nthingtohide

> Kessler Syndrome is a hypothetical scenario, proposed by NASA scientist Donald Kessler in 1978, where a chain reaction of collisions between space debris and satellites leads to a catastrophic increase in debris, potentially rendering Earth's orbit unusable. This increase in debris would make space travel and communication more dangerous and difficult.

Can countries actively plan strategies to use Kessler Syndrome to their advantage? Can Starlink satellites be destroyed easily by this method since they are present in the same orbit?

Comment · 1 year ago

I have question. If new value is produced in the system (say an iphone or google search), isn't it ok to produce more dollars to represent that value, which is also the reason why people didn't care for decades, because the system was working.

Comment · 1 year ago

Good points. I stand corrected.

Comment · 1 year ago

Do you want to measure antirez and AI on a spider diagram, generally used to evaluate employee? Are you ignoring why society opted for division of work and specialization?

Comment · 1 year ago

As long as US Dollar supply was increasing at the rate of 2% per year (I don't know the exact rate but some predictable small rate) which is commensurate with Gold supply increase, everything was ok with the world, nobody cared whether it was USD or Gold. It is only when US started abusing this privilege that system started breaking.

Comment · 1 year ago

here's a counterpoint.

https://en.wikipedia.org/wiki/Lords_of_Finance

> One of the main themes of the book is the role played by the central bankers' insistence to adhere to the gold standard "even in the face of total catastrophe."[1] As Joe Nocera, a book reviewer at the New York Times, stated, "the central bankers were prisoners of the economic orthodoxy of their time: the powerful belief that sound monetary policy had to revolve around the gold standard...Again and again, this straitjacket caused the central bankers — especially Norman, gold’s most fervent advocate — to make moves, like raising interest rates, that would allow their countries to hold on to their dwindling gold supplies, even though the larger economy desperately needed help in the form of lower interest rates."

Comment · 1 year ago

The problem isn't being wrong one time. But being wrong time and again and that too intentionally. When your job depends on not understanding...you won't understand.

Comment · 1 year ago

This is why Institutions are important. They should be truthful and unbiased and undogmatic. But given intentional pollution of information environment. The same lessons being learnt again and again. New generations growing up and trying to navigate this new polluted environment, all of this is taking a toll. Hence delulu is the solulu.

Comment · 1 year ago

The Who Cares Inception.

> As Elon Musk's DOGE rats gnaw their way through federal agencies, not caring is their guiding light.

He wouldn't have used this wording if he had actually spent sometime on understanding how wasteful the previous governments have been. So in a sense, Elon was correcting the previous Who Cares mistakes and not actually committing new Who Cares mistakes. This shows that even Dan doesn't care enough to ground his opinions in facts.