hfsp
Joined 5 years ago
Karma
-15
Submissions
71
Member since
Feb 8
Recent submissions
Comment · 5 years ago
Comment · 5 years ago
>Those aren't fuels - those are chemicals found in crude oil.
Methane is an organic fuel. Coal is an organic fuel.
>You don't burn crude oil in power plants.
Diesel is how small island nations in the Carribean or Hawaii get their reliable electricity. Diesel is a heavier form of crude. In case you don't believe me here is a primer: https://www.eia.gov/energyexplained/diesel-fuel/.
>That there are starving people in africa is not a valid argument for Americans to over eat, likewise the lack of cheap reliable alternatives to fossil fuels in the third world is not a reason for the developed world to also keep burning fossil fuels.
>lack of cheap reliable alternatives to fossil fuels in the third world is not a reason for the developed world to also keep burning fossil fuels.
What exactly are you saying? You are depriving the poorest billion people of electricity because of your virtue signaling?? This is inhumane.
"Over eat" - who are you to judge what form of electricity use is moral?
This is insanity on multiple levels.
Comment · 5 years ago
This is a smug take.
Who do you think gets the benefit of the freshly printed fiat?
In the central bank cantiollionaire system, there are three classes of citizens:
1) jamie dimons, warren buffets and the like who get access to practically 0 cost lending rates 2) the ~60% of citizens with assets (e.g. stonks, real estate) that get pumped along with the money printer 3) everyone else
What do you think happens to "third class" citizens?
The rules are NOT the same for everyone under the central banking system.
The rules ARE the same for EVERYONE with BTC.
https://www.newyorkfed.org/medialibrary/media/research/staff...
Comment · 5 years ago
Btc is what it it is because it is NOT centralized.
pos = centralization risk.
pos = shitcoin.
If you want to read in depth: https://voskuil.org/cryptoeconomics/cryptoeconomics.pdf.
Comment · 5 years ago
This is either an uninformed or misleading take.
It isn't necessarily "Africa" or "Americas".
The heuristic is "is my local fiat shitcoin stealing my purchasing power".
Counter to your claim and easily provable with a basic search Nigeria is one of, if not the leading in BTC adoption %.
https://www.msn.com/en-us/money/news/nigeria-is-the-second-l...
https://www.statista.com/statistics/1194735/bitcoin-online-s...
Comment · 5 years ago
BCH is trending to 0 in BTC. How does this solve Venezuelans or Lebanese store of value problem?
Comment · 5 years ago
Let's follow the money.
Said "scientific study" is funded by Wellcome. An arm of WHO, unelected crisis manufacturer supreme. On wellcome's site:
"Reducing meat intake, particularly in the USA where meat consumption is highest, should be a global priority."
Show me the incentives and I'll show you the outcome.
Comment · 5 years ago
There's two underlying issues:
1) Failure of winterization across both wind and organic power sources 2) Unreliable nature of wind
Comment · 5 years ago
>Texas supposedly has about 30 GW of wind power capacity
>In reality solar and wind must be coupled with storage in order to act as reliable baseload generation.
The problem is there is no grid scale storage, and neither ERCOT nor any other organization I know of can will solar nor wind into production.
Completely agree with your assessment.
ERCOT leadership failed.
TX power grid failed.
People died.
Comment · 5 years ago
TheIntercept has fallen mightily from breaking the story on Snowden to filling political hit pieces.
Pretty telling their own founder was ousted last year.
Agreed on the ideological slants.
People were put in harms way.
Comment · 5 years ago
>Less polluting
Are you familiar with the rare earth metal mines, solar, or wind plants in China?
>It should be prioritized over the private gains of fossil fuel executives/employees/lobbyists. Stop playing politics with my power system.
You are playing politics. I just want to not freeze to death during the snowstorm, or fry up in the hot summer.
Unreliable electricity sources such as wind and solar are a recipe for paying more for electricity, and losing power when it is most needed.
Comment · 5 years ago
Have sympathy for yourself.
Please note organic fuels: -provide parts for your computer, smart phone, router -power your home, and office so you can use above -keep you cool in the summer and warm in the winter -transport you on the ground and in the air from A to B -power the agricultural sector so you don't have to grow all your own food
Unlike you, there are a billion people+ on Earth who do not have access to cheap, and reliable energy.
This is peak developed world virtue signaling.
I provided evidence (from NY fed) to your burden of proof request.
All one can ask is to have the same rules for everyone. Equal access. No special privileges.No cantillionaires.
If you are a cantiollionaire - good for you.
If you are not a cantiollionaire, then wtf are you defending a clearly corrupt system that further drives inequality and perpetuates cronyism? Is it because you want to be the person distributing freshly printed fiat?
Assuming your well founded intentions are to make the world less inequal via the money printer, the money printer has been proven to do the exact opposite.
If you want to properly critique btc, you can argue that there is a one time cantillon effect until hyperbitcoinization. Then you can get into the discussion of what happens to the people who don't have any. You could discuss UBI or other social systems.