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Fat Tay Choon went to the Mining Academy in Brazil, east of Satoshi's yurt, where Gavin was kidnapped by the CIA's goons and forced to pretend faking an anonymous decentralized biscuit—better than all the fish in the Pacific Ocean—but also to defray leeches intelligently with ECDSA fighting qubits for 16.8 dree12, or Phinnaeus must fling toilets towards psy‐ops, without potato smoothies mixed with fried chicken wings from BitMunchies.com, urbanchickennj.com, and Popeye's Bitcoin wallet which deleted Satoshi's premine ability to (very victorious cheers) none like Butterfly Labs better enabled, but also
Corrected ... to ,
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"Permit me to issue and control the money of a nation, and I care not who makes its laws!"
You are not permitted to issue and control Bitcoin. Precisely. Therefore, the quote is invalid. Then you're looking at it wrong. The quote says money trumps political power. Decentralize money, decentralize political power. The only invalid quote here is this: Bitcoin is not a means to achieve a political end. Money and political power are both products of human society. There is no reason one would trump the other. Why would Bitcoin be a means to achieve a political end? |
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"Permit me to issue and control the money of a nation, and I care not who makes its laws!"
You are not permitted to issue and control Bitcoin. Precisely. Therefore, the quote is invalid. |
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Taxes being voluntary doesn't starve the government. In fact, the IRS isn't even going to care if most people just stop paying taxes with USD. They only target people who are worth targeting, and that doesn't change with Bitcoin. It just gets harder.
Yup, they'll actually have to offer services that people will want to pay for. Sound familiar? No, they'll still collect taxes from people that want to pay them. There are a lot of those people. For now. And now is all that matters concerning Bitcoin adoption. Adoption: not alienating half the political spectrum. Post-adoption: whatever you imagine. Which half would that be? The half that wants to control other people? Fuck 'em. Bitcoin is not a means to achieve a political end. It is a decentralized, fair monetary transfer system. Sabotaging what it is for what it is not is not constructive. "Permit me to issue and control the money of a nation, and I care not who makes its laws!" You are not permitted to issue and control Bitcoin. |
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Taxes being voluntary doesn't starve the government. In fact, the IRS isn't even going to care if most people just stop paying taxes with USD. They only target people who are worth targeting, and that doesn't change with Bitcoin. It just gets harder.
Yup, they'll actually have to offer services that people will want to pay for. Sound familiar? No, they'll still collect taxes from people that want to pay them. There are a lot of those people. For now. And now is all that matters concerning Bitcoin adoption. Adoption: not alienating half the political spectrum. Post-adoption: whatever you imagine. Which half would that be? The half that wants to control other people? Fuck 'em. Bitcoin is not a means to achieve a political end. It is a decentralized, fair monetary transfer system. Sabotaging what it is for what it is not is not constructive. |
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Taxes being voluntary doesn't starve the government. In fact, the IRS isn't even going to care if most people just stop paying taxes with USD. They only target people who are worth targeting, and that doesn't change with Bitcoin. It just gets harder.
Yup, they'll actually have to offer services that people will want to pay for. Sound familiar? No, they'll still collect taxes from people that want to pay them. There are a lot of those people. For now. And now is all that matters concerning Bitcoin adoption. Adoption: not alienating half the political spectrum. Post-adoption: whatever you imagine. |
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Taxes being voluntary doesn't starve the government. In fact, the IRS isn't even going to care if most people just stop paying taxes with USD. They only target people who are worth targeting, and that doesn't change with Bitcoin. It just gets harder.
Yup, they'll actually have to offer services that people will want to pay for. Sound familiar? No, they'll still collect taxes from people that want to pay them. There are a lot of those people. |
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The day they will be able to effectively "regulate" bitcoins, I'm out for good.
I know some people are against taxes (I'm not, just against forced taxes for things I don't want to participate in and don't ask for) but do you expect to pay taxes on bitcoins? I consider a moral duty to do my best to not pay any tax, and that is one of the reasons I am into into bitcoins. Just don't pay it. Unless you earn a significant amount, the IRS isn't going to go after you. |
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No, the two entities can coexist. Bitcoin is very popular among social liberals, true, but even social conservatives (e.g. Luke-Jr) use it. Bitcoin is politically trans-spectrum, and should remain that way.
On the contrary, if Bitcoin or its successors are successful, Politics as we know it will essentially go out the window. https://bitcointalk.org/index.php?topic=100804.0Bitcoin can be regulated just like any other currency. It's just that one can now choose whether to be regulated or not. Politics will not go out the window. Bingo. Bitcoin does not cure cancer, it just slowly impedes the process at which cancer cells can get their food and teachers other healthy cells that they're not alone, giving them some reason to fight. This is a 200 year battle we're in. Bitcoin is just a whisper of an innovation in the right direction, one that looks to us like the most interesting thing in our decade. Bitcoin is a currency that the users of can decide whether or not to be regulated. It makes taxes voluntary. That's the game changer. It's not a cure for cancer, it's a means to starve the cancer. Taxes being voluntary doesn't starve the government. In fact, the IRS isn't even going to care if most people just stop paying taxes with USD. They only target people who are worth targeting, and that doesn't change with Bitcoin. It just gets harder. |
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No, the two entities can coexist. Bitcoin is very popular among social liberals, true, but even social conservatives (e.g. Luke-Jr) use it. Bitcoin is politically trans-spectrum, and should remain that way.
On the contrary, if Bitcoin or its successors are successful, Politics as we know it will essentially go out the window. https://bitcointalk.org/index.php?topic=100804.0Bitcoin can be regulated just like any other currency. It's just that one can now choose whether to be regulated or not. Politics will not go out the window. |
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Both the code and the idea of bitcoin may hav ebeen impregnable, but bitcoins themselves -- unique strings of numbers that constitute units of the currency -- are discrete pieces of information that have to be sorted somewhere. By default bitcoin kept users' currency in a digital "wallet" on their desktop, and when bitcoins were worth very little, easy to mine and possessed only by techies, that was sufficient. But once they became valuable, a PC felt inadequate. Some users protected bitcoins by creating multiple backups, encrypting and storing them on thumb drives, on forensically scrubbed virgin computers without internet connections, in the cloud, and on printouts stored in safe deposit boxes. But even some sophisticated early adopters had trouble keeping their bitcoins safe. Stefan Thomas had three copies of his wallet yet inadvertently managed to erase two of them and lose his password for the third. In a stroke, he lost about 7,000 bitcoins, at the time worth about $140,000. "I spent a week trying to recover it," he says. "It was pretty painful."
From: http://www.wired.co.uk/magazine/archive/2012/01/features/the-rise-and-fall-of-bitcoin?page=all |
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38669.33589602
Hello! I noticed that this thread is lacking Stefan Thomas's great loss of 7000 BTC. With this included, the new total is: 45669.33589602 |
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New chart for today; the effects of the correction hasn't shown up yet.  |
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 We're past 2400, which was 1/8750 of the way. Now, at 2402, we're 0.01144% to 21000000. Inching along...
2400: Counted
4800: Not counted
...
21000000: Not counted |
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@Topic:
I don't see why Bitcoin, as a currency, should recruit a community that is so politically oriented. This limits adoption, and that is not in any of our best interests. If a spokesperson for Bitcoin criticizes a certain viewpoint, rather than attacking them, the community should consider that Bitcoin is valid for people not of that viewpoint.
The Bitcoin community is diverse, and will only become more diverse. We should together refrain from politically minded comments and go for a neutral, Bitcoin-centric discussion about the merits of Bitcoin.
If people like government force (i.e. anti libertarian principles) then they like the possibility of controlling or completely stopping bitcoin with force No, the two entities can coexist. Bitcoin is very popular among social liberals, true, but even social conservatives (e.g. Luke-Jr) use it. Bitcoin is politically trans-spectrum, and should remain that way. |
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Blitz deleted it. It may have been too insubstantial for Speculation.
And there I was thinking there was nothing too insubstantial for Speculation.   Since the thread contained only "lol" as message and "lol broken bot" in the title, I considered it spam. I'm not sure moving things like that to Off-Topic is good, as that would basically make it a trash forum. Though maybe we do need a trash forum of some kind where insubstantial things/spam for fun go? It's called Trashcan... |
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Pirate has closed his BS&T. What will happen now with owners of YARR shares? Will you buy back all shares for 1 BTC each?
Where is this announcement? |
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@Topic:
I don't see why Bitcoin, as a currency, should recruit a community that is so politically oriented. This limits adoption, and that is not in any of our best interests. If a spokesperson for Bitcoin criticizes a certain viewpoint, rather than attacking them, the community should consider that Bitcoin is valid for people not of that viewpoint.
The Bitcoin community is diverse, and will only become more diverse. We should together refrain from politically minded comments and go for a neutral, Bitcoin-centric discussion about the merits of Bitcoin.
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