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1701  Bitcoin / Bitcoin Discussion / Re: Wont the amount of bitcoin in circulation vanish? on: October 29, 2021, 08:38:15 PM
...

Even when that problem comes, and perhaps I wouldn't call it a problem, it's just a feature of supply and demand - we would expect the price per coin to increase. Right now there are probably millions of coins that are forever locked away and will not be recovered. The true supply of Bitcoin that could ever be in circulation is less than 21 million. The current price per coin factors in all Bitcoin in circulation, so if some were permanently lost from the supply, the remaining coins in circulation would just increase in value.
1702  Economy / Economics / Re: Reality Check on Crypto on: October 29, 2021, 08:19:42 PM
It's historically not 5% per year, not even close.  The inflation rate over the last 11 years averages 2% per year, and that's including the large increase in 2021.  It's been remarkably stable despite the massive quantitative easing.  And even assuming we used your wrong number of 5% per year, that would still be vastly superior as a currency to one that regularly depreciates 10% in a day.  That's an unusable currency that doesn't allow for any type of long term planning because volatility is a terrible quality for a currency to have.  The inability to plan long term is a death knell for any economy.

Year    Annual Inflation Rate
2011       3.0%
2012       1.7%
2013       1.5%
2014       0.8%
2015       0.7%
2016       2.1%
2017       2.1%
2018       1.9%
2019       2.3%
2020       1.4%
2021       5.4%

Source:  https://www.usinflationcalculator.com/inflation/current-inflation-rates/

Historically inflation for the US has not been this high, but also keep in mind the growth of the US economy, spending, federal reserve liabilities, and ratio of debt to GDP.

The US economic numbers were released recently and the economy is growing at 2 percent with a 5 percent inflation rate. So there is not enough money being generated to even being close to paying off any debt. The currency is going to balloon, compound this with the current labor shortage that exists in the US due to generous unemployment benefits.

2021 was of course unique due to the pandemic so previous inflation numbers won't be good in predicting future inflation numbers because of the permanent economic ramifications of shutting down entire pillars of the economy.
1703  Other / Politics & Society / Re: Why do Atheists Hate Religion? on: October 29, 2021, 07:29:05 PM
Well, if we consider the wise (and technically accurate) words of "Morpheus", "reality is just a series of electrical impulses interpreted by your brain".
Nothing is "improbable": it just hasn't been proved (right or not) yet.

I would agree that reality is just a sense of electrical impulses, so much so that I question whether humans have any free will at all, which would but a dent in any religious dogma. Any series of actions, or inaction, must be fueled by neural impulses, all of which are chemical signals triggered by external stimuli. Chemical transmitter signaling molecules creating our perceived interpretations of reality, and every neural impulse must be influenced by a previous neural impulse. And so the influence of these impulses may not actually happen by "us", meaning we are balls of meat wondering around, sentient, and somehow aware of the stimuli that interact with us.

Not much religion would play into this, of course. We're just here by chance.
1704  Other / Off-topic / Re: Facebook Plan To Rebrand Name To Meta on: October 29, 2021, 07:23:07 PM
I would never use these sort of social media platforms and generate an account to upload my information so it can be input into a data center somewhere and be sold to advertisers, but that being said, Facebook is the only platform that is even attempting to allow free speech. They do a poor job but put in more of an effort, relatively speaking, than twitter does, But they cannot escape their PR woes, and they are trying to combat the calls for regulation of outright censorship of any "inconvenient" speech.

Rebranding "facebook" and their and operating their subsidiaries under "Meta" is an appropriate business move. Letting Facebook take on government regulators and while keeping other entities away from the political flames is smart.
1705  Other / Politics & Society / Re: Why do Atheists Hate Religion? on: October 28, 2021, 09:02:03 PM
Actually, if we take atheism as the rejection of the belief in any deities, I'd say atheism is as unscientific as religion is.
There is a basic rule of science: "Absence of evidence is not evidence of absence".
At that, atheism is just the (wrong) belief that, because science has been unable to prove the existence of any such deities, they just don't exist.

It's also impossible to prove a negative, impossible to prove that something doesn't exist, and it isn't a burden on the atheists to disprove a god, it is on religious followers to prove any sort of higher power.

This is the game that religious believers will play, constantly shifting the burden onto any non-believers, asking them to do the impossible task of proving something that does not exist.

Well, it could be argued that objective morality can ONLY be reached without religion, since a religious person will only be moral for fear of being punished, or because they're expecting to be rewarded.
In any case, the fact that a claim may be "outlandish" doesn't necessarily disprove it.
"If God wanted men to fly, he would've given him wings", was the belief in the early 1900s, against the Wright brothers' "outlandish" claims. Mel Brooks said "He would've given him tickets".

And it depends on how far you'd be willing to consider what is "real" and what is physically improbable. Nothing has to obey the laws of physics if you choose not to believe the premise of physics. Nothing has to obey evolutionary biology if you reject evolutionary biology as a premise. So the outlandish claims in the bible, or Quran, or whatever holy book may not seem so outlandish if you reject certain principles outright.

The burden of proof lies on everybody making a claim. Not being able to prove the existence of something doesn't necessarily disprove it.
Personally, I don't know if deities (or any specific deity) exist, so I believe (without any proof whatsoever) they don't. So I act as if they don't, and follow my own moral compass, without fear of retaliation or expectation of reward.

Well, again, the burden falls on those making the claim of god, not someone rejecting the notions of a higher power who do so on lack of evidence.
1706  Other / Politics & Society / Re: Why do Atheists Hate Religion? on: October 28, 2021, 04:15:02 PM
Weak atheists don't necessarily hate religion. Strong atheists hate religion because the stronger the atheist, the more he can't get away from his atheism religion.


I would say that atheism can be scientific, in the sense that you find the world-model that contains God to be unsatisfactory due to an absence of evidence, or just logically unconvincing. But an atheism that is based on the unproveable conviction that "there is no God", is perhaps less scientific, as it's founded on an ideological position.

My personal position I suppose is that I believe that God doesn't exist, but can't prove it, although the absence of evidence is overwhelmingly strong... but this is a secondary consideration, because I also believe that no-one should worship anything (a deity or otherwise), so even if God was proven to exist, he/she/it shouldn't be worshipped, and religion should not be followed.

Atheism is as scientific as it gets. I'm not inclined to believe that without religion, the world would be a hellish landscape with no true "moral philosophy." That is to say, can objective morality ever be reached, and can it be reached without religion? I think so. And it can be reached through science because atheism is a science based approach to reality, not one of hearsay books or writing, outlandish stories, many of which are physically improbable (or downright impossible). It sounds like you're describing agnosticism, that we cannot prove or disprove God.

But really, the burden of proof lies on the religion fanatics. Considering they impose their religion on so much of their life, you think they'd have some reasoning to believe what they believe. Not just a belief because someone told them so, but actual evidence. Most just use religion as a moral guide or to have a sense of belonging. Not that it would effect anyone, but religion has led to the most pain and suffering in human history. It's possible that all this pain and suffering would have happened anyway, even if it wasn't in the name of god, because let's face it, humans were pretty animalistic before modern moral philosophy.
1707  Bitcoin / Bitcoin Discussion / Re: FDIC Allows Banks to Own Bitcoin on: October 28, 2021, 03:23:00 PM
I'm glad they're making their intentions clear with their intention to regulate crypto activity. Saying the quiet part out loud perhaps, or maybe it isn't so quiet and their full intent to regulate crypto into the crowd so it doesn't compete with traditional assets or USD itself.  The banks can hold BTC as a traditional asset on their balance sheets or use become the middle man in BTC transactions so they can profit from being a facilitator. Doesn't seem like this concept would be attractive to any ordinary Bitcoin user so I'd hope no one would store their coin at a bank.
1708  Bitcoin / Bitcoin Discussion / Re: Why do many people call Bitcoin "digital gold"? on: October 28, 2021, 10:06:55 AM
However, despite us wanting to hold a physical item, modern times are changing quite quickly, most people are becoming accustomed to handling their finances online, where as 5-10 years ago, most people thought of it as insecure.  So, while at the moment people like shiny physical things, it is quickly changing. Several challenging banks are now operating entirely online, and don't even have any local branches that you can go too. Bitcoin will most certainly benefit from this psychological shift in our culture.


It's a bit of a double edged sword because it's hard to make the case to someone that Bitcoin should replace traditional currencies when it isn't a tangible asset. Granted, currencies shifted away from the gold standard anyways so there is nothing supporting traditional currencies anyways.. And, most modern banking is just digital numbers shown as a balance on an account, but the idea is that the number on the screen can be exchanged for physical cash. With Bitcoin, there is no such concept.
1709  Economy / Economics / Re: Time to foot the bill on: October 27, 2021, 03:30:18 PM
Government shouldn't be the ones that increase salaries. The private sector houses most jobs anyways, so if the government wanted to, they can increase the salaries of any governmental employees. If inflation rates outpace growth, the solution isn't to have more government introduce pay increases, its on them to lower the inflation rate that they caused to increase in the first place. It ends up being a never ending cycle of government interventionism which wouldn't be a problem if they stopped injecting so much money into supply.
1710  Bitcoin / Bitcoin Discussion / Re: What the government expect from bitcoin legality? on: October 27, 2021, 02:12:38 PM
Does the government want to get involved in this investment as an alternative to their desire to generate wealth for the individual or the country?

No, governments have all the wealth they need, they can generate wealth themselves by increasing taxes on its citizens, or simply creating more currency out of thin air. They don't need any extra wealth as long as they have financial control over their citizens, so Bitcoin acts against their interest. El Salvador adopted Bitcoin because their economy wasn't doing well to begin with, so it's not as if they had much power to begin with.

US and China have large economies and have propped their own respective currencies up, on the other hand. Their idea of "generating" wealth involves increasing the money supply.
1711  Other / Politics & Society / Re: Do you trust the co-vid19 vaccine ? on: October 27, 2021, 01:34:45 PM
For all the discussion of vaccinating children, which 99.9 percent do not need, I'm shocked to learn the FDA has actually provided a figure for the prevalence of viral antibodies against Covid.

https://twitter.com/YangTexan/status/1453147657183105025/photo/1

That figure is 42 percent, apparently. Over 4/10 children in the US ages 5-11 have natural immunity against Covid. To date, CDC states less than 600 children, under 18 total, have died from Covid. This is millions of infections, clearly many asymptomatic, and far less of a death rate than what most page demographics have when vaccinated. It doesn't even appear that the FDA is sure of the vaccination protocol yet. Looks like they are wanting to do one dose to prevent side effects.
1712  Other / Politics & Society / Re: Coronavirus Outbreak on: October 27, 2021, 10:39:43 AM
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There were clear spikes in Jan. 2021 when most second waves either were subsiding or in other cases just beginning.

And there's always a lag in deaths regardless. It takes weeks for someone with a severe covid case to die, so where there might be a spike in cases in late december, there would then be a spike in deaths about 2-3 weeks later. Also, Covid only represent a small portion of total deaths for EU countries when compared to every death statistic. Natural deaths surpass Covid significantly, so there isn't going to be such a pronounced bump in the death charts.
Wat a year of lag before death? Did a parasite feast on part of your brain?
There is no excess dead in all of 2020 worthwhile to speak of. The early in the year spike is a yearly occurance. What is not normal is the pre winter spike vissible now, that is the dead from vaccine spike. Destroyed immune system, blood cloths, more to come lots been shot and are fatally wounded in the great covid war.

First of all, there was a bump following 2020 which coincides with the initial outbreak and you clearly see the second wave that hit most countries in Dec. and Jan. of 2021. There wasn't even a vaccine at that point, so you'll need to find something else to blame it on other than Covid. The part you highlighted is for 2019 which is why there is no noticeable spike in deaths. The normal winter spikes don't account for the spike that you see in March/April of 2020. And to me it looks like the winter 2020/2021 spike is more pronounced, but I don't have the data, I can only go by the low resolution photograph. So how do you explain the March/April 2020 spike?

And no, I've been taking my daily turpentine solution so I do not have any parasitic viruses in my brain.
1713  Other / Politics & Society / Re: Coronavirus Outbreak on: October 26, 2021, 07:56:05 PM
...


There were clear spikes in Jan. 2021 when most second waves either were subsiding or in other cases just beginning.

And there's always a lag in deaths regardless. It takes weeks for someone with a severe covid case to die, so where there might be a spike in cases in late december, there would then be a spike in deaths about 2-3 weeks later. Also, Covid only represent a small portion of total deaths for EU countries when compared to every death statistic. Natural deaths surpass Covid significantly, so there isn't going to be such a pronounced bump in the death charts.

There are clear spikes in the flu and pneumonia, as well. They overlap the Covid spikes, and the CDC stopped reporting on them because there were so few of them (flu and pneumonia spikes). Lol.   

 Cool

And you are so sure of this, because Covid is fake obviously. Whether you believe it to be the flu, pneumonia, or Covid - it was something. And the chance of a severe influenza strain when the H1N1 pandemic was the worst of influenza aside from the original Spanish flu is pretty low. Millions of deaths, that isn't just a bad influenza strain, that is something new. And even if you don't believe that, again, you would need to concede that something is causing the excess deaths. Unless, you want to go so far to to suggest the government is randomly whacking people to inflate the death statistics  Wink
1714  Other / Politics & Society / Re: Coronavirus Outbreak on: October 26, 2021, 06:49:31 PM
...


There were clear spikes in Jan. 2021 when most second waves either were subsiding or in other cases just beginning.

And there's always a lag in deaths regardless. It takes weeks for someone with a severe covid case to die, so where there might be a spike in cases in late december, there would then be a spike in deaths about 2-3 weeks later. Also, Covid only represent a small portion of total deaths for EU countries when compared to every death statistic. Natural deaths surpass Covid significantly, so there isn't going to be such a pronounced bump in the death charts.
1715  Other / Politics & Society / Re: Is the world safe from the threat of the corona virus? on: October 26, 2021, 02:25:15 PM
Yes, it's been safe, especially after you've been vaccinated or already got the virus and survived. Absent of a vaccine or natural immunity antibodies, I wouldn't stay coddled over a virus with a 99 percent survival rate. And if you are concerned, know that most people around you have probably already been infected, so there's a level of herd immunity that might keep you protected. And anyone serious will tell you that SARS-Cov-2 is a virus that will be endemic, constantly mutating creating waves and spikes just like influenza.

Only people that act like Coronavirus isn't over tend to be the quadruple vaxxed that mask before stepping outside, which for them, it'll never be over.
1716  Other / Politics & Society / Re: Herman Cain Awards on: October 25, 2021, 06:42:46 PM
I've viewed this community before, bunch of sick and demented leftist celebrating death of those that disagree with them. It's not about Covid, these people believe anyone that disagrees with them are the enemy, akin to modern day Neo nazi's, and therefore their demise must be celebrated with joy. They consider anyone who might not want to take the vaccine for whatever personal reason "anti-vax". If someone might believe they're not a good fit for the vaccine for medical purposes or concerns about long term effects, this makes them anti-vax. And apparently being against masking, which has been useless, especially against the delta variant, now means you're anti-vax.

And btw, blacks and hispanics by are the most likely to be unvaxxed. So they'll only celebrate your death if you're white. Only exception to this rule is if you're a conservative.

1717  Other / Politics & Society / Re: Is the World in the Beginning Stages of World War 3? Are you #prepped? on: October 25, 2021, 03:22:51 PM
Can anyone really prepare for a WW3 in the age of nuclear technology? Maybe you could purchase a bunker, but in combination with a nuclear winter, there's not really a point. So really what's most probable is a replication of the Cold War. China, Russia, clear allies, against the US, India, UK, and France. Wonder how the economies will operate during such a stalemate of nuclear proliferation? In the best interest of the world for no one to launch the first nuke, so just decades of tension to amount to nothing (thankfully), that is if any sort of war were to break out at all.
1718  Economy / Economics / Re: Former President Introduces Reason Behind Crypto Crackdown on: October 25, 2021, 09:45:38 AM
The real reason - https://www.npr.org/2021/10/18/1046945534/chinas-economic-growth-weakens-amid-construction-slowdown

China's economy is becoming unstable and they're having trouble growing. If China's economy falls, that's going to send the global economy into the gutter for some period, who knows how long. This is as most economies are already trying to recover from Covid. Just a desperate and failing attempt at trying to regain control of the inevitable downfall of the Chinese economy.
1719  Other / Politics & Society / Re: Do you trust the co-vid19 vaccine ? on: October 24, 2021, 02:24:25 PM
New Zealand PM openly proclaiming, with such glee and ostentation, that she is trying to create two classes, one for the vaxxed, one for the unvaxxed.

https://twitter.com/disclosetv/status/1452249617291153417

And this is how closely the grip of liberty is lost, it only takes a virus with a 99+ survival rate, given a healthy immune system, and your decision to not get vaccinated will force you to become a second class citizen. All in the name of safety.
1720  Economy / Economics / Re: Really, why bitcoin has this value? on: October 23, 2021, 06:03:45 PM
...

How are you defining currency value? Currency value is relative but individually the inflation rates are not necessarily a monolithic which is going to cause currency to lessen in value. Japan's inflationary period was generally isolated many years ago, during the 70's the US had their own inflation problem but post Covid all fiats took a hit because of the jumbled economic response with lockdowns and such.
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