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Author Topic: Had a conversation with my Democrat friend today.  (Read 4189 times)
Bitcoin Swami
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July 02, 2011, 12:51:59 AM
 #1

I'd just like to say I guess I'd be a libertarian if I had to label myself and don't really buy into the left right paradigm of things. 

Anyways I brought up the topic of bitcoins to her and she said she's heard of it but its not a viable currency because there is nothing backing it. 

I asked her what was backing up the dollar and she said gold. lol.  She was amazed when I said.. um no its not.

This is someone who is hardcore into the democratic party in minnesota, her mom is in the congress there. 
 
I just thought it was interesting how oblivious some people are about the money system, even the ones who are totally immersed in it.

That is all.
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benjamindees
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July 02, 2011, 12:58:26 AM
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Most people don't want to consider the possibility that the monetary system is a total fraud.  Frankly I don't blame them.

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mouse
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July 02, 2011, 01:25:27 AM
 #3

I'd just like to say I guess I'd be a libertarian if I had to label myself and don't really buy into the left right paradigm of things. 

Anyways I brought up the topic of bitcoins to her and she said she's heard of it but its not a viable currency because there is nothing backing it. 

I asked her what was backing up the dollar and she said gold. lol.  She was amazed when I said.. um no its not.

This is someone who is hardcore into the democratic party in minnesota, her mom is in the congress there. 
 
I just thought it was interesting how oblivious some people are about the money system, even the ones who are totally immersed in it.

That is all.

I had a similar experience this weekend. I was talking to my brother about bitcoin, when my grandparents overheard us and asked about it. After a brief explanation they decided it was a scam, since nothing was backing it. I ask them what they think is backing our currency. Their response - gold...

Any intelligent fool can make things bigger, more complex and more violent. It takes a touch of genius and a lot of courage to move in the opposite direction.
killer2021
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July 02, 2011, 01:28:09 AM
 #4

I'd just like to say I guess I'd be a libertarian if I had to label myself and don't really buy into the left right paradigm of things. 

Anyways I brought up the topic of bitcoins to her and she said she's heard of it but its not a viable currency because there is nothing backing it. 

I asked her what was backing up the dollar and she said gold. lol.  She was amazed when I said.. um no its not.

This is someone who is hardcore into the democratic party in minnesota, her mom is in the congress there. 
 
I just thought it was interesting how oblivious some people are about the money system, even the ones who are totally immersed in it.

That is all.

Yup, theres a lot of dumbasses out there.

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MoonShadow
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July 02, 2011, 01:38:42 AM
 #5

The easy explaination is that, if everyone knew what you knew, they would be just like you.  There is a give and take with diversity.

"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'
mouse
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July 02, 2011, 01:47:44 AM
 #6

The easy explaination is that, if everyone knew what you knew, they would be just like you.  There is a give and take with diversity.

Whats interesting about this though is that a lot of people feel that their currency is backed by something, they just dont know what. When questioned, gold is the first thing that comes to mind. It was a real mind job for me when I learned that our money isn't backed by anything (except force of government) and that, worse, it can be created and destroyed at whim. Thats what got me interested in money, which eventually led me to Bitcoin.

Any intelligent fool can make things bigger, more complex and more violent. It takes a touch of genius and a lot of courage to move in the opposite direction.
MoonShadow
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July 02, 2011, 01:56:24 AM
 #7

The easy explaination is that, if everyone knew what you knew, they would be just like you.  There is a give and take with diversity.

Whats interesting about this though is that a lot of people feel that their currency is backed by something, they just dont know what. When questioned, gold is the first thing that comes to mind. It was a real mind job for me when I learned that our money isn't backed by anything (except force of government) and that, worse, it can be created and destroyed at whim. Thats what got me interested in money, which eventually led me to Bitcoin.

Which is exactly my point.  Almost everyone who ventures down that rabbit hole ends up in pretty much the same place, intellectually speaking.  If you tell someone who doesn't already know that currency isn't backed by anything more than faith, they will either reject you out of hand and forget about it, or check your facts and eventually end up just like most of us on this forum.  Even the bitcoin detractors who spend their lifespan here arguing against Bitcoin (or it's particular features) know that basic fact.  It's almost like a entry qualification.

"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'
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July 02, 2011, 01:58:23 AM
 #8

People might be weakened and beaten but they are usually never stupid.
MoonShadow
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July 02, 2011, 02:02:08 AM
 #9

People might be weakened and beaten but they are usually never stupid.

Amen.  I can honestly say that I've known very few truely stupid people, but truely ignorant people are f'ing everywhere I go.

"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'
Bitcoin Swami
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July 02, 2011, 02:22:42 AM
 #10

Yeah i'm not really hating on her or anything.  I was pretty oblivious to where money came from not too long ago.  Hopefully our little conversation got some wheels turning and she can start researching. 
tomcollins
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July 02, 2011, 02:32:18 AM
 #11

I'd just like to say I guess I'd be a libertarian if I had to label myself and don't really buy into the left right paradigm of things. 

Anyways I brought up the topic of bitcoins to her and she said she's heard of it but its not a viable currency because there is nothing backing it. 

I asked her what was backing up the dollar and she said gold. lol.  She was amazed when I said.. um no its not.

This is someone who is hardcore into the democratic party in minnesota, her mom is in the congress there. 
 
I just thought it was interesting how oblivious some people are about the money system, even the ones who are totally immersed in it.

That is all.

I had a similar experience this weekend. I was talking to my brother about bitcoin, when my grandparents overheard us and asked about it. After a brief explanation they decided it was a scam, since nothing was backing it. I ask them what they think is backing our currency. Their response - gold...

I'll give old people some credit on this.  When they actually learned this, it probably was true.
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July 02, 2011, 02:40:15 AM
 #12


I had a similar experience this weekend. I was talking to my brother about bitcoin, when my grandparents overheard us and asked about it. After a brief explanation they decided it was a scam, since nothing was backing it. I ask them what they think is backing our currency. Their response - gold...

Sheesh, do people think there is some office somewhere that hands out gold for dollars at $35/oz or something?

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
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July 02, 2011, 03:16:03 AM
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Every bitcoin adopter talks about bitcoin to your closest friend and persuade them to trust this new idea, and it will be globally accepted eventually.

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cbeast
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Let's talk governance, lipstick, and pigs.


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July 02, 2011, 03:26:26 AM
 #14

People might be weakened and beaten but they are usually never stupid.
I call 'em as I see 'em. If Someone cannot admit when they are wrong and just simply contradict themselves, they are stupid. Willfully ignorant people are just plain stupid.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
evolve
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July 02, 2011, 03:30:01 AM
 #15

I'd just like to say I guess I'd be a libertarian if I had to label myself and don't really buy into the left right paradigm of things. 

Anyways I brought up the topic of bitcoins to her and she said she's heard of it but its not a viable currency because there is nothing backing it. 

I asked her what was backing up the dollar and she said gold. lol.  She was amazed when I said.. um no its not.

This is someone who is hardcore into the democratic party in minnesota, her mom is in the congress there. 
 
I just thought it was interesting how oblivious some people are about the money system, even the ones who are totally immersed in it.

That is all.




for the most part, i am a democrat (and a social democrat at that). that said, i also have some veiws that are considered conservative (heavily pro gun and pro defense), and i believe in a few libertarian principles as well (im against eminent domain and against criminalization of victimless crimes)


but none of this has anything to do with BTC.

no single political veiwpoint has a monopoly on the truth or on BTC.

that is all.

SpaceLord
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July 02, 2011, 04:13:53 AM
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Believing the falsehood of our money being backed by gold has absolutely nothing to do with (R) or (D).
kiba
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July 02, 2011, 04:16:50 AM
 #17

People might be weakened and beaten but they are usually never stupid.

Amen.  I can honestly say that I've known very few truely stupid people, but truely ignorant people are f'ing everywhere I go.

It is not a crime to be ignorant.

In fact, most of humanity is ignorant of programming. Programmers may be force multiplier and harbringer of extreme efficiency, but we have to relies on auto mechanics, laundrymat owner, and nail saloon for our girlfriends.

We bitcoiners are specialist in bitcoin but will be ignorant about pretty much anything else, except perhaps programming and some entrepeneurship.

evolve
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July 02, 2011, 04:34:34 AM
 #18

Believing the falsehood of our money being backed by gold has absolutely nothing to do with (R) or (D).

exactly.
Jaime Frontero
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July 02, 2011, 05:33:30 AM
 #19

good place for a question i raised on a different thread:

Quote
hey!  has anybody figured out how to polarize the political community in re Bitcoin?  it'll happen pretty soon, so we should probably think about that.  which political side of the aisle would be the most advantageous to pursue?  the left or the right?

thoughts?

me, i'm very political - but party-less.  voted for reagan twice; and on the first wednesday of november 2012, i will have voted for our current president twice.

i wouldn't even consider voting on a single issue - and if i did, Bitcoin wouldn't be it.

but still...  the way things get done in this part of reality is to pick a side and go with it.  seems to work as well as any other totally dysfunctional aspect of the US political system.

so...  which side?
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FIAT LIBERTAS RVAT CAELVM


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July 02, 2011, 05:45:28 AM
 #20

Libertarian.

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