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Bitmain Rival’s Founder Arrested as War of Crypto Miners Heats up

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Re: Bitmain Rival’s Founder Arrested as War of Crypto Miners Heats up

#61

Post by marvin »

zaptheimpaler wrote: post #59
wolco wrote: post #33

Earlier quoted context omitted.

Long term they will fall behind without stealing.

Its so weird how there were no complaints about China for the past decade or two while they were just making your iPhones, but the second they put their own interests ahead of the US all I hear & see is about how crooked & corrupt they are...

There has been plenty of criticism of China's authoritarian policies and human rights abuses, from all of the Western world, for decades. Someone better versed on the topic could probably describe it better than me, but everything from communist policy, the great leap forward, the Tiananmen Square massacre, Falun Gong persecution, the lack of rule of law and so on, has been criticised since it first happened.

US authorities seem to have only stepped up the criticism recently as China has become more of a viable adversary on the global stage though. The US government doesn't particularly care about the ethics of most countries, and will mostly criticise it when it's in their own interest. There's also stuff that's only come to light in the last few years. Chinese authorities flexing their power in ways that directly affect US interests is one of these.

Re: Bitmain Rival’s Founder Arrested as War of Crypto Miners Heats up

#62

Post by marvin »

webpaymentsguy wrote: post #52
mikekchar wrote: post #39

Earlier quoted context omitted.

These kinds of characterisations frustrate me. It's a horrible simplification that leads one to a whole set of conclusions that are probably way off target. No complex society runs without rules. By and large, if members of the society do not follow those rules then the result is chaos. Clearly, China is not a lawless state where people do whatever they choose and the strongest one wins. It is a country with real law…

When I've heard people question or say there is no rule of law in China, usually it's followed up with how their court system isn't independent of their political system by design, not that it's lawless/a free for all for the CCP. Not that I disagree with a large chunk of what you said either, but it's just not hyperbole that China has no rule of law per a common definition of the word because of party and worker jud…

That's an interesting distinction. I don't know how this is expressed in English, but the Norwegian language has a term called "the principles of a state that follows law/rights", (the word 'law' is the same word as 'right', as in French - full term "rettsstatsprinsippene").

This term is commonly translated as "the rule of law", but strongly implies the distinction that you're saying the English term does not.

Central parts of "rettsstatsprinsippene": Everyone is equal in the eyes of the law, laws cannot be reteroactive, the accused is innocent until proved guilty, the arrested must be presented to a court within 24 hours, the accused have a right to a state-appointed defender.

Re: Bitmain Rival’s Founder Arrested as War of Crypto Miners Heats up

#63

Post by zaptheimpaler »

marvin wrote: post #61
zaptheimpaler wrote: post #59

Earlier quoted context omitted.

Its so weird how there were no complaints about China for the past decade or two while they were just making your iPhones, but the second they put their own interests ahead of the US all I hear & see is about how crooked & corrupt they are...

There has been plenty of criticism of China's authoritarian policies and human rights abuses, from all of the Western world, for decades. Someone better versed on the topic could probably describe it better than me, but everything from communist policy, the great leap forward, the Tiananmen Square massacre, Falun Gong persecution, the lack of rule of law and so on, has been criticised since it first happened. US auth…

Of course im sure there have always been critics but the bar is not any instance of criticism - thats an awfully low bar. its the wide shift from being nowhere in mainstream consciousness to pervasive.

As an uniformed reader of mainstream media and social networking sites, China was just not on the radar a few years ago. Politicians didn’t talk about it, people didn’t talk about it, news didn’t talk about it.

Re: Bitmain Rival’s Founder Arrested as War of Crypto Miners Heats up

#64

Post by marvin »

zaptheimpaler wrote: post #63
marvin wrote: post #61

Earlier quoted context omitted.

There has been plenty of criticism of China's authoritarian policies and human rights abuses, from all of the Western world, for decades. Someone better versed on the topic could probably describe it better than me, but everything from communist policy, the great leap forward, the Tiananmen Square massacre, Falun Gong persecution, the lack of rule of law and so on, has been criticised since it first happened. US auth…

Of course im sure there have always been critics but the bar is not any instance of criticism - thats an awfully low bar. its the wide shift from being nowhere in mainstream consciousness to pervasive. As an uniformed reader of mainstream media and social networking sites, China was just not on the radar a few years ago. Politicians didn’t talk about it, people didn’t talk about it, news didn’t talk about it.

This doesn’t reflect my impression as a Northern European. The criticism and sentiment has certainly stepped up in the last year, probably in part due to focused efforts by US authorities, but it’s been quite vocal all along. Famously, Norway was in the doghouse of China for 7 years after giving the Nobel Peace Prize to Liu Xiaobo, and government officials discussed human rights issues with Chinese officials up until that point. The media covered this in detail, along with the human rights abuses in question.

Maybe what you’re describing is true for the United States. I wouldn’t know.

Re: Bitmain Rival’s Founder Arrested as War of Crypto Miners Heats up

#65

Post by bananabreakfast »

zaptheimpaler wrote: post #63
marvin wrote: post #61

Earlier quoted context omitted.

There has been plenty of criticism of China's authoritarian policies and human rights abuses, from all of the Western world, for decades. Someone better versed on the topic could probably describe it better than me, but everything from communist policy, the great leap forward, the Tiananmen Square massacre, Falun Gong persecution, the lack of rule of law and so on, has been criticised since it first happened. US auth…

Of course im sure there have always been critics but the bar is not any instance of criticism - thats an awfully low bar. its the wide shift from being nowhere in mainstream consciousness to pervasive. As an uniformed reader of mainstream media and social networking sites, China was just not on the radar a few years ago. Politicians didn’t talk about it, people didn’t talk about it, news didn’t talk about it.

Gotta say, that's straight up wrong. China has always been a huge issue. Mostly from a sympathetic view for the deeply exploited people getting poisoned and dying from recycling our plastic and electronics.

But also the large buddhist community in America will never forget China invading Tibet and murdering the successor to the Dalai Lama. That still gets talked about a lot.

Re: Bitmain Rival’s Founder Arrested as War of Crypto Miners Heats up

#66

Post by bananabreakfast »

55555 wrote: post #44
Matticus_Rex wrote: post #42

Earlier quoted context omitted.

Literally like 99.9% of all economists who don't work for the Trump administration would disagree with this, and 100% of the ones who study the effects of international trade.

I don't think you are right but if you are then I don't think those economists are right. There is a balance to strike. If your country is behind them protectionism can be powerful.

Yes, of course. Your protectionist and nationalist knee-jerk reaction and gut feeling is certainly more trustworthy than all of the world's economists.

Re: Bitmain Rival’s Founder Arrested as War of Crypto Miners Heats up

#67

Post by jacquesm »

droopyEyelids wrote: post #49
mikekchar wrote: post #39

Earlier quoted context omitted.

These kinds of characterisations frustrate me. It's a horrible simplification that leads one to a whole set of conclusions that are probably way off target. No complex society runs without rules. By and large, if members of the society do not follow those rules then the result is chaos. Clearly, China is not a lawless state where people do whatever they choose and the strongest one wins. It is a country with real law…

I think you're totally wrong. China is not a nation of laws the way the US or European countries strive to be. It's a different philosophy. They have laws, but the laws are not supposed to be supreme over the rulers. And there are TONS of examples of official lies, especially on the subject of the ownership and control of large enterprises.

Here in NL our laws are also not supreme of the rulers. Frustrating but true and as much as I would like to believe that in a court of law our king would be held to the same standard as I would be I'm just about 100% sure that that would not be the case.

Worse still, there is this file called 'crimes committed by the royal family' that is classified until 100 years after their death.

This is why to this day we don't know the exact details of Bernhard van Oranje's many escapades and crimes, some of which were quite significant and yet ended up covered up.

https://nl.wikipedia.org/wiki/Bernhard_van_Lippe-Biesterfeld...

The combination of politicians and structural lying is unfortunately not limited to China either.

Re: Bitmain Rival’s Founder Arrested as War of Crypto Miners Heats up

#68

Post by shkkmo »

zaptheimpaler wrote: post #63
marvin wrote: post #61

Earlier quoted context omitted.

There has been plenty of criticism of China's authoritarian policies and human rights abuses, from all of the Western world, for decades. Someone better versed on the topic could probably describe it better than me, but everything from communist policy, the great leap forward, the Tiananmen Square massacre, Falun Gong persecution, the lack of rule of law and so on, has been criticised since it first happened. US auth…

Of course im sure there have always been critics but the bar is not any instance of criticism - thats an awfully low bar. its the wide shift from being nowhere in mainstream consciousness to pervasive. As an uniformed reader of mainstream media and social networking sites, China was just not on the radar a few years ago. Politicians didn’t talk about it, people didn’t talk about it, news didn’t talk about it.

I'm not sure what you have been reading, but that is simply not true. There has been an increase of coverage in the last couple of years, but China was certainly on the radar a regularly discussed in mainstream news for a long time.

Re: Bitmain Rival’s Founder Arrested as War of Crypto Miners Heats up

#69

Post by ethbro »

vkou wrote: post #51
ethbro wrote: post #46

Earlier quoted context omitted.

The assertion was not that China is growing slower than India, but that the current Chinese economy is growing slower than a more liberal Chinese economy.

Then it is a completely unfalsifiable claim, and is, therefore, unprovable.

Yes. While I realize HN fetishizes appearing logical, not everything in economics falls in such a bucket.

Re: Bitmain Rival’s Founder Arrested as War of Crypto Miners Heats up

#70

Post by everdev »

paggle wrote: post #60
everdev wrote: post #56

Earlier quoted context omitted.

Present evidence in a court of law. I'm sure there are enough detectives, prosecutors and FBI agents eager to make a career out of bringing a case if there's solid evidence.

Yes, that evidence conveniently “suicided”...

With a crime as widespread as you suggest there will likely be other witnesses like the woman currently accusing Prince Andrew.
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