They use a lot of buzzwords like anti-ASIC. In fact, the entire project reminds me of the Weird Al song Mission Statement. |
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A beautiful coin, but call me racist or whatever you want but I would be a bit concerned buying a gold coin from China, there is a lot of Tungsten filled bars and coins in China that are tried to be passed off as .999 pure gold. A random person there is not enough confidence for me to be paying for such an item.
Like this? http://www.tungsten-alloy.com/tungsten-alloy-scan-gold-coin.html |
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The female brain lacks the processing power to allow a woman to read, and girls also lack the upper body strength that would allow them to depress a power button or switch for enabling electronic devices. Due to these, and numerous other limitations, girls do not use Bitcoin.
Hahaha. Priceless. |
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It seems most people don't know the difference between private and anonymous. They are listing reasons why they want privacy, not anonymity.
Bitcoin has no privacy (all transactions are public). If you want to reclaim some privacy, you need to be anonymous. Unfortunately, Bitcoin only supports pseudo-annonymity: meaning any anonymity (and resulting privacy) is fragile. Precisely my point. It's pretty much impossible for the common person to be using BTC. There's another thread on here where it's said that your IP address will always be associated with your wallet. There is no personal or IP information in the blockchain. Data mining is futile. The NSA is overwhelmed. This is a typical tinfoil hat argument. |
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It seems most people don't know the difference between private and anonymous. They are listing reasons why they want privacy, not anonymity.
Bitcoin has no privacy (all transactions are public). If you want to reclaim some privacy, you need to be anonymous. Unfortunately, Bitcoin only supports pseudo-annonymity: meaning any anonymity (and resulting privacy) is fragile. You are a good example. The air you breathe is public too. Does that threaten your privacy? |
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I'm talking about Bitcoin 2.0 development that uses Bitcoin blockchain metadata and not alternate blockchains. Those alternate blockchains tend to have substantial development funds to support their own forums and have their own coins for investment. Colored Coin users are already invested in Bitcoin and more interested in promoting Bitcoin itself.
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It seems most people don't know the difference between private and anonymous. They are listing reasons why they want privacy, not anonymity.
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The thing is with the 1% of the bitcoin wealthiest, they don't control the rest of the network.
The 1% of the wealthiest fiat owners control money. They have a monopoly of money, and the 0.001% richest control the instruments that even make money itself (out of thin air and debt).
That's the really big important difference to keep in mind here.
This bears repeating. Remember, that the fiat 0.001% doesn't need to work for their money because it is printed especially for them at your expense. With Bitcoin, the 0.001% must hire you if they want anything and pay you what you are worth at their expense. It won't take long for the wealth to even out if there is a level playing field. I agree with everything in both glendall's and cbeast's posts except the very last sentence. There is no reason to expect that the wealth will even out, i.e. everyone has roughly the same. That strikes me as a highly unlikely scenario; you see nothing like it in nature. Man has dominion over nature. That's what science is for. All I'm saying is that Bitcoin is egalitarian because it is free to spend anywhere and anyway you want without capital controls. This is a great opportunity for third world nations to start getting bitcoins while they're so cheap. |
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The thing is with the 1% of the bitcoin wealthiest, they don't control the rest of the network.
The 1% of the wealthiest fiat owners control money. They have a monopoly of money, and the 0.001% richest control the instruments that even make money itself (out of thin air and debt).
That's the really big important difference to keep in mind here.
This bears repeating. Remember, that the fiat 0.001% doesn't need to work for their money because it is printed especially for them at your expense. With Bitcoin, the 0.001% must hire you if they want anything and pay you what you are worth at their expense. It won't take long for the wealth to even out if there is a level playing field. |
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It's important to me and not only for btc but in general because it isn't anyones business
how much gas I purchase a month. Or How much coffee I consume in a month. as examples
It has nothing to do with illegalities but in knowing that someone knows how boring my life is better than me.
Which is why I pay cash for my groceries and gas and use other peoples loyalty cards.
It's much easier to take your picture from a hidden camera and positively ID you even if you use cash. |
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Why is privacy so important for you? Why is personal space so important for you? Why can't I fuck your wife? Sharing is caring
Non-Sequitur. Do you fuck every wife that tells you her name? |
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I don't wand people to know that I own a metric crapton of BTC. I can barely store them, they just take up too much space. If people are aware of you BTC holdings, you may become the target of people intending to steal them. Also I guess a lot of people may want to hide their BTC from tax authorities.
Your problems are not shared by most people. There are ways to mix bitcoins in your situation. As far as tax authorities, I don't know why they would care about your bitcoins unless you owe them money. I personally think there's no possible way to TAX BTC. I mean we have transfer fees but they're virtually non existent. Walmart charges sales tax. If they accepted Bitcoin, they would continue to do so. Many people work for cash and don't pay taxes on their income because there is no possible way to TAX CASH. |
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Anonymous money will allow enriched Uranium sellers to sell their material with no risk of getting caught. It will allow kidnappers to snatch your children or wife with no risk of getting caught. There have already been attempts of extortion and plenty of drug sales because of Bitcoin's pseudonymity. Be careful what you wish for. Just because you can doesn't mean you should.
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If the anonymity trick proves to be stable, then there is no doubt it will be forked into Bitcoin. This is about technology development over social morality. Society will have to adjust to lawlessness as they did in the stone age. It will absolutely force people to use coin validation for their own personal safety and for exactly the same reasons that you cannot buy enriched uranium at Walmart.
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(...)
Is Anonymity not that important to you?
It's important to me.  |
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I don't wand people to know that I own a metric crapton of BTC. I can barely store them, they just take up too much space. If people are aware of you BTC holdings, you may become the target of people intending to steal them. Also I guess a lot of people may want to hide their BTC from tax authorities.
Your problems are not shared by most people. There are ways to mix bitcoins in your situation. As far as tax authorities, I don't know why they would care about your bitcoins unless you owe them money. |
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All of you against the dollar, pour it into my bank account now. I am calling you out and prove it with your actions that you truly believe dollar is going down the drain, and you are willing to back up your stance instead of slinking back again when things don't turn out the way you want them to.
Sorry, we're pouring it into Bitcoin. Try trolling those nice Dogecoin or Litecoin folks. |
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Bitcoin offers a private transaction free from bank accounts or the need for fraud prevention identification services. No social security number is needed. No address or phone number is required. Nobody you do business with has any information about you worth sharing or any common identification means to do so. What more do you want and why?
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Bitcoin will incentivize clean, renewable energy development. Bitcoin will incentivize higher efficiency electronic development. It will create jobs, clean the environment, and save all the babies, puppies, and rainbows!
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Interesting article and claims I think the guy isn't very intelligent though.
I don't see the dollar coming to an end for at least another 70+ years. The claims the guy making are based on history which isn't a terrible thing to base it on. But judging from 70 years ago today the world is a completely different place and anything related to money then holds little value to what we have today.
They call them revolutions because average people don't see them coming. I like his terse writing style, it's refreshing. He does tend to use run on sentences. I agree with much of what he says, especially about Bitcoin becoming a reserve currency. |
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