Because there are no dollars involved. If they do as you suggest, at the start:
A holds gold.
B holds dollars.
C holds oil.
A trades B, gold for dollars. A holds dollars, B holds gold.
A trades C, dollars for oil. A holds oil, C holds dollars.
After your suggested trade result:
A holds oil.
B holds gold.
C holds dollars.
If there is no "middle man", party A gets oil, party C gets gold. Party B keeps their dollars. End result:
A holds oil.
B holds dollars.
C holds gold.
Assuming "B" is USA, USA doesn't get to export its inflation/funding for stimulus checks/student debt/pension crisis/(or in trump era - a wall that does nothing) away to "C", whoever that ends up being, meanwhile, Ghana gets the oil it wants, and "C" gets currency without having to pay for the choices of politicians they have no control over.
> What does matter: the NYT's decision to focus skeptical reporting on tech as an "important power center" sure seems to have been vindicated.
So in effect the NYT which have been an "important power center" of American media since the 1800's, decides that another entity that comes along with too much power needs to be "taken down a peg".
Its a power play to discredit a new entrant into a business sector that threatens the inheritors of the incumbents.
So call it vindication, but its only in the same vein of a third generation monarch trying to quell threats to his inheritance. But to that perspective I agree, its definitely the correct power move to keep threats from taking away the power one inherited.
> Twitter’s already headed down the uncool social media curve like Facebook before it. There will be an exodus, but it would have happened either way.
Once the parents get on, it starts the decline. When the grandparents are there…
> The “political” polarization is part of it. The older folks bring it with them. The majority flock to sites for information and escapism. The back and forth is just exhausting.
> It’s clearer for geek sites. Slashdot died when it got corporate and the content went to crap. Digg was the same. Reddit’s in process except niches. It’ll be same here.
> For everything there is a season.
What you sound like:
Yes and there shall be an exodus from the Twitters.
The parents shall come in, then the grandparents shall follow. Once those generations arrive the decline shall start. Not before. Not long after. But right after the grandparents, whence they arrive.
The polarization shall induce the decline. This wrought on by the older generations. And this is when the majority shall flock to sites for information and escapism.
Just as Slashdot, and Digg, declined before it, so shall the Twitters decline as well.
For everything, there is a season.
---
With your prescience, you must be a billionaire. Why don't you just buy Twitter off of Elon?
> My belief is that public forums with reach into the tens or hundreds of millions are fertile ground for nationalist and genocidal movements, and they will be used for that purpose if it is not actively prevented.
Yes, we must crush all opposition so your side can have absolute power!!!
Let them speak?
Not one chance, where shall you draw the line? Where only your side wishes to draw the line, of course. Perhaps, the only choice then is to crush the other side, for if you don't they will use the forum for "nationalist and genocidal movements". So you see, they must be eliminated in their entirety. Wiped from the existence of all forums, wiped from participation in establishing truths. Or maybe, since they always seem to find support, always seem to find people willing to fight for the rights they represent, always seem to come back when you try to silence and silence and silence every mouth that exists, instead of repeatedly ineffectively trying to suffocate a voice that wishes to speak, maybe what you need to do is to eliminate them all, all of them from existence. This is the only way you will ever prevent genocide.
> Reddit has hundreds of millions of users and millions of subreddits. HN is probably fairly comparable to a mid-sized subreddit
Yes, since you're going to bring up a generalization in my argument in order to dismiss the whole thing, let me clarify it with more words than would have been acceptable in the first post. There are free-speechly(for lack of a better word, since liberal means authoritatian these days) run subreddits as well authoritatively run subreddits. Hacker news is like a free-speechly run subreddit with moderation to reduce spam but not opposing viewpoints. A whole universe of subreddits out there. I should have been more careful to keep my argument less leaky, but largely most mainstream subreddits suffer from an ideology protecting regime.
Well run or not is not, that's a matter of opinion. You probably think those reddits you defend run by authoritarian reddit mods who believe in silencing "viewpoints dangerous to the reputation of their ideologies" is well run. I happen to think it approaches the fervor, passion, hope, zeal, and spirit of the third reich.
What are these ideologies? Ive already mentioned one. Communal vs Capitalistic beliefs. Reddit moderating is a job for people who believe in contributing to the community, and thats a good thing inherent to human nature, but a gaping flaw when we move so far past dunbars number that it wouldn't even register when looking at the whole. These very good ideological beliefs thus left unchecked in an environment it wasn't meant for transforms into the thing we see today where communal maintainers feel threatened by non-communal actors and often take the dark side of abusing their power to maintain order through authoritarian means. A complete removal of discussion of outside ideas because they threaten an ideology that only works when everyone plays along.
I'm not here to discuss that topic of communism/capitalism or any other "ideologies" though. Just here to point out that the rules that govern the system self selects personalities that gravitate towards ruling through certain means. That's the "conspiracy" that is observable in real time.
Chicago is slowly dying by self imposed policies. Cue in guy shoving stick into bicycle wheel then holding shin meme. Chicago is a great city and everything you mentioned is completely avoidable. But again, its shoving a stick into its own wheel, quite intentfully at that.
Good news is they do exist, and manufacturers do make them even if they are prohibitively expensive. If you want it enough you can actually pay to get it made and shipped to you, which is better than not having that option at all.
Other forums do not suffer from this particular political lean. Reddit mods in particular are known for authoritarian ban hammering because its the only way to quiet ideas that go against their worldview, and they often approach it as a holy war that they should control the information that is visible to the public eye so they can protect the public for them, and that the public themselves are unable to decide what is right or wrong by themselves. Political discussion is often so skewed on reddit the term hive mind is not only a term used to describe the website userbase, but also observable in real time.
Hacker news doesn't suffer from this, thankfully, the moderators do not think its appropriate to manipulate or outright silence any viewpoints dangerous to the reputation of their ideologies. Which is why we're allowed to have these types of discussions here in the first place. On reddit, however, I have written statements that have been moderated away I presume "for the safety of the public" as if the public could not decide on its own. Don't assume that everybody on the planet agrees with that kind of sentiment. Go out there and talk to your right wing nutjob friends. They have differing opinions. Just because you don't see them on reddit doesn't mean they don't exist, nor that they are not normal people with normal opinions either.
You can label it a conspiracy theory if you want. But that doesn't eliminate the presence of the facts from which the conspiracy theories have arisen, nor does it eliminate the the presence of covered up removal of those facts for the sake of engineering truth.
You are just unaware of the world beyond the veil of your lived experiences. But it doesn't help that your emotions are so tied to your defense of your ego.
Because injecting billions into a corporation so they can compete with overseas companies after the fact, is more feel-goody than removing the policies that made corporations move overseas to begin with.
Generally anything that does not fit the ideologies of a typical reddit mod, and yes they will have certain belief systems, as most people do not have the time or desire to be moderating even for a few hours a day for no monetary rewards, which the average reddit mod sort of needs to have.
This is why reddit leans heavily socialist/communist/anti-capitalist (moderated by people who believe moderating for free is more important than a real job).
Its a rabbit hole to dive into, but once you dig deeper you realize just how much political manipulation is occurring, not just in reddit mind you.
I agree with this sentiment. Health studies are basically an oscillation between different diets these days. I never know when a new study will come and debunk yesterday's fad diet.
Network protection, network adoption, stability, and decentralization. Not only that, with lightning, its has unparalleled speeds of transactional finality compared to a legacy system that relies on centralized databases and is still slow af.
Its innovations are the only ones that actually matter in the entire crypto space. All other cryptos are basically sticking spoilers and rims on a car and calling it an "innovation".
No, that's not an "innovation", that's just changing a few letters on a lower quality, more fragile, more defective product, making it spin faster and shinier, sprinkling it with technical gibberish and buzzwords, then marketing that as the next bitcoin. No.
Bitcoin was the innovation. Your cousin's off brand crypto? Thats just a scam.
Not as quickly as your politicians are.