Thank you, Masha and Joe, I appreciate you guys hearing me out. To be fair, the Dems are just as complicit with corporate/elite pandering, honestly it's worse, given they are supposed to represent the people. The Clintons are no angels, I will be clear. I just think they are financially corrupt (Bill is a horndog), but not like, sex dungeon corrupt. I don't blame rich people for being greedy assholes, I expect it LOL. But I will concede, and y'all need to quote this, Hillary Clinton was a poor candidate, acted dishonestly concerning the election (they cheated Bernie bad, and it should have been illegal), and is a perfect example of the fiscal corruption I was talking about.

If I could, Id buy y'all a beer

I looked back at your post and had a good chuckle You were right on the money, less that a year ago.

1) This is what banking fees on low value accounts typically amount to. If you keep less than 1000 dollars in the bank,  you will pay out the wazoo in fees, to justify/profit from your deposit.

2) We are repealing Dodd Frank as we speak. Why that's a good idea, I don't know, but if banks don't have regulation and don't carry adequate cash reserves, we move into:

3) good luck running a bank nowadays. It will simply close they don't keep a whole lot of cash on hand, you have to notify them in advance now if you are making a substantial withdrawal, lest they give you a cashier's check.

4)ACH/SWIFT

5) Owe back taxes. At some point, they will freeze your account, take the balance, and incur a charge off fee on the 'compromised' account. If that isn't enough, they will come for your wages.

We didn't even need to reject cash completely; the reliance on ACH and debit/credit have ushered in a quasi cashless society already

Methinks the volatility is honestly just a bunch of bullshit this is like the most heavily manipulated market you can participate in; no regulations and it doesn't take a lot of fiat to manipulate some of the exchange. Just deep pockets or coordinated selling/buying. The price moves so much because the investors are so inexperienced, and professional traders are making a killing off of inexperienced traders that are reactionary and undisciplined. It alsooves because whales want it to move. Mark my words, the price of bitcoin is being depressed until corporate American can buy in. It will quickly become fully regulated, and the price will soar. Lobbies will see to that. Otherwise, it will be an alt, mostly ETH.

There is no agreed upon way to value a bitcoin. Hence, a price borne completely on speculation won't be very stable.

Agreed. It will recover, eventually. I believe this event will cause a serious drop in the price, for a while. I think we may see ETH surge in value, as it has become a 'safe haven crypto', along with LTC, ZCASH, XMR and XRP. They tend to pop when btc goes up or down; I think it's capital flight, or people using those networks to get around the congestion that always comes with a surge in price. If ETH pops, the ERC20 token gang will pop as well; people may retreat into these assets as they are more akin to stocks than coins, and try to wait it out. But essentially, I see a lot of capitalization moving into alts from BTC. Bitcoin won't die, it may have a bad week or two. Cheap coins IMO

In the case of a traditional market financial crash, bitcoin might not be the best option as a safe haven asset. Consider: not too many places actually accept bitcoin, they facilitate bitcoin remission by accepting fiat in exchange for your bitcoin, from a third party exchange. If fiats are disrupted, so would your ability to convert to a fiat through one of these payment portals. You would be worth a lot on paper, but the challenge of converting that virtual value to real world value might prove daunting in such a financially troubled time

Stick to physical stores of value in times of crisis. Precious metals, goods and tools, and land. You can always sell them after said crisis, they most likely will have appreciated

Let's define a contemporary Democrats, shall we?


What's not part of being a Democrat?:
Caring about Hillary Clinton

For some reason, the right seems to conflate Hillary with the entirety of the DNC. I'm tired of hearing about her, she lost. I never talk about the team that loses the Superbowl, Im too geeked about the other team winning. Essentially, we usually forget the losers and celebrate the winners, but some reason, Clinton is still a talking point half a year into the Presidency she lost . I'm sooo glad she lost, we wouldn't have gotten Trump. What allowing Trump to become POTUS has done is expose what the GOP has drifted to, in the interest of its corporate sponsors:



I have no issue with these ideologies, as presented, even if I don't agree with them. Im personally all for free markets and deregulation, always love a strong national defense. The quirk comes when you see how these noble pursuits have been perverted by corporate lobbying (it's a D and R thing, tbh).

Supports deregulation, but at the expense of worker and environmental safety.

Supports free market capitalism, but restricts state's rights to sell marijuana.

Fiscal conservatism, but has routinely sought tax breaks for corporations and the elite.

Supports the idea of trickle down economics, but this strategy was implemented and proven ineffective.

Definition: Trickle-down economics is a theory that says benefits for the wealthy trickle down to everyone else. These benefits are usually tax cuts on businesses, high-income earners, capital gains and dividends.

So the guys that would outsource jobs out of the country, even establish headquarters outside of the States to avoid taxes, they are suddenly going to make sure that the value they collect 'trickles down to the little guy' the worker.

I won't hold my breath. The shareholders are the first consideration. It's the law, dammit

Another observation is that it is not really fair to push Christian agendas through government. I'm Christian myself, but everyone isn't. No taxation without representation; and Church and State really shouldn't mix. The mixture of church and state gets you regimes that incept things like Al Queada and ISIS. I don't think I have to explain that additionally.

Jesus said render on to Caesar his shit. Even in the Republic that was Rome, people knew to separate Politics and faith.

We have forgotten our fathers faces

So the critique isn't with the party as much as the agenda. The mission of your party is noble, but your voting base is being used to support policies that harm the very base that votes for it, as well as others.

So, what's your actual critique of Democratic ideology, or are you mad at Hillary, a candidate that didn't win, or Obama, a man who is no longer President? His legacy is being erased as we speak by your party it's the new goal post Obama; dismantle his works. Tax repeal, healthcare repeal, and environmental regulatory repeal because we all want corporations to get tax breaks, less healthcare, and a more fucked up environment.

Yuge.

ROFL, more like an African must have raped his mom, burned some nuns, and shot some kids. On Sunday

A point to ponder, this thread is a perfect example. The rhetoric the OP presents, is this not an example of radicalization? We have a violent intent, factionalism, and expoused means. To me, it's not too many steps from a post like this, to suddenly deciding to grab your handgun, hop in a van, and mow down some folks. But we have entertained this ideology for a few pages of discussion, even as we have decried and ridiculed the OP.

But if this was an ISIS sympathizer, I would have reported him myself we are all complicit

We can change things, but we all have to agree they need to be changed

You are absolutely right he lets the pen do the talking

http://www.cnn.com/2017/05/04/politics/lgbt-religious-liberty-executive-order/index.html


It's called dog whistle politics:
https://en.m.wikipedia.org/wiki/Dog-whistle_politics


Seems to fit

It wouldn't take too much to finish the job time and a trade embargo have started so many decades ago. It's funny the bed mates we choose; we are friends with some autocrats, the ones that have exploitable natural resources or strategically useful positioning. The autocrats that can't offer us gifts don't get to sit with us, unfortunately

I am so insanely curious to see how a Rebuplicans led House and Senate deal with the Puerto Rico crisis. Allowing statehood will ruin the budget; will affect budget reconciliation immensely on top of a wall , increased military spending, and less tax income because of the cuts

I don't think it's a choice once you become part of an undesirable regime, you would think that it would be hard to expatriate, and it's not so easy to get an elected official of of office that doesn't want to go.

When shit like this can go down:

Second premiership (2008–2012)
Main article: Vladimir Putin's Second Cabinet
Putin was barred from a third term by the Constitution. First Deputy Prime Minister Dmitry Medvedev was elected his successor. In a power-switching operation on 8 May 2008, only a day after handing the presidency to Medvedev, Putin was appointed Prime Minister of Russia, maintaining his political dominance.[100]

It's probably a sign the democracy has degraded, and citizens have degraded civil rights. You can't really fight shit like this; the official in question needs to age out of office, or simply be removed

Prayers are requests you can't really demand anything of the Lord, but you can always ask.

The Lord doesn't actively deny you a thing because you don't have it. On the contrary, you have simply not asked for it yet.

And in my personal experience, the Lord will very rarely grant you a wish, that will ultimately harm you. While we are his sheep, sheep must be allowed to roam the entire pasture, despite the snares and pits. With that being said, you don't hand the kids an eight ball and a straw and say 'have fun!'.

And I will go on record as a Christian who has never heard the voice of God. Honestly, it would scare the shit right out of me, at least initially

Get a key man. I have an arrangement where if I should come up missing for a while, one of my close friends will reconcile my estate, that is, liquidate my positions, consolidate the funds, and pass them to the Miss.. He's a fail-safe, the Miss has all of the privilege keys, key phrases and such she needs to turn our digital value into physical value. I implicitly trust this friend and my wife with my life; I would suggest you pick someone that is financially stable, a well known, long time friend, and have someone check up on him

You would trust a lawyer. Trust a blood relative, sexual partner or close friend but be careful.

Where have you been bro? China has been making all if the things for years now

Everything is made in China right now for two reasons. One, they have spent a lot of capital developing factory infrastructure for fabrication. Two, the major reason, is that labor is pretty much fucking free in China. With all that population, the labor market is sodden; the lack of regulation also allows companies to operate with much less capital outlay. Regulations are expensive, what with keeping your environment and workers safe. Fuck that noise, said China, and hence we have a million plastic things that are sold at Walmart and discount stores

And it's not just China, it's where ever in the world you have too many people, not enough jobs, and no government oversight of major industry. There was a time when it seemed like all the clothes were 'hecho en Mexico,', and Cambodia and India used to make a great deal of textile shit for the American market. This was like 15 years ago however, and I don't have nice things

To be fair, China makes some innovative and useful shit. And the phone I'm typing this on is undoubtedly..

Yes, a fucking loon I am Loony for the truth; I'm sorry if that's inconvenient to your worldview.  Añd you would be surprised how many people share my views, at least partially. There might be a whole platform or some shit based around it, I don't know. You would have to get off of Breitbart and the Daily Caller to hear them though.

Your name is Oburkabinladin. I don't have to say anything else

You genuinely seem triggered. Is this a sensitive topic for you? I'm loving it like McDonalds. And yes, that self defense thread would be tits, you should start that for us. I will surely contribute

And Spoetniks contribution to the thread was the most genuine, and the most sane. I presented a talking point for the community to ponder on, y'all put yalls fingers in your ears and tried your best to derail this. I see I hit home, and that's what I like to see. And I also see the mature members of the community. I'm a running fucking joke most days, I'm a laughing type of dude, but I know comedy as deflection when I see it.

And I'm still getting paid for this shit.
 I'm here all night folks

Hell, I say let the kids teach themselves

We live in an information age. There's an infinite amount of information/data available on the internet. Whatever question your kid/s has, he will instantly get an answer by just searching on google. To be honest, I feel as though the internet would do a more thorough job educating about BTC than I do, not so keen on some of the technical details, more of a finance guy.

But seriously, the kids under x age don't really need bitcoin. Lot of shitty stuff on some faucet sites. Besides the porn, half of crypto currency is gambling. Don't know if I would want the kids exposed to unregulated gambling with no restrictions, might foster some bad habits early on

Bitcoin’s blockchain technology, and the open ledger that all can see, effectively cuts out the need for central banking oversight of transfers. Instead of going through banks, Bitcoin exchanges can now function as an instant, automated, and transparent exchange system. The pseudonymous nature hurts this case, but that can be worked around.

Eventually we will be smart enough to use a blockchain, with immediacy, for vital government records that are accessed frequently, like voting, firearm ownership, and criminal records. I would expand into some of the uses for the new wave of ETH tokens, but this isn't an ETH thread. But I think the future looks very bright

I give it a decade

Doh, you are absolutely right. Forgot he was dealing with a paper wallet. Was going to follow his response up with 'you will pay a fee to sweep I think, you might do better to import and simply use the wallet.

And thank you I had never considered the technical difference of an import versus a sweep, they have always been in the same place in my head as they achieve the same function. I see why some wallet architectures might want to sweep, for security purposes.

Fair? The term is quite subjective, however if you're trying to send a million dollars for a little more than a dollar in fees, then why the hell not? Besides, receiving bitcoin wouldn't even require you to confirm your identity as long as the sender sends the btc to the correct address. No invasive identification required, just send the money, pay the fees and you're good to go. However as for micro-transactions, I will be honest and say that sending under x at the moment is an inefficient exercise

Essentially, you have to look at the other benefits of the technology to justify the fees. The low fees used to be a feature

You can do this on most real clients, and a few Android wallets. Look for the 'import private key' or 'import key' option. Scan the QR or cut paste the priv key, and you should be set.

I think I may have even seen a sweep function on one of the popular client wallets. An actual sweep will clear the address and consolidate all the funds on one address.

You can also import that key into Blockchain.info, if you prefer to use a browser wallet.

But I have to ask, why not just send the bitcoin to your new address? Is it a smallish amount, or are the fees looking too daunting?

As stated, the true threat of centralization is the mining, and let's call it, it's Bitmain. We are about to fork because we allowed the mining to become so corporate, so monolithic. The cash grab that was early bitcoin included the asic race. After the dust settled (and friedcat wasn't there), Bitfury and Bitmain rose in its ashes. We embraced it, they sold us those asics as cloud mining contracts and used the front money to build a better asic (they sold us uncertainty). At every step, the community engendered this; we paid for the mining to become centralized. I think asics are the problem, but I think it's too late to switch it up at this point. People have spent GDPs building farms; the community will be slow to unembrace what we just got.