I (don't) want to believe.
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Thank you as ever for your sage analysis proudhon. https://youtu.be/A7TuFy0fcuwBitcoin's a fad and it's on fire... Higher than a fantasy Like a singularity Reminds me of the good old days. Hello from Chile.
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Wow, this is insane to read Elwar because I live the exact same way. I have totally downsized everything to one 25 liter bag which weighs at most 10kg. I read that nomads during historical times had about 10kg of items and it is possible to carry that much on your back all day. I've gradually optimized my possessions (wool is key and I have a small pharmacy with me at all times, plus a 20L bag inside my 25L bag which collapses down into nothing for daybag use) and now have just under 100 items using a conservative counting system. I actually have a cool Google Spreadsheet which has everything I own on it besides a few childhood things like you mentioned which I just have to photograph and destroy, old family VHS tapes/photos which really aren't "mine" but I will take responsibility for digitizing some of them, etc. Being able to list every single object I own off the top of my head is something I am proud of, and it feels like a huge burden lifted.
I just spent 8 months in South America and got back to the US in early June. Prior to that I lived in Asia for 9+ months, England for a few months, and a few other places. Later this year I will be renouncing my US citizenship to close that out. I just sold my small car here which I bought used (2 years old seems to be the ideal point, never had a problem with it for the six year I owned it). I've been staying with my family here in the US and the US lifestyle seems to be destroying them as well as many of the people that I know. Hoarding, excessive debts, cultural disease. Trading the hours of one's life for money is just a horrible slow suicide and anyone with a decent income should be able to retire early if they really want to. But spending near one's limits makes this impossible. The manufacture of desire. Hedonic treadmill and all that.
I could never go back to my old way of life, although I have always been a minimalist during my adult years. It's funny because I feel people would often dismiss me as eccentric, which I certainly am, but now people seem to admire me and often say they are envious for my life which I know they could easily have but they won't. I actually transitioned to this system just during the earlier days of bitcoin so to many it seems as though bitcoin savings are necessary to be free, and it certainly helps, but the core idea has to do with not having much stuff. In fact the more money you have perhaps the closer you should guard it because it seems to easily slip through people's hands.
It sounds like you aren't a Yankee given your use of m^2 so perhaps your society is not as bad as this one but I have no intention of returning here. The entire world is mad and of course it takes a long time to see the differing insanity of each society, and common strains run through all of them. But the key is we can take the benefits of the societies and escape from the rest. For instance, American grocery stores are fucking amazing. Nobody here seems to realize this. But then again not many people are just eating fresh produce all of the time. I just can't believe how many good fruits and vegetables are available in the aisles of this country. But this comes with downsides as well. Anyway, not to be hard on the US, ignorance is found everywhere, I just understand this culture best and despite the fact that I soon won't be a US citizen I will still always be an American culturally.
Only problem is it is hard to find similar people. Everywhere you go you just have people living their lives and the world is focused on this economic machine. Gotta feel for people in less prosperous societies for which the above is all nonsense. But for people reading this and in rich countries, there are certainly alternative ways of life. Anyway, not my intention to criticize, just writing up some thoughts as those reading this thread are hopefully interested!
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Welcome back masterluc. We have missed you. How high can we go?
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Just been thinking about this thread some more and it is possible that policies to increase the cost of electricity would come into effect if bitcoin started to use too much of the world's energy resources. These could be targeted at miners specifically. That would have a dampening effect on the above numbers.
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Rub it in r0ach Awesome weekend! ETH and THE DAO are doing fine though, even if it seems nothing will ever happen in THE DAO. Pretty bizarre they are still doing OK. The main thing ETH had going for it were illusions of replacing bitcoin.
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I was taking a train into NYC and after some chatting one of the guys sitting next to me said he was buying Ethereum. I mentioned proof-of-stake vs proof-of-work but he had never heard of either.
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Nice nod to China with the pic.
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Bump! Has nobody respect for tradition around here anymore?!
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All hail the dragon.
Now past the high of the week of Aug 24 2014.
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HIGHEST PRICE SINCE SEPTEMBER 2014!
August 2014
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If this CW scam, blocksize debate, etc. and the ensuing media attention won't make Satoshi sign something saying he is not CW, then nothing can do so. He will make a move if and when he decides (if he is still alive). So although this is just a stupid sideshow it does provide us with additional information which can be useful to pricing our favorite asset. Satoshi is not going to raise his head until he is good and ready, and that is likely some time (in terms of price) from now.
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Well, all of us here know that CW isn't Satoshi. But CW could be an elaborate ploy to get the real Satoshi to make a post with an actual signature. Not that the real Satoshi would fall for that.
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Oh no, an NDA! What might the penalty be? He'll seize his bitcoins?
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Diversification is worsification.
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