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Lumor 1 month ago
A Bitcoin that can be governed by politicians passing laws, influencing public company miners, is not interesting to me. Spammers will always find ways around any filters we build. You can send a message by disallowing some formats, but it's probably not going to have a big impact. Excitement around using spam is low. Block space is cheap, so it still makes it in. There's a max size limit on blocks regardless of how much spam they contain. FUD about hard drive space is fake news. View quoted note →
Lumor 2 months ago
Socialism breaks down because of problem solving having to jump through so many middlemen: taxpayer > tax collectors/police > politicians > beaurocrats > producer > benificiary So much value gets lost along the way, but also suffers from distance between person wanting to solve the problem and the solver/producer. Capitalism in the ideal case is: Person with need <-> Person with solution The tightest loop is a person solving their own problems, self-sufficiency. A clear lens from Max Hillebrand, ~1h10min into the episode. https://fountain.fm/episode/s9lAITUK8QCatkKKKxhm