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Posts
2
Comments
167
Joined
2 yr. ago

  • The main difference between these "shit coins" and fiat is once the shit coin scammers eventually pull the rug, they cannot just print more of that coin. Fiat scammers can just print more of that currency.

    But in both situations one does need to look at the economics of the coins, and the priors of the people in control.

  • I think I didn't make myself clear. When I said "by volume" I meant was the amount of value the different systems hold and the amount of if not outright fraud, negative aspects of the systems. The fiat money systems' money supply has a fundamental weakness, it can be created out of thin air so is constantly loosing value. Think of all the investment vehicles or other assets that tie themselves to this loosing value asset. Trillions in USD. And what's it all backed by? Ultimately guns. Well most crypto currency is backed by maths and no matter how many guns you point at it, you cannot make 2+2= anything other than 4.

  • Ha ha. 15. Rage Against The Machine. Having visions of Trump arriving at the podium along with Killing In The Name

  • I don't know what it's rating is, but it's not forgotten. I bet if you surveyed 100 people to name art styles, I am confident that well over 60% would mention art deco.

  • While I support crypto you gotta pick your asset. And, boy this is a dud.

  • I would say the fiat money system is the biggest con, at least by volume. What with all the quantitative easing and fractional reserve banking.

  • How powerful a tool X is depends on how much legitimacy it can gain. If politicians are leaving the platform it can't be long before advertisers also leave. I'm old enough to remember Myspace. Even Facebook is a bit pacé nowadays.

  • I could imagine Labour HQ running their own Lemmy server for their MPs and staff.

  • It really depends how well maintained the instances are. This extra work may come at a cost. Which may exclude some of the opportunists.

  • I think you are discounting how the election itself can bring eyeballs and green backs. He is only to utter an outrageous statement and create a media buzz. Plus, he has won over most of the media, anyway. Or at least they are willing to grade Trump on a curve.

  • I would argue that cronyism is a symptom of capitalism. Regulatory capture and buying off politicians is a damn fine return on investment.

    This is not to say communism didn't also have it's problem with corruption and bribes.

    Without proper oversight, any human run thing is subject to this universal law: humans are lazy and greedy.

  • I wonder what he had to give up in the plea deal.

  • This is the outcome of Capitalism . Even the new Open Access Operators are no guarantee of sustainable salvation. As Capitalism in a free market will always seek to acquire and merge. Or out compete and destroy competition.

  • For personal things, computer, phones, etc. Big corpos cover this by a EULA. EULAs also covers forums controlled by the companies. For public places like websites, you can control search engines by using a robot.txt file.

  • You could argue that's what industry-millitary complex is already doing. Along with the media.

  • While I agree with you, at what stage would you find a job just not worth the carnage?

  • I don't tend to rely as much on Valve's compatibility rating as I do ProtonDB's. Even though it takes extra steps.

  • I looked at it and despaired how intertwined Israel is in the global economy. A full boycott will be a real sacrifice. You'd be surprised how wide ranging their influence is.

  • The real question is do we have enough access to cheap green tech? A further, more probing question is: what are we willing to sacrifice to get it? Potential things on the chopping block:

    • sovereignty
    • worker rights
    • national security
    • a resilient economy

    As to the last one, as the recent pandemic showed, consolidating manufacturing to one country/area can make the global economy quite fragile to economic, environmental, societal and political shocks.