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Author Topic: How evil is Bitcoin ?  (Read 14390 times)
ShadowOfHarbringer
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October 31, 2010, 01:53:38 AM
 #101

We live in barbaric times.
More like moronic times.
And inflations have a tendency to end empires.

And it will, again. BTW:

1. 1929 (Great depression) http://en.wikipedia.org/wiki/Great_depression
2. 1970 (EDIT: 1973) (Oil crisis) http://en.wikipedia.org/wiki/1973_oil_crisis
3. 2010 ?? ??
4. Profit !

Am I the only one that notices a pattern here ? A mega-crisis every 40 years perhaps ?
I myself have a theory that inflationary & fiat money economy causes crisises regularly every X years, because every X years the bubble pumped by government & massive speculation has to explode. You can't pump a baloon forever, it has to blow some time.

IMHO the "current" mega-crisis is either a little late, or has already started. The second is more probable.
I wonder if this is the one that will end USA imperialism.

EDIT:
Actually, current crisis is not late at all. As the oil crisis happened in 1973, not in 1970, we should still have at least 2 years until it hits...
So... 2012 ? Cheesy

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ShadowOfHarbringer
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October 31, 2010, 02:14:16 AM
 #102

It seems we both don't know each others stories.

I am currently a teenager with no job.
Before you start accusing me of living of my parents.
My parents where decently living in Poland before we moved here 16 years ago. They had good jobs (Teacher and Programmer) and a house and where able to support doing almost whatever they felt like.
Now that we moved to Canada.
My mom works 50 cents above minimum wage and several illegal jobs. My fathers bust his ass in a factory just to pay the mortgage.
I steal my neighbors Wifi, dumpster dive and shoplift. I also have 3 younger siblings. At school we have fundraisers that I cannot afford to take part of. Such as casual Fridays because it costs 15 bucks a year. I share alot of books and other stuff with my friends who are also politically anarchocollectivist/anarchosyndicalist. To me I know that we dont live in poverty but this is not how each person should live on the world. That is why I hate capitalism.

Just wanted to clear that up so you don't think I'm a 40 year old guy who has no one to feed and claims he can fix the world.

As somebody already said, capitalism is not the reason of Your troubles.
Currently, there are almost NO capitalistic countries in the world.

Canada is a demo-socialist country, and so is now Poland (i know, i come from there). The last known fully capitalistic country was probably USA in the XIX century. After that, it is only more and more socialism.
However, the Poland which You escaped from, was more capitalistic than either Canada or today's Poland, which by the way perfectly explains, why You are now so poor that You have to steal to live while you had so good life in the "old" Poland.

16 years ago, just after gaining independence, Poland had very small bureaucracy and was a very capitalistic country. Then came the regulations....

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October 31, 2010, 03:17:54 AM
 #103

Am I the only one that notices a pattern here ? A mega-crisis every 40 years perhaps ?

No, you are not the only one.  You just stumbled onto Forth Turning social theory, but the full cycle is 80-88 years.  It's a well researched, and little known, theory about generational cycles.  Well worth a read, very enlightening.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
grondilu
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October 31, 2010, 08:14:08 PM
 #104

Am I the only one that notices a pattern here ? A mega-crisis every 40 years perhaps ?

No, you are not the only one.  You just stumbled onto Forth Turning social theory, but the full cycle is 80-88 years.  It's a well researched, and little known, theory about generational cycles.  Well worth a read, very enlightening.

Kongratiev maybe ?
smokeydog
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October 01, 2017, 02:21:06 PM
 #105

Personnaly, I consider bitcoin to be the first serious candidate for an anarcho-capitalistic currency.

Now, searching the web for the concept of anarcho-capitalism, I've found this apparently famous quote from Noam Chomsky :

<<
    Anarcho-capitalism, in my opinion, is a doctrinal system which, if ever
    implemented, would lead to forms of tyranny and oppression that have few
    counterparts in human history. There isn't the slightest possibility that
    its (in my view, horrendous) ideas would be implemented, because they would
    quickly destroy any society that made this colossal error. The idea of
    "free contract" between the potentate and his starving subject is a sick
    joke, perhaps worth some moments in an academic seminar exploring the
    consequences of (in my view, absurd) ideas, but nowhere else.
>>


Well, somehow I agree that ancap could lead to some ugly things.  I doubt however that it would have no "counterparts in human history".  I think that, to some extend, roman empire can be considered as anarcho-capitalistic, for instance.

Anyway, whether or not anarcho-capitalism is evil is a huge subject, but somehow I think it's pretty much the same as wondering whether or not human beings are evil.  Anarcho capitalism gives individuals a huge power, for instance the power of letting people starve heartlessly.  But I also think it could lead to great things.  Anyway, I prefer the anarcho-capitalist perspective, rather than a bureaucratico-socialist world government.

The thing is :  I don't really know if humans are evil, but I'm one of them, and I know I'm not.  So I give others the benefit of the doubt.



Let's do it.  It's time to fine out.   What we have now isn't the way to go.   Free markets, lets do it and let the bitcoins fall where they may.   If I lose, it will be by my own actions and that's fine with me.
smokeydog
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October 01, 2017, 02:29:25 PM
 #106

We live in barbaric times.
More like moronic times.
And inflations have a tendency to end empires.

And it will, again. BTW:

1. 1929 (Great depression) http://en.wikipedia.org/wiki/Great_depression
2. 1970 (EDIT: 1973) (Oil crisis) http://en.wikipedia.org/wiki/1973_oil_crisis
3. 2010 ?? ??
4. Profit !

Am I the only one that notices a pattern here ? A mega-crisis every 40 years perhaps ?
I myself have a theory that inflationary & fiat money economy causes crisises regularly every X years, because every X years the bubble pumped by government & massive speculation has to explode. You can't pump a baloon forever, it has to blow some time.

IMHO the "current" mega-crisis is either a little late, or has already started. The second is more probable.
I wonder if this is the one that will end USA imperialism.

EDIT:
Actually, current crisis is not late at all. As the oil crisis happened in 1973, not in 1970, we should still have at least 2 years until it hits...
So... 2012 ? Cheesy

No, you are not the only person who sees this.
chikading2016
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October 06, 2017, 01:59:27 PM
 #107

Yeah, I suppose I got a little off topic.

Bitcoin could be used to do evil things. You could use bitcoin to pay your evil henchmen when they get tired of fiat. You could buy a gun and shoot a child.

But the gun and the bitcoin were not evil, only you were.

Well I get what you are trying to say. And I actually agree regarding with that. Bitcoin is just a source to earn money. Bitcoin are not the one  that responsible to being a evil.

The reality is, that people who are buying things that make them evil is the one who are or those who using of thatm
balakang00
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October 07, 2017, 01:13:14 AM
 #108

I think bitcoin has no trace of evil because it does not give bad opportunities instead it gives good opportunities to those who enter bitcoin community.

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doublebit21
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October 07, 2017, 01:47:14 AM
 #109

Personnaly, I consider bitcoin to be the first serious candidate for an anarcho-capitalistic currency.

Now, searching the web for the concept of anarcho-capitalism, I've found this apparently famous quote from Noam Chomsky :

<<
    Anarcho-capitalism, in my opinion, is a doctrinal system which, if ever
    implemented, would lead to forms of tyranny and oppression that have few
    counterparts in human history. There isn't the slightest possibility that
    its (in my view, horrendous) ideas would be implemented, because they would
    quickly destroy any society that made this colossal error. The idea of
    "free contract" between the potentate and his starving subject is a sick
    joke, perhaps worth some moments in an academic seminar exploring the
    consequences of (in my view, absurd) ideas, but nowhere else.
>>


Well, somehow I agree that ancap could lead to some ugly things.  I doubt however that it would have no "counterparts in human history".  I think that, to some extend, roman empire can be considered as anarcho-capitalistic, for instance.

Anyway, whether or not anarcho-capitalism is evil is a huge subject, but somehow I think it's pretty much the same as wondering whether or not human beings are evil.  Anarcho capitalism gives individuals a huge power, for instance the power of letting people starve heartlessly.  But I also think it could lead to great things.  Anyway, I prefer the anarcho-capitalist perspective, rather than a bureaucratico-socialist world government.

The thing is :  I don't really know if humans are evil, but I'm one of them, and I know I'm not.  So I give others the benefit of the doubt.


Bitcoin looks like it was designed as a weapon intended to damage central banking and money issuing banks, with a Libertarian political agenda in mind to damage states ability to collect taxes and monitor their citizens financial transactions. Maybe some of them are really evil, but they are not the root of our problems in Bitcoin.
Cobalt9317
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October 07, 2017, 01:47:35 AM
 #110

Ncecropost and off-topic.

If BTC is evil we supposed to not know it from the beginning if we are not evil, life is full of trap and piece of cake, we should hunt only what is good for us it is only natural if we are evil if the things we love are evil from the perspective of our fellow citizen, that is the fundamental logic of this whole situation, they are also wick in front of our eyes.

becareful hunting fellas, evil enemy is too many and severely dangerous.

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