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3221  Economy / Speculation / Re: Bitcoin will turn...... on: November 06, 2011, 03:48:13 PM

On another note, integration of Bitcoin functionality in Diaspora could boost both.

How? Leveraging attention economy?  Grin

I'm somewhat active on Diaspora, I'll share good proposals if someone has any.
3222  Bitcoin / Bitcoin Discussion / Re: When will a real BANK accept Bitcoin ? on: November 06, 2011, 03:41:19 PM
http://www.moneytrendsresearch.com/goldman-sachs-threatens-small-community-bank-for-banking-with-ows-protestors/  Shocked

Some of those small community banks will soon have to choose a side. Some will go the Bitcoin route. Lips sealed

3223  Bitcoin / Bitcoin Discussion / Re: Finally visited the SilkRoad on: November 04, 2011, 10:10:33 AM

Finally found a way , somehow i am so disappointed


sry  Embarrassed
3224  Economy / Economics / Re: A Resource Based Economy on: November 02, 2011, 11:19:00 AM
The Relationship of automation to unemployment article is quite thorough on wikipedia.

Even Keynes saw Technological Unemployment as an upcoming problem, but the prevailing opinion of economists on this today is that despite the concerns throughout the industrial and modern era it has always proven to be a myth, as new areas with new jobs kept opening up that had not been seen before.

However, among those wise academics it seems that Nobody expects the Technological SingularityShocked  Cheesy

Assuming there comes a time when there really can't be created any new jobs for humans, it's interesting to ponder if a free market would still hold up in such a society. It's possible that it will find its balance with working hours becoming less while income growing. Alternatively/additionally there could be stronger decentralization in any aspect of life, so that individuals or small groups/companies would actually own the machines that produce goods and services to generate the income for them (bitcoin mining anyone? Also for example instead of hosting internet clouds in vast data centers of a few large corporations, how about hosting clouds decentralized in encrypted containers on people's hard drives that are accessed through a failsafe, RAID-like functionality of redundancy across the networks?).
3225  Local / Deutsch (German) / Re: Wer möchte Casascius Coins in einem dt. Online-Shop bestellen? on: November 01, 2011, 10:29:47 PM
Ich wär auch dabei mit 1x 25 und 5x 1.
3226  Economy / Economics / Re: A Resource Based Economy on: November 01, 2011, 03:08:29 PM
You Zeitgeist movement / Futuristic RBE technology devotees can stop advocating now, seems you have already won: Timetravel to 2749 ( Montauk Project & Philadelphia Experiment ) Shocked  Cheesy
3227  Economy / Economics / Re: Underground economy set to overtake U.S. economy on: October 30, 2011, 06:02:52 PM
Very interesting. Wondering if Mafia- and protection-money-like structures do/will occur and how they will be counteracted.
3228  Other / Politics & Society / The One Percent on: October 30, 2011, 12:56:37 PM

http://www.youtube.com/watch?v=MCNKn7JirBU

Quote
North americans make up around 5% of the worlds population, and control 35% of the worlds net worth.

Infant mortality in Uganda is 1 in 5.

But this documentary isnt about any of that. Its just about maldistribution of wealth within an already opulent and overprivileged society.

Have a nice day.
"The film's title refers to the top one percent of Americans in terms of wealth, who controlled 38% of the nation's wealth in 2001."

Some random thoughts:

  • Milton Friedman came across like an asshole and cold reptile, as someone with a dark agenda and secrets he has to hide. Fair enough, he might have been confronted with left-ish hippies throughout his life and may be quite fed up with them and the common misconceptions about the free market. He's right of course that it's quite naive to demand higher taxes from the rich, as they will find ways to escape taxes. But still, in an old age shortly before his death he should have developed a more relaxed manner and benevolence towards a young idealistic man trying to find ways to make a change.
  • Speaking about the ever-upcoming, never-ending discourse of individualism vs socialism, providing incentive vs distributing equally, free markets vs planned economies: Proponents of both directions will claim that their ideas are often misunderstood and that there has never been a "true" form of their ideas implemented in reality. Both directions seem to look fine in theory, but are utopian. Governments, how ever "big" or "small", seem to continue to fail to find the balance. They fail to balance rules vs freedom, order vs chaos, because they are corrupt as they are only human in the end, and humans are weak. Thus all forms of society are utopian at last and will finally fail in practice. Some sooner, some later. Another reason is simply because the only thing that is constant in this universe is change.
  • Howsoever, the solution for all of this is kind of hidden in plain sight in this documentation. It's the protagonist himself, not so much by his economic knowledge, but by what's in his heart. Earth and nature has "enough for everybody's need (and much more), but not enough for anybody's greed" (Gandhi). We must overcome the fear of scarcity and greed, we all must grow from within and develop empathy and a sense for the greater good, then the currently implemented form of economy becomes a meaningless label. Economics is the science of managing scarcity. It's now time to transcend into the age of abundance.


3229  Bitcoin / Bitcoin Discussion / Re: A revolutionary Bitcoin idea free for the taking. on: October 29, 2011, 10:38:16 AM
How about turning it into a game like Farmville. Apparently in this game people are pointlessly clicking around with their mouse, and by doing so they are being rewarded some points. Now there can be a game where they earn points without having to be clicking around pointlessly.  Grin
3230  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: October 29, 2011, 10:14:07 AM

most definitely. I like the "smart bank" idea a lot, too. Did anyone catch the name of the "new german bank that was accounced"? "feda bank" or "feder bank", I can't find it.

It's Fidor Bank AG.
3231  Economy / Economics / Re: A Resource Based Economy on: October 29, 2011, 09:42:30 AM
Nice poem, very reminiscent of First They Came....

I don't believe Peter Joseph would support Bitcoin, he is the kind of guy who wants to have his vision realized without indirections, dare I say radically. He'd probably even hate it as the libertarianism Bitcoin stands for is almost the polar opposite to a centrally managed resource based economy.

3232  Local / Deutsch (German) / Re: Viertes Münchner Bitcoin MeetUp (Mittwoch der 26.Oktober) on: October 27, 2011, 10:01:52 AM
@ptshamrock joa gemach gemach, keiner verlangt ja ne Konferenz.  Cool

Das Buch sieht interessant aus, wusste gar nicht, dass Anonymous jetzt auch Bücher schreiben.  Shocked

@O_Shovah Ich glaube der BitMarket juckt den MtGox und damit alle anderen Börsen und damit den Kurs insgesamt nich.  Undecided

Danke auch nochmal an Spender von Bier und Popcorn!
3233  Other / Politics & Society / Re: I am the 53% on: October 27, 2011, 03:56:22 AM
It's been circulating, it's not by me ofc.

The post seems to be deleted by now but it was there (URL is in the picture), I verified myself.

It seems here is the source: http://www.dailykos.com/story/2011/10/15/1026620/-We-Are-the-53-is-Using-Fake-Images
3234  Other / Politics & Society / Re: I am the 53% on: October 26, 2011, 08:48:20 PM
3235  Other / Politics & Society / Re: The Five Steps of Corporatism on: October 24, 2011, 12:27:14 PM
Another factor that favors the consolidation of corporations and monopolization maybe even more are patent laws.
3236  Bitcoin / Bitcoin Discussion / Would you get an implanted RFID chip with your Bitcoin wallet? on: October 22, 2011, 07:52:53 PM
Would you get an implanted RFID chip with your Bitcoin wallet?

  • Will help to secure your wallet.
  • Allows new application scenarios for meatspace transactions.
  • ...
3237  Local / Deutsch (German) / Re: Viertes Münchner Bitcoin MeetUp (Mittwoch der 26.Oktober??) on: October 21, 2011, 03:51:14 PM
ich tengo schon tiempo und werd da sein  Cool
3238  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: October 20, 2011, 03:54:33 PM
Not very recognizable.

Looks like a football club.

(which brings me to an idea...) Cool
3239  Bitcoin / Bitcoin Discussion / Re: FYI - OWS Currency on: October 20, 2011, 10:13:57 AM
More information is available on that wiki page by now.

http://p2pfoundation.net/OWS_Currency

3240  Economy / Speculation / Re: Bitcoin will one day rise again like the phoenix on: October 18, 2011, 10:08:12 PM
I don't care so much either about a low price per se as it's true Bitcoin should rather be used as a currency than a pure speculative target, but the problem is that low prices will make Bitcoin stand out less against other cryptocurrencies => 21 million limit my ass.
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