Happy Birthday Bitcoin!

Matt, Luke is batshit crazy, but you're literally the worst poster in the history of this forum.

We all live in the real world, and you have just as many (well maybe almost as many) delusions as Luke.

It's an idiot argument to say, "My opinion is right because it exists in THE REAL WORLD and your opinion is wrong because it is in FANTASY LAND".

Why not reply with "NEENER NEENER NEENER"? It's as solid a reply.

If you can't demonstrate why Luke's argument is bad (it's fucking easy) then just STFU because this nonsense about THE REAL WORLD is one of the stupidest things someone can say in an argument.
 


It was absolutely unavoidable that you would have come to this exact conclusion Matt. You've outted yourself as a statist on many occasions.
This is Ad Hominem. Matt needs examples of good posting so he can stop being a forum shitler. Help him out by being that good example.
 
I don't have time to argue against both of you, but I'll leave you with a Y Combinator school video where Srinivasan, investor, lecturer, and also the owner of Coindesk.com gives a presentation on basically using silicon valley to remove power from all world governments, with Bitcoin as their biggest tool.
It's a good thing I don't consider you an intellectual, because you're fucking terrible.

I will say this one more time. The problem isn't technology. It's the people. It has always been the people. There is no miracle technology that makes a bad man a good man.

When they come for your Bitcoins, all of that cryptography is useless when you're dead or in jail. And they will come because the masses of socialists and legions of state bureaucrats won't allow you to withdraw funding their lifestyles.
 
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When they come for your Bitcoins, all of that cryptography is useless when you're dead or in jail. And they will come because the masses of socialists and legions of state bureaucrats won't allow you to withdraw funding their lifestyles.
Aha, now we're getting to the crux of the argument instead of dancing around the ropes... You feel that if bitcoin, or any other money that isn't fiat takes off then the powers that be will simply stick you in prison like Ross Ulbricht is now.

The problem with this is two fold; one, even the USSA doesn't have enough guns to come after 350 Million murikans who like their new "fee-free version of paypal." The INCENTIVES that this technology offers to people, once it goes mainstream and they actually understand their incentives, is powerful. It will save them money, and allow them Access to services they simply cannot get otherwise.

Yes, the government can make it hard for some of them to ever get enough exposure to bitcoin, especially the old farts that aren't long for this earth, but ALL of the younger generation knows about bitcoin now, and many of them are using services in whole new industries that can only exist using cryptocurrency.

Secondly, the USSA isn't the only country on the planet. The governments of Germany, Russia and especially China are all pretty happy with bitcoin, at least for now. Your government just passed a law saying "It's money and we'll tax it!" So clearly the national problems aren't half as bad as you make them out to be.


I will say this one more time. The problem isn't technology. It's the people. It has always been the people. There is no miracle technology that makes a bad man a good man.
I see the people as a broken part in an otherwise workable system.

Yes, they're lazy little statist sheeple. Yes, they just want free stuff. And Yes, they're not going to educate themselves on what money is, much less why bitcoins make good money.

BUT, bitcoin doesn't need them to. It offers them access to things they simply cannot get otherwise. Whole industries, both legal and illegal, are only available to them via bitcoin, and so they'll just see their friends using some service (like prizefighting videogames) or product (like illegal drugs) and ask "How do I get some of that?"

The answer will always be: "Get some bitcoin, then go to www..."

They don't need an anarchist education to want to play videogames or smoke some pot, do they?

Like Droplister said above, now there are hundreds or thousands of anti-state folks with newfound wealth who all will be likely to offer more services like these. Eventually these folks will make it so that every good thing on this planet that money can buy, will ONLY be available for bitcoins.

Taxes; yeah, those are still only available in legal tender currencies, but somehow I suspect that people will start earning less and less of those currencies as time goes on, mysteriously. :anon.sml:
 
The problem with this is two fold; one, even the USSA doesn't have enough guns to come after 350 Million murikans who like their new "fee-free version of paypal."
Luke, I doubt 1 in 100 Americans, let alone 1 in 1,000 Americans knows what Bitcoin is.

Second, they already collect taxes just fine.

Yes, the government can make it hard for some of them to ever get enough exposure to bitcoin, especially the old farts that aren't long for this earth, but ALL of the younger generation knows about bitcoin now, and many of them are using services in whole new industries that can only exist using cryptocurrency.
All they have to do is make it illegal, like eGold. Stroke of a pen, law of the land. Pretty cool.

Secondly, the USSA isn't the only country on the planet. The governments of Germany, Russia and especially China are all pretty happy with bitcoin, at least for now. Your government just passed a law saying "It's money and we'll tax it!" So clearly the national problems aren't half as bad as you make them out to be.
My government also taxes barter. Taxing Bitcoin is bad, because it means Bitcoin transactions can't be anonymous. If it's just another currency, what is the point?

Look dude, you can get all of the Bitcoins you want doing approved activities, but when they audit you, they are going to demand answers for what you bought on the Silk Road. Oh wait, we keep separate BTC accounts. Oh wait, they will make you show where the Bitcoins went.

Of course they will tax Bitcoin. They aren't going to let any economic activity go untaxed.

HOLY FUCK I CANT BELIEVE YOU THINK TAXING BITCOIN IS SOMEHOW A GOOD THING.

Like Droplister said above, now there are hundreds or thousands of anti-state folks with newfound wealth who all will be likely to offer more services like these. Eventually these folks will make it so that every good thing on this planet that money can buy, will ONLY be available for bitcoins.
If they don't pay taxes, they will go to jail.

Taxes; yeah, those are still only available in legal tender currencies, but somehow I suspect that people will start earning less and less of those currencies as time goes on, mysteriously. :anon.sml:
You've obviously never been audited.
 
The notion that being able to buy drugs with Bitcoin is somehow going to transform statists into libertarians is the most mentally retarded thing I have read today, and believe me, there was stiff competition for that distinction.

Statists already do drugs. Politicians break their own laws all the time.

It's called a double standard. It's what humans do.

Again, the technology cannot make bad people good.
 
Well at least we're talking the same language now.

Luke, I doubt 1 in 100 Americans, let alone 1 in 1,000 Americans knows what Bitcoin is.
Give it time bro; give it time. 70,000 new vendors just learned that they can accept bitcoin on Shopify.com this week. Last week a bunch of Subway restaurants started accepting it. Just watch, it comes in spurts and drips, but it never, ever stops.

All they have to do is make it illegal, like eGold. Stroke of a pen, law of the land. Pretty cool.
...Yet they keep talking about it as if it's A-OK, passing minimals laws to restrict it. Heck, even an economist at the Federal Reserve just defended bitcoin!

Rumors of the state's attack on bitcoin have been greatly exaggerated.

Some of the regulators already know that the public blockchain is the best crime-fighting tool they could ever ask for.


My government also taxes barter. Taxing Bitcoin is bad, because it means Bitcoin transactions can't be anonymous.
Now we're heading into that one place that I don't want to talk about on the public record, for very obvious reasons. I highly encourage every murkian reading this to pay every penny of tax on every dollar your receive.

Let's just leave it at that, shall we?


Look dude, you can get all of the Bitcoins you want doing approved activities, but when they audit you, they are going to demand answers for what you bought on the Silk Road. Oh wait, we keep separate BTC accounts. Oh wait, they will make you show where the Bitcoins went.

1. Talking about the silk road is insulting since the economy of bitcoin was still there and growing the whole month that there was no silk road. It's a smear of an example.

2. Let's just leave it at that, shall we?


HOLY FUCK I CANT BELIEVE YOU THINK TAXING BITCOIN IS SOMEHOW A GOOD THING.
STRAWMAN 100%. Admit it.
 
Give it time bro; give it time.
Then stop being a shitler and talking about 350 million Americans.

STRAWMAN 100%. Admit it.
What strawman? You used the fact that Canada is taxing Bitcoins as some sort of proof that Bitcoin is overcoming the state hurdle.

I'm not perfect, but for god's sake, every time you try to call out a logical fallacy, you fail. Just don't do it. Or stop being a shithead and go learn what logical fallacies are so you can identify them.

Also, I didn't read the rest of your post. Like seriously, I read the first few sentences and the last line. Sorry.
 
Then stop being a shitler and talking about 350 million Americans.
Were we not speaking about the future? Future availability? Future adoption of the coin? Future price?

I'm pretty sure the size of the total market is relevant when speaking about such things.


What strawman?
guerilla said:
YOU THINK TAXING BITCOIN IS SOMEHOW A GOOD THING
Obviously I don't. You misrepresented my position bigtime.

You used the fact that Canada is taxing Bitcoins as some sort of proof that Bitcoin is overcoming the state hurdle.
It wasn't the taxing; but the regulation itself that did not condemn bitcoins outright.


stop being a shithead and go learn what logical fallacies are so you can identify them.
LOL!

Also, I didn't read the rest of your post. Like seriously, I read the first few sentences and the last line. Sorry.
So to some up, here's where we stand:

1. I write a thread trumpeting bitcoin's success and give a bit of history to make it interesting. It didn't involve you at all.
2. You come along and shit all over the thread naysaying bitcoin like you always do.
3. I respond fairly; but you admit that you have stopped reading the responses.
4. You are caught in a strawman dead to rights; after claiming I can't even spot one.
5. You even call me names several times including "batshit crazy," a "shitler" (whatever that is) and a "shithead."​

I think that about sums it up...

Sounds a bit childish, doesn't it? Maybe, just maybe, I actually do have a point somewhere in there even if I'm not 100% right. Why so much resistance? I think you're bigger than this. Own it and grow from it.
 
Sounds a bit childish, doesn't it? Maybe, just maybe, I actually do have a point somewhere in there even if I'm not 100% right. Why so much resistance? I think you're bigger than this. Own it and grow from it.
Ah yes, the fact that I make fun of how fucking nuts you are is definitely proof positive that you're on to something.

Here is a clue amigo, regulation is bad for Bitcoin if you're a libertarian with hopes it will upset the global paradigm. Regulation is a leash.

But then, if you bothered to study any economics, you'd know that.

As far as me mocking you and calling you names, you missed the whole KINDER GENTLER GUERILLA period. We're in the NO FUCKS GIVEN DUNK DUNK DUNK era now. Your bad timing.
 
If theres a fixed upper bound for the amount of coins that will ever exist, all you have to do is buy some and sit on them til all those drug vendors get theirs seized.

If Luke really believed in his stuff, he'd be busy writing put options with 3+years maturity all day.

I just whipped up a bitcoin site a couple days ago and it's sitting on 2k uvs per day collecting leads. Shits too easy to rank.

There are arbitrage opportunities in Bitcoin everywhere. I'm too lazy to collect on them. Free for all.
 
Don't forget the possible default was pushed back till 2014. There is a reason BTC will be going beyond 1k in 2014.
 
Ah yes, the fact that I make fun of how fucking nuts you are is definitely proof positive that you're on to something.
More baseless name-calling.

You might have some of the newbs on here believing in your credibility still, but you're rapidly losing me.


Here is a clue amigo, regulation is bad for Bitcoin if you're a libertarian with hopes it will upset the global paradigm. Regulation is a leash.

But then, if you bothered to study any economics, you'd know that.
After years of being an anarchist, and you even personally saw all of the Mises quotes on my facebook feed, do you honestly believe that I didn't know that regulation is bad for bitcoin? Really? I kinda doubt that.

As with all things bitcoin; the game played with the regulators is chess... You're only playing checkers here.


As far as me mocking you and calling you names, you missed the whole KINDER GENTLER GUERILLA period. We're in the NO FUCKS GIVEN DUNK DUNK DUNK era now. Your bad timing.
No problem, I've put up with potty-mouthed children before. It's sad to see an anarchist devolve into one though.
 
Matt, Luke is batshit crazy, but you're literally the worst poster in the history of this forum.

So does this mean you're not going to bake me an apple pie next year for Thanksgiving?

PS. If you need to relieve some stress, or blow off some steam, there's better ways to go about it than being a complete asshole.
 
US Senate hearing on the 18th to discuss bitcoin and if they're going to try to regulate it or not. What do you guys think the outcome will be?