Quote from: mobodick on August 05, 2013, 07:15:21 AM

Quote from: Rassah on August 05, 2013, 03:16:08 AM

The problem with this is, it's hard to figure out whom this applies to. We have two groups, Bitcoiners, and Detractors (trolls, SA goons, etc)

The situation could be any of the following:

Bitcoiners are dumb, but think they are smarter than the detractors, and are ignoring the advice of the smart detractors.
Detractors are dumb, but think they are smarter than bitcoiners, and are ignoring the advice of the smart bitcoiners.

I think you misinterpret the Dunning-Kruger effect.
You do not have to be dumb to be affected. It's a relative scale.
The smartest people on earth have problems with this phenomenon.
It simply states that people affected will think they are smatrter than they realy are.
It's about thinking you are smarter than you actually are. It's not about being smart or dumb in an absolute way.
Moreover, you synthetically divide the community into 'bitcoiners' and 'detractors' while it's an obvious 'no true scotsman'.

We have two very distinct groups here: people who like bitcoin and support it, and people who dislike bitcoin and think it's stupid. The group that is indifferent is irrelevant, since it simply doesn't participate. I don't see an issue with the 'no true scotsman' here.
Regarding Dunning-Kruger, I wasn't aware that there was a scale to it. From what I understand, it's just a concept where people who are dumb are convincing themselves that they are actually smarter than they truly are, and reject competing ideas from smarter people as stupid. If you didn't understand the issue I was talking about, let me rephrase it:

Bitcoiners, being involved with a digital currency in many different aspects, believe they understand economics, currencies, and finance. Bitcoin detractors, such as SA goons, believe that bitcoin is actually a stupid idea, and that bitcoiners who support it are suffering from a Dunning-Krueger effect, wherein the bitcoiners have convinced themselves that they are smart about finance and econ, when they actually aren't. In this case, bitcoiners are dumb Dunning-Kruger types, and the detractors that accuse them of such are the smart ones.

Conversely, bitcoin detractors, such as SA goods, believe they understand finance, currencies, and economics, and think that bitcoin is a stupid idea. Bitcoiners think that bitcoin is actually a good idea, and that bitcoin detractors are suffering from a Dunning-Kruger effect, wherein the SA goons only think they are smart about finance and econ, but actually aren't. In this case, bitcoin detractors are dumb Dunning-Kruger types (ironically), and bitcoiners that use bitcoin and understand the related finance and econ are the smart ones.

It's not a question of who is smart and who is dumb. It's an issue of bitcoin detractors, such as SA goons, accusing Bitcoiners of suffering from Dunning-Kruger effects, thinking they understand econ and finance better, when, ironically, they themselves may be the ones suffering from those effects.

As for IQ, it sounds like some of you don't even know what IQ test questions are like. They don't test your knowledge (i.e. you don't need to know algebra, though I knew it since I was 10). You just need to show how well you can conceptualize problems, and how quickly you can process data. A good analogy would be:

A person with a high IQ is like a Quad-Core 3.5Ghz PC. A person with a low IQ is like a single code 1.5Ghz PC. One can process data much faster than the other. Knowledge and skills, on the other hand, is like OS and software. You can stick Windows on the 3.5Ghz PC, and a trimmed-down Linux on the 1.5Ghz PC, and in the end they will both run at about the same speed. The 1.5Ghz PC may even be more capable, depending on software you need to use. So, if you were to sit two people with the same set of skills in front of a logic or concept problem, both will be able to solve it, but the higher IQ one will solve it faster. If you give the problem to an experienced low-IQ person and an inexperienced high-IQ person, the low-IQ person will solve it faster, since the high-IQ person will have to figure it out from scratch. If you give the problem to low and high IQ people who have no prior experience at all, the low-IQ one might never be able to solve it. FYI, I am a lazy bastard, and spent the last two years of highschool getting shit grades and almost never doing homework or studying for exams, but I never got less than a B on tests, simply because I derived most of the exam problems from scratch or bits of memory, instead of studying and memorizing things like my classmates. Out of humility, I'd like to think that I'm not that special, and any one of my classmates could have done the same, but I somehow doubt that.