There has been a definite shift to the fringe. Both in the plutocratic direction, with the one-dollar-one-vote philosophy, and also in just a general nutcase direction (see the NRA).
590 karma · joined June 19, 2017
There has been a definite shift to the fringe. Both in the plutocratic direction, with the one-dollar-one-vote philosophy, and also in just a general nutcase direction (see the NRA).
Also, it's not the general rule, most articles I see use 'administration'.
And I don't think it's the media who has a leftward bias, rather the Republican Party has moved way way out on the fringe. If you look globally, the average Democratic office holder would be a right wing politician in most other countries.
With gold bars at the very least you have in your hands a concentrated lump of actual material that will survive a power outage or a lost password or something.
But of course that whole process is as absurd as you point out today because gold holds residual value from when it actually was a convenient universally recognized store of value.
Regarding this:
>Actually most of the energy comes from renewable sources, which would be wasted otherwise. The Bitcoin mining industry is so competitive, it wouldn't be profitable otherwise.
Geothermal energy isn't renewable unless it's used sparingly. Hydro-power requires huge sacrifices of land, usually fertile valleys, in the reservoir lakes. Windmills are loud, huge and ugly. Power lines require sacrifices of land. And everything needs to be produced, with the environmental impact that brings.
I'm not saying renewables are bad, they're not, but they are not so pristine that using them for bitcoins isn't a sad thing.
Anything that can be called mainstream media is (as a whole) none of those things.
Besides that, the term Mainstream Media is now so politicized that it's almost unusable in conversation.
People spend a ton of energy (that could otherwise to actual useful things) on shifting around bits that they then claim are very valuable.
You could make a similar claim about fiat money except that actually makes commerce easier. Bitcoin is not a good way to transfer value since like you said it's too volatile for a currency.
So it's built on nothing, it does nothing and underpins nothing, it wastes huge amounts of otherwise useful energy and that makes it a good investment?
Maybe I'm just too dumb to see the genius of it.
[1] https://www.economist.com/united-states/2018/12/13/michael-c...
[1] https://en.wikipedia.org/wiki/Military_budget_of_the_United_...
Ironically I could not find this link via DDG, but it was the first hit on Google.
But governments should be about stability, resilience and steady progress, and not optimizing for superb efficiency at the cost of being extremely unstable.
Edit: Also to be clear, the dictator in question would be a fairy tale person. As such we could add a requirement for dragons, that would be cool.
"Sure I can do this in 3 weeks."
Then shows up once every two weeks and finishes around the four month mark.
Not true at all. No one except the DoJ and probably white house have seen the Mueller report. They do all they can to prevent people from seeing this supposedly exonerating report.
Well, I guess consideration for anything except mission results is too much to ask of an organization like a military...
At least that should slightly decrease the concentration of any single material when large quantities of bullets pile up.
But I know, things are not all bad. I'm only a bit saddened by the disappearance of the reliable deterministic haptic-only control that older phones had.
And even the case you linked to, very wealthy people are much less likely to be charged with these kinds of crime as well.
And the problem with immense wealth is not raising inflation or anything like that, that is market stuff that will correct itself. The problem is buying your way into policy control, and people/corporations that are so powerful that not even the law dares touch them.
Edit: I guess I should have known mentioning wealth tax would get people nervous. But this is not about taxing your old grandma for her paid-off house. This is about small but increasing percentage, starting at maybe $1M-10M and really kicking in at $1B and above. You can then abolish dividend taxing (that's only fair) and perhaps income tax altogether.