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jikachu2

14 karma · joined December 2, 2016

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jikachu2··on Bankrupt Mt. Gox may soon be able to pay its creditors
If you get 1/10th of what you are owed, you will end up far better off than most creditors in bankruptcy cases.
jikachu2··on Tulips, Myths, and Cryptocurrencies
Nothing has inherent utility.

Utility/value is relative - maybe a tulip is worth something to you, but it's not worth anything to me.

jikachu2··on MBAs as CEOs
>Late Capitalism

This is where I stopped listening.

jikachu2··on Bitcoin hits 3-year peak, nears record high on U.S. ETF approval
Of course you're right that I am misusing the word "free." But, I understood OP to be criticizing the deflationary nature of Bitcoin rather than lamenting a personal decision to spend his/her own bitcoin holdings. My point was just that it isn't a bad thing for your money to triple in value.
jikachu2··on Bitcoin hits 3-year peak, nears record high on U.S. ETF approval
I never really understood this perspective. Suppose you had $4,000 worth of bitcoins in 2014 and spent $2,000 on a MacBook, you'd have $2,000 worth of bitcoin left. That $2,000 worth of bitcoin would now be worth more than your original $4,000 and you have a MacBook. If anything, your MacBook was free.
jikachu2··on How Peter Thiel’s Palantir helped expand the NSA’s global spy network
The government asserts its authority over you whether you like it or not. Any association with a private company is voluntary in nature. You can choose not to use that company and take your business to a competitor. It's not that it is necessarily "fine for a private company to do so," just that you have the ability to opt out.