I just put this on Stacker News. Tell me I'm wrong. #bitcoin
I just don't know how "progressives" can reconcile proof of work. No matter how it's sliced or rebranded, the basic premise of "progressives" is socialism, which is taking from one group (the producers) and giving to another group (the non-producing receivers). All that verbiage like a more "just and equitable" world is just framing and marketing of this basic premise. And, this premise is fundamentally the opposite of how bitcoin works.
<paste this on the "change my mind" meme>
I've always found it easy to juggle back and forth reading a couple of books, like watching different TV shows as a series.
This summer though, I chose "Master and Commander" by Patrick O'Brian and "Snow Crash" by Neal Stephenson. Swapping the high seas in a tall ship written in the Queen's 18th century English and the futuristic cocky attitude of a twenty-something in the Metaverse is proving to be a bit challenging. #books
Views on the future with AI seem to be either a) AI takes over the world (Matrix style) and humans are in danger of extinction or b) AI will perfect efficiency for humans and we will no longer have to work and will enjoy prosperity like never seen on Earth (Worldcoin's view).
I'm thinking c) AI will be like every other tool man has ever invented, such as the wheel, hammer, and automatic coffee maker.
(So, you'll still have to work)
At the cookout, it occurred to that outdoor grills are like paper towels. They both start out clean and pristine, they quickly get soiled, then rip or rust, they get grimy and nasty, and finally have to be pitched and replaced. Circle of life, I guess.
is doing currently, but this seems spot on:
>Having an inflationary rewards pool is a great way to distribute a token to early holders, but it doesn't do so well at accruing long-term value. Why? Because the token is being continually devalued to pay content creators to continue to do that which they are already doing.
Who knows if things will work out for inleo? But, I think Hive would do well to pay close attention to those words, and frankly, take those words to heart, ponder them hard, and then replicate.
- Nostr replaceable event tool - handy if you lose your list of who you follow. Evidently can do other stuff too.
.hostr
#art