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Author Topic: Decentrally mined currency has failed so far  (Read 11254 times)
cbeast
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December 01, 2014, 12:05:37 PM
 #121

One more reason if you have a large ASIC rig you will mine on the approved pools because that is where the most transactions and revenue will be, because the sheeple will surely follow the government edicts.
Where will the gubbermint get the bitcoins to enforce these laws? You think soldiers will work for dollars? I think you have it the other way around. Perhaps it will be miners that take the place of central banks in deciding financial policies. I doubt either extreme is likely.

Exactly what government department owns the internet cables?

Exactly what government department owns the airports and airlines?

There are no TSA and body cavity searches for infants and grandmas. It is just a delusion.

Fuck the powers-that-be could defaecate in your face, fuck you in your ass, and you'd still be protecting your investment in Bitcoin. Amazing how investments can make you stupid.
Backbones are owned by private interests. Those private interests could ask for protection from aggressive authorities in exchange for the privileges the aggressive authority once had. That aggressive authority would then be committing an act of war to continue its aggression.

Talk about delusion. Geez. You are really far out in fantasy land. Good luck.
And you are talking about North Korea, not the USA. That's what happens to the types of regimes you are supporting.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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December 01, 2014, 12:10:10 PM
 #122

You just showed pretty well, what a arrogant US-American you are.
What is "the last time your socialism peaked and collapsed into hell" even supposed to mean? I mean seriously, US-education on history isn't really known for being accurate about things that happened outside of US.
But sure, believe that your country is all-powerfull and can force whatever they want on everybody, because your country is doing so damn well.

I guess you weren't alive during World War 2.

I don't wish my country can enforce its edicts you European cry baby. I want to get rid of my USA citizenship. I am just looking at reality.

The reality is none of you own a gun and so Putin could have his tanks in France within 15 days if the USA doesn't try to stop him.

And guess what? We are not going to stop him. We will pretend we have budget problems, even though Obama sees no problem with running $1 trillion deficit spending on the socialism.

You will get an education soon about reality of the outcome of your safety nets.
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December 01, 2014, 12:12:18 PM
 #123

You just showed pretty well, what a arrogant US-American you are.
What is "the last time your socialism peaked and collapsed into hell" even supposed to mean? I mean seriously, US-education on history isn't really known for being accurate about things that happened outside of US.
But sure, believe that your country is all-powerfull and can force whatever they want on everybody, because your country is doing so damn well.

I guess you weren't alive during World War 2.

I don't wish my country can enforce its edicts you European cry baby. I want to get rid of my USA citizenship. I am just looking at reality.

The reality is none of you own a gun and so Putin could have his tanks in France within 15 days if the USA doesn't try to stop him.

And guess what? We are not going to stop him. We will pretend we have budget problems, even though Obama sees no problem with running $1 trillion deficit spending on the socialism.

You will get an education soon about reality.
Um. France has nukes too.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
turvarya
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December 01, 2014, 12:14:22 PM
 #124

turvarya, are you not aware of all the seizures of cash and gold of Europeans crossing borders?
So, if I want to cross borders with mining equipment it will get seized?

One more reason if you have a large ASIC rig you will mine on the approved pools because that is where the most transactions and revenue will be, because the sheeple will surely follow the government edicts.
Which governments edict? US-government?
You just don't get, that there isn't just one government, do you?

I think you should continue in your ignorant bliss and category errors illogic. And I should not try to wake up a sheep.

And all because you invested in Bitcoin and lost a lot of money and need the price to go up. Sigh. Therefore you resist any attempt to say the protocol needs improvement.

Thanks for confirming to me that the powers-that-be have no significant resistance.

You enjoy moving the goal posts. Does that help you?

Being disingenuous can only serve to fool yourself. You asked me for any signs that the world is caving in to USA style authoritarianism. I provided it, you move the goal posts to something other than what you asked me to do.

Yes the mining equipment being used to avoid regulations will be seized when the time is ripe. But by then it will be much too late for you. I warned about Tor in mid-2013, then in late 2014 so many hidden services were busted.

Ditto will happen again on my warnings.
The bitcoins I bought are worth more today, so your assumption that I lost money is just wrong, like most of your assumption.
I still have no idea, what are talking about, when you say "turvarya, are you not aware of all the seizures of cash and gold of Europeans crossing borders?". There are limits of how many cash your are allowed to bring over a border. If you bring more, it get seized. It get seized, when it is drug money. There are many reasons to rightfully seize money. Nothing special about. You also get prosecuted in the EU for murder. But that's not a sign of the influence of the USA in the EU. We did that before, your country was even formed.
So, show me a case, where it wasn't legit to seize this money. You are raffling random stuff, without showing any evidence.

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December 01, 2014, 12:14:36 PM
 #125

Um. France has nukes too.

What could be better to torment the world into begging for a new world order to restore peace, than to have regional nuclear war.

Remember Putin keeps making the point that whatever the USA did in the past, he can do, e.g. Kosovo and Putin Crimea.

When the shit really gets hot, nobody is going to care about who owns the internet cables in the ocean, only that they've been selectively rendered inoperable.

Remember the powers-that-be, "whether by peaceful compliance or conflict, we will have a new world order".
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December 01, 2014, 12:18:17 PM
 #126

You just showed pretty well, what a arrogant US-American you are.
What is "the last time your socialism peaked and collapsed into hell" even supposed to mean? I mean seriously, US-education on history isn't really known for being accurate about things that happened outside of US.
But sure, believe that your country is all-powerfull and can force whatever they want on everybody, because your country is doing so damn well.

I guess you weren't alive during World War 2.

I don't wish my country can enforce its edicts you European cry baby. I want to get rid of my USA citizenship. I am just looking at reality.

The reality is none of you own a gun and so Putin could have his tanks in France within 15 days if the USA doesn't try to stop him.

And guess what? We are not going to stop him. We will pretend we have budget problems, even though Obama sees no problem with running $1 trillion deficit spending on the socialism.

You will get an education soon about reality of the outcome of your safety nets.
You can get rid of your US-citizenship if you want to. Many people already did.

https://forum.bitcoin.com/
New censorship-free forum by Roger Ver. Try it out.
ArnoldChippy
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December 01, 2014, 12:19:21 PM
 #127

I broadly agree that all gov's are power crazed organisations and truly capable of the most dangerous of actions.

However, if the USA were to close the internet backbones, it would leave them without the ability to snoop and spy on the rest of the planet and thus be isolated. They are then, in effect, in a similar same catch 22 situation as those they would seek to control.

The HUGE burden of finding resources to carry out all this monitoring and enforcement shouldn't be underestimated as they'd be confronting people by the millions (billions?).

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|.JOIN US NOW!.|
UnunoctiumTesticles (OP)
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December 01, 2014, 12:21:30 PM
 #128

The bitcoins I bought are worth more today, so your assumption that I lost money is just wrong, like most of your assumption.

Oh I see, you are "buy and hold religiously and ignore any new information". That is a classic gold bug mentality also.

I still have no idea, what are talking about, when you say "turvarya, are you not aware of all the seizures of cash and gold of Europeans crossing borders?". There are limits of how many cash your are allowed to bring over a border. If you bring more, it get seized.

Oh I see that seizure of money and capital controls are not evidence of USA style authoritarianism which you claimed doesn't exist in your nirvana.

You are raffling random stuff...

Information is noise to those who can't do addition or who are willfully vested in ignoring information.

You pretend to be dumb.
cbeast
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December 01, 2014, 12:23:11 PM
 #129

Um. France has nukes too.

What could be better to torment the world into begging for a new world order to restore peace, than to have regional nuclear war.

Remember Putin keeps making the point that whatever the USA did in the past, he can do, e.g. Kosovo and Putin Crimea.
France doesn't have a nuclear deterrence force, it has a nuclear defense force. Obviously they won't start a war with Russia, but they can and would escalate it. Save the NWO stuff for Alex Jones.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
UnunoctiumTesticles (OP)
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December 01, 2014, 12:25:26 PM
 #130

You can get rid of your US-citizenship if you want to. Many people already did.

Yes of course I know that. And I know ways of obtaining a new citizenship that doesn't require I spend much money too. Does that warrant cluttering this thread with a post?

I realize you are trying to make some silly claim that because I haven't done it yet, then I am not serious about doing it. And you are incorrect.
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December 01, 2014, 12:27:43 PM
 #131

France doesn't have a nuclear deterrence force, it has a nuclear defense force. Obviously they won't start a war with Russia, but they can and would escalate it. Save the NWO stuff for Alex Jones.

This time it isn't a joke. You guys have no idea how your world is going to turn upside down over the next several years.

I hope you realize Russia's economy is threatened by the collapsing oil prices and global downturn. The only way Putin can maintain his 80% public approval rating is to keep escalating. And the powers-that-be are happy to oblige this.

Europe also needs a war when their economies implode (coming soon).
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December 01, 2014, 12:31:51 PM
 #132

France doesn't have a nuclear deterrence force, it has a nuclear defense force. Obviously they won't start a war with Russia, but they can and would escalate it. Save the NWO stuff for Alex Jones.

This time it isn't a joke. You guys have no idea how your world is going to turn upside down over the next several years.

I hope you realize Russia's economy is threatened by the collapsing oil prices and global downturn. The only way Putin can maintain his 80% public approval rating is to keep escalating. And the powers-that-be are happy to oblige this.

Europe also needs a war when their economies implode (coming soon).
Quote from: Alex Jones
They want to KILL you!

Do you understand?

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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December 01, 2014, 12:41:50 PM
Last edit: December 01, 2014, 12:52:33 PM by UnunoctiumTesticles
 #133

I broadly agree that all gov's are power crazed organisations and truly capable of the most dangerous of actions.

However, if the USA were to close the internet backbones, it would leave them without the ability to snoop and spy on the rest of the planet and thus be isolated. They are then, in effect, in a similar same catch 22 situation as those they would seek to control.

Astute point. I agree the powers-that-be will prefer compliance, but in the absence of compliance they can use war. By definition, non-compliance means they also lose their ability to snoop.

Agreed! In fact, Zbigniew Brzezinski has said "Populist Awakening" is possibly derailing the move towards a new world order controlled by the technocrats and elite.

However, you would be very naive to think that the global elite didn't anticipate this and didn't already have a plan of action. Brzezinski has hinted at their plan (which is obvious to me). Key on this phrase, "it is easier to kill a million".

Another option is blocking non-compliant traffic on the backbones. Thus they can force compliance domestically because the mainstream economy doesn't want to be impacted by the rogue cowboys and will agree to weed them out.

One of the impetus for making a better Tor now is to make is popular asap, so that it is more difficult to filter it without impacting the mainstream. But we may already be too late.

Generally speaking the masses are against the political corruption, not against an identification card and showing it when asked. So the powers-that-be only need to vilify some figure heads and get the masses focused on that, while getting them to join Bitcoin via Paypal or some other compliant service provider.

Again the rogue cowboys will be shut off from the mainstream as usual. For those nations that decide to go rogue en mass, the powers-that-be can turn their country into a chaotic shit hole with war. And they can even in some cases get that country to fight itself, e.g. Ukraine. There are deep divisions in the USA so it won't be difficult to get the USA to fight itself as the economy turns down hard.

The HUGE burden of finding resources to carry out all this monitoring and enforcement shouldn't be underestimated as they'd be confronting people by the millions (billions?).

The black budget of stolen funds is on the order of $5+ trillion, which Donald Rumsfeld admitting on TV the day before 9/11 (then all the records were destroyed at the Pentagon the next day). The DEEP STATE is already in possession of this money.

Besides they will charge the costs to public, by confiscating (ahem taxing) wealth, including Bitcoins. And they earn money by selling weapons and giving loans to both sides of any conflict.

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December 01, 2014, 12:49:47 PM
 #134

I still have no idea, what are talking about, when you say "turvarya, are you not aware of all the seizures of cash and gold of Europeans crossing borders?". There are limits of how many cash your are allowed to bring over a border. If you bring more, it get seized.

Oh I see that seizure of money and capital controls are not evidence of USA style authoritarianism which you claimed doesn't exist in your nirvana.
Do make one thing clear:
I am not generally against governments enforcing laws. Also when it comes to people who want to avoid paying taxes. There is nothing "USA style authoritarianism" about that. I was asking for examples, where someone with some common sense of law, would say it was not ok, to seize that money.

Quote
You are raffling random stuff...

Information is noise to those who can't do addition or who are willfully vested in ignoring information.

You pretend to be dumb.
You didn't provide any information to my questions. So there is nothing to ignore, it is just not there.

https://forum.bitcoin.com/
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UnunoctiumTesticles (OP)
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December 01, 2014, 01:00:04 PM
 #135

I still have no idea, what are talking about, when you say "turvarya, are you not aware of all the seizures of cash and gold of Europeans crossing borders?". There are limits of how many cash your are allowed to bring over a border. If you bring more, it get seized.

Oh I see that seizure of money and capital controls are not evidence of USA style authoritarianism which you claimed doesn't exist in your nirvana.
Do make one thing clear:
I am not generally against governments enforcing laws. Also when it comes to people who want to avoid paying taxes. There is nothing "USA style authoritarianism" about that. I was asking for examples, where someone with some common sense of law, would say it was not ok, to seize that money.

Quote
You are raffling random stuff...

Information is noise to those who can't do addition or who are willfully vested in ignoring information.

You pretend to be dumb.
You didn't provide any information to my questions. So there is nothing to ignore, it is just not there.

So there is your answer. You think tax and spend (at 60% of GDP) is sustainable. You think capital controls are freedom.

So you embrace an authoritarian megadeath outcome. I know you don't realize it always results in that outcome, and that is because you are European and you guys repeat the same outcome over and over throughout history.

The American situation is very "in your face" obvious because there is a still a lot of resistance to the concept (even though many people like the government handouts, they still believe they should have freedom too). In Europe there is no conceptual resistance. They believe in giving up freedoms in order to have a better collective order. So the outcome will be as easy as a hot knife through warm butter over there. I doubt you all be able to put up any resistance to the European Commission edicts which are in the back pocket of the USA.

Or if you do finally put up a resistance, that is when you will see the boots come out. But it won't take much as nobody owns a gun over there. You will be pushing on barricades, throwing stones and lighting fires as they do in Greece and Spain, but still the edicts are made.

The easiest way is to fool you into believing you won. Get you all to join Bitcoin with compliance on identification for taxation. So then you feel you won, even though you lost.
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December 01, 2014, 01:07:47 PM
 #136


Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
turvarya
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December 01, 2014, 01:13:12 PM
 #137

I still have no idea, what are talking about, when you say "turvarya, are you not aware of all the seizures of cash and gold of Europeans crossing borders?". There are limits of how many cash your are allowed to bring over a border. If you bring more, it get seized.

Oh I see that seizure of money and capital controls are not evidence of USA style authoritarianism which you claimed doesn't exist in your nirvana.
Do make one thing clear:
I am not generally against governments enforcing laws. Also when it comes to people who want to avoid paying taxes. There is nothing "USA style authoritarianism" about that. I was asking for examples, where someone with some common sense of law, would say it was not ok, to seize that money.

Quote
You are raffling random stuff...

Information is noise to those who can't do addition or who are willfully vested in ignoring information.

You pretend to be dumb.
You didn't provide any information to my questions. So there is nothing to ignore, it is just not there.

So there is your answer. You think tax and spend (at 60% of GDP) is sustainable. You think capital controls are freedom.

So you embrace an authoritarian megadeath outcome. I know you don't realize it always results in that outcome, and that is because you are European and you guys repeat the same outcome over and over throughout history.

The American situation is very "in your face" obvious because there is a still a lot of resistance to the concept (even though many people like the government handouts, they still believe they should have freedom too). In Europe there is no conceptual resistance. They believe in giving up freedoms in order to have a better collective order. So the outcome will be as easy as a hot knife through warm butter over there. I doubt you all be able to put up any resistance to the European Commission edicts which are in the back pocket of the USA.

Or if you do finally put up a resistance, that is when you will see the boots come out. But it won't take much as nobody owns a gun over there.
And again, you just show, that you just don't know anything about the EU. There is a lot of resistance here against EU-edicts, especially when it is about commercial agreement regarding the USA.
Currently we are fighting TTIP.

https://forum.bitcoin.com/
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December 01, 2014, 01:14:40 PM
 #138

turvarya,

You do realize that decentralization and the European social model (tax and redistribute) are incongruent?

Do you think the mainstream will give up their beloved social model to prevent an edict to use only approved AML compliant Bitcoin service providers? They will choose to destroy their tax collections?

 Roll Eyes

Even Switzerland voted 74% against a 20% gold backed money in a referendum this week. The EU demographics are old and old people want their government guaranteed retirements.
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December 01, 2014, 01:19:45 PM
 #139

turvarya,

You do realize that decentralization and the European social model (tax and redistribute) are incongruent?
A decentralized currency(!) and the European social model are not incongruent?
There are not just this two extrems: Either everything is decentralized or everything is centralized.
There is also not just that outcome, that Bitcoin succeed and every fiat disappears or Bitcoin disappears.

If your imagination is just limited to think of 2 possibilities, than I finally understand, what your big problem is.

https://forum.bitcoin.com/
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December 01, 2014, 01:21:38 PM
 #140

Okay cbeast we get your point. You think I am a delusional maniac in the mold of Alex Jones Massacre.

Perhaps you can try to refute my point about Europe.
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