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finspeech

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Wed, Nov 09, 2022, 4:18 PM UTC
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About finspeech

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Recent public activity

  1. comment
    Comment #34110904

    No need to rephrase. That was indeed my question. Fact of the matter is, you need money to participate in society at large. I don’t see why it’s bad that Twitter’s not any differen…

  2. comment
    Comment #34071816

    I think a case could be made for it. Or something like only taxpayers get to vote since they are effectively deciding how to spend their collective dollars. This is how companies o…

  3. comment
    Comment #34068890

    And those that made bad choices that the market doesn’t agree with are punished accordingly, by losing their money and thus influence in future decisions

  4. comment
    Comment #34068815

    But is that actually bad? Don’t we want the people making decisions to have skin in the game? People use money everyday to express their preferences, why shouldn’t we use it here?

  5. comment
    Comment #34068761

    This is the way it should be. People need to have skin in the game and this is in line with my suggestion on how Twitter can solve both its revenue problem and its content moderati…

  6. comment
    Comment #33990011

    > Isn’t every product margin an opportunity for competition? Yes. Which is why marginal revenue does trend towards marginal cost, contrary to what you’re claiming. High margins are…

  7. comment
    Comment #33989810

    Yes that is true, but under the assumption that prices are only raising due to corporations increasing them, then my original post comes into play where for everyone that is worse …

  8. comment
    Comment #33989692

    Yeah, but there are plenty of people who do own assets. It’s not just the 1% that owns all the assets. Plus, the market, and peoples’ places in it are not static. Many lower income…

  9. comment
    Comment #33940355

    Increased profit margins can be entirely explained by an increase in the money supply (remember those pandemic stimulus checks). Supply of goods stayed the same, or even decreased …

  10. comment
    Comment #33940122

    > Real wages have been flat for median workers since the 70s Real wages for workers in what context? The US? The industrialized nations? Perhaps the better explanation for this (as…

  11. comment
    Comment #33940032

    I’ll grant this, but no matter what it’s called, ultimately no group (consumer vs. business) is better or worse off. In such a spiral it’s just the nominal numbers that are changin…

  12. comment
    Comment #33939999

    > It doesn’t have to be collision It does have to be collusion, otherwise competition to keep prices low > don’t deny it is a possibility while witnessing it as a reality I’m not d…

  13. comment
    Comment #33932913

    Setting aside the almost impossible feat that every business could collude to arbitrarily double their profit margins, even if your assumption is granted, it would ultimately have …

  14. comment
    Comment #33838918

    1. Yeah I agree, it is, albeit a bit more indirect. By making it more direct and explicit then content moderation can be more granular and have a tighter feedback loop and ultimate…

  15. comment
    Comment #33837273

    Level 21: Financialize speech. Give the power of content moderation directly to the people by harnessing markets. Want to ban/allow Ye or Trump? Highest bidder gets to decide. Give…

  16. comment
    Comment #33836785

    I’m just making the implicit, explicit. At least this way it’s not done in back rooms by power brokers, but out in the open in which everyone can participate. Also, the People have…

  17. comment
    Comment #33836596

    Agree with everything you said. Especially that what is acceptable speech is dynamic and it’s hard to define. I view the boundaries of acceptable speech as a resource. And like oth…

  18. comment
    Comment #33541796

    Yeah, excellent idea. Definitely have to delegate and decentralize the verification process if you want something that’ll scale. And if Musk doesn’t implement this users could perh…

  19. comment