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301  Economy / Economics / Re: Technological unemployment is (almost) here on: February 26, 2014, 01:07:02 AM
Whoever controls what each member of the public is able to receive, owns the capital. Be it a capitalist person, or an RBE computer system.
But redistribution is completely different - in capitalist system unemployed will get nothing but in RBE equal share of the products made by publicly-owned automated factories.
302  Economy / Speculation / MtGox closure will boost BTC price rise in the long term on: February 25, 2014, 04:26:54 PM
I remember when Silk Road was closed BTC price plummeted sharply but then restored quickly and started new growth cycle. This time might be the same.
MtGox generated mostly negative news background so damaged Bitcoin reputation, therefore I think now BTC price will be freed from this deterrent factor and can reach new all-time high soon!
303  Economy / Speculation / Re: Price at end of 2014? on: February 25, 2014, 04:06:39 PM
Thinking realistically, no more than $2000 and no less than $500.
304  Bitcoin / Press / [2014-02-25] Playboy started accepting Bitcoin on: February 25, 2014, 12:41:43 AM
Playboy Plus, a Playboy Brand Website, is Now Accepting Bitcoin.

http://www.coindesk.com/playboy-plus-accepting-bitcoin-payments/
305  Economy / Economics / Re: Which country do you think has the strongest property protection rights? on: February 24, 2014, 12:57:16 AM
Germany, holland, some of the Scandinavian nations
They all are in the EU, too risky IMHO.
306  Economy / Economics / Re: Technological unemployment is (almost) here on: February 22, 2014, 04:22:33 AM
RBE is just free market capitalism, but with votes instead of money as a demand signal.
In RBE all means of production are public property so there are no capital owners at all (in fact, entire population of the community owns equal share of the economy). Difficult to call it the capitalism!
307  Other / Politics & Society / Re: ARGENTINA - THE 1ST COUNTRY WITH A BITCOIN BASED ECONOMY? on: February 22, 2014, 01:43:42 AM
Using Localbitcoins. Due to the incredibly high crime (thanks to the fucking narco-government) not too many are willing to risk their lives in a meeting with a stranger.
What crime risk can be if you meet in the public place in daytime?! The only one I can imagine is the stranger will be a cop Grin
308  Economy / Economics / Re: Which country do you think has the strongest property protection rights? on: February 22, 2014, 01:40:03 AM
Any EU country is NOT safe!
309  Economy / Economics / Re: Technological unemployment is (almost) here on: February 21, 2014, 09:12:58 PM
I just love the way there are totally not a single data based on actual statistics in first post.
I have posted a lot of statistics in this thread, e.g.
https://bitcointalk.org/index.php?topic=318001.msg4441504#msg4441504

There is rather big difference between machine that speed up producing certain product but still need human to control/maintain/upgrade/program/clean/fix and machine that would do everything for us.
The TU problem will start emerging far earlier than full automation be achieved. Many economists agree that some tipping point exists, after which number of jobs created by technological change will be less than jobs eliminated (more simplified - you need just 10 workers to develop/manufacture/fix robot which replaces 1000 jobs). Studying various stats, I could presume that this point was already passed in about year 2000, so in the long run real income for median worker will continuously fall and public anger rise.
310  Economy / Economics / Re: Technological unemployment is (almost) here on: February 21, 2014, 05:06:22 PM
I give you the best solution ever!
Let's kill most of the people (like the OP says "useless") on the planet!
I think anti-capitalist fighters will put you on the top of enemy list who deserve to be shot!  Grin

We need an RBE (resource based economy). Is this or death. Cryptocurrencies may be a good transition, but they ultimately solve nothing.
Absolutely agree! NONE of the free-market/capitalist solutions able to solve coming problem!
311  Economy / Economics / Re: Technological unemployment is (almost) here on: February 20, 2014, 03:28:21 PM
Future generic robots cannot compete with specific machines used for automating the production. Generic robots are slow and expensive. If your highly automated factory does not deliver what the market needs, you are broke (e.g. saturated market). Such machines cannot be easily adapted to perform a different production. In any case, creating new machines or adapting the existing ones, you have a plenty of human work to do.
Nevertheless, generic robots will work faster than human workers and cost less than their wages.
312  Economy / Economics / Re: Technological unemployment is (almost) here on: February 19, 2014, 04:32:24 AM
I have just remembered about interesting stance Kazakhstan's Central bank took about Bitcoin.
Quote
Dalenov has also stated that should bitcoin adoption increase, there would not be any work for bankers, suggesting that the move has more to do with job protection in the country than bitcoin’s violation of any existing laws.

http://www.coindesk.com/kazakhstans-central-bank-ban-bitcoin-protect-bankers/
In some way it is true that Bitcoin can eliminate enormous army of useless banksters and some of them behave right as Luddites in the past.
313  Economy / Economics / Re: Technological unemployment is (almost) here on: February 18, 2014, 03:17:33 PM
My outcome is the only possible one.
What is your outcome? I cannot find any your messages in this thread!
314  Economy / Speculation / Re: BTC has been overpriced all along? Will stabilize around 200-400? on: February 16, 2014, 11:53:13 PM
I look any number below $500 underpiced and would buy coins if have spare funds.
315  Economy / Service Announcements / Re: [Dailybitcoins.org] Bitcoin faucet, sponsored by ads on: February 16, 2014, 10:06:44 PM
I hope new Peerbet's owner will add vouchers to Daily Bitcoins soon.
316  Economy / Gambling / Re: Peerbet.org/PeerDice.org *INVEST* 0.3% House Edge! Multiplayer Dice! BTC & Alts! on: February 16, 2014, 10:06:08 PM
I hope new Peerbet's owner will add vouchers to Daily Bitcoins soon.
317  Economy / Economics / Re: Technological unemployment is (almost) here on: February 13, 2014, 04:42:10 AM
Or are you just assuming that capital owners would be suspicious that somehow they're getting robbed, if a lot of other people are suddenly better off?
Corporations like Apple and Google have tons of cash in savings but nevertheless dodge paying taxes even at the current tiny rates.
Do you really think capitalists will suddenly start sharing profits voluntary?!
318  Economy / Speculation / If Bitcoin would be a company on: February 10, 2014, 10:19:52 PM
Just think Bitcoin would be a tech startup which issues shares (1 BTC = 1 share). Current market cap ~$10B is just a pittance comparing to the other tech corporations (Apple, Microsoft, Intel, IBM) and its growth potential is at least up to 100 billion IMHO.
319  Economy / Economics / Re: Russian BANS BITCOIN on: February 10, 2014, 08:31:05 PM
Don't worry - in Russia laws usually being simply ignored! Wink
320  Economy / Micro Earnings / Re: Legit bitcoin faucets sites on: February 10, 2014, 03:38:05 PM
Try Daily Bitcoins!
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