Avatar
Mike Brock
b9003833fabff271d0782e030be61b7ec38ce7d45a1b9a869fbdb34b9e2d2000
Unfashionable.

Depends on what you mean by "absolute truth". I would argue that 2 + 2 = 4, is an absolute truth, in the sense, as David Hume would characterize in his epistemology, a "necessary truth". Another example being: all triangles have three sides. These things are necessarily true, and thus I would argue, are absolutely true.

But in the moral and empirical landscape, I would agree, that yes, absolute truth becomes a contradiction, as you say.

The world is simultaneously a lot simpler and dumber, and more complex and difficult to comprehend, than most people think at the same time.

The problem is a lot of the the things some people think are complex, are really simple. And a lot of things people think are simple, are really complex. Our intuitions habitually fail us in this regard.

It's kind of gross. But to be honest, I understand why. Any bank they acknowledge helping, will have a bank run. That's their thinking here.

Automated mining is also going to be a thing in 10 years with AI and robotics. Mark my words.

The rare earth metals issue is concerning. However, there are significant untapped deposits in the United States. In particular, there are known lithium veins in Nevada and Arizona. There’s additional exploration being done. North America is a very mineral rich continent. Canada has the second largest Uranium reserves behind Australia. There’s the beginnings of exploration for neodymium and such, as well.

While China has some advantages with much more developed mines and processing industry in some of these key areas, it’s not impossible and out of the question to develop substitute value chains in North America. Some of that is, as I said, already starting to happen.

Yeah. This is isn’t going to happen overnight. The complexity of the global value chain and innumerable interdependencies in the global trade system are very real. You’re right. But at the same time, the trend and the direction that capital is taking is telling a very interesting story, that I don’t think most people, say, even five years ago, would have believed was in the cards.

Also, people act like America has no manufacturing capacity to speak of. It seems like a poorly known fact, that America remains a strong #2 behind China in terms of the volume of manufactured goods. Given China’s demographic challenges, and the increasingly risky investment environment there, with Xi going down the Maoist route, it’s not even impossible to think of a future where America regains is crown as #1. I think America would have to liberalize immigration, among other things, to support that. But it’s no longer an impossible future.

Replying to Avatar Carl

Don’t you think DNS is fairly decentralized already? I don’t really get the concern to be honest. The internet is decentralized. Root servers around the world, not centrally managed.

https://bitcoinmagazine.com/technical/simplifying-bitcoin-addresses-dns

“It’s true that DNS has an inverted tree structure that terminates at the root “.”. But even that root is fairly decentralized, comprising thousands of servers operated by at least 13 disparate operators. The legacy DNS may be logically centralized but in reality functions more like a decentralized federation of sorts.”

I disagree. I think it’s highly centralized. And way more state-dependent.

The manufacturing re-shoring trend from China to the US is something I never thought I’d see happen. But what started as a trickle, has turned into a river. The sheer amount of companies announcing withdrawal from China and plans to build plants in the US is just crazy.

The upshot is, this is going to really change the nature of America’s trade balance with the world, which is going to have major geopolitical repercussions in the years to come.

The downshot, is this potentially increases the risk of kinetic conflict between China and the US as the decreasing economic interdependence also loses its moderating influence.

Contrary to the FUD by some that DID is tied to DNS because of the schemas at the W3C, we haven't done anything in web5 that has any dependency there. The reality is, the mixture of Web5 and Nostr togther provides amazing benefits for both. Beyond solving issues of identity at the client layer, identity at the relay layer, to create DNS-independent node discovery is potential huge advantage to further decentralize Nostr and make it even harder to censor.