I will spend mine if I have no other currency on my hands to spend.

Riiiiiight, is that why they say this?:

The history is irrelevant.

We had oh so many huge wars in our history and yet, we know today, after the atomic bomb, we are not going to have another world war ever again, because if we are, it's going to be the last one. Technology changed used forever on that issue. Once every place on earth has a few nuclear missiles to defend themselves meaning a deterrent, who the fk is going to attack anyone anymore?

Same goes for individuals. Your body strength and physic used to be pivotal for you to able to defend yourself against one stronger or multiple attackers. More and more sophisticated weapons have eliminated that requirement. And as these weapons become cheaper and cheaper and more available they'll pose the same deterrent functionality as nuclear weapons do on the national scale. Once every single person has a gun and a machine gun, who's going to try and and kill anyone? I know! Only crazy people and suiciders, which is far less violence than we have today and there will be no more state, no more oppression, no more coercion.

History is irrelevant because technology we'll introduce such strong deterrents that using violence will guarantee death for the perpetrator and no one will use violence anymore.

I'm fascinated how people so easily make bullshit bogus statements like this probably merely repeating something they heard or read somewhere from someone else. How the fk do you know what a deflationary currency encourages? Did you do an experiment to confirm your hypothesis? And if not, why the pretense this is a fact of reality. Pisses me off.

In the history of this planet we haven't had a deflationary currency. And I'm referring to the currency supply deflation not the aftereffect of price deflation. Even fking gold is inflationary. And you little fart want to pretend and make statements of how the reality really works and what kind of currency would be best??!

Precisely, except under this type of an inflationary system ALL the savers benefit, while under a fiat currency central bank's inflation those who get the new money first(government, government contractors, big banks and big crops) benefit and the small savers get punished. This is THE problem humanity has today.

I guess I misunderstood your post. I thought you were making excuses for why the state is powerless with regards to preventing corporatism.

I'm sorry, but that's a part of the cost of running an honest business.

But consider this. You'd have the very first exchange with this type of almost complete transparency. I'm highly confident you'd get a pretty big share of the market very fast and could cover these costs in no time.

Such a childish worldview..

If there wasn't any power to be auctioned off there would not be any auctions to be held.

You forget that without the state, a mafia run by thugs with guns is just that, a gang of thugs with guns. Now people like yourself are brainwashed into believing that the state somehow has a higher legitimacy, they are brainwashed into believing that laws are more than merely these mafia's says so as an excuse to plunder and kidnap people and they are brainwashed into believing they somehow need these thugs with guns for protection because of the possibility of facing the exact same type of crimes that they are guaranteed to face under their rule.

When it's clear to everyone that it's just a mafia run by thugs with guns, people would put an end to them rather quickly. So no. I don't believe that if there was no state rich people could force their will on the rest of us in another manner because people would see straight through it and resist.

You need to rethink your positions on these two points because out of all the points I listed these two speak the most to your credibility. If you show you actually made a sizable commitment of your own capital people will have more reasons to trust you and support you. And you can verify your books by getting a reputable 3rd party auditor to audit your figures and verify them for us to see. Same goes for your profits. If we, the users, can see that your business is doing good, that your digging yourself out of the investment hole and have all the incentives to keep your business running (why kill the goose that lays the golden eggs, right?) we will have even more confidence in your business and your credibility.

My point is if you do your best to be as transparent as your security allows it, it can only benefit your reputation and your client base and ultimately your success.

What could they possibly gain?

Hey Fireball, I want to give you the same suggestion as I gave to cryptoxchange:

Seems to me this picture is a bit bearish short term judging by the resistance curve's slope

from Mr. SR himself:

No. You first need understand how those banking moguls came about and what enabled their plundering. And if you ask the right questions you'll learn that the fact is that without government regulations, a centrally planed monetary system by the central bank and without legislated fractional reserve lending and FDIC insured baking they would have never ever gotten what they have.

With bitcoin it can't be centrally planed, no one controls it and the rules under which it was born virtually can't be changed.

To answer your question, no, we're most definitely not just another hypocrite.

It's irrelevant when it comes to facts. And fact is, we haven't had a free market.

Having the government regulate the market, protecting big corporations from competition and the central bank run a centralized monetary policy favoring the government contractors and the super rich financial corporations and having banks blow up bubbles with fractional reserve banking while being "too big to fail" and FDIC insured is not the free market you stupid imbecile.

The world hasn't had a true pure capitalism yet. And the closest we got ended in 1913 with the FED. Ever since then the world has nothing else but socialism, corporatism and some version of fascism even to this very day. If you don't know this, you have no idea about the reality of the situation.

I recommend skipping this controlled opposite propaganda BS movie.

The movie only pretends to really reveal the true cause of this mess we're in but ignores the most crucial players - FED + government regulations - and, and this is the worse part, they present a non/false solution.


If you want to know what really happened just watch this: http://www.youtube.com/watch?v=EgMclXX5msc

EDIT: oh wait, I already said this in this thread. Oh well, I guess it can't hurt repeating myself 

God damn Gawker at it again. 

http://gawker.com/5879924/now-you-can-buy-guns-on-the-online-underground-marketplace

No wonder SR went down in the middle of me checking out what's new.. 

Says who? It's your business isn't it? I can't see how keeping your books as open and as transparent as possible would be something you "can't" disclose and would hurt you in any way unless you are running a bad/shady business of course.

You were asking for suggestions! Transparency is one key area you could really truly set yourselves apart from the rest of the field and I bet you'd get at least 15% of mtgox's traffic in a heartbeat if you followed my advice. Personally I'm there only because of the liquidity but I downright despise their transparency policies and am just yearning for an exchange that wouldn't try to hide anything and I know I'm not the only one.

So please do strongly consider this, it can only do you good.