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Could they be your mining payouts?
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Bitcoin wont change anything. It's shit.
Are you paid to do this shit? Or do you truly have no life? |
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discussing the nature of reality on a bitcoin forum probably isnt the best use of my time.
How can you be so sure when you don't understand the true nature of reality? speak for yourself. eh...? it was a question. I don't understand your response. |
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Isn't it about time you guys get off the grandiose idea circlejerk and get to work actually making this dream come true?
"Grandiose idea circlejerks" are what gave birth to bitcoin. Don't stifle intellectual discourse, offer something constructive. |
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discussing the nature of reality on a bitcoin forum probably isnt the best use of my time.
How can you be so sure when you don't understand the true nature of reality? |
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Basically, markets will be freer (much government meddling becomes impossible), resulting in greater economic growth, innovation, technology, quality of life, etc.
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Hey, good argument! My turn...
The USD is finished; nobody wants to hold a hot potato. Controlled inflation is a bad thing, not a good thing.
I puzzles me how so many people can make baseless assertions, while being so derogatory and self righteous.
The difference is that my "baseless" assertions actually match reality. You and your "OMG the USD is dooooomed!!!" brethren are just spreading FUD based on wishful thinking and a fundamental misunderstanding of basic economics. And probably more than a little greed, as I'm guessing many of you bought gold at absurdly high prices in anticipation of a collapse that's never coming. Once again, no argument: "your wrong, just because." You just keep holding on to those $. |
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I cannot see how anyone is going to be able to stop this. One idea off the top of my head: Second hacking of Mt. Gox causes massive loss of confidence in Bitcoin, general sell-off. Last few holdouts cling to currency in belief it will recover, but essentially lose their investment. Becomes a curious footnote in history along with Virtual Boy. Another: Take-up by retailers too slow, people get fed up holding on to their Bitcoins waiting for them to be more valuable, mass sell-off. A third: Fundamental weakness found in entropic source used for RSA key generation in the default client, private keys turn out to be discoverable in useful time, entire system crumbles. I can probably come up with more. A lapse in confidence won't stop bitcoin; It's not a fad, it's a new paradigm. Your argument would be comparable to saying that the automobile would never take off because there was some bad press about the Ford Model T being involved in an accident raising safety concerns. It's value may go down to $1, but it will go back up again for the same reason it's at $15 now; it's a valuable tool which frees us from a parasitic system and people desperately want to be free. This is the fundamental driver and it hasn't gone away. If all that was driving bitcoin up until now was a "spike in confidence" then sure, it would be as useless as Virtual Boy. You're treating bitcoin as if it was a fad, it's much more than that. I think that Corner intuitively understands this when he says "I cannot see how anyone is going to be able to stop this.", but could articulate it. If there was such a weakness in RSA, we would have bigger problems. Sure, if RSA was compromised or the internet was destroyed or there was a new world war then yeah, bitcoin would have trouble. |
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Would it be easy to subdivide the kml data into separate files based on regions? |
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I find some posters' patience with Atlas and willingness to reply with sane arguments to his dipshittery highly commendable. The Bitcoin forums are filled with ridiculous and paranoid arguments, and grand plans about destroying the status quo - this is really setting us back. No sane entrepeneur would take something backed by such a community seriously. We need more posters making sane - not strawman - arguments and standing up for them. Good thing Bitcoin is still in its infancy, hopefully the users will grow up along with it.
Best post I've ever read on this forum. We can't let this cause get hijacked by a bunch of delusional teenagers. ^^ +1 though I would finish the sentence with "living in mom's basement." You all like to bash Atlas for being 17, living at home, etc. but none have made convincing arguments against his points. IMO. Who is the child here? |
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Where's the content? I just get links to unrelated videos.
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There is no collective.
There is when a group of people decide they share a common interest and want to work together to achieve it, which they quite often do. A group of people never decide. Only an individual is capable of choice. And when several individuals decide on a common course ... they form a collective for a while. You can semantically narrow down the word collective until it never applies, yes ... but the social reality remains that humans do collaborate and sometimes even altruistically. Which is a good thing. Call those collaborations whatever you want. There's a difference between a collective by which all its components voluntarily choose to work together and one constructed by slavery and coercion. It seems most "collectivists" advocate collaboration by force and theft. Neither I nor the ~~~~~ guy ever implied anything about force. Actually, we both expressed our disdain for the extreme of both sides. I am no fascist or communist (both being collectivist in the extreme and forceful way). Besides, I didnt want to argue collectivism vs individualism. I just wanted to point out that flat out denying the existance of collectives was plain strange/false. If you define "the collective" as set of individuals with coincidental interests collaborating voluntarily, would you both agree that the collective exists? |
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bitcoins aside, just look around you. I know its hard to see with 99% of the world still accepting USD happily, but you need to look forward a little. That 15 trillion debt is not going away anywhere, everyone knows that the rate it is rising is only going up. Fact? If you need to pay 15 trill rising debt and *you* are the one who decides what the green cut paper is worth, what would be the next logical step for you? Lower the value, print more paper - but the world won't let you go all the way. So what other options? Default, but US is too big to do a Greece-style FU with no reasoning, so some catastrophic event that would crush dollar value to zero and issue a currency reform after that. I'm sorry, can you suggest other exits out of this situation? Realistic, disillusioned?
U.S. debt is only about 100% of 1 year's GDP. If the government was a person (it's not, and it shouldn't act like one), that's about the maximum amount a person should take out on a loan for a house. So, I don't think it's catastrophic, yet. But, it's getting up there. The government must raise revenue and cut spending sometime soon in the future. That's the only way it could get out of the hole (that, and lessen the trade deficit). I'm no economist, but I think the government could raise a lot of revenue by raising taxes on imports, since our economy is extremely import heavy. If that discourages import consumption, then the trade deficit and employment improves, raising revenues. A win-win situation? There are lots of ways the government can "get out of this hole", but they aren't likely to do any of them for exactly the same reason that they are in the hole. The bond market will probably collapse in the next few years. This means print print print! because politicians don't want to stop giving handouts in exchange for votes. I would be very surprised if the usd exists 10 years form now. |
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2) The dollar IS just paper, man. It's an important philosophical, economic, and moral issue. Expressing antagonism toward a monetary system which is inflated at whim at the expense of those who are coerced into holding it is a very reasonable position to take, IMO. Oh dear, I suspect you might be one of the nutter-butters I was referring to. Here, write this down: The USD isn't going anywhere. It's not 1895, you don't need to trade your greenbacks for shiny metal anymore. Controlled inflation is a good thing, not a bad thing. It's puzzling to me that so many people involved with a cutting-edge electronic currency project are so economically primitive. Hey, good argument! My turn... The USD is finished; nobody wants to hold a hot potato. Controlled inflation is a bad thing, not a good thing. I puzzles me how so many people can make baseless assertions, while being so derogatory and self righteous. |
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very impressed with the css styled buttons!
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What makes you think so?
Ok, sweetie, I'll break it down for you: If bitcoin reaches a steady $100/BTC, and people actually expect to use it as a transactional currency, then the nominal valuation of the exchange unit will need to be shifted over to facilitate trade comfortably. no it won't.
It's just very psychologically irritating to be dealing with tenths of something in normal daily transactions. "ALPACA SOCKS, ON SALE, ONLY .003 BTC" It's inane. Who cares. Your whole thread is inane. people will use BTC as they are currently denominated, just like Zimbabwe used 10,000,000,000 notes. It's not going to change just because of your quibbles. Get over it. And moving the decimal place is not the same as inflation. |
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1. It's still being used
2. It can be diluted. Bitcoin can't.
1. It's hardly being used, and rather insignificantly at that. 2. Decimating Bitcoin is no different than inflation or "dilution." Let me repeat that because it bears reiteration: Decimating Bitcoin is no different than inflation. Repeating a claim is not a sufficient substitute for a valid argument. I'm not even sure you know what "decimating" means. If my usage of "decimate" leads you to question my knowledge of its meaning I am absolutely certain you have no idea what it means. Still, you choose to answer to this rather than the previous posts which countered your argument. Although, you never actually made an argument. Why don't you tell us what decimating means, in your definition, so that we can be clear about your claim. It sounds to me like you're saying that if we move the decimal place one to the right, this is exactly the same as issuing 9*21million new bitcoins. Is this an accurate account of your meaning? |
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The people. Directly.
No ineffective democracy. No sleazy politicians.
Just the people and their desires.
umm what? Isn't that what Democracy is? No, democracy is mob rule (50% +1) that decides what objectives bureaucracies can fumble over, usually through the veil of a representative politician that is bought out by corporate interests. A free society let's people keep their tax money and decide directly what organizations and causes they want to support. Since they actually have a selection of services they can choose from, failing ones can actually truly fail since support can be denied as opposed to a state program that is left to the whims of whatever elected parasite. Can you provide an example where this has ever worked in the history of the world? USA, pre 1913. You know, industrial revolution and all that. |
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true. it's more of a "proof of concept" than a thought experiment.
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wouldn't it be great if someone came up with some device that solved all of the worlds problems?
I think we should focus on building such a device.
Discuss...
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