FuckyWucky [none/use name]

Pro-stealing art without attribution

  • 2 Posts
  • 28 Comments
Joined 1 year ago
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Cake day: March 21st, 2023

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  • money has to be backed by the state so if bitcoiners really want bitcoin to be used in everyday transactions, i would suggest running for President and replacing U.S. Dollar with Bitcoin for tax payments/legal tender.

    how will the state obtain Bitcoins? by building massive resource wasting mining farms which itll have to issue bitcoin bonds to build, making the state subservient to the private bond markets and interest rate it demands, Greek style.

    there is massive plague and the economy has collapsed? what will the state do? cant give people money or increase healthcare spending because the capacity of the state to mobilize resources is now limited by what the private sector is willing to give it or how much it can mine. oops mass death.

    bitcoiners have to be dumbest creatures alive.






  • the article i linked mentions this

    Even if the service sector is included in GDP, there is a conceptual problem associated with measuring its output, since what constitutes the rendering of a service is difficult to distinguish from what constitutes mere transfer payment. After all, one may derive satisfaction from making a transfer payment exactly as one derives satisfaction from the performance of a musician; how then can we include the one and not the other within the ambit of GDP?

    the question is whether service sector as a whole should be measured and included.

    i also do not believe prostitution as a service creates no value. what is ‘value’ depends, sex does provide pleasure and it is being done for payment. one could argue art (Paintings, Movies, TV Shows, Games etc) shouldn’t be included either because there is no tangible value being created.