Echo chambers

The idea that, thanks to social media, we are all sorted into “echo chambers” where we only hear views identical to our own, is a commonplace. I think the whole idea of echo chambers is misinformed.

There’s a range of viewpoints close enough to your own that discussion is useful, and a range so far distant that no such discussion is possible. There’s no reason to suppose that this range will encompass the party political spectrum in some particular country. In the case of Australia/US that spectrum includes climate deniers and creationists (with a high degree of overlap).

Taking the creationist case because it’s simplest, what is the point of discussing evolution with them? And from their POV, while they are willing to score debating points where they can, they really can’t have a serious discussion within anyone who isn’t (at the least) a theist.

Admittedly, it’s useful to know what the other side is saying, if only to refute it in discussions with people who hold intermediate views, and whom we may want to convince or learn from.

But here the attack on the modern world social media falls flat. In the kind of one-newspaper town that used to be common, the existence of alternative views could be ignored more or less completely. Now it’s almost impossible to avoid them, if only in the caricatured form presented by the media of your own side.

Brexit: The endgame

On 29 March this year[1,2], if nothing else changes, the UK will leave the European Union under the terms of Article 50. Unsurprisingly, lots of scenarios are being scripted, but the one I see as most likely doesn’t seem to be among them.

I expect that nothing much will happen until about 28 March. May won’t get a deal that can pass through Parliament. If she allows a vote at all, it won’t be until late January and it won’t pass. At that point, or possibly before, Labor will try a motion of no-confidence which will also not pass. There will be a push for a second referendum, but that will be stymied by the fact that the current law requires a minimum of 12 weeks to hold such an exercise, and that will be too late. There may also be an attempt to get an extension of time for the Article 50 notice, but at least one of the EU27 will find a reason to block it.

May will keep stalling for time, as she has done since taking office, until the deadline approaches. At that point, the ports will start to clog up, as shippers try to move goods across the channel before the No Deal exit. There will be attempts to negotiate temporary “No Deal deals” to smooth the flow, but they won’t go anywhere. By March 28, or maybe a bit earlier, panic buying will empty supermarket shelves and stockpiles of medicine.

At that point, the prospect of NO Deal will become too terrifyingly real to contemplate and there will be only one option left. Britain unilaterally revokes its Article 50 declaration, and everyone agrees to forget the whole sorry business.

Feel free to point out plot holes, or suggest your own script.

fn1. Rather less momentously, I will turn 63.
fn2. It’s generally good to be cautious about revealing your birthdate online. But mine is on Wikipedia, so I guess there’s no harm in that.

Bad news on the global climate

Carbon dioxide emissions rose strongly last year after several years of a near plateau. It appears that the main factor was increased use of oil, mainly as motor fuel. I’ll try to do a more detailed analysis later, but the central element of the required response is obvious. Just like coal-fired power stations, petrol-driven motor cars need to be phased out, as quickly as possible. Australia, as an oil importer with no domestic car production is in a position to pursue this target aggressively. We should, as others have done, commit to a date, say 2030, after which all new cars sold would be zero emission.

Fiddling while Queensland burns

The circus that is the Liberal National Party was pushed down the Queensland TV news today by bushfires, caused in turn by an unprecedented heat wave. There’s little doubt that the severity of the heat wave is the result of global warming, and that it’s part of a broader pattern. The two events are, of course, linked. The chaos in the LNP reflects the determination of the climate deniers in its ranks to reject any action to reduce greenhouse emissions.

None of these people are acting in good faith, or on the basis of a sceptical assessment of evidence. Without exception, their rejection of climate science and the policies it implies is based on a combination of vested interests zndpursuit of a culture war against “greenies”, “virtue signallers” and anyone who wants to do anything to save the planet. There is literally no evidence that can move them from their position, and they would rather see the planet destroyed than admit their errors.

There’s plenty of blame to go around here, but today I’ll call out Ken O’Dowd, the federal member for Flynn, where the worst fires are burning. Flynn is an advocate of withdrawal from the Paris agreement. He’d rather see his electorate burn than admit that climate change is a reality and that we need action now.

Bitcoin’s belated bust

It’s been quite a big week in cryptocurrency markets. The price of Bitcoin has fallen close to $4000, down from a peak of nearly $20 000.

As a longstanding sceptic of cryptocurrencies, it might be thought that I would be taking a victory lap. After all, I have previously written that “Bitcoins will attain their true value of zero sooner or later, but it is impossible to say when.” With the Bitcoin price having fallen by 75 per cent, it might seem that my prediction is well on the way to being justified.

Unfortunately, the second part of my statement, about the impossibility of predicting timing has been proved definitively correct.. I wrote this in 2013 when Bitcoins were valued at around $100, and the total market capitalization was a mere billion dollars. A single wealthy individual could have driven the price to zero by short-selling.

Five years later, and despite the price collapse of the past few months, Bitcoins are selling at nearly 50 times the price I criticized as excessive. Moreover, as cryptocurrencies have proliferated, Bitcoin now constitutes only a fraction of the total market. The capitalization of the cryptocurrency market as a whole is fluctuating still close to $100 billion.

Yet this massive valuation is built on nothing. The idea that Bitcoin, or any of its competitors will provide a new and superior means for buying and selling goods and services has been tested to destruction. Nearly a decade after the currency was launched, the use of Bitcoin in purchases is modest, and rapidly declining.

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Brexit: this is it?

Since the Brexit referendum was hailed by many as representative of a new force in global politics, it’s of interest even on the far side of the planet, and I’ve watched the slow-motion train wreck with appalled fascination.

So, as far as I can tell, the Brexit deal Theresa May has come up with is pretty much the super-soft version. About the only immediate change it will produce is a return to blue passports in place of the EU burgundy, which, it appears, were always optional. And, it appears, the new passports will be printed in France.

All that assumes that the deal will go through. In this context, I’ve been struck by a lot of commentary supporting the deal on the basis that a second referendum isn’t feasible due to the timing requirements of the Referendums Act. Am I missing something here? Isn’t Parliament supreme? And given that this issue has consumed British politics for the last two years or more, can there really be any significant ambiguity about the possible choices articulated by May today: her deal, no deal or no Brexit?

Feel free to comment on these or any other aspects of the issue.