explodicle

explodicle, 2 years ago

Death in childbirth because human heads are enormous?

explodicle, 2 years ago

I STILL don’t buy Sony shit because of that. They booby trapped their product and idiots still buy it. There are plenty of competitors who don’t do that.

explodicle, 2 years ago

You’re not wrong, but there were definitely people who spent tons of time listening to music at the record store.

explodicle, 2 years ago

Certainly not singular, but it’s very difficult to get away with this undetected because the end user gets physical access to the hardware.

explodicle, 2 years ago

Huh, all this time I assumed they got gas from dead people’s cars, but I just looked it up and that only lasts 6 months.

explodicle, 2 years ago

Wealth inequality went bonkers after we switched from deflationary to inflationary

explodicle, 2 years ago

Bitcoin doesn’t make it OK to get paid just for owning something, it’s just less capitalist than dollars. Miner profits tend towards zero with difficulty adjustment, and Bitcoin doesn’t pay to stake holders at all.

explodicle, 2 years ago

It’s why we moved to a credit-based economy.

explodicle, 2 years ago

I think in this case the distinction between getting a reward and getting paid is important. Bitcoin just appreciates in value with the rest of the economy - you don’t get paid a higher percentage of all bitcoins from saving them - like you do from staking, or holding dollar bonds.

My criticism here is against capitalism, not against Bitcoin. Bitcoin’s best feature is that it minimizes profits, and inequality caused by the Cantillon effect.