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Comment Re:Bubbles are strange. (Score 1) 38

I'd think anyone with a basic understanding of finance and economics would be able to see that the entire idea is absurd. What's the value, the amount of electricity wasted on processing pointless calculations? All for the purpose of what, having a currency that isn't issued by a government? That just means there's no productive value supporting its fiat, just the consumption of electricity. Which means, the value of cryptocurrency is based on consumption, not production.

Every other currency is based either on production (modern fiat) or utility (metals). Crypto is based on wasting something better used elsewhere, like making real things that have actual value. Or keeping me cool in the summer.

Now that I think of it, I have a similar issue with metal currencies. Gold, silver, and copper are wasted on coinage. Their industrial use is far more worthwhile.

Comment Re:Why does this sound like. (Score 1) 15

But at $4 per hectare? I think that's still far less than what they could get from developing the land. You'd have to be a pretty poor farmer to make less than $4 off of an entire hectare (10,000 m^2). And if the government doesn't make $4 off the taxes... I don't know what to say. Maybe some desperate governments will see the lump sum and take the deal, but from a basic economic standpoint this doesn't look promising.

Comment Re:Nice forest... (Score 1) 15

Wouldn't the governments have more work to do? Maybe they're issuing permits now, but with this they'd have to actively monitor activity around the forests and prevent trees from being cut down.

And are you saying that the value of doing nothing (which is generally worth nothing) is greater than the value of short-term development, or that development is only valuable in the short term? A claim which will require considerable explanation, as it makes little sense.

Comment Re:Rules were made to be Unforest (Score 1) 15

I almost sat on my cat the other day. He was curled up next to my wife, under a pillow. He's not a very big cat, despite being full grown. My other cat is much bigger. Both of them are smaller than my dogs, but the pups are intimidated by them. The samller cat plays with them sometimes, the larger cat doesn't play with anybody, ever. She's quite stoic. Not very kid-friendly, sadly. She has a bad habit of smacking toddlers in the head just for walking past.

I don't know what you're talking about either.

Comment Re:Good on Google (seriously), however (Score 1) 34

That got mentioned:

This early model comparison does not include the “gold standard” traditional, physics-based model produced by the European Centre for Medium-Range Weather Forecasts. However, the ECMWF model typically does not do better on hurricane track forecasts than the hurricane center or consensus models, which weigh several different model outputs. So it is unlikely to be superior to Google’s DeepMind.

Comment Re: Secular (Score 1) 82

Why do you think that money printing is how the rich get rich?

And we know that you "can't just print money to end poverty", because it has been tried. Every time it has been tried, the result was an economic collapse. Most of which led to very unpleasant people being able to take over. Germany and Italy in the 1920's are particularly important examples, but you'll also find examples in South America, Africa and China.

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