That's what 15% inflation is for.

But we can't have that, can we, for Satoshi has spoken and limited
supply is the one true cryptocoin that we must all worship.

I think if we really want to burn the system, it's going to require
a massive debt-strike until seigniorage is distributed as basic income
instead of to the banks that create more debt. Bitcoin is a shiny
deflationary distraction to keep us killing each other and feeding
the army of undeabtors.

I'm only half trolling. Why is it everyone rallies around bitcoin
when there are far better money supply algorithms out there? The
point, to me, of cryptocurrencies is any damn fool can hack out another
altcoin.

The question is: Is it simply a failure of imagination that we don't
see more demurrage currencies like freicoin, or an active psy-ops
and disinformation campaign by the dark lords of Debt, who by now
have complete control of the bitcoin price by controlling the demand?


On Tue, Jun 09, 2015 at 06:06:02AM +0000, Amir Taaki wrote:
> why would you pay back your debt to a bunch of crook banks and thieves?
>
> borrow everything, buy bitcoins and declare bankruptcy all the way.
> burn the system to the ground.
>
> snakecharmr:
> >
> >> The problem with America is too many goddamn libertarians who turn into communists the second
> >> someone else has something they don't.
> >>
> >
> > Haha, well said. Everybody wants freedom for themselves. The tyrant is
> > just one who isn't willing to give it to anybody else.
> >
> >>
> >>
> >> On 06/08/2015 08:16 PM, Troy Benjegerdes wrote:
> >>> And the army of undeabtors has struck back..
> >>>
> >>> http://www.slate.com/blogs/moneybox/2015/06/08/lee_siegel_new_york_times_op_ed_is_this_the_worst_op_ed_ever_written_about.html
> >>>
> >>> On Mon, Jun 08, 2015 at 10:55:22AM -0500, Troy Benjegerdes wrote:
> >>>> (this writing is best had after watching the Game of Thrones episode 'Hardhome'[1])
> >>>>
> >>>> Why should one default and burn their student loans?
> >>>> http://www.nytimes.com/2015/06/07/opinion/sunday/why-i-defaulted-on-my-student-loans.html?_r=0
> >>>>
> >>>> Student debt is the Night's king of our age. The more you battle to pay it off, the stronger it becomes, turning your fallen friends into undead wage-slaves.
> >>>>
> >>>> You cannot have a rational conversation with a wage slave, or most anyone in debt, for the things they bought with it take over their lives.
> >>>>
> >>>> You must be willing to burn the debt and all the things that came with it. But doing so alone is a fools errand, burning any path you may have to live free, ensuring, at best, a free death, after which any possessions you may still have will be raised from the dead to fight for the Night's debt army
> >>>>
> >>>> To be free, we must first be able to feed ourselves, educate ourselves, and freely share both food and information. Burning debt is not sufficient. We must plant seeds, and share the fruits of those seeds with anyone who may be hungry. The only way to fight the deabt is with gifts of abundant food, and the compost of the abundance after hunger is saited.
> >>>>
> >>>>
> >>>>
> >>>>
> >>>> [1] http://www.techtimes.com/articles/57683/20150606/game-of-thrones-who-is-the-nights-king-and-is-he-a-stark.htm
> >>>> _______________________________________________
> >>>> unSYSTEM mailing list: http://unsystem.net
> >>>> https://mailinglists.dyne.org/cgi-bin/mailman/listinfo/unsystem
> >>>
> >>
> > _______________________________________________
> > unSYSTEM mailing list: http://unsystem.net
> > https://mailinglists.dyne.org/cgi-bin/mailman/listinfo/unsystem
> >
> _______________________________________________
> unSYSTEM mailing list: http://unsystem.net
> https://mailinglists.dyne.org/cgi-bin/mailman/listinfo/unsystem

-- 
----------------------------------------------------------------------------
Troy Benjegerdes                 'da hozer'                  hozer@???
7 elements      earth::water::air::fire::mind::spirit::soul        grid.coop

      Never pick a fight with someone who buys ink by the barrel,
         nor try buy a hacker who makes money by the megahash