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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (164094)10/22/2020 2:26:53 PM
From: sense  Read Replies (1) | Respond to of 218616
 
It appears their theory is that the problem with money is that it has value... the recognition of which leads to all sorts of inconvenient behaviors... which they hope to correct by removing the value from money, while insisting that choice won't operate to disrupt any of its other functions.

While acknowledging how moronic that is... clear headed observers should note... those are the same people who are in charge and making the decisions right now...?

As a first issue... I'd suggest their desires expressed in relation to digital currencies... are instructive mostly in the degree they reveal the depth in the lack of understanding... and the blindness to it. As they find "putting it in a computer" removes limits that constrain them now in managing "non-digital" money... that doesn't mean they're not already working assiduously against the same constraint in the non-digital world ? It only means that thus far... in the non-digital world... reality is winning the battle. They hope to turn the tide by going digital. And, there... I'll reach back to mention "tides and breezes" again in new context.

So:

Good ideas properly executed... tend to work out.

Good ideas badly executed... almost never work out... not ever. Reality is heartless in testing perception.

Even if you have a good idea, you still need capable clued-in people to make it work. Europe is proving itself inordinately adept at empowering totally clueless people... so that the more extreme claims they make while suggesting they'll be able to suspend the operation of the market equivalents of the laws of physics... the more positive that seems to them. Take the EU and Brexit as an obvious case in point.

Bad ideas... have a first limit in not actually having a proper means in execution to implement them... so holes being dug... begin to get dug deeper even in the preparations made.

Bad ideas... lacking a proper means of implementation by definition... still have no downside limits in being able to be implemented. At that point, though, our use of the language fails us, and that itself provides a telling clue about a much larger truth in the human condition:

We do have a word to describe "synergy"... even in spite of the rarity in our enabling it. But, the etymologists struggle finding a proper descriptor for its opposite. That's true, not because finding an adequate choice in a word is hard, or because its opposite is uncommon, but because, as they note, the lack of use means any "accepted" usage they declare... has the selected choices never "stick"...

People do make better choices when they can see the light of reason... but, for many reasons, people often are blind to it and cannot see... and then, that problem only gets worse, in the dark, as holes get dug deeper.

We find it hard to avoid digging holes deeper... and are also blind to the fact we routinely do... even to the limit that we don't have agreed upon words we can use to describe that far too common condition... that is the opposite of synergy.

So, I'd take the instance and use it to extend the discussion to incorporate not just the "new currency functions" as seen now by the leaders of Europe's hole digging project... but by using that discussion as an item of awareness, illuminate the issue as not about "currency", but about "Europe"...

Otherwise, Europe touting its rapid advances in hole digging technologies... seems, to me, unlikely to succeed in altering the function of holes...