lavalamp comments on Open Thread, January 16-31, 2013 - Less Wrong

3 Post author: OpenThreadGuy 15 January 2013 03:50PM

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Comment author: lavalamp 24 January 2013 09:27:59PM 7 points [-]

reads article

He seems to model government as a single agent that plans and executes according to its best interests.

I model government as a collection of agents, mostly incompetent, with different incentives and interests.

If BTC indeed drops to zero via the mechanism he outlines in the coming year, I will be impressed and increase my opinion of him, which is (at the moment) somewhat low (this article being the only thing of his I've read).