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April 17, 2014, 01:09:53 AM *
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681  Economy / Lending / Re: Looking for a Trust Loan pay 20 and get 30!(OPEN!) on: April 04, 2011, 07:25:36 PM
well yeah thats kinda my point, So anyone feel like loaning?

You are looking for another loan?
682  Economy / Economics / Re: Bitcoin Millionaires on: April 03, 2011, 10:41:57 PM
The highest balance is around 400,000 BTC, but that balance may be several owner's wealth grouped together in something like mybitcoin.com

Similarly, one owner may own several of the high-balance addresses.


I didn't realize you could see the balances of different bitcoin addresses.  How?
683  Other / Off-topic / Re: My doubts about anarchy on: April 03, 2011, 10:32:19 PM

BTW: Recent statistics show Homeschooling the fastest rising education method with the best results. They are using combined Homeschooling resources to share information and teaching techniques. I know of one community homeschool that is better equipped than a private school.



Good points about education. I also believe that education could be done a lot more effectively for a much lower cost.  I was homeschooled and am doing just fine in "the real world".  Most people are surprised when I tell them I was homeschooled because I don't have the social awkwardness they expect from homeschoolers. 
684  Other / Off-topic / Re: My doubts about anarchy on: April 03, 2011, 08:10:53 AM
With your example of B taking the product of A's labor there are only two cases.

1) A agrees to the trade with B
2) A does not agree and is coerced by B

1) is capitalism.
2) is theft.

Thoughts?

There are three cases:

1) A agrees freely to trade with B.
2) A agrees but not freely to trade with B.
3) A does not agree and B takes A's product anyway.


The first case is a cooperative exchange. If A has some weakness that might compel him to accept an unfair deal (lack of access to a market, an addiction, hunger, sickness, a lack of access to the means of production, blackmail etc.) and B takes advantage of that weakness, we have capitalism, and subtle theft, in the second case. The third case represents straight-up theft, but it is also capitalism because B took advantage of A's weakness in his inability to prevent the theft.


So your system would check every transaction between people making sure that there was no "unfairness"?  Life is unfair.  If A agrees, however reluctantly, he does so because he thinks the transaction will make him better off.  Even if it is not the ideal exchange he could hope for.  And while I agree people should try to present "fair" trades to the best of their abilities, what system would you support that would ensure that all such trades are "fair"? 

There really are only two cases.  Either A is coerced, or he agrees (reluctantly or enthusiastically) because he will be better off than not making the trade.  Even if it is a really shitty trade.

Now I agree that people shouldn't try to take advantage of others who are a bad position, but that's more in the realm of ethics.

Traditional anarchism, that is a complete lack of hierarchy cannot exist because humans are not created equal as far as abilities go.  Some will naturally gain "dominance" over others.  Some people want leaders.  I just don't understand why you would think that somehow we can do away with all authority and hierarchy in human society.  Would you do away with families since parents are hierarchically above children? 
685  Economy / Economics / Re: Bitcoin Millionaires on: April 03, 2011, 07:44:51 AM
I doubt it since there are less than 6 million BTC in circulation ATM.  I could be wrong though.  Perhaps one of the early members has a huge hoard of BTC.  If I were them I would.

686  Economy / Economics / Re: Monetary Sovereignty on: April 03, 2011, 07:43:11 AM
Roger Mitchell claims that the United States is Monetarily Sovereign and therefore can fund unlimited programs because it can always print more money.

http://rodgermmitchell.wordpress.com/2010/08/13/monetarily-sovereign-the-key-to-understanding-economics/

My understanding of the way the US "prints" money is that it actually sells US Treasury bonds to the Federal Reserve, and therefore at some point has to pay back those bonds with interest.  If this is true, this guy is completely nuts or just doesn't understand basic economics.  Thoughts?

The answer to that question depends on who actually controls the Federal Reserve. There are several clues in Lewis v. United States of America:
http://bulk.resource.org/courts.gov/c/F2/680/680.F2d.1239.80-5905.html


Dude, I've been looking for definitive evidence that the Federal Reserve is a private organization and not under the Federal Government's supervision.  While I know this fact to be true I wanted something I could use to convince the nay-sayers.  And here it is.  I'm poor, but give me your bitcoin address and I'll send you 1 BTC as a token of thanks.



Thanks, but you can give it to Nina Paley: http://bitcointalk.org/index.php?topic=5336.0;topicseen

Done.  At first I was irritated that the contribution had to be EXACTLY 1.29 BTC (?!??).  Then I looked at my Mt. Gox balance which was xxx.29.  It was meant to be.
687  Bitcoin / Bitcoin Discussion / Re: Ron Paul and bitcoins on: April 03, 2011, 07:34:14 AM
Can't wait until Ron Paul is president of the US!

When people start seeing Ron Paul break his promises, they'll have no choice but to think for themselves Cheesy

What promises has he broken so far?  You do realize how long he has been making promises, how long he has been acting upon those promises, and how long he has been in government right?

He may not have broken any promises yet. I just think he will. And if he does, I think it'll be better for society than if he keeps his promises. Because faith in the idea that we can pick other people to do all our thinking for us will start to erode.

It looks like someone else is doing your thinking for you and injecting this opinion into your head.  Your are summing everyone who supports Ron Paul as people who aren't thinking about anything and just worshiping him or something.  I don't understand where you have come up with this.  You are on the wrong track, see, you're talking about how people feel about presidential candidates like Obama was that were plastered all over the TV.  People who supported Ron Paul did so because the things he was doing and saying were what they actually wanted and when Ron Paul says something it's not like a salesman trying to screw you over to get into office.  He has history of how he has acted in government.  There's no sheep quality inherit to agreeing with him and supporting him unless you are truly doing it without thinking and I don't know *ANYONE* that falls into that category who supports Ron Paul but I do know dozens of people who supported McCaine and Obama who fit that category.  If you analyze his work (you know, thinking for yourself instead of defaulting to "he is going to break his promises even though he hasn't thus far" lol), you'll see he's a useful politician to back.

The problem with electing Ron Paul for President is not so much that he will break his promises, but rather that he won't be able to fulfill them.  There's a difference.  Even if he manages to get elected he will likely have a hostile congress to contend with and will find it very difficult to accomplish anything.  Presidents don't have as much power to change the system as we like to think.

Yeah that is a an important point but wouldn't it be nice to have someone who was already on the side of the individual citizen though instead of there for big business interests?


Oh absolutely.  Don't take my post as a criticism of Ron Paul.  I have a ton of respect for the man.  I'm always telling my friends to vote for him in 2012 if they love America.  I lean towards anarcho-capitalism (and thus shouldn't vote) but if Ron Paul runs in 2012 I will vote for him.
688  Other / Chinese students / Re: Chinese songs on: April 03, 2011, 06:47:23 AM
I will give you 2 BTC if you can give me Chinese character lyrics for "Yue Liang Dai Biao Wo Di Xin" (The Moon Represents my Heart) as well as English translation.  The format I'd like is a line of characters and the English translation beneath it.

CHINESE CHARACTERS
ENGLISH TRANSLATION

CHINESE CHARACTERS
ENGLISH TRANSLATION

etc.

Is this acceptable?   

Also, please don't just google it.  I can do that myself.  Let me know.  Xie, xie, ni!
689  Other / Chinese students / Re: 1.5btc for chinese essays on: April 03, 2011, 06:39:43 AM
Its not every day you open your rss reader and see "I sent you a pm about hitler" over and over again......



lol   Really?!?  Happens to me all the time.   Wink

690  Economy / Marketplace / Re: I need a company name [resolved] on: April 03, 2011, 04:02:08 AM
I thought this issue was resolved and he chose a company name already?   Huh

 He did, I was just referring to a post earlier that commented on the font used in a picture. The picture I posted has a business card for a "typographer" using probably two of the most hated fonts--papyrus and comic sans.

I was referring to the people still suggesting names....  Smiley

Not sure why people hate those fonts.  They aren't that bad.  Don't crucify me...
691  Economy / Marketplace / Re: I need a company name [resolved] on: April 03, 2011, 02:46:26 AM
I thought this issue was resolved and he chose a company name already?   Huh
692  Bitcoin / Project Development / Re: Does WeUseCoins Deserves the Full Bounty? RETAKE on: April 03, 2011, 02:45:05 AM

I'm not really into democracy, so I'm not going to vote.   I thought they did a fantastic job with the video, however.  I was really impressed.

It seems like the people who contributed the money should get to decide.  I understand that there was an escrow account set up and people anonymously donated, but I thought the lion's share of the bounty came from publicly stated donations from a few individuals.  Shouldn't they simply get to decide whether the video lived up to their expectations?  However, if they agree to let the community decide that is their choice.

I agree that the bounty process needs to be stream-lined. 
693  Economy / Marketplace / Re: Allow me to start dabbling with Bitcoins! on: April 03, 2011, 02:07:47 AM
I have a finance background and am really interested in Bitcoin. I just started and got a few cents from the faucet (cool idea by the way). But I don't have enough knowledge to run a "mining farm", let alone invest large amount of money in it Embarrassed If you want to help a newbie, please send a few to my address

1B2ciNZ7fgQ7NUaR19ucHR95tzoxrmA1MX

Thanks!!

Your best bet would be to try to offer skills you have in order to earn them.  I would follow up on the suggestion about writing for the bitcoin paper. 
694  Bitcoin / Bitcoin Discussion / Re: Ron Paul and bitcoins on: April 03, 2011, 02:03:44 AM

Agreed.  And I would vote him in solely for the purpose of vetoing every fucking bill that crossed his desk.  And as a statement to the people who say he's "unelectable".  But I do wonder if perhaps slowing down the decay of the system is worse than just letting it collapse so that new life can occur?

695  Economy / Economics / Re: Monetary Sovereignty on: April 03, 2011, 01:27:36 AM
has to pay back

Why? Who will force them?


The Federal Reserve?  They could refuse to lend more money unless interest is payed.

Hmm that's interesting. I suppose they could but then what would the US do? The same thing they did before the fed?

I think we have to look at "the Fed" and "the US" as the collections of individuals that they are, rather than acting entities.  I would guess that the reality is that the Federal Reserve has a LOT of influence in the United States government and will keep getting interest payments from the US government as long as the current system holds.  It wouldn't surprise me if wealthy members of the Federal Reserve cartel gave significant donations to election campaigns of US congress members. 
696  Bitcoin / Bitcoin Discussion / Re: Ron Paul and bitcoins on: April 03, 2011, 01:20:09 AM
Can't wait until Ron Paul is president of the US!

When people start seeing Ron Paul break his promises, they'll have no choice but to think for themselves Cheesy

What promises has he broken so far?  You do realize how long he has been making promises, how long he has been acting upon those promises, and how long he has been in government right?

He may not have broken any promises yet. I just think he will. And if he does, I think it'll be better for society than if he keeps his promises. Because faith in the idea that we can pick other people to do all our thinking for us will start to erode.

The problem with electing Ron Paul for President is not so much that he will break his promises, but rather that he won't be able to fulfill them.  There's a difference.  Even if he manages to get elected he will likely have a hostile congress to contend with and will find it very difficult to accomplish anything.  Presidents don't have as much power to change the system as we like to think.
697  Bitcoin / Bitcoin Discussion / Re: Best buy april fools bitcoin page on: April 03, 2011, 01:14:19 AM
taken down now, but visit google cache while it's still up:

here


Nice!   Cheesy
698  Economy / Economics / Re: Monetary Sovereignty on: April 03, 2011, 12:28:52 AM
has to pay back

Why? Who will force them?


The Federal Reserve?  They could refuse to lend more money unless interest is payed.
699  Economy / Economics / Re: Monetary Sovereignty on: April 03, 2011, 12:27:13 AM
Roger Mitchell claims that the United States is Monetarily Sovereign and therefore can fund unlimited programs because it can always print more money.

http://rodgermmitchell.wordpress.com/2010/08/13/monetarily-sovereign-the-key-to-understanding-economics/

My understanding of the way the US "prints" money is that it actually sells US Treasury bonds to the Federal Reserve, and therefore at some point has to pay back those bonds with interest.  If this is true, this guy is completely nuts or just doesn't understand basic economics.  Thoughts?

The answer to that question depends on who actually controls the Federal Reserve. There are several clues in Lewis v. United States of America:
http://bulk.resource.org/courts.gov/c/F2/680/680.F2d.1239.80-5905.html


Dude, I've been looking for definitive evidence that the Federal Reserve is a private organization and not under the Federal Government's supervision.  While I know this fact to be true I wanted something I could use to convince the nay-sayers.  And here it is.  I'm poor, but give me your bitcoin address and I'll send you 1 BTC as a token of thanks.

700  Economy / Economics / Monetary Sovereignty on: April 02, 2011, 01:11:58 AM
Roger Mitchell claims that the United States is Monetarily Sovereign and therefore can fund unlimited programs because it can always print more money.

http://rodgermmitchell.wordpress.com/2010/08/13/monetarily-sovereign-the-key-to-understanding-economics/

My understanding of the way the US "prints" money is that it actually sells US Treasury bonds to the Federal Reserve, and therefore at some point has to pay back those bonds with interest.  If this is true, this guy is completely nuts or just doesn't understand basic economics.  Thoughts?
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