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Krinkle posted:cb75075 • 11 minutes ago libertarianism: ignoring trends and context since we're not sure really because history is for socialists
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# ? Aug 27, 2014 23:43 |
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# ? Jun 6, 2024 07:44 |
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Heresiarch posted:"can you guys please stop killing yourselves, it's bad for bitcoin" it's a bit concerning that he knows so many suicidal people. maybe bitcoin really does lead to suicide.
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# ? Aug 27, 2014 23:43 |
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Krinkle posted:So HOW is this exactly some example of failed libertarian principles? In fact it represents how people should interact ie in a voluntary way using their own resources and solving their own problems. That's the problem with libertarian adventures, so very few get to the actual starting point. It is kind of difficult to wait for them to implode when they self-destructed before even starting. Has there even been any successful libertarian community?
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# ? Aug 27, 2014 23:45 |
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trucutru posted:That's the problem with libertarian adventures, so very few get to the actual starting point. It is kind of difficult to wait for them to implode when they self-destructed before even starting. I want to say cossacks but they weren't really libertarians in the modern sense, more of a gently caress-you polish-nobles medieval survivalist militia.
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# ? Aug 27, 2014 23:49 |
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Krinkle posted:cb75075 • 11 minutes ago the crazy tree-loving who woman runs the place posted:CB, thank you. Truly, which one of you guys wrote this posted:Well, since Wendy is a self-described "anarchist"... I wouldn't expect an anarchist to worry about silly things like contracts being enforced. Anyways, so, you ask, "how is this an example of failed libertarian principals?" IT'S NOT. It's a great example of libertarian principals in full force -- and that means you lost a lot of money. Enjoy!
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# ? Aug 28, 2014 00:01 |
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Krinkle posted:cb75075 • 11 minutes ago this is good for libertarianism because
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# ? Aug 28, 2014 00:04 |
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which one of you guys wrote this posted posted:It's a great example of libertarian principals in full force -- and that means you lost a lot of money. So close yet so far. FYGY at its finest though.
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# ? Aug 28, 2014 00:04 |
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No see, magistrado, we are voluntaryists. I volunteered to invest my money with this man and he volunteered to run with the money. He broke a private contract so I voluneered to shoot him in the face voluntarily as was stiupalated as a penalty clause, that's cláusula de penalización, in said contract. You can read it plain as day in the blockchain. I do not, however, submit to this detainment in your statist prisons so if you will excusa me outside por favor...
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# ? Aug 28, 2014 00:12 |
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Bitcoin, Startups, and Suicide: Being an entrepreneur is hard (self.Bitcoin) submitted 5 hours ago by SeansOutpost For over a week now, I’ve been trying to write a year in review piece for Satoshi Forest. The words, which usually just flow like a spigot when I’m passionate about something, seem to just dribble out. And what little eeks by is hardly print worthy. Maybe it’s just writer’s block? Writer’s block happens. Or maybe I’m not as passionate about Satoshi Forest as I used to be? But, I am passionate about Satoshi Forest, perhaps more than I ever have been. And writer’s block, if it is the culprit, cannot explain why I haven’t responded to Elizabeth Ploshay’s ALS Ice Bucket Challenge, in a timely fashion. I guess I’ll have to donate now. You see it’s not just the Satoshi Forest year in review, it’s everything. Emails from friends I haven’t responded to, phone calls I let go to voicemail, new endeavors at Sean’s Outpost I let sit unannounced (http://blockchain.satoshiforest.com/). And then it hits me. I’ve been here before. I’m really depressed. And it seems to be going around. Since the tragic suicide of Robin Williams, four (4) people close to me have also tried to kill themselves. One succeeded. An anecdotal survey of my friends has seen an equal uptick in the number of people talking about or attempting suicide. It’s been really disturbing. In the preparations for the Bitcoin in the Beltway conference this past June, I had one of the more surreal conversations of my life. An east coast sales director for Marriott called me wanting to know if bitcoin was linked to suicide. They had heard of the tragic death of Autumn Radtke in March (http://nypost.com/2014/03/06/bitcoin-firm-ceo-jumped-to-her-death-neighbor/) and were concerned about hosting a conference for a technology that was making people kill themselves. I was sure he was joking. He was not. The conversation I had with him must have allayed his fears. #BitcoinBeltway went great, can’t wait to do it again next year. Obviously, bitcoin does not cause suicide. And while we are quick to sticky a “suicide prevention hotline” when the price crashes, bitcoin is not causing depression. What we may want to look into is something that is not bitcoin related, but more something that comes part and parcel with “bitcoiners”. The woes of entrepreneurship and startup culture. Being an entrepreneur is loving hard. Really hard. Most people don’t even attempt it. It might not feel that way to you, but likely that’s because you surround yourself with other entrepreneurs. Your friends work at startups. Your trips are to startup conferences and conventions. Your news feed is r/bitcoin and hacker news. You are firmly in the echo chamber. Most people will never try and build a product or company. So most people will never experience what it is like to fear you won’t make payroll and someone else will not be able to pay their rent because of you. Most people will never know how difficult it is to raise money. To get someone else to believe in you enough to open their checkbook and support you financially. The hours you spend and the mental strain that comes from hearing “No” again and again and again. And if you get a “Yes” the pressure doesn’t dissipate! It increases! Now it’s your crazy idea and someone elses money you’re responsible for. Being an entrepreneur is really hard. And we are really hard on ourselves. We are afraid to show any weakness. Because we’ve been taught being weak or vulnerable is to be shunned. If someone asks you how your company is doing “We’re killing. it.” probably comes off your lips before you’ve even processed the question. It is statistically impossible for everyone to always be “killing it”. But ask at your next mixer or meetup and almost everyone will be “killing it”. And that pressure to succeed, to perform, to win is immense. And I think that pressure may be even worse in bitcoin. Not to everyone, but to a lot of bitcoin early adopters, and especially to a lot of early bitcoin entrepreneurs, bitcoin is a promise. A glimpse of a better world free from the inequalities brought by our legacy financial system. So if you fail in bitcoin, it is easy to feel that you are failing on that promise too. I’ve felt that way. Felt that if I screw up I am screwing it up for every non-profit and charity. That they will somehow not get the benefits of bitcoin because I failed. I see it in others. Just a week ago at #Cryptolina I talked with a group of brilliant entrepreneurs who were convinced that if they didn’t beat an incumbent payment solution to market, they had lost the war. And that whole segment of the market would NEVER benefit from cryptocurrency. Being a bitcoin entrepreneur is hard. And I don’t have the answers to how to deal with all the pressure and depression that come from doing what we do. But I have learned a couple of things and maybe someone else that is experiencing depression or having dark thoughts can read this and gain some value from what I’ve learned. And even better, maybe someone that has dealt with depression in the past can riff on what I’ve said and provide some insight into how they cope. 1) You are not alone. When you are depressed, it seems like everyone else has it all together and you are the anomaly. That’s not true. They probably don’t have their poo poo together either. And everyone has problems we don’t see. Everyone. Some of the greatest entrepreneurs and investors of all time have had brutal fights with depression and suicidal thoughts. READ: http://www.inc.com/magazine/201309/jessica-bruder/psychological-price-of-entrepreneurship.html 2) Bitcoin needs you and it doesn’t need you. And that’s ok. Bitcoin needs you. It really does. But it doesn’t need only you, it needs all of us. You are not the single point of failure. Bitcoins success is just a decentralized as the blockchain. So give yourself a break. It’s ok to make mistakes and it’s ok to fail. It’s even ok to fail spectacularly. Think back to how many times bitcoin has been declared dead. How many times has the price crashed? How many times has a major bitcoin institution been corrupted/hacked/found to be a scam? And yet, here we are. An you are here too. 3) It is ok to ask for help. This is hard to learn. We come from a self sufficient culture. And if you ask for help, people will realize that you are not as awesome as they thought you were...BULLSHIT. Asking for help has ZERO bearing on how awesome a person you are. In fact, your friends WANT TO HELP YOU. Being there for you in a moment of crisis is something your friends are probably really down for. But if you ignore them or won’t tell them you are having problems it is really difficult for them to help. Talk to someone. If all else fails you can always call… THE NATIONAL SUICIDE PREVENTION LIFELINE: 1-800-273-TALK (8255) I know all of this might not make a difference. When you are caught up in your head in the middle of a depressive episode nothing seems to help. Try to find something that you can concentrate on just to get you thru the worst of it. For me, I go play with my kids. It helps me. Sometimes more than others. If you are feeling down, try to talk to someone. And if you see someone feeling down, try to lend a supportive ear. Bitcoin needs you alive.
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# ? Aug 28, 2014 01:06 |
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Robawesome posted:Bitcoin, Startups, and Suicide: Being an entrepreneur is hard (self.Bitcoin) ban for attempted fork of the laugh chain
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# ? Aug 28, 2014 01:17 |
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Robawesome posted:Bitcoin, Startups, and Suicide: Being an entrepreneur is hard (self.Bitcoin) dude, oocc beat you to the punch on that one that's got to hurt
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# ? Aug 28, 2014 01:19 |
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i've had a long day and didnt check the thread or even read that post, just hoped a bitcoiner killed themself
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# ? Aug 28, 2014 01:20 |
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FMguru posted:the follow-up replies are just as precious quote:Well, since Wendy is a self-described "anarchist"... I wouldn't expect an anarchist to worry about silly things like contracts being enforced. Anyways, so, you ask, "how is this an example of failed libertarian principals?" IT'S NOT. It's a great example of libertarian principals in full force -- and that means you lost a lot of money. Enjoy! this is really good and none of them will get it
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# ? Aug 28, 2014 01:23 |
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Will Bitcoin reach $1,000,000 some day? (financial models) (self.Bitcoin) submitted 4 minutes ago by Rassah So, I ran some finance calculations, and: If bitcoin value goes to $10,000 and stays there forever, but USD keeps inflating at 3% every year, Bitcoin will be worth $1,000,000 in 150 years (but $1mil will only buy what $10k buys today) If Bitcoin value goes up and stays at $10,000, but USD keeps inflating at the rate it has over the last few years, bitcoin will be worth $1mil in just 67 years. Keep in mind that I picked the $10,000 figure as a conservative estimate of BTC capturing only 0.5% of the world's cash amount. Now let's say inflation is at a slightly higher rate that the target, at 4% a year, which is I think reasonable with the increased spending, debt obligations, and possibly continuing troubles in the global economy (it's just 1% higher than the Fed's 3% target), and Bitcoin grows at an average rate of stock at 10% a year. Meaning instead of growing to $10,000 (or 0.5% of use) and staying there, it actually continues to grow, with 10% more people adopting it every year. In this case, Bitcoin will be worth $1mil in 56 years, at which point it will be worth about $100,000 in today's dollars, having a market cap of about $1.7 trillion dollars. I don't know what percentage of the total world wealth that will be, since we don't know how much the world economy will expand by then. If inflation is the same 4%, but bitcoin grows at the same average rate it has over the last few years, about 2x to 3x, or, say, 250%, it will reach $1mil in just 5.9 years, where its worth will be $810,000 per coin. HOWEVER, if that happens, it will have a market cap of about $11 trillion dollars, which tells me that it's pretty much not possible for bitcoin to consistently double or triple every year for the next 6 years. (Sorry latecomers, you may still have a massive return, but that are not many of those left) So, where about is a reasonable number? No one knows, especially since bitcoins growth is expected to be rapid over the next few years, then level off to something more sustainable years from now, and dollars will continue to decline. While I can set up such a model, the extra detail provided by the variables will not counter the fact that all these numbers are coming out of my rear end. But, if we wanted to rough it, and I know you guys want at least some estimates after reading all this, then: Using 3.5% inflation, and 40% annual bitcoin growth (very reasonable, considering Small Cap stocks give 16%, and we're talking global adoption for currency, transactions, and investments here), gives us a $1million Bitcoin in 21 years, with bitcoin market cap of $8 trillion dollars, which right now is maybe half of all the world's wealth, but 20 years from now may be a fairly small (reasonably believable) part of it. So there you have it folks. About 20 years for bitcoin to hit $1,000,000, if bitcoin continues being adopted and doesn't fail or get replaced along the way (with an error rate of +- 10 years). For those wondering if you will ever see it in your lifetime, you have your answer.
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# ? Aug 28, 2014 01:26 |
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Robawesome posted:all these numbers are coming out of my rear end.
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# ? Aug 28, 2014 01:45 |
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Robawesome posted:all these words are coming out of my rear end.
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# ? Aug 28, 2014 01:53 |
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Bitcoin: I picked the $10,000 figure as a conservative estimate
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# ? Aug 28, 2014 01:54 |
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theflyingorc posted:rons paul rons pubis
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# ? Aug 28, 2014 01:56 |
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NZAmoeba posted:FYI this is funny because grover became a licensed house inspector just to give his own house the thumbs up uh, no, he illegally acted as a house inspector by fraudulently signing off on his house plans under hsi capcity as a mechanical engineer. fyi he did a felony.
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# ? Aug 28, 2014 02:06 |
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he got his pe certs though didn't he
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# ? Aug 28, 2014 02:13 |
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Chris Knight posted:the libertarian community that was planned
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# ? Aug 28, 2014 02:20 |
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FrozenVent posted:he got his pe certs though didn't he and it is literally a crime to use them to sign off on things you do not have training in (i.e. housing inspection and building)
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# ? Aug 28, 2014 02:56 |
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# ? Aug 28, 2014 03:14 |
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i'm the exchange site with the scam list that conveniently left off the exchange scam
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# ? Aug 28, 2014 03:51 |
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Krinkle posted:cb75075 • 11 minutes ago the great thing about libertarianism is that taxes are force (which is the worst infringement of my rights) but shooting people for lying is cool.
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# ? Aug 28, 2014 04:34 |
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The Management posted:the great thing about libertarianism is that taxes are force (which is the worst infringement of my rights) but shooting people for lying is cool. Somebody threatening, lying, or otherwise bothering *me* is a clear act of aggression that warrants any type of retaliation. OTOH, if *I* get a gun, park my car in front of someone's house, and tell them that they should watch their back, then that's just *me* exercising *my* freedom.
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# ? Aug 28, 2014 04:59 |
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http://www.piforcoins.com/infidelity-investigator/quote:
Don't you need to have a significant otter in order for them to cheat on you? I don't see this business getting much demand.
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# ? Aug 28, 2014 05:10 |
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trucutru posted:significant otter
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# ? Aug 28, 2014 05:14 |
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trucutru posted:significant otter
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# ? Aug 28, 2014 05:25 |
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DaTroof posted:of course they didn't pay for water rights. everyone knows water has no intrinsic value
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# ? Aug 28, 2014 05:32 |
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So my local alt-weekly ran an article where the author attended a couple of various local weirdos from Meetup.comquote:Next to me is Sally Richards, creator and manager of the 123-member Meetup group named “Ghosts Happen.” Richards is holding an obvilus — a device akin to an electronic Ouija board that paranormal enthusiasts use in an attempt to contact spirits. quote:The general idea behind the Zeitgeist Movement is to shift our current societal focus to instead foster people’s needs and wants. They believe society should use available resources instead of cash. They are basically modern-day hippies. quote:The costumed men and a few women belong to the San Diego Furries Meetup group. The group is for adults that dress in custom-made fur costumes. Only, don’t call them costumes. One of the furries bristles when I use the term. He politely explains, “You don’t call it a costume; it’s a suit.” quote:I make my way across the room and spark up a conversation with a scrappy-looking older gentleman wearing a Members Only jacket that is so retro it is back in style. He is carrying on a conversation with a 30-something whose chiseled chin gives him the appearance of someone that has just stepped out of an REI catalog. The pair is discussing how Bitcoin has solved the Byzantine General issue.
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# ? Aug 28, 2014 05:56 |
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trucutru posted:http://www.piforcoins.com/infidelity-investigator/
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# ? Aug 28, 2014 06:15 |
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# ? Aug 28, 2014 06:21 |
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# ? Aug 28, 2014 06:23 |
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Well there's your problem
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# ? Aug 28, 2014 06:58 |
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trucutru posted:significant otter
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# ? Aug 28, 2014 07:00 |
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no joke i own this shirt
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# ? Aug 28, 2014 08:19 |
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Robawesome posted:Now let's say inflation is at a slightly higher rate that the target, at 4% a year, which is I think reasonable with the increased spending, debt obligations, and possibly continuing troubles in the global economy (it's just 1% higher than the Fed's 3% target)
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# ? Aug 28, 2014 09:43 |
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trucutru posted:http://www.piforcoins.com/infidelity-investigator/ they'll investigate to see if anyone else is using a hug pillow with the same anime girl.
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# ? Aug 28, 2014 10:00 |
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# ? Jun 6, 2024 07:44 |
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so apparently posting about pirateat40 on buttcoin is grounds for a ban
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# ? Aug 28, 2014 10:20 |