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It's not at all in my interest to explain to you why what you posted has nothing to do with your original, asinine assertion, and in fact doesn't even say what you think it says. So feel free to go on believing that you are correct, since that seems to be your goal anyways. |
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Oh I assumed you meant malice beyond just self-interest. Everything you posted fits the profile of an unsophisticated thief who didn't really know what he was doing.
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Where does this money come from? We have very small scale exchanges, and the largest one has been hacked and isn't even open yet. A further barrier is the $1,000 transaction limit. How do you get $30 million a year in with that sort of limit imposed. Yes, that limit can be removed by providing verifying information, however, the scale we're talking about is going to take institutional investors. Will these institutional investors be willing to lose their anonymity to invest here? And even so, the next is my biggest concern.... Well first of all, the limit is $1,000 per day at MtGox, and $10,000 per month. So cashing out 6 million BTC at $15 each would take 750 person-years. That's not so ridiculous. Secondly, do institutional investors really usually invest anonymously? |
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It's gonna be the future soon.
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“Monetary value
The definition of “money” has been expanded to reflect the fact that certain payment service providers employ a form of value that is not directly redeemable in money, but nevertheless (1) serves as a medium of exchange and (2) places the customer at risk of the provider’s insolvency while the medium is outstanding. The same safety and soundness issues pertinent to redeemable forms of value apply to these irredeemable forms of value. Consequently, a new definition of “monetary value” has been included in this Act.”
1) This doesn't describe Bitcoin. 2) I stand by my assertion that you are a moron. I can state plainly that I am 100% certain that the unregulated trade with Bitcoins is definately not in accordance with the law. No trade is free from regulation (unless expressly stated otherwise according to law) so this maxim applies to Bitcoins. Go ahead and retract this too since you can't cite it. |
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Bad news makes are troops get their feelings hurt and not want to Defend America(TM) as awesomely as they could otherwise.
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NEWSFLASH: Obama's Latest Plan to Lower Unemployment and End the Great Recession
"In the short run it has the potential to create some jobs," say supporters.
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And, as I asked in another thread, what prevents the people with money (which, will be the people polluting) from controlling the privatized legal system and making their polluting completely ok?
Even if the privatized legal system remains perfectly neutral and immune to influence (nearly impossible), under what authority and with what force are the decisions enforced?
Large scale polluting enterprises are actually fairly fragile operations. A coal mine or an oil refinery, for instance, can be completely shut down by just a few people rather easily. Look at any oil pipeline in any disputed region for an example of locals shutting down industry when its costs outweigh its benefits. There's a completely erroneous view in this thread that courts exist to enforce the will of the community. It's actually the complete opposite. Courts exist to prevent mob justice. And even then their abilities are ultimately limited. Where anyone gets the idea that more laws would be required I have no clue. |
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I never said he was inconsistent. I said he was a retard.
But do you agree that robots create jobs?
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It's not his fault you take what he says out of context in order to support your world view.
I'm sure you have no idea what my world view is, regardless... President Barack Obama says technological innovations such as robots can help pump jobs into the economy and spur growth in clean energy and advanced manufacturing. Does that mean something different to you? |
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Is there anything that is worth more than someone is willing to pay?
Taxes I can document, in explicit detail, the fact that I get negative worth from the taxes I pay. So, try again. |
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Is that your reason for describing the difference in share-market rates of growth?
Okay now that I've read the article I'm not sure what this is trying to prove. Stock price is based on thousands of factors most of which have nothing to do with real economic growth. |
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At one time, governments offered gold-backed money as legal tender so that they had to actually do some work in order to get it.
But these days the whole point of "legal tender" is for governments to steal your property and give you worthless paper in return.
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Oh, I get it now. AyeYo doesn't actually understand the difference between force and the initiation of force.
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I'm certainly aware of Platonic dialog. But you aren't asking questions. You're just making a bunch of assertive claims based on obvious bullshit and then retracting them a few posts later. It's pointless to engage you, because your starting point seems to be "Bitcoin is somehow illegitimate" and then you work backwards from there, re-hashing a bunch of settled issues in the process.
I've looked back through your post history, and it seems to be 100% nonsense -- a bunch of copy/pastes from the IRS website. Are you seriously under the impression that any of the criminally corrupt governments on Earth are going to bless Bitcoin as opposed to just accepting the fact that it exists and that they can't do anything about it?
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