If restaurants billed like hospitals....
1. A menu item would cost X.
2. The value of X would be hidden from BOTH the server AND the guest.
3. The guest would then be charged some value Y (instead of X).
4. The restaurant would then be paid some value Z (instead of Y or X).
5. We, as a society, would then be downright BEWILDERED by how broken restaurant economics have become. Insanity 🤬
The US floating toxic financial thirst traps like this 50 yr mortgage scheme WHILE gutting the populace is the fiat govt equivalent of a mob boss that gives a usurious loan, then positions goons outside to shake you down for the borrowed cash.
You end up broke and idebted to the mob boss - who ends up with the money & power.
I find it amusing that to many people I know, the statement, "not everyone needs to go to college" is more controversial than "not everyone needs to get married/have a family".... one statement is backed by 70 years of precedent, the other thousands.
We have a long way to go yet.
Thought question: assuming bitcoin represents a new New World, complete with its own time zone - or rather its own timekeeping convention (block height)...
Would this convention be tenable at extraterrestrial/interstellar distances? Is there already an accepted convention for timekeeping in space (I assume UTC would be a silly idea)? 🤔
#thinkster
