Tag: Bitcoin
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Is Elon more efficient than SS?
This 1962 educational film about Social Security is a nicely produced story, by educational film standards anyway. It tells about SS by following a young reporter who visits the administration with her grandpa, to see how SS works for young people and old people. At one point the film mentions that modern computers enable SSA…
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Mother-in law and cliff
Speaking of beautiful old infrastructure… An old system is SUSTAINABLE by definition. Whether it’s a house or a car or a coal power plant, maintaining it and using it are CLEANER than building a new one. (As long as it’s still working properly.) Good news: An upstate New York coal plant has been restarted! Yay!…
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We need equipoise
I linked these items as examples of professional criminals misusing math as a culprit. Rehashing both together. = = = = = START 2022 REHASH: Bitcoiners constantly say they’re letting math rule. Math is god, math is supreme, math is unarguable. Nope. They’ve kicked math out of the house. Math is always formed in equations.…
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Silly
Headline at Bloomberg: Constitutional test of Elon’s authority You don’t need a constitution to figure this out, which is fortunate since we haven’t had a constitution since 1803. A government, like a corporation, is a structured organization. Employees must take orders from the chief executive, or from managers appointed by or through the executive. Chain…
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It’s all Duane Jones
When you favor or oppose an action for reasons that don’t align 100% with Team A or Team B, it’s much harder to maintain your own opinion. I had this trouble with bitcoin. I oppose it for solid experience-based reasons. I was a bookkeeper for years, so I know how real ledgers work. Bitcoin is…
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Unimaginably stupid
Question seen on Reddit’s Buttcoin (anti-bitcoin) group: What is the single biggest reason you DON’T believe in Bitcoin? Most of the answers included the usual correct reasons. It has no value, can’t be spent or saved, only makes a few people rich by swindling others. This is the most elegant answer by my standards: A…
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Reprint on limited resources
In previous item about Krugman and Cobol I linked this 2014 piece. I was talking about Modern Monetary Theory, which turned out to be a passing fad. MMT was just a fake philosophy to justify the standard Wall Street and government method. Never save, never produce or preserve anything. Create counterfeit and pour it into…
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Buy the dippy
Via Protos: = = = = = START PROTOS: Donald Trump’s inauguration pastor Reverend Lorenzo Sewell has launched a crypto token that he says will help him and his followers to accomplish God’s vision. Unfortunately for Sewell and God, the token is down 97%. Just hours after Trump’s swearing-in ceremony the pastor announced the launch…
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No need to read Machiavelli.
Here’s the end goal of Mach’ian rulers, all wrapped up in one nice little sentence. Do not buy the $TRUMP coin/con. If it isn’t Bitcoin, it is a scam. Brand A scam says “avoid the Brand B scammers, stick with honest Brand A”. Brand B scam says “avoid the Brand A scammers, stick with honest…
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Fool starting to learn? Nah.
Via Protos: A bitcoiner who works for the Coindesk website had his wedding plans ruined when the fake bitcoin “bank” holding his fake bitcoin “savings” suddenly cut off his account access for several months. He was able to get it resolved BECAUSE he’s a well-known figure who could stir up public attention on Twitter. He…
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Originality compounded
Via Cointelegraph, Trump is strongly favoring the insane idea of a Bitcoin Strategic Reserve. As I’ve mentioned a few thousand times already, bitcoin is just a database or spreadsheet. One bitcoin is one row of a spreadsheet. There’s nothing original about strategic reserves. Birds do it, bees do it, even educated cells do it. People…
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Aside from that
Protos features the California wildfires from the standard Gaian perspective. Fueled by high winds and months of drought, Reality: Southern California has centuries of drought broken by occasional rainy seasons. It’s a desert. Every coastal area has high winds sometimes. Protos also covers the tragedy as seen by the “crypto community”. = = = =…
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Same thing two ways
This morning I noticed two ways of saying the same thing, showing opposite ways of looking at the world and looking at business. First, Conde’s book on Hudson tells the story of the company’s founding in great detail. I summarized it before. The group who founded Hudson started out working at Olds, then split in…
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Beyond gigasucker
Several states are planning to set up BITCOIN STRATEGIC RESERVES. CNBC interviews a Bitcoin scammer who thinks it’s a wonderful idea. Of course CNBC will always serve the oligarchs, so I don’t expect objectivity or “balance” from them. Ohio and Texas are considering the fantastically stupid idea, along with the alleged so-called “federal” “government”. Needless…
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Craig Wright, the final chapter
Edit: Oooops, I published too soon without waiting for the actual sentence! The Judge sentenced Wright to 1 year but suspended the sentence for 2 years to see if Wright will start paying his fines. Unsatisfying conclusion and won’t stop the chaos that Wright creates every minute of his nasty life. PROFESSIONAL CRIMINALS NEED TO…
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