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5381  Economy / Economics / Re: Bitcoin is a Zero-Sum Game - Long-term interest bearing instruments viable? on: September 24, 2012, 03:26:30 PM
Voluntary exchange is what produces growth because both parties benefit -- not just lots of trades.  In contrast, printing new fiat money (aka counterfeiting) is a form of involuntary exchange or theft.
As I said, this is just hypocritical. If you call inflation theft then you are inconsistent when you don't call deflation an involuntary theft from those who invest to those who put the money in the safe.

Is it wrong if I hld my Fiat-euro's in cash instead of bidding up the price of bread at the supermarket? Am I hurting anyone else if I decide to keep physical money in my pocket instead of lending it out to the bank against interest?

Why would hoarding individuals be thieves if everyone has the exact same opportunity to enjoy the benefits of the appreciating money? It's called a market (which includes ordinary money transactions); a summary of millions of individual transactions between millions of individuals. No more, no less.

If hoarding becomes a problem, it is individuals reacting to bad influences from the outside (usually: government policies).
5382  Other / Politics & Society / Re: Italy to ban cash transactions over €50 in 2013 on: September 11, 2012, 07:25:06 PM
Soo much for freedom *uch*  Roll Eyes
5383  Bitcoin / Bitcoin Discussion / Re: The reality of BTC that too many (and myself) dont want to believe. on: September 02, 2012, 07:06:40 PM
Bitcoin is a protocol. We just need a Steve Jobs to make it accessable for our moms  Tongue

Give it time. It always does.
5384  Economy / Speculation / Re: How to recognise a ponzi scheme on: July 06, 2012, 11:23:57 AM
If people would lose faith, they would not have lost that many (worthless BTC). On the contrary, the fact that they would consider themselves 'scammed' would prove BTC's enduring value. The same would apply to outsiders (if you lost something with no value, why are you crying about it? Apparently, you lost something that you valued very much).

Happing investing to all  Roll Eyes
5385  Other / Beginners & Help / Re: Why do you trust bitcoin in one sentence. on: June 26, 2012, 08:29:53 PM
Voluntary decentralized non-human controlled currency backed by people.

It's got everything that fiat-money doesn't have:
*centralized
*mandatory (for taxes)
*human-controlled (central banks, politics)
*backed by decree
5386  Economy / Economics / Re: Dummies guide to what went wrong in Europe on: June 17, 2012, 09:01:10 PM
Besides fiat-debt-based-currency, there is a simple explanation for the mess.

One currency, one central bank, but multiple countries with their own fiscal policies and debt issuance. In essence, the country that borrows the most, takes the most advantage of the system (until it breaks......).

Perfectly described by Philipp Bagus in his little book ( http://mises.org/books/bagus_tragedy_of_euro.pdf ) and forewarned by Friedman ( http://super-economy.blogspot.nl/2011/11/again-with-krugman.html ).
5387  Economy / Long-term offers / Re: ~ PAYING 10% MONTHLY INTEREST ON DEPOSITS ~ on: June 04, 2012, 09:49:16 PM
MONTHLY PAYMENTS SENT:

Interest payments have been sent to depositors for the month of May.


Hi OgNasty, I kindly ask you to return the principal sum, because I need it for other purposes.
I look forward to receive your confirmation.

Regards,
Wekkel
5388  Economy / Long-term offers / Re: ~ PAYING 8% MONTHLY INTEREST ON DEPOSITS ~ on: May 02, 2012, 04:24:06 PM
Got 6% instead of 8% ?

Take a look at the agreement you approved.  You only received 6% because your deposit was only held for 3/4s of the month (interest rate period).  Let me know if you have any concerns and I'd be happy to address them for you.  Rest assured you will receive the full 8% on June 1st.

The stupid, it burns...  Tongue
5389  Economy / Long-term offers / Re: ~ PAYING 8% MONTHLY INTEREST ON DEPOSITS ~ on: May 02, 2012, 10:19:29 AM
Got 6% instead of 8% ?
5390  Bitcoin / Mining support / Re: Windows 8 on: April 18, 2012, 10:07:38 PM
I think Microsoft could hit something really big with Windows 8 on Tablets. I do not wonder why Google is desperate to get a sub $250 Tegra 3 tablet on the Market before Windows 8 is rolled out. It's going for the moon if done right -> real business usability for tablets....

Imagine the total rocket if MS also get Windows Phone 8 right at the same moment.

But that is not relevant for Bitcoin of course.
5391  Economy / Speculation / Re: A year from now (2013/04/15) on: April 18, 2012, 09:56:28 PM
The problem with FPGAs is the recent trend to proprietary products. That is something which I would call antisocial greed. They have no interest in bitcoin and are only selling products for fiat.

So does your Windows computer shop. What's your point here?

Frankly, I don't care whether someone wants to use fiat money alongside other (private) alternatives. The trend to FPGAs is simply market mechanics. I wish the gamblers with their FPGA-farms good luck and am happy to see my future BTC payments processed by the grace of FPGA-farms.

It's all connected.
5392  Other / Beginners & Help / Re: What do you need a loan for? on: April 11, 2012, 07:33:51 PM
Just an example I could think of:

You want to make payment in BTC now, but must acquire BTC first. Solution: you lend BTC now, and acquire BTC right thereafter in exchange for dollars afterwards to pay back the loan. Could still be cheaper than regular payment if the fees are stiff.

For Europe however, that would hardly be a viable reason due to free SEPA payments within the EU-zone.
5393  Economy / Services / Re: Coder for hire on: April 11, 2012, 07:19:51 PM
Confirmed for good VB.NET job done against fair price (and quick). I am considering to prepare an assignment for a larger job. Pricing remains secret to respect the OP's business.
5394  Economy / Long-term offers / Re: ~ PAYING 8% MONTHLY INTEREST ON DEPOSITS ~ on: April 11, 2012, 06:14:03 PM
Administration wise it can be usefull to generate a specific receiving address to receive money from a specific sender. Try it, it is a feature in your bitcoin client  Roll Eyes
5395  Economy / Long-term offers / Re: ~ PAYING 8% MONTHLY INTEREST ON DEPOSITS ~ on: April 07, 2012, 10:20:24 PM
Entered into agreement for 100 BTC.
5396  Economy / Services / Re: Coder for hire on: April 07, 2012, 09:13:41 PM
What can you do with .NET (in Visual Basic)?

I need some basic code operating data from text boxes to Datasets or whatever, ultimately to be written in a Word document.
5397  Bitcoin / Bitcoin Discussion / Re: [ANN] A public company will build a huge Bitcoin Mining Operation (ASIC). on: April 07, 2012, 09:11:47 PM
Went through 11 pages.

Not a single clue on:
*the investment required
*time frame
*prospects on mining capacity
*view on development of Bitcoin prices the next few years
*prospects on ROI for investors, their position etc
*etc

I appreciate that it's not a prospectus, but you aren't giving any clues whatsoever. I wish you good luck with your enterprise.
5398  Economy / Speculation / Re: Bitcoin price to explode in next 24h on: April 05, 2012, 08:54:11 PM
Don't worry. I am still fully invested, so $0.01 here we come.
5399  Other / Beginners & Help / Re: Want .75010101 BTC for free? Look inside..... on: April 05, 2012, 08:53:00 PM
#7
5400  Economy / Speculation / Re: Financial Risk Analytics-Subscription Service on: April 05, 2012, 07:55:07 PM
What's the point of showing update headers here if you can inform subscribers by e-mail?

But deflation is welcome (as in: lower prices). Cool
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