John McAfee: Cryptocurrency is coming - page 2.

smoothie

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LEALANA Bitcoin Grim Reaper

Quote from: spartak_t on June 22, 2016, 09:38:47 AM

Quote from: americanpegasus on June 22, 2016, 09:34:33 AM

Quote from: spartak_t on June 22, 2016, 09:20:51 AM

Quote from: generalizethis on June 22, 2016, 09:17:13 AM

Quote from: spartak_t on June 22, 2016, 09:09:20 AM

Quote from: americanpegasus on June 22, 2016, 09:06:14 AM

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?

smoothie

legendary

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LEALANA Bitcoin Grim Reaper

Quote from: spartak_t on June 22, 2016, 09:33:19 AM

Quote from: generalizethis on June 22, 2016, 09:27:00 AM

Quote from: spartak_t on June 22, 2016, 09:20:51 AM

Quote from: generalizethis on June 22, 2016, 09:17:13 AM

Quote from: spartak_t on June 22, 2016, 09:09:20 AM

Quote from: americanpegasus on June 22, 2016, 09:06:14 AM

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.

smoothie

legendary

Activity: 2492

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LEALANA Bitcoin Grim Reaper

Quote from: spartak_t on June 22, 2016, 09:20:51 AM

Quote from: generalizethis on June 22, 2016, 09:17:13 AM

Quote from: spartak_t on June 22, 2016, 09:09:20 AM

Quote from: americanpegasus on June 22, 2016, 09:06:14 AM

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.

Ever heard of the roman empire, things can change. It's called normalcy bias. just because things "are" a certain way today doesn't mean it won't change tomorrow, next week, next month, next year.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: spartak_t on June 22, 2016, 09:09:20 AM

Quote from: americanpegasus on June 22, 2016, 09:06:14 AM

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)).

Depends on what type of privacy you are talking about.

Everytime I go take a shower/use the restroom I'm fairly confident I've got privacy.

As far as financial privacy, cash has been known for a long time to be the most private form of "money". Even gold and silver that applies to (or any type of barter).

generalizethis

legendary

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Facts are more efficient than fud

Quote from: spartak_t on June 22, 2016, 04:23:16 PM

Quote from: generalizethis on June 22, 2016, 09:56:17 AM

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

Spoetnik

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FUD Philanthropist™

Quote from: spartak_t on June 22, 2016, 07:07:14 AM

Quote from: CIYAM on June 21, 2016, 10:41:16 AM

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).

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

glerant

sr. member

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Quote from: americanpegasus on June 22, 2016, 09:06:14 AM

For his statements to be true, privacy is needed which is something that 99% of all cryptocurrencies ignore or fail to understand.

Monero is the actual true implementation of digital cash, and after decades of the smartest people in the world fantasizing about it - it finally exists.

I think the world of personal finance will be a bit more complicated in future.

I see the core being a platform like NXT, Waves, NEM etc where people control and organise their finances and assets.
Using that platform they will use currencies like BTC, Monero etc and new ones that act as a kind of protection like Paypal or credit cards for consumer and seller protection and yet more acting as lenders. Some they will use for small transactions using NFC etc

I see them all existing in a rich ecosystem. Some will go for distributed and open solutions and others for corporate or even government controlled centralised ones. A bit like we see cyanogen, Ubuntu and apple phone users.

spartak_t

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@FAILCommunity

Quote from: jojo69 on June 22, 2016, 04:26:38 PM

oh man...McAffee

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.

jojo69

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diamond-handed zealot

oh man...McAffee

hopefully the super pervo powder is coming as well

5MeODipt FTW

spartak_t

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Activity: 1960

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@FAILCommunity

Quote from: generalizethis on June 22, 2016, 09:56:17 AM

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.

generalizethis

legendary

Activity: 1750

Merit: 1036

Facts are more efficient than fud

Quote from: spartak_t on June 22, 2016, 09:38:47 AM

Quote from: americanpegasus on June 22, 2016, 09:34:33 AM

Quote from: spartak_t on June 22, 2016, 09:20:51 AM

Quote from: generalizethis on June 22, 2016, 09:17:13 AM

Quote from: spartak_t on June 22, 2016, 09:09:20 AM

Quote from: americanpegasus on June 22, 2016, 09:06:14 AM

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.

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.

spartak_t

legendary

Activity: 1960

Merit: 1176

@FAILCommunity

Quote from: americanpegasus on June 22, 2016, 09:34:33 AM

Quote from: spartak_t on June 22, 2016, 09:20:51 AM

Quote from: generalizethis on June 22, 2016, 09:17:13 AM

Quote from: spartak_t on June 22, 2016, 09:09:20 AM

Quote from: americanpegasus on June 22, 2016, 09:06:14 AM

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.

americanpegasus

hero member

Activity: 770

Merit: 504

Quote from: spartak_t on June 22, 2016, 09:20:51 AM

Quote from: generalizethis on June 22, 2016, 09:17:13 AM

Quote from: spartak_t on June 22, 2016, 09:09:20 AM

Quote from: americanpegasus on June 22, 2016, 09:06:14 AM

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.

spartak_t

legendary

Activity: 1960

Merit: 1176

@FAILCommunity

Quote from: generalizethis on June 22, 2016, 09:27:00 AM

Quote from: spartak_t on June 22, 2016, 09:20:51 AM

Quote from: generalizethis on June 22, 2016, 09:17:13 AM

Quote from: spartak_t on June 22, 2016, 09:09:20 AM

Quote from: americanpegasus on June 22, 2016, 09:06:14 AM

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.

generalizethis

legendary

Activity: 1750

Merit: 1036

Facts are more efficient than fud

Quote from: spartak_t on June 22, 2016, 09:20:51 AM

Quote from: generalizethis on June 22, 2016, 09:17:13 AM

Quote from: spartak_t on June 22, 2016, 09:09:20 AM

Quote from: americanpegasus on June 22, 2016, 09:06:14 AM

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 ice cream cone (you were very vague and didn't state illegal activities, if that's what you meant). Still--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.

spartak_t

legendary

Activity: 1960

Merit: 1176

@FAILCommunity

Quote from: generalizethis on June 22, 2016, 09:17:13 AM

Quote from: spartak_t on June 22, 2016, 09:09:20 AM

Quote from: americanpegasus on June 22, 2016, 09:06:14 AM

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.

generalizethis

legendary

Activity: 1750

Merit: 1036

Facts are more efficient than fud

Quote from: spartak_t on June 22, 2016, 09:09:20 AM

Quote from: americanpegasus on June 22, 2016, 09:06:14 AM

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?

spartak_t

legendary

Activity: 1960

Merit: 1176

@FAILCommunity

Quote from: americanpegasus on June 22, 2016, 09:06:14 AM

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)).

americanpegasus

hero member

Activity: 770

Merit: 504

For his statements to be true, privacy is needed which is something that 99% of all cryptocurrencies ignore or fail to understand.

Monero is the actual true implementation of digital cash, and after decades of the smartest people in the world fantasizing about it - it finally exists.

spartak_t

legendary

Activity: 1960

Merit: 1176

@FAILCommunity

Quote from: funkenstein on June 22, 2016, 08:36:43 AM

Quote from: spartak_t on June 22, 2016, 07:50:44 AM

Quote from: funkenstein on June 22, 2016, 07:40:42 AM

For many of us (me included) it already has replaced fiat.

Not really. Most of the people still measure their profits/losses/holdings in fiat money.

How does that contradict what I wrote?

There's a word I use for people that measure profits/losses/holdings/net worth in fiat: "poor".

How can something which is being created ad infinitum at zero cost be a measure of wealth?
How can something with no definition be a measure of anything at all?

You are probably a fan of cryptocurrencies like I am. Majority of the people do measure their profits/losses/holdings in fiat money and I found this sad. I'm not a dreamer, but I do support the "revolution" and I think that people must accept cryptocurrencies as a digital money (and not fiat) in order to become mainstream (which will take a lot of time like you implied).

Bitcoin (and others) are not created at zero costs, but the masses are the ones, which gives them a certain value.

Topic: John McAfee: Cryptocurrency is coming - page 2. (Read 3042 times)