See now that's what i'm taking about!
I see the bullish chart as not only likely but necessary. The rise has giving new hope for 100$ bitcoins, but before that can happen new money has to come into the market, and for new money to come into the market opportunity must be presented. 7.22 will the opportunity of a life time.
So you bought back in, ay?  |
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So is AnCap's goal to eliminate the "red market?" Is that possible? I don't think a world without violence is achievable, sadly.
Basically, yes. It's possible to remove the acceptance of violence, but you're right, completely getting rid of violence is impossible. That's not AnCap's goal. AnCap's goal is simply to place all people who use initiatory violence in the same category: criminals. Ah! This makes sense. Thank you. Would you agree then that the U.S. Government, for instance, is just an enormous and violent company? Also, do you think AnCap can do away with violent mafias and governments? |
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Fascinating.
Once my loans mature (>75% of my btc), I plan to sell 50% of my btc in hopes of a plunge. If i'm wrong, I still have half my btc, and I'll just keep waiting for a plunge with my other [sold] half.
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What does a government do that a company can also not do, theoretically? I think that government is an arbitrary label.
That is actually a great way of looking at it. I agree with you, there really isn't any difference other than the label. And I've been struggling with this acknowledgement myself. What if this is the best it will/can be? Just like free market forces, we've reached a government equilibrium. Although that might be the case, the government we know today was formed before the internet or bitcoins. It is now possible for every citizen to have access to the material & vote on every issue. It is also possible to hide your money in plain sight & use anywhere the internet is available. I'm not sure how long governments will operate as we know them today if citizens have the ability to voluntarily defund them. How long will the world allow so few people to make such important decisions for them? I can't think of a greater precursor to a revolution. Thanks for posting! That's such a great question. @myrkul So is AnCap's goal to eliminate the "red market?" Is that possible? I don't think a world without violence is achievable, sadly. |
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Oh, and agorism is very cool to me. WIll look more into it.
I'll be back on the forum in about 24 hours. Switching my shift up tomorrow.
Thanks for always being up for discussion!
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No worries  On the contrary, the difference between the Mafia and Coca-Cola is that Coke provides its product on the open market, without using violence to defend it's turf against Pepsi, and if it did, people would quickly stop buying Coke. My contention is that advocating AnarchoCapitalism might just be the frustration of being unable to mount a revolution, because the U.S. Gov't is TOO rich and TOO powerful and TOO evil a company.
. Perhaps this is more clear: the differences between Coca-Cola, the Mafia, and government are differences of degree, not qualitative differences. Right people would stop buying Coca-Cola in that scenario. But if a gang started being as civil to its competitors as Coke is to Pepsi, then that gang would lose out fast. If the U.S. was as nice to England back in 1776, the U.S. would have lost out. So what is the underlying difference that makes it so? because I know the US government to be too rich and too powerful for revolution to work, I don't think so. If 300 million Americans (soldiers included) wanted a new constitution (and say canada and mexico and pakistan all hate america) they would get their revolution somehow. A better statement IMO is "the ratio of discontent with the US government to the US govt's power is currently too low for a revolution to work." |
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My point is that humans will make human mistakes and have human desires.
Oh, indeed. But I ask you this: What is the difference between the Mafia and the Government? Nothing. Well, no, not exactly. One has a flag. No need to be smug. I'm not set in my stance or just wanting to argue, I'm trying to form an opinion. Now, what is the difference between the Mafia, and Coca-Cola?
Nothing as well. My contention is that advocating AnarchoCapitalism might just be the frustration of being unable to mount a revolution, because the U.S. Gov't is TOO rich and TOO powerful and TOO evil a company. |
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My point is that humans will make human mistakes and have human desires.
Oh, indeed. But I ask you this: What is the difference between the Mafia and the Government? Nothing. |
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honest ponzi is not run by me, in case you were wondering.
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Perhaps the rule for the lending forum should be that only loans can be sought there, that deposits can't be sought there and stats can't be published there.
They're identical |
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What does a government do that a company can also not do, theoretically? I think that government is an arbitrary label.
"Legitimately" use aggressive force. A company could also use force that would evoke quotations around "legitimately." Of course they could. But everyone would see those quotations. If a government uses aggressive force (say, to enforce its laws) then everyone is OK with that, because it's a government. If a company uses aggressive force to enforce its edicts, then people tend to have a problem with that. But in reality, a lot of people are not OK with what the government does. The difference between governments and successful companies is not that everybody is OK with one of them. Revolts happen against governments, revolts happen against companies. Government = some humans wielding great power. Anarcho-Capitalism = all humans wielding great power.
Fixed that for you. [/quote] That just isn't true. My point is that humans will make human mistakes and have human desires. |
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Pirate could very possibly be doing the same on a much larger scale, and it wouldn't show on the exchanges.
By making this claim you are saying that the offers that are publicly posted are a very small minority of all such transactions that take place at that valuation. As such, you are also claiming that many people exist that are directly using Pirate or there are a few mega-investors who give away 10% just because they can. Either way, not one single person has ever claimed to use Pirate's business. Additionally, if that is his business, why have none of his competitors who are doing these transactions more publicly not making this kind of money? Seriously consider those thoughts. We can speculate what his business is all we want, but we need to wonder: why we haven't heard of a single customer? Great point. |
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Government = humans wielding great power. Anarcho-Capitalism = humans wielding great power.
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What does a government do that a company can also not do, theoretically? I think that government is an arbitrary label.
"Legitimately" use aggressive force. A company could also use force that would evoke quotations around "legitimately." A company could lull a nation into complacency. I think the world is in a state of AnCap. I see the government as one big company that "extorts" people for money and prints its own money too. They take polls of the population and try to (or at least appear to) act in the best interest of the public. The list goes on.
Could it be that AnCappers are just angry at how powerful and irrational and immoral this company is and seek an alternative? Do they want to just hit the reset button on society so that their version of power distribution gets a fair chance?
What does a government do that a company can also not do, theoretically? I think that government is an arbitrary label.
The world is increasingly neither anarchic nor capitalistic, which is the difference. Seeing the government as one big company at the commanding heights of the economy is of course what you are meant to see, since this is the conceit that holds sway in this era. But this phenom (governments centrally planning and directing substantial portions of economic "investments"- my how the leftists have poisoned the well with that word) is known more customarily as state capitalism, corporatism, and fascism. Of course I don't generally like what the government does, but what keeps a company from doing exactly the same things you list as bad? Is it just that AnCap proposes more evenly distributed power, and calls it something else? I think that would be nice as well. |
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I think the world is in a state of AnCap. I see the government as one big company that "extorts" people for money and prints its own money too. They take polls of the population and try to (or at least appear to) act in the best interest of the public. The list goes on.
Could it be that AnCappers are just angry at how powerful and irrational and immoral this company is and seek an alternative? Do they want to just hit the reset button on society so that their version of power distribution gets a fair chance?
What does a government do that a company can also not do, theoretically? I think that government is an arbitrary label.
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Don't forget the possibility of the use of economic incentives to get the robber to return the stolen goods. If the thief has been positively identified, then you can identify him to the rest of society, and inform them of the crime that was committed, and that he has not made restitution (given the stuff back). The rest of the society, then, could choose whether or not to deal with this person. I predict he would find many doors closed to him. If the choice is between starve or give back your stolen goods, then I know I would choose to return the goods, or their monetary equivalent, if I had sold them.
Consider the hatred here towards "tainted" coins. Not one major theft had the coins returned. Mt. Gox is the only large company that freezes tainted coins. Why would an AnCap society be different? I would sell food to a known thief. I'm not going to let someone starve for stealing, personally. I would sell a car, or most anything else for that matter, to a known thief. If I don't, someone else will. |
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I owe you a beer and more for this, Stephen. If you happen to come over Manila, buzz me. Maraming salamat!
Heh, some day perhaps, thanks! I'm curious to see when you do get a GCash transfer where you know the customer is from the U.S. and sent the funds using credit card (or bank transfer) through Remitly. What I want to caution you on is to make sure you know what will happen in the case where the transaction on the Remitly side gets charged back by the cardholder or the bank transfer (ACH) gets reversed. Could you then be exposed to a charge through GCash as a result? Yes, we don't want you to go TradeHill on us! |
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I can only answer #3 since I don't use the default client.
#2 With the default client, you can't specify which address to send from. There is a patch available to do that, or you can use a different wallet. I use blockchain.info's wallet most of the time. It's very useful and straightforward, without skimping on features.
#3 The protocol tries to make the average time between 10 min, but there is a LOT of variance This is because of mining. If a lot of more people started mining right now, the gap would shrink temporarily. Conversely, if a lot people stopped mining, it would take a lot longer to find a new block. The protocol adjusts itself (the mining difficulty) every 2016 blocks (I think that's right) to compensate for the change in mining power, shooting for a 10 minute average.
And I believe that technically the all time average is < 10 minutes because the network has, of course, grown.
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I can't wait to see Vandroiy be $60,000 richer.
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