That’s a revelation as mind blowing as noticing people against drugs tend not to consume them. Only crypto folks seem to think skin in the game is a prerequisite for criticism and objective discussion.
Do you need to own other humans to form an opinion on slavery? Do you need to eat meat to form an opinion on being a vegetarian? Do you need to be in Congress to opine on its dealings? Why is cryptocurrency any different?
I’m responding to your very clear subtext, by the way.
What a weird opinion to hold in a society totally dominated by incentive. Serving yourself is the entire point since we have structured nearly all of human existence around incentive instead of command. Discounting the argument that it would help the poor (objectively) because it helps the person making the suggestion is like being angry at the sky for being blue. The incentives produced the outcome and should in no way surprise you.
That’s why people who act selflessly are notable. You’ve got this backwards. Selflessness is notable. Selfishness is par until all of Maslow’s is handed to you free of charge. Noticing someone is advocating for an improvement to their situation, even disingenuously, is equally pointless with that in mind.
People do things in their interest because that’s how we have built human civilizations that pay any respect to the concept of freedom. If the suggestion benefits others, maybe go with it? Or build a civilization where everyone can be selfless all the time and have no self-serving motives; that sounds pretty great until you get to the “how to direct an economy” part of the equation.
“Basically the same bridge” is such a hilarious oversimplification that it makes your blame of the Federal Reserve even more amusing. No, absolutely no improvements in engineering, materials, process, or design in sixty years. No added overhead for environmental studies and other regulations. It’s all the Fed.
Hacker News discussing economics is like arguing geopolitics with someone on peyote.
Do you need to own other humans to form an opinion on slavery? Do you need to eat meat to form an opinion on being a vegetarian? Do you need to be in Congress to opine on its dealings? Why is cryptocurrency any different?
I’m responding to your very clear subtext, by the way.