sordidasset

I had dismissed the idea of AI being immediately dangerous as sensationalism until I saw this.

It does reek a little of the click-bait style. However, that might just be because click-bait is effective and the concerned persons are serious enough about this to step outside of a dry, academic style.

Is this a tongue-in-cheek discussion you guys are having about taxes?

But the fed doesn't change the dollar's value in secret. Indeed, wages are worth less now, but it's not because employers are having back-room chats with the central bank.

But if, as you predict, ISPs/infrastructure only support GOOG, FB, and AMZN packets, what good will alternative protocols be? Seems like there will be no opportunity for new information-innovations like Bitcoin.

Seems like the solution is to begin treating infrastructure as a public utility, but I can hardly imagine that actually happening.

We want to do something, but we haven't figured out what yet. Defining a problem is often the first step to a solution.

But what if they do in the future? Suppose the author is right and ISPs don't support any packets/protocols other than FB, GOOG, and AMZN.

Are you arguing that in sum total, humanity is better off allowing private organizations to control communications in order to adhere to free market principles than the reverse?

>Still, the cost of an on-blockchain transaction will probably go up to $1000-10000 in current US dollars

I have a btc holding in cold storage of ~$350. I value the security and control of controlling my private keys+being on the main, trustless, chain. I suspect many people have a similar situation. What are we to do when txn costs rise as you describe?

I know plenty about the Bitcoin protocol, but I havent had time to do DD on Segwit or LN.

Figure artist here. After many years of pursuing traditional representational study, I've more or less concluded that it's fertility worship.

From the woman of Willendorf to Courbet's Origin to Heff's magazine, there's a running theme here; one more fundamental than sex-for-pleasure.

the tumbler-padlock analogy is broken. I know how to pick a lock mostly because the "how it works" info is open.

What's a blockchain winter?

I'm in the same boat as you. 25 and starting my career, severely limited by my poor performance in school.

Sundays are study days from now on. Hopefully I can catch up.

What quantifiable system of keeping score is as universally applicaple as money? Money is an awful way to keep score on a global scale, but it seems to be the best we have.

Okay, good faith response here, just trying to wrap my head around it;

>This is where monetary policy comes into play. Any inflationary pressure caused by fiscal policy has to be compensated for through monetary tightening.

So you're saying we print money to meet the demands of bondholders, but stop printing and raise the federal funds rate to combat inflation if it starts to grow past target?

Minimum wage is difficult to accomplish due to forex fluctuations and wide variations in relative purchasing power. Maybe an international rule requiring a minimum wage pegged to a local CPI basket?

But then, I suspect multinationals would still find a way to arbitrage to the detriment of low-skill workers.

Permanent structural deficit spending

Wouldn't that eventually lead to a 'collapse of rome' type situation?

I'd like to see it summarize Naked Lunch.

This is just a powerpoint. There's no insight. Heck, there aren't even complete sentences.

Do you think there's a solution?

Any advice on where to look? I majored in finance because I thought this is what I would learn. Instead they told me to trust in DDM. Waste of money.

Don't get the finance degree. Everything they teach you will be theory that is literally from the 1950s and has been empirically proven incorrect. Almost all the jobs open to you will require you to be fundamentally dishonest.

Go for a math or CS degree.

Is #5 really happening?

Where is it being sold? I wanna check if I or family members have been made.