Author

Topic: OWS Movement and Bitcoin: a Match Made in Heaven? (Read 1389 times)

legendary
Activity: 1937
Merit: 1001
Whether it is dollars, euros, pesos, or bitcoin...  there will always be a 1% and a 99%.  Unless everyone holding major bitcoins wants to pass them around and share with us poor 99%ers.

Bitcoin isn't designed against making a profit or against big corporations.

However, the current monetary system IS designed to keep the 99% poor and the 1% rich, and worse, it's designed to increase the gap dramatically over time.

In that aspect, bitcoin is very different, i don't think everybody should be equally wealthy/poor, some people are just lazy /b/tards, some work their ass off their entire lives. Also money becomes useless when everybody is treated as absolute equals.
legendary
Activity: 1764
Merit: 1007

But not all occupiers in L.A. were in support of this march:
"END THE FED MARCH = YOU ARE BEING CO-OPTED!"
http://occupylosangeles.org/?q=node/2169

The Fed is the sole enabler of Congressional and Executive overspending and It is great to see awareness of The Fed grow.

The "discussions" in the comments of that page make me very, very, very sad.
legendary
Activity: 924
Merit: 1004
Firstbits: 1pirata
... half that hates it... is most of the organizers. ...

you have anything to prove that statement... ? i'm not picking on you just trying to find out if ows leaders are honest people or have some hidden agenda to follow. I have a hunch...
Just from discussions with the people I've talked to. I don't have any links to facts or evidence. They're good people, they just can't come to trust the Bitcoin network.

got it, with enough time they will start trusting when people around them use bitcoin daily
hero member
Activity: 588
Merit: 500
Coinabul - Gold Unbarred
... half that hates it... is most of the organizers. ...

you have anything to prove that statement... ? i'm not picking on you just trying to find out if ows leaders are honest people or have some hidden agenda to follow. I have a hunch...
Just from discussions with the people I've talked to. I don't have any links to facts or evidence. They're good people, they just can't come to trust the Bitcoin network.
full member
Activity: 231
Merit: 100
Whether it is dollars, euros, pesos, or bitcoin...  there will always be a 1% and a 99%.  Unless everyone holding major bitcoins wants to pass them around and share with us poor 99%ers.
sr. member
Activity: 392
Merit: 250
My 2 Cents...

Thousands of OWS folks recently joined the switch-from-big bank-to-small-bank movement that was promoted to them, and it made news on all the networks. So one would think that the OWS movement would be ready for Bitcoin.

I was at a an OWS meeting in my neck of the woods (desert?). Someone there spoke on behalf of bitcoin, giving the basic idea of it, the URL to get more info.

If only there were more bitcoin promoters with the OWS crowds who could speak this concept, from their podiums.

Maybe if the Bitcoin Community / Exchanges / Promoters organized a Bitcoin "Partnership" with the OWS movement Huh

I'll keep thinking outside the box on this one....

Thanks for the replies.  Smiley

SJ


legendary
Activity: 2506
Merit: 1010
Bitcoiners were among those who marched from #OccupyLA to the Federal Reserve last week:


'
http://www.youtube.com/watch?v=0Zi6IJWC2_I by videoforvanquish  (Burning the FRNs at 0:06:40 )
http://www.youtube.com/watch?v=hYQv3n-WyI8 by AdamKokesh (Adam vs. The Man)

But not all occupiers in L.A. were in support of this march:
"END THE FED MARCH = YOU ARE BEING CO-OPTED!"
http://occupylosangeles.org/?q=node/2169

The Fed is the sole enabler of Congressional and Executive overspending and It is great to see awareness of The Fed grow.
legendary
Activity: 924
Merit: 1004
Firstbits: 1pirata
... half that hates it... is most of the organizers. ...

you have anything to prove that statement... ? i'm not picking on you just trying to find out if ows leaders are honest people or have some hidden agenda to follow. I have a hunch...
legendary
Activity: 1764
Merit: 1007
hero member
Activity: 588
Merit: 500
Coinabul - Gold Unbarred
Half of them love bitcoin, half of them hate it. The problem is that the half that hates it... is most of the organizers. I mean, we can keep trying, I know I have been trying. But it's unlikely that the OWS movement will officially recognize BTC as the solution to any problems.
legendary
Activity: 2053
Merit: 1356
aka tonikt
Most of the OWS people probably don't see Bitcoin as a solution to the problem.
The problem, as I see it, is financial institutions stealing money from the people and getting away with it.
Bitcoin gives no guarantee to solve this issue.

Though, of course the way it gets created gives a great benefit to the people, over the traditional money.
But I don't think the majority of OWS protestors understands that - maybe not yet, maybe never, maybe it doesn't matter who creates the money and only matters who has them...

IMO, if Bitcoin will ever get adopted to the public sector, it will rather be by the bankers. After they run out of traditional money, they will adopt any currency out there to keep the institutions running. They did it with gold few centuries ago, they can easily do it with Bitcoin, especially when their times turn bad.
OWS protesters are not focused to care about money - banks are. So despite of being a big fan of Bitcoin, I would keep Heaven out of the equation Smiley
legendary
Activity: 1937
Merit: 1001
Because they don't really care and most of them are just there to party...
I tried several times to bring up bitcoin as an idea, but they aren't  even interested in the slightest way. (maybe some are, but i haven't met them)
sr. member
Activity: 392
Merit: 250
Noticed about a month ago that there was thread on this Forum to accept donations for OWS , but then no more news.

Are these 2 movements not perfectly suited for the other?

We the 99% are fed up with big banks and government controlling our financial destinies. Bitcoins should be the perfect answer to this tyranny of centralized currency.

Why are there not more news stories about Bitcoin in light of the nascent OWS Movement?

Thoughts? Suggestions???

SJ


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