Bitcoin Forum
May 30, 2024, 02:30:54 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 [12] 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 ... 544 »
221  Other / Politics & Society / Re: Best/worst places to be in the United States once the USD plummets? on: June 01, 2013, 06:00:16 PM
Hmm. I wonder what food it would be more beneficial to plant in a limited space garden... what sort of garden would be the most nutritionally complete, and how much space would be required per person?

I might do some research on that.
222  Other / Politics & Society / Re: occupy taksim on: June 01, 2013, 05:56:29 PM
That doesn't really mean anything. I can show you images of presidents shaking hands and smiling with other leaders, months, or even weeks, sometimes, before the US took down that country.
Yeah sure.

So you guys don't believe in spontenous self organization of the masses. There is always a hidden hand behind the curtain?
Now, I didn't say that. It's entirely possible that this is a legit mass protest. If so, I wish them luck. But like Elwar said, without the support of the World Police®, they're not very likely to succeed.
223  Other / Politics & Society / Re: This sums it up well. on: June 01, 2013, 05:53:00 PM
Well, that's what he gets for getting pants from BFL. Cheesy
224  Economy / Economics / Re: Is it true that the Fed is privately owned on: June 01, 2013, 05:51:49 PM
This is a valid point, but in a free market, the same things that would topple a natural monopoly would topple or disintegrate a cartel.

Such as?
Well, let's start with the things that a natural monopoly must worry about as much as the cartel does:
Competition. If the monopoly/cartel raises prices enough that a new competitor can undercut them and still make a profit, then that new competitor will appear to take advantage of that situation.
Customer dissatisfaction. If the monopoly/cartel provides a poor enough product or service that the customers are willing to pay more for a superior one, then a new competitor will appear to take advantage of that situation.
Alternatives/new technology. This is somewhat of a subset of the first point, but it's separate enough to warrant being it's own point. The monopoly/cartel need not only worry about someone coming along to provide the same product or service at lower prices or better quality, they must also worry about someone coming along and providing a competing product or service. For example, let's say one company managed to get a monopoly on fast-food hamburgers. They bought up or out-competed every other burger joint in town. They would still be competing with fast-food tacos, pizza, and chicken. Additionally, one of their out-competed rivals might switch gears, and sell frozen hamburgers, that the consumer could microwave at home.

Now for the additional worry that a cartel has:
Infighting. A cartel is, as I mentioned in another thread, somewhat like a wolf-pack made entirely of alphas. At any time, one of those members could turn on the others, and by utilizing one of those methods that I mentioned earlier could bring down a monopoly, squeeze out some extra profits at the expense of the other cartel members. For example, if Burger King, White Castle, McDonalds, and Hardee's/Carl's Jr were the members of a cartel which set hamburger prices, one could cut prices and "steal" business from the others, or refocus on service or product quality, and likewise "steal" business from the others. Or they could start selling frozen burgers (White Castle already does this, Harold and Kumar could have just gone to Wal-mart, instead), or branch out into Pizza (KFC, Pizza Hut and Taco Bell, for instance, are all part of one company, Yum! Brands.)

As I said, you have to go through proper channels to get a monopoly in the US.  If you don't, the penalties are harsh. But if you do, the benefits are enormous.

So we agree that the market is currently regulated to avoid monopolies then? (And yes, it is regulated to enforce certain monopolies as well.)
No, not to "avoid" monopolies. To ensure that only the right people get monopolies, and to protect those who do.

They need peaceful means of dispute resolution. Such as arbitration.

By whom? How would this work? Elaborate please...
Well, Let's say you were a drug dealer. You had your "turf" staked out, your favorite corner where people came to you to buy their drugs. Now, let's say another dealer "muscled in" on your turf, and one morning, you walk out to "your" corner, to find him and two big tough guys standing where you usually do. You go up to him, and you say, "Yo, this my turf, man, go get yer own corner." He replies, "It's my turf, now, punk. Piss off."

At this point you have several options: You could try for a peaceful solution, you could shoot him yourself, or you could go to the cops. Let's assume that you're a more enlightened drug dealer than is average, and you know that shooting him yourself will only start a war between his gang and yours, and going to the cops will, at best, still mean you need to get a new corner, because the cops will be watching that one for a while, and at worst, land you in jail right next to your rival and his buddies. So you opt for a peaceful solution.

Let's further say that I am an arbitrator (I am, by the way) and offer services to the drug dealers in the area (I don't, but only because I don't know any). You come to me, and ask for my assistance in resolving this turf dispute between you and the new guy. I accept, and proceed to offer my service as an arbitrator to the new gentleman, offering a peaceful solution, one that does not end up with him dead or behind bars. Now, we're starting to strain credulity, but let's assume that the other drug dealer is also wiser than average, and sees the benefit of my proposal. He agrees to arbitrate the dispute, rather than deal with the issue in the typical violent manner.

We then go to a room, and discuss the problems. It is discovered that the new guy was pushed out of his turf by yet another dealer, and just needed a place to conduct his business, and that's why he's taken over your spot. I suggest that the particular intersection where you do business has four corners, and he can simply take the opposite one, which is closer to his home anyway. He accepts, and you get your corner back, and he has a shorter "commute." Everybody happy, nobody dead. This is just off the top of my head, understand, and may not be entirely accurate, it's certainly grossly simplified. But it gets the gist across.

My point was that the drug market is anything but "unregulated." It's been regulated to death, in fact.
Yeah? Who is doing the regulating in Northern Mexico?

The answer is: nobody. That's the whole point. It's a failed state (in that region).
I'd say the Sinaloa Cartel is doing a pretty good job of "regulating" the drug economy in Mexico.
225  Other / Politics & Society / Re: occupy taksim on: June 01, 2013, 05:04:16 PM
I don't think the US has anything to do with it. Erdogan had a very friendly meeting recently with Obama, if you want.
That doesn't really mean anything. I can show you images of presidents shaking hands and smiling with other leaders, months, or even weeks, sometimes, before the US took down that country.
226  Other / Politics & Society / Re: This sums it up well. on: June 01, 2013, 05:02:21 PM
There is no problem in capitalism. There is a problem with governments interfering with capitalism. These governments just need to get lost!
capitalism is a problem because if you run it forever in a test ground then you will end up with one person holding everything while the rest holds nothing. Because rich gets richer faster the richer he is. This is why people are trying to take somehow from the rich and give to poor so they have slight chance to catch up.
Have you actually thought this through? Do the people in your test ground not need to eat, or need any other services?
this is why i said its test ground and not real life, in real life people are dying, wasting they wealth etc but the point stands.
No, in real life the rich people employ the less-rich, and pay them to provide the things they need. This is called the "economy," and it ensures that people are rewarded only inasmuch as they help others. This is, in fact, how the rich man got rich, by providing goods or services to many people.

capitalism is not fair because it allows people to earn money for example by renting they flat and getting money for nothing while others have to hard work to get one for years.
Do you think that they did not have to work hard for years to afford that flat, as well? Do you think that they do not need to maintain that flat in livable condition in order to maintain that income? Do you not see that by doing so, they are relieving the renter of that responsibility?

Or another example is capitalists who often use people as slaves and as a way to earn money for themselves and not to fair share their profit between people who worked on this too.
I assume you're speaking of wage labor, and not literal slavery? Did you ever think that maybe, the wages are that worker's fair share? If I give you a short video to watch, will you listen to the tale of Edgar the exploiter?
https://www.youtube.com/watch?v=IFbYM2EDz40
227  Economy / Economics / Re: Is it true that the Fed is privately owned on: June 01, 2013, 04:07:44 PM
As long as prices are fixed, I don't care if it is one corporation doing the job, or several that are colluding. Same difference. Centralization of power.
This is a valid point, but in a free market, the same things that would topple a natural monopoly would topple or disintegrate a cartel. In addition, there is the possibility of internal strife. A cartel is less of an issue than a monopoly.

Quote
Monopolies are anything but illegal in the US. You just have to go through proper channels to establish one.

"The law's treatment of monopolies is potentially the strongest in the field of antitrust law. Judicial remedies can force large organizations to be broken up, be run subject to positive obligations, or massive penalties may be imposed the people involved can be sentenced to jail."

http://en.wikipedia.org/wiki/United_States_antitrust_law#Monopoly_and_power
As I said, you have to go through proper channels to get a monopoly in the US.  If you don't, the penalties are harsh. But if you do, the benefits are enormous. And just like you can't go into a smoke shop and ask for a bong (it has to be called a "water pipe"), you can't call it a monopoly. It's a "government contract."

Quote
The reason violence is the dispute resolution method of choice in the drug market is because of the regulations making participation in that market illegal. They have no legal means of resolving disputes.

Wait, so we do need a state in order to legally resolve disputes then?
No. They need peaceful means of dispute resolution. Such as arbitration. But since any participation in that market is illegal, and punished by the government, it's difficult for them to get it. My point was that the drug market is anything but "unregulated." It's been regulated to death, in fact.

Now, a side note:
Quote
The fact that you are only here to prove other people wrong, instead of trying to actually progress your way of thinking, is exactly why I do not like to argue with you at all; there is not really a point in doing so.
I am not here to "prove people wrong." I am in fact here to see if my ideas can be knocked down by anyone else's. If you can prove my logic faulty, I will discard it, and take up the superior point. The plain fact is that nobody has been able to prove me wrong yet, and I don't see much hope in you doing so. But I wish you the best of luck in trying.
228  Other / Politics & Society / Re: Bitcoin - powered by greed? on: June 01, 2013, 03:50:16 PM
"For lack of a better term"
Until Kropotkin strolls along with his Mutual Aid as a factor in Evolution.
Then we have a better term.
Except "mutual aid" does not convey the self-interest inherent in human nature, the desire to better one's self.
229  Other / Politics & Society / Re: This sums it up well. on: June 01, 2013, 03:46:50 PM
There is no problem in capitalism. There is a problem with governments interfering with capitalism. These governments just need to get lost!
capitalism is a problem because if you run it forever in a test ground then you will end up with one person holding everything while the rest holds nothing. Because rich gets richer faster the richer he is. This is why people are trying to take somehow from the rich and give to poor so they have slight chance to catch up.
Have you actually thought this through? Do the people in your test ground not need to eat, or need any other services?
230  Other / Politics & Society / Re: If Anarchy can work, how come there are no historical records of it working? on: June 01, 2013, 03:42:55 PM
^ Cherry-picked quotes from favoured figures of authority =  Roll Eyes
I'd point out that Dr. Paul agrees with my understanding of freedom. Mayor Giuliani seems to be more in your camp.
Nope. "Freedom or slavery, Democrat or Republican -- pick one or the other." That's what you keep saying.
Find an actual quote where I say anything of the sort.
OK.
So, only an agrarian, matrilinear society is truly free?

You have a very limited world-view.

Right back to where I started.
While you don't literally ask people to choose between freedom and slavery, your various posts such as that one, convey the message that you're stuck with an insatiable freedom-lust. The blue team keeps winning, but you want the red team! Cry You never seem to ask yourself: "why do I want this 'freedom' so badly anyway? It's not a tangible item, it's just a made-up concept that all my favourite authors/politicians seem to use in order to convince me that I'm a 'slave' and manipulate me into supporting some philanthropic cause of theirs." You're not thinking outside the square.
Do try and keep in mind that that quoe was in response to this:
Anarchy is the non-patriarchal, non-monogamous, autark, selfsufficient, matrilineal community, which is not taxed and dominated by masters, rulers, strangers.
It was his claim that only an agrarian, matrilinear society community could be free from oppression, not mine.
231  Other / Politics & Society / Re: How Job Creators Could Fix The Economy (& How Bitcoin can Help) on: June 01, 2013, 07:59:37 AM
Quote
In the United States, where Walmart began, we employ more than 1.4 million people in Supercenters, Walmart Discount Stores, Neighborhood Markets, Walmart Express Stores and Sam's Clubs.

OK, it turns out, if the $6 pay raise is implemented and vacations are also paid, Walmart will be immediately in red.
Well, to be fair, not all of them are minimum wage employees. But I can guarantee they all will be (probably even the store managers) after a minimum wage hike to $12/hr.

I don't think so, I think many of them will be on welfare immediately afterwards.

Otherwise I agree.
Well, yeah... those not immediately out of work will be minimum wage employees.

I hope you like self-checkout. That's going to be all there are. Probably push that RFID checkout idea up a few years, too. Fire everybody but the restockers, the greeter, and one or two other people to get shoppers set up on the Walmart RFID program, switch out the pylons at the doors. Costs down, profits up, shoplifting a thing of the past.

Kinda sucks for all those out of work employees, though.
232  Other / Politics & Society / Re: How Job Creators Could Fix The Economy (& How Bitcoin can Help) on: June 01, 2013, 07:50:48 AM
Quote
In the United States, where Walmart began, we employ more than 1.4 million people in Supercenters, Walmart Discount Stores, Neighborhood Markets, Walmart Express Stores and Sam's Clubs.

OK, it turns out, if the $6 pay raise is implemented and vacations are also paid, Walmart will be immediately in red.
Well, to be fair, not all of them are minimum wage employees. But I can guarantee they all will be (probably even the store managers) after a minimum wage hike to $12/hr.
233  Other / Politics & Society / Re: How Job Creators Could Fix The Economy (& How Bitcoin can Help) on: June 01, 2013, 07:43:28 AM


 Job creators close their businesses because they want to, and don't be silly, they are not so stupid as to not be able to figure out someone is manipulating the market to shake their money out of their pockets.

1. I can't believe you are stupid enough to think wal mart and mcdonalds would close because of a 6 dollar wage increase

2. It's not manipulating the market to get money out of their pockets, it's called paying the national debt.

1. Simple math: Wal-mart has more than 2.2 million employees around the world,

I'll stop you right there.

We are talking about Americans, not sweat shop babies. The stuff over there is wrong, but it's not the issue.
What a shame you stopped where you did, for he addresses this point:
let's say they have 1 million of them in the U.S, and they work 220 days a year, now $6/hour rise for everyone here=$6*8*220*1,000,000=about 10.5 billion dollars

But you knew that, right? After all, it would be base hypocrisy to accuse people of not reading posts before responding to them, and not actually read them yourself.
234  Other / Off-topic / Re: How long has your OS been installed? on: June 01, 2013, 07:18:39 AM
Interestingly enough, one of the first programs I ever wrote, in some form or another of BASIC, was a one-line "virus" that erased everything on the hard drive. I never intended to run it. My dad, however, didn't know what it would do....

Boy, was he pissed. I honestly thought I was going to die that day.
Heh. I did almost exactly the same thing in high school, only it wasn't BASIC, it was autorun.inf (this was back when Windows would silently run anything autorun.inf told it to, no questions asked). I nearly got suspended for that.
Oh, evil....
The school did weekly backups of everything, so I figured it would just be a minor inconvenience. That's the only reason I wasn't suspended. In retrospect, it was slightly less funny than I thought it would be. But only slightly.
lol... yeah, I taught my dad the importance of regular backups, if nothing else.
235  Other / Politics & Society / Re: How Job Creators Could Fix The Economy (& How Bitcoin can Help) on: June 01, 2013, 07:17:16 AM
Job creators close their businesses because they want to, and don't be silly, they are not so stupid as to not be able to figure out someone is manipulating the market to shake their money out of their pockets.

1. I can't believe you are stupid enough to think wal mart and mcdonalds would close because of a 6 dollar wage increase
I can't believe you're stupid enough to think they wouldn't.
236  Other / Politics & Society / Re: How Job Creators Could Fix The Economy (& How Bitcoin can Help) on: June 01, 2013, 07:03:13 AM
Job creators can just stop running their businesses, and everybody have no job, they are not masochists.
Paying your workers fair (above welfare) wages, is not the same as enjoying pain. You're retarded.
You are speaking again as if you know better than everybody else about their own businesses, while you don't have data or anything to back your idea up. No wonder you get the delusion that if they don't agree with you, they're either retarded or too greedy.
Or a troll. You forgot troll.
237  Other / Politics & Society / Re: How Job Creators Could Fix The Economy (& How Bitcoin can Help) on: June 01, 2013, 06:56:05 AM
Job creators can just stop running their businesses, and everybody have no job, they are not masochists.
That's precisely what many will do. 90% of small businesses, I would wager, would go out of business. Maybe more. It would certainly kill McDonalds, and most other minimum wage employers.
238  Other / Politics & Society / Re: How Job Creators Could Fix The Economy (& How Bitcoin can Help) on: June 01, 2013, 06:51:48 AM
I'm clicking ignore. Googbye Myrkul, your trolling is done, as far as I am concerned.
Truth hurts, I'm sorry you can't take it. In the unlikely event that you would like to learn a little economics to go with your dreaming, I'll be here. Or you can read Sv. Hazlitt: https://mises.org/document/6785/Economics-in-One-Lesson
239  Other / Off-topic / Re: Fasting for 12 days on: June 01, 2013, 06:49:01 AM
Good thing nobody invested in Dank's hookah lounge.  Is Dank finally dead? 
Well, the world hasn't ended yet, so I'm guessing no?
240  Other / Off-topic / Re: How long has your OS been installed? on: June 01, 2013, 06:47:52 AM
Interestingly enough, one of the first programs I ever wrote, in some form or another of BASIC, was a one-line "virus" that erased everything on the hard drive. I never intended to run it. My dad, however, didn't know what it would do....

Boy, was he pissed. I honestly thought I was going to die that day.
Heh. I did almost exactly the same thing in high school, only it wasn't BASIC, it was autorun.inf (this was back when Windows would silently run anything autorun.inf told it to, no questions asked). I nearly got suspended for that.
Oh, evil....
Pages: « 1 2 3 4 5 6 7 8 9 10 11 [12] 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 ... 544 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!