so you at least either have strange odor, racist views or little knowledge. let's make a poll.  |
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Yap, my words.
Economics is the science of managing and householding scarcity.
When there is abundance, economic terms become meaningless.
Though you could still say that it's communism if robots and machines are owned collectively (in a bad case, the state), and capitalism if they are owned individually as one's property.
I prefer the latter though (whereas TVP/TZM/RBE would tend to the first).
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lölz, da hab ich nu den termin hochamtlich festgelegt und nun bin ich der, der absagen muss.  is halt was von der arbeit aus dazwischengekommen. wenn was zamgeht, wünsch ich viel spaß euch. |
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storms are sideways  |
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I'm also afraid that if Bitcoin fails, the whole concept of decentralized crypto-currency might fail, probably like forever. Some say the cat is out of the bag, and you can't kill an idea, but I'm afraid it's not so easy. The ecosystem and infrastructure around Bitcoin grew slowly, steadily and organically, making its value grow organically as well with people treating it as a scarce commodity. But if Bitcoin dies tomorrow, every man and their dog will announce a new currency/blockchain, so it's difficult to imagine that the community would agree on just one or a few again. With lots of parallel currencies, there'll be a hyper-inflation of what is at the end of the day merely hashed digital numbers. Without over-all limitation they will have no (or very low and extremely fluctuating) value, thus making the use as a money impossible. About Amazon and Google, yes they will probably come up with their own credit systems one day, but they will most probably be based on central transaction databases. Doesn't make sense for Google to rip off a decentralized system like Bitcoin (although they did that with Diaspora  ). |
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nitpicker  |
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yap but i'm not sure if bitcoin can work as a physical money. if there are more issuers than casascius, you'd have to trust them all. maybe possible when long-established banks jump in. ain't gonna happen i'm afraid though  |
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I'm wondering: Are these hits coming from the Good Wife viewership, OR perhaps bitcoin nerds getting all excited in anticipation? I also visited that page yesterday. (For the first time in a good while.) yap that's what i wanted to hint at |
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sry folks, it was me.  a review of the episode linked to the wiki entry, and i clicked on it. |
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Probably because Facebook and whatever the equivalent of FactSwim is are trademarked, and can't be used without corporate authorization and all that BS. No one owns a trademark on "Bitcoin", and let's hope it stays that way!
+1 in the same vein they use the word of the actual "internet" and not something like "interweb" or "worldnet". |
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right, for all you skeptards, astrology is kinda like, cosmic elliott waves ffs  |
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The best tools are out of your way, non-intrusive, invisible and "just work".
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Unfortunately the heart of man is evil above all things.
I never knew that! You learn something new every day. Search your feelings, you know it to be true. Locke: Man at large is by nature good, it's the state which is patronizing, spoiling and intimidating them and making them bad. Hobbes: Man by nature is a beast, we need the state to tame them. Locke vs Hobbes@OP: It's not recommendable to introduce centralization into Bitcoin, that's not what it's made for. However, Bitcoin can help to free the concept of money out of the control of states and central banks, which would allow fair competition of currency, which would probably end recessions and many of the problems we have today, increasing people's independence and prosperity and standards of living immensely. Thus this may free resources to offer independent and ingenious help to third world countries, which should consist of helping them become really self-sustaining, instead of making them dependent on global corporocracy like Monsanto which is unfortunately the way things are happening today. |
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ok, you can look, but don't touch
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lol wtf 30 cents???
yeap mtgox is not bitcoin!!!1!11 there is not only one exchange rate in the world for bitcoin! I also noticed in other context (e.g. social networking and diaspora) that there are many people who cannot really grasp the concept of decentralization. Evolution still has some work to do. |
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Lietaer failed in connecting the dots between local currencies and complementary currencies.
It seems that bitcoin fits in the "think global" of the now famous "think global, act local" motto.
Local currencies are an expression of local initiatives but they lacked a resilient technology implementation before the inception of bitcoin.
There is a slide at 21:50 in your video that shows "Matrifocal Societies" and "Dual Currency Systems: Patriarchical one for long distance trading, different type of currency (bottom up) for local exchanges". The patriarchical one can be Bitcoin, and the bottom up would be local trading schemes based on trust. I agree and that is exactly what I intend to say with the overview as well. I do not necessarily agree with you that these local currencies have to be based on and backed by Bitcoin. |
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what makes me angry about the "notable comment" is that things like this have already happened, god knows how many times, last time when they introduced the FED.
I posted this here in this section with the sensationalist title "Death of Bitcoin?" because I do have hope that this time, there is more incentive for a more active resistance.
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Here Comes the National Internet
It's happening in Iran and the U.S. is only a few steps behind.
I first heard about the concept of a national Internet over a decade ago while visiting the offices of the Internet Corporation for Assigned Names and Numbers (ICANN) and discussing threats to the Internet. It was apparent then and it is apparent now that most countries, including the U.S., will eventually shut down the "World Wide" Web and instead use the technologies developed by the Internet community to cocoon itself. It solves endless political problems with the Web that plague almost every country.
[...]
--- http://www.pcmag.com/article2/0,2817,2398527,00.aspThey're getting desperate aren't they. Notable comment: This reminds me of a theory I bolted together around 20 years ago.
That for protocols like this to become endemic, it takes around 75 years to become completely pervasive in the mindset of the affected society.
The First generation don't want or appreciate any overwhelming need for radical change and resist - even if only in a passive way.
Second generation it's all they've known as a lifestyle option, but remember their parents reminiscing about their past freedom or the 'good old days'. Minor pockets of resistance easily averted to support the 'greater good'.
The Third generation are amost completely dissociated from the 'old' concepts - and as such, only know what the status-quo is. Sheeple and compliance. 75 years from hero to zero.
* herzmeister is angry |
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