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re: Virgin Galactic to accept Bitcoincs

Posted on 11/22/13 at 11:36 am to
Posted by LSURussian
Member since Feb 2005
127352 posts
Posted on 11/22/13 at 11:36 am to
So you have no intelligent rebuttal to the points I made? All you can do is copy and paste an article that was incorrect about SOME things?

Why didn't you copy and paste this about a futuristic prediction that didn't quite live up to the prediction?:

"In 1985 Steven Spielberg predicted 30 years into the future cars would fly, fueled by mini nuclear reactors which gained their power from splitting atoms off banana peels and beer cans.

Where are the flying cars? Where are the mini nuclear reactors and cold fusion generators? Where are the teleporters? They are in the minds of children yet to be born."
LINK
Posted by Broke
AKA Buttercup
Member since Sep 2006
65067 posts
Posted on 11/22/13 at 11:43 am to
And here we are again skewing the facts. We said Bitcoin will fail very specifically. Bitcoin.

And I'll admit I'm skeptical of all virtual currency but who knows what will happen in 100 years
This post was edited on 11/22/13 at 11:44 am
Posted by Korkstand
Member since Nov 2003
28746 posts
Posted on 11/22/13 at 11:47 am to
quote:

You're saying all labor will be free.
I know it's hard to imagine, but yeah pretty much. If the world ever progresses to a point where all 'undesirable' labor is automated and mechanized, is it really such a stretch to think that people would do what they love to do for free?
quote:

There will be no incentive to create because everything will have been created or as soon as a new invention is conceived everyone will be able to produce it himself, for free. Or, the inventor will, through complete magnanimity, produce and provide for free what he just invented in unlimited quantities to anyone who asks.
Don't you think this is a bit narrow-minded? After all, many people already create things and distribute them for free. Even today when money is the driving force behind everything, we see that once one's needs are met, the natural tendency for many people is to create and share, for free.
quote:

Even entertainment will cease if there is no incentive for athletes to play and there will be no incentive for audio or video entertainment to be produced.
Are you really suggesting that athletes would not want to play a game if not for the money? I think the opposite would happen. If 'earning a living' wasn't a real concern, many many more people would consider being some sort of entertainer or athlete. If the opportunity cost was zero, why wouldn't everyone pursue their dreams? And if everyone did what they do for the love rather than the money, wouldn't the results be better?
quote:

Everyone will be able to produce his own food, transportation and dwellings. All energy to run our lives will be free or we will all be able to produce it ourselves, even making our own nuclear reactors or solar panels to heat, cool and light our houses, which we all built ourselves with materials we all produced ourselves or will be so plentiful we can just 'harvest' the materials ourselves somehow.

Again, I know it's hard to envision, but the ultimate input in creating anything is energy. If energy wasn't scarce, then could you imagine how the dominoes of non-scarcity might fall? This is why so much money is going toward solar (and also probably why so much money is fighting it, status quo and all).



Of course, we do still live on only one planet, and its land is necessarily scarce. So, as I see it, we have two major stumbling blocks: energy and space. All you have to do is open your mind just a little bit to see that both of those limits can be overcome. It's really only a matter of when.
Posted by LSURussian
Member since Feb 2005
127352 posts
Posted on 11/22/13 at 1:19 pm to
I think your predictions are really swell and I can't wait for them to happen.

Of course, I'm still waiting for the following really swell predictions to happen, too, and they were made thousands of years ago.

quote:

They shall beat their swords into plowshares, and their spears into pruning hooks: nation shall not lift up sword against nation, neither shall they learn war any more.

And there will no longer be heard the voice of weeping and the sound of crying.

Death will no longer exist; grief, crying, and pain will exist no longer.


But then again, as you said, maybe I'm just being close minded....
Posted by Korkstand
Member since Nov 2003
28746 posts
Posted on 11/22/13 at 1:36 pm to
quote:

I think your predictions are really swell and I can't wait for them to happen.

Of course, I'm still waiting for the following really swell predictions to happen, too, and they were made thousands of years ago.
quote:

They shall beat their swords into plowshares, and their spears into pruning hooks: nation shall not lift up sword against nation, neither shall they learn war any more.

And there will no longer be heard the voice of weeping and the sound of crying.

Death will no longer exist; grief, crying, and pain will exist no longer.
But then again, as you said, maybe I'm just being close minded....

I never said world peace would ever happen, but pretty much every conflict ever has been due to the scarcity of one thing or another.


Regardless, is this really your response to my post, considering you said this to Wiki?
quote:

So you have no intelligent rebuttal to the points I made? All you can do is copy and paste an article that was incorrect about SOME things?
Posted by LSURussian
Member since Feb 2005
127352 posts
Posted on 11/22/13 at 1:37 pm to
quote:

, is this really your response to my post
Yes. I thought we were discussing predictions for utopia.
Posted by Korkstand
Member since Nov 2003
28746 posts
Posted on 11/22/13 at 1:55 pm to
quote:

Yes. I thought we were discussing predictions for utopia.

So I take it that, by simply quoting the Bible as a response, you are not going to rebut anything I said? I don't know why I expected anything more.
Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 11/22/13 at 1:59 pm to
quote:

I don't know why I expected anything more.


you shouldn't have. he's awful. the funny thing is that he lacks reading comprehension skills, because if you look at my post you'll see I said things like:

quote:

Theoretically, technology could advance so fast in the next 50 years that scarcity will no longer be an issue in which case money would no longer be necessary. That's optimistic of course, but certainly something that should be considered at least a possibility. That being said, even if money doesn't become fully obsolete, what role will bitcoin (or a similar technology) have in a technologically advanced future? Who knows?


but of course, he took it and ran with it. to where? who knows?
Posted by LSURussian
Member since Feb 2005
127352 posts
Posted on 11/22/13 at 2:05 pm to
quote:

you are not going to rebut anything I said?
You twisted what I originally wrote so much that I'm not going to waste my time replying to your points. You ignored words like "all" and inserted examples of a few, said people who get rich start giving away their riches for free, completely ignoring that the people who made them rich are still working for wages to keep them rich. You even used an example of amateurs playing sports for free just because it's fun proves people won't pay to watch the best, most highly skilled athletes perform. That's silly.

If that rustles your jimmies, too bad.
Posted by LSURussian
Member since Feb 2005
127352 posts
Posted on 11/22/13 at 2:09 pm to
quote:

I said things like:

quote:
Theoretically,

And I gave you reasons why your theory is wrong.

NOW who lacks reading comprehension skills?
Posted by Broke
AKA Buttercup
Member since Sep 2006
65067 posts
Posted on 11/22/13 at 2:17 pm to
I wish it would either get accepted everywhere or fail miserably so one of us can say "told you so"
Posted by lynxcat
Member since Jan 2008
24267 posts
Posted on 11/22/13 at 2:27 pm to
quote:

I wish it would either get accepted everywhere or fail miserably so one of us can say "told you so"


I'll stick to my original belief:

1) it will fail
2) it will give rise to another cryptocurrency that will not fail.

In that case....I guess everyone is right?
Posted by LSURussian
Member since Feb 2005
127352 posts
Posted on 11/22/13 at 2:47 pm to
quote:

I'll stick to my original belief:

1) it will fail
2) it will give rise to another cryptocurrency that will not fail.
That has been my opinion all along and I have said that, although I define the term "cryptocurrency" probably a bit different from your context.

And I think there will be several steps between your #1 and #2 before it all settles. Those steps will be a repetition of your #1.

But the idea of a secure, stable, easily accessed, digital currency that is universally accepted regardless of national boundaries is very appealing. The economic efficiencies of such a currency would be astounding.
Posted by Korkstand
Member since Nov 2003
28746 posts
Posted on 11/22/13 at 2:50 pm to
quote:

You twisted what I originally wrote so much that I'm not going to waste my time replying to your points.

Huh? I quoted your post, word for word, save for two sentences that didn't matter.
quote:

You ignored words like "all"
I'm sorry, I tend to ignore absolutes in a discussion about future possibilities.
quote:

inserted examples of a few, said people who get rich start giving away their riches for free, completely ignoring that the people who made them rich are still working for wages to keep them rich.
Who's talking about rich people? I was talking about people whose needs are met, and I was specifically referring to programmers who live average lives, yet many of them create software and give it away for free. And musicians who barely get by, yet make their work available for download for free. It was a comment on the fact that people tend to create and share while expecting nothing in return. I gave examples to show that people create things without monetary incentive, which contradicts your thinking that money is the only incentive.
quote:

You even used an example of amateurs playing sports for free just because it's fun proves people won't pay to watch the best, most highly skilled athletes perform. That's silly.
I was saying that we have missed out on seeing many great athletes and performers because they had bills to pay and couldn't train or pursue their dreams. And just because you refuse to even try to understand how the world might work if money was worthless doesn't make it silly.



I never said that utopia was a certainty, nor did I say scarcity would entirely go away. All I did was explain why the world wouldn't fall apart if everything was 'free'. You didn't refute this.

The only things I even came close to claiming as certainties were that our current space and energy limitations can be overcome. You didn't refute this, either.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65067 posts
Posted on 11/22/13 at 3:41 pm to
quote:

That has been my opinion all along and I have said that, although I define the term "cryptocurrency" probably a bit different from your context.



I pretty much agree with that. Now the timing of this is where I draw a blank. I have no idea when that will happen.
Posted by LSURussian
Member since Feb 2005
127352 posts
Posted on 11/22/13 at 4:01 pm to
quote:

You twisted what I originally wrote so much that I'm not going to waste my time replying to your points.


Huh? I quoted your post, word for word, save for two sentences that didn't matter.

quote:
You ignored words like "all"

I'm sorry, I tend to ignore absolutes in a discussion about future possibilities.

quote:
inserted examples of a few, said people who get rich start giving away their riches for free, completely ignoring that the people who made them rich are still working for wages to keep them rich.

Who's talking about rich people? I was talking about people whose needs are met, and I was specifically referring to programmers who live average lives, yet many of them create software and give it away for free. And musicians who barely get by, yet make their work available for download for free. It was a comment on the fact that people tend to create and share while expecting nothing in return. I gave examples to show that people create things without monetary incentive, which contradicts your thinking that money is the only incentive.

quote:
You even used an example of amateurs playing sports for free just because it's fun proves people won't pay to watch the best, most highly skilled athletes perform. That's silly.

I was saying that we have missed out on seeing many great athletes and performers because they had bills to pay and couldn't train or pursue their dreams. And just because you refuse to even try to understand how the world might work if money was worthless doesn't make it silly.



I never said that utopia was a certainty, nor did I say scarcity would entirely go away. All I did was explain why the world wouldn't fall apart if everything was 'free'. You didn't refute this.

The only things I even came close to claiming as certainties were that our current space and energy limitations can be overcome. You didn't refute this, either.


Posted by Korkstand
Member since Nov 2003
28746 posts
Posted on 11/22/13 at 4:19 pm to
And now an even more worthless response. Nice.

You chose to go off on this tangent by quoting part of a sentence out of context, and trying to make a mockery of something that Wiki said could optimistically be a possibility. And then you had the nerve to accuse me of twisting your words.

I've lurked enough to know that you get off on mocking people, but that's no way to have a meaningful discussion. Have some respect for yourself and others.
Posted by LSURussian
Member since Feb 2005
127352 posts
Posted on 11/22/13 at 5:13 pm to
quote:

Have some respect for yourself and others.
OH, I respect myself and most posters on this board. You're just not one of them....
Posted by Korkstand
Member since Nov 2003
28746 posts
Posted on 11/22/13 at 5:37 pm to
quote:

OH, I respect myself and most posters on this board. You're just not one of them....

Do I have to mock other people and exhibit a compete lack of objective and logical thought in order to earn your respect?
Posted by LSURussian
Member since Feb 2005
127352 posts
Posted on 11/22/13 at 5:55 pm to
quote:

Do I have to mock other people and exhibit a compete lack of objective and logical thought in order to earn your respect?

You've discovered my secret!
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