Topic: John McAfee: Cryptocurrency is coming (Read 3042 times)
Aaaah, got the name. It's Halsey Minor, the founder of CNET. He sold it to CBS back in 2008 for $1.8Bn, but several years later I think he filled for bankruptcy. He is part of Voxels, which gathered 1022 BTC ($350,000 at the time) via crowdsale.
Interesting spartak !
People really DO down play the corruption level and foul motives at work.
They really are gullible.. they all just assume if it's out there it's legit.
Then they do no research aside from the scam coin current price then buy buy buy !
Then.. Run here and cry FUD for bucks $$$
There is no concept of morality only greed.
Personally i don't have that much of a problem with a greed based system at work here
it's just the fact that if you leave your money on the table long enough you will get drained dry.
The process is bad but the outcome is worse !
Not a lot of thinking going on ever..
They just "DO" with out second guessing anything like should centralized exchanges even exist ?
NO they shouldn't !
They are a business for profit.. off of crypto.
They are centralized meaning a central figure of sorts control it.
Then they are positioned to GOX you at will with no warning with any excuses.. anytime !
Rewind a bit boys ..isn't the point here to get a decentralized crypto-currency going ?
How in gods name is a mishandled overly corrupt centralized ICO scheme launched that is not even a currency placed onto a centralized exchange used ONLY for profit an innovation as Ethereum supporter have been chanting ?
I said stuff *like* that last few days and they banned me from their ETH IRC channel.
People really DO down play the corruption level and foul motives at work.
They really are gullible.. they all just assume if it's out there it's legit.
Then they do no research aside from the scam coin current price then buy buy buy !
Then.. Run here and cry FUD for bucks $$$
There is no concept of morality only greed.
Personally i don't have that much of a problem with a greed based system at work here
it's just the fact that if you leave your money on the table long enough you will get drained dry.
The process is bad but the outcome is worse !
Not a lot of thinking going on ever..
They just "DO" with out second guessing anything like should centralized exchanges even exist ?
NO they shouldn't !
They are a business for profit.. off of crypto.
They are centralized meaning a central figure of sorts control it.
Then they are positioned to GOX you at will with no warning with any excuses.. anytime !
Rewind a bit boys ..isn't the point here to get a decentralized crypto-currency going ?
How in gods name is a mishandled overly corrupt centralized ICO scheme launched that is not even a currency placed onto a centralized exchange used ONLY for profit an innovation as Ethereum supporter have been chanting ?
I said stuff *like* that last few days and they banned me from their ETH IRC channel.
..coming ?
He better hurry up there is far more players gearing up to fleece you Investards dry.
Ever heard of Max Keiser ? or Kim Dotcom ?
The next Ethereum scam ? STARTCOIN
He better hurry up there is far more players gearing up to fleece you Investards dry.
Ever heard of Max Keiser ? or Kim Dotcom ?
The next Ethereum scam ? STARTCOIN
I mentioned another guy, which was richer than Dotcom and McAfee combined and he ran an ICO, but forgot his name so I can't check the results. Before that he squandered over a $1Bn in few years. Viral is also a honorable mention.
EDIT: Btw Brexit has won and that would make an impact to cryptocurrencies for sure... Bitcoin already regained $100.
..coming ?
He better hurry up there is far more players gearing up to fleece you Investards dry.
Ever heard of Max Keiser ? or Kim Dotcom ?
The next Ethereum scam ? STARTCOIN
He better hurry up there is far more players gearing up to fleece you Investards dry.
Ever heard of Max Keiser ? or Kim Dotcom ?
The next Ethereum scam ? STARTCOIN
Don't you think that there are some people who knows (at least approximately) the total number of the printed money around the world (no mater if its dollars, euros or pounds)? I don't think we should discuss this more, because its unnecessary. I will repeat that I gave that number with the intention to show how insignificant digital money currently are, and it will take many years (if "some people" allow it, which I doubt) to be considered even a little threat to the banks/governments.
No, it's not possible the know that. It's not possible to know how many printing presses there are, or how many bills come from even a single one of them. It's not possible to know how many people are sitting with palates of benjies in their garage. Fiat is not public currency, these numbers are in no way verifiable.
Banks and governments are made of people, and people are free to use public currencies. There is no "threat" about it.
1) Biodiversity (number of unique species)
2) Biomass (mass of living things, arable land)
3) Total solar energy uptake
4) Total liters of unpolluted fresh water
Yes, but the total wealth of the Earth (by some sources) is over $200 trillion.
Notice the total absurdity of this statement by those some sources. For one there is no mention of M0 vs. M1 vs. higher For two there is no way any of these levels of money supply could be verified, as the unit is "$". For three, the unit of "$" is unbounded, issuers gonna issue, nobody can stop them. For four, the unit "$" is without physical definition - there is no way to verify one has a "$" other than to pass it off to another idiot. It's absurd to even think of it as a unit of wealth, let alone to assign a finite number to it or to claim you know some total number of "wealth of Earth".
I was talking about the money in possesion of the people and banks, but I'm not going to argue about that. I just tried to point to the fact that cryptocurrencies are still a very tiny part of the "world's wealth".
The only things that come to mind for me as possible measures of the world's wealth are:
1) Biodiversity (number of unique species)
2) Biomass (mass of living things, arable land)
If you want to talk about the world's exchange commodities, it's easy to say how many BTC or LTC the world has.
Don't you think that there are some people who knows (at least approximately) the total number of the printed money around the world (no mater if its dollars, euros or pounds)? I don't think we should discuss this more, because its unnecessary. I will repeat that I gave that number with the intention to show how insignificant digital money currently are, and it will take many years (if "some people" allow it, which I doubt) to be considered even a little threat to the banks/governments.
Yes, but the total wealth of the Earth (by some sources) is over $200 trillion.
Notice the total absurdity of this statement by those some sources. For one there is no mention of M0 vs. M1 vs. higher For two there is no way any of these levels of money supply could be verified, as the unit is "$". For three, the unit of "$" is unbounded, issuers gonna issue, nobody can stop them. For four, the unit "$" is without physical definition - there is no way to verify one has a "$" other than to pass it off to another idiot. It's absurd to even think of it as a unit of wealth, let alone to assign a finite number to it or to claim you know some total number of "wealth of Earth".
I was talking about the money in possesion of the people and banks, but I'm not going to argue about that. I just tried to point to the fact that cryptocurrencies are still a very tiny part of the "world's wealth".
The only things that come to mind for me as possible measures of the world's wealth are:
1) Biodiversity (number of unique species)
2) Biomass (mass of living things, arable land)
If you want to talk about the world's exchange commodities, it's easy to say how many BTC or LTC the world has.
Yes, but the total wealth of the Earth (by some sources) is over $200 trillion.
Notice the total absurdity of this statement by those some sources. For one there is no mention of M0 vs. M1 vs. higher For two there is no way any of these levels of money supply could be verified, as the unit is "$". For three, the unit of "$" is unbounded, issuers gonna issue, nobody can stop them. For four, the unit "$" is without physical definition - there is no way to verify one has a "$" other than to pass it off to another idiot. It's absurd to even think of it as a unit of wealth, let alone to assign a finite number to it or to claim you know some total number of "wealth of Earth".
I was talking about the money in possesion of the people and banks, but I'm not going to argue about that. I just tried to point to the fact that cryptocurrencies are still a very tiny part of the "world's wealth".
Yes, but the total wealth of the Earth (by some sources) is over $200 trillion.
Notice the total absurdity of this statement by those some sources. For one there is no mention of M0 vs. M1 vs. higher derivatives. For two there is no way any of these levels of money supply could be verified, as the unit is "$". For three, the unit of "$" is unbounded, issuers gonna issue, nobody can stop them. For four, the unit "$" is without physical definition - there is no way to verify one has a "$" other than to pass it off to another idiot. It's absurd to even think of it as a unit of wealth, let alone to assign a finite number to it or to claim you know some total number of "wealth of Earth".
oh man...McAffee
hopefully the super pervo powder is coming as well
5MeODipt FTW
hopefully the super pervo powder is coming as well
5MeODipt FTW
It doesn't really matter what kind of a guy he is. What matters is that he will leave a trail in this world (as one of the "Internet pioneers"). There are 100s (if not thousands) of examples.
Good thing ..I heard Michael Jackson was thinking off getting into Bitcoin.
We could have had "Jesus Juice Coin" LOL
This reminds me of another topic around here.. check this out
Note:
If you Google this.. "Bitcointalk Mike Tyson wallet"
You will see 1 guy here re-posting the news over & over.. jdebunt <-- who is that i wonder LOL
FUCKING CLOWNS
For his statements to be true, privacy is needed which is something that 99% of all cryptocurrencies ignore or fail to understand.
Privacy could not exists, because it is something imaginary. People should not do what they want (especially when we are talking about money (digital or not)).
How is privacy imaginary? And why shouldn't people do what they want?
Because they shouldn't. That's why we have laws. Do you actually think that the governments will allow us to move billions (in the future, maybe trillions) of $, without them to know? That would be disaster... Someone once said that the separate people are smart, but the masses are dumb.
Sigh... People doing what they want includes walking across the street and buying an icecream cone. Not sure from what left field you arguing from (communist, authoritarianism, AI overlord, other), but I'm not going to waste time finding out. If the technology exist, people will use it for both good and bad and there isn't much you can do about it if that technology is truly antifragile.
I was born and raised in a country, which was once communist, but I'm far of that thinking.
I am just trying to be realist and that's it and we are not talking about an icecream here. You are free to jump off a 10-store building and that would be a suicide. You are also free to go in a bank and ask them "kindly" to give you their money. That would be breaking the law... it's that simple.P.S. Believe me, I'm not arguing or attacking you. I can join you and we can both scream "POWER TO THE PEOPLE" on the streets, but the effect would be 0.
People = more than 1 person.
So if you are like minds how is that "0 effect"?
Governments are scared that the people will revolt. Right now most governments in the world have a thing called Tyrrany where people are scared of the gov't.
True freedom and liberty is where the government is scared of the people.
History tends to repeat itself.
oh man I cannot thank you enough for posting this... its 630a and I totally just came in my pants.
As an American with more than two brain cells to rub together, it does not take long to figure out that the fat and empathetic sheeple that inhabit this country are no threat to the status quo. All it takes is a look at our upcoming presidential election to emphasize this point.
Crypto is definitely a means to start forming cracks in that complete control. Sure, it might not be revolutionary from the gate, but like water in winter, a little gets in and freezes and it will fuck up your road.
So what type of control are you talking about?
I'm just saying that the goverments will not allow us to move billions of $, without them to know some details.
They won't let us? What if they can't stop us?
ATM, the estimate is over a trillion dollars of untaxed wealth that is beyond their control, so what makes you think that they will do a better job as more options are made available? Do you think they will kill black markets? AFAIK, something that has never been done, and something that would need to happen in order to control a vast sum of wealth that isn't taxed or is undertaxed.
But again, I was asking what you kind of control do you want governments to have? Not what control you think they have or will have.
So, when you say that you think that people should, or must be, controlled, what type of control are you talking about?
Edit: I'm not trying to put you on the spot, but the original comment that started this discussion was very vague and I'm curious as to what you think should be controlled and to what degree. We'll probably agree to disagree, but I'm always curious as to how people arrive at their opinions about privacy.
Yes, but the total wealth of the Earth (by some sources) is over $200 trillion. We are getting closer to my point. McAfee made some bold statements regarding the digital money. I just think that most of them will be controlled by the banks. For example, if you now have a bank account, in the future you can have a Bitcoin address in a bank (something like exchanges are now). Of course, nobody can stop you to have your digital money kept in your pocket.
And how much of that estimated wealth is based on debt built on debt(rhetorical question)?
Again, you haven't answered my question. I bolded it above. You are telling me what you think governments can do, not what you think they should do.
So what type of control are you talking about?
I'm just saying that the goverments will not allow us to move billions of $, without them to know some details.
They won't let us? What if they can't stop us?
ATM, the estimate is over a trillion dollars of untaxed wealth that is beyond their control, so what makes you think that they will do a better job as more options are made available? Do you think they will kill black markets? AFAIK, something that has never been done, and something that would need to happen in order to control a vast sum of wealth that isn't taxed or is undertaxed.
But again, I was asking what you kind of control do you want governments to have? Not what control you think they have or will have.
So, when you say that you think that people should, or must be, controlled, what type of control are you talking about?
Edit: I'm not trying to put you on the spot, but the original comment that started this discussion was very vague and I'm curious as to what you think should be controlled and to what degree. We'll probably agree to disagree, but I'm always curious as to how people arrive at their opinions about privacy.
Yes, but the total wealth of the Earth (by some sources) is over $200 trillion. We are getting closer to my point. McAfee made some bold statements regarding the digital money. I just think that most of them will be controlled by the banks. For example, if you now have a bank account, in the future you can have a Bitcoin address in a bank (something like exchanges are now). Of course, nobody can stop you to have your digital money kept in your pocket.
He is 110% fruitcake but you gotta luv him.
So what type of control are you talking about?
I'm just saying that the goverments will not allow us to move billions of $, without them to know some details.
They won't let us? What if they can't stop us?
ATM, the estimate is over a trillion dollars of untaxed wealth that is beyond their control, so what makes you think that they will do a better job as more options are made available? Do you think they will kill black markets? AFAIK, something that has never been done, and something that would need to happen in order to control a vast sum of wealth that isn't taxed or is undertaxed.
But again, I was asking what you kind of control do you want governments to have? Not what control you think they have or will have.
So, when you say that you think that people should, or must be, controlled, what type of control are you talking about?
Edit: I'm not trying to put you on the spot, but the original comment that started this discussion was very vague and I'm curious as to what you think should be controlled and to what degree. We'll probably agree to disagree, but I'm always curious as to how people arrive at their opinions about privacy.
So what type of control are you talking about?
I'm just saying that the goverments will not allow us to move billions of $, without them to know some details.
Whilst I do believe that Bitcoin (and blockchain technology) is going to change the world (in many ways) I don't see that it is going to "replace" fiat any time soon (as that's almost like asking a military to give up its guns).
In the long term it may be that property is the only way governments will be able to get revenue (so I also wouldn't be too quick to sell all your BTC to buy a bunch of properties assuming you have that many).
In the long term it may be that property is the only way governments will be able to get revenue (so I also wouldn't be too quick to sell all your BTC to buy a bunch of properties assuming you have that many).
Banks and governments are already exploring the technology and it could replace fiat money, but I don't believe that this would be done by Bitcoin or others.
They already have interac etransfer Paypal credit cards and other transfer methods
..that are faster and probably more secure than any coin crap.
Ever used LocalBitcoins to sell BTC ?
Why would they want to bother investing in a public ledger when they already do what ever they want in private ?
Banks are not lining up to offer the public free transparency to what they do with the money..
On the contrary they are working harder at hiding what they do behind closed doors.
And why does Crypto attract the sketchy criminal element ?
Last i heard of this guy he was hunted for murder charges.
Now he likes Bitcoin LOL
I believe that his interest in cryptocurrencies is because he don't have (much) money and that his name will attract investors. There was one other guy who lost like over a billion $ and was running ICO like 4-5 months ago, but I can't remember the name.
Read my sig and go to the infowars link--if that world is for you, then you'll be happy to know it's on its way for many parts of the world. I'll stick to not being controlled, nor wanting to have others controlled.
OK, can you please tell me (without advertising XMR) more about your freedom? You did said (or implied) that you are (want) not being controlled.
Here, short, sweet and to the point:
http://activism.net/cypherpunk/crypto-anarchy.html
When you move $100 its not a problem. Nobody cares if you give me $100. But if the market becomes too big (like with a $100 billion market cap and billions of $ trade volume), then you can be sure that the privacy will be broken.
The point was that these systems will be built and no one (not even big governments) will be able to stop the progression. Just saying it can be stopped is like me saying it can't be stopped--the devil is in the details, but we are getting away from what you asked, which was what freedom I was talking about. So what type of control are you talking about?
For his statements to be true, privacy is needed which is something that 99% of all cryptocurrencies ignore or fail to understand.
Privacy could not exists, because it is something imaginary. People should not do what they want (especially when we are talking about money (digital or not)).
How is privacy imaginary? And why shouldn't people do what they want?
Because they shouldn't. That's why we have laws. Do you actually think that the governments will allow us to move billions (in the future, maybe trillions) of $, without them to know? That would be disaster... Someone once said that the separate people are smart, but the masses are dumb.
Can you please post images of your last three months of bank statements? This is the equivalent of Bitcoin - everyone having access to everyone else's financial records.
As well, government is not some perfect benevolent daddy figure - it's an institution filled with corruptible and fallible humans. Are you also ok with the notion of government having live cameras in your home at all times and police coming to do 'body searches' of you and your family at unannounced hours? We must not accept tyranny, and thanks to technology we won't have to.
Call me a spelunker, but I'm not holding funds in banks since like 5-6 years. I am generally poor and all I have is in my pockets (or in a jar under my mattress).
I get what you mean, but it seems that you are not seeing my point here. People (at some point) must be controlled. That is what I think.People must be controlled?
That sounds like an illuminati/globalistic statement. Perhaps I am reading it wrong?
I meant it like if the masses are involved in a riot or something. We all know what people do then... all hell is breaking loose. I live in a country were everything is overpriced, banks are with high rates, politicians are corrupted, we are on 1st place (though its not official) by death rate and one of the last countries by birth rate. It's called Bulgaria. Recently they said that 80,000 people are leaving the country every year, which is significant, giving the fact that our population is little over 6 million now. I can't really support governments who allowed this to happen, can I?
Whilst I do believe that Bitcoin (and blockchain technology) is going to change the world (in many ways) I don't see that it is going to "replace" fiat any time soon (as that's almost like asking a military to give up its guns).
In the long term it may be that property is the only way governments will be able to get revenue (so I also wouldn't be too quick to sell all your BTC to buy a bunch of properties assuming you have that many).
In the long term it may be that property is the only way governments will be able to get revenue (so I also wouldn't be too quick to sell all your BTC to buy a bunch of properties assuming you have that many).
Banks and governments are already exploring the technology and it could replace fiat money, but I don't believe that this would be done by Bitcoin or others.
They already have interac etransfer Paypal credit cards and other transfer methods
..that are faster and probably more secure than any coin crap.
Ever used LocalBitcoins to sell BTC ?
Why would they want to bother investing in a public ledger when they already do what ever they want in private ?
Banks are not lining up to offer the public free transparency to what they do with the money..
On the contrary they are working harder at hiding what they do behind closed doors.
And why does Crypto attract the sketchy criminal element ?
Last i heard of this guy he was hunted for murder charges.
Now he likes Bitcoin LOL
I believe that his interest in cryptocurrencies is because he don't have (much) money and that his name will attract investors. There was one other guy who lost like over a billion $ and was running ICO like 4-5 months ago, but I can't remember the name.
Read my sig and go to the infowars link--if that world is for you, then you'll be happy to know it's on its way for many parts of the world. I'll stick to not being controlled, nor wanting to have others controlled.
OK, can you please tell me (without advertising XMR) more about your freedom? You did said (or implied) that you are (want) not being controlled.
Here, short, sweet and to the point:
http://activism.net/cypherpunk/crypto-anarchy.html
When you move $100 its not a problem. Nobody cares if you give me $100. But if the market becomes too big (like with a $100 billion market cap and billions of $ trade volume), then you can be sure that the privacy will be broken.
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