140 karma · joined May 28, 2015
If owning & profiting from capital is impossible, what incentive is there to produce capital - it will just get seized. Where's the marketplace for capital, or does the state have a monopsony on capital purchases?
- The thing that they are wasting, capital, was created out of thin air by the act of switching to PoS
- There are large negative externalities to burning power by mining with hashes, which increase the cost to society of using PoW vs. PoS.
- Liquidity and capital-over-time that you have to “burn” (which makes PoS just another type of PoW) is actually capital that was fabricated from thin-air. So while PoS is not less wasteful, the act of switching-to-PoS is a gigantic act of wealth-creation.
- A much bigger point, relevant to the future of humanity on Earth: there are externalities to PoW which makes mining cost more to society than its $ cost to the miners. Instead of lobbying to include those externalities in the mining cost via various pollution taxes, we can sidestep it entirely by doing PoW with something that doesn't do physical damage to the earth: PoS.
(1) Not creepblocking at all, and letting your opponent have your creeps under their tower
(2) Modest creepblocking to punish (1)
(3) Severe creepblocking to punish (2)
Would be better than some hand-trained RL creepblocking which is divorced from game outcomes.
reddit.com/r/Menslib is a good subreddit on these issues
1. Warn them we have nukes
2. Nuke off the coast of a major city so everyone can see what's going on
3. Demand their surrender.
4. Nuke a city if they don't surrender. Wait for them to surrender before continuing...
No transaction costs. Not just the actual monetary cost of the transaction, but no need to employ people to man registers, no need to wait in line to pay. And more subtly, no need to argue with yourself about whether it's worth it to buy the item you are consuming.
Secondly, these perks are bought in bulk and provided without having to pay income tax on them. So it's just cheaper than paying people more and having them buy the goods.
That being said, I do wish there were more healthy options by default.