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Folks - the Central Bank is an essential pillar of governance. If it 'goes down' it means, almost everything else is 'going down again'. Your BTCs are useless

by jariel 6y ago

Folks - the Central Bank is an essential pillar of governance. If it 'goes down' it means, almost everything else is 'going down again'. Your BTCs are useless in that scenario. BTC is a terrible currency and a bad store of value - and there is no 'mathematical arrangement' that can replace good governance. It would be like using digital contracts for legal contracts etc. - that won't solve corruption and inanity. What we need a are good, well managed currencies. If you don't like how they are managed, don't hold on to currency. Buy real estate, stocks, any other classical form of value and use the local currency merely as a medium of exchange and you'll be fine.

Melting_Harps 6y ago
> Folks - the Central Bank is an essential pillar of governance. Folks, I give you the cowering voice of the disrupted Industry trying to rationalize it's existence: it's pointless, we already won, time is setting everything in motion now, but ultimately your cause is lost. UBI is going to happen now and global inflation has kicked off since the pandemic, and interest rates are at near 0% if not negative in some countries. These are the same people that outsourced so many jobs in the 80s and then automated what was left in the 2000s and drowned generations of people in debt and destroyed countless amounts of Human Capital in exchange for their arrogant and psychopathic models of command and controlled economies and they now are asking you to re-consider their exceptional role in Society, which has never been anything but corrupt. The last to heads of the IMF are a convicted money launderer (Lagarde who still works there now) and a rapist (DSK), do I need to say more? Why do you cancel people on twitter and social media but let these people run free? You're right to be afraid, but you are to blame for this mess now: so, pull yourself from your bootstraps like you told the rest of us to do when we couldn't make rent to debt based economies and an ever inflating currency which wasted some of the best years of our lives living in fear due to a precarious economy and worse environmental conditions created at behest of these central banks. I'd like to see you guys do doordash during a pandemic, if that is what it takes as humility and empathy was never a possibility before for you. Hoipefully you deliver to an essential worker and see first hand what actual work looks like as you haven't done it in some time, if it all. If this company is what you thought was such a good idea to back it with billions of capital, so fucking absurd, so go and try and be useful to Society and go work for them! Downvote away, I seriously don't care about your fake internet points, they honestly mean nothing to me.
- jariel 6y ago
  Thanks for clearing up the uninformed and conspiratorial world view of the BTC supporting legions. It's fine to question these institutions, but it should be done on the basis of informed understanding, and then, the solutions arrived at from a pragmatic, informed perspective. Because once that is done, it will be clear BTC isn't really a solution to anything. Also, it's important to note the populist mania influence on these systems, to the point wherein they can quickly fall into Ponzi-like manias which defeat the purpose of the entire scheme in the first place.
  - Melting_Harps 6y ago
    > Thanks for clearing up the uninformed and conspiratorial world view of the BTC supporting legions. What are you on about, look at what has happened since the 80s in the US and in Europe and the massive wealth transfer due to policy WTO and the off-shoring to Asia, specifically in China. All of that was possible due to the US moving from a manufacturing giant to a service sector economy only possible due to reckless Central Bank money policy, creation, and market speculation. I'm lost for words with how absurd you people are about Bitcoin, but Central Banks are the largest ponzi of all, they steal from future generations to pay for the myopic and insane monetary policy of the present. We resisted and opposed all these endless wars and bailouts, but realized no amount of protesting will change their behaviour. We sought to exit this, and created a system to opt-out, but you are free to stay and have your wealth evaporated as you please. But consider that the 'smart money' is with us, and their balance sheets get bigger and bigger day by day. What bearing that has on your life and decision making is up to you, we are already so far beyond questioning and anything they say is irrelevant to us at this point, and we do not intend to listen. Janet Yellen is about as releevnt to us as CRW 'faketoshi' a minor inconvenience that simply refuses to go away and makes lots of noise, but will ultimately be silenced and would benefit by just opting in.

by jariel 6y ago

Melting_Harps 6y ago

> Folks - the Central Bank is an essential pillar of governance. Folks, I give you the cowering voice of the disrupted Industry trying to rationalize it's existence: it's pointless, we already won, time is setting everything in motion now, but ultimately your cause is lost. UBI is going to happen now and global inflation has kicked off since the pandemic, and interest rates are at near 0% if not negative in some countries. These are the same people that outsourced so many jobs in the 80s and then automated what was left in the 2000s and drowned generations of people in debt and destroyed countless amounts of Human Capital in exchange for their arrogant and psychopathic models of command and controlled economies and they now are asking you to re-consider their exceptional role in Society, which has never been anything but corrupt. The last to heads of the IMF are a convicted money launderer (Lagarde who still works there now) and a rapist (DSK), do I need to say more? Why do you cancel people on twitter and social media but let these people run free? You're right to be afraid, but you are to blame for this mess now: so, pull yourself from your bootstraps like you told the rest of us to do when we couldn't make rent to debt based economies and an ever inflating currency which wasted some of the best years of our lives living in fear due to a precarious economy and worse environmental conditions created at behest of these central banks. I'd like to see you guys do doordash during a pandemic, if that is what it takes as humility and empathy was never a possibility before for you. Hoipefully you deliver to an essential worker and see first hand what actual work looks like as you haven't done it in some time, if it all. If this company is what you thought was such a good idea to back it with billions of capital, so fucking absurd, so go and try and be useful to Society and go work for them! Downvote away, I seriously don't care about your fake internet points, they honestly mean nothing to me.

jariel 6y ago
Thanks for clearing up the uninformed and conspiratorial world view of the BTC supporting legions. It's fine to question these institutions, but it should be done on the basis of informed understanding, and then, the solutions arrived at from a pragmatic, informed perspective. Because once that is done, it will be clear BTC isn't really a solution to anything. Also, it's important to note the populist mania influence on these systems, to the point wherein they can quickly fall into Ponzi-like manias which defeat the purpose of the entire scheme in the first place.
- Melting_Harps 6y ago
  > Thanks for clearing up the uninformed and conspiratorial world view of the BTC supporting legions. What are you on about, look at what has happened since the 80s in the US and in Europe and the massive wealth transfer due to policy WTO and the off-shoring to Asia, specifically in China. All of that was possible due to the US moving from a manufacturing giant to a service sector economy only possible due to reckless Central Bank money policy, creation, and market speculation. I'm lost for words with how absurd you people are about Bitcoin, but Central Banks are the largest ponzi of all, they steal from future generations to pay for the myopic and insane monetary policy of the present. We resisted and opposed all these endless wars and bailouts, but realized no amount of protesting will change their behaviour. We sought to exit this, and created a system to opt-out, but you are free to stay and have your wealth evaporated as you please. But consider that the 'smart money' is with us, and their balance sheets get bigger and bigger day by day. What bearing that has on your life and decision making is up to you, we are already so far beyond questioning and anything they say is irrelevant to us at this point, and we do not intend to listen. Janet Yellen is about as releevnt to us as CRW 'faketoshi' a minor inconvenience that simply refuses to go away and makes lots of noise, but will ultimately be silenced and would benefit by just opting in.