How many people will die because of the Bitshares Corporate Fascists/Communists?

[DecentralizeEconomics]

Bitshares is going to have ... people stab or murder each other eventually.  It will be great for Coindesk news.  It's also going to have elements of corporate fascism

Hey if Daniel is willing to give up all the collectivism crap...

Daniel is inherently socialist. I recently exhanged a few posts with his brother and still the same attitude difference seems to persist between us.

HOLY SCHNIKES!!!

Bitshares supporters openly admit that Bitshares will lead to stabbings, murder and corporate fascism!!!

It's obvious to everyone that the evil Larimer twins, Stanlin and Dan, are raging crypto communists out to redistribute everyones' wealth to their own pockets and will stop at nothing until they have stolen every last satoshi.

How many people have to die before these madmen are stopped?

[1714850775]

1714850775

[1714850775]

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[1714850775]

1714850775

[onemorexmr]

ROFL?
Bitshares will die one day because of their strange assets (like BitUSD) which will eventually lead to a complete lost of trust in a black-swan like event.

no need to make such doomsday-threads when it will die anyway

[testz]

[sofu]

 

[tat123]

DE should say he is barking at the elephant in the room... ah too late! Just kidding BTS guys. Congrats on Graphene. Looking forward to using it. BTS 1.0 was an elephant in the room, what will Graphene be? DE... that's your cue dude.

And I went with Pol Pot. Just because nobody else picked him. Good luck with your lynching. And one more thing... BitcoinSatan is really BitcoinJesus 2.0 ... so watch out for that dude. He'll trip you up like the Devil himself! Nasty little bugger! All hail Satan just in case!

[r0ach]

Is this post for real?  He basically fabricated a post by me by deleting 99% of the post and piecing selected words together.  The entire post it came from is here:

https://bitcointalk.org/index.php?topic=1171109.msg12376895#msg12376895

I can't believe he's shilling for NXT while ignoring all the problems presented with it in that thread that make it impossible to function on a global scale, with the possible exception of being a clearing mechanism between banks / SDR notes.  This would do nothing to change the system we already have though, and would inevitably be turned to fractional reserve.

[crypto jerk]

Please add George Bush to the poll. I think he has killed a million

[DecentralizeEconomics]

Is this post for real?  He basically fabricated a post by me by deleting 99% of the post and piecing selected words together.  The entire post it came from is here:

https://bitcointalk.org/index.php?topic=1171109.msg12376895#msg12376895

I can't believe he's shilling for NXT while ignoring all the problems presented with it in that thread that make it impossible to function on a global scale, with the possible exception of being a clearing mechanism between banks / SDR notes.  This would do nothing to change the system we already have though, and would inevitably be turned to fractional reserve.

I fabricated nothing.  Everyone go read the original post.  These corporate fascists / communists are a bunch of liars.

Your statement that NXT's PoS is "impossible to function on a global scale" is another red lie.  All the DPoS commies want to do is centralize everything and control everyone.  Don't let them get their dirty, red claws on your blockchain.

DPoS is not decentralized.  Here is why:

For all those interested in how a few of the wealthiest Bitshares' stakeholders can effectively rig the mass majority of the elections, here is how.

It doesn't matter if you collect delegates' SSNs, driver's licenses, birth certificates and thumbprints, Bitshares' DPoS mechanism will always be susceptible to manipulation.  You have introduced a "social construct" (aka voting) which turns Bitshares' delegates into a "government of the wealthy".  No one will ever know what type of "behind-the-scenes" politics is going on which results in which delegates are selected.

Because you have instituted this ridiculous charade into chain security, all your figures on "decentralization" and "speed of decentralization" are speculative and assume that all 101 delegates are unique, non-colluding individuals.  The fact is all these delegates are not going to compete against each other for a position.  Who will become a delegate and control the delegate selection process are the wealthiest stakeholders.  This will be accomplished in a quid pro quo manner.  This means that really Bitshares is less decentralized than NXT because they will be able to form political/business coalitions which imo will result in them dominating the delegate selection process.  The wealthiest stakeholders in Bitshares can do this very easily because it is an "Approval Voting" process.  This allows stakeholders to put the entire weight of their stake behind each and every delegate they approve. The Bitshares' devs will deny this to the very end because they are part of this "ruling elite".

I think I could make a pretty good argument that delegates' "real world" identities being known by the community doesn't really matter or prevent a "Sybil attack".  Imo, what would constitute a "Sybil attack" is the collusion of delegates' motives.  I'm also pretty positive that the colluding delegates wouldn't "harm" the Bitshares' ecosystem, but instead use their power to manipulate delegate elections to capitalize on the delegate positions.  Everybody can know everyones' name, but it's impossible to know their true intentions.

Any block chain has the problem that a few big players can collude, whether they are large stakeholders or large hashpoolers.  We dilute that down to under one percent influence per delegate, max.

Then there's the question of what they can collude about.  We can all observe whether they are performing their very limited block signing job to spec or not. We can look at their published price feeds. They have no other power.

That's true that in all blockchains stakeholders/hashpower can collude, but they can only collude in a one-to-one proportion to their stake/hash.  Since approval voting is used in delegate elections, I maintain that large stakeholders can effectively collude to a multiple proportion of their stake.  Whereby, for example, 20% of colluding stake can disproportionately influence the elections of more than 20% of the delegates.  This leads to a coalition of a few wealthy stakeholders being able to determine the outcomes of the mass majority of the delegate elections.  This is especially true considering that voter turnout of smaller stakeholders will be lower than the voter turnout of larger stakeholders.  As I said previously, it would be the intention of the colluding wealthy stakeholders to not harm Bitshares, but to elect delegates from which they would derive monetary gain in excess to their proportion of stake in the system at the expense of all other stakeholders.

Let's give an example.  Remember, in "approval voting", voters do not just vote for one delegate.  They can select as many or as few delegates as they wish and the entire weight of their stake counts towards each delegate they choose.  Say for instance that the top delegate has 50% of the vote and the 101st delegate has 30% of the vote.  The voting spread percentage is 20% (50%-30%).  If the votes per delegate is a linear increase according to delegate rank, an additional 10% of the stake vote will move the 101st delegate to the 50th position.  Likewise, a removal of 10% of the stake vote from the lower 50 delegates will result in them losing their delegate position.  By strategically voting, a few wealthy stakeholders can influence a disproportionate number of delegate positions in relation to their actual stake.  In this example, a coalition of 10% stake was able to control 50% of the delegates.

Does this sound fair to you?!

[StanLarimer]

Thanks for helping to call more attention to BitShares 2.0 !

You can read how the new DPOS 2.0 features actually work here...

Delegated Proof of Stake Consensus


 

[DecentralizeEconomics]

Thanks for helping to call more attention to BitShares 2.0 !

You can read how the new DPOS 2.0 features actually work here...

Delegated Proof of Stake Consensus


 

You're welcome!  I'm pleased to do anything that exposes your wealth redistribution schemes and attempts to establish complete communist hegemony over the blockchain.

Feel free to post here Chairman Stanlin because unlike you, I support freedom of speech and don't moderate any of my threads.  I don't fear the truth and I don't have anything to hide.

[Bisha]

DE doesn't know Streisand Effect

[DecentralizeEconomics]

DE doesn't know Streisand Effect

It seems Chairman Stanlin and his comrades don't know about the Streisand effect.  What do they expect when they moderate all of their threads and actively attempt to hide the truth from the public?  They are the censors not me.

"The Streisand effect is the phenomenon whereby an attempt to hide, remove, or censor a piece of information has the unintended consequence of publicizing the information more widely, usually facilitated by the Internet."

[puppies]

DE doesn't know Streisand Effect

DE doesn't know what words like communist and fascist mean.  Or at least is incapable of using them properly. 

I'm not sure if we should blame public education, the main stream media, alternate media, his parents.  I have tried to communicate with him, and I have come to the conclusion that he is in no way interested in communication.

He is the type of person that would talk about free speech if he was told to shush in a movie theater.  He might honestly believe that he was being censored.  I'm not sure you can reason with a person like that.

I would take him more seriously if he was able to
1) articulate an intelligent point, rather than spout large words he obviously doesn't understand.
2) Show a modicum of respect for private property, and  the slightest manners.

While I would hope the above is apparent to all, I fear that the mindless hostility exemplified by DE, the media, and politicians from the right and the left is so prevalent because it works. 

I fear for a society that allows such vitriol to be taken as serious arguments.  I fear for the minds that are swayed by such.  Now I am getting off topic.

If you are interested in learning the truth about bitshares and the motivation of the people behind it I would suggest you head on over to bitsharestalk.org or post in one of the many threads in this forum.  https://bitsharestalk.org/index.php?topic=2853.0 Is one of my personal favorites as its the thread that did the most to attract me to the bitshares community in the first place.

[DecentralizeEconomics]

DE doesn't know Streisand Effect

DE doesn't know what words like communist and fascist mean.  Or at least is incapable of using them properly. 

I'm not sure if we should blame public education, the main stream media, alternate media, his parents.  I have tried to communicate with him, and I have come to the conclusion that he is in no way interested in communication.

He is the type of person that would talk about free speech if he was told to shush in a movie theater.  He might honestly believe that he was being censored.  I'm not sure you can reason with a person like that.

I would take him more seriously if he was able to
1) articulate an intelligent point, rather than spout large words he obviously doesn't understand.
2) Show a modicum of respect for private property, and  the slightest manners.

While I would hope the above is apparent to all, I fear that the mindless hostility exemplified by DE, the media, and politicians from the right and the left is so prevalent because it works. 

I fear for a society that allows such vitriol to be taken as serious arguments.  I fear for the minds that are swayed by such.  Now I am getting off topic.

If you are interested in learning the truth about bitshares and the motivation of the people behind it I would suggest you head on over to bitsharestalk.org or post in one of the many threads in this forum.  https://bitsharestalk.org/index.php?topic=2853.0 Is one of my personal favorites as its the thread that did the most to attract me to the bitshares community in the first place.

We should all blame public education, the mainstream media, alternate media and your parents that you are too uneducated to realize that there is no difference between corporate fascism and communism.  For each is control of the state by corporations, the former via state capitalism and the latter via state socialism.  Both resulting in a state monopoly which destroys the middle class and leads to an ever expanding disparity between the rich and the poor.

I respect private property.  You Bitshares Communists are the ones which implemented a system which allows Chairman Stanlin to seize money out of peoples' accounts and redistribute it to his own wallet.  You're all a bunch of liars, cheaters and thieves.

[DecentralizeEconomics]

DE b muh BTS bump bitch

Perfect example of the degenerate communists involved in Bitshares.

[puppies]

DE doesn't know Streisand Effect

DE doesn't know what words like communist and fascist mean.  Or at least is incapable of using them properly. 

I'm not sure if we should blame public education, the main stream media, alternate media, his parents.  I have tried to communicate with him, and I have come to the conclusion that he is in no way interested in communication.

He is the type of person that would talk about free speech if he was told to shush in a movie theater.  He might honestly believe that he was being censored.  I'm not sure you can reason with a person like that.

I would take him more seriously if he was able to
1) articulate an intelligent point, rather than spout large words he obviously doesn't understand.
2) Show a modicum of respect for private property, and  the slightest manners.

While I would hope the above is apparent to all, I fear that the mindless hostility exemplified by DE, the media, and politicians from the right and the left is so prevalent because it works. 

I fear for a society that allows such vitriol to be taken as serious arguments.  I fear for the minds that are swayed by such.  Now I am getting off topic.

If you are interested in learning the truth about bitshares and the motivation of the people behind it I would suggest you head on over to bitsharestalk.org or post in one of the many threads in this forum.  https://bitsharestalk.org/index.php?topic=2853.0 Is one of my personal favorites as its the thread that did the most to attract me to the bitshares community in the first place.

We should all blame public education, the mainstream media, alternate media and your parents that you are too uneducated to realize that there is no difference between corporate fascism and communism.  For each is control of the state by corporations, the former via state capitalism and the latter via state socialism.  Both resulting in a state monopoly which destroys the middle class and leads to an ever expanding disparity between the rich and the poor.

I respect private property.  You Bitshares Communists are the ones which implemented a system which allows Chairman Stanlin to seize money out of peoples' accounts and redistribute it to his own wallet.  You're all a bunch of liars, cheaters and thieves.

Words have meaning.  When you use two different words that have distinct meanings and claim there is no difference between them you just show your ignorance.  While I would agree with the sentiment that both corporate fascism and communism are evil, they are most certainly not the same.  You continue to show that you clearly do not understand what you are talking about. 

[DecentralizeEconomics]

DE doesn't know Streisand Effect

DE doesn't know what words like communist and fascist mean.  Or at least is incapable of using them properly. 

I'm not sure if we should blame public education, the main stream media, alternate media, his parents.  I have tried to communicate with him, and I have come to the conclusion that he is in no way interested in communication.

He is the type of person that would talk about free speech if he was told to shush in a movie theater.  He might honestly believe that he was being censored.  I'm not sure you can reason with a person like that.

I would take him more seriously if he was able to
1) articulate an intelligent point, rather than spout large words he obviously doesn't understand.
2) Show a modicum of respect for private property, and  the slightest manners.

While I would hope the above is apparent to all, I fear that the mindless hostility exemplified by DE, the media, and politicians from the right and the left is so prevalent because it works. 

I fear for a society that allows such vitriol to be taken as serious arguments.  I fear for the minds that are swayed by such.  Now I am getting off topic.

If you are interested in learning the truth about bitshares and the motivation of the people behind it I would suggest you head on over to bitsharestalk.org or post in one of the many threads in this forum.  https://bitsharestalk.org/index.php?topic=2853.0 Is one of my personal favorites as its the thread that did the most to attract me to the bitshares community in the first place.

We should all blame public education, the mainstream media, alternate media and your parents that you are too uneducated to realize that there is no difference between corporate fascism and communism.  For each is control of the state by corporations, the former via state capitalism and the latter via state socialism.  Both resulting in a state monopoly which destroys the middle class and leads to an ever expanding disparity between the rich and the poor.

I respect private property.  You Bitshares Communists are the ones which implemented a system which allows Chairman Stanlin to seize money out of peoples' accounts and redistribute it to his own wallet.  You're all a bunch of liars, cheaters and thieves.

Words have meaning.  When you use two different words that have distinct meanings and claim there is no difference between them you just show your ignorance.  While I would agree with the sentiment that both corporate fascism and communism are evil, they are most certainly not the same.  You continue to show that you clearly do not understand what you are talking about. 

You obviously buy hook, line and sinker the very superficial and cursory definitions provided to the masses regarding the terms "corporate fascism" and "communism" without actually deducing for yourself the result of both systems which is the merger of both state and capitalist bureaucracy.

As it has been said of the communist revolution:

"It is only the old feudal large landed property which exists no longer. Conditions in Russia were ripe for its abolition but they were not ripe for the abolition of capitalism. Capitalism is now once again celebrating a resurrection, but in forms that are more oppressive and harrowing for the proletariat than of old. Instead of assuming higher industrialised forms, private capitalism has assumed the most wretched and shabby forms of black marketeering and money speculation. Industrial capitalism has developed to become state capitalism. Formerly state officials and officials from private capital were critical, often very hostile towards each other. Consequently the working man found that his advantage lay with one or the other in turn. Today the state bureaucracy and capitalist bureaucracy are merged into one—that is the upshot of the great socialist revolution brought about by the Bolsheviks. It constitutes the most oppressive of all despotisms that Russia has ever had to suffer."

So, now you see that there is no difference between corporations controlling the state, "corporate fascism", or the state controlling corporations, "communism".  They are but one and the same only differentiated by the means to the same end.  I'm sorry to be the one to break it to you and anyone else that believes the two systems are different, but you've been duped.

[BitcoinNational]

bts may have a elephants ton of $Cap

but as pts holder ... i have know clue as to what's up with several of the products bought and paid for but NEVER seen ... that's vaporware level fail.

now throw in the fact that the pegged currency play (although a smart sector to target) seems to be a miss ... nu and tether are eating that lunch.

add nill assets on the platform ... CP and NXT are eating that lunch.

the only measure-able asset is daily volume.

[StanLarimer]

Then you started paying attention at exactly the right time! 

[Pheonike]

I come to realize that DE is the strongest believer in Bitshares success. Even with the flaws he perceives that it has, he truly believes that Bitshares will take over the world. He has spent months in this forum letting everyone know how powerful DPOS and Bitshares are. Even with these perceived flaws he believes Bitshares will be more influential than Bitcoin/NXT and all other cryptos. I can't help but admire that confidence and dedication. I have been with Bitshares since the PTS and I thought it could only go to the moon. No one has worked harder to let everyone know Bitshares will go beyond the moon and leave the solar system or even the Galaxy! So I just want to say keep up the great work of letting everyone know just how powerful the Bitshares concept is so it can take over the world!