Topic: My tought about current bitcoin status.. (Read 1977 times)
Yes, i see a huge battle coming it.. at least we still have coin-base for us customers and bitstamp for EU, another "hack" or a shutdown or any accident on one of those can trigger a 150-200 usd down.. probably the same with local bitcoins..
I think we are still mostly sitting in the ''being laughed at'' phase, but the ridicule is becoming more and more vitriolic so we're getting close to the actual ''fighting'' phase.
You are 100% correct. The battle lines have yet to even be drawn, be ready because the war is about to start.
I think we are still mostly sitting in the ''being laughed at'' phase, but the ridicule is becoming more and more vitriolic so we're getting close to the actual ''fighting'' phase.
You are 100% correct. The battle lines have yet to even be drawn, be ready because the war is about to start.
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Ooh, scary. Except they don't. Hashtag itsabigworld
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Welcome to Europe, the continent of the somewhat free people. Much more free than America, Africa and Asia at least.
I'm pretty sure you'd have to live on Antarctica or the moon to be any more free.
Hong Kong tends to be more free than most countries in the EU. Hong Kong actually doesn't bank on inflation, because its pegged to the USD, so it can't cause inflation any more than its citizens. I believe that if if the USD was to have a big problem, Hong Kong would be the first to switch to real money. Switzerland's federal government is superb, but their local tax rates can be absurd. Most of Switzerland's problems comes from the huge subsidies it gives out. Canada right now is pretty free, but its unsustainable at their current level of spending. BUT they're lowering it.
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Ooh, scary. Except they don't. Hashtag itsabigworld
____________ ____________ ____________ / / /
Welcome to Europe, the continent of the somewhat free people. Much more free than America, Africa and Asia at least.
I'm pretty sure you'd have to live on Antarctica or the moon to be any more free.
Uh and what you call "hard working" others call "opportunism"
those "others" you refer to are generally people who have never done a day of hard work in their lives and expect everyone else to take care of them from cradle to grave. But I guess your comment drives my point in that bitcoin has mostly lost its libertarian roots.
"First they ignore you, then they laugh at you, then they fight you, then you win." - Mahatma Gandhi
Ghandi didn't say that btw. That is said to be originated in the labor movement. Quite ironic if some "socialist" propaganda becomes the battlecry of some libertarian "movement".
I made some comment on reddit awhile ago about why it's important to have bitcoins or some similar technology so that regular hard working people can protect their wealth in an asset class that cannot be seized by a corrupt government for wealth redistrubtion, etc, and was promptly downvoted. I think there are actually very few libertarians left in bitcoin at this point.
There are few more awful groups than Libertarians, one of them are /r/Bitcoin Libertarians. Uh and what you call "hard working" others call "opportunism" and what you call "wealth distribution" others call "welfare state".
"First they ignore you, then they laugh at you, then they fight you, then you win." - Mahatma Gandhi
Ghandi didn't say that btw. That is said to be originated in the labor movement. Quite ironic if some "socialist" propaganda becomes the battlecry of some libertarian "movement".
I made some comment on reddit awhile ago about why it's important to have bitcoins or some similar technology so that regular hard working people can protect their wealth in an asset class that cannot be seized by a corrupt government for wealth redistrubtion, etc, and was promptly downvoted. I think there are actually very few libertarians left in bitcoin at this point.
I'm not sure who those pictures represent and my comment only presumes they are American because they mug for their photos.
FEDs can apply to "National" banks as well. I used to live in a neighborhood that was built by an S&L exec that escaped Reagan's prosecution. He knew how to punish bad bankers. Finance industries always attract scammers. Volunteer organizations also attract scammers. With Bitcoin being both, it's doubly so.
FEDs can apply to "National" banks as well. I used to live in a neighborhood that was built by an S&L exec that escaped Reagan's prosecution. He knew how to punish bad bankers. Finance industries always attract scammers. Volunteer organizations also attract scammers. With Bitcoin being both, it's doubly so.
I thought the term FEDs explicitly applied to the United States.
I'm not about to theorize about scenarios where the the US or China are out of the picture, we simply don't know that. We are discussing the current status quo where they play a major role. Nobody is talking about banning Bitcoin.
What I am hinting at is the tendency for public figures in the Bitcoin scene to somehow get in this kind of trouble. Mark "Mochaccino" or Mircea "Poopscoop" could just as easily end up being prosecuted as those guys. It's just a matter of probability that the people in these photos live in the US, since well, there the "scene" is the largest, but it can happen elsewhere. And this has little to do with legislation.
I would say they would have met the same fate anywhere in the industrialized world, worse somewhere else.
I'm not about to theorize about scenarios where the the US or China are out of the picture, we simply don't know that. We are discussing the current status quo where they play a major role. Nobody is talking about banning Bitcoin.
What I am hinting at is the tendency for public figures in the Bitcoin scene to somehow get in this kind of trouble. Mark "Mochaccino" or Mircea "Poopscoop" could just as easily end up being prosecuted as those guys. It's just a matter of probability that the people in these photos live in the US, since well, there the "scene" is the largest, but it can happen elsewhere. And this has little to do with legislation.
I would say they would have met the same fate anywhere in the industrialized world, worse somewhere else.
Quote
Ooh, scary. Except they don't. Hashtag itsabigworld
____________ ____________ ____________ / / /
Quote
Ooh, scary. Except they don't. Hashtag itsabigworld
____________ ____________ ____________ / / /
"First they ignore you, then they laugh at you, then they fight you, then you win." - Mahatma Gandhi
Ghandi didn't say that btw. That is said to be originated in the labor movement. Quite ironic if some "socialist" propaganda becomes the battlecry of some libertarian "movement".
Just a C&P from the ole google machine.
But yes, it would be quite ironic
First they laugh at you then they send in the FEDs. - Metafilter
Ooh, scary. Except they don't. Hashtag itsabigworld
I think we are still mostly sitting in the ''being laughed at'' phase, but the ridicule is becoming more and more vitriolic so we're getting close to the actual ''fighting'' phase.
"First they ignore you, then they laugh at you, then they fight you, then you win." - Mahatma Gandhi
Ghandi didn't say that btw. That is said to be originated in the labor movement. Quite ironic if some "socialist" propaganda becomes the battlecry of some libertarian "movement".
First they laugh at you then they send in the FEDs. - Metafilter
"First they ignore you, then they laugh at you, then they fight you, then you win." - Mahatma Gandhi
Some people has said that the most successful ideas have 3 steps , steps that the item or idea has to pass thru until it is accepted.
The first step obviously is to promote the idea /item and let the people know it.
The second one, when some people know about it, they start to make fun of it, they think its ridiculous, and they fool the people who believe on it. (maybe 2011-2012)
The Third one is they begin to know that the idea is not a game anymore, its gaining power, they start to take it seriously but as every new successful idea , there are many of people who may be affected with the new idea, so they stop making fun of it to move to a a serious attack, they make attacks directly against every single thing related to it, they see an imminent success and they want to prevent . (late 2013 to actual date)
But do you know the next step and how every single history ends?? they get tired of trying to stop it, they realize that they cannot stop such a revolution in so much people, they give up and they end accepting the idea, adapt all the ecosystem to it, make legal regulations, and this is when the mass adoption comes.
So, we are close, don't give up, those china bans and bank opposition in UK and other country wont last long..
The first step obviously is to promote the idea /item and let the people know it.
The second one, when some people know about it, they start to make fun of it, they think its ridiculous, and they fool the people who believe on it. (maybe 2011-2012)
The Third one is they begin to know that the idea is not a game anymore, its gaining power, they start to take it seriously but as every new successful idea , there are many of people who may be affected with the new idea, so they stop making fun of it to move to a a serious attack, they make attacks directly against every single thing related to it, they see an imminent success and they want to prevent . (late 2013 to actual date)
But do you know the next step and how every single history ends?? they get tired of trying to stop it, they realize that they cannot stop such a revolution in so much people, they give up and they end accepting the idea, adapt all the ecosystem to it, make legal regulations, and this is when the mass adoption comes.
So, we are close, don't give up, those china bans and bank opposition in UK and other country wont last long..
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