So, two more years of wandering in the valley of the shadow of death then.
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I guess we will have to wait till the next halving of the block reward.
When is that?
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The difficulty is now too high for investments in mining to really be profitable unless you do it really big... which most people cannot afford to do..
Honestly I can make 100 or 200 per day selling BTC on localbitcoins.com, which I think is a lot more profitable and less risky than mining.
Do you buy from exchanges and sell locally? Coinbase and sell locally/online. I would actually make a lot more $ if I didn't have to wait 4 damn business days between purchases. It is possible to wire $ to an exchange but you still have to wait 2-3 days for the wire to go through and it is possible the price could rise before then, causing a loss on the trade. Where are you located? I would be surprise if you can keep doing it for long if you are located in US or Europe before authority knocking on your door. Why would they do that? It's not illegal to trade bitcoins.
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If you guys seriously think that a head of state only works 8 hours a day and then relaxes for the rest of the time, you are seriously below the IQ median. When you have evolved from Disney world to the real world we can start a serious debate.
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Who cares, you can still buy the efficient stuff online, legal. I have a nice stock of old light bulbs, and if I want more I buy them onloine, and I buy the long life version. Because, you see, the old light bulbs are also made to have an artificially short life span, the same as the new ones actually. So they can sell the ones without artificially short life span as "long life" at a higher price. Yes, I know, by buying them I'm falling for the scam, but at least I'm aware of it.
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There is a strong correlation between IQ and socioeconomic status, and IQ is to a strong degree inherited. This might explain why poverty as well as wealth seems to run in the family.
As a smart man once said, "there are no rich fools". And that's why many of the wealthy families make sure the wealth is locked in trust funds governed by a collective of relatives, perhaps with one or two outsiders as a kind of "moderator". That way a stupid grandson or somebody else down the line that might not be as smart as the ancestor who made the fortune, can't lose the fortune due to hos stupidity.
If he can't spend the money he owns, because locked away from his stupidity, then I don't understand why you classify him as rich. Either you can spend and you are rich, or you can't and it means the money does not belong to you. Some people instantly earn a large amout of money by luck. They overlook poor from then. Even they are rich, but not wealthy in mentalIty. No one will be happy to help them.
He will loose it as quickly as he earned it if his brains don't follow. Maybe "locked" is the wrong word, they do get to use the money, they just don't get to do it as they please.
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There is a strong correlation between IQ and socioeconomic status, and IQ is to a strong degree inherited. This might explain why poverty as well as wealth seems to run in the family.
As a smart man once said, "there are no rich fools". And that's why many of the wealthy families make sure the wealth is locked in trust funds governed by a collective of relatives, perhaps with one or two outsiders as a kind of "moderator". That way a stupid grandson or somebody else down the line that might not be as smart as the ancestor who made the fortune, can't lose the fortune due to hos stupidity.
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American still have clean air, clean water and clean environment. That is something the rest of the world have little access to. Plus we are the freeest most bestest country evar. Merica In a relative sense when comparing to other countries. Yes, we are still free despite all the spying and peeping tom allegations. What countrie would that be? You are no freer than other western countries, I would argue that many western countries are actually freer.
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We would all be drafted worldwide. So if you hang out in your shelter/cave and ignore the draft, the police will come and get you.
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That's life, if you don't take responsibility for your actions then the police are going to do the shooting for you, the same goes for the army and as we've seen they tend to royally fuck things up just as badly as any of us could because they're only human, I personally would much rather take responsibility for my own actions defending myself and know I did my best than push all the blame and responsibility on somebody else.
In all seriousness as I've said before, if you're dealing with someone who's unarmed or just armed with a melee weapon this is why you learn some kind of close quarters/unarmed fighting so you know how to handle yourself without resorting to a gun.
I would rather see the US without weapons.. Or with the military training required for having a 9mm. Dont see a need for a rifle. You arent going to snipe the intruder from your stairs to the front door.. Just a little correction here, since you obviously don't know what you are talking about. Shooting a pistol or revolver (I guess that's what you mean by "a 9 mm" (There are plenty of 9 mm submachine guns)) is very hard, it's hard to hit even at a short distance especially if you are in a situation where you are stressed out. A rifle is much better for accurate shooting in a stressed situation.
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But who knows, the 3D printer might just be the first step towards a Star Trek like replicator, and then you can just order some Earl Grey, hot, and a box of 9mm parabellum.
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Actually the main and important point is that it is a right in the USA and a privilege in most other countries.
And interestingly, now with Bitcoin the question arises whether fiat currency is a right of the State, or may it be a privilege. And whether the people have a right to their own currency, or is it just a privilege. This may prove to be equally important as the 1st and 2nd Amendments in it's effects on nations across the world. Interesting point. And on the gun issue: The coming 3D printers will make it very easy for anyone anywhere to manufacture a gun, in the future it might be the ammo that is restricted instead.
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Actually the main and important point is that it is a right in the USA and a privilege in most other countries.
Just as with freedom of speech, armed self-defense is a right of all people everywhere, regardless of whether the local authorities protect it or violate it. Few countries have enshrined that right in law to the extent of the 2nd Amendment. That's a shame; where government fears its citizens liberty exists, where citizens fear their government, the opposite. I agree that it is a natural right, but I'm afraid the courts don't obey by those laws.
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Taking down the government? That's what elections are for. But obviously many people here don't believe in democracy. You think you can win an armed fight against the majority of the people?
It depends on the country but in a lot of western country the voting turnout is so low that the Democracy isn't actually representing the people at all. But if the people doesn't want to vote, then that is also a part of the democracy, not voting is a kind of voting in it self, a way to say I don't care or I'm happy as it is.
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Actually the main and important point is that it is a right in the USA and a privilege in most other countries.
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