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Cake day: July 15th, 2024

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  • Well, in the Soviet example everything was government.

    And governments seem to be so excited by the prospects of this “AI” so it’s pretty clear that it’s still their desire most of all.

    EDIT: On telegraph and Panama you are right (btw, it’s bloody weird that where it sounds like canal in my language it’s usually channel in English, but in the particular case of Panama it’s not), but they might perceive this as a similarly important direction. Remember how in 20s and 30s “colonization of space” was dreamed about with new settlements supporting new power bases, mining for resources and growing on Mars and Venus, FTL travel to Sirius, all that. There are some very cool things in Soviet stagnation - those pictures of the future lived longer than in the West against scientific knowledge. So, back to the subject, - “AI” they want to reach is the thing that will allow to generate knowledge and designs like a production line makes chocolate bars. If that is made, the value of intelligent individuals will be tremendously reduced, or so they think. At least of the individuals on the “autistic” side, but not on the “psychopathic” side, because the latter will run things. It’s literally a “quantity vs quality” evolutionary battle inside human kinds of diversity, all the distractions around us and the legal mechanisms being fuzzied and undone also fit here. So - for the record, I think quality is on our side even if I’m distracted right now, and sheer quantity thrown at the task doesn’t solve complexity of such magnitude, it’s a fundamental problem.





  • Exactly, it’s a tool to whitewash decisions. A machine that seemingly does not exactly what it should do. A way to shake off responsibility.

    And that it won’t ever work right is its best trait for this purpose. They’ll be able to blame every transgression or wrong where they are caught on an error in the system, and get away with the rest.

    At least unless it’s legally equated to using Tarot cards for making decisions affecting lives. That should disqualify the fiend further as a completely inadequate human being, not absolve them of responsibility.










  • because, like the paper money, crypto doesn’t have inherent tangible value

    That’s wrong, “owning a number” is tangible value. That’s also why there are no (working) offline cryptocurrencies, double spending is a problem.

    If by “works like the second” you mean that it doesn’t have physical form, then yeah, that’s in the name.

    which, btw, still relied on a very centralized government existing anyway

    A few of them, different ones, each making their own coins. So no.

    because you can’t hold or do anything with 0s and 1s, nor can you physically keep it around.

    Yeah, that’s a problem, but “fucking Chinese coins” in their value also were worth more than the metals they were made from. Sometimes those metals were not very meaningful for Europeans.

    And using a mix of non-uniform coins for transactions was a thing for much of history in Europe too.

    In any case, in absolutes of course nothing is like any other thing. If your argument fits under that, then don’t bother, it’s boring and useless.

    In relatives - you can have a “half-offline” cryptocurrency, where you don’t need all the network (or good enough majority of it) to be accessible, just one partition (or even just portion) of it, to make a transaction. In theory. This can even seem like a “partitioned blockchain”, LOL. A tree of blockchains.

    There are so many cryptocurrencies so honestly I don’t know if such has been made, but it would be useful.



  • Yes, I’ve remembered my old idea of something like an automated digital barter connected to storage space and computation provided on demand for tokens (every provider an issuer), or something else confirmed by escrow or whatever, after learning that in China 200 years ago people used non-uniform money, that is, all kinds of coins, some literally ancient still in circulation, and somehow that worked.

    That wouldn’t be as convenient as uniform money as a universal equivalent, but wouldn’t have that particular kind of problem, which value manipulation via such globally meaningful action. Simply because there’d be no single variable to manipulate.




  • Well, it should have went to some value from no value. So initial volatility was to be expected.

    While the current volatility - I don’t know, I guess it’s because a transaction is expensive and takes some time. If transactions would cost almost nothing and were almost instantaneous, I’d expect the volatility by now to not be very big. And if there were no premined coins, of course.

    And if there were inflation built into the system. BTC proponents boast how it having no such artificial mechanism is good.

    They, 1) don’t understand that having inflation stabilizes a currency, because there’s a stimulus to spend practically and not as part of speculation, 2) don’t understand that what they would want to imitate, gold, has inflation too.

    So - inflation and cheap and fast transactions are what would make BTC less volatile. It would be a less lucrative speculative asset.