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Topic: The current Bitcoin economic model doesn't work - page 2. (Read 96390 times)

sr. member
Activity: 294
Merit: 250
That's just it, 100% of historical sources do not confirm any such theory.  There are many historical documents besides the one that I referenced that have referred to such things.  Myths or not, not all sources support such a theorm.  You don't get to just dismiss those documents as myth, that's not your call.  It's also an intellectual cop-out.

PRIMARY sources, throughout history. Wikipedia that shit, holmes.

What is a primary source for the theory "self does not survive the death of the body"?
sr. member
Activity: 448
Merit: 250
That's just it, 100% of historical sources do not confirm any such theory.  There are many historical documents besides the one that I referenced that have referred to such things.  Myths or not, not all sources support such a theorm.  You don't get to just dismiss those documents as myth, that's not your call.  It's also an intellectual cop-out.

PRIMARY sources, throughout history. Wikipedia that shit, holmes.
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.


And I would recommend you try not to make claims that are not supportable in the future.

You told him to prove his assertion that is 100% confirmed by empirical evidence, and then quoted a fairy tale to cast doubt on his assertion.


And yet, he didn't assert any such emprical evidence.  He stated it as a given, but didn't mention that it was a given on his part, and used it as a comparision of his correctness.  You can't make such an argument if there are dissenters, and at least all Catholics would dissent from the claim that "no one has gotten out of life alive, yet" would they not?  

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One person is making outrageous claims, and the other is making obvious empirical claims.


Which is which?  I certainly made no claims at all, simply highlighted an example of a document that portends to dispute his position.  Since your the one who claimed that Hitler's head was alive, I assume that your's were the outrageous claims that you refer to?

I really don't think that you understand what's going on here, and I find it rather depressing to imagine that you could be an educated adult.

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So who should prove it; the person whom ALL empirical evidence supports, or the guy talking about fairies?


Both of you, as far as I am concerned.  Again, he presented no evidence at all, and neither did you.  I've made no claims to support, I expect the author to support his position, not the reader.

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My series of examples was just mocking your choice of the bible as an empirical source. None of those is true, except for the Obama one.

Of course I know that you were attempting to mock me, and that is part of what makes your statements both sad and amusing.  You assumed that my referencing a document that contradicts his (and your's, presumedly) premise means that I was trying to argue that either position was correct.  I was not.  I was highlighting that there exists a large percentage of people who would disagree with his assertion, and that he left said assertion unsupported as if everyone would naturally agree that he was correct.

Please tell me you are still in high school.

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I just don't understand people who play devil's advocate for ridiculous things. I mean, yes, some of us are currently alive and we cannot read the future and might never die, but when 100% of primary sources throughout history confirm a theory, doesn't that make it pretty goddamn sound?

That's just it, 100% of historical sources do not confirm any such theory.  There are many historical documents besides the one that I referenced that have referred to such things.  Myths or not, not all sources support such a theorm.  You don't get to just dismiss those documents as myth, that's not your call.  It's also an intellectual cop-out.

I dunno dude, I thought the two things most "normal, common" people generally take as concrete truths were:  1) death and 2) taxes.
My sane side takes it as fact that 100% of real, non-fictional humans that have lived and are not alive anymore, have died.  I think that's the 100% Randy was referring to.

Jeez, these forums, man... I thought *I* was fucking weird; my whole love of argument in general and transhumanism, and Uranus having a large influence in my chart causing me to think centuries ahead of my time.  You people make me feel NORMAL, and I fucking LOVE you for that.  :-D

It is REALLY goddamned nice that this thread has gone off topic, and it makes me feel extremely warm and fuzzy to know that I contributed to that.

I also want to add that I am a baptized and confirmed Catholic, and have many Catholic family members who would agree with me that they will most likely die someday.
legendary
Activity: 1708
Merit: 1007


And I would recommend you try not to make claims that are not supportable in the future.

You told him to prove his assertion that is 100% confirmed by empirical evidence, and then quoted a fairy tale to cast doubt on his assertion.


And yet, he didn't assert any such emprical evidence.  He stated it as a given, but didn't mention that it was a given on his part, and used it as a comparision of his correctness.  You can't make such an argument if there are dissenters, and at least all Catholics would dissent from the claim that "no one has gotten out of life alive, yet" would they not?  

Quote
One person is making outrageous claims, and the other is making obvious empirical claims.


Which is which?  I certainly made no claims at all, simply highlighted an example of a document that portends to dispute his position.  Since your the one who claimed that Hitler's head was alive, I assume that your's were the outrageous claims that you refer to?

I really don't think that you understand what's going on here, and I find it rather depressing to imagine that you could be an educated adult.

Quote


So who should prove it; the person whom ALL empirical evidence supports, or the guy talking about fairies?


Both of you, as far as I am concerned.  Again, he presented no evidence at all, and neither did you.  I've made no claims to support, I expect the author to support his position, not the reader.

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My series of examples was just mocking your choice of the bible as an empirical source. None of those is true, except for the Obama one.

Of course I know that you were attempting to mock me, and that is part of what makes your statements both sad and amusing.  You assumed that my referencing a document that contradicts his (and your's, presumedly) premise means that I was trying to argue that either position was correct.  I was not.  I was highlighting that there exists a large percentage of people who would disagree with his assertion, and that he left said assertion unsupported as if everyone would naturally agree that he was correct.

Please tell me you are still in high school.

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I just don't understand people who play devil's advocate for ridiculous things. I mean, yes, some of us are currently alive and we cannot read the future and might never die, but when 100% of primary sources throughout history confirm a theory, doesn't that make it pretty goddamn sound?

That's just it, 100% of historical sources do not confirm any such theory.  There are many historical documents besides the one that I referenced that have referred to such things.  Myths or not, not all sources support such a theorm.  You don't get to just dismiss those documents as myth, that's not your call.  It's also an intellectual cop-out.
sr. member
Activity: 448
Merit: 250

What did you misunderstand?  There are three live assentions claimed in the KJV of the Bible alone.  Disprove them.

No no no. You can't take a story about something that never happened and then demand someone disprove it. That's how retarded religious chimps argue, and it is fundamentally flawed.

The easter bunny is real. Disprove it.


That's quite a claim.  Notice I didn't make any such claim.  I just asked him to prove his assertion, as if the reader should just take it on faith that what he says is so.  I make the same charge to you, since you seem to think you understand what I'm doing.  Prove the statement that the Easter Bunny is real.  I'm the reader, I am under no obligation to disprove it.

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Santa Claus is real, too. Hitler is alive and living in the loft of my garage. Obama isn't a US citizen. Fucking Gilgamesh never killed the bull of heaven for slaying Enkidu, and Odysseus is still lost at sea.

You've got a lot to prove here, brother.

No, I don't.  I looks to me like you have a lot to prove.  Get started, you've just cut yourself quite a lot of work.

And I would recommend you try not to make claims that are not supportable in the future.

You told him to prove his assertion that is 100% confirmed by empirical evidence, and then quoted a fairy tale to cast doubt on his assertion.

One person is making outrageous claims, and the other is making obvious empirical claims. So who should prove it; the person whom ALL empirical evidence supports, or the guy talking about fairies? My series of examples was just mocking your choice of the bible as an empirical source. None of those is true, except for the Obama one.

I just don't understand people who play devil's advocate for ridiculous things. I mean, yes, some of us are currently alive and we cannot read the future and might never die, but when 100% of primary sources throughout history confirm a theory, doesn't that make it pretty goddamn sound?
legendary
Activity: 1708
Merit: 1007
Ah, I see, thanks for that Randy.

Yeah, I only said that "no one gets out of life alive" as a sort of assertion that everyone knows for sure that every human dies, but no one knows for sure that any human escapes or circumvents death.  So, "economics" and whatever else can "be interested" in me or threaten me or help me or whatever -- in the end I'll be six feet under and on that scale I'm a nihilist.

In the long run, we're all dead, right?

legendary
Activity: 1708
Merit: 1007

What did you misunderstand?  There are three live assentions claimed in the KJV of the Bible alone.  Disprove them.

No no no. You can't take a story about something that never happened and then demand someone disprove it. That's how retarded religious chimps argue, and it is fundamentally flawed.

The easter bunny is real. Disprove it.


That's quite a claim.  Notice I didn't make any such claim.  I just asked him to prove his assertion, as if the reader should just take it on faith that what he says is so.  I make the same charge to you, since you seem to think you understand what I'm doing.  Prove the statement that the Easter Bunny is real.  I'm the reader, I am under no obligation to disprove it.

Quote

Santa Claus is real, too. Hitler is alive and living in the loft of my garage. Obama isn't a US citizen. Fucking Gilgamesh never killed the bull of heaven for slaying Enkidu, and Odysseus is still lost at sea.

You've got a lot to prove here, brother.

No, I don't.  I looks to me like you have a lot to prove.  Get started, you've just cut yourself quite a lot of work.

And I would recommend you try not to make claims that are not supportable in the future.
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
Ah, I see, thanks for that Randy.

Yeah, I only said that "no one gets out of life alive" as a sort of assertion that everyone knows for sure that every human dies, but no one knows for sure that any human escapes or circumvents death.  So, "economics" and whatever else can "be interested" in me or threaten me or help me or whatever -- in the end I'll be six feet under and on that scale I'm a nihilist.
sr. member
Activity: 448
Merit: 250

What did you misunderstand?  There are three live assentions claimed in the KJV of the Bible alone.  Disprove them.

No no no. You can't take a story about something that never happened and then demand someone disprove it. That's how retarded religious chimps argue, and it is fundamentally flawed.

The easter bunny is real. Disprove it.

Santa Claus is real, too. Hitler is alive and living in the loft of my garage. Obama isn't a US citizen. Fucking Gilgamesh never killed the bull of heaven for slaying Enkidu, and Odysseus is still lost at sea.

You've got a lot to prove here, brother.
legendary
Activity: 1708
Merit: 1007

What did you misunderstand?  There are three live assentions claimed in the KJV of the Bible alone.  Disprove them.
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
legendary
Activity: 1708
Merit: 1007
No one gets out of life alive, yet.

Try and prove that statement.
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
What's wrong with you folks? I thought I was a conspiracy nut job till I saw people on this forum. Does a crypto-currency need to be stupidly volatile to be a good crypto-currency? Does anchoring its price...

The premise of bitcoin is:
1- Anonymity
2- Control

There is a third premise that was explicit in bitcoin.
3. Fixed monetary policy

It was that third premise that represents the "soul" of this community.

There used to be a currency called the Drachma that represented the soul of one community. A currency called the Deutsche Mark that represented the soul of another community. Then someone suggested, "Wouldn't it be better if we created one currency that represented our combined souls?"

Turns out the answer was, "No. Probably not."

Some concepts have to compete. True can't collaborate with False by settling on Maybe. Or in answer to a famous question, "No, we can't all just get along."


PLUS LOTS OF ONES
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.

Oh, and to Crypt_Current...

People like me aren't really interested in economics.  People like me want to build a world free from economics altogether.

It doesn't really matter if you aren't interested in economics.  Economics is very interested in you.

So is Jesus Christ, Allah, the OTO, gravity, ITT Tech, Valued Opinions, and some medium named Tara.  I'll deal with economics interest in me in a similar fashion as I've dealt with all these:  Use it to afford myself a more comfortable living when I can do so without knowingly harming others in the process, and ignore it otherwise.  No one gets out of life alive, yet.
Red
full member
Activity: 210
Merit: 111
What's wrong with you folks? I thought I was a conspiracy nut job till I saw people on this forum. Does a crypto-currency need to be stupidly volatile to be a good crypto-currency? Does anchoring its price...

The premise of bitcoin is:
1- Anonymity
2- Control

There is a third premise that was explicit in bitcoin.
3. Fixed monetary policy

It was that third premise that represents the "soul" of this community.

There used to be a currency called the Drachma that represented the soul of one community. A currency called the Deutsche Mark that represented the soul of another community. Then someone suggested, "Wouldn't it be better if we created one currency that represented our combined souls?"

Turns out the answer was, "No. Probably not."

Some concepts have to compete. True can't collaborate with False by settling on Maybe. Or in answer to a famous question, "No, we can't all just get along."
kjj
legendary
Activity: 1302
Merit: 1024
For example, I don't consider the dollar to be very stable at all, except in relation to a limited subset of goods and services over very, very short periods, but the dollar is still a very useful medium of exchange.
Your definition of "a limited subset of goods and services" seems to mean just about every consumer good and service out there, while your definition of "very, very short periods" seem to mean around 5+ years. And that's all nice and dandy till we find that you've got no problem with bitcoins' price shooting up and down several folds within weeks. You're weird, you know?

Been to the grocery store or the gas station lately?  The dollar is hardly stable in relation to food, water, or gasoline, and the period is far shorter than "5+ years".  How about the stock markets?  Commodity markets?  Forex markets?  Not exactly stable there either.  Natural gas or heating oil?  The dollar doesn't appear to be stable relative to anything but the penny.

Hoping for real long term stability is childish.  Expecting it is madness.  History tells us that state sponsored violence isn't enough to create stability.
Drama aside, I pointed out in the initial post that the proposed model will tie the coin's price to the average worldwide electricity costs. That's certainly not 100% stable on the long term, but I can promise you it won't double over a month nor lose half its value over 10 days. Let's just say it's significantly more stable than the current design. Got a better idea? Be my guest.

In my opinion, Bitcoin is already a better idea.  Bitcoin has stable rules, well known in advance and unchanging.  You just think it is unstable because you don't see the feedback mechanisms in the system.

Care to answer my question?

The value of everything floats.  Things that are more useful today than they were yesterday will become more valuable.  Things that are easier to produce today will become less valuable.  Hoping for real long term stability is childish.  Expecting it is madness.  History tells us that state sponsored violence isn't enough to create stability.  What makes you think you are clever enough to design an algorithm in advance that will achieve it no matter what tomorrow brings?

Oh, and to Crypt_Current...

People like me aren't really interested in economics.  People like me want to build a world free from economics altogether.

It doesn't really matter if you aren't interested in economics.  Economics is very interested in you.
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
People like me aren't really interested in economics.  People like me want to build a world free from economics altogether.

That's a world that can never be, no matter how hard you wish it to be so.

That's an opinion that always is and will be, about everything.

Crypt, I think you might be mistaken on what the term economics means. It's merely the set of laws (in the sense of gravity, not Patriot Act) that govern exchange between individuals. Stuff like supply and demand... they exist until scarcity no longer exists.

I assume what you want is a world free from state control over economics altogether, no?

Sure, yeah, whatever.   Cheesy Wink
sr. member
Activity: 294
Merit: 250
People like me aren't really interested in economics.  People like me want to build a world free from economics altogether.

That's a world that can never be, no matter how hard you wish it to be so.

That's an opinion that always is and will be, about everything.

Crypt, I think you might be mistaken on what the term economics means. It's merely the set of laws (in the sense of gravity, not Patriot Act) that govern exchange between individuals. Stuff like supply and demand... they exist until scarcity no longer exists.

I assume what you want is a world free from state control over economics altogether, no?
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
People like me aren't really interested in economics.  People like me want to build a world free from economics altogether.

That's a world that can never be, no matter how hard you wish it to be so.

That's an opinion that always is and will be, about everything.
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
It's a purely economic suggestion. An unstable medium of exchange is a bad medium of exchange.

It's only unstable in terms of other currencies, not goods / services.

People like me aren't really interested in economics.  People like me want to build a world free from economics altogether.

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And you know what? By insisting on making Bitcoin fail it's probably you who's working for The Manipulator!

I will tell you right now I do not, but you yourself have already implicitly agreed that you do work for the Manipulator in an earlier post you made.  Do you want me to recite it to you?

Actually, what you implicitly agreed to is that you do these things:
"suggest" changes to BTC that would make it more like regular physical centralized currencies.  Their suggestions hardly if ever add any value to our beloved crypto-currency, and when refuted and politely told why exactly they don't, these people just continue to plug their original argument.  Even when it is suggested to the suggester to just start his/her own damn currency, they often pass right over that possibility.

Regular people don't spend their free time to act this way on forums.  You're either compensated or insane.
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