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@IMXunderground

Trying to be logically consistent. Focused on constructive conversations; Free Speech Advocates, AI, Health, Economics… Formerly Litecoin Underground

United States Katılım Ekim 2021
863 Takip Edilen6.8K Takipçiler
X Underground
X Underground@IMXunderground·
@moshik_temkin Remember when democrats called Trump racist for his desire for Make America Great Again? They said the 50s were not great for black and brown people so that proved his racism. Does this make you racist now?
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X Underground
X Underground@IMXunderground·
If the rich suburbanites tend to be democrats and they all want free health care, why aren’t doctors and nurses working pro-bono at least some of the time? Maybe they can each put in a shift a month at a free clinic?
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X Underground
X Underground@IMXunderground·
Interesting that some people think “if something isn’t up to a satisfactory level, then it’s better that it not exist at all” If a baby’s life is going to be a struggle, it’s better to kill it If a job doesn’t pay enough, it’s better that the employee has no job at all. I think this is probably linked to depression/anxiety
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Roy 👨🏻‍💻⚽️🍉🔻
If you can't afford to pay your workers enough to live, you don't deserve to stay in business. Don't know what's so hard to understand.
Peter McCormack 🏴‍☠️🇬🇧🇮🇪@PeterMcCormack

A minimum wage of £15 would end my coffee shop, it would have to close, as would many other businesses. I’ll explain for the economically illiterate. Staff costs are currently half our costs, a £15 minimum wage is actually more than £15 an hour for the company, because you have to add: - 12.07% holiday - Sick pay - Maternity pay if and when required - National insurance - Pension contributions These costs would mean the shop loses money because remember, energy costs are up, rates are up, regulations are up. Now you can pass these costs onto the consumer - that would mean charging a lot more for coffee, people won’t pay it. The likes of Starbucks and Costa can, because they have economies of scale. The independent doesn’t. Now the little socialist will say well this is your fault, if you can’t run a business that can afford to pay its staff properly, but the little socialist has never run a business and does not understand the dynamics. Now I could pay some staff off and fill those hours myself or reduce us to one staff member during certain periods - but this proves the point that a minimum wage costs jobs. There was a time when these jobs were done by kids, perhaps on the weekend, paid a lower wage, no holiday and no silly employment rights. Perhaps they were even paid cash. The dynamic worked and small businesses like this could operate. It was also a great first job. Sadly now it isn’t worth employing entitlement youngsters at this level of pay. So alas, I don’t need the stress, the business would close, a number of jobs would be lost. Economics is about understanding these dynamics, no vibes. The cost of living is not solved through passing on inflation to the business, it is solved by ending high inflation and creating prosperity. This is what socialists don’t understand, they can’t create prosperity, they can only destroy it.

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X Underground
X Underground@IMXunderground·
During this same timeframe, the US Dollar was the reserve currency of the world and the every other major economy had been crippled by war. They were so reckless with federal spending that in less than 30 years we lost our position as the gold standard and have ended up $40T in debt.
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X Underground
X Underground@IMXunderground·
@micah_erfan The red states are practicing a representative government and the blue states are practicing direct democracy. Other than that, there is zero difference in these actions.
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Micah Erfan
Micah Erfan@micah_erfan·
10 red states have or are in the process of imposing brutal gerrymanders without a single vote. 2 blue states have responded with voter-approved temporary redraws. Democrats have also introduced a bill to ban gerrymandering nationwide. Both sides are not the same.
Micah Erfan tweet media
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X Underground
X Underground@IMXunderground·
@ma1ybe Dildos can’t say no either. These women are rapists!!!
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James 𝕏ond
James 𝕏ond@james_xond·
Unpopular opinion but the right to vote shouldn’t be automatic. It should require passing a basic test on economics, finance, history, and how laws and public policy actually work… Pass it, you vote. Fail it, you don’t.
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X Underground@IMXunderground·
@SaraForTexLege Democrats realizing that creating generations of people who think the government will do everything for them was a bad idea.
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X Underground
X Underground@IMXunderground·
@upstatefederlst What democrats believe is if family A has 10 kids, they should be able to make family B with 4 kids do their bidding
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X Underground@IMXunderground·
@DavidBurkett38 @_CHIEF_X @TheDesertLynx Appreciate the honesty and in-depth information. That said, this shows me how little I know about crypto and that people like David are on a different level of intelligence.
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David Burkett Ⓜ️🕸
David Burkett Ⓜ️🕸@DavidBurkett38·
Quick correction before I respond: Your timeline and version of the events isn't quite right. The DoS was not identified by us nor the attacker until after the latest exploit. The DoS happened as a result of a latent bug around how mutated blocks can result in `submitblock` calls hanging. The attacker had no idea miners had a fix for the inflation bug. He likely just tried exploiting it with the assumption his block would be accepted by all miners and go unnoticed for a little while. But the miners *did* have a fix, albeit an incomplete one. The fix miners had caused them to reject the block as intended, but they ended up in a weird state that left their mining threads unresponsive. Now, about your post: I think responses from both sides were way over the top. Those attacking Litecoin had their facts wrong and/or were way over the top. Tayvano's whole shtick seems to be scream, curse, hyperbolize, and dramatize every decision someone makes during an attack...an act quite common amongst those in the infosec world. It's how they market themselves and convince others of their critical importance. Additionally, Alex's accusations of "inside job" and continuous public attacks -- despite us being nothing but transparent and cooperative with their team behind the scenes -- gives the very obvious impression (to me, at least) that he's just trying to pressure the LF, a non-profit, to cover the losses of NEAR intents, a for-profit business that makes its money by taking these exact risks to offer high-liquidity, low-conf, irreversible swaps. Conversely, many on the Litecoin side went overly defensive and downplayed the incident, or wrote it off as not an incident at all, and in fact was working as designed. But, of course, that's not true at all. I had conversations with several in the LF where I expressed some of your exact same concerns, Joel. But because Alex and others were sharing false information and inaccurate and damaging accusations, many felt the need to go on the defensive and downplay the incident. It's an understandable reaction, but one which I agree was probably a mistake. So just to set the record straight and make sure everyone's clear: Litecoin screwed up. And more concretely, I screwed up. The inflation bug and DoS exploits were on me. I never hid from that or pretended all was fine, and anyone who did was in the wrong. Litecoin was not "working as intended" by any means. Now, onto how we handled the incidents and disclosure: In retrospect, it probably was a mistake not to notify exchanges and others after the incident. But we had very valid reasons for wanting to keep the circle as small as possible, as I outlined in the postmortem. It's quite unfortunate that it took 5 weeks to get the release out. I tried to get it out weeks sooner, but there were delays completely out of my hands. The public-ready release was finally signed the day before the attack and miners were upgrading. The intention was to go public with the fix once 50% of miners had upgraded -- a threshold that likely would've been met that same day as the attack. So, if we had hit just one less roadblock and would've had a release signed a day or two sooner, we could've had everything public by the time of the attack and could've probably saved face quite a bit. The DoS bug would've still existed and the attack would've likely still gone the same exact way (few people upgrade quickly, including exchanges - some of which are still on 0.18!!), but at least we could've said those who upgraded were safe. But alas, we did not have the release ready a day or two sooner, so now we're left defending our choices.
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X Underground@IMXunderground·
What will we do when people are no longer needed for work?
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X Underground
X Underground@IMXunderground·
@micah_erfan You can’t simultaneously say white people are evil racists and also want to live near them. Pick one.
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