Don't pre-order anything. That's all I can say.  |
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Of course. 1) It's inevitable and 2) it's mostly harmless. (Yes, all smoke causes cell trauma, but it's obviously a personal choice.)
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Not anytime soon
This. It'll be a while. |
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It seems the rabbit hole goes deeper; although these two aim for similar goals, that is, for the removal of the state, they're yet different; anarchists, as I have learned, seek for the removal of all hierarchies, whereas Libertarians stop at there being no (or a tiny) state, implying business would still have leaders; it would seem, then, anarchists take the idea one step further, where businesses do not necessarily have bosses, or bosses of bosses, but people as complete equals; some even claim there cannot be money, which I find difficult to wrap my mind around, for money does not necessarily equate capitalism.
Is Libertarianism only a stepping stone to anarchy, or are they two completely different ideologies with only a similar goal? Does leadership imply hierarchy? Are hierarchies implicitly involuntary? Can business thrive without hierarchy? And what would be the common reaction, having a world of pure anarchy, to people who believe hierarchies are preferable to complete equality?
There is some confusion here. Are you saying that Social Libertarianism is separate from Libertarian socialism? The latter is non-hierarchical, as is anarchism. My understanding has always been that it loosely encompasses most/all forms of anarchism. |
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Website seems slow today.
Yep, I logged in but can't load my transactions. |
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Hey, received payout for 7/8-8/8 on 8/9 -- thanks!
I remember reading at some point that we need to repost here for the next month -- is that the case? Either way, reposting.
Thanks again TF!
My first month ended 8-8, but while I kept the signature, I forgot to repost until 8/13 (above). Should I expect to be paid after the 8th, or after the 13th? Thanks! On the 13th. The intent behind re-registering is so I only pay out to active users. Haven't received payment yet, but re-posting for the next 30 days. Thanks.  |
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100% of trading funds were in fiat since late May, went all in early July and came out 48% ahead in fiat. No coins now (except non-trading funds -- those are waiting for $10k and onwards). Hoping the market doesn't take a shit on me. I missed this last jump, got out at ~118 BTC-E and ~122 Bitstamp.
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We just need some better, slicker, more user-friendly tools.
Yeah, I think that's pretty much the message here. Adoption will require considerable utility, emphasis on top notch UI, and effective marketing of both. We're certainly not there. |
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LOL
Some people believe USSA = the world
[/thread]
I wouldn't assume they intend to stay domestic only... but transitioning into an international platform entails significant overhead. There are dozens of companies moving into this sector, and if you are going to dismiss them on this basis, just wait a couple years. We've been over this before only with Ripple being a threat instead of this thing.
As far as mention of Ripple goes, it's a bad analogy. People are already very comfortable with services like Venmo. Ripple? They don't even understand crypto-currency. They don't want to bother with figuring out trust and debt systems with endless issuers of the same currency (which may or may not be liquid). Ripple is even much less appealing than bitcoin in this respect. taking plastic is a huge advantage for adoption rates cause its simple to set up, Facebook didn't have any clear cut advantage over friendster/myspace from a functional point of view. but it had a great UI and it was cool and it caught on. Same thing i happening now
This. It's a bit early to be dismissive on the basis of adoption. Credit cards and overnight bank transfers with instant processing with a sleek, social networking-oriented interface -- this niche is going to be extremely important going forward. And Venmo is not the only company occupying it by any means. I got a Venmo "friend request" from a from a somewhat tech-savvy person a couple days ago.
Did not follow up, but given that I have yet to receive a Bitcoin payment request from anybody I know (or even Paypal, for that matter), based on this single data point, I'm tempted to take this company slightly more seriously as a money transmission competitor.
As many have pointed out, Bitcoin is much more than just cheap money transmission. But the value proposition of its other properties is much more difficult to understand for the average person, at least until the next financial crisis. So there is a time window during which a competitive transmission service could gain significant mindshare if it goes viral quickly enough.
This is my experience as well. It's strange that I often see bitcoiners hyping its use as currency to make a case for mass adoption... but then they dismiss out of hand the implications of having well-developed products occupying the same niche. If we're just talking about "sound money" -- that's a hell of a lot less attractive to potential adopters. People here are comparing bitcoin to Venmo. That's the wrong way to look at this. We should be comparing bitcoin to the mobile payment and mobile billing sector. Paypal, Wipit, Clover, Square, Zapp/WorldPay, M-Pesa, Dwolla, Google Wallet, TapFunder/WePay, BuyReply, Stripe, Boku, Zong, Fortumo, text2pay, impulsepay, junglepay, onebip, BilltoMobile, Dash, etc. ad nauseum. Shit, I mean..... WorldPay partnering with Zapp means you'll be able to instantly pay vendors like McDonald's with a QR code. Facebook confirmed a few weeks ago that they are testing a portable wallet that will process payments via third parties like Paypal and Braintree. There's a hell of a lot more money being invested into mobile payment start-ups than any start-ups related to bitcoin. That's for sure. |
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I've been saying this for a while. Venmo is the most viable, but there are many other mobile payment providers coming onto the scene. This should have been expected, though.
Interface is much better than Paypal. It's quite intuitive and fits the "social networking" niche far better than bitcoin could ever dream. Regardless of anything else, laymen will understand and be willing to use Venmo much more easily than bitcoin.
Isn't it based on or in fiat? If so, it doesn't change the underlying issue. The underlying issue here for the vast majority of people is not fiat currency. If we want bitcoin to be adopted as a payment system, it needs to compete on that basis. |
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I've been saying this for a while. Venmo is the most viable, but there are many other mobile payment providers coming onto the scene. This should have been expected, though.
Interface is much better than Paypal. It's quite intuitive and fits the "social networking" niche far better than bitcoin could ever dream. Regardless of anything else, laymen will understand and be willing to use Venmo much more easily than bitcoin.
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Hey, received payout for 7/8-8/8 on 8/9 -- thanks!
I remember reading at some point that we need to repost here for the next month -- is that the case? Either way, reposting.
Thanks again TF!
My first month ended 8-8, but while I kept the signature, I forgot to repost until 8/13 (above). Should I expect to be paid after the 8th, or after the 13th? Thanks! |
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1v.io/MAbtc Thanks  |
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It "plunged" to the price it was, what, a week ago?  A 17% drop in value from peak is significant, I think..... |
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The question is whether the powers that be can maintain the system. The answer is: they can.
Pardon me? We would still be living under the Roman Empire if they could. The only question is when the collapse is going to happen. It might happen next year. It might happen in 10 years. If anyone here thinks it won't happen in our lifetime, I can understand that, even though I don't think so. But expecting it to last forever fits Einstein's definition of insanity - "doing the same thing over and over again, and expecting different results". https://www.youtube.com/watch?v=EdSq5H7awi8Funny how little anything has changed since then, isn't it? As I said a few posts earlier, economic collapse will happen. This discussion was in the context of perpetual assertions that we are on the brink of collapse. Ten years from now, or within our lifetime -- those periods are irrelevant to that discussion -- though I think it's unlikely we see anything of this magnitude over those periods, either. Really, I am coming from a psychological standpoint. As stated earlier, I am well aware that massive economic collapse will occur. But to continue to believe that this was impending, for a period of years, in the face of continued normalcy -- that took a toll on me. Plan your shit (I have), but to believe the doomsday shit that gets spewed around here... fuck all that nonsense. So many armchair economists that are so ill-equipped to analyze the world economic system... |
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They are not working to solve the underlying problems of our monetary system at all, they don't even recognize how unsustainable our consumption driven economy that depends on infinite growth really is. And how the absolute power of banks to create money out of nothing and lend it out at interest turns us all into a bunch of debt slaves. Really, people need to be educated about how we're being royally screwed here. Nobody (in a position of power) is working to solve these problems at all, they just want to make you think that way while they keep rigging the system.
But usury is not a problem; it's the goal. The question is whether the powers that be can maintain the system. The answer is: they can. |
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*sigh*
Are there any bibcoin beliebers other than me that don't actually think the world economy is about to collapse, fiat is just a ponzi scheme and that Bernanke is about to reveal that he's just a space lizard being remote controlled by a geostationary Illuminati satellite?
(raises hand) People get pretty animated re "economic collapse!" on these forums. I guess I was the same way when I got into right-libertarian theory years ago. I now know not to underestimate this system's capability for sustaining the unsustainable. We're always on the brink around here, though! Everyone running around talking about a bubble is a fool until the bubble breaks. That's all well and good. If you keep singing that song a few more years, you might find that you'll lose steam. I have. Of course there will be massive economic collapse... at some point. People who perpetually think we are on the brink -- sure, they'll be right, eventually. (shrug) My position is plan accordingly, but don't plan on it happening anytime soon. |
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