The prediction of Bitcoin in 1997 from the book "The Sovereign Individual" - GoFuckYourself.com

D Ghost · 02-18-2021, 01:47 PM

Great read btw: https://www.amazon.com/Sovereign-Ind.../dp/0684832720

CaptainHowdy · 02-18-2021, 01:53 PM

There should be a cybermoney (cryptocurrency) political party then ? ?

D Ghost · 02-18-2021, 02:02 PM

Quote:

Originally Posted by CaptainHowdy

There should be a cybermoney (cryptocurrency) political party then ? ?

The individual will be the new political party, as the traditional parties and nation-state forms will continue to decay to a minimal size. But not easily. The leviathan of the nation-state will fight for its life.

Here's what happens when a gov't TRIES (because you can't actually) to ban Bitcoin. It trades at a significant premium...

Nigeria Crypto Ban: Bitcoin Sells for $76,000 as Deposits on Centralized Exchanges Plummet
https://news.bitcoin.com/nigeria-cry...anges-plummet/

CaptainHowdy · 02-18-2021, 02:28 PM

Quote:

Originally Posted by D Ghost

The individual will be the new political party, as the traditional parties and nation-state forms will continue to decay to a minimal size. But not easily. The leviathan of the nation-state will fight for its life.

Here's what happens when a gov't TRIES (because you can't actually) to ban Bitcoin. It trades at a significant premium...

Nigeria Crypto Ban: Bitcoin Sells for $76,000 as Deposits on Centralized Exchanges Plummet
https://news.bitcoin.com/nigeria-cry...anges-plummet/

Stirner's "Union of Egoists". As a romantic anarchist myself that would be fun to watch.

ruff · 02-18-2021, 04:42 PM

This article fails to address the fact that money, any kind of money, leaves a trail. Whether a government uses fiat or crypto, one or the other will always be the coin of the realm. Any transaction requires a minimum of two entities. To defraud requires two crooks which is about right and nothing new. But any other transaction with two individuals where one is legit and the other is not, will not bode well for the illegitimate one if the government comes sniffing around at tax time. So there will be as much control over crypto as there is fiat. They won't be coming after me just yet, but they will, they always do.

lezinterracial · 02-18-2021, 05:44 PM

The way Elon Musk and Jack Dorsey push bitcoin, They don't have the right to talk to us about energy conservation ever again.

jscott · 02-18-2021, 11:01 PM

Quote:

Originally Posted by lezinterracial

The way Elon Musk and Jack Dorsey push bitcoin, They don't have the right to talk to us about energy conservation ever again.

They are into Bitcoin partially for energy tech & conservation. You've got it backwards.

Highly recommend you learn about Bitcoin and green energy, especially from Nic Carter
https://www.coindesk.com/the-last-wo...gy-consumption

Elon said years ago he likes Bitcoin but couldn't support BTC bcos of it's energy consumption, he obviously learned a lot in the last few years.

PornDiscounts-V · 02-19-2021, 12:23 AM

Aren't the poor the only victims of inflation anyway?

jscott · 02-19-2021, 12:29 AM

Quote:

Originally Posted by PornDiscounts-V

Aren't the poor the only victims of inflation anyway?

Yep, and sadly it seems like they're the ones who support inflation the most

D Ghost · 02-19-2021, 10:33 AM

Quote:

Originally Posted by jscott

They are into Bitcoin partially for energy tech & conservation. You've got it backwards.

Highly recommend you learn about Bitcoin and green energy, especially from Nic Carter
https://www.coindesk.com/the-last-wo...gy-consumption

Elon said years ago he likes Bitcoin but couldn't support BTC bcos of it's energy consumption, he obviously learned a lot in the last few years.

D Ghost · 02-19-2021, 10:33 AM

Quote:

Originally Posted by jscott

Yep, and sadly it seems like they're the ones who support inflation the most

Exactly, a sad irony.

02-18-2021, 01:47 PM	#1
D Ghost null Industry Role: Join Date: May 2006 Posts: 9,820	The prediction of Bitcoin in 1997 from the book "The Sovereign Individual" Great read btw: https://www.amazon.com/Sovereign-Ind.../dp/0684832720

02-18-2021, 01:53 PM	#2
CaptainHowdy Too lazy to set a custom title Industry Role: Join Date: Dec 2004 Location: Happy in the dark. Posts: 93,035	There should be a cybermoney (cryptocurrency) political party then ? ? __________________ FLASH SALE INSANITY! deal with a 100% Trusted Seller Buy Traffic Spots on a High-Quality Network 1 Year or Lifetime — That’s Right, Until the Internet Explodes!

02-18-2021, 04:42 PM	#5
ruff I have a plan B Industry Role: Join Date: Aug 2004 Location: Seattle - Miami - St Kitts Posts: 5,501	This article fails to address the fact that money, any kind of money, leaves a trail. Whether a government uses fiat or crypto, one or the other will always be the coin of the realm. Any transaction requires a minimum of two entities. To defraud requires two crooks which is about right and nothing new. But any other transaction with two individuals where one is legit and the other is not, will not bode well for the illegitimate one if the government comes sniffing around at tax time. So there will be as much control over crypto as there is fiat. They won't be coming after me just yet, but they will, they always do. __________________ CryptoFeeds

02-18-2021, 05:44 PM	#6
lezinterracial Confirmed User Industry Role: Join Date: Jul 2012 Posts: 3,064	The way Elon Musk and Jack Dorsey push bitcoin, They don't have the right to talk to us about energy conservation ever again. __________________ Live Sex Shows

02-19-2021, 12:23 AM	#8
PornDiscounts-V Confirmed User Industry Role: Join Date: Oct 2003 Location: L.A. Posts: 5,740	Aren't the poor the only victims of inflation anyway? __________________ Blog Posts - Contextual Links - Hardlinks on 600+ Blog Network * Handwritten * 180 C Class IPs * Permanent! * Many Niches! * Bulk Discounts! GFYPosts /at/ J2Media.net