Building the Atomic Economy at @synonym_to.

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Joined December 2013
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Replying to @daniel_tanaka_
Zzzz have a nice life.
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Bro you kept nagging me to answer your questions, then when I do you say I am worked up about convincing you... Bye!
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Replying to @daniel_tanaka_
Note that it is you changing the topic to character attacks here, not I. I just wanted to show you that everything I said can be expressed as physics -compatible math. AI haters are luddites.
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Replying to @daniel_tanaka_
As i noted earlier, economics are just humans speculating on physics.
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@grok go through each post in this thread and show the mathematical equation/algorithm/formula of each concept i tried to convey, to show clearly the economic physical interactions as they would express.
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Replying to @daniel_tanaka_
Don't you understand that infinite value and having no price are the same? The problem with your version is it assumes there is nothing you would give your life for. This is wrong, as evidenced by the fact that some people kill or sacrifice themselves. They value death more. The price is irrelevant the same way numbers are irrelevant to infinity...
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Replying to @daniel_tanaka_
My life has infinite value.
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It doesnt matter whether you want to acknowledge this is an economics discussion, it still is. The reason is that these are ultimately physics topics combined with human efforts to thrive in their environments. Resources are limited, proximity is an advantage, etc.
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Replying to @daniel_tanaka_
1. No, even if i ask you, you can lie. The only evidence is if we actually trade. 2. Yes all value is volatile and relative to the observer. A person that really needs a namecoin domain has no use for bitcoin, and the reverse.
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Replying to @daniel_tanaka_
Philosophy is perversion unless you are actually creating something that demonstrates your design. Which question?
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Replying to @daniel_tanaka_
No, I am saying you need to learn common economics terms so you can have a useful conversation with other people, not reinvent them. All I can do is repeat myself that value is subjective, and that is separate from any observable price that supply and demand signal. A thing is worth what YOU think it is worth, and that determines whether you will pay market prices.
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Replying to @daniel_tanaka_
Sorry, your ideas are ignorant, novice guessing. Just use the definitions that exist already, you have not discovered anything interesting. Good luck, sir.
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Replying to @daniel_tanaka_
This is wrong. You are totally swapping definitions. "Value" is defined as subjective, "Demand" is what is observable. You cannot choose whether to buy at a price until your brain has approved the subjective value tradeoffs. Or maybe the translation is bad...
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BitcoinErrorLog retweeted
Paykit makes people easier to pay than addresses. Find how someone accepts payments through their Pubky identity. Exchange requests and receipts. Your wallet moves the money. Paykit never holds it. And the protocol is open for other wallets and apps to build on.
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We build the primitives of what you need, you just dont know it yet, which is why I am commenting :)
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Backwards. You are trust-MAXXING. Embrace it. This requires explicit expression of subjective reputation across diverse sets that will disagree. Arbitrarily increasing qty does nothing. Counterparties must ultimately agree on an authority AND compliance to an agreed protocol (selection, format, evidence, etc). If you let oracles build rep by merely printing correct outputs, outside of real-stakes contracts, you are undermining the reputation system to make it game-able. Much more important to select the right provider than anything else. Why? Because consensus transcends protocol; it won't be acceptable to the counterparties if the protocol disagrees with reality. It is a marketplace. Score the transactions and the identities, subjectively by participants, not the reports consistency itself.
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Replying to @stevenroose3
lol wtf do you know
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