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.
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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!
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Thinking realistically, no more than $2000 and no less than $500.
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Germany, holland, some of the Scandinavian nations
They all are in the EU, too risky IMHO.
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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!
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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
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Any EU country is NOT safe!
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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#msg4441504There 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.
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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! 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!
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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.
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I have just remembered about interesting stance Kazakhstan's Central bank took about Bitcoin. 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.
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My outcome is the only possible one.
What is your outcome? I cannot find any your messages in this thread!
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I look any number below $500 underpiced and would buy coins if have spare funds.
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I hope new Peerbet's owner will add vouchers to Daily Bitcoins soon.
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I hope new Peerbet's owner will add vouchers to Daily Bitcoins soon.
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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?!
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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.
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Don't worry - in Russia laws usually being simply ignored!
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