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Literally unimaginable wealth [real-money inequality, Bitcoin inequality, taxes, resignations, and banking the unbanked]

“Jeff [Bezos] is so wealthy, that it is quite literally unimaginable. Let’s put this wealth in perspective by comparing it to some familiar things.

New Yorker: “The actual truth about the American tax system is that it is slightly progressive. The richest one percent earn about 21 percent of the income and pay 24 percent of the taxes.” (Honestly, better than I expected! But they could absolutely pay more.)

“This trend has been characterized as the Great Resignation, and just about every economist and pundit has taken their crack at teasing out why it’s happening. […] In these moments, it’s best to actually ask the workers themselves. I did that, talking to dozens of people who have recently quit their job, or experts who closely track workers who have. And some patterns emerged.”

Those top players represent a mere 0.01% of all bitcoin holders and yet they control 27% of the digital currency, the Wall Street Journal reported. That compares to the old-fashion dollar, where the top 1% controlled 30% of total U.S. household wealth, according to Federal Reserve data.” But hey, cryptocurrency is gonna be the great decentralized revolution that lets us escape the inequalities of fiat currency, right?

“DC/EP [China’s test run of a digital-only currency, in beta] would have to be able to handle at least 300,000 transactions per second across the country at peak times to do what cash does. So DC/EP won’t be a blockchain.” (For comparison, a single credit card like Visa averages a couple thousand per second and says they can handle at least 24,000, and Bitcoin averages a whopping between-3-and-4 transactions a second.)

“He told the press how the problems of banking the unbanked were technical — that banks were unable to move money fast enough without a blockchain. This is completely backwards. Banks know how to move numbers between computers. The slow part is settlement and compliance — making sure that everything is done in order, and making sure that banks, and money transmitters in general, are solvent, honest and not fronting for drug runners.”

Multifandom fic recs (MCU, The Good Place, Murderbot)

  • The Good Place | Michael, humans | T | Groundhog Day Rules
    “It means,” says Eleanor, “that we are operating under Groundhog Day rules here. Think about it! At midnight, this is whole place is going to be reset. All our memories, erased. The command’s already been sent, and there’s nothing we can do about it.”
    fic:one-shot,genfic,series:the good place,trope:amnesia,trope:timetravel
  • The Murderbot Diaries | Murderbot, ART, Three, various crews | T | Secondary Redundancies
    Murderbot’s first mission with ART’s crew didn’t go as planned, and its return to Preservation is complicated by a missing limb and assorted misunderstandings. Awkward conversations to be had, weird cases to be worked, a heist to plan, and new protocols to learn.
    fic:chaptered,pairing:art_murderbot,series:murderbot diaries,genfic,trope:hurt-comfort
  • The Murderbot Diaries | Murderbot, clients | G | Worth your life
    Aon had predictably written out the report, clearly detailing my lack of obedience and probable malfunctioning governor module. I had taken his draft and edited out all the incriminating parts, and basically made it as boring as possible. But my plan was failing because he hadn’t submitted it. He’d been staring at it on his feed for nearly an hour and there was still no report in Sec System for me to replace.
    series:murderbot diaries,fic:one-shot,genfic
  • The Murderbot Diaries | Gurathin, Ratthi | T | Subliminal
    When SecUnit meets up again with the PresAux team in Exit Strategy no one comments on the fact it’s slightly shorter, and now has more* human hair (not just hair on the head, and eyebrows; that was a part of SecUnit configuration).

    Admittedly there is, at that point, a lot going on.
    genfic,fic:one-shot,series:murderbot diaries

Multifandom fic recs (Disney, Muppets, Animorphs, Murderbot)

  • Aladdin | Aladdin/Jasmine, Rajah | G | The Tigers Have Spoken
    Rajah plants himself in the middle of the doorway. He is a solid barrier, but he is also ready to move, should the boy decide to try any of his idiot cleverness. He knows the boy can tell.
    series:aladdin,pairing:aladdin_jasmine,trope:outsider.pov,fic:one-shot

  • The Murderbot Diaries | Murderbot, daemon, team | G | Sense of Self
    Humans and augmented humans tend to assume that constructs have daemons because we straddle the line between true sentience and a bunch of pre-programmed subroutines mindlessly following orders (not that humans are as clearly on one side of that line as they like to think), but it has nothing to do with intelligence levels. It’s just that we have a lot of organic parts mostly made from human genetic material, and where you have life composed of human DNA, you eventually get a daemon.
    series:his dark materials,series:murderbot diaries,genfic,fic:one-shot
  • The Murderbot Diaries | Murderbot, Mensah, Amena, Three | G | Memory
    “All I’m saying is, Aoide is making some choices that you would never consider making for yourself, and maybe you find it difficult to be supportive. But that doesn’t make those choices wrong. And I think you would make it happy by showing a little interest.”
    series:murderbot diaries,genfic,fic:one-shot,trope:kidfic
  • The Murderbot Diaries | OCs | T | Freedom
    Freedom doesn’t like its crew.

    That is probably not a very good thing, considering its function is to protect their lives at every cost. But they simply do not strike it as very nice people.
    series:murderbot diaries,genfic,fic:one-shot

  • The Murderbot Diaries | Three, Amena, Ratthi, kids | G | Three Hugs for Three
    Why didn’t you send me back to Barish-Estranza? Or just leave me on the planet? What should I be doing? Why do you trust me enough to sit here this close to me? Why did you come in here? Why did SecUnit tag you ‘my human friend’ in the files it sent me? And why did you just call me friend?
    genfic,series:murderbot diaries,fic:one-shot,fic:five times,trope:outsider.pov

Multifandom fic recs (Calvin & Hobbes, Buffy, Jeeves & Wooster, Good Omens, Murderbot, Yuri on Ice, Bojack Horseman, FMA)

  • The Murderbot Diaries | Ratthi, Murderbot | T | Stumble
    “I didn’t want to be on the platform anymore,” SecUnit said. Its voice was soft, but there was an undertone of frustration. Ratthi frowned. He could sympathize with not wanting to be stuck in one spot, and SecUnit seemed more prone to fidgeting now that it didn’t have to hide. “But I kind of forgot how to walk.”
    series:murderbot diaries,genfic,fic:one-shot,trope:hurt-comfort
  • Yuri!!! on Ice, Fullmetal Alchemist | Yuuri/Viktor, Otabek/Ed, Al, ensemble | T | Trust Me, I’m an Alchemist
    In which Yuri Plisetsky began life with the name Edward Elric, and this has made the world of figure skating a significantly stranger and more alarming place.

    “Are you saying you lived a life of crime before you began skating?”
    “I’m gonna have to check the statute of limitations on a couple things and get back to you on that.”
    series:fullmetal alchemist,pairing:yuuri_viktor,series:yuri!!! on ice,pairing:otabek_ed,crossover,fic:chaptered,amazing

Multifandom fic recs (Star Trek, Doctor Who, SCP Foundation, DC, Marvel, Murderbot, Imperial Radch)

  • Star Trek: Enterprise | Archer/T’Pol, crew | T | Best First Contact Ever
    “Captain, I apologize for interrupting you and the councilwoman during the social engagement. I did not want the council to … misunderstand your relationship with her. It would have been inappropriate for you to engage in anything further with her.”
    series:star trek,pairing:archer_tpol,fic:chaptered,!work.in.progress
  • Captain America | Steve/Bucky, ensemble | M | Ain’t No Grave (Can Keep My Body Down)
    The front of the card has a tasteful picture of the Brooklyn bridge at sunset. It’s very nice and sedate, like the kind of card you would buy to give to your boss. On the inside someone has written a short message in big, shaky block letters.

    I AM SORRY FOR SHOOTING YOU.
    series:marvel comics,pairing:steve_bucky,fic:epic,trope:trauma,trope:amnesia,trope:hurt-comfort

  • Marvel | Loki & Kamala Khan | T | Superhero RPF
    Kamala is a popular fic writer in the superhero RPF fandom, known for her rather surreal take on what the Avengers do. Loki is a BNF, known for his wank and not-sure-if-trollfic in Game of Thrones fandom. He decides to see what this superhero business is all about. Friendship ensues.
    series:marvel comics,genfic,fic:chaptered,trope:writers
  • The Murderbot Diaries, Marvel | Murderbot, Mensah | G | huh
    Mensah’s voice was soft, though not in fear. I watched her hold the thing by what looked like the handle. My search turned up information saying the closest thing was a kind of hammer, but it was unlike any hammer I’d ever seen before.
    fic:one-shot,series:murderbot diaries,series:marvel comics,genfic,crossover