News for hackers. Stuff that matters.
[dead]
Re:Central Bank Digital Currencies Are a Bad Idea by zabuni on Sunday December 27, 2020 @08:18AM (#25550811)
Why the Quarantine is actual serfdom. https://www.forgac.me/blog/2020/4/5/pandemic-the-shortcut-to... Also on Mises.
Re:Central Bank Digital Currencies Are a Bad Idea by paganel on Sunday December 27, 2020 @08:28AM (#25550879)
Keeping hundreds of millions of people locked inside their houses or in a 5- or 10-km radius is pretty close to modern serfdom, I mean, it definitely quacks and looks like serfdom to me. How else would you define modern serfdom?

Apparently we must apply these serfdom-like measures in order to win against the current pandemic, but that's a different discussion (one of effectiveness).

Re:Central Bank Digital Currencies Are a Bad Idea by logicchains on Sunday December 27, 2020 @09:23AM (#25551216)
>Apparently we must apply these serfdom-like measures in order to win against the current pandemic, but that's a different discussion (one of effectiveness).

It's not just a discussion of effectiveness, it's a discussion of values. But proponents of the lockdowns try to avoid that by painting anyone who doesn't share their value system as evil or immoral. There's a good chunk of the population who think it would be immoral to violate people's rights to free movement and association even if a disease with a 5-10% death rate was going around, because human rights aren't conditional. E.g. people who follow some form of https://en.wikipedia.org/wiki/Deontological_ethics rather than a https://en.wikipedia.org/wiki/Utilitarianism -based value system.

Re:Central Bank Digital Currencies Are a Bad Idea by Krustopolis on Sunday December 27, 2020 @08:05AM (#25550745)
For the non-economists, he is referring to Ludwig von Mises: https://en.wikipedia.org/wiki/Ludwig_von_Mises
Re:Central Bank Digital Currencies Are a Bad Idea by jeofken on Sunday December 27, 2020 @08:10AM (#25550764)
Highly doubt von Mises said that.

Here is good intro materials to his very rational economic theories https://mises.org/economics-beginners

Re:Central Bank Digital Currencies Are a Bad Idea by logicchains on Sunday December 27, 2020 @09:13AM (#25551147)
Yes, because the greatest famines of the past 200 years, during the Great Leap Forward and holodomor, were caused by following extremist free market policies, not the opposite.
[dead]
Re:Central Bank Digital Currencies Are a Bad Idea by seibelj on Sunday December 27, 2020 @10:10AM (#25551527)
So ignorant that every implementation of socialism / communism, or any economic system that tried to control prices in some systemic way, starved or outright murdered vast amounts of humanity?

I love free societies and you should appreciate that capitalists allow the socialists to discuss revolution freely. Because if and when the socialists take over, I can guarantee they won’t afford the capitalists the same freedom.

Re:Central Bank Digital Currencies Are a Bad Idea by jahaja on Sunday December 27, 2020 @11:20AM (#25552007)
> Because if and when the socialists take over, I can guarantee they won’t afford the capitalists the same freedom.

You should know your enemy better than lazily repeating Cold War rhetoric. 99% of all socialists today are firmly democratic.

Re:Central Bank Digital Currencies Are a Bad Idea by seibelj on Sunday December 27, 2020 @11:35AM (#25552129)
... as we watch the most overtly socialist countries on earth (Cuba, China, Venezuela, North Korea) do exactly the same playbook of thought crime, murder, and torture?