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Author Topic: Govcoin.  (Read 5630 times)
grondilu
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November 02, 2010, 01:52:50 AM
 #21

Government hates everything that it cannot control.
Power hungry sickness.
Authority hungry sickness. ~fixed

You got to understand them : what would those guys do for a living if they had no-one to rule and to tax from ??

Having people work for them while they give stupid orders and pointless regulations, that's their job !  They are just defending it.
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November 02, 2010, 07:50:19 AM
 #22

Government hates everything that it cannot control.
Power hungry sickness.
Authority hungry sickness. ~fixed

You got to understand them : what would those guys do for a living if they had no-one to rule and to tax from ??

Having people work for them while they give stupid orders and pointless regulations, that's their job !  They are just defending it.


Thats why its silly to have a government. It attracts exactly the type of psycopath that enjoys those very things....and lawyers.
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November 02, 2010, 08:12:14 PM
 #23

Does it even have to be a government to do this?
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November 02, 2010, 09:25:53 PM
 #24

Does it even have to be a government to do this?

The OP was about forcing people to use a different fork. It's not going to happen, but any organization that could/would do that would be a government.

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Anonymous
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November 02, 2010, 11:46:15 PM
 #25

Does it even have to be a government to do this?

The government is the elephant in the room and if you think they would ever give up their monetary power to the slaves you are kidding... Smiley
 
Could a sufficiently large entity such as the state attach itself to the project and overwhelm it ?

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November 03, 2010, 01:11:53 AM
 #26

Maybe it still has to have 50%+1 processing power or force people to use its own client which would be quite hard. At most kill the businesses that sell products for bitcoins. Then we still have TOR. Its a really tit for tat fight cat and mouse between who will be able to control or undermine who.

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Anonymous
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November 03, 2010, 01:29:23 AM
 #27

Maybe it still has to have 50%+1 processing power or force people to use its own client which would be quite hard. At most kill the businesses that sell products for bitcoins. Then we still have TOR. Its a really tit for tat fight cat and mouse between who will be able to control or undermine who.

Fair enough. I laugh when people say bitcoin should be backed by metal when metal is easily confiscated....

I prefer my currency backed by cryptography. Smiley
grondilu
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November 03, 2010, 01:50:38 AM
 #28

Maybe it still has to have 50%+1 processing power or force people to use its own client which would be quite hard. At most kill the businesses that sell products for bitcoins. Then we still have TOR. Its a really tit for tat fight cat and mouse between who will be able to control or undermine who.

Fair enough. I laugh when people say bitcoin should be backed by metal when metal is easily confiscated....

I prefer my currency backed by cryptography. Smiley

Maybe one day gold will be backed by bitcoins.   Smiley
Anonymous
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November 03, 2010, 01:53:05 AM
 #29

Maybe it still has to have 50%+1 processing power or force people to use its own client which would be quite hard. At most kill the businesses that sell products for bitcoins. Then we still have TOR. Its a really tit for tat fight cat and mouse between who will be able to control or undermine who.

Fair enough. I laugh when people say bitcoin should be backed by metal when metal is easily confiscated....

I prefer my currency backed by cryptography. Smiley

Maybe one day gold will be backed by bitcoins.   Smiley


haha that would make the Austrian economists heads spin around.
grondilu
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November 03, 2010, 01:54:04 AM
 #30

Maybe one day gold will be backed by bitcoins.   Smiley


haha that would make the Austrian economists heads spin around.


LOL !
idev
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November 03, 2010, 12:36:49 PM
 #31

Maybe it still has to have 50%+1 processing power or force people to use its own client which would be quite hard. At most kill the businesses that sell products for bitcoins. Then we still have TOR. Its a really tit for tat fight cat and mouse between who will be able to control or undermine who.

Fair enough. I laugh when people say bitcoin should be backed by metal when metal is easily confiscated....

I prefer my currency backed by cryptography. Smiley

Maybe one day gold will be backed by bitcoins.   Smiley


Or most likely the Bancor.
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November 03, 2010, 04:40:55 PM
 #32

Maybe one day gold will be backed by bitcoins.   Smiley
It will be great! Cheesy

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November 03, 2010, 06:59:11 PM
 #33


Maybe one day gold will be backed by bitcoins.   Smiley


haha that would make the Austrian economists heads spin around.

No, not really.  Austrians don't have problems with double backing, which is what a gold currency with a fixed convertability into Bitcoin would be.  Austrians only have problems with currencies that arise in an unnatural manner, such as every fiat currency in the world.  A gold standard is better than an unbacked fiat, mind you; but the best answer is to remove the monopolies that 'legal tender' laws grant to a particular national currency and let the actions of the people determine what they naturally trust.

BTW, those of you who assume that others whom you interact with on an Internet forum think like yourselves, should try to remember that it's is highly likely that you are being offensive to the very people that you are trying to amuse.

"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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November 03, 2010, 07:07:55 PM
 #34

BTW, those of you who assume that others whom you interact with on an Internet forum think like yourselves, should try to remember that it's is highly likely that you are being offensive to the very people that you are trying to amuse.

I don't understand this paragraph.  But I guess trying to be humoristic on Internet is even harder than I thought.
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November 03, 2010, 07:26:50 PM
 #35


Maybe one day gold will be backed by bitcoins.   Smiley


haha that would make the Austrian economists heads spin around.

No, not really.  Austrians don't have problems with double backing, which is what a gold currency with a fixed convertability into Bitcoin would be.  Austrians only have problems with currencies that arise in an unnatural manner, such as every fiat currency in the world.  A gold standard is better than an unbacked fiat, mind you; but the best answer is to remove the monopolies that 'legal tender' laws grant to a particular national currency and let the actions of the people determine what they naturally trust.

BTW, those of you who assume that others whom you interact with on an Internet forum think like yourselves, should try to remember that it's is highly likely that you are being offensive to the very people that you are trying to amuse.

Or the people getting offended could realize that the people whose posts they're reading think differently from them and are very likely not trying to offend.

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MoonShadow
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November 03, 2010, 11:43:58 PM
 #36

BTW, those of you who assume that others whom you interact with on an Internet forum think like yourselves, should try to remember that it's is highly likely that you are being offensive to the very people that you are trying to amuse.

I don't understand this paragraph.  But I guess trying to be humoristic on Internet is even harder than I thought.


Let me sum it up.  I'm an Austrian Economist.  I don't find the implication that my peers and myself would have our 'heads spin' to be humorous.  I see it as evidence that those who write such things don't understand the ideas of those they attempt to belittle, in addition to a general case of inmaturity.  I have no doubt that some found this joke amusing, but it was posted on a public forum, presumedly with the intent of amusing forum membership.  Since I identify with the butt of your joke, I find it mildly offensive.

"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'
MoonShadow
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November 03, 2010, 11:46:17 PM
 #37

Or the people getting offended could realize that the people whose posts they're reading think differently from them and are very likely not trying to offend.

That's irrelevent.  It's not like it's so bad that I'm never going to get past it, but it's still bad form to offend your readership, even by accident.

"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'
nelisky
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November 04, 2010, 02:24:00 AM
 #38

Or the people getting offended could realize that the people whose posts they're reading think differently from them and are very likely not trying to offend.

That's irrelevent.  It's not like it's so bad that I'm never going to get past it, but it's still bad form to offend your readership, even by accident.

Common sense doesn't come cheap, and that little pair of words has very different semantics value for different people. I don't know anything about Austrian economics, so I didn't find it funny nor offensive.

I do, however, try hard not to be part of any 'group'. I find no particular group fits my exact thoughts or feelings because there are, you know, other people with opinions in them. Taking offense because a joke was publicly made referencing whatever group you consider yourself to be part of is slightly immature, but saying so out loud sounds like you are not completely comfortable with your beliefs and feel the need to justify yourself.

There, I can derail a thread too! :p

PS: None of the above describes my own thoughts or ideas, at least not anymore. I tend to change my mind a lot.
grondilu
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November 04, 2010, 02:35:40 AM
 #39

Common sense doesn't come cheap, and that little pair of words has very different semantics value for different people. I don't know anything about Austrian economics, so I didn't find it funny nor offensive.

I'd like to say that I personnaly adhere to austrian economics school, and yet I've found this joke very funny.
Anonymous
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November 04, 2010, 03:24:48 AM
 #40

   Police brutality and the state's monopoly on force is offensive not something written harmlessly on an online forum. It is no secret that bitcoin is viewed that way ,at least every time its brought up on mises.org the next post will invariably be that it has no backing. Its almost as certain as bitcoin's law. In fact it could be bitcoin's law no 2. You could say its an inside joke amongst everyone on this forum so leave it to me to point out the obvious.  Smiley


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