I think in this scenario you just have to pretend we are ok economically, because of the Internet went down entirely, the world economy would completely collapse in a few hours to days.
Takumidesh
joined 1 year ago
Money hasn't been printed, but for the bookkeeping, 3 individuals who have contributed a total of 200 dollars, have in their accounts 380 dollars.
When a bank loans your money out, as we are well aware, they don't change the account in your balance. In order to do that, the dollar being loaned must be duplicated somehow. This is normal to how fractional banking works, and guidelines and requirements for how much specific money you need to maintain doesn't change that.
The only way to change it is to switch to full reserve banking.
If a bank is able to loan out your money, without also removing it from your account, it is by nature created, the money is in two places at once.
This is how banks work.
You deposit 100 and I deposit 100, bank is required to keep 10 percent in cash (for example) that allows for 180 in loanable cash.
The bank loans out 180 dollars, now you have 100, I have 100 and someone else has 180, that money has been 'created' out of thin air.
The banks count on the fact that that me and you won't both withdraw all of our money at once.
When banks finish the day, they actually check and see if they are within all of the margin limits that are required and do overnight loans from other banks to stay legal.
Look up fractional reserved banking.
But why would you run steam under wine? The games themselves make sense, but steam not so much.
Why do they need to enforce it though?
They are all over the place, they just don't get promoted much and get buried in steam releases.
Email is not the same, if it was, then mastodon would just be another email client.
One of the biggest issues with federated social media is discovery, a specific problem that email doesn't deal with, sense communication with email is primarily done between individuals with known addresses.
It's also easy for people to comprehend email because it has an easy analog to regular addresses and traditional communication (I'm writing a letter on my computer and it's getting sent to someone else's computer)
Finally, it took email decades to get to the place it is today, and 99.99999 percent of people using it don't understand how it works in the slightest, like at all.
A plastic is just a material made from polymers, you are the one adding artificial limitations on what polymers can be used. The belts in tires use both nylon and polyester which are both plastics by anyone's definition. So even by your strict definition, tires are made up, at least in part, by plastic.
It's absolutely not stupid to turn your back on family because of politics.
It's not a sports team, it's conscious decisions that affect the law and how we are governed.
Yes people have to prove themselves, what the fuck are you talking about about? You can't just engineer a skyscraper because you say you are really good at it. The FE exists for a reason.
If you want to be really pedantic, water is created and destroyed all the time, it's just a relatively stable process. Water is destroyed in the upper atmosphere and by lightning, and is created in volcanic eruptions and combustion. (Among many other ways)
Normal people can't reasonably spin up a mastodon server either.
Everyone here seems to vastly overestimate the general public's technical knowledge and desire for this kind of thing.
You have technical knowledge hurdles, financial hurdles, ISP hurdles, government hurdles (in some countries), bandwidth hurdles, storage hurdles, and more.
Running a server even on a raspberry pi takes a decent amount of effort, and when your server is down, because regular people aren't going to have HA and battery backups and multiple Internet connections, etc, your service goes down.
Most people, like 99.9999 percent of people don't Want to deal with any of that, I mean hell, regular people don't use ad blockers, know what linux is, what a raspberry pi is, what a server is, how any of this works, or care at all. So many people here or so drastically out of touch it's wild.