My response to a friend asking about Bitcoin.
I read hacker news quite a bit, and the general consensus among tech people is that crypto as it exists in most current forms is just a scam. There are crypto supporters, who generally are bordering on religious fanaticism, but they are a small minority.
The core issue is that crypto, like it’s retarded brother NFTs, has absolutely no underlying value.… read more “Bitcoin, Crypto, and NFTs are a Ponzi Scheme”
Why are we still doing education the same way it was done in the 1880s? The best technology in the 1880s was books and classrooms led by a professor. Our universities today look identical to that.
Now we can build a university online where every lesson is taught by the absolute best teacher in that one narrow area.… read more “Higher Education”
Citizens should not be able to vote in an election unless they watch a ~15 minute online video speech by each candidate. Perhaps there should be verification that they paid attention, either by administering a 3 question basic quiz of what the candidate said (probably put together by the candidate?), or by facial verification.
Hopefully this would remove the name recognition component of elections and remove the Bushes, Clintons, Trumps from power.
Women having long hair is an artifact of sexism.
My wife insists our daughter should have long hair, but she hated getting it combed out as combing is painful. I told my wife we should shave her head. My wife disagrees.
Women with long hair are easier for men to control as a man can just grab a handful and drag a woman around.… read more “Sexism”
Politicians are directly controlled by special interests. This is why we have John Deere using copyright laws to stop farmers from repairing their tractors, Intuit using tax law to protect it’s expensive software, and patent trolls using abusive patent laws to extort entrepreneurs.
I am a libertarian, and founded and still run a company with 200+ employees.
VCs destroy capitalism. They force out founders and install hired guns. The VCs and their hired guns break the promises made by founders to their stakeholders. They put insane pressure on growth at all costs. All business ethics are abandoned.
Dave Chappelle is easily the best comedian of all time. The new special shows it. Twitter sucks. Cancel culture sucks.
Posted the above after seeing a bunch of negative articles about the special. But then I went to the clickbait New York Times article that tries to make it seem like there is a major controversy here.… read more “Watch Chappelle’s New Special”
Adam Smith said that to have an efficient free market, there needs to be perfect competition. Perfect competition is when all parties are free to transact or not transact as they please and information on prices is clear to everyone. Perfect competition is the best possible scenario for consumers (you and I, our families, and our friends) because it means we always get the best value for services and goods we buy.… read more “Free Markets Need Perfect Competition”