Topic: -- The Riddle of the Twin Brothers - Who Were, Are and Will Rule the World! - page 262. (Read 383571 times)

If I write down my name on a piece of paper.  

Legal to sell.  (just need some fool wanting to buy my penmanship)

If I write down a string of random numbers.  Then

"We are going to need to see some ID and registration tags."

the interpretation of Law has become a open joke

You can not sell keys to locks, because?

You can not sell numbers, because?

I think we'll have massive change next year and massive adoption as well so we'll know in the next 12 months if I'm right or just, like you say, tripping a notch too hard.

I hope I'm wrong about this but it seems all too clear to me.

Cheers!


Edit:  I would be Buying iXcoin at this level if I had the cash - everyone is underestimating CEX.io.

and buy ixcoin now or what?

honestly you are tripping a bit too hard because bitcoin is private money we can still trade it person to person. Exchanges are not needed especially not in bigger cities and if papercash goes down we trade with metal. Pretty simple. If they ban metal after they inflate cash they will have mayor problems staying in power.

Vlad, i respect you but you are tripping a notch too hard.

It'll take them 3 generations minimum to get everyone in crypto especially since the surveilance becomes so obvious so early in the game. If i tell my friends how much surveilance they want in crypto they are not going to touch it.

I find it far more likely crypto is regulated to death and fades since average Joe will refuse to get involved. People will live off their own garden and not use money at all.

Exchanges will be forced to follow government regulations and those that don't will be raided and shut down in a day.

And once mandatory ID law is passed nobody will sell to you and risk a felony when they can easily sell legally.

It won't be as easy as you think given. Bitcoin is designed to be centralized and NOT anonymous.  You're used to dealing with anonymous and decentralized cash so you need to start thinking differently which is the reason I think most people don't quite get yet just how oppressive this tech is and how there will be no way around it once it reaches critical mass and the proper laws are passed.

Every transaction will be tracked in the blockchain and nobody is gonna risk prison given their sale to you can always be tracked and inspected for foul play.  That's simply too much risk for most people to ever deal with.

Like I said, enjoy paper cash while you still can, once it's gone it's never coming back.

well, i can only speak for myself, but it is not going to happen. If i need to i'll stand next to a btc-atm and sell and buy in person. They can honstly suck their selfies. Exchanges demanding that won't have any buisiness. They will be replaced in a day.

That's only the beginning.  Soon you'll need a government selfie plus biometrics just to access your wallet.

So much for Bitcoin is anonymous.  Ahahahaaa


And I personally think they'll eventually do some sort of DNA ID system but I could be wrong about that.  And you'll eventually have what I call, one single "Life-Wallet" which you are born with and die with and nobody else can ever access it, which will hold all of your currency, salaries, assets, etc., which is why a DNA ID system makes perfect sense.

So much for Bitcoin is decentralized.  Hahahaaaa.



And all these idiot "experts", like Andreas Antonopoulos, think people are simply not gonna do it.  They'll just go to a different coin or fork Bitcoin or simply refuse and go on without compliance.

To that notion - all I have to say is:   Hahahaaaa.


Observe how nobody is fighting the current creeping regulation, especially not the fat cat experts:  on taxes, exchanges demanding identification, etc.  That's exactly how it's gonna be - all the experts are gonna keep quiet cause they're gonna be even fatter by then and they'll swiftly slip into the "sublime status-quo slipstream", like the phoney, ignorant, doublespeak frauds they have always been.

Enjoy the final death throws of paper fiat - the last bastion of freedom for the serfs.

all of a sudden all exchanges want selfies with id from me. It's just not going to happen.

Something funny crossed my mind recently and it's a very obvious FACT yet I doubt many people realize or ever think about it.

Besides the useful nature GATT has for banks, corps and especially governments, there is one more huge feature designed into the heart of the Bitcoin protocol which is of benefit to any and all power hungry governments, banks and corporations.

And that is the FACT that every Bitcoin is absolutely and completely ultra centralized.  From the moment of inception every single Bitcoin is born inside the blockchain (bloc) and it NEVER NEVER NEVER leaves.  It cannot leave BY DESIGN.

Thank you Satoshi for designing the most centralized asset/currency system.

So I find it hilarious that all these decentralized preachers create these passwords and private keys and massive vaults to hold ABSOLUTELY NOTHING.  Your paper wallet, your private key, your vault holds nothing more than an account number:  That's it.   The actual Bitcoins NEVER leave the bloc, they simply move around the bloc from one address to another.

So is it hard to imagine the creation of a Backdoor into everyone's wallet, given the government's unlimited power and resources?  And is it hard to imagine millions of [forever] lost Bitcoins being secretly found by them given all those coins are and will always be inside the bloc?

How is that for a supposed decentralized currency?  This is an even bigger lie than their Anonymous lie of the past 4 years.  

And now they wanna add all our assets into the bloc so nothing you own will ever be private, free or mobile ever again.  And people think this is a wonderful "feature".  Haha.

"Satoshi" is probably laughing his ass off watching people run around with their secret passwords and private keys like children hiding behind their own hands thinking nobody can see them.  Haha!

No, saw it via my zeroblock app. 

Well, here, I'll try to paste a link from the app.  The guy who posted it is Scotty321.



http://www.reddit.com/r/Bitcoin/comments/2ci5mb/bitcoin_is_not_the_answer_for_micro_transactions/

interesting post do you have the reddit link? Curious to see discussion centered around this

A little math since even now most "experts" don't seem to get it.  This is a real life example someone recently had which was posted on reddit which clearly shows what I've been saying.


"With a .0001 BTC required transaction fee for all transactions under .01 BTC, that amounts to a 6% transaction fee (at today's exchange rates) for a $1 USD transaction. And that equates to a 12% fee for a $.50 USD transaction. These fees are significantly higher than credit card fees, Paypal fees, Western Union fees, and even foreign exchange rate fees."

"A few days ago, I didn't realize any of this information (i.e. the required fees), so I tried to send $1 worth of BTC to a friend WITHOUT a transaction fee to show him how "amazing" this new technology is. Turns out to be not very amazing at all, because the transaction never confirmed because of the lack of the transaction fee. Worst of all, there seems to be nothing I can do about it... I can't even add the 6% fee to it now, in order to get it confirmed!"

At $1,200 per Bitcoin these fees will double. At $10,000 [which should come next year] these fees will go up by nearly 20 fold.  They cannot lower these fees anymore and they have actually been raising them to help get the blocks confirmed.

What this means is that in the next 12 months Bitcoin will not be usable for any transactions under ~$20 which are probably ~90% of the transactions in the world.  

Add to this the transactions per second limit/problem Bitcoin cannot overcome and you can see Bitcoin is in serious trouble and will need a "helper" very very soon - like in the next few months.

Short term they'll add multiple currencies, like LTC, Doge [and a few others] to payment processors [like BitPay and Coinbase] to help pick up the extra (cheaper) volume.

But those currencies are lacking in many ways, especially when it comes to security.

So it's amazing to me that not even now can these so called experts see what's really going on with Bitcoin and iXcoin.

Should be a very interesting 2nd half of the year this year.

It's interesting how a person can become 'prisoner' to their own strengths.  Bitcoin is disruptive. Even the smoothest transition to a global crypto-economy will be jarring.

The idea is to push people into the blockchain, not squeeze them out.

That's what the ETF will facilitate.  Everybody's pensions will go into the blockchain starting next year, and that's just the beginning.

such a sad world we livin in
but its exactly my fear, that the govs and banksters wont just let go.. ie slowing down bitcoin acceptance and hiding and minimising its true power so they can grab it all first and squeeze people out of it as much as they can.

Amir Taaki would be 100% correct if we lived in a free and fair society.

But we don't, never have - the fed, the bankers and the world governments are not just gonna roll over and cede power and control to a bunch of nobodies.  And they're not simple reactionaries but rather plan and plot a course of action many years ahead of time.

And it was visible that paper fiat was dying well over a decade ago so to think they had no plan is childish and absurd.

Other than that, Amir's heart is in the right place, and I personally like him, but his fight is futile - he is fighting a mountain ablaze which cannot be extinguished by any earthly force. 

Bitcoin will transfer and redistribute all the wealth on earth and the crypto which replaces Bitcoin [after its job is done] will enslave all the people of the earth. 

Period.

alright thx i kinda balance between these two views.
but i am no fan of the anatonop dude, i prefer amir taaki's anarchy theory

Not at all.

The exact opposite will happen.  They will do all they can to speed up mass adoption using the greed/fear strategy I outlined in this thread.

The govt wants Bitcoin and crypto to go into full effect ASAP, not in a decade.  The biggest reason is that the dollar, euro, yen, etc., Are dead and they badly need a replacement NOW.

Bitcoin kills 2 birds with 1 stone. It will usher in the new fiat, digital fiat 2.0 under the guise of a free decentralized currency by the people for the people and at the same time [and this is very important] they can blame the death of paper fiat on Bitcoin and people will cheer (like idiots) and be happy, thinking they killed the fed when really they just empowered the fed with unimaginable powers over the idiot masses, not realizing that the governments of the world are the ones who killed fiat with their greed and reckless spending.

So we're gonna have a massive global reset and people will be rejoicing instead of rioting.  But don't worry, the global riots will come, AFTER Bitcoin robs the entire planet and collapses under its own greed driven weight.

So Bitcoin will go to mass adoption next year, bet on that and the govt will help it [greatly], not impede it which is why the govt will grant Bitcoin the public ETF license [in record time].  Read up on the diamond ETF application, 4 years now and still no ETF license.  lol.

You need to forget everything you ever heard from Bitcoin "experts" like Andreas Antonopoulos cause those muppets have, for years, fed the masses NOTHING but massive misinformation.

Watch what happens starting early next year after the Bitcoin ETF and tell me if Bitcoin appears to be hindered in any way as it blows past $10,000 or if it's gonna take more than 2-3 years for mass adoption to be COMPLETED.


Buy all you can now and do NOT sell until well after the ETF license is granted.

you misunderstood, i was more thinking about the current economical system such as how the governments and other FED/IMF/ECB will try to sustain their failure, extinguishing fires as they arrive and for a longer period of time than 2-3 years, slowing even more bitcoin's boom.

they're going to keep the change/face for at least a decade i think. putting as much spoke in bitcoin's wheel as they can.

What issues are you referring to that need to be fixed?

All the ones I've read about and thought about have a good fix already, just waiting for implementation.

you seem pretty sure about that, although i'd love this prophecy to happen, i am quite afraid of the current system's ability to "fix" issues and make this cycle end even more slowly and painfully.