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So Craig Wright may or may not be Satoshi Nakamoto, and that won't be the subject of this topic.
What I want to discuss here is that among all the naysayers, there are folks who seem to just look down on Wright, thinking that he cannot be Satoshi, because he's a middle-aged clean-shaven normal looking white guy (yes, that description also fits me), and that they expected Satoshi to be some kind of a long-haired pot-smoking pale-faced anarcho-punk with tattoos all over.
So he may or may not be, but we should all agree that he has the correct look, age and background to be. Some posts I've read about him are really offensive, and there's no need for that. I'd be happy if Satoshi is a man like M.Wright.
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Most awful partnership I could think of.
airbnb is an orwellian organization which keeps track for ever of all your moves, and taxes you. Does anyone thinks it's normal when renting an apartment in Paris or Berlin, to pay a fee to an American company?
The people who likes airbnb today are the children of the Germans who liked Adolf Hitler last century.
BTC was invented, OpenBazaar was invented, with the precise objective to screw, ruin, and destroy fascist organizations like airbnb, uber or ebay.
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It depends a lot where you are. In France and Italy or the UK, governments have declared war on cash, but banks are only asked to report, and eventually investigate, large cash transactions. If you only buy or sell 2/3 BTC, you shouldn't bother about AML rules, but if you buy 5 BTC every other day for a month, your bank will notice, and report, this behavior.
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Interesting. I guess Libyans may also see BTC as a safe way to keep their savings, since the dinar isn't a stable currency, and you don't need a safe to store it like gold. But you need reliable a Internet connection. Can you get that in Tripoli, and is it affordable to the average guy?
If you want to trade altcoins, you can use Poloniex.com it works anywhere in the world.
As I read since the start of the troubles there internet prices increased a lot and the connectivity isn't good at all, but bitcoin doesn't need a high speed connection if you don't want to sync the blockchain. In addition, as someone mentioned earlier it's a lot safer than carrying cash or precious metals. Are you in Libya? What's the price of a home ADSL connection, in dinars? I don't expect cafes with free wifi as in Europe or US, but is there any place where you can connect for free? |
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@Craig Wright -
You could convince us all by simply sending $0.01337 to this address:
1K3zm5ykoStQcWkxpqjg59dcUnFzeyqQc7
Well, Mr Wright is going to be real busy if he needs to make a transaction to everyone of us to prove he's Satoshi. He's done one to Gavin and he probably expects it's enough. I certainly can't tell if he is or not Satoshi, but I see he's been able to convince people who know more about BTC than I do. |
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Interesting. I guess Libyans may also see BTC as a safe way to keep their savings, since the dinar isn't a stable currency, and you don't need a safe to store it like gold. But you need reliable a Internet connection. Can you get that in Tripoli, and is it affordable to the average guy?
If you want to trade altcoins, you can use Poloniex.com it works anywhere in the world.
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The supply of bitcoins in circulation is not changing,
Yes, it will. This is very precisely what the halving means. Actually, more than 3,200 BTC are mined every single day, after the halving, it will be down to about 1,600 new BTC per day. That's a huge difference! |
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This isn't money laundering at all. Just sound investment in foreign countries. There's nothing wrong, nor does it hides anything. Why? I see it as very normal that when you're successful in your home country, you try to widen your horizon, and look at other countries for growth.
Well you can believe what you want, I know you have some different views but if you lived in a area effected by them you would see it differently. We have real estate agents on our door step once a week. Mail from 3-4 of them a day and all the mail is in English/Chinese. We have blocks where 3 people live and the rest are empty falling apart neglected. Talking about million dollar houses. Apartments where there is less than 40% of people living. It has pushed the young and old a like out of the city because their is no where affordable to live. Now they are buying up industrial and warehouses. So companies will be run out next. We are called Hongcover for a reason. The money is brought in through lawyers and other funky ways...Just google Vancouver B.C (Canada) real estate bubble. They say the next generations will have no chance of owning a home. So back to the corrupt aspect. Homes go online in our hot market 24 hours earlier in China. They sometimes out bid by half a million because they can flip it a couple months later. We had a building bought by a fake company last week to be flipped for 18 more million in a week. We are in the extreme here but they have done this all over. Look at how pissed a lot of the coastal African Countries are with them stripping them of their resources. Economic warfare. I'm very well aware of the situation. I had a flight via Toulouse, France, last month, the airport now belongs to China. I don't know how such a thing could have happened, I landed in France via an international flight, in a French airport, but the owners are Chinese. Greece has sold to lot to foreigners. It's not about the next generations. This is now. In London or Paris, millions of today's young people will never be able to afford a home. |
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First, fiat system isn't a closed one. It means money is added in the system on a regular basis.
It used to be a closed system. It remained closed for centuries. There was a time, less than half a century ago, when you could exchange US$ for gold. Those were the good old days, where paper was backed by something real, long-lasting and shiny. Some politicians from the far-right regularly ask for a return to that convertibility. You need to remember. Paper is still backed by stuff. If you have enough paper, you can trade it in for just about anything that exists. Try it sometime. You might even be able to trade some paper in for a Burger King Whopper and fries.  You have no idea of what I'm talking about. Paper money isn't backed by anything nowadays. You see the price of a burger varying between small towns and big cities. You see the price of gold going and up and down. Between 1945 and 1975, it didn't. It was fixed by law. An ounce of gold was $35 and it remained at that price between 1945 and 1971, because that was the law. Gold was backing the $. That was the Bretton Woods system, and it's gone. Probably forever. The problem with fixed backing is the population. Since there is only so much gold, if we hadn't gotten off the gold standard, you and I would only have a couple of dollars to our name, because that's all the gold there is to back it. Yes. Quite realistic. The average worker would make only $50 a month, but everything would be cheaper, there would be no budget deficit, no debt and money would be worth something. I could enjoy living in a world like this, and this is the road BTC's taking. I'm all for it. |
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This only bolsters views that Bitcoin is for crooks.
That's exactly what I thought. BTC's only good for dealing drugs, evading taxes, financing terrorists, ponzi shemes and now Bill Clinton. We need some honest folks to promote BTC and give it a good, clean image to the media. |
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I wonder what block size would be needed if one satoshi was worth enough to make a worthwhile transaction. Better not think about it...
What I like though is that to make such a small transaction worthwhile, one BTC should be over $100,000. Well, I could stop working if this happens!
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This isn't money laundering at all. Just sound investment in foreign countries. There's nothing wrong, nor does it hides anything. Why? I see it as very normal that when you're successful in your home country, you try to widen your horizon, and look at other countries for growth.
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First, fiat system isn't a closed one. It means money is added in the system on a regular basis.
It used to be a closed system. It remained closed for centuries. There was a time, less than half a century ago, when you could exchange US$ for gold. Those were the good old days, where paper was backed by something real, long-lasting and shiny. Some politicians from the far-right regularly ask for a return to that convertibility. You need to remember. Paper is still backed by stuff. If you have enough paper, you can trade it in for just about anything that exists. Try it sometime. You might even be able to trade some paper in for a Burger King Whopper and fries. You have no idea of what I'm talking about. Paper money isn't backed by anything nowadays. You see the price of a burger varying between small towns and big cities. You see the price of gold going and up and down. Between 1945 and 1975, it didn't. It was fixed by law. An ounce of gold was $35 and it remained at that price between 1945 and 1971, because that was the law. Gold was backing the $. That was the Bretton Woods system, and it's gone. Probably forever. |
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First, fiat system isn't a closed one. It means money is added in the system on a regular basis.
It used to be a closed system. It remained closed for centuries. There was a time, less than half a century ago, when you could exchange US$ for gold. Those were the good old days, where paper was backed by something real, long-lasting and shiny. Some politicians from the far-right regularly ask for a return to that convertibility. |
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Hey, if you want to start a business, no matter what the business is, you should get legal, professional and qualified advice. If you believe you can find that for free on an Internet board, you're wrong.
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Sounds great! I've never used airbnb nor uber and I won't ever. Since I'm not American and that I haven't traveled to that country for several years, I don't want to pay a share to an American company for any kind of service. Also I hate those systems because they have huge databases to keep tracks of people's movements. I'm sure the CIA has an access to all their computers.
Not sure about that Fermat thing, though. I'll wait to see how it evolves.
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I haven't read that book, but I've seen the movie (an old one in black and white). Things have changed since then, and that's what makes everything different. Companies like Google or facebook which are making billions these days didn't even exist a generation ago. Maybe in a few years, we will all be driving electric cars, and oil companies which used to be mega powerful will be small fish.
I also expect that some early miners would be mega rich in a few years.
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Here's another sign that BTC is still in its infancy. Twenty years from now, when BTC will be worth more than $10,000 nobody would have the silly idea of trying to manipulate its price. Let's just wait...
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