@sassal0x Good argument but I have reservations.
While other metrics support your view, price is ultimately what defines the top imo, so Nov 2021 takes it.
Saying it wouldn't have happened without 3AC/SBF is like people saying Mar 2020 recession wouldn't have happened without COVID.
@wclemente@CryptoCred To borrow a term from biology, it's like exaptation. Bitcoin is ready to adapt to whatever function the environment demands.
https://t.co/09dIJjgOty
@LynAldenContact Healthy society is one prong.
Remember your virus thought experiment.
Humans are volatile and it seems infeasible to eliminate the tail of extremes, eg emotional outbursts or psychological disease. Having destructive tools enables the low chance, high consequence scenarios.
@LynAldenContact Always thought economics is non-scientific, or a weak science at best, due to limitations to experiment and falsify hypotheses.
Still, while the lower disciplines theoretically reduce to their constituent mechanics, they are useful for studying their own emergent phenomena.
@pseudotheos If bitcoin is antifragile as hoped, it should be able to undergo bony remodelling as pressure is applied through osteoclast/osteoblast creative destruction a la Wolff's Law.
Bone is certainly resilient, but it is still an organic structure.
@_mcderpy@francispouliot_@LynAldenContact@esixtyone Yep, he contradicts himself being grateful for his ancestor's wealth being passed, then saying he is 100% self-made.
We don't make ourselves, our environment and caregivers significantly form who we are.
His ad-hominem reply seems to suggest he has no good argument left.
@MachiOtah @HighwaterKyle @ljin18@MichaelTant3 You seemed to raise the point that we are biologically evolved to preserve our own DNA.
I assumed your argument is that therefore it is natural and either a) unavoidable, b) morally good, or both.
I contend evolved behaviour is not always moral and we can act against the urge.
@MichaelTant3@ljin18 I think effective altruists and utilitarians may disagree.
Your own emotions and empathy aside, the goal would be to maximise the achievable good from wealth, regardless of your personal connections to the beneficiaries.
This distribution may be strange, but seems rational.
@MachiOtah @HighwaterKyle @ljin18@MichaelTant3 Even acknowledging evolution, just because it is natural and how we instinctively behave does not necessarily make it how we should strive to be.
We have cognitive ability to override innate desires.
A cohesive humankind POV seems preferable to division and tribalism.
@nic_carter Any theory can remain intact in the face of disconfirming evidence if enough connecting beliefs are also tweaked, a la WVO Quine's web of belief.
When confirmation bias is involved, this shouldn't be too surprising.
@LockD02 @Elwyn65436335 @PeterMcCormack@Breedlove22 @MacroMarketBets Ad hominem - what if the thief is right?
The argument should be considered on it's own merits, not by who makes it.
@LockD02 @Elwyn65436335 @PeterMcCormack@Breedlove22 @MacroMarketBets Immanuel Kant may have agreed with you and argued if theft were universalised society would fall into ruin.
A utilitarian would disagree, and in each situation weigh the resulting positives and negatives.
I think both are important - theft is mostly (but not always) wrong.
@LockD02 @Elwyn65436335 @PeterMcCormack@Breedlove22 @MacroMarketBets "Stealing is wrong" begs the question, how do you justify this statement?
As much we may dislike complicating things, the reason philosophical debate is unavoidable is because people disagree on these fundamental principles.
@LockD02 @Elwyn65436335 @PeterMcCormack@Breedlove22 @MacroMarketBets If you maintain theft is never justified, then you are saying no hypothetical potential value gain is worth it.
Change the apple for one child, to millions of food items for millions of children. Keep increasing the numbers so it becomes more lopsided. Is there no tipping point?
@LockD02 @Elwyn65436335 @PeterMcCormack@Breedlove22 @MacroMarketBets Value is subjective and based on many things. Due to differing beliefs, some people will see acts justified while others won't.
Consider national or religious wars. Can we make an objective conclusion as to who is justified and who isn't?