Bill Gates - $30 Billion / American population 300 Million = $10,000 per person
Division fail. 2 orders of magnitude.
I believe its called 'too big to fail'
No, it is called "too big to jail".
Mod points! mod points! Half of my karma for mod points.....
A really great physics lecturer would then go on.....
Dude, where can I find this lecturer? Or is there by chance some good stuff on the internet for me to read?
I feel like my understanding of entropy is a bit limited, and I'd like to brush it up a bit
Sigh.... there is no -1/Wrong moderation....
Dude, you have serious reading comprehension problems.
The original parent wrote (reemphasizing different word in quote):
some of us are pulling in 20-30% profits per day *TRADING* these "silly" Bitcoins
He was talking about trading bitcoints, not mining for them. Trading is not energy-intensive process (mining is).
And in trading, you can have profits during the crash as well as during the rise.
That said however, doubt the OP is profiting that much each day - average profit margin i probably less (and speculating on the wrong side can make nasty cuts in this volatile market)
You are thinking in terms of current epoch..... employees shmemployees.
Yes they were not employees, but they were subjects of the crown, and that is stronger binding that some eeezy peeezy work agreement.
No no no. You are doing it wrong. Bleach is for the brain! Eyes have nothing to do with it.
And besides, if you use bleach on your eyes, you'll get some serious irritation....
Criminal laws do no not require an injured party to claim damages. You are confusing them with civil laws and contracts.
True. However if the law is unjust - punishes people who did not do any reasonable harm - it is a moral imperative to struggle against such law.
But you are a "libertarian": a corporate anarchist. You don't understand government; you want to eliminate it and take your chances with corporate powers. But we have a government, because we've seen how those autocratic orgs abuse the rights and property of the people.
Baseless ad-hominem attack; also prescribing qualities and wantings for the person from thin air - he has not said anything about eliminating government in his post.
You also don't understand the most basic economics: the ounce of silver in those "dollars" was worth $10-19, averaging about $14, through 1999, but was sold for $20 (legitimate dollars). If the fake dollar's silver were worth "quite a bit more than the face value of US coin", this crook would have been losing money on every sale. Which qualifies him to be a "libertarian".
It's you who does not understand the (economics of the) situation. Those (liberty) dollars were not stamped with face value of 20 Dollar, they were stamped with face value of 1 Dollar (if I am not mistaken here; if I am - see the end of the argument) - and your argument above unravels because of this simple fact.
Think about it. The basic premise of grand-grand-parent (metlin) was that the man tried to deceive the users by making his liberty dollars (LD henceforth) very similar by design to the fed dollars (USD henceforth). So the supposed issue here is that somebody will be confused and accept LD instead of USD.
There are two cases:
EITHER the confusion/deception occurs during the original maker X-->initial buyer Y transaction.
OR the confusion/deception occurs during the intermediate holder Y -->another person Z transaction.
In the first case there can be no confusion: Y pays X a sum of 20USD (form you post - I am not sure for what price LDs were sold) and receives a coin of 1LD. He can not be confused to believe 1USD == 1LD because he would then demand 20LDs for his 20USD.
In the second case confusion may occur - the receiver Z may confuse 1LD for 1USD, but in this case Z obtains 1LD coin, silver content of which is valued "10-19 USD, averaging about 14 USD" (according to your post) instead of 1USD.
The fact that 1LD was sold above the spot silver price is normal. Coins always command some seigniorage (http://en.wikipedia.org/wiki/Seigniorage) above spot bullion prices - to cover expenses of the minter.
PS In the unlikely case that LDs were stamped with the face value of 20 Dollar, there again can be no deception. AFAIK there are no official, government issued coins of 20USD denomination .
what guys like Lenin did, from the barbaric stuff that people like Stalin did.
That made me laugh. Care to enlighten us what barbaric stuff Stalin did, what Lenin did not
(or to put more correctly: what barbaric stuff was being done in Stalin times and in Lenin times).
a quick note, to take some options from the table: concentration camps existed in both Stalin and Lenin times, and are even older. I don't know who invented this concept, but if I am not mistaken, they were already known as concept and operational in Anglo-Boer War times (~1900ies)
Mixing up a hodgepodge of cryptography-related words is no recipe for describing a good security system for securing anything.
Do you even understand what you've written in your two sentences?
So by the end of 2012, the complete French economy comes to a halt.
Hmmmm, time to short France's bonds....... Oh boy, it's gonna be fun
, is being used as the very fist of the hundred-pound gorillas.
Um, buddy, you'll have to up the weight of your gorillas
Hundred pound gorillas are not that impressive
Any grizzly bears, wolves and cougars, who are misfortunate enough to find themselves near migratory path of this mass of people would be EATEN.
Such a mass of people in need would strip the land bare.
Such things are not theoretical but do happen - e.g. in the past army campaigns....
The herd instinct among economists makes sheep look like independent thinkers.