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Re:Statement of SEC Regarding Recent Market Volatility by tompccs on Friday January 29, 2021 @11:15AM (#25958838)
Of course, an outsider can't simply declare something to be true by dint of being an outsider. You need to reason it. Or, in the market, bet on it, and you'll see who wins out. But experts should be held to the same standard.
Re:Statement of SEC Regarding Recent Market Volatility by kd0amg on Friday January 29, 2021 @11:30AM (#25959077)
> Or, in the market, bet on it, and you'll see who wins out.

This is a fine way to settle debates about the health/viability of a publicly traded company, but it doesn't help much when the point of contention is a question of law.

Re:Statement of SEC Regarding Recent Market Volatility by AnthonyMouse on Friday January 29, 2021 @11:46AM (#25959289)
The other issue is that it tends to be underspecified whether a discussion is about law or policy.

Someone comes in and describes from first principles what a reasonable system would look like, and then someone else haughtily chastises them because that isn't how the existing system works. But if you read it as they intended it, i.e. as a policy proposal rather than a legal opinion, then the fact that it isn't the existing system is the point. The intention is to change the system to make it that way and the desired response is either support or a criticism of the mechanics of the proposal rather than its basis in existing law.

Re:Statement of SEC Regarding Recent Market Volatility by mcguire on Friday January 29, 2021 @12:14PM (#25959685)
On the other hand, many people who reason from first principles fall into two fallacies:

First, they believe that their system is how the world should work, and therefore how it would work if only someone, somewhere, weren't interfering. The result is conspiracy theories.

Second, they have not fully thought out the consequences, or don't care about them, and dismiss the historical consequences of similar systems in the past. Reasoning with people who ignore evidence in favor of their theorizing is difficult.

Re:Statement of SEC Regarding Recent Market Volatility by andrewprock on Friday January 29, 2021 @12:51PM (#25960158)
I can only applaud this succinct diagnosis of the difficulty in dealing with online debate.
Re:Statement of SEC Regarding Recent Market Volatility by pas on Friday January 29, 2021 @01:38PM (#25960704)
Offline debates tend to be even worse. You usually don't have time to read it at your pace, whoever talks to you will keep making sounds, etc.
Re:Statement of SEC Regarding Recent Market Volatility by avs733 on Friday January 29, 2021 @01:13PM (#25960418)
> an outsider can't simply declare something to be true by dint of being an outsider.

you must be new to the internet.

Re:Statement of SEC Regarding Recent Market Volatility by pas on Friday January 29, 2021 @01:39PM (#25960720)
So ... an outsider who just declared something as true. It's tautologies all the way down! :)
Re:Statement of SEC Regarding Recent Market Volatility by avs733 on Friday January 29, 2021 @01:41PM (#25960732)
a tautologie is a form of turtle, I don't understand why the herpetologists haven't read my medium to understand that.