"Bitcoin is our currency, but it is your problem" ... fits about here I think.
Lol! Best post of the month year ! |
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i've been saying this for a while.
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Ah, the chicago school of economics... Fascist scumbags, brainwashed idiots, and psychopathic criminals.
I will contact them again. I spoke to them in 2011 and was invited to come back. Let's charm them, not hate on them. If they can be brainwashed once, then I can do it to them also.  http://www.chicagobooth.edu/alumni/events/showEvent?eventId=2868Look at this. which one is you? |
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it wasn't that awful.
the author is just ignorant.
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In a race to harness the most computing power it would be essentially those who control the world versus those who actually make up the world. Which side do you think wins?
i like the way you put that. |
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You can't be serious. We will have some information because we'll see some significant improvements on the infrastructure. I don't believe tens of billions of dollars will flow into Gox to buy bitcoins, at least not in its current incarnation.
They wouldn't just be sending money to Gox. That would be the fastest way to raise the price, and they would have every incentive to try to hide the fact they were accumulating BTC. They would use a bunch of different techniques, starting with the purchase of several million dollars worth of ASIC hardware. Next they should hit up local bitcoins and buy as many coins there as possible, no worrying about losing 20% to fraud. That action would affect the Gox price, as some people would be using Gox to hedge and otherwise enable the trades, but that strategy would drive up the price far more slowly than buying the coins directly on Gox. They may even dump coins on Gox and buy them back OTC. i can see them complying with AML/KYC. |
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Thoughts?
This gives me warm fuzzies; a University of Chicago professor speculating about how a wildly successful Bitcoin might affect the International Monetary Fund! I don't really care what is said, just the fact that Bitcoin is being talked about in the elite Ivory Towers is a very good thing. Amen. You have to fly high to be on radar. |
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The Daaash for Digital Caaash  |
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why not? I thought Bitcoin suppose to connect the world
potentially losing the world's reserve currency status is never a good thing. |
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"Mr Bharara classified the Liberty Reserve indictment as "an important step towards reining in the 'Wild West' of illicit internet banking."
"As crime goes increasingly global, the long arm of the law has to get even longer, and in this case, it encircled the earth," he added."
megalomaniac.
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Sorry for your trouble but i hope you bring your wife a nice present... she probably will feel like shit now... knowing that she destroyed something valuable... all those potential new dresses! gone... |
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