51–60 of 122 posts
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Calling out fraudsters also gets you attacked and harassed and there is essentially nothing you can do to stop it.
Generally you only get attacked by those fraudsters.
If Craig is Satoshi, then the article and these comments on it, read very differently.
Pretending to be vastly richer than you really are happens to be the first step in a large number of confidence games. In case anyone wonders why someone would want to pretend they're Satoshi.
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This is a feature, not a bug. Healthy communities are comprised of people who are trusting and permissive by default. The cost is that on occasion these communities will be exploited. Personally I think it's a very low price to pay for all its benefits.
> This is a feature, not a bug....Healthy communities are comprised of people who are trusting and permissive by default. It's entirely possible to find a happy medium. You can be trusting without being totally naive about individuals with bad intentions.
The goal really is to let everyone be safe in trusting others to the point of naivete, because trust is that huge of an efficiency hack.
(I mean, think of the ridiculous amounts of energy Bitcoin wastes with its proof-of-work scheme, precisely because it tries to replace trust with computation. This energy is what trust saves you.)
The amazing things is that this guy -- an obvious fraud and conman -- has been invited to numerous high-level Bitcoin/Blockchain conferences as a speaker. It always stuns me how relatively few people are able to spot frauds (although it explains a lot about our current political situation). I'm guessing 40-50% of the population is susceptible to this kind of trickery.
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Part of it has been the tribalism of him going against the obvious weasels that ousted the original Bitcoin team to keep the blocksize low, the transaction fees high and get VC funding for their company that they would market by saying it was the 'people that were in charge of bitcoin' Some of the people who hated those weasels decided that Craig Wright must be great since he says he is against the same people. Inste…
> Some of the people who hated those weasels decided that Craig Wright must be great since he says he is against the same people. Instead of everyone rolling their eyes and fighting an OBVIOUS con man interested in VC funding and patents some people thought everyone calling him a con man must be on the 'other side'. That's an interesting summary of the situation, with parallels again to our current political situatio…
"Politics is an extension of war by other means. Arguments are soldiers. Once you know which side you’re on, you must support all arguments of that side, and attack all arguments that appear to favor the enemy side; otherwise it’s like stabbing your soldiers in the back—providing aid and comfort to the enemy. People who would be level-headed about evenhandedly weighing all sides of an issue in their professional life as scientists, can suddenly turn into slogan-chanting zombies when there’s a Blue or Green position on an issue."
From: https://www.lesswrong.com/posts/9weLK2AJ9JEt2Tt8f/politics-i....
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> This is a feature, not a bug....Healthy communities are comprised of people who are trusting and permissive by default. It's entirely possible to find a happy medium. You can be trusting without being totally naive about individuals with bad intentions.
It really isn't, per what 'pdpi wrote. What we should do is being maximally trusting (to reap the efficiency benefits), and punish hard anyone trying to take advantage of it, way out of proportion compared to the magnitude of the violation, in order to discourage people from abusing the trust of others. The goal really is to let everyone be safe in trusting others to the point of naivete, because trust is that huge o…
I went to a three storey old factory turned into an antiques store. 150 000 square feet. Three floors of booths of all kinds of stuff. Coins, cards, collectibles, toys, furniture, everything. The whole place had maybe five visible employees. It was all consignment. You'd pick up $300 worth of nicknacks from the top floor and walk it down to the first floor to buy. It's incredibly easy to steal from if you wanted.
So what I see are hundreds of individual vendors that don't need to be at their booth because of the trust between vendors, the managers, and the public.
If we were part of a culture where theft was all but guaranteed, that store just wouldn't be able to exist.
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It amazes me that a percentage of your percentage does so because to call out liars would be impolite and lead to discomfort.
Calling out fraudsters also gets you attacked and harassed and there is essentially nothing you can do to stop it.
Being sued for libel in the UK is no joke.
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This is a feature, not a bug. Healthy communities are comprised of people who are trusting and permissive by default. The cost is that on occasion these communities will be exploited. Personally I think it's a very low price to pay for all its benefits.
This is a great interactive demonstration of this - "The Evolution of Trust": https://ncase.me/trust/ It takes about 20 minutes or so to go through, but I highly, highly recommend it for anyone that hasn't already seen it.
The amazing things is that this guy -- an obvious fraud and conman -- has been invited to numerous high-level Bitcoin/Blockchain conferences as a speaker. It always stuns me how relatively few people are able to spot frauds (although it explains a lot about our current political situation). I'm guessing 40-50% of the population is susceptible to this kind of trickery.
This is a feature, not a bug. Healthy communities are comprised of people who are trusting and permissive by default. The cost is that on occasion these communities will be exploited. Personally I think it's a very low price to pay for all its benefits.