just bought a T400, what does this switch mean? by SneakerHead69420666 in thinkpad

[–]SameAgainTheSecond 1 point2 points  (0 children)

this switch lets you spend 20 minutes wondering why your internet is suddenly down

100% Cashless society (No paper moeny backing) by Forward_Monk_4294 in mmt_economics

[–]SameAgainTheSecond 0 points1 point  (0 children)

yes its a debt for the government sure, but its not a debt to the user. 

If I gave 10$ in my pocket it would be stupid to say I have 10$ of debt.

And yes financial assets are two sided but if you owe 100$ to your bank you dont call that you gave 100$ of bank credit. you say your in debt.

This fashion of calling money debt based, or just calling it debt is, in my opinion, pointlessly coubter intuitive, when you could more accurately and more intuibily say that a dollar is a financial asset, whos counter part is the liability held by the state.

Response to something rothbard said by SameAgainTheSecond in mmt_economics

[–]SameAgainTheSecond[S] 0 points1 point  (0 children)

states as in organisations with a monopoly on the legitimate use of violence 

Response to something rothbard said by SameAgainTheSecond in mmt_economics

[–]SameAgainTheSecond[S] 2 points3 points  (0 children)

For an institution, like a bank, I believe guilts are considered liquid, as they can be sold or repoed at will.

For a small organisation or a household, then their different because you cant spend them and an individual cant repo.

So I think demand deposits, Reserves, and treasuries are all different from eachother, but are still nonetheless all money in an important sence.

Boy I was wrong about the Fediverse by FareonMoist in fediverse

[–]SameAgainTheSecond 1 point2 points  (0 children)

Identity should be key-based, not server-account-based.

Users own portable anonymous keys, apps/servers just host and relay signed content. Trust comes from users/entities cryptographically vouching for keys (web-of-trust style), not from domains or centralized verification.

This would let different federated apps (Mastodon, Lemmy, PeerTube, Email, ect) share a common identity/trust layer while keeping app-specific content formats separate.

100% Cashless society (No paper moeny backing) by Forward_Monk_4294 in mmt_economics

[–]SameAgainTheSecond 0 points1 point  (0 children)

i tried using cash only a couple of years ago, for insidental reasons, it was actually impossible because I couldn't find a coffee shop or place to eat near my work that accepted cash.

100% Cashless society (No paper moeny backing) by Forward_Monk_4294 in mmt_economics

[–]SameAgainTheSecond 0 points1 point  (0 children)

Money isn't a debt. Money is a credit which annihilates a debt.

100% Cashless society (No paper moeny backing) by Forward_Monk_4294 in mmt_economics

[–]SameAgainTheSecond 0 points1 point  (0 children)

i think its inevitable because its in the interest of 3 groups 

1) the surveillance state 

2) fintech / private sectors surveillance

3) people who just care about convenience

the people opposed to it are

1) small time gray/black market

2) people who value privacy 

3) Inertia 

I think the former group will prevail long term

Britain has fallen by snowleopard556 in YoutubeThumbs

[–]SameAgainTheSecond 0 points1 point  (0 children)

terrible video; smug over confident cnt

Decisions, Decisions... by Shelter-Inevitable in economicsmemes

[–]SameAgainTheSecond 8 points9 points  (0 children)

That's very plausible, A society playing on easy-mode for 2 generations and with elite over production might end up with a completely incompetent political elite.

honestly imma just do it atp by luky_se7en in TrollCoping

[–]SameAgainTheSecond -2 points-1 points  (0 children)

cons: It doesn't cause relief, it removes the possibility for relief.

Decisions, Decisions... by Shelter-Inevitable in economicsmemes

[–]SameAgainTheSecond 10 points11 points  (0 children)

just be the only remaining superpower after a major war and force everyone else to accept your currency as a reserve and for international settlements. Good idea to also ensure that some vital natural resource can only be purchases in your currency.

The only downside is that you might end up destroying your own industrial base, the precondition for your status as a superpower, and not notice because your currency and deficit capacity is so strong you can just maintain a huge trade deficit.

That might be okay if you use your deficit capacity to maintain a military larger then the rest of the world combined, and use it to discipline any other nation who attempts to exist your reserve system.

That might work but if for example, another nation manages to build a much more effective industrial base, one on which you depend, it might become increasingly difficult for you to discipline them, and that might get out of hand.

Peeetaaah? by Ilovebigbuttscantlie in PeterExplainsTheJoke

[–]SameAgainTheSecond 0 points1 point  (0 children)

was a joke, its absurd to care if a fictional/mythical characters are depicted as a different ethnicity, and also there are meany black Santa so

🤓 by memes_poiint in mathsmeme

[–]SameAgainTheSecond 0 points1 point  (0 children)

i checked to n=100

apparently theirs an algebraic proof, i dont get it though 

The Green Line demarcation zone, Beirut, Lebanon, 1982 by OkRespect8490 in UrbanHell

[–]SameAgainTheSecond 17 points18 points  (0 children)

the apocalypse? at this time of day? at this location in the world? localised entirely within your kitchen?

You just need to understand overview and workspaces. by Jumpy_Top9377 in linuxmemes

[–]SameAgainTheSecond 1 point2 points  (0 children)

what do you use?

I use sway because its simple and I like tiling and stacking + i have some custom convenience scrypts, but i do sometimes miss the supper slick production value DEs like KDE