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Joined 1 year ago
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Cake day: June 15th, 2023

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  • Since taking office Dec. 10, Milei devalued the peso 54% and eliminated price controls on hundreds of everyday consumer products, reversing the policies imposed by former Economy Minister Sergio Massa, who ran against him for president. The libertarian leader also halted runaway money-printing that had flared up during the presidential campaign.

    It seems like this guy is making the right decisions here. Seems like he’s ripping off the bandaid for a problem that previous administrations had created. We’ll see if he can right the ship.


  • I think his rationale is to take away monetary control from future administrations, which I think is a laudable goal. Argentina should be the richest country in South America, but its people keep getting robbed by the printing press. I wonder if going to a gold standard (or if they feel like rolling the dice, a Bitcoin standard) would be a better option.

    (Cue the anti-crypto arguments because I mentioned Bitcoin)



  • I’m not a big fan of karma either, I definitely don’t want to see it baked into the core protocol. However with this implementation, it doesn’t seem to harmful as most users won’t have it.

    I would also love to see some experimentation with different methods of assigning karma on the fediverse. The Community Notes algorithm from twitter is very interesting as it boosts answers that have support across many groups of users. It’s an attempt to encourage answers that reach across divides, instead of ones that foster echo chambers.

    Let a million experimental flowers bloom!








  • Obviously if the state doesn’t enforce the titles they’re useless. Sure if the president of a corrupt country decided he wants your house he’s gonna get it. But a DLT would prevent lower level corruption that relies on the benefit of the doubt.

    If a corrupt official uses their access to change the PDF title of your house to be in his name, he could take that to court to take your house from you. A ledger would prevent that change from happening, or at least leave a permanent record of the change



  • AFAIK if you don’t trust the server and want to know exactly what code was run by it, there are only two options: a smart contract blockchain, or ZK Proofs (which came out of blockchain research)

    It’s a social technology. It allows outsiders to validate that the election tally code was run correctly. Elections are run every day on the Ethereum blockchain often that has financial implications for the voters. It doesn’t mean they never get hacked, but it certainly gives the users more visibility and trust in their vote than a centralized black box



  • Not a fair comparison. Bank databases have been running since the 70s on code that has barely changed in that time. They’ve been battle tested for decades, so it’s unlikely a new exploit is going to be easy to find.

    On the other hand, if you wanted to run an election on a centralized database, think about what that means. All the votes need to go to 1 server somewhere, which will tell us all who won the election. A server that is run by an IT team who will have root access and could be phished, or bribed, or threatened. A server that only gets a real-world test once every few years.

    Users have no idea if their vote is in the database, if it’s correct, if it got counted in the final vote or not.

    Don’t get me wrong, I don’t trust the current crop of DLT tech more than the pen and paper method, but at least it’s more transparent than a centralized system