yogthos

joined 5 years ago
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[–] yogthos@lemmygrad.ml 6 points 4 weeks ago

this is actually a good write up on why this matters https://dc.claremont.org/how-america-can-lose-the-fourth-industrial-revolution/

China’s development of a “digital yuan” has prompted speculation about the Chinese currency as a possible replacement for the U.S. dollar. But China has neither the capacity nor the intention to replace the dollar system as it now stands. Rather, it is building another system in parallel that is likely to erode the existing dollar system and reduce America’s capacity to finance its deficit.

This will take place through digital currencies, which promise to drastically reduce transaction costs for international trade financing while improving transaction security. In the 18th century, financier Nathan Rothschild apocryphally said a bill of exchange in international trade should taste of salt, after accompanying cargo on a sea voyage. Blockchain allows the tracking of goods from factory to warehouse to port to container to ship, and enables just-in-time deliveries along with just-in-time payments. Once international payment mechanisms are in place, China can prevail on its trading counterparties to conduct transactions in the digital yuan.

[–] yogthos@lemmygrad.ml 2 points 4 weeks ago (3 children)

It's absolutely hilarious to see somebody who fancies themselves a materialist think that the categories they created in their mind supersede material reality. Having created arbitrary boundaries around things so that your mind can comprehend them, you turn around and treat these as if they were real physical properties of the world. What you've made abundantly clear in this thread is that you have no concept of what materialism is.

[–] yogthos@lemmygrad.ml 12 points 4 weeks ago

if only USSR managed to last a few more decades

[–] yogthos@lemmygrad.ml 11 points 4 weeks ago

I'm sure people who knew this was coming are well positioned to make money hand over fist from all the chaos.

[–] yogthos@lemmygrad.ml 2 points 1 month ago (6 children)

I am sorry that you dislike the taste of the words in your mouth, but you cannot blame me for they being there, if anything you are trying after the fact to change what you put there in the first place.

What I dislike is you misrepresenting what the words I wrote say. What I very clearly was saying is that internal contradictions CANNOT be viewed in isolation without considering external factors. The fact that you're unable to comprehend this simple fact is frankly phenomenal. In fact, it can be easily shown that contradictions can be broken down. The whole planet can be viewed as a set of materialist contradictions, and then each contradiction can be examined, and at ever smaller scale as a set of internal contradictions. Things don't just exist in a vacuum, and the notion of looking at any set of contradictions without considering the greater context is frankly infantile.

the inverted philosophical logic in changing “the external affecting the contradictions” to “the external resulting in the contradictions” makes the difference between yours and Parentis philosophical standpoint pretty clear.

What you're doing here is known as sophistry. You provide no actual analysis or a counterpoint, and just use write a word salad that lacks any actual meaning.

For a dialectical materialist abstractions are only part of the process of the understanding in our minds, not the conclusion of the process in reality, so if anyone can be blamed for creating a separation that doesn’t exist it is only the agnostic of us.

Nowhere did I say that abstractions were conclusion of the process in reality. This is just a straw man you're making instead of engaging with what's actually being said to you.

Considering that throughout this discussion I have already mentioned multiple times sources of Marxists writers on my points and your mistakes, while all you’ve brought so far is a misquoted Parenti quote (which I corrected) and your self-given ownership of the truth, I don’t think I need to say who is being pseudo something and should spend more time reading rather than writing.

The fact that you think the word salad you wrote corrected anything really says all I need to know. Simply regurgitating things you've read does not constitute genuine understanding of the subject you're attempting to debate. You are utterly incapable in engaging with an argument you're presented with in good faith and you use sophistry in lieu of argument. I've said all I have to say to you.

[–] yogthos@lemmygrad.ml 11 points 1 month ago

The reality is that these countries have no choice now. EU and Vietnam came crawling asking for zero tariffs and they got rejected. Given that the US will not even allow them to supplicate, they have no choice but to work with China or their economies will crash. Many European countries may choose to implode rather than work with China, but majority of the world will now.

[–] yogthos@lemmygrad.ml 3 points 1 month ago

oh I vaguely recall this now

[–] yogthos@lemmygrad.ml 4 points 1 month ago

I also expect that a moon launcher would probably be the most practical. There's no atmosphere to worry about, and very low gravity. Earth based launches like this do face a lot of challenges, but I guess we'll see if they manage to produce anything interesting. Even if they can't make it practical for use here, the research and development that will go into it will be useful for building this on the moon later.

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