TakeAStepBack
Gold Member
- Mar 29, 2011
- 13,935
- 1,742
Of course statists will bash an anarchic anything that succeeds wildly beyond expectation.
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Of course statists will bash an anarchic anything that succeeds wildly beyond expectation.
Of course statists will bash an anarchic anything that succeeds wildly beyond expectation.
I think it's hysterical that some statists in the occutard cults call themselves anarchists.
I don't own any bitcoin, however I think it's a neat idea. It's a currency just like our dollar that people (seem) to give some value, so if individuals want to trade it what's the problem exactly? Why knock it? That's all currency is - a store of value. There's absolutely nothing backing the dollar anymore except a government that has about $17 trillion of debt sitting on its shoulder.
Also, consider this. Bitcoin can be transferred user to user instantly (no third party), whereas you must use an institution like Chase bank to transfer a dollar to your family in India - for instance. The going rate (fee) is about 30% to transfer money internationally, so these banks skim a large chunk of change from individuals sending money back home. If bitcoin were to take off (and people in India could use it to buy food, ect) the transfer rate would be $0, and you'd be able to send the FULL amount of value you earned back home.
Again, why knock it?
My wife and I can send over $2500 to her family in the Philippines for $7.
I'd prefer to have money with real value to change hands.
I'd also prefer if we rolled back from fiat currency and had money backed by something of tangible value. Not just gold, but something real and not just electronic bytes.
HAHAHA!!!
Well, maybe some "regulation" of the bitcoin industry would've prevented some of it.
But yeah, its hilarious when I see Libertarian fantasies go down in flames.
Funny how all those Libertarian idiots still live in a city in America, instead of just going to the Brazilian rainforest or Mexican badlands, where NO government would affect them at all, they'd be free to pretty much do what ever the hell they want.
I bought mine at around 50 a pop. I made out like a fuckin' highway robber on it.
I bought mine at around 50 a pop. I made out like a fuckin' highway robber on it.
I think a lot of folks who didn't get on board early, and now must watch from the sidelines, sort of want it (naturally) to fail because the better it does the more it means that they "lost out".
If it fails, it's "all good" for them.
It's a natural human response...
Cannabis was legal tender in some states for over 200 years. Many of America's founders paid their taxes with hemp. Hemp is a better currency than bitcoin because people can make clothing, food, paper, plastic and building materials from industrial hemp, and safe natural medicine from the flowers of the female marijuana plants.
Biodegradable DVDs can be made from the cellulose in hemp stalks, and hemp takes in CO2 from the atmosphere as its growing. People can receive a tax credit based on how much they grow, the same as our Founders. A new system of exchange can be created when Cannabis is legalized again (tell your Congress members to support HR1635) and this industry will transform the entire global market. Hemp is infinitely more valuable to this planet than bitcoin can ever hope to be.Cannabis was legal tender in some states for over 200 years. Many of America's founders paid their taxes with hemp. Hemp is a better currency than bitcoin because people can make clothing, food, paper, plastic and building materials from industrial hemp, and safe natural medicine from the flowers of the female marijuana plants.
I think ANYTHING can be a currency if people assign value to it.
However, in today's day and age (in my view) I think a bitcoin would be a better form of currency simply because you can transact with it electronically. Cannabis is something you'd need to exchange hand-to-hand (because obviously one must assess the quality); how would you purchase a DVD off Amazon - for instance - with it?
I think a fiat currency is going to be the best way to go in this century and beyond..
Seems like a libertarian dream until it all went to hell.
Now they are broke after Bitcoin folded. Does anyone have an opinion on this? Seems like they could've used some sort of protection.Every once in a while — most recently with the collapse of online exchange site Mt Gox — the world starts paying attention to Bitcoin, the hacker-project-cum-digital-currency that has garnered the love of a certain subset of people on the internet. Who are those people? According to an online poll from Simulacrum, the average user is a 32.1-year-old libertarian male. By users’ accounts, those men are mostly white.
Breaking that down, about 95 percent of Bitcoin users are men, about 61 percent say they’re not religious, and about 44 percent describe themselves as “libertarian / anarcho-capitalist.”
One of those online poker sites still has my cash frozen and probably gone forever. Live and learn, but we rarely do.Seems like a libertarian dream until it all went to hell.
Now they are broke after Bitcoin folded. Does anyone have an opinion on this? Seems like they could've used some sort of protection.Every once in a while most recently with the collapse of online exchange site Mt Gox the world starts paying attention to Bitcoin, the hacker-project-cum-digital-currency that has garnered the love of a certain subset of people on the internet. Who are those people? According to an online poll from Simulacrum, the average user is a 32.1-year-old libertarian male. By users accounts, those men are mostly white.
Breaking that down, about 95 percent of Bitcoin users are men, about 61 percent say theyre not religious, and about 44 percent describe themselves as libertarian / anarcho-capitalist.
HAHAHA!!!
Well, maybe some "regulation" of the bitcoin industry would've prevented some of it.
But yeah, its hilarious when I see Libertarian fantasies go down in flames.
Funny how all those Libertarian idiots still live in a city in America, instead of just going to the Brazilian rainforest or Mexican badlands, where NO government would affect them at all, they'd be free to pretty much do what ever the hell they want.
I don't own any bitcoin, however I think it's a neat idea. It's a currency just like our dollar that people (seem) to give some value, so if individuals want to trade it what's the problem exactly? Why knock it? That's all currency is - a store of value. There's absolutely nothing backing the dollar anymore except a government that has about $17 trillion of debt sitting on its shoulder.
Also, consider this. Bitcoin can be transferred user to user instantly (no third party), whereas you must use an institution like Chase bank to transfer a dollar to your family in India - for instance. The going rate (fee) is about 30% to transfer money internationally, so these banks skim a large chunk of change from individuals sending money back home. If bitcoin were to take off (and people in India could use it to buy food, ect) the transfer rate would be $0, and you'd be able to send the FULL amount of value you earned back home.
Again, why knock it?
My wife and I can send over $2500 to her family in the Philippines for $7.
I'd prefer to have money with real value to change hands.
I'd also prefer if we rolled back from fiat currency and had money backed by something of tangible value. Not just gold, but something real and not just electronic bytes.
Biodegradable DVDs can be made from the cellulose in hemp stalks, and hemp takes in CO2 from the atmosphere as its growing. People can receive a tax credit based on how much they grow, the same as our Founders. A new system of exchange can be created when Cannabis is legalized again (tell your Congress members to support HR1635) and this industry will transform the entire global market. Hemp is infinitely more valuable to this planet than bitcoin can ever hope to be.Cannabis was legal tender in some states for over 200 years. Many of America's founders paid their taxes with hemp. Hemp is a better currency than bitcoin because people can make clothing, food, paper, plastic and building materials from industrial hemp, and safe natural medicine from the flowers of the female marijuana plants.
I think ANYTHING can be a currency if people assign value to it.
However, in today's day and age (in my view) I think a bitcoin would be a better form of currency simply because you can transact with it electronically. Cannabis is something you'd need to exchange hand-to-hand (because obviously one must assess the quality); how would you purchase a DVD off Amazon - for instance - with it?
I think a fiat currency is going to be the best way to go in this century and beyond..
I don't own any bitcoin, however I think it's a neat idea. It's a currency just like our dollar that people (seem) to give some value, so if individuals want to trade it what's the problem exactly? Why knock it? That's all currency is - a store of value. There's absolutely nothing backing the dollar anymore except a government that has about $17 trillion of debt sitting on its shoulder.
Also, consider this - Bitcoin can be transferred user to user instantly w/no third party, whereas you must use an institution like Chase bank to transfer a dollar to your family in India - for example. The going rate is about 30% to transfer money internationally, so imagine the difference of someone being able to send that full $10,000 vs the shaved $7,000.
Again, it's kinda cool; why knock it?
I bought mine at around 50 a pop. I made out like a fuckin' highway robber on it.