Bolivia Bans Bitcoin.

[JimboToronto]

Losing credibility since 1842.

LOL

True.   

[Sandia]

[
I was bashing another poster's homogeneous and parochial minded 'right wing' ego-centric ideology. 99% of the time, such an ideology is reserved for a section of the American population who suffer from both cultural ignorance and cultural arrogance which results in them having a very blinkered view of geo-politics and life in general.

I think you are wrong on 2 points:
1) Americans are far, far from the worst.  Germans, Swedes, Australians are all (in my experience) worse.  Every Asian country is much worse, and I have lived in Asia for 15 years.
2) If you think it is a right wing phenomenon, you haven't dealt with left wing NGO/charity employees.

It is cultural ignorance and arrogance.  But it is not a right wing American phenomenon.

[hologram]

2) If you think it is a right wing phenomenon, you haven't dealt with left wing NGO/charity employees.

You are right, he don't know the incredible amount of people like that France produce, they are just mainly unpolitical or leftist. You have the avoided "frontiste" too, the member of the French national socialist party where you sing nazi music, and obviously pro-russian 

[okthen]

[
I was bashing another poster's homogeneous and parochial minded 'right wing' ego-centric ideology. 99% of the time, such an ideology is reserved for a section of the American population who suffer from both cultural ignorance and cultural arrogance which results in them having a very blinkered view of geo-politics and life in general.

I think you are wrong on 2 points:
1) Americans are far, far from the worst.  Germans, Swedes, Australians are all (in my experience) worse.  Every Asian country is much worse, and I have lived in Asia for 15 years.
2) If you think it is a right wing phenomenon, you haven't dealt with left wing NGO/charity employees.

It is cultural ignorance and arrogance.  But it is not a right wing American phenomenon.

There's really bad situations in many countries (specially the most economically relevant ones).
However, I don't think we should be bashing each other when there are catholic and orthodox churches being bombed almost every day in arabic countries. And I by no means mean it's the general population. Just putting things in perspective...

[sgbett]

[
I was bashing another poster's homogeneous and parochial minded 'right wing' ego-centric ideology. 99% of the time, such an ideology is reserved for a section of the American population who suffer from both cultural ignorance and cultural arrogance which results in them having a very blinkered view of geo-politics and life in general.

I think you are wrong on 2 points:
1) Americans are far, far from the worst.  Germans, Swedes, Australians are all (in my experience) worse.  Every Asian country is much worse, and I have lived in Asia for 15 years.
2) If you think it is a right wing phenomenon, you haven't dealt with left wing NGO/charity employees.

It is cultural ignorance and arrogance.  But it is not a right wing American phenomenon.

There's really bad situations in many countries (specially the most economically relevant ones).
However, I don't think we should be bashing each other when there are catholic and orthodox churches being bombed almost every day in arabic countries. And I by no means mean it's the general population. Just putting things in perspective...

I don't think it has so much to do with countries, as it does to do with *people*. People are crazy.

[600watt]

Russia, China, Thailand, Bolivia... what do all these countries have in common?  Lack of freedom and human rights.  (BTW, BTC seems ok in India, new exchanges etc have opened)

Saying Bitcoin is "the Man up to his same old tricks" is like saying that women's liberation was planned by "the Man" to put pressure on the middle east and other countries.

The interesting thing is, in the brief post Soviet period when when relations between the West and the Russian Federation were at their sweetest during the Yeltsin perestroika era. That is when Russia was most 'free' and the time when Russia was in full on embrace with Western capitalist economics and policies. Unfortunately it was also the time of huge bread queues waiting on deliveries to come to practically empty shop shelves and poverty amongst the masses of the Russian population like we have never known in the west for a very very long time, whilst Jewish oligarchs in cahoots with Western finance, bought up the rights to all Russia's raw materials and national assets for pennies on the dollar, enriching a very select few, whilst the Russian state and most of the population went to the dogs. That was the only time in history when I can remember Russia or it's leaders getting a good press in the West. Since Putin came in and started to seize much of it back under state control and into the hands of his own cronies, we have started not to like Russia so much again.

A Western style liberal democracy is not in the interests of the vast majority of nations on this Earth, as adopting the kinds of policies that the West likes, opens them up to exploitation from external sources. That is why Western governments are so insistent that countries all over the world (especially oil rich or geo-poltically strategic ones) adopt Western values and policies.

Why does it have to be all the dominoes falling rather than just take this news for what it is?
Maybe other countries follow, maybe not.  Perhaps it was the NSA, perhaps it was an independent programmer.  
Saying it with such certainty is ridiculous.

If I were typing in German, they have a whole range of 'subjunctive' verbs that can be used to imply that something would, could, or might, be the case. But since I am typing in English, I will have to stick to saying it as though it were already established fact and as though I have all the evidence in front of me.

The fact that US is seen as an evil country for their oil wars, federal reserve banking and NSA spying does not make them a polar opposite to Russia and China. In fact, all of these giants are crooks and US could very well be just the lesser evil.

Or the greater evil when you start to look at the evidence that Wall St funded the communist revolution and the rise of Nazism in 30's Germany, which was also aided and abetted by Big US industry providing essential technology to their German subsidiary companies, without which Hitler would never have been able to wage war.....oh, incidentally, the US emerged from that little stramash with the majority of the world's gold reserves thus forcing the world on the path towards a USD global standard, and went from simply being an economic powerhouse, to thee eminent manager of global geo-politics. Just a coincidence, nothing to worry about.

welcome to ignore 

[MatTheCat]

I don't think it has so much to do with countries, as it does to do with *people*. People are crazy.

Within countries, exists culture(s), which tend to affect or colour peoples mentalities, ideas, and world outlook. So it is every bit as much about countries as it is about people.

[OH MY GAWD!!! HE POINTED OUT THAT ALL THE RUSSIAN BILLIONAIRES WHO RAN OFF WITH ALL RUSSIA's WEALTH WERE JEWISH! HE IS SOOOO ANTI-SEMTIC]

welcome to ignore  

Yup that is right.

The majority of the Russian Oligarchs that emerged as billionaires as a result of them appropriating all of Russia's resources during the 'free 4 all' Yeltsin era, were Jewish. Pretty good going for a country with Jewish population of around 0.1%, don't you think?

Care to prove me wrong?  You can't, because it is a fact.

Am I allowed to notice this fact? Am I allowed to declare this fact? Does noticing this make a racist? Or even worse than racist, an Anti-Semite?

[hologram]

Within countries, exists culture(s), which tend to affect or colour peoples mentalities, ideas, and world outlook. So it is every bit as much about countries as it is about people.

that's not the point.

[MatTheCat]

Within countries, exists culture(s), which tend to affect or colour peoples mentalities, ideas, and world outlook. So it is every bit as much about countries as it is about people.

that's not the point.

It is for me.

Your ideology can or at least should only be contrived in a cultural melting pot of self-righteous ignorance and arrogance. The sort of ideology that American culture churns out so well, yet you are French.

[bitcoinsrus]

Within countries, exists culture(s), which tend to affect or colour peoples mentalities, ideas, and world outlook. So it is every bit as much about countries as it is about people.

that's not the point.

It is for me.

Your ideology can or at least should only be contrived in a cultural melting pot of self-righteous ignorance and arrogance. The sort of ideology that American culture churns out so well, yet you are French.

you know who else was french! 

[hologram]

Hypothesis:Your ideology can or at least should only be contrived in a cultural melting pot of self-righteous ignorance and arrogance. The sort of ideology that American culture churns out so well,

Fact:yet you are French.

Your hypothesis is false, try again. And you are arrogant too...

[aminorex]

This is indeed a very interesting thread of discussion.  However, if you accept the notion that the evil globalist bankers are controlled by the likes of a few people like the Rothchild family, it would be indeed very difficult for the world's existing puppet-masters to buy up or re-accumulate a high percentage of the world wealth if they started to buy up bitcoins in any quantity meaningful to a family with potentially $300Billion US dollars in wealth.   Bitcoin cannot be printed the way they print euros or federal reserve notes!! 

So for this reason, I don't see any way the NWO was behind the creation of bitcoin.  Also, if the globalists were able to kill off bitcoin, it would have happened already!  The market cap now is too big a threat.

Are you kidding?  They got about a million "satoshi" bitcoin for free, and even today bitcoin are essentially free for anyone who can print money.  It's only when people stop accepting fiat for btc that it even begins to get remotely expensive for the banking elite.

[kuusj98]

You can't "ban" something that is virtual, all these country's make decisions of which they don't even know are legit or do-able in any way, hmpf..

[traderCJ]

This just in: Governments hate anything that undermines their absolute control over every aspect of your life.  More at 11.

[redwhite037]

But Bolivia also bans pot, but not coca leaves ... go figure.

[practicaldreamer]

Re. BTC being US imperialist conspiracy. Can't say the idea hasn't crossed my mind (fleetingly) - but I don't buy it.

1) China's/Russia's ambivalence to BTC (and they aren't the only countries to be so currently predisposed) stems more from, in my view, them having an eye on their own currencies possibly playing a role as a world reserve currency. Their economies and countries would then reep the benefits that the US economy has from having the USD as reserve currency. They might feel they deserve this benefit. BTC comes along and pulls the rug from under their feet almost - you can see why they'd be a little aggrieved.

2) BTC is decentralised and without central governance, as we all know. The US powers that be can no more control it for their own ends than anyone else. It would be like them funding a renegade bunch of Middle East fundamentalists in the hope that they will capture us country A - and leave alone country B, for the US alone to exploit.

Oh shit, wait a minute ......  

With regards Bolivia - it seems obvious to me why they've banned (have they ?) BTC - they banned it cos its much easier to take a line of cocaine up your nose using a dollar bill than it is using elliptic curve cryptography algorithms  

[Febo]

But Bolivia also bans pot, but not coca leaves ... go figure.

Since is their history. You cant just denies your history. You then dont know any more who you are.

[MatTheCat]

BTC is decentralised and without central governance, as we all know. The US powers that be can no more control it for their own ends than anyone else.

And what about gold? The Gold Standard was 'decentralised' in that every year the any national deficit between two countries banking systems would have to be settled in gold that nobody could just magically pull out of a hat. Could nobody be in control of that?

Really?

Is world history not littered with examples of metals markets being cornered and controlled?

Did the US not emerge from WW2 with all the world's gold, which was a vital stepping stone in pushing the world to accept the current petro-dollar standard?

Could Bitcoin not also be bought up and cornered by the big players and thus controlled by the big players?

Is Satoshi's 1.5 MBTC not already in the hands of some arm of US intelligence? If so, would 1.5 MBTC be enough of a market share to ensure control of the Bitcoin market?

[bitcoinsrus]

BTC is decentralised and without central governance, as we all know. The US powers that be can no more control it for their own ends than anyone else.

And what about gold? The Gold Standard was 'decentralised' in that every year the any national deficit between two countries banking systems would have to be settled in gold that nobody could just magically pull out of a hat. Could nobody be in control of that?

Really?

Is world history not littered with examples of metals markets being cornered and controlled?

Did the US not emerge from WW2 with all the world's gold, which was a vital stepping stone in pushing the world to accept the current petro-dollar standard?

Could Bitcoin not also be bought up and cornered by the big players and thus controlled by the big players?

Is Satoshi's 1.5 MBTC not already in the hands of some arm of US intelligence? If so, would 1.5 MBTC be enough of a market share to ensure control of the Bitcoin market?

Hey matt, what do you think about a crypto that was only traded for gold or something (meaning the users would not trade it for Fiat). I know it has many flaws (hard to divide a piece of gold for a fraction of a bitcoin). I made a thread similar to this subject (a few days ago in this spec forum and had slight discussions about this (on other threads here).

I personally think it probably would not work because people would just break the rules and exchange for fiat (and gold is too hard to break up and exchange for the cryptos)

[Torque]

Hey matt, what do you think about a crypto that was only traded for gold or something (meaning the users would not trade it for Fiat). I know it has many flaws (hard to divide a piece of gold for a fraction of a bitcoin). I made a thread similar to this subject (a few days ago in this spec forum and had slight discussions about this (on other threads here).

I personally think it probably would not work because people would just break the rules and exchange for fiat (and gold is too hard to break up and exchange for the cryptos)

If you mean a virtual currency backed by real gold.  Been there, done that, and it failed spectacularly:

http://en.wikipedia.org/wiki/E-gold