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  Benjamin Davies revised criticism #2520.

Yes, but bad actors are a separate problem to solve (as you have alluded to in #2513, where you mention “good citizens”).

The problem we are addressing here is giving people a fair time window to respond to criticisms after they are published.

Edit: after reviewing the thread, I see that you were more focused on the bad actors problem while I was more focused on giving people fair time to respond. I believe what I am saying still stands.

Yes, but bad actors are a separate problem to solve (as you have alluded to in #2513, where you mention “good citizens”).

The problem we are addressing here is giving people a fair time window to respond to criticisms after they are published.

Edit: after reviewing the thread, I see that you were more focused on the bad actors problem while I was more focused on giving people fair time to respond. I believe what I am saying still stands, but maybe it belongs somewhere higher up the chain.

  Benjamin Davies revised criticism #2519.

Yes, but bad actors are a separate problem to solve (as you have alluded to in #2513, where you mention “good citizens”).

The problem we are addressing here is giving people a fair time window to respond to criticisms after they are published.

Yes, but bad actors are a separate problem to solve (as you have alluded to in #2513, where you mention “good citizens”).

The problem we are addressing here is giving people a fair time window to respond to criticisms after they are published.

Edit: after reviewing the thread, I see that you were more focused on the bad actors problem while I was more focused on giving people fair time to respond. I believe what I am saying still stands.

  Benjamin Davies addressed criticism #2515.

Sorry but I don’t see how that solves the bad-actor problem. Bad actors would still be able to draw out the discussion to avoid paying, wouldn’t they?

#2515​·​Dennis HackethalOP revised 9 months ago

Yes, but bad actors are a separate problem to solve (as you have alluded to in #2513, where you mention “good citizens”).

The problem we are addressing here is giving people a fair time window to respond to criticisms after they are published.

  Dennis Hackethal revised criticism #2216.

As a reminder, at some point we will need to do some housekeeping because any criticisms of #2108 are probably also going to be criticisms #2109 and we want an intact criticism chain.

I’m marking this as a criticism so we don’t forget. And when we’re done with the housekeeping, we can say so in a counter-criticism to ‘check off’ that todo item.

As a reminder, at some point we will need to do some housekeeping because any criticisms of #2108 are probably also going to be criticisms of #2109 and we want an intact criticism chain.

I’m marking this as a criticism so we don’t forget. And when we’re done with the housekeeping, we can say so in a counter-criticism to ‘check off’ that todo item.

  Dennis Hackethal revised criticism #2514.

Sorry but I don’t see how that solves the bad-actor problem. Bad actors would still be able to draw out the discussion to avoid paying.

Sorry but I don’t see how that solves the bad-actor problem. Bad actors would still be able to draw out the discussion to avoid paying, wouldn’t they?

  Dennis Hackethal addressed criticism #2504.

I would have it that each criticism and counter-criticism resets the countdown on the bounty deadline. This means everyone involved is given fair time to respond at each turn.

#2504​·​Dennis HackethalOP revised 9 months ago

Sorry but I don’t see how that solves the bad-actor problem. Bad actors would still be able to draw out the discussion to avoid paying.

  Dennis Hackethal addressed criticism #2472.

But then bad actors could always submit arbitrary counter-criticisms just before the deadline to avoid paying.

#2472​·​Dennis HackethalOP, 9 months ago

Idea: when you create a bounty, you set the amount you’re willing to pay per criticism and a ceiling for the total you’re willing to spend (no. of crits * amount per crit).

Your card is authorized for twice the ceiling. In addition, there’s a button to report abuse. If you’re a good citizen, you’ll be charged the ceiling, at most. But if you’re found to submit arbitrary criticisms to avoid paying, the bounty stops early and your card is charged the full authorization.

  Dennis Hackethal addressed criticism #2504.

I would have it that each criticism and counter-criticism resets the countdown on the bounty deadline. This means everyone involved is given fair time to respond at each turn.

#2504​·​Dennis HackethalOP revised 9 months ago

If you submit a criticism, you won’t want to wait indefinitely to get paid just because others are keeping the discussion going in a different branch.

  Dennis Hackethal revised criticism #2478. The revision addresses idea #2479.

Removing outdated criticism


I suppose that would make it a bit harder for bad actors because they’d need to monitor multiple deadlines, but they could still submit arbitrary counter-criticisms just in time to avoid paying. Or is there something I’m missing?

I suppose that would make it a bit harder for bad actors because they’d need to monitor multiple deadlines, but they could still submit arbitrary counter-criticisms just in time to avoid paying. Or is there something I’m missing?

  Dennis Hackethal addressed criticism #2494.

Thanks for the criticism. New argument: Utility (besides usefulness as money) is not strictly necessary, although it may be nice to have. The value of a currency is set by supply and demand.

Supply: A limited supply (scarcity) may increase the value.

Demand: Demand is set determined by how well people percieve the currency's features as a store of value, medium of exchange and unit of account. Important factors include: Durability, Portability, Divisibility, Fungibility, and Stability. Gold has had most of these features (importantly scarcity, only 2% inflation from mining). However, it severely lacks in portability due to being a metal, compared to hard digital assets.

So the value of a currency is mostly determined by its perceived usefulness as money, not its utility for other things.

#2494​·​Erik OrrjeOP, 9 months ago

New arguments may not belong at the bottom of the criticism chain. Depending on context, it may need to be either a new sibling at the top of the chain or a completely new standalone idea.

I didn’t check this exchange in detail to say for sure. But I recommend checking, so I’m marking this as a criticism. If you think the new argument can remain as is, leave a counter-criticism to neutralize my criticism.

  Dennis Hackethal commented on criticism #2501.

Since I am getting an error when I try to edit #2479, I will make a new criticism. I think #2479 is unclear.

I would have it that each criticism and counter-criticism resets the countdown on the bounty deadline. This means everyone involved is given fair time to respond at each turn.

A small downside is that a bounty can go on indefinitely, but that is simply an extension of the fact that solutions to problems don’t come reliably.

#2501​·​Benjamin Davies, 9 months ago

… I am getting an error when I try to edit #2479

Editing ideas should be fixed now. (You won’t need to edit this one, though, since I’ve done the requisite housekeeping.)

  Dennis Hackethal addressed criticism #2506.

Then a bounty can go on indefinitely.

#2506​·​Dennis HackethalOP, 9 months ago

That is simply an extension of the fact that solutions to problems don’t come reliably.

  Dennis Hackethal addressed criticism #2504.

I would have it that each criticism and counter-criticism resets the countdown on the bounty deadline. This means everyone involved is given fair time to respond at each turn.

#2504​·​Dennis HackethalOP revised 9 months ago

Then a bounty can go on indefinitely.

  Dennis Hackethal revised criticism #2501.

Extract criticism


Since I am getting an error when I try to edit #2479, I will make a new criticism. I think #2479 is unclear.

I would have it that each criticism and counter-criticism resets the countdown on the bounty deadline. This means everyone involved is given fair time to respond at each turn.

A small downside is that a bounty can go on indefinitely, but that is simply an extension of the fact that solutions to problems don’t come reliably.

I would have it that each criticism and counter-criticism resets the countdown on the bounty deadline. This means everyone involved is given fair time to respond at each turn.

  Dennis Hackethal addressed criticism #2479.

The counter-criticism moves the deadline forward again the same fixed amount.

#2479​·​Benjamin Davies, 9 months ago

Superseded by #2501.

  Benjamin Davies addressed criticism #2478.

I suppose that would make it a bit harder for bad actors because they’d need to monitor multiple deadlines, but they could still submit arbitrary counter-criticisms just in time to avoid paying. Or is there something I’m missing?

#2478​·​Dennis HackethalOP, 9 months ago

Since I am getting an error when I try to edit #2479, I will make a new criticism. I think #2479 is unclear.

I would have it that each criticism and counter-criticism resets the countdown on the bounty deadline. This means everyone involved is given fair time to respond at each turn.

A small downside is that a bounty can go on indefinitely, but that is simply an extension of the fact that solutions to problems don’t come reliably.

  Benjamin Davies addressed criticism #2494.

Thanks for the criticism. New argument: Utility (besides usefulness as money) is not strictly necessary, although it may be nice to have. The value of a currency is set by supply and demand.

Supply: A limited supply (scarcity) may increase the value.

Demand: Demand is set determined by how well people percieve the currency's features as a store of value, medium of exchange and unit of account. Important factors include: Durability, Portability, Divisibility, Fungibility, and Stability. Gold has had most of these features (importantly scarcity, only 2% inflation from mining). However, it severely lacks in portability due to being a metal, compared to hard digital assets.

So the value of a currency is mostly determined by its perceived usefulness as money, not its utility for other things.

#2494​·​Erik OrrjeOP, 9 months ago

Supply: A limited supply (scarcity) may increase the value.

The scarcity of a useless thing doesn’t make it less useless.

  Benjamin Davies addressed criticism #2494.

Thanks for the criticism. New argument: Utility (besides usefulness as money) is not strictly necessary, although it may be nice to have. The value of a currency is set by supply and demand.

Supply: A limited supply (scarcity) may increase the value.

Demand: Demand is set determined by how well people percieve the currency's features as a store of value, medium of exchange and unit of account. Important factors include: Durability, Portability, Divisibility, Fungibility, and Stability. Gold has had most of these features (importantly scarcity, only 2% inflation from mining). However, it severely lacks in portability due to being a metal, compared to hard digital assets.

So the value of a currency is mostly determined by its perceived usefulness as money, not its utility for other things.

#2494​·​Erik OrrjeOP, 9 months ago

Durability, Portability, Divisibility, Fungibility, and Stability

These are all secondary values.
The durability of something is irrelevant if the thing itself is useless.
The portability of something is irrelevant if the thing itself is useless.
The divisibility of something is irrelevant if the thing itself is useless.
Etcetera, etcetera.

The only demand for something like this comes from either a mistaken understanding of what ‘value’ is/means (e.g. believing that the ‘durability’ of something otherwise useless makes it valuable), or from the Keynesian Beauty Contest linked above.

This dynamic makes cryptos wonderful as instruments of speculation, but they will never be money unless they are backed by some independently useful commodity (which IIRC some actually are), or are made legal tender by some government (which defeats the point).

  Benjamin Davies addressed criticism #2495.

Is "it contains bitcoin's solutions to fiat, and also solves bitcoin's lack of privacy" easy to vary? Could be made harder to vary by explaining the technicals of zero-knowledge proofs as well (though I'm not konwledgeable enough to do that here).

#2495​·​Erik OrrjeOP, 9 months ago

The part that is easy to vary is that an arbitrary amount of different cryptos can be made with the same features.

The features themselves can be as specific as you like but the overall argument is still extremely easy to vary, because it is an argument for a specific cryptocurrency.

It is the same as arguing for a specific god because the god you like has specific features. The god itself is still easy to vary.

  Erik Orrje addressed criticism #2427.

Why not some other cryptocurrency that also has those features?
For example, why not an existing or future fork of Zcash?

“[Insert favoured cryptocurrency] will become the next money” is an extremely easy to vary statement.

#2427​·​Benjamin Davies revised 9 months ago

Is "it contains bitcoin's solutions to fiat, and also solves bitcoin's lack of privacy" easy to vary? Could be made harder to vary by explaining the technicals of zero-knowledge proofs as well (though I'm not konwledgeable enough to do that here).

  Erik Orrje addressed criticism #2425.

Utility is not a necessary aspect of money.

Money without other use cases only holds value to the degree it can continuously win a Keynesian Beauty Contest in the market.

In other words, it has no underlying value.

#2425​·​Benjamin Davies, 9 months ago

Thanks for the criticism. New argument: Utility (besides usefulness as money) is not strictly necessary, although it may be nice to have. The value of a currency is set by supply and demand.

Supply: A limited supply (scarcity) may increase the value.

Demand: Demand is set determined by how well people percieve the currency's features as a store of value, medium of exchange and unit of account. Important factors include: Durability, Portability, Divisibility, Fungibility, and Stability. Gold has had most of these features (importantly scarcity, only 2% inflation from mining). However, it severely lacks in portability due to being a metal, compared to hard digital assets.

So the value of a currency is mostly determined by its perceived usefulness as money, not its utility for other things.

  Benjamin Davies addressed criticism #2478.

I suppose that would make it a bit harder for bad actors because they’d need to monitor multiple deadlines, but they could still submit arbitrary counter-criticisms just in time to avoid paying. Or is there something I’m missing?

#2478​·​Dennis HackethalOP, 9 months ago

The counter-criticism moves the deadline forward again the same fixed amount.

  Dennis Hackethal addressed criticism #2476.

The timeframe to address the criticism should start counting down from the moment the criticism is made, rather than the original post. So it would be a continuous thing rather than a single deadline for everyone.

The OP could end the bounty if there are no outstanding criticisms and he no longer seeks a solution.

#2476​·​Benjamin Davies, 9 months ago

I suppose that would make it a bit harder for bad actors because they’d need to monitor multiple deadlines, but they could still submit arbitrary counter-criticisms just in time to avoid paying. Or is there something I’m missing?

  Benjamin Davies commented on idea #2473.

As much as I dislike LLMs, I’m thinking of using them to show summaries of discussions at the top of the page. Summaries would reflect ideas without pending criticisms.

#2473​·​Dennis HackethalOP, 9 months ago

I think definitely worth trying, sounds like fun