Popular article Mencius moldbug bitcoin value

Puffs of Smoke from the Gold Volcano - SafeHavencom
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Puffs of Smoke from the Gold Volcano - SafeHavencom

Date Jul 16, 2018

It is unclear where this theory first started in relation to bitcoin, perhaps it was from Curtis Yarvin, who writes at Unqualified Offerings as Mencius Moldbug (he briefly discussed this idea four years ago). . Bitcoin is a digital currency created in 2009 by Satoshi Nakamoto. The name also refers to the open source software he designed that uses it, and the peer-to-peer network that it forms. The total value of the Bitcoin economy as of April 2011 is 4,500,174 USD. Unlike most currencies, bitcoin does not rely on trusting any central issuer.

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The economics of Bitcoin - Marginal REVOLUTION
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The economics of Bitcoin - Marginal REVOLUTION

Date Jul 2, 2018

Mencius Moldbug, “On monetary restandardization. and do whatever it takes to drive the value of a bitcoin down to zero, as quickly as possible. Do you imagine that they will find it at all difficult? If the penalty for buying or selling a bitcoin in your country were life imprisonment, would you still do so?. View unqualified-reservations,Unqualified Reservations eBooks and Archive | Mencius Moldbug Unqualified Reservations by Mencius Moldbug Original Blog Unqualified Reservations Official Twitter Account @moldbug_ebooks Topical Archiv

Mapping the Dark Enlightenment - Armed and Dangerous
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Mapping the Dark Enlightenment - Armed and Dangerous

Date Jul 13, 2018

Did LambdaConf make the correct decision in keeping Curtis Yarvin (Mencius Moldbug) as a speaker? Whatever value there may be in any of these schemes is lost in comparison to the amount of disruption it would require to make them work. Even if you set Yarvin's characteristic pretentiousness and verbosity aside, the best you could hope to do. Bitcoin is money, Bitcoin is a bubble MENCIUS MOLDBUG let alone a multiple equilibrium—we want it to have an underlying value. Which is a physical property, like weight or orangeness. When I say that Bitcoin is money and Bitcoin is a bubble, your mind grows nervous,

How Bitcoin dies - Hacker News
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How Bitcoin dies - Hacker News

Date Jul 9, 2018

The big problem with BitCoin is that it is a currency without an exclusive economy. Think about it: the US dollar will always have value (even in hyperinflation, though it would then have less value) because people in the US are paid with dollars and the government buys goods/services in dollars. . se value of the thing • Monetization is a form of bubble, but it is arguably an unusually stable sort of bubble, since once many potential transactors have settled on an arbitrary token, switching to a different arbitrary token becomes a difficult coordination problem — The (now infamous) Mencius Moldbug used to describe gold as “the

Deep Dive into Futarchy - BTCMANAGER - Bitcoins Channel
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Deep Dive into Futarchy - BTCMANAGER - Bitcoins Channel

Date Jul 17, 2018

/24/2013As Moldbug repeatedly notes, an introverted despotism that violated broader patchwork norms – such as those governing free exit — could be reliably expected to suffer a collapse of sovereign stock value (which implies that the substance of sovereign stock is …. The above further reveals how much of a niche project Bitcoin was back in 2011. Bitcoin’s Value. User Wei-Dai gave some early advise on mining vs. buying Bitcoin at $1: If you value 1 BTC at $25, you should just buy BTC with cash directly. I understand there are websites that allow you to do this, and the current price is less than $2 per BTC.

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Bitcoin - Great Wall of Numbers - Page 5
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Bitcoin - Great Wall of Numbers - Page 5

Date Jul 4, 2018

2/6/2017Invoking whatever they must have remembered from their old economics classes, they rechristened bitcoin as the world's best store of value. Store of value is one of the three classic functions of money that we all learn about in Money and Banking 101: money serves a role as a medium of exchange, unit of account, and store of value.

An Introduction to Futarchy - Ethereum Blog
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An Introduction to Futarchy - Ethereum Blog

Date Jul 12, 2018

Mencius Moldbug II (Specific ideological/policy suggestions from Moldbug) Two Books on Incomprehensible Man-made Systems (“Normal Accidents” on technology, “Reflections on Judging” on the judicial system) A Survey of the Dark Enlightenment (Looking beyong Moldbug to the larger neoreactionary ecosystem)

Outside in - Involvements with reality Moldbug
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Outside in - Involvements with reality Moldbug

Date Jul 6, 2018

By Mencius Moldbug - Feb 15, 2009, 12:00 AM CST I thought it would be nice to take a break from sounding like one of Plato's lesser-known, even-more-evil competitors, and note the latest in the eternally fascinating and bizarre gold-dollar system.

Loper OS Bitcoin, or How to Hammer in Nails with a
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Loper OS Bitcoin, or How to Hammer in Nails with a

Date Jul 4, 2018

This is by Mencius Moldbug, a coder who made off with enough options money just prior to the dot-com crash to basically be retired in the Bay Area, reading and writing.