|
182
|
Other / Off-topic / Re: "Good news" about the Federal Reserve
|
on: April 08, 2011, 06:24:02 PM
|
Any idea how the government defines "essential services"? That would be quite interesting, IMO.
No idea who makes the call, but from what I've heard it sounds pretty arbitrary. Mostly the impression I get is that any agency or service that does not deal with emergencies (e.g. preventative health, tourism, etc.) will be shut down, and any office that does deal with emergencies will only keep enough people on hand to "pick up the phone" if one happens. |
|
|
|
|
183
|
Other / Off-topic / "Good news" about the Federal Reserve
|
on: April 08, 2011, 05:36:29 PM
|
|
There has been some debate here about whether the Federal Reserve is a public or private institution. Caught an interesting factum while watching CNN today: while talking about the consequences of a government shutdown*, the news host said the "good news" is that such a shutdown would not affect the Federal Reserve, so we can rest assured that "money will keep flowing" in the economy. Yay...
* - for those who haven't been keeping up on US politics, unresolved debates over the budget have brought the government to within a few hours of ceasing all nonessential services and suspending pay to government employees
|
|
|
|
|
185
|
Economy / Economics / Re: Converting value between currencies.
|
on: April 07, 2011, 10:26:48 PM
|
may i dude you?
dude,
you come from country with the oldest central bank, thus banking and money creation has the longest tradition known to men there where you come from and you ask in an internet discussion forum basic things about it?
you no troll, right?
in the top right corner of each page is the search box. huge amount of personal experience, opinions, recommendations and discussions have been written in this forum. just search. be active, do your homework.
will you really read whole books on the topic?
as for the value, i would pay 50 sek for 10 bitcoins. i would even mail the cash to you, just to get some bitoins and get rid of the femtio kronor banknote. to mess with you and your calculations i would even pay 70 (have a tjugo banknote as well that i want to get rid of). how would you calculate the value from that trade? who will bear the costs for envelope and post stamp? can you be trusted to send money? will you send bitcoins first? who is the market operator here?
you get different price on irc when trading directly with people, different price on bitcoin-central if it matches a trade this week, different price on mtgox and each of the trading options has its own ups and downs.
you can get bitcoins for work or a favor for someone. how would you value that? in your hourly rate in sek / time to complete that task? no book can give understanding of how people relate to money, value. let's see what you get recommended for reading
for the following answer i would like an answer (the above ones are rhetorical)
"how do you cope with the fact that bitcoins have no intrinsic value?"
read they are not from gold/silver, they were not issued by any recognized bank, have no legal backing forcing them to be accepted for debt or tax payments etc. purely mutual agreement between two parties in a transaction. why to exchange sek, eur, us$, anything for a string with nice mathematical characteristics and an entry in a blockchain?
We have had some fairly ignorant and argumentative newcomers on here. divergenta seems intelligent and respectful. Don't bite the noobs. |
|
|
|
|
186
|
Economy / Economics / Re: How to fix bitcoin
|
on: April 07, 2011, 08:00:32 PM
|
Where did the 1 ounce of silver come from, the 1% transaction tax over years. Then maybe you could buy an island with it an create your own country -tax free government free. I wonder it is is possible to buy land somewhere and create your own country.
I think there should be a separate subforum for these kind of posts  It sounds like perhaps it belongs in this one. |
|
|
|
|
187
|
Other / Chinese students / Re: Offer For Chinese Students
|
on: April 07, 2011, 06:18:58 PM
|
Sand monk: "teacher, later if trouble we never came to find guanyin bodhisattva."
Eight quit: "you eat the wrong medicine?" Sand monk: "I did not take medicine."
Eight quit: "that you should take medicine."
Tang's monk: "don't butt in! Why?"
Sand monk: "let's go find'll do it."
office, national chain Tang's monk: "enlightened net you too naive! If that is what you get that I named the jade emperor more."
Do you laugh now?
My address:1CGWFPzTWum4dfnx7VAddmyAA4n6FG4Kid
That is one of the funniest things I have ever read. |
|
|
|
|
188
|
Economy / Economics / Re: A Resource Based Economy
|
on: April 07, 2011, 06:03:30 PM
|
We should declare the earth and all its resources as the common heritage of all people, as we recognize that we are transient caretakers of a finite planet. We recognize that all people can work together for the benefit of mankind in a collaborative and cooperative effort to allow each person to reach their highest potential.
You use the word "we" a lot. Who does "we" include, and not include? Clearly it doesn't include the people who are criticizing your ideas, because all "we" seems to do is agree with them. So what happens to the people who don't fall under the category of "we"? I refer to the people who understand the ideas and goals of an RBE and work towards those ends. Admittedly there are very few, but we are working towards helping people come to understand what we're doing and why it is a better alternative to what is being done now. We intend to build a model that makes the current paradigm obsolete, so the number of people who disagree or don't understand will be reduced significantly as they are able to see how these ideas are beneficial to all people. Nothing "happens" to them. But the remaining people who oppose your system - and oppose it more intensely, perhaps violently, as it is forced upon them (because, even if you see your system as perfectly rational, you must recognize that humanity is not) - how will they be dealt with? You will not reach a consensus of seven billion people. |
|
|
|
|
189
|
Economy / Marketplace / Re: 20 Bitcoin for a good name
|
on: April 07, 2011, 05:58:40 PM
|
OK, that's it everyone, thank you for your effort, I finally came up with it myself.
The name for the exchange will be:
GLobal
Bitcoin
Stock
Exchange
GLBSE, or the glibsee, I've already gotten the .org, .com, and .net domains
>_< I totally read that "Gay, Lesbian and Bisexual Stock Exchange". |
|
|
|
|
190
|
Economy / Economics / Re: A Resource Based Economy
|
on: April 07, 2011, 09:18:07 AM
|
We should declare the earth and all its resources as the common heritage of all people, as we recognize that we are transient caretakers of a finite planet. We recognize that all people can work together for the benefit of mankind in a collaborative and cooperative effort to allow each person to reach their highest potential.
You use the word "we" a lot. Who does "we" include, and not include? Clearly it doesn't include the people who are criticizing your ideas, because all "we" seems to do is agree with them. So what happens to the people who don't fall under the category of "we"? |
|
|
|
|
193
|
Economy / Marketplace / Re: Selling Portal and Bioshock!
|
on: April 07, 2011, 02:37:25 AM
|
I am selling these games for bitcoins!
I have no bitcoins (well 0.05 BTC) and I would like some
 D'oh, my apologies. I was originally wondering why you put the price in pounds, and then I took "no bitcoins" as an answer to my question. |
|
|
|
|
195
|
Other / Off-topic / Re: I feel ignorant today.
|
on: April 07, 2011, 01:45:46 AM
|
Walker Percy. The Last Gentleman is an incredible novel - philosophical, dramatic and wryly humorous in all sorts of subtle ways. The Message in the Bottle is a collection of very interesting essays on the philosophy of language. Unfortunately those are the only two I've read.
|
|
|
|
|
196
|
Bitcoin / Bitcoin Discussion / Re: Official Bitcoin Unicode Character?
|
on: April 07, 2011, 01:25:36 AM
|
I "falcon punched" you on a technicality, which wasn't very nice of me, but I did it to make a point: the bitcoin ecosystem is not monolithic. It's not designed to be. Bitcoins are meant to be the topsoil on which the seeds of our geniuses are nourished, no more than that. The foliage is up to us. If you want to change something, go make it happen. :-)
That being said, one thing we could "change" is to make the Bitcoin ecosystem just a little bit more "monolithic". A Bitcoin Organization is obviously not strictly necessary, and would have no authority beyond its good name, but likewise there is no authority stopping such an organization from being formed. I agree with rooofl insofar as I think that Bitcoin's most prolific users, developers and contributors could benefit from being a little bit less anarchistic - organize, vote on leaders and proposals, make press releases, and assert some of the authority that comes with their experience. If anyone wants to reject that authority, they are more than free to compete with it. But there is nothing philosophically contradictory (in my opinion) or logistically preventable about the formation of a dominant "Bitcoin Organization". |
|
|
|
|
200
|
Other / Off-topic / Re: I am John Galt
|
on: April 05, 2011, 10:46:22 PM
|
Oh no.
I would have expected your response to be one of apathy.  Bitcoin is in a league above Rand. I don't particularly prefer this. It was just a joke. Atlas... shrugged? ...I'll see myself out. |
|
|
|
|
Show Posts
