What if bitcoin was PLAN B by the Goverments?

[turvarya]

Has the election campaign in the USA already started?
Or why are there so many "socialism is bad"/"Obama is a communist"/etc.-posts lately?

[runpaint]

Has the election campaign in the USA already started?
Or why are there so many "socialism is bad"/"Obama is a communist"/etc.-posts lately?

How many are there? 

The Marxist campaign started over 100 years ago, and it hasn't ended yet.  That's why there are so many "rich people (like Jews) are evil" posts, everywhere on the internet.

It's easy to blame all your problems on a small group of people, and stir up hatred based on the idea that getting rid of those people will solve all your problems.

But what are your problems, really?  What do you want?  Will you ever be satisfied with anything?  Of course not. 

By the way, why are you calling Obama a communist based on the one quote I mentioned?  Are you saying that Obama calls himself a communist?

[doubleredrolex]

Yeah maybe it was the CIA. Maybe the first million BTC mined are sitting in wallets owned by the CIA. Just waiting... If the world economy collapsed and BTC was the new gold standard... BTC might hit $10,000 or so pretty quick. Then if the govnt had a million coins.. they would be sitting pretty with a huge amount of wealth on hand. Interesting idea anyways.

[Mr. Code]

It think it is very plausible that bitcoin is a (gov) think tank product.

[turvarya]

Has the election campaign in the USA already started?
Or why are there so many "socialism is bad"/"Obama is a communist"/etc.-posts lately?

How many are there? 

The Marxist campaign started over 100 years ago, and it hasn't ended yet.  That's why there are so many "rich people (like Jews) are evil" posts, everywhere on the internet.

It's easy to blame all your problems on a small group of people, and stir up hatred based on the idea that getting rid of those people will solve all your problems.

But what are your problems, really?  What do you want?  Will you ever be satisfied with anything?  Of course not. 

By the way, why are you calling Obama a communist based on the one quote I mentioned?  Are you saying that Obama calls himself a communist?

You are really a funny guy.
On the one hand, you tell me, that I shouldn't blame a small group(which I don't recall doing) on the other hand you blame socialists for everything.

[runpaint]

Has the election campaign in the USA already started?
Or why are there so many "socialism is bad"/"Obama is a communist"/etc.-posts lately?

How many are there? 

The Marxist campaign started over 100 years ago, and it hasn't ended yet.  That's why there are so many "rich people (like Jews) are evil" posts, everywhere on the internet.

It's easy to blame all your problems on a small group of people, and stir up hatred based on the idea that getting rid of those people will solve all your problems.

But what are your problems, really?  What do you want?  Will you ever be satisfied with anything?  Of course not. 

By the way, why are you calling Obama a communist based on the one quote I mentioned?  Are you saying that Obama calls himself a communist?

You are really a funny guy.
On the one hand, you tell me, that I shouldn't blame a small group(which I don't recall doing) on the other hand you blame socialists for everything.

So you can't even answer "What are your problems" or "What do you want".  Instead you say "posts on the internet" are "everything". 

[turvarya]

Has the election campaign in the USA already started?
Or why are there so many "socialism is bad"/"Obama is a communist"/etc.-posts lately?

How many are there? 

The Marxist campaign started over 100 years ago, and it hasn't ended yet.  That's why there are so many "rich people (like Jews) are evil" posts, everywhere on the internet.

It's easy to blame all your problems on a small group of people, and stir up hatred based on the idea that getting rid of those people will solve all your problems.

But what are your problems, really?  What do you want?  Will you ever be satisfied with anything?  Of course not. 

By the way, why are you calling Obama a communist based on the one quote I mentioned?  Are you saying that Obama calls himself a communist?

You are really a funny guy.
On the one hand, you tell me, that I shouldn't blame a small group(which I don't recall doing) on the other hand you blame socialists for everything.

So you can't even answer "What are your problems" or "What do you want".  Instead you say "posts on the internet" are "everything". 

In contrast to you, I actually read, your other posts. So, I can tell that you blame socialists for a lot of things.
What are my problems? Currently there is a blizzard(at least you would call it that in the USA) and I hope it ends, before I go home. But I don't blame jews for that.

[runpaint]

In contrast to you, I actually read, your other posts.

Actually I, did read, my other posts.

[Q7]

Yeah, why not? If only everything that we do can go perfectly according to plan but as we all know, we'll always need something as a backup in case plan A doesn't work out.

[ForexTE]

Could be...but why should a government bother with something as small as Bitcoin market cap (relative to a govt's balance sheet not yours or mine) unless it is a bankrupt banana republic ?

[HarmonLi]

Bitcoin can't give governments control over the currency, which they very likely are going to want. The only way I see Bitcoin being helpful for states would be to buy a certain amount on the (off?)-chance of it becoming big enough to tackle the regular financial systems and handle the volumes involved when states handle money.

[R2D221]

Climate change, or Global Warming?

To clear some confusion: https://www.youtube.com/watch?v=OWXoRSIxyIU

[BillyBobZorton]

Bitcoin isn't their Plan B. They would never introduce something they can't control.

Marxism, Communism, and Socialism have failed repeatedly, and have always hurt the poor and lowered the quality of life for everyone.  But despite repeated failures, they still succeed in spreading the same failed ideas on the internet.

This, the current Government systems love their Fiats it makes all the ones who they want rich and can control what they do with it, hell there's a reason there is no gold standard fiat anymore.

I don't think the goverment is involved in Bitcoin because they can't control the protocol wereas they control "the protocol" of fiat creation.

[Uncle Axetime]

Bitcoin isn't their Plan B. They would never introduce something they can't control.

Marxism, Communism, and Socialism have failed repeatedly, and have always hurt the poor and lowered the quality of life for everyone.  But despite repeated failures, they still succeed in spreading the same failed ideas on the internet.

This, the current Government systems love their Fiats it makes all the ones who they want rich and can control what they do with it, hell there's a reason there is no gold standard fiat anymore.

I don't think the goverment is involved in Bitcoin because they can't control the protocol wereas they control "the protocol" of fiat creation.

Well they are doing their pathetic best to get involved, with Gavin and his little fork, with the Ethereum scam and so on. Not much of a showing so far, but still, keep your axe sharp.

[runpaint]

Climate change, or Global Warming?

To clear some confusion: https://www.youtube.com/watch?v=OWXoRSIxyIU

I don't watch Youtube videos. 

[ticoti]

it will not be plan b because they can't control it, so they don't like it

[ChuckBuck]

Speaking of PLAN B, it could very well be an option for Greece's financial banking crisis, due it's looming "Grexit":

http://www.coindesk.com/markets-weekly-slow-week-bitcoin-price-grexit-looms/

If Greece exits the Eurozone, selects Bitcoin as their currency replacement....whoa, look out!  

[Beliathon]

The wealth is generated from the labor of the workers,

They get paid for what they generate.

Be specific. How much do they generate for the company? What percentage of that are they allowed to keep in exchange for their labor? What percentage is profit for the CEO? What percentage is profit for the shareholders? Run this analysis on the average corporate chain bottom level employee and I promise you a pattern will emerge quickly.

The employees aren't being given a fair share, not even close. And you know, the more you do this - the more time you spend examining the reality and thinking about it, the more it begins to seem like owning stocks is not so far removed from owning slaves.

By the way, I dare you to watch this: Conversations with great minds - Dr Richard Wolff part 1 and part 2. It's a professor of economics deconstructing your fear of socialism and why it exists.

Climate change, or Global Warming?

To clear some confusion: https://www.youtube.com/watch?v=OWXoRSIxyIU

I don't watch Youtube videos. 

That's adorable! Do you live on a farm?

[runpaint]

The wealth is generated from the labor of the workers,

They get paid for what they generate.

How much do they generate for the company?

Sometimes nothing, but they still get paid.  Sometimes they lose the company millions of dollars.  But they still get paid.  Because the owners of the company are slaves to the employees.

What percentage of that are they allowed to keep in exchange for their labor?

Percentage of what?  Profits?  Most employees aren't paid a percentage of profits, because they still get paid even if the company loses money.

If workers were paid a percentage of profits, then they would end up owing the company money sometimes.  Is that what you want?  For poor people to work all year for a factory, and then get paid nothing but instead owe money to the factory? 

The employees aren't being given a fair share, not even close.

They're not being given anything, they're earning money.  They obviously agreed that it was fair, because it's the amount of money they agreed to work for. 

If the employees were paid a "fair share", then they would sometimes lose money.  But that involves reality, something you're not familiar with.

 

the more it begins to seem like owning stocks is not so far removed from owning slaves.

Wal-Mart employees all have the option to own stock.  Most of them sell it immediately.  They choose to stay poor, and that is part of having freedom. 

In fact, being "poor" in America is a lot like owning slaves - you get to sit around all day eating free food, while others are forced to do all the labor to provide for you. 

By the way, I dare you to watch this: Conversations with great minds - Dr Richard Wolff part 1 and part 2. Basically here is a professor of economics deconstructing the displays you have made above.

Youtube links are great for people who don't have anything of their own to say.  But as I just said, I don't watch Youtube videos and then come back to debate you as if you're the one who made those arguments.  If I wanted to watch that video and respond to it, I would just make my own video on Youtube, and then message boards would have no content except a series of Youtube links.

[Beliathon]

Capitalism apologist 101:

Because the owners of the company are slaves to the employees.

they're earning money.  They obviously agreed that it was fair, because it's the amount of money they agreed to work for.  

Wal-Mart employees all have the option to own stock.  Most of them sell it immediately. They choose to stay poor, and that is part of having freedom.  

I think I just threw up a little in my mouth. We're done here, let's agree to disagree.