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Bayon

@bayon

201 followers 8 following 38 posts Reputation 44.09

Bayon
@bayon Oct 18, 2018, 8:40 AM UTC

Universal Basic Income is a fairy-tale. Can someone please explain to me how this idea makes any sense.

I think that Universal Basic Income (UBI) is the dumbest idea currently circulating, and I am amazed at how many otherwise thoughtful and articulate people are proposing it. So much so, I am beginnin…

5 upvotes 13 replies $0.00
Bayon
@bayon Aug 17, 2018, 7:44 AM UTC

A depreciating currency with a capital gains tax is evil.

If a country has a currency that is loosing value, and a tax on capital gains at the same time, you loose. There is no way for you to save for your future, and not be thieved from in some sneaky, har…

9 upvotes 2 replies $0.00
Bayon
@bayon Nov 4, 2017, 12:58 PM UTC

“There is no wealth like knowledge, no poverty like ignorance.”

These quotes are attributable to Ali ibn Abi Talib, who was a military, political and religious leader in Arabia during the 7th Century. The quote in the title is something that struck me as being in…

11 upvotes 4 replies $0.03
Bayon
@bayon Oct 30, 2017, 1:47 PM UTC

The ignorance of the minimum wage.

The minimum wage makes poor people poorer, and so does the opposite of what the people who believe in it think that it does. This populist belief, that the government can make people wealthier, simpl…

22 upvotes 9 replies $3.16
Bayon
@bayon Aug 20, 2017, 1:24 PM UTC

The only reason that you hold your opinions is because you have been deceived by propaganda media, and you’re too small minded to see it.

Rant: From politics to Bitcoin, this silly non-argument is in common use. Keeping up with the Bitcoin drama, and the split in the community and chain, I’m reminded of politics. The discussion in the…

15 upvotes 6 replies $0.04
Bayon
@bayon Jun 19, 2017, 9:27 AM UTC

Something I find unbelievable has just happened to me.

I had bought some shares in a mutual fund about a year ago, that invests in gold mining companies. I’m bullish on gold in the long run, and so it stood to reason that, if gold rises, the shares of th…

8 upvotes 0 replies $0.00
Bayon
@bayon Jun 4, 2017, 2:34 AM UTC

Bitcoin (and all things like it) will be more disruptive than the printing press.

I think it is difficult to overstate the importance of what began on the 3rd of January 2009. The first crypto-currency, and the genesis block of the first blockchain database was created on that dat…

12 upvotes 2 replies $0.21
Bayon
@bayon Jun 3, 2017, 4:36 AM UTC

Hello World.

This is my first attempt at writing, anything, in my life. I have never had a blog, diary or journal. I am a private person and cringe at the thought of spilling my personal thoughts all over the int…

23 upvotes 13 replies $0.62