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SW19 CPFC Addiscombe West 11 Sep 19 11.35pm | |
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Originally posted by .TUX.
There isn't a market (Bonds, Currency, Stocks, Precious Metals etc) on the planet that isn't manipulated. SAGTTB................baby brains. No one ever said it was dead. Its highly likely to experience several more boom and bust cycles. But will it eliminate centralised control of money and power and lead to financial and social utopia? No. Absolutely not. Further, the very fact in can be manipulated so easily is yet another argument against it becoming mainstream. Yada yada corruption, existing system, bankers, elites whatever. It’s the price you pay for a stable system that works. Not one that doesn’t. It’s sort of like pure socialism, or even communism. It kind of sounds interesting but in practice it’s a complete nightmare. Injustice, corruption and power are required components of a stable system. It really doesn’t matter what path you go down, they’ll always rise to the surface.
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.TUX. 12 Sep 19 12.02am | |
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Originally posted by SW19 CPFC
No one ever said it was dead. Its highly likely to experience several more boom and bust cycles. But will it eliminate centralised control of money and power and lead to financial and social utopia? No. Absolutely not. Further, the very fact in can be manipulated so easily is yet another argument against it becoming mainstream. Yada yada corruption, existing system, bankers, elites whatever. It’s the price you pay for a stable system that works. Not one that doesn’t. It’s sort of like pure socialism, or even communism. It kind of sounds interesting but in practice it’s a complete nightmare. Injustice, corruption and power are required components of a stable system. It really doesn’t matter what path you go down, they’ll always rise to the surface. It doesn't work though for the vast majority ie the people who truly generate the wealth and that's what matters.
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SW19 CPFC Addiscombe West 12 Sep 19 12.09am | |
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Originally posted by .TUX.
It doesn't work though for the vast majority ie the people who truly generate the wealth and that's what matters. Of course it doesn’t. Re. 70s Financially yes there is some truth in that but the growth seen since deregulation was always unsustainable and now we’re having to pay for it. However there are plenty of things other than finances where we are not at all back in the 70s. Living standards are still way better than that era, and you’re still living in the best time to be born. Also, answer the question. Communism and socialism seem right up your street. It’s ok to admit that. They won’t tear into you that much I’m sure.
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SW19 CPFC Addiscombe West 12 Sep 19 12.14am | |
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Originally posted by cryrst
No seriously is that not a very simple explanation. Also interesting how a certain someone goes missing when asked, not unreasonably, to respond with substance to a challenge rather than segue and obfuscate. Still waiting on a response to this
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SW19 CPFC Addiscombe West 12 Sep 19 12.14am | |
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Originally posted by cryrst
Waiting for that then eh. And this.
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Invalid user 2019 12 Sep 19 12.15am | |
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Maybe with bitcoin people on both sides of the argument kind of have a point. As with anything though, if you're in and out at the right time, you'll likely do well out of it. And if you're not, you won't. Aside from that the blockchain technology appears to be the most intriguing aspect. Well that and I suppose an 'off the grid' aspect to it when compared to other types of spending. I can see value in that for people.
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.TUX. 12 Sep 19 12.23am | |
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Originally posted by SW19 CPFC
Of course it doesn’t. Re. 70s Financially yes there is some truth in that but the growth seen since deregulation was always unsustainable and now we’re having to pay for it. However there are plenty of things other than finances where we are not at all back in the 70s. Living standards are still way better than that era, and you’re still living in the best time to be born. Also, answer the question. Communism and socialism seem right up your street. It’s ok to admit that. They won’t tear into you that much I’m sure. I don't like anyone who wishes to have power over others.
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cryrst The garden of England 12 Sep 19 11.44am | |
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Originally posted by dollardays
Maybe with bitcoin people on both sides of the argument kind of have a point. As with anything though, if you're in and out at the right time, you'll likely do well out of it. And if you're not, you won't. Aside from that the blockchain technology appears to be the most intriguing aspect. Well that and I suppose an 'off the grid' aspect to it when compared to other types of spending. I can see value in that for people. Do you see the contradiction there though.
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SW19 CPFC Addiscombe West 12 Sep 19 12.02pm | |
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Originally posted by .TUX.
I don't like anyone who wishes to have power over others. Great, nice to know. Now answer the question
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cryrst The garden of England 12 Sep 19 12.52pm | |
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Originally posted by .TUX.
I don't like anyone who wishes to have power over others. My boss is ok. He doesnt pay me or I decide to not do my job then I hold the cards and take my services elsewhere. Capitalism. Point being and there is one (in cryrsts world)
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SW19 CPFC Addiscombe West 12 Sep 19 1.06pm | |
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Originally posted by cryrst
My boss is ok. He doesnt pay me or I decide to not do my job then I hold the cards and take my services elsewhere. Capitalism. Point being and there is one (in cryrsts world) There's little point attempting to have reasoned debate with an ideologue, although it's hard not to try. There is literally nothing you could ever say to make them admit that even the smallest component of what he believes (note belief) is perhaps not as he thought it was. Much like most people that believe in a god. I respect their right to their beliefs but draw the line when they start to preach them to others packaged up as the only and unanswerable truth. There is only one god, and that's science, until that's proven otherwise. And when it is, I'll happily change my position.
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.TUX. 18 Sep 19 5.00pm | |
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Originally posted by SW19 CPFC
There's little point attempting to have reasoned debate with an ideologue, although it's hard not to try. There is literally nothing you could ever say to make them admit that even the smallest component of what he believes (note belief) is perhaps not as he thought it was. Much like most people that believe in a god. I respect their right to their beliefs but draw the line when they start to preach them to others packaged up as the only and unanswerable truth. There is only one god, and that's science, until that's proven otherwise. And when it is, I'll happily change my position. We, the 99%, are being continually bent-over by an economic system that by design is intended to confiscate our wealth, fact (as this weeks problems in the US Repo market once again show). You like science, crypto is maths. Maths doesn't lie, enforced economic models do.
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