314 karma · joined February 6, 2019
[ my public key: https://keybase.io/mbarkhau; my proof: https://keybase.io/mbarkhau/sigs/zqLAR3WN4NphbN28dV84wSpaCX4N2BJEFr7ZTVFnnWg ]
Is it not the case, that they have declared their intent to commit crimes and it is perfectly plausible that they would?
The explanation is: When the quantity of money is expanded, prices don't all rise equally fast. There is a lag for certain adjustments, depending on how often a price is renegotiated and how distant the parties are from the financial system.
1. Have children and treat them well. 2. Save and invest, so capital is available for the few children of the next generation to work with.
As long as millennials are doing option 2. there isn't a problem. If they rely on the pension system, then that would be a problem.
Violations of private property are primarily done through the state, which socializes costs and thereby both reduces incentives for responsible behaviour and increases incentives to be dependent and irresponsible. Less wealth is created, more wealth is squandered.
Many who raise democracy to an practically religious status also contribute to this decline, as it overshadows much more important cultural values, such as free and open public discourse, decentralized / local governance and of course private property. It's almost as if, as long as you're in the majority, anything goes, perverse incentives be damned.
I think it's more like, we're both in a corner store and while many men can't afford something to eat, though it's right in front of them; women won't stop looking before they find Caviar and a bottle of Champaign.
In the CoSC there are side channels (one for each participant), via which they can signal their desire to speak. Once the current speaker has finished, the participants who desire to speak can negotiate the next turn (e.g. by a rule that the person who has talked least may go first). This way, constant collisions on the main audio bus can be avoided.
Motte: We got more energy out than we put in. Bailey: Oh, what we really meant is, more energy was produced, than was put into the plasma, though we didn't actually capture any energy and also, there was actually a great deal of energy also needed to run all the ancillary systems to keep the plasma confined.
How close is nuclear fusion power? https://www.youtube.com/watch?v=LJ4W1g-6JiY
https://consultingbyrpm.com/blog/2014/03/on-bitcoin-and-ludw...
I'd say there's still quite some room left here for authoring tools, but excalidraw + vim is the best I have atm.