People paid by banking elite to troll this Forum?

[cryptoanarchist]

Only daydreaming sociopaths like OP would think that bitcoin is currently important enough for anyone to bother with. We have less volume than Second life's Linden Dollars for Christ's sake.

Come on Matt, you don't give these "banking elite" much credit for intelligence.

If bitcoin truly is a threat, it would need to be stopped early.

Exactly, they wouldn't be running things if they weren't paying attention.

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[matthewh3]

This is a no brainer to me, but would love to hear other people's input.

I hate all these conspiracy theories   

No theory, just a question.

But why would they do it    If they thought bitcoin was a good investment vehicle they would get in on it not try and destroy it thats how capitalism works.  I could see Visa, Mastercard and PayPal making it difficult to buy sell BTC but once/if they smell money there soon get in on the game.  Bitcoin is too small and of the scale its biggest threat is 'Silk Road' growing massively in proportion to the general BTC enconomy and the US/EU trying to outlaw crypto-curriences because of crime?

[Matthew N. Wright]

Exactly, they wouldn't be running things if they weren't paying attention.

Tell us sociopathic sperg-- are they following you too?

[foggyb]

Come on Matt, you don't give these "banking elite" much credit for intelligence.

If bitcoin truly is a threat, it would need to be stopped early.

Oh, I give them plenty of credit for intelligence, so much that I am dumbfounded why anyone thinks it would be more than trivial to stop Bitcoin at this point.

So... if you think they think bitcoin is NOT a threat, why do you support bitcoin? By that definition, bitcoin is a failure if it doesn't upset the "banker elite" applecart.

[cryptoanarchist]

Oh, I give them plenty of credit for intelligence, so much that I am dumbfounded why anyone thinks it would be more than trivial to stop Bitcoin at this point.

So... if you think they think bitcoin is NOT a threat, why do you support bitcoin? By that definition, bitcoin is a failure if it doesn't upset the "banker elite" applecart.

HA! He's got you there Matt! I can't wait to hear your non-answer answer to that one!

[Matthew N. Wright]

So... if you think they think bitcoin is NOT a threat, why do you support bitcoin?

As I've said before (both in video interviews and on this forum in multiple threads), I support Bitcoin as a replacement for the inferior and immoral Paypal.

Bitcoin will not crumble governments, it is not libertarian, and it is not intended for the average consumer. It is a debt settlement utility and will never be scalable.

I am involved in Bitcoin for the same reason anyone else in the world is involved in new technology-- to learn it, break it, make it better, and if it ever fails completely, move on to build/support a suitable replacement.

By that definition, bitcoin is a failure

Bitcoin isn't a failure yet because it's just barely getting started.

By that definition, bitcoin is a failure if it doesn't upset the "banker elite" applecart.

Only someone naive like OP would think that banking elite won't exist after Bitcoin. They'll just use Bitcoin instead of USD.

We can debate all day the reasoning behind Bitcoin from logs of Satoshi himself, argue that it's 'inherently libertarian' etc, but the bottom line is that it's a utility. Just like money, it exists apart from agendas and politics. I use Bitcoin because Paypal is a scam.

People like OP are afraid of Bitcoin growth and classify groups of people as if they were "bad" for Bitcoin. I embrace the growth and welcome every type of people into Bitcoin, just as I would into the USD market. Society doesn't exist around utilities, utilities adapt to society.

HA! He's got you there Matt! I can't wait to hear your non-answer answer to that one!

What you meant to say, is that you can't wait to hear that you're a sperg who is obsessed with agendas and conspiracy theories and ignorant entirely to the technical limitations and unscalability of Bitcoin? Bitcoin has a purpose in the future, and it's not everyday consumer purchases. That future belongs to Ripple and Open Transactions.

[JennyHill]

Bitcoin attracts people ranging from opportunists looking to score a quick buck, to dreamers and fringe dwellers looking for a magical proof for their delusions. I'm somewhere in the middle. The geniuses like the ones that developed Bitcoin are the worst kind of dreamers. They are the ones that show us that magic does exist, the rest of us just don't understand how it works yet.

Funny that the only sane response in this thread is entirely overlooked. Handi-Foil Corp. must love this forum because their revenue jumps every time a new topic is posted.

[matthewh3]

Anyway BTC is more like a commodity than a just a new currency.  Once BTC is stable and established the super rich will just trade it like any other commodity.

[cryptoanarchist]

Just like money, it exists apart from agendas and politics.

Fiat money exists apart from agendas and politics? Sorry, I don't believe you.

Oh Holliday, you're just a tin foil hat wearing nut if you think that "fiat" has anything to do with agenda or politics. Why, the Federal Reserve has nothing to do with politics or agendas, silly rabbit! 

[For the dummies: I'm being sarcastic]

[Matthew N. Wright]

Err... they don't just use fiat, they control it.

And Bitcoin isn't controlled?

Who is developing it?

If you had a problem with the way it's being developed, would your opinion be heeded?

Can't someone with a small fortune easily manipulate the Bitcoin market and create bubbles?

That's not a "banking elite" problem, that's a "human greed" problem, and it will outlive fiat, long after Bitcoin and any other replacement.

Just like money, it exists apart from agendas and politics.

Fiat money exists apart from agendas and politics? Sorry, I don't believe you.

I said money, not fiat money. Don't put words in my mouth brah. I have no misconception that the USD is in fact completely worthless and a scam.

Bitcoin however, is not going to change the world. People will change the world. If Bitcoin replaced every instance of USD right now at this moment, you think people still wouldn't be getting loans, mortgages, charging taxes, fighting the war on drugs, etc? If anything, Bitcoin is going to open the door to the scariest future imaginable-- a future with only one government, only one police, only one currency.

[Matthew N. Wright]

Are you sitting on your ass all day reading comics or working your ass off trying to get money?

Neither! I'm making money sitting on my ass reading comics.

Oh, I apologize, which other forms of money were you talking about specifically? Commodity money? I've never used it personally. So I picked the most common and obvious, fiat.

Ripple?

Don't be naive. One crypto currency to rule them all? And here I stand, arms open ready to embrace it.

Word.

[benjamindees]

So, to recap, the answer was "yes".

And just to correct some of the trolling in this thread, of course Bitcoin is libertarian.  It is a completely voluntary currency.

And Bitcoin would never succeed as simply a less efficient Paypal alternative.  If you really believe that, lol you're an idiot.

[PatrickHarnett]

If I pay someone to troll this thread can I be banking elite?  I could pay several people (would bitcoins be ok), but some will do it for free anyway.  More realistically, we'd have to pay the bankers because they don't do anything for free (a fee maybe).

Philosophically, I can't think of banking and elite being used properly in the same sentence (a malapropism) like military intelligence.  Otherwise, I assume chaos theory might suggest order coming from the randomness of the mixed views that propagate that the guys across at MasterCard will be unhappy with.

[tvbcof]

Voted no, but of course there is no way to be sure.  I've seen no particular evidence (unlike, say, 9/11 being a false flag.)

I suspect that the 'banking elite' are actually favorable to Bitcoin as it solve problems they might have to a much greater extent than us plebs here on this forum.  I think it just as likely that the surprisingly favorable mainstream-ish coverage is some sort of (or evidence of) 'elite' interest in Bitcoin (again, in a positive direction.)  Basically it would be a waste of time to dick around with bitcointalk.org, and probably dangerous given that the operators are likely strongly supportive of Bitcoin and would like nothing better than to catch 'manipulators' red-handed.

[cryptoanarchist]

Philosophically, I can't think of banking and elite being used properly in the same sentence (a malapropism) like military intelligence. 

Seriously? Controlling the banks and the creation of currency is the work of the lower class, right?

[PatrickHarnett]

Philosophically, I can't think of banking and elite being used properly in the same sentence (a malapropism) like military intelligence. 

Seriously? Controlling the banks and the creation of currency is the work of the lower class, right?

If you believe in classes, then you can elevate ordinary people to some exhalated position, but in reality they are just people.  To suggest they are better than you are tells me you need more self esteem.  I give you credit for being able to do things well, and we have seen many people (including leaders of large companies and banks) screw up worse than most people that contribute to this forum.

Also, thank you Holliday for your reply.  Not quite the point I was making - I should have made it clearer.

[PatrickHarnett]

Also, thank you Holliday for your reply.  Not quite the point I was making - I should have made it clearer.

Sometimes I read things and see what I want, instead of seeing what the author intended.  

And in this case I was correctly punished for it.

So, if I paid you in bitcoin, you could troll and I would be "banking elite" (i.e. better than someone else).

[cryptoanarchist]

Philosophically, I can't think of banking and elite being used properly in the same sentence (a malapropism) like military intelligence. 

Seriously? Controlling the banks and the creation of currency is the work of the lower class, right?

If you believe in classes, then you can elevate ordinary people to some exhalated position, but in reality they are just people.  To suggest they are better than you are tells me you need more self esteem.  I give you credit for being able to do things well, and we have seen many people (including leaders of large companies and banks) screw up worse than most people that contribute to this forum.

I think you're injecting your own meaning for "elite" into this. You said "To suggest they are better than you"...that is not what I mean by "elite" and "lower class". I am using those terms in their usual meaning in regards to finances. Those with control of the monetary system have a shitload more money and resources. They are 'elite' because they own yachts and can pay hundreds of employees. 'Lower class' are people trying to get by with a shitty job.

'Classes' in the modern world SHOULD be determined by ability - the way you are defining them - but that isn't the generally perceived notion.

[PatrickHarnett]

Philosophically, I can't think of banking and elite being used properly in the same sentence (a malapropism) like military intelligence. 

Seriously? Controlling the banks and the creation of currency is the work of the lower class, right?

If you believe in classes, then you can elevate ordinary people to some exhalated position, but in reality they are just people.  To suggest they are better than you are tells me you need more self esteem.  I give you credit for being able to do things well, and we have seen many people (including leaders of large companies and banks) screw up worse than most people that contribute to this forum.

I think you're injecting your own meaning for "elite" into this. You said "To suggest they are better than you"...that is not what I mean by "elite" and "lower class". I am using those terms in their usual meaning in regards to finances. Those with control of the monetary system have a shitload more money and resources. They are 'elite' because they own yachts and can pay hundreds of employees. 'Lower class' are people trying to get by with a shitty job.

'Classes' in the modern world SHOULD be determined by ability - the way you are defining them - but that isn't the generally perceived notion.

Ah, so a simple material wealth/power metric.  Maybe I'm being too wishful, but to get things back on track:

I would have thought the "elite" would not deign to lower themselves to the level of bitcoin as it would be easy for them to be dismissive (arrogance or ignorance).  I don't notice an overt bias in the trolling against bitcoin, but then my own bias might filter that out (ref Holliday filtering how he reads things occasionally.)

[cryptoanarchist]

I would have thought the "elite" would not deign to lower themselves to the level of bitcoin as it would be easy for them to be dismissive (arrogance or ignorance).  I don't notice an overt bias in the trolling against bitcoin, but then my own bias might filter that out (ref Holliday filtering how he reads things occasionally.)

They "lowered" themselves enough to prosecute a 60 something year old hippie for making silver coins, and bitcoin is more threatening than Liberty Dollar ever was.