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chenGOD

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Everything posted by chenGOD

  1. The bloomberg article basically says that "it hasn't crashed yet because if investors believed that it was hackable, it would plummet to zero". Given the number of investors who a) don't understand bitcoin or crypto, and b) are desperate to see their investments not go up in smoke, it makes sense that they will try to prop it up. I'm surprised (not really, he's a BTC maximalist) that Antonopoulos doesn't acknowledge that the double-spend happened on the longest chain. I do like how you're now citing articles from one of the leading voices of capitalism and neo-liberalism though (bloomberg), as well as shilling for a new global elite like the Winklevoss twins (they bought $11 million worth of BTC in 2013) and former Goldman Sachs traders (one of the co-owners of Coinbase, along with a guy who helped create Airbnb). In the end though, this will all be moot, as central banks increasingly develop their own digital currencies. https://www.federalreserve.gov/econres/notes/feds-notes/central-bank-digital-currency-a-literature-review-20201109.htm https://www.americanbanker.com/podcast/a-fed-digital-currency-looks-inevitable-so-do-the-problems https://www.bis.org/press/p201009.htm https://thefinanser.com/2020/10/or-will-cbdcs-will-destroy-banking.html/
  2. We can already do this domestically in Canada for free (INTERAC). The people who care about sending money internationally almost exclusively live in developed countries, as remittances are to developing countries. Also, M-Pesa exists. As do a bunch of other innovations in the FinTech world that allow for easy, secure money transactions, where you don't have to wait around for confirmations, and you have retail banking services as well (so fraud protection for example).
  3. I was referring to the flow of money in today's economy having a specific meaning. Yours covers a small part of it. Also, banking does not rely on the foundation of the state. Again, read economic history. This ain't an RBF, so no, it's not understating the severity of it. https://forkmonitor.info/stale/btc/666833 Also you do realize that BTC has long been adopted as just another cog in the capitalist mode of production right? Just another means of consolidating wealth in the hands of a few.
  4. @Alcofribas ^ i give u burger because nothing left 2 fix. good job m8.
  5. They ordered the large thinking it was American sizes, but they should have ordered the XXL.
  6. https://talkingpointsmemo.com/news/report-biden-admin-discovers-trump-had-zero-plans-for-covid-vaccine-distribution Fun times!
  7. Don't forget: https://www.reuters.com/article/usa-election-cryptocurrency/large-bitcoin-payment-made-to-far-right-individuals-before-us-capitol-attack-report-idUSL4N2JP429
  8. I mean the "Intelligent" in IDM does refer to the AI series and two comps, which was dominated by artists who came about at a certain time (B12, Black Dog, Aphex, AE, The Orb, Richie Hawtin etc.) The RA interview with AE around elseq talks about it quite a lot as well, saying it was just a bit of fun, like it was dance music you weren't supposed to dance to kind of thing. That series from Warp really kind of commercialized it and gave it a real central outlet, along with R&S (and their subsidiary Apollo) in Europe. For WATMM purposes though Incredibly Dumb Muppets works well.
  9. When talking about the flow of money there is a pretty specific meaning, at least in terms of discussing the economy. Paying taxes and banking isonly a small part of it. Banking has been around long before the idea of the modern state. Go read some economic history that isn't Marx. https://cointelegraph.com/news/bitcoin-double-spend-spotted-in-the-wild So it looks like one of the main claims to fame (avoiding double spending) for bitcoin has just been breached. Will investors recognize that fundamental flaw? From a generation (not just Americans) that appears to take financial advice off tik tok....I would say not likely.
  10. Yeah that has nothing to do with the flow of money. Paying taxes has nothing to do with creating the banking system.
  11. Your post has nothing to do with the flow of money and talks about “energy”. Nowhere did I say that socialism is capitalism + higher taxes, so I don’t know where you would get that from.
  12. Oh are you Canadian? In that case never mind, I already have all your info. WATMM launders all its dirty cash through Canada.
  13. So you want socialism, but don’t like taxes? I sure do! I just need your SSN and a piece of government issued ID to set you up with an account where you can send the djt coin for btc.
  14. Now whenever future employers google their names, they'll be associated with Trump. Not sure if that's better or worse for them.
  15. You (not you specifically @Braintree, your post just gave me a good jumping off point) might almost say that a regulated society functions better than one where shitgibbons think they can say whatever they want. Not perfect, but a hell of a lot better than the alternatives.
  16. chenGOD

    Brexit :(

    Cant run out of gravy, think of the poor dears tottering about their Sunday roasts having to have Yorkshire pud dry as a sponge that’s been out of water for 2 days with some leathery beef to wash it down. And the spuds, the spuds! It’ll have to be mashed potatoes.
  17. McConnell is a fucking greasy opportunist and he deserves to get some incurable disease that leaves him with just enough life to watch the news as America undergoes a transformation away from the politics of greed and corruption to a country that begins to look after the people living there.
  18. Corporations as people goes way back. Way way back, like the groundwork was being laid down in the early 19th century. Corporations are a necessary evil for a functioning economy but they need to have massive checks placed on them, and they should have no role in providing checks or balances on government whatsoever.
  19. I'm just an idiot, sorry. Just got excited at that track and was looking for it. I still want a download though!
  20. So none of this is on the releases - Aleksi! Please can we have download? Also FI3AC2040090 (at around 28:30) breaks into some hot funk that reminds me a whole lot of some of the work Ken Ishii was doing around '96 (like Circular Motion) and it's fucking great.
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