felipeko
Joined 14 years ago
Joined 14 years ago
No one needs incentive to spend. You will spend if you have plenty to spend. Having a currency which gains in value will take you there.
That most people prefer the same thing, does not make value objective.
If it did, Bitcoin would also have "objective value" from its scarcity, difficulty of confiscation, ease of move between borders, and many other properties which are preferred by most.
For me, Bitcoin has value because it can't be inflated, and I can carry it on my head over any country's frontier without governments harassing me because of it.
Sure, Bitcoin is a means to an end, I can only "use" it by exchanging it for something else, but so is any other currency.
But I'm asking in the case of naked short, which is what is being defended as "superior system" in this thread.
Would the previous majority shareholder group lose their majority even if they had sold no shares?
Or would the new majority shareholders have no decision making power even though they have more "shares"?
It is understandable that having an model of an observer can be useful to a brain.
But how/why does that opens a window to an actual observer, and not just a model, is the question.
And we only know that - an actual observer exists - through first hand experience. It is our most immediate and certain knowledge (Cogito, ergo sum), everything else can be questioned. Yet, there's nothing in physics or computer science that gives a hint to this being the case.
There's no need for such subject to exist.
For example, most people assume that, so far, computers do not have any inner experience.
A computer could, conceivably, execute the same functions as our brain, yet have no inner experience of anything. Numbers get in, numbers get out, without any inner experience being needed.
I am anarcho-capitalist, and I have no trouble being absolutist about freedom of speech inside one's own property.
So there's that.
I'm pretty sure you are able to interpret it as not allowing even in the worst and most extreme cases, you just don't want to. There's no need for an argument from authority.
Maybe when it becomes a champion on that, removing barriers of entry, protectionism, subsidies and it's public companies monopolies, then it can be a fair judge on this issue.
So we have no benefit of "open access to the mechanism" but with the deleterious effect of the "temporary (1/5 of a long human life) monopoly".