volkris @volkris@qoto.org

@darnell yeah, it seems to me you're giving way too much credence to accusations from the powerful political institution.

We should always be skeptical about such accusations, particularly without seeing the evidence laid out in court.

@Sumocat @verge

@bigheadtales it's funny because if the inquiry is being blocked, then in the inquiry hasn't happened, so we don't know the results of the inquiry.

This conspiracy theory stuff is really unpersuasive.

@forteller I don't see how video streaming really fits with the fediverse service.

Fediverse is built around static content, with inboxes and outboxes moving posts around.

It doesn't seem like the right tool for the job.

@DemDifference I don't care what idiocy Trump might have gone on about.

Of course it's cherrypicked. It's literally two convenient datapoints out of a data series that shows a lot, if it was fully presented.

@magitweeter

Each is a different thing.

But it's so significant that so many talk about wealth in therms of currency, dollars and such, but so little wealth is actually held in dollars.

Take the real estate deed. The owner [probably] had to give up their money to buy that deed. The guy buying a million dollar house is a million dollars poorer after the purchase. He has literally given up a million dollars to other people who needed the money more.

We talk about wealth in these abstract terms that so often don't really match the substantial facts on the ground.

We want a rich guy to spread his money to others? Well, in old times that was a concern, but it's not really a concern now. With modern financial systems rich people are constantly transferring their cash to others since they're punished by inflation, not to mention opportunity costs, should they hoard it.

@Vincarsi

@rolle no, but I'd like an invite!

@DemDifference if you check out the charts over time from the Federal Reserve, instead of these cherrypicked stats, you'd see that job growth slowed after those actions.

And really? The world isn't chaotic now, with the US foreign policy?

@ErcanErdemArdal I think you're making some questionable assumptions about the business model and plans for X.

We aren't in their boardrooms. We really shouldn't make assumptions about their plans and goals.
@LeftistLawyer

@magitweeter

Yes, that is the structure of modern banking.

@Vincarsi

@Vincarsi yes, and that's EXACTLY not how banks work.

When you deposit money at a bank you don't retain ownership of that money.

That's a core point here.
@magitweeter

@resuna

Again, it seems to be that you're so focused, even obsessed, with parties that you're missing how voters are impacted.

Third parties collapsing into two is only a problem if you're focused on there being third parties.

But if you focus on voters, as I do, that collapse isn't a problem but a solution as voters mitigate vote splitting and ballot wasting of the US voting system.

You seem to see it as a problem because it doesn't match your biases. But really, it's a solution, not a problem, if we consider the real people of the country.

@cinnarose @1dalm @brianklaas

@resuna

In case I haven't been clear, I don't care about third parties. In fact, that third parties collapse into two naturally is a huge sign of how misguided it is to focus on that.

Third parties don't serve voters well considering the problem of split votes and wasted ballots given the standard election method in the United States.

So again, I see you're focused on parties instead of voters, and I think that's really the wrong thing to focus on.

I want to serve voters and support the democratic process. I think that would be healthy for society. I don't really care about parties beyond the way they serve voters.

So I don't care about third parties except to point out that they can be bad for voters.

@cinnarose @1dalm @brianklaas

@magitweeter and I'm trying to point out that you are wrong about how banking works 🙂

When you have a bank deposit in a modern bank, you absolutely do not have a claim on any money. You don't own any money. Instead, the bank moves the money out of your ownership and gives it to other people.

When you deposit into a bank you give up your ownership of money.

What you receive in return is a claim against the bank itself, you receive a promise that the bank will give you other money when you request it. But you do give up your money when you deposit it in a bank.

So yes, I know that to you, hoarding means accumulating large amounts of titles to things, but what I'm trying to convey is that in modern financial systems you don't so much accumulate large amounts of titles to things.

(I'm trying to say this a few different ways to try to explain it)

So it's not so much that we are talking past each other, but that we have a disagreement over fact.

We agree that hoarding may involve keeping ownership of money. The difference is that you think these wealthy people do that, while I know that's not how banks work, and they give up that ownership when they deposit money.

@Vincarsi

@DrewNaylor I know it's an aside, but FWIW, I've really liked functional programming and how it naturally scales to our multicore environment.

I broke up with Python when I realized some functional programming techniques weren't speeding up, and then found out about the Global Interpreter Lock that pretty much binds it to a single core.

That's pretty sinful to me, that we've been living in this multiprocessing future for a generation now, but Python is hamstrung to a single core.

@Azen well, it's more the tradeoff for working in a workplace that's goal oriented, that's doing something great and pushing boundaries, and setting the balance between safety and accomplishment in a different place than other workplaces might.

Those aren't office jobs.

Risk aversion is paralysis to so many organizations. That SpaceX is willing to take more risks is part of why it's been so successful.

I'm jealous of a workplace willing to take more risks to do meet high goals like that.

@ajsadauskas from everything I've seen I get the impression that everyone WANTS Fediverse integration, but when Tumblr started working on the implementation they quickly found that Fediverse was designed in a way that is technically too expensive or unworkable for them.

The biggest benefits of federation come with scale, but unfortunately it was designed in such a way that the resources required to operate it scale even faster.

So as it scales the cost blew up faster than the benefits, if that makes sense.

These are fundamental design decisions made long ago that can't really be changed at this point.

Everyone agrees that integration would be good. It's just that it ended up being too expensive to actually implement.

@darnell

@DrewNaylor I was with you since I've fallen out of love with python and cheer for better languages.

But you lost me with VB transpiled to Rust because that sounds crazy complicated. :)

Surely we can find a solution that's both better than python but also straightforward.

@Vincarsi

It doesn't because in our reality the net worth doesn't really count what you HAVE but what you're OWED.

There's little hoarding with our banking system.

When you deposit money in a bank the bank doesn't just throw the cash in their vault. No, that money is lent out and otherwise used elsewhere.

If you deposit $1T into the bank, so you have a net worth of $1T, you're not sitting on that cash. The cash is gone, with the bank transferring it to other people and institutions.

That's the disconnect between measures of wealth and hoarding. Hoarding represented an opportunity cost, so these days we've broken that connection through banking.

@magitweeter

@magitweeter

But that touches on my point: the million dollars *doesn't* sit in your bank account in modern financial systems.

The bank writes down that it owes that money to the depositor, but then it takes that money and loans it out to others.

That million dollars doesn't just sit there. It goes to help a small company make payroll for the week, or it helps a machine shop buy a lathe, or it helps a middle class couple buy a new car for their commute.

The idea that money is sitting in an account is exactly the misunderstanding people have when they talk about the wealthy that way.

@Vincarsi