Jow Forums help me out with this. I'm writing a paper for school about Slave Theory and it is centered around the Bitcoin ecosystem. Slave Theory is simple to understand and covers situations that occur when a group of people try to get out of slavery by creating a tool to enslave others but find out in the end that they end up enslaving themselves even further.
>1. Be your own bank
While in theory the wallet setups of Bitcoin and its clones seem to support this claim I have found that without fiat denomination of any coin cryptocurrency is worthless in the minds of its speculative investors. The only way this value assignmemt can take place is if the exchanges do the job for the community. With this in mind I find it hard to actually be your own bank when you need a third party to do this for you.
>2. Decentralized
In theory yes because of the nodes. In practice no because of the need for the exchanges again. Without the few exchanges (in comparison to the nodes) denominating cryptos in fiat I don't see how this operation could even survive. This centralized exchange setup may act like a hydra with one million heads but lets face it, they all submit to the infrastructure of the internet to function. This internet is governed and regulated by the very same entities cryptocurrency aims to free you from.
>3. Beat the bankers
Doing a simple search on Google will instantly make you realize that no one is trying to "beat the banks". Just search "banks adopt cryptocurrencies to see what I mean. If anything it almost looks like they are actually trying to improve baking efficiency by acting as disruptive technology masked behind a thin veil of libertarianism. Almost as if it is purposefully playing the proxy card in case the project fails. Freeing yourself financially via cryptocurrencies is actually a tool to enslave you further into the clutches of the banking system.
No matter your race the minute you create a meme that eats beast bits for breakfast you automatically become a slave. Contrary to popular belief it is not the other way around.
>they carry the heaviest bags literally comprised of nothing
---->Joobilated
>you carry the lightest bags that are made up of just about everything
The best choice is obvious.
Carson Nguyen
>Achuelly the opposite of what is true is true
Nah, jk. I admit that your theory is one very possible future that I've considered, but I think the default Bitcoiner idea of a decentralized, anti-bank future is also reasonable.
The more interesting concept is that liberalism (and I mean that in the academic or international sense) is going to implode over the next century and because Bitcoin can be seen as just another liberal experiment (rule by protocol in an anarchic state of nature) it may thus fall with the rest of the ideological superstructure. Or it could end up being used in an unforeseen way and subsist despite liberalism's political collapse.
You'd probably be interested in De Jouvenal's On Power and Mencius Moldbug's blog fwiw
>but I think the default Bitcoiner idea of a decentralized, anti-bank future is also reasonable Could you expand upon this? In it's current state I would say that it already failed. It quickly turned into fire against fiire rather than ice vs. fire. Do you see another scheme emerging that dwarfs this crypto experiment gone wrong?
Elijah Campbell
no one wants dumb nigger shit in crypto, gtfo joobilated hurr
Nolan Morris
>he might be the most ignorant user on the internet
I'm sorry you have no idea what you are looking at. Your parting gift is free blockchain source code. Do with it as you wish.
Remember 20-Apr-2018 is the absolute latest you can have your house in order.
Are you the one spamming cryptic "joobilation" posts all over this board lately? If so, thank you for not pretending to be a retard, for once. And if that wasn't you, fuck you for using that retard's word!
YOU A HATER, JOOBIE DOOBIE DOO 4/20 BLAZE IT BITCHES!
Gavin Nguyen
honestly, guy, i'm just sick of these threads. i feel like we're just leading up to a really disappointing orgasm. and what's worse, you attached it to fucking 420. fuck, come on. COME ON. arghhh. id rather eat raw bcash out of roger ver's saggy asshole than unironically anticipate a 420 release date for some weird blockchain-related bullshit that had a month-long leadup full of vague witchy gayness
Jackson Robinson
I'm just saying that there is another perspective (the usual pro-Bitcoin one) that is relatively reasonable. There is even the very mundane possibility that bitcoin neither ends up destroying the banks nor being converted into some enslavement tool. It could just be a moderate improvement that makes some portions of the world better off but doesn't really change the power structure significantly. Many things are like this.
>In it's current state I would say that it already failed
That's probably influencing your predictions. I don't think its failed at all, I think that people had unwarranted expectations and the project has been impeded by political histrionics.
I'm in the position now where I think that Bitcoin is fundamentally flawed, but only because our modern world is fundamentally flawed, but despite this, Bitcoin will probably still have an important role to play, and I am willing to keep betting on it appreciating in value. Basically, its just playing the game of modernity very well even if you have come to see the game as broken.
Dominic Miller
So what I gather from your picture is that you still can't comprehend 9/11 and think the gooberment did it....am I right?
If you have a hard time decyphering blockchain sourcecode in this thread then maybe you will have an easier time with this "cryptic and retarded" image. I pulled it out of the archives just for you cause I think you are special.
Joobilation is coming whether you like it or not. Your eyes and ears either work or they have failed you miserably. Don't shoot the messenger...
>and I am willing to keep betting on it appreciating in value
And this right here is what makes you a slave and a perfect candidate for Slave Theory. Your investor's bias instantly makes you cheer lead and blindly follow where ever it goes because if it fails you will have to admit you were wrong. That pops your bubble and so physics kicks in and your mind by default takes the path of least resistance. In this case though you will get burned because they cranked up the power too fast in a desperate attempt to beat out daddy. Low resistance and high power = up in smoke You weren't rated to handle it.
You are not even bagholding an "investment" waiting for the greater fool. You are bagholding an entire meme known as digital assets that have been playing musical chairs for decades.
>elites buy up bitcoin >crypto becomes NWO currency >elites manipulate prices until they hold all or most of the money >we beat the banks guys
crypto and smart contracts is automation for the financial sector. lots of people will lose their jobs and those at the top, buying shiloads of btc now, won't have to pay pesky employees anymore.
all you can do is get in now and try to hold on to your wealth.
Landon Anderson
>....am I right? WRONG! That is very presumptuous of you. In my opinion, it was Israel (Mossad) working with the Saudi royalty, under the blessing of some more powerful and shadowy organization. And now you are right back into the cryptic half statements. Are you trying to say that blockchain is the work of Satan? Because as a Christian I'm still on the fence about that one.
Nicholas Evans
I've been buying, hodling, and selling for 5 years now. I've made substantial gains and I have plenty of money I've taken out and put on the side.
I've already admitted that I may be wrong thousands of times to myself and others. I have more ambitions that don't directly involve crypto, so while the invention interests me, it's by no means the end all be all.
Everything you've said about me can be thrown right back at you with little modification. If bitcoin succeeds you will refuse to admit you were wrong, instead you will take refuge in conspiracy theories to explain how you are still right.
>crypto and smart contracts is automation for the financial sector no one wins a game from within
you are slaving only to be just like them
in an attempt to speed up their demise you ended up admiring them instead
never get close to a black hole
Easton Sullivan
You sound like the most pretentious fuckwit soy 20 year old with a hankering for looking good to his professors because "it says a lot about him".
Levi Price
what is the price going to do in 4 days?
Austin Hill
>If bitcoin succeeds
Let me show you how it already failed with crypto's own circular logic:
>hate the bankers >fixed amount >decentralized >denominated in fiat >centralized >unlimited supply >hope the bankers save you
I can't help it if you don't want to admit it yet. Just because you have a collective mouthpiece doesn't mean you're not all in denial. It only means it will take much longer for you all to admit it. You will have to admit that it was all for the centralized exchanges to make fees and pay the IRS huge lumps of funny money.
Your speculative nature has made you a slave to something that is made up of absolutely nothing. Your soul is owned by empty promises coupled with slave wages. Bid rigging with bots and running fake reasons why things happen with bought out media can't save you anymore.
Jaxson Stewart
will the price go up or down in 4 days
Wyatt Collins
The posts go back to Nov 2017 - FYI. Same Apr 2018 date mentioned.
Zachary Collins
He cant answer this because it will destroy his delusion when we see the biggest bullrun in history this month
I cant wait to see op's post hoc justification for his joobilation delusion on the 20th when the exact opposite of what he thinks is going to happen happens
