untakenusername @ untakenusername @sh.itjust.works Posts 0Comments 78Joined 3 wk. ago
At least we don't have karma here, that would make it so much worse
this
The amount of times I've been blocked on the fediverse because I've mentioned that I find the mechanics behind AI interesting, or the math behind crypto, its actually insane. Or anything positive about spacex or the benefits of a free market.
What do you mean? To me the two are synonymous
like Truth social
I'm not saying their policies are any good, but the golden rule still stands, if a Republican who isn't evil is nice to you, it only makes sense to reciprocate that.
What If I gambled some money I made from honest work and won several millions? Who am I exploiting?
How did Linux Torvalds, creator of the Linux kernel, exploit people?
What did Linus Torvalds do?!
they could also make electric cars...
If USD has to deal with massive inflation that would probably cause the price of Bitcoin to increase because its inflation is effectively set in stone
It's not as bad as it sounds imo, but its still not the best. Theoretically, if done correctly, this could work really well. Problem is the sheer amount of speculation the creation of the crypto reserve is gunna cause until its made, because Trump is gunna keep tweeting about it to mess with the price, like he did in early March. Ngl if a different president who didnt make such drastic changes in policy did this over the course of many years, it would probably be fine.
Yeah this could actually work really well ngl. But if the government Bitcoin wallets get hacked...
or we could all just switch away from usd
Oh definitely, memecoins and even more credible coins like Solana, the creators of them always own some vast fraction of the value.
More established stuff like Bitcoin or (maybe) Etherium have more reasonable wealth distributions, but most of the newer coins arent like that.
What gold and Bitcoin have in common is the fact that they both have very low inflation rates. If it wasn't for that, Bitcoin would be close to worthless
that's wonderful /s
I'm not resorting to that. I'm not saying that. I'm saying that the idea that voting Republican is inherently racist, is wrong. This really isn't that complicated.
How so?
Ideally, if one company charged too much for rent, the person living there could move to another place owned by a different company that would charge cheaper rent, in an effort to take business from the first company.
The issue arrives when monopolies control the majority of homes, but those monopolies can be broken much more easily if the cost of buying homes went down (from an increased supply of them) and the barrier to entry of new homeowners who want to rent went down. That would increase competition and would eliminate these monopolies.