Priem19

7 ms·

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by Priem19 6y ago
Financial demagoguery.
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by Priem19 6y ago
Work less. I realize one can't just go up to their employer and say “I'm gonna work 3/4 or 1/2 now.” And it depends on how far above or below your means you live. However, we need to get people talking about this. Don&#x
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by Priem19 6y ago
>Until such time as central banks cease to exist, bitcoin will also continue to provide a convenient method for holders of this currency to avoid paying taxes to fund all of the waste and corruption not only in the federal reserve bankin
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by Priem19 6y ago
Then don't reply.
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by Priem19 6y ago
“Simply because cancer occurs naturally doesn't mean we shouldn't treat it. In the same vain, sometimes the “free market” just screws up, requiring intervention.” — https://www.cynicusrex.com/file/cryptocultsci
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by Priem19 6y ago
“Fractional reserve banking. Since bitcoin hasn't lived up to its original vision, it caused a periodical shift in narrative and splintering of its early core developers and adherents. Currently its 21 million coins cap is the last rem
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by Priem19 6y ago
I think you seriously underestimate how ugly society would get if the government went bankrupt, and how quickly bitcoin would be rendered useless. Moreover, if governments are corrupt on fiat, they'll be corrupt on bitcoin as well.
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by Priem19 6y ago
By which I mean to say: the greedy rich wanting to preserve or increase their wealth at all costs is what got us into this mess. Bitcoin or any other cryptocurrency pyramid scheme is going to do bugger all to improve that. No amount of weal
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by Priem19 6y ago
>Also expect a ton of movement to crypto when wealth taxes get implemented to fix economies. They'll use it to hide assets, guaranteed. Money corrupts; bitcoin corrupts absolutely. Disregarding all of bitcoin's shortcomings, a
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by Priem19 6y ago
I'm glad you used an adjective because the majority of children I teach would beat most cryptocurrency eschatologists in one fell swoop at a maturity contest.
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by Priem19 6y ago
The most sophisticated pyramid scheme ever, hidden in plain sight; so obvious that everyone second guesses themselves. “They all seem to be going along, I guess I must be wrong.” Money corrupts; bitcoin corrupts absolutely: https:/&#x
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by Priem19 6y ago
I stopped meditating when I wasn't able to laugh any more. I was at a friend's house, sitting comfortably on a couch. I passed my phone and showed my friend and his girlfriend a funny video. They were laughing out loud and so was
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by Priem19 6y ago
Of course: “Buy CTASK”; take your pyramid scheme elsewhere. Money corrupts; bitcoin corrupts absolutely: https://www.cynicusrex.com/file/cryptocultscience.html .
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by Priem19 6y ago
I wish I could reply with a nuanced take, but I can't. Ban these cryptocurrency pyramid schemes already. https://www.cynicusrex.com/file/cryptocultscience.html
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by Priem19 6y ago
I added a paragraph clarifying my stance on fractional reserve banking. That section could've indeed been easily misinterpreted. Thank you.
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by Priem19 6y ago
No it's not. Your argument is a straw man fallacy: https://en.wikipedia.org/wiki/Straw_man .
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by Priem19 6y ago
>“This article has some substance to it that is worth discussion” Thank you, I appreciate that. >“sheer amount of ad hominem in it.” I wouldn't say sheer, but admittedly yes, I couldn't help myself since that's part of
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by Priem19 6y ago
Skateboarders, rock climbers, mathematics, tractor enthusiasts, Britney Spears fanclubs (hence Britney Spears' Guide to Semiconductor Physics http://britneyspears.ac/lasers.htm ), book clubs, permaculture, meteorologist
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by Priem19 6y ago
I chuckled. I know the last sentence was meant as joke but here's an answer anyway: because the dollar is not a pyramid scheme. Whereas any new currency that doesn't have a fair distribution mechanism will be. The earliest adopter
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by Priem19 6y ago
“you'll see some of the smartest engineers of our generation working real hard” I've been reading those cheap empty words way too much lately. Unless they are the likes of John von Neumann I'll just assume they're people
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Money corrupts; bitcoin corrupts absolutely(cynicusrex.com)
155 points by Priem19 6y ago|141 comments
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by Priem19 6y ago
First, I'm happy to finally see a blockchain project that isn't accompanied by its own token, and therefore isn't pursuing a quick cash grab, nor incentivizes gambling. Second, what do you tell your friends and family who ask
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by Priem19 6y ago
It's all become about money. I fucking hate this state of society.
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by Priem19 6y ago
Article added to https://www.quitfacebook.org . Thanks.
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by Priem19 6y ago
That looks seriously sweet. Love it.
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GameStop, Bitcoin and the Commoditization of Populist Rage(stephendiehl.com)
160 points by Priem19 6y ago|190 comments
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by Priem19 6y ago
>How about just focusing on delivering a p2p crypto payment that is actually cheap, fast and preferably eco-friendly like what Satoshi envisioned in the first place? https://www.chia.net seems to be a promising candidate to d
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by Priem19 6y ago
I wonder how Andrew Yang's going to make sense of his advocacy for bitcoin ánd Universal Basic Income.
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by Priem19 6y ago
Article added to my collection on https://www.quitfacebook.org .
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by Priem19 6y ago
Seems like an Is/Ought Fallacy. Also, governments won't willingly surrender their control of the money supply. I think that with one stroke of a pen they could let the price /10 as fast as it went x10. Moreover, since technol

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