Why Gandhi Will Never Be A Mahatma?
Some of the most interesting parts of @Ram_Guha book concern another group Gandhi sought to instruct: women. Two sections in particular are likely to raise eyebrows. The first is Guha’s account of Gandhi’s relationship with the writer and
The second section that will provoke controversy tackles an even more sensitive subject: Gandhi’s
Manu had lost her mother at a young age and had been taken in by Gandhi and his wife (who was deceased by the time the “experiments” started). Manu grew up in an ashram in which everyone was devoted to her great-uncle
In the wake of #MeToo, we know that the powerful may delude themselves about the willingness of those they manipulate, and that their less powerful victims may go along with things they do not want because they are overwhelmed by
Guha provides extensive evidence of the horrified reaction of many of Gandhi’s friends and followers at the time. Most were appalled that a young woman should be used as an instrument in an “experiment,” and some of his political allies, like
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So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
If everyone was holding bitcoin on the old x86 in their parents basement, we would be finding a price bottom. The problem is the risk is all pooled at a few brokerages and a network of rotten exchanges with counter party risk that makes AIG circa 2008 look like a good credit.
— Greg Wester (@gwestr) November 25, 2018
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.