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Author Topic: The Bitcoin Manifesto  (Read 5289 times)
genjix
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April 10, 2011, 04:56:35 PM
 #1

From my friend Jaromil. I love this little speech:

Quote
hi Aharon,

On Thu, 07 Apr 2011, a...@aharonic.net wrote:

> bitcoins - isn't this simply a distributed structure to do
> capitalism with?

That's not even the worst you can do with it. you can do money
laundering, buy drugs online and sex toys, all anonymously.  but
that's not the point, because despite the coercion imposed by all
kinds of regulatory systems so far, also current official monetary
systems are full of that shit, on top of the capitalist pie.

Emerging technologies should never be judged by the sensationally bad
taste of early adopters. it's like being concerned about the shit that
fertilizes some beautiful flowers, wasting their seeds.

What really bitcoin is, I finally understood on the 6 april (which
somehow always ends up being a magic day, eh!): this is now the end of
the *flow capitalism*, which consists of the monopoly on transactions,
the hegemony of banks on the movement of values and not just their
storage, this middle-man mafia strangling the world as we speak.

How right are now those South American countries asking the "taxation
of transactions", an argument refrained in many speeches of the
companeros. They studied the system and understood that there is a
crucial problem there, that needs to be solved urgently. Yet i'd argue
here taxation on transaction cannot be the solution. The solution is
to eliminate the flow capitalists.

If i want to give you money i'll give it to *you*. me and you,
period. its fine that we'll pay our taxes for our communities, don't
get me wrong this is not a tea bagger argument. its just not right
that all what we do is in the hands of a third party, that has been
caught cheating already many times: look at what happened at the
paypal accounts of the Iraqi linux user group back in 2004, or even
more recently to Wikileaks.

We don't need those fat cheaters to be in between our value
transactions anymore; the flow capital has played its disgusting role
in the little laps of history for which it has been needed, now sadly
these people won't give up what they have accumulated, so it makes
more sense to leave them alone and multiply more monetary systems that
work efficiently across diverse networks and that rely on the
neutrality of a cryptographic authentication.

the death of the flow capital is a new stage for the necrotization of
capitalism.

 ciao

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gusti
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April 10, 2011, 09:12:31 PM
 #2

superb
+10

If you don't own the private keys, you don't own the coins.
divergenta
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April 10, 2011, 10:50:46 PM
 #3

Awesome!

Jered Kenna (TradeHill)
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April 11, 2011, 01:27:35 AM
 #4

Thanks for the read man.
This is the biggest reason for Bitcoin and the biggest reason it has (and will have more) enemies.
We're talking about some powerful groups that would be losing a lot of money.

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April 11, 2011, 01:33:21 AM
 #5

We're talking about some powerful groups that would be losing a lot of money.

More like they just don't wanna invest in the idea. If I were Goldman Sach, I would invest in bitcoin for a chance of several thousand percent in return.

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April 11, 2011, 11:33:53 AM
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We're talking about some powerful groups that would be losing a lot of money.

More like they just don't wanna invest in the idea. If I were Goldman Sach, I would invest in bitcoin for a chance of several thousand percent in return.

"Invest" is the kind of word that the flow capitalism uses. We, as hackers, know, that it's possible to create complex software even without any outside investment at all.

Now, what Bitcoin needs to show the world, is that there are alternatives in hoarding capital and creating megaprojects with huge investments. Centralized investments lead to centralized projects which lead to centralized management (and often incompetent, as in the case of Fukushima).

just my 2 bitcoin-cents

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April 11, 2011, 12:12:04 PM
 #7

We're talking about some powerful groups that would be losing a lot of money.

More like they just don't wanna invest in the idea. If I were Goldman Sach, I would invest in bitcoin for a chance of several thousand percent in return.

"Invest" is the kind of word that the flow capitalism uses. We, as hackers, know, that it's possible to create complex software even without any outside investment at all.

Now, what Bitcoin needs to show the world, is that there are alternatives in hoarding capital and creating megaprojects with huge investments. Centralized investments lead to centralized projects which lead to centralized management (and often incompetent, as in the case of Fukushima).

just my 2 bitcoin-cents


You still invest, its just your own time and labor.

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Jered Kenna (TradeHill)
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April 11, 2011, 12:53:30 PM
 #8

We're talking about some powerful groups that would be losing a lot of money.

More like they just don't wanna invest in the idea. If I were Goldman Sach, I would invest in bitcoin for a chance of several thousand percent in return.

"Invest" is the kind of word that the flow capitalism uses. We, as hackers, know, that it's possible to create complex software even without any outside investment at all.

Now, what Bitcoin needs to show the world, is that there are alternatives in hoarding capital and creating megaprojects with huge investments. Centralized investments lead to centralized projects which lead to centralized management (and often incompetent, as in the case of Fukushima).

just my 2 bitcoin-cents


You still invest, its just your own time and labor.

Or money, I'm sure a lot of people are putting personal money in to it and paying to have things developed etc.
It's just not a company or government dumping huge amounts in to it.

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em3rgentOrdr
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April 12, 2011, 06:56:24 AM
 #9

death to the flow capitalists!!! cut the flow off to the flow capitalists!!

goto bitcoin faucet and turn the nozzel which will drain the flow capitalists of their stream of green.

flow capitalism is the leak.  bitcoin is the patch.

"We will not find a solution to political problems in cryptography, but we can win a major battle in the arms race and gain a new territory of freedom for several years.

Governments are good at cutting off the heads of a centrally controlled networks, but pure P2P networks are holding their own."
jaromil
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April 20, 2011, 01:40:28 PM
 #10


Support us writing more  Cool

 http://bitcoin.witcoin.com/p/1212/DYNDY---writing-more-philosophical-and-economical-considerations-about-bitcoin

Dyne.org Bitfinex refer hb0LQuIB0H 10%off
pollen_bit
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September 29, 2013, 08:29:36 AM
 #11

Had the great pleasure of meeting jaromil over the European Bitcoin Convention in Amsterdam (Sept. 2013). I thought it is well worth bumping his Manifesto for the new Bitcoiners who aren't familiar.

IamSatoshi is a project to explore ฿itcoin. https://www.onename.io/iamsatoshi
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October 01, 2013, 07:17:52 PM
 #12

pretty good read.

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Fair, Scarce, and Fast. Meet Franko
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