mitigatedchaos

ranma-official

Source: diarrheaworldstarhiphop the invisible fist

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argumate

reading up on the Ethereum / DAO hack and good lord is there some bad code out there in the world

jbeshir

“But what if there’s a bug and my code doesn’t do what I intended, letting someone take my money via means I didn’t expect?”

“Well, then you deserve to lose your money for your poor decision-making. Plus all the benefits of a process beyond human influence are worth making it so human judges and laws and fuzzy ideas of fairness can’t fix things. Besides, those fuzzy ideas do more harm than good.”

“There’s a bug in your code.”

”Okay, so let’s do a soft fork of the network in the short term to prevent the money from being spent, get the exchanges to freeze withdrawals, and then review what code changes we can make to give the money back to its proper owners.”

(This is a Plato’s chicken thing; if they truly deferred to the concept of ownership they’ve encoded into the software, the reaction would be “Yes, it’s the hacker’s money now, what of it?”)

Good ol’ fiat currency with fiat decision making remains the most reliable way for anyone with any grasp of the bounds of their own rationality, anyone who thinks the concept of an “unconscionable” contract has some value to them, to keep a balance.

argumate

Geeks love technology problems and hate people problems, so they try and convert every people problem into a technology problem.

Money is inherently social, because it’s merely a system for keeping track of how much you owe each other. Taking people out of the equation renders it absolutely useless, as the whole system only works by mutual agreement.

tl;dr bitcoin sux lmao

the invisible fist

kissingerandpals-deactivated201

mrthugisolation:
“lol i bet this is a exhilarating read
”
Honestly, these sorts tend to overestimate the degree to which marketers are just being desperate.

Source: mrthugisolation the invisible fist gendpol queue

“Capitalism with a Human Face”

shtpost politics the invisible fist

the-grey-tribe

You Can’t Have It All (even in communism)

thathopeyetlives

In past ages, communists, socialists, and anarchists were usually reacting to a world in which resources were scarce in general as well as in specific and in which the situation of the poor in general was one of miserable deprivation. Meanwhile, the future potential of automation and robotics – machines which might not merely reduce the amount of work that needed to be done, but largely eliminate it – was not really visible.

Today things are… different.

It’s pretty common that I see far leftists more-or-less promising the following after a Revolution:

1. That it will no longer be neccessary for everybody to work, and moreover that people will be permitted not to work, and yet to have enough to live on, without needing to justify not working to anybody.

2. That industry will change to vastly decrease damage to the enviroment

3. That material quality of life and industrial capacity will not catastrophically plummet, especially not in things like medical technology

I think that this is… very optimistic. The kind of optimistic that no wise person would ever bet on.

Some far leftists claim that communism is more efficient and will do better than capitalism. This is unlikely. The Soviet Union did great things – industrializing rapidly after everyone else had a head start and after having the Nazis burn half their country – but they were just catching up to others, and they were oppressive, enviromentally destructive, and didn’t let people not work by any means. It didn’t last.

(However, in the post-Stalin soviet union, there were some labor rights that would make Americans drool.)

If you combine this with confiscationism and the intersectionality thing where anybody’s position in the grand hierarchy of justified people can be questioned, you have a nightmare: a society that continually eats itself, finding new classes of “bourgeoise” and kulaks and “counter-revolutionaries” to force into slave labor or just murder and loot, so that the Beautiful People can have their gleaming solarpunk utopia and their communism of leisure.

I do not wish to suggest that I intend to be the enemy of hope; our current system is unjust and needs to be reformed. We can reform it in a way that will turn automation from a curse into a blessing, and which will improve peoples’ lives now and in the future. But this will not be revolution but counter-revolution, and will have no place for bloodstained red flags.

rendakuenthusiast

Endorsed.

Source: thathopeyetlives politics the invisible fist mostly endorsed the red hammer

argumate

“Movies will be free after the revolution!”

Movies take the work of hundreds, sometimes thousands, of people. How will we decide where to allocate our resources for the best results?

shlevy

Centralized committee!

argumate

Yes! The State Administration of Press, Publication, Radio, Film and Television smiles upon you!

mitigatedchaos

shtpost visual shtpost the mitigated exhibition what even is this blog the invisible fist the iron hand the red hammer

the-grey-tribe

argumate

the idea that Trump/Brexit are purely a racism thing disregards the angst about globalisation that is taking place across the globe, not just in Anglo nations.

sure, people are racist, that’s unsurprising, but people are also exposed to economic dislocations without any sugar coating justification or vision of a hopeful future to come, it’s no surprise that they react with fear and anger.

Source: argumate politics the invisible fist

argumate

Now I’m wondering what if students could spend student loans on other things, like starting businesses.

voxette-vk

So you’ve come around to the radical libertarians calling for voluntary slavery?

argumate

Just highly suspicious of the American student loan system! Like most American institutions it seems to neatly combine the worst aspects of socialism and capitalism. Why not just have regular loans (allow bankruptcy etc.) or just socialise the system entirely like a sensible country??

mitigatedchaos

The money must be laundered through the private sector to prove that it isn’t Socialism™.

Nevermind that either doing it in a more capitalist, more socialist, or just straight-up better national centrist way would be more effective.

American dysfunction politics the invisible fist

ＰＲＩＶＡＴＩＺＥＴＨＥＳＵＮ

shtpost the invisible fist

bambamramfan

@flowingblades replied to this thread with

the government has not given each person the regulations to look at and sign

That’s not an argument about the complexity of the regulations, just their imposition by force.

Which, you know, some things the state makes us do and support are genuinely cruel and stupid. But other things are like… don’t murder. No I never willingly signed away my right to murder, other people chose that for me. I don’t really blame them.

Plus, you know, good luck getting internet, traveling via plane or a car you bought, or getting healthcare without signing ridiculously complex contracts and EULA’s. So you can’t travel, can’t connect to the mass of humanity, and will get sick and die, unless you accede to things that ~~you haven’t~~ are difficult to read. This isn’t that different from “choosing” to be in jail.

You should have a position on the question of “are byzantine technical details understandable by the average citizen, and should we expect the citizens to know them?” That position should be consistent whether they are byzantine details brought by the government or by companies you do business with. Otherwise you’re just making up any clever argument you can for the side you favor, which yes is very possible to do you are very smart, but is pointless and you’ll never learn anything or convince anyone.

the invisible fist

argumate

what I’m trying to do is end the dominance of capital over all our lives, end the endless wars for profit, the system of white supremacy and settler colonialism that has resulted in generations of suffering, and end the actual destruction of our ecosystems. and since the only alternative to capitalism is communism,

I see this conflation all the time and I’m compelled to be bugged by it every time.

There just haven’t been that many wars for profit lately relative to historical standards, the ideology of white supremacy has little to do with adoption of capitalism across non-white nations, settler colonialism is orthogonal to all of these issues, and destruction of ecosystems is a side effect of industrialisation and ballooning population growth that needs to be addressed in similar ways regardless of economic system.

politics the invisible fist the red hammer

LMAO RIP IN FUCKIN PIECE

THERES MORE

So the ether whales, in triggering a flash crash, fucking murdered two morons who LOST EVERYTHING in their amateur trading habits

POWERUPDATE:

THESE TWO WERE PART OF 800 (maybe more) RICH, BLUE WHALE INVESTORS WHO GOT FUCKING OBLITERATED WHEN SOMEFUCK WITH FAT FINGERS ACCIDENTALLY SOLD DOWN $3 MILLION OF ETHEREUM, TRIGGERING A CASCADE OF AUTOMATIC EMERGENCY STOCK DUMPS, ALL THE WAY DOWN TO TEN CENTS PER ETHEREUM

LITERALLY CRYPTOCURRENCY HISTORY ON PAR WITH THE HACKING OF MT. GOX

That $320,000 worth of ethereum just sold for $100

5 minutes later, the price is back to $300 and your $100 of ethereum can only buy you back one third of an ethereum.

See, that’s what the app is perfect for.

LMAO RIP IN FUCKIN PIECE

THERES MORE

So the ether whales, in triggering a flash crash, fucking murdered two morons who LOST EVERYTHING in their amateur trading habits

POWERUPDATE:

THESE TWO WERE PART OF 800 (maybe more) RICH, BLUE WHALE INVESTORS WHO GOT FUCKING OBLITERATED WHEN SOMEFUCK WITH FAT FINGERS ACCIDENTALLY SOLD DOWN $3 MILLION OF ETHEREUM, TRIGGERING A CASCADE OF AUTOMATIC EMERGENCY STOCK DUMPS, ALL THE WAY DOWN TO TEN CENTS PER ETHEREUM

LITERALLY CRYPTOCURRENCY HISTORY ON PAR WITH THE HACKING OF MT. GOX

That $320,000 worth of ethereum just sold for $100

5 minutes later, the price is back to $300 and your $100 of ethereum can only buy you back one third of an ethereum.

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You Can’t Have It All (even in communism)