You know what I find the most disturbing about the bitcoin community?

Phinnaeus Gage

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Quote from: Chet on April 25, 2013, 11:55:07 PM

Quote from: Rodyland on April 25, 2013, 11:51:57 PM

Oh my, I feel such a fool! It's like a shroud has been lifted from my eyes and I see sense for the first time in years! You have changed my mind with the sheer force of your formidable logic and intellect.

You are my saviour lm2f! I don't know how to thank you!

I am in awe, my eyes are opened at last.

Kiss

...or, "Sokath - his eyes uncovered."

myrkul

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FIAT LIBERTAS RVAT CAELVM

Quote from: Matthew N. Wright on April 26, 2013, 01:48:34 AM

Quote from: myrkul on April 26, 2013, 01:45:30 AM

Quote from: Matthew N. Wright on April 26, 2013, 12:44:43 AM

Quote from: myrkul on April 26, 2013, 12:31:13 AM

Quote from: Matthew N. Wright on April 26, 2013, 12:20:48 AM

It is highly impractical to spend gold to buy things.

Well, I guess that explains why it was used as the world's currency for thousands of years. Thank GOD, fiat came along and fixed that horrible situation.
Matt, I like you, but try not to speak out of your ass.

If you really me, help me to understand by using logical facts. I'm not going to be a dick and quite the dictionart for what "practical" means, but I'll say that your response didn't change my opinion whatsoever. I didn't say it's useless (I use it daily). I said it's impractical for various reasons still and I didn't get a counter argument to that yet, so I have no reason to assume my logic is flawed yet.

You implied that the reason bitcoin is impractical is the fact that it's essentially a digital commodity, not it's admittedly manifold other issues. Commodity money has historically been the only sound money. The primary impracticality with bitcoin is it's volatility. I feel that will taper off with time. Patience, Daniel-san. It's not, nor has it ever been impractical to buy things with gold. Eventually, it will not be impractical to buy things with Bitcoin.

Ah, so basically we're on the same page then, I was just focusing on the wrong point. Okay, then even though I still think it's impractical to carry around gold, I will remove that as one of my arguments and focus on volatility, requirement for "mining", ease of price manipulation, multiple major points of social failure (mtGox, Github, etc) instead. hehe.

Most of which will fade as the community and economy grows, and the only one of those that won't go away, I view as a feature, not a bug, so.... *shrug* (seriously, though, we need to focus on decentralizing the currency exchange thing. That really should be priority one right now. That will help greatly with eliminating volatility, manipulation, and a major point of failure.)

Matthew N. Wright

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Quote from: myrkul on April 26, 2013, 01:45:30 AM

Quote from: Matthew N. Wright on April 26, 2013, 12:44:43 AM

Quote from: myrkul on April 26, 2013, 12:31:13 AM

Quote from: Matthew N. Wright on April 26, 2013, 12:20:48 AM

It is highly impractical to spend gold to buy things.

Well, I guess that explains why it was used as the world's currency for thousands of years. Thank GOD, fiat came along and fixed that horrible situation.
Matt, I like you, but try not to speak out of your ass.

If you really me, help me to understand by using logical facts. I'm not going to be a dick and quite the dictionart for what "practical" means, but I'll say that your response didn't change my opinion whatsoever. I didn't say it's useless (I use it daily). I said it's impractical for various reasons still and I didn't get a counter argument to that yet, so I have no reason to assume my logic is flawed yet.

You implied that the reason bitcoin is impractical is the fact that it's essentially a digital commodity, not it's admittedly manifold other issues. Commodity money has historically been the only sound money. The primary impracticality with bitcoin is it's volatility. I feel that will taper off with time. Patience, Daniel-san. It's not, nor has it ever been impractical to buy things with gold. Eventually, it will not be impractical to buy things with Bitcoin.

Ah, so basically we're on the same page then, I was just focusing on the wrong point. Okay, then even though I still think it's impractical to carry around gold, I will remove that as one of my arguments and focus on volatility, requirement for "mining", ease of price manipulation, multiple major points of social failure (mtGox, Github, etc) instead. hehe.

myrkul

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FIAT LIBERTAS RVAT CAELVM

Quote from: Matthew N. Wright on April 26, 2013, 12:44:43 AM

Quote from: myrkul on April 26, 2013, 12:31:13 AM

Quote from: Matthew N. Wright on April 26, 2013, 12:20:48 AM

It is highly impractical to spend gold to buy things.

Well, I guess that explains why it was used as the world's currency for thousands of years. Thank GOD, fiat came along and fixed that horrible situation.
Matt, I like you, but try not to speak out of your ass.

If you really me, help me to understand by using logical facts. I'm not going to be a dick and quite the dictionart for what "practical" means, but I'll say that your response didn't change my opinion whatsoever. I didn't say it's useless (I use it daily). I said it's impractical for various reasons still and I didn't get a counter argument to that yet, so I have no reason to assume my logic is flawed yet.

You implied that the reason bitcoin is impractical is the fact that it's essentially a digital commodity, not it's admittedly manifold other issues. Commodity money has historically been the only sound money. The primary impracticality with bitcoin is it's volatility. I feel that will taper off with time. Patience, Daniel-san. It's not, nor has it ever been impractical to buy things with gold. Eventually, it will not be impractical to buy things with Bitcoin.

Matthew N. Wright

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Quote from: myrkul on April 26, 2013, 12:31:13 AM

Quote from: Matthew N. Wright on April 26, 2013, 12:20:48 AM

It is highly impractical to spend gold to buy things.

Well, I guess that explains why it was used as the world's currency for thousands of years. Thank GOD, fiat came along and fixed that horrible situation.
Matt, I like you, but try not to speak out of your ass.

If you really me, help me to understand by using logical facts. I'm not going to be a dick and quite the dictionart for what "practical" means, but I'll say that your response didn't change my opinion whatsoever. I didn't say it's useless (I use it daily). I said it's impractical for various reasons still and I didn't get a counter argument to that yet, so I have no reason to assume my logic is flawed yet.

myrkul

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Activity: 532

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FIAT LIBERTAS RVAT CAELVM

Quote from: Matthew N. Wright on April 26, 2013, 12:20:48 AM

It is highly impractical to spend gold to buy things.

Well, I guess that explains why it was used as the world's currency for thousands of years. Thank GOD, fiat came along and fixed that horrible situation.
Matt, I like you, but try not to speak out of your ass.

OP, I'm going to quote the genesis block. "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" That's what started it. Obama had nothing to do with it. Well, nothing that a white president wouldn't have, at any rate.

Matthew N. Wright

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Quote from: lm2f on April 25, 2013, 11:26:22 PM

So on top of bitcoins having nearly no practical uses outside of

I stopped reading right there. Until several issues (including volatility) are rectified, Bitcoin has *no* practical uses as a currency period. It's still a commodity being forced into the role of a currency. It is highly impractical to spend gold to buy things. In addition, the rest of what you said was too retarded to quote.

QuestionAuthority

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You lead and I'll watch you walk away.

Quote from: lm2f on April 25, 2013, 11:26:22 PM

Bitcoin was created in 2009, the year where president Obama was first inaugurated. The recent rally also coincided with Obama's re-election. None of this is exactly surprising when you take a look at the demographics of the bitcoin userbase. The presence black president no doubt represents the deepest fears of the paranoid, fearful, and delusional libertarians/survivalists/conspiracy theorists/other assorted weirdos and kooks who make up the vast majority of the bitcoin community. Hence the creation of bitcoins and it's sudden rise in demand when Obama was elected and re-elected.

So on top of bitcoins having nearly no practical uses outside of buying drugs, money laundering, and other highly illegal activities unsuited for proper currencies, the bitcoin userbase is also made up of bigots, racists, fearful gun nuts, paranoid survivalists, economically illiterate nitwits, delusional libertarians, and profiteering scumbags.

Not really helping to prop up bitcoin's facade of legitimacy, is it? Roll Eyes

So you mean to say this forum is made up of a representative cross section of society. Yeah, I agree with you.

Thank you for relaying this bit of insight; so few people actually post here to be truly helpful. Without your brief synopsis we would all have just wandered around in a dark oblivion of uncertainty. God bless you.

salfter

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Quote from: lm2f on April 25, 2013, 11:37:15 PM

Quote from: Chet on April 25, 2013, 11:34:41 PM

Where to begin?
Guess I really shouldn't feed the trolls but I do find the string of ad hominem annoying.
At least make an argument if you have something to say.

ad hominem is not always a fallacy. I've made it clear that this thread is about the people that make up the bitcoin community itself.

Um...actually, it is, troll. When you can't argue the facts, you attack your opponents. It doesn't do anything useful to advance your argument. It's about as useful as masturbation.

Luno

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Quote from: Chet on April 25, 2013, 11:55:07 PM

Quote from: Rodyland on April 25, 2013, 11:51:57 PM

Oh my, I feel such a fool! It's like a shroud has been lifted from my eyes and I see sense for the first time in years! You have changed my mind with the sheer force of your formidable logic and intellect.

You are my saviour lm2f! I don't know how to thank you!

I am in awe, my eyes are opened at last.

Kiss

+1 OMG, you are right. I have been radicalized too by libertarian extremists!

I came around researching Bitcoin as a small payment system, but now I'm anti government, pro international drug money, preparing to live in a bunker when the corrupt financial system in the world, lead by the US melts down throwing the world in an ancap martial arts world anarchy whe only the fittest survive. Oh wait we won't have internet then?

Chet

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Quote from: Rodyland on April 25, 2013, 11:51:57 PM

Oh my, I feel such a fool! It's like a shroud has been lifted from my eyes and I see sense for the first time in years! You have changed my mind with the sheer force of your formidable logic and intellect.

You are my saviour lm2f! I don't know how to thank you!

I am in awe, my eyes are opened at last.

Kiss

Rodyland

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Oh my, I feel such a fool! It's like a shroud has been lifted from my eyes and I see sense for the first time in years! You have changed my mind with the sheer force of your formidable logic and intellect.

You are my saviour lm2f! I don't know how to thank you!

saddambitcoin

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Quote from: lm2f on April 25, 2013, 11:26:22 PM

Bitcoin was created in 2009, the year where president Obama was first inaugurated. The recent rally also coincided with Obama's re-election. None of this is exactly surprising when you take a look at the demographics of the bitcoin userbase. The presence black president no doubt represents the deepest fears of the paranoid, fearful, and delusional libertarians/survivalists/conspiracy theorists/other assorted weirdos and kooks who make up the vast majority of the bitcoin community. Hence the creation of bitcoins and it's sudden rise in demand when Obama was elected and re-elected.

So on top of bitcoins having nearly no practical uses outside of buying drugs, money laundering, and other highly illegal activities unsuited for proper currencies, the bitcoin userbase is also made up of bigots, racists, fearful gun nuts, paranoid survivalists, economically illiterate nitwits, delusional libertarians, and profiteering scumbags.

Not really helping to prop up bitcoin's facade of legitimacy, is it? Roll Eyes

2009 has nothing to do with it. Youre probably 18

Elwar

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Quote from: lm2f on April 25, 2013, 11:48:42 PM

Quote from: Elwar on April 25, 2013, 11:45:22 PM

The correlation is that during an election season libertarians hold out the hope that the voting public will finally wake up. When they go forward and prove their hatred of freedom in the voting booth, libertarians find other ways to seek freedom outside of the political realm.

"wah wah wah why won't anyone agree with me? they must all hate freedom! wah wah wah"

Get a life, go outside, kiss a girl, and you'll realize being a delusional libertarian is pathetic mkay?

How many collectives do you group people into? It must be like a Disney movie in your head with the characters you paint of the differing groups.

lm2f

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Quote from: Elwar on April 25, 2013, 11:45:22 PM

The correlation is that during an election season libertarians hold out the hope that the voting public will finally wake up. When they go forward and prove their hatred of freedom in the voting booth, libertarians find other ways to seek freedom outside of the political realm.

"wah wah wah why won't anyone agree with me? they must all hate freedom! wah wah wah"

Get a life, go outside, kiss a girl, and you'll realize being a delusional libertarian is pathetic mkay?

Kluge

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God-Grilla was created in 2009, the year where president Obama was first inaugurated. The recent increase in media attention also coincided with Obama's re-election. None of this is exactly surprising when you take a look at the demographics of the God-Grilla purchasers. The presence black president no doubt represents the deepest fears of the paranoid, fearful, and delusional libertarians/survivalists/conspiracy theorists/other assorted weirdos and kooks who make up the vast majority of the bitcoin community. Hence the creation of bitcoins and it's sudden rise in demand when Obama was elected and re-elected.

So on top of God-Grilla BBQ units having nearly no practical uses outside of grilling live horses, people, and other highly illegal activities unsuited for proper grills, the God-Grilla userbase is also made up of bigots, racists, fearful gun nuts, paranoid survivalists, economically illiterate nitwits, delusional libertarians, and profiteering scumbags.

Not really helping to prop up God-Grilla's facade of legitimacy, is it? Roll Eyes

Elwar

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Hmm, you use collectivism in your argument about collectivism.

Fail.

The Free State Project was started shortly after George Bush was elected.

The correlation is that during an election season some people who love liberty hold out the hope that the voting public will finally wake up. When they go forward and prove their hatred of freedom in the voting booth, those who seek liberty find other ways outside of the political realm.

Remember remember the 5th of November

legendary

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