Take crypto out of the equation, what are the implications of the fed issuing a programmable currency? Many financial services would become obsolete. What do I need a stock broker for? What do I need a bank for? You…
I don't get why students need to be apply to be accepted. Why can't everyone go to MIT? Is there a scarcity on chalk boards, shitty chairs and cinder blocks?
HN has hated crypto for a decade now and it's only recently been about energy consumption. It was and will be about monetary policy and the role of government in issuing currency. Kaynes vs Hayek kind of thing. Which in…
I predict eventually a chain that doesn't require PoW will gain popularity. Also, the chain won't have to be a store of value. Instead the value will be real assets represented as "tokens". The asset can be anything.…
"I believe that banking institutions are more dangerous to our liberties than standing armies," Jefferson wrote. "If the American people ever allow private banks to control the issue of their currency, first by…
> These are the sort of real-world constraints that you can't just ignore. These constraints were drafted by a handful of rich white bankers in a secret meeting. I have no problem ignoring their constraints. It seems…
What's the intrinsic value of USD? It's a garbage pre-mined token that's continually debased at the behest of a cabal of rich bankers so they can purchase real assets and consolidate the world's wealth. The petrodollar…
Do you believe Zuck called people who trust him "Dumb Fucks"? Talk about a genuine reputation.
> which is essentially a planned economy where the over-educated manage the under-educated Why do you feel this way? Couldn't there be a democratic mechanism to asset allocation? A democratically master-planned…
Take crypto out of the equation, what are the implications of the fed issuing a programmable currency? Many financial services would become obsolete. What do I need a stock broker for? What do I need a bank for? You…
I don't get why students need to be apply to be accepted. Why can't everyone go to MIT? Is there a scarcity on chalk boards, shitty chairs and cinder blocks?
HN has hated crypto for a decade now and it's only recently been about energy consumption. It was and will be about monetary policy and the role of government in issuing currency. Kaynes vs Hayek kind of thing. Which in…
I predict eventually a chain that doesn't require PoW will gain popularity. Also, the chain won't have to be a store of value. Instead the value will be real assets represented as "tokens". The asset can be anything.…
"I believe that banking institutions are more dangerous to our liberties than standing armies," Jefferson wrote. "If the American people ever allow private banks to control the issue of their currency, first by…
> These are the sort of real-world constraints that you can't just ignore. These constraints were drafted by a handful of rich white bankers in a secret meeting. I have no problem ignoring their constraints. It seems…
What's the intrinsic value of USD? It's a garbage pre-mined token that's continually debased at the behest of a cabal of rich bankers so they can purchase real assets and consolidate the world's wealth. The petrodollar…
Do you believe Zuck called people who trust him "Dumb Fucks"? Talk about a genuine reputation.
> which is essentially a planned economy where the over-educated manage the under-educated Why do you feel this way? Couldn't there be a democratic mechanism to asset allocation? A democratically master-planned…