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Topic: What bitcoin is for you ? - page 2. (Read 3636 times)

hero member
Activity: 490
Merit: 501
February 19, 2014, 01:45:20 PM
#74
you need to add "A Hobby" to the poll. Cool
legendary
Activity: 1148
Merit: 1018
February 19, 2014, 12:06:44 PM
#73
Digital anarchy!!!



you mean digital capitalism. property rights and anarchy are pretty much the opposite. if you don't understand anything, just ask.

That's not 100% accurate, unless you are confusing "property rights" with "private ownership of the means of production" which is generally referred in Marxism as "private property". Most original archists (Bakunin, Sorel, Proudhon... Even Kropotkin) were not against "personal property" (or "possession"), they were opposed to "private property" as all the thinkers influenced by the works of Karl Marx.

To clarify:

Personal property (or "possessions") = your house, your clothes, your kids toys, etc. The vast majority of anarchists were totally OK with personal property and agreed that nobody has the right to take that from you. Even communists agreed on that.

Private property = the land, the factory, etc. Anarchists believed that the owners of the means of production should be the workers themselves. If you are working a certain piece of land, then you decide directly what you do with the fruit of your labor. Nobody else can (not even the "state" or "the party" as communist say). If you are working for somebody else (a boss, or the state, or whatever) then you are "alienated" and inherently not free.

But yes, if what you meant is that anarchism and capitalism are pretty much the opposite, then you are right - in fact anarchism was born precisely as a reaction against capitalist society.

Capitalism just means "an economic system in which industry and the means of production are controlled by private owners" (that's the first line on "capitalism" on Wikipedia - a definition first used precisely by Karl Marx), and anarchism was strongly opposed to that. Just do not tell this to the US folks reading this forum who have had their brain washed by Rothbard's absurd "anarcho-capitalist" theory, which is pure and simply an oxymoron (don't know if he was trolling or just a retarded, but his "work" made quite an impact on US culture). Anarchism is about absolute freedom - no RULER, and that means no STATE and no BOSSES (private or public) and no WAGE SLAVERY. No coercition at all. That's the very foundation of anarchism - being anti-capitalist. If you have to do what someone else wants you to do in order to earn a salary, then that's the opposite of what Anarchism means.

Last but not least, Bitcoin has NOTHING to do with "digital anarchy".

(mods: sorry for the offtopic. Please move this to the appropiate subforum if you think its necessary).


newbie
Activity: 53
Merit: 0
February 19, 2014, 08:39:56 AM
#72
I know bitcoin two month ago. I hope it can earn some money for me and become a medium to transfer.
legendary
Activity: 2212
Merit: 1199
February 19, 2014, 08:30:02 AM
#71
A good way to earn money  Smiley
yeah i agree with you btw thx   Grin

it is a good way to earn money if you have money to invest Tongue
or if you can earn by doing tasks like me Cheesy

agree  Cool

because sure it is true Smiley
it must be Smiley
legendary
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
February 19, 2014, 07:18:33 AM
#70
Btc for me is PERFECT money . Hate to see people trying to destroy it .
legendary
Activity: 2212
Merit: 1199
February 19, 2014, 06:37:52 AM
#69
A good way to earn money  Smiley
yeah i agree with you btw thx   Grin

it is a good way to earn money if you have money to invest Tongue
or if you can earn by doing tasks like me Cheesy
newbie
Activity: 33
Merit: 0
February 19, 2014, 12:56:49 AM
#68
To me it represents the possibility of positive change-

A better world will be built from the blockchain up because of bitcoin.
legendary
Activity: 1120
Merit: 1001
February 19, 2014, 12:16:44 AM
#67
A future currency
legendary
Activity: 896
Merit: 1001
February 18, 2014, 11:47:44 PM
#66
Financial freedom. The ability to store and transfer value without asking for help from a middleman or permission from an authority.

I agree completely
newbie
Activity: 19
Merit: 0
February 18, 2014, 11:07:01 PM
#65
Freedom/independence from banks. No more banking system needed! Period!

Bitcoin technology replaces the fraudulent system of fractional reserve banking and inflationary fiat currency!
legendary
Activity: 1512
Merit: 1012
February 18, 2014, 06:53:47 PM
#64
a banking system just allows people to exchange one thing with another with a reference value.
And the reference should be the same for each people who trust it.

ah ah ah ... you trust this ?
well, read this : http://www.youtube.com/watch?v=mII9NZ8MMVM
newbie
Activity: 4
Merit: 0
February 18, 2014, 05:38:40 PM
#63
Decentralized payment system. No more you have to ask middleman or authority...

What is the difference between a middleman and a miner or authority and fat pools ?

Sorry, i'm not fair, you will be the only one I will quote. Don't see there any offense Smiley

It's amazing how people made a such link between society concepts and banking systems (zeitgeist out of that body ! Wink).
I'm from Europe, in fact, and I don't experience the same connexion on the subject like americans or russians I think.

From my point of view, a banking system just allows people to exchange one thing with another with a reference value.
And the reference should be the same for each people who trust it.

What I find interesting in bitcoin, is that it has never been linked to material standard (gold standard for good old currency, even if it's no more true today, the past write the future). So, its reference is completely subjective. It's like performing a poker estimation for everything.

How do you calculate the value of an object in your mind ?

Do you compute the change with the current rate of your currency ?
(if true, I think everybody who reply "the next monetary system" have lied in some part)

Or can you say, ok, 1BTC is fair for an apple*, whatever the current rate ?
(if false, I think everybody who reply "the next monetary system" have lied in some part)

* the fruit Smiley
newbie
Activity: 56
Merit: 0
February 18, 2014, 05:05:32 PM
#62
for me too Cheesy
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
February 18, 2014, 05:00:55 PM
#61
it is becoming a slightly unhealthy obsession...lol jk
newbie
Activity: 14
Merit: 0
February 18, 2014, 04:43:12 PM
#60
For me, to act like a young teenage stock trader with a digital wallet make me look like I'm in the league of Extraordinary Bitcoin gentlemen, even though I have almost no funds in my wallet (yet Wink ), since I started a wallet 4 days ago
member
Activity: 98
Merit: 10
February 18, 2014, 02:05:41 PM
#59
Bitcoin to me is all the above:

It's a good way to earn money, either by selling goods or services or trading or mining.

It's a good proof of concept for the next monetary system, as it's still in its infancy, and can adjust to add things it's missing or add things that it needs work on.

It's the next monetary system, as it's decentralized, has the fastest transaction speed out of Paypal, Visa, Moneygram, Western Union, Visa, Bank wire, etc...

It is a kind of philosophy as it's ideas are fairly libertarian and promotes a type of "freedom", especially from institutions such as government and banks.

It's also "Nothing" as you can't see, hear, or feel Bitcoin.  It has no physical "weight" so to speak.  But it's ideals, it's protocols, it's code, it's distributed ledger, it's promise as a cryptocurrency carry so much more mass and heft in the grand scheme of things on a global level.

if property is freedom to you, i can't really help you.

to your last paragraph: you could just say "it has no intrinsic value"

What do you mean by property?

Some would argue that the fiat dollar doesn't have an intrinsic value either.  It's not really backed by Gold standard.  It's backed by the US Armies guns, tanks, and surface to air missiles or "Rule of Law"

All these failing countries economies around the world could use something like Bitcoin though.

yes of course fiat money doesn't really have any intrinsic value (besides the paper its beeing printed on, so it still has some intrinsic value as toilet paper or something)
hero member
Activity: 1372
Merit: 783
better everyday ♥
February 18, 2014, 02:04:29 PM
#58
Bitcoin to me is all the above:

It's a good way to earn money, either by selling goods or services or trading or mining.

It's a good proof of concept for the next monetary system, as it's still in its infancy, and can adjust to add things it's missing or add things that it needs work on.

It's the next monetary system, as it's decentralized, has the fastest transaction speed out of Paypal, Visa, Moneygram, Western Union, Visa, Bank wire, etc...

It is a kind of philosophy as it's ideas are fairly libertarian and promotes a type of "freedom", especially from institutions such as government and banks.

It's also "Nothing" as you can't see, hear, or feel Bitcoin.  It has no physical "weight" so to speak.  But it's ideals, it's protocols, it's code, it's distributed ledger, it's promise as a cryptocurrency carry so much more mass and heft in the grand scheme of things on a global level.

if property is freedom to you, i can't really help you.

to your last paragraph: you could just say "it has no intrinsic value"

What do you mean by property?

Some would argue that the fiat dollar doesn't have an intrinsic value either.  It's not really backed by Gold standard.  It's backed by the US Armies guns, tanks, and surface to air missiles or "Rule of Law"

All these failing countries economies around the world could use something like Bitcoin though.
sr. member
Activity: 910
Merit: 273
Undeadbitcoiner Will not DIE until 1BTC=50K
February 18, 2014, 01:54:00 PM
#57
The next monitory system which will give us financial freedom.
Quote
It's also "Nothing" as you can't see, hear, or feel Bitcoin.  It has no physical "weight" so to speak.  But it's ideals, it's protocols, it's code, it's distributed ledger, it's promise as a cryptocurrency carry so much more mass and heft in the grand scheme of things on a global level.
But its everything who is fully involved in Bitcoin.
member
Activity: 98
Merit: 10
February 18, 2014, 01:50:32 PM
#56
Bitcoin to me is all the above:

It's a good way to earn money, either by selling goods or services or trading or mining.

It's a good proof of concept for the next monetary system, as it's still in its infancy, and can adjust to add things it's missing or add things that it needs work on.

It's the next monetary system, as it's decentralized, has the fastest transaction speed out of Paypal, Visa, Moneygram, Western Union, Visa, Bank wire, etc...

It is a kind of philosophy as it's ideas are fairly libertarian and promotes a type of "freedom", especially from institutions such as government and banks.

It's also "Nothing" as you can't see, hear, or feel Bitcoin.  It has no physical "weight" so to speak.  But it's ideals, it's protocols, it's code, it's distributed ledger, it's promise as a cryptocurrency carry so much more mass and heft in the grand scheme of things on a global level.

if property is freedom to you, i can't really help you.

to your last paragraph: you could just say "it has no intrinsic value"
hero member
Activity: 1372
Merit: 783
better everyday ♥
February 18, 2014, 01:47:30 PM
#55
Bitcoin to me is all the above:

It's a good way to earn money, either by selling goods or services or trading or mining.

It's a good proof of concept for the next monetary system, as it's still in its infancy, and can adjust to add things it's missing or add things that it needs work on.

It's the next monetary system, as it's decentralized, has the fastest transaction speed out of Paypal, Visa, Moneygram, Western Union, Visa, Bank wire, etc...

It is a kind of philosophy as it's ideas are fairly libertarian and promotes a type of "freedom", especially from institutions such as government and banks.

It's also "Nothing" as you can't see, hear, or feel Bitcoin.  It has no physical "weight" so to speak.  But it's ideals, it's protocols, it's code, it's distributed ledger, it's promise as a cryptocurrency carry so much more mass and heft in the grand scheme of things on a global level.
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