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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13707. (Read 26713953 times)

hero member
Activity: 824
Merit: 712
Blaming capitalism for the mess the governments have created.

top government people and top business people are... the same.

and the big corps are decidedly bad actors in the whole situation

Many feel, mistakenly in my opinion, that government needs to exist as a counter to corporate power.  They tend to cling to the fiction that government is an actual civic authority and not already hopelessly captured by the very corporate entities they, rightly, fear.

Corporate power and government power both stem from unsound money. If the whole world used the same hard money (bitcoin), corporations and government worldwide would have to prove their worth to secure funding and live within their means to pay their debts.

In a world of easy money controlled by the government and corporations, human nature will always lead to corruption and greed.

The fix is coming and the fix is bitcoin as the world's single reserve currency. Any country not backing their money with bitcoin in 20 years will see their own currency hyper inflate.

It could very well be that the first countries to do so will end up being the worlds new superpowers just like the US became after the dollar became the world's reserve currency.

I see nothing to take issue with in that.

I was merely elucidating the "progressive" viewpoint.  Many on the left are genuinely good people, fighting the great power as they understand it, with the tools they think they have.  True lovers of liberty would do better to educate than to deride.

I understand. I'm just pointing out that the differences between left and right are only possible because of unsound money. The whole debate and the differing views can only be possible in a world of unchecked power made possible by unsound money. All of the fighting between left and right would likely be mute if the world used the same hard money.

The free market would decide the demand for government services and corporations. When everyone competes fairly for limited resources, the only way to survive as a government service or private service is to provide true value that people demand their money be used for.
legendary
Activity: 3794
Merit: 5474
...until the govt tries to tax you for just breathing...



isn't that pretty much exactly what obamacare is?

Yeah pretty much. Another tax subsidy on the middle class proletariat to pay for those with poor health, and those unwilling to better their health. The wealthy elite and politicians don't have to pay anything. And the corrupt insurance companies and drug companies still get to overcharge and prosper.

But when premiums finally hit an unaffordable ATH and Average Joe can't afford to carry health insurance anymore, it will implode one day. The implosion has already begun.
STT
legendary
Activity: 4102
Merit: 1454
Lots of barts.  Reversion to mean more then any breakout move seems to be the case still



Quote
It is still 100% impossible to create a decentralized digital currency, i.e. anything remotely resembling a Nash equilibrium instead of just a power vacuum to be completely monopolized.
Oh what basis is it broken, I thought Nash was about game theory in competitive markets which would include variation not the idea of perfection or declaring impossible absolutes

legendary
Activity: 2520
Merit: 3038
As I said already, we might go below 7k by the weekend. All regular, don't freak out. Hodl tight and btfd if you can. Conservative buys are advised: we might go a bit lower before the bears are done.
sr. member
Activity: 696
Merit: 439
Looks like it's going down.
legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
Ok guys. DO YOU HAVE YOUR ROCKET PICTURES READY???

Are you feeling okay?
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
Blaming capitalism for the mess the governments have created.

top government people and top business people are... the same.

and the big corps are decidedly bad actors in the whole situation

Many feel, mistakenly in my opinion, that government needs to exist as a counter to corporate power.  They tend to cling to the fiction that government is an actual civic authority and not already hopelessly captured by the very corporate entities they, rightly, fear.

Corporate power and government power both stem from unsound money. If the whole world used the same hard money (bitcoin), corporations and government worldwide would have to prove their worth to secure funding and live within their means to pay their debts.

In a world of easy money controlled by the government and corporations, human nature will always lead to corruption and greed.

The fix is coming and the fix is bitcoin as the world's single reserve currency. Any country not backing their money with bitcoin in 20 years will see their own currency hyper inflate.

It could very well be that the first countries to do so will end up being the worlds new superpowers just like the US became after the dollar became the world's reserve currency.

I see nothing to take issue with in that.

I was merely elucidating the "progressive" viewpoint.  Many on the left are genuinely good people, fighting the great power as they understand it, with the tools they think they have.  True lovers of liberty would do better to educate than to deride.
member
Activity: 252
Merit: 12
legendary
Activity: 2702
Merit: 2053
Free spirit
The Mining Hardware Wars... oh it's on like Donkey Kong!

https://twitter.com/ynakamura56/status/1003908868114509824


Don't much like this

"Reservations start June 6, ships by Oct end"

We already saw the dif explosion, by the time you actually get this (not it is shipped) will it even be worth it?

Where is the ROI?

hero member
Activity: 824
Merit: 712
Blaming capitalism for the mess the governments have created.

top government people and top business people are... the same.

and the big corps are decidedly bad actors in the whole situation

Many feel, mistakenly in my opinion, that government needs to exist as a counter to corporate power.  They tend to cling to the fiction that government is an actual civic authority and not already hopelessly captured by the very corporate entities they, rightly, fear.

Corporate power and government power both stem from unsound money. If the whole world used the same hard money (bitcoin), corporations and government worldwide would have to prove their worth to secure funding and live within their means to pay their debts.

In a world of easy money controlled by the government and corporations, human nature will always lead to corruption and greed.

The fix is coming and the fix is bitcoin as the world's single reserve currency. Any country not backing their money with bitcoin in 20 years will see their own currency hyper inflate.

It could very well be that the first countries to do so will end up being the worlds new superpowers just like the US became after the dollar became the world's reserve currency.
sr. member
Activity: 924
Merit: 311
#TheGoyimKnow
FWIW, Gregory Maxwell also believed that satoshi's design was fundamentally and irredeemably broken. And these are the 'geniuses' that so much of the community choose to follow.

It is broken.  He even said it was impossible to create a decentralized digital currency before bitcoin came out but got fooled by the whitepaper koolaid.  It is still 100% impossible to create a decentralized digital currency, i.e. anything remotely resembling a Nash equilibrium instead of just a power vacuum to be completely monopolized.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
JIM!

A hearty good morning to you sir!

I personally am feeling extra spunky what with the Mariners on top by 2 whole games in the AL West
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
Good morning Bitcoinland.

Sideways it is... currently $7658USD/$9885CAD (Bitcoinaverage).

As someone pointed out, sideways means rambling posts about cultural-minority and other conspiracies, and other general off-topic bullshit.

Since I think we'll have to wait a bit for rocket trains and music fests, and I don't want to hear about lame altcoins, can't we just observe the occasional wall? There's a doozey over at Stamp at the moment. Eaten or pulled?

Edit: pulled (doh!)
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
...until the govt tries to tax you for just breathing...



isn't that pretty much exactly what obamacare is?
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
Blaming capitalism for the mess the governments have created.

top government people and top business people are... the same.

and the big corps are decidedly bad actors in the whole situation

Many feel, mistakenly in my opinion, that government needs to exist as a counter to corporate power.  They tend to cling to the fiction that government is an actual civic authority and not already hopelessly captured by the very corporate entities they, rightly, fear.
legendary
Activity: 3794
Merit: 5474
Just no. There is a distinct difference between 'limited' and 'impossible'. Completely different.

Join the BCash dev team, put your money with your mouth is and prove it.

Or STFU troll.
legendary
Activity: 3794
Merit: 5474
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
Any comments on this?



What about you?  You decided to post it.  Do you have any comments?

well that doesn't make too much sense as much as i can understand what he's trying to prove.... but still, there must be some sense, guy here not simply a troll lol
basically, don't know what to say, asking for some more expert's comments Smiley

What LukeJr is saying is:

The Linux of today is not the same as the Linux 0.1 version that was Linus Torvalds "original design"
The iPhone of today is not same as the iPhone 1.0 that was Steve Jobs "original design"
The Keurig coffee maker of today is not the same as the 1.0 Mr. Coffee maker that was Vincent Marotta's "original design"
etc., etc... things need to evolve, man

Just no. There is a distinct difference between 'limited' and 'impossible'. Completely different.
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
Any comments on this?



Just Luke doing Luke. One more insane rant. What with the earth at the center of the universe, prepare for a PoW change, kill all the non-xtians, and the like.

One of crypto's more ... umm ... colourful characters, to be sure.

FWIW, Gregory Maxwell also believed that satoshi's design was fundamentally and irredeemably broken. And these are the 'geniuses' that so much of the community choose to follow.  Roll Eyes
sr. member
Activity: 1400
Merit: 347
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