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I'll be all over this if you can trade USD to other accounts.
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This is the highest it is going to get for awhile. It cannot be sustained above 1.10 for too long. I recommend you sell and profit while you still can. There hasn't been that big of an increase in adoption since the inception of this rally.
That's a lot of statements of fact. On what data are you basing your analysis? The only thing(s) required for a sustained increase in the price of Bitcoins (relative to the dollar) is an increase in the demand for Bitcoins, decrease in the demand for the dollar, or increase in supply of the dollar. We are living during the record breaker. Statistically a record has never been sustained for a long time. |
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This is the highest it is going to get for awhile. It cannot be sustained above 1.10 for too long. I recommend you sell and profit while you still can. There hasn't been that big of an increase in adoption since the inception of this rally.
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Yep, I need to read it as well. Thanks. |
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Does it have a central point of existence?
If so, no.
EDIT:
"Hub Culture is a social network service that operates the global digital currency Ven..."
So, once Hub Culture is gone, it's worthless. Heh.
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I forget where but somebody had proposed a system where society's currency was replaced with karma points. If you had a high amount of karma, people would be obliged to care for you and make sure you are sustained in society. The ones with low or negative karma may end up killed in a back alley and so forth.
I really thought about the circumstances of such a situation and I realized we already live in such a society today. The people who are capable of bringing the most value to society are often sought after for universities through scholarships and such, in addition to almost being guaranteed a job. Those who don't have very valuable skills and are hence aren't able to bring much value to other people are left searching and building themselves for opportunity or to be cared by the altruistic few that happen to gain value from them.
Is my conclusion correct?
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Is there some kind of release scheme of your podcasts or do you make them when interesting things happen in the commuity?
Right now it's when I see interesting headlines. I plan to kick it off into longer view-based podcasts that occur daily. |
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Decentralized delivery network?
Brought to you by Silk Road.
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Thanks for the Podcast, wish it were somewhat longer though.
Note taken. |
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I would like it if you made the background darker and the text white. The white burns retinas.
Just my .02 BTC.
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How silly? Why are they silly? Oh wait, you lot are capitalists. Never mind, carry on. (Personally, I think the silliest thing is that they seem to want to keep the government. The getting rid of money isn't so silly. I'm supporting Bitcoin because it's a tool against government, not because I like money.) Is anyone really surprised that a janitor makes less money than a brain surgeon? Which is more important for society? If all the janitors suddenly disappeared, what would happen? If all the brain surgeons suddenly disappeared, what would happen? I suggested that in the first case, perhaps the brain surgeons would "led full, rich and happy lives until they [are] all suddenly wiped out by a virulent disease contracted from a dirty telephone", or something. For a further discussion on the differences between doctors and janitors, check out this thread on Reveft. That's the biggest brain fart of an argument I've seen so far. Yes, the doctor wouldn't be able to perform adequate surgery without the janitor but that doesn't mean he owes his life to him. It is all service based on NEED and the amount of NEED is determined by what people are willing to pay. I'm sorry you don't like the idea of people working to sustain themselves. |
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The closest thing to such a monopoly was Standard Oil but even that was affected by state laws preventing the formation of national companies. In addition, it gave us the lowest oil prices ever. So, it was a natural and quite healthy monopoly.
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...but my property/money can be put up for vote?
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Wait so your house had cable hooked up when you moved in so you just kept paying the bill?
No, I'm saying that if you move to a house where cable is a part of the rent, and you knew this moving in, you can't really complain. You mean "move" as in "forced out of your mother's womb" into a reality with rules you never agreed to? |
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If I refuse to help him, is it acceptable if he or someone else holds a gun to my head until I agree to help him?
Ah, except my parents were forced to send me to state run education, where I was told over and over again that government was good. It wasn't until much later that I was able to come to the realization on my own, that it is not.
I don't understand the fetish for guns, but as a general rule no. If however the village you live in and enjoys the benefits from together decides in a democratic fashion to collectivly help the unfortunate person, and you refuse, then yes, I do believe that they have the right to use certain means to make you pay. Perhaps your parents believed that it was a good deal and wanted you to share their values. That's what parents do. Okay, let's say I live in a democratic village full of sinners, whores and other freaks of nature and we all have to decide what we are going to do tonight. I want to watch Republican Party Reservation. They want to fuck me with switchblades and sexual organs I never knew existed. So I vote for television, and everyone else, as far as the eye can see, votes to fuck me with switchblades. People have the right to do this? |
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Trade Well, I'll agree that sometimes consensual trade is harmful, as in the case of blackmail and extortion, but these modes depend on threats of force. Regardless, I take it that you mean that negative externalities do not exist in the presence of consent. That brings us to how we value consent though. I mean, we can choose not to drink, breath, or drive. Cannot a polluter rightfully ignore the complaints of the dysenteric and asthmatic on the premise that they consented to drink and breath? If they try to shut him down, aren't they just Indian givers, after a fashion? You're degrading this argument down to the point that we consent to live, that living is a negotiable choice. Which can be a fair argument if you advocate that if you are coerced into a system, you still have freedom because you can kill yourself. |
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The state restricts the generation and use of private tangible currencies.
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It's really not economically viable except on an industrial level.
You know those cellphone, computer, etc. recycling companies? Yeah, they are just gold recovery businesses.
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It seems LightRider is trying to break Woods's Law:
Whenever the private sector introduces an innovation that makes the poor better off than they would have been without it, or that offers benefits or terms that no one else is prepared to offer them, someone—in the name of helping the poor—will call for curbing or abolishing it.
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