I don't believe that is accurate. Beside moons (which don't orbit the sun), Pluto is the largest and closest dwarf planet.
When you have commodity money, the value of the money is derived from the value of the commodity. You don't get to assign arbitrarily higher values to the money because the market determines the value. But yes, all speculative assets typically have a higher extrinsic value compared with their intrinsic value but I don't believe that has anything to do with it being a medium of exchange or not. That is just supply and demand.
Gold is a commodity and you can create a currency that is backed by a commodity so you aren't actually trading the commodity itself.
That is not true, for the vast majority of the history of money it was based on a commodity that was valuable in its own sense. It is only in the last century that we have begun experimenting with currencies that are not pegged to the value of a commodity.
Cryptocurrencies derived their value from being a network of users (metcalfe's law) so they are more like a commodity money. Thing about something like Meta, which has a valuation in the trillions despite its physical assets not be worth nearly that and its functionality as a website being easily replicated on an alternative platform. The users are what is valuable.
It's called accelerationism and it is stupid
Sure, but a lot of people have also 'heard' that mbti is not scientifically valid and go around parroting that without any knowledge of what specifically science says about it.
It is entirely possible that outside of a scientific discipline, mbti works well enough for people to use.
Kind of like how we use the term "meme" and understand what it means but the concept of memes are not used in science because other models of cultural evolution have better explanatory power.
Hmmm anyone remember when Andrew Yang was running for president and said that data was the new oil and that people should own the content they put on social media?
Sure and people who think you can't have monetary policy with crypto are too uninformed to be worth discussing the merits of each system.
I'm sure we can all wax lyrical about what we think money is and lord knows whenever cryptocurrency is brought up the armchair currency experts are always there. So thank you for that!
Its not the same thing, its just incrementally more decentralized than the current system but potentially less so then a proof of work one (and even then only in theory, in practice a lot of POS chains are more decentralized than BTC).
But the most important aspect of crypto is actually not decentralization. Decentralization is necessary but only to a point. What is more important is for the cryptocurrency to be permissionless. In that way, you are correct it is replicating a system we already have... cash. It basically taking the properties of cash and bring that into the digital realm. We lost so much when our money and other assets became digital and that it what crypto is trying to give us back. It crazy to me that people don't want to see that happen and buy into these superficial critiques, which, even if true are just engineering problems that can be overcome.
But I am no stranger to seeing people completely sleep on radical shifts in technology. Hell the fediverse is just like that too and if you leave it for a moment you will see people trashing it in the same way. So whatever, keep your fiat. I hope the future is one where both systems an co-exist.
As opposed to a currency issued and secured by a central bank?
Yes... some with billions of dollars in a crypto has a billion more reasons to want the network secured.
Cybersecurity is definitely in demand in Canada but we are also going through a housing affordability crisis and generally our tech salaries are lower in compared with the US. You would almost certainly be taking a step back in standard of living unless you swing a remote work situation from a US employer.
Great place, went there last year to get some kratom while on a short trip to Vancouver. We ended up having a shot of LSD and then we decided to walk back downtown through Chinatown, unaware until that point that it was Chinese new year. Best day of the whole trip!
Yeah the quality of content has definitely degraded since the API changes and these insular hive minded communities have only become more so, probably because those are the type of people that stayed. And Lemmy just isn't quite there in terms of catering to niche topics that was keeping me on reddit.
When I first joined Reddit I really enjoyed the conversations I had with other people. I don't really care about internet points and I always just sought out people whose opinions are different than my own to get diverse perspectives. In this way, subreddits centered around a particular point of view would guarantee me a conversation that was engaging and perhaps an opportunity to learn something.
But lately I noticed that moderators on that site have been using their bans to simply silence dissenting opinions and control the narrative and looking through moderator code of conduct it seems that the practice is not discouraged at all.
The first ban I ever received on that site was just a few months ago when I wrote just two sentences in response to someone. My post was not offensive in any way and I was writing in good faith. This was also the first time I ever posted on that subreddit. The moderator who permanently banned me claimed I was just to stupid to be allowed to continue posting in their community.
I am certainly capable of profound stupidity but just not the type one could devise in just a few sentences so I suspect that moderator was not being genuine with me.
Since then I have received two more permanent bans for posts which again were made in good faith and not racist, sexist, or displaying any obvious reason to take such a drastic action. Never a warning that I was violating the rules or a even a temporary ban. When I ask the moderator why, I get "muted". A permanent ban should be for obvious trolling, spammers or people who repeatedly violate the subreddit rules. Not for just expressing a different opinion.
I feel like a certain breed of moderator has hijacked most of the subreddits I would have once found interesting to participate in. They come with a mandate to advance a specific agenda and it seems like Reddit's fate has to become just like every other social media website that groups people by their beliefs while re-enforcing and radicalizing them.
Oh and the first moderator that banned me, he is active on the fediverse as well and they have re-created their community on kbin. So I suspect these types of people will eventually control the communities here as well.
And let’s be honest, for mainstream consumers, the Linux desktop and the Fediverse are failures.
My point is that just because something doesn't achieve widespread adoption immediately does not mean it is a failure. I use both Linux desktop and the Fediverse and the fact that they are not in widespread use doesn't rob them of virtue for the people that use them. Technology adoption is a complex thing and its incredibly reductionist to just say "crypto has been around for a decade and a half and you still can't use it for anything therefore its a failure. Our legacy financial system is very entrenched and its not to going to unseated overnight. These things take time.
Ultimately I think it should come down to consumer choice, those that prefer centralized finance should use that and those that are OK with the added overheard of decentralized finance should be able to have that choice. That is why I make the analogy to these other systems. Linux desktop for a long time was harder to use but it was worth it for people whose values aligned with open source software. Crypto has a similar trajectory and faces similar uphill battles including negative attitudes from those using competing systems. But for those who value what it provides, it is worth it.
