McLuhan predicted a lot over 50 years ago. But why did we give up on control of our data and devices? Was it just the lure of ease-of-use and your-friends-all-joined, like Lemmings find the path to the cliff easy to use and everyone's doing it? It was the lure of a free lunch.
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Replying to @BrendanEich @Padre35 and
Wealth inequality creates a large group who can't afford to spend money on non-essentials, which pulls them to spend the currency that everyone has some of?
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Coercing something for nothing entails usurious contracts, implicit or explicit. Striking in “Molly’s Game” (explicit use of u-word by Molly Bloom) & now “Ready Player One” (debtors => the Loyalty Center). Inequality part of life, OOC in late capitalism == state-sponsored usury.
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Replying to @BrendanEich @dmose and
paying a third party to allow you to time-shift income is not usury.
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Are you referring to RP1?
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Replying to @BrendanEich @dmose and
not specifically. Paying someone for a service is not necessarily coercion, or something from nothing. In the case of debt, the service is time-shifting income and (therefore) risk transfer. Not necessarily usurious.
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You left out the crucial question of compound interest.
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Replying to @BrendanEich @someben and
Of course we agree, exchange is not usury -- nowhere said by anyone upthread :-|. From "Molly's Game": First of all, he'll never climb out of that, that's sharecropper math. It's also usury, it's racketeering. Second, you can't stake a player and play in a game at the same time.
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Replying to @BrendanEich @someben and
"you can't stake a player and play in a game at the same time." why not?
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Because your staked player could be colluding with you.
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I guess the analogy would need to be defined more before I could conclude that that is a good or bad thing.
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