Sagacious Himself — brevity in circumlocution: never blague — suffering genius

February 17, 2014

paypal’s guerrilla war against bitcoin

Filed under: debt is not an asset — Sagacious Himself @ 12:40 am
Tags:

war?

paypal doesn’t want people operating as a “financial exchange”. yeah, let that sink in a bit.

http://www.reddit.com/r/Bitcoin/comments/1g23w2/paypal_email_to_employees_policy_regarding_bitcoin/

Screen Shot 2014-02-16 at 11.26.23 PM

https://bitcointalk.org/index.php?topic=448847.0

Does it not bother anyone that a large number of bitcoin miners are using hardware resources they neither own nor compensate owners for use?

mafia + malware = bitcoins

on the other hand paypal contract sets themselves up as the sole arbiters of truth

despite the criminal element underwriting bitcoins creation bitcoin is less problematic for the user than is paypal

Paypal doesn’t want an individual to be able to call value into existence despite american fractional lending having been doing the same for decades

abandon the defective ideology facilitating American dollar woes:

potential asset != asset

(a potential asset is not an asset)

debt = potential asset != asset

(debt is not an asset)

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