I do have an agenda - what is yours?

[Possum577]

To get people to realize we are not slaves to the government but creators of it. If we sit back and let things happen the few and the powerful will do whatever they want. If we rise up and voice our will (peacefully) we will be able to shape the world we want to live in...with more equality (where equality is due) and more freedom.

[waterpile]

mine? Like the most of the people are here for to earn and try to be rich through the use of bitcoin.

[manselr]

mine? Like the most of the people are here for to earn and try to be rich through the use of bitcoin.

Yeah, that would sum up 99.99% of people. Wanting to be rich doesn't necessarly mean one doesn't care about Bitcoin as an interesting pieceo of technology and the philosophic ramifications that the technology has on society. In fact, unless you don't deeply understand these, you'll never make it because you'll not hold long enough.

[onemorexmr]

mine? Like the most of the people are here for to earn and try to be rich through the use of bitcoin.

Yeah, that would sum up 99.99% of people. Wanting to be rich doesn't necessarly mean one doesn't care about Bitcoin as an interesting pieceo of technology and the philosophic ramifications that the technology has on society. In fact, unless you don't deeply understand these, you'll never make it because you'll not hold long enough.

+1 i have invested in bitcoin (and monero lately) because they fit my believes.
i also believe i can make money with them: but if not...well so be it... my main intention is to support a movement i believe in.

[B.A.S.]

I am here because BTC stands a chance of updating the archaic banking system of today and I'd like to profit if it becomes integrated into the way my country's (US) financials are undergone. I have no interest in how this technology might represent my ideological beliefs. It's adapt or be left behind.

[onemorexmr]

my definition of sound money:
 - fixed supply / rules known by all participants
 - no interest
 - small or no inflation

Never inflation cannot be achieved with a fixed supply.  Only no long run inflation can.

Interest can only be produced by debt.  Without debt, households and businesses would be far smaller.

interest was referring to some of the pos altcoins - there you get interest without debt. if someone lends out btc and gets interest for it i think its fine - he takes a risk and gets a reward. but not just for holding them yourself.

you are right: fixed supply and small inflation does not go together. i was referring to monero which has planned a small tail-emission of about 1xmr/block to keep miners mining. IMHO this is a good idea (please judge for yourself)

imho "rules known by all participants" is the more important part. i wont accept any changes to the social contract of a coin (eg if bitcoin changes reward scheme they'll never see me again)

[desertfox470]

Sound money to me is exactly what you mentioned. I feel that btc has most of those things except for a stable price. I think that is the biggest thing that holds btc back. While I understand why the btc price is able to change, and that it is important to change since it is not relying on fiat. I feel that is the biggest thing holding btc back.

[onemorexmr]

Sound money to me is exactly what you mentioned. I feel that btc has most of those things except for a stable price. I think that is the biggest thing that holds btc back. While I understand why the btc price is able to change, and that it is important to change since it is not relying on fiat. I feel that is the biggest thing holding btc back.

price is not a concern for me, but you are right: whenever i try to bring friends to btc i hear that argument (some i have convinced).

we need more adoption to get a stable price and a stable price will get more adoption

[desertfox470]

Sound money to me is exactly what you mentioned. I feel that btc has most of those things except for a stable price. I think that is the biggest thing that holds btc back. While I understand why the btc price is able to change, and that it is important to change since it is not relying on fiat. I feel that is the biggest thing holding btc back.

price is not a concern for me, but you are right: whenever i try to bring friends to btc i hear that argument (some i have convinced).

we need more adoption to get a stable price and a stable price will get more adoption

Whenever I try to tell friends about bitcoins I hear almost all the time "but the price is not stable" that is why I think that is one of the biggest things holding btc from being sound money.

[ajareselde]

I am not one of those who pretend to want everything to be milk and honey for everyone, in society there has to be differences for the system to operate.
But with time those borders between the rich and poor got too big, more and more money is on the rich side while the poor people get larger in numbers, and
our current system is what made all that possible.

Thats why i am here, i dont want any more rules that benefit the rich only, i want to be free to trade with anyone i want around the world, and i want to be one
of the people that had the honor to be in the very begining of the financial revolution.
If that brings me benefits along the way, great, if not, i still wont regret it, being a part of it will be enough also.
Thats my agenda. Enough was enough.

cheers

[onemorexmr]

Sound money to me is exactly what you mentioned. I feel that btc has most of those things except for a stable price. I think that is the biggest thing that holds btc back. While I understand why the btc price is able to change, and that it is important to change since it is not relying on fiat. I feel that is the biggest thing holding btc back.

price is not a concern for me, but you are right: whenever i try to bring friends to btc i hear that argument (some i have convinced).

we need more adoption to get a stable price and a stable price will get more adoption

Whenever I try to tell friends about bitcoins I hear almost all the time "but the price is not stable" that is why I think that is one of the biggest things holding btc from being sound money.

bitcoin is just not there yet.
sound money needs more users than our 250k (that was the last number i heard)

if just anybody who regularly trades between countries uses btc it will be stable. imho its just a matter of time.

[cutesakura]

to be honest I am here to fill my spare time, I used the spare Waku order to be useful, so I can get information and money at the same time, frankly by following these forums I get a lot of information, and I can give constructive opinion in this forum
I hope this forum can be developed further, so that more and more members are active in this forum ...

[onemorexmr]

Would you prefer a pro rata adjustment to all accounts so long as it was disclosed that that's how supply would be managed to maintain price stability?

i don't think any adjustment is needed.

if the value of btc is high enough and enough people are involved (i don't know whats "enough" tough) i expect price fluctuations to be comparable to other currency pairs.

if people are afraid of losing value there are already financial instruments to reduce that risk (eg hedging). i expect that they will be used, they just need a little fine-tuning that they can be used by everybody at anytime.

if more shops accept btc a new economy develops. if some of them manage to get their supply changes completely in btc that would be a huge step.

i hope that btc will get to the point where it is used as a currency for import and export. as i see the most benefit for transactions between countries.

i do use my btc as a currency btw. i never sold for fiat, but bought stuff with them (from friends or pizza delievery) - but all of that is still priced in EUR; i am sure that will change someday.

EDIT: btw adjustment with what? i live in europe and i dont really care about USD (so m0 is not a solution to me)