Topic: Economic Devastation - page 24. (Read 504782 times)

ftfy

The U.K. will not leave the EU. All you socialist retards/chattel are going down the toilet together. Enjoy.

You and Armstrong are both wrong on the future of BitCON:

https://bitcointalksearch.org/topic/m.14854131

As for the price action I predicted, stay tuned...


It is not clear if it will destroyed or merely turned into a tool to confiscate wealth, and a better Paypal for the masses. My bet is the totalitarian variant of the future. Click the link above to find out why. Men need a tyrant.

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I see even an oligarchy controlled Bitcoin as better than Paypal, because:

1. Bitcoin is a global politik; and thus even the Chinese mining oligarchy (cum banksters pulling the strings behind the curtain) can't do anything which isn't politically correct globally.

2. Thus Bitcoin will retain many attributes that Paypal as a corporate offering can't provide such as inability to deny any person in any account equal opportunity to access, inability to enforce holdbacks, block certain industries, and other arbitrary shit Paypal does which make my head want to explode. Bitcoin is a trojan horse launched by the global elite to subvert any localized attempt to block/control the shift to digital currency.

3. Thus I predict enormous adoption for Bitcoin, but just remember it will be owned and controlled by the global elite (aka the banksters). And the global socialism will enforce a global confiscation/expropriation of those with wealth, in the coming years. It will be a bittersweet success.

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For the moment Bitcoin is only a gambler's paradise, but the conversion to instant microtransactions is the key to launching it into mass adoption.

That is why the block chain size debate has been so contentious, because it is a battle over who (Chinese mining cartel + Blockstream, all controlled behind the curtain by the banksters) owns Bitcoin as it is scaled out.


Agreed, but they didn't create Bitcoin as the primary escape hatch from fiat collapse (which will instead be the one world currency reserve unit basket), but rather because they want to subvert any one nation's control over the digitalization of currency. They don't want a bastardized fragmentation of the digitalized commerce world. That is all good. The bad part is they control the global politik, and thus they control Bitcoin. They can easily incorporate capital controls and expropriation into the politics of regulation of Bitcoin and then they can easily implement it since they are funding and arranging the Chinese mining cartel and Blockstream's $74 million funding.

Edit: my take on the opportunities ahead:

https://bitcointalksearch.org/topic/m.14855669

YOu still forget the  P2P internet jobs. I belive that will be the future.

When billions of peopl will flood the internet searching for internet based jobs, then the internet economy will really kickstart.

Which may be beneficial for bitcoin too, since the bitcoin based jobs will be the most frictionless.

Go to https://www.reddit.com/r/Jobs4bitcoins and see that it's already growing

The Devastation that man wrecks on himself (in short society is a power vacuum that requires a strong tyrant to beat the men into not defecting from the good of society):



Stealing (scams, oligarchy, etc) is not the exception, rather it is the norm of human nature. Always will be.

The Lord warned us that this is the nature of man.

Don't forget the Iron Law of Political Economics.

It is quite pervasive:

The corals typically return to normal after 6 months when they find new algae partners.

The propagandists would love to herd the population into the city & lock everyone out of the reefs and tell you they are dead, and they are slowly achieving this.

Aussies have basically been locked out of national parks, locking up the beaches as Marine parks is not far fetched nor far away from happening.

Blaming man for this seasonal phenomena is rediculous.

Doesnt Australia have a problem with coral reefs turning all white due to fairly small changes in sea temperature but are a significant shift from the long term and will basically do irreversible damage
Im not sure how much of that is real, or a story to support the idea of global warming or possibly just a normal shift that occurs over centuries. 

The economic impact of that damage would be to tourism of course, possibly some fishing

Yes Aussies suffer from the same mental illness that plagues the rest of the west, maybe to a lesser degree than Americans.

The bigger problem here, like the U.K is an addiction to nanny statism.

They do have problems with this policy.   The gender imbalance but also the working population of China is falling now, in short this means they no longer have the cheapest labour force.   They got natural inflation as workers can demand more for their labour or at least choose the more favourable jobs available.    Since China is still quite backwards in some parts, this is some challenge for them to overcome.  They cant just throw massive resources at a task but must find an efficient solution like most western countries.  

Its going to alter their currency peg to dollar eventually I think, maybe even that export bias in their economy as its naturally smarter for them to import some low grade items from Vietnam perhaps or other cheaper labour countries.  China with its now declining labour force, especially those of good education (they arent really first world entirely afaik) must be directed to the best jobs and best use. I think it implies a proper economy is now needed by China, with correct trading even.  

In turn China could upset USA dollar debt being so excessively supported by outside countries.  Im already wondering what happens with Japan, similar kind of decline but obviously Japan is very much more advanced to technology and using foreign labour and foreign factories

trollerc

I am afraid that you are correct.  

There is so much BS in environmentalism (and other New-Age-Lefty crap) that it is hard to even find, much less pass along, the truth.  Where I am it is normally quite hot in early May.  Not this year!  It's much cooler than normal.  Why?  After-effects of El Niño...


Has Oz gotten the Transgender Bathroom Epidemic yet?  A new low...

Craig Wright? How the hell is that scammer going to control anything?

Don't we all hope Xi Jinping, Putin, Merkel, Hellary, Craig Wright, Theymos, copy-leftist Gregory Maxwell, and globalist-ideologue Julian Assange control our future:

The kids in the west have already been groomed to accept these invasive policies by the new religion of environmentalism.

Hmm!  And I have read other pieces that China was slacking off its hard-line policy of one child.  Their one child policy has led to a weird demographic problem there: estimates of 30,000,000 - 100,000,000 more males (than women) in the cohort of child-bearing years there in China.

Good find.   
 
Socialism leads to so many other distortions too, and the end point is totalitarianism.

Coming soon to a socialist paradise near you.

Family Planning Police Screen Women Four Times a Year for Pregnancy
http://www.breitbart.com/national-security/2016/05/07/chinas-family-planning-police-screen-women-four-times-year-pregnancy/


When you make redistribution a natural right and pay for such redistribution with an unsustainable economic system you eventually reach the point where promised handouts cannot be paid. At that point the path if least resistance is population controls and reproductive restrictions. It is likely a matter of when not if such measures are introduced in the west.

Radical transformation of the computing industry underway:

https://bitcointalksearch.org/topic/m.14737773

I was being sarcastic.. yes id like to see you do something now that will benefit mankind not call people out on every point on some random forum

Why do you assume my point was about altruism   Maybe I am just pointing out that I am more important than you belittle me.

How altruistic you are anonymint! Yes so jealous

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