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Topic: The difference between government instituted currencies and Bitcoin is huge. - page 3. (Read 5109 times)

legendary
Activity: 1246
Merit: 1016
Strength in numbers
a lot of you are missing the point. It's not about if Bitcoin will fail from a technical standpoint. Technically, like they used to say about the United States, it cannot fail. but I don't think that's really why I made this thread... Just reflecting, the real concern is what security the little guy has. Clearly he has none because the community as a whole is as a said, a bee hive. The 51% concept applies everywhere. The 49% lose. The minority has no security. If I think differently, I'm expelled. and yes I do think differently.. I think that if I have a problem here, no one is going to help me. It's every man for himself from the bottom to the top or vice versa. It's nothing about true community. There is no trustworthy backbone.

What do you need help with? People are really pretty helpful here.

The little guys comprise muck more than 49% so I think you must be confused.
member
Activity: 112
Merit: 10
a lot of you are missing the point. It's not about if Bitcoin will fail from a technical standpoint. Technically, like they used to say about the United States, it cannot fail. but I don't think that's really why I made this thread... Just reflecting, the real concern is what security the little guy has. Clearly he has none because the community as a whole is as a said, a bee hive. The 51% concept applies everywhere. The 49% lose. The minority has no security. If I think differently, I'm expelled. and yes I do think differently.. I think that if I have a problem here, no one is going to help me. It's every man for himself from the bottom to the top or vice versa. It's nothing about true community. There is no trustworthy backbone.
legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
OP - Bitcoin is important because, for the first time ever, individuals get 100% control over their own money. It is important because it gives the individual financial privacy and power, regardless of how many large organizations seek to take that power away. With Bitcoin, I command wealth which no government or corporation can counter. This is intensely powerful stuff, and I encourage you to ponder on its ramifications for a while.

If you prefer to let other people control your money (whether the creation of it, the storage of it, or the transfer of it), then you will likely not find significant value in Bitcoin.
legendary
Activity: 1246
Merit: 1016
Strength in numbers
Who exactly owes me for stolen cash?

If anything, the point you mention is a similarity with cash.
legendary
Activity: 1304
Merit: 1015
OP, read this.  It will explain why you need to get into bitcoin:

Bitcoin  - The Libertarian Introduction
http://evoorhees.blogspot.com/2012/04/bitcoin-libertarian-introduction.html
hero member
Activity: 702
Merit: 503
When you have a problem with your Bitcoin, YOU are responsible.
+1 Besides the response above, it's a waste of time for us to even respond to this same worn-out argument, and so many others, which have been debated and redebated here.

It's much more useful to spend the time interacting with your significant other, than pouring the same old thing from the void into the vacant with the likes of the OP...

Just keep using B, if you think it's beneficial to you, and let B speak for itself. Time will tell who's right and wrong...  Cool


legendary
Activity: 1304
Merit: 1015
OP is a troll.  Ranting on bitcoin in a bitcoin forum to get attention.  When bitcoin becomes $100 a coin I will be laughing.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
The USD has devalued 98% in the last 99 years. Bitcoin has grown exponentially in 3.5 years. At the current rates, the USD will eventually become almost worthless and BTC will become almost priceless.
legendary
Activity: 980
Merit: 1004
Firstbits: Compromised. Thanks, Android!
I'm sorry Bitcoiners.. this is not going to work out logically for you.

Fine. Your opinion is noted.

See ya.
cst
member
Activity: 110
Merit: 10
The Cosmos doesn't care about you.
More importantly, don't give up. If you are sincere then you will realize that in order to sway others you must first learn to make flexible your own trunk. ;p  By that I mean to say that you just have to adjust your angle of approach in your discussion. Eventually, if what you are saying is not completely crazy people will come around and have a normal, human type talk with you.

cheers

I hope they don't step on me before I develop that skill, as there is already one such American hating example in this thread. With that hatred will I ever be able to thrive?

Or maybe it's just destiny for opinions to be incommunicable. We're all coming from different directions with different goals. Which is why I tried to state my opinion as objectively and clearly as I knew how. Well, it wasn't good enough according to you but at least I tried right? No one is perfect.

So what exactly is your opinion? That Bitcoin will fail? We already got that. If that's it, just move on, because you're not going to convince anyone here.
BTW, I don't think your personal opinion can be objective, as it's "tainted" by YOUR perceptions, knowledge etc...
member
Activity: 112
Merit: 10
That's the point of the United States' checks and balances of power.

What checks and balances of power?

The ones that are bought and influenced by special interest groups called humans conning other humans. It's inevitable.

There world is spiraling into chaos and reason is slowing it down. but you cannot reason with the unreasonable. inevitably, you will make a mistake in judgement, thinking you can. Like for example, electing Obama for president was a mistake in judgement I would say. he was hoping to be president and he got his dream. What did we get? nothing.
legendary
Activity: 1078
Merit: 1003
That's the point of the United States' checks and balances of power.

What checks and balances of power?
member
Activity: 112
Merit: 10
If people are such assholes why would you want them to rule over you in government?

Logical fallacy.

Well, you don't. That's the point of the United States' checks and balances of power. You want them to do what they CAN do, and not step out of line with their egotistic superman or superwoman imagination.
hero member
Activity: 686
Merit: 500
Wat
If people are such assholes why would you want them to rule over you in government?

Logical fallacy.
member
Activity: 112
Merit: 10
More importantly, don't give up. If you are sincere then you will realize that in order to sway others you must first learn to make flexible your own trunk. ;p  By that I mean to say that you just have to adjust your angle of approach in your discussion. Eventually, if what you are saying is not completely crazy people will come around and have a normal, human type talk with you.

cheers

I hope they don't step on me before I develop that skill, as there is already one such American hating example in this thread. With that hatred will I ever be able to thrive?

Or maybe it's just destiny for opinions to be incommunicable. We're all coming from different directions with different goals. Which is why I tried to state my opinion as objectively and clearly as I knew how. Well, it wasn't good enough according to you but at least I tried right? No one is perfect.
hero member
Activity: 504
Merit: 500
More importantly, don't give up. If you are sincere then you will realize that in order to sway others you must first learn to make flexible your own trunk. ;p  By that I mean to say that you just have to adjust your angle of approach in your discussion. Eventually, if what you are saying is not completely crazy people will come around and have a normal, human type talk with you.

cheers
hero member
Activity: 938
Merit: 1002
Is this your informal petition to censor my opinion?

No one is censoring you. By choosing to focus on responding to non-arguments, you are censoring yourself. Smiley
hero member
Activity: 504
Merit: 500

Is this your informal petition to censor my opinion?

Who else will follow suit? I know that's how things work on the internet... Pretty scary that this is what you paint as liberation. but it's nothing new, America is the same false promise which ended up being just another inhabitance of the most corrupt individuals in our society.

How is Bitcoin safer than the governments who are above the little guy, abusing them?

no one is censoring you...... Not liking what someone has to say does not equal censorship.

And no one has any personal opinions of you because they don't know you. Any attacks against your writing are because of what you're writing.  I think it's great you have such a strong opinion. But in order to have an effecive debate or discussion. Especially one where you wish to convince others of the validitity of your side, you have to do a bit more research into both sides of the arguement.  I'd highly siggest reading the link that was posted early. I believe it was for http://mises.org
sr. member
Activity: 476
Merit: 250
The first is by definition not flawed.
When you have a problem with your US Dollar, SOMEONE is responsible.
When you have a problem with your Bitcoin, NO ONE is responsible.

"Ok" you say. "What's your point?".. **WHOA**

To think I would make a thread without a point.. to troll.. to draw attention toward myself... Is that goal merely all I sought in sharing this opinion?

NOPE.

This is a HUGE observation.

BITCOIN is a currency that has NO CENTRAL AUTHORITY. This you might know, as most do, but do you know really what this implies and how this is NOT to your benefit?

Now you can respond and say I'm crazy, or you can actually think it through. Is this really better?

If government and people were ONE... the US dollar would be perfectly fine.. but BITCOIN being the solution? No I can't imagine that. I'm so sorry. You personally might be finding a use for it but that does not justify it on the level I am speaking.

Think about this: If the United States is failing, how is Bitcoin going to succeed? and why does the United States fail? because the people are failing. The very people you trust to manage their own Bitcoin based world. People will always be people! Bitcoin is no exception.

There *ALWAYS* need to be someone or something responsible for everything.. Bitcoin is chaos. The United States is Chaos. Why? Because people are Chaos and do not generally look for collective solutions unless a shallow inward incentive is sold to them. A shallow interpretation of freedom is that very incentive peddled upon the ignorant majority, employed/preached in every system doomed to fail.

I'm sorry Bitcoiners.. this is not going to work out logically for you.

Is it not even more complicated? The one you deem dollar responsible: Can he push the responsibility to the next person if he fucks up?
Can he fuck up with intention and then push responsibility?
Can the one who gets responsibility continue that schema. Or assume that it is ought to be this way?

It seems that the general discussion here is centralisation versus decentralisation which is as good for a debate as christians versus atheists.
Or am I off point?

No, the united states failing is by no means shure, nor that it would be a succees for bitcoin.
Personally I suggest you can already see how bitcoin is a success. I do not see it requiring any special size for it to be a success.

Bitcoin is not just chaos. It is self organizing chaos. Best solution to a problem will prevail. It is the best solution for the moment or it will be replaced as part of the problem. I see that this can be somewhat a article of faith. But so is any centralized goverment.
The funny part is that it is not mutually exclusive. At some point in the future i will have to seriously ask myself:
Is bitcoin running ontop of a centralized world or is a centralized world running ontop of bitcoin.
member
Activity: 112
Merit: 10
When you have a problem with your US Dollar, SOMEONE is responsible.
When you have a problem with your Bitcoin, NO ONE is responsible.

"Ok" you say. "What's your point?".. **WHOA**

To think I would make a thread without a point.. to troll.. to draw attention toward myself... Is that goal merely all I sought in sharing this opinion?

NOPE.

This is a HUGE observation.

BITCOIN is a currency that has NO CENTRAL AUTHORITY. This you might know, as most do, but do you know really what this implies and how this is NOT to your benefit?

Now you can respond and say I'm crazy, or you can actually think it through. Is this really better?

If government and people were ONE... the US dollar would be perfectly fine.. but BITCOIN being the solution? No I can't imagine that. I'm so sorry. You personally might be finding a use for it but that does not justify it on the level I am speaking.

Think about this: If the United States is failing, how is Bitcoin going to succeed? and why does the United States fail? because the people are failing. The very people you trust to manage their own Bitcoin based world. People will always be people! Bitcoin is no exception.

There *ALWAYS* need to be someone or something responsible for everything.. Bitcoin is chaos. The United States is Chaos. Why? Because people are Chaos and do not generally look for collective solutions unless a shallow inward incentive is sold to them. A shallow interpretation of freedom is that very incentive peddled upon the ignorant majority, employed/preached in every system doomed to fail.

I'm sorry Bitcoiners.. this is not going to work out logically for you.

It's been nice knowing you (not).
Don't let the door hit you in the ass on your way out.


Is this your informal petition to censor my opinion?

Who else will follow suit? I know that's how things work on the internet... Pretty scary that this is what you paint as liberation. but it's nothing new, America is the same false promise which ended up being just another inhabitance of the most corrupt individuals in our society.

How is Bitcoin safer than the governments who are above the little guy, abusing them? This is what I cannot see. Sorry if this offends anyone. I cannot see the true value in this operation at all.
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