in der bild wurds nur im hintersten winkel des online-auftritts erwähnt, auf der front-seite sind wir lang noch nich

die schreckensmeldungen konnten dem kurs nich viel anhaben

einige der frühen adaptierer scheinen behutsam rauszucashen, auch das kann dem kurs nicht viel anhaben

die warteschlange für neue mtgox-benutzer is noch sehr lang

china

seit dem reward halving ist der kurs nie wieder nachhaltig mal gesunken, seither scheint die adaptionsrate tatsächlich konstant größer als die inflation von neuen coins zu sein

also ich tippe nun doch auf keine blase mehr, sondern auf weitere mehr oder weniger konstante (im mittel) leichte kurssteigerung quasi bis hin zum jüngsten tag

to be fair, most of those would be nondeductible

but reminds me that here in Germany gov wants to collect taxes from seniors meeting to play card games for a little money 

The concept of a brainwallet is incompatible though with Marx's "From each according to his ability, to each according to his needs".

change.org? ist das ein witz?

najo der Petrodollar ist letztlich durch den militärisch-industriellen Komplex gedeckt. Konstante Inflation ja (wg Keynesianismus), Hyperinflation nein.

Terence McKenna used to believe that the internet is the savior. Close call I guess.

there's more to Max Keiser's words than most would believe.

According to anthropologist (and left-anarchist) David Graeber, money evolved from debt (not barter). The ruling class invented religion as an instrument of intimidation and debt collection. The words for debt and guilt are the same in most languages (like German "Schuld").

"[...] All major world religions grew in response to money, whether informed by the beliefs of people living in a money economy, or in reaction to its evils."

http://p2pfoundation.net/First_Five_Thousand_Years_of_Debt

Now we have the savior of debt-free currency to deliver us from all sin.  

Imagine a primitive (agrarian) island without any special resources. They can sustain themselves, but their means are too primitive to produce anything the world market wants. So they can't export anything. They can't get euro, dollars, gold, silver, or bitcoins. Should they starve because of that? No, they can barter among themselves. Someone produces food, someone else clothes. Such a barter system is effectively a local currency.

Greece is comparable to this situation, just to a lesser extent.

Another option the island has is to sell their workforce to multinational corporations in sweatshops, but they should have a choice, right?

officially this post-hoc reasoning of course, but still a good fit. 


u mean SELL!?? 

but no one shrugged 

so a CIA investment firm have their dirty fingers in Bitcoin? 

could they possibly have stashed a little silver too? just in case? OMG silver is owned by the CIA !!!1! 

Define perfection.


Good monarchy is better than bad anarchy, bad democracy, bad whatever. But who guarantees that a monarchy stays good? Where's the possibility and incentive for positive change to be initiated by the plebs?

One who didn't was Silvio Gesell with his Freiwirtschaft (Freigeld, Freiland, Freihandel).

No one needs more than 640K.

This tax argument has two aspects to it:

1. Network effect: When you have to pay taxes in dollars, this creates a strong network effect because everybody needs dollars to pay their taxes, which makes it hard for another currency to compete.

2. Backing by legislation: Money and state have always been much more intertwined as most libertarians would like to believe. The ability to collecting USD debt is backed by state force. That's why many see alternative currencies merely as play money. So someone owes you BTC, so what? See pirateat40 at al.

Finally we've found the one correct price once and forever. 

Also:

---

It is a slow day in a little Greek Village. The rain is beating down and the streets are deserted. Times are tough, everybody is in debt, and everybody lives on credit. On this particular day a rich German tourist is driving through the village, stops at the local hotel and lays a €100 note on the desk, telling the hotel owner he wants to inspect the rooms upstairs in order to pick one to spend the night.

The owner gives him some keys and, as soon as the visitor has walked upstairs, the hotelier grabs the €100 note and runs next door to pay his debt to the butcher.
The butcher takes the €100 note and runs down the street to repay his debt to the pig farmer.
The pig farmer takes the €100 note and heads off to pay his bill at the supplier of feed and fuel.
The guy at the Farmers' Co-op takes the €100 note and runs to pay his drinks bill at the taverna.
The publican slips the money along to the local prostitute drinking at the bar, who has also been facing hard times and has had to offer him "services" on credit.
The hooker then rushes to the hotel and pays off her room bill to the hotel owner with the €100 note.
The hotel proprietor then places the €100 note back on the counter so the rich traveller will not suspect anything.

At that moment the traveller comes down the stairs, picks up the €100 note, states that the rooms are not satisfactory,pockets the money, and leaves town. No one produced anything. No one earned anything. However, the whole village is now out of debt and looking to the future with a lot more optimism.

---

This is an example why we have monetary politics and money printing. The tourist essentially extendend money supply. Only this enabled the villagers to cancel debt. Obviously, we don't want this anymore, as the central banks today never remove these additional €100 eventually like the tourist did, and this is what's leading to perpetual inflation.

The real problem here is simply lack of information. Ripple is a much more elegant solution as it can clear mutual debt instantly and automatically.