The term "daemon" used in computing is derived from Greek mythology and refers to a supernatural being that is neither good nor evil, but rather an intermediary between humans and the gods
The term "daemon" used in computing is derived from Greek mythology and refers to a supernatural being that is neither good nor evil, but rather an intermediary between humans and the gods
BTC is not the gateway to crypto. It is controlled opposition, a false flag of sorts, that sucks resources away from true alternatives to the fiat monetary system.
"Hodl BTC! Not your keys, not your coins!" - If everyone tried to do this and only created a single withdrawal transaction, it would take the BTC network 50 years to process at their cap of 300k transactions per day.
Forces of supply and demand apply no matter how big of an economy you're dealing with. "Macroeconomics" was invented by socialists/Keynesians.
While I share your contempt for Keynesian economics, and while "macroeconomics" in particular could be just keynesian nonsense (I don't know), I would still think that there should
be room for a macroscopic view of things. The science analog I would use to suggest this is Quantum Mechanics vs General Relativity. QM is super accurate for small things.
I agree GR works better for big things and QM better for small. But in the case of economics micro works better for both big and small
While Macro, OTOH, necessarily involves much more psychology, sociology, and other things disciplines that still lack predictive quantitative models (eg, equations that Actually Work)
I can get on board with that.
I have not studied econ. But my outsider's view is that Micro seems to be a well-understood, quantitative science.
While Macro, OTOH, necessarily involves much more psychology, sociology, and other things disciplines that still lack predictive quantitative models (eg, equations that Actually Work)
Microeconomics is real economics. Macroeconomics is made up to imply there's some magical line you cross where it switches from real economics to fantasy economics.
Forces of supply and demand apply no matter how big of an economy you're dealing with. "Macroeconomics" was invented by socialists/Keynesians.