Intellectual property is anti freedom, and anti capitalist, and ironically anti property. Like slavery, it uses the name "property", but it has nothing to do with property, and everything to do with control over other people.
Anybody with political influence and power is going to interact with the WEF at one point or another. It means nothing. In the end, the political leadership is either pulling towards the freedom of the people, or pusing against it. Especially pay attention to their attitude about peoples economic freedom, because most politicians are thieves. That how you judge political authorities.
Well, as a counter. Just because something is decentralized, does it really need to be stateless? Should it be? There are a lot of nice things about application state too.
So in the old days, governments would try to print up money directly. However, they ended up screwing themselves every time because people would dump the currency. So then they tried printing it up and loaning it out. This worked better, because people up to their ears in debt with money, were less likely to dump it. But since governments have no self control, they would eventually overdo it and crush themselves, resuting in a currency blow-out. So then they started to create private banking cartels, supposedly "independent" from government, with a private interest in maintaining their cartel. In theory, the interests of these "private" cartels would keep government from going to far. In practice, they get the entire economy addicted to cheap credit and create a stream of never ending market bubbles. At a certain point, the goals of the banking cartels become indistinguishable from government, and the entire financial system becomes soft-fascist and pushes a national socialist agenda on the publically traded companies they control. Welcome to the USA, a socialist shit-hole.
I've had a long time to think about the things Peter has said. I came to the conclusion that economies have a physical side and a service side. During an economic crash, the physical side will reign supreme. People want food to eat, not food tokens. People want houses to live in, not house tokens. However, that does not mean that the service side has zero value, and thus tokens which can not be manipulated by the state will not have zero value either. The service side will find a new equilibrium to the physical side. Digital currencies on the service side create an incredible value because they allow people to give their time and effort for currency and finance that is extremely difficult for the state to manipulate and control.
If a group of people have faith in dollars, and offer goods and services. They will be punished for that faith, because the government will take their money, they will water it down, they will control who can have it and who can't. It's a lot harder to tax, inflate, and put currency controls on crypto coins.
One slight difference about the USA is that the rural population, actually the entire population, is heavily armed. In fact, a collapse might create more law and order, because most the chaos in the USA is caused by entitlement programs and the war on drugs. Both would fail quickly in a system collapse.
In some ways I am jealous. The USA just solves all its problems with printed up money. The markets in the USA recover, but then everything remains fake.
The history of govt for most of the world is the same. One group of people violently and viciously attacks another group of people to steal their resources. Once they conquer, they calculate that it's better to keep the victims as slaves and steal their productivity, than to kill them all. Over time, the process of theft and control becomes a standardized process and procedure. Mythologies are often created to justify this reoccurring attacks and theft.
I think the fed has desperately wanted to lower for a long time, but they can't because it would probably trigger a currency crises, and international investors would start dumping US stocks and bonds all over the place.
A lot of people go about finding the truth the wrong way. They say "where am I now" and what "truth" should I support to benefit me my in my current situation the most. Where they should be asking, "Irrespective of what I want, what is the real truth? and how to I get myself to a position that benefits the most from that real truth?"
I don't know how the Sparrow wallet works, but for many wallets there is a long seed word phrase can be used to re-generate your private key, and a password you use to encrypt the wallet. If you have the long phrase, you can recover the key in a new wallet and go from there.
Also, if you don't remember the password to the wallet, do you remember if the password was simple or hard? If it's not a hard password, it might be possible to brute force if with some kind of cracking algorithm.
They are in debt out the nose. Everybody is. And that is dangerous. In a healthy economy, somebody might take out say a million dollar loan, and build a factory that creates say two million in wealth, so the debt is sustainable. However, today, most debt is leveraged into things like housing bubbles, stock bubbles, and other things that aid consumption, but don't PRODUCE any real new wealth.
Our society is going to learn the hard way, that extra low interest rates, don't "stimulate" the economy, and DO create bubbles. A lot of people want low interest rates, but in truth we should want high interest rates, so capital can be allocated by the market, and not by the central bank printing up money. Central bank imposed low interest rates do not help the real people who produce real wealth, it destroys them.
Japan is interesting. They are so polite and civilized, but after a long time I realized that their social structure has a fatal flaw. In US culture, it's common to see the well being of the kids as being more important than the well being of the parents, but in Japanese culture just the opposite is true. While both the USA and Japan are screwing over their younger generations for the sake of the older generation. The US culture has a far more likely chance of breaking out of their stagnation and moving forward because of that difference.
If the socialists win, it will hurt us deeply. But the truth is, they are losing control, and it's only a matter of time before they fall. We are in the information age, and they have completely lost ability to control information. They have completely lost the ability to hide truth.
That's a thoughtful point. Platform hosting is also providing value to the ecosystem.
Since they control the platform, it might be possible to intercept the zap and take a percentile. Ethically, people using the platform would need to agree in advance.
A lot of people are excited about #Bitcoin going to the moon, but the ironic thing is that Bitcoin will kick ass the hardest when it levels off relative to assets. Then you can expect people to denominate prices in Bitcoin, rent in Bitcoin, pay in Bitcoin, offer loans and credit in Bitcoin, make legal agreements in Bitcoin, put everyday prices in Bitcoin. Bitcoin will become the "stable coins", and the stable coins will be considered the scam-coins that they are (well, I mean, except for the other stable coins, like Gold backed ones)
Well, about Ukraine. It should be remembered that the Russians killed and starved out an estimated 10 million Ukrainians (google Holodomor). There is a deep hatred of Russia in many parts of Ukraine, and for good reason. Also, the NAZI's there are not like the German NAZI's whose philosophy led them to kill Jews and attack Poland. There are most likely NAZI only because the NAZI's attacked their blood enemy, the Russians. I don't think it's accurate to come off like they are the equivalent to the Hitler NAZI's. (Poland also has good reason to hate Russia) I agree with Putin that those Russian parts of Ukraine should have never been Ukraine, and even though I don't agree with them becoming part of the Russian empire, they should have at least been allowed to break off and have self determination. It was stupid to try and keep them under Ukrainian control, and begging to create the disaster that has happened.
Also, I don't buy that Putin was doing this for historical purposes, or the Russians. Those are justifications for him to expand his power base, and economic access. The justifications have a lot of legitimate points, but in the end they were still just raw power grabs. Though I agree with Tucker, that the Russian empire would probably be unable to act expansionist, except for Russian cultural areas.
Also, it doesn't matter that the US promised to not let Ukraine join NATO. Are countries not allowed to change their policies, change their mind? However, it was stupid for the USA to even remain in NATO after the fall of the USSR. This was just begging to create the disaster that has happened today. Why the Fuck is the USA still in NATO? I can not comprehend how this will serve our best interests in any way, but can easily comprehend how this could lead to lots of unneeded and unnecessary conflicts and wars.
Well, in the USA, the US govt gave the banks cartel status by giving the Federal Reserve system the effective ability to print up money and loan it out. In return, the Federal Reserve system makes sure that the interest rates are low enough to always finance government spending. It was a marriage made in hell. The thing is, that system will work as long as the system is mostly free market, but when it becomes over saturated with government spending and debt, the market is no longer able to function efficiently, and it starts to eat itself.
Govt is like a cancer. If you find a growing tumor on yourself, you cut it out no matter how small it is. Nurturing it, and trying to keep it alive, but at a small level is stupid, it will only be a matter of time before it escapes its confines and kills you.
No human system is going to be perfect, ever, because people have free will and can use that will to do good or bad. But saying Capitalism can't last long in the real world is like saying, a crime free society can't last long in the real world. That doesn't mean anything. We should still always push for that goal, push for a society where allocated by choice, and not under alternatives that usually involve deadly force. Instead of human will being treated like a threat, we need to take advantage of it exactly like capitalism does.
Also, lets be careful about what we call Capitalism. For example, what part of free market Capitalism would have the state take the dollar off gold by presidential edict and impose a central bank that effectively prints up money for the elite to go into housing, stock bubbles, and govt spending while the rest of us get saddled with inflation, taxes, and debt? Not to mention all the zoning laws that enhance these housing bubbles, and screw over the homeless, not to mention all the regulations that make health care up 10x more expensive than needed. Yeah, capitalism my ass. The USA is a socialist shit-hole.
1. People in the west believe in shitty govt programs.
2. To finance these programs, they have the state impose a central bank that effectively has the ability to print up money and loan it out at below market interest rates.
3. To protect themselves, people stop saving in currency, and start leveraging themselves into assets, like housing, effectively changing a home from a place to live, to an "investment".
4. To protect their investments, people start to put an immense amount of pressure on the system to up their property values, such as permitting, land use, and zoning laws.
5. This makes housing unaffordable to large populations, and creates a homeless problem.
6. To "solve" this problem, people demand more govt programs. Go to step one, rinse and repeat.
It's been a while since I've done this, but last time I created a "helo world" program in c and c++ When the C compiled, and the debug stripped it was less than 10K, but the C++ one was 200K
A lot of people are worried about CBDC's. But in truth, I don't think they can compete with what's already out there. They might try to shut down alternatives, but I don't think they can do that either when push comes to shove.
The Fed is stuck. If they raise rates, that will make it harder for people to pay on their debts, you will have cascading defaults in the system, and people likewise dump the dollar. If they lower rates, that will cause more people to dump the dollar because of inflation, make it harder for people to pay on their debts, and cause cascading defaults. As in, they can have a currency crises followed by a great depression, or a great depression followed by a currency crises. Gee, it's almost as if maybe those fuckers shouldn't be in the business of printing up money and loaning it out to begin with. Gee, it's almost as if the market can allocate capital better than a cartel of assholes appointed by the government.
What people don't understand is that low interest rates don't create economic growth, they create bubbles. Their low interest rates for 10 years are like somebody going on a heroin binge for 10 years, and then expecting there to be no withdrawal pains.
The Fed can not allocate money more thoughtfully than the market. Lets say a uninfluenced market wants to loan money out at 6%, and then the fed comes along and effectively prints up a shit-lode of money, and loans it out at 1%. But well, there was a reason the market was choosing 6%. While you can effectively print up and loan out an infinite amount of money, society doesn't have an infinite amount of resources at it's disposal to build things. Those higher interest rates force society to choose priorities. Unfortunately, under the fed system, most of those priorities are government spending, and stock and housing bubbles.
Typically when you borrow, you might borrow a million, and build a factory that creates two million in profit. In that way, the credit creates wealth. The Fed's credit does nothing but create asset bubbles, and enable reckless government spending, which creates almost no social benefit at all. Fuck that. I'd rather collapse the system than saddle onto my kids backs.
The current real social problem isn't misogyny, it is misandry. Since women compose the largest voting block, but men the largest income block, the system is strongly encouraged to be weaponized against men. The entire welfare system, education system, marriage system, justice system, child support system, and parental rights apparatus is weaponized against men. In many schools, hatred of men is not only encouraged, it is actively promoted and taught. The victim narrative of females is pushed hard, but the evidence based facts are clear.
Ironically, in the long run this hurts women even more. Most women want family, more than career. Most women have boys at some point in their life, and want their kids to do well. The evidence is overwhelming, families with a father in the home are up to 10x better off. Women who grow old with a male life partner are far better off than those who don't.
Press the "esc" key when it appears to stop doing anything, it should show the boot stages and list the processes as it starts them with an "OK" by each line, and see where its getting locked up.
If you press a key just at the moment boot is starting, you will get the grub boot-loader, look online for a detailed description of how to edit the text to boot linux in single user mode.
If you have more than one monitor, it could be getting locked up on a graphics card, try disconnecting one or the other to see if it boots.
You could have hard drive problems. If Linux detects a failure on the hard drive, I think the kernel attempts to remount the drive in read-only mode, which could lock up the boot. Some system BIOS has hard drive tests, of you could boot off a utility CD and use smartctl to run the internal hard drive diagnostics. (look up smartctl) online
I love bitcoin, but the thing is in the real world people need real things. They need real food, not food tokens, they need real homes, not home tokens. For once, we can finally control something that the government can't deny us, but I honestly don't know how far that will take us, because bitcoin capital is not physical capital.
But on the other hand, we also need real capital, not fake capital like those shit-tokens printed up by the Federal Reserve. Once upon a time, the US dollar was backed by real gold, which was real capital, with real physical uses, and during those times our economy grew rapidly. Those days are long gone.
I'm thinking bitcoin might eventually allow for honest price discovery in the service economy, and then that would find a market value against the physical capital economy. During hard times, the service prices in bitcoin would stay about the same, but the physical prices in bitcoin would go up. During good times, the service economy would also stay about the same, but the physical prices in bitcoin would do down. Maybe your construction worker, car mechanic, dentist would charge in two prices, bitcoin for the service, and goldcoin for the physical. That other shit-coin, called the US dollar, will either die out, or go down. The thing is, the more they force you to pay taxes in dollars, the more they force dollar regulatory controls, the more alternatives like Bitcoin go up.
To be honest, I know this is treason for some people here. But I like privacy coins like Monero, because it give the shit-coin dollar nuts less ability to track and control.
Fuck this, the USA shouldn't even be in NATO. If we had gotten out of there 30 years ago when we should have, all of the disasters we are having now would have been avoided.
Unions don't work, they are just a cartel in the labor market. For any cartel to last you need to have high barriers of entry, and low alternatives. Unfortunately, a lot of union folks instinctively know that, so they have the government come in and make a lot of high barriers. But that helps nobody, it just makes it harder to get a job.
This could backfire badly.
What people don't understand is that most investors in the US economy, are foreign investors. Lowering interest rates traditionally causes a market boom, but could cause a massive market crash this time because foreign investors would not want to hold US dollar investments are the US financial system destroys the value of the US dollar.
You know, we are so used to living in a world where if I live in this beach house, you can't, if I use this car, you cant. If somebody brings 10 sandwiches to a conference of 10 people, and I stuff down all the sandwiches, I'm considered a major asshole. But information doesn't work that way. In stead of treating the ability of everybody being able to have the same thing at the same time as a threat, we need to treat it like an advantage. The finite resource is not the information, but the people who use, manipulate it, and apply it to create value. In the open source community, copying of code is rampant, yet the market value of those coders continues to go up. Meanwhile, the cost of imposing information controls on people continues to grow exponentially. At this point, you just can't do it without imposing a tyrannical police state. Ourselves, and our society, can not move forward into the information age unless we drop this mentality that information things are the same as physical things.
I really don't think Fukushima was that bad. Over 10000 people died that day, and an estimated 3 have died because of the nuclear power plant. You had a 1 out of 1000 year disaster. It's unreasonable to presume that humans can be prepared for every scenario every time. What happened at the plant was not pleasant, but is probably good enough. I mean, sure, make some simple design changes, that is fine. Live and learn, at some point you need to accept that bad things can happen, and move forward.
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