All this to hide the true nature of money from the plebs and distract from a blatant ponzi type incentive scheme, of a so called inflationary / deflationary "currency" with almost no usefulness as actual money. But sure its going to be the next world currency. Once in place peace will breakout the world over. Empires will defund and dismantle all military. And no person will ever be greedy, cunning or vengeful ever again. You go btc!!!
Aug 30, 2022·edited Aug 30, 2022Liked by Mathew Crawford
Yeah. I love the observations and investigations into how we can change the systems so they favour good outcomes. I have no problem if workaholics get inordinately rich. I do have a problem when people connected to governments get rich off the labour of others without actually performing any labour besides paying backhanders.
Any system that raises the lowest level is a sign of an ethical society. Sure it reduces the availability of hungry and cheap labour to exploit but I see that as a good thing.
How do you get to it "grows asymptotically at the rate of the square of the number of nodes: n^2"?
Naively, d/dn(n(n-1)/2) = n - 1/2. Shouldn't that give us the rate of change (which is order of n, not n^2)? Forgive me, it's been a few years since I've used calculus...
I'm using casual language. You're right that the first derivative is linear. It's the function itself that is quadratic, which is the point being made in the article.
All this to hide the true nature of money from the plebs and distract from a blatant ponzi type incentive scheme, of a so called inflationary / deflationary "currency" with almost no usefulness as actual money. But sure its going to be the next world currency. Once in place peace will breakout the world over. Empires will defund and dismantle all military. And no person will ever be greedy, cunning or vengeful ever again. You go btc!!!
Yeah. I love the observations and investigations into how we can change the systems so they favour good outcomes. I have no problem if workaholics get inordinately rich. I do have a problem when people connected to governments get rich off the labour of others without actually performing any labour besides paying backhanders.
Any system that raises the lowest level is a sign of an ethical society. Sure it reduces the availability of hungry and cheap labour to exploit but I see that as a good thing.
How do you get to it "grows asymptotically at the rate of the square of the number of nodes: n^2"?
Naively, d/dn(n(n-1)/2) = n - 1/2. Shouldn't that give us the rate of change (which is order of n, not n^2)? Forgive me, it's been a few years since I've used calculus...
I'm using casual language. You're right that the first derivative is linear. It's the function itself that is quadratic, which is the point being made in the article.