Magnusmaster

Reddit shouldn't even try to go IPO. It's basically a collection of forums. They should be a private company that makes a small profit hosting the forums instead of trying to be like Facebook

Both. Lots of people live from welfare or cushy government jobs where nobody does any work. And lots of politicians give money or food to win elections.

In Argentina Wikipedia is notorious for parroting Kirchnerist propaganda. There are people whose entire job is to make sure every topic related to Argentinian politics follows Kirchner's narrative

Poor people want free money and will never learn any lesson. They just vote Peronism no matter what, because it's a religion to them

Taxes in Argentina are insane. If you have a 1000 USD monthly salary you will be taxed in the same way as a billionaire: you have to pay a third of your income and 3% of your total wealth (that is, everything you own) each year. And you can't even deduct most debts from the 3% tax. And you get nothing in exchange, because all the money goes to the politicians' pockets and a welfare state that literally hands out money to millions of people who refuse to work

I live in Argentina where the government took over pensioner funds and gave away millions of pensions to people who have never worked in a formal job, and therefore never put a penny into a pension fund. The result is that almost every pensioner earns peanuts regardless of how much they worked or how much they gave to the pension fund, and almost every pensioner earns half the poverty line basket.

Guaranteeing financial security to anyone is impossible.

Vale looks very interesting and I hope it takes off

Even in those cases you can use dollars and trust the US government

The service is worthless if you can trust a central authority like a government that 99.99% of people do.

I don't understand the "nothing at stake" problem. Can't it be solved by just not allowing people to withdraw the coins they have staked?

The world isn't rushing towards electric cars. USA, Europe and China are. The rest of the world isn't switching to electric any time soon, because electric cars are expensive and billions need to be invested in infrastructure to make them viable.

After seeing what passes for "art" at MoMA, I wouldn't be surprised if a painting made by a neural network today were sold higher than a human-made one at an auction.

The problem is that if you breed people like animals, you will end up treating people like animals, especially those that don't have the traits people want. With embryo selection people can decide which individuals deserve life and which don't. Hitler was a monster, but since embryos don't suffer it's OK to kill them (never mind the fact that you are deciding whether another person deserves to live or not), and everyone likes abortion nowadays. CRISPR won't change the fact that a person born with low IQ is doomed, which means that anyone living today will be obsolete as soon as people start to breed people.

When Jefferson was alive the consensus was that black people did not have enough intelligence to coexist with white people unless they were segregated. Equality of rights at the time only applied to white people (and even then to British whites) and only was only extended to blacks in practice due to the assumption that they have the same intelligence as whites. While I think that all people should have equal rights, in practice only people with high enough intelligence will be born, let alone have equal rights, once embryo selection and genetic engineering are the norm, unless we find some sort of black magic that can boost intelligence of adult humans to the same IQ GMO people have.

Not only that, it also means people will likely try to "solve" poverty in Africa and elsewhere by getting rid of the natives and populate it with higher IQ people, as eugenecists were proposing right after Darwin came up with his theory of evolution.

People will value more a life of a human than one of a chimp, and chimps only survive on natural reserves or zoos. That's the fate people who aren't genetically engineered to be smart will face, if they survive.