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Author Topic: Introduce yourself :)  (Read 1058590 times)
Aptitude
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June 20, 2011, 06:03:12 PM
 #781

Hi, I am Aptitude, aaand 3 more posts to go...
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1556203964
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Harry
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June 20, 2011, 07:09:05 PM
 #782

So I need another few posts.
Harry
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June 20, 2011, 07:09:51 PM
 #783

So I need another few posts.
To this thread to get...
JazzyJ
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June 20, 2011, 07:10:13 PM
 #784

now i'm trying to set up mining on my linux box but i'm running into errors.  i followed these steps http://forum.bitcoin.org/?topic=3356.msg47489#msg47489  but i'm using ubuntu 10.04 and i'm getting this error

It may be better to start a new thread with your question scar.
Harry
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June 20, 2011, 07:11:08 PM
 #785

So I need another few posts.
To this thread to get...
The permission to write to another thread where my writing is on topic Smiley

so long
Harry
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June 20, 2011, 07:12:39 PM
 #786

The permission to write to another thread where my writing is on topic Smiley

Still not enough, so here goes another one.
101100100110
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June 20, 2011, 07:30:57 PM
 #787

Hey all,

I'm a writer based in Chicago.  I'm not a miner or trader, but I am very interested in the sociology and economics of the Bitcoin experiment.

I also find the goldbuggery / currency crankery that Bitcoin tends to attract to be personally hilarious.  I was around for the adoption of the web, and I see something around Bitcoin that is very familiar to something I saw on USENET and early forums:  a huge volume of dramatically wrong utterances espoused by so many people that the world as we knew it was over, man.  

Right.  Fifteen years later on, giant corporate monoliths are actually bigger, the biggest piles of capital are still pushed around by idiots whose only qualification is to have been pooped out of elite business schools, and with very few exceptions, internet entrepreneurship has created investment bubbles rather than substantive change in value creation.    

Cryptocurrency is awesome.  It isn't going to make economic libertarian whackos happy, though.  The only thing that will do that is weed.

Anyway, I love P2P stories and I find Bitcoin amazing.  



 
zargon
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June 20, 2011, 07:47:16 PM
 #788

howdy y'all
CJYP
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June 20, 2011, 07:49:24 PM
 #789

Hello.

We're really allowed to just say hello and knock off 1/5 of the requirement to become jr. member?
zargon
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June 20, 2011, 07:51:12 PM
 #790

Hey all,

I'm a writer based in Chicago.  I'm not a miner or trader, but I am very interested in the sociology and economics of the Bitcoin experiment.

I also find the goldbuggery / currency crankery that Bitcoin tends to attract to be personally hilarious.  I was around for the adoption of the web, and I see something around Bitcoin that is very familiar to something I saw on USENET and early forums:  a huge volume of dramatically wrong utterances espoused by so many people that the world as we knew it was over, man.  

Right.  Fifteen years later on, giant corporate monoliths are actually bigger, the biggest piles of capital are still pushed around by idiots whose only qualification is to have been pooped out of elite business schools, and with very few exceptions, internet entrepreneurship has created investment bubbles rather than substantive change in value creation.    

Cryptocurrency is awesome.  It isn't going to make economic libertarian whackos happy, though.  The only thing that will do that is weed.

Anyway, I love P2P stories and I find Bitcoin amazing.  


are you suggesting that the internet has not noticably changed the world?  
Solution
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June 20, 2011, 07:52:24 PM
 #791

Haha bitcoins. In.
CJYP
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June 20, 2011, 07:52:36 PM
 #792

Quote
are you suggesting that the internet has not noticably changed the world?  
That's what it looks like he is saying.
101100100110
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June 20, 2011, 08:05:28 PM
 #793


are you suggesting that the internet has not noticably changed the world?  

From the point of view of the rich, yes, that is what I am saying.

To the rich, the net has provided new avenues for venture capital, and expanded the opportunity for investment in net-related technologies, but these by and large have been bubble investments.  And the rich were already profiting from bubbles - for example, nobody needed the web to invent mortgage-backed securities.  Generally, very little change there.

Sure, there are exceptions, but by and large, the "immutable bylaws of business" have continued to accrete capital to the rich.   In 1996, the wild-eyed among us were certain that capital itself was being democratized and decentralized (such as Bitcoin/P2P cryptocurrency is often said to be doing).  That is, to say the least, not the case a decade and a half later.

 
btcsquirrel
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June 20, 2011, 08:19:36 PM
 #794

Noob miner reporting for duty. Smiley
MarketAnarchist
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June 20, 2011, 08:20:21 PM
 #795

So, because the rich have gotten richer we should all just abandon this and let the Fed run the world.

Nice try, Ben Bernanke.
101100100110
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June 20, 2011, 08:25:42 PM
 #796

So, because the rich have gotten richer we should all just abandon this and let the Fed run the world.

Nice try, Ben Bernanke.

Hahahaha

Yes, I said those things.

Exactly.

http://themagicdragon.org/wp-content/uploads/2009/08/eidoBong.jpg
NF6X
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June 20, 2011, 08:29:35 PM
 #797

Hello.

We're really allowed to just say hello and knock off 1/5 of the requirement to become jr. member?

Yes.

P.S.: Hello.  Wink
zargon
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June 20, 2011, 08:45:44 PM
 #798



From the point of view of the rich, yes, that is what I am saying.

To the rich, the net has provided new avenues for venture capital, and expanded the opportunity for investment in net-related technologies, but these by and large have been bubble investments.  And the rich were already profiting from bubbles - for example, nobody needed the web to invent mortgage-backed securities.  Generally, very little change there.

Sure, there are exceptions, but by and large, the "immutable bylaws of business" have continued to accrete capital to the rich.   In 1996, the wild-eyed among us were certain that capital itself was being democratized and decentralized (such as Bitcoin/P2P cryptocurrency is often said to be doing).  That is, to say the least, not the case a decade and a half later.

 

well, thats merely side of the coin now isn't it.  I do beleive it(our beloved internet) has atleast mildly shrunk the gap and allowed many people to elevate themselves, and made it much cheaper for the little guy to try and get ahead, share information, get around the big bad fortune 500'ers and other rich fat cats.

many of the rich are rich for a reason, they are ruthless and/or smart and of course use new tech to stay richer
lilika
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June 20, 2011, 08:48:25 PM
 #799

Hi
I'm lilika from Brasil, and that's my 2nd post......need 3 more  Cheesy
101100100110
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June 20, 2011, 09:04:13 PM
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well, thats merely side of the coin now isn't it.  I do beleive it(our beloved internet) has atleast mildly shrunk the gap and allowed many people to elevate themselves, and made it much cheaper for the little guy to try and get ahead, share information, get around the big bad fortune 500'ers and other rich fat cats.


In the US, there's been zero income gap-shrinking, sorry.  Certainly not since the 90s - it's been exclusively gap-widening.  Actually it's been gap-widening since the 50s, the time when labor was most organized and taxes on the rich at their highest.   See: http://www.businessinsider.com/15-charts-about-wealth-and-inequality-in-america-2010-4  (It's also true that that time was when the bulk of the rest of the industrialized world was in ruins due to WWII).

Quote
many of the rich are rich for a reason, they are ruthless and/or smart and of course use new tech to stay richer

Sure, there are different reasons, but the biggest reason is this: at least half of the rich are rich because of inheritance.  I'm not sure how ruthless or smart one needs to be to come chargin' outta that privileged uterus.  Here's how it was in 1997: not much different today. 

http://www.faireconomy.org/press_room/1997/born_on_third_base_sources_of_wealth_of_1997_forbes_400

To be clear, I'm not saying that it's hopeless to use Bitcoin, P2P or the web or anything.  I'm saying that overstating the power of these things does us all a disservice and that equal time and attention should be given to the real world we live in as these cool new systems arrive.  As a writer, that's kind of what  I'm here to do Smiley
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