Re:Bitcoin breaks above $20k
by WanderPanda on Wednesday December 16, 2020 @01:50PM
(#25446668)
„Don‘t ascribe to malice what can be ascribed to stupidity“ (stupidity and short term, well intentioned, but in the end egoistic thinking, I would add)
"Any sufficiently advanced incompetence is indistinguishable from malice" - Grey's Law.
You just need a handful of people to independently see a few opportunities to profit from different activities (which are related in non-obvious ways) and together they can effect great malice without any single individual being aware of their collective malice.
The Upton Sinclair principle ensures that the perpetrators of malice are not aware of it: "It is difficult to get a man to understand something, when his salary depends on his not understanding it."
Only the victims of malice can see it as such, the perpetrators are the last to see it.
Re:Bitcoin breaks above $20k
by WanderPanda on Thursday December 17, 2020 @03:03AM
(#25453622)
Wow, really cool, thanks for the pointers!!
I was always thinking in these terms but never explicitly looked for other people's takes
It's a way to justify why we should all be playing the game of musical chairs instead of the game of 'make more chairs' or even 'make more chairs, but each person should only have one chair'.
It all stinks like corruption. If you really wanted to solve global warming, the best solution would be to limit population growth, you could just give people tax incentives to have fewer children. Could be implemented as UBI: You get less basic income if you have more children. That is a much simpler and fairer solution and doesn't require deceiving billions of people with an epic global monetary ponzi scheme. Also we could get rid of useless bureaucratic jobs which are making the lives of billions of people miserable.