Author Topic: Time to switch sides  (Read 13098 times)

Junkenstein

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Re: Time to switch sides
« Reply #60 on: October 19, 2017, 12:38:54 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.
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scorch

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Re: Time to switch sides
« Reply #61 on: October 23, 2017, 09:12:34 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.

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scorch

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Re: Time to switch sides
« Reply #62 on: October 23, 2017, 09:17:42 pm »
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/

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Junkenstein

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Re: Time to switch sides
« Reply #63 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?
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Doktor Howl

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Re: Time to switch sides
« Reply #64 on: October 24, 2017, 01:17:12 am »

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


The only surprise about TGRR is that his mother didn't strangle him at birth.

scorch

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Re: Time to switch sides
« Reply #65 on: October 24, 2017, 05:39:58 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.


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Re: Time to switch sides
« Reply #66 on: October 24, 2017, 06:23:37 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.
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Cain

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Re: Time to switch sides
« Reply #67 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.

Doktor Howl

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Re: Time to switch sides
« Reply #68 on: October 25, 2017, 05:30:18 am »
Meh, there are sillier beliefs.

But not many that are more expensive on a personal level.

Thing is, there's no actual positive change.  You still wind up with money that is as reality-based as Wicca - like we have now - only with less regulation to deal with bad actors.

And if you think regulation of currency is a bad thing, I invite you to inspect the history of financial crashes in the United States from 1865-1938.

scorch

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Re: Time to switch sides
« Reply #69 on: October 25, 2017, 01:54:45 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

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scorch

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Re: Time to switch sides
« Reply #70 on: October 25, 2017, 02:08:00 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.

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The Invisible Man

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Re: Time to switch sides
« Reply #71 on: October 25, 2017, 07:52:13 pm »
You'll find that discordians tend to be a mixed bag.

scorch

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Re: Time to switch sides
« Reply #72 on: October 27, 2017, 05:17:46 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)

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Re: Time to switch sides
« Reply #73 on: October 27, 2017, 06:53:48 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)

I joined the same year.