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8441  Bitcoin / Legal / Re: Bitcoin Foundation receives cease and desist order from California on: June 23, 2013, 04:45:08 PM
http://www.forbes.com/sites/jonmatonis/2013/06/23/bitcoin-foundation-receives-cease-and-desist-order-from-california/

I think the State of California does not quite understand the function of the Bitcoin Foundation.

Never underestimate the power of dumb officials.

If I were associated with the Bitcoin Foundation, I would've moved to a friendlier place. Once some of the prominent members of the Bitcion Foundation stared into a prison wall confined in a cell, it doesn't help if they're 50 times smarter and that they're right. The dumfucks will make the inconvenience of such a nature that it could be life altering, and not for the better - for those involved.

If some power figure doesn't like the Bitcoin Foundation, there's nothing they can do.

Stay anonymous, and stay under the radar is my suggestion.

No, don't stay under the radar. Rent a government convention center and rub their noses in it. lol
8442  Bitcoin / Legal / Re: Bitcoin Foundation receives cease and desist order from California on: June 23, 2013, 04:39:33 PM
They probably thought the deep discount because McEnery Convention Center is under construction was good deal. Well that backfired! lol

This might actually be a good thing. TBF has been blustering for a while now about wanting to lobby Washington. Well here's their chance for a test case. All they need to do is prove to California govt that the membership of TBF does not run any money transmission business and they win. This could be the landmark case providing ammo to fight Washington. Or it could be that they are in way over their heads and didn't realize that Team San Jose is a government centric organization. lol
8443  Bitcoin / Bitcoin Discussion / Re: Why are people so obsessed with Amerifags when talking about Bitcoin? on: June 23, 2013, 02:51:25 PM
When did 4chan take over this board?

You're only saying that because you can't triforce.
  ^
^  ^

^
^  ^

Damn it!

lol
8444  Bitcoin / Bitcoin Discussion / Re: Why are people so obsessed with Amerifags when talking about Bitcoin? on: June 23, 2013, 07:29:38 AM
When did 4chan take over this board?

You're only saying that because you can't triforce.
  ^
^  ^
8445  Bitcoin / Bitcoin Discussion / Re: Why are people so obsessed with Amerifags when talking about Bitcoin? on: June 23, 2013, 07:20:04 AM
I have already reported many illegal gambling businesses to the US authorities.

Yeah, I'm sure they'll get right on that. As soon as they stop illegal drugs and prostitution then gambling is next on the list.
8446  Other / Off-topic / Re: The Official "First Word that Comes to Mind" Thread on: June 23, 2013, 06:54:22 AM
filthy
8447  Other / Off-topic / Re: The Official "First Word that Comes to Mind" Thread on: June 23, 2013, 06:02:14 AM
Transylvania
8448  Other / Off-topic / Re: The Official "First Word that Comes to Mind" Thread on: June 23, 2013, 05:52:11 AM
Grab
8449  Economy / Economics / Re: A Resource Based Economy on: June 23, 2013, 05:41:36 AM
Very nice and accurate description of each circumstance. So, do you agree with the Zeitgeist Movement that a resource based economy can work?

Yes. But only if the centrally controlling computer is able to know what everyone thinks and wants, know all the resources that exist, can track every single resource through its entire production method, is able to motivate inventors and doers with more stuff, if that's what they want, without upsetting the neighbors who are getting less stuff, and is able to make everyone happy and like itself.

Personally, I can't make everyone like me. Maybe it's possible if I abduct people and drug them, and then make sure they all take drugs from then on to stay complacent and ignorant? Have you seen Equilibrium before?

No, there is no such thing where humans are concerned. Your population would need to cooperate completely and that wouldn't happen. Civilizations failure, regardless of the system in place, is always the human element. Capitalism only works to an extent because it is basically founded in greed which everyone can support. The socialist systems fell victim to greed quickly. Peter Joseph is a typical dreamer that thought of a good idea on paper but then humans become involved and it gets screwed all up. The idea of no private property alone will keep it from ever seeing any real success. The "scientific method" of allocating resources would work until the first person decided to game the system and you know that would happen almost immediately.
8450  Other / Off-topic / Re: The Official "First Word that Comes to Mind" Thread on: June 23, 2013, 04:29:10 AM
Snatch
8451  Other / Meta / Re: Activity & new membergroup limits on: June 23, 2013, 03:58:36 AM
Thank you
So now you need to be active for:
 - more than a year to be hero
 - more than six months to be senior
 - more than one month to be full member

I really like that

So do you have to have total login time of more than 1 month to be full member or just have been registered for 1 month to be full member? I am stuck at 56 activity and have a total login time of 7 days, 7 hours and 33 minutes and registered on 10 May. Full member requires 60 activity.

I saw a recent post of John K. in which he said he had been logged in for 100+ hours. Shouldn't he have been logged in for more than 8760 hours (365x24) to become a hero member? Or are there different rules for oldtimers? Undecided


The new membergroup limits work like this:
GroupRequirement
Brand New0 posts
Newbie(none)
Jr. Member1 post written over 4 hours ago
Memberactivity: 15
Full Memberactivity: 60
Sr. Memberactivity: 200
Hero Memberactivity: 400

Becoming a Hero Member requires posting an average of one post a day for 28.57 two week periods.

Wrong, becoming a Hero Member requires going 28.57 two week periods without scamming someone or creating a business that accidentally loses thousands of Bitcoins.
8452  Other / Off-topic / Re: The Official "First Word that Comes to Mind" Thread on: June 23, 2013, 03:55:12 AM
Spook
8453  Other / Off-topic / Re: Millionaire High School Scam Artist on: June 23, 2013, 02:53:28 AM
https://twitter.com/ColeBartiromo his twitter mentions nothing about bitcoins, it seems he is more into baseball. Maybe someone should tweet him bitcoins?

cole bartiromo commented 2 months ago
While I am a reformed ex felon, infamous for running the largest pyramid scheme for a minor in high school (see my videos) I see no reason why I should not come out of retirement to scam everyone that uses bitcoins because bitcoin users consist of scammers, gamblers, drug dealers and worse (child porn peddlers, etc). Since bitcoins are virtual and governments do not recognize this, I do not see what charges there would be for stealing as many scumbag bitcoins as possible. Thoughts?

I am so frigin jelly. He's just a kid and was able to do this. Imagine what he could accomplish if he ran for political office.
8454  Other / Off-topic / Re: The Official "First Word that Comes to Mind" Thread on: June 23, 2013, 02:44:26 AM
Fag
8455  Economy / Economics / Re: A Resource Based Economy on: June 23, 2013, 02:37:46 AM
Bumping this up for further discussion.

At the beginning of this fine thread Nefario the scammer said, "The fact that bitcoin cannot be manipulated and diluted the way that fiat currency can is a big bonus and helps prevent governments or other groups stealing wealth by manipulating currency." Does anyone still believe this to be true. Perhaps he just meant he wanted the opportunity to steal all wealth for himself.

Atlas, the forums renowned nihilist super genius believed, "Money is a tool that allows people to easily convert their labors and goods. It's an essential tool that allows for wealth creation otherwise bartering would add an unsustainable amount of overhead." Quite an observation for a screwed up 16 year old kid with suicidal tendencies from Texas.

Are either of these observations correct? Would you side with the common thief over the junior nutball?

Both. It is true, you can't manipulate Bitcoin. You can manipulate the perception of it, and lie about where it's going, or how you're about to affect it, but that's typically at a great risk and cost to the manipulator. E.g. pushing up prices with tiny buys runs a huge risk that new sellers, seeing a good deal, would just over-sell to you, making you sell all your coins for a really shitty price. Manipulators can't actually manipulate Bitcoin by changing any of its fundamentals though, the way manipulators of fiat are legally required to. And Atlas is correct, too, that money is nothing more than a more easily used barter commodity that's used as a tool to make trade easier. Without money, you would see the same capital accumulation and commodity market manipulation you see now. You could even ease barter by keeping logs of who owes whom, so for instance, if i need your bread, but all I have is a cow, and we all agree that one cow is worth 250 loaves of bread, we can trade my cow for your one loaf of bread, and keep a public record that you still owe me 249 loaves. No money required, but much more complicated to do.

As for hoarding wealth, hoarding doesn't make wealth go up, producing wealth makes it go up. For example, people hoarding bitcoins did not make Bitcoin prices go up and became wealthy because Bitcoin was being hoarded. They got wealthy because there were a lot of other people, and the hoarders themselves, who were making the Bitcoin economy as a whole go up, either by building Bitcoin businesses, or by getting new people to use Bitcoin by convincing them off its benefit. The only reason Bitcoin hoarders became wealthier is because a lot of people had their lives be improved thanks to Bitcoin. If that weren't true, then new people would not have had a reason to use Bitcoin, new users would not have entered the market, and price would not have gone up.

Very nice and accurate description of each circumstance. So, do you agree with the Zeitgeist Movement that a resource based economy can work?
8456  Bitcoin / Bitcoin Discussion / Re: Why are people so obsessed with Amerifags when talking about Bitcoin? on: June 23, 2013, 12:13:18 AM
Bitcoins will belong to that 24% minority pretty soon. Well as soon as it takes for the US Nazi party to choke off any means of exchange to dollars.
8457  Bitcoin / Bitcoin Discussion / Re: MtGox no longer the standard for exchange rate on: June 22, 2013, 11:56:02 PM
You can't use US$ for Gox or Bitinstant. Do any of the other exchanges seem to be having problems with the dollar?
8458  Other / Off-topic / Re: The Official "First Word that Comes to Mind" Thread on: June 22, 2013, 11:43:52 PM
Lemonheads
8459  Other / Off-topic / Re: The Official "First Word that Comes to Mind" Thread on: June 22, 2013, 08:54:56 PM
Crate
8460  Economy / Economics / Re: A Resource Based Economy on: June 22, 2013, 07:47:42 PM
I don't attribute myself to it, but I can understand that from a Libertarian perspective I can be viewed as such.

There are things in socialist schools of thought which I agree upon as well as many I disagree upon.
But if you ask me this question in a real debate I'd probably say: "Yes, I am socialist! *eg*"

Well then I can agree with you. I appreciate many socialist ideals but in practice they don't seem to work.
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