Interesting discussion on Crypto over on /pol/ happening right

>>2289892
I just hope smart contracts blow the fuck out of law, what an irritating profession to deal with.

>https://www.theguardian.com/technology/2017/jun/04/forget-far-right-populism-crypto-anarchists-are-the-new-masters-internet-politics

WHAT THE ACTUAL FUCK

>>2289943
I only skimmed through the article but it seems like crypto truly is the future

>>2289934

Got into trouble with the law few years back, won't say what for but feds were breathing down my neck. Family paid a family friend attorney $15k to do nothing but talk to the DA for probably 30 mins and suggested I plead guilty. I said fuck that, DA threw my ass in jail for a week for rejecting their "deal" and I went with a court appointed attorney. Against all advice I went for a evidentiary hearing and got it all tossed out of court for 4th amendment violations. Seriously though fuck lawyers and fuck big government.

>>2289943
kek here we fucking go

Wonder what she is bag hodling to make her such a twat. Probably xrp like us all. Can't blame her.

>>2289979
kek, that's seems a little different, but counter-party risk and contract are seriously big pains in the ass to enforce and expensive too. With smart contracts, there's no bullshit - all parties put up whatever they're bargaining, and when the deal's done, everyone gets what they were promised.

>>2290016
*contract law

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>>2289979
>>2289934
tfw taking the LSAT in a week

>>2290029
Good luck

>>2290071
ty m8

hopefully my years of arguing on 4chan will help

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>>2289943
>mfw called right wing crypto anarchist

lmao what an article
she is right about some things though

>>2290115
>Your honor, let the record show that the defendant is clearly a fucking cuck and possibly Reddit shill. Additionally, I have a number of smug anime reaction images I would like to present to the jury...

Man I'm reading through that read, why the fuck can't we have discussions like that here? Seriously, fuck you people

>>2289892
prepare for crash. HODL for your lives.

>>2290252
*thread

>>2290252
They're discussing ideas, we plot how to get a lambo

>>2290252
>topics of a political nature belong on pol

>>2290252
I agree, lets work on baking a thread to post on /int/ or a different board with flags so we can get some serious Crypto discussion. Anyone want to help?

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>>2290286
Every spreading of crypto information leads to more adoption.

The question is do we want normies to get in sooner or later?

Sooner means faster adoption
Later means more time too accumulate

I'm up for a discussion though, please link the cross thread.

Leave it to The Guardian to mix Trump with crypto. Boomer journalists need to get a clue.

>>2290013
just nocoiner rage

>>2290286
Just focus on /pol/. I have been pushing crypto / decentralization discussion on /pol/ for a long time. They are slowly coming around now that Trump fever has subsided.

Soon /pol/ and /biz/ will become cypherpunk hotbeds.

>>2289943
>In October last year, while researching my new book,
it's fucking nothing

>>2290411
visiting from /pol/, Ancaps were one of the dominant factors 6 or 7 years ago. The past few years of chaos have brought out a little bit of nazi in most sensible people but as far as Im aware it was never a contrived trend. Also /biz/guy who linked to this thread never answered me so I can I ask a currency related question here?

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>>2290441
Ask your question faggot

>>2290441

Being initially from /pol/, I'm glad you're here. Riches are soon going to come to you. (((They))) cannot control what is happening.

>>2290483
>>2290494
Ok as a laymen cryptocurrencies strike me as the superior form of currency even if it is fiat, but in lieu of a system of cryptos, would a currency back by rare earth metals function as a viable and sturdy alternative to floating fiat or gold/silver? Or is the abolition of our current system of floated fiat currency mediated by central banks a ron paul tier memedream?

>>2290159
Underrated.

>>2290516
dont know what the fuck you are asking

>crypto is fiat, floated fiat
you what mate?!

>crypto backed by metal
I think there is a saudi crypto project that is backed by gold. think its called 1gram

Almost all crypto is a decentralized store of value. Its just really volatile right now because the market is still fresh.

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>>2289892
>interesting discussion
>/pol/

>>2290516
I wouldn't necessarily consider all cryptocurrencies to be fiat. In Bitcoin's case, the energy cost to mining is an underlying cost to the production of tokens. Bitcoin is also finite in the long term, which also makes it scarce. It is designed to mimic the properties of precious metals without the undesirable physical aspects (heavy, hard to transport).

I would argue that your so called "memedream" of a rare earth metal backed currency would be less desirable than cryptos, since crypto would have all of the features of said memedream currency + the added digital nature.

Most crypto guys were ron paul tier gold bugs originally.

>>2290591
I was under the impression that fiat was any worthless money, apparently its only worthless money printed by central governments, apologies. Also I wasnt talking about a crypto backed by rare earth metals, really just any currency backed by rare earth metals, though I suppose central currencies of such a nature was my real question.

>>2290615
Thank you. This answers my question and more.

>>2290252
Se are the action. Not the thought.we are parte of the change.

Why don't we create a Kekcoin or Reichcoin to scam these gullible /pol/tards out of their NEETbux?

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>>2289892
>>2289943
THEY FOUND OUT

TO THE NAZI SPACE STATION

>>2290692
They already tried that with trumpcoin.

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Hi fellow /pol/lacks

Post dem blockfolios

Entire portfolio is up 1000%

the funny thing is the far right hates globalism. these cryptocurrencies will make the world even smaller.

>>2290737
Eh, the pure free market dynamics of crypto attract me.

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>>2290610
>>2290692

>>2290756
this is bigger than you. people in it are lost, people outside it are lost.

>>2290737
They hate top down centralized globalism. And to them, that's the only kind that could ever exist.

They just need to be shown there is another way.

>>2290737
this is oversimplified

people will have a lot of choice of store of values.
In a way you can decide which crypto aligns with your political views.

>>2290737
The parts of globalism that are truly hated are the manipulations of the global elite in favor of their own central currencies and lending practices and monetary policies of things like the IMF. Cryptos take the power out of their hands. Remove artificial inflations and manipulations and hopefully, you remove the intentional destruction of national peoples in the interests of short term profits. The whole assertion of the far right is that we form these societies naturally, and that aberrations against national societies cause huge problems. If these societies form naturally, cryptos wont hurt that even if they might lead towards weaker border controls simply because it removes the power of people like Soros to kike up nations that do so.

>>2290784
>In a way you can decide which crypto aligns with your political views.
Yep, and not just with currency. There will be countless "societies" that operate on different smart contract frameworks. You will choose them based on your lifestyle choices.

We can see the infancy of this today. Look at Ethereum Classic, it only exists because there is significant (even if not a majority) political opposition to the way the Ethereum Foundation controls the Ethereum network.

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>>2290826
>voluntary societies will eliminate mass degeneracy
>mfw

>>2290826
>>2290784
But I don't care about "muh morals"

I'm all about the lambos

>>2290792
>>2290826
solid points

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>>2290850
careful anon

the internet was the future, but a lot of people lost their asses

>>2290631
Fiat by definition denotes establishment by government.

Crypto is created via what can be considered "law" or decided consensus from both users, developers and miners. If you disagree you are free to use something else.

>>2290863
All I see in the graph is proof that all you need to make money is have a titanium grip

>>2290888
BELIEVE IN THE DREAM BROTHER

>>2290888
Yeah but how much of a grip, and how much profit?

If you bought in during the late 90s in your mid 40s, you would have had to wait until retirement age to even break even again.

Are you willing to wait 13 years to break even? never mind lambo land.

Not saying you won't get rich. But I do think that 99% of these coins are fucked forever when the bubble pops. Im especially wary of ICOs. They are basically glorified kickstarter campaigns for software companies that would be laughed out of a VC office for not having actually developed a product.

>>2290252
I'm not saying a word because I'm waiting to buy the dip. Fuck those plebbit normies.

>>2290252
You must be a fucking leaf

>>2289943
kek, if only they knew that there's a decent bit of overlap. Sure feels weird having media keep writing about what I get into.

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If you keep wanting /pol to come here, understand that you won't be getting daily conversations like that. It'll be:

>le Trump made a deal
>it's because he wants us to get gainz

Pls don't encourage.

https://www.law.ox.ac.uk/business-law-blog/blog/2016/07/smart-contracts-bridging-gap-between-expectation-and-reality

Some of the hurdles and limitations that smart contracts are going to come up against. Important to keep note of these.

>>2290516
>Ok as a laymen cryptocurrencies strike me as the superior form of currency even if it is fiat
bitcoin is NOT fiat jesus.

>>2290692
pepecash is real