nutildah
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Happy 10th Birthday to Dogeparty!
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July 28, 2014, 09:37:55 PM |
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But the regulation Brian Kelly is asking for will be written by lobbyists on behalf of the financial industry, and they will write the rules to their advantage and to the disadvantage of everybody else.
The whole point of cryptocurrency is its supposed to level the playing field in finance and make it easier for the average person to send or receive money without having to pay a bunch of taxes and surcharges.
By now everyone in crypto understands that its much better to be the house than the players.
By introducing regulation into bitcoin, the financial institutions will continue to play house and profit off the backs of the poor. Raking in pointless fees is the ultimate scam.
Besides, regulation in the financial industry has been an objective failure. It has lead to an inordinately lopsided distribution of wealth which is pushing society to the brink of collapse.
If you are honest with yourself and understand the policies of the Federal Reserve, Quantitative Easing and the corporate bailout culture, you will see that regulation hasn't solved a single one of the many major problems facing the financial industry today.
Regulation will only go to serve the already very wealthy. You already have a lot of wealth... What are you doing trying to take more from poor people? Does it make you feel more secure in your manhood or something? Its this culture of admiration of greed and evil that is causing our decay to accelerate more quickly than ever.
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BTCrawl
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July 28, 2014, 09:59:07 PM |
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But the regulation Brian Kelly is asking for will be written by lobbyists on behalf of the financial industry, and they will write the rules to their advantage and to the disadvantage of everybody else.
How do you know? You throw wild accusations, personal opinions and ad hominems around without a shred of evidence.
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cypz
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July 28, 2014, 10:11:42 PM |
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But the regulation Brian Kelly is asking for will be written by lobbyists on behalf of the financial industry, and they will write the rules to their advantage and to the disadvantage of everybody else.
How do you know? You throw wild accusations, personal opinions and ad hominems around without a shred of evidence. im surprised you havent ignored nutildah yet, i would recommend it as the last few post by this clearly unintellegent person have been going around in circles not getting anywhere. Its sparking bs conversation and it just needs to stop, try not to reply to nutildah just ignore everything said by this user and you'll have a good day =) So how about that moolah taking over mintpal news. Great stuff imo
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barabbas
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July 28, 2014, 10:19:39 PM |
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Interesting subject.
But full of common places and not actually pointing to anything that will present any kind of workable solutions, I think:
So regulation is bad, inevitable, but bad. Why? Well, because regulation has been a failure that only helps the rich get richer while the poor gets poorer. True indeed -in one context- but not necessarily i ALL contexts: Regulation has also saved millions of jobs, hundreds of thousands of companies and, as of today, in the US, protects then poor's balances up to $100,000. Lets not forget the positives either. And, if we extend that to the IMF or the EUF, we know also that several countries have been financially saved in the recent and not so recent past, from Mexico and Argentina to several EU associates. So there's a lot tpo be said in favor of regulation, once we take a closer look and, above all, escape the common places that seem to work only with ignorants. truth is that without quantitative easing and the Corporate bail out, the US would be a bankrupt country financially, living if a decade-or-more great depression and a society in which violence and crime would be rampant. Put the avoidance of that also on the has column on REGULATION.
But, since we, in crypto, are so smart and have everything so easily figured out, why not taking a look at the non-regulation crypto alternative? Ok, we have this wonderful -and almost free-technology that allows, among many other things, worldwide transactions almost instantly and practically free. And, to go with it, a "starting anew" monetary system where inflation will be almost controlled -not really- and a new worldwide denomination currency to go with it... only problem is, without regulation, it is like banks with doors open and no guards inside or police that will stop thieves to come and get it as many times as they want and with guarantee of non-prosecution even if they are caught. It's been called the "Wild West" by some romantics but it is not even remotely close to the lawless West: in order to assault the mining payrolls and the mail and bank physical transfers, the bandits had to show balls of steel, risk their lives and definitely facing the ruthless bounty hunters even when successful, while our crypto bandits get to brag about their thievery hidden, if they so choose, under anonymous handles.
So, fact is that, if you are against regulation, you are supporting these bandits all the way. There's no middle ground. It's either or. And no, the "they deserve it" 'argument' doesn't fly AND YOU KNOW IT.
It's time for the technology -and currency- to serve the people, not the bandits. Welcome regulation, even if it is already quite late. Regulation, for lack of a better word, is indeed GOOD.
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BTCrawl
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2014, 10:20:15 PM |
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But the regulation Brian Kelly is asking for will be written by lobbyists on behalf of the financial industry, and they will write the rules to their advantage and to the disadvantage of everybody else.
How do you know? You throw wild accusations, personal opinions and ad hominems around without a shred of evidence. im surprised you havent ignored nutildah yet, i would recommend it as the last few post by this clearly unintellegent person have been going around in circles not getting anywhere. Its sparking bs conversation and it just needs to stop, try not to reply to nutildah just ignore everything said by this user and you'll have a good day =) So how about that moolah taking over mintpal news. Great stuff imo Yeah, I guess you have a point As for the Moolah taking over Mintpal, I'm not sure how to feel about that to be honest. Hopefully it'll turn out to be a good thing, especially since BK and Moolah have been talking about a partnership!
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barabbas
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July 28, 2014, 10:31:36 PM |
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But the regulation Brian Kelly is asking for will be written by lobbyists on behalf of the financial industry, and they will write the rules to their advantage and to the disadvantage of everybody else.
How do you know? You throw wild accusations, personal opinions and ad hominems around without a shred of evidence. im surprised you havent ignored nutildah yet, i would recommend it as the last few post by this clearly unintellegent person have been going around in circles not getting anywhere. Its sparking bs conversation and it just needs to stop, try not to reply to nutildah just ignore everything said by this user and you'll have a good day =) So how about that moolah taking over mintpal news. Great stuff imo Yeah, I guess you have a point As for the Moolah taking over Mintpal, I'm not sure how to feel about that to be honest. Hopefully it'll turn out to be a good thing, especially since BK and Moolah have been talking about a partnership! Exactly in what way can the Moola-Mintpal be "good"? A good merger is the one where the synergies between the merging companies produces benefits to the acquiring one AND BOTH COMPANIES' CUSTOMERS. None of that applies here: Mintpal is a broken exchange, only saved from bankruptcy by the VRC devs -who were forced to save it to save themselves and their coin-. This will be, best case scenario, a wahsing up the face to try and convince traders that the flaws in security of the past will be taken care off... which people may or may not want to believe and, ion any case, will not benefit them at all. Any integration that they may offer is already widely and freely available at Cryptsy, so no advantages whatsoever for customer. For Moolah? probably just another bad investment to try to benefit of "having a profitable exchange" that MintPal is far from being currently. And one they have, obviously, bought on the cheap, to boot. There's no possible outcome in this merger that can even remotely benefit either crypto or the customers. None whatsoever.
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BTCrawl
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2014, 10:33:57 PM |
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But the regulation Brian Kelly is asking for will be written by lobbyists on behalf of the financial industry, and they will write the rules to their advantage and to the disadvantage of everybody else.
How do you know? You throw wild accusations, personal opinions and ad hominems around without a shred of evidence. im surprised you havent ignored nutildah yet, i would recommend it as the last few post by this clearly unintellegent person have been going around in circles not getting anywhere. Its sparking bs conversation and it just needs to stop, try not to reply to nutildah just ignore everything said by this user and you'll have a good day =) So how about that moolah taking over mintpal news. Great stuff imo Yeah, I guess you have a point As for the Moolah taking over Mintpal, I'm not sure how to feel about that to be honest. Hopefully it'll turn out to be a good thing, especially since BK and Moolah have been talking about a partnership! Exactly in what way can the Moola-Mintpal be "good"? A good merger is the one where the synergies between the merging companies produces benefits to the acquiring one AND BOTH COMPANIES' CUSTOMERS. None of that applies here: Mintpal is a broken exchange, only saved from bankruptcy by the VRC devs -who were forced to save it to save themselves and their coin-. This will be, best case scenario, a wahsing up the face to try and convince traders that the flaws in security of the past will be taken care off... which people may or may not want to believe and, ion any case, will not benefit them at all. Any integration that they may offer is already widely and freely available at Cryptsy, so no advantages whatsoever for customer. For Moolah? probably just another bad investment to try to benefit of "having a profitable exchange" that MintPal is far from being currently. And one they have, obviously, bought on the cheap, to boot. There's no possible outcome in this merger that can even remotely benefit either crypto or the customers. None whatsoever. No, they did state that they're going to hire a security firm to do a third party security audit.
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Doging
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July 28, 2014, 11:27:46 PM |
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I hope moolah add fiat pairs to mintpal.
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nutildah
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Happy 10th Birthday to Dogeparty!
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July 28, 2014, 11:49:22 PM |
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It's time for the technology -and currency- to serve the people, not the bandits. Welcome regulation, even if it is already quite late. Regulation, for lack of a better word, is indeed GOOD.
I disagree. Your entire dissertation doesn't change the fact that there currently exists greater disparity in wealth across the planet than ever before. Ergo, financial regulation has failed.
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nutildah
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Happy 10th Birthday to Dogeparty!
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July 28, 2014, 11:52:14 PM |
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But the regulation Brian Kelly is asking for will be written by lobbyists on behalf of the financial industry, and they will write the rules to their advantage and to the disadvantage of everybody else.
How do you know? You throw wild accusations, personal opinions and ad hominems around without a shred of evidence. http://www.telegraph.co.uk/news/worldnews/northamerica/usa/10769041/The-US-is-an-oligarchy-study-concludes.htmlThe masses haven't had an effect on American public policy in the last 40 years. We are in effect already a corporate oligopoly. How could you assume that bitcoin regulation wouldn't be written in the banks favor? That just seems incredibly naive by now.
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BTCrawl
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2014, 11:59:28 PM |
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But the regulation Brian Kelly is asking for will be written by lobbyists on behalf of the financial industry, and they will write the rules to their advantage and to the disadvantage of everybody else.
How do you know? You throw wild accusations, personal opinions and ad hominems around without a shred of evidence. http://www.telegraph.co.uk/news/worldnews/northamerica/usa/10769041/The-US-is-an-oligarchy-study-concludes.htmlThe masses haven't had an effect on American public policy in the last 40 years. We are in effect already a corporate oligopoly. How could you assume that bitcoin regulation wouldn't be written in the banks favor? That just seems incredibly naive by now. Thanks ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I assumed you were just guessing, and you just confirmed it. I'll be ignoring you from now on.
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nutildah
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Happy 10th Birthday to Dogeparty!
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July 29, 2014, 12:59:02 AM |
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But the regulation Brian Kelly is asking for will be written by lobbyists on behalf of the financial industry, and they will write the rules to their advantage and to the disadvantage of everybody else.
How do you know? You throw wild accusations, personal opinions and ad hominems around without a shred of evidence. http://www.telegraph.co.uk/news/worldnews/northamerica/usa/10769041/The-US-is-an-oligarchy-study-concludes.htmlThe masses haven't had an effect on American public policy in the last 40 years. We are in effect already a corporate oligopoly. How could you assume that bitcoin regulation wouldn't be written in the banks favor? That just seems incredibly naive by now. Thanks ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I assumed you were just guessing, and you just confirmed it. I'll be ignoring you from now on. I don't know why you would want to ignore such obvious warning signs. I know not everyone is being as hard-headed as you are. You must be in quite deep with the NAUT. Well fair warning, once the rest of cryptoland understands Brian Kelly's true intentions, NAUT is going to drop like a rock.
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newra
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July 29, 2014, 12:59:22 AM |
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By the way, BK - do you feel comfortable sharing the timetable that Blocktech has given you (if they have!) on the latest updates? I know you said you don't want to give specific dates, but would be fun to hear how things are progressing ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) +1 Also I was wondering (obviously given the benefit of hindsight), would it have been better to implement POS on a brand new blockchain and just move the coins over. Might have been done by now. Edit: By move I meant swap ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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IncreaseMyT
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July 29, 2014, 05:34:18 AM |
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And for everyone trying to conflate my argument with wanting to "shut down crypto," you're missing the point entirely, and on purpose, and there's nothing I can do to get you to see the point.
How exactly am I missing the point? You clearly said he is trying destroy BTC, or whatever word you used. You sound kind of like a radical newb, which is fine, but my point is very clearly stated that your hyping something that is never going to happen, wether it's the true motive or not. So obviously your attempt is to troll the thread, regardless of your reasononing. Shutting down of the bitcoin and 51% attacks are like Bigfoot, everyone has heard about it, but no one has actually seen one....... It's old and tired, and radical and newbish ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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scrypto
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July 29, 2014, 10:51:34 AM |
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But the regulation Brian Kelly is asking for will be written by lobbyists on behalf of the financial industry, and they will write the rules to their advantage and to the disadvantage of everybody else.
How do you know? You throw wild accusations, personal opinions and ad hominems around without a shred of evidence. http://www.telegraph.co.uk/news/worldnews/northamerica/usa/10769041/The-US-is-an-oligarchy-study-concludes.htmlThe masses haven't had an effect on American public policy in the last 40 years. We are in effect already a corporate oligopoly. How could you assume that bitcoin regulation wouldn't be written in the banks favor? That just seems incredibly naive by now. Thanks ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I assumed you were just guessing, and you just confirmed it. I'll be ignoring you from now on. I don't know why you would want to ignore such obvious warning signs. I know not everyone is being as hard-headed as you are. You must be in quite deep with the NAUT. Well fair warning, once the rest of cryptoland understands Brian Kelly's true intentions, NAUT is going to drop like a rock. Didn't you say you were going to create your own thread? you seem passionate about this. You could call it "BK - THE EVIL THAT KILLED CRYPTO" - you can passionately discuss it there until the till the cows come home, or until you get a visit from BK's legal team
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Doging
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July 29, 2014, 11:24:39 AM |
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Will the multipool development be paid for by the NSF or do we need to organize a bounty? That's presuming someone doesn't want to run their own.
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coolmyrig
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July 29, 2014, 11:30:14 AM |
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So how about that moolah taking over mintpal's news.
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mdtspain
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July 29, 2014, 03:50:08 PM |
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I don't know why you would want to ignore such obvious warning signs. I know not everyone is being as hard-headed as you are. You must be in quite deep with the NAUT.
Well fair warning, once the rest of cryptoland understands Brian Kelly's true intentions, NAUT is going to drop like a rock.
Man....do you have any idea how borring you are? Who do you think you are? Jesus Christ or maybe GOD himself? I think you are just a frustrated loner that has no friends, no girlfriend...maybe not even a dog, that wants you to walk him in the park. Please get a life AND let other people life their life of choose
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whatdidshedo
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July 29, 2014, 05:21:46 PM |
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what's this about Dirac sucking Naut i'm hearing ? why are we even tied to Dirac. it's that thing from other day , where someone sucked Naut by pumping Dirac i assume but who trades naut for dirac? are some funds from brian tied to that par so it can be abused? i think we should cut ties and be a coin not tied to any other.
PS: David going mental pumping some trashing other coins(i don't think he's even aware what he's doing, he should stick to politics)
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Doging
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2014, 05:58:19 PM |
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what's this about Dirac sucking Naut i'm hearing ? why are we even tied to Dirac. it's that thing from other day , where someone sucked Naut by pumping Dirac i assume but who trades naut for dirac? are some funds from brian tied to that par so it can be abused? i think we should cut ties and be a coin not tied to any other.
PS: David going mental pumping some trashing other coins(i don't think he's even aware what he's doing, he should stick to politics)
Dirac back at 1.4 and NAUT should be in a much stronger position if it happens again. I noticed David was getting mixed up with sync guys, not sure what the story is there.
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