While I agree with the general sentiment that this requires monitoring and study, the abstract is _very_ tendentious, lays multiple hypothesis as facts and doesn’t provide any measurement or alternatives to their preferred solution.
This isn’t a scientific study, it’s a militant manifesto
Yeah the whole “rationalist” movement is full of those lying fks that use a thin veneer of fallacious logic and self aggrandising discourse to rationalise their hoarding of resources and bottomless greed. They’re very well established in Bay Area and AI world.
The movement itself is consistently aligned with Tech Bros interests, the philosophical foundation is interesting, but the movement itself is quite problematic
Lol you guys are really in a cult aren’t you? You’re implying that journalists should never out people that are too wealthy? Do you not see the massive red flag here?
It’s the logical conclusion to his statement, why should Satoshi be treated differently, given more privacy rights, only because he’s a billionaire? Or do you think that making an exception for him is the logical choice here?
I don't have anything to add that isn't already argued in other comments in this thread. I'm just pointing out that your opinions are not logical derivations.
You still have to pay the interest from somewhere. And presumably you'd need to put the coins into some kind of escrow so that the lender can get their money back even if you conveniently forget your private key.
In this case it's not basic stuff. You would need to prove that you own the actual bitcoin or transfer it for it to be collateral on a loan. It's the same as spending it.
I was replying purely to 'Oh really, there was a vote?'
Most places have votes every few years. And the elected representatives can generally make and amend or keep laws. The candidates can also generally make any promises they wish to make, and if the general public wants some specific laws changed, it's often a good idea for candidates to make that a part of their platform. And if people generally don't want a law changed, candidates tend to ignore them. Basic representative democracy stuff.
They actually need it because the demand is higher than expected from consumers. And because they need a moat since every big corporation trying to capture that market too, they need the moat for the biggest compute and energy they can get.
Also businesses is were the money at, not regular consumers (especially tech-savvy folk who run models locally).
This isn’t a scientific study, it’s a militant manifesto
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