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Showing 20 of 49 results by TomHartburg
If I have 4 apples, I have 4 apples.
If I have 4 apples, each in halves, I have 4 apples.
If I have 4 apples, each in thirds, I have 4 apples.
If I have 4 apples....
You have taken a logical fallacy and based your entire criticism on it.
1/2=0.5
1/2≠2
Go learn maths, and logic, and manners.
If I have 4 apples, each in halves, I have 4 apples.
If I have 4 apples, each in thirds, I have 4 apples.
If I have 4 apples....
You have taken a logical fallacy and based your entire criticism on it.
1/2=0.5
1/2≠2
Go learn maths, and logic, and manners.
Re: Is it time for Bitcoin to bite back against clonecoins and scamcoins?
Personally, no, I think free markets are bullshit, precisely because of the consolidation of wealth and power that capitalism produces. The top 10 bitcoin addresses, as of 06/20/2012, controlled 4% of ALL (as in all 21million) bitcoins, according to forbes.
http://www.forbes.com/sites/jonmatonis/2012/06/22/the-bitcoin-richest-accumulating-large-balances/
http://www.forbes.com/sites/jonmatonis/2012/06/22/the-bitcoin-richest-accumulating-large-balances/
Re: Is it time for Bitcoin to bite back against clonecoins and scamcoins?
This looks strangely like the beginnings of centralisation to me.
People who have a lot invested in Bitcoins are concerned that other coins will damage the market, and as such wish to take action against it. Whether that is through "educating" the public on the "risks" of altcoins, or through 51 % attacks or destabilising through pump and dump schemes, this is an example of people clubbing together in order to act to protect their interests in the market place (Oh, Hello proto-state, when did you get here?!).
If you believe in the free market, or libertarianism, or "anarcho-capitalism", then surely you'd accept the market will select the best coin and run with it, be it bitcoin, litecoin, whatevercoin.
Just because you have an investment in bitcoin doesn't make it the best coin, hell, just because bitcoin is the best coin doesn't mean it will be the winning coin, look at Microsoft ffs.
But then of course, that won't happen, because you have the resources from your bitcoin investments which allow you to collectively dictate and control the market. Oh look at the dream of decentralised capitalism sail off over the horizon of obvious.
*Awaits huge shit storm of abuse*
People who have a lot invested in Bitcoins are concerned that other coins will damage the market, and as such wish to take action against it. Whether that is through "educating" the public on the "risks" of altcoins, or through 51 % attacks or destabilising through pump and dump schemes, this is an example of people clubbing together in order to act to protect their interests in the market place (Oh, Hello proto-state, when did you get here?!).
If you believe in the free market, or libertarianism, or "anarcho-capitalism", then surely you'd accept the market will select the best coin and run with it, be it bitcoin, litecoin, whatevercoin.
Just because you have an investment in bitcoin doesn't make it the best coin, hell, just because bitcoin is the best coin doesn't mean it will be the winning coin, look at Microsoft ffs.
But then of course, that won't happen, because you have the resources from your bitcoin investments which allow you to collectively dictate and control the market. Oh look at the dream of decentralised capitalism sail off over the horizon of obvious.
*Awaits huge shit storm of abuse*
