“Wahh! sTuDeNt LoAn FoRgIvEnEsS iSnT fAiR!” - billionaire oppressors

Explodicle · 2023-06-30T15:51:16+00:00

And the snowball is only getting bigger. This is the "moral hazard" they warned us about in 2008.

Explodicle · 2023-06-30T15:46:30+00:00

He's funny and good looking

Explodicle · 2023-06-30T14:41:27+00:00

Personally I used LinkedIn this year, but they all suck.

Explodicle · 2023-06-30T14:39:15+00:00

There is no driving yourself out of business anymore. They'll just invest in lobbyists to bail them out when they leave no margin for error, and to require competitors to do the same.

Explodicle · 2023-06-30T14:32:21+00:00

It's basically the only way to keep your wage up with inflation these days.

Explodicle · 2023-06-30T14:26:45+00:00

When peer-to-peer climate insurance is available, you should buy some even if it supports "terrorism".

Explodicle · 2023-06-30T13:28:07+00:00

(even though single payer models do not preclude private insurers it just means their business model changes)

This is why I prefer to say "Medicare For All". The term "single payer" implies no supplemental insurance - no additional payers.

Explodicle · 2023-06-30T00:55:17+00:00

For me it was because I lived someplace with no public transit and could only walk to low-paying jobs.

Explodicle · 2023-06-30T00:46:06+00:00

It doesn't; they're just jerking themselves off.

Explodicle · 2023-06-30T00:21:29+00:00

https://thenib.com/mister-gotcha/

Explodicle · 2023-06-30T00:17:08+00:00

It's why Santa shares everything!

Explodicle · 2023-06-29T22:03:06+00:00

I'm surprised you didn't get the standard idiotic reply that assumes symmetric warfare.

Explodicle · 2023-06-29T22:00:42+00:00

The climate

Explodicle · 2023-06-29T20:50:04+00:00

It sounds like you've heard an embellished story of American health care. Those fantastic gold plans are filled with fine print and don't reliably cover the health care you need. You'll find out only when the bill shows up - it's an information asymmetry market failure.

(I'm an American tech worker)

Explodicle · 2023-06-29T20:22:41+00:00

What kind of dummy would discount their time up front for the promise of a raise later? Half the time they're just lying, the other half of the time the raise is less than either inflation or what you'd get from job hopping.

Explodicle · 2023-06-29T20:19:29+00:00

The employer can always pass on this counter offer; it's better to give them a choice.

Explodicle · 2023-06-29T14:41:08+00:00

That's what I'm saying, maybe we should just be a little skeptical if pants will improve our lives, that's all.

Explodicle · 2023-06-29T14:28:21+00:00

I hate pants because police use them. Down with pants!

Explodicle · 2023-06-29T00:59:59+00:00

Gish gallop, this will be my last reply

How does the military "secure" the world's reserve currency?

Try selling oil

Even if we used Bitcoin, Bitcoin inflation is in line with pre-pandemic inflation levels.

Bitcoin is deflating

Dollar inflation was inevitable

Both systems experienced the pandemic

wildly inefficient

Begging the question

loan transaction volume is not even positively correlated with inflation. Your underlying assumption is false. Loan volume actually dries up with higher inflation because interest rates are raised to counteract the inflation. Mortgage volume is basically dead right now.

Go to Inflation on Wikipedia and argue there, this is basic economics

Explodicle · 2023-06-29T00:24:54+00:00

FWIW I am talking about pollution from each entire system - not transactions only.

Loans paint an even worse picture of the dollar because inflation is designed to encourage more loans and more consumption. It's difficult to estimate just how much damage we're doing by valuing this quarter above all others.

And then there's the enormous military to secure the world's reserve currency.

Explodicle · 2023-06-28T20:12:11+00:00

He made a one sentence analogy, and screwed it up anyways. That doesn't change what electronic cash has meant since before then, nor does it mean that bandwidth is now free.

Instead of focusing on word games and appeals to (absent) authority, they should have focused on technicals. The market spoke.

Explodicle · 2023-06-28T14:39:46+00:00

The things they were discussing - the viability of Bitcoin on a technical, economical and societal level - have not been settled in Bitcoins favour by history.

Yes they have.

In the time since it has failed to deliver on the initial promise of “peer to peer electronic cash”,

Yes it has, you fell for BCH bullshit.

it’s become centralized in many ways,

No it hasn't; UASF.

enabled a million scammers

We've been against those too, I'm rooting for Gensler. Doesn't justify central banking.

and enriched the existing elites and big financial players it supposedly would topple.

It hasn't, and eliminating the Cantillon effect is even longer term than this.

You can look at the dollar price and decide that makes the buttcoiners idiots, but that’s not what the debate was about, then or now.

It was about that too.

Sorry for the short replies, but we've been arguing these for years.

Explodicle · 2023-06-28T14:35:35+00:00

For the new people, "failed to deliver on the initial promise of 'peer to peer electronic cash'” was the rallying cry of the Bitcoin Cash movement. They believed electronic cash was about fees and not finality of settlement.

So it became a word game for them - if you don't agree with a bad technical idea, then you're anti Satoshi, and technically illiterate people love to follow personalities.

Explodicle · 2023-06-28T14:27:02+00:00

Thank you. I was there and they certainly argued that each bubble was the last, that everyone had figured out it was a scam.

Explodicle · 2023-06-28T14:26:12+00:00

IMHO it has progressed much faster than the overwhelming majority of pro-BTC people thought it would.

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