Topic: Economics of greed - page 2. (Read 5752 times)

Yes, attacking virtue and degrading it should touch everyones nerves, so I sure hit my spot.

This is not a new converstation with statists, they always some up with the same question - and always imply the same thing. That people who think that productivity is something good actually want humans to be robotesque units in a technologial dystopi. If that is not what you meant - you'd be the first.

Nope. All creation requires productivity.

No, I'm just highly unimpressed by people who use cheap words that sound great but create horrible situations. Intentions are as useful as dirt, only results matter. Would you go to a doctor that worn the most beatiful dresses and talked of creating a glourious utopia and yet performed surgery with a wooden spoon? Sure, the doctor probably had good intentions, but the patient died.

It's highy valuable. (Good) Physicians produce good health. Cookies taste good and I stay fit thank you very much.

It could be a guard, denying passage to camels. Like no pets allowed within

Difficult, but not impossible. I guess these small gates were created to make it possible for the daily life to go on, but they still protect against hundreds of alien soldiers to enter.

I don't know the implications for bitcoin.

So does this mean that its actually quite easy for a camel to get through the "eye of the needle" then ?

Because if it does, what was JC talking about ? - I mean, if its actually easy for a camel to climb through the eye of a needle (as pictured above) then his whole statement doesn't make much sense does it ?

     Or did he mean that its pretty easy for a rich man to enter the Kingdom of Heaven ? (but even then, his whole sentence/utterence/statement wouldn't have been very well structured in order to have conveyed that meaning  ).

 That would certainly not seem to be his meaning, given the context from which the statement was taken - and given also JC's views on material posessions being counterproductive to achieving spiritual enlightenment, which he emphatically and unequivocally makes very clear throughout the gospels.

    No - if you ask me he's saying that a rich man has about as much chance of entering the Kingdom of Heaven as I have of bedding Juliette Binoche. Simple as that  .

   However, I'm not a theologian or Biblical scholar, so I could be wrong here.

Yes - someone also said  "What you do unto the least of my brethren, you do also unto me"

Same bloke also said " Its easier for a camel to climb through the eye of a needle than it is for a rich man to enter the Kingdom of Heaven"

He didn't say anything about the benefits to society of greed - or the individuals regard of their own self interest (as far as I am aware) being some kind of moral prerequisite to entry to the Kingdom of God.

In fact, while we are on the subject - when Jesus Christ refused to sell out to Pilate and so gave himself up to the inevitability of his own death - was he acting with regard to his own self interest ?

  Was Jesus Christ greedy ?

do u know that some buddhists believe that the intestine is our second brain ... and indeed ( non holistic view) after the brain is the 2nd place holds much neurons ( http://en.wikipedia.org/wiki/Enteric_nervous_system )
 

From an arsehole?

where does shit come from ?

How is that argument shit?

That argument is shit.

Did I touch a nerve here?

The word "just" as in "no more than". Sure, I've reason to believe you, greedy cookie-monster, reduce mankind to "just" production units. It is completely on your own account that you assign the word "just" to "horrible" and "boring".

Moreover you confuse the meaning of the word "production" with something beautiful as "creation".

On top of that, you seem very afraid of people getting something for free, or in exchange for sharing insightful thoughts and intentions for a change to create a better world.

Let me ask you a very simple question. What's the value of your health? Any idea what a physician produce? Now, eat your cookies, and stay fit.

It doesn't matter. The source-code is all that matters, and it's open for everyone to view. What in it is it you dislike?

I'm in here for quite a while, both in this forum and this planet so I got the chance to study some persons, including myself. I have studied the behavior, beliefs and needs both in pleasant and unpleasant situations. And I have found out that we're ultimately driven by greed. And that's very difficult to control.

Now, to be short. My issue is that greed wasn't in the bitcoin ecosystem from the begging. No. First people here, the early adopters (including CPU miners), we're regular people, most of them with no significant wealth. They, we, were here because wanted and needed a change, needed freedom. At those times people would trade 10,000 BTC for a pizza and be happy. But now, things have changed, most early adopters are now rich and they are rich even if they have been scammed for some, lost some while speculating or spent some. They are rich because this thing, greed, came into this system and new people wanted also to be part of this new thing. This made price to go up, and while it goes up, the very early and early users are now filthy rich.

But things don't stop here... The first ones or the ones that had lots of fiat and were able to buy thousands, are now the most richest 500 owners, controlling about 35% of all bitcoins. Let's leave the ones that bought many coins just recently, they were already rich. Let's focus on the first ones, the ones that "traded" in the single digits, the early adopters and miners. Most of them have been corrupted in such way they forgot that they found about bitcoin because of passion and desire for better and not for money, they forgot that they were poor (or at least not wealthy) when they started. And the problem with that, is that we have lost good men in favor of speculative business and fade businesses that bring nothing in the world, but only take.

And now, new people, driven out of greed, hope prices of 10,000 dollars this year, because they own a few coins and thus would have more dollars. But, think of the few-tens-of-thousands owners. They'll be even richer but without any direction, because most of their wealth is won not worked. They now started businesses (exchanges, precious metals, shops) to gather more wealth. Some of them got into mind-twisting schemes, taking advantage from other people, manipulating markets and doing such maneuvers.

I'm not being philosophical about the taste of the bread you worked in the mine for but I'm trying to point out that with great power, really comes great responsibility. And not the responsibility of feeding children of Africa but the responsibility of not feeding your ego.

In the end, my opinion is that wealth distribution in this ecosystem is too concentrated in a few hands and needs more dispersion before we move to higher levels. We need a solid economy, based on goods and services and not on speculation. Speculation is pure greed and brings nothing.

What do you mean - just production units? That's just rhetoric to try and make one of the finest human virtues sound like something boring and horrible.
"Oh, they bring wonderful inventions, trying making the world abundant in food, technology and art whilst fulfilling themselvs - what horrible prodution units"

[
JC isn't real.


This really inpoints the communist viewpoints to it's core.