This is cool  |
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So a new thread over at the Bitcoin Foundation has requested entries for an updated weusecoins-type video... naturally, I spent the last few hours on goanimate creating my masterpiece: Bitcoin: A Love Story  |
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"..interest won't be raised unless there [are] signs of hyperinflation'... as in they want/have inflation already and will make a move once it gets out of control... by which time it will be out of control...you f*cking idiot, Ben Bernanke. Thanks for the laugh!  |
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. . . As a side note, the instance that happens . . . inflation would skyrocket . . .
From a link in the linked article: . . . If the Fed was worried about all that newly created money being pumped into circulation, it could always counteract the inflationary effects by selling off the $2 trillion in securities it owns from quantitative easing (thereby taking an equivalent amount of money back out of the economy) . . .
Hahaha sure, and maybe they'll hire Jesus to be their salesman too. So easy to sell off $1 trillion in non-liquid toxic assets, that's why the Fed bought them (and the trillion dollar coin) in the first place... They obviously make good investments!!!! :-P I think we're living in that parallel world xxjs was talking about, where we just turn jobs, use our imaginations, and everything just works... |
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The article IS A GOOD READ!
It helped me understand just why china even bought our debt in the first place.
And that like stated above that japan is next in line behind china and I didnt know that.
However whats this deal about "obamacoin"??
Here is a rather liberal/democratic view of: ObamacoinI'm sure you can find plenty of stories with whatever political view you prefer (conservative, libertarian, statist, etc) "In case you're not familiar with this idea: In general, the Treasury Department is not allowed to just print money if it feels like it. It must defer to the Federal Reserve's control of the money supply. But there is an exception: Platinum coins may be struck with whatever specifications the Treasury secretary sees fit, including denomination." so the coin can be worth whatever they say and is backed by what? More debt? gold? Backed by the fact that the US Treasury denominates it as $1 Trillion, and someone is dumb enough to buy a titanium coin at that price. In this case, that would be the Federal Reserve. The US normally trades US Bonds (debt) for the Fed's cash, but this is a way for the US gov to go around having to pay the Federal Reserve back, while raising money to pay for budget items. As a side note, the instance that happens (if it were ever to, which is looking unlikely according to gov officials), inflation would skyrocket. Theoretically, they could just mint 17 of these things and pay off all the debt. Consequently, the dollar would be worthless. Even though they most likely won't go ahead with this scheme, the gov will continue to sell bonds to the FED and continue the inflation process as usual, which is still the fastest they've ever increased the money supply in our history. The USD will be worthless in 10-20 years, especially with sound competition from other currencies like Bitcoin and whatever the future brings  |
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... so anyway yeah probably the worst Ted talk I've ever seen. though, now that i'm thinking about it... im open to submissions... |
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omg so jelous lucif. butterflys deliver to you first. i hate you  you now can do 51% take over. i quit bitcoins. |
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Ahh probably from nothing to a lot.
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I'm sorry but I haven't the faintest what you are on about, your post isn't coherent enough to really convey anything. Better luck next time.
LOL. The OP had groundbreaking discoveries to share with us!! |
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can someone explain it in simple terms, holding back on the paranoia a little.
what is it?
what is it going to accomplish for the united states?
why?
It's when the US government sh*ts out a titanium coin they deem is "worth" 1 trillion dollars so that we can pay our debts and spend more money... Nah, that is a proposed reaction to the debt limit crisis. It has nothing to do with "the Fiscal Cliff". Two separate political issues. "The Fiscal Cliff" was a specific name chosen for a specific event. Trying to apply it as a name to every fiscal event you disagree with doesn't make it so. Yeah I know but this was the closest related thread I could find without being annoying and starting a new one. I can't give it THAT much importance :-P |
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Butterflies can't deliver. Have you seen these things? They're fragile as hell. I think a gust of wind would blow them off course.
fuck you Baaaaaahahahahahaaaaaaa!!!! Guys, you just made me sheep out loud. |
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Wow! Awesome! I probably was not the first one, no way, but I really appreciate that donation! I actually just got the .1 BTC!!! Haha this is so cool... thanks man! ahhhh..... I love Bitcoins |
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Hey guys, I wrote a new blog post about Bitcoin and would love to get it criticised for technical errors lol.. hence the n00b board
Just want it to be accurate! Thank you!
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@ Yankee or anyone else familiar with the conference proceedings - will reliable WiFi access be available in the events room(s)?
I've attended conferences at the proposed location. It is a premier venue with whatever facilities you can imagine. Technically, anything you require, they can provide. However: I have no clue whether communications services (e.g. WiFi for attendees, or a large pipe for streaming) are standard or will require separate purchase as an add-on from the organizer. Also, possibly the convention center will frown on 3rd party attendees doing A/V work instead of hiring their onsite personnel and equipment. The Foundation will have to figure out all these details based on whatever budget they have for the event, and based on a ticket price that people can afford. From a financial standpoint, announcing that everything will be livestreamed for free could be counterproductive, as it would reduce the incentive for people to fly in and attend. If the event doesn't sell out and break even, it would look very bad for PR reasons, and would likely mean either higher prices for those who do attend or, even worse, possible cancellation of the conference. Valid point. They could also profit from the fact that certain segments would be streamed by charging to view it live. Or not mention that it will be streamed until it gets close enough to the point where they've sold enough tickets, and people wouldn't request refunds/change their plans. But perhaps it would be best to just upload segments after the conference. Also, it would certainly make things easier for the Foundation if the venue did have an established, integrated A/V service already at the venue. If they do, hopefully they know what they're doing. I would really like to record the conference and sometimes those guys can make things harder than they need to be. Of course, we're all just speculating here. I'm assuming we'll find out more details on this as the BF board members deliberate on the issue. |
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I will lay this out: Technically, for this to really happen, we would need all of your standard conference room A/V gear, plus some: Mic(s) for the presenter(s) (wireless/wired, depending on pref.) Tx/Rx for Wireless mic systems Audio Mixer Camera or cameras/tripods (depending on number of angles desired) Audio/video cabling (XLR, SDI/Component, etc..) Stable (preferably wired) network connection (50Mb/s would be best, or as long as upload is at least 10Mb/s. Higher the better) TriCaster 850 (or better, 8000) Projector Screens Projectors (associated cabling) And then all of this on a room by room basis... perhaps designating the tricaster/stream to rooms with bigger talks. Just to give you guys an idea. Again, I have no idea what the foundation intends. EDIT: found this with a quick google search. Obviously I did not do this TEDx production, but same equipment and a place to rent it near San Jose for a good price... |
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Assuming the organizers are keen on the idea of having some talks/discussions streamed live, do you have access to a TriCaster 8000 or only informing us that you're capable of operating said device, being certified and all? I am capable. The unit itself is about $30,000-$40,000. It may be possible to rent out from an A/V reseller in the San Jose area for 10% of that cost, but that needs to be looked into and obviously funded (perhaps by the foundation?). I really don't know what the foundation has in mind in terms of A/V gear, and that would be well worth knowing depending on what they wanted to accomplish. Over and beyond the streaming aspect, is it safe to assume that you would put the videos on YouTube or, at the very least, make them readily available elsewhere? The unit itself has the ability to upload videos to youtube simultaneously while the presentation is being filmed, recorded, and streamed. It's an amazing piece of hardware/software. Note, the price lol. One more question, and please understand that it has nothing to do whatsoever with your abilities, for they're not in question, but is there a video you can link too, thus showcasing your talent and the equipment in use?
I look forward to seeing you at Bitcoin2013. I'll be the guy with scraggly ass beard.
~Bruno K~
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Cool, makes sense. Most of the work done isn't network data intensive, it's processing on the local machine...
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