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Bitcoin / Bitcoin Discussion / Re: Andreas Antonopoulos on the power of Bitcoin
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on: February 27, 2014, 03:12:03 PM
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If there is any doubt, whoever watches this video should go out and get a couple of Bitcoins (according to what they can reasonably afford).
This is the future like the Internet was the future back in 1993 and few people knew it. I know because I was there.... Bitcoin is the Internet all over again only this time in the blockchain.
Such golden opportunities happen but once or twice every decade. Seize it now, get in on the ground floor - because this is just the beginning.
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4
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Economy / Economics / Re: Creating a guaranteed minimum income through crypto-coins
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on: February 27, 2014, 03:01:23 PM
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Look, it has been proven time and time again:
When you pay people to be poor, they tend to stay poor
Poverty becomes their job, my friends. When it's raining outside and you've partied all night you can choose to
a) go out and earn some money or b) sleep in and party again tonight because you know working people are sending you a check
Long term poverty tends to be a choice. We have all seen 3rd generation welfare families. 'Cmon...three generations of people couldn't make the effort to uplift themselves? Really???
Need money - come to my place and mow my lawn, rake leaves, weed the garden. What? No takers? Oh, the poverty!
Get a job or make one. It's that simple.
Hell, I know an obese "retarded" guy with a limp named Lenny who makes the rounds every day at the local businesses - he gets them coffee, donuts, lunch etc and they pay him to do it.
Are you saying most "poor" people do not have the skills and energy of a fat, physically impaired retarded guy?
Give me a break. Long term poverty is a choice.
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7
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Bitcoin / Bitcoin Discussion / How to register assets in the blockchain
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on: February 27, 2014, 02:49:41 PM
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There is much more to Bitcoin than mere currency (which barely touches its full potential).
One problem I have battled for many years is theft of original works without attribution to which I have copyright....
How to register assets in the blockchain such as original works (books, articles etc), and also items such as vehicles etc?
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9
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Bitcoin / Bitcoin Discussion / Re: Instead of Foodstamps, hows about Bitcoins?
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on: February 17, 2014, 05:27:20 PM
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I think this is impractical for many reasons. Most places don't accept Bitcoin yet and good luck finding someone who will donate the coins required for this.
Well don't forget, the money .Gov spends for Food Stamps is not donated by any stretch of the imagination - it is coerced from the productive workers and businesses under threat of force (fines, imprisonment, all all that sort of violent stuff). Resist and they come looking for you, resist more and they will kill you. Foodstamps and welfare are not charity, it is theft and violence pretending to be charity. Many people pay up only due to fear of being attacked if they do not comply. What kind of an evil system is that! So if someone wants to donate their bitcoins for charity, excellent, please do. The danger lay in good Samaritans taking it upon themselves to force everyone to do so in some way. When that happens, it is no longer charity but simply evil. This Robin Hoodesq technique of wealth re-distribution is soooo twentieth century.
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Bitcoin / Bitcoin Discussion / Re: How to mine bitcoins on your own
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on: January 25, 2014, 05:25:46 PM
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Excellent, proven methods:
Mine coins by getting a job that pays fiat, then exchange that fiat for Bitcoins. If you already have a job then simply find something you can do on the side that generates fiat and exchange that fiat for Bitcoin.
Alternatively, create something of value that people are willing to pay for using Bitcoins.
All time tested methods that will net you Bitcoin. In effect, you are "mining" them.
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Economy / Speculation / Re: Near term price prediction.
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on: January 25, 2014, 05:13:54 PM
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Yeah, Bitcoin is world wide. Also, by its nature it is designed to be political neutral. Sure, "they" can try to regulate it as they do with everything else (which is why the world is in the mess that it is in) but they will fail just as they have failed with the war on drugs, poverty, terrorism, education and everything else the state attempts.
Free market, free market, free market. That is the only way to freedom and prosperity.
The more they try to regulate, the better it is for Bitcoin
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Economy / Economics / Re: Creating a guaranteed minimum income through crypto-coins
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on: January 24, 2014, 11:20:01 PM
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Problem with "free" income is that you are going to spend your coins to get stuff for "Free". However, that stuff wasn't free for the person who grew it, created it, or what have you - they had to work for it.
So what you've done, essentially, is enslaved the producers for that period of time they made that item or service.
What your saying is along the lines of: lets end poverty by simply giving everyone on earth who is poor One Million Dollars! Then the producers can work their butts off for that money that was given to the poor people. Couldn't be simpler, why hasn't anyone thought of that before?!!!!
The real way to get un-poor is to increase your value to the world - skill sets, working harder, etc. The only way known to man that works. NOT hoping someone gives you money for nothing.
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