Bitcoin discussion and news

[StakerOne]

Hun, don't take this wrong way but you wouldn't know decentralisation if it hit you in the face with a halibut. You' haven't the first idea what anti-authoritarianism is and have shown your ignorance on the subject many times over. In fact I think the last time I started ignoring you was when you embarrassed yourself by not knowing what anarchist communism was, showcasing such a stunningly dull-witted lack of inquiry into the subject of authority that it became clear you weren't worth talking to. On which note, back on ignore you go.

Communism. It's great I hear.

I'm being told that thanks to Communism, my life will be extended and one day I'll be able to buy my Mum an entire planet in Andromedia that she'll be able to travel to.

Oh no, hold on a minute, I've just checked my notes, it's capitalism. There are no limits with capilitalism.

It's got more people out of poverty than anything else.

In crypto I can prove to you wealth is redistributed and look how angry you get.

If you're not a middle class cunt, you're a twat with middle class asperations and nothing makes you more happy than squashing the dreams and asperiations of normal working class folk.

 

[NoXion]

It's an entire economy. Fact. Get over it.

In neither the case of lotteries nor crypto does this "economy" actually produce anything but empty wealth for a minority of its participants. Both are entirely parasitic on the real economy that produces goods and services the actual utility of which goes beyond enriching a handful of cunts. You can tell this partly because the supposed "value" of crypto keeps bouncing up and down like a Jack Russell terrier. If the cost of food and other actually essential goods and services jumped around that much, there'd be fucking riots, and rightly so.

I'm being told that thanks to Communism, my life will be extended and one day I'll be able to buy my Mum an entire planet in Andromedia that she'll be able to travel to.

Oh no, hold on a minute, I've just checked my notes, it's capitalism. There are no limits with capilitalism.

Back on this again, are we? Capitalism will never enable planetary ownership and intergalactic travel for the common person. Leaving aside the hard limitations of physics, capitalism doesn't have the inherent long-sightedness necessary to achieve such things. Capitalism can't even stop itself from shitting on its own planetary doorstep in the form of greenhouse gas emissions leading to catastrophic climate change. The idea that we can get to a transgalactic utopia via a socioeconomic system which is currently de-terraforming the only world we can currently live on, is completely fantastical.

It's got more people out of poverty than anything else.

Now you're just being silly. Even assuming that the wealth in the crypto space is evenly distributed - it isn't - most people on this planet have nothing to do with that shit. We can look at the open ledgers and see that crypto is propped up by whale wallets. There aren't even enough wallets on the planet for everyone. So your claim is simply absurd on the face of it. I think the Chinese government have a much more solid claim to lifting the most people out of poverty than crypto does, which just goes to show that wealth isn't the same thing as liberty.

In crypto I can prove to you wealth is redistributed and look how angry you get.

You haven't proven jack shit, lol. That's why you keep ending up on rants about owning planets in Andromeda.

 

[mojo pixy]

Plus Andromeda is like 25 million light-years away, nobody from this planet or even this galaxy will be owning anything there because its too far away (unless/until we discover hyperspace or wormholes or some other science fiction). In about 4 billion years Andromeda and the Milky Way will crash into each other, so if humans are still around maybe then... Till that time I guess we have to add astronomy to philosophy, politics, economics and psychology on the ever growing list of things StakerOne doesn't understand.

 

[Chilli.s]

It's got more people out of poverty than anything else.

very funny

 

[q_w_e_r_t_y]

Time for a musical interlude I think.



The whole money thing is the most enormous distraction.
Bitcoiners only talk about money because thats what fiat people care about and most people come to bitcoin because of it.
Bitcoin is energy, information, work, power. All of these have a relationship to money, but they are not money.

 

[beesonthewhatnow]

Communism. It's great I hear.

I'm being told that thanks to Communism, my life will be extended and one day I'll be able to buy my Mum an entire planet in Andromedia that she'll be able to travel to.

Oh no, hold on a minute, I've just checked my notes, it's capitalism. There are no limits with capilitalism.

It's got more people out of poverty than anything else.

In crypto I can prove to you wealth is redistributed and look how angry you get.

If you're not a middle class cunt, you're a twat with middle class asperations and nothing makes you more happy than squashing the dreams and asperiations of normal working class folk.

That you think a fancy techno spreadsheet is somehow the saviour of the working class is the biggest facepalm of all.

 

[StakerOne]

n neither the case of lotteries nor crypto does this "economy" actually produce anything but empty wealth for a minority of its participants. Both are entirely parasitic on the real economy that produces goods and services the actual utility of which goes beyond enriching a handful of cunts. You can tell this partly because the supposed "value" of crypto keeps bouncing up and down like a Jack Russell terrier. If the cost of food and other actually essential goods and services jumped around that much, there'd be fucking riots, and rightly so.

I cited the national lottery because it's a large amount of money for nothing (other than the £2 it costs to participate).

Are you for or against wealth re-distribution?

A typical airdrop redistributes some of the profits from a project to all of it's partipates - real wealth re-distribution.

 

[Storm Fox]

In crypto I can prove to you wealth is redistributed and look how angry you get.

In your mind you can, because the billions lost in scams and things like play-to-earn making far more money for the rich than the poor are hand waved away with no True Scotsman arguments or whataboutery.

The whole stinking thing is built on the rich getting richer. Proof-of-Stake requires a massive buy to get decent returns. Proof of work requires massive investment in equipment.

If mass adoption occurs, then there can be no taxation as there is no regulation. So people will need to pay for everything themselves, no safety net, no help. One mistake and you are living under bridge, picking up scraps, as there will be no cash to give to the poor. If you are living under a bridge, then you are not going to have the means to access crypto.
If it is regulated, then what's the point apart from gambling and a few niche use cases?

And as for getting angry. LOL.

 

[StakerOne]

That you think a fancy techno spreadsheet is somehow the saviour of the working class is the biggest facepalm of all.

I wouldn't go so far to say it's the "savior" of the working classes but it's certainly a tool for good. Unlike communism which is evil and should only be tolerated because that's what we do in a free society.

 

[beesonthewhatnow]

If mass adoption occurs, then there can be no taxation as there is no regulation. So people will need to pay for everything themselves, no safety net, no help. One mistake and you are living under bridge, picking up scraps, as there will be no cash to give to the poor. If you are living under a bridge, then you are not going to have the means to access crypto.

“freedom”

 

[StakerOne]

Plus Andromeda is like 25 million light-years away, nobody from this planet or even this galaxy will be owning anything there because its too far away (unless/until we discover hyperspace or wormholes or some other science fiction). In about 4 billion years Andromeda and the Milky Way will crash into each other, so if humans are still around maybe then... Till that time I guess we have to add astronomy to philosophy, politics, economics and psychology on the ever growing list of things StakerOne doesn't understand.

Will happen. Under capitalism, not with backward regressive ideologies such as communism, which crypto takes off the menu forever.

All the anger, all the bombs, all the guns in the world won't stop crypto.

We are free. And there is fuck all you can do about it, other than simmer.

 

[kabbes]

Freedom. You may have heard of it. Do you remember that? Freedom?

Freedom from what, freedom to do what, how is that freedom secured, what responsibilities and duties attach to it, how does it intersect with other freedoms, what allocation morality is it based on, what moral foundation is that based on, what happens to those who make choices that hurt themselves, what happens to those who get hurt by other choices? Etc etc etc.

Just saying “FREEDOM” is the analysis of an 11 year-old. There is and can’t be any such thing as abstract, consequence-free, uninhibited freedom. Societies require people to find appropriate compromises to these tensions.

 

[mojo pixy]

I'm currently enjoying the game Cyberpunk 2077, and I have to say its society seems like just the sort of place made possible by the rise of crypto and everything that will entail.

 

[StakerOne]

Back on this again, are we? Capitalism will never enable planetary ownership and intergalactic travel for the common person. Leaving aside the hard limitations of physics, capitalism doesn't have the inherent long-sightedness necessary to achieve such things. Capitalism can't even stop itself from shitting on its own planetary doorstep in the form of greenhouse gas emissions leading to catastrophic climate change. The idea that we can get to a transgalactic utopia via a socioeconomic system which is currently de-terraforming the only world we can currently live on, is completely fantastical.

Of fucking please! If the world had adopted communism after WW2 we'd be burning coal.

Capitalism helps technology progress, not communism.

 

[Chilli.s]

Only free until the taxman in whatever location you spend the money wants to get his slice

 

[kabbes]

I’m enjoying watching the one person on this thread who actually is getting angry telling everybody else that they are getting angry. It has very Ronnie Pickering vibes.

 

[StakerOne]

Freedom from what, freedom to do what, how is that freedom secured, what responsibilities and duties attach to it, how does it intersect with other freedoms, what allocation morality is it based on, what moral foundation is that based on, what happens to those who make choices that hurt themselves, what happens to those who get hurt by other choices? Etc etc etc.

Just saying “FREEDOM” is the analysis of an 11 year-old. There is and can’t be any such thing as abstract, consequence-free, uninhibited freedom. Societies require people to find appropriate compromises to these tensions.

You hate humanity that much that you think that everyone only pays their taxes because the government has force?

You think that people won't create socially responsible DAOs in the cryptoverse? You think that DAOs won't hold money to provide services and resources to people that need them?

Let's face it. You think that anyone to the right of is an evil fuckwit that is on the take.

Your arrogance knows no bounds!

 

[mojo pixy]

Of fucking please! If the world had adopted communism after WW2 we'd be burning coal.

Capitalism helps technology progress, not communism.

Yuri Gagarin might disagree, but maybe history has to go on the Stakerone ignorance list idk?

 

[Storm Fox]

A typical airdrop redistributes some of the profits from a project to all of it's partipates - real wealth re-distribution.

Time for the wisdom of Kryten again.

There are two minor problems with this. One you need the capital to invest in the first place and two you need the capital to in invest in the first place.
I know technically that is the same problem, but it such a large one in the context of your point about getting people out of poverty, I thought it was worth mentioning twice.

Also that's how shares work.

Finally to quote another great man (I think I've mentioned before) in regard to Cypto and poverty.

“Many men of course became extremely rich, but this was perfectly natural and nothing to be ashamed of because no one was really poor – at least no one worth speaking of.”

 

[StakerOne]

Plus Andromeda is like 25 million light-years away, nobody from this planet or even this galaxy will be owning anything there because its too far away (unless/until we discover hyperspace or wormholes or some other science fiction). In about 4 billion years Andromeda and the Milky Way will crash into each other, so if humans are still around maybe then... Till that time I guess we have to add astronomy to philosophy, politics, economics and psychology on the ever growing list of things StakerOne doesn't understand.

Did I say Andromeda? Sorry I made a mistake. I meant somewhere in the Coma cluster. Yeah, I a whole galaxy in the Coma cluster for my Mum. That would be nice.

 

[NoXion]

I cited the national lottery because it's a large amount of money for nothing (other than the £2 it costs to participate).

Are you for or against wealth re-distribution?

A typical airdrop redistributes some of the profits from a project to all of it's partipates - real wealth re-distribution.

The overwhelming majority of people on this planet are not involved in any crypto projects. This so-called "wealth re-distribution" of which you speak is actually nothing of the sort, you might as well be arguing that stock profits are a form of wealth re-distribution.

Taxation, on the other hand, has built infrastructure and funded services used by billions. If we're gonna stick with stuff that's got a proven record, I'd go with that instead.

Of fucking please! If the world had adopted communism after WW2 we'd be burning coal.

Capitalism helps technology progress, not communism.

Fossil fuel companies had their own scientists telling them about the effects of carbon emissions on the atmosphere's ability to retain heat, decades before the issue reached the public consciousness like it has today. What did they do with this information? They kept quiet about it and not just that, they spent money on misinformation in order to stave off corrective action from the rest of society. They literally held back progress on a vital issue in the name of their own profits.

"Capitalism helps progress", what a sick joke.

 

[mojo pixy]

Did I say Andromeda? Sorry I made a mistake. I meant somewhere in the Coma cluster. Yeah, I a whole galaxy in the Coma cluster for my Mum. That would be nice.

Yes thanks it's OK you've made your point

 

[StakerOne]

Time for the wisdom of Kryten again.

There are two minor problems with this. One you need the capital to invest in the first place and two you need the capital to in invest in the first place.
I know technically that is the same problem, but it such a large one in the context of your point about getting people out of poverty, I thought it was worth mentioning twice.

Also that's how shares work.

Finally to quote another great man (I think I've mentioned before) in regard to Cypto and poverty.

No it isn't.

People merely need to use the product, so very little capital.

It would be like Amazon redistributing all of their profit to their own customers (quite evenly).

 

[Chilli.s]

"Capitalism helps progress", what a sick joke.

More of a silly nieve joke that anyone with half a brain can see right through

 

[StakerOne]

The overwhelming majority of people on this planet are not involved in any crypto projects. This so-called "wealth re-distribution" of which you speak is actually nothing of the sort, you might as well be arguing that stock profits are a form of wealth re-distribution.

Taxation, on the other hand, has built infrastructure and funded services used by billions. If we're gonna stick with stuff that's got a proven record, I'd go with that instead.



Fossil fuel companies had their own scientists telling them about the effects of carbon emissions on the atmosphere's ability to retain heat, decades before the issue reached the public consciousness like it has today. What did they do with this information? They kept quiet about it and not just that, they spent money on misinformation in order to stave off corrective action from the rest of society. They literally held back progress on a vital issue in the name of their own profits.

"Capitalism helps progress", what a sick joke.

That's just people being evil, greedy and selfish. Communism solves none of those things either.

Crypto hasn't yet, but it has the potentional to do so.

 

[StakerOne]

Yuri Gagarin might disagree, but maybe history has to go on the Stakerone ignorance list idk?

Communism is great if you all want people doing is going around in circles!

 

[mojo pixy]

Like this discussion

 

[Storm Fox]

You hate humanity that much that you think that everyone only pays their taxes because the government has force?

You think that people won't create socially responsible DAOs in the cryptoverse? You think that DAOs won't hold money to provide services and resources to people that don't need them?

Let's face it. You think that anyone to the right of is an evil fuckwit that is on the take.

Your arrogance knows no bounds!

So alms for the poor, and how did that work out in the past? So in most cases, there will be some agenda tied to the help given. (Keep your house Tidy, worship on Sundays, don't be gay) hey there's no regulation so the restrictions can be whatever. "FREEDOM FOR THE POORS"

The DAO this and The DAO that. You do realise that even with perfect code (It won't be) taking account of every contingency (It won't) you still need humans to do things and they can ignore the results of DAO Votes or kind of implement something and do a half-ass job pocket the difference either directly or though shell companies?

 

[NoXion]

That's just people being evil, greedy and selfish. Communism solves none of those things either.

Crypto hasn't yet, but it has the potentional to do so.

Most people aren't inherently evil, greedy and selfish. Otherwise, as a social species whose members rely on each other extensively for survival, we would have become extinct long before capitalism became a thing. But we currently live in a socioeconomic system which encourages and rewards such traits, so it's easy to think we're like that naturally.

Crypto does nothing to address the faults of capitalism.

 

[kabbes]

You hate humanity that much that you think that everyone only pays their taxes because the government has force?

You think that people won't create socially responsible DAOs in the cryptoverse? You think that DAOs won't hold money to provide services and resources to people that need them?

Let's face it. You think that anyone to the right of is an evil fuckwit that is on the take.

Your arrogance knows no bounds!

Cheers, Ronnie.