The important thing here is to remember that anybody who disagrees with you is a fascist, out to destroy America and freedom. There's no possibility that this is a well-intentioned effort, rather than bank-funded malice. Furthermore, it's all the other party's fault. This guy's actually a closet republican / a perfect example of how extreme liberal democrats have become.
waterlesscloud posted a link to the letter. Read it, then (if you have a real opinion past "government = evil" or some equally inane platitude) contact your senator.
Some thoughts on the content (from someone not particularly optimistic about bitcoin, but somewhat more optimistic about cryptocurrencies in general): Manchin does not actually explain how the use of bitcoin harms anyone who does not deliberately buy-in. The theory that it harms the economy in general simply by being volatile strikes me as silly, given that it represents a vanishingly small fraction of our economy (which, as I understand it, is part of the reason it's so volatile, meaning that as its share increases, volatility goes down).
"I disagree with or dislike this man." therefore "He must be trying to take freedoms from me."
How this is working for me:
"He is trying to take freedoms from me." therefore "I disagree with and dislike this man"
(To prevent any speculation, I do not currently own any Bitcoin, nor have I ever owned any Bitcoin. I was however once tipped 10 doge on reddit for a rather clever dick joke... I do not have any sort of financial bone in this matter.)
What a ridiculous argument. Even if it's "well intentioned", that doesn't mean it's not trying to take away a freedom from you. I'm sure NSA was well-intentioned, too, post 9/11 - at least initially before they discovered what power they have, but that's a whole other issue.
You could also agree that Bitcoin needs to be banned, and that banning it is taking a freedom away from you. They are not exclusive.
What worries me most is that they will try to ban the protocol, and not just the USD-Bitcoin and Bitcoin-USD exchanges. Banning the protocol could have much greater negative consequences in the world of programming and cryptography, and it's probably not constitutional anyway.
Restriction of freedom is too easy to these people. This is why there's a general angst among libertarians. Any and every problem is to be solved by legislation, filled in by a regulatory agency. Sorry if you're more offended by the rhetoric of those whose freedom is restricted than by dastardly statist actions by those who couldn't even explain what it is they are trying to solve (Do you think Manchin can explain what Bitcoin is?)
Can't rake in the karma without toplevel posts making broad and vague complaints about unspecified comments.
It's a common pattern both here and on reddit (because top-level meta-commments really are effective for farming karma), and it should really be against the guidelines. Best case scenario: the complaint is 100% valid and on target, but because it is a top level comment and correct it will rise to the top of the discussion while the offending comments will be downvoted and buried at the bottom. Refutations for shitposts should be buried with the shitposts^, visible to those who decide to read the shitposts but out of the way for everyone else. We don't need all discussions "bookended" by shitposts and comments refuting shitposts.
^ Not buried by being downvoted of course (accurate refutations of shitposts should generally be upvoted), but rather buried by merely being the child comment of a downvoted post.
I don't think it really implies that. Not outside of any idealized world anyway.
A few things are going on:
* Highly visible posts (on HN, you can get visibility early on by making top level posts. Very recent top level posts tend to be displayed at the top of the page) will receive more votes, up or down, than posts which are less visible.
* Votes are crude. I might see two comments which I think are good, and vote both of them up. But what if I thought one of those comments was not merely good, but excellent? I cannot communicate that to HN without either neglecting to upvote the merely good comment, or by 'strategically' downvoting the good comment.
Combine these and a good top level comment refuting a comment will likely receive more upvotes than a superb child comment refuting a comment, even if each individual reader in the thread would say that they preferred the child comment. Vote counts, despite appearing democratic from 1000', do not necessarily illustrate the will of the readers.
There is a third thing going on too:
* People love online drama and arguments.
Exhibit A would be Reddit's 'subreddit drama' subreddit, which does nothing but link to arguments on reddit for the amusement of the subscribers. Because of this, posts that are confrontational or take unnecessarily strong stances and indict large vaguely defined groups of people will rake in the upvotes. Maybe that is what HN readers want, but should that be what HN gives them? If the site ran itself as a pure democracy with no guidelines or moderator assisted shaping, it would all just be image macros and pictures of pets.
I think part of the problem is an upvoted reply post doesn't filter to the top of the page, it's tied to the rank of its parent. A +10 reply post, replying to a -3 top-level post, will be seen by no one, despite being highly valued by the 10 people who did see it. A -5 reply post to a +6 top-level post will still be in reasonable scrolling range.
Top-level posts have a major visibility advantage over reply posts, and thus have a karma advantage.
I wonder if weighting a top-level post's score by the score of its children would help alleviate this. On one hand, there could be more rewards for trolling, since a troll that attracts popular refutations will be visible. On the other hand, a civil post that is both upvoted itself, and invites interesting upvoted discussion, will outrank the troll post.
Maybe we should negatively weight "awarded karma" by the height a comment is on the page.
A 100 point comment that is two or three screens down and buried in a nest of mediocre comments is almost certainly better than a 100 point top level comment at the top of a discussion. The later is a much more difficult and impressive feat.
Comments would have the same point values, but the value that is added to the user's karma score would be weighted. Getting lots of points would still make you feel good about your comment, but it would neutralize more ...strategic karma farming.
Few people will agree with me and they're never going to implement it, but I think comments shouldn't carry karma. It just encourages too much pettiness.
How? My post is not a top level post, is a specific complaint (top level posts calling out nobody in particular), about a specific comment (https://news.ycombinator.com/item?id=7307696), made by a specific person (@srl).
If you want other examples of similarly egregious comments I'd be more than pleased to provide them, but we already have a perfectly functional example right here.
I am not opposed to people discussing commenting trends or karmic-system theory (_particularly_ when a concrete example is given), I am opposed to them doing it as top level posts in conversations not specifically about commenting trends or voting systems.
"Top level, or not" may not be something that you find to be an interesting consideration, but it is what I am complaining about. Since meta-conversation in general is not what I am complaining about, there is no irony.
Very few politicians have a firsthand understanding of issues like this. You don't have to attribute "fascism" to them to wonder who actually drafted the talking points embodied in that letter.
You do realise that you're essentially agreeing with the comment you're replying to, since your argument is that it's the staff of politicians who are knowledgeable and not the politicians themselves?
His implication is that it was drafted by lobbyists, because "how else would a Senator hear about Bitcoin?" My point was that staff are very knowledgeable about these things, so I wouldn't assume it was lobbyists.
I'm pretty sure his staff understand this well enough to appraise the senator of who stands on which side of this issue. But that hard-working and intelligent staff isn't there to get in the way of a position backed by lobbyists and donations. They are there to make it work for the senator and minimize risk.
waterlesscloud posted a link to the letter. Read it, then (if you have a real opinion past "government = evil" or some equally inane platitude) contact your senator.
Some thoughts on the content (from someone not particularly optimistic about bitcoin, but somewhat more optimistic about cryptocurrencies in general): Manchin does not actually explain how the use of bitcoin harms anyone who does not deliberately buy-in. The theory that it harms the economy in general simply by being volatile strikes me as silly, given that it represents a vanishingly small fraction of our economy (which, as I understand it, is part of the reason it's so volatile, meaning that as its share increases, volatility goes down).