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rupertmandrake ago

Wait - Bitcoin's not working?? Since when, exactly? All the BTC i have sent & received have worked perfectly for the past 4 years or so, which seems rather impressive to me anyway. I'm confused at your stance. Bitcoin is still in its infancy - compare it to email in 1990. Patience, grasshopper. Decentralized exchanges are supremely powerful.

Please explain how Bitcoin's "creation wasn;t transparent" - the blockchain is 100% transparent and public. This is the knowledge that used to be only accessible to bankers/priests/elites, but now is sunshined for all to see and use.

xanaxinator ago

I also believe that BTC is a great way to go. It's decentralized, it's proven, it's usury-free, and it works. It's value is all over the place but that's OK. The concept is sound...currency based on your (rather your computers') ability at doing complex math. It's also a boon that there are only a finite amount of BTC in existence.

Currency NEEDS to be backed by something other than faith. Cccpcharm has some great ideas I believe but, right now, BTC (or something like it) is the only thing waiting in the wings and ready to go...today.

Just my $.02.

000cccpcharm ago

Well I do know that this is a daunting problem, but one that I feel does have a solution. I disagree about money needing backing in order for it to work....the reason, "backing" is and has been used in the past was to ensure honest accounting....Here again all because that accounting was left up to humans...I feel the development of the "system" will allow for flexibility that will be needed in a dynamic monetary system. Bitcoin is great, but in the long run I do not feel that it will replace our present system, and if it did, it would need to be stabalized and revalued so that everyone starts on the same foot

All that being said, I know that if we work together as a team that we can end this crime

xanaxinator ago

Oh, please do not misunderstand me...I read your (semi) manifesto and I agree with it highly; though I do have some questions about what would back a "new" currency and exactly how it would be issued. The dollar USED to be backed by something tangible (shiny soft yellow metal--then shiny soft silver metal as you know) and BTC are backed by what is basically the ability to perform mass mathematics problems. What would the "Cccpcharm" be backed by--or am I missing the point totally?

I really like your ideas about how to elect "officials"--the problem with that is, as you saw in 2008 and 2012, the computers that handle the vote tabulation are easily mass-manipulated. What would prevent TPTB from doing the same with your idea? What's for sure is that the electoral college is WOEFULLY antiquated and corrupt. A politico should be elected by popular vote...period. The issue is how to ensure that there's no tomfoolery or MitM attacks on the system? I can give you about ten ways to accomplish this in an "enterprise" environment (I'm a Linux "Subject Matter Expert"--yep, that's really my title)--but for "regular people?" Not as easy.

I just learned yesterday that BTC was NOT developed by a shady and unknown Japanese guy as I formerly believed. I think that /u/Lysergia sent me the info but I may be wrong. Basically, there is indeed an "audit trail" for the development of BTC and who, exactly, was involved. I know I saved it in Evernote--after this very important job interview this morning I'll shoot it over to you. You'll take interest if I know you.

Re: usury--I agree that it's EVIL but is it a necessary evil? I mean, shouldn't lenders make SOMETHING for, basically, risking "their" (yeah, I know, it is not theirs by a long shot, but you get me) capital on your idea/property? Admittedly, these "payday loan" outfits that charge 450%APR are just obnoxious scammers, as are the banks, but how will people obtain credit? Me--I don't believe in credit, I have no CCs and no loans. I believe that, if you cannot afford it right NOW, you should not have it. Still, shouldn't lenders make at least a percent or two? Or would you bar lending (with usury) totally? Personally, I think that the "crowdfunding" model might work well for lendees.

I have lots more questions but little time. I will get back to you when I'm back home this afternoon.

Cheers!

000cccpcharm ago

time is short today....I would say that there is difference between honest lending and usury....If a group of individuals who had honestly earned monies collectively pooled this money together in order to form a institution that makes loans, and then collects interest on these loans....that is honest lending, and is totally legit...USURY... is a group of individuals inserting themselves into a "government" or ruling body....creating "money" out of thin air, for an entire population, then "loaning" this "money" to the people via the government, and while controlling said government use it's authority under the threat of fear based tactics to collect and extract this fraudulent "debt"...

Good luck with the interview today...

xanaxinator ago

I didn't see this--thank you! The interview went really well--they tossed about every complex Linux question there was at me and I, surprisingly, got them all correct!

I'll know more Monday.

By the way, I printed out that long post that you sent me and marked it up with questions. If you don't mind (and understand that I am NOT second-guessing you or dismissing you) I'd like to type it all out sometime today (hopefully) and get your answers/opinions on some things--we need to do SOMETHING about this usury problem and I believe that you're onto something. I just need to go into your ideas with a little more granularity.

000cccpcharm ago

Ask away....and....I think it is good that people "second guess" and or question any and everything, particularly related to one who is asking for your allegiance.. To me the internet and my "anon" status are somewhat imperative to the conceptualization of the movement. At no other time will it be more important to JUST listen to and digest ideas, rather than be "tainted" by my looks, facial expressions, overall demeanor and or just basically all the BULLSHIT that "we" have been sold with media based election processes...These mass murdering assholes are quickly plunging us into WW3 with a BAD future in the Ukraine. We must act quickly and we must act globally in order to take away the "toys" of these spoiled children who are destroying the earth....Adults need to be back in charge....Again I ask...all the years you have know what "it" is.....who among them all has said...."I know what to do, and I know how to do it" If I will not lead you out of this mess....who will?