On the Nature of Things | Forum

ABC | Cryptocurrency backed by gold being developed by Perth Mint to entice investors back to precious metals An interesting combination of the oldest and the newest. One problem here is the coin would be an equity. Every use might require gain/loss accounting and incur processing charges. Both the...

You realize your old occuply fleabag from the past would be throwing bricks through your window right now, right? Wrong. OWS was always in favor of private property, especially when it came to shiny gadgets :) Heh, I realize that I am actually still friends with tons of the people who were among th...

Zack I think we're at the end of 'dominant currency'.

Lol let me get this straight, marxist collectivist is trading in unsecured commodities? Can't make this stuff up. I never said I was a Marxist Collectivist. I just said we should have a safety net that makes it temporary problems don't destroy someone's life. A societal hedge against poverty becaus...

Something is wrong with this thread title. It's supposed to be "The end of dollar hedgemoney"

If you want to bet on the cryptocurrency market without dealing with its volatility. Buy Nvidia. NVidia cards are dumb expensive because of Ethereum mining. And Crypto is merely a side venture for them, they aren't even focused on it. NVidia has contracts with Hyundai, Volkswagen, Uber and Baidu for...

The Zero Sum way this is talked about generally just tells us nothing. It isn't so much about China replacing America, as much as Unipolar World Theory going away.

Typhoon wrote:It seems that anyone has.

Yep.

Indeed, but the reality is that we have a liquidity trap where the dollar is being captured by rent seekers and not flowing to lower levels because those lower levels are losing the value of their labor due to increases in the efficiency of automation. well the problem is that everyone is a rent se...

As I have been playing with Cryptocurrency I can't help but see the end of dollar hegemony. Not that I think the dollar will simply vanish, or even necessarily crash (it might though) it just seems like the dollar's domination of finance is over. Europe’s central banks are starting to replace dollar...

IOTA is one of the most interesting ones to me. I really like the idea of the Tangle. I also like the idea of shared IOT assets.

Yeah, maybe Google should invest in Seastedding and Thiel Fellows. Thiel is kind of a moron. An intellectual zero who has contributed nothing -- other than capital he earned through sheer luck at Paypal, a now irrelevant payment processor -- to the technical innovation that is now radically remakin...

Passing interest in the companies using DAGs instead of Blockchain. What companies are doing this? This strikes me as incredibly inefficient way to create an electronic medium of exchange. Printing paper money or standard electronic transactions are far more energy and cost efficient. Indeed, but t...

Is anyone here paying attention to the underlying tech? I see some talk about the Blockchain, but is anyone evaluating the different coins on their merits as a tech startup? My take on this is that absent government intervention, and thus far, and foreseably through the Trump era, the SEC is pretty ...

Heracleum Persicum The usual racist leftist meme is coming up that these people are CIA puppets. What do you say about that? http://www.breitbart.com/london/2018/01/07/canadian-liberal-mp-labels-anti-islamic-state-protesters-white-supremacists/ Canadian Liberal MP Labels Anti-Islamic State Proteste...

Heracleum Persicum

The usual racist leftist meme is coming up that these people are CIA puppets. What do you say about that?

Investors pull billions from U.S. stocks in longest outflow streak since 2004 Investors are fleeing U.S. stocks in a way they haven't since 2004. For 10 straight weeks a total of $30 billion has left U.S. stocks, marking the longest streak of outflows since 2004, Bank of America Merrill Lynch said ...

One of the funny things is listening to all the Trump supporters talking about how great the economy is in Obama's final fiscal year. They love Obama when they think it's a white man.

White Nationalists have killed more people in terroristic incidents by double, what everyone else combined have done.

Thank you for that succinct illustration of my point.

Doc agreed, one side does make more emotional appeals than the other. The other accepts scientific consensus and thinks the Congressional Budget Office is a reputable organization.

Simple Minded It is the 'nothing is knowable, everyone is a crook, why even bother?' element that I disagree with.

noddy My experience in life is that I am generally perceived as the opposite of whatever ideologue I am speaking to. Get me in a room full of Communists and I am indistinguishable from Mr. Perfect except in that they acknowledge my sympathy to their theses.

:) True. Usually in response to comments about "how republicans are stopping me from saving the world" or "that selfish bastard would rather spend $20,000 on a weekend in Vegas or on his mortgage than give it to me? It's not my fault I'm not a better person! How can I make a differen...

Simple Minded

You love aww schucks cliches about New York.