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Eugine_Nier comments on Political ideas meant to provoke thought - Less Wrong Discussion

3 [deleted] 02 June 2014 01:20AM

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Comment author: Eugine_Nier 03 June 2014 01:22:51AM 3 points [-]

To come back to Moldbug, the interesting thing about the post that you linked is that his prediction about bitcoin turned out to be wrong. Bitcoin trades higher than when I wrote the post and is very far away from 0.

Well, his prediction about what the central banks and governments would do was wrong. His prediction about what effect such actions would have may very well have been correct.

Comment author: ChristianKl 03 June 2014 08:37:57AM 1 point [-]

He don't know about the effect such actions would have. I don't think that 0 is a good representation of what would happen if you just juke the exchanges. Nuking the exchanges would prevent a lot of people from selling bitcoins.

As far as the prediction that he made that we can evaluate on the other hand he was still wrong. I do think that thinking too much in a blue vs. green is part of the reason why Moldbug made that error.

Yes it's fun to engage into blue vs. green debates but you really have to take care to avoid coming to false conclusions.