How do you respond to those who say that bitcoin mining consumes too much electricity for example in Ethiopia, it allocates around 30% of the electricity output to bitcoin operations?

"As drones proliferate amongst state militaries, the demand for laser technology increases."

"With the A.I. boom around , companies are now desperately try to market themselves as A.I. friendly as a marketing tactic as they use older version of A.I. technology and not the chatbots which people refer to."

"Economics of warfare: Drone technology." "Drone technology is actually quite old really and there isn't actually a lot of new things associated with it. Much of drone technology was mainly used by others as means of killing individuals and surveillance. The idea of it being used by others as something that is of equivalent to artillery was at the time, an unusual idea, but this is how drones are now being used now in Russia, Ukraine, Syria, Iran and Palestine." "The lethality of such drones as a means of artillery as iran used commerical drones and they turned it into a weapon of war has shown it isn't only used for targetted operations but it is used by others in a wider scale of warfare. But the global reaction of such drones were demonstrated by the azeris after the fall of Armenia when drones were frequently used by the azeris against Armenian soldiers when the Armenians not only lost territory, they lost the supposed 'autonomous' region. Such a military result led to frequent chatter amongst people about the effectiveness of bayraktar drones which turkey has promoted to several militaries including some of the current member of the AES in Africa. But the lethality of these drones were shown again by the ukrainians during the russian-ukraine war, where there is large amounts of drone footage of soldiers being killed, tanks being overwhelmed by drones. And this is why there is a lot of fear around iran's drones which they have in abundance." "But those who aren't aware what threat do drones actually pose in the battlefield and what does this actually mean in terms of economics." "A drone is by definition a remote controlled pilotless flying machine that hovers in the sky. It's a small lethal machine that has been used by others for a range of military uses such as surveillance, reconnaissance, surface to air weaponry, air to surface weaponry, air to air weaponary and part of small level escalation. When taking into consideration of such drones alongside the cheapness of such drones, it is no shocker that that such drones is a shock to the arms market especially if it is manipulated to various uses by others and since they are so cheap to manufacture by others countries find it so easy to manufacture hundreds of drones that are not only easily expendable which the buyers are willing to accept to the extent that they are now seen as the ak-47s of the aircraft industry they are also seen by others as multirole." "Drones have been used by others as part of surveillance but more specifically air to surface surveillance within close altitude airspace in which it monitors artillery, soldier positions and buildings in a vertical fashion." "Technically it has been used by others as air to air surveillance but this isn't often practiced in comparison to air to surface surveillance." "Whilst there are a range of surveillance equipment which several spy agencies use. The comparison to be made in this context is in reference to satellite technology in which satellite technology scans entire geographical areas which obtains much more camera footage in comparison to drone footage." "The weakness of satellite technology in comparison to drone footage is quite simple as apart from the costs, satellite technology despite its precision does not monitor closely of assets in comparison to drones which are more precise since it more close by. Some might dismiss these types of things but various militaries have used inflatable decoy aircrafts which satellite technology finds difficult to detect. Even aircraft surveillance finds it difficult to detect. Although in this case many countries don't see it as necessarily a case of zero-sum game in the sense of choosing one over the other as satellite technology contains navigation systems which are embedded in several drones." "Drones are viewed by others as a substitute to missiles such as cruise missiles, ballistic missiles and air to surface missiles as these drones are remotely controlled projectiles in which the human is able to change the trajectory of the drone with higher variance in comparison to these missiles which it follows a specific trajectory." "Whilst drones are much more slower and it carries less payload in comparison to the average ballistic missile, given its variance of trajectory is considered by others as useful to use but since they are much more smaller in size it means that the cost of intercepting these drones is much more higher than the drone itself." "Drones have been used by others such as members of government who are familiar with their favourite word of escalation. Escalation, escalation, deescalation, escalation, deescalation. This repetition of words is uttered over again in an attempt of them showing a form of communication with the enemy in an attempt of signalling their intent to the other of whether they want to escalate, to deescalate or to deceieve the other into falling for the facade of a supposed negotiation. In this sphere in which various possibilities play out, drones are used by others as part of the escalation game but more specifically low level escalation because of how both the public and the head of government perceive it." "A massive suicide bombing triggers a massive reaction from the public with the fear of who is probably going to do this next time alongside with the government seeking a response which reinforces their narrative as they pin the blame on those associated with the bomber. With drones it is quite different since they are remotely controlled meaning they are perceived as faceless and the government feels more willing to not comment about it. Whilst the damage of drones is not to the extent of other weapons such as nuclear weapons. This is where perception matters." "A country that wants to show teeth whilst avoiding conventional warfare they probably prefer using drones that go over the demarcations of the opposing country. A country that wants to test the lines prefers to use drones as a form of small-level escalation. There, drones are not really a substitute of various military assets such as ballistic missiles despite it being multi-role. It is viewed by others as a complementary weapon in their military arsenal." "What does drones in the battlefield mean in terms of economics. On the micro level, companies find it easier to manufacture these drones meaning the barriers to entry into the military industry reduces as more competitors become participants within the military industry but on a maecro-level given the cost of drones, governments are more inclined to invest in capital goods or dual-use goods and allocate more money towards it meaning although it is unlikely to see money to be hugely allocate away from investing in retail housing market, governments become more inclined in trying to nudge banks or directly invest into these drone programs as the commercial asset and the military asset begin to overlap."

"There are various of financing options which have been deployed in the context of obtaining capital equipment, one such example is hire purchase which is a lease agreement in which you pay for the lease in the form of installments which can be used to purchase the capital equipment."

"Western governments have very few tools in expanding aggregate supply of the economy as much of their concern about their state is about the level of inflation which the masses do not tolerate but since much of western Europe has deindustrilised and has shifted towards financing mainly housing in comparison to machinery and financialisation many governments prefer importing more migrants who are willing to work which does expand the aggregate supply of the economy."

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"One of the basics of economics is the understanding of incentives. The profit motive, the incentive to purchase capital goods, the incentives to purchase consumer goods, the desire to be a monopoly. Without taking into consideration of incentives when pursuing particular economic policies such as industrialisation or financialisation of an economy."

"One of the differences of how Americans obtain tax revenue and how China obtains tax revenue is that america obtains a lot from the incomes of households whilst China obtains a lot of it via VAT and consumption taxes."

"One of the differences of how Americans obtain tax revenue and how China obtains tax revenue is that america obtains a lot from the incomes of households whilst China obtains a lot of it via VAT and consumption taxes."

"I work. Even in leisure, I work."

"One of the consequences of utilitarian philosophers such as Jeremy Bentham and John Stuart Mill was their influence over the western schools of economic thought towards utility. As Mill shifted away from collective happiness towards individual happiness."

"WEIRD NATIONALISM." "Nationalism is commonly understood as an ideology which prioritises citizenship of the nation-state over other things. The consequences of those who believe in this ideology is of racism, ethnic-narcisscism and delusional fantasies. It's important to understand this as it is quite different from the tribalism you hear about when tribalism does actually insist on the importance of lineage. Whilst it is argued that tribalism is compatible with ethnic-nationalism but in the context within the modern era in which liberal governments reject the past and obsess over the supposed progress, such ethnic-solidarity is very rarely evoked especially within atomised society when that society sees itself as not as a collective group but as individuals separated from each other. They bear the similitude to those who shout and scream on top of their lungs about their football club having a pathetic manager. But even those who ferociously defend their artificial asabiyah within the context of football clubs very rarely or do not engage in the self hatred of the nationalist." "Yet the nationalist who claims to emphasies on the supposed superiority of their citizenship, goes around requesting americans toppling someone who has the same ethnicity as him and same nationality as him. You see this behaviour amongst the associates of bolosano in brazil, supposed european nationalists, canadian nationalists, hindu nationalists, korean nationalists and japanese nationalists! Japanese nationalists! In other words, it is inaccurate to describe these people as how philosophers literally understood the definition of nationalism but to understand their beliefs involves being aware that these weird nationalists believes in a synthesis of race-realism, liberalism, feminism and nationalism. If these weird nationalists are heavily associated with women, the more apparent it that these weird nationalists believe in that type of synthesis when the modern woman believes in feminism. And that type of nationalism believed by those type of weird nationalists is where nationalists give in to the demands of feminists and not the other way around. This is apparent in other cases of nationalists who believe in these type of synthesises when the nationalists give in to the demands of non-nationalistic ideologues and this includes supposed race-realist ideologues." "Despite asabiyah being a tendency of the human being which is exploited by nationalists themselves, this type of asabiyah is overwhelmed by ideologies associated with gender polarisation." "As mentioned before there are several cases of weird nationalists. Whilst weird nationalism is combination of nationalism, feminism, liberalism and supposed race-realism. The two types weird nationalists we want to look at are those who believe in a synthesis between feminism and nationalism, those who believe in the synthesis between liberalism and nationalism. The case of the weird nationalist who believes in a synthesis between nationalists and feminism are those nationalists who are heavily associated with women and as you know the average modern woman believes in a form of feminism which either includes first-wave feminism, second-wave feminism or third wave-feminism. These types of weird nationalists are seen amongst nationalists who emphasises their hostility towards immigration where they mainly portray migrants as militarily capable men who have a tendency of raping female nationals of country X riding across the ocean in a boat. References to either women or children in the context of immigration is not noted by these types of nationalists when they know that women are more likely to sympathies with women and children and they believe that they are more likely to hinder their plan of reducing immigration. Whilst feminism which is associated with hostility and fear of men being violent and violating a women, nationalism focuses on rejecting the other but as you are aware of the synthesis, this type of synthesis is not incompatible with feminism. This synthesis doesn't reject the women and children as 'others'. The synthesis is a rejection of nationalism when the the synthesis excludes women and children from being categorised as others." "In the case of those who believe in the synthesis between nationalism and liberalism whilst this isn't exclusive to nationalists when various groups have tried to propose a synthesis of their ideology with liberalism, here we focus on the synthesis of nationalism and liberalism which is the beliefs of people around the global in a world that involves nation-states. This focuses on those weird nationalists outside the western countries when it is apparent that these people are more blunt in their emphasis on their synthesis. If you look at hindutva, persian monarchists and several other third-world nationalists, each of these nationalists engage in a degree of self hatred that you question if they are really nationalists. This confusion is associated with the decision of those nationalists of them believing in a synthesis between liberalism and nationalism which actually implicitly says that white Europeans are better than non-europeans."

"One of the biggest banking clearing systems that are used for payments across borders is swift. Despite it slowness compared to other bank clearing systems including block chain or CHAPS, swift offers banks a perception of reliability and security which many other banking clearing systems don't offer."

"Chinese companies are successful because its protectionist against outsiders but viciously competitive domestically."

"GDP per capita which is boasted by many is actually a flawed measurement of individual incomes within a country as it assumes that GDP is equally distributed within the country."

"Countries that seriously wish to pursue industrialisation do need a reduction or keep levels of consumption low. In order for the country to industrialise, the economy, which is like a dough in which the shape changes as you either nudge it or punch it, needs to focus on allocating the transactions towards capital goods. If consumption is kept at high levels, this crowds out investment into capital goods with the exception of houses."

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