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nicolazza
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April 09, 2013, 10:04:04 PM |
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But some people should stop being greedy and look at how BTC can benefit them and the people around them in the long run.
Long term greedy is still greedy.  Like the socky said, Greed is good. You name it, probably wasn't greed. Facebook, Internet, Google, whatever.
Facebook: Built to make money. GREEDInternet: Built to insure government structure would survive nuclear attack. Not greed, something much worse: lust for power. Google: Built to make money. GREEDBitcoin: Built to literally make money. GREEDa-greed. |
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Gordonium
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April 09, 2013, 10:14:02 PM |
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You name it, probably wasn't greed. Facebook, Internet, Google, whatever.
Facebook: Built to make money. GREEDInternet: Built to insure government structure would survive nuclear attack. Not greed, something much worse: lust for power. Google: Built to make money. GREEDBitcoin: Built to literally make money. GREEDExactly what I meant. |
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Crazy
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April 09, 2013, 11:40:38 PM |
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I don't believe Facebook or Google was started with the intent to make money, although I'm sure they thought it could be a potential byproduct if their ideas panned out. Nor was the internet (WWW specifically). And most certainly, neither was bitcoin. Just because something might occur as a consequence of an endeavor does not make it the motivation for said endeavor. But I'm more than certain we'll just have to agree to disagree.
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Elon Krusky
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pretendo
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April 09, 2013, 11:42:20 PM |
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Fear is a more powerful emotion than greed. If a crash occurs, it will be temporary and not as deep as the original crash (which was caused by mass hackings/scams that came to light)
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myrkul
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April 09, 2013, 11:50:12 PM |
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I don't believe Facebook or Google was started with the intent to make money, although I'm sure they thought it could be a potential byproduct if their ideas panned out. Nor was the internet (WWW specifically). And most certainly, neither was bitcoin. Just because something might occur as a consequence of an endeavor does not make it the motivation for said endeavor. But I'm more than certain we'll just have to agree to disagree.
How, exactly, is "I'm gonna make a new currency" not setting out to make money? |
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Elwar
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Viva Ut Vivas
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April 09, 2013, 11:59:19 PM |
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True capitalism creates a productive society based upon the knowledge that greed is a human trait.
Other social structures try to exist by suppressing greed.
Sort of like religions trying to suppress other human traits to fit their own social structure.
I prefer to allow my own humanity to thrive.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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Crazy
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April 10, 2013, 12:09:18 AM |
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How, exactly, is "I'm gonna make a new currency" not setting out to make money?
Well, one scenario? I don't keep any of the "new currency." I think people in this thread are conflating greed, with a desire to attain financial security through hard work and productivity. The difference between the two is probably pragmatism, humility, and respect for their fellow man*. But I'm no philosopher. |
Elon Krusky
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myrkul
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April 10, 2013, 12:21:17 AM |
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How, exactly, is "I'm gonna make a new currency" not setting out to make money?
Well, one scenario? I don't keep any of the "new currency." Satoshi was mining right along with the rest of them in the early days. I think people in this thread are conflating greed, with a desire to attain financial security through hard work and productivity.
Greed is humanity's natural desire to better themselves. Sometimes financially. |
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Crazy
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April 10, 2013, 12:34:07 AM |
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Satoshi was mining right along with the rest of them in the early days.
Mining and verifying is necessary for this protocol to function. And beside, you asked for a scenario. I gave you one. Greed is humanity's natural desire to better themselves. Sometimes financially.
That's not greed. Reacquaint yourself with the definition ASAP. |
Elon Krusky
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myrkul
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April 10, 2013, 12:48:19 AM |
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Satoshi was mining right along with the rest of them in the early days.
Mining and verifying is necessary for this protocol to function. And beside, you asked for a scenario. I gave you one. So, it was necessary that he make money. You're not helping your case, here. Greed is humanity's natural desire to better themselves. Sometimes financially.
That's not greed. Reacquaint yourself with the definition ASAP. Like the man said, for lack of a better word. Unless you have a better word for that desire? |
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flyhouse (OP)
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April 10, 2013, 05:41:34 AM |
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I don't hold BTC, I have investments in other places. I want to see BTC become something stable before I buy into it. I'm not bearish, I am a realist.
There have been no other investment even remotely close to bitcoin in the last four years. So I guess that makes you a bad investor, sorry Really? And how many other things have you invested in? I think that BTC started being like no other investment about a month ago. Before that most of you here weren't so sure that it had such a $$$-future. Now that the price is over the roof, everybody is starting to see new cars and houses with the 10-100-1000 BTC that they hold. That's greed. Greed is also consuming massive amounts of oil, as opposed to renewable energy sources, which are being suppressed by Big Oil. Greed is also medical marijuana being suppressed by Big Pharma. Greed is getting a $1000 check for a simple doctor's visit, with courtesy of the Med's Cartel. Greed is about getting more and more money, and that's what a lot of people here want. They don't give a f**k about BTC- they just wanna see the price rise and rise and make a profit out of it, telling themselves and everybody else some far-fetched stories that a lot of people are into it now, it's the future and so on(FUNDAMENTALS, as they call it). And I don't think that's what BTC is about- i personally see it next to renewable energy, alternative medicines and free people(not the slaves that most have become- slave to the bank, slave to the government, slaves to their corporations where they work). Bitcoin is freedom- freedom to choose when and where you'll transact with who. Without having to feed giant banks and corporations for transactions and having corrupt government officials breathing down your neck. |
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myrkul
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April 10, 2013, 05:58:17 AM |
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Bitcoin is freedom- freedom to choose when and where you'll transact with who. Without having to feed giant banks and corporations for transactions and having corrupt government officials breathing down your neck.
Exactly. And that is worth a hell of a lot, to a hell of a lot of people. THERE's yer "fundamentals." |
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flyhouse (OP)
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April 10, 2013, 06:00:56 AM |
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Bitcoin is freedom- freedom to choose when and where you'll transact with who. Without having to feed giant banks and corporations for transactions and having corrupt government officials breathing down your neck.
Exactly. And that is worth a hell of a lot, to a hell of a lot of people. THERE's yer "fundamentals." Well, if they are the fundamentals, I only see speculators here. That's my point- I don't see real people wanting real freedom, just a lotta people wanting quick buck. And that will hurt BTC, but after them I think that the fundamentals will come. |
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myrkul
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April 10, 2013, 06:03:18 AM |
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Bitcoin is freedom- freedom to choose when and where you'll transact with who. Without having to feed giant banks and corporations for transactions and having corrupt government officials breathing down your neck.
Exactly. And that is worth a hell of a lot, to a hell of a lot of people. THERE's yer "fundamentals." Well, if they are the fundamentals, I only see speculators here. Perhaps because you're in the SPECULATION subforum. Come visit the politics and society boards, then you'll see the people wanting the freedom. |
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flyhouse (OP)
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April 10, 2013, 06:11:23 AM |
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Bitcoin is freedom- freedom to choose when and where you'll transact with who. Without having to feed giant banks and corporations for transactions and having corrupt government officials breathing down your neck.
Exactly. And that is worth a hell of a lot, to a hell of a lot of people. THERE's yer "fundamentals." Well, if they are the fundamentals, I only see speculators here. Perhaps because you're in the SPECULATION subforum. Come visit the politics and society boards, then you'll see the people wanting the freedom. You're right  But those speculators are hurting our freedom!  |
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myrkul
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April 10, 2013, 06:15:21 AM |
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Bitcoin is freedom- freedom to choose when and where you'll transact with who. Without having to feed giant banks and corporations for transactions and having corrupt government officials breathing down your neck.
Exactly. And that is worth a hell of a lot, to a hell of a lot of people. THERE's yer "fundamentals." Well, if they are the fundamentals, I only see speculators here. Perhaps because you're in the SPECULATION subforum. Come visit the politics and society boards, then you'll see the people wanting the freedom. You're right But those speculators are hurting our freedom! Nah. Just riding our coat-tails. |
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Geddi
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It's the muffins that must be stopped.
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April 10, 2013, 09:01:51 AM |
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Internet: Built to insure government structure would survive nuclear attack. Not greed, something much worse: lust for power.
Are you sure? Wasn't it built around scientific research (CERN) and Military communications? 'Government structure' as in social security, taxes, police etc are as rigid as banks in adopting new technology. Greed is humanity's natural desire to better themselves. Sometimes financially.
That's not greed. Reacquaint yourself with the definition ASAP. True. Greed is (for me) the desire to better yourself while [not caring about] worsening others |
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myrkul
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April 10, 2013, 03:26:40 PM |
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Internet: Built to insure government structure would survive nuclear attack. Not greed, something much worse: lust for power.
Are you sure? Wasn't it built around scientific research (CERN) and Military communications? 'Government structure' as in social security, taxes, police etc are as rigid as banks in adopting new technology. "Government structure" is not the social programs, nor even the police force. That's just the stuff they provide to keep you from shoving their heads in nooses. Government structure is the chain of command. And that is what the internet was built to maintain. Greed is humanity's natural desire to better themselves. Sometimes financially.
That's not greed. Reacquaint yourself with the definition ASAP. True. Greed is (for me) the desire to better yourself while [not caring about] worsening others No, that's irresponsible greed. |
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xylop
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April 12, 2013, 09:00:57 AM |
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Geddi
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It's the muffins that must be stopped.
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April 12, 2013, 09:09:52 AM |
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Government structure is the chain of command. And that is what the internet was built to maintain.
Hmmm.... We could build a whole new conspiracy theory on that one Greed is humanity's natural desire to better themselves. Sometimes financially.
That's not greed. Reacquaint yourself with the definition ASAP. True. Greed is (for me) the desire to better yourself while [not caring about] worsening others No, that's irresponsible greed. |
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