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by wyas 2985 days ago
Attacks on the author aren't the best thing in general (https://upload.wikimedia.org/wikipedia/commons/a/a3/Graham%2...)
2 comments
panarky 2985 days ago
I agree that ad hominem attacks are generally counterproductive when your goal is to evaluate an argument.

However, when deciding whether to invest hours reading and discussing his latest arguments, the author's credibility is a factor.

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wyas 2985 days ago
Preston has some beliefs that don't make a lot of sense, I agree. But his ability to reason about technical facts is not impeded.

There is no fundamental argument he makes that can be refuted soundly, besides just disagreements in opinion.

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thinkloop 2985 days ago
Generally agree, but those are pretty damning comments showing a weak understanding of money mechanics, and this project is fundamentally about money mechanics.

The second comment is especially relevant as it deals with pricing, which is the thing this project is about: https://news.ycombinator.com/item?id=15792065

Author doesn't understand that prices are only determined by what people are willing to trade for, rather than them being some external thing that exchanges have to guarantee.

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