Nobody wants a poverty coin, we want money to get rich.  |
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The power to tax is the power to destroy. I think income tax and property tax are just wrong. What do you think?
Without taxes city and country will not stay alieve in this case. I'd love this. No more armies, no more NSA to spy on everything we say and write, no obligation to wear a seat belt if you drive or a helmet if you ride... Freedom. A more dangerous world for sure, but a world for men and not sheep. A world for responsible men and women, and not for puppet citizens sometimes asked to choose between established leaders. You sir are living in a bubble. I hope it get's bursted in time for your 15th birthday. "A world for men and not for sheep". How bout the laws to protect children, who evidently are not 'grown men' yet? You seem to have some ridiculous freedom obsession, to a degree where you feel robbed of your freedom if you have to use your seatbelt? Grow up. In Africa, I've seen children aged 10 working 12 hours a day. They have no parents (they're dead), no laws and no state to protect them, so the only choice they have is between working or dying. Welcome to my world, which is actually better than most of what Europeans know because it makes more responsible adults. That's the real drama in developed countries: all the tax money is now used to shape people's minds. The governement is responsible for everything, and people are only doing what it says. Drivers fasten their seat belts not to protect them, but to avoid getting a fine. Now let's guess what will happen when the government crashes down? Greece is leading, and we'll see other countries follow its path. Men will be freed, but those who have never experienced freedom will be lost. |
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Interesting idea and the code looks nice. Hope you'll get many donations!  |
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It won't be the country choosing BTC but the people, because the official currency is simply "untrustable".
I'm afraid the government will do all it can to stop the rise of BTC, like making exchanges illegal. It's a matter of honor as the success of BTC could only highlight the failure of all politicians, and Mrs Kirschner would not like that.
Argentina needs much more than a currency change, Argentina most likely needs a revolution.
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The power to tax is the power to destroy. I think income tax and property tax are just wrong. What do you think?
Without taxes city and country will not stay alieve in this case. I'd love this. No more armies, no more NSA to spy on everything we say and write, no obligation to wear a seat belt if you drive or a helmet if you ride... Freedom. A more dangerous world for sure, but a world for men and not sheep. A world for responsible men and women, and not for puppet citizens sometimes asked to choose between established leaders. |
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Who will pay for this?
Sorry for asking, but the cost of launching a network of satellites all over the planet is probably in billions.
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I think in most countries, buying a property with BTC would be illegal. The price of the transaction is used for tax purposes, and it must be in the country's official currency. An American can buy a house in Europe or Japan, but the transaction will have to be in euros or yens, not $.
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Old news.
Internet governance has always been US-centric. Don't see how it could change.
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Easy, an honest economy is one without a state acting like the mafia, taking a cut of all transactions. An honest economy would also probably require a single currency, and no transactions done outside of this currency. I find it shocking that besides salaries, the larger companies point out the advantages they give to their employees (extra comprehensive medical insurance, company car...), and the smaller businesses just cannot compete with that.
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Confirmed txid can be relied on for accounting purposes.
How do you get from an unconfirmed transaction id to a confirmed one? You don't, you just freeze till the first transaction is confirmed. Banks work like this. If you want to cash a check, they will be check it first. |
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You know what, I'm out of this thread.
I see now some people have no problem with returning to societies where those unable to fend for themselves are left to die in the streets.
Fortunately I believe these people are in the minority.
Good luck with your infantile libertarian wankfest.
Sorry to correct you, but you don't know the world you're living in. We are the majority.In India and on most of Africa, there are thousands dying in the streets everyday. According to the U.N. there are 842 million people who do not have enough to eat. I know many people are just dreamers, and the news only confirm this: the U.S. House just once again raised the debt limit. I'm proud to say I'm standing on my two feet while you're sitting on hot air. How exactly does people starving by the millions equate in any way to them agreeing with you? It's not what I meant. My point is a reaction to the idea that income tax makes the world a nice place where's everybody's safe and happy. This is not the case. There are very heavy taxes in Spain, France, Greece and all those countries have huge and growing debt. And more than one billion people live with less than $2 a day. So I guess it was worth trying the idea of an income tax, but it just doesn't work. It may have been good for a while, but in the long term, it's simply not sustainable, and the world will get back to what it was before income tax was invented. I'm ready for it. |
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You guys should have wondered where I got the idea. It's easy, I looked at the stock market. NASDAQ or NYSE and I believe in every market, there are suspensions, trading halts or trading curbs, and everything just stops for a while. This is common, it happens often.
I understand it can't be with BTC where there isn't a regulator, but we shall not fear, nor be surprised if at times, there are things we do not understand, or that things are causing reactions we hadn't expected, so much that the safest thing to do may be to stop everyhting.
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The banks may do that, but today's BTC holders won't touch it. It's one of BTC greatest asset that it's not part of the global financial system, and that it doesn't have any link with any bank. A crypto-currency built by banks? Only banks will use it.
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You know what, I'm out of this thread.
I see now some people have no problem with returning to societies where those unable to fend for themselves are left to die in the streets.
Fortunately I believe these people are in the minority.
Good luck with your infantile libertarian wankfest.
Sorry to correct you, but you don't know the world you're living in. We are the majority. In India and on most of Africa, there are thousands dying in the streets everyday. According to the U.N. there are 842 million people who do not have enough to eat. I know many people are just dreamers, and the news only confirm this: the U.S. House just once again raised the debt limit. I'm proud to say I'm standing on my two feet while you're sitting on hot air. |
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I may be fortunate, my living doesn't depend on BTC. I don't use BTC everyday, and I don't need the BTC I keep on my wallet, on my home computer (not the one I'm using now). BTC is going through hard times right now, I will not move, and I suggest everyone in the same situation as I am to stay put.
It's panic that's causing today's price fall. People are always overreacting.
I'll probably wait till the malleability issue is resolved. It's fine with me if it takes 2 months.
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What could be at fault too, is that many people have misunderstood the role of exchanges. They're not banks. Nobody should leave its BTC there. People should buy BTC through an exchange and once the transaction is done, they should move away, sending immediately their BTC to their own wallet in their home computer.
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[...]
I say you can choose yours, if you let me choose mine. Tolerant.
You say my way won't work. And that it's morally wrong. No-one should be allowed to choose this way. Pretty intolerant.
[...]
But you live within a society, the choice isn't yours alone. Further, those who would benefit most from some form of social safety-net as you put it, are usually those who have the most difficulty making their needs heard. The idea of giving people more responsibility is quite popular, so it's not just me and the others here. Why not empower the socially dependent in society to be able to live in a way with the minimum of help? This is a very common thing you hear from people with physical disabilities; they value the freedom to be able to live as independent a life as they can. I'm friends with somebody who is disabled. I met him because we both worked at the same place. In one sense you are correct: I am 100% sure that he values his ability to make his own way and work as a capable employee of the company. In another sense I think you do not see how much "dependent members of society" *need* help. He has an apartment that is provided by the government at a reduced rate, with all of the extra accessibility to support his disability (he's in a wheelchair). I am almost certain that without help from the state, even with his decent job's salary he would not be able to afford the apartment. Without the "safety net" -- which in millions of cases is not a complete safety net, but a helping hand to ensure people have a decent standard of living because DESPITE the fact they can work, they still cannot afford that standard of living -- he would not have this opportunity. You talk a lot about how we shouldn't be able to impose our beliefs on others. But we have this system in place *right now*. If you had your way, you would *take this away* from my friend. Are you OK with this? Yes, I would be very comfortable with this, because I'm not entitled to what your friend has. I've burned my social security card in 1991, and I have no healthcare in the country I'm currently staying. Most people living in rich countries can't imagine it, but billions of men, women and children in Asia and Africa live without healthcare paid for by the government, and there's nothing wrong with that. What's wrong is the culture of entitlement that so many have in rich countries. People believing that they belong to a superior species and that there should an even superior entity, the state, which will provide for all their basic needs and well-being. That superior entity, your country, it's an invention, and it doesn't work. It's failing everywhere, without rising deficits in every country. There are more and more people on benefits and pensioners and less and less people to pay for them, so this whole redistribution system is doomed, and I'm happy not to be a part of it. |
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Would you invest in that pipeline's building?
Are you talking about the Juba-Lamu pipeline? The one which will transport South Sudan's oil to Kenya? No. My comment was general, not related to any particular pipeline. |
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There are two different subjects here.
One is about the power of media, which isn't only over BTC but also over elections and thousands of issues, and the second is about Apple versus BTC.
BTC has survived the silk road crash, and it will survive that sad affair with Apple. Back to the media, it's a sad fact that recent news, like the MtGox failure aren't positive news. I guess we just need more success-stories. It's a bit the ratings on politicians. Some months they're down, then they're up.
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Unregulated markets are the norm, and regulated markets are the exception.
I like old cars, and I own several. Their prices are totally unregulated, but the market commands that some cars which you could have bought for less than $5,000 ten years ago, now cost more than $10,000. I also collect old stones. Some people view my collection as totally worthless, but some other say it's priceless. This is how thing at my personal level, but the real big markets are no more regulated.
The price of oil is probably the thing which affects the most people, and its market is totally unregulated. Anyone here to guess what will be the price of gas next year? Next month? Nobody knows and that's fine. You just need to learn how to be comfortable in a world where's nothing safe. Note that the climate too, is unregulated.
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