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CommieGIR
Aug 22, 2006

The blue glow is a feature, not a bug
Pillbug
Oh good, Buttcoin is back.

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CommieGIR
Aug 22, 2006

The blue glow is a feature, not a bug
Pillbug
I look forward to another endless discussion of why Von Mises is awesome and every other economist is wrong.

CommieGIR
Aug 22, 2006

The blue glow is a feature, not a bug
Pillbug

brakeless posted:

Sorry op you're too late, the new medium of exchange is going to be pics of my dick.

Now just give me a few minutes and I'll set y'all up for life.

Its worthless without a way to exchange it for USD.

So, your dick is worthless.

CommieGIR
Aug 22, 2006

The blue glow is a feature, not a bug
Pillbug

R. Mute posted:

I still haven't gotten an answer why this system should be implemented, so I'm just going to assume it's because normal currency and the normal economic system are triggering to autists.

Its because a bunch of armchair economists want their little digital collection to make them rich. Its basically the same as Beanie Babies, its a gimmick that will fade into time when people lost interest, but it will always be there in the background.

CommieGIR
Aug 22, 2006

The blue glow is a feature, not a bug
Pillbug

Contra Duck posted:

Now let's all watch as you continue to ignore all of the massive problems with your idea and instead post essays about how it's going to synergise with crowd-sourced self-organising social networks that are indistinguishable from the output of the post-modern essay generator.

The patented *coin strategy. Brought to you by Von Mises: Where literally making poo poo up and ignoring your critics is key to survival and propagation of your flawed hypothesis

CommieGIR
Aug 22, 2006

The blue glow is a feature, not a bug
Pillbug

fade5 posted:

This, this, loving this. Even if a system is a marked improvement over what we have, trying to implement something new is essentially impossible. During the debt ceiling crisis (both of them:suicide:) it was mentioned that the US financial system is pretty much running on 1970's coding and technology, with less than 200 people even knowing how it works or how to modify it. The system works that way because it was designed to be backwards comparable with loving punch cards, and any glitches caused by upgrading to a modern system would throw the world economy into chaos. That's something that needs an upgrade, and we still aren't going to do it until we absolutely have to.

Yes, and its a loving awful system. It was awesome back when it was first put into production, and did its job well while allowing older financial systems to integrate into it.

Now is a rotting behemoth that is basically tying the financial industry down. Have seen a couple of these systems, its mind boggling that they still hold together. Its laughable that *coiners still think that Bitcoin or some of its ilk will EVER replace such a structured and rigid system.

CommieGIR
Aug 22, 2006

The blue glow is a feature, not a bug
Pillbug

Zombywuf posted:

Kinda explains why people are desperate to design something better.

True, but the problem is almost all of these groups doing so, do so with NO knowledge of how such a system actually works, and base it solely on how paper currency functions, with no respect to the intricate and complex system that backs it.

CommieGIR
Aug 22, 2006

The blue glow is a feature, not a bug
Pillbug

Fried Chicken posted:

Because the ones who know how it works rigged it in their favor and this have no incentive to change it

Death is certain

...not really. The system is too chaotic for one person to really grasp how it functions, we can estimate rises and falls and know how to influence them, but we have no exact control over the entire system. There are too many competing interests in the infrastructure to really re-design it right now.

CommieGIR
Aug 22, 2006

The blue glow is a feature, not a bug
Pillbug

Zombywuf posted:

I don't think I've seen a cryptocurrency based on the idea of how paper money functions, they're based on the shiny rock principle.

Well, that too.

The idea is you are handing someone something of some inherit worth (like a USD), but its that exact problem that basically screws bitcoin: Bitcoin is only as good as the real currency you can extract from it. Bitcoin by itself is worthless.

CommieGIR
Aug 22, 2006

The blue glow is a feature, not a bug
Pillbug

Fried Chicken posted:

Edit: at a minimum you have the LIBOR rate manipulation scandal. Start looking at lobbying and subsidies and we are basically just shoving money into their maw

There is a difference between internally and externally rigging the game. This is more external than internal.

And yes, I am well aware there has been manipulation, but it mostly involved BREAKING the game than rigging it, or completely ignoring the rules of the game.

CommieGIR
Aug 22, 2006

The blue glow is a feature, not a bug
Pillbug

RealityApologist posted:

Which is not to say that it's always wrong to discriminate against shoes, but just that the category is different. So a question like: should steroids be allowed in major league gaming? is a question about whether it's okay to discriminate against shoes.

Performance enhancers and prosthetic to restore function to someone who is disabled are not the same things. These people did not CHOSE to have their limbs taken from them, it was a medical necessity.

If that person does gain an enhanced performance from the prosthetic, it only speaks volumes about our quality as humans to engineer replacements.

It does not disqualify them, and maybe those who have lost limbs are deserving of some basic performance enhancements to make up for it.

CommieGIR fucked around with this message at 19:35 on Apr 3, 2014

CommieGIR
Aug 22, 2006

The blue glow is a feature, not a bug
Pillbug

RealityApologist posted:

Comparing two things does not mean I think they are the same thing. Comparing two things is meant to highlight their similarities.

Seriously, guys. You're compromising your ability to make me look dumb by posting this poo poo.

You are comparing a choice to gain an edge in a competitive sport versus a choice to regain a normal, functional life.

Similarities? Yes, but their function is not one in the same, nor are they comparable beyond advantages.

CommieGIR
Aug 22, 2006

The blue glow is a feature, not a bug
Pillbug

RealityApologist posted:

I think that scientific explanation is constituted by models of abstract functional organization, so in some sense networks appear in every explanatory context.

From the rosetta stone document I've been posting, there's the suggestion that network theory (or really, category theory) forms the theoretical foundations for logic itself, meaning networks would appear in every domain covered by logic (including intuitionistic logic).

In other words, it actually is a contender for the best way to describe every system.

You are reeeallllly stretching if that is what you think network theory does.

CommieGIR
Aug 22, 2006

The blue glow is a feature, not a bug
Pillbug

Except you want this: http://en.wikipedia.org/wiki/Actor%E2%80%93network_theory

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CommieGIR
Aug 22, 2006

The blue glow is a feature, not a bug
Pillbug

Who the gently caress made that graph.

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