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1521  Bitcoin / Bitcoin Discussion / Re: Thomas Jefferson would have loved Bitcoin! on: June 28, 2013, 11:02:15 AM
vehemently against private central banks

MtGox et al are pretty private central banks.
1522  Economy / Speculation / Re: Lost my faith on: June 28, 2013, 10:05:50 AM
I'm afraid I've lost my faith in Bitcoin. Somebody save me..

Entering fear / capitulation.


1523  Other / Off-topic / Re: Happy Tau Day! on: June 28, 2013, 09:50:05 AM
so u mean that what BTC does to $ will the tau do to the πHuh
1524  Economy / Service Announcements / Re: [ANN] LocalBitcoins.com - a location-based bitcoin to cash marketplace on: June 28, 2013, 12:21:10 AM
If you're on localbitcoins, place an ad for your local airport
1525  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: June 28, 2013, 12:08:37 AM
While German news that Bitcoin can be cashed out after one year of holding (instead of paying 25% of taxes) is a bullish news for me, it could also mean that people that were thinking about sneaking out their early adopter coins now openly sell them via gox which would be bearish. Make of it what you want, for me it's definitely mid term bullish.

kräht der gockel auf'm mist, ändert sich's wetter oder bleibt wie's ist  Grin
1526  Other / Off-topic / Re: Song with a bitcoin mood on: June 26, 2013, 11:44:54 PM
Bitcoiners raving off  Shocked

http://www.youtube.com/watch?v=Fk441AtG80o

1527  Other / Off-topic / Re: Religious beliefs on bitcoin on: June 26, 2013, 11:01:02 PM
The world powers ( whore of babylon, globalist aquarians by any other name)

I thought Bitcoin fits very well the age of aquarius?  Huh

(it's usually described as very individualistic, as opposed to the passing more authoritarian age of pisces).
1528  Other / Beginners & Help / Re: What musical item do you play? on: June 25, 2013, 10:43:32 AM
Bass Guitar

Voice

Cubase

1529  Bitcoin / Bitcoin Discussion / Re: Shadowrun and Bitcoin's roots on: June 25, 2013, 09:35:53 AM
centrally issued? that's rather like OpenCoin's XRPs then though.  Shocked
1530  Other / Politics & Society / Re: Capitalism. on: June 25, 2013, 12:46:41 AM
...and I guess I have to make myself clearer.

lex mercatoria

I'm all against state and bureaucracy and stealing and enforced taxation, but I'm also tired of this typical US Libertarian rhetoric.

Socialism vs Market-radicalism is another of these false dichotomies.

Total world-wide equality and solidarity is an illusion, but non-corroding property rights at the individual level are an illusion as well. You need a state to enforce such property rights. If some rich ass owns an island on the other side of the world, it's just a piece of paper. And if he didn't even work hard for it, but inherited it like the friggin Queen of England, and people around that island have no space and starve, you can be sure they'll see it as their necessity and fair right to set a foot on this island. If they are civilized enough to know there's a paper that says someone owns that island at all in the first place, that is. They'll give a shit about any lex mercatoria.

From that perspective, property underlies the laws of entropy, just like anything in the universe.

Thus the concept of property only makes sense when there is a (military) force, mostly supplied by a state, behind it that can protect it.

So, again: property is just a piece of paper.

Say you own a piece of land with a house far away. What you're gonna do against squatters? Today, you'd call the police, right? Also supplied by the state.

And are these squatters just lazy bums and deserve it? No, maybe they're just from poor families, never could get proper education in Aynrandistan. They weren't lucky enough to be privileged and inherit land just like you. That's how social strains come about in the first place.

"Supplied by the state", but these forces can also be supplied by private organizations, you say? But what difference does it make to a state? That it's more "voluntary"? Also today you can vote with your feet. So the question is only about scale here.

Or, to put things in another way: If you (really) own some land, then you are the state of that land. And you're a dictator even at that. There's no essential difference between your idea of property and a state. Only about scale.

At the end of the day, without a state, you can only call property what you can defend yourself. Just how Max Stirner, an individualist anarchist puts it:

"Whoever knows how to take, to defend, the thing, to him belongs property."

This is much more logical than the US Libertarian view. And once you understand that, you'll see that a more co-operative and syndicalist way of self-organizing is just more rational and more economical.
1531  Other / Politics & Society / Re: Capitalism. on: June 25, 2013, 12:28:31 AM
In that sense, any society is "collectivist", as long as you don't move alone into the mountains and live there sulf-sufficiently.
1532  Local / Trading und Spekulation / Re: USA: Finanzaufsicht mahnt Bitcoin Foundation ab on: June 24, 2013, 01:31:23 PM
joa, richtiggehend amüsant.

Ich denke die Foundation wird aber trotzdem Probleme kriegen. Was, ihr wisst nicht, wie man Bitcoin regulierbar gestalten oder abschalten kann? Unwissenheit schützt vor Strafe nicht! Was, ihr habt keine Macht über das Bitcoin-System? Auch Machtlosigkeit schützt vor Strafe nicht.

Die Pro-Foundation-Fraktion wollte ja offizielle Anerkennung und Regulierung, sie haben sie bekommen. Die Geister, die ich rief. :->

1533  Bitcoin / Bitcoin Discussion / Re: Are the NSA behind bitcoin and just who is Tatsuaki Okamoto? Read the NSA report on: June 23, 2013, 04:54:00 PM
Also:

The NSA, referencing the work from a cypherpunk?

=> http://en.wikipedia.org/wiki/Embrace,_extend_and_extinguish
1534  Bitcoin / Legal / Re: Bitcoin Foundation receives cease and desist order from California on: June 23, 2013, 04:38:19 PM
But the Bitcoin Foundation might indeed get in trouble now. ("You can't stop Bitcoin from operating? Well that's not our problem! Powerlessness is no excuse!")

They should've known before. Or they had balls. Additionally to the facing of all the adverseness from here.  Wink
1535  Economy / Speculation / Re: I believe panic selling on Mt. Gox will ensue within 2 weeks on: June 23, 2013, 10:13:47 AM
I still have $0.52859 in my account, any way to get that out?

Can't buy less then .01 BTC, and im sure a bank transfer would cost more than what it's worth, any ideas?

And yes i am serious, its only $0.52859 but it's my $0.52859

ask them to become a Ripple gateway.
1536  Other / Beginners & Help / Re: How is Bitcoin worth something in another currency? on: June 23, 2013, 10:03:57 AM
Even more bafflingly,
How is a federal reserve note worth BTC0.01?

Force.

So, how is an online cryptographic currency worth, for example, over $100 US dollars?

Utility.
1537  Alternate cryptocurrencies / Altcoin Discussion / Re: I am tired of all these new scamcoins - I'll ignore every shitcoin creator on: June 23, 2013, 10:02:40 AM
Every forum user who announces such a shitcoin, which Xk premined coins and no new use will be ignored by myself...

...and everyone who posts in their threads too  Angry
1538  Economy / Economics / Re: Anarcho-Capitalistic Dogmatism on: June 23, 2013, 09:41:15 AM
...  I'm not going to get into the comment about Marx, the idea that his work is philosophically enlightening is silly.

Why you shouldn't dismiss Marx is because his teachings show us how to make the free market work and eliminate monopolies the tool of greed that screws up the free market.

you folks should actually read some Marx before being qualified of an opinion. Not that I agree with most of his work, but when I see ignorant comments like this, like the blind talking about colors, I can't help but wonder why many people seem to need a simplistic strawboogeyman to assert their equally simplistic position.
1539  Other / Off-topic / Re: Worst trust raiting? on: June 22, 2013, 01:49:48 PM
OpenCoin's Ripple implementation at ripple.com might be controversial, but where did they scam anyone with real money?  Huh
1540  Economy / Economics / Re: Is full employment possible with a fully privatize of money creation? on: June 22, 2013, 01:40:04 PM
Full employment is never possible.

of course it is, with enough wage slavery  Smiley 
 
on a more serious note, besides the distortions that governments and central banks cause, one large reason for unemployment is technological innovation in automation that puts workers out of business. This innovation may create new jobs, but it takes time. Often it used to be generations. Nowadays this process could be faster though. So the best thing to do for the jobless is always to spend the time to learn something new. Who pays for that training is another question.
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