Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
realr0ach
on 09/12/2017, 22:53:15 UTC
I don't know what your argument is here.  Failure to help the universe limp towards heat death is a human malfunction?  I don't know what you're trying to say.  If there was a benefit in doing what you claim, then wouldn't you, yourself climb into a rocket launched towards space and then set it to explode soon after reaching orbit to spread pieces of Anonymint around and infect as many random parts of the galaxy as possible?  It seemed like you were trying to say there is some type of unified goal of all things to maximize entropy where none really exists.  You're definitely not practicing what you preach here or you would have to impersonate a late stage sun and blow yourself up.

Failure in that context is just what it is, as so defined in my prior post. Fungible systems are long-tail fragile (but near-term antifragile1) because they tend to centralized control. Period. Decentralized systems are near-term fragile but long-term resilient and antifragile.

I’m not inserting a moralistic (universal goal) argument.

1 Credit @CoinCube with pointing that out years ago.

Cryptocurrency either centralizes into complete control faster and more so than anything else, or you just have endless chain forks like bitcoin cash, bitcoin gold, etc (aka altcoins but bitcoin itself is already an altcoin since it's been forked numerous times).  This means there will either be no Schelling point whatsoever and everything dies from diffusion, or the only thing that lives will be federated chains run by the state.  This is why nobody should support anything to do with cryptocurrency.  All roads lead to subsidizing your own enslavement.  And this is why I prefer metals.