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381  Other / Politics & Society / Re: WTF is wrong with America? on: August 13, 2013, 07:55:19 PM
My grandpa is a doctor. He owned his own clinic and practiced medicine for 30 years or something before going into psychiatry. He saved countless lives and did everything from consultation to surgery. (There wasn't alot of specialization when he was in the business.)
Anyway, the point I wanted to make is he told me when he first got into medicine he had no idea what he was doing. He went to medical school and was the top of his class, but he said that when he first started practicing he relied on the older nurses there for almost everything.
So experience is definitely irreplaceable.

But the other point is, doctors don't need to be perfect, and they don't even need to be the top of their class. Imagine if the government outlawed everything but Porsches. Sure, more people would get a Porsche, but most people just wouldn't have a car.
It's the same with doctors.
382  Other / Politics & Society / Re: WTF is wrong with America? on: August 13, 2013, 07:02:36 PM
Hmm... But what about the NSA? Will they allow it, I don't want to go to prison.
Ask 'em.
Last time my conversation went like this;
-Call random middle east guy.
-"Hey Mr.NSA guy, may I draw boobies on my TV here?"
-"Haha, ya."
- I whip out my whiteout. (Not my penis, you're so immature.)
-"Ahright... And nipple there... Round that like so. Awesome."
(It was so good that every man, and some women, instantly got an erection. The headline in the paper the next week said, "Men get boners." to which Miley Cyrus remarked, "I already knew that.")
Anyway...
-*snickering on the other line* "Did  you do it?"
-"Ya."
-"Take a picture."
- I send the picture to Mr. Random Middle East guy.
- Mr.NSA Guy is laughing, says,"Hey Steve come see this.". Middle eastern guy is yelling some weird stuff on the other end. (They don't speak English in the Middle East right? If they do, their accent is HORRIBLE.)

Anywho, that's how that works here in 'Merica.


As for the whole education thing, maybe I can do a thought experiment. (SCIENCE!)

So we have two societies, in the one society no one is allowed to teach anyone anything. No instruction manuals, anywhere. People might get jobs based on their aptitude for learning, but that's it.

In the other society, everyone has to get a PHD in every job they do regardless of what it is. PHD's in burger flipping, PHD's in hotel room cleaning, etc.

In the first society, we have problems. Whenever someone dies or is replaced either someone that's already worked at that job (or a similar job) needs to be found, or else a total noobie needs to be hired.
Needless to say expanding a business is very difficult, and alot of the same mistakes tend to happen over and over again unless the process is made "stupid proof". (Idiot lights, red tape, auto-shutoff etc.)

In the second society everyone that wants to get into any job needs to have about 16 years of education. By the time a person is hired at the local Hotel, the employee has done an Electron spectroscopy on 20 different types of soap, knows several different ways to wipe off a table (and their scientific name), and at least several dozen ways to fold a towel.
Obviously, this society also has problems that they would have to overcome. The sheer amount of teachers and schools needed would be staggering. Every person from fetus to 24 would be removed from the workforce, and at least 1 more person per 20 would have to be allocated for their upraising and education. Much of the debt on many of these students would never be able to be paid off because the education they got does not translate into an equivalent increase to their productivity. (Lawn mowing, dishwashing, etc.)
There is also a huge lack of flexibility in the workforce. If a business wants to restructure it's virtually impossible.
Everything has to be planned essentially 6 years or so from completion to actually get workers for the relevant job.


While this thought experiment is gloriously silly it demonstrates one very important thing;
Somewhere between that first society and that second society is a line you cross, where more education translates into worse living conditions for the society as a whole.

Notice that in the second society everyone with a PHD gets a higher salary than those that don't have a PHD (Since people without a PHD can't get hired at all.) And that even when the educational system in this society is crushing it, teachers could still tell their students that getting a PHD benefits them.

So we can't just dumbly stand around chanting, "More education. More education. More education." because we always have to be cognizant of that line I demonstrated to you.

How do you "fix this"? You don't. The first society clearly demonstrates that there's a place for educational sources, but the free market can handle it. Cut out all the stupid subsidies, and let people decide what's best for them given the career choice they make. Not be suckered into thinking that everyone needs to get a Bachelors degree in some field or they're not hireable.

And when you look at the "rankings" of educations by country, it's not necessarily the case that the more educated society is better off. They very well could have crossed that line into "too educated".

EDIT:
TLDR:
Knock knock
Who's there
Door says, "NSA"

No education stops technological progress, too much education stops capital accumulation. Somewhere there is a line YOU SHALL NOT PASS.
Free people acting in a free market can decide where that line is.
Don't worry about the stupid "education rankings".

Edit 2: Also, boners were mentioned.
383  Other / Politics & Society / Re: WTF is wrong with America? on: August 13, 2013, 05:23:57 PM
Ya, but when people make those lists, they're doing it based off of "years in school", or do you know xyz (which could be totally irrelevant to their work.) which is why I don't care if we're #1 or #4,384.

Real jobs in the real world don't fit into a neat educational hierarchy.

You go to the nearest university - pass a very complicated series of tests, pay ~200$, and if score is good enough - you get a diploma.
Tests that actually show that somebody knows some skill in particular are fantastic. We don't have enough of that.
384  Other / Politics & Society / Re: WTF is wrong with America? on: August 13, 2013, 04:07:21 PM
DumbFruit's Resume
Name: DumbFruit
Education: Doesn't matter
Yep, word for word.

Don't say what Americans believe when you aren't even right. Most Americans do believe in education, and it is a minority that don't.

http://www.publicagenda.org/press-releases/index.php?qid=27
http://pdkintl.org/programs-resources/poll/
With the public education system shoving "education is important" down your throat year after year for a decade, and public school teachers showing us how much more money people make with degree's, and telling us how high school is just to prepare us for college, it's a wonder that anyone in the United States has enough critical thinking skills to say that maybe "education" isn't the most important thing in the world. I mean, those kind of people must be like the top of the top, the one's with the biggest brains and dongs, and get all the girls. They must be intellectual giants, raining down brilliant insights and critiques upon their inferior peers. Just out and out pretty cool guys.

But ya. If you want to see a subject in the United States that has propaganda, look at education.
Ever increasing subsidies, increasing attendance, increasing diplomas, and increasing salaries for college professors all because "education" is important.
Meanwhile we have increasing numbers of dropouts, increasing college debt, increasing tuition costs, and overall a less educated society for our efforts.
Why? So people can have pretty pieces of paper from fancy insitutions? (Much like discharge papers from an insane asylum.)

Why don't we just cut out the middle men and give everyone a Ph. D at birth?

See, the point is that diploma's and ancient centralized structures of learning are antiquated ideas that don't make adequate use of the technology we have available to us today. Getting information out to people isn't hard anymore. Lecture's aren't valuable when you have video camera's. Books aren't useful when you have the internet.

If you want to learn something, don't get an "education". Get a skill. Learn something you can actually improve the world with. You don't need a balding leftist troll in an ancient building telling you bullshit and charging you an arm and a leg to do that.
385  Other / Politics & Society / Re: WTF is wrong with America? on: August 13, 2013, 03:35:15 PM
Isn't that illegal?

Only when I do it at the TV store.

But maybe you should care, since I didn't have to make up that number or look it up.
Wow!
I bet when you put that on your resumé, your employer was very impressed.
386  Other / Politics & Society / Re: WTF is wrong with America? on: August 13, 2013, 03:05:29 PM
Oh wow, no boobies on TV?! I will never visit America!
I just draw boobies on the screen...
387  Other / Politics & Society / Re: WTF is wrong with America? on: August 13, 2013, 03:02:10 PM
Holy crap, he's on to me, I just made up that number. Welp, it's time go into hiding.
388  Other / Politics & Society / Re: WTF is wrong with America? on: August 13, 2013, 02:54:31 PM
Hi American here I just wanted to clear some stuff up,

1.) Most people here are not religious fundamentalists. Most people claim to believe in "a god", but their god's traits and personality conveniently happen to form fit to the bearer of said beliefs.
This is how it goes down pretty much; One person argues his bible says this and such, the other disagrees, takes a black pen, and blacks out that line from the bible, and the other one does likewise until they both have a bible they're comfortable with. Which ends up being a few lines like,
"“You shall not commit adultery [if your marriage isn't working out. I mean, who are we to judge?]." Exodus 20:14
 
"You shall not [can] lie with a male as with a woman. It is an abomination [no big deal]." Leviticus 18:22

“'Why does he eat with tax collectors and sinners?'” -Pharisee's

 “It is not the healthy who need a doctor, but the sick. I have not come to call the righteous, but sinners. [And what's wrong with eating with tax collectors? They're totally cool with me.]” -Jesus
Mark 2:13-17

2.) I didn't have any fluoride in my water, and I'm... An anarcho-capitalist... on bitcointalk... Totally unrelated, SHUT YOUR FACE HOLE.

3.) No one can stop anyone from marrying anybody or anything anywhere for whatever reason. The real debate, though nobody realizes it, is whether or not people should get tax breaks for their personal relationships.
On the one hand less taxes for the government is awesome, on the other hand, is it really ok for the government to sanction certain relationships over others?

I say either let everybody put their spouse down whether it's a man(s), woman(s), or goat, or else get rid of government endorsed marriage altogether. (Against straight marriage!!!)

4.) Your government sucks too. You're seriously delusional if you think you're government has all of your best interests at heart and isn't intrinsically a morally bankrupt institution like every other government (including the US government.)

5.) Education is totally overrated. For the most part it's not necessary. Get rid of all publicly funded education and let the free market market decide what kind of education is needed. Could be more, could be less. I don't particularly care if we're #1, or #543.

6.) Attrition is the best way to beat any larger force. When you have a gigantic army that you move into a hostile environment you have to maintain supply lines. Fuel, ammunition, tanks, helicopters, jets, and bombs. That's expensive! A cleverly run guerrilla warfare at home can make it so economically costly and demoralizing that an invading army just can't keep it going for more than a few years unless they just want to out and out commit genocide on the entire United States.
Look at how Che Guevara took Cuba, or the Vietnam war, or the revolutionary war.

That said, having an armed populace is very very important. People always say civilian weapon's are useless against an army, but it's just. not. true. There's a reason why Mao, Hitler, and Stalin all favored a disarmed general population (Particularly targeting political opponents.), and it's not hard to see why!


http://www.mercyseat.net/gun_genocide.html
389  Economy / Scam Accusations / Re: TradeFortress VERY untrustworthy, owes me 10.15 BTC, possibly others. on: August 12, 2013, 03:09:10 PM
It's really exciting to see theory tested. I've stayed well clear of Ripple for this exact reason. As TradeFortress puts it; trust isn't binary.

This concept in Ripple is central to it's usefulness and it just doesn't hold water. These objections have been brought up since it's inception and it's only been met with constant hand-waving by the Ripple developers.

Even debt at Banks like Chase or Bank of America aren't interchangeable. The whole idea of Ripple is that if Chase promises to redeem 100$, then Bank of America will redeem 100$ and hold the IOU from Chase. That's completely outrageous.

Imagine that we somehow got to a point where Ripple was the dominant exchange platform in the world, and regularly handles transactions on the order of hundreds of millions of dollars. You mean to tell me that we're just suppose to trust notoriously untrustworthy banks to never have less than 100% reserves? That a gigantic bank is never going to default and renege on it's IOU's? If we trusted banks this much, then why did we ever bother with Bitcoin?

The constant inclination in the system would be to move debt of untrustworthy institutions, to trustworthy institutions. Putting the bad debt on the balance sheets of the good banks.

The developers of course continue creating their mountain of rules and caveats to inexorably chip away at the problem, but what they don't realize is that they're chipping away at their central premise; That of interchangeable debt. Once they totally abandon that idea, they'll have something that works, but when they get there, what will be the point?

A peer to peer trust-free medium of exchange?                                                            (BTC)

Edit:
ROFLMAOPIMP
Webr3
This is where this started??:
https://bitcointalk.org/index.php?topic=210634.20

Where you were WARNED REPEATEDLY in a thread totally about TradeFortress "scamming" people and then you lost 10btc anyway? He gets your bitcoins back to you, you are warned again, and you lose them in exactly the same way! Holy cow! LMAO!!!

TradeFortress should have kept your bitcoins, and you shouldn't parading around in your dumbassity*  trying to attack TradeFortress' reputation.

Wow. I have to step back and cool off from this. This too hilarious/dumb/incredible.

*That's a word now.

Edit2:
"Okay, why should I remove the trust line? Have you extend trust to people who are untrustworthy?" -Webr3
Ahahahahahaha. Wow.

Edit3:
Ahem... Now that I've had a few deep breathes. Sorry for your loss, but it's a problem with Ripple, not TradeFortress.

Edit4: Realized they never really made any serious effort to address the problems.
390  Economy / Service Discussion / Re: What do you guys think of BitEnsure? Interest Bearing Wallets on: August 12, 2013, 10:13:31 AM
The best case scenario is that somebody is gambling with your deposits.
There's always some "gambling" in any investment. I'll also note that it's not 27% in 90 days, it's 27% APY, which is radically different. It ends up being about 5% over 90 days.
It's not unheard of in Bitcoin to make a smart short and make 5% in a single day. I've done it myself, and I'm terrible at speculating.

While not without risk by any means, the difference between BitEnsure and CoinLenders is night and day.
BitEnsure was made by Some-Unknown-DudeTM, CoinLenders was made by a well known member of BitcoinTalk with a long history.
BitEnsure started as up to 40%/3 months or 384.16%/APY (Static), the best return you can get at Coinlenders is, again, 27% APY which goes up and down, according to him, to meet what he thinks is a reasonable return given the market conditions, the status of his investments, etc.
BitEnsure used SSL to secure information, whereas TradeFortress uses SSL and two factor authentication, through two websites, requiring a thief to bypass the security of both sites in order to steal anything.
BitEnsure had lots of misleading information, including fake employee's, hiding the LLC status of the parent company, fake "We are hiring page", insinuating that there is a physical office which doesn't exist, etc. CoinLenders has no such misleading information.

As far as I can tell, TradeFortress is going to do what he can to make good on the yields that he promises. Does that mean there's no risk/"gambling" involved? Nope.
391  Economy / Service Discussion / Re: What do you guys think of BitEnsure? Interest Bearing Wallets on: August 12, 2013, 04:32:49 AM
I've looked at all of the "scam" accusations against TradeFortress that I could find, and the accusers have all been untrustworthy or clearly trying to get back at TradeFortress for totally unrelated reasons.
He's been around for more than a year with not one confirmed scam of any kind.
His interest rates, while high, are adjusted based on the loans he's made and the returns he believes he can make in the market.
While he is anonymous to the average person, he is well known in the community, and supposedly there are several people that know his real identity.
He has exposed scams on several occasions, and has paid interest on several accounts at CoinLenders, on one occasion he gave bitcoins to his depositors when his site went down unexpectedly.
The security on his sites are top notch, including SSL and two factor authentication, through two sites. (CoinLenders and inputs.io)
He has been up front about the risks of entrusting bitcoins with him, and he has made great effort to avoid regulatory problems through clever wording. ("Vouchers", instead of interest payments. And his disclaimer is particularly amusing.)
There is evidence that he does lend out coins to people, and he has a very high bar for applicants. He requests a great deal of information from applicants, and avoids loans that exchange into USD because of Bitcoin volatility.
Besides not personally knowing the identity of the guy, I don't see any reason to be suspicious of him.

That said, I've bought a CD at coinlenders, and we'll see how it goes.
392  Other / Politics & Society / Re: government opening my packages? on: August 11, 2013, 08:10:31 PM
It's bad packaging. There's no tape along the short sides, Amagi needs to start taping all sides. Apmex does this.

Whether or not someone was snooping is up for question precisely because of said bad packaging.
393  Bitcoin / Hardware / Re: ► ► ►HashFast Endorsement on: August 11, 2013, 05:59:31 PM
As edifying as your discourse on monopoly may be, wtf does it  have to do with HasFast?
Fair enough... I just don't like to let those things go. Cheesy
Carry on..
394  Other / Politics & Society / Re: Politics does not matter. Only power. on: August 11, 2013, 05:58:08 PM
Haha... Sorry Elwar... And thanks Anon136.

I'll leave I at that.
That's where all the copper was going:  Child Pronz! Angry
rofl

I was very clear and concise in my first post. One merely needs to stop being an idiot for the minute in which it is read. In fact, I even counted on non-idiocy while one reads it, so the conversation could proceed efficiently from there. I expected too much.
Whatever dude...
395  Bitcoin / Hardware / Re: ► ► ►HashFast Endorsement on: August 11, 2013, 05:46:53 PM
That is assuming the entity becoming a monopoly being and staying a good actor.

No, it isn't at all assuming that. Freedom of entry means that if a monopolist acts dishonestly, a competitor can unseat him.

A government monopoly is an entirely different animal from a free market monopoly. Government monopolies hold their position through the use of coercion. Free market monopolies (Which never have 100% market share) hold their position by outcompeting anyone that tries to take their market share.

The old fallacy that you might bring up is that a monopolist can push their prices to the floor in order to undermine their competitor, but by definition this action must hurt the monopolist more than the competitor because the monopolist has a much greater market share.

An action that a competitor can take against this is to simply  buy the product the monopolist sells low, wait for the monopolist to raise prices again, and then sell.

Suffice it to say that this is a deep subject, and the ghosts and gouls that surround the concept of "monopoly" are mostly just that; ancient and pernicious myths and legends. With one exception! Government enforced monopolies are a bad thing.

I encourage you to study monopolies at the Mises institute. Here's a fresh video from Thomas DiLorenzo, it's like destiny, or something!*
https://www.youtube.com/watch?v=WSVR9xJ-1Vc

*Edit: Fresh from last year haha.
396  Bitcoin / Hardware / Re: ► ► ►HashFast Endorsement on: August 11, 2013, 05:05:45 PM
There is nothing wrong with monopolies if entry into the market isn't stopped coercively and they only got their monopoly status by out-competing their competitors.

What's wrong with a monopoly if it's providing the service you ask for at the more efficient price?

"Freedom of Entry" is the most important thing in any market, not decentralization.

http://mises.org/freemarket_detail.aspx?control=384
397  Other / Politics & Society / Re: Politics does not matter. Only power. on: August 11, 2013, 04:58:14 PM
Please, you have to look at real world examples, not textbook theories.
Peak copper...
Copper falls outside the domain of our dialog.

This couldn't be anymore cut and dry. You wanted examples where the free market handled scarce resources without using them to exhaustion. I gave you two examples, and you pretend it's not relevant to the discussion.

You're either trolling me, stupid, or you're not very good at English. Take your pick.
398  Other / Politics & Society / Re: Politics does not matter. Only power. on: August 11, 2013, 04:03:31 AM
Wouldn't it be nice if it worked like that in the real world? It doesn't. Do you understand that? Please, you have to look at real world examples, not textbook theories.

Sure thing. Peak copper...

Copper falls outside the domain of our dialog. Why are you bringing up copper? Once again, it appears you're suffering from reading comprehension. Maybe you should start back at the beginning of our conversation?

Are you being serious right now?

Does anyone else think my response wasn't appropriate to what he was asking?
399  Economy / Service Discussion / Re: What do you guys think of BitEnsure? Interest Bearing Wallets on: August 11, 2013, 12:56:46 AM
I guess it depends on how pessimistic you are, but I don't think Metaneural was a scam. At least not to begin with.

There's no way to really know for sure.
400  Economy / Service Discussion / Re: What do you guys think of BitEnsure? Interest Bearing Wallets on: August 10, 2013, 11:22:00 PM
Mission accomplished.

I hope you get your bitcoins back...
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