wils1245
Joined 9 years ago
Joined 9 years ago
Not to say that keeping the lights on can’t be a rewarding problem to work on, good plumbers will take pride in there work and find it interesting. But do you care if your plumbers are passionate about the building they are working on? No.
I think it’s troubling that judges have the ability to hand down sentences far above some established norm, even if those sentences are legal.
The article ignores this benefit entirely, then makes the contradictory points that a) ridesharing apps actually increase traffic, and b) ridesharing apps siphon riders from public traffic.
All in all it’s written from the perspective of someone who hasn’t had to drive much in a high density urban area, where parking is nearly as much of a headache to figure out as traffic.
You are vastly underplaying the amount of power an (unelected) man of Thiel’s wealth and political connections has to shape the direction of our democracy. He wants power, knows perfectly well what he wants to do with it, and cares very little what anyone has to say about it. The only, very limited recourse a citizen has are boycotts and petitions to reduce that power.
Take wash trading. How can you possibly ban wash trading? To do this you need to verify that identity of seller X != identity of seller Y. Even dismissing currencies that actively prohibit this verification (Monero), how do you possibly accomplish this in a decentralized currency?
Even without the identities issue, who is looking at bitcoin governance and thinking that deciding protocol changes with a decentralized electoral system is going to produce anything but gamesmanship and paralysis. Promising newcomer coins Abc will have the same issues once there's real money at stake.
And yes. Manipulation exist in the traditional monetary system. However, regulations raise the cost of manipulation to prohibitively high levels for most people. And yes, congress is dysfunctional. But underneath the chaos we have a set of fairly well established rules, and changing those rules didn't require forking the currency.
The problems with our economic system are political, not technological. What crypto brings to money is superfluous technology and even worse politics than we already have.
If I lived in Mountain View (I used to work there) I’d help myself too.
Even a slight difference in fees is worth thousands in the long run.