^ well, that might be a bit extreme but yeah, in china the government runs the media. in the U.S., the government isn't as attached to the media outlets, so they fear them a bit more. in the U.S., it's billionaires who own the media outlets.
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people not wanting it, because it's controlled on the federal level?
They are a private corporation that influences money policy in US. No government reach whatsoever. they are a private corporation but also tethered to government. they are subject to oversight by U.S. congress.
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feels like the big whales are waiting for something to happen to spur a rally, but it's been relatively quiet the past few days.
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Does it matter? If the Federal Reserve wants to get in on the game, they'll create their own crypto. Backed by fiat, that has more appeal to the masses, creditors, governments, etc. That is what we are facing. We are in competition, people.
so where are you getting this information? part of the reason that bitcoin became so popular was because it is untethered to government.
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Does this start on the 19th of every month or just any day?
i believe it starts after the 17th, so on the 18th. i heard stunna is considering doing a weekly payout since the price of bitcoin is so volatile.
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people not wanting it, because it's controlled on the federal level?
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oh man, more conspiracy theories.. everyone is going to brew up some of these. i bet some of those people don't even believe that shit, they're just doing it for money/entertainment value.
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i'd also add hiroshima.. up until to around that point in time, the world didn't have the technology to annihilate mankind.
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so far almost 70% of the people who voted would hold their coins, even if it were under a 51%+ attack. i think i'm calling bullshit. the truth is that people care about their own wealth more than they do the development of bitcoin. not that there's anything wrong with that.
The nice thing about open source communities is the human connections and communication. No social technologies are flawless where people are concerned. While Bitcoin is mostly a trustless system, it is not completely independent from the trusted people that work hard to continuously improve its service. With Bitcoin, you are not investing in a corporation owned by nameless stockholders, you are investing in a revolution whose stockholders are the people that believe that the smartest people can outsmart greedy people. Even if greedy people think they can outsmart some of us, smart people tend to stick together and do what is right for the greater good. the problem is that you can steal millions of dollars worth before stepping foot outside your doorstep. and it's much harder to track down an internet thief than it is someone who actually puts themselves on the line. i do hope the honest people can win out against the scammers, but the scammers have a pretty big advantage in their hit-and-run schemes.
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^ but also to be fair, the people in the 60's were out of control. constant orgies, groups hanging around partying.. and even charles manson. i think the 60's hippie movement was cool, but it was far from perfect.
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those people are former presidents, not people who are part of the establishment. i don't think the war on drugs is going to change.. the government likes to put minorities in jail, maybe because there's a capitalistic business model built around it. The first thing a government care for is its reelection. So, I guess sending almost 1% of the population to prison pays votes. A huge part of those inmates were arrested for drug associated crimes. I don't have the figures, but arresting and condemning all those people and building, managing and paying for all those prisons might be more than what the Federal government pays in social security. Filling prisons with any non violent offenders is just a waste. We also punish them for the rest of their lives by limiting them socially and economically. Yes putting people in prison for just growing or selling a plant that grows in the nature is just crazy! Sometimes killers serve less time then people convicted with drugs cases (in the US ofcourse) I think killers should be punished heavily, but most of the time they are off easy especially where I live in Holland. The prison sentences are so low, it's like a paradise for criminals, also our prisons are much better then the American prisons. And weed should be legalized worldwide it's a goddamn plant, look at alcohol man made it and it kills and hurt people everyday. But they still allow it worldwide just because they can tax it, and also keeps the people happy. i may sound crazy, but my theory is that government doesn't want people using drugs, especially psychadelics (which is what marijuana is).. because it ends up with people questioning government and the establishment. it's why nixon had to battle the hippies, so he could operate the war in vietnam.
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those people are former presidents, not people who are part of the establishment. i don't think the war on drugs is going to change.. the government likes to put minorities in jail, maybe because there's a capitalistic business model built around it. The first thing a government care for is its reelection. So, I guess sending almost 1% of the population to prison pays votes. A huge part of those inmates were arrested for drug associated crimes. I don't have the figures, but arresting and condemning all those people and building, managing and paying for all those prisons might be more than what the Federal government pays in social security. well yeah, most of us here already know that per capita, america imprisons more of its citizens than any other developed nation in the world. same goes with capital punishment.
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so far almost 70% of the people who voted would hold their coins, even if it were under a 51%+ attack. i think i'm calling bullshit. the truth is that people care about their own wealth more than they do the development of bitcoin. not that there's anything wrong with that.
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The communist party in China is not communist anymore. Not by far. It's a strange amalgam of free trade and political oppression. As long as you don't touch politics, you should be fine in China. Chinese even make a tidy profit on the image of Mao. However, the party strikes down with an iron hand on anything that is remotely looking like dissent.
at this point, labels just get a little confusing. the truth is probably somewhere in the middle; yeah, china's government is bad.. but so is the U.S. government. seems like the U.S. operates differently in that they allow free speech in the open, but use other means to influence public opinion (usually money/media), while china just says "we r the government, so STFU." it's more of a direct approach instead of a roundabout.
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man, i wouldn't be posting about 70 days logged in.. i'm already embarrassed of the amount i already have.
also, this thread should probably be posted in the meta subforum.
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That would be the same reason why republicans have much higher turnouts in American elections... most the demos are just trying to make ends meet and have so many other pressing problems and so many other things working against them trying to keep them away from the polls.
that and it seems like more old people are republicans, especially when you look at fox news' demographics.
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every time i see these types of threads, i immediately think of dank.. and it's to my surprise that it's not him.
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is huntington branch bank a big one? seems like credit unions are less likely to shut you down.. maybe because they aren't not part of the oligopoly that big banks are... so they don't see it as much of a threat.
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^^^ Gerrymandering is used by both the main parties (Democrats and the Republicans), to increase their seat count. So no one can just blame any one party for it. Both the parties are responsible.
both are responsible, but one party is much, much more successful at it. they can take more seats with significantly less votes.
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i really hope citi doesn't consider it a big threat.. they'll group up with their banking compatriots and buy the shit out of washington, and the magically all of a sudden.. a majority of our elected officials will be absolutely against bitcoin.
They will do that either way unfortunately. Mastercard has all ready hired lobbyists to do it. Do you have proof of that? Or is that just speculation? there was a post on this forum about it a week or so ago. you can just google it yourself. i don't know how much swing they have though, and how much support btc truly has in congress. we need our own lobbyists after all. since satoshi is worth so much, it wouldn't hurt to see him drop a few million to win some "lawmakers" over, and pay them in btc.. so that htey have a stake in it, which means they'd less likely turn on bitcoin.
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