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1  Other / Off-topic / I want to whore off my signature again... on: October 20, 2013, 03:30:34 AM
For the money, you know? But the minor dilemma is that I kind of like having freedom and control over my own signature! OTOH, TradeFortress's deal of 240 mBTC for a month's inputs.io advertising (in conjunction with my inputs.io username) is seriously tempting...
2  Economy / Economics / Mind The Gap: a NZ show about inequality and the financial crisis on: October 13, 2013, 12:23:57 AM
A friend just Shared this program narrated by journalist Bryan Bruce. It has a hint of leftist bias but it is very reasonable. Here is my contribution in reply. It is in some ways a very subtle pitch for bitcoin that never mentions bitcoin by name but focuses on PMs and the immorality of central-bankster inflation instead.

Quote
Thanks <name obliterated>! I clicked on this video just out of curiosity and initially expected something heavily biased around one particular political agenda, but the political bias is not that bad, and there are some interesting points raised. I ended up watching the whole thing!

As a strong supporter of Austrian economics and REAL free markets and individualism, there are lots of things I might want to talk about. One can question the wisdom of a system in which a working man on a low wage is paying $100/week in taxes yet receiving $125/week in State 'benefits' (notwithstanding the cost of running the entire bureaucracy overseeing such a system). Or debate the morality of 'tax evasion' (is it stealing? Or preventing the State from stealing?). Or wonder why people living almost hand to mouth are raising three or more children. But I don't particularly want to discuss those in depth right here. The most important point follows thus:

I THINK THE CRUCIAL PART OF THIS PROGRAM STARTS AT 18 MINUTES IN, where that economist points out rightly that 'neo-liberal' economics is NOT free-market capitalism. That is really important. The banksters and large favoured corporations got to keep their profits but socialize their losses when they messed up (via bailouts). It took me years to figure out that 'neo-liberal' economics as practiced by Reagan, Thatcher, NZ Nationals, etc. is not about privatization and free markets, but effectively divvying up assets to officials' corporate friends.

In a free market, also, the 'social business' concept can work perfectly well. If you want to run a not-for-profit business, that's wonderful. But it's also fine if a competitor runs a more efficient operation that turns a profit by attracting more clients.

One thing that was hugely overlooked (unsurprisingly) is the great elephant in the room, the banking cartels and the central banks as 'lenders of last resort'. The RBNZ may be a small cog in the global bankster cartels, and thankfully New Zealand doesn't go blowing up foreigners to engage in petrodollar warfare, but nonetheless the NZD suffers the same problems as all fiat monies: inflation. When a central bank prints (or 'prints') new money, it benefits those who get first use of that money, which is mainly that same cartel of large banks. The currency debasement (inflation) hits ALL holders of that currency, e.g. those with savings in fiat in a bank or even cash in a drawer! (So old folks who keep cash in their homes because they 'don't trust banks' ironically are trusting banks just by holding cash instead of, say, precious metals.) In other words, when any central bank, including the RBNZ, expands the money supply, it constitutes a serious transfer of wealth primarily from the 'struggling classes' mentioned in the program to the 'very rich'. It is also utterly immoral, far more dishonest than normal taxation (where you see clearly you are paying the tax). Furthermore, the culture of excessive debt is subsidized and permeated by central banks and inflation, because the true market price of borrowing and lending is suppressed. Subsidize debt, you get more debt. (And the thrifty who choose to save in fiat currency without investing in or speculating on hard assets, stocks, etc. are in no uncertain terms bailing out all the reckless debtors, including banks who doubled down one time too much gambling on whatever risky derivative was taking their fancy that day.) I was thinking the other day 'if I could change one viewpoint of my left-leaning friends, what would that be?' and the answer is this: not changing their minds on the virtues of the welfare state, or appropriate levels of taxation, size of government, certain social policies (though we probably agree on many things there), etc. but to convince them that privileged central banks such as the Fed, Bank of England, ECB, RBA, RBNZ, etc. are REALLY BAD, in fact one of the root causes of a lot of evil and suffering. Actually this isn't even about left versus right really: I wish more people would believe and accept this regardless of their general politics or other views. When Marco Polo returned from China, the Europeans famously burned the paper money samples he had brought with him. That may have seemed retrograde, but in fact they had the right ideas: we would be a lot better off if we had eschewed laziness/paper-money convenience in lieu of continuing to use physical gold and silver coins and bars for grassroots trade.

<name obliterated>, one thing I keep seeing in my Facebook 'stalker' area (the right of the screen, in and below the ticker bar) is that you Like the Waihi timebank. Time banks are a great idea, very popular in places like South America, and effectively constitute a localized form of 'hawala' or person-to-person non-fiat credit, a way that helps communities work together through voluntary coöperation without the interference of corrupt banksters. As a voluntarist, these types of community program please me as much as any quality charity.

One more little thing: if NZ was anything like the UK, the average family wasn't really better off in the 1950s, far from it. The real (inflation-adjusted) costs of food and fuel were not lower back then, and many British homes didn't even possess indoor sanitation! But many of us like a bit of nostalgia. Smiley

Thanks very much for sharing! Smiley

TL;DR: I can't watch a 45-minute topical video without some kind of reasonably long commentary. - Ed.
3  Other / Off-topic / Knowing that the "Winklevii" allegedly own 1% of all BTC... on: October 11, 2013, 03:26:04 PM
Makes me glad I'm invested in LTC. Grin Though maybe the Winklevii are in LTC too?
4  Other / Beginners & Help / Noob-jail blues on: September 27, 2013, 12:05:30 PM
Here you lie in newbie jail
More painful and worse than Twitter's fail whale
Browsing for hours and posting crap
Just to escape the noob-jail trap

Post a story, a Bitcointalk gem
Just so you can send a PM
Time to oil those trading wheels
To start some online shady deals
aka scams!

Bitcointalk rewards the gracious
From raw young noob to satoshi
Or even casascius
You don't have to manufacture "bitcoin" to be here
But play your part and you'll be one to revere

Post spam and junk, you'll burn and fail
And karma or moderators, take your pick
Will act more swiftly than goddamn quick
To zap you before you quit newbie jail

These are thoughts for those noob-jail blues
Don't let 'em step on your noob-jail shoes

1A7gzAK2oHeu3ZkRnHhxAmaecHCTnwdewx
5  Other / Off-topic / What is it about Australian women that you like the most? (฿0,05 prize!) on: September 26, 2013, 12:35:08 AM
Over on AGATB now, and there's a BTC0,05 prize for the best answer!
6  Other / Off-topic / Guilty until proven innocent; Bitcoin user not affected (BUNA)! on: July 04, 2013, 05:14:34 PM
Car discovered with €550.000 in spare wheel - Luxemburger Wort English
7  Economy / Speculation / Let me be clear! on: May 02, 2013, 06:42:33 PM
(OT: none of my friends really believe I look at all like President O'Bummer. I always thought I look a bit like him, however.)

Remember, folks, the blockchain is doing well during this holiday selloff. Unless you're actively involved in a bitcoin trade (bid, ask, purchase tangible goods whose price is fiat-indexed) in the here and now, the exchange rate posted on Gox et al doesn't matter one jot. I know, it's hard to absorb at times, for almost all of us, I surmise.

And, even if we dip to 40 bucks in the coming days or weeks, never forget this:

Bitcoin >>>>>>>>>>>>>>> Bankster Paper.

Over and out. Smiley
8  Other / Off-topic / 1000! on: April 18, 2013, 11:51:56 PM
My 1000th post, that is, haha! Grin

I've also been logged in for more than one month on Bitcointalk. This is a clear sign I either need to get a life - or, alternatively, get some more BTC! Grin

*chink!*
9  Other / Off-topic / Just made a purchase at Namecheap... on: April 04, 2013, 10:57:03 PM
With bitcoin of course! Nothing else will do. Smiley

Who says peeps hoard during bitcoin bull runs?!
10  Economy / Economics / The psychology of bitcoin prices on: February 11, 2013, 12:27:23 AM
Stated recently by one of my G+ peeps:

Quote
What gets me the most is how going from Dollars to BTC is at a terrible ratio right now.  You pay to transfer fees.  As Dave knows, last week I spent $50 on 2 BTC.  That is why I looked into mining.  There appears to be no easy way to get BTC.
(emphasis mine)

I don't know how widespread the perception is, but peeps are clearly thinking of bitcoin as "expensive" because of the high exchange rate per BTC. It is, however, purely psychological: refer to it as 23c per million satoshi or 2,3c per mBTC and suddenly it looks cheap enough!

Is it time we started thinking of, and routinely quoting exchange rates in, $ or cents per mBTC (BTM) instead of per full BTC? Online gaming is already (voluntarily, intentionally or not) standardizing the mBTC as a common basic token of value. This may help dispel the notion that bitcoins are outrageously expensive. My uncle did admit it sounds a lot cheaper if prices are quoted per 10 mBTC or per mBTC.
11  Economy / Economics / 'We are not "maxed out" of ideas...' - Mark Carney (Bankster) on: January 27, 2013, 10:08:22 PM
http://www.dailymail.co.uk/news/article-2269099/Mark-Carney-We-maxed-ideas-insists-new-Bank-England-Governor.html
12  Other / Off-topic / Now that I've made it to Hero Member... on: January 10, 2013, 01:03:28 AM
I'll need to be on my best behaviour as an "ambassador" to Bitcoin (LOLZ). Somehow, and I'm not entirely sure how, I need to play my rôle in this amazing community. I feel my calling in life, as a strictly single thirtysomething (women, schwimmin), is to promote anarchy and "system D" around the globe, if that is at all possible, and bitcoin surely has to play some part therein?

Anyway, I probably should top up the donations pot with a few more satoshi. No coloured half-coin yet, but maybe some day...
13  Other / Off-topic / Umbilical hernia operation: can bitcoiners help? on: January 02, 2013, 11:44:09 PM
Is there any way bitcoiners could help this cause? If so, who would act as an honest intermediary to handle the money?
14  Alternate cryptocurrencies / Altcoin Discussion / BTC-e LTC withdrawal issue: "Wrong address!" error message on: December 13, 2012, 03:14:27 AM
A quick forum search found someone with a similar issue last year when trying to draw BTC to a valid address and receiving the "Wrong address!" error from BTC-e. I am currently facing this trying to withdraw LTC 98,99 to: LhBsKsZo5z5KAxHc3me2uGXrrDVHStNEEF

Is this just a temporary BTC-e hiccup or am I missing something?
15  Other / Off-topic / Just to say, after 200 posts... on: October 25, 2012, 06:50:01 PM
I love this forum!

I will definitely help out with some kind of donation to the forum as soon as I have amassed a bigger stash of BTC. The vibe here is good, even with scammers scamming scammedly.
16  Bitcoin / Bitcoin Discussion / I posted some flyers in public downtown yesterday on: October 13, 2012, 12:35:09 AM
Trying to promote Bitcoin. The rain will wash them away in no time, no doubt. The temptation was to deface the façades of the big banks with them, but I respect the banks' property (iiish... Grin ) even though they don't respect ours. I'll consider posting a few more strategically.

They take the form:

[text is centered]
SECURE
FAST
NO BANK FEES
(NO BANKS!)
[Bitcoin symbol]
BITCOIN
The New Virtual Gold
Learn more! Visit http://bitcoin.org/
17  Economy / Services / Need documents typed up or proof-read? on: October 11, 2012, 07:01:25 PM
Will type up non-printed/non-scannable documents into .odt or .doc format, BTC0,59/1000 words, English proofreading included.

Special: 50% off for the first customer!
18  Other / Beginners & Help / Thank you Bitcoin Forum... on: October 09, 2012, 04:15:31 PM
...for getting me addicted enough to reach 100+ posts and three coins already. Or maybe I can thank Bitcoin itself. Smiley

As soon as I'm reasonably flush, I'll give very serious consideration to becoming a Donor (at least BTC10?) to this great forum. Thanks guys (female included).
19  Economy / Marketplace / Sounds perfect for Bitcoin... on: October 03, 2012, 02:43:52 AM
Money is whizzing through the airwaves and cell towers of Zimbabwe, as a mobile cash transfer system is on track to become the country’s biggest bank.

Read more...
20  Bitcoin / Bitcoin Discussion / Bitcoin promotion via charity? on: September 17, 2012, 11:55:25 AM
Is charitable promotion an effective way to promote Bitcoin? I mean, if we suggest to our friends that we'll donate X amount to a good cause for every one of them that gets involved with Bitcoin in some way?

The Bitcoin conference just finished yesterday so there are all kinds of ideas whizzing through my head right now on how to help develop this superb currency.
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