03.01.14
Music for a Ponzi Planet
Pete Seeger’d shit: “Oh, lord, pass me some more.”
Demographics:
Boys’ club, a minor subset of WhiteManistan, even though they exist in tech centers. Young right-wingers who don’t get wound up over gay people.
Losing 300,000 to MtGox as an affordable loss for someone who lives in a money-laundering hub, Panama City, and posts the truth to “the Internet’s front page,??? Reddit.
The perfect philosophy of money for someone freeing the world from government tyranny with a plastic gun until the State Department took it off him for unbelief in the ITAR.
Winkdex says BitCoin is still worth $516 today even though MtGox just blew a big hole in the stash. The fanbase is desperate to keep it propped up and they can, for a while, since most of it is held by a tiny niche of the population. And the thieves certainly don’t want it to devalue.
Have you ever run across a female ‘glibertarian’?
What happens when an almost billion dollar hole is in a money supply held by a very small population?
How much of the next year do you devote to slow, stealthy money-laundering?
Young men who have no use for Western Union and check-cashing stores.
I Bought Subway with BitCoin and it was Really Awesome entrepreneurs who run start-ups on how to advertise on Facebook.
Young men “named” in tribute to John Galt.
Early semi-retirement canceled. BitCoin Godot never showed.
I’m not waiting for BitCoin Godot in today’s post.
Instead, the real world. Two or three hundred people for two part-time jobs at a local super-market.