I swear this government asks "what do kids need", then does the opposite.
Rangelus
Sickening. Corruption pure and simple.
Even of the trains aren't free, it's mathematically true that every person who takes PT instead of driving reduces congestion by that amount.
It's not all that complicated a tasks to work out which has better value. If the money spent on roads will not reduce congestion by as much as the same amount spent on PT, then it's a fool's errand.
I would assume this has little to do with traditional cryptocurrencies, but uses Blockchain as it's leger.
If I were in charge of this project, I would have a centralized validation system, maybe a series of servers across the country for redundancy. It doesn't need PoW or PoS as all validation is run by the RBNZ.
As for what this solves, I can think of a few things:
- Opening up fiat interaction with other cryptocurrencies
- Much lower fees for digital transactions
- Near-instant transactions
- Physical storage of digital funds. Paper wallets and other secure methods
- From the govt point of view, perfectly tracible cash transactions
Completely agreed.
What's so stupid about this is sick kids do worse at school. Sending your kid to school sick gets other kids sick, which makes them do worse. Then they bring it home, and now parents are under performing at work as well. Keeping your kid home when they are sick objectively improves outcomes for everyone.
This does not pass the sniff test. Most of my sons' classmates are in school all term, bar the odd ilness here and there, or the odd early leaving for a holiday. If attendance was really that bad, you would expect classrooms to be much smaller.
Yes, exactly. But not in the direction you are suggesting.
Pakeha have enjoyed privilege for almost the entire history of New Zealand. For some, any effort to correct this may look like an unequal situation, but when looking at the bigger picture it really isn't.
They are removing the wording, as far as I know, to make it "focus on all New Zealanders", which it was already doing.
Again, I can understand why Iwi feel this is attacking them specifically.
This is exactly the issue here. The original plan talks about racism against everyone, AND specifically mentioned colonial racism for Maori. To make it "fair" this government wants to remove the later part. I can understand why Maori feel like this is an attack specifically against them.
No he's absolutely right. Children do not exist in a vacuum. Kids bring illnesses home with them from school, then parents get sick. This is how it works.
I think validating blocks should be done centrally as well. I can't think of a good reason to allow it for the public for a government backed fiat token.
Unless you want to save money on electricity. But I would hope the goal of this is to make the digital tokens functionally the same as cash, the biggest part being 0 transaction fees.