Hawker
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December 31, 2013, 01:03:11 PM |
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I suspect the people you call "plutocrats" are just people who are worth more than a few million. If Bitcoin takes off, you'll be one of us :-) Meanwhile, my point remains. Any society will have bankers and pretending they are "other" is silly.
A few million? That's a joke, right? The bloodlines that have the control are worth trillions counting all assets. Bloodlines eh? Do they do DNA tests before allowing you to buy shares in HSBC now?
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bbulker
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December 31, 2013, 01:45:56 PM |
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Bloodlines eh? Do they do DNA tests before allowing you to buy shares in HSBC now?
Ah, so you weren't joking, you're just very ignorant.
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Hawker
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December 31, 2013, 02:35:14 PM |
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Bloodlines eh? Do they do DNA tests before allowing you to buy shares in HSBC now?
Ah, so you weren't joking, you're just very ignorant. Ah, ignorance, it truly is bliss! Whenever you laugh at a conspiracy theorist, the next thing is to be called 'ignorant' or 'naive'. Are we going to start talking about the 'sheeple' soon? Or do you have a little more respect for your compatriots?
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johnyj
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Beyond Imagination
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December 31, 2013, 03:11:15 PM |
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You can only control something as long as its power/knowledge are much weaker than yours. Previously 99% of the people have zero knowledge about money and currency, thus those who know how money works can control the society. But since the financial crisis, people's knowledge about fiat money and the whole banking system are improving day by day, eventually they will wise up and become more and more difficult to control
20 years ago, if you grab a person on the street and ask them where is the money in their wallet originally come from, 99% of them have no idea. Today it is not very different, but some of the people are starting to see the truth
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Anonylz
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December 31, 2013, 03:22:56 PM |
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You can only control something as long as its power/knowledge are much weaker than yours. Previously 99% of the people have zero knowledge about money and currency, thus those who know how money works can control the society. But since the financial crisis, people's knowledge about fiat money and the whole banking system are improving day by day, eventually they will wise up and become more and more difficult to control
20 years ago, if you grab a person on the street and ask them where is the money in their wallet originally come from, 99% of them have no idea. Today it is not very different, but some of the people are starting to see the truth
Very truth jonhyj, I hope 2014 will be the year we can break free of the banks, even if this mean my easy life will become a whole less easy.
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hilariousandco
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Join the world-leading crypto sportsbook NOW!
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December 31, 2013, 03:46:23 PM |
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I hope 2014 will be the year we can break free of the banks, even if this mean my easy life will become a whole less easy.
I think 2014 is being a little optimistic, but maybe in our lifetime.
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Hawker
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December 31, 2013, 03:52:09 PM |
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You can only control something as long as its power/knowledge are much weaker than yours. Previously 99% of the people have zero knowledge about money and currency, thus those who know how money works can control the society. But since the financial crisis, people's knowledge about fiat money and the whole banking system are improving day by day, eventually they will wise up and become more and more difficult to control
20 years ago, if you grab a person on the street and ask them where is the money in their wallet originally come from, 99% of them have no idea. Today it is not very different, but some of the people are starting to see the truth
Very truth jonhyj, I hope 2014 will be the year we can break free of the banks, even if this mean my easy life will become a whole less easy. In a free market, there will always be banks. So your life will remain easy for a long time yet. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Carlton Banks
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December 31, 2013, 04:46:58 PM |
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I suspect the people you call "plutocrats" are just people who are worth more than a few million. If Bitcoin takes off, you'll be one of us :-) Meanwhile, my point remains. Any society will have bankers and pretending they are "other" is silly.
Ok: the people controlling banking corporations do not work for them. They are not bankers. If bitcoin takes off, your millions will be Zimbabwe dollars. A bitcoin-based society will not have bankers, or banks (although it may take another generation until the techno-phobic minority adapt to handling their own money). I hope you ride this transition well, right now you're hopelessly unaware of the dynamics of geo-politics and monetarism. I have over 1000 Bitcoin, a few rental properties and will buy a few thousand more Bitcoin if price falls. Either way, I'm fine. Thanks for your concern. Its clear you are one of those people who believe they have a unique insight into a hidden reality that mere mortals can't grasp. Good luck with that. Over 1000? What's wrong with government money that you needed to spend half a million dollars on internet tokens?
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Vires in numeris
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Hawker
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December 31, 2013, 05:19:20 PM |
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I suspect the people you call "plutocrats" are just people who are worth more than a few million. If Bitcoin takes off, you'll be one of us :-) Meanwhile, my point remains. Any society will have bankers and pretending they are "other" is silly.
Ok: the people controlling banking corporations do not work for them. They are not bankers. If bitcoin takes off, your millions will be Zimbabwe dollars. A bitcoin-based society will not have bankers, or banks (although it may take another generation until the techno-phobic minority adapt to handling their own money). I hope you ride this transition well, right now you're hopelessly unaware of the dynamics of geo-politics and monetarism. I have over 1000 Bitcoin, a few rental properties and will buy a few thousand more Bitcoin if price falls. Either way, I'm fine. Thanks for your concern. Its clear you are one of those people who believe they have a unique insight into a hidden reality that mere mortals can't grasp. Good luck with that. Over 1000? What's wrong with government money that you needed to spend half a million dollars on internet tokens? Look at my sig. I have been running Bitcoin shops since 2011 and mined a few thousand. Not sure what that has to do with banks though. In a free market, there will always be banks.
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Carlton Banks
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December 31, 2013, 06:49:26 PM |
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In a free market, there will always be analogue mobile phones...
And why are you holding so much BTC? Don't you know how risky the cryptocurrency concept is long term? Your thousands of BTC could go to zero.
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Vires in numeris
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Hawker
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December 31, 2013, 07:17:05 PM |
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In a free market, there will always be analogue mobile phones...
And why are you holding so much BTC? Don't you know how risky the cryptocurrency concept is long term? Your thousands of BTC could go to zero.
I don't care if they do. Bitcoin is the most important social experiment going on the Internet this century. Personally I don't think the value will ever go as low as zero but what's far more interesting to me is whether Bitcoin succeeds as a currency. Assessing risk in capital markets. Packing securities to finance major projects. There are tons of services that specialist banks provide that business won't want to be without. As long as there is an economy worth investing in, people will want to borrow to raise capital and that means banks will be around.
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bbulker
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December 31, 2013, 07:55:56 PM |
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Ah, ignorance, it truly is bliss! Whenever you laugh at a conspiracy theorist, the next thing is to be called 'ignorant' or 'naive'.
Are we going to start talking about the 'sheeple' soon? Or do you have a little more respect for your compatriots?
Ah, the times you get called a conspiracy theorist for knowing a little history. You are the one that attacked first, mocking on a subject you know very little about. Where is your respect? I suggest you visit a library for the first time in your life.
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Carlton Banks
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December 31, 2013, 07:56:40 PM |
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In a free market, there will always be analogue mobile phones...
And why are you holding so much BTC? Don't you know how risky the cryptocurrency concept is long term? Your thousands of BTC could go to zero.
I don't care if they do. Bitcoin is the most important social experiment going on the Internet this century. Personally I don't think the value will ever go as low as zero but what's far more interesting to me is whether Bitcoin succeeds as a currency. Assessing risk in capital markets. Packing securities to finance major projects. There are tons of services that specialist banks provide that business won't want to be without. As long as there is an economy worth investing in, people will want to borrow to raise capital and that means banks will be around. Sounds like a conspiracy theory to me. You tin foil hat people are always claiming bitcoin is this big sophisticated technological currency revolution, yet it can't even hang onto 50% of it's value for more than 5 minutes. Anything that's totally intangible, worth zero, suddenly becomes worth 100's of dollars, and picks up wide-eyed mouth frothing acolytes as a result is nothing short of a crypto-cult ponzi scheme. Do you really think bitcoin can get rid of banks, Hawker? You're an idiot for even suggesting it.
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Vires in numeris
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Hawker
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December 31, 2013, 07:59:30 PM |
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In a free market, there will always be analogue mobile phones...
And why are you holding so much BTC? Don't you know how risky the cryptocurrency concept is long term? Your thousands of BTC could go to zero.
I don't care if they do. Bitcoin is the most important social experiment going on the Internet this century. Personally I don't think the value will ever go as low as zero but what's far more interesting to me is whether Bitcoin succeeds as a currency. Assessing risk in capital markets. Packing securities to finance major projects. There are tons of services that specialist banks provide that business won't want to be without. As long as there is an economy worth investing in, people will want to borrow to raise capital and that means banks will be around. Sounds like a conspiracy theory to me. You tin foil hat people are always claiming bitcoin is this big sophisticated technological currency revolution, yet it can't even hang onto 50% of it's value for more than 5 minutes. Anything that's totally intangible, worth zero, suddenly becomes worth 100's of dollars, and picks up wide-eyed mouth frothing acolytes as a result is nothing short of a crypto-cult ponzi scheme. Do you really think bitcoin can get rid of banks, Hawker? You're an idiot for even suggesting it. Ah good - we have agreement.
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Hawker
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December 31, 2013, 08:01:20 PM |
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Ah, ignorance, it truly is bliss! Whenever you laugh at a conspiracy theorist, the next thing is to be called 'ignorant' or 'naive'.
Are we going to start talking about the 'sheeple' soon? Or do you have a little more respect for your compatriots?
Ah, the times you get called a conspiracy theorist for knowing a little history. You are the one that attacked first, mocking on a subject you know very little about. Where is your respect? I suggest you visit a library for the first time in your life. You get called a conspiracy theorist for having a conspiracy theory.
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Carlton Banks
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December 31, 2013, 08:07:59 PM |
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In a free market, there will always be analogue mobile phones...
And why are you holding so much BTC? Don't you know how risky the cryptocurrency concept is long term? Your thousands of BTC could go to zero.
I don't care if they do. Bitcoin is the most important social experiment going on the Internet this century. Personally I don't think the value will ever go as low as zero but what's far more interesting to me is whether Bitcoin succeeds as a currency. Assessing risk in capital markets. Packing securities to finance major projects. There are tons of services that specialist banks provide that business won't want to be without. As long as there is an economy worth investing in, people will want to borrow to raise capital and that means banks will be around. Sounds like a conspiracy theory to me. You tin foil hat people are always claiming bitcoin is this big sophisticated technological currency revolution, yet it can't even hang onto 50% of it's value for more than 5 minutes. Anything that's totally intangible, worth zero, suddenly becomes worth 100's of dollars, and picks up wide-eyed mouth frothing acolytes as a result is nothing short of a crypto-cult ponzi scheme. Do you really think bitcoin can get rid of banks, Hawker? You're an idiot for even suggesting it. Ah good - we have agreement. Next I suppose you're going to backpedal about your opinion that bankers are the cause of all wars.
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Vires in numeris
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bbulker
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December 31, 2013, 08:22:14 PM |
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You get called a conspiracy theorist for having a conspiracy theory.
History is theoretical? Hmm...
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Carlton Banks
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December 31, 2013, 08:31:54 PM |
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You get called a conspiracy theorist for having a conspiracy theory.
History is theoretical? Hmm... He's already proved that he's the real conspiracy theorist. He believes that completely invented currency, represented by bits and bytes in a database, can be actually worth money! Lol. He thinks it could "take off"! Everyone knows you can't just make money up, that's the stupidest thing I've ever heard of.
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Vires in numeris
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Hawker
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January 01, 2014, 07:50:56 AM |
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You get called a conspiracy theorist for having a conspiracy theory.
History is theoretical? Hmm... He's already proved that he's the real conspiracy theorist. He believes that completely invented currency, represented by bits and bytes in a database, can be actually worth money! Lol. He thinks it could "take off"! Everyone knows you can't just make money up, that's the stupidest thing I've ever heard of. If I were asked to grade your effort at sarcasm, I'd say "Must try harder."
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uranian
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January 01, 2014, 10:52:42 AM Last edit: January 22, 2014, 11:51:21 PM by uranian |
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Do you really think bitcoin can get rid of banks, Hawker? You're an idiot for even suggesting it.
It's been an interesting thread, and I'm glad that other people see BTC in the same light that I do, as something that can potentially save us from our banking overlords. A shame you had to start with the ad hominems, Carlton. Here's an interesting link for those capable of mentally dealing with the fact that history is largely a conspiracy: http://www.infowars.com/33-conspiracy-theories-that-turned-out-to-be-true-what-every-person-should-know/
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