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Topic: We should not try to get legality for Bitcoin... - page 2. (Read 3092 times)

legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
Interesting, after the megacorporations, the private military companies. International companies, not bound by the limits of nations and governments

This quote finally becomes true:

Quote
And when at last it is time for the transition from megacorporation to
planetary government, from entrepreneur to emperor, it is then that the
true genius of our strategy shall become apparent, for energy is the
lifeblood of this society and when the chips are down he who controls
the energy supply controls Planet. In former times the energy monopoly
was called "The Power Company"; we intend to give this name an entirely
new meaning.

-- CEO Nwabudike Morgan,
"The Centauri Monopoly"
full member
Activity: 154
Merit: 100
Citation from the last conference material (http://shadowlife.cc/files/btcotc.pdf (slide #18)):

Quote
We should not try to get legality for Bitcoin, we should not ask the state to resolve conflicts in the community.

What should we do then?

I can see why people hoarding lots of bitcoins do not want to check the exact status of what they own. If, for example, bitcoins are deemed worthless by a US judge, those persons have a lot to lose if they are not able to sell their "fortune" before the panic starts. This is precisely why even people who lost a lot of money with pirateat40 still haven't sued him.

However, small bitcoin owners and newcomers have a real interest in having the status of bitcoins tested and clarified before they buy more bitcoins. But since those people also have lost nothing or not much in the various scams, because they had less to invest to begin with, they are unlikely to press charges.

Having the status of bitcoins clarified in a major country could seal the destiny, good or bad, of bitcoin as a currency. However, it looks like people with large bitcoin wallets are not confident enough that the outcome would be pleasant Smiley
hero member
Activity: 812
Merit: 1006
Fixed: We should not try to get legality for Bitcoin, because using bitcoins is already legal.

In any civilized country it is legal to trade using any tools suitable for it (barter is also legal in about every country, if you pay taxes).
hero member
Activity: 952
Merit: 1009
Private Military Company
Call it the NSS (Not Sure if Serious)

I was thinking more along the lines of BitForce Gamma (BFG)


Private Military Company

Operating globally ? Do you need a Partner ?

We will certainly entertain applications from all nations, races or religions (except vegetarians).
legendary
Activity: 2271
Merit: 1363
Private Military Company

Operating globally ? Do you need a Partner ?
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
Private Military Company
Call it the NSS (Not Sure if Serious)
hero member
Activity: 952
Merit: 1009
Private Military Company
legendary
Activity: 2142
Merit: 1010
Newbie
What does PMC stand for?
hero member
Activity: 952
Merit: 1009
Citation from the last conference material (http://shadowlife.cc/files/btcotc.pdf (slide #18)):

Quote
We should not try to get legality for Bitcoin, we should not ask the state to resolve conflicts in the community.

What should we do then?

I am in the process of setting up a bitcoin based PMC for conflict resolution.
legendary
Activity: 2142
Merit: 1010
Newbie
Citation from the last conference material (http://shadowlife.cc/files/btcotc.pdf (slide #18)):

Quote
We should not try to get legality for Bitcoin, we should not ask the state to resolve conflicts in the community.

What should we do then?
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