620 karma · joined January 15, 2015
The only exception would be the hypnogogic state when I have visual imagery but I'm not entirely present to process it.
I would say that we can dream about most things but there are a few obvious limits as there are types of thoughts that will make you wake up:
* Reading is difficult and typically books in dreams don't have words in them.
* "Pushing" (there is no good word for this) the direction of a dream in a particular way too hard will wake you up. It has to be done very gently.
* Abstract reasoning / logic is difficult in dreams, it causes you to concentrate too hard and then you wake up.
In general the limits are to do with the two dominant modes of thought: spontaneous unquestioning creation of ideas is very compatible with dreaming and you can float easily between multiple "perspectives" or versions without any problem. Analytical / questioning / critical thinking is incompatible with dreaming and causes you to wake up. Lucid dreaming is typically learning how to float in the sweet spot between the two modes.
I ask because I'm unfamiliar with the basic curriculum in economics, although in the sciences some of the early concepts that we are taught include:
* Correlation is not causation
* Confirmation bias should be overcome by posing relevant testable questions rather than relying on anecdotes.
Bitcoin may be a scam on so e level, but it is not a Ponzi scheme. The linked article seems to miss the most important property of such a scheme:
Incoming capital is misrepresented as returns and passed back to investors. Bitcoin does not pay dividends. There are no returns in Bitcoin, only pure capital speculation. As there are no returns, there is no misrepresentation of capital inflow as returns and no Ponzi scheme.
Bitcoin is more like a tulip...
To do this correctly requires:
* performing the calculation with a higher degree of accuracy (and precision).
* comparing the two approaches against the reference results.
To do this you should look into either writing a simulation of ieee with a larger mantissa or using an arbitrary precision library.
The intro paragraph is enough for you to get their point.
A better analogy to understand why short interest can rise above 100% is fractional reserve lending and the effect that it has on money supply.
Go ahead and explain how that is stealing?
It's not really that simple. There is a different breakdown when you look at individual vs global costs. There is a cost to an individual for storing gold - e.g. building a vault, hiring a guard etc. This cost was the original incentive scheme behind the early banks - if we pool our gold storage then we can pool our security costs. Beyond that individual cost there is no additional global cost for storage.
Bitcoin is free to store for an individual. Once funds are stored at an address in the blockchain they will stay there. Although the global cost is huge it is invisible at the individual level - nobody needs to participate in mining the chain to hold bitcoin.
History suggests that individuals favor situations where the costs have been socialized and are not visible at the individual level.