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I was wrong, we need crypto

world.hey.com

171–180 of 336 posts

Re: I was wrong, we need crypto

#171
post #143

Mike Solana calls this Trudeau's rainbow-colored iron fist: https://www.piratewires.com/p/shock-and-awe?utm_source=url

I wonder if the chaotic noise dominates social awareness because people are simply unaware of the macro trends influencing them, or the more charitable explanation that they are aware they exist but accept they are helpless to change them. Either way, this entire ordeal has basically solidified my position that as a society we are woefully unequipped to solve any of the major problems that threaten us. People are so…

I think that there are answers out there, many coming from Stephen Kotkin, a man who destroyed his eye sight studying Stalin, who is an expert on the collapse of the Soviet Union, and who is trying to reboot the American diplomatic service. He talks about how we in the west must stop demonizing each other. We have the ability to solve our problems, but our political parties make it impossible to get the right people on our ballots. (In Canada I just join all the parties and vote within them, since a vote within is worth 50 votes without).

Kotkin is non-partisan, and we should all take notice of what he says. video: https://www.youtube.com/watch?v=ul1gsIdlJFs transcripts: https://www.hoover.org/research/5-questions-stephen-kotkin-1

Re: I was wrong, we need crypto

#172

Earlier quoted context omitted.

No he didn't either way, because that's not what the Emergencies Act is or does. [1, 2] [1] https://en.wikipedia.org/wiki/Emergencies_Act [2] https://www.youtube.com/watch?v=-iPsgfuum2c

So what do you call closing people bank accounts because they donated 50$ to a protest? https://www.dailymail.co.uk/news/article-10535361/Canadian-M...

After reading that piece I'd call it an unconfirmed claim. Has anyone else affected come forward?

Re: I was wrong, we need crypto

#173

Earlier quoted context omitted.

No he didn't either way, because that's not what the Emergencies Act is or does. [1, 2] [1] https://en.wikipedia.org/wiki/Emergencies_Act [2] https://www.youtube.com/watch?v=-iPsgfuum2c

So what do you call closing people bank accounts because they donated 50$ to a protest? https://www.dailymail.co.uk/news/article-10535361/Canadian-M...

Not martial law.

Re: I was wrong, we need crypto

#174
post #55

The problem with cryptocurrencies is not the _idea_ per se, it's that every current and proposed implementation is deeply flawed and utterly fails to deliver on what it promises, to the point that crypto mostly stands afloat only as a mean to enable economical speculation and to facilitate unregulated and illegal transactions. I also agree with the idea that teleportation and faster-than-light travel would be extreme…

The second problem is some of the smartest people in the world rather point out its flaws than recognise the potential and help fix the flaws

"You're too negative, stop telling people that they can't jump off their roof and fly and start being helpful and figuring out how to solve the problem."

Honestly we have way too much of this going on in our society. Management with delusional ideas about how to run a company is often spouting more or less this exact same line. Not everything you can dream of is possible in reality.

Re: I was wrong, we need crypto

#175
post #68

Earlier quoted context omitted.

Uniswap is algorithmic liquidity. It doesn't "follow" anybody. It is true that the exchanges have more volume, but that is not necessarily 'real' volume. The operating model of a centralized exchange is that they get paid to both provide and consume liquidity, so much of the volume is their own. On Uniswap, there is no privileged entity, so everybody pays to consume liquidity. This is a huge damper on volumes. Note t…

It doesn't "follow" anybody. The uniswap "algorithm" has no other choice but to follow the "market". Otherwise, it would do no trades. Binance's trading volume is 40-50 times that of uniswap. What Binance does affects the price on uniswap --- way more than the other way around. If Binance mints USDT and uses it to buy lots of BTC, what happens to the price of BTC on uniswap? Once the price on uniswap and other exchan…

Unless I misunderstand you, I think you need to look into the “automatic market maker” concept. Their paper is the best source to cut through the chatter: https://uniswap.org/whitepaper.pdf

Re: I was wrong, we need crypto

#176

Earlier quoted context omitted.

So what do you call closing people bank accounts because they donated 50$ to a protest? https://www.dailymail.co.uk/news/article-10535361/Canadian-M...

Not to a protest, to an unlawful occupation of the capital. I'm 100% behind that. I'm sorry. And so are over 2/3 of Canadians. Play stupid games, win stupid prizes. [edit] I would be just as glib about someone who donated $50 to Hezbollah and got their accounts shut down. [edit2] Trudeau has a minority government, and minority governments both require another party to prop them up - and have an average tenure of 1 ye…

> I would be just as glib about someone who donated $50 to Hezbollah and got their accounts shut down.

When the truckers start lobbing rockets into population zones, this comparison might be reasonable. The increasingly common habit of comparing everyone with Wrong Political Opinions to terrorists does not sit well with me.

Re: I was wrong, we need crypto

#177

Canadians have a right to protest. Canadians also have a right to the enjoyment of their property. The former does not override the latter, and the latter was severely infringed upon by the occupiers. These protests caused hundreds of millions of dollars worth of damage. There is a $300M lawsuit against the occupiers in Ottawa, similar ones will happen against the occupiers of the Ambassador bridge. The bank accounts…

Weird, I missed the mechanism that involved violations of law, trials, and due process. Did you forget to put that in your list?

Re: I was wrong, we need crypto

#178

Earlier quoted context omitted.

> Wow that's a really interesting fact about North Korea that has absolutely and unequivocally nothing to do with Canada. Except it's all the same everywhere. Maybe you habe never been out of your well so you don't know. Just so you know, free speech is protected right as per the North Korean constitution... except in practice, it's just like Canada. > Consider than rather than being silenced, people may just not agr…

> Except it's all the same everywhere. Maybe you habe never been out of your well so you don't know. Just so you know, free speech is protected right as per the North Korean constitution... except in practice, it's just like Canada. I grew up all over the world, including having lived in the US, Canada, KSA, and plenty of other places. I've also traveled to 50 countries or so. I strongly suspect I have seen more of t…

> I can tell you that you are unequivocally wrong if you think that NK is anything like CA. It's a fun narrative of the uninformed.

Also real democracies have real elections and real candidates and peaceful changes of power between politicians.

The DPRK, Russia, PRC, Venezuela all claim to be democracies -- but really they use assassination and imprisonment to quash dissent.

If the truckers wanted to protest with signs and march up and down sidewalks, or strike against carrying transport, those are all legal things they can do. But they can't block commerce...

Re: I was wrong, we need crypto

#179

Earlier quoted context omitted.

Not to a protest, to an unlawful occupation of the capital. I'm 100% behind that. I'm sorry. And so are over 2/3 of Canadians. Play stupid games, win stupid prizes. [edit] I would be just as glib about someone who donated $50 to Hezbollah and got their accounts shut down. [edit2] Trudeau has a minority government, and minority governments both require another party to prop them up - and have an average tenure of 1 ye…

> I would be just as glib about someone who donated $50 to Hezbollah and got their accounts shut down. When the truckers start lobbing rockets into population zones, this comparison might be reasonable. The increasingly common habit of comparing everyone with Wrong Political Opinions to terrorists does not sit well with me.

I'm not - I'm saying that contributing to an unlawful activity after being warned not to, very publicly ("playing stupid games") is subject to winning stupid prizes.

Re: I was wrong, we need crypto

#180

Earlier quoted context omitted.

This is a really lazy whataboutism. Let's assume that both the blm protests and the convoy both had "a few idiots or provocateurs in a sea of tens of thousands." Now compare the media coverage and government handling of the two things, and compare how those idiots are portrayed compared to the tens of thousands. Do you see a difference? It seems to me that all blm-related events are generally considered peaceful prot…

> Did any blm related entity have their bank accounts frozen? Yes. https://nypost.com/2022/02/17/amazon-suspends-black-lives-ma...

Not even comparable example. That is a really sad contribution. Very misleading
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