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2441  Bitcoin / Bitcoin Discussion / Re: bitcoin is slowly changing my ideology from socialism to libertarianism! on: August 05, 2014, 11:26:12 AM
http://en.wikipedia.org/wiki/Libertarian_socialism

You can be both or a mixture as they can be interchangeable, but why even pigeonhole your beliefs?
Libertarian socialist = Social Anarchist = Anarcho-socialist.

Reason and ethics will take you on a journey that ends with autonomy, solidarity, and above all, compassion.

Compassion must include a healthy dose of anti-capitalism, as capitalism divides us against ourselves, and creates the illusion of a "dog-eat-dog" world.
2442  Bitcoin / Bitcoin Discussion / Re: Bitcoin = political? on: August 04, 2014, 11:07:26 PM
We've all been calling Bitcoin a "libertarian" technology but what if Satoshi didn't really intend it to be?
He did. With respect, you need to do your homework before you start a conversation or you look foolish.
2443  Bitcoin / Bitcoin Discussion / Re: The Bitcoin Cold War has begun on: August 04, 2014, 03:20:49 PM
There were a ton of winners in the cold war - everyone alive who had a hot war prevented.
QFT, and a great analogy for Bitcoin. Everyone alive is a winner, even if you still have 0 BTC when it hits 100,000 $ / bitcoin.

Everyone is a winner because bitcoin is the end of nation-state sovereignty, and therefore the end of nation-state violence.

This is about more than money - it's about life.
2444  Economy / Speculation / Re: How many Bitcoins needed to retire in 5-6 years? on: August 03, 2014, 08:29:52 PM
In your opinion how many Bitcoins would someone need today in order to retire by August 03 2019 or Aug 03 2020?
How old are you? Male/female? Any congenital diseases? Smoker/non-smoker?

Any children? Plan to have children? Have any fiat savings?

Anyway, assume 500,000 $usd per BTC by 2020 and do the math yourself. Less than 0.1 BTC per year * number of years you expect to live.
2445  Bitcoin / Bitcoin Discussion / Re: Hack generator dude must be a kid on: August 03, 2014, 02:27:35 PM
A kid or just your typical loser amateur scammer. You'll never stop them. They'll get worse and worse.
This one speaks wisely.

Folks, for many english-speaking people, this is the worst economy since the great depression. And the prisons are full to overflowing, the courts backed up for years in many places.

Lots of folks are out of work, desperate, with nothing left to lose. Scamming will continue to intensify as America and other first world nations slowly slip into third-world status over the course of the next two decades.
2446  Bitcoin / Bitcoin Discussion / Re: How would you store >100 Bitcoins? on: August 03, 2014, 02:19:45 PM
~80% in 1 brain wallet, ~10-20 btc in Coinbase/Armory or similar trusted 3rd party.

I also read someone keeps a ton of paper wallets, each with 1 or 2 BTC, I liked that too but only if you have a TRULY safe and secure place to store them.

Remember, the safest protection for your wealth is nobody knowing about it.
2447  Bitcoin / Hardware wallets / Re: Safer Cold Storage: Trezor vs. Armory ?? on: August 03, 2014, 01:07:03 AM
trezor works if you usb attach it to onine pc and, yep you guessed it. its not a standalone executable it talks to, but a browser plug-in...........

... boggles the mind what they spent the 2 years trying to achieve

simplistic view of what i can see so far, trezor like those bank accounts that require you to login via a keyfob.. yet the keyfob needs to be usb connected to the PC aswell
The poster I have quoted above does not understand how trezor works (and will work). Google is your friend.
2448  Bitcoin / Bitcoin Discussion / Re: ARGENTINA COULD BE THE 1ST COUNTRY USING BITCOIN AS OFFICIAL CURRENCY on: August 02, 2014, 03:14:22 PM
Their government would never do this, a large percentage of their people might though.

Related: Bitcoin in Argentina
Many will see it as an opportunity, but we all know governments and banks will always discourage its use until they find a way to benefit themselves.
Governments discourage a lot of things, pot smoking, prostitution, culture sharing (slandered by governments as "piracy"). Free-thinking people generally don't give a damn.

Any law prohibiting individuals from dealing in cryptocurrency is fundamentally an unenforceable joke.

Please, governments of the world, give us more reasons to laugh at you. We hardly need them, but they sure are fun.
2449  Bitcoin / Bitcoin Discussion / Re: ARGENTINA COULD BE THE 1ST COUNTRY USING BITCOIN AS OFFICIAL CURRENCY on: August 02, 2014, 03:06:34 PM
Their government would never do this, a large percentage of their people might though. As well as the people of Ecuador, Egypt, Pakistan, Venezuela, Belize, Cuba, Cyprus, Greece, Jamaica, and Ukraine

All nations facing bankruptcy and therefore devaluation of their national currency.

Related: Bitcoin in Argentina
2450  Bitcoin / Bitcoin Discussion / Re: IS BITCOIN A CIA PROJECT? on: August 02, 2014, 02:14:15 AM
Nope!

Source: If I told you I'd have to kill you.
2451  Bitcoin / Bitcoin Discussion / Re: do you think folk from argentina are going to.. on: August 01, 2014, 07:07:07 PM
A percentage of people at the top with the means to acquire Bitcoin certainly will.
You can exchange 10,000 pesos for BTC. Or 100 pesos. Or 10 pesos. Or 1 peso.

Anyone can do it, you don't have to be rich. Yet another anti-Bitcoin myth / FUD.
2452  Bitcoin / Bitcoin Discussion / Re: Why Anonymity so important to you? on: August 01, 2014, 05:25:12 PM
"When the government is restrained, the people are free. When the government is free, the people are enslaved."
-Stefan Molyneux

Liberty is why anonymity is important to me.

Imagine criminals being able to track all your transactions and identify you. That's scarier than having the NSA tracking your transactions.
The fact that you fear the word "criminal" more than you fear unconstitutional state monitoring agencies is a sign of the success of state propaganda.

The NSA is a criminal organization. It has no legitimacy whatsoever, much like the Federal Reserve.
2453  Bitcoin / Bitcoin Discussion / Re: PayPal Hosts Packed ‘Introduction to Bitcoin’ Event on: August 01, 2014, 05:21:33 PM
If when paypal integrates bitcoin it will be HUGE.
That's a good point, Paypal is faced with an adapt or die situation here. They WILL adapt, the only question is when.
2454  Economy / Speculation / Re: $500,000 per Bitcoin, baby. The math behind it. on: August 01, 2014, 05:18:57 PM
Who knew that Bitcoin would be where it is today.
People smarter than you, mostly.  Grin

The lottery is a tax for people who are bad at math and pattern recognition.

Bitcoin is a gift to people with exceptional pattern recognition skills. If only you had met me in 2011, I would've explained this reality to you.
2455  Bitcoin / Bitcoin Discussion / Re: PayPal Hosts Packed ‘Introduction to Bitcoin’ Event on: August 01, 2014, 05:14:50 PM
Bitcoin is growing faster than the internet was in 1995. Should really be all anyone needs to hear...



He also announced that Plug and Play is offering bitcoin startups $25,000 in funding, office space and mentorship for interested entrepreneurs.
2456  Bitcoin / Bitcoin Discussion / Re: do you think folk from argentina are going to.. on: August 01, 2014, 05:04:25 PM
Bitcoin is a lifeboat.

The smartest and most tech savvy among them will. The rest are sadly fucked. Same as in any nation, none will be spared in the coming reality check.

The hard truth is that not everyone has the presence of mind to jump off the Titanic before it has begun to sink. Most of the brainwashed masses will start swimming for their lives only once the water (hyper/inflation) reaches their necks. Some will simply drown clinging to their worthless fiat.

Go watch a herd of bison flee from some attacking predator. You will notice there are those in the front, and those in the back. The laggards get eaten. Similar deal here, (un)natural selection. It ain't pretty, but neither life nor capitalism ever were.
2457  Bitcoin / Bitcoin Discussion / Re: This is Decentralized power! Facebook down while bitcoin up strong! on: August 01, 2014, 05:01:13 PM
yes, bitcoin is raising from $12xx to $600, yeah! to da moon!
Someone didn't read the OP... "down" as in "downtime" not "down" as in "price fluctuations"
2458  Bitcoin / Bitcoin Discussion / Re: The dangers of USB pendisks. An alert to all bitcoiners and geeks on: August 01, 2014, 04:58:26 PM
Technology is almost advancing too quickly for our own good.  If you really think about it, the amount of technological advances in the last 20 years alone, is probably more than the past 100 years combined...
The nuke was really the epitome of this truth. What will the next super-weapon be? What will the world look like in the post-atomic era, if we don't find a way to stop governing our world with violence and start governing it with reason?

The BTC in my brain is for long term storage. By the time I need to spend it, there will be wearable tech that detects my unique heartbeat (we all have unique heartbeats) to secure my transactions.

Oh no! your wearable tech contains a backdoor that transmits your heartbeat data to an attacker each time your heart beats. Bye bye BTC...  Grin
Hmm, that's actually a fair point, and scary thought. Fine then, 1 brain wallet -> 50 paper wallets.
2459  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs. War: Can Bitcoin Reduce Wars? on: August 01, 2014, 04:27:49 PM
It's never going to happen. Humans, by nature, fight for stuff they want regardless of whether they deserve it or not. It's just going to stay like that. "War never changes."
In this thread: People who don't know jack shit about human nature giving advice to the rest of us in the form of videogame quotes.

Try reading a book for once.
2460  Economy / Speculation / Re: $500,000 per Bitcoin, baby. The math behind it. on: August 01, 2014, 02:44:35 PM
Visual Aid:

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