Matches for econom*, 2474 total results Sorted by newest | relevance
Fri Mar 14 18:31:55 UTC 2014 <mircea_popescu> which you know, is what the economy of the bankrupt world degenerated into, the economy of views. of which unit of account is one "mom look at me! mom look! mo-om!"
Fri Mar 14 16:50:07 UTC 2014 <mircea_popescu> yeah the diff bets are a major part of bitbet, mostly because it's one of the few places where btc holders are well connected to the economy.
Fri Mar 14 16:13:31 UTC 2014 <mircea_popescu> it has a lot of economic goodwill, of the actual varietyt
Fri Mar 14 15:26:32 UTC 2014 <ThickAsThieves> and no economic shockwaves will happen due to it or bitcoin's eventual shift from inflationary to static supply
Fri Mar 14 13:54:17 UTC 2014 <blackwhite> yeah but consider this argument for instance: "If Bitcoin matured into a complete currency, with large numbers of workers using it as their medium of account, then its inflexibility could bring economic havoc. Money-supply “shocks”, like the disappearance of Mt Gox, could set off a systemic collapse. Given a loss of faith in exchanges, users might withdraw their coins in a panic, leading to a dangerous decline in transaction volume. Such
Fri Mar 14 08:16:53 UTC 2014 <cads> Duffer1: I do feel like we're arguing more from philosophical/economical principle that computation shouldn't give us two things for free - but this seems false.
Fri Mar 14 08:03:57 UTC 2014 <cads> mircea_popescu: I don't feel it mathematically yet but I feel why we'd like this to hold, economically
Fri Mar 14 05:25:37 UTC 2014 <mircea_popescu> the only way that's changing is once it becomes more productive economically to work than to procreate, which is probably an euphemism for never
Fri Mar 14 04:03:51 UTC 2014 <MisterE> War with Russia will be good for the economy
Thu Mar 13 15:03:25 UTC 2014 <ughlol> the economy in India sucks so bad
Thu Mar 13 14:34:21 UTC 2014 <Neil> mircea_popescu: It's nice, but nothing special. Just a self-adjusting mechanism. I think the economics / incentives of bitcoin are the smartest part. And the fact (other than block size which was a short-term expedient solution to a short-term problem) that so much was left to just float (including the creation of altcoins for example). I think that took balls and real insight. Satoshi was a cool dude for whom I'd love to buy
Thu Mar 13 14:27:50 UTC 2014 <mircea_popescu> by which point other major infrastructural points start suffering, ie, life in town will no longer be possible, but it is required for a certain post 1700 level of social an economic life.
Thu Mar 13 14:27:22 UTC 2014 <mircea_popescu> that's at least two decades of unlimited economic collapse
Thu Mar 13 14:24:15 UTC 2014 <TomServo> embedded in our market economy will continue to work its magic. America’s best days lie ahead.
Thu Mar 13 14:23:06 UTC 2014 <TomServo> specifically: At the time, I called the transaction an “all-in wager on the economic future of the United
Thu Mar 13 14:22:26 UTC 2014 <mircea_popescu> TomServo the guy is definitely more worthy of being read, on a ROP basis, than pretty much any economics professor. and he doesn't even charge.
Thu Mar 13 14:16:15 UTC 2014 <mircea_popescu> in general, ventures made and wholly operated by people who are unable to act economically (which means, collaboratively) are doomed.
Thu Mar 13 14:14:15 UTC 2014 <mircea_popescu> this is a story of idiocy and unbridled enthusiasm, and of how very stupid people fail to fall in step with economic structure.
Thu Mar 13 14:09:32 UTC 2014 <mircea_popescu> the average romanian was too fucktarded to understand even the basics of how economy works. at all.