mutteraloo

I'm worth way more than 13 million, and you will most likely lose your million because you can't read :)

So 10-15 more years? In the meantime we can use blockchain/bitcoin to scam money from grandmas, retired folks, and millenials. So they can hate us technologists even more.

Oh, and cause global warming and destroy the planet. That way humans will have to come up with a non-government backed currency.

You do realize that there are other scenarios, such as North Korea launching nuclear strike into Silicon Valley or New York? Would you prefer that? or North Korea failing quietly like the collapse of USSR?

you do realize that China is the only reason North Korea is still operating, right? The North Korea that threatens your home country and brutalizes many of your relatives in North Korea?

here, let me show you why

- Man in China sentenced to five years' jail for running VPN https://www.theguardian.com/world/2017/dec/22/man-in-china-s...

- France couple in China unreachable after Liu Xiaobo tribute - BBC News http://www.bbc.com/news/world-asia-china-42454865

- China Continues Hunting Down Liu Xiaobo Commemorators, Rounding Up Dissident Writer https://chinachange.org/2017/12/22/china-continues-hunting-d...

Xijingping this year heavily emphasized the communist ideals in the country, to a point where the civil servants have to pass tests on the ccp ideals

Also China is still the censoring, authoritarian regime it was before. Look at their citizen scores, monitoring, threatening South Korea, Taiwan, us, Australia, etc

Nope. China can attribute that to cheating and lying through wto, which now us japan and eu are now stopping. Also to massive investments brought by.....guess who....evil western forces

Or you know, the government could just stop the polluting factories from polluting

Or maybe you're just under their marketing and propaganda. here are some things the authoritarian government did just this year

- China puts a freeze on burning coal, leaving millions of families shivering in the cold http://shanghaiist.com/2017/12/05/coal-ban.php

- China Blowing Major Bubbles In 2017 https://www.forbes.com/sites/kenrapoza/2016/12/19/china-bubb...

- In locked-down Xinjiang, China is tracking kitchen knives with QR codes https://www.fastcompany.com/40510238/in-xinjiang-china-some-...

- Big data meets Big Brother as China moves to rate its citizens http://www.wired.co.uk/article/chinese-government-social-cre...

- China threatens U.S. Congress for crossing its ‘red line’ on Taiwan https://www.washingtonpost.com/news/josh-rogin/wp/2017/10/12...

- Joe Hockey’s stark warning to Australia over Chinese interference http://www.theaustralian.com.au/national-affairs/joe-hockeys...

- Chinese diplomat in U.S. threatens Taiwan with military attack https://www.taiwannews.com.tw/en/news/3316709

they prop up dictatorships in Iran, Pakistan, North Korea, Burma, Zimbabwe, Sudan, Venezuela

bullshit. or maybe the Chinese communist would have been overthrown, and they would have had a better government.

all the progress China's made today is because the communist government took their foot off of the necks of the common citizens, and let the citizens work tears and sweats.

Stop using what-ifs to justify monstrocities.

There's a very easy way anyone can start fighting against a brutal regime like this:

Stop buying stuff from China. Just stop. Support local made.

Lest we forget, this is still the same government that mowed down 10,000 innocent lives, that still runs China today. They've gotten better at hiding behind marketing, propaganda, and strong arming other countries, but they're still ruled by a small, powerful group of elders that control every aspects of Chinese people's lives.

It's sad that we keep feeding this dangerous psychopath which threatens democracy and freedom worldwide. This psychopath will eventually cause harm to a few countries (Taiwan, South Korea) when said and done, maybe enable North Korea to strike a few nuclear missiles into Los Angeles or Tokyo, who knows.

Sam Altman loves China; he'll ignore everything bad about it except the (certain) libertarian aspects (which doesn't conflict with the government)

EDIT: whoever modded me down, take a look at http://blog.samaltman.com/china or https://techcrunch.com/video/sam-altman-of-yc-china-remains-...

It could also go back to $100.

Bitcoin has no mainstream use right now. It's too expensive to transact in terms of money and time, it's too volatile to be a store of value, it's too technical to be used casually, it's too fragile since it gets hacked every which way, and it's too easily copied to be rare.

when you talk to a bitcoin enthusiast, at first it was 'well it's a currency'. then after seeing the transaction fee and time, it was 'well it's a store of value'. then after seeing the 80% price drop, it was 'well it's rare'. then after seeing hundreds of cryptocurrencies on coinbase it was '......?'

there could be thousands of crytocurrency next month.

there are hundreds of crytocurrencies. what makes one of them rare?

They didn't know what they were buying; bits in a database. A very poorly implemented database that was

- not scalable

- not rare

- didn't have any government backing or big institutional backing in case the price dropped from 19,000 to 11,000

- easily hackable (tether, fake trades, scam exchanges, etc)

- too expensive to do a single transaction

this applies to most crytocurrency

the emperor wears no clothes.....now people are seeing that bitcoin is useless for anything except gambling. it is not dollar. it is not gold. it is not visa. it is not bank.