/biz/ - Business & Finance

Digital Gold

Internet money

Encryption

What book anon?

Investor control over capital

>>3642226
Didn’t some anon 5 guy make a post recently on this topic?

we already know but it is cool.

>>3642296
Also curious. Looks like a good read.

>>3642226
satoshi PLAGIARIZED

>>3642293
wow they call it the information superhighway

Author: Satoshi Nakamoto.

>>3642328
IS it actually? Im a retarded buttfuck. I want to read the book. plz to give name of buk.

Wew lad what a read

>>3642335
"The Sovereign Individual: Mastering the Transition to the Information Age" is what I got by searching the text in the first page posted.

>>3642335
It's called The Ego and Its Own, by Satoshi Nakamoto (version corrected by Max Stirner)

It's not really that good and it was not written by the creator of bitcoin (which was CIA) instead they took their name from here, it's pretty much common knowledge

>>3642351
>It's not really that good and it was not written by the creator of bitcoin (which was CIA)

are you trying to spread Russian propaganda here?

>>3642360
We all know KGB was a LITERAL branch of the CIA

Controlled opposition, another common thing. Are you 15 years old?

>>3642379
What about MI6?

>>3642226
what book?

>>3642360
>are you trying to spread Russian propaganda here?

fuckin retard
hes right ya know

>>3642385
Branch of the FBI

>>3642391
https://www.amazon.com/Sovereign-Individual-Mastering-Transition-Information/dp/0684832720

Impossible To Counterfeit

Elimination of Leverage

Global Economy

>>3642226
>>3642248
>>3642260
>>3642293
>>3642303

These are really good reads

Global Economy II

>>3642226
name of book?

anon the jews already found the answer, the peoples greed served it to them on a silver platter

>>3642658
just fucking whack the words into google u tard

>>3642226
brainlet here what's the deal with the '21' number?

Death of Inflation

>>3642708
21 million coins to ever exist

if you own 21 you are part of 1 million club

less actually consider lost coins

>>3642226
>he actually is unable to learn
TOP KEK

Fax machines = myspace = pagers = cryptocurrencies

>>3642351
The NSA sounds more likely. You say common knowledge like its a demonstrable fact.

Efficiency

>>3642260
>Cybercash

I knew I heard it before
https://en.wikipedia.org/wiki/CyberCash

>>3642351
>it's not really that good
hello shillman.

Efficiency II

>>3642743
Wait a minute
Due to the vast amount of jobs at risk of automation and the deflationary nature of crypto would result in unstability because world governments wouldn't be able to promise any kind of income to most people.

>>3643106
The easiest and most efficient way to issue universal basic income is by creating a crypto currency. japan will be the first to create a government sanctioned cc then other countries will fallow.

>>3643135
But wouldn't that just eliminate the purpose of crypto?
Or would it result in crypto just being seen as a way to preserve wealth AKA "digital gold" with fiat being in form of a subsidiary crypto.

https://pastebin.com/SVH8psSj

>>3642324

Even better: he penned an academically sound paper with proper citations.

His white paper is a masterpiece.

(So is the Ethereum one).

Minister you, Satoshi.

>>3643181
this is a link to different links to the book in case anyone is wondering. can confirm the pdf version is legit.

>>3643237
Thanks for the link anon. I normally do not tend to read a lot of books but this one seems quite interesting and might enrich my understanding of crypto and economics more.

I will definitely have joy in reading this.

>>3642502
We have to go innawoods?

>>3642303
That one made me hard

>>3643160
BTC = neutral digital gold

>>3642226
Why do libertarians love gold?

>>3642226
Posts interesting stuff, doesn't give out the name of book.. What a retard.

>>3643606
naw theyd just outright ban it by then once the bubble burst no 2 bubble are the same but it will burst nonetheless

Post this thread on pol. Everyone here already has bitcoin and bitbean

>>3643703
https://books.google.com/books?id=WuQblPwwAjgC&lpg=PA212&ots=XfEaZR-h5x&dq=%22you%20or%20anyone%20motivated%20by%20the%20desire%20to%20live%20a%20better%20life%20will%20see%20the%20attraction%20of%20reducing%20the%20losses%20you%20suffer%20from%20predatory%20taxation%22&pg=PA212#v=onepage&q&f=false

>william rees mogg
hes the father of the british mp jacob rees mogg?
huh

This thread gave me a huge crypto boner

>>3642260
>multitrillion-dollar market

we're gonna make it bois

Open markets and not regulated: no rights regulating the market= you'll die for food or a bit of soap.

Crypto is just good for avoiding to pay a guy to make your transaction or to pay an implied insurance service(higher risk on micro transactions but higher profits)

Products need to be regulated. A piece of meat needs a vet, a color for painting an indoor room needs toxic regulations. "freedom" as the retarded burgers put is already in humans, I mean just walk away from society, there are no rules there, I mean how is cibercripto/bullying real just walk away from the screen
nigga.

>>3644070
or not to pay* an insurance
I write like shit 2boredm8

>>3642226
>fax machines
wtf this isn't the 90's anymore dumb fag

>>3643606
BTC = fool's gold

>>3642260

He's proposing that there won't be a need for a nation-state but how do you do away with something like religion or race that isn't going to cause more war? It's clear, for now at least, that people aren't willing to give up those things. You're fighting against nature at that point. No matter how much social engineering you do, it won't overcome nature, unless you force it which always causes more problems which I'll save for a different thread. But in a crypto future, he's proposing there will be no need to protect yourself against other people because the sovereign individuals will prove to be better at governing resources than politicians.

I'm interested in reading this book because there are some massive, and I mean massive, societal issues that will need to be overcome for this to be true, and I don't see that happening in our lifetime if ever.

>>3643856
Is that the guy Ali-G interviewed?

>>3645656
This fucker?
https://youtu.be/szGxq3pvJPQ

>>3642723
>>muh bitcoin ban
>This 1997 book predicted both the creation of bitcoin and government's futile attempts to stop it.
>Get in now or regret it later when NEETs holding 21 BTC are the local moguls.

I have 180 BTC. I'm better than the 1%

>>3645935
early adopter? trading? rich enough to buy that much?

>>3645972

Knowing BTC since 2012. Got seriously in around 2015.

>>3642226
Takes quite a fortune to accumulate 21 BTC at these prices

T. Hodler of 1.9 BTC

>>3645979
I had a work friend try to set me up mining in 2010. Was living with friends and didn't have a PC at the time. JUST.

>>3646003
yeah i was a middleman on a video game black market that adopted BTC in 2010. fml

The Jews fear crypto.

There was a boook predicting BTC a long time before 1997.

>>3646048
could you could be more helpful and give us the name of the book?

>>3646080
This chan is cancerous, I'll post it in /r/btc instead once I find it.

>>3643106
>jobs at risk of automation
A meme

>world governments wouldn't be able to promise any kind of income to most people
Good

You have just opened your eyes, cryptos are anti-socialism tools.

>>3645305
People wanting gibs, is the only issue. When we are done with that, the rest will be self organization

>>3646107
>board is cancerous
>while posting on said board
wew

>>3642385
branch of the KGB

>already have far too much of my net worth in crypto

These threads make me want to go all in

Anons, stop.

>>3642351
>bitcoin was really just a viral marketing campaign that got out of hand

>>3646868
Seriously though if you don't have any BTC/ETH NOW is the time to buy. Your future self will thank you. As an innovation it is right up there with general relativity and quantum mechanics. Get in early, you can't even imagine what it will lead to.

>>3642502
Mortgage lots of property at the tipping point. When fiat goes under you have no one to repay.

>>3642226

FRIENDLY REMINDER:

https://www.forbes.com/sites/carolinehoward/2014/09/10/peter-thiel-dont-wait-to-start-something-new/#1a83f7a41e69

>Amit Aujla: What's the most important or influential book you've read?

>Peter Thiel: The Sovereign Individual (Touchstone, 1997), by James Dale Davidson and Lord William Rees-Mogg, is an unusual book that I read at a singular moment, just before starting PayPal. A lot of thinking about technology oscillates between two extremes: It's either a big historical force acting over the long term or it's a matter of short-term trends to bet on. The Sovereign Individual is different because it takes foresight seriously: If you think hard, you can understand and make plans for a future lasting 10, 20 years or more--and that's how you have to think to be successful.

>>3646868
>not going all in on Bitcoin

>>3643720
They can't do shit. Look at China. You crush the price temporarily, then it goes back due rich people using OTC markets even before you banned exchanges.

>>3644089
Go to bed, Peter.

>>3646107
>/r/btc

>>3644070
It's all fun and games until your country goes full Venezuela, then you'll be retard as holders get rich.

>>3644070
>Products need to be regulated. A piece of meat needs a vet, a color for painting an indoor room needs toxic regulations
1. Save money from not paying 33% income tax and 10% sales tax
2. Pay inspection company for quality guarantees of certain products (These companies already exist today)
3. I don't have to worry about the free market poisoning my food because It'd be a financial suicide for the business in question
4. Enjoy a wider array of affordable quality goods than under cronyist socialism as well as having higher disposable income from low taxes.

>>3646018
Video game black market? How are video games black market goods?