All of indrekk's Comments + Replies

1
huw
8d
Hey there! I wrote up my thoughts in another comment here.

Wow, nice! Thanks for sharing! That's great news!

Your reference 7 is titled "Effective Altruism's Growth Has Stalled", but that's not the title of the article, and a claim to that effect does not exist in the text.

2
Lorenzo Buonanno
11mo
I think this is GPT generated, moved to drafts

Unfortunately I don't have any deep insight to offer. All things science have interested me since age 6, and when I first encountered chemistry in high school it seemed like the most interesting subject by far.

To get an idea of what you would like to do, it helps to try as many different things as possible. Job shadowing is good, but the closer you get to trying out the job itself, the better. Try to intern in any company that would take you.

If you have the financial means, it's much better to take a year or two off before college to figure out what you wa... (read more)

I'm no chemist, but I can imagine this kind of expertise being useful for vaccine production (maybe?)

Organic synthesis sadly is a bit too far from immunology to have much skill crossover. Though of course making an immunologist out of a chemist would be faster than out of a layperson.

We do quite often help universities and startups with research and clinical trials, so the net good from my work is still above average, I would hope.

Not that I think this is essential — it sounds like you're living your dream, and that's an extremely good reason to have a jo
... (read more)

I'm not saying it should be "suppressed", but that it should fall under similar regulations to normal money, to prevent abuse and fraud.

Cryptocurrency is a solution looking for a problem. Buying drugs is one of the only problems it's a significant improvement upon, everything else we can already do with normal money. I see no reason to believe it will ever account for more than 1% of the world's transactions.

And yes, if the monetary system is completely dysfunctional and a tool for stealing wealth from your citizens, like in Venezuela, then I guess internet money is better than normal money. In the case of Venezuela, Runescape money for example has been used for this same purpose.

-1
bejaq
3y
Here is documentary that might give you an impression how creating new local currencies can successfully solve real-world problems, blockchain technology fits very well into that because of it's decentralized and digital nature, making it a lot easier to create, distribute and convert currencies (although the documentary doesn't focus on that aspect, but is explained more in depth on the website). And here some research: https://www.grassrootseconomics.org/research  
1
bejaq
3y
Ah, OK, so I think your point is more along the lines of "it's relatively irrelevant" which I really didn't even take into consideration given the already significant effects of crypto (for example in terms of CO2 emissions which are already about 0.1% of total emissions) and the extreme growth the market has seen and is seeing.   I would say the percentage of transactions is not really the main factor here, more the wealth held in it, and crypto already is well on it's way of holding 1% of the world's wealth. Maybe you don't believe it solves any genuine problem for you in particular or for society as whole, but creating money out of nothing clearly is a very powerful tool if you happen to wield it, so I don't see it going anywhere. Even if it does end up just being used in the black market economy, that is estimated to be >10% of global GDP.

>2) Smart individuals (or lucky early-adopters) can become, or have become quite rich by utilizing the enormous growth of the crypto market which certainly is transformative for the individuals in question

This is  called speculation, which you seem to be against. If you like the idea of your cryptocurrency being worth lots of dollars, you're not supporting the idea of crypto, but the idea of dollars.

>3) It has created a new eco-system in the technology/financial space, where money and ideas flow quite differently than before

This is a sentence co... (read more)

1
bejaq
3y
Unfortunately you seem to miss the point. I am not here to say how great cryptocurrency is, although it can undoubtedly be extremely profitable (for better or worse), but to point out shaping it positively is important. I guess your argument boils down to suppressing cryptocurrency being more viable than shaping its development positively, but history shows that many goods cannot be effectively suppressed and if people derive a benefit from it they will continue to use them, with all the disadvantage a black market brings (I am talking about the drug market). Also you have to seem a rather idealistic conception of government, where even if people have to deal with the consequences of dysfunctional monetary system (eg Venezuela), it's still preferable for people to suffer the consequences than to provide an alternative that is not sanctioned by the state.