Man, you've really let yourself go. Intellectually speaking.

I'm not waiting for anything, I'm using bitcoin just as I would use any other useful tool.

Famous last words homeslice. Ever is a word representing a span of time apparently beyond your comprehension.

I agree. Feudal society took about a thousand years to coalesce into the modern nation state. We've been doing that for about 300 years or so, and we're getting close to the next rapid transformation. Advances in communications technology are shaking things up once again.

They don't. Bitcoin is not your personal get rich quick scheme. Crap thread. Get out.

This.

Not in the United States, that's for damn sure. Probably not anywhere. By the way, all genuine, non-rhetorical questions are philosophical by definition. Pondering a question is the fundamental philosophical act. Philosophy = Philos of Sophia = love of knowledge.

A good question is much more important than a good answer. Unfortunately, you have asked a shit question. Try again.

The problem is that you think such a concept exists as "private key", as if the privacy in inherent to the key. The phrase seems to imply that a private key is always private and cannot suddenly and inexplicably become known to someone else. This is a mistake, because in reality, there are only keys, which are bits of highly sensitive information, bits of math. The privacy or publicity of these bits of this information is the responsibility of whoever hold(s) keys. Always remember, information seeks to be free just as water seeks to flow down toward sea level.

This is accurate

It's good news, it means they're starting to recognize bitcoin's potential. Moon.

We are at ~0.1% of adoption potential

Likely. Threats are measured in probability and potential damage. Bitcoin is not a threat to the current financial system any more than a newborn black hole is a threat to the surrounding gas of the star in which it formed. There is no threat in inevitability, because there is no likely - there is zero probability of survival for the current system. I put it forward to you, dear reader, that even if bitcoin hadn't been created, the current financial system would still be doomed.

Bitcoin provides no anonymity, only pseudonymity.

Using certain tools, one can take steps toward anonymity while using bitcoin. However, one can only ever approach it, never reach true anonymity. Especially not if someone(s) is interested in finding out who you are and what you're doing. Just as water always flows downhill, information always seeks to be free. You can build trenches are reroute waterways to slow the descent toward sealevel. You can even build dams and wall off bodies of water for a time, but sooner or later your dams will crumble and the water will once again seek the sea.

From the article:


The last thing the elites want is an unstable financial system... for them.  

They only want the financial system to be unstable for those of us who would be put into 10x10 cages for the "crime" of printing money, that same crime they commit every day.

Author seems to be totally ignorant of how fiat works. Modern fiat is NOT backed by gold or any precious metals, it's backed by hallow state promises and loads of violence.

"Some say"? Some say that it is the mass of objects in the universe that causes them to be attracted to other massive objects. Others say it is merely the Will of God that prevents the Earth from falling out of the heavens.

It feels slow because it is slow... for now.

Nausicaa: Valley of the Wind, Princess Mononoke, Castle in the Sky, Howl's Moving Castle, Spirited Away are my favorites. The first two in particular. You should also watch Akira at some point, if you haven't already.

Following the money is much easier on the blockchain than it is with fiat, that's by design. Transparency is a vital characteristic of any functional public ledger. Satoshi's design decisions will be easier to understand after Bitcoin adoption increases a few more orders of magnitude, when any technically literate individual will be able to monitor the ledger, track, and publicize the wealth movements of the world's socioeconomic elite. The jig is up for all the crooks at the top. It's going to be the printing press all over again, only this time it'll be banksters and politicians getting the boot instead of feudal royal families and their sworn Lords, insofar as there is any difference. I hear you thinking, "but why would the elites use Bitcoin when they have their own legitimate currencies they can freely print?", and my reply is that the days of indulging governments with misplaced trust are numbered.

This was Satoshi's true genius, s/he has hard-coded an unstoppable revolution. A proverbial doomsday clock for the masters of the financial universe that began counting down the moment the genesis block was mined.

You can "destroy" (the value of) Satoshi's btc right now, all you have to do is convince 51% of the mining community to adopt your hard fork.

Good luck, champ.  

Crude socioeconomic-hierarchy distinctions will be long forgotten by the time medical science truly defeats death.

It's one of the saddest films I've ever seen, deeply moving. You may find that all Miyazaki's work affects you in a similar way, he is a  true master of his craft. I highly recommend exposing yourself to more of his stuff.

There is always the choice between anger and curiosity, vengeance and forgiveness, selfishness and compassion.

Life in twenty first century is going to be getting pretty awkward for the religious fanatic, because we are building god as machine.

Religion: "Let's maim and kill each other to prove which god is greater."
Science: "Let's build a real (machine) god and ask him some good questions. If we're lucky we may get an orders of magnitude more accurate description of the universe and its laws."