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InitialsDiceBearhttps://github.com/dicebear/dicebearhttps://creativecommons.org/publicdomain/zero/1.0/„Initials” (https://github.com/dicebear/dicebear) by „DiceBear”, licensed under „CC0 1.0” (https://creativecommons.org/publicdomain/zero/1.0/)T
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2 yr. ago

  • That's not what that proves lol, but it does prove that the gold standard does not work and is not sustainable.

    You should probably read up a little bit on history, the facts disagree with you. The US government had to use regulations and policies to influence the supply of gold: grants for gold mining, setting the reserve rates, hoarding gold to keep out of circulation. Until the gold standard dropped, there was even a limit on the amount of gold one could legally own. On top of this, other gold producing nations had the power to directly influence US monetary value and undermine US sovereignty.

    Throw in implications and challenges of being a global reserve currency (Triffin dilemma), and you end up having a really bad time with an unhealthy economy.

    Foolish people that don't know history want to pretend that the gold standard magically creates some kind of natural currency free of "government meddling", but the reality is that even more meddling and government control was required under the gold standard than compared to fiat currency.

  • Hurray! You've correctly identified the problem! Congratulations.

  • Under your model, how was the economy able to grow before 1976?

    Gold can be mined.

  • It's a fact.

    Deflation is just negative inflation

    Yep, that's a major problem. The total pool of currency needs to be able to grow with the economy. Take a first year econ course before speaking

  • Ah yes, that's why the Trump administration is one of the biggest proponents of crypto, right?? 🙄 did you even try?

  • I think it was just introducing and setting up the state of the town and tone for the season.

  • The banks/governments can't freeze your bitcoins, nor can they simply print more or regulate the value otherwise.

    You're just listing reasons why bitcoin sucks lol. Oh no!!! Flight risk criminals and terrorists had their accounts frozen!!! Oh no, ReGuLaTiOn BaD!!! Grow up.

    Finite currencies (like gold/silver/bitcoin) are deflationary currencies and are genuinely absolutely terrible for an economy. That's why we don't use gold anymore.

  • like the loggers clearing out the jungle. They portray them as heroes. Or the one where the tobacco companies are portrayed as heroes.

    🤦 Watching lemmy users discover how a joke works in realtime. Amazing. Are you familiar with the concept of satire? It's a really tough one to grasp, apparently

  • It's trivial to trace the funding of these "throwaways" to link them together... unless this entire system is supposed to just rely on using a standard bank account to fund them, which.... circling back to "so what's the point?" you could pay from that account directly to get the same benefits. Using bitcoin is completely redundant in that scenario

  • in practice anything left of GWB is portrayed as a whiny baby, a stupid hippy, or whatever.

    Yeah, no shit... they're making fun... they aren't going to portray anyone in a good way. That's the point. Bring it on!

    Have you considered the way they portray anything right of GWB? If you just want to laugh at others but get mad when it makes fun of characters you relate to, that's a you problem.

    they even have characters in this episode that are like "just because wokeism went too far in one direction doesn't mean we should go too far in the other"

    Said by their stereotype redneck character that uses slurs every line... use your brain.

  • Bitcoin is really bad for using as currency, due to the fact that there is a permanent, public ledger of all transactions. Why would you want anyone you pay to be able to see and trace every transaction you've ever made? Pay rent in bitcoin, now your landlord can calculate your spending and who you do transactions with. And yes, there are services that aggregate and obfuscate transactions in order to make them less traceable, but now you've just reinvented the same centralized payment processor system that the whole thing is supposed to be replacing... so... what's the point?

    Cash is good for using as currency.

  • I feel like I remember Stan giving a monologue specifically about having to pick between two bad choices though...

  • I need to rewatch the episode to be sure but is it not commenting on how American elections are voting against the worst of two bad options instead of voting for a good candidate? Not "both sides are the same"?

  • plays in browser for me

  • Satire is just really confusing for some

  • I think Debian is generally well respected for its stability and boringness, no?

  • It's not just media. The number of software engineers I've heard talk about "fixing" a "zero day" in a code dependency by updating to a patched version...

  • The post is not asking about how attractive or not someone is. It is asking about indicators that one may be more attractive than they think. A common indicator is engagement with unhealthy social media.

  • If you spend any amount of time engaging with "influencer" social media content, then you likely have a skewed perspective and damaged self image.