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1  Other / Beginners & Help / Re: SR $100k+ bitcoin scam on: May 03, 2012, 05:15:31 PM
Not surprised. I only auto-finalize on purchases under $30 with trusted vendors.
2  Other / Politics & Society / Re: Mitt Romney(president) and Ron Paul (vp) on: April 30, 2012, 01:45:25 AM
If you actually listen and understand what Romney says you will see he follows Paul almost 100% on economic issues,  except for ending the fed and supporting the bank bailouts.  On social issues they are similar, federal government should not be involved.  They are both from the working sector.  They both have character.  Both understand that people work at corporations and stockholders are people.  They understand the importance of the choice in the private sector as oppose to planners in the public sector.   Both oppose unions,  that they prevent people from getting jobs there.  Both support a strong defense at home.  

I support both Ron Paul and Mitt Romney.

I'm not an alcoholic, except for 3 beers a night and passing out in bars on the weekends.
3  Economy / Economics / Re: Current Bitcoin inflation rate = 35%. Price = stable on: April 06, 2012, 05:38:34 PM
U.S dollar inflation rate is more like 8%, the government statistics are fucked up.
4  Economy / Economics / Re: The early-adoptor unfairness on: March 15, 2012, 09:37:38 PM
It was going to happen sooner or later anyways Wink
5  Economy / Economics / Re: The early-adoptor unfairness on: March 15, 2012, 04:30:30 PM
Can this discussion just stop? This horse has been beat to death already -.-
6  Economy / Speculation / Re: Poll :: When will Bitcoin reach $1 Billion total value on: January 05, 2012, 05:27:39 PM
1b: May 8th, 2013
7  Economy / Goods / Skyrim Windows DVD on: December 25, 2011, 09:23:44 PM
7 bitcoin for it. Unopened. I'll cover shipping.

http://www.bestbuy.com/site/The+Elder+Scrolls+V%3A+Skyrim+-+Windows/2095222.p?id=1218309073504&skuId=2095222
8  Other / Politics & Society / Re: How much does investing in education of less fortunate pay off? on: December 24, 2011, 03:53:51 AM
FreeMoney hit the nail on the head...
9  Other / Politics & Society / Re: How much does investing in education of less fortunate pay off? on: December 23, 2011, 12:23:45 AM
So I'm in Chicago. A major perception here is that the corporatism/cronyism of city politicians is contributing to these problems. People in poorer neighborhoods like Pilsen (mainly hispanic) pay their property taxes, etc to the city. This money then gets put in a general fund and is used to develop and maintain areas elsewhere (in the well-connected "rich" part of the city) rather than improving the neighborhood it came from. On top of this, many property owners in Pilsen are unable to pay lawyers to explain the tax code to them and so are unaware of many exemptions, etc. The overall effect of this is draining wealth from the poorer neighborhood into the hands of well-connected property developers.

Meanwhile, the people/organizations benefiting from the use of the public funds elsewhere (ie rise in property value) are able to build up wealth. They then start seeing the cheap property in Pilsin and begin buying that up, putting up more expensive housing (for "artists and college students") and forcing out whoever was living on the property to begin with (who never got to use their tax money to invest in projects that would improve lives of themselves and their children). Thus the process of gentrification begins.

So, amongst many, the current attitude is that "community organizing" is the way to go. Larger governments just keep fucking these people over.

Now, what to do about Englewood? I have no idea. That place is crazy. I've experienced first hand that if you're white and go there, cops and drug dealers and everyone hanging outside the liquor stores give you shit until you leave. I've been told by a first hand source you gotta bring your piece with to take out the trash at night (to scare off the crackheads walking at you down the alley and shit) and avoid certain entrance ramps onto I-290 (people pop out of the bushes and carjack you). It's not that these are bad people, they just live in a fucked up environment and need to be willing to do certain shit to survive.

*edit, second hand account is lawndale not englewood

Politicians are the one fucking the poor over, they are spending their money on things that isn't needed.
10  Economy / Speculation / Re: 12 million ppl will hear about bitcoin very soon on: December 21, 2011, 06:33:17 PM

that's a very inspiring video, seeing as every photo is of a court room >.<
11  Economy / Speculation / Re: $5 Mt. Gox price contest! 2BTC on: December 21, 2011, 02:45:01 PM
January 13th then
12  Economy / Speculation / Re: $5 Mt. Gox price contest! 2BTC on: December 21, 2011, 02:28:12 PM
January 12th
13  Economy / Economics / Re: FRB and Bitcoin on: December 21, 2011, 03:43:34 AM
I understand now. I simply misunderstood the quote thinking somehow it was stating bitcoin could be counterfeited. I guess I was thinking too hard Tongue
14  Economy / Economics / Re: FRB and Bitcoin on: December 20, 2011, 09:13:21 PM
I'm obviously missing something, what does "money supply" mean other than the total amount of Bitcoins in existance?
15  Economy / Economics / Re: FRB and Bitcoin on: December 20, 2011, 09:10:19 PM
I understand that part, but my question relates to the quote that I mentioned. How can Bitcoins be created out of thin air after the 21million cap is hit?
16  Economy / Economics / FRB and Bitcoin on: December 20, 2011, 09:04:26 PM
I was reading on https://en.bitcoin.it/wiki/Fractional_Reserve_Banking_and_Bitcoin and it states "The Monetary Base of Bitcoin is limited to 21 million. But because Fractional Reserve Banking is possible, the money supply of bitcoins (which includes demand deposits) can greatly exceed 21 million."  Huh Huh

How is this possible? Wouldn't that be equal to a central bank printing money out the ass?



17  Economy / Goods / First gen PSP on: December 20, 2011, 02:56:09 AM
Has flashed firmware, 2gb SD card, comes with SOCOM on disk and Worms (just like the old N64 game) on the card. Asking 10btc

http://imageshack.us/photo/my-images/827/20111219203531.jpg
18  Other / Off-topic / Re: My signature space goes to funniest post in this thread on: December 11, 2011, 01:41:47 AM
Women are like condoms, they stay in your wallet longer then they do on your dick.
19  Economy / Services / Selling sig space and Facebook posts on: December 10, 2011, 08:10:01 PM
PM me with your bid on the signature space. The Facebook posts will be posted on my account with ~230 real friends that I know IRL. The cost is .5btc per post, with a max of one post a week. Act fast!  Smiley
20  Other / Politics & Society / Re: As a 17 year-old libertarian: on: November 24, 2011, 07:38:39 PM
http://www.craigsteiner.us/articles/16
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