It's the collegiality, selflessness and public spirited ness that characterises the crypto community
Self interest alone cannot explain why it works
Yep, it's an interesting conglomeration of rational self-interest and idealistic altruism. |
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Africa, Bangladesh, Haiti, the poorer parts of China & India. The "global south". Yeah, no shit Americans aren't starving. The USA is the military hegemon, we (the "global north", USA + EU) benefit from the relative poverty of the global south. You want to know where starvation and horrifying poverty happen? You look need no further than the tags on your clothes.   |
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If you don't think mass adoption of Bitcoin could stop most major war, how much BTC will you send to support the next invasion? Zero BTC, and I thank you for asking, instead of simply eroding the value of my Bitcoin by printing mass quantities of it to give to your war profiteering corporate pals. OH WAIT, you can't do that with crypto! I almost forgot! |
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So what is the maximum sentence for "aiding and abetting an unlicensed money transmitter"? Seems pretty mild compared to the original charges so I am not surprised he took the deal. Unfortunately this also means that a court won't be considering the legality of a company like BitInstant. From what I remembered they'd made some effort to remain legit.
max for his charge is 5 years, but he won't get sentenced to that. |
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Bitcoin will never again drop below $425 for more than a few seconds at a time.
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I would define boom as 5K.
Ya niggaz move that dope. Ya niggaz move that dope. Real dope dealaz fo' real.   |
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Read the terms. The funding for the "Bitcoin drop" is from suckers people who donate money for it. The people behind the "Bitcoin drop" aren't putting up the money.
And they're sure to pocket a percentage of the donations. |
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When I last looked btc-e had over 40k bitcoin transactions, thats fucking huge for them. bitstamp had like 9k.. what the hell is going on? some major dumpers and some major buyers... Something is going on...
Just your run of the mill whale market manipulation. Nothing to be concerned about really, the game remains the same for us plebs. |
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2.2 Mhash / s is too little, don't bother.
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How the heck is anyone not obsessed with computers supposed to do this? You wait 1-3 years, when everything will be far more user-friendly. |
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Anyone could send the some 0.1 BTC to themselves between two wallets again and again if they wanted to join this imaginary "club".
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I've been thinking that myself. You can just feel it in the air that BTC is gearing up for another rocket trip.
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You're still not in the club with the cool kids. |
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If bitcoin is successful then the government would hold a lot of bitcoin that is worth a lot of money but they will have no control over it.
Worth a lot, but notably worth far, far less than the massive, global phoney money empire they currently ride on. |
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US Government holds how many US dollars? How much of their sovereignty derives from their power over money?
With only 150,000 out of 13+ million total Bitcoins, how much less powerful will they be after the dollar is dead and gone?
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Imitation is the sincerest form of flattery.
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 Coinbase is fine. Back to work, peons. |
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FBI already auctioned off 30k btc. They still have quite the wallet though. And it's quite ironic that btc is decentralized, yet one government has one of the biggest bags.
"Keep your friends close, and your enemies closer" is the logic of an entity that views everything from the perspective of a mafia boss. Which is what the USA government has become. |
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All this is cool but I hate my smartphones. I find them very intrusive because anyone can call be anytime and interrupt whatever I am doing Logical fallacy. You have the power to turn this device off and mute it at will. If you choose not to do that, you have no one to blame but yourself when your enjoyment of the sacred present moment is rudely interrupted by a noisy gadget. When I go to the beach, I don't even bring my cellphone. That way I can go in the water without having to worry about if my phone will get stolen. |
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