+1 on calling out his lack of rationality.


And pervs and paedophiles are probably drawn to jobs with the Homelust Securewurity Dept.

http://armstrongeconomics.com/2014/12/10/it-is-now-a-felony-to-tape-the-police-abuse-in-illinois/


http://www.ilga.gov/legislation/BillStatus.asp?DocNum=1342&GAID=12&DocTypeID=SB&LegId=71864&SessionID=85&GA=98

---

No need, we already knew that. You clearly displayed your ignorance upthread.

http://nihoncassandra.blogspot.com/2006/08/enigma-of-martin-armstrong.html


What they don't tell you is that everything was hedged but the court appointed trustee destroyed all the hedges and stole $400 million of value from Princeton.

You are incapable of studying the facts of the case.

Well it is mutual. I think you are fools. And one side will be doing the laughing at the end.

I see your asshole is writing your posts. Dumbshit.

Edit: I am closing the thread. Seems it is impossible to have an intelligent discussion on this forum that is any way objective and critical of Bitcoin. The delusional creeps attack with their usual ignorance.

Go ahead and copy the idiot silverbugs who I told a year in advance in a published article that silver would peak at $48 in Spring 2011, they didn't listen and they held all the way down to below $17.

Or the idiot Bitcoin twads, who I warned in public in this forum when Bitcoin was $1000 that it would drop to $350 as a first bottom. Lately I warned it would bottom below $200.

Your IQ is too low to even comprehend what I wrote. I specifically stated that gold goes very high against total failure of government such as Wiemar Germany or Zimbabwe, but it doesn't go to infinity against governments which still have the power to supply a military and sell their sovereign bonds. The USA is no where near that type of insolvency. The people are not going to run away from all their possessions in the USA and forsake the government entirely. Sorry fucktwad.

In a total collapse, if you can't run somewhere with your gold that isn't collapsed then the gold is worthless, because only food is money in a total collapse. Gold had value in Wiemar and Zimbabwe, because it could be exchanged externally where there were non-collapsed economies.

STUDY HISTORY YOU IDIOT!! You don't have a fucking clue.

And Bitcoin can surely be debased. Simply make loans denominated in Bitcoin using fractional reserves. Did you not realize that this is what the private decentralized banks did in the 1800s with gold?I guess you are totally ignorant of Gresham's Law.

Just shut up. You obviously don't have two rocks to rub together inside of that cranium you call a brain.

Dumbshit.

Bitcoin was the techie version of delusional goldbug fever.

Due to the QE there is a lot of stupid money floating around in the world looking for a delusion to be wasted on. That is why we saw bubbles flame out in real estate, commodities, gold, and then Bitcoin.

Once the deflation sets in earnestly 2016 onwards, the delusional are going to lose their money either from wrong investments or confiscation because they were deluded about the power of government.

Then finally the smart money will be only standing at the end game 2024 ish.

That means most of you readers are the dumb money and so you will lose your undeserved wealth.

Andreas correctly explains that Bitcoin implements the End-to-End Principle of the internet, but he fails to articulate (at least in the first 7 minutes and I don't have time to listen to him ramble on, he doesn't go directly to the point) that is what he is explaining because apparently he doesn't quite understand the internet as well as I do or perhaps he is just dumbing down his explanation because I see he has a degree in Computer Science and experience in networking. What I can see is that his focus has been more on networking and network security (including hardware too), whereas my experience has been on making million user commercial software and I have always been as well a theoretical thinker. So I approach this from a more broad perspective and apparently more experience in scaling than he has. He is obviously no technical slouch and I suspect we might have interesting conversations someday. I suspect I have a much more broad understanding of political economics and macro economics than he does. In short, he appears to me to be somewhat pigeon-holed.

And end-to-end is why Cryptonote ring signatures are best for on chain anonymity. And we still need an improved high-latency Tor for IP anonymity to transmit the transaction to the network.

It doesn't matter if you use a pigeon to deliver your transaction to the network to hide your IP address, Bitcoin's block chain is traceable and linkable because it doesn't have ring signatures.

And the lack of anonymity for the miners remains the choke hold point weakness in Bitcoin. Miners can be regulated and forced to reject transactions that don't attach KYC identity.

Sorry I already had this debate with you and we will not repeat it again. If you persist in repeating the debate which I already embarrassed you in the other thread, I will close the thread. Because you are wasting my scarce time.

We already established that you are a technical neophyte compared to me. I have 3 decades of serious programming experience and accomplishments, and you have been in the retail industry.

You fucking mischievous liar. Do not quote me, then edit what I wrote to totally change the meaning of what I wrote.


I had written that using Bitcoin in a KYC (you are not anonymous) compliant provider such as Coinbase or Paypal, will be sanctioned by the powers-that-be and you will not be labeled a criminal.

Don't you even bother to check history before spouting delusion?

Gold rarely holds its value when there is total collapse. Rather it is food that becomes valuable and the gold gets buried because it can't be spent. Rice was money for 600 years in Japan. Food was money during the Dark Age in Europe, not gold.

Gold only has value during brief periods of government failure, and where the gold can be moved into a new fiat asset that is functioning. If fiat fails totally, then gold also fails. Study history!

Supplanting in a semantic delusion, because non-anonymous Bitcoin will actually be joining the fiat system and be part of the global monetary reset with the powers-that-be still in control of you and I.

The value of fiat never goes to zero when the country still has a strong military, police, and can sell its bonds.

It only goes to zero when there is a total collapse of government and everyone flees, e.g. Wiemar Germany or Zimbabwe.

So sorry you are talking the usual goldbug delusional nonsense that has no example in history.

We are headed into deflation and the entire world is short the dollar with widespread dollar loans. The dollar will come much stronger as the rest of the world collapses. The USA will then collapse because the strong dollar will strangle its economy.

We will then go into war and chaos. Eventually the powers-that-be will reset the global monetary system, but never will they have given up power.

Gold will go very high after 2016 when the USA starts to collapse. But it will not go to $50,000 and the dollar will not go to 0.

And to cash your gold back into the fiat system will require you provide identification and you will be heavily taxed (maybe even 90%).

Sorry there is no escape from the move towards 666, unless perhaps we actually created anonymity the way I have been advocating.

Edit: gold has not bottomed yet. Expect sub-$1000 with a natural target in the $800s but $630 is not impossible. Ditto Bitcoin has not bottomed yet. Why? The dollar will come much stronger in 2015. And the delusional goldbugs (who also buy Bitcoin) have to first become dejected before we can bottom.

I requested the AnonyMint be disabled (I didn't think about just scrambling my password, which is what I have done since to disable TheFascistMind). I was hoping to stop wasting time posting in forums, so I could get more real work done, also because my health had declined so much and being on the internet was probably the wrong activity to improve my health.

I felt lately I could be more focused in my posts, and there were a few very important things I wanted to say.

I also I really don't want to sway people with a reputation, but rather with my logic. I had always promised not to use my AnonyMint reputation to promote an altcoin.

Because the moderator moved that thread from the Bitcoin Discussion to Politics and Society subforum. And I felt the discussion was more pertinent to Bitcoin.

The large corporations will be at the mercy of the stupid public. That is why we hackers must build anonymity into the internet in a decentralized manner as a I have outlined.

Why the fuck do we teach police to choke hold? It is a machismo maneuver to prove who is doing the ass kicking and demand humiliation submission. It doesn't serve any functional role and it puts the policeman in danger which requires them to body build and take steroids.

They could simply stand at a distance and warn the offender or suspect that if they don't voluntarily submit to arrest they will be clubbed in the leg if they try to vacate the scene. The point is to deescalate and give the offender a chance to think out the recourse and calm down. And one clubbing to the leg is sufficient, not multiple beatings. Or after a few moments if it is not sufficient, then more clubbings. And always on mandatory headcam worn by police and shown to the public on the internet so they know they must respect the people that they serve.

When I was 20 in college in San Fernando valley, California in 1985, I was sitting in my car outside a disco and I was beaten through the window by 250lb lineman bouncer from Arizona State U. I didn't know my passenger was talking to his gf, he punched me without me even knowing it and my head hit the stickshift. He broke my jaw (had to eat through a straw after that).

I got out of the car and asked him nicely what the hell he did that for? He punched me again. I got up and was moving towards him asking him if he felt like a tough guy for hitting innocent people, and an off duty police came over and put me in an arm lock then a choke hold and asked me if I wanted to die today. My friend begged him to let me go and I didn't resist, so he didn't kill me.

I proceeded to the police station to report the crime against me and they refused to talk to me. I called attorneys the next day and nobody would take my case.

From that point on, I knew that police are low-IQ power maniacs with badges given their power (and authority) by stupid white people who prefer the illusion of safety over freedom.

“They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety.”—Ben Franklin

I wasn't arguing that Americans aren't violent, I was arguing that it is insane to compare that sort of violent behavior to ISIS fundamentalists who cut off little girls' limbs while she is alive.

Note Latin America is even more violent than the USA overall, and the USA has a huge influx of Latin Americans. Also black Americans are statistically 20 times more likely to commit murder than European-descent Americans. So yes we are melting pot with races (Africans and Latinos) who are typically violent. There are also whites who are into the machismo crap and fighting.

I agree the USA is fucked up. It will disintegrate and violence will proliferate. The cohesiveness of the common language and common market is being lost because of the great disparity between the for example highly educated who work in Silicon valley or other high tech enclaves, and the lower and middle class trash. When the USA economy turns down from 2016 onwards, this disintegration will become more evident and accelerate. For example, this rioting is part of the demise of retailing in the USA. Kiss our strip malls good riddance. This is the end of that era and economic paradigm.

Most of Europe (but not for example Finland) appears to have the problem that they don't want to own personal guns, so this puts them in danger of being overrun by an invader such as ISIS or Russia. Also it appears the pacifism in Europe was bought with an elaborate social system. When that social system collapses (it is bankrupt), then we will see the true human nature rise again in Europe as it does every time they collapse economically. This time it might be an invader, since Europe's demographics are old (low birth rates) and its youth significantly emasculated. Buying off the population with debt is also a delayed megadeath paradigm.

Both Europe and the USA are examples of what rampant socialism has fostered.

Edit: the collapsing oil price is both evidence of a collapsing global economy and it will strengthen ISIS because economic hardship and anger will increase throughout the Middle East, East Asian, and north African oil producing region.

Fools don't understand that we would have radically reduced level and efficiency of farming without derivatives.

It is not about cramming artificial value, rather businesses can't function without derivatives.

Anyone who disagrees has never run a large corporation.

Everyday you use a derivative. It is called the dollar or Euro. Your unit-of-account protects you from exchange rate timing risk, which enables you to budget and plan.

Shorts provide liquidity to the market (because they have to cover, i.e. buy back in) that prevents waterfall panic crashes and enable price discovery (valuation) to be less volatile.

No fool. The dollar will become stronger because it is the most liquid and the rest of the world is short dollars given massive borrowings in dollars due to QE.

Obviously you didn't play football as a small boned guy and end up at the bottom of a pile of 250lb linemen. You can speak (exhale) and you can't breath in sufficient air. You don't know if he was struggling and able to wiggle enough to shout. Also by shouting he may have depleted his air and hastened his suffocation.

If the guy says he can't breath and then dies on the spot, you got to be very good at delusion to convince yourself that unnecessary police brutality is not likely responsible for his death.


Note the strawman Barkalot erected.

We want police. We don't want paramilitary crazed powertrip maniacs with badges.


No the USA military does that, not the American people. The people voted Obama on his promise to end that shit. Americans have always been isolationists. The people who run our country are causing that problem. There is a conservative minority who supports that shit.

ISIS has explained their first priority was local, then next they will go global. They slice little girls arms and legs off while she is still alive. BTW, they may be coming to Europe. Eurofags have no guns (and perhaps insufficient young men, due to low fertility rates and rampant emasculation) to defend yourself.

Comparing that to the average American citizen is beyond delusional, it is insane. What happened to you?

No doubt that American culture is shallow, selfish, arrogant, etc.. but the French are doing a good job at that too, and I hear that the youth in Europe are just as fucked up in terms of smoking, drugs, encouraging females to try lesbian sex, etc.

At the abstract generative essence level, there are two salient points he makes:

1. Ubiquitous technology disintermediates (transcends) Coasian barriers such as governments and geopolitical circumstance.

2. Decentralized consensus is a monumental paradigm shift.

However, I assert that:

1. Without anonymity, fragmentation and Coasian barriers will persistent (find my recent posts about anonymity).

2. Decentralized consensus is often not the correct way to implement decentralized services[1].

3. Ethereum has the wrong model for a programmable block chain (find my recent post for the correct model).

P.S. Charles and I used to talk before he found Vitalik and got involved with Ethereum.

[1] Two examples are that MaidSafe and StorJ are not the correct way to implement decentralized hosting as I have explained recently. And OpenBazaar is not the correct way to implement decentralized online selling. In both cases, and plethora of hidden services (servers) is the correct model and I predict it will win.