Sunday, May 5, 2019
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Argentina
The tweet originates from Anthony Pompliano, otherwise known as Pomp, who works at Morgan Creek Digital Asset where he runs cryptographic money subsidize.
Anyway, have I been off-base from the beginning about bitcoin? As an individual who has been understanding me for some time will know, I've been suspicious of the bitcoin-as-cash story. As opposed to satisfying Satoshi Nakamoto's vision similar to a cutting edge mode of trade, Bitcoin has gone standard as another sort of betting innovation—an energizing decentralized lose-lose budgetary amusement. This is a fairly valuable job, however, let's be honest, it's not exactly as progressive as computerized money.
Be that as it may if Argentinians are surely hailing rides and paying drivers straightforwardly with bitcoins, as Pompliano is by all accounts saying, at that point possibly I've rushed to reject the bitcoin-as-cash situation. Paying for stuff is actually what Satoshi Nakamoto planned bitcoin to do, isn't that so? So I delved further into the tweet.
Twitter: Couldn't discover anything in the news about this. Did anybody get a strong source?
Ceremony: https://cointelegraph.com/news/uber-changes to-bitcoin-in-Argentina-after-govt-squares uber-charge cards
Twitter: Pomp that was 2 years prior
Ceremony: Does that make it less significant?
Furthermore, that is the manner by which Pomp left things. So it would seem that I am very brave to do.
Here's the fine print. In 2016, the City of Buenos Aires requested the real charge card organizations to hinder Uber's App. Stanford Law School's WILmap venture has a definite post on this. So Argentinians all of a sudden found that while their MasterCard and Visa cards worked for everything else, they could never again be utilized to get a Uber ride.
Contra Pompliano, Uber did not react by enabling clients to buy rides with bitcoin. Or maybe, the organization called attention to that any individual who had a particular sort of prepaid check card could sneak by the Uber ban.
To do the hack, the primary thing that an Argentinian needed to do was to apply for a prepaid check card from any of Entropay, EcoPayz, Payoneer, or ZapZap. These are non-Argentinean installments organizations. Entropay, for example, is situated in Europe and issues Visa-marked platinum cards in an organization with a Malta-based bank, Bank of Valletta. Once Entropay had affirmed an Argentinean for a record, either a physical platinum card would be sent via mail to the candidate's location in Argentina or a virtual card would be immediately made. An Argentinean could then sign on to Entropay's site and utilize their nearby Visa, a similar one that had been fixed by the Uber ban, to top up the Entropay prepaid check card. With the check card currently subsidized, it could be utilized locally to pay for Uber rides.
In the engine, prepaid cards issued by Entropay are actually simply customary Visa cards. So when a Uber ride was mentioned in Buenos Aires, an Entropay card would have utilized a similar Visa rail that an ordinary Argentinean charge card utilized. For what reason would an Entropay Visa card be acknowledged yet a standard Visa card denied?
The stub is by all accounts this: the boycott appears to just have connected to installments affected by locally issued cards. At the point when installments to Uber started from Entropay or any of the cards recorded above, they were reserved as beginning universally, for Entropay's situation presumably from Malta-based Bank of Valetta, thus Entropay installments had the capacity to squeak by. Voila, by swapping residential cards with universal ones, Argentinians could maintain a strategic distance from the bar.
Various bitcoin charge cards additionally empowered the hack, including Xapo and Satoshi Tango. Possibly this is the thing that Pomp is alluding to in his tweet. In any case, it is inappropriate to state that these cards enabled Argentinians to "buy rides with Bitcoin," as he asserts.
Preceding paying for a Uber ride, an Argentinian needed to stack U.S. dollars onto the bitcoin platinum card by selling bitcoins for dollars on a bitcoin trade. Either the card proprietor did this physically, or the card supplier quickly sold bitcoin in a similar moment that the installment was mentioned. In either case, bitcoins weren't spilling out of the cardholder to Uber. Fiat cash had been pre-stacked onto the card, and everything after that was only a customary exchange over the Visa or MasterCard organize.
These bitcoin platinum cards are actually the same as gold-based charge cards. Nor are they any not the same as the registration and platinum card benefits given by some U.S. currency advertise shared assets. Neither bitcoins nor gold, not common store units is being exchanged from the cardholder to the vendor. Or maybe, everything is by and large rapidly sold and transformed into fiat, at that point prepared along indistinguishable rails from some other installment.
In principle, a wide range of advantages may be charge card estimated along these lines. Purchase an espresso with your Facebook check card, for example, and underneath the exchange's hood your Facebook share(s) are as a rule rapidly sold on the securities exchange for dollars, those dollars being the medium that at last settles the installment among you and the bistro. Entangling matters is that Facebook shares, which exchange at $165, can't be cut into portions, not at all like bitcoins or parts of a gold bar, so paying for a $3 espresso may get somewhat cumbersome.
So coming back to the tweet, review that Pomp declared that "more organizations will start utilizing Bitcoin to battle back against debasement." But this wasn't the situation with Uber. As should be obvious from the abovementioned, the organization battled back by indicating a flawless hack of the current Mastercard systems. The reason that Xapo and Satoshi Tango bitcoin cards had the capacity to empower Uber buys in Argentina wasn't a result of their remarkable bitcoin nature. For Xapo's situation, the card was issued by Wave Crest Holdings, a Gibraltar-based organization. Like an ordinary fiat-based Entropay card, the approaching Xapo card installment was named a worldwide one, and along these lines, it got away from the household bar.
Most bitcoin check cards are never again practical. Wave Crest, the card supplier through which most bitcoin firms banded together, was suspended by Visa for rebelliousness with Visa's guidelines in mid-2018. In the event that you go to VoyEnUber.com, an autonomous Argentinean site that writes about Uber, you'll see that it has delisted Xapo and Satoshi Tango from its rundown of approaches to pay for Uber. The non-bitcoin prepaid charge cards are still there. So Pomp's tweet is twice wrong: 1) not exclusively was Argentinians not utilizing bitcoin to pay for Uber rides in 2016 however; 2) when of his tweet, they are not notwithstanding making Xapo card installments since Visa has cut that choice off.
Notwithstanding utilizing outside cards to pay for Uber rides, it appears that individuals in Buenos Aires are additionally paying with money. As per the article, when riders pay with banknotes, there is no chance to get for Uber to gather its 25% bonus, so drivers are progressively indebting themselves to the organization. Or on the other hand, put in an unexpected way, drivers are tolerating money, at that point paying Uber with an individual IOU. The incongruity here is that a mix of antiquated fiat banknotes and trust-based IOUs—not bitcoin—are being utilized to "battle back against debasement."
So be cautious what you perused, people. This kind of helps me to remember the Zimbabwe bitcoin story from a year ago, which was viewed as a crystallization of the long-held dream that bitcoin would help unbanked Africans. I countered that specific fantasy here.
Pompliano appears to be a decent person, so I'll simply expect that energy bamboozled him. I typically attempt to maintain a strategic distance from somebody isn't right on the web posts, however since he has more than 100,000 devotees on twitter, and this specific image has been retweeted more than multiple times, I have an inclination that it's my obligation to endeavor to fix a portion of his mistake. The beneficial thing with twitter is you can untweet retweets, don't hesitate to feel free to do that at this moment.
[Daily Discussion] Monday, May 06, 2019
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How the fuck did I get here?
So, a glance at my comment history will reveal I really wanna trip - I'm still a psychedelic virgin and the more I read about these fascinating substances the more I want to take the dive. Plus, I'm about to go into my twenties and I have a lot of fairly important questions I've been going back and forth on without much progress on the answers, and I think psychs will help me gain a different perspective on these questions so I can actually develop them instead of always returning to the same non-answers.
My parents are liberal on drugs. They know about my love of pot and my other intentions, and out of wisdom many parents lack they accepted that I'm 19 and I can do what I want. So a few months ago my dad texted me to casually drop that my sister's therapist is an underground trip sitter. Is that opportunity I smell? Yep.
Earlier today, my mom texted me saying she was in the area - she was at a small convention (not like, Comic Con or anything, but I'm keeping things vague for reasons I think anyone here with a brain can figure out) and we could meet for lunch in a small town on her way home. I drive over there and we have a nice conversation over lunch. Naturally, I bring up the situation with the therapist. So her only problem with the idea is that it's my sister's therapist in particular!? She legitemately told me she would email her and ask about other guides she knew.
I guess I'm overthinking this when I could just get some bitcoin and a test kit, order some acid or an analogue online and give my best friend, a natural psychologist, a thorough briefing on how to tripsit. But I'm not in a hurry and I like the way things are playing out now.
I buy and sell BTC on local bitcoin. At first I had started small, but now it’s growing and I never went into the nitty gritty of the legalities in India surrounding crypto.
Anyone who is active on local bitcoins in India, please guide me . I just don’t want to get into any kind of legal trouble.
POV Crypto Episode 47 — Blockchain Archeology with David Puell
POV Crypto Episode 47 — Blockchain Archeology with David Puell
David Puell is the Head of Research at Adaptive Capital, a crypto investment fund that specializes in on-chain analysis, in order to guide investment decisions.
David comes with a background of Forex trading and big data analysis. He discusses different ways to evaluate on-chain data to support investment thesis and decision making.
Listen to David's take on what on-chain analysis tells us about our current state in the market cycle
Topics of Conversation
- TA in Crypto vs Other Markets
- Herd Mentality and “Reflexivity” in Crypto markets
- Investor sophistication and how it impacts price movements
- Global markets cycles since WWII, and how crypto fits into the story
- Cross referencing Price, UTXO, and Time to provide insights with market sentiment / cycle timing
- Bitcoin valuation with on-chain analysis
- How to eliminate noise with on-chain analysis
[uncensored-r/BitcoinMarkets] [Daily Discussion] Monday, May 06, 2019
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- Altcoins Discussion: Altcoin Discussion
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[Altcoin Discussion] Monday, May 06, 2019
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[Daily Discussion] Monday, May 06, 2019
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Lisk Highlights, May 6th 2019: Lisk Center Utrecht will livestream during their month of big meetups.
Hello there. Here is my selection for today's highlights and interesting items within the Lisk ecosystem and beyond.....
Lisk Center Utrecht will livestream during their month of big meetups.
Let's face it, we can't all make the trip to the Utrecht every time that region's Lisk Center hosts a meetup that tickles our fancy, and that goes doubly for those of us in a different country or even different timezones. So I was pleased to hear that LCU are to begin livestreaming for the first time via twitter. It is not clear yet whether this will be partial streaming of events or whether it will be the full presentations, and whether it will be every event or just a curated selection. Whichever it is to be we have plenty of strong livestream contenders upcoming this month in the Utrecht centre, beginning this Thursday with one for all you gaming blockchainers.
May 9, 2019 brings the presentation, "How blockchain will change the gaming industry!" In the last decade, we have seen the gaming industry being rapidly transformed by the introduction of new technologies which allow for immersive experiences, such as AI, VR, and AR. However, one of the latest of these emerging technologies — blockchain — is set to redefine the future of gaming by turning what has been seen as a leisure activity into a potentially economic endeavour. In this respect, blockchain looks set to disrupt the gaming industry, and enable a new way for players and developers to interact with gaming platforms. With nearly 70% of the American population playing video games, and with the gaming market forecasted to be worth more than $138 billion by the end of the year, how is blockchain set to transform the gaming industry?
Pieter Dubelaar, Systems Architect & Blockchain Team Lead for Triple Information Technology and Services will speak on the topic, "Current blockchain market"
Bart van Maarseveen, blockchain consultant, entrepreneur, and Komodo Platform Notary Node team member will speak on Komodo Gaming and take a Q&A session.
Peter van Grinsven, CEO at the nTitle gaming licensing platform will speak on nTitle and their relationship with gaming.
Tickets for this event can be booked here.
Best of luck with the meetup, folks, and I am looking forward to any livestreams that happen in the future.
That's it for today's highlights.
These highlight posts also go out daily on the….
LISK Highlights exclusive Telegram group: https://t.me/LiskHighlights
LISK Highlights Twitter : https://twitter.com/HighlightsLisk
They are are also included in my weekly roundup on the LISK Highlights Medium account and the Bitcoin talk forum's LISK thread, so keep an eye out for them on these outlets also.
Keep the faith Liskers! 👍
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MINEDBLOCK
Issues that Miners are facing are not only a fundamental clowning issues the degree that check of-work mining is concerned. Systems like Bitcoin, Litecoin, and Dash are bending up astonishingly powerfully thought. The capacity to control these structures has been set in the hands of a couple of present day scale mining assignments that devour control. To fight, explicit diggers need to depend after mining pools. Those mining pools add to coordinate centralization.
Mining is beginning at now ending up all the more an issue than an answer.
In the prior year, delineating propelled money turned as sensibly helpful as costs achieved new highs. A lively generally speaking expansion of mining progression incited the introduction of two or three new tokens. MinedBlock will make a gave mining office which centers around mining various coins from inside the standard 50 by market top to ensure a fluctuating level of pay streams for customers to advantage from.
Through the proposed huge scale advancement, Minedblock will help improve the decentralization of coins where there are starting at now massive pools overpowering the hash rates of customary coins. MinedBlock will in like manner be advancing toward a component of decentralization inside its own special sort out through in general dispersing of its mining data
MinedBlock Limited will perceive obligation with respect to considering, replacing additionally, developing the physical assets and will remain in charge of any costs recognized past that of the compensation made in the improbable event that the association pushes toward finding the opportunity to be un-gainful. At no time will token holders be required to cover any hardships if this whenever happened. One of MinedBlock's key benchmarks is advancing straightforwardness to its customers. Minedblock will be totally open with its courses of action, tireless progress additionally, remuneration age.
Bounty0x username: CHAYOMA
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BitMax.io (BTMX.com) Weekly Update (Apr. 27 - May 03, 2019)
Platform Update
- 4/29 - Primary listing of DUO Network
- 4/29 - Listed SMART VALOR(VALOR)under the trading pairs of VALOR/USDT.
- Launched Trading Contest event. The users with Net Buy (Buy Amount – Sell Amount – Withdrawal Amount) ≥30 VALOR will be eligible to share the reward of 3000 VALOR proportionally based upon Net Buy amount
- 4/30 - listed Celer Network(CELR)under the trading pairs of CELR/USDT and CELR/BTC and launched promotional events - Net-Buy Contest & BitTreasure.
- Added email verification when users update password for enhanced account security.
- 4/30 – Hosted joint press conference with Bolt team at Nasdaq headquarter in New York City
Upcoming Events
- 5/7 - To list BitcoinHD (BHD) under the trading pairs of BHD/USDT, BHD/BTC.
- To support the development of blockchain gaming industry, BitMax.io will primary list MixMarvel(MIX) together with several top-tier digital asset trading platforms. Details will be announced soon.
- To conduct a comprehensive system upgrade from 8:00 a.m. EDT on May 6th, 2019 to 2:00 a.m. EDT on May 7th, 2019.
- Margin trading function on APP in the test phase. Please stay tuned.
- 5/13 - To co-host with Block 72, UltrAlpha Fund and STP “The Global Digital Impact Night” (For more information: https://www.eventbrite.com/e/global-digital-impact-night-new-york-blockchain-week-2019-tickets-60745281773?from=groupmessage&isappinstalled=0)
For more information, follow BitMax.io on:
Website: http://www.BitMax.io
Twitter: https://twitter.com/BitMax_Official
Reddit: https://www.reddit.com/r/BitMax/
Telegram: https://t.me/BitMaxioEnglishOfficial
Medium: https://medium.com/bitmax-io
CONTACT: [support@bitmax.io](mailto:support@bitmax.io)
Thank you for the continued support.
BitMax.io Team
May 5, 2019
Weekly /r/DesMoines Events Thread for the week of May 05, 2019
This thread is for any events going on in Des Moines this week! What events will you be attending? What events do you want to attend? What events do you want to promote? Whats new around Des Moines this week? Add a comment below.
Please provide the following when posting new events: - Time, Date, Location, Cost and some sort of description of the event.
New threads start every Sunday, and will be stickied at the top of the subreddit.
Here are some places to find things to do: Cityview's Calendar - Juice's Calendar - Des Moines Register Event Page - Catch Des Moines Calendar
If you have any recurring events, specials, or other suggestions for this weekly thread, please send us a modmail
THANKS FOR HELPING US CROWDSOURCE THIS
Trivia Nights:
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First Monday of the month is Mona's Pub Quiz at The Lift
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Benchwarmers in Ankeny on Mondays
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Tuesdays at Blue Moon in WDM - starts at 8
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Wednesdays at Fireside Grille in Altoona -starts at 8
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Trivia Thursdays at The Ingersoll Tap.
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Tuesdays at Quinton's
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Gas Lamp has triva on Tuesday
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Tuesdays at Basement Bar at Des Moines Social Club
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There's trivia at The Beer House in Urbandale on Wednesdays, 7pm. Also at F&O's on Fridays, 9pm
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Tuesdays at Wellman's Ingersoll
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Geeks Who Drink at Red Monk is actually trivia. They do have specials, but the main event is trivia.
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Wellmans Pub on Ingersoll has trivia Tuesday night at 8
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Trivia at Thunder Head in Ankeny every Tuesday
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Trivia at the Keg Stand, Thursday nights (I think it starts at 8:30?)
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Hi, I'm the owner of Mad Meatball Pizzeria & Pub, located at 401 SE 5th St in Des Moines. We have Trivia every Wednesday at 7:30pm. The Special for the Trivia AYCE Wings for $10 from 7-10pm and $1 off all craft and import beer.
Drink Specials:
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2 for Tuesdays @ the Flying Moose every Tuesday all night (Also, 2 fers every day until 8pm)
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Beechwood has 2 for 1 on tuesdays.
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Tuesday night is dollar domestic bottles at Streetcar 209
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Quintons: Thursday Half off all drinks
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Quarter beers at both Flying Moose and Mickey's Clive on Weds
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Wednesday is geeks who drink at the red monk
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Lift has $3 draws on Thursday
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First Wednesday of every month there is a bottle share at 515 Brewing @ 6
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Wacky Wednesdays at Hero's on Court Ave are 2 for 1's all night each week
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Sunday nights at Lime at Lime Lounge in the East Village has live Hip Hop acts and DJs, no cover, 2 for $5 wells, 2 for $10 martinis and mojitos, 3 for $7 lime drop shots, and a $1 well drink power hour
- Tuesdays they have trivia at The Hall in Valley Junction too. Starts at 7.
- Smashpark in WDM has trivia at 7 and 8 on monday nights
Weekly Open Mic night:
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Gas Lamp now does karaoke on Tuesdays (with a live band for you to sing with!).
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Tuesday night comedy open mic at Lefty's Live Music at 8pm.
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open mic every Tuesday at Luckys at 8.
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Friday night at the Beechwood is free stand-up comedy.
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Acoustic music open mic at AJ's on East Court, Sundays at 4pm
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Free Killer Queen at Up-Down every Thursday!
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There is trivia at The Ducktail Lounge on Sunday’s.
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Open Mic Thursday at Java Joe's Downtown at 7:30
Other Ongoing Events:
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Blues Jam Band every Tuesday at Carl's Place, $3 tallboys
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Des Moines Bitcoin and Blockchain MeetUp at Gravitate in West Des Moines - 2nd and 4th Thursdays of each month (eg Oct 25th) at 7:00pm
If any of these are no longer current or you would like to add something, please ping /u/annarchist to update this thread otherwise I may miss it.
Bitcoin enthuthiast has a meltdown after meme accuses him of being a pedophile and of cheating others out of what would be their money. (apparently unironic)
How it actually happened:
This is Ann. Ann started her career at 16 when she blew the manager (a creepy pervert who forced her into it, she #MeToos to this day) at the local grocery store so she could immediately get a position as a cashier instead of having to start off in the storeroom stacking boxes "like some Chinese slave worker". Ann, who believed in "treating" herself for her hard work, did not save any of the money she earned, instead spending it on expensive clothing, fast food, movie tickets, smartphones, and nights out with "the girls" (as she never paid while on an actual date). Her parents took care of the bills anyway, so who cares? It's okay though, because Ann was able to get financial aid from the government to attend the university of her dreams and study sociology, because "I'm, like, just so interested in how society works and how white men oppress women and are so racist and stuff, you know?" It only put her $100K in debt too. "You can't put a price on the college experience," thought Ann. Ann did no research on what degrees were in high demand before deciding on her major and sadly, "due to the patriarchy undervaluing the so-called 'soft' sciences" Ann repeated (as her women's studies professor had told her), her sociology degree did not open up as many doors for her as she'd hoped. Luckily, however, one of Ann's old beta orbiters became the CEO of a new tech startup and, after finally hooking up with him a few times (her little secret from her then boyfriends Tyrone and Jamal), she was able to snag a position as their chief diversity counselor. "Good thing that fat black bitch who tried to steal MY job was too full of fried chicken and gravy for any man to want to fuck her," she tipsily joked about the only other applicant (always forgetting to squelch her offensive quips when drunk), eliciting howling guffaws of approval from the pack of thonged, dyed-hair hyenas that surrounded her at the local bar in celebration of her new job. "Bartender, get us another round of appletinis!" Ann boomed. Cheers abounded. Life was good, Ann's salary was high, and her mortgage for an $800K home in the Bay Area was approved. Unfortunately, it was eventually revealed that her company's "enterprise cloud blockchain solutions" were actually vaporware. It lost its VC funding and was forced to shut down. Poor Ann had to leave her dream home, accept a lower paid HR assistant position at a boring non-tech company ("They make plastic water filters or something. I don't even know."), and move into a mere 3 bedroom apartment. "We're told to save," wrote Ann on a piece of paper that she posed with in an image posted to her Instagram, "but Oreos and Netflix are the only comforts poor people like us have. Don't we deserve nice things too? I AM the 99%!" Ann's looks are already starting to fade due to ravages of a rough Haagen-Dazs by day/party slut by night lifestyle, and, though she'd never admit it to herself, she can tell that her "feminine charms" aren't as effective at creating opportunities for her as they used to be. Things have started to sag that never sagged before and even a Sephora warehouse couldn't get rid of the bags under her eyes. Strolling down the sidewalk, she takes a sip of her daily Starbucks triple pumpkin dessert cocoaccino latte (only $27 and 1500 calories, and don't even think about talking to her her in the morning until she's finished it). "I guess there's just no way to escape this male-dominated society where sexist techbros live in the lap of luxury while marginalized people like me subsist on crumbs," she thinks to herself as she steps over a homeless man. Meanwhile... This is Bob. Bob was bullied by the other kids at his school (like his first crush Ann) as a child for his slightly odd-looking face. This caused him to retreat into the more anonymous world of the Internet where nobody could know his appearance. The other kids mocked him for that too, and his parents didn't understand why he'd want to "waste" his time talking to people he "didn't even know", but he ignored them. It didn't entirely cure his loneliness, but it did expose him to ideas and opinions that he would not have otherwise explored. Sure, he went through an embarrassingly self-righteous atheist phase as a teenager, but ultimately he developed into a sharp free-thinker with nuanced opinions. Bob found out about Bitcoin in 2012 from a Linux forum he was browsing. Already a firm believer in privacy, cryptography, decentralization, and technological freedom in general, the idea of Bitcoin immediately excited him. After carefully considering the economic viability of the concept, he concluded that Bitcoin's deflationary issuance curve and the possible applications of an enforceably scarce digital asset made it a worthwhile and likely quite valuable investment. He thus resolved to accrue as many of them as possible in order to save for his future. He cut down on his favorite hobby of gaming, reserving his GPU cycles for Bitcoin mining and his Steam sale money for buying Bitcoins instead. His IT job didn't make much and his one bedroom apartment wasn't cheap but he always found a way to set some money aside to expand his growing cryptoasset portfolio. His enthusiasm for Bitcoin was endless, and he wanted to share the positive potential of it with the world too, so he wrote guides, created infographics, and made YouTube videos about how to buy, use, and mine Bitcoins. Due to his efforts, thousands of people were able to get in on the craze early like him. Parents created college funds for their children. Young adults his age secured their financial futures. Impoverished folks in oppressive shitholes learned how to transfer money via their smartphones to avoid their corrupt governments confiscating it. He even endured the eye-rolling and snickering of his family members at Christmas time to make sure that they were all gifted a bit too. "Gee... thanks." The 2013 crash crushed Bob. He considered recouping as much of his money as possible and exiting the Bitcoin world permanently, but ultimately decided against it on principle. He had taken a risk and was sticking to it. He still believed in Bitcoin. Bob's bet on Bitcoin has paid off. He is now a multimillionaire, at least on paper. Other than a few donations to various organizations, his Bitcoins have stayed in the original addresses they were first put into. After all, he is still prudently considering exactly how to spend and grow his newfound wealth, and since he's now the manager of his company's IT department, his salary more than supports his modest lifestyle by itself, so he's in no rush to "cash out". While trying to chat with Ann on a whim after running into her at a grocery store, Bob mentioned Bitcoin to her in 2012. It made her finally look up from her phone. "That's the dumbest idea I've ever heard of!" she shrieked. She would know too, she thought, since she's a college-educated woman, unlike Bob who had skipped college because "government subsidies have distorted the higher education market and lowered the value of a college degree" (as if using fancy words made him smart like her). Nevertheless, he persisted, offering to show her how it worked and even set up a wallet for her. Bob's Bitcoin evangelism could certainly be a bit aggressive at times, but he meant well. He would gladly send 10 or 20 dollars worth to anybody who wanted to get started. She responded that he was creeping her out and needed to buzz off before she called security. Of course she wasn't really going to waste such an effort on this harmless loser, but she just couldn't stand hearing his nasally little voice anymore. He probably just wanted to creepshot her yoga pants anyway. Briskly sauntering away, she giggled to herself: "How could a file on a computer be worth anything? I could just copy and paste as many 'BitCoins' as I want," she concluded, forgetting about the idea as soon as she had first heard of it. Plus, her company was already working "with blockchain", which its CEO had told her was the only important part of "BitCoin" anyway. "He has actual money too and not just fake Internet coins so he clearly knows more than Bob." Ann took slight notice of the 2013 bubble, but she was too busy moving into her new home then to pay much attention to it. When Bitcoin was hacked and the government shut it down (as Ann interpreted events), popping the bubble, she texted Bob: "Told ya so." There was no response. She figured he had probably already killed himself or something. Oh well! She had to get out of her sweatpants and ready for the club anyway so she didn't have time to worry about it. In fact, she didn't have a single thought about Bob again until... In 2017, Bob once again crosses Ann's mind. The network miraculously revived, one Bitcoin is now worth over 10 thousand dollars, and Bob is almost certainly loaded. She stares at her phone, thinking of how to best break the ice with him. "Hey Bob I just wanted to say that I'm sorry for some of the things I said to you in the past and how I treated you when we were kids and all. I know this is out of nowhere but I'm just kind of feeling guilty lately soo.... maybe we could meet up sometime and talk about it?? You could tell me more about those bitcoin thingies you we're so excited about back in the day haha" Again no response comes and she whips her iPhone X on to the bed in frustration. Retrieving it, she switches over to Safari to look Bob up on social media, only to find that he's dating a shy 18 year old Finnish girl he met online. "That pervert!" she gasps as she glances over the girl's milky skin and youthful face. "She is WAY too young for him! He should want an ACCOMPLISHED, MATURE woman like me, not some little girl! I bet the freak looks at child porn too!" Her fingers drip with venom as she texts one of her remaining beta orbiters. "Hey," she begins, "you know how to draw funny cartoons right" She hits send.
[Daily Discussion] Sunday, May 05, 2019
Thread topics include, but are not limited to:
- General discussion related to the day's events
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For A New Libertarian
Greetings to everyone at the Corax 2017 conference, and greetings also to the audience here at our annual Mises University. As you can see both events are happening simultaneously, so I couldn’t be with you in person this evening. But I very much appreciate being invited by Sofia and Martin to speak, and I would indeed have joined you in Malta any other week. And I admire Sofia and Martin for having the courage to leave Sweden and start this new venture in Malta, which by their account is not only warmer but also far more reasonable!
What I'd like to talk about today is libertarians, more than libertarianism itself. And I’ll ask you to consider whether libertarians have lost their way.
The title “For a New Libertarian” is I hope an obvious play on the title of Murray Rothbard’s famous book For a New Liberty. It’s an underrated book, less well-known perhaps than The Ethics of Liberty. Lots of authors have the ego to call their books “a manifesto,” but few books actually live up to such an bold subtitle. This book does.
I love Murray’s line: “libertarianism, then, is a philosophy seeking a policy.” I wonder if he’d change that line today, if he could see what the “public policy” branch of libertarianism has become. Or maybe he should have written “libertarianism is a philosophy seeking better libertarians.”
I also chose the title to make the important point that we don’t need a “new libertarianism” or anything so grand. Thanks to the great thinkers who came before us, and still among us, we don’t have to do the hard work — which is good news, because not many of us are smart enough to come up with new theory! We can all very happily serve as second-hand dealers in ideas.
Sometimes libertarians do fall into a trap of needing something new, what we might call a modernity trap. It has become trendy to imagine that technology creates a new paradigm, a new “third way” that will make government obsolete without the need for an intellectual shift. The digital age is so flat, so democratic, and so decentralized that it will prove impossible for inherently hierarchical states to control us. The free flow of information will make inevitable the free flow of goods and services, while unmasking tyrannies that can no longer keep the truth from their citizens.
While I certainly hope this is true, I’m not so sure. It seems to me that states are shifting from national to supra-national, that globalism in effect means more centralized control by an emerging cartel of allied states like the EU (and their NGO accomplices) — not to mention the calls for a convergence of central banks under a global organization like the IMF. We should be suspicious of the determinist notion that there is an inevitable arc to human history.
And while we all benefit from the marvels of technological progress, and we especially welcome technology that makes it harder for the state to govern us — for example bitcoin or Uber or encryption — we should remember that advances in technology also make it easier for governments to spy on, control, and even kill the people under their control.
So I suspect that while humans continue to exist, their stubborn tendency to form governments will remain a problem. The choice between organizing human affairs by economic means or political means was not undone by the printing press, or the industrial revolution, or electricity, or any number of enormous technological advancements. So we can’t assume liberation via the digital revolution.
No, Rothbard’s conception of liberty has held up quite well over nearly half a century. Humans are sovereign over their mind and body, meaning you own yourself. From this flows the necessary corollary of property rights, meaning individuals have a valid claim to the byproducts of their minds and bodies--axiomatically we know that humans have to act to survive. And from self-ownership and property rights we arrive at a theory of when force is permissible, namely in self-defense. And these ideas of self-ownership, property rights, and non-aggression ought to apply to everyone, even when a group bands together and call themselves “government.” Since governments by definition use force (or threaten force) in many ways that are not definable as self-defense, they are invalid under the Rothbardian paradigm.
It’s a beautiful, simple, and logical theory. And of course at least a degree of all three elements — individual liberty, property rights, and some conception of law protecting both — are necessary and present for real human progress. I know, I know, slaves built the pyramids, although Egyptologists tell us otherwise, and Soviet scientists weren’t free and they still built nuclear bombs — probably to avoid a trip to Siberia. But the larger point we know is true: liberty and human progress are inextricably linked.
So we have this fantastic, airtight Rothbardian theory of liberty. But it’s not enough. And Murray was adamant about this. He was the first to stress the importance of people and activism, not just ideas and education. But what kind of people, and what kind of activism? That was the question in Murray’s time, and it’s still the question today.
I. Recognize that Liberty Comports with Human Nature. If there is one overriding point we should remember it is that liberty is natural and organic and comports with human action. It doesn’t require a “new man.” Yet libertarians have a bad tendency to fall into utopianism, into portraying liberty as something new age and evolved. In this sense they can sound a lot like progressives: liberty will work when human finally shed their stubborn old ideas about family and tribe, become purely rational freethinkers (always the opposite), reject the mythology of religion and faith, and give up their outdated ethnic or nationalist or cultural alliances for the new hyper-individualist creed. We need people to drop their old-fashioned sexual hangups and bourgeois values, except for materialism. Because above all the archetypical libertarian is presented as an almost soulless economic actor, someone who will drop everything and move to Singapore tomorrow to make $20,000 more in the gig economy.
Well it turns out that’s not how humans really are. They’re fragile and fallible and hierarchical and irrational and suspicious and herd-like at least as much as they are a bunch of heroic Hank Reardens. In fact Rothbard talks about just this in his section on libertarian strategy at the end of For a New Liberty. He reminds us that it’s progressive utopians who think man has no nature and is “infinitely malleable.” They think man can be perfected, made into the ideal servant of the New Order.
But libertarians believe in free will, he points out. People mold themselves. And therefore it’s folly to expect some drastic change to fit our preferred structure. We hope people will act morally, we believe liberty provides the right incentives for moral improvement. But we don’t rely on this to make liberty work. In fact only libertarianism accepts humans as they are, right here right now. It is in this sense that Rothbard sees liberty as “eminently realistic,” the “only theory that is really consistent with the nature of man and the world.”
So let’s understand — and sell — liberty as a deeply pragmatic approach to organizing society, one that solves problems and conflicts by muddling through with the best available private, voluntary solutions. Let’s reject the grand visions and utopias for what will always be a messy and imperfect world. Better, not perfect, ought to be our motto.
II. Embrace Rather than Reject the Institutions of Civil Society My second point relates to civil society itself. Because while libertarians enthusiastically embrace markets, they have for decades made the disastrous mistake of appearing hostile to family, to religion, to tradition, to culture, and to civic or social institutions — in other words, hostile to civil society itself.
Which is quite bizarre if we think about it. Civil society provides the very mechanisms we need to organize society without the state. And in keeping with Rothbard’s point about liberty and human nature, civil society organizes itself organically, without force. Human beings want to be part of something larger than themselves. Why do libertarians fail to grasp this?
It scarcely needs to be said that family has always been the first line of defense against the state, and the most important source of primary loyalty — or divided loyalty, from the perspective of politicians. Our connection with ancestors, and our concern for progeny, form a story in which the state is not the main character. Family forms our earliest and hence most formative environment — and at least as an ideal, family provides both material and emotional support. Happy families actually exist.
But government wants us atomized, lonely, broke, vulnerable, dependent, and disconnected. So of course it attempts to break down families by taking kids away from them as early as possible, indoctrinating them in state schools, using welfare as a wedge, using the tax code as a wedge, discouraging marriage and large families, in fact discouraging any kind of intimacy not subject to public scrutiny, encouraging divorce, etc. etc.
This may all sound like right-wing talking points, but it doesn’t make it untrue.
We want strong families, we want elite families, we want wealthy families that are not afraid of government. We want large extended families that people can turn to in time of trouble. And one practical side note: assuming roughly 10% of the US population is reasonably liberty-minded, we’re talking about 32M people. Imagine if each of them had 3 kids, we’d create an army of 100M people!
Religion forms another important line of defense against the state. In fact the whole history of man cannot be understood without understanding the role of religion. Even today healthy percentages of people in the West believe in God, regardless of their actual religious observance. And believing in a deity by itself challenges the state’s omniscience and status. Again, religion stands as a potential rival for the individual’s allegiance — And it has a pesky tendency to resurface no matter how much authoritarian governments try to suppress it.
Beyond family and faith, there are an infinite number of non-state institutions that offer communities for almost any conceivable interests. All of them, from business to social to civic organizations serve the civilizing function of organizing people without state power.
Let me also make an important point: it is reasonable to believe that a more libertarian society would be less libertine and more culturally conservative — for the simple reason that as the state shrinks in importance and power, the long-suppressed institutions of civil society grow in importance and power. And in a more libertarian society, it’s harder to impose the costs of one’s lifestyle choices on others. If you rely on the family or church or charity to help you, they may well impose some conditions on that help.
I assure you I’m neither interested in nor judgmental toward your personal beliefs or lifestyle preferences — and neither was Murray Rothbard. And of course libertarianism per se has nothing to say about how one lives. But it remains true that civil society should be celebrated by libertarians at every turn. To believe otherwise is to ignore what humans actually want and actually do, which is create communities. There is a word for people who believe in nothing: not government, family, God, society, morality, or civilization. And that word is nihilist, not libertarian.
III. Political Universalism is Not the Goal My final point is about the stubborn tendency of libertarians to advocate some of sort of universal political arrangement.To the extent there is political end for libertarians, it is allowing individuals to live as they see fit. The political goal is self-determination, by seeking to reduce the size, scope, and power of the state. But the idea of universal libertarian principles became mixed up with the idea of universal libertarian politics. Live and let live was replaced with the notion of universal libertarian doctrine, often coupled with a cultural element.
And because of this, libertarians often fall into the trap of sounding like conservatives and progressives who imagine themselves qualified to dictate political arrangements everywhere on earth. But what’s libertarian about telling other countries what to do? Shouldn’t our political goal should be radical self-determination, not universal values?
It’s bad enough to hear neoconservatives on TV talking about what’s best for Syria or Iraq or North Korea or Russia from their comfortable western perches. But it’s even worse hearing this from libertarians at Reason. This is both a political and tactical mistake.
The universalist doctrine goes something like this: democratic voting is the sacred political right in a post-monarchical world. It results in social democracies with robust safety nets, regulated capitalism, legal protections for women and minorities, and widely agreed-upon norms regarding social issues. Western conceptions of civil rights now apply everywhere, and with technology we can bridge the old boundaries of nation states.
The flavors are slightly different: left-liberals emphasize a supra-national administrative state (“one world government”), while conservatives focus on globally managed trade schemes and “exporting democracy.” But both sides spent the 20th century insisting their preferred political arrangements are applicable everywhere, and inevitable everywhere.
This narrative does libertarians no favors. Universalism provides the philosophical underpinnings for globalism, but globalism is not liberty: instead it threatens to create whole new levels of government. And universalism is not natural law; in fact it is often directly at odds with human nature and (true) human diversity.
What’s more, it turns out that very few things are actually universally agreed upon. Not governance, not rights, not the role of religion, not immigration, not capitalism, not neoliberalism. We have a hard enough time winning respect for individual liberty and property rights in the West, where we have a strong common law tradition.
Yet libertarians are busy promoting universalism and centralization even as the world moves in the other direction. Trump and Brexit rocked the globalist narrative. Nationalism is on the rise throughout Europe, forcing the EU to defend itself, secession and breakaway movements exist in Scotland, in Catalonia, in Belgium, in Andalusia, even in California. Federalism and states’ rights are suddenly popular with progressives in the US. The world desperately wants to turn its back on Washington and Brussels and the UN and the IMF and all of the globalist institutions. Average people smell a rat.
We should seize on this.
Mecca is not Paris, an Irishman is not an Aboriginal, a Buddhist is not a Rastafarian, a soccer mom is not a Russian. Is it our goal to convince them all to become thorough Rothbardians? Should libertarians care about gay marriage in Saudi Arabia, or insist on the same border arrangements for Brownsville, Texas and Monaco? Should we agitate for Texas-style open carry laws in France, to prevent the next Bataclan?
Or would our time be better spent making the case for political decentralization, secession, and subsidiarity? In other words, should we let Malta be Maltese?
Ludwig von Mises rejected universalism, and saw self-determination as the highest political end. Murray Rothbard made the case for organic nations breaking away from political nations in one of the last things he wrote — an article titled Nations by Consent.
In other words, self-determination is the ultimate political goal. It is the path to iberty, however imperfect. A world of seven billion self-governing individuals is the ideal, but short of that we should prefer the Liechtensteins to the Germanys and the Luxembourgs to the Englands. We should prefer states’ rights to federalization in the US, and cheer for the breakup of EU. We should support breakaway movements in places like Catalonia and Scotland and California. We should favor local control over faraway legislatures and administrative bodies, and thus reject multilateral trade deals. We should, in sum, prefer small to large when it comes to government.
Political decentralization, secession, subsidiarity, and nullification are all mechanisms that move us closer to our political goal of self-determination. Insisting on universal political arrangements is a huge tactical mistake for libertarians. It is precisely because we don’t know what’s best for 7.5 billion people in the world that we are libertarians.
What Would You Fight For? In closing, I’ll mention an email exchange I had recently with the blogger Bionic Mosquito. If you’re not reading Bionic Mosquito, you should be!
I asked him the same hypothetical question I have for you: what would you fight for? The answer to this question tells us a lot about what libertarians ought to care about.
By this I mean what would you physically fight for, where doing so could mean serious injury or death. Or arrest and imprisonment, or the loss of your home, your money, and your possessions.
I’m sure all of us would fight for our physical persons if we were attacked, or for our families if they were attacked. We might fight for close friends too. And perhaps even our neighbors. In fact we might like to think we would physically defend a total stranger in some circumstances, for example an old woman being attacked and robbed.
And we probably would fight for our towns and communities if they were physically invaded by an outside force, even though we don’t personally know all of the people in our towns and communities.
We might fight for property too, maybe not as fiercely. We certainly would protect our homes, but that’s because of the people inside. How about cars? Would you physically tangle with an armed robber who was driving away in your car? Or would you let him go, and not risk death or injury, just to save your car? How about your wallet? How about someone stealing 40% of your income, as many governments do? Would you take up arms to prevent this?
We probably wouldn’t fight for bitcoin, or net neutrality, or a capital gains tax hike, by the way.
How about an abstraction, like fighting for “your country” or freedom or your religion? This is where things get more tenuous. Many people have and will fight for such abstractions. But if you ask soldiers they’ll tell you that in the heat of battle they’re really fighting for their mates, to protect the men in their units--and to fulfill a personal sense of duty.
In other words, blood and soil and God and nation still matter to people. Libertarians ignore this at the risk of irrelevance.
Thank you very much.
-Jeff Deist, For A New Libertarian Speech
my new title:
For A Nationalist Libertarianism
BLOOD AND SOIL!
Bitcoin enthuthiast has a meltdown after meme accuses him of being a pedophile and of cheating others out of what would be their money. (apparently unironic)
How it actually happened:
This is Ann. Ann started her career at 16 when she blew the manager (a creepy pervert who forced her into it, she #MeToos to this day) at the local grocery store so she could immediately get a position as a cashier instead of having to start off in the storeroom stacking boxes "like some Chinese slave worker". Ann, who believed in "treating" herself for her hard work, did not save any of the money she earned, instead spending it on expensive clothing, fast food, movie tickets, smartphones, and nights out with "the girls" (as she never paid while on an actual date). Her parents took care of the bills anyway, so who cares? It's okay though, because Ann was able to get financial aid from the government to attend the university of her dreams and study sociology, because "I'm, like, just so interested in how society works and how white men oppress women and are so racist and stuff, you know?" It only put her $100K in debt too. "You can't put a price on the college experience," thought Ann. Ann did no research on what degrees were in high demand before deciding on her major and sadly, "due to the patriarchy undervaluing the so-called 'soft' sciences" Ann repeated (as her women's studies professor had told her), her sociology degree did not open up as many doors for her as she'd hoped. Luckily, however, one of Ann's old beta orbiters became the CEO of a new tech startup and, after finally hooking up with him a few times (her little secret from her then boyfriends Tyrone and Jamal), she was able to snag a position as their chief diversity counselor. "Good thing that fat black bitch who tried to steal MY job was too full of fried chicken and gravy for any man to want to fuck her," she tipsily joked about the only other applicant (always forgetting to squelch her offensive quips when drunk), eliciting howling guffaws of approval from the pack of thonged, dyed-hair hyenas that surrounded her at the local bar in celebration of her new job. "Bartender, get us another round of appletinis!" Ann boomed. Cheers abounded. Life was good, Ann's salary was high, and her mortgage for an $800K home in the Bay Area was approved. Unfortunately, it was eventually revealed that her company's "enterprise cloud blockchain solutions" were actually vaporware. It lost its VC funding and was forced to shut down. Poor Ann had to leave her dream home, accept a lower paid HR assistant position at a boring non-tech company ("They make plastic water filters or something. I don't even know."), and move into a mere 3 bedroom apartment. "We're told to save," wrote Ann on a piece of paper that she posed with in an image posted to her Instagram, "but Oreos and Netflix are the only comforts poor people like us have. Don't we deserve nice things too? I AM the 99%!" Ann's looks are already starting to fade due to ravages of a rough Haagen-Dazs by day/party slut by night lifestyle, and, though she'd never admit it to herself, she can tell that her "feminine charms" aren't as effective at creating opportunities for her as they used to be. Things have started to sag that never sagged before and even a Sephora warehouse couldn't get rid of the bags under her eyes. Strolling down the sidewalk, she takes a sip of her daily Starbucks triple pumpkin dessert cocoaccino latte (only $27 and 1500 calories, and don't even think about talking to her her in the morning until she's finished it). "I guess there's just no way to escape this male-dominated society where sexist techbros live in the lap of luxury while marginalized people like me subsist on crumbs," she thinks to herself as she steps over a homeless man. Meanwhile... This is Bob. Bob was bullied by the other kids at his school (like his first crush Ann) as a child for his slightly odd-looking face. This caused him to retreat into the more anonymous world of the Internet where nobody could know his appearance. The other kids mocked him for that too, and his parents didn't understand why he'd want to "waste" his time talking to people he "didn't even know", but he ignored them. It didn't entirely cure his loneliness, but it did expose him to ideas and opinions that he would not have otherwise explored. Sure, he went through an embarrassingly self-righteous atheist phase as a teenager, but ultimately he developed into a sharp free-thinker with nuanced opinions. Bob found out about Bitcoin in 2012 from a Linux forum he was browsing. Already a firm believer in privacy, cryptography, decentralization, and technological freedom in general, the idea of Bitcoin immediately excited him. After carefully considering the economic viability of the concept, he concluded that Bitcoin's deflationary issuance curve and the possible applications of an enforceably scarce digital asset made it a worthwhile and likely quite valuable investment. He thus resolved to accrue as many of them as possible in order to save for his future. He cut down on his favorite hobby of gaming, reserving his GPU cycles for Bitcoin mining and his Steam sale money for buying Bitcoins instead. His IT job didn't make much and his one bedroom apartment wasn't cheap but he always found a way to set some money aside to expand his growing cryptoasset portfolio. His enthusiasm for Bitcoin was endless, and he wanted to share the positive potential of it with the world too, so he wrote guides, created infographics, and made YouTube videos about how to buy, use, and mine Bitcoins. Due to his efforts, thousands of people were able to get in on the craze early like him. Parents created college funds for their children. Young adults his age secured their financial futures. Impoverished folks in oppressive shitholes learned how to transfer money via their smartphones to avoid their corrupt governments confiscating it. He even endured the eye-rolling and snickering of his family members at Christmas time to make sure that they were all gifted a bit too. "Gee... thanks." The 2013 crash crushed Bob. He considered recouping as much of his money as possible and exiting the Bitcoin world permanently, but ultimately decided against it on principle. He had taken a risk and was sticking to it. He still believed in Bitcoin. Bob's bet on Bitcoin has paid off. He is now a multimillionaire, at least on paper. Other than a few donations to various organizations, his Bitcoins have stayed in the original addresses they were first put into. After all, he is still prudently considering exactly how to spend and grow his newfound wealth, and since he's now the manager of his company's IT department, his salary more than supports his modest lifestyle by itself, so he's in no rush to "cash out". While trying to chat with Ann on a whim after running into her at a grocery store, Bob mentioned Bitcoin to her in 2012. It made her finally look up from her phone. "That's the dumbest idea I've ever heard of!" she shrieked. She would know too, she thought, since she's a college-educated woman, unlike Bob who had skipped college because "government subsidies have distorted the higher education market and lowered the value of a college degree" (as if using fancy words made him smart like her). Nevertheless, he persisted, offering to show her how it worked and even set up a wallet for her. Bob's Bitcoin evangelism could certainly be a bit aggressive at times, but he meant well. He would gladly send 10 or 20 dollars worth to anybody who wanted to get started. She responded that he was creeping her out and needed to buzz off before she called security. Of course she wasn't really going to waste such an effort on this harmless loser, but she just couldn't stand hearing his nasally little voice anymore. He probably just wanted to creepshot her yoga pants anyway. Briskly sauntering away, she giggled to herself: "How could a file on a computer be worth anything? I could just copy and paste as many 'BitCoins' as I want," she concluded, forgetting about the idea as soon as she had first heard of it. Plus, her company was already working "with blockchain", which its CEO had told her was the only important part of "BitCoin" anyway. "He has actual money too and not just fake Internet coins so he clearly knows more than Bob." Ann took slight notice of the 2013 bubble, but she was too busy moving into her new home then to pay much attention to it. When Bitcoin was hacked and the government shut it down (as Ann interpreted events), popping the bubble, she texted Bob: "Told ya so." There was no response. She figured he had probably already killed himself or something. Oh well! She had to get out of her sweatpants and ready for the club anyway so she didn't have time to worry about it. In fact, she didn't have a single thought about Bob again until... In 2017, Bob once again crosses Ann's mind. The network miraculously revived, one Bitcoin is now worth over 10 thousand dollars, and Bob is almost certainly loaded. She stares at her phone, thinking of how to best break the ice with him. "Hey Bob I just wanted to say that I'm sorry for some of the things I said to you in the past and how I treated you when we were kids and all. I know this is out of nowhere but I'm just kind of feeling guilty lately soo.... maybe we could meet up sometime and talk about it?? You could tell me more about those bitcoin thingies you we're so excited about back in the day haha" Again no response comes and she whips her iPhone X on to the bed in frustration. Retrieving it, she switches over to Safari to look Bob up on social media, only to find that he's dating a shy 18 year old Finnish girl he met online. "That pervert!" she gasps as she glances over the girl's milky skin and youthful face. "She is WAY too young for him! He should want an ACCOMPLISHED, MATURE woman like me, not some little girl! I bet the freak looks at child porn too!" Her fingers drip with venom as she texts one of her remaining beta orbiters. "Hey," she begins, "you know how to draw funny cartoons right" She hits send.
[Daily Discussion] Sunday, May 05, 2019
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[Daily Discussion] Sunday, May 05, 2019
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[Daily Discussion] Sunday, May 05, 2019
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[Daily Discussion] Sunday, May 05, 2019
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Add to your calendar Bitcoin Cash (BCH) event: Hard Fork - May 15, 2019
Add to your calendar Bitcoin Cash (BCH) event: Hard Fork - May 15, 2019
Add to your calendar Bitcoin Green (BITG) event: Green Report - May 13, 2019
[Daily Discussion] Sunday, May 05, 2019
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[Daily Discussion] Sunday, May 05, 2019
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[Daily Discussion] Sunday, May 05, 2019
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[Daily Discussion] Sunday, May 05, 2019
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Buying a bitcoin and burying it.
So I've been lurking a bit and while am not really interested in the daily trading of it i would like to buy a coin and stash it away for some years just in case it does explode in price in 5 years or whenever, maybe give to kids, etc... and saw that you can put the ability to use the bitcoin on a physical object and it becomes basically unusable without that key or password.
I tried google buy found places trying to sell cold wallets, what im thinking more of is that i can use my CNC mahine to CNC into some aluminium and bury that sucker in an undisclosed location ;)
So should i take the leap and buy a coin how can i store it as outlined? Could someone point me to a guide or is it somehow just a key that you have to write down like a save back in old video game days?
Thanks!
[Daily Discussion] Sunday, May 05, 2019
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[Daily Discussion] Sunday, May 05, 2019
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Volum Platform
VOLUM is a Holding affiliation that necessities to use the colossal possible results that are bound in the Holding affiliation structure. In doing it, it has taken the innovative course by presenting and making VOLUM on Blockchain headway. This progression isn't new to different any increasingly drawn out as its possible results, correspondingly as submerge benefits, have been seen crosswise over different parts in the globe today extending from flourishing, improvement, land, business, and bundles more segments. This Holding affiliation structure is one that when appropriately used can be risky to whatever domain it's been secured with. Some key inclinations of Holding affiliations and part of why VOLUM upped the ante by arranging Blockchain progression join;
Hazard Confinement
Cost Amplification
More control with less Capital
Duty Insurance
More Subtleties
Volum Holding was founded by Bengala Advances, LLC and the universal spirit and beverage group (ISBN). The reasoned note is that these two connections are not yet new, but rather settled on their commitment to the overall vitality and autonomous hospitality. These connections have left the leadership of time and have experienced great improvements in their different efforts. This is a strange or something I have to say. Alonzo Puncture, president and president of ISBG, is the supporter of Volum near Arnaldo Detres, the producer of Bengala innovations. Naturally, as it should be seen, the social situation is sound, and it is laid on perfect areas with all experienced people.
Volume Business Model
Volum holding helps adventure and safety with its unity structure. Volum puts assets in portfolio relationships with all the deal assets they can do right now or without creating some tension. This gives volume the opportunity to raise money to the authorities through various associations and adventures. We see a comprehensive appreciation of the fact that the analyst has a high rate of transition to a new business that is very little more than the fact that it is above or beyond the block chain. News Bitcoin.com, coordinated a review and found that forty percent (46%) of all ICOs were. In 2017, it was completed in the middle of tge or later due to the lack of sufficient funds to be collected.
As appropriate, budget managers are liquidated in the establishment of associations that distribute danger among various members.
In the decision-making technique of continuing the association adventures, Volum does, recognizes and attracts the vet to the best of the best shots. In particular, where Volum phase and VLMS can be used, it is absolutely not necessary to have a collaboration requirement based on a block chain, despite the way it is preferred.
Basically, Volum examines the relationship between dangerous activity plans and convincing payment models that support those with academic activity. Volum implements a comprehensive procedure to join a singular jet for blockchain-based jobs in a portfolio or an average structure where synergistic associations benefit each other and at any point where possible.
VLM tokens and tge updates.
The volume phase depends on the Ethereum blockchain and includes a domain encryption currency (VLM). This will be used for any budget part on the stage. A token age event will soon be on its way to VLM tokens, which is an increasingly vital part of the site (given below the partner).
Website:https://volum.io/
Whitepaper:https://volum.io/assets/images/volum-whitepaper.pdf
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