...which is why it will be made illegal soon. Governments aren't interested in granting liberties. It tends to make law enforcement more difficult, and law enforcement tends to be lazy in the first place.
It will be tough to enforce though...
Jason Calacanis is Wrong: Bitcoin is Greatest Hope for Liberty
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Re: Jason Calacanis is Wrong: Bitcoin is Greatest Hope for Liberty
#12Bitcoin’s success would be the greatest victory for human liberty since the creation of limited democracy, the emancipation of slaves, or woman’s suffrage. The Bitcoin community needs a serious check. I didn't even make it past that because fuck you for putting your cryptocurrency in the same class as those historic human moments. Who the hell do you think you are? ---- Since everyone is running up to criticize me fo…
Let's put it this way... who knows whether Bitcoin will amount to much at all. But the horrors of inflation are just as serious as the horrors of tyrannical governments and slavery. Inflation causes capital miss-allocations in the hundreds of billions of dollars, possibly even trillions. Eventually you have to put a price on this and say that millions of man years worth of effort are either out right wasted or lost i…
> But the horrors of inflation are just as serious as [...] slavery.
Do tell me how. That is a hilarious assertion. I really hope you're kidding.
Somehow, the rich getting richer and the poor getting poorer doesn't quite have the same ring to it of publicly lynching people because their skin is a different color. Problems with a market aren't even on the same level as buying and selling humans because they are a minority.
I'm not a member of a race that generally suffered from forced slavery, and even I am offended that you would draw the parallel.
Re: Jason Calacanis is Wrong: Bitcoin is Greatest Hope for Liberty
#13I'm a little confused - why would losing your laptop for example cause you to lose your bitcoins? Wouldn't the current value of each user be stored in this chain they mention?
Shouldn't there be a way to back up your bitcoins? Seems like it would be very vulnerable to an EMP attack, right?
Re: Jason Calacanis is Wrong: Bitcoin is Greatest Hope for Liberty
#14Bitcoin’s success would be the greatest victory for human liberty since the creation of limited democracy, the emancipation of slaves, or woman’s suffrage. The Bitcoin community needs a serious check. I didn't even make it past that because fuck you for putting your cryptocurrency in the same class as those historic human moments. Who the hell do you think you are? ---- Since everyone is running up to criticize me fo…
Hey Sprinkles, I'm reading your comments and trying to figure out if you support freedom or not... If the government is robbing its citizens, and forcing the poorest of them to pay a monstrous inflation tax, why is a FREE CHOICE alternative to fight government oppression a threat to you?
"I'm reading your comments and trying to figure out if you support freedom or not..."
It's shit like this that makes it difficult to take libertarians seriously.
Re: Jason Calacanis is Wrong: Bitcoin is Greatest Hope for Liberty
#15Bitcoin’s success would be the greatest victory for human liberty since the creation of limited democracy, the emancipation of slaves, or woman’s suffrage. The Bitcoin community needs a serious check. I didn't even make it past that because fuck you for putting your cryptocurrency in the same class as those historic human moments. Who the hell do you think you are? ---- Since everyone is running up to criticize me fo…
Let's put it this way... who knows whether Bitcoin will amount to much at all. But the horrors of inflation are just as serious as the horrors of tyrannical governments and slavery. Inflation causes capital miss-allocations in the hundreds of billions of dollars, possibly even trillions. Eventually you have to put a price on this and say that millions of man years worth of effort are either out right wasted or lost i…
Longterm economic servitude under the rule of banking-government complex has a small chance to be broken with this tool. Recall that the shortsighted among us also were fussing and fuming when email went from being in the domain of academic geeks to the unwashed masses.
Some people just dislike change for the better, I guess.
Re: Jason Calacanis is Wrong: Bitcoin is Greatest Hope for Liberty
#16Bitcoin’s success would be the greatest victory for human liberty since the creation of limited democracy, the emancipation of slaves, or woman’s suffrage. The Bitcoin community needs a serious check. I didn't even make it past that because fuck you for putting your cryptocurrency in the same class as those historic human moments. Who the hell do you think you are? ---- Since everyone is running up to criticize me fo…
Hey Sprinkles, I'm reading your comments and trying to figure out if you support freedom or not... If the government is robbing its citizens, and forcing the poorest of them to pay a monstrous inflation tax, why is a FREE CHOICE alternative to fight government oppression a threat to you?
Inflation is not a tax.
Furthermore, a rise in the dollar-denominated price of gold is not inflation; inflation is a rise in the nominal price of things we actually buy.
Re: Jason Calacanis is Wrong: Bitcoin is Greatest Hope for Liberty
#17...which is why it will be made illegal soon. Governments aren't interested in granting liberties. It tends to make law enforcement more difficult, and law enforcement tends to be lazy in the first place.
It will be tough to enforce though...
Clearly you have never dealt with a government.
You are hedging your entire startup on the government not getting involved and freezing your accounts, by the way. Smart move! (Clever promotion, might I add, especially with that little footer.)
Re: Jason Calacanis is Wrong: Bitcoin is Greatest Hope for Liberty
#18Earlier quoted context omitted.
This stuff is legitimately important. Being so dismissive of it is dangerous. We have a real shot at solving a problem thusfar unsolved. Also, its not just a software project, any more than the push for those things were just paper being signed. If you end up reading the article and disagreeing with my points, let me know. Also, I am clear in the article that it is only if it succeeds will it be considered that.
I am not dismissive of the problem nor of BitCoin's potential. I am dismissive of you comparing BitCoin to some of humanity's greatest achievements like it has actually earned such a distinction. Maybe someday it will. Until then do not dare to put BitCoin in the same league as emancipation or women's suffrage . Good grief. That is the most offensive thing I've read on Hacker News in ages. That you would even conside…
> Disruption of currency will NEVER be an achievement for humanity on the scale of ending the suffering of a gender or a race.
Modern day fractional reserve currency is THE main tool being used to enforce our current servitude, a servitude that most people are unaware that they're in. Running into our fourth or fifth generation of inherited servitude makes it difficult for people to recognize their condition.
What is it said by Goethe?:
"None are so hopelessly enslaved as those who falsely believe they are free."
Re: Jason Calacanis is Wrong: Bitcoin is Greatest Hope for Liberty
#19Earlier quoted context omitted.
Hey Sprinkles, I'm reading your comments and trying to figure out if you support freedom or not... If the government is robbing its citizens, and forcing the poorest of them to pay a monstrous inflation tax, why is a FREE CHOICE alternative to fight government oppression a threat to you?
Inflation is not a tax. Furthermore, a rise in the dollar-denominated price of gold is not inflation; inflation is a rise in the nominal price of things we actually buy .
Inflation is one of the worst taxes of all because the government can hide how much of the value of the dollar they take from us!
Further, inflation is an increase in the money supply (ie printing new money). It is NOT an increase in price of goods, although it usually causes price increases as producers and consumers react.
Re: Jason Calacanis is Wrong: Bitcoin is Greatest Hope for Liberty
#20Earlier quoted context omitted.
Hey Sprinkles, I'm reading your comments and trying to figure out if you support freedom or not... If the government is robbing its citizens, and forcing the poorest of them to pay a monstrous inflation tax, why is a FREE CHOICE alternative to fight government oppression a threat to you?
"I'm reading your comments and trying to figure out if you support freedom or not..." It's shit like this that makes it difficult to take libertarians seriously.
It's not even libertarians. Here's what's happening for those playing along at home:
- Article about Bitcoin appears praising it for being as important as emancipation.
- I disagree with that comparison, strongly, including a personal "fuck you" to the author for being so obtuse.
- Community reviles me as an enemy of change and liberty.
It's clearly a logical progression, is it not? Obviously, I hate BitCoin due to my position. I had better agree with everything said about BitCoin or I am standing in the way of freedom.