Yet everyone is talking about run away inflation and monetary collapse. The opposite of what happened back then.
What happens when your internet service goes from 40 a month to 160 a month and your wages do not keep up?
If internet is not critical to you, of course you won't continue to pay for it. There are options: a) Internet cafe b) mobile wireless c) dial-up internet d) wifi free-loading combined with online wallet service. |
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so when ISPs start going out of business, your wireless phone gets shut off, and what have you.. you will still
be able to use BTC like there is no problem?
What, they will voluntarily refuse to provide internet to the masses that demand it? Why, out of sympathy for the crash? The internet is 5x more important to life today than the telephone was in the 1930's. It's almost as important as running water, in most civilized places. Check out this analysis of telephone traffic during the depression. I think the trends are relevant to internet services today, should we experience a monetary collapse. http://purplemotes.net/2010/02/07/calls-per-phone-grew-across-the-great-depression/Despite the Great Depression traumatically beginning in 1929, calls per telephone grew 1% in the U.S. from 1927 to 1932. Across this period, gross domestic product (GDP) fell 39%, and urban prices fell 21%. Since telephone rates are regulated, they tend to be nominally sticky. Hence the real price of telephone service almost surely rose from 1927 to 1932. Nonetheless, the number of telephones in service fell only 6%. Calls, most of which are not charged per call, fell 5%.Communication shouldn’t be expected to contract with economic contractions. After all, misery loves company. Bad times are a good stimulus for conversation. Complaining has unlimited possibilities for growth. Communication beats depression. |
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still got this?
22.5 btc's
Add $30 for shipping? Shipping out of Canada is expensive. |
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Please add the US Dollar to the #1 spot, as it is by FAR the largest ponzi scheme on planet earth. The only reason it is dragging out so long is that the perps are epic criminals with vast resources, plus they force the entire planet to use the USD.
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What charitable organizations exist that accept bitcoins? Specifically I'm interested in those that are involved in social programs for impoverished/homeless etc, and especially those dealing with children.
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OP, please check your PM inbox, I sent a request a more than a week ago.
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Even on investor boards full of pumpers and dumpers, I don't see the hostility that goes on here.
How do most of you put up with this?
Its the open internet. Anyone (including children and non-invertebrates) can sign up and discuss any topic, and post on any thread, regardless of their intelligence or understanding of the subject at hand. Proceed accordingly. Bitcoin has no borders or barriers to anyone with internet access. |
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All money is imaginary.
Until you buy food with it. Mathematics is imaginary. Poetry is imaginary. All meaningless statements in isolation. The reason I point out it's imaginary is to reveal the lie that you need money to obtain food, shelter or any other basic human need. The food, shelter or the like doesn't appear magically out of thin air. You need human work to make these, and so, if money is a representation of human work, you need money to obtain food and the like. Most of my food comes from a simple recipe: water + soil + sunlight + labor. No money involved. I did pay for my house though.Proving the point that money is not imaginary. I think what he is trying to bring across is that money's valuation is imaginary. That is true. Its in the mind of anyone who perceives value in money. However that doesn't make it invalid or not useful, just like mathematics isn't invalid or useless. |
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If your just starting out, Most will do fine using a windows OS.
However once you start having dedicated rigs, many find it more stable and cost effective to use a linux OS, which "flavour" of course is a personal preference. After all once you start having multiple rigs, it's nice to know you can set and forget a linux box, the same is not so easy to be said about a windows machine. Any downtime loses you potentially earned bitcoins.
Agreed. Windows is fine for small miners. Not 100% stable, but it is manageable on a small scale. Strange no one has mentioned the other advantage of linux: 8 GPU cores usable versus only 4 on Windows. |
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Ohhh scary title. For a moment I thought this would be a story on some type of mind-melting QR code.
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It is late at night - early morning there. So I'll have a little more patience.  |
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12 hours come and gone for my paypal order....... No funds yet, Mr. West?  |
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Everyone I have met in europe loves their medical system.
Every child loves their parents. This is like giving a positive review of a car of which 2% of all sold explode randomly, killing the occupant. |
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