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Joined 3 years ago
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Cake day: July 3rd, 2023

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  • I’d much prefer these bikes are on the main bridge platform rather than on the pedestrian part. The article makes it sound like they should have stayed off the road.

    I think requiring licences would be sensible at this point. For bikes AND ebokes that are using the roads. Sydney is becoming more bike friendly with cycle lanes, but there are lots of awful cyclists who whizz through pedestrian only areas and ignore bike signage and lights.

    Part of the problem is that it’s still car centric. Anywhere there is an intersection, cars are given right of way instead of bikes. That’s starting to change with bike turns across traffic being indicated with a box placing them in front of car cross traffic. So, I you are turning left, from a bike lane.on the right, you wait in a box further right. When the lights change, you cross before the cars do. Seems sensible.

    Unfortunately, there are lots of parts where a car turning across traffic or bike lanes is prioritized before bikes going straight.











  • If ai allows the improvements hoped for, it’s likely to increase productivity for humanity just like all other major advances did.

    It’s politics and laws that decide who benefits from it. Under our current systems, wealthy people and corporations benefit, but likey we’ll see increasing taxes on ai output and increases in ubi type schemes for people.

    AI is a bubble currently but it is an advancement in tech that provides benefit. Just nowhere near the benefit to be actual intelligence.

    Human jobs get eliminated by new tech all the time. This just has and will be rapid, which leads to upheaval. Unfortunately, it’s precisely at a time when the world is already moving towards war and authoritarianism, so it’s particularly bad timing.





  • Are you talking about individuals or states at this point? Or varies for each and I agree, outside their borders, for states, it is riskier. However, they are shuffling their hokdings to manage that risk. As are people, which was my point.

    I don’t think they messed up by trusting the US. It was safe and stable for a prolonged period. They fucked up by not recognizing the risk once trump term 1 started.


  • Yes, but some have transferred the bullion to holdings in the uk and Germany. And those countries have too.

    A lot is in the USA, but not all. Holding an asset, even in a failed country (which is highly unlikely, by the way) is still a viable asset.

    The fact that you think the USA could claim privately held assets as government property is precisely why some people want to hold gold rather than cash in an account which can be seized digitally.



  • Of the us dollar loses value, the government can " print " more to make their payments. That makes it worth less as it devalues and can lead to hyper inflation. All the while, others may dump dollars devaluing it more.

    With gold, of it’s price drops, you can just create more out of thin air. There is a set amount. Gold has inherent value as a rare metal, however most of its value currently is due to it’s scarcity making it a good store of value.