Greed makes the world go round - page 2.

myrkul

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FIAT LIBERTAS RVAT CAELVM

Quote from: Crazy on April 09, 2013, 07:34:07 PM

Quote from: myrkul on April 09, 2013, 07:21:17 PM

Satoshi was mining right along with the rest of them in the early days.

Mining and verifying is necessary for this protocol to function. And beside, you asked for a scenario. I gave you one.

So, it was necessary that he make money. You're not helping your case, here.

Quote from: Crazy on April 09, 2013, 07:34:07 PM

Quote from: myrkul on April 09, 2013, 07:21:17 PM

Greed is humanity's natural desire to better themselves. Sometimes financially.

That's not greed. Reacquaint yourself with the definition ASAP.

Like the man said, for lack of a better word. Unless you have a better word for that desire?

Crazy

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Quote from: myrkul on April 09, 2013, 07:21:17 PM

Satoshi was mining right along with the rest of them in the early days.

Mining and verifying is necessary for this protocol to function. And beside, you asked for a scenario. I gave you one.

Quote from: myrkul on April 09, 2013, 07:21:17 PM

Greed is humanity's natural desire to better themselves. Sometimes financially.

That's not greed. Reacquaint yourself with the definition ASAP.

myrkul

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FIAT LIBERTAS RVAT CAELVM

Quote from: Crazy on April 09, 2013, 07:09:18 PM

Quote from: myrkul on April 09, 2013, 06:50:12 PM

How, exactly, is "I'm gonna make a new currency" not setting out to make money?

Well, one scenario? I don't keep any of the "new currency."

Satoshi was mining right along with the rest of them in the early days.

Quote from: Crazy on April 09, 2013, 07:09:18 PM

I think people in this thread are conflating greed, with a desire to attain financial security through hard work and productivity.

Greed is humanity's natural desire to better themselves. Sometimes financially.

Crazy

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Quote from: myrkul on April 09, 2013, 06:50:12 PM

How, exactly, is "I'm gonna make a new currency" not setting out to make money?

Well, one scenario? I don't keep any of the "new currency."

I think people in this thread are conflating greed, with a desire to attain financial security through hard work and productivity. The difference between the two is probably pragmatism, humility, and respect for their fellow man*. But I'm no philosopher.

Elwar

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True capitalism creates a productive society based upon the knowledge that greed is a human trait.

Other social structures try to exist by suppressing greed.

Sort of like religions trying to suppress other human traits to fit their own social structure.

I prefer to allow my own humanity to thrive.

myrkul

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FIAT LIBERTAS RVAT CAELVM

Quote from: Crazy on April 09, 2013, 06:40:38 PM

I don't believe Facebook or Google was started with the intent to make money, although I'm sure they thought it could be a potential byproduct if their ideas panned out. Nor was the internet (WWW specifically). And most certainly, neither was bitcoin. Just because something might occur as a consequence of an endeavor does not make it the motivation for said endeavor. But I'm more than certain we'll just have to agree to disagree.

How, exactly, is "I'm gonna make a new currency" not setting out to make money?

pretendo

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Fear is a more powerful emotion than greed. If a crash occurs, it will be temporary and not as deep as the original crash (which was caused by mass hackings/scams that came to light)

Crazy

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I don't believe Facebook or Google was started with the intent to make money, although I'm sure they thought it could be a potential byproduct if their ideas panned out. Nor was the internet (WWW specifically). And most certainly, neither was bitcoin. Just because something might occur as a consequence of an endeavor does not make it the motivation for said endeavor. But I'm more than certain we'll just have to agree to disagree.

Gordonium

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Quote from: myrkul on April 09, 2013, 04:54:14 PM

Quote from: Crazy on April 09, 2013, 03:26:56 PM

You name it, probably wasn't greed. Facebook, Internet, Google, whatever.

Facebook: Built to make money. GREED
Internet: Built to insure government structure would survive nuclear attack. Not greed, something much worse: lust for power.
Google: Built to make money. GREED
Bitcoin: Built to literally make money. GREED

Exactly what I meant.

nicolazza

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Quote from: myrkul on April 09, 2013, 04:54:14 PM

Quote from: flyhouse on April 09, 2013, 02:28:52 PM

But some people should stop being greedy and look at how BTC can benefit them and the people around them in the long run.

Long term greedy is still greedy. Wink

Like the socky said, Greed is good.

Quote from: Crazy on April 09, 2013, 03:26:56 PM

You name it, probably wasn't greed. Facebook, Internet, Google, whatever.

Facebook: Built to make money. GREED
Internet: Built to insure government structure would survive nuclear attack. Not greed, something much worse: lust for power.
Google: Built to make money. GREED
Bitcoin: Built to literally make money. GREED

a-greed.

myrkul

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FIAT LIBERTAS RVAT CAELVM

Quote from: flyhouse on April 09, 2013, 02:28:52 PM

But some people should stop being greedy and look at how BTC can benefit them and the people around them in the long run.

Long term greedy is still greedy. Wink

Like the socky said, Greed is good.

Quote from: Crazy on April 09, 2013, 03:26:56 PM

You name it, probably wasn't greed. Facebook, Internet, Google, whatever.

Facebook: Built to make money. GREED
Internet: Built to insure government structure would survive nuclear attack. Not greed, something much worse: lust for power.
Google: Built to make money. GREED
Bitcoin: Built to literally make money. GREED

Gordonium

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Of course I'm not saying that greed is only motive, just that it's probably the biggest motive. For examply I would love to see Bitcoin thrive for ideological reasons that has to do with libertarianism. But yes, I am greedy bastard that is going to make so much money out of this as possible. And I don't think that these two exclude each other.

Crazy

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Quote from: Gordonium on April 09, 2013, 03:44:04 PM

I never get upset. I simply make more money.

Gordonium

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Quote from: Crazy on April 09, 2013, 03:40:26 PM

Quote from: Gordonium on April 09, 2013, 03:38:34 PM

You are so naive that it is unbearable.

Oh no! I'm making a newbie troll upset because our opinions aren't in sync, what ever shall I do?

I never get upset. I simply make more money.

Crazy

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Quote from: Gordonium on April 09, 2013, 03:38:34 PM

You are so naive that it is unbearable.

Oh no! I'm making a newbie troll upset because our opinions aren't in sync, what ever shall I do?

Gordonium

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Quote from: Crazy on April 09, 2013, 03:26:56 PM

I'm pretty sure all of the revolutionary advancements of our lifetime were not built on greed. You name it, probably wasn't greed. Facebook, Internet, Google, whatever.

You are so naive that it is unbearable.

noedaRDH

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Finding Satoshi

Quote from: Crazy on April 09, 2013, 03:26:56 PM

I'm pretty sure all of the revolutionary advancements of our lifetime were not built on greed. You name it, probably wasn't greed. Facebook, Internet, Google, whatever. These were all exercises in intelligence and providing utility. Solving a problem, not looking for a cash cow. The adoption and subsequent profitability came after and probably was not a forethought.

Edit: and in that batch, I include bitcoin. "satoshi" didn't even want WikiLeaks to accept BTC because it's still in beta, but if he were greedy he would surely implore them to do so. He/They/whatever, probably would not be happy with how Bitcoin has been going.

But you're right, I do believe a huge, HUGE majority of new "adopters" are here just for the quick profit. Couldn't agree more.

Well it can be both. People want to solve worthwhile problems and want to profit at the same time. That's why greed is a part of Bitcoin (along with all the other non-greed related aspects), as much as you might or might not like it.

Crazy

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I'm pretty sure all of the revolutionary advancements of our lifetime were not built on greed. You name it, probably wasn't greed. Facebook, Internet, Google, whatever. These were all exercises in intelligence and providing utility. Solving a problem, not looking for a cash cow. The adoption and subsequent profitability came after and probably was not a forethought.

Edit: and in that batch, I include bitcoin. "satoshi" didn't even want WikiLeaks to accept BTC because it's still in beta, but if he were greedy he would surely implore them to do so. He/They/whatever, probably would not be happy with how Bitcoin has been going.

But you're right, I do believe a huge, HUGE majority of new "adopters" are here just for the quick profit. Couldn't agree more.

wopwop

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Quote from: noedaRDH on April 09, 2013, 03:24:30 PM

Quote from: Crazy on April 09, 2013, 03:20:50 PM

Quote from: noedaRDH on April 09, 2013, 03:16:27 PM

Without greed, no one would have invested any time or money into Bitcoins a few years ago.

Unless they believed they were doing something worthwhile. An intellectual exercise. That's not greed.

Quote from: noedaRDH on April 09, 2013, 03:16:27 PM

You need to appeal to people's instinctive greediness on some level to get just about any project off the ground.

So you start all your projects based on greed? That's pretty depressing. You must not do much for fun.

Quote from: noedaRDH on April 09, 2013, 03:16:27 PM

I don't really see greed as a problem to Bitcoins. It's a necessary kickstarter to build its infrastructure.

If BTCs were worth zero, then why should anyone care to trade them or mine them?

So yeah, greed does make the world go around.

Depressing.

How many people can you get into the system to build it up to where it is today if it wasn't because of greed?

For every user who are here for an "intellectual exercise", it's likely that you have another 3 or 4 who are in here for monetary gains. Let's not delude ourselves.

Lol @ you believing we are getting people 'into the system' by making them run after profits

noob is noob

noedaRDH

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Finding Satoshi

Quote from: Crazy on April 09, 2013, 03:20:50 PM

Quote from: noedaRDH on April 09, 2013, 03:16:27 PM

Without greed, no one would have invested any time or money into Bitcoins a few years ago.

Unless they believed they were doing something worthwhile. An intellectual exercise. That's not greed.

Quote from: noedaRDH on April 09, 2013, 03:16:27 PM

You need to appeal to people's instinctive greediness on some level to get just about any project off the ground.

So you start all your projects based on greed? That's pretty depressing. You must not do much for fun.

Quote from: noedaRDH on April 09, 2013, 03:16:27 PM

I don't really see greed as a problem to Bitcoins. It's a necessary kickstarter to build its infrastructure.

If BTCs were worth zero, then why should anyone care to trade them or mine them?

So yeah, greed does make the world go around.

Depressing.

How many people can you get into the system to build it up to where it is today if it wasn't because of greed?

For every user who are here for an "intellectual exercise", it's likely that you have another 3 or 4 who are in here for monetary gains. Let's not delude ourselves.

Topic: Greed makes the world go round - page 2. (Read 3906 times)