Honestly, I have started mining now so it goes against my short term interests, but deep inside I hope Bitcoin collapses and a lot of the people that is in here not for the community or the currency and just purely for the monetary gain go away. Nothing wrong in wanting to earn money (I do), but Bitcoin is much more than that. If Bitcoin crashes to some degree and some people get caught on it, maybe we can focus 100% in Bitcoin as a currency and have a nice community here.

There are plenty of examples of how price deflationary economies grow and thrive. In fact, it is inflation that stops growth because it creates malinvestments.

The problem is that keynesians ignore the empricial evidences and keep repeating the same nonsense. If Bitcoin works or it does not it wont be due to price deflation.

There is a place where this has been discused already: http://forum.bitcoin.org/?topic=583.0

Dont start new threads, use the old one.

Yes, my mater. Without you there will be no roads and people will start killing each other. Thank you for using violence against us... 

We are making fun, but this is going to be a real life test to see if TOR is really as anonymous as it claims it is. Same can be said with for Bitcoin although Bitcoin only claims to be pseudo-anonymous (you have to actively follow some rules to be completely anonymous).

You might want to try the european over the counter chat room: its in freenode as well and its called #bitcoin-otc-eu

Its being discussed in the general subforum: http://forum.bitcoin.org/index.php?topic=12456.0

Dont forget Liberty Dollars.

This is an interesting idea on how governments could attack bitcoins, but you have to realize if governments push up the price of electricty just to punish bitcoin miners, they would be punishing everybody else in society. People would not like it, industry would become expensive, etc.. Its not viable.

http://guifi.net Check the map to see how big the network is.

But if I am not mistaken a PAC can not directly support one candidate, so you would not be giving yor money to Ron Paul.

Makes a good point?  

So now a bunch of falacies are good points? Come on.

But Ill bite:


By now anyone should see that this person is dishonest (or completely indoctrinated) because this ad-hominenm attack is the first thing he does. Libertarians are a bunch of geeks with no friends and no real life and bla bla bla... This is the level of discussion? Really?


Now he makes a false asertion. He obviously does not point out any example because he can not.

For example, Greece is one of the most social-democrat countries in Europe (government spending increased, teachers and other government employeesget pay a lot more than the general population, the government had and has nationalized banks, etc...) and they are crashing.

Lets take the more extreme example of Somalia. When Somalia had a socialist government they were a lot worse off than they are now in anarchy.

All the real life examples show that the free market produces better results than socialdemocracy. What is seen in reality is that socialdemocracy is corporatism.

EDIT: If you are going to say that Sweden is a socialist country and bla blah blah, let me remind you that Sweden has the corporate tax lower than the USA and the tax for workers way higher than the USA. In fact, neoliberal economists point to Sweden as an example of neoliberalism.


The problem with this again is that it does not check with reality. Its a fantasy. Big corporations want MORE regulations and lobby for it. Regulations have been increasing in the USA during each of the last decades (just go and check the government data). You would only think regulations have decreased if you believe the propaganda of the corporate media, that is promoting this false idea. And because there are more regulations big corporations have been able to avoid competition, run wild and fuck the consumer.

There is corruption because there is democracy.


Another ad-hominem showing how arrogant he is, even when he is out of touch with reality.


Here he is showing his ignorance. Hayek stated that there is no way to prove a theory 100% right, but there is a easy way to disprove a theory, just show one empirical evidence that proves its wrong. I can show you empirical studies in the austrian tradition, for example: http://www.gmu.edu/depts/rae/archives/VOL14_4_2001/5_keeler.pdf


People died for dictators and kings too... I guess that is reason enough to defend dictartoships.

Falacy after falacy.


People in the middle-east are protesting because the price of food and other basic stuff has skyrocketed. You would only believe its "for democracy" if you are a mindless drone and believe the western corporate media. There is a reason why the corporate media promotes the idea of democracy all the time. And btw, egiptians dont know it but prices are going up in big part due to the action of the actions of the western democracies.


I guess a National Socialists could always defend Hitler saying that Stalin killed a lot more poeple.

Falacy after falacy.

Also, we have stated that democracy is a very authoritarian system. If the problem with democracy is that its very authoritarian why are you insinuating that we want a even more authoritarian system? Its ridiculous, but it shows that you are not addressing any logical point, just repeating the indoctrination you have received.


This is obviously an impossiblity, and therefore a beautiful lie so you accept the system. Democracy is designed to take the power away from the people for the political class and their buddies (big bankers and big industrialists).

This is the problem with indoctrinated people. They place their hopes in a democratic guy, the guy does what any democratic leader does, abuse the peole, they complain its not real democracy. They place their hopes in a new leader that again does what any democractic leader does, abuse the people, and complain again its not real democracy. They place their hopes in a new leader... I think you get the picture.


Be afraid, be very afraid, without democracy dinosaurs will eat your children!!


Be afraid, be very afraid!!! (I think Bush is looking for you to hire you as propagandists).


And there you go. The childish believe that politicians are looking for you and will restrict big companies. They dont know how to restrict big companies, but they dont even want to. The political power always benefits the people with more money and more capital, allowing them to avoid competition with regulations, and fuck the consumer.


And ending with an ad-hominem. Bravo!

Honestly, how anyone can consider this rational thiking is beyond me.

I honestly hope that bitcoins crash a bit so the speculation frenzy dies, people is more wary of buying bitcoins just because it will go up in price and people start thinking of bitcoin more as a currency to earn through business. But I guess this phase we are seeing is inevitable.

Ron Paul is the republican candidate that polls higher against Obama.

Hopefully and then you will realize you can not calculate the demand for money because nobody is able to access the needed information.

Btw, you can keep trying to explain how you can calculate the demand for money. Its entertaining.

Stop lying. He did not write them and he did not managed the Ron Paul newsletters. Lew Rockwell was the one managing his newsletters and some have accused Lew of writting some of those because of the writing style but nothing is confirmed. So please stop, what do you gain from lying about Ron Paul?

Im an atheist and I would be happy to have Ron Paul in the White House.

Ron Paul did not say or write this things. Its there in the wikipedia page.

And this has any resamblance with what happens in reality how?

And there you go, you are just doing some nasty approximations, because you have no way of determining the demand for money (bitcoins). Specially calculating the rise in prices is an utopy. Your system would probably do more harm than good.

There is also the problem of implementation that is basically imposible because you dont know if MtGox will exists in the future or if it will the majoritary exchange.

And why are you deciding that the dollar is the only reference? And even if you include all the other currencies, how do you weight each currency?

You cant, but even if you did, you are not yet having a mesure of the demand for money, because the exchanges are not the only factor in the bitcoin economy creating demand for money.

Again, how do you measure the demand for money?