I don't believe this will be an issue. The economy will need to restructure, but overall technological advanced benefit the economy. As costs are reduced in the industries in which labor is replaced by machines, resources will be freed up for new markets.
Your argument is known as "Luddite fallacy" and have been discussed many times in this thread. Unfortunately for you, there is no law of physics saying it will last forever! Honestly, both of your proposals are horrible. Both will hurt the market and cause dead-weight loss in addition to making government more powerful and invasive.
No action will have much worse effect! If labor was completely replaced by machines, which is unlikely, then maybe a guaranteed income would be appropriate.
You don't need 100% automation to destroy capitalist economy. I think just 20% of permanent unemployment will be enough! This kind of gloom and doom was predicted before the industrial revolution and again when computers started taking jobs. There is just no evidence that this time will be any different. By the way, you have it backwards the Luddite Fallacy is the fallacy that technological unemployment creates long term structural unemployment: The notion of technological unemployment leading to structural unemployment (and being macroeconomically injurious) is often called the Luddite fallacy, named after the early historical example of the Luddites.[1][2][3] - Wikipedia Forgetting one thing here. The disenfranchised and poor in Britain and Europe was able to relocate to the frontier in the Americas and Australia. The frontier always had a lot of opportunity and essentially free farmland for any ambitious hardworking man. The frontier is what prevented the Luddite scenario and all the accompanying unrest. Even going earlier back, groups like the Quarkers would had likely turned to insurrection in Britain if they did not have an option to emigrate to the new world. Things have largely changed now. There is no "frontier" anymore. There's no where for the poor in developed countries to go. If you corner a frightened animal into a corner, it'll attack out of desperation. |
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if they keep making adjustments like that, how will they ever give away the 95% of stellar for free. they will end up with a huge amount kept in their accounts unless they also increase their giveaway amount when stellar price drops? Can we see this happening?  I brought this up a long time ago. Ripple promised to distribute its' coin and it never did. Stellar seems to be pulling the same stunt where, after causing a commotion by throwing money on the street, has significantly clawed back on the Stellar they are giving out. Remember there is 100 billion coins They're still sitting on 99.7 billion coins. Then they control 94% of tradeable stellar due to their 5 billion coins out of 5.3 billion tradeable. There's was nothing stopping them from instabuying when it hit the exchanges before most of the public knew. Nothing stopping them from pumping and dumping as we speak. As I said there's huge manipulation here and it's just to make Stellar-Stripe (the "SS") a lot of easy money. If they're going to restrict it to $10 or less forever, they'll be sitting on a premine that'll never go away. |
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i guess JED want to kill ripple..wow..
It's 99.7% premine and Stellar-Stripe ("SS") controls 94% of all tradeable Stellar. If someone's dumping then you know who. It's going to be fun watching the price volatility. When you control that much of a coin you can pump and dump to infinity and make loads of cash. |
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Let's leave the Indonesians and other Muslims like the Bosnians out of this. This is not a religious conflict. It is the continuation of the Arab-Persian war which goes back 1500+ years and even predates Islam.
This is a forgotten history lesson but the Zoroastrians conquered Eastern Arabia (which was Pagan) and that was the catalyst which led to the formation of Islam. The Arabs, desperate for Revanchism, created a new religion which echoed the organization of Rome to maximize control of their people to drive out the Persian invaders.
The sooner you can address the origins of this conflict the sooner you can bring an end to it. If the British Empire were still around, someone like Lord Curzon or Mountbatten would draw a line and say: "Arabs on that side and Persians on the other" and the fighting would end tomorrow.
The problem is that the US has not had that sort of statesmen since Woodrow Wilson and Harry S. Truman.
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Developer anonymity is a requirement to avoid legal trouble for running an illegal securities IPO. A lot of coins get around that by having a PoW phase in the first week.
Actually the real reason for NxT being so controversial was its' initial distribution and complaints about the code quality back in early 2014.
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It cannot be a fork if it's written in Javascript (NxT being Java and Java =/= Javascript). As well NODE seems to offer innovations not seen in other coins (which is outlined on the first post and on their website).
It's technically a bit too soon to dismiss this coin. Stranger things have happened in crypto, NODE could surprise us all by hitting a capitalization beyond our expectations.
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99.7% premine and 94% control of tradeable coins for Stellar...
or Ethereum which is distributed according to how much you invested.
Both aren't great. Ethereum's ambitious goals means bugs and problems and possibly a long wait. As well the huge IPO means any ROI is likely going to be little unless it goes to the moon somehow (easier said than done - didn't happen yet for Maidsafe or Mastercoin, people who invested huge amounts into that coin would had made more with Dogecoin and Darkcoin).
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I never sent that message, he sent it himself and then created a fake quotation saying I sent it.  A moderator can easily confirm it by looking at our messages (well not so much "our", he has sent me 3 messages within minutes and I haven't responded as I don't feed trolls). https://bitcointalk.org/index.php?action=profile;u=127521This is the guy who based him name of a known developer called Frictionlesscoin (who was one of the first to propose a NxT fork / descendent). Much like the name CallfromAbove is a rip off that NxT developer Comefrombeyond. |
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USA is actually more socialist than most European countries. EBT doesn't exist in most countries. If you can't afford food in most countries then you goto a food bank and eat near-expired beans or stale pasta (or you starve if that's not an option).
A lot of US states will pay for your rent, utilities (including smart phones) and automobile through poor assistance plans. There's been studies going back a decade where, if a person knows how to exploit the various programs, they can make something like $50K-$70K in untaxed benefits without having to work a fulltime career. They can also work under the table in restaurants or construction as some bureaucrat in an office can't stalk people to find out what they're doing during the day.
After all those people in Chicago just got put into a $3K a month apartment for free, get EBT on top, automobile assistance, phone assistance, if they have kids then the kids get free meals at school and scholarships, et cetera.
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BCfrictionless it's not working, time to move onto plan B (switch your CfA account and troll).
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Could you please delete my buy bid. I checked my inbox and found a few offers.
 Either some people need money badly or some lucky sockpuppets. This price is antic. Stellar has hordes of people from India collecting stellar and then selling it to guys for $5. There's probably quite a few people from third world countries as NODE stakeholders where a $250 - $500 NODE is more than their monthly income and they've never had that sort of money in their life. |
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Stellar-Stripe still sitting on a 99.7% premine. Stellar-Stripe controls 94% of all tradeable coins at the moment. Keep on buying this ponzi scheme.  The "free" is a gimmick and it's equivalent to the old 'throwing money on the streets' marketing technique that was pioneered over a hundred years ago. Stellar is essentially the same as Ripple. But its a great alternative for a non power consumer system or coin, if there is no mining how do you want them to distribute the coin??, you want them to make an initial ipo which in most cases looks more scammy?. They're riding on a lot of the fair distribution hype that was started by other coins. Instead what they did was they went with a distribution which allows them to manipulate the price and volume from the get go. 99.7% premine and controlling 94% of all tradeable coins can allow them to easily manipulate prices all day. http://coinmarketcap.com/currencies/views/market-cap-by-total-supply/Stellar is #4 crypto by total supply (capitalization manipulation) http://coinmarketcap.com/By available supply it's actually #34 and Stellar-Stripe controls 94% of that. There's nothing stopping Stellar or Stripe from buying up the coins that are put on the exchange either, so you end up with a scenario where they control 94% to 99% of the available supply/ |
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btw, there are some people complaining about dates, who didn't even bother to try alpha...
Why would that matter? I'll bet they used real $ and not alpha $ to buy in to NEM.  |
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Stellar-Stripe still sitting on a 99.7% premine. Stellar-Stripe controls 94% of all tradeable coins at the moment. Keep on buying this capitalization scam. The "free" is a gimmick and it's equivalent to the old 'throwing money on the streets' marketing technique that was pioneered over a hundred years ago. Stellar is essentially the same as Ripple. |
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Ironically some of the people asking aren't stakeholders and presumably never bought any NEM on the asset exchange. They just want to know the release date ahead of everybody so they don't have to take any risk on the AE and then dump when the thing launches.
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Why buy when you can rent? Most women out there will put out without needing a ring on their finger, you are getting married for what exactly? To get regular sex? The joke on you as soon as a ring goes on her finger she is cutting her hair, gaining 15 pounds and pulling back on the sex.
(the sex was only something to get you interested - much like that car dealer in the luxury automobile lot or the real estate agent who acts like your best friend forever until you sign the dotted line and then they get their money).
I suspect you are born and live in the west. Culture in Asia are much different when the man take a more prominent role. I know enough about Asia that I don't want that for me. Plenty of stories like Chinese men jumping off buildings because their wives and girlfriends spent all their money on crap. Women claim feminism was liberation for women but I see it the opposite, men are no longer forced to support the nuclear family and we don't have to dilute our wages on women and kids. Why buy a woman at full price when I can rent thousands for a fraction of the cost? If I want kids then I can do what the gays do - get a surrogate. Get some Indian woman to carry a baby and 8 months later a kid will be coming out through that curry canal. A nanny is cheaper than some stay at home mom who might leave me and sue for alimony and support. Asia seems very oppressed with all the societal pressure on men to be overachievers and overspenders. I know plenty of Asian men who lease cars they can't afford because the culture dictates them to do it. A white guy in the United States can drive a rusted pickup and nail broads. An Asian guy won't get laid by most Asian women unless he drives a BMW 7 luxury and puts a ring on her finger. Who has it better? |
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Why buy when you can rent? Most women out there will put out without needing a ring on their finger, you are getting married for what exactly? To get regular sex? The joke on you as soon as a ring goes on her finger she is cutting her hair, gaining 15 pounds and pulling back on the sex.
(the sex was only something to get you interested - much like that car dealer in the luxury automobile lot or the real estate agent who acts like your best friend forever until you sign the dotted line and then they get their money).
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You're also forgetting Russia doesn't have its' buffer zone. It wasn't the Russian winter which burdened Napoleon or Hitler, most of it it was largely the Belorussian and Ukrainian winter and their winters are mild compared to what you'ld encounter in the American Midwest.
That being said even most Americans can't withstand the American midwest winter, the American troops were posted on exercise to the Baltic in spring and were complaining about the 8 Celsius cold and soldiers were getting sick from cold sickness due to improper gear (the American military predominately recruits from the South, Texas and California which is mediterranean or semi-tropical).
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