Hi

I think the American Dollar is in a lot of trouble

This Link really explains it..

http://www.stansberryresearch.com/pro/1103PSIEOAVD/PPSIM722/PR

Would a collapse of the USD be of benifit to the BitCoin

Krugman is now trying to defend his denial about inflation by showing charts of sticky prices... And even the sticky prices are going up. Obviously sticky prices are going up slower than non-sticky prices (no shit sherlock), but even sticky prices are going up.

I dont understand how people can keep reading that clown.

I am thinking of selling USB's with pre-charged wallets.

Has anyone played this? I tried to create an anarcho-capitalist nation. Clearly the game is biased towards some sort of mixed democratic system.

http://www.nationstates.net/nation=libertarctica

I also made the region The Lands of Anarcho Capitalism.

Libertopium Decides:
"Give Us Money!" Quoth the Poet

« Back to Issues
The Issue

The National Poetry Society of Libertopium is demanding government-funded programs to promote the arts, especially poetry.
The Debate

   1. "We need government help to promote culture." says Buffy Shiomi, chairperson of the National Poetry Society of Libertopium. "Poetry is the soul of our nation, the very pulse of humanity! We will ultimately be judged according to our contribution to artistic enlightenment. In other words, please provide funding for our humble mission to bring the beauty of poetry to the masses!"


   2. "Artists and poets should support themselves, like everyone else," replies Zeke Thiesen, spokesperson for the Capitalism Now Party. "The suffering taxpayers should be given a break. In fact, we should abolish all government subsidies for special interest groups."


   3. "Poets--who needs them?!" scoffs Chastity Silk, Chairperson Emeritus of the Troglodyte Coalition. "These long-haired troublemakers should all be lined up against the wall and shot! That would be far more entertaining than reading some dumb poems!"

The forum post: Worlds First Bitcoin Tattoo, is in violation of the law. I have reported at least one image to the admins with no action taken. Apparently your not allowed to cuss on this forum but you can show naked bodies or body parts. Its a strange form of ethics. If you like porn good for you. But keep it off this forum. Porn is a major vector for viruses.

Take action to corrects this problem by requiring people to verifiy their age or remove the offending images or I will be forced to report this site for violations of the law. You have 72 hours to take action. If you want to expose yourself to $50,000 fine and/or 6 months in jail its your choice. It should be noted that the posters might be just as liable as the forum operators.

Child Online Protection Act, 47 U.S.C. § 231
Internet Safety & Child Protecton Act of 2005, S. 1507

^^ +1 though I would finish the sentence with "living in mom's basement."

I pretty much agree with this. There is no getting around the inevitable global fiat-fiscal crises, triggered primarily by destruction of the dollar. However, it could *still* take decades. Just because the writing on the wall is obvious and nearly irrefutable doesn't mean it's going to happen tomorrow. There's incredible status-quo inertia with the dollar as the world's reserve, etc. People have been crying fiscal disaster for decades. They're right that it will happen, but we could very well muck along with moderate inflation for decades until we finally get to the straw that breaks the camel's back (which I personally suspect would have something to do with China's GDP getting large enough relative to the US's that they wouldn't care so much about a tanking dollar).

5g Weed

The sad truth of it is he places his skewed principles above bigger issues due to the fact that he hasn't yet become aware of the significance or depth of those issues. His ignorance is his excuse for refuting that such cascading effects exist within the biosphere that we live in. To him, it's more important that an entity be allowed to follow a human contrived principle than to actually do the math. Furthermore, he doesn't acknowledge that within his system, due to human nature, everything will be destroyed.

He is probably not aware of the scary statistic that one half of all the Earth's post-ice age forests have been destroyed in the last 8,000 years, and that most of that damage has occurred since 1970. Even if he is given time to digest that statistic, his simplistic ideology does not encourage him to dig deeper and try and truly understand the total ramifications of that. Better to remain blind than to be curious. Deforestation depletes atmospheric cycling, decreases biodiversity (which he doesn't understand the significance of), heats ground water, destroys soil sustainability, displaces local economies, creates pollution from burning and excavation, increases edge effects (something he's never thought of), and disrupts local food chains for the surviving sections.

He has never bothered learning about the true debt that is incurred by consuming the limited resources of this planet. In fact, he is likely to construe the above usage of the term resource to mean only the depletion of some resource, such as oil. He is both unable and unwilling to concede that consumption of a resource also destroys other resources in the process of extracting it. He is too obtuse, and generally dense to apply a deeper analysis to the processes, because by doing so, he might realize that the principles he so earnestly stands behind and defends with the same one liner responses over and over in these forums are not adequate or finely nuanced enough.

He does not care to understand fully the dynamics of the system we all live in. His cancerous solution, predicated upon his simplistic ideology, does not require him to study beyond the boundaries of his own limited ideals, because in the short term, all that matters is the ability to efficiently increase his bottom line. Just like a cancer kills the host in pursuit of its own growth, his system will kill the host in pursuit of its own growth. He cries that his system magically self corrects, without acknowledging that cancer self corrects too, because when the host is dead, the cancer is dead as well.

The very existence of his stubbornness and ignorance are a perfect demonstration that his system, although it would contain beneficial entities within it, also would have stubborn and ignorant individuals who cannot place the importance of a deeper understanding of processes that exist outside of the libertarian principles over greed.

Some rape is alright but where we draw the line is a matter of debate?

I wonder if he'll ever answer the question.

Mr. Britto is simply stating what he felt will help bitcoin takes off.

Mr. Brito was optimistic about Bitcoins finding consistent users. But as with many online innovations, the early adopters tend to occupy a different, if marginal, niche.

“This is a censorship-proof currency that allows transactions to happen,” he said. “Right now what are those sort of transactions? Gambling, buying drugs — that is what is going to jumpstart it.”

I think you are Absolutely wrong.
This is USA who's gonna lifting debt limits, not zimbabwe.
Perhaps somehow its gonna effecting some factor, maybe "trust" ?

Don't worry, my friend.  In several years, there will be so much inflation that it wouldn't even be economical for the Fed to waste the cotton and ink to print denominations lower than $10.