interesting thought | Bitcointalksearch.org

Jonton

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Quote from: kitcar765 on November 17, 2013, 08:28:14 PM

was it created as an insurance policy for a back-up world currency when USD dies? and at the same time remove the leaders from calling for bankers blood?

That´s the question. Or is Bitcoin just a starter for attention and a open mindset about digital currencies?
And the more Bitcoins are catchier to create, the more States can play the "numeracy power card".

kitcar765

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national debt.

you can only deal with it in two ways.

1. default
2. inflate it away

currently the government is trying to inflate it away. but without wage increases they cant. All the cuts to services etc are no-where near deep enough. The debt is still growing.

the tiny cuts being made (compared to what's needed) are just symbols to try and give sterling some credibility.

the revolution should be decorating lamposts with bankers.

The damage is done. so the uk economy will either collapse due to default or we get super-inflation and collapse anyway.

Bitcoin will do very well from this. Its better than a gold standard! but the mysterious nature of bitcoin, it does make we wonder.

was it created as an insurance policy for a back-up world currency when USD dies? and at the same time remove the leaders from calling for bankers blood?

RW02

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the NHS is f***ed because there trying to run it for profit
anonymous dosnt have a leader because it compromises there group
the UK government are to pampered to understand anything and always have rich daddys to bail them out

governments dont like anything they cant control mainly because they have really small dicks.
bitcoin could start a revolution of rich vs poor it might even join them together after all no government can tax bitcoin and everyone hates taxes

kitcar765

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but that's why there is a limited amount of total bitcoins and they down down to 8 decimal points (satoshi)

so that even if governments got involved its already a deflationary currency. (means it cant be printed like fiat currency)

You cant create more than a set amount (i think its 21 million)

governments mining would only drive price up.

i have been to 'anonymous' protests. seems to be people who are angry but dont know why, or what to do about it. (russel brand is a good example). no one i spoke to actually understood why the NHS is going the way it is. or why we need fracking. they didnt understand the reality of the situation. (im sure anonymous has some real statemen amongst them!)

no-leaders are coming forward. i think anyone who understands the real-world situation. the history. the politics. the economics. would also see bitcoin going to $10,000.

I think bitcoin is taking out the leaders. although im angry at the system. im far less angry when im making a load of money out of it with bitcoins. If im angry i cant buy a house, suddenly im much less angry when i can see a house going for a few BTC in 2/3 years.

as a thought process its very interesting. are bitcoins the ultimate tool to stave off a revolution?

RW02

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my heads starting to hurt Undecided

but if leaders start to invest heavily in bitcoin hardware then average joe need to pile money into bitcoin so governments cant gain control. bitcoins popularity could be its own doom

kitcar765

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lack of education

not many people know anything about history (weimar republic), not many people have any idea of how money works.

so thats the first stage. lack of education in finance where all the power lies.

but when events like 2008 happen, people start to suffer.

The smartest read up to understand the situation, these are the would-be leaders of a revolution. If they read up and didn't see a way out of the situation they would mobilise, seek support. start the ball rolling. But then. whats this? Bitcoin?

Bitcoin is like a beacon of hope, a way to stop feeling punished by the current system. And benefit.

It takes the leaders out. pays them off. The average angry man in the street has no idea about fiat currency, or what the bankers really did. He seeks to blame immigrants or energy companies. He has no leader to show him. There is no-one to capture the zeitgeist.

so its an interesting thought isnt it? Bitcoin as a tool to control people, to protect the current system. yet at the same time it appears to be the ultimate threat to the current system??

which would make sense if bitcoin never became mainstream enough for the man on the street. If it was kept just complex enough that only the smart people took it up.

RW02

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easier way would be lack of education. the people incharge get good educations the poor dont get education or a very basic one. that way the poor are to stupid to think and need to be told what to do

bitcoin is a good tool but you have to be pretty smart to understand it. for example my mum would be completely lost

kitcar765

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if people feel soo detached from a society which constantly screws over the young, eventually the young will rise up.

This requires smart organised individuals to lead and direct the energy/anger.

If you were the people in charge you would want to take out/discourage the smarter individuals to leave the rest of the masses in a leader-less aimless (harmless mass) - sounds a bit like the anonymous protests?

but how would you do that?

You would pay them off, make them feel part of the current system. You would need to make them rich. (which would be a cheap and easy solution to prevent an uprising - pay off the smarter ones)

so you would need to create something with enough complexity, that only the driven smart individuals would partake, as they would be the only ones to fully understand the value of this thing you have created.

of course this is all crazy talk. But bitcoin would fit the bill very nicely.

Topic: interesting thought (Read 507 times)