Re:The old internet shows signs of quietly coming back
by idiotsecant on Thursday January 27, 2022 @10:41AM
(#30101846)
>But giving power to a handful of rich people and asking them to make monetary policy is an oligarchy and it's not a good idea.
Oh geez, we should probably stop doing that then.
Re:The old internet shows signs of quietly coming back
by agentultra on Thursday January 27, 2022 @02:34PM
(#30105170)
Agreed.
This is what I mean about giving a bunch of programmers/developers the power to choose new forms of governance/financial infrastructure.
These are social structures that affect everyone and shouldn't be given to developers no matter how well-meaning they are.
Sounds great if you want to buy things law enforcement would be interested in tracking down.
> Those things seem important.
Understatement of the year.
> Imagine a world where the people ruled by a government have some say in whether they're doing a good job with monetary policy or not.
Assuming you live in the US, then you do -- it's called democracy.
But giving power to a handful of rich people and asking them to make monetary policy is an oligarchy and it's not a good idea.