666 karma · joined May 11, 2018
the article advocates for bringing housing planning under state jurisdiction:
>The hypocrisy itself is galling, if informative. Andreessen might well support legislation upzoning neighborhoods across California. This macro-micro disconnect should push policy makers to grasp that they cannot reason with NIMBYs on a project-by-project basis. They have to eliminate NIMBYism’s veto power by moving decision-making to the state level.
>The development of the Lightning Network may have consequences for welfare. First, as Bitcoin becomes a more efficient payments system, users are better off. Their transactions settle more quickly and more cheaply (Zimmerman (2020)). Second, since fewer transactions need to be recorded on the blockchain, less memory and energy are needed to run a Bitcoin node. This saving lowers the cost of maintaining the blockchain, allowing more nodes to participate and making the system more secure against a double-spending attack (Budish (2018)). Third, by reducing fees, the LN reduces the incentive for Bitcoin miners to use large amounts of computing power, meaning less energy use and positive consequences for the environment.5 Fourth, less blockchain congestion may mean lower barriers to arbitrage across cryptocurrency exchanges, thereby improving market liquidity (see Hautsch, Scheuch, and Voigt (2018)).
>While this paper focuses on Bitcoin, the same technology can allow other cryptocurrencies to be widely used, secure, and decentralized. For example, the Raiden Network is a similar netting solution for Ethereum. Other solutions to the scalability problem have been proposed, including sharding, and batching at exchange level.6 If the scalability problem can be successfully addressed, it may be possible for a currency based on a permissionless blockchain to obtain wide acceptance.
very cool to see this coming from the Federal Reserve Bank of Cleveland
i spat out my drink reading this
>In recent years, ETIM has set up bases outside China to train terrorists and has dispatched its members to China to plot and execute terrorist acts including bombing buses, cinemas, department stores, markets and hotels. ETIM has also undertaken assassinations and arson attacks and has carried out terrorist attacks against Chinese targets abroad. Among the violent acts committed by ETIM members were the blowing up of the warehouse of the Urumqi Train Station on 23 May 1998, the armed looting of 247,000 RMB Yuan in Urumqi on 4 February 1999, an explosion in Hetian City, Xinjiang, on 25 March 1999 and violent resistance against arrest in Xinhe County, Xinjiang, on 18 June 1999. These incidents resulted in the deaths of 140 people and injuries to 371.
https://www.un.org/securitycouncil/sanctions/1267/aq_sanctio...
so, i guess democracy would have been achieved. or at least a relative increase in democratic control
ah screw it. these guys suck, keep ripping on 'em.
https://uselessetymology.com/2019/11/07/the-origins-of-the-p...
lol
The irony is nearly overwhelming.
P.S. He linked to a twitter thread that proffered all of Blinken's remarks on Tapper's program.
Never fails to make me smile watching capitalists advocate for planned economies :)
Which company are we talking about again?
This is hardly a solution, it just spreads the pain around. A solution would be a democratically planned organization, or group thereof, which is responsible to all shareholders including users, employees, executives, and investors.