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761  Other / Off-topic / Re: Chargeless ATM withdrawals on: September 06, 2011, 01:28:03 AM
Man I'm fucking glad I live in the UK where the only ATMs that charge you for withdrawals are the ones not owned by banks, and instead owned by private companies who essentially "sell" you a product worth 50 quid and then dispense 50 quid of notes. LINK valid cards are the fuckin best.
762  Bitcoin / Bitcoin Discussion / Re: U.S. aims to track 'untraceable' prepaid cash cards on: September 06, 2011, 01:22:45 AM
idiots talking about terrorism: it's actually because companies lose massive amounts on pre-paid cash fraud. people use dodgy notes to buy them, get the card topped up and then leave without paying (which is usaully down to bad employee practice but is still a big problem) and use stolen cards to essentially legitimise funds from the card with no chance of it ever getting revoked. Really you'd be a fool to not know who the fuck is using them considering how much fraud gets put through them.
763  Other / Politics & Society / Re: An Annoying Market Failure on: September 05, 2011, 01:37:40 AM
Now you imagine what would happen if this happened in the USA, with a GDP of 14 trillion dollars, suddenly had its GDP drop by half.

That would be terrible because we all know that when GDP drops to zero, all the machinery, labor force and natural resources magically vanish.

No but GDP does influence tax rates, employment rates, laws and legislation that gets passed and so on. The GDP dropping by half in a year would essentially mean that the country would get much less in tax income, massive lay-offs of staff would occur at a lot of businesses (since GDP is a direct translation of income from businesses and suchlike) and some goods would suddenly drop into non existence as the company that makes or imports them goes bust. Companies can't do business if the money they're using for their business suddenly vanishes from their bank becuase their bank exploded, essentially.
764  Bitcoin / Bitcoin Discussion / Re: Decentralized internet - and what it could mean For Bitcoin on: September 05, 2011, 01:33:09 AM
each node would add like 20ms of latency to any connection so in practice wired ISPs are going to beat it if you value speed over uh... Huh
765  Bitcoin / Bitcoin Discussion / Re: Looking for a Bit-job on: September 04, 2011, 11:36:01 PM
I would accept BTC as payment for my labor.

It's tax free income you would have to be a fool to turn down BTC as payment.

It's only tax free if you don't mind BTC getting a bad rep and you personally getting done for tax dodging but whatever.
766  Other / Politics & Society / Re: An Annoying Market Failure on: September 04, 2011, 11:33:11 PM
This could possibly be something to do with bank failure on such a massive scale destroying civilisation as we know it and rushing in another dark age but whatever.
Ah, I see - the sky is falling, the sky is falling. Give us all your money or the sky will fall...

In Iceland a referendum took place and the people of Iceland voted to let their banks fail on a massive scale. Is civilization in Iceland destroyed? Is Iceland rushing in another dark age? But whatever...



There was riots for weeks and the "letting the banks fail" ended up with one being nationalised (so it could be properly run by the government) and two others being sold to other buyers. The Icelanding stockmarket crashed from 9000 points to less than 300 in the space of a year, caused an economic recession of 5.5% of economic growth, and cost iceland as a whole almost 8 billion dollars as well as completely HALVING its GDP. That is not nothing. There was plenty of other effects because of overseas issues (a lot of places have money in icelandic banks) and overseas debt in icelandic banks.

Now you imagine what would happen if this happened in the USA, with a GDP of 14 trillion dollars, suddenly had its GDP drop by half.
767  Bitcoin / Bitcoin Discussion / Re: Beyond Bitcoin: Decentralising other public institutions on: September 04, 2011, 09:59:57 PM
I don't think you understand how medicine works. Doctors have to train hard to diagnose correctly and provide a solution to the diagnosis (You say misdiagnosis happens all the time but this is a fallacy. For every case of misdiagnosis that has a bad outcome such as death there are hundreds, if not not thousands, of correct diagnoses, the difference being that the incorrect diagnoses are the only ones you hear about). Your opinion that doctors have no accountability is also a complete load of bollocks. If people die, the health body will want to know why, assuming you're living in a country with even an ounce of regulation. Fuck, even if it doesn't have a regulatory body because you're living somewhere like somalia, the family of the deceased are gonna be pretty fucking pissed too.

You also don't seem to understand how the free market works. The market only works because experts in their field have the knowledge and foresight to put shit into practice and do it correctly, as well as at an effective cost or rate of return. Getting together a bunch of idiots with no information about how to do anything and then suggesting that they could somehow do the same thing is a load of bunk. It's like suggesting that you could replace one expert in rocket science with 200 farmers and expect them to be able to solve equations about throat diameter and stagnation points on rocket engines from first principles.

Your "fact" about Wikipedia is also pretty much a lie. Wikipedia at this point is considered terrible by most educational institutions, and infact several of my friends at universities have reported that even citing wikipedia as a reliable source of information is likely to get that paper failed (at my universitiy it doesn't count as a fail but they do discard the information you obtained from it). I mean fuck, this can be demonstrated quite neatly by the fact that discussion pages about anime and the colour of ball hair are more popular and longer than articles on serious subjects such as Lift, Drag and Gravity or Medical conditions (which I note, have only been discovered, named, diagnosed and figured out by experts in medicine. I mean fuck, the article on "human assholes" actually had one of the longest discussions of all times because so many people deemed it important to argue about which picture of a human butt should be used on the article.
Firstly, many of the issues you identified are CAUSED by the lack of a free market: in EDUCATION. If there was a free market in education, you wouldn't have the problem of the select few monopolising everything (monopolies are impossible in a free market).
Medicine is particularly bad field for this, the AMA acts like  the most bullying strongarm union there is, competent medical professionals are NOT ALLOWED to call themselves 'Doctors' just because they haven't paid their union dues aka med 'school' fees. These college courses you insist upon are little more than madrassas for big pharma... Opening up the healthcare to the free market with my cryptohealthcare scheme  will:
1. Enhance CHOICE and quality of care. All your traditional doctors will still be around, plus there will be more alternative practictioners. Increasing choice can ONLY improve the quality of healthcare available.
2. Encourage INNOVATION. Significant medical advances made these days are often borrowed from tribal societies (e.g. ear candling, reiki). However these therapies are treated with disdain and slander by the doctors who see them only as a threat to their profit margins! People should be able to CHOOSE which practictioner to use without the government propagandising for one group.

Oh I see, you're trolling. As soon as you mentioned "monopolies are impossible in a free market" and stating that ear candling is a valid medical procedure I realised this.
768  Other / Politics & Society / Re: An Annoying Market Failure on: September 04, 2011, 08:19:26 PM
The point is that it is a market failure.
Nope, it is not a market failure. Markets worked as expected. Government didn't. It is a government failure. Government were too scared to let the market do its job. Government were too scared to let banks fail. Governments in the US, UK and EU simply surrendered to racketeers. Now the taxpayer has to pay for the losses banks incurred by speculating on real estate markets.

This could possibly be something to do with bank failure on such a massive scale destroying civilisation as we know it and rushing in another dark age but whatever.
769  Other / Off-topic / Re: Bruce Wagner and the surrounding drama. on: September 04, 2011, 08:15:20 PM
http://www.youtube.com/watch?v=OjV3wdXDHDk

Bruce has put a FULL CONFESSION UP on youtube.
770  Bitcoin / Bitcoin Discussion / Re: Beyond Bitcoin: Decentralising other public institutions on: September 04, 2011, 01:40:43 AM
I don't think you understand how medicine works. Doctors have to train hard to diagnose correctly and provide a solution to the diagnosis (You say misdiagnosis happens all the time but this is a fallacy. For every case of misdiagnosis that has a bad outcome such as death there are hundreds, if not not thousands, of correct diagnoses, the difference being that the incorrect diagnoses are the only ones you hear about). Your opinion that doctors have no accountability is also a complete load of bollocks. If people die, the health body will want to know why, assuming you're living in a country with even an ounce of regulation. Fuck, even if it doesn't have a regulatory body because you're living somewhere like somalia, the family of the deceased are gonna be pretty fucking pissed too.

You also don't seem to understand how the free market works. The market only works because experts in their field have the knowledge and foresight to put shit into practice and do it correctly, as well as at an effective cost or rate of return. Getting together a bunch of idiots with no information about how to do anything and then suggesting that they could somehow do the same thing is a load of bunk. It's like suggesting that you could replace one expert in rocket science with 200 farmers and expect them to be able to solve equations about throat diameter and stagnation points on rocket engines from first principles.

Your "fact" about Wikipedia is also pretty much a lie. Wikipedia at this point is considered terrible by most educational institutions, and infact several of my friends at universities have reported that even citing wikipedia as a reliable source of information is likely to get that paper failed (at my universitiy it doesn't count as a fail but they do discard the information you obtained from it). I mean fuck, this can be demonstrated quite neatly by the fact that discussion pages about anime and the colour of ball hair are more popular and longer than articles on serious subjects such as Lift, Drag and Gravity or Medical conditions (which I note, have only been discovered, named, diagnosed and figured out by experts in medicine. I mean fuck, the article on "human assholes" actually had one of the longest discussions of all times because so many people deemed it important to argue about which picture of a human butt should be used on the article.
771  Other / Off-topic / Re: Why do sadistic freaks always fly their airplanes around 50ft above the ground? on: September 04, 2011, 12:47:57 AM
I've literally never seen this but it sounds like whichever shithole you live in needs better air traffic controllers.
772  Bitcoin / Bitcoin Discussion / Re: Beyond Bitcoin: Decentralising other public institutions on: September 04, 2011, 12:45:52 AM
These are all some of the stupidest ideas I've ever heard. Wisdom of the crowds only works when people actually have an idea what they're talking about. It takes years of training to become a competent doctor and suggesting that by asking 200 people how to cure a rare and relatively unknown disease the correct treatment plan will emerge is just plain lunacy. The psuedo internet thing is dumb as fucking hell as well because it encourages website owners to make their websites as big and ineffecient as they possibly can so that more packets get sent. You can't compete against it because lawsuits against people who infringe on their IP makes them the sole provider for whatever it is they're doing. It's the stupidest fucking idea because it'd directly go against every single fucking thing the internet is designed upon.
773  Economy / Services / Re: $182.7 million lottery, equivalent to over the max of 21 MM Bitcoins on: September 03, 2011, 02:18:01 PM
As I recall Euromillions can only be won by someone resident in the EU so uh, yeah.
774  Other / Off-topic / Re: The Truth about Satoshi? on: September 03, 2011, 02:53:05 AM
Bruce is clearly the fall guy so that lowtax can get away with it all while bruce ends up in jail for massive fraud and his own pedophilia charges.
775  Other / Politics & Society / Re: Liberty Dollars held by collectors subject to seizure as contraband on: September 03, 2011, 02:12:19 AM
The USA has a right to protect itself from fraudulent currency.
776  Other / Off-topic / The Truth about Satoshi? on: September 03, 2011, 02:10:25 AM
Satoshi is an Anagram of "I host SA". The hoster of SA is lowtax, who owns SA. Is it possible that somethingawful was behind bitcoins too? I mean it'd make sense given their far reach due to the masonic forces that control them.

Any thoughts on this?
777  Economy / Economics / Re: Thinking ahead - physical resources and production on: September 03, 2011, 01:37:18 AM
Please tell me more about your hypothetical situtation that will never happen.
778  Other / Politics & Society / Re: Bitcoin's legacy on: September 03, 2011, 12:40:30 AM
the multiple hacks of large bitcoin banks and exchanges should demonstrate this

Regular banks get robbed too.

Most banks aren't broken into via a sql injection exploits.
779  Bitcoin / Bitcoin Discussion / Re: The machine that bitcoin needs - another co making a grab on there own on: September 02, 2011, 09:36:00 PM
Coinstar runs a tight buisness (their machines are normally used only for counting small change and take a ~7% fee for doing so) so I doubt they'd want to partner with a currency that can have price changes of 20% in a a day, which would totally destroy any money they'd make from it.
780  Economy / Economics / Re: The Great Bank Robbery on: September 02, 2011, 09:27:45 PM
Make banks state run again so that theres no bankers to get massive bonuses.
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