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arthur_affect's profile
Arthur Chu
Arthur Chu
Arthur Chu
Verified account
@arthur_affect

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Arthur ChuVerified account

@arthur_affect

Mad genius, comedian, actor, and freelance voiceover artist broadcasting from the distant shores of Lake Erie (he/him)

Broadview Heights, Ohio
arthur-chu.com
Joined August 2009

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    1. Frank BigTime‏ @FrankBigTime Mar 1
      Replying to @BitcoinBiology @Tom_Scribbler and

      Money is debt owed by society to individuals for the value their labour or goods create. Bitcoin is bad money because its value fluctuates too wildly. It is bad if yesterday my labour earned enough to pay a day’s bills, but today it earned enough to pay a week’s.

      1 reply 1 retweet 28 likes
    2. ₿itcoin ₿iohazard, protocol supremacist  🧬 🔬 ☣️ 🐝 🔑‏ @BitcoinBiology Mar 1
      Replying to @FrankBigTime @Tom_Scribbler and

      "its value fluctuates too wildly" The Internet was volatile in its early years. A growing tree fluctuates. If you want stability, stick with dead trees and Encyclopedia Britannica.

      6 replies 0 retweets 0 likes
    3. Scribbles McGee‏ @Tom_Scribbler Mar 1
      Replying to @BitcoinBiology @FrankBigTime and

      Okay now address the other half.

      1 reply 1 retweet 15 likes
    4. ₿itcoin ₿iohazard, protocol supremacist  🧬 🔬 ☣️ 🐝 🔑‏ @BitcoinBiology Mar 2
      Replying to @Tom_Scribbler @FrankBigTime and

      Look at all that productivity in Venezuelapic.twitter.com/xipCpO1BUu

      1 reply 0 retweets 1 like
    5. Scribbles McGee‏ @Tom_Scribbler Mar 2
      Replying to @BitcoinBiology @FrankBigTime and

      That does not address the point. The purpose of money is to represent the productive force in society. What do you think happens when you link that to 'true scarcity'?

      2 replies 1 retweet 20 likes
    6. ₿itcoin ₿iohazard, protocol supremacist  🧬 🔬 ☣️ 🐝 🔑‏ @BitcoinBiology Mar 2
      Replying to @Tom_Scribbler @FrankBigTime and

      Austrian vs Keynesian debates are not my thing. Good question to ask @saifedean or @stephanliverahttps://mises.org/library/deflation-and-liberty-1 …

      2 replies 0 retweets 0 likes
    7. ₿itcoin ₿iohazard, protocol supremacist  🧬 🔬 ☣️ 🐝 🔑‏ @BitcoinBiology Mar 2
      Replying to @BitcoinBiology @Tom_Scribbler and

      To be honest I don't care about either definition of money based on norms and definitions of society. I'm a scientist, and the universal currency of this universe is energy. Bitcoin is backed by pure energy stored in unbreakable asymmetric encryption. laws of nature

      8 replies 1 retweet 3 likes
    8. Alex P  👹‏ @SaddestRobots Mar 2
      Replying to @BitcoinBiology @Tom_Scribbler and

      "i'm a scientist, so i like to waste lots of energy"

      1 reply 0 retweets 4 likes
    9. ₿itcoin ₿iohazard, protocol supremacist  🧬 🔬 ☣️ 🐝 🔑‏ @BitcoinBiology Mar 2
      Replying to @SaddestRobots @Tom_Scribbler and

      nopic.twitter.com/V5JLI3Aq3C

      1 reply 0 retweets 0 likes
    10. Alex P  👹‏ @SaddestRobots Mar 2
      Replying to @BitcoinBiology @Tom_Scribbler and

      the article cited in this graph claims "With Bitcoin mining as an incentive, it may shrink the time we get to [Kardeshev Type 1] from 200 years to less than a few decades." this is absolute crank shit, my dude

      1 reply 0 retweets 10 likes
      Arthur Chu‏Verified account @arthur_affect Mar 2
      Replying to @SaddestRobots @BitcoinBiology and

      I don't even wanna say this is violating thermodynamics, this is violating *arithmetic* You cannot *get more energy* by *using more energy*

      1:04 AM - 2 Mar 2021
      • 1 Retweet
      • 15 Likes
      • a catherine scorned Robert ACAB knubbvarg Halcyon, Official Space Professional 🦄 Orman Bet Amethystinia Is A Crotchety Old Internet Auntie tapeworthy Scribbles McGee
      1 reply 1 retweet 15 likes
        1. New conversation
        2. Arthur Chu‏Verified account @arthur_affect Mar 2
          Replying to @arthur_affect @SaddestRobots and

          The idea that if you simply consume lots and lots of energy it will "incentivize" the generation of more energy, faster than you use it, is cult shit It's the kind of thing a fucking crack addict says in movies

          3 replies 2 retweets 19 likes
        3. Arthur Chu‏Verified account @arthur_affect Mar 2
          Replying to @arthur_affect @SaddestRobots and

          "I may have spent my whole paycheck on crack, but I need to be on crack to work to earn that paycheck -- if I didn't smoke crack I'd have nothing to get out of bed for" At some point someone's gotta intervene

          0 replies 1 retweet 11 likes
        4. End of conversation

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