Gold collapsing. Bitcoin UP. - page 1249.

Melbustus

legendary

Activity: 1722

Merit: 1004

Quote from: justusranvier on October 29, 2013, 09:54:27 AM

Quote from: cypherdoc on October 29, 2013, 06:13:37 AM

http://m.youtube.com/watch?v=cOubCHLXT6A&desktop_uri=%2Fwatch%3Fv%3DcOubCHLXT6A

Watch this carefully.

Is it just me, or did he openly declare war on DC and everything it stands for?

Yes, he did. With a big Y-Combinator logo on the podium, mentioning bitcoin several times, and telling people to go build apps that facilitate exiting the current system.

Maybe it's just me, but it seems that stuff like this is indicative of a greater trend of people (especially tech-savvy people, obv) viewing government more as a product that requires competitive iteration and customer mobility than as some inevitable and immutable entity in and an of itself. The speaker made a great point; namely that mobile tech is not about location-based-apps, but about making location *irrelevant*.

The way that technology enables both the theoretical decentralization of services and the building of non-location-centric communities implies that traditional notions of patriotism and nationalism can become more aligned with people's natural way of life and ideology across physical boundaries. This is a big shift. Obviously philosophers have debated the nature of human interaction, ideology, and government for millenia, but technological interconnectedness really does open up a very wide range of new possibilities.

Interesting times, indeed.

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: vokain on October 29, 2013, 09:58:01 AM

accredited US investor.

In land of the free you have to be rich to become rich. Even in Finland you can invest into whatever you like.

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: oakpacific on October 29, 2013, 10:36:00 AM

Quote from: cypherdoc on October 29, 2013, 09:59:26 AM

personally, i think the Money Masters in Wall St are what corrupts Washington. this is the power of the printing press when controlled by private hands (banksters).

that is where the root of the problem lies and this is why we're here.

So I take it to mean that they are important facilitators of great human creations, much like how war industry has bettered human lives in various ways.

it's a basic Austrian principle. let us not forget:

"The few who understand the system, will either be so interested from it's profits or so dependant on it's favors, that there will be no opposition from that class." — Rothschild Brothers of London, 1863

"Give me control of a nation's money and I care not who makes it's laws" — Mayer Amschel Bauer Rothschild

vokain

legendary

Activity: 1834

Merit: 1019

Quote from: oakpacific on October 29, 2013, 10:36:00 AM

Quote from: cypherdoc on October 29, 2013, 09:59:26 AM

personally, i think the Money Masters in Wall St are what corrupts Washington. this is the power of the printing press when controlled by private hands (banksters).

that is where the root of the problem lies and this is why we're here.

So I take it to mean that they are important facilitators of great human creations, much like how war industry has bettered human lives in various ways.

All Wars Are Bankers' Wars

oakpacific

hero member

Activity: 784

Merit: 1000

Quote from: cypherdoc on October 29, 2013, 09:59:26 AM

personally, i think the Money Masters in Wall St are what corrupts Washington. this is the power of the printing press when controlled by private hands (banksters).

that is where the root of the problem lies and this is why we're here.

So I take it to mean that they are important facilitators of great human creations, much like how war industry has bettered human lives in various ways.

cypherdoc

legendary

Activity: 1764

Merit: 1002

personally, i think the Money Masters in Wall St are what corrupts Washington. this is the power of the printing press when controlled by private hands (banksters).

that is where the root of the problem lies and this is why we're here.

vokain

legendary

Activity: 1834

Merit: 1019

Quote from: justusranvier on October 29, 2013, 09:54:27 AM

Quote from: cypherdoc on October 29, 2013, 06:13:37 AM

http://m.youtube.com/watch?v=cOubCHLXT6A&desktop_uri=%2Fwatch%3Fv%3DcOubCHLXT6A

Watch this carefully.

Is it just me, or did he openly declare war on DC and everything it stands for?

His side is the side I want to be on.

Also, I've thought about investing in Blueseed but I'm not an accredited US investor.

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: justusranvier on October 29, 2013, 09:54:27 AM

Quote from: cypherdoc on October 29, 2013, 06:13:37 AM

http://m.youtube.com/watch?v=cOubCHLXT6A&desktop_uri=%2Fwatch%3Fv%3DcOubCHLXT6A

Watch this carefully.

Is it just me, or did he openly declare war on DC and everything it stands for?

watch the Chris Dixon links from above.

Wall St and Washington work hand in hand.

justusranvier

legendary

Activity: 1400

Merit: 1013

Quote from: cypherdoc on October 29, 2013, 06:13:37 AM

http://m.youtube.com/watch?v=cOubCHLXT6A&desktop_uri=%2Fwatch%3Fv%3DcOubCHLXT6A

Watch this carefully.

Is it just me, or did he openly declare war on DC and everything it stands for?

cypherdoc

legendary

Activity: 1764

Merit: 1002

Wall St is not only holding Silicon Valley back, it is holding the rest of us back. as in the entire country is being held hostage for a continuous stream of bailouts.

here was my update last May 17:

-------- Original Message --------
Subject:    Conflict
Date:    Fri, 17 May 2013 08:22:19 -0700
From:    xxxxx
To:    undisclosed-recipients:;

I've detected a new dynamic that is setting up that I believe will be a significant factor in driving Bitcoin adoption. I have not heard this "concept" framed in this manner on the Forums or anywhere else so I believe you're hearing it formally stated here first:

Wall Street vs. Silicon Valley.

I first detected this in Chris Dixon's first interview at TechCrunch here: http://techcrunch.com/2013/04/29/chris-dixon-plans-on-investing-in-more-bitcoin-startups-says-more-entrepreneurs-are-getting-involved/

Then again in another of his videos yesterday: http://pandodaily.com/2013/05/16/for-chris-dixon-the-next-big-thing-might-be-bitcoin/

And finally, it came thru again in the GigaOM event last nite which I attended.

The bottom line is this: The powers to be in Silicon Valley are anxious to snatch the reins of their financial destiny away from the banks and Wall Street upon who've they've depended on forever. And they are going to use Bitcoin as a launching pad to develop a myriad of technical tools to accomplish this task. They will also contribute their talents in making sure Bitcoin is secure from attack. They will also use their considerable monetary war chest to lobby Congress to protect Bitcoin for the long term. These events are how it's going to play out even though they might not exactly realize it yet.

This is another play on the theme of how "geeks are taking over the world"

I believe they will be successful.

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: vokain on October 29, 2013, 09:40:08 AM

Quote from: worldinacoin on October 29, 2013, 09:14:21 AM

The difficulty is increasing so fast that even though Bitcoin prices are going up, it is hard to catch up with the new eqpt for mining Bitcoins!

I guess the way I see it is that it's becoming cheaper to become a Bitcoin node and more people are doing it.

this is true.

we all have huge gains to protect and mining or being a node is something all of us should want to do. not only that, if the coins you make go and add several zeros onto the end you'll not regret it.

vokain

legendary

Activity: 1834

Merit: 1019

Quote from: worldinacoin on October 29, 2013, 09:14:21 AM

The difficulty is increasing so fast that even though Bitcoin prices are going up, it is hard to catch up with the new eqpt for mining Bitcoins!

I guess the way I see it is that it's becoming cheaper to become a Bitcoin node and more people are doing it.

worldinacoin

hero member

Activity: 756

Merit: 500

The difficulty is increasing so fast that even though Bitcoin prices are going up, it is hard to catch up with the new eqpt for mining Bitcoins!

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: oakpacific on October 29, 2013, 06:47:17 AM

I would not have been so impressed, and the whole thing wouldn't feel so awesome, if Bitcoin price had never gone to $2.

As for PMs, my point is still that central banks can easily one-up you at PMs when things get really desperate, Bitcoin, ain't so easy. So unless your apocalypse theory is of the everyone for himself absolute jungle flavor, don't buy too much.

Yep, that was key. Ponzis don't bounce remember?

That was a bad time. The shorts were out in force. It took heavy discipline to buy that crash.

vokain

legendary

Activity: 1834

Merit: 1019

Quote from: kjj on October 29, 2013, 08:30:25 AM

Colored coins are unworkable in the real world. Mastercoin is a scam.

We need a bitcoin-like chain for securities and shares. We'll get there. Brokerages will transition to acting as interfaces between the bitcoin chain and the security chain.

Either way, the point is many efforts are being worked on to update our antiquated systems of exchange. A quick perusal of the project development board will show a handful of different actors theorizing several different and intuitive ways to create a backbone for a distributed exchange (some that will work, some that might, some that won't). Day by day more brain power gets invested towards these problems. I hope that we can soon enough, as a global society, design and use infallible and fluid price-discovery mechanisms at minimal cost. Eventually it will happen

kjj

legendary

Activity: 1302

Merit: 1026

Colored coins are unworkable in the real world. Mastercoin is a scam.

We need a bitcoin-like chain for securities and shares. We'll get there. Brokerages will transition to acting as interfaces between the bitcoin chain and the security chain.

vokain

legendary

Activity: 1834

Merit: 1019

Quote from: molecular on October 29, 2013, 07:48:14 AM

Quote from: HeliKopterBen on October 29, 2013, 07:44:51 AM

Centralized stock exchanges may become obsolete anyway. I can foresee a decentralized, peer-to-peer based, global system for exchanging stocks taking over because of the extensive regulation, manipulation, and fees associated with current centralized stock exchanges. In this case, bids and asks will be broadcast across a network of distributed nodes, transactions will occur when those bids and asks meet, and stock ownership will be permanently recorded in a distributed blockchain. Bitcoin is already being used to buy precious metals directly so it is only a matter of time before a mechanism to buy stocks directly comes into play and this mechanism may be built on bitcoin technology, using cryptocurrency as the currency of choice when exchanging these stocks. This will undoubtedly pull money away from the current centralized stock market.

Or am I just dreaming?

No, it's going to happen.

ColoredCoins is an example of an idea how to do this that already has some implementation. (Author is looking for help)

NGCCC (colored coins): issue and trade private currencies/stocks/bonds/etc

as is Mastercoin

MasterCoin: New Protocol Layer Starting From “The Exodus Address”
except that development for MSC has seen a lot more support than that of ColoredCoins. Dev of distributed exchange logic is in progress, and next on the list will be logic for smart property ie stocks

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: molecular on October 29, 2013, 07:48:14 AM

Quote from: HeliKopterBen on October 29, 2013, 07:44:51 AM

Centralized stock exchanges may become obsolete anyway. I can foresee a decentralized, peer-to-peer based, global system for exchanging stocks taking over because of the extensive regulation, manipulation, and fees associated with current centralized stock exchanges. In this case, bids and asks will be broadcast across a network of distributed nodes, transactions will occur when those bids and asks meet, and stock ownership will be permanently recorded in a distributed blockchain. Bitcoin is already being used to buy precious metals directly so it is only a matter of time before a mechanism to buy stocks directly comes into play and this mechanism may be built on bitcoin technology, using cryptocurrency as the currency of choice when exchanging these stocks. This will undoubtedly pull money away from the current centralized stock market.

Or am I just dreaming?

No, it's going to happen.

ColoredCoins is an example of an idea how to do this that already has some implementation. (Author is looking for help)

NGCCC (colored coins): issue and trade private currencies/stocks/bonds/etc

Exciting things are happening all through society. Just try not to die for the next 30 years or so and you'll see some really cool developments

molecular

donator

Activity: 2772

Merit: 1019

Quote from: HeliKopterBen on October 29, 2013, 07:44:51 AM

Centralized stock exchanges may become obsolete anyway. I can foresee a decentralized, peer-to-peer based, global system for exchanging stocks taking over because of the extensive regulation, manipulation, and fees associated with current centralized stock exchanges. In this case, bids and asks will be broadcast across a network of distributed nodes, transactions will occur when those bids and asks meet, and stock ownership will be permanently recorded in a distributed blockchain. Bitcoin is already being used to buy precious metals directly so it is only a matter of time before a mechanism to buy stocks directly comes into play and this mechanism may be built on bitcoin technology, using cryptocurrency as the currency of choice when exchanging these stocks. This will undoubtedly pull money away from the current centralized stock market.

Or am I just dreaming?

No, it's going to happen.

ColoredCoins is an example of an idea how to do this that already has some implementation. (Author is looking for help)

NGCCC (colored coins): issue and trade private currencies/stocks/bonds/etc

HeliKopterBen

hero member

Activity: 622

Merit: 500

Centralized stock exchanges may become obsolete anyway. I can foresee a decentralized, peer-to-peer based, global system for exchanging stocks taking over because of the extensive regulation, manipulation, and fees associated with current centralized stock exchanges. In this case, bids and asks will be broadcast across a network of distributed nodes, transactions will occur when those bids and asks meet, and stock ownership will be permanently recorded in a distributed blockchain. Bitcoin is already being used to buy precious metals directly so it is only a matter of time before a mechanism to buy stocks directly comes into play and this mechanism may be built on bitcoin technology, using cryptocurrency as the currency of choice when exchanging these stocks. This will undoubtedly pull money away from the current centralized stock market.

Or am I just dreaming?

Topic: Gold collapsing. Bitcoin UP. - page 1249. (Read 2032270 times)