James

commerce connoisseur & skeptical optimist #Bitcoin nativist = using native properties npub1yvs5uwmajm5u4qv6jqckyka69k9f4p6nucsfefhmln37l8k7vnjsyfyp38

[James @jwsuth]

@ourtown2 This is effectively the same argument. The reason it is always the same incremental improvements is because these are the tools available in the basin. A new proof structure cam open up a new basin, and with it new tools.

[James @jwsuth]

@ourtown2 Yes we often have well defined problems but limited tools. Then elsewhere (generally abstractions) we have powerful tools but ill defined problems. Suitably stating a problem to access the powerful tools can work well. Difficulty remains, but shifts to precise problem definition.

[James @jwsuth]

@ourtown2 Thanks. I ask because one of the more successful approaches, Delinge’s, involved transporting some more abstract: positivity. It was surprisingly successful and showed that we really do have options about what to transport and they have different strengths and weaknesses

[James @jwsuth]

@ourtown2 @BobMcElrath What are you transporting, or proving cannot be tranaported? There are various options for what to transport depending on the the way you approach the problem.

[James @jwsuth]

@ourtown2 @BobMcElrath Haha yes thats the point. If we did know the missing law, at a minimum it would grant us a new computational tools

[James @jwsuth]

@ourtown2 @BobMcElrath What is the missing law?

[James @jwsuth]

@BobMcElrath A RH proof will likely introduce a new way of thinking about the interaction between discreteness and continuity, which would open doors to a vast array of mathematical and engineering advances.

[James @jwsuth]

@SamCKx @bittybitbit86 Note for an apples to apples comparison with the family benefits example, I'm assuming the £125k wage is the sole income for a family. We don't have the complication of additional benefits income in this case as the single earner's family is not eligible.

[James @jwsuth]

@SamCKx @bittybitbit86 Assuming this premise, what the plan? Taxes on wealth have so far caused an exodus of wealthy asset owners whilst simulaneously squashing less mobile sources of wealth: a top 2% earner (£125k) now makes 3.5x min wage in take home pay or about 1.7x a typical family on benefits.

[James @jwsuth]

@WalkerAmerica British constitution so old its an unwritten constitution

[James @jwsuth]

@BobMcElrath How about guving us a thematic hint - eg is there a school of thought or precursor theory you are extending?

[James @jwsuth]

@AnonYmo65967950 @BobJones46x @PeterMcCormack @AaronBastani At which point in the wealth spectrum does the inequality live?

Currently top 2% earner (£125k) earn about 3.5x minimum wage in take home pay - which seems pretty flat.

[James @jwsuth]

@Vladcostea @QUAKEjournal @skijack90 Presumably you would also be honest that ZCash pumping was nothing to do with current privacy use cases. Coins are bets on future adoption & get blown backwards and forwards by narrative winds. Bitcoin still clearly more likely than anything else to have some sort of adoption.

[Jebus @Jebus]

The inflation narrative is short hand.

It’s not about hedging against 3% yearly inflation or even 1 time 30% spikes

It’s a hedge against *the* inflation. The big one where your whole nation gets fked

And it has proven that use case a few times globally

[James @jwsuth]

@AshKhanvilkar @Layo_FH This is actually a sign of the weakness of proportional representation - some politicians are not elected by the people. W Manivannan was assigned a seat by the Green Party under the Additional Member System which allows them to allocate seats based on vote share.

[James @jwsuth]

@malcolm_reavell @Rationalityokay Its a bit of a semantic argument though. Theres no credit risk because it is transmuted into asset value risk. Having a big Ctrl-P button which shifts risk to another bucket doesnt get rid of risk.

[James @jwsuth]

@AllMeArse @Stephenh61 @Frencheconomics Currently a top 2% wage earner (£125k) earns 3.5x minimum wage in take home page.

Is this not flat enough already?

[James @jwsuth]

@tomfgoodwin Yes there's a meme in the UK that we live in a hugely unequal society.

Yet a top 2% wage earner (£125k) has take home pay of only about 3.5x minimum wage. That is incredibly flat.

The unequalness is between a few thousand people and the other 65 million.

[James @jwsuth]

@ZoeJardiniere Currently a top 4% salary (£100k) is just over 3x the take home pay of a minimum wage earner. Seems pretty flat.

Are you describing another country when you note obscene wealth inequality?

Or is it that you are concerned about the gap between a £100k earner and a billionaire?

[James @jwsuth]

@EricBalchunas Now do tether....