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The TFM Show: 9/18/2021

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T F Monkey
T F Monkey
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Published on 19 Sep 2021 / In People & Blogs

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captaingabi
captaingabi 11 months ago

TFM says crypto does now have intrinsic value. TFM also says the Mastercard and Visa now fucks with everybody and basically tyranically dictates to the world. And I connect the two, and suddenly, crypto gets something much valuable, than intrinsic value, as it gets the possibility to get around Mastercard and Visa.

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TwoThousandShadows
TwoThousandShadows 11 months ago

I mean ya trading crypto can get around those but it’s so unstable and or over priced that it’s not realistic to use.

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captaingabi
captaingabi 11 months ago

@TwoThousandShadows: Yep. it is indeed unusable right now. But the tech is there and it really makes it easy to go around Visa and Mastercard. Or around any government for that matter. I forsee a shadow economy arising which can overgrow the economy currently handled and restrained by governments, and that will be the ultimate anarcho-capitalism. And then you can decide how mig portion you want to participate in the 2 aconomy with your own wealth and work.

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Darthtickles
Darthtickles 11 months ago

what does crypto have to do with it? payment processors crack down on people as a response political winds. if people actually transacted in crypto, those same political winds would fall on crypto. as long as pow crypto requires massive physical farms to operate, they are just as vulnerable to sovereign interference. a pos system is basically just a traditional payment processor in regulatory terms. so crypto solves absolutely nothing.

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captaingabi
captaingabi 11 months ago

@Darthtickles: No because they are decentralized, so no one can control it, no political wind or regulatory entity can do anything about it. You need to shut down the whole internet and whole power grid all over the world and that still only means shutting it down, not controlling it. You need to understand that even if a big farm is shut down in one country, it can go on with lower hash complexity (if we talk about PoW). And PoS can also go even if some of the stakers are politically controled or shut down.

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Darthtickles
Darthtickles 11 months ago

@captaingabi: lmfao. so if crypto can just go to another country, why cant payment processors? see? its a moronically childish argument. any challenges faced by traditional payment processors are just as relevant to crypto. either through the physical presence of pow or the ability to crackdown on pos holders. there is no actual decentralized crypto, its just a myth for gullible nerds

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TwoThousandShadows
TwoThousandShadows 11 months ago

@Darthtickles: it’s hard to regulate or tax something that can be shipped threw thumb drives. Once they get to there destinations they can be sold for there currency. Even if they try and put a tax on the electronic sales it will just be sold for paper and slowly transferred into account via small deposits to not trigger anything on the gov side.

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Darthtickles
Darthtickles 11 months ago

@TwoThousandShadows: nonresponsive

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Lorgar
Lorgar 11 months ago

:( I believe in chaos! Why are my views being disregarded?

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Russians_are_from_Mongolia

TFM: You yourself said that giving free food to Africa is bad because farmers in Africa can not compete against free.
At the same time, you say free trade is good. International free trade can be used as a weapon. Just like spreading certain beliefs among women can be used as a weapon too. Libertarianism works only within a nation. Within a nation, there can be free-market capitalism and freedom in general. Outside a nation, there are hostile enemy forces which can exploit porous borders by spreading harmful ideas, harmful products/services, or harmful people/migrants.

One big reason China sells so much stuff is because a lot of people (as TFM says) prioritize their short-term interests over long-term interests. In other words, most people prioritize low cost over durability/reliablity. TFM even says Singapore is right to force their citizens to put money into a retirement fund. Why not put tariffs on low-quality imports in order to discourage citizens from buying imports that may be low quality and/or harmful ?? Why not force foreign companies to obey the same laws as domestic companies?? If the rule of law does not apply to foreign products, it means your domestic industries shutdown because domestic companies can not compete against extremely low-price/low-quality imports that operate outside the rule of law. I am not saying there can not be imports. I am saying there is a double standard here. High taxes/regulations on domestic products/industries. No taxes/regulations on foreign products/industries.

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TwoThousandShadows
TwoThousandShadows 11 months ago

A welfare program and unrestricted trade are not the same “free”, like I know your argument relies on word games and no critical thought to work but come on man

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Russians_are_from_Mongolia

@TwoThousandShadows: You are an idiot who plays words games and then accuses me of playing word games because you want to appear smart by arguing about the definition of "Free". Go suck Putin tiny cock, fuck face.

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TwoThousandShadows
TwoThousandShadows 11 months ago

@Russians_are_from_Mongolia: just fucking with you. No but on a serious note you do have a good point about not letting double standards come about for imports tax rates a safety regulations and local taxes and regulations.

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Russians_are_from_Mongolia

@TwoThousandShadows: You must be the same idiot troll "RoboCat". Please just fuck off any stop annoying me with your stupid illogical bullshit.

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TwoThousandShadows
TwoThousandShadows 11 months ago

@Russians_are_from_Mongolia: unfortunately not, just a dude who likes to watch monkeys throw there own turds for 4+ hours.

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Joekerr
Joekerr 11 months ago

33:00 Disagree with TFM on this. PUAs like Donovan Sharp has said that hot girls are for the streets.

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Darthtickles
Darthtickles 11 months ago

2:48

truly active socialist agitators are all proto-feudalists in disguise

its just a means to an end

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