Unbelievable.
I't unbelievable only if you are one of those people still believing to tooth's fairies and other fairy tales like the one where a government is good for us. |
|
|
|
They should change their name to the Electronic Just-A-Few-Steps-Behind-The-Frontier Foundation
lol  They became really lame. |
|
|
|
|
Hat off to the blogger that was interviewed, a very capable speaker.
I suppose it's a user of the board... does someone knows his nick?
|
|
|
|
The Gold report interviews James Turk Gold and Bitcoin are the Currencies of the FutureEurope, says James Turk, founder and chairman of GoldMoney, is in the midst of two crises—one in the banking sector, the other related to economic activity, and capital is needed to solve both. As to the allegedly strong dollar, Turk, in this interview with The Gold Report, suggests comparing it to the price of gold rather than other fiat currencies for a better picture. And the world's newest currency—Bitcoin—has a lot in common with one of the oldest—gold. The same concept applies to Bitcoin. Bitcoin is money, not an investment. Its exchange rate can go up or down just like the price of gold. In that sense, Bitcoin could be called a store of value just like gold.
Wow... Those words coming from James Turk? That's a big turnaround from him... |
|
|
|
So, if really China wants to hurt USA and it has just to dump his trillions, and that could trash the dollar overnight.
Yes, but that would be a severe form of self immolation. Step two would be to slowly sell them off as might be starting to occur now according to Bill Gross, while at the same time pursuing the dual strategy of gold and Bitcoin accumulation.
I'm not sure I understand this logic, can you please elaborate? This is my reasoning, please point me the flaws: case 1) China is holding trillions of dollars: if it sells them they become less valuable and conversely the Yen appreciates. When they have sold all of them they have a reserve of strong currency and no reserve of unuseful dollars case 2) China buys bitcoins and/or gold so that the game of (gold) price suppression come to an end. PM and Bitcoin values soars, the dollar crashes. China is left with trillion of worthless dollars. Why case #2 should be better than #1? |
|
|
|
if true, this could be an extraordinary event. I sometimes wonder if Bitcoin's creator was Chinese. It makes as much sense as anything as this unfolds. Taken from here: In total, China owns about 8 percent of publicly held U.S. debt. Of all the holders of U.S. debt China is the third-largest, behind only the Social Security Trust Fund's holdings of nearly $3 trillion and the Federal Reserve's nearly $2 trillion holdings in Treasury investments, purchased as part of its quantitative easing program to boost the economy. So, if really China wants to hurt USA and it has just to dump his trillions, and that could trash the dollar overnight. |
|
|
|
Mi sembrava strano vederti online...
109.201.133.65 bitcointalk.org
Grazie! Sono online perchè FireFox sta tenendo in cache il vecchio ip, ma il sistema risolve con l'ip sbagliato... |
|
|
|
Interesting. I had to edit my hosts file to access the site.
What IP do you have to force? bitcointalk.org is now resolved as 184.170.143.141 which I suppose is wrong. |
|
|
|
When you strip away all the lies, euphemisms, and obfuscation, it all comes down to a basic moral question. Threatening violence in order to compel other people to obey is either morally justifiable or it isn't. There is no in between. Whether you're talking about threatening violence in order to compel someone to have sex, or threatening violence in order to compel them to surrender money, the underlying principle is the same.
Some people are willing to call the evil out for what it is. That's fine. Other people people are too afraid to speak up. That's fine too. The very worst sort of people are the ones who can see the evil, recognize it, and are afraid to speak up but instead of just remaining silent help give it intellectual and linguistic cover. They help to blur the lines by spreading lies, euphemisms and obfuscation.
+1 Very well said |
|
|
|
I wouldn't call that line "objective reporting". "illegally" is presumptuous. Nobody was arrested or charged with a crime. I don't see any mention of any complaints. There is no information to support the characterization. I think they threw in the word "illegally" because nobody would read the article if they didn't. That isn't good journalism, that sensationalism.
Last time I checked, using people's resources without their consent was illegal, I don't know if it's the same for you where you live. |
|
|
|
"I figured it out, I finally know who Satoshi is!"
"Really? Who?"
"Dread Pirate Roberts!"
"Who's that?"
"I dont know, some anomyous person or group."
good one +1 Yes, very good one ;-) |
|
|
|
[...]
Chamath was born in Sri Lanka, grew up in Canada, and graduated with a degree in Electrical Engineering from the University of Waterloo. Please do not put him on the PR page. God forbid we have this type of megasuccessful, megasmart person with an impeccable CV representing Bitcoin, spreading the news to people living under economic dictatorships the extremist idea that Bitcoin can make their miserable lives better. Too political! I LOLled hard |
|
|
|
|
I really look forward to this ATM.
A friendly advice to Jeff: please quit smoking on video :-D
(I'm referring to one of his recent interviews)
|
|
|
|
Wow, that's a lot of new stuff Is there a proof-of-concept client to play with? |
|
|
|
|
"The € is losing 2% every year"
Mmm... if only this was true... The € is losing much more.
(Thank you for the translation)
|
|
|
|
It should be noted before getting too excited, like some of these responses are, actually read my transcription, and remember that he probably wasn't expecting to talk about Bitcoin.
GJ: Can I ask you something - left-field question?
DM: Sure
GJ: Bitcoin...
DM: Uh-huh
GJ: virtual currencies...what do you make of that?
DM: So, I've been spending a lot of time looking at it,
GJ: I'm sure
DM: and it's truly fascinating, actually, the way the, that the currency's been designed, and the way that, uh, you know, inflation is built in to pay for miners, and...
GJ: Yeah
DM: all that is truly fascinating. Um, and I think, you know for us at PayPal, it's just a question of...whether Bitcoin will make it's way to PayPal as a funding instrument or not, and uh, and ya know, we're kind of uh.. of thinking about it.
GJ: I, I guess, like yeah, like the rest of us, we're all kind of watching it, sort of with, with, with a great deal of interest, but kind of, a lot of people have been taken aback by, by the sort of.. of the velocity of the moves.
Whats your point? Just look at his face during those answers... You don't have to be a Lie To Me addict to understand his expression that means "You can't imagine how much I'm so uber long bitcoins" ;-) |
|
|
|
|
Show Posts
