General Discussion

FSogol

(47,623 posts)

68. I'm not associating a currency to a party, I'm associating libertarian thinking to libertarians.

Reply to TampaAnimusVortex (Reply #67)

Mon Jun 23, 2014, 03:26 PM

Jun 2014

Quod Erat Demonstrandum

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Bitcoin threatens kleptocracy and through that bitcoin saves capitalism [View all] TampaAnimusVortex Jun 2014 OP

Capitalism is the economic platform that bitcoin is based on ... pbmus Jun 2014 #1

LOL, Bitcoins were ridiculed to the point of people being embarrassed to bring it up snooper2 Jun 2014 #2

And you follow the crowd all the time? TampaAnimusVortex Jun 2014 #4

I built the internet dude, go get as many "bitcoins" as you can "find" snooper2 Jun 2014 #21

Just what I thought... TampaAnimusVortex Jun 2014 #23

intro level cable puller? Never heard of that job title before LOL snooper2 Jun 2014 #33

That dodge was almost as good as Neo... TampaAnimusVortex Jun 2014 #35

Something is getting pulled. FSogol Jun 2014 #63

How can you threaten thievery with a system that can be Skidmore Jun 2014 #57

Bitcoin is a hilarious pseudo currency that only helps speculators and criminals Taitertots Jun 2014 #3

I would argue that no currency in existence helps speculators and criminals more than the US dollar. Gravitycollapse Jun 2014 #6

But the US dollar doesn't ONLY help speculators and criminals. Taitertots Jun 2014 #12

There's nothing in cryptocurrency which precludes... Gravitycollapse Jun 2014 #19

You mean criminals like Ebay, Expedia, and Dish Networks? TampaAnimusVortex Jun 2014 #24

A tiny fraction of the world market has started catering to drug dealers, child pornographers and... Taitertots Jun 2014 #75

Welcome to 2014 TampaAnimusVortex Jun 2014 #8

Do you? *cough*cough* Mt Gox *cough*cough* Taitertots Jun 2014 #15

And of course they benefit those companies that adopt it... TampaAnimusVortex Jun 2014 #36

All currency is pseudo currency. ZombieHorde Jun 2014 #55

If I ever want to buy some meth, I'll be sure to get into bitcoin jmowreader Jun 2014 #5

So you want to get rid of cash? TampaAnimusVortex Jun 2014 #7

Bitcoin only threatens kleptocracy in that it hasn't yet been appropriated by the ruling order. Gravitycollapse Jun 2014 #9

If commodity money was so good why doesn't the world run on it? joshcryer Jun 2014 #10

The technology did not exist to create crypto-currency when fiat currency was popularized. Gravitycollapse Jun 2014 #11

Mt.Gox handled 70% of all bitcoin transactions. joshcryer Jun 2014 #13

But the appropriation of these means will always ensure that the security of capital... Gravitycollapse Jun 2014 #18

You dont have to see it... TampaAnimusVortex Jun 2014 #25

Why do you continue to put quotation marks around short? OilemFirchen Jun 2014 #80

Bitcoins are fiat currency Taitertots Jun 2014 #16

How are they fiat? joshcryer Jun 2014 #17

Mises.org? LOL. But bitcoin is fiat because it has no intrinsic value. Taitertots Jun 2014 #20

That's their view! That's why I linked them. joshcryer Jun 2014 #22

Gold has numerous uses in industrial and commercial products Taitertots Jun 2014 #41

Of course Bitcoin has intrinsic value... as a payment network. TampaAnimusVortex Jun 2014 #26

That is as specious as claiming that the USD has intrinsic value Taitertots Jun 2014 #42

Do you even know what "intrinsic value" means? TampaAnimusVortex Jun 2014 #46

You sound like a desperate speculator trying to find people to buy into your pseudo currency scam. Taitertots Jun 2014 #74

I'll take that as a no. TampaAnimusVortex Jun 2014 #79

You can take it as: No I won't buy into your pseudo currency scam Taitertots Jun 2014 #82

Bitcoin has already been the subject of a 51% attack and it will happen again. pnwmom Jun 2014 #14

Good post... really good post trumad Jun 2014 #77

Thanks. I wrote an OP about this but didn't get any responses. pnwmom Jun 2014 #78

Bitcoin threatens taxation and therefore is anathema to a working Democracy. randome Jun 2014 #27

We didnt have a democracy prior to the income tax? TampaAnimusVortex Jun 2014 #29

Much more difficult to monitor transactions. randome Jun 2014 #30

Not sure how you get that... TampaAnimusVortex Jun 2014 #34

But money can be traced (serial #s). Bitcoins cannot. They don't exist in a physical form. randome Jun 2014 #51

Bitcoin technology allows for tracking TampaAnimusVortex Jun 2014 #54

That's a really interesting video, thanks MannyGoldstein Jun 2014 #28

The jury may still be out on BC, but DonCoquixote Jun 2014 #31

Government needs to control and manage currencies Lee-Lee Jun 2014 #32

Except for the fact that them controlling the currency isnt working. TampaAnimusVortex Jun 2014 #38

Let us know when bitcoin builds a park or a public road, or delivers some humanitarian food/medicine FSogol Jun 2014 #43

You evaded the point I made TampaAnimusVortex Jun 2014 #44

Why are all the loony libertarians so goofy about Bitcoin? FSogol Jun 2014 #37

When did Ebay, Expedia, and the countless other companies because political? TampaAnimusVortex Jun 2014 #39

You don't think Ebay is political? And why did you leave overstock off the list this time? FSogol Jun 2014 #40

So since libertarians use hammers, I guess we need to get rid of them too. TampaAnimusVortex Jun 2014 #45

I'll say it again. Fuck Rand Paul. FSogol Jun 2014 #47

Do you think anyone here cares? TampaAnimusVortex Jun 2014 #48

LOL. A fool and his money are soon parted. n/t FSogol Jun 2014 #49

LOL. You mean like those holding inflationary dollars? I agree! TampaAnimusVortex Jun 2014 #50

Have you ever responded to someone who disagrees with you without an insult? FSogol Jun 2014 #61

Well as soon as I get a reasoned response, we can have a reasoned discussion. TampaAnimusVortex Jun 2014 #64

Who'd I insult? Rand Paul and his followers? FSogol Jun 2014 #66

Assuming anyone that uses Bitcoin is a follower of Paul IS an insult... TampaAnimusVortex Jun 2014 #67

I'm not associating a currency to a party, I'm associating libertarian thinking to libertarians. FSogol Jun 2014 #68

I understand that you get 200 bitcoins for passing go. Orrex Jun 2014 #52

Amway threatens kleptocracy and through that Amway saves capitalism tridim Jun 2014 #53

Are you still blathering? TampaAnimusVortex Jun 2014 #56

I found my point years ago... Bitcoin is a scam, just like Amway. tridim Jun 2014 #58

The very fact that you think theres a top shows your ignorance... TampaAnimusVortex Jun 2014 #60

Mt. Gox is at the top. He got rich because Bitcoin is a scam. tridim Jun 2014 #73

Mnt Gox didn't invent bitcoins. Try again. /nt TampaAnimusVortex Jun 2014 #81

The hilariousness of the bitcoin lover complaining about inflation and deflation Taitertots Jun 2014 #76

Bitcoin's got what plants crave! Tommy_Carcetti Jun 2014 #59

You win the thread! FSogol Jun 2014 #62

LOL!!! derby378 Jun 2014 #65

LibertarianCoin - I've got mine! MineralMan Jun 2014 #69

Bitcoin is great... I love mine! ReverendDeuce Jun 2014 #70

I read recently where a 15 year old made 100k off them! TampaAnimusVortex Jun 2014 #71

Yeah, hindsight is 20-20 as they say... n/t ReverendDeuce Jun 2014 #72

kick for lulz LeftyMom Jun 2014 #83