What bitcoin is for you ?

[dharmapuriharithaa]

Good way to invest money especially when the bitcoin price is down.

[DanielVG]

Digital anarchy!!!

you mean digital capitalism. property rights and anarchy are pretty much the opposite. if you don't understand anything, just ask.

Decentralisation = anarchy.  It's a currency without central control. no governing = anarchy.

Digital capitalism also fits

anarchistic capitalism also fits.

and no need to get arrogant please...

[Zarathustra]

Anarchy is not a concept. Anarchy (self-sufficient communities) has been the natural state of humanity for a million years. Society / collectivism (= collectivized communities, organized in patronized, monogamous tribute families = patriarchy = organized violence) is an unnatural construct, enforced by militant terrorists (state and church).

well ok i can work with your definition of anarchy. but you have to realize, this "collectivism" as you call it is just as "natural" as the anarchy. everything is natural in fact.

No. Always being sick is not the natural state. It is a state of emergency and takes a comparatively short time.

i have my problems with the state and the church too. but there is one thing i fear more than the state, and thats capitalism. and i trust the state to be the last defense against privately owned armies.

BS. No state - no capitalism. No state - no armies. Capitalism, socialism, armies are state bastards.

o.O naive...

History. Of which you do not seem to have much of a clue.

blablub. try to form a coherent argument to back up your delusional statements.

To 'discuss' with somebody who doesn't have any knowledge of historic facts is pointless. The epoch of statelessnes (self-sufficiency/anarchy) was the epoch of humans without armies. If you don't know anything about the history of anarchy you simply should shutup.

[salstimda]

Digital anarchy!!!

you mean digital capitalism. property rights and anarchy are pretty much the opposite. if you don't understand anything, just ask.

Decentralisation = anarchy.  It's a currency without central control. no governing = anarchy.

Digital capitalism also fits

anarchistic capitalism also fits.

and no need to get arrogant please...

anarchy has nothing to do with "no governing" or decentralisation. anarchy essentially means "without rulers".

yeah, alot of people are using the term "anarchocapitalism" although many people like me think this is just an oxymoron. but well, opinions differ. i won't tell you whatever i say is the absolute truth and everything else is wrong. i just disagree that this can be somehow accurately labeled as anarchy/anarchism. its exactly the opposite to me - hierarchy. its a hierarchy of wealth - already wealthy people can mine and buy the majority of coins, while the majority gets nothing or just a neglible amount.

on most topics, im all for decentralization. not so for currency. i believe strongly that the currency we use must be centrally controlled, to prohobit abuse. with a "decentralized" currency, the richest people simply control it totally. they are the "community" that approves of or rejects changes to the bitcoin client, and so on.

[salstimda]

Anarchy is not a concept. Anarchy (self-sufficient communities) has been the natural state of humanity for a million years. Society / collectivism (= collectivized communities, organized in patronized, monogamous tribute families = patriarchy = organized violence) is an unnatural construct, enforced by militant terrorists (state and church).

well ok i can work with your definition of anarchy. but you have to realize, this "collectivism" as you call it is just as "natural" as the anarchy. everything is natural in fact.

No. Always being sick is not the natural state. It is a state of emergency and takes a comparatively short time.

i have my problems with the state and the church too. but there is one thing i fear more than the state, and thats capitalism. and i trust the state to be the last defense against privately owned armies.

BS. No state - no capitalism. No state - no armies. Capitalism, socialism, armies are state bastards.

o.O naive...

History. Of which you do not seem to have much of a clue.

blablub. try to form a coherent argument to back up your delusional statements.

To 'discuss' with somebody who doesn't have any knowledge of historic facts is pointless. The epoch of statelessnes (self-sufficiency/anarchy) was the epoch of humans without armies. If you don't know anything about the history of anarchy you simply should shutup.

Keep your petty insults to yourself, I am really not interested in them. Again, try to form a coherent argument on the topic, or just let it be. It's really your choice.

[Zarathustra]

Anarchy is not a concept. Anarchy (self-sufficient communities) has been the natural state of humanity for a million years. Society / collectivism (= collectivized communities, organized in patronized, monogamous tribute families = patriarchy = organized violence) is an unnatural construct, enforced by militant terrorists (state and church).

well ok i can work with your definition of anarchy. but you have to realize, this "collectivism" as you call it is just as "natural" as the anarchy. everything is natural in fact.

No. Always being sick is not the natural state. It is a state of emergency and takes a comparatively short time.

i have my problems with the state and the church too. but there is one thing i fear more than the state, and thats capitalism. and i trust the state to be the last defense against privately owned armies.

BS. No state - no capitalism. No state - no armies. Capitalism, socialism, armies are state bastards.

o.O naive...

History. Of which you do not seem to have much of a clue.

blablub. try to form a coherent argument to back up your delusional statements.

To 'discuss' with somebody who doesn't have any knowledge of historic facts is pointless. The epoch of statelessnes (self-sufficiency/anarchy) was the epoch of humans without armies. If you don't know anything about the history of anarchy you simply should shutup.

Keep your petty insults to yourself, I am really not interested in them. Again, try to form a coherent argument on the topic, or just let it be. It's really your choice.

Historic facts don't need arguments. The history IS the argument against your fairy tales. The epoch of statelessnes (self-sufficiency/anarchy) was the epoch of humans without armies (anarchy).

[salstimda]

Anarchy is not a concept. Anarchy (self-sufficient communities) has been the natural state of humanity for a million years. Society / collectivism (= collectivized communities, organized in patronized, monogamous tribute families = patriarchy = organized violence) is an unnatural construct, enforced by militant terrorists (state and church).

well ok i can work with your definition of anarchy. but you have to realize, this "collectivism" as you call it is just as "natural" as the anarchy. everything is natural in fact.

No. Always being sick is not the natural state. It is a state of emergency and takes a comparatively short time.

i have my problems with the state and the church too. but there is one thing i fear more than the state, and thats capitalism. and i trust the state to be the last defense against privately owned armies.

BS. No state - no capitalism. No state - no armies. Capitalism, socialism, armies are state bastards.

o.O naive...

History. Of which you do not seem to have much of a clue.

blablub. try to form a coherent argument to back up your delusional statements.

To 'discuss' with somebody who doesn't have any knowledge of historic facts is pointless. The epoch of statelessnes (self-sufficiency/anarchy) was the epoch of humans without armies. If you don't know anything about the history of anarchy you simply should shutup.

Keep your petty insults to yourself, I am really not interested in them. Again, try to form a coherent argument on the topic, or just let it be. It's really your choice.

Historic facts don't need arguments. The history IS the argument against your fairy tales. The epoch of statelessnes (self-sufficiency/anarchy) was the epoch of humans without armies (anarchy).

I have heard many different definitions of Anarchy, but not even wikipedia has heard of your definition. I guess you are just making stuff up as you go. Hey, I love Raiders too!

[Zarathustra]

Historic facts don't need arguments. The history IS the argument against your fairy tales. The epoch of statelessnes (self-sufficiency/anarchy) was the epoch of humans without armies (anarchy).

I have heard many different definitions of Anarchy, but not even wikipedia has heard of your definition. I guess you are just making stuff up as you go. Hey, I love Raiders too!

The definition is simple:

Etymology

The word anarchy comes from the ancient Greek ἀναρχία, anarchia, from ἀν an, "not, without" + ἀρχός arkhos, "ruler", meaning "absence of a ruler", "without rulers")

Therefore: Where you aren't ruled by rulers, you are self-sufficient.

[salstimda]

Historic facts don't need arguments. The history IS the argument against your fairy tales. The epoch of statelessnes (self-sufficiency/anarchy) was the epoch of humans without armies (anarchy).

I have heard many different definitions of Anarchy, but not even wikipedia has heard of your definition. I guess you are just making stuff up as you go. Hey, I love Raiders too!

The definition is simple:

Etymology

The word anarchy comes from the ancient Greek ἀναρχία, anarchia, from ἀν an, "not, without" + ἀρχός arkhos, "ruler", meaning "absence of a ruler", "without rulers")

Therefore: Where you aren't ruled by rulers, you are self-sufficient.

I told you a few posts ago it means "without rulers". good that you finally realize this too.

[Zarathustra]

Historic facts don't need arguments. The history IS the argument against your fairy tales. The epoch of statelessnes (self-sufficiency/anarchy) was the epoch of humans without armies (anarchy).

I have heard many different definitions of Anarchy, but not even wikipedia has heard of your definition. I guess you are just making stuff up as you go. Hey, I love Raiders too!

The definition is simple:

Etymology

The word anarchy comes from the ancient Greek ἀναρχία, anarchia, from ἀν an, "not, without" + ἀρχός arkhos, "ruler", meaning "absence of a ruler", "without rulers")

Therefore: Where you aren't ruled by rulers, you are self-sufficient.

I told you a few posts ago it means "without rulers". good that you finally realize this too.

That anarchy means 'without rulers' knows everybody here. What some of those nanobrains don't understand is the simple fact, that anarchy means autarky (self-sufficiency), because you aren't ruled, and where people aren't ruled, you can't find militarism and armies.
Should be very easy to understand.

[Pente]

Bitcoin to me is the safest way to store money via several brainwallets. Governments, creditors, ex-wives, backstabbing family members cannot access the majority of my wealth anymore. For that matter, most won't even know about it.

I can travel from country to country with all my wealth stored in my head.

If I go to prison and lose everything, my wealth will be waiting for me when I get out. No need to trust family, banks, or friends.

I sleep well at night knowing my wealth is safely stored in my mind.

And yes, when I die, it will disappear forever...but you and every other Bitcoin owner will be a tiny bit richer.

[Baitty]

My favorite type of money & idea its fanstastic and I hope to be able to use Bitcoin just like fiat and see fiat gone.

[salstimda]

Bitcoin to me is the safest way to store money via several brainwallets. Governments, creditors, ex-wives, backstabbing family members cannot access the majority of my wealth anymore. For that matter, most won't even know about it.

I can travel from country to country with all my wealth stored in my head.

If I go to prison and lose everything, my wealth will be waiting for me when I get out. No need to trust family, banks, or friends.

I sleep well at night knowing my wealth is safely stored in my mind.

And yes, when I die, it will disappear forever...but you and every other Bitcoin owner will be a tiny bit richer.

Another great example of the logic of bitcoin-users.

1. "If I marry a woman, and she is keeping up the house and raising kids while I earn money, she deserves not a cent of what I earned when I leave her, so I Bitcoins are cool because I can hide my money from her, since actual law states that the money I earn belongs to both. And I don't like laws that cost me money."

2. "Goverments want taxes?? Screw them!! I hide all my money in bitcoin wallets, they don't see a cent from me! Yeah they can provide and upkeep the internet infrastructure (and all the other infractructure) without which Bitcoin wouldn't even work, but they won't see a cent from me for this service! I am entitled to every single cent I inherit!"

and so on. very classical.

[Keyser Soze]

Anyway, as I requested the withdrawal, (and gave the 5-day notice that my bank requests), they pretty much refused to allow me to withdraw my own money from my own account!

I was infuriated!

They were not only asking questions as to why I would need that sort of money, since it was a "larger than normal" withdrawal, (which I explained with the truth, that I was concerned about a bank run), but they also said:

"We no longer deal with larger cash transactions. Anything over a couple of thousand is very suspicious and we will need to report you to the financial authorities for even asking to do this withdrawal."

In the end I got my money out, (after numerous angry phone calls to two managers, and several days waiting beyond the normal 5 days), but not only did I have to pay a hefty fee of 2% but they made me feel like a criminal for even asking to withdraw my own money!

What bank was this and in what country?

[ChuckBuck]

Bitcoin to me is all the above:

It's a good way to earn money, either by selling goods or services or trading or mining.

It's a good proof of concept for the next monetary system, as it's still in its infancy, and can adjust to add things it's missing or add things that it needs work on.

It's the next monetary system, as it's decentralized, has the fastest transaction speed out of Paypal, Visa, Moneygram, Western Union, Visa, Bank wire, etc...

It is a kind of philosophy as it's ideas are fairly libertarian and promotes a type of "freedom", especially from institutions such as government and banks.

It's also "Nothing" as you can't see, hear, or feel Bitcoin.  It has no physical "weight" so to speak.  But it's ideals, it's protocols, it's code, it's distributed ledger, it's promise as a cryptocurrency carry so much more mass and heft in the grand scheme of things on a global level.

[salstimda]

Bitcoin to me is all the above:

It's a good way to earn money, either by selling goods or services or trading or mining.

It's a good proof of concept for the next monetary system, as it's still in its infancy, and can adjust to add things it's missing or add things that it needs work on.

It's the next monetary system, as it's decentralized, has the fastest transaction speed out of Paypal, Visa, Moneygram, Western Union, Visa, Bank wire, etc...

It is a kind of philosophy as it's ideas are fairly libertarian and promotes a type of "freedom", especially from institutions such as government and banks.

It's also "Nothing" as you can't see, hear, or feel Bitcoin.  It has no physical "weight" so to speak.  But it's ideals, it's protocols, it's code, it's distributed ledger, it's promise as a cryptocurrency carry so much more mass and heft in the grand scheme of things on a global level.

if property is freedom to you, i can't really help you.

to your last paragraph: you could just say "it has no intrinsic value"

[undeadbitcoiner]

The next monitory system which will give us financial freedom.

It's also "Nothing" as you can't see, hear, or feel Bitcoin.  It has no physical "weight" so to speak.  But it's ideals, it's protocols, it's code, it's distributed ledger, it's promise as a cryptocurrency carry so much more mass and heft in the grand scheme of things on a global level.

But its everything who is fully involved in Bitcoin.

[ChuckBuck]

Bitcoin to me is all the above:

It's a good way to earn money, either by selling goods or services or trading or mining.

It's a good proof of concept for the next monetary system, as it's still in its infancy, and can adjust to add things it's missing or add things that it needs work on.

It's the next monetary system, as it's decentralized, has the fastest transaction speed out of Paypal, Visa, Moneygram, Western Union, Visa, Bank wire, etc...

It is a kind of philosophy as it's ideas are fairly libertarian and promotes a type of "freedom", especially from institutions such as government and banks.

It's also "Nothing" as you can't see, hear, or feel Bitcoin.  It has no physical "weight" so to speak.  But it's ideals, it's protocols, it's code, it's distributed ledger, it's promise as a cryptocurrency carry so much more mass and heft in the grand scheme of things on a global level.

if property is freedom to you, i can't really help you.

to your last paragraph: you could just say "it has no intrinsic value"

What do you mean by property?

Some would argue that the fiat dollar doesn't have an intrinsic value either.  It's not really backed by Gold standard.  It's backed by the US Armies guns, tanks, and surface to air missiles or "Rule of Law"

All these failing countries economies around the world could use something like Bitcoin though.

[salstimda]

Bitcoin to me is all the above:

It's a good way to earn money, either by selling goods or services or trading or mining.

It's a good proof of concept for the next monetary system, as it's still in its infancy, and can adjust to add things it's missing or add things that it needs work on.

It's the next monetary system, as it's decentralized, has the fastest transaction speed out of Paypal, Visa, Moneygram, Western Union, Visa, Bank wire, etc...

It is a kind of philosophy as it's ideas are fairly libertarian and promotes a type of "freedom", especially from institutions such as government and banks.

It's also "Nothing" as you can't see, hear, or feel Bitcoin.  It has no physical "weight" so to speak.  But it's ideals, it's protocols, it's code, it's distributed ledger, it's promise as a cryptocurrency carry so much more mass and heft in the grand scheme of things on a global level.

if property is freedom to you, i can't really help you.

to your last paragraph: you could just say "it has no intrinsic value"

What do you mean by property?

Some would argue that the fiat dollar doesn't have an intrinsic value either.  It's not really backed by Gold standard.  It's backed by the US Armies guns, tanks, and surface to air missiles or "Rule of Law"

All these failing countries economies around the world could use something like Bitcoin though.

yes of course fiat money doesn't really have any intrinsic value (besides the paper its beeing printed on, so it still has some intrinsic value as toilet paper or something)

[YourFriendlyNig]

For me, to act like a young teenage stock trader with a digital wallet make me look like I'm in the league of Extraordinary Bitcoin gentlemen, even though I have almost no funds in my wallet (yet ), since I started a wallet 4 days ago