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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. ₿itcoin ₿iohazard, protocol supremacist  🧬 🔬 ☣️ 🐝 🔑‏ @BitcoinBiology Mar 2
      Replying to @arthur_affect @Tom_Scribbler and

      what happened to the gold standard then ? what good is this promise outside of the USA?

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

      We stopped using the gold standard because fiat currency is better Being backed by the laws of the government of the country you live in is, in fact, the strongest thing any currency can be "backed by"

      3 replies 5 retweets 60 likes
    3. ₿itcoin ₿iohazard, protocol supremacist  🧬 🔬 ☣️ 🐝 🔑‏ @BitcoinBiology Mar 2
      Replying to @arthur_affect @Tom_Scribbler and

      *that is if you think the laws of the government are greater than the laws of nature

      4 replies 0 retweets 1 like
    4. Arthur Chu‏Verified account @arthur_affect Mar 2
      Replying to @BitcoinBiology @Tom_Scribbler and

      "Value" does not exist as a concept in nature, it is a concept that can only be defined and created by human beings

      4 replies 7 retweets 60 likes
    5. Jayna‏ @Tuplet Mar 2
      Replying to @arthur_affect @BitcoinBiology and

      I had just found the the definitions of the Reification Fallacy and the Mind Projection Fallacy while studying the philosophy of science regarding Quantum Physics and it would seem to apply well to money, especially Bitcoin.

      1 reply 1 retweet 5 likes
    6. Scribbles McGee‏ @Tom_Scribbler Mar 2
      Replying to @Tuplet @arthur_affect and

      At a high level, I think the world will be better once we stop trying to use money at all. But Bitcoin is not a step in that direction; it's a way to make money EVEN MORE damaging than it already is, which is impressive in a way.

      2 replies 2 retweets 22 likes
    7. Arthur Chu‏Verified account @arthur_affect Mar 2
      Replying to @Tom_Scribbler @Tuplet and

      Just like all the people pointing out the digital artists who once positioned themselves as radical anti-IP leftists and are now into blockchain are the worst kind of hypocrites Recreating IP in its worst, most destructive possible form

      1 reply 2 retweets 30 likes
    8. Arthur Chu‏Verified account @arthur_affect Mar 2
      Replying to @arthur_affect @Tom_Scribbler and

      I'm a big squishy sellout liberal when it comes to the concept of IP -- I think that, for all its flaws, unilaterally abolishing it under the current system will only hurt creative workers and artists But "fiat" IP is *limited*, it has *exemptions*, and it *expires over time*

      1 reply 2 retweets 26 likes
    9. Arthur Chu‏Verified account @arthur_affect Mar 2
      Replying to @arthur_affect @Tom_Scribbler and

      Copyright terms being limited is basically "inflation" -- you will lose your IP over time so as long as you have it you gotta use it or lose it The longer copyright lasts and the more expectation IP holders have of extension, the slower the "inflation" is

      1 reply 2 retweets 19 likes
    10. Arthur Chu‏Verified account @arthur_affect Mar 2
      Replying to @arthur_affect @Tom_Scribbler and

      And "low inflation" leads to the same dysfunction with IP that it does with money -- incentivized hoarding, soaring wealth inequality, a "recession" in new ideas

      2 replies 1 retweet 19 likes
      Arthur Chu‏Verified account @arthur_affect Mar 2
      Replying to @arthur_affect @Tom_Scribbler and

      But I never dreamed so many people would actually jump on the bandwagon of *deflationary* IP tied to the same deflationary spiral Satoshi envisioned for his ideal goldbug currency IP that lasts FOREVER until transacted away

      1:29 AM - 2 Mar 2021
      • 1 Retweet
      • 11 Likes
      • Bingo Bango Horrible Checkers Lad Appreciator Hoydenne Matt #BlackLivesMatter Jayna Jim the Viking Orman Mapache Arthur Chu
      2 replies 1 retweet 11 likes
        1. Arthur Chu‏Verified account @arthur_affect Mar 2
          Replying to @arthur_affect @Tom_Scribbler and

          And that costs thousands of tons of burning coal to create and then to continue to enforce, because you wouldn't want to trust "fiat" IP that the US Copyright Office can grant and then arbitrarily take away It's got to be a deal signed in blood Jesus Christ

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

          — nightmares of Encyclopedia Britannica editors

          1 reply 0 retweets 0 likes
        3. Orman‏ @LizardOrman Mar 2
          Replying to @BitcoinBiology @arthur_affect and

          I don't understand how this reference could possibly help your point. The EB establishing a a stranglehold ala blockchains would have squashed Wikipedia

          0 replies 0 retweets 0 likes
        4. End of conversation

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