A Quote by Melanie Swan
We can divide bitcoin people into two camps: one that goes along with the existing system and wants it to work complimentarily with the existing system, and then the other half is basically religiously opposed and wants to invent a libertarian, regulation-free world.
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I think that building political power has to come from the outside and from within. Meaning, we have to build political alternatives to the existing system, and we have to try to impact what is happening in the existing system.
I'm all for reforming our higher education system, in the 21st century, to have the skills you need for a middle-class job, you need higher education of some form or fashion. It may not be a four-year degree. The problem is he just wants to pour that additional money into the broken, existing system.
Bitcoin is two things which share a name. One, it's a payment system, and two, it's a currency. You use the Bitcoin payment system to send bitcoins as currency from one account holder to another. The transfer is instantaneous, carries no fee, works anywhere in the world, and is private.
The great virtue of free enterprise is that it forces existing businesses to meet the test of the market continuously, to produce products that meet consumer demands at lowest cost, or else be driven from the market. It is a profit-and-loss system. Naturally, existing businesses generally prefer to keep out competitors in other ways. That is why the business community, despite its rhetoric, has so often been a major enemy of truly free enterprise.
The existing world economic order constitutes a system of plundering and exploitation like no other in history.
Every system tries to get people to conform to support that system. That goes for communism, socialism, free enterprise, or any other civilization. If they don't demand loyalty, they can't keep their civilization together. So what they do is they teach things that would support an established system. We do not advocate an established system. TVP talks of an emergent system into state of change. So that we always prepare people for the next changes coming ahead. So that people will not cling to the past.
Some of the bitcoin community come from that kind of anarchistic, libertarian view. But, one reason why I think Ripple has been very successful is because we work with the system.
We're at a moment when the international system is in a period of change like we haven't seen for several hundred years. In some parts of the world, the nation state, on which the existing international system was based, is either giving up its traditional aspects, like in Europe, or as in the Middle East, where it was never really fully established, it is no longer the defining element. So in those two parts of the world, there is tremendous adjustment in traditional concepts.
The Occupy Wall Street collective is confused about what it wants but it wants it now! Some of the loonier demands from its independent thinkers: Striking all existing public and private debt from the books across the "entire planet"; elimination of all international borders; free college education; a guaranteed "living wage" for all regardless of employment; an end to free trade; trillions in additional spending for infrastructure and ecological restoration; and ending the fossil fuel economy.
The two party electoral system performs the essential function of helping to legitimate the existing social order.
And I am glad to know that there is a system of labor - where the laborer can strike if he wants to! I would to God that such a system prevailed all over the world.
If the helplessness and isolation of labour, who have nothing to sell but their labour, can be totally removed by connecting labour with capital through a universal credit system, we'll then have other kinds of actors on the economic scene different from what the existing capitalist world would allow us to bring out.
The existing world economic order constitutes a system of plundering and exploitation like no other in history. Thus, the peoples believe less and less in statements and promises.
I am opposed to Obama's efforts to destroy the American economy. I'm opposed to Obama's efforts to so-called fix the health care system. I'm opposed to the way Obama wants to go about fixing unemployment.
Please be assured that as we move along through the implementation of health insurance reform, making sure that we find efficiencies within the existing system, is foremost on the President's mind.
Merely by existing and evolving in time - by existing - any physical system registers information, and by evolving in time it transforms or processes that information.
