This is it. Bitcoin is about to take off. We we'll be the new elite. I am ready.
|
|
|
Yes. It is hard to spend your fiat money when it loses its purchasing power. With deflationary currency your savings gain more purchasing power and at somepoint you want to use your wealth.
|
|
|
Those citizens who are unsatisfied with how they are being represented should vote for people who represent their interests better or run for office themselves.
Our government is, as Lincoln stated, "of the people, by the people and for the people".
A democracy is nothing more than mob rule, where 51 percent of the people may take away the rights of the other 49.
|
|
|
What do you think? Would a beer named Greed sell?
Hell yes I think it would!
Honey, going down to the store? Pick up a six pack of Greed, will ya? We're going to have some fun.
I would buy it.
|
|
|
That site just totally fascinates me for some reason. It's just crazy that you can go on there and buy friggin' heroin just like you buy something from Amazon.com. Of course it fascinates you, because we have all been conditioned to believe that markets can only function with government oversight. Silk Road turns that silly notion up on its head. We have a living breathing example of a perfectly functional marketplace that is entirely based on voluntary exchange. Silk Road is the example of how all commerce should be !+1
|
|
|
The government is "the people" (or at least it is in the US).
No.
|
|
|
It's just crazy that you can go on there and buy friggin' heroin just like you buy something from Amazon.com.
When you put it like that it's pretty funny lol
|
|
|
What about netflix? I would love to pay them bitcoins
+1 Services like Netflix and Spotify could make so much money accepting Bitcoins. There is huge market of people that don't have credit cards. Students for example. Yet they are often the biggest user base of services like that.
|
|
|
Money is the barometer of a society's virtue. When you see that trading is done, not by consent, but by compulsion – when you see that in order to produce, you need to obtain permission from men who produce nothing – when you see that money is flowing to those who deal, not in goods, but in favors – when you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you – when you see corruption being rewarded and honesty becoming a self-sacrifice – you may know that your society is doomed. Money is so noble a medium that it does not compete with guns and it does not make terms with brutality. It will not permit a country to survive as half-property, half-loot.
Whenever destroyers appear among men, they start by destroying money, for money is men's protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values. Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it becomes, marked: 'Account overdrawn.
You stand in the midst of the greatest achievements of the greatest productive civilization and you wonder why it's crumbling around you, while you're damning its life-blood – money. You look upon money as the savages did before you, and you wonder why the jungle is creeping back to the edge of your cities. Throughout men's history, money was always seized by looters of one brand or another, but whose method remained the same: to seize wealth by force and to keep the producers bound, demeaned, defamed, deprived of honor. That phrase about the evil of money, which you mouth with such righteous recklessness, comes from a time when wealth was produced by the labor of slaves – slaves who repeated the motions once discovered by somebody's mind and left unimproved for centuries. So long as production was ruled by force, and wealth was obtained by conquest, there was little to conquer. Yet through all the centuries of stagnation and starvation, men exalted the looters, as aristocrats of the sword, as aristocrats of birth, as aristocrats of the bureau, and despised the producers, as slaves, as traders, as shopkeepers – as industrialists.
To the glory of mankind, there was, for the first and only time in history, a country of money – and I have no higher, more reverent tribute to pay to America, for this means: a country of reason, justice, freedom, production, achievement. For the first time, man's mind and money were set free, and there were no fortunes-by-conquest, but only fortunes-by-work, and instead of swordsmen and slaves, there appeared the real maker of wealth, the greatest worker, the highest type of human being – the self-made man – the American industrialist.
If you ask me to name the proudest distinction of Americans, I would choose – because it contains all the others – the fact that they were the people who created the phrase 'to make money'. No other language or nation had ever used these words before; men had always thought of wealth as a static quantity – to be seized, begged, inherited, shared, looted, or obtained as a favor. Americans were the first to understand that wealth has to be created. The words 'to make money' hold the essence of human morality.
Yet these were the words for which Americans were denounced by the rotted cultures of the looters' continents. Now the looters' credo has brought you to regard your proudest achievements as a hallmark of shame, your prosperity as guilt, your greatest men, the industrialists, as blackguards, and your magnificent factories as the product and property of muscular labor, the labor of whip-driven slaves, like the pyramids of Egypt. The rotter who simpers that he sees no difference between the power of the Bitcoin and the power of the whip, ought to learn the difference on his own hide – as, I think, he will.
Until and unless you discover that money is the root of all good, you ask for your own destruction. When money ceases to be the tool by which men deal with one another, then men become the tools of men. Blood, whips and guns – or Bitcoins. Take your choice. There is no other.
And your time is running out.
|
|
|
Voted and posted on Reddit. Let's do this!
|
|
|
Run for your life from any man who tells you that Bitcoin is evil. That sentence is the leper's bell of an approaching looter. So long as men live together on earth and need means to deal with one another – their only substitute, if they abandon money, is the muzzle of a gun.
|
|
|
Because Satoshi is a prime mover. Whoever he was, it's Bitcoin that moves the world and it's Bitcoin that will pull it throught.
Until and unless you discover that money is the root of all good, you ask for your own destruction. When money ceases to be the tool by which men deal with one another, then men become the tools of men. Blood, whips and guns – or Bitcoins. Take your choice – there is no other – and your time is running out.
|
|
|
I just read this from Bitcoinstarter.com:
"If the target amount is not reached within the time period allotted by the project creator, the entire amount raised will be returned to each individual pledger, in full, automatically."
So does anyone know whats the best way to do that kind of automatical payment return system?
The way they are doing it ? Well how are they doing it?
|
|
|
I just read this from Bitcoinstarter.com:
"If the target amount is not reached within the time period allotted by the project creator, the entire amount raised will be returned to each individual pledger, in full, automatically."
So does anyone know whats the best way to do that kind of automatical payment return system?
|
|
|
Lobbyists don't do what many people assume they do.
A good lobbyist does not work in ways that are outwardly immoral or illegal.
They are masters of explaining to congressmen how a certain situation is unfair. They appeal to a congressmen's idealism to sometimes persuade them to do the right thing. The argument is always framed so that the desired action is the right and fair thing to do. Through certain manipulations sometimes this system is abused, but the driving force of it remains idealism and not corruption. I hope the foundation is successful because there appears to be a lot of unfairness in government's handling of MtGox up until now.
You are kidding, right?
|
|
|
Can BitPay be used in crowdfunding sites sameway that PayPal or Amazon Payments? I mean so that BitPay would hold money so long that whole amount is raised and if it doesn't happen it would automatically refund all the money? Or that it would automatically take the comission to sites owner and pass rest to the people who raised that money?
If BitPay cannot yet do all that, what would be best way to integrate such functions?
|
|
|
|