kenpomeroy | 6 years ago | on: The Tech Industry Is Building a Vast Digital Underclass
kenpomeroy's comments
kenpomeroy | 6 years ago | on: Antarctic sea ice – rapid decreases, reduced to lowest area in 40 years
Fossil fuel companies receive subsidies as well, what's your point?
kenpomeroy | 6 years ago | on: Antarctic sea ice – rapid decreases, reduced to lowest area in 40 years
I said Tesla was perhaps "a" solution, not "the" solution. What alternative solutions do you propose?
kenpomeroy | 6 years ago | on: Antarctic sea ice – rapid decreases, reduced to lowest area in 40 years
Even still, you're assuming the government has the ability to address climate change if given the chance. But, there would need to be global consensus and enforcement or government intervention could actually make the problem worse (e.g. heavy environmental regulatory burden means products get manufactured and shipped from Asia, and actually generate more carbon emissions).
Perhaps, free market solutions a la Tesla are all we've got?
kenpomeroy | 6 years ago | on: Uber will start deactivating riders with low ratings
If the government were mandating people behave a certain way, that would be an entirely different discussion. We're talking about a service that people can choose to use or not use. If they want to use it, they have to comply with the standards set by the service provider...
kenpomeroy | 6 years ago | on: Uber will start deactivating riders with low ratings
They quite literally are being judged by a jury of their peers... that is kind of my whole point.
kenpomeroy | 6 years ago | on: Uber will start deactivating riders with low ratings
I struggle to see how anything you described could be categorized as "Orwellian"... Why are we concerned about "problem users" being left with no options? Just act like a normal human and you won't be a problem user... What is "Orwellian" about free markets and voluntary exchange?
kenpomeroy | 7 years ago | on: Vermont's Remote Worker Grant Program
I did read the actual legislation.
kenpomeroy | 7 years ago | on: Vermont's Remote Worker Grant Program
1. Sign lease for apartment in VT.
2. Lease deposit + new computer products = "qualified remote worker expenses".
3. Receive grant funds.
4. Resell computer products and never move to VT.
5. Put apartment on AirBNB.
6. Profit.
kenpomeroy | 7 years ago | on: Walmart will begin offering to subsidize college tuition for its U.S. workers
Some jobs generate less value for businesses than the arbitrary amount you deem to be a "livable wage." That's economics.
kenpomeroy | 7 years ago | on: Walmart will begin offering to subsidize college tuition for its U.S. workers
Because economics
kenpomeroy | 7 years ago | on: New study quantifies Bitcoin’s ludicrous energy consumption
> I can think of one.... not being used at all!
You seem to be missing my entire point. There is nothing bad about consuming clean, renewable energy.
kenpomeroy | 7 years ago | on: New study quantifies Bitcoin’s ludicrous energy consumption
You assume that a substantial portion of bitcoins are being mined in populated areas where the energy would otherwise be used for what you deem "better" purposes. How do you reach this conclusion?
The article does not make any effort to investigate the location of bitcoin mining facilities or sources of energy being used. For all we know, 99% of bitcoins may be mined using sustainable energy, off the grid. Without this information, any estimation of raw energy consumption is meaningless.
kenpomeroy | 7 years ago | on: New study quantifies Bitcoin’s ludicrous energy consumption
If there's nothing inherently bad about energy consumption, why do you think it is an "issue" for 0.5% of the world's consumption to be used for mining bitcoin? What if 100% of bitcoin mining is powered by renewables?
kenpomeroy | 7 years ago | on: New study quantifies Bitcoin’s ludicrous energy consumption
Not sure why this is relevant unless you think 100% of bitcoin mining takes place in the US.
kenpomeroy | 7 years ago | on: New study quantifies Bitcoin’s ludicrous energy consumption
There's nothing inherently bad about energy consumption. The raw amount of energy consumed is a useless metric without determining how much of this energy is derived from clean/renewable sources.
kenpomeroy | 7 years ago | on: Coinbase releases professional trading platform for institutional clients
You can't wait for retail investors to be slaughtered?
kenpomeroy | 7 years ago | on: US Digital Currency
> It's well-known that deflationary currencies do not work.
This is laughable. Your definition of "work" includes a presumption that we all want the government to control and manipulate the economy without regard for the interests of the individual.
Ask any individual citizen whether they would prefer that their savings increased in value or decreased in value, and I suspect they'll have a different answer as to whether a deflationary currency "works" for their purposes.
kenpomeroy | 7 years ago | on: US Digital Currency
For cryptocurrency fans, it is quite obvious that such a system would not be desirable or beneficial at all. The entire purpose of cryptocurrency is to remove governmental control of money.
kenpomeroy | 7 years ago | on: US Digital Currency
Inflation hurts the poor far more than the rich. Rich people invest their money rather than simply holding cash and losing value through inflation. Poor people have no choice but to keep their money in cash. Also, wage increases are often much slower than the rate of inflation.
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You keep using that word. I do not think it means what you think it means.