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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26151. (Read 26710492 times)

member
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X is NOT Y


You do know how analogies and metaphors work, right?

That varies a lot. Today a read here a lot of analogies that worked in a popolism way.
legendary
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but basic education should be available to all, and probably at all stages in life...

See, I have absolutely no problem with that. And I certainly will not be one to stand in your way when you choose to fund it.

Why would he, if he can vote for people that force you to fund it?


Indeed.
legendary
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If you have ever heard about the multiplier effect of money, you would come to realize that distributing money in various ways... especially to poor people has much better multiplier effects than giving that money to an ever narrowing sliver of people who neither need the money NOR deserve the money.


Ignoring the moral implications of taking from one person to give to another, you are forgetting the overhead effect of the government performing such actions. Overhead which typically ends up in the pockets of... the rich.
legendary
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Self-Custody is a right. Say no to"Non-custodial"
When I was a kid, my mother could call the local doctor and he would COME TO OUR HOUSE and treat us (an unbelievable concept in America now), and he would charge us $10 for that service.  Everyone I knew was about as poor as we were, but I cannot once remember hearing someone say "Oh my God, what will we do about the medical bills?".  The mess that the American health care system is in now is another creation of our government - but again, that is a long argument that exceeds greatly the bounds of this thread.
Indeed, it was the creation of a government who traditionally considered health care not to be its concern, and therefore left it entirely to private enterprise.  As it always happens, left to its "self-regulation"  the health care market degenerated into an oligopoly, whose only concern is to maximize the revenue of their owners; who that maintains their dominance of the market by buying out the government. 

To keep the post within the topic: that is the way that the bitcoin mining network is going now.

By the way, I hope you are aware that the Government of the Distributed Libertopian Republic of Bitcoin, aka the Bitcoin Network, is currently supported entirely by the printing of new money, to the tune of ~4000 BTC/day; which means 10%/year inflation rate (in the strict sense).  As with any inflation tax, this one is taken from all those who own bitcoins.

And, by the way, it was with  those fiat bitcoins that KnC bought their Platinum membership in The Shrem Karpelès & Friends Foundation.  Can you see the pattern forming?



Your first paragraph started out by saying something sensible, and then you morphed into some stupid-ass FUD comments by making some kind of stretched analogy...

Funny how that is.    Cheesy   Cheesy Cheesy



legendary
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
X is NOT Y


You do know how analogies and metaphors work, right?
legendary
Activity: 1078
Merit: 1441
Don't let them fool ya,
Or even try to school ya! Oh, no!

We've got a mind of our own,
So go to hell if what you're thinking is not right!
Love would never leave us alone,
I am the darkness there must come out the light.

(The road of life is rocky and you may stumble too,
So while you point your fingers someone else is judging you)
Love your brotherman!

Don't let them change ya, oh! -
Or even rearrange ya! Oh, no!
We've got a life to live.

They say: only - only -
Only the fittest of the fittest shall survive -
Stay alive! Eh!

Could you be love and be loved?
Could you be love, wo now! - and be loved?

(You ain't gonna miss your water until your well runs dry;
No matter how you treat him, the man will never be satisfied.)
Say something!

 Smiley

Passin out some good vibes...

ONE LOVE


http://youtu.be/I4D_5yxlSBc


(I recommend reading Proudhon and listening to Marley at the same time for a gentle soothing balm for the mind)
hero member
Activity: 728
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In cryptography we trust
but basic education should be available to all, and probably at all stages in life...

See, I have absolutely no problem with that. And I certainly will not be one to stand in your way when you choose to fund it.

Why would he, if he can vote for people that force you to fund it?
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"


I'm a little sick of hearing about this "wealth disparity/inequality".  If the rich get 10% richer while those of us who are not rich get only 4% richer, I am ok with that - especially since "the rich" usually means people who are actually starting/growing companies and making life better for others (intentionally or otherwise), while risking their own wealth.



You are sick about hearing about wealth disparity, and you are just throwing out some random numbers to make the problem to seem, not so bad.

Also, there are a lot of assumptions in your comment concerning trickle down economics and your belief in the fallacy that if rich people get richer then they are going to reinvest a good portion of that money in the appropriate infrastructure.  that assumption is NOT correct.

If you have ever heard about the multiplier effect of money, you would come to realize that distributing money in various ways... especially to poor people has much better multiplier effects than giving that money to an ever narrowing sliver of people who neither need the money NOR deserve the money.






Are you really poorer now than you were 20 years ago?  

Sounds like you are using a small sample... and also sounds as if you are engaging in overly optimistic thinking and failing to take into account real changes in society and the deflated value of the dollar or even public services and infrastructure that is available... For example, let's say someone makes $20k per year in 1990 and $20k per year (in the equivalent of 1990 dollars in 2014); however, what are the public services that are available now versus then and what is the infrastructure now versus then and what are the number of hours worked and quality of life... IN fact, most people are NOT keeping up with the wages from the 1990s.. for equivalent job categories and skill sets.







Of all the poor souls I grew up with, very few could answer "yes" to that - and the ones that can are usually going to be victims of other problems created by the government, like the current health care system.


Sounds as if you are again speculating about the government bringing things down be providing reform to healthcare systems.  I doubt that people overall are going to be worse off b/c more people are covered by health care.  That just seems like some speculative talking point.






legendary
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Quote
By the way, I hope you are aware that the Government of the Distributed Libertopian Republic of Bitcoin, aka the Bitcoin Network, is currently supported entirely by the printing of new money, to the tune of ~4000 BTC/day; which means 10%/year inflation rate (in the strict sense).  As with any inflation tax, this one is taken from all those who own bitcoins.

Absolutely. But as ownership of Bitcoin is voluntary and you don't have to use it to pay taxes (on the threat of men with guns coming and locking you up), that's a completely free choice of those who choose to own it.
legendary
Activity: 2674
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Indeed, it was the creation of a government who traditionally considered health care not to be its concern, and therefore left it entirely to private enterprise.  As it always happens, left to its "self-regulation"  the health care market degenerated into an oligopoly, whose only concern is to maximize the revenue of their owners; who that maintains their dominance of the market by buying out the government.  


Yes, the healthcare market was completely unregulated until 2010  Roll Eyes (and now it is all fixed up, of course)
legendary
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
but basic education should be available to all, and probably at all stages in life...

See, I have absolutely no problem with that. And I certainly will not be one to stand in your way when you choose to fund it.
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Yes, it continues to amaze me how much brainpower is wasted on the internet trying to convince a SINGLE person to change their viewpoint on a topic, meanwhile absolutely nothing changes or gets changed in the real world for the hundreds of thousands of other people....    Roll Eyes

That's a naive way to view it. Anyone sensible is playing to the audience Smiley
legendary
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You are attempting to simplify and to blame the government... the problem is much more complicated, and the government is the people... so let's blame the people for allowing the education infrastructure to evolve into some baloney of complication.  The solution involves putting more of the public back into education and allowing it to serve all aspects of society rather than merely rich and merely the various forms of profit making and divide and conquer that is allowed by the various forms of complicated funding.

The answer is localization and allowing people to make choices for themselves rather than those choices being made by some huge monolithic uncaring entity. When one person messes up, it affects a few. When Government messes up, if affects millions.
legendary
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Self-Custody is a right. Say no to"Non-custodial"




Yes, it continues to amaze me how much brainpower is wasted on the internet trying to convince a SINGLE person to change their viewpoint on a topic, meanwhile absolutely nothing changes or gets changed in the real world for the hundreds of thousands of other people....    Roll Eyes

Name that "SINGLE" person who has a view that differs from everyone else on the internet?  Do you have any "SINGLE" person in mind or are you still thinking about it? What about the viewpoint?  Do you have a summary of the viewpoint that you would like to present?  Which side is right?  Yes, there is a lot of variations in viewpoints, too..

By the way, if you had NOT notices, there are a lot of people (on the internet) with a lot of variations in viewpoints, and sometimes even those various people change their minds from one posting to the next based on their working through their posting(s) or by reading the ideas of other posters.
legendary
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legendary
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Yes.  It seems that over the years, the government has allowed too much privatization (and money making) of the public good which is various aspects of the education infrastructure.

Yes, the government picks winners and appropriates the wealth of others to apportion to its favorites. This is an argument for reduced government, not more.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
so wall observing became boring and we talk about... taxes???  Huh



Finally JayJuanGees wet dreams became true.


 Cheesy                 NOT!! 


I am fine with talking about walls, too....     Look at those walls:    Prices went from $499 to $516 and back to $510 in the last 24 hours... Whoa!!!!!   ZZZAAAA!!!!  currently hovering in the $510 range, as I type..   Whoa!!!!!   ZZZAAAA!!!!




sr. member
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English Motherfucker do you speak it ?
Haha we already starting to go down. This is too easy to see that we are going down now, shorting just went mainstream. Lol e
legendary
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