China Wants Communist Party Members To Pledge Loyalty on Blockchain (coindesk.com) 52
China's Communist Party (CPC) is taking its leader's support for blockchain to heart. From a report: Following Xi Jinping's bombshell speech last week urging his countrymen to "seize the opportunity" created by the technology, the CPC released a decentralized app (dapp) for members to attest their loyalty on a blockchain. According to a post from the CCP's propaganda office on Saturday, the dapp, in literal translation called "Original Intentions Onchain," allows members to pledge their allegiance to the party and store it on a blockchain, which can be shared and seen by others. The term "Original Intentions" is a specific phrase mentioned by Xi during his remarks at the 19th National Congress of the CPC in 2017, after which it became a significant propaganda and educational campaign for party members to stay committed to their party. According to the post, the technology behind the dapp was developed by a Beijing-based company called Lingzhu Technology, which says it's a blockchain developer without much detail on its tech or the team behind it.
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What are your organs worth?
Are they covered by the trade sanctions?
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from the CCP's propaganda office on Saturday, the dapp
Wieder mal beweis das das alles Dappen sind da druben.
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But in most cases, it gives better access to everyone else's parts.
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Oh Trump is like an early adopter who got his coins premined and thinks he deserves his riches
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There's already one, run by Grover Norquist.
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Ah yes, No New Taxes Pledge. That's the reason our deficit has hit close to $1 Trillion this year and will exceed it next year. The R's promised on the Bible that it would pay for itself. Looks like it just paid itself to the rich people.
And after pumping $1 Trillion in deficit spending into the U.S. economy, it is still slowing down. The R's response is that somehow this is the Fed's fault for not dropping interest rates. If $1 Trillion in extra dough isn't enough to lift the economy, the Fed would just be
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So opposing Trump is equal to being a proponent of socialism? Even with the unique definition of socialism used in US politics that's a ridiculous claim.
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Here's some basic logic for you.
Stating that people who favor socialism are Trump's opponents doesn't imply that _everyone_ who opposes Trump is a socialist. It also doesn't define what a socialist is.
So I'll break it down for you:
The Chinese Communists were founded as socialists and continue to be socialists. The vast majority of the Presidential candidates vying to run against Trump and who oppose Trump are also socialists. It's not Trump who is on the side in the United States of the Chinese Communist Pa
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The Chinese Communist Party is socialist? I thought they were merely Kleptomaniacs whose job it was to shake down the Chinese economy for all they could get.
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Yhea, keep on saying that...it is not "true socialism" eh, comrades! BUT next time it would work, I swear it! Especially if I am in command!
That is what I thought about the communists of old when I was living under the system in Eastern Europe. Oh, they are just criminals lining their pockets BUT the idea is great. Oh, it does not work as intended and there is an abyss between their words and their deeds BUT the idea is great. Oh, every now and then some "internal enemies" within the party ranks screw up (p
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Have you lost your mind? Neither Trump or the Republican party have ever given the slightest indications that they are totalitarians. The Left is the one that love socialism/communism/totalitarianism, and talk about making it illegal to disagree with them.
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I’ve lost count of the number of times someone on here has modded me down for having a critical opinion towards Trump. I’m not referring to things like juvenile insults - I’m referring to facts, backed up with citations.
Face it, it’s just human nature to want to swing the ban hammer when you’re the one wielding it.
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Oh? Complaining about the Press is the first thing a totalitarian does because they cannot stand the heat. Of course if your idea of a press company that vets its reports is Fox News, then an echo chamber is all you'll hear.
Last we heard from la Presidenta Tweetie was that Democrats complaining about his policies were traitors. Such accusations are another favorite refuge of a dictator, hide behind jingoistic rhetoric by painting your opponents as somehow disloyal the country.
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Have you lost your mind? Neither Trump or the Republican party have ever given the slightest indications that they are totalitarians.
"I can't be prosecuted, I'm the President"
"I should be allowed more than two terms"
"To be a whistleblower against the President is treason"
"To support investigating me is treason"
"Those within my own party who are against me are the lowest form of scum"
"The press should not be allowed to say negative things about the President"
He rules by executive order, denies request from other COEQUAL branches of the government. He absolutely wishes the US was a totalitarian regime and acts like he thinks it is.
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I bet he would try to set up a similar thing here for the GOP.
If he didn't sign up for the Communist version by mistake.
Funny, this was my first thought "sounds like something Trump would do".
So is China onboard the Bitcoin Bandwagon? (Score:5, Interesting)
Sometimes the Communist Party wants to ban Bitcoin and sometimes they want to move the Communist party to a blockchain.
Which means for multi Party democracy we will need a fork in the blockchain to create new parties.
BTW if Bitcoin is no longer verbotten in Fascist China what does that mean for the hashrate. Most of the worlds cheap subsidized power is in Northwest China and the Uighers are not going to need the power, reeducation camps are surprisingly energy efficient.
Re:So is China onboard the Bitcoin Bandwagon? (Score:4, Funny)
The Jokes just write themselves.
Republican Party is proof of Stake and Democrats are Proof of Work.
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Is Xi collecting money, or just pledges from his supporters be recorded forever by the blockchain tech?
No. So it seems crazy to me for BTC to shoot up. (Score:1)
I don't see anything, anything at all, that leads me to believe that Xi is propping up or otherwise supporting Bitcoin.
If the Chinese government creates a government-endorsed blockchain, I don't think it has anything at all to do with BTC.
I wish I could short BTC, and win something other than BTC in the process.
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I have traded stocks, options, and forex (EUR/USD, CAD/USD, JPY/USD) for the last 2 years, and have PDT status. Not an accredited investor, but that's my first goal.
The last I checked, which was about 1-2 years ago, the only way I could find to short BTC was by shorting OSTK. (Which I did, and which was great.) But looking around now, very briefly, I see that there are many ways to do it. Are BTC futures taxed 60/40 like other futures?
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I'll sell you a put. What are your terms?
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Also who gets reported as not having done the set tasks..
All part of Communist China.
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You do realize that Bitcoin is just one application of a blockchain, and that China's CCP loyalty blockchain is not linked to Bitcoin in any way?
if Bitcoin is no longer verbotten in Fascist China what does that mean for the hashrate
Nothing, because they don't use the same blockchain.
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Best use of blockchain so far ... (Score:2)
... I think.
Can I get on blockchain record (Score:5, Interesting)
Pledge of Allegiance (Score:2)
I pledge allegiance to the tech fads of the People's Republic of China, and to the Republic for which squashes dissenters with tanks, one Nation under Xi, indivisible (hear that Hong Kong?), with liberty and fake justice only for those who kiss Xi's commie ass.
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On the Correct Handling of Contradictions Among the People [wikia.org].
Blockchain without Bitcoin = Classical Database (Score:4, Insightful)
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No blockchains aren't a classic database. The whole idea behind blockchains is avoiding the problems (for some applications) of a classic database!
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Chinazis use bitcoin to get their money out (Score:2)
All of the major peaks in the bitcoin price in the last 3 years have been corrupt Chinese government officials using bitcoin to bypass their currency controls and get their money out of China. The real purpose of any CCP recognition of cryptocurrencies is most likely just their way of cracking down on their own people moving money.
Weirder (Score:4, Insightful)
Blockchain mania just keeps getting weirder. Something about it causes brains to shut off.
Where have I seen this before? (Score:3)
Almost overnight the Glorious Loyalty Oath Crusade was in full flower, and Captain Black was enraptured to discover himself spearheading it. He had really hit on something. All the enlisted men and officers on combat duty had to sign a loyalty oath to get their map cases from the intelligence tent, a second loyalty oath to receive their flak suits and parachutes from the parachute tent, a third loyalty oath for Lieutenant Balkington, the motor vehicle officer, to be allowed to ride from the squadron to the airfield in one of the trucks. Every time they turned around there was another loyalty oath to be signed. They signed a loyalty oath to get their pay from the finance officer, to obtain their PX supplies, to have their hair cut by the Italian barbers. To Captain Black, every officer who supported his Glorious Loyalty Oath Crusade was a competitor, and he planned and plotted twenty-four hours a day to keep one step ahead. He would stand second to none in his devotion to country. When other officers had followed his urging and introduced loyalty oaths of their own, he went them one better by making every son of a bitch who came to his intelligence tent sign two loyalty oaths, then three, then four; then he introduced the pledge of allegiance, and after that 'The Star-Spangled Banner,' one chorus, two choruses, three choruses, four choruses.
Each time Captain Black forged ahead of his competitors, he swung upon them scornfully for their failure to follow his example. Each time they followed his example, he retreated with concern and racked his brain for some new stratagem that would enable him to turn upon them scornfully again.
"Catch-22", by Joseph Heller
HODL if you love Xi! (Score:1)
Never mind blockchain (Score:4, Insightful)
Let a hundred flowers bloom (Score:2)