Xerographica
02-24-2019, 05:30 PM
The root of the problem is the widespread belief that markets aren't truly necessary.
For example I've argued that, all else being equal, Netflix subscribers should have the freedom to spend their subscription dollars on their favorite content. Most people respond that this freedom isn't necessary. They perceive that Netflix already knows its subscribers' preferences thanks to... views/votes.
Is democracy truly more effective than markets at revealing what we truly want?
Reddit uses voting to rank content, and so does Facebook, Twitter, Youtube and Google. Except there's no way that voting and spending can be equally effective at ranking things.
Thanks to crypto, now there are sites that use money to rank content...
Honest Cash (https://honest.cash/)
Cent (https://beta.cent.co/)
Personally I prefer HC because...
- all the content can be sorted by value
- a post can have multiple tags
- each reply is its own post (like on Medium)
- when the people you follow spend their money on posts, they appear in your feed
- no need to setup a wallet (don't have to add MetaMask to Chrome browser)
The biggest drawback with both sites is that you can’t (yet) spend money on your own posts (https://honest.cash/Xerographica/promoting-your-posts-2043), which means that the rankings aren't as accurate as they could, and should, be. But at least you have the freedom to spend your money on other's people's posts.
Here's a list of some of the websites that promote markets...
http://www.learnliberty.org/
https://fee.org/
https://www.econlib.org/
https://www.cato.org/
https://www.adamsmith.org/
http://www.heritage.org/
https://mises.org/
https://liberty.me/
http://oll.libertyfund.org/
http://reason.org/
http://reason.com/
https://aier.org/
Not a single one practices what it preaches. Not a single one is a marketplace of ideas. Not a single one leads by example. Not a single one strikes the root.
The market is the most useful tool ever invented because we can use it to effectively educate each other about the usefulness of things. How useful are avocados to you? In a market you answer this question with your money. How useful are computers to you? In a market you answer this question with your money. Yet, despite the fact that the market is the most useful tool, it isn't being used by any of the biggest pro-market organizations, which is why the liberty movement isn't making any progress.
Fortunately for humanity, we now have HC and Cent. You should join them! Spend your money to elevate the most useful ideas!! Strike the root!!!
For example I've argued that, all else being equal, Netflix subscribers should have the freedom to spend their subscription dollars on their favorite content. Most people respond that this freedom isn't necessary. They perceive that Netflix already knows its subscribers' preferences thanks to... views/votes.
Is democracy truly more effective than markets at revealing what we truly want?
Reddit uses voting to rank content, and so does Facebook, Twitter, Youtube and Google. Except there's no way that voting and spending can be equally effective at ranking things.
Thanks to crypto, now there are sites that use money to rank content...
Honest Cash (https://honest.cash/)
Cent (https://beta.cent.co/)
Personally I prefer HC because...
- all the content can be sorted by value
- a post can have multiple tags
- each reply is its own post (like on Medium)
- when the people you follow spend their money on posts, they appear in your feed
- no need to setup a wallet (don't have to add MetaMask to Chrome browser)
The biggest drawback with both sites is that you can’t (yet) spend money on your own posts (https://honest.cash/Xerographica/promoting-your-posts-2043), which means that the rankings aren't as accurate as they could, and should, be. But at least you have the freedom to spend your money on other's people's posts.
Here's a list of some of the websites that promote markets...
http://www.learnliberty.org/
https://fee.org/
https://www.econlib.org/
https://www.cato.org/
https://www.adamsmith.org/
http://www.heritage.org/
https://mises.org/
https://liberty.me/
http://oll.libertyfund.org/
http://reason.org/
http://reason.com/
https://aier.org/
Not a single one practices what it preaches. Not a single one is a marketplace of ideas. Not a single one leads by example. Not a single one strikes the root.
The market is the most useful tool ever invented because we can use it to effectively educate each other about the usefulness of things. How useful are avocados to you? In a market you answer this question with your money. How useful are computers to you? In a market you answer this question with your money. Yet, despite the fact that the market is the most useful tool, it isn't being used by any of the biggest pro-market organizations, which is why the liberty movement isn't making any progress.
Fortunately for humanity, we now have HC and Cent. You should join them! Spend your money to elevate the most useful ideas!! Strike the root!!!