How to Explain Bitcoin!
"I have trouble explaining to people why the genuinely decentralized nature of Bitcoin along with it's totally anonymous conception (in the sense that we do not know who made it) are central to it's superiority not only as a cryptocurrency but as a means of exchange and as a savings technology. Can you go over why those two aspects are so unique and important?"
"Stef in a recent question you answered you said that a person should stick to principles. My question is to what extent should a person value principles over virtuous goals? For example you would agree as you have previously stated that it would be immoral for a man to impregnate a prostitute as a prostitute would needless to say be a terrible mother. You would also say that it would be immoral to date a heroin addict single mom for similar reasons, now to clarify I don't want to strawman you so I don't necessarily believe these scenario's are all immoral or if they are just major red flags of dysfunction and that if such dysfunction were to occur you couldn't necessarily ascribe any innocence to such a man that puts himself in such a situation, see your prior answer to the heroin drug addict mother for example. This backdrop leads me to my main question, now I'm arguably in the top 1% of looks and I'm probably also in the top 1% of IQ, so the following question I am going to ask you is completely hypothetical, that said as you are a philosopher I believe you see tremendous value in hypothetical questions. My question is how much do principles matter in a scenario like this: if a man is below average looking, let's say as well he also has below average income and below average salary. For the sake of argument let's just say the man is an elephant man, if you are unaware an elephant man is a seriously disfigured man, see the David Lynch movie 'The Elephant Man' if you are not familiar with the term(a deeply philosophical movie by the way). Anyway back to my question if a man is well below average or for example you can take the extreme example, an elephant man, such a man would understandably find it extremely hard to get a wife, my question is should a man in such a position choose principles over the most important goal of man and arguably everyone's life regardless of whether they admit it or not, which is to have children. Such a man would have very limited choices in regards to women, especially in the 21st century where even good looking guys struggle to get women, such a man may very likely be presented with a choice to have children with a single mom or a take an extreme but in this case a very realistic alternative a prostitute. No men desire to date or especially marry and have kids with a prostitute but at the same time no women want to date men at the bottom of the socio-economic ladder, especially if he is also physically unattractive, short and/or in an extreme example disfigured as the result of war or genetic defects. My question is should such a man choose to follow principles and remain lonely and childless or reject principles by having children with a prostitute? This is why I said this question is hypothetical because it is easy as a guy who is good looking like me or a successful guy like you Stef to follow principals in choosing spouses but can we blame a man in such circumstances for not following principles?"
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Ok you did not explain anything except that bit coin is not centralized, So I buy 1000 dollars of bit coin. What does that mean for me? Do I get to use it or does it just sit in the account, how do you access your money? I Just need to understand is this an investment does it grow, You said something about it being susceptible to fraud how? I mean why does a person get in to Bit coin. I have a friend who does not know how to explain how it works but he said he has lost a lot of money but he keeps funding his account so how do you lose money in Bit coin.
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