Topic: The psychology of a con man - Zhou - page 2. (Read 6582 times)

The gains per hash might be distributed equally amongst pool members, but the hashes are not. Depending on the technology available to the different members of the pool they will be generating hashes at different rates and at different joules per hash. The large FPGA miner might be the equivalent or your real-life CEO and the CPU miner the equivalent of your real-life slave laborer working for minimum wage (with an even larger disparity). Our economy IS already working like a pool.

While I think you had a couple of important points earlier about trying to avoid "mob justice", you have to bear in mind that a lot of people on this forum live under a system whose government is utterly evil, corrupt, "gone beyond the point of no return", routinely dishes out its own brutality against dissidents (and to scare others), and it also annoys the shit out of the entire world by being a massive warmongering asshole-bully on the world stage. And yet, they lull their people to sleep by pretending to be kind and caring, "there for the people", "protecting you from the bad guys" and all that crap.

(Just in case anyone had doubts, I was talking about the US of A!)

So, when you suggest things like strict government regulation, or getting government to enforce laws the old-fashioned way, understandably that idea does not go down too well.

And I'm sure Marxism looked utterly fantastic on paper, which I guess would explain why a huge group of countries enthusiastically implemented Communism across Eastern Europe all the way out to China and killed millions of people in the process (and set their civilisations back by decades)... What's a few million when it's sure to create everlasting world peace, love and harmony?

In practice it just doesn't work. People are naturally lazy and the free market/Capitalism deals with that perfectly: there's always pressure to do enough work to survive, and extra productivity gets rewarded with extra desires being met. Centrally planned societies break that system so that you're either working like a dog because some bureaucrat decided to send workers elsewhere, or you're "working" 2 hours a day instead of being productive where you're really needed. So you get massive under-employment, low production levels, and of course the government has to be corrupt and dictatorial to keep the system running.


No, people join mining pools because of greed and trying to reduce risk. When faced with a choice:
1)Wait X months or years for a 50btc reward, and have low confidence about exactly when a reward will arrive, despite steady effort.
2)Get a steady trickle of bitcoins coming in right now.
Most people would pay a little bit extra and choose 2. People work together when it works for them. This is different from saying that people 'must' work together for some centrally planned purpose.

Scotty, beam us up.


http://foundationcenter.org/getstarted/faqs/html/howmany.html

Keep in mind however, we aren't talking about a world where everyone is non-profit.  People who still want ten times as much income as everyone else, or wherever you set the max pay, will still have that to drive for and it will encourage them to build new companies and work hard.

I think you meant Orion Slave Girls.

Slaves.

-2

Who the hell is going to do that - work for the mutual benefit of everyone?  This isn't the starship enterprise.

+1

Im excited

Lol.  Oh.

The "magic" 69 minutes is all I can think of. Anybody else?

Sure there would be, people work to the mutual benefit of themselves and their company and the rest of the country.  Our current system encourages excessive risk which is why it collapsed and required the government to save it.


I pointed out this was off topic before but folks seemed to want to peruse it.  *shrug*.


Okay, what is the correct number?

1 - This is a thread about the psychology of a con man, so you are off the line.

2 - Your source is a biased news channel with no concern to accurate statistical data...

 

Could you stop to throw the pony's manure in the fan and keep for yourself, please?

Just shut up.

There would be no reward for taking enormous risks in the marketplace.

Well for instance the average CEO in America makes 380 times what the average workers do.  I think it would be fair to legislatively limit that to 2 or 3 times what the average worker makes, or if we really have to stretch up to ten times more for the sake of compromise okay.  You have a livable minimum wage and a generous maximum wage so that high achievers still have something to drive for but they can do it without leaving behind people in poverty or bankruptcy from medical bills.

Scientology 

As someone with multiple degrees in psychology and mental health and with experience in a multitude of mental health settings, I would love to hear you explain this one, particularly the words 'phony,' 'fraudulent,' and 'scam.'

I wonder what the government will do when a chain gets created with the sole intention of rewarding hitmen who kill beuraucrats who step out of line ?

I call it Anarcoin.

I'm a dude, and no kids yet, do like football.  

Rarity just strikes me as an immature soccer mom with the inability to use actual logic and reason. "The gubmint must protect us!!!1!"

Grow up.