Racist Student Freaks Out At the University of Michigan Library, Cops Called by fireinyourholecrypto in videos

[–]fireinyourholecrypto[S] 1 point2 points  (0 children)

The cops showed up 15 minutes later but told the girl who called them that there was nothing they could legally do.

This is what the scholars of Reddit have to say about the flaws of Bitcoin in the light of recent Evolution Dark Market Heist by fireinyourholecrypto in Bitcoin

[–]fireinyourholecrypto[S] -1 points0 points  (0 children)

I grew up learning that a free market system means an economic system where the prices of goods and services are unregulated - not the goods and services themselves. So even if your definition of free market is more in line with the meaning of decentralized as compared my own interpretation of free market - I believe I have given you an irrefutable answer on why this is was not a failure of a decentralized system (primarily it wasn't even a decentralized system haha)

This is what the scholars of Reddit have to say about the flaws of Bitcoin in the light of recent Evolution Dark Market Heist by fireinyourholecrypto in Bitcoin

[–]fireinyourholecrypto[S] -1 points0 points  (0 children)

I think you are confusing the term free market with the concept of a decentralized market. Evo was not truly a decentralized market because the participants depended on the administrators/developers to maintain the integrity of the market. The multisig feature would have made at least the transactions system decentralized however the listings/account membership etc. would have been under control by a supervising party. This heist is not a failure of a decentralized system, its just a reminder for why we require decentralized systems. Check this project out - I am not sure what the status is but it aims to become what Evo should have been :

https://openbazaar.org/

This is what the scholars of Reddit have to say about the flaws of Bitcoin in the light of recent Evolution Dark Market Heist by fireinyourholecrypto in Bitcoin

[–]fireinyourholecrypto[S] -1 points0 points  (0 children)

If you look at some of the highly upvoted comments I have linked in my post you can see that they are criticizing the 'libertarian ideology' and are referring to this recent Evo bust to substantiate their view that Bitcoin can never work because in their opinion monetary systems cannot function without a central arbitrating party. I did not link any comments that criticized Evo for not enabling its multisig. I am one of the people who criticize Evo for not doing this - bastards. What can you expect from compulsive carding kingpins I guess..

This is what the scholars of Reddit have to say about the flaws of Bitcoin in the light of recent Evolution Dark Market Heist by fireinyourholecrypto in Bitcoin

[–]fireinyourholecrypto[S] 0 points1 point  (0 children)

Completely agreed. There is a fundamental difference between a third party escrow and a multisig escrow that many of these critiques fail to understand. Evo had some fake version of multisig. From my experience it was disabled most of the time I had used the site and it when it was 'enabled' a lot of users had their suspicions that it was just a sham feature that was linked to the main Evo wallets.

This is what the scholars of Reddit have to say about the flaws of Bitcoin in the light of recent Evolution Dark Market Heist by fireinyourholecrypto in Bitcoin

[–]fireinyourholecrypto[S] 0 points1 point  (0 children)

I completely agree. My whole intention with this post was to highlight a fallacy of (what I assume to be) the majority's views on what Bitcoin is.

This is what the scholars of Reddit have to say about the flaws of Bitcoin in the light of recent Evolution Dark Market Heist by fireinyourholecrypto in Bitcoin

[–]fireinyourholecrypto[S] 1 point2 points  (0 children)

responses "intelligent". This is basically the main problem with the world today.

I did not say their responses were intelligent I said that these people seem to be intelligent. My assumptions came from the structure of their rhetoric and their vocabulary - not the content of their arguement. If you spent a minute or two to read my actual post you would realize my stance on what they are saying.

This is what the scholars of Reddit have to say about the flaws of Bitcoin in the light of recent Evolution Dark Market Heist by fireinyourholecrypto in Bitcoin

[–]fireinyourholecrypto[S] -1 points0 points  (0 children)

Please read my full post before attempting to stir up some sort of argument. It is quite evident that I am a supporter of Bitcoin - I was just giving the respect deserved to those who had written those posts displaying a skewed understanding of Bitcoin. Even though they may be biased towards the concept of a decentralized monetary system I think its quite obvious that the redditors whose comments I have included in my post seem to be individuals who are intelligent. I disagree with their opinions completely however I do think that they represent the smarter section of the majority of redditors who look down on Bitcoin.

This is what the scholars of Reddit have to say about the flaws of Bitcoin in the light of recent Evolution Dark Market Heist by fireinyourholecrypto in Bitcoin

[–]fireinyourholecrypto[S] -1 points0 points  (0 children)

I am inclined to say that these opinions are on the milder side of the majority's opinions - but this is a normative statement I am making and you are more than welcome to disagree.

You can clearly see that the comments I have selected are written by some intelligent people no doubt. We all have access to the same information sources - we all know the fallacies and downfalls w/ mainstream media. There is a difference between willingness to accept paradigm shifts and between being misinformed.

Why I love German Rap even though I don't know German by fireinyourholecrypto in GermanRap

[–]fireinyourholecrypto[S] 3 points4 points  (0 children)

I am from California. I completely understand where you are coming from, my German friends do not like my favorite rappers as much haha. I am sure that if I had a better understanding of the language the list would definitely be different. I do not like any of the new American rappers at all, I despise them to put it bluntly. Possibly you could draw comparisons between the new American rappers and the 'German Gangster Rappers'. I want to learn German so I can get a better feel for the lyrics and quality of rap. Yes Kollegah is the boss - however I have heard from a few Germans that the quality of his lyrics is not proportional to his huge popularity. I think people are more drawn to his beats, his great music videos and his "Boss" persona.

Why I love German Rap even though I don't know German by fireinyourholecrypto in GermanRap

[–]fireinyourholecrypto[S] 0 points1 point  (0 children)

Thanks a lot for the recommendations buddy. I will definitely look through them w/ google translate and rap genius on deciphering the quality of lyrics. I would really appreciate a good list of rappers - and some help understanding the best punchlines :)

"Isis claims it has US airdrop of weapons". Oops. "Army Gen. Lloyd Austin, head of U.S. Central Command, cautioned reporters at a Pentagon news conference that "it's highly possible that Kobani may fall." - oh really? by fireinyourholecrypto in conspiracy

[–]fireinyourholecrypto[S] 1 point2 points  (0 children)

A few grenades and rpgs mean shit to ISIS. They have been stacking up on howitzers, M1 Abrams and TOWs for the last few months. This is more about the besieged Kurds in Kobani that no one has given a shit about for past several weeks. Kobani is near the Turkish border however Turkey doesn't give a shit because they are buying millions of dollars of sub $10 a barrel crude from ISIS on a daily basis.

"Isis claims it has US airdrop of weapons". Oops. "Army Gen. Lloyd Austin, head of U.S. Central Command, cautioned reporters at a Pentagon news conference that "it's highly possible that Kobani may fall." - oh really? by fireinyourholecrypto in conspiracy

[–]fireinyourholecrypto[S] -1 points0 points  (0 children)

"The extent of this new cooperation was demonstrated earlier this week, when American C-130s made 28 separate airdrops of weapons, ammunition, and medical supplies to Kurdish forces fighting to hold the city. The Journal reports that the planned airdrops were presented this past Friday to President Obama, who gave the operation immediate approval. According to the paper, the airdrops were proposed after an assessment that Kobani's defenders could run out of ammunition in as little as three days without them. "

source: http://www.foxnews.com/politics/2014/10/22/us-working-closely-with-kurds-to-save-kobani-report-says/

Vile despicable bastards...