Let's put it like this. You don't wanna pay tax on BTC but you want police to protect your rights ( police and government ) if someone steals them from you?
It's not about me. Humanity expects police to do their job(protect civilians rights) while at the same time they don't want to be robbed of their property NOR the value of that property.
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Re: Good luck banning Bitcoin/CC's! It's now or never!
You could contribute alot more if you were alive if you ask me.
Then you don't know me
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Re: what are the chances for a democratic revolution in china
by
NationOwnedCCNow
on 29/04/2014, 15:19:57 UTC
Will you change history now just because you have more time on Your hands to copy n paste a ton of shit? No. Will you convince me? No. Will others be convinced? I really don't care and no, I don't think so.
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Re: what are the chances for a democratic revolution in china
What "freedoms" are you talking about? What freedoms does an american have that a chinese doesn't? They can both move wherever they want. Walk wherever they want. Sure, they cannot TALK how they want but that is easy to understand how it got to be like that. Any country on Earth that has been open for western(English then American) influence has ended up With a puppet regime. Including EVERY EU country.
Ahahahahahahahahaha.... I love when people post shit like this. Dude you have no idea what living in a repressed country is like. I'm not knocking the Chinese, they have their own way of doing things. But to imply that they have the same level of personal freedom as Americans is patently absurd.
And you actually have it backwards about the puppet regimes - it was the countries that tried to stay closed off to the rest of the world, that got puppets installed. China is the perfect example of this, they tried to keep closed to the outside world, which led to them getting behind technologically (after having been very advanced for a long period.) Then England came and China wasn't interested in opening up to free trade and such with them, and boom they got invaded by an advanced army and more or less colonized for a period of time.
And why wouldn't they want to have a free-trade agreement? Hmm.. someone should wiki Opium Wars.
btw, rest of Your post is retarded.
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Re: What will be the narrative during the next boom cycle?
by
NationOwnedCCNow
on 28/04/2014, 23:47:12 UTC
2 Words: FIAT FLIGHT
From any of the 20-50 economically disastrous countries.
+ Speculators and big biuissiness from both west and east + Corrupt millionares hiding their dough + Middleclass who doesn't want their "half ok" fiat to be reduced by half
Bitcoin will be 10,000+ Most community-supported alts will skyrocket 10x more
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Re: what are the chances for a democratic revolution in china
i see the point about Confucianism teaching people to be obedient to authority. but wouldn't the internet change the perspectives of at least the urban Chinese (you know, the one's who have internet)? i mean, these people are not cut out from the outside world like the older generations were, they see how people live in other countries where freedom is abundant (well at least when compared with China). is there really no chance these people will gang up on their dictators? with the sheer amount of people they have they could simply march on Beijing and throw those communist party tyrants from their collars into a jail cell.
What "freedoms" are you talking about? What freedoms does an american have that a chinese doesn't? They can both move wherever they want. Walk wherever they want. Sure, they cannot TALK how they want but that is easy to understand how it got to be like that. Any country on Earth that has been open for western(English then American) influence has ended up With a puppet regime. Including EVERY EU country.
Bitcoin and Cryptocurrency is perfectly compatible with the original meaning of the word "Socialism", which means workers to be in control of the means of production.
Big centralized welfare states always collapse sooner or later with or without Bitcoin because they're fragile, as opposed to a society of decentralization and self-organisation, of single entrepreneurs and worker collectives, which would be antifragile.
Yes, but not a socialist economy. The Whole idea is built upon this:
Unemployed/sick People get wellfare
Unemployed spend this Money in the economy
State and big Finance gets back a huge % of the spent Money
Unemployed can get wellfare again
With Cryptocurrencies:
Unemployed gets wellfare
Unemployed don't want to Waste Money on taxes and bank fees so he puts it into Bitcoin
State gets 0
Unemployed gets wellfare, on the full expense of the state
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Re: KARHU BEGONE! Now is the age of the BULL! Taurus Zodiac have come upon us!
They shouldn't be predicting sht man, they should be upheaving curses, bans and stuff. Make stuff move
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Re: KARHU BEGONE! Now is the age of the BULL! Taurus Zodiac have come upon us!
by
NationOwnedCCNow
on 28/04/2014, 18:12:53 UTC
The great TAURUS have put his left horn in the ass of AUR! Congratulations to me, and all others who had faith in the vikings of Iceland!
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Re: Coins To take seriously:
by
NationOwnedCCNow
on 28/04/2014, 18:07:21 UTC
Anyone who doubted Aurora coin can check their Exchange and see a 100%+ 24h change! Go Iceland!
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Topic OP
Socialism and Cryptocurrency
by
NationOwnedCCNow
on 28/04/2014, 15:51:19 UTC
Is it not inevitable that cryptocurrencies will doom all socialist states to certain collapse? What happens when social wellfare takers and poor People realize they can stop paying off their debts and buy cryptocurrency for all their Fiat? When the light goes up for more and more People that the crash is around the corner everyone will rush to CC's and stop caring about fiat-debts.
Since the price is currently $440 this represents a 22.72 x return over 3 years or approx. 283% per annum. This tells me the market thinks there is a very very small chance of this event occurring - if it was probable the price would be a lot higher already.
I think not.
Next rise is just around the corner, and it will hit 5k or more.
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Re: KARHU BEGONE! Now is the age of the BULL! Taurus Zodiac have come upon us!
by
NationOwnedCCNow
on 28/04/2014, 11:30:40 UTC
Hum, hum hum, Karhu begone Your time is up, hum, hum hum, be gone you fat bear, hum, hum hum, here comes the age of TAURUS
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Re: KARHU BEGONE! Now is the age of the BULL! Taurus Zodiac have come upon us!
I read most of the thread Jr65 started with the inflammatory subject and decided to plagiarize it. I will not post a single block of text but apologies in advance for grammar and typos.
Bitcoin was intended to be decentralized and peer-to-peer.
Mining is no longer decentralized or peer-to-peer. Individuals for the most part are done. From here on in it will consolidate more and more with fewer and fewer players backed by big investors (Private Equity, Hedge funds, Banks)
Scalability of bitcoin seems dubious and there does not appear to be a robust development plan to re-architect fundamental issues with the protocol. Just patches and fixes. Blockchain is currently 16.5 GB in size and will easily be 50 GB within a year. http://stormcloudsgathering.com/bitcoin-what-youre-not-being-told
Businesses are uneasy about adopting bitcoin because it is too unpredictable and unstable. May go up or down hundreds of dollars in a moments notice.
Over the past 6 months Ive noticed very tight computer driven arbitrage happening between Bitstamp, BTC-e, and Huobi. The total market cap and daily volume is nowhere near big enough to resist manipulation. Since its not government backed or regulated, well the best of the best are free to manipulate it as much as possible. I can only imagine how the different camps manipulating it are battling it out.
Russia, China, and other corrupt authoritarian/totalitarian governments will likely stifle anything that challenges their control of banking and the flow of money within their countries. Only those in the inner circle are allowed to launder...
There are 650,000 stolen bitcoins out there that are likely being sold off on a regular basis providing steady downward pressure.
Bitcoin end is nigh
Disclosure, I completely got out of bitcoin back in January. Dont plan to re-enter. Providing my perspective for others to consider. Im sure long term holders will say good riddance, more cheap coins for us, and HODL! Id encourage anyone who is digging in harder and harder to really step back and take stock of the overall situation.
I got in because I loved the concept of bitcoin and recognized the inevitability of it. A digital nongovernmental peer-to-peer currency will happen. I just dont think bitcoin will be it. Many have pointed out its likely to be a footnote like Napster is to music distribution. I agree.
You give up too easy.
He could use skills like this to strengthen his heart and confidence in his own abilities.
Re: Is the West gearing up to invade Russia once again?
by
NationOwnedCCNow
on 25/04/2014, 17:36:17 UTC
They have been trying really hard to get the People of the west on their side, but so far failed. They need a false-flag or a really dumb move by RUssia. And I don't think Russia will make a dumb move so what's left is a ff.
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Re: KARHU BEGONE! Now is the age of the BULL! Taurus Zodiac have come upon us!
Who cares if it becomes 50gb? This question is ofcourse one of the major dangers but listen:
50gb means SAFETY. Nobody can steal that wallet from Your PC.
50gb is about 10% of a normal or even small harddrive
And when it becomes 500 gb, who cares? By then we will use Exchanges and apps in another way, we dont have to hold that 500gb on Our pc anymore all we need is for a Companies/banks server to do it for us while maintaining Our Security logging in.