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Comment Re:We've done the experiment (Score 1) 142

230 prevents sites from being prosecuted. So, right now, they do b all moderation of any kind (except to eliminate speech for the other side).

Remove 230 and sites become liable for most of the abuses. Those sites don't have anything like the pockets of those abusing them. The sites have two options - risk a lot of lawsuits (as they're softer targets) or become "private" (which avoids any liability as nobody who would be bothered would be bothered spending money on them). Both of these deal with the issue - the first by getting rid of the abusers, the second by getting rid of the easily-swayed.

Comment Re:Losing section 230 kills the internet (Score 1) 142

USENET predates 230.
Slashdot predates 230.
Hell, back then we also had Kuro5hin and Technocrat.

Post-230, we have X and Facebook trying to out-extreme each other, rampant fraud, corruption on an unimaginable scale, etc etc.

What has 230 ever done for us? (And I'm pretty sure we already had roads and aqueducts...)

Comment Re:We've done the experiment (Score 1) 142

I'd disagree.

Multiple examples of fraudulent coercion in elections, multiple examples of American plutocrats attempting to trigger armed insurrections in European nations, multiple "free speech" spaces that are "free speech" only if you're on the side that they support, and multiple suicides from cyberharassment, doxing, and swatting, along with a few murder-by-swatting events.

But very very very little evidence of any actual benefits. With a SNR that would look great on a punk album but is terrible for actually trying to get anything done, there is absolutely no meaningful evidence anyone has actually benefitted. Hell, take Slashdot. Has SNR gone up or down since this law? Slashdot is a lot older than 230 and I can tell you for a fact that SNR has dropped. That is NOT a benefit.

Comment Re: Bubble Say POP! (Score 1) 51

Have you considered Fischer Black's "Noise"?

"I think that the price level and rate of inflation are literally indeterminate. They are whatever people think they will be. They are determined by expectations, but expectations follow no rational rules. If people believe that certain changes in the money stock will cause changes in the rate of inflation, that may well happen, because their expectations will be built into their long term contracts."

Comment Re: Bubble Say POP! (Score 1) 51

Would there be a physical scarcity of basics, or merely a psychological mood that created a scarcity?

What if you printed faster than noisy prices rose?

Since 2008, the Fed has increased what economists call base high-powered (because it should cause inflation) money over 500%; does the fact that inflation has increased only 50% in that time frame indicate we can increase purchasing power by, again, printing faster than prices rise?

Comment Re: Bubble Say POP! (Score 1) 51

"the financial storm is about to collapse."

So should it affect billions who never invested? Or should the Fed ramp up QE again and cut interest rates to zero, so ATMs continue to work?

Or what if the Fed printed an indexed basic income and let financial firms fail but it wouldn't affect the little guy because they would still have access to cash to buy groceries and such?

Comment Re: Centralia, Pennsylvania has "geothermal" (Score 1) 43

"Prehistoric clinker outcrops in the American West are the result of prehistoric coal fires that left a residue that resists erosion better than the matrix, leaving buttes and mesa. It is estimated that Australia's Burning Mountain, the oldest known coal fire, has burned for 6,000 years.[10]"

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