Comment Re:bitcoin's value is for it's utopian idealizatio (Score 1) 490
3.14159/A/127.0.0.1
3.14159/A/127.0.0.1
it will probably be around for decades
there are still ham radio operators in the world too
there many people who have fringe esoteric hobbies they are enthusiastic about
lucky for them, the ham radio operators have a little more realism and modesty about their role in the world
there's so many levels of abject stupidity in your statement. yes, the fed has no assets. LIKE THAT IS A FUCKING FUNCTION OF THE FED
it's a policy making body of a larger entity that is what really matters here. and no, you are right, they are not going to sell off PHYSICAL assets
(pounds head on table)
do you have any idea how fucking embarrassing you sound?
please. PLEASE. educate yourself. then form an opinion and speak on a subject
(sigh)
i do have a problem where i derive some sort of perverse delight raining simple points of logic and reason on the obviously insane
i am still not sure if this makes me bad, like a bully, or good, like a bringer of light to a dark corner
but certain wackjobs of a certain mental posture make me itch in a part of my brain, and i have this compulsion to mercilessly torment them with simple obvious points which easily explode their bizarre blind spots and fragile castles in the sky
they don't often notice while they continue to vomit their WHARGARBBBLLLLL. but everyone else, like you, does. so it's entertaining at least
I also support abolishing IP in favour of more humanistic property laws as is (kind of) mentioned in this guy's sig. I do not support bitcoin.Maybe we should mate or something?
A/S/L?
are you really saying the us govt has no assets?
(facepalm)
why do people talk about and form opinions about subject matter they don't understand?
it's embarrassing
it does have traditional value. and civilizations have independently come to value gold. there's something psychological about the substance
but it is pretty useless for what these people want to use it for: a hedge against the end of civilization
because you're right, it has no intrinsic value. what can you do with gold? you can't eat it. and in anarchy, someone is more likely to shoot you for it than trade for it
if civilization is going to end, invest in gang membership and heavy weaponry. there's intrinsic value. then go kill the guy with gold if you really want the stuff so bad
(smacks forehead)
please, just stop. you know not a fucking thing about currency exchange. just stop. educate yourself. then form opinions
thank you
oh i see
you trust random assholes who owe nothing to you to always sacrifice self-interest for the good of all
LOL
but government, which exists to serve the people in democracies, and at least to serve stability anywhere else, are horribly untrustworthy on the topic of currency integrity
wtf? O_o
i go on the internet, i meet deluded kooks with serious disorders in the realm of trust
okay, thanks for your speech before the intergalactic congress in the year 4013 AD
in the meantime, could we focus on the here and now of the reality we live in for the next few centuries?
you can't base your opinions on MNLOP when we live in the reality of ABCDE
thanks
the point is you need controls, whether you have one currency or 1000
without controls, entitites speculate/ horde/ flood for profit and it destabilizes the currency(ies)
the problem is you imagine that without a government manipulating the currency, that no one will manipulate the currency
but in reality, remove government manipulation, and you still get manipulation. the only difference being, the government is accountable to the people, or at least accountable to the concept of stability. while manipulation by nongovernmental actors is self-serving, be damned the health of the currency and the society. in fact, in their schemes, their profit is often a direct consequence of instability, such that they actively seek instability
this is all basic stuff. why do people comment on and have opinions on subject matter they do not completely understand?
thank you for identifying yourself as a crackpot
that your mind worries about an implausible scenario (and then, still, solves the implausible problem badly) is why i call you this
choosing your personal currency policy because anarchy might happen is like packing for disney world with the consideration a zombie outbreak will occur
"going to enchanted kingdom, yeah! let's see... signal flares, tourniquet, rpg, broad spectrum antibiotics..."
if the major currencies of the world experience an extreme disruption, we are all fucked. no matter how much gold you did or did not hide under your mattress. a better hedge bet than gold in that scenario would be to invest in gang membership and heavy weaponry. then just go and take any fucking gold you want. because that's what happens when societies collapse on the order of anarchy: the rise of warlords
and bitcoin in anarchy? are you out of your fucking mind? dude, in real anarchy THE INTERNET ISN'T WORKING ANYMORE
please stop reading bad science fiction fantasy and pay more attention to reality
thanks
again, absurd. because bad governance means bad society. currency choice is some tangential pointless issue that solves none of your real problems in such a scenario
>>>so in practice the choice is between "bad government with bad currency" and "bad government with good currency"
if you believe that, and you live in a western democracy, you are a spastic hysterical twit who has no fucking clue how bad things can really get
so if i use bitcoin as a hedge against inflation, you would call me historically wise and longsighted?!
furthermore, if the major currencies of the world experience an extreme disruption, we are all fucked. no matter how much gold you did or did not hide under your mattress
a better hedge bet than gold in that scenario would be to invest in gang membership and heavy weaponry. then just go and take any fucking gold you want. because that's what happens when societies collapse on the order of extreme currency disruption: the rise of warlords
of course, mad max is not going to happen
(season my last statement with the current load of paranoia you carry around)
but let's go ahead and talk about mad max anyways: if society and its currencies destabilize on the order certain paranoid wackjobs constantly imagine it will, i am becoming a simple farmer. everyone needs potatoes. you can come give me krugerrands or point a gun at me (watch your back) for my potatoes, no problem. but i'm not going to horde gold up front, and therefore put a target on my head, and i'm not going to get a high power gun, and therefore die in some senseless firefight. i'm going to lay low, with a hoe, and a rake, and some seeds, and let mad max do what mad max will do in the next valley over
and that's a survival strategy friend. sorry it doesn't fit in with crackpot fantasy lives. too boring i guess
Lots of folks confuse bad management with destiny. -- Frank Hubbard