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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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Messages - scorch

#1
Or Kill Me / Re: Time to switch sides
October 27, 2017, 05:17:46 PM
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  8)
#2
Or Kill Me / Re: Time to switch sides
October 25, 2017, 02:08:00 PM
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.

So Cain does live!

I guess I am the only one who likes crytpocurrency.

You guys are making me have second thoughts about putting any money into it. (I only put a bit, what I could afford to lose)

I do get the need for regulations, I have already seen some really shady stuff (e.g. bad ICOs, pump and dumps, etc). But I have also seen some great things (e.g. Smart contracts, Decentralization, etc).  So for me, on the regulations side, the best way to do that is through code (Smart contracts), as we know we can't really trust the government (even if they do good regulations, will the next administration keep them?).

I really thought Discordians would like this idea as it seems to give more power to the people. And once the kinks are worked out, and as it gains more widespread adoption, it seems to have a really high potential.

Like here's one ICO I have been looking at, but I am not invested:

https://gladius.io/

Their idea "could" stop DDOS attacks, and wouldn't that be valuable? Admittedly they still have work to do, but the idea is solid. And it gives the average person a way to make money with their spare computer power (another idea I like).

If anyone has anything for me to read, please let me know.

But I digress. I'll get off this and on to other things, I think I have beaten this horse a few times here.
#3
Or Kill Me / Re: Time to switch sides
October 25, 2017, 01:54:45 PM
Quote from: P3nT4gR4m on October 24, 2017, 06:23:37 PM
Quote from: scorch on October 24, 2017, 05:39:58 PM
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?

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.
:drama1:

Yes, I did :P
#5
Or Kill Me / Re: Time to switch sides
October 24, 2017, 05:39:58 PM
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?

I didn't mean to imply you know nothing, forgive me. I wrote that comment in a hurry.

#6
Or Kill Me / Re: Time to switch sides
October 23, 2017, 09:17:42 PM
Quote from: Junkenstein on October 19, 2017, 12:38:54 AM
Quote from: scorch on October 18, 2017, 02:07:13 PM
Quote from: Doktor Howl on October 18, 2017, 05:35:31 AM
Quote from: scorch on October 17, 2017, 04:53:40 PM
Quote 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.

I hear ya, but I don't think so. The bitcoin market (BTC) broke $100 billion last week, that is more than many large banks. Are banks valuable?

I agree "value" in the sense of "sustaining life" will always be valuable (at least to living creatures). But I do hope you will agree there is more than one kind of value.

I remember discussing "value" with this dude on a plane. He got on about precious metals and how there are limited amounts, and how they can be used to make things like circuit boards, and how other materials are really better (e.g. gold conducts better than copper), etc. But the thing is, even there, this is a big universe, we will find more of it and mine it. With bitcoin, 21 million is the limit, so theoretically, value can only go up over time (sort of like Berkshire Hathaway).

Here is an article I am working my way through now, this article is good to show someone who "doesn't get cryptocurrency":

https://nextshark.com/ben-yu-cryptocurrency-101/
#7
Or Kill Me / Re: Time to switch sides
October 23, 2017, 09:12:34 PM
Quote from: Doktor Howl on October 18, 2017, 11:33:53 PM
Quote 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.

Good for Bella.

Yea, I've tried emailing Acoge but never heard back (using the email he had at my site).

Not surprised with TGGR. He had some insight at times, but he was a serious misanthrope.

The only other guy I've tried to track down is "Grey archer" but was from another forum, and I have failed.

I did track down "Clara Listensprechen", and have her on my Facebook.
#8
Or Kill Me / Re: Time to switch sides
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.
#9
Or Kill Me / Re: Time to switch sides
October 18, 2017, 02:07:13 PM
Quote from: Doktor Howl on October 18, 2017, 05:35:31 AM
Quote from: scorch on October 17, 2017, 04:53:40 PM
Quote 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.
#10
Or Kill Me / Re: Time to switch sides
October 17, 2017, 04:53:40 PM
Quote 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
#11
Or Kill Me / Re: Time to switch sides
October 16, 2017, 07:17:07 PM
Quote from: tyrannosaurus vex on October 16, 2017, 03:11:39 AM
Quote from: Doktor Howl on October 15, 2017, 07:52:16 PM
Quote from: scorch on October 15, 2017, 05:49:36 PM
Quote from: Doktor Howl on October 12, 2017, 10:51:02 PM
Quote 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.

That's a good point, without the internet this all fails. But boy if that happened, I think the people would actually rise up, but who knows.

I am aware of the how to trace BTC, other forms like say Zcash do better here, and Ethereum is working to implement some of their tech (z-snarks) and Zcash is looking to upgrade (z-starks).

I do think that crypto-currency will never replace fiat, in the same way that movies didn't replace books. We will have both, and they will all have their use cases.

For developing countries, crypto could really be a boon. Or even a place like Venezuela (hyper-inflation) or India (they took back all those paper bills).

Either way, this market is big and growing. Its over 160 Billion now. Last year it was less than a billion. I imagine it will hit a trillion in 2-5 years or so, which means, invest if you can and believe in it.

But I really wasn't trying to take over Cain's thread, so we can stop or create a new one.
#12
Or Kill Me / Re: Time to switch sides
October 16, 2017, 07:10:40 PM
Quote from: Doktor Howl on October 15, 2017, 07:52:16 PM
Quote from: scorch on October 15, 2017, 05:49:36 PM
Quote from: Doktor Howl on October 12, 2017, 10:51:02 PM
Quote 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.

I hear ya. I do think there is an opportunity to make some money though at the very least.
#13
Or Kill Me / Re: Time to switch sides
October 15, 2017, 05:51:54 PM
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

Haha, I doubt "the Jews" will be an issue here, but who knows.

Some folks feel that the cryptocurrency ecosystem has much better ways to distribute wealth. For example, Steemit pays its users for their content, where as Facebook/Twitter/Google do not. "Maybe" that works and adds up over time, giving the people more power.
#14
Or Kill Me / Re: Time to switch sides
October 15, 2017, 05:49:36 PM
Quote from: Doktor Howl on October 12, 2017, 10:51:02 PM
Quote 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?
#15
Or Kill Me / Re: Time to switch sides
October 12, 2017, 05:27:02 PM
Hi Cain,

Long time buddy. Glad to see you're still thinking big.

"The usual right-wing retards often talk about smashing the government, making it as small as possible...and I've decided to help things along somewhat, I think.  I'm no right-winger, not in any sense of the word, but I have no problem with playing one to suit my own, longer term goals."

Agreed! I have been saying "I don't want a government that is too big, nor do I want a government that is too small, I want one that is just the right size".  A goldilocks government. But you're right, since ours is too big right now, supporting smaller government does achieve my goal in most cases. Using this phrase (Goldi-locks government) I believe causes these people to think, they can clearly see the danger of "big government" yet they fail to see the danger of "small government", maybe by contrasting the two, I can get them to think a bit more.

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?