So we have no benefit of "open access to the mechanism" but with the deleterious effect of the "temporary (1/5 of a long human life) monopoly".
286 karma · joined March 8, 2012
So we have no benefit of "open access to the mechanism" but with the deleterious effect of the "temporary (1/5 of a long human life) monopoly".
No one needs incentive to spend. You will spend if you have plenty to spend. Having a currency which gains in value will take you there.
That most people prefer the same thing, does not make value objective.
If it did, Bitcoin would also have "objective value" from its scarcity, difficulty of confiscation, ease of move between borders, and many other properties which are preferred by most.
For me, Bitcoin has value because it can't be inflated, and I can carry it on my head over any country's frontier without governments harassing me because of it.
Sure, Bitcoin is a means to an end, I can only "use" it by exchanging it for something else, but so is any other currency.
But I'm asking in the case of naked short, which is what is being defended as "superior system" in this thread.
Would the previous majority shareholder group lose their majority even if they had sold no shares?
Or would the new majority shareholders have no decision making power even though they have more "shares"?
It is understandable that having an model of an observer can be useful to a brain.
But how/why does that opens a window to an actual observer, and not just a model, is the question.
And we only know that - an actual observer exists - through first hand experience. It is our most immediate and certain knowledge (Cogito, ergo sum), everything else can be questioned. Yet, there's nothing in physics or computer science that gives a hint to this being the case.
There's no need for such subject to exist.
For example, most people assume that, so far, computers do not have any inner experience.
A computer could, conceivably, execute the same functions as our brain, yet have no inner experience of anything. Numbers get in, numbers get out, without any inner experience being needed.
I am anarcho-capitalist, and I have no trouble being absolutist about freedom of speech inside one's own property.
So there's that.
I'm pretty sure you are able to interpret it as not allowing even in the worst and most extreme cases, you just don't want to. There's no need for an argument from authority.
Maybe when it becomes a champion on that, removing barriers of entry, protectionism, subsidies and it's public companies monopolies, then it can be a fair judge on this issue.
And with how unusual the whole 'suicide' was, accepting the official story at face value is arguably lazier than suspecting it.
It should not matter what austrians feel about central banking.
This is a testable claim, and you can bother to observe, experiment and test this claim. Austrians should accept they are wrong if you can empirically prove that humans behavior is predictable.
But if this claim is correct, there's no reason for you to do empirical economic observations to prove or disprove economic laws. Any empirical conclusion will have no predictive power as a law, only as a trend.
Not only that, but any logical consequence of human behavior being purposeful and unpredictable is as correct as the original claim.
Is anything here that I am missing?
Any of the three, it will go back to the market and result in inflation.
I am pretty confident that people will take stupid risks, as I am confident that people who want to be safe - buying from reputable sources - will be able to.
I'm not sure how you are able to the opposite conclusion.
All I am arguing is that if you prosecute people from selling drugs, or make more regulations, fewer people will sell drugs - at a higher price.
It shouldn't matter people are cunts, if they have competition they will have to provide better satisfaction.
As of now, american people are prohibited from importing drugs, and that's exactly what utter cunts lobby and fight for.
If people weren't prohibited from buying whatever the drug they want at their own risk, they wouldn't be forced to monopoly prices.
Anarcho-capitalism is not a type of the former, but it is a type of the later.
It's based on property rights and the non aggression principle.
Is it a fundamental or emergent property of the universe?
What is the smallest/biggest structure possible for a consciousness to happen? (we should be able to tell what is conscious and what is not)
Can/do laws of physics account for it? (consciousness is not a necessary thing in physics, we are all p-zombies for physics laws, but for some reason it is able to affect the causal chain, as we are talking about it)