smarenwolf
Weaksauce
- Joined
- May 7, 2018
- Messages
- 112
Yeah. Equality is nice, equity is bad.
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Crypto’s need to be regulated, but the same rules need to apply to everybody. You can’t say Facebooks not allowed to make one but Equafax is because of some arbitrary reason.No, paypal is based directly off the dollar.
You take $1 USD and place it in your paypal account, you still have $1 USD. Same with apple pay. Those (Apple Pay/PayPal) are not currencies just payment methods, like a credit card or debit card.
Cryptos are currency.
But their value can change drastically and their exchange is not regulated.
Cryptos need to be regulated.
I think its important to remark that its fine to add some regulation if its needed. (which doesn't really need it.); I agree though big companies like facecreep, shtter, cutzone, microshaft shouldn't be allowed, mainly because they could attain to much power; Though those should be anti-trust cases, rather than legislation that will hinder one of freedoms.Crypto’s need to be regulated, but the same rules need to apply to everybody. You can’t say Facebooks not allowed to make one but Equafax is because of some arbitrary reason.
While I don't feel that any group is immune or exempt from racism, you're gonna have a better time in US if you're white. If Brock Turner was black, you can be sure he'd be serving a 10 year sentence, not being released after only 3 months despite being caught in the act.
Big finance holds just as much power and personal information as big tech, I don’t see any reason why one should be allowed but the other not. The difference is one has a much longer track record of loosing data to breaches and using that data and power to circumvent laws designed to protect people from abuse.I think its important to remark that its fine to add some regulation if its needed. (which doesn't really need it.); I agree though big companies like facecreep, shtter, cutzone, microshaft shouldn't be allowed, mainly because they could attain to much power; Though those should be anti-trust cases, rather than legislation that will hinder one of freedoms.
Big finance holds just as much power and personal information as big tech, I don’t see any reason why one should be allowed but the other not. The difference is one has a much longer track record of loosing data to breaches and using that data and power to circumvent laws designed to protect people from abuse.
HINT: It’s not the tech companies
From CNN: "New proposed legislation drafted by Democratic Congresswoman Maxine Waters' staff could stop Facebook's cryptocurrency ambitions. The proposal, still just a discussion draft, is titled the "Keep Big Tech Out of Finance Act." It details rules that would prohibit large internet platforms from becoming financial institutions or offering cryptocurrencies."
I am of two minds - I don't like cryptocurrency. I don't like Facebook. But I do like the idea of someone with deep pockets being responsible for a cryptocurrency, and while I do approve of congress regulating an industry for the public good, I don't like them interfering with an industry by pre-banning an idea before it's been shown to be good or bad.
P.S. If congress wants to meddle or investigate, they can tell me why Judas Priest isn't in the Rock and Roll Hall of Fame. C'mon, we're talking Judas Priest! 19 hits on the Billboard charts, true British metal, and if you're a teenage head banger who's just bought his first guitar and you can't play 'Breaking The Law' within 30 days, you're never going to be a guitarist.
Not at all, cryptocurrencies are not currencies, they are securities, PayPal and GooglePay just handle standard currency transactions, unless there is something going on I am unaware of.So Paypal would be illegal I guess.... what about apple pay................
Wonder if this just targets Big Tech companies or also includes Big Bank companies? https://www.nytimes.com/2019/02/14/business/dealbook/jpmorgan-cryptocurrency-bitcoin.html
No, paypal is based directly off the dollar.
You take $1 USD and place it in your paypal account, you still have $1 USD. Same with apple pay. Those (Apple Pay/PayPal) are not currencies just payment methods, like a credit card or debit card.
Cryptos are currency.
But their value can change drastically and their exchange is not regulated.
Cryptos need to be regulated.
You were correct right up to the point that you called cryptocurrencies a currency, they are not, they are securities by US Law, in other countries not so much, but in the US this is the case.
I don't think Waters can count to 100. I'm sure she has a grasp on blockchain technologies.
Am i racist for not considering AOC a person of color... like she's whiter than I am. Are there like published guidelines or something?
I would much rather the equations and math involved had potential positive impact on society, I see the benefits of what blockchain and cryptocurrencies can do I am not sure the current benefits outweigh the global consequences. I do think that the existing ones need to be regulated in a meaningful way as they are far too volatile, easy to scam and steel, and too few consequences for the bad actors out there who would take advantage of others with it.I don't trust anyone with to have math skills. Don't be a dick.
You probably don't *really* understand blockchain, either, and neither do I. But you don't need to know everything about the math and programming behind blockchain to understand the impacts it can have on society and economics.
You know this dumpster fire has been burning for long enough that even the captain of the ship finally bailed out.Wow, you guys all know better than to drag this topic into politics and racism.
I suppose you enjoy locking threads where people are discussing and learning things.
I would much rather the equations and math involved had potential positive impact on society, I see the benefits of what blockchain and cryptocurrencies can do I am not sure the current benefits outweigh the global consequences. I do think that the existing ones need to be regulated in a meaningful way as they are far too volatile, easy to scam and steel, and too few consequences for the bad actors out there who would take advantage of others with it.
"even black people" ... I hope you realize how (actually) racist that statement is, yes?
Blacks: Might not get a job because they're black, might need to be a bit more cautious when dealing with police, might get killed by other blacks
Whites: Might not get a job because they're not black, will get demonized because of their skin colour, might have to be cautious where they go
Males: Way higher chance to get assaulted, robbed, killed, beaten or just die to to workplace danger
Females: Way higher chance to not get taken seriously
Every group has it's problem, some are bigger, some are only there because of outrage culture.
Today racism only exist in racist's mind. Its a fallacy, if you are good at something it doesn't matter if you are black or white. You could be pink, you would still make a lot of money, and could either buy yourself golden teeth grill or rtx titan.
A make believe system at works, to pity one against the other.
// Your profile, i.e. Your behavior, and dress puts you at either advantage or disadvantage.
ex. You are riding in a train, and there are 2 seats open (and you want to sit down.)
One is besides black guy
View attachment 174710
the other one is besides a white guy
View attachment 174711
You know this dumpster fire has been burning for long enough that even the captain of the ship finally bailed out.
I'm mostly with you on this. I understand how individuals who have invested or used cryptomining to their financial gain would see it as a good thing, (it was good for them right), but I also tend to see it as a self-licking ice-cream cone with great potential to do harm to the foolish or unfortunate. If a person has money to invest, there are a number of existing ways to invest it, all incurring different levels of risk of course, this is just another. But while cryptocurrencies seem like just another type of risky investment, it seems that some are riskier than others, and there are far fewer controls and oversight involved.
What if there is a black business man and a white business man? Don't make fallacious comparisons, you're just proving your point is wrong.
My point was that people profile, and judge you by your behavior and appearance.
Being well dressed, and being well mannered always grants you great advantage in any civilized society vs person who has gangsta CJ GTA outlook whatever their ethnicity is. Main problem for black people is that they dress like your typical friendly neighborhood gangbanger. (but hey if you are well dressed and well mannered, but your face looks like that of a killer, ppl will call coppers as you may be one of the most wanted mafia or something.)
// Actual white racist in my comparison would still prefer to sit with white guy, and would likely tell the black man to go back to africa or something more nasty.
In your example, and sad/uneventful reality a person would still look at them, and whomever looked more friendly, was closer, had better seat would be main factors in choice.