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DynamicWorlds
The Wall Street Journal
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Comments by "DynamicWorlds" (@dynamicworlds1) on "The Wall Street Journal" channel.
Almost like a whole bunch of people have realized that Bitcoin is effectively a Ponzi scheme and the only way they're getting their money back is if they can get other people to buy in, huh?
17
@golgothan the Boring Company is a scam. Just invest in real mass transit.
9
@chad_bro_chill we have a very low population density in the US, crime tracks to poverty (which means it only has a correlation to population density), and if you want to look at the living situation that causes mental health problems, it's not dense cities, but (especially American) suburbs that are the problem
7
@ALC0LITE real currenies get their exchange value fromt the universal demand created by the government accepting them as taxes (and are fundamentally a quantized debt relation). (Legitimate) stocks get their base exchange value because of the potential for dividends and/or voting rights. Bitcoin gets its exchange value purely on the potential that some other sucker will buy into the game at a higher price in the future. That makes it a (at least defacto, if we're to be charitable with assuming intent) Ponzi scheme.
7
@priyanshujanrao7710 it's about how everyone simply persuing their own self interest can produce worse outcomes for everyone. Swap out rush hour commute times for prison sentences and you've got the same dynamic. The more people drive, the longer everyone else's commute takes because it increases traffic. An urban area where everyone (or nearly everyone) uses public transit will have the lowest commute times. If you want to make things better for future generations, you invest in mass transit.
3
The racism of our past including, but not limited to, white flight scars the urban planning of every city in this country. This has long been acknowledged. It's nothing new. You were just insulated from that knowledge. Maybe ask who did that and why?
2
Go look up the prisoner's dilemma.
1
In as few words as possible: Corruption and racism
1
@lahabitaciondelatrapado4621 even the most efficiant cars have nothing on the efficiency of mass transit
1