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Author Topic: Project Mainstream - So we got Bitcoin on Alex Jones. [Link Inside]  (Read 4350 times)
ElectricMucus
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October 11, 2011, 05:01:20 PM
 #41


I think it's pretty interesting how this big push is just so Atlas can improve his own buying power with the BTC he owns.  Once he dumps, will he continue to pump?
Not everybody is in btc for dumping.
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Creating a Bitcoin client that fully implements the network protocol is extremely difficult. Bitcoin Core and some of its derivatives are the only known safe implementations of full nodes. Some other projects attempt to compete, but it is not recommended to use such software for anything serious. (Lightweight clients like Electrum and MultiBit are OK.)
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netrin
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October 11, 2011, 05:26:28 PM
 #42

@ElectricMucus: Note I referred to monetary 'authority' of civilizations. I won't argue the political vs corporate authority of central banks. It's not so black and white. Previous to Keynesian central banks, most banks issued independent (fractional) reserve promissory notes backed by a scarce commodity (typically gold or silver). Business cycles and bank runs were problematic and central banks with unlimited fiat issuing power, eventually backed by nothing, were considered a solution. It continues to be argued that central bank independence is a good.

These globalists Alex preaches against, I imagine, would be organizations like the IMF, which coincidently attempted to stabilize global prices with the SDR backed by a basket of currencies, not just the US dollar, until the United States arrested the director, Strauss-Kahn on rape allegations. Is that an example of the US Empire suppressing the masses or the glorious Americans defending against the evil banking illuminati or coincidence? As I see it, with the United States, Europe, and China bailing out every insolvent bank or government, markets rallying, gold falling, we are collectively applauding economic destabilization and nationalization of our financial systems.

Have those for whom the collapse is an advantage planned for further centralization of control or are they just taking advantage when opportunities arise?

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October 11, 2011, 06:10:14 PM
 #43

If any others feel the same way, but choose to withhold comment, a simple +1 will suffice.

I'm good for a +.6667   Grin

Gotta respect anyone for taking action to promote bitcoin adoption, even if the chosen mechanism is a little misguided.

I'd just say to the OP that IMO the adoption of bitcoin depends less on convincing consumers (especially the crazies) of the benefits of holding bitcoin or purchasing items with bitcoin; adoption depends more on convincing businesses that accepting bitcoin for purchases will grow their business and be profitable for them.  That means reducing or eliminating the problems/risks bitcoin currently has as a medium of exchange (relative to fiat/credit).  You might want to consider focusing your considerable energies there.

If you decide to go that route, be sure to keep your solutions free of any ideological overtones...it's a lot easier to convince someone to change their behavior for economic reasons than it is to convince someone to change their ideology for ANY reason.

Peace
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October 11, 2011, 08:54:11 PM
 #44

I'd just say to the OP that IMO the adoption of bitcoin depends less on convincing consumers ... adoption depends more on convincing businesses[/i

And once business have been convinced, consumers need to start BUYING.

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October 11, 2011, 09:39:33 PM
 #45

And once business have been convinced, consumers need to start BUYING.
Consumers don't need to do anything, except evaluate the pros/cons of transacting in BTC vs other currencies.
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