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). 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_400To 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
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timsmith
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June 20, 2011, 09:15:29 PM |
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I see.
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dsrb
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June 20, 2011, 09:29:10 PM |
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Officer Krupke here.
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zzeroo
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June 20, 2011, 09:30:27 PM |
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Hey there, that's me && I want to get out of this noop section .
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coinvestor
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June 20, 2011, 09:42:55 PM Last edit: June 20, 2011, 10:25:06 PM by coinvestor |
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I'm a coinvestor pronounced [coin]-[vestor] My name is Ryan and I am conjointly running the Coinvestor account. My partner Scott will be the other proprietor of the account. Both of us are experienced in tech start-ups, social media, marketing, advertising, investing, entrepreneurship, economics, and consulting on all topics. We love discussions and questions. We've begun mining operations, trades (currencies & GLBSE), and purchasing w/ BTC for personal interest. We'll see where that leads for business opportunities. We're both excited to get our hands dirty in the fields of bitcoin. Any time we post you'll know who's who. I'll be signing "Coinvestor (Ryan)" and he'll do the like. PM us with the topic and to whom the message is intended in the subject line. We'll be punctual if you send it in U.S. hours. Coinvestor (Ryan)
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CosicMiner
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June 20, 2011, 09:58:19 PM |
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I am CosicMiner and I am addicted to bitcoin.
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tlan
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June 20, 2011, 10:00:22 PM |
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Currently mining for fun, might be developing when being able to contribute on the forum.
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coinstackers
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June 20, 2011, 10:19:55 PM |
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Coinstacker was here.
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unsub10950
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June 20, 2011, 10:26:21 PM |
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Hello I found out about bitcoin thanks to all the silkroad media attention but the concept really struck a cord wth me as I am a huge fan of Neal Stephensons books particularly cryptonomicon and some libertarian ideas. Not a real libertarian though. I consider myself a socialist libertarian as their are some things like energy that are to important and need long term planning so need more controls than a for profit company.
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capn noe
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June 20, 2011, 10:34:23 PM |
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Howdy!
I've been followin' BitCoin for a few weeks now, and I'm interested. I'm very open to a cryptocurrency but I'm terrified that this isn't going to be the one that 'sticks'. Either way, I'm willing to start getting into it.
I'm really hoping to meet some local bitcoin folks and see what kind of services I can offer them. I have a welding torch, a plumbers wrench, a multimeter, and a ton of small appliances. Usually I work off USD via craigslist, but I'm gonna start taking BitCoins for all my small sales as well. I hope I don't regret it, and I am super nervous about how I'm going to calculate value of physical objects for BitCoins; but I am not relying on small contracts and sales to keep myself fed and in rent so the risk might be worth it.
Now how many bitcoins is a geodesic dome worth? HRMMMMMMM......
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beeks
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June 20, 2011, 10:39:12 PM |
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Just a lowly one-GPU pool miner interested in the technology of bitcoin.
Just basically registered to discuss in a few threads about the opening up of top level domains.
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Akeeru
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June 20, 2011, 10:53:48 PM |
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Hey,
its me!!!!
Post to get out of this noob shizzle
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speckman
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June 20, 2011, 11:01:38 PM |
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Hello. I'm a miner, only a few weeks old. Just started trading on mtgox seriously a day before the big hooplah. Was furiously hitting buy the whole time but it was apparent things were seriously not working at that point. I'm glad they're rolling back and taking the time to implement some serious security and test it. Largely I want to get my 50 posts in so I can say that to the whiners with 1000 points. Let them get it right. I'm mining maybe for profit but at least to pay off my new hardware. It's perfect for some future programming plans of mine involving AI and genetic programming. Bitcoin mining clued me into the strength of ATI in integer ops. So kudos! Anyway, very exciting, all of this massively exponentially increasing GPU power. Mark (and my username is just my last name because I wasn't feeling creative at the time)
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Karen Palen
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June 20, 2011, 11:14:10 PM |
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Hey,
its me!!!!
Post to get out of this noob shizzle
If you have such a HUGE problem coming up with something new to say - WHY are you complaining (polite term) ] You can READ all of the forums as a "guest" so unless you an "opinionated curmudgeon (like me!) what is your problem??
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BillX
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June 20, 2011, 11:22:31 PM |
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Hola Y'all!
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101100100110
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June 20, 2011, 11:23:19 PM |
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Hello. I'm a miner, only a few weeks old.
You know, I realize that slapping a GPU into a mobo isn't that tough, but I have to say I'm pretty impressed. Were you at least weaned off of breast milk before you got started?
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dodgrr
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June 20, 2011, 11:31:54 PM |
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I'm that guy. Fan of fumes, shiny stuff, prime numbers. Bad investor
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glassine
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June 20, 2011, 11:40:09 PM |
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Howdy! Glassine here.
I'm just burning spare CPU cycles at ~11 MHash/sec since as yet I got no GPU. So far bitcoin-miner for CPU and deepbit.com seem to be my stable optimal choices, although the former will likely change once I get a decent GPU.
Cheers! - glassine
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Salain
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June 20, 2011, 11:45:01 PM |
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Just a quick hello/first post. Looking forward to seeing where bitcoins go.
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glassine
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June 20, 2011, 11:50:17 PM |
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Hey B26, Thanks for the interesting link! I've been curious to see a breakdown like this and it's good to see some actual data to support what should be obvious to anyone who's been paying attention: It's the first $million that's the difficult part. Now if only there were similar reports to confirm another suspicion -- that most all of the world's largest fortunes were built on fraud or other crimes -- the story would be a lot closer to complete. Cheers, - glassine
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