Quote from: Hoopla on October 25, 2017, 07:52:13 PM
You'll find that discordians tend to be a mixed bag.
Agreed. I first found this site and become a member in 2005. I still carry around my "Pope of Eris" card in my wallet
It's like that horrible screech you get when the microphone is positioned too close to a speaker, only with cops.
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Show posts MenuQuote from: Hoopla on October 25, 2017, 07:52:13 PM
You'll find that discordians tend to be a mixed bag.
Quote from: Cain on October 24, 2017, 06:57:16 PM
Cryptocurrencies are nonsense and I'm quite frankly depressed that I even had to type that out. It somehow manages to combine the worst aspects of fiat currency and commodity currency into one bag of suck.
Quote from: P3nT4gR4m on October 24, 2017, 06:23:37 PMQuote from: scorch on October 24, 2017, 05:39:58 PMQuote from: Junkenstein on October 23, 2017, 09:31:08 PM
Oh, please, do tell me more because I know nothing of cryptocurrencies. At all.
Perhaps you have an informative youtube link or zerohedge article for us?
I didn't mean to imply you know nothing, forgive me. I wrote that comment in a hurry.
Then you wrote that comment as an excuse.
Quote from: Junkenstein on October 23, 2017, 09:31:08 PM
Oh, please, do tell me more because I know nothing of cryptocurrencies. At all.
Perhaps you have an informative youtube link or zerohedge article for us?
Quote from: Junkenstein on October 19, 2017, 12:38:54 AMQuote from: scorch on October 18, 2017, 02:07:13 PMQuote from: Doktor Howl on October 18, 2017, 05:35:31 AMQuote from: scorch on October 17, 2017, 04:53:40 PMQuote from: Doktor Howl on October 17, 2017, 12:48:56 AM
How is cryptocurrency not fiat currency?
Many have a limited supply, so they can't print more.
Counterfeiting is pretty much impossible, or very cost prohibitive at the least
My ass has a limited supply, so they can't print more.
Yet I cannot use my poop as money. It seems unfair.
haha it does seem unfair :P
Really the only thing that gives anything value is that people agree it is valuable. This is true of Fiat, Gold, Diamonds, Bitcoin, etc.
Or, you know, actual value. For example potable water on an island is very valuable. You can choose not to agree, but only one of us will die of dehydration.
"Value" is very situational and can change very quickly with an event or two. Yet paradoxically, Bitcoin will always remain worthless.
Quote from: Doktor Howl on October 18, 2017, 11:33:53 PMQuote from: scorch on October 18, 2017, 02:10:08 PM
Back on topic, I jut realized Cain created this in 2008 lol
It was pinned so I thought it was at the top, being a newer post, woops.
I came back here looking for folks like Bella, Acoge and TGGR.
I forgot about Faust and Cain, and it is nice to see at least Faust still around.
My site died long ago, and I mainly use Facebook now if I want to talk politics. I like that on Facebook the people I talk to are people I know, using real names/pictures, as I feel they are usually more genuine. But lately, I have been missing some of the old forums like these, so I have been looking around to see what is still out there.
Bella discovered pot, IIRC, nbbody's seen Acoge in 6 years or more, and TGRR died of arrogance and we pushed him into a rubbish tip. He was a cunt, and nobody here misses him. He still owed me like $50 when he died, so I'm stealing the asshole's headstone.
Quote from: Doktor Howl on October 18, 2017, 05:35:31 AMQuote from: scorch on October 17, 2017, 04:53:40 PMQuote from: Doktor Howl on October 17, 2017, 12:48:56 AM
How is cryptocurrency not fiat currency?
Many have a limited supply, so they can't print more.
Counterfeiting is pretty much impossible, or very cost prohibitive at the least
My ass has a limited supply, so they can't print more.
Yet I cannot use my poop as money. It seems unfair.
Quote from: Doktor Howl on October 17, 2017, 12:48:56 AM
How is cryptocurrency not fiat currency?
Quote from: tyrannosaurus vex on October 16, 2017, 03:11:39 AMQuote from: Doktor Howl on October 15, 2017, 07:52:16 PMQuote from: scorch on October 15, 2017, 05:49:36 PMQuote from: Doktor Howl on October 12, 2017, 10:51:02 PMQuote from: scorch on October 12, 2017, 05:27:02 PM
Sidenote: What do you think of cryptocurrency (e.g. Bitcoin, Ethereum)? This market space has exploded this year, and of course one of its big dreams is replacing the fiat system, which seems related to what you are saying here. By having decentralized currency, would that help achieve your goals?
This is probably going to be more fun than you really wanted, Scorch.
Cryptocurrency doesn't solve any of the problems of money. Nor does it create any interesting new problems. It is the fiscal equivalent of grasping at straws. That are tied to anvils.
Yea, I think I do know what you mean. The main issue right now is volatility, who wants to pay for something in bitcoin if the price is $4000/coin last month and $6000/coin this month (or vice versa).
But there are other options that are trying to solve this.
Aside from this, I do like the ideas of not being able to trace, and no central authority.
What do you think the issues are?
I think the main issue is that currency is a social fiction and operates because people believe in it. People being pack-based primates, the vast majority of them will only believe in a currency backed by a government of some kind.
It's a non-starter.
Besides the question of perceived legitimacy, cryptocurrencies require infrastructure that will go away without state-level investment and maintenance. Without the internet, there is no such thing as cryptocurrency, and without international regulation and governance, there is no internet. Also, the idea that Bitcoin transactions are "untraceable" is a myth. Every transaction is stored in the blockchain -- which means every bitcoin you deposit or withdraw from your wallet can be tracked directly to you if you are discovered to own the wallet in question. You can do various things to obfuscate ownership (multiple wallets, etc) but bitcoin is laundered just like cash is, for the same reasons.
Quote from: Doktor Howl on October 15, 2017, 07:52:16 PMQuote from: scorch on October 15, 2017, 05:49:36 PMQuote from: Doktor Howl on October 12, 2017, 10:51:02 PMQuote from: scorch on October 12, 2017, 05:27:02 PM
Sidenote: What do you think of cryptocurrency (e.g. Bitcoin, Ethereum)? This market space has exploded this year, and of course one of its big dreams is replacing the fiat system, which seems related to what you are saying here. By having decentralized currency, would that help achieve your goals?
This is probably going to be more fun than you really wanted, Scorch.
Cryptocurrency doesn't solve any of the problems of money. Nor does it create any interesting new problems. It is the fiscal equivalent of grasping at straws. That are tied to anvils.
Yea, I think I do know what you mean. The main issue right now is volatility, who wants to pay for something in bitcoin if the price is $4000/coin last month and $6000/coin this month (or vice versa).
But there are other options that are trying to solve this.
Aside from this, I do like the ideas of not being able to trace, and no central authority.
What do you think the issues are?
I think the main issue is that currency is a social fiction and operates because people believe in it. People being pack-based primates, the vast majority of them will only believe in a currency backed by a government of some kind.
It's a non-starter.
Quote from: tyrannosaurus vex on October 14, 2017, 07:53:05 AM
The thing about worrying about centralized currency is it always, without exceptions, boils down to "the Jews". Just watch.
Instead of worrying about who sets financial policy (which is much more complicated than a bunch of fat cats at the Fed), we should target the mechanisms of wealth disparity directly. Low wages, discriminatory loans, skyrocketing costs of education and health care, self-employment tax penalties, and state-enforced monopolies.
Sent from my SM-G955U using Tapatalk
Quote from: Doktor Howl on October 12, 2017, 10:51:02 PMQuote from: scorch on October 12, 2017, 05:27:02 PM
Sidenote: What do you think of cryptocurrency (e.g. Bitcoin, Ethereum)? This market space has exploded this year, and of course one of its big dreams is replacing the fiat system, which seems related to what you are saying here. By having decentralized currency, would that help achieve your goals?
This is probably going to be more fun than you really wanted, Scorch.
Cryptocurrency doesn't solve any of the problems of money. Nor does it create any interesting new problems. It is the fiscal equivalent of grasping at straws. That are tied to anvils.