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prichino

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You're absolutely right.

I'd argue that to make science what it used to be, one would even have to cut funding.

Scientists used to be aristocrats interested in truth. These days they're just interested in grants.

The problem is when a civilization stops providing ways for its inhabitants to keep winning inside of it, the civilization collapses. In Western civilization, if there is no growth, how will you motivate people to keep working? The only thing left is to steal from the people who already have things.

I apologize for the uncalled snark. My point is that at the end of the day everything valuable at some point came from the land. The Intel factory is just wealth that was extracted and accumulated earlier, it is an actual, valuable asset.

That's the gist of it. If land is so worthless even rich people don't want anything to do with it, why would it make someone poor better off to have it?

The username checks out; where do you think wealth comes from if not land? Paper money in the end is just a representation of claims for assets generated from land. Food, minerals, energy, actual things all come from land.

You cannot eat a metaverse.

The author of trilema.com at some point boasted of having bought a /16 and then renting it out.

Something I don't quite understand is why IPV6 is assumed to be better, if anything sticking to IPV4 will lead to more "selective" use. Actually useful things get an IP, the rest, well, better get more useful? Wishful thinking?

Thank you,

This deflation is bad meme comes straight from the big international bankers of the early 20th century (JPM et al.). They cared mostly about liquidity and stable exchange rates. Unless you are one of them, please stop parroting "would be extremely bad". Would it be different from now? Probably. Extremely bad? For whom?

At least he has opinions. The "everyoness must code" folk sometimes do sound like markov-generated text. Funny that you hold his coding opinions in less respect for what is most decidedly a not coding-related opinion. Substitute coding for "advanced mathematics", "investment banking", "nursing".

Would you lose respect for a professional nurse's nursing opinions if he said learning to nurse is a really dumb thing to do unless you intend to make a career out of it?

Even then this is a strawman, the main use for BTC is not transactions, it is the store of value in front of inflation. Suppose 90% of users saved in BTC and only cashed out once a year, and 10% are frequently using drug dealers (pun intended) that would be a low number of legitimate transactions but BTC itself would be legitimately helping a lot of people.