At the political level, short - termism is another way of saying socialism . Cortoplacista sees the wealth and the conditions that make it possible ; see the bread, it steals and eats it , ignoring and trampling the conditions under which the same bread has come into existence. Bread for all !, think, why not? ...
Bread for all, right now, without all those evil obstacles that capitalism is determined to be between desire and its immediate satisfaction, without bakers encouraged to produce bread, no bakeries organized and guided by the profit motive of their owners, without prices reflect the demand for bread and the relative scarcity of the resources needed to produce it. In short, without a market actually put the bread to everyone.
Bread for everyone! Already! Satisfying the short term clouds so the judgment of cortoplacista that this will not hesitate to expropriate the breads available, eat all you can in a bulimic frenzy spread that you can spare to enjoy a popularity that will last the duration of a stomach full, and prevent the full weight of the law the profitable production of bread, even if it means no more bread in the near future.
If you are a member of the dwindling class productive and still believe that socialism is more sophisticated than a group of sociopaths eating and handing out happily the fruits of your labor among the growing mass of freeloaders who support the detriment of your future and that of your children, I regret to say that you are just one of the many victims of socialist indoctrination, and as such will not see anything special about Bitcoin so your money is converted into confetti, so all your movable and immovable property to be confiscated on behalf "social justice" -. Like a good lamb , you accept your own convinced that "capitalism" is to blame for all your ills sacrifice.
If ye have lost meantime mouth chatter in both cryptocharlatán, the fundamental difference between Bitcoin -money resistant to estatal- intervention and fiat money -money serving the estatal- intervention, while the second promotes the indebtedness irresponsible (current spending at the expense of future welfare) , the first promotes the savings (abstention from current spending to increase value in the future) .
But this dichotomy also exists within the borders of Bitcoinlandia , and will continue to exist until the implacable mechanism launched by Satoshi Nakamoto stripped of influence and ejects -or- reforme- until the last of the shortsighted.
Let's see how they have behaved exponents of these two attitudes throughout the history of Bitcoin.
Bitcoin release
♦ The shortsighted rejected the draft Satoshi Nakamoto. Why waste time paying attention to a stranger who claims to have created a decentralized digital currency and with predictable and decreasing emissions, when everyone knows that such a thing is not possible?
♦ The largoplacistas, however , Satoshi read the paper, they took the time to understand the concept, they asked questions, obtained satisfactory answers, and finally made aware that a paradigm shift was coming. They made a sacrifice (time of certainties) in the short term to become pioneers of the movement for separation of money and state, a long - term goal.
Bitcoin early
♦ Surprised because there were totally unaware of the reasons that led some people to accumulate bitcoins - and without the slightest interest in unraveling these reasons-, thousands of shortsighted with access to video cards people willing to part with their dollars in exchange for bitcoins they were involved in mining with the intention to sell immediately every bitcoin they obtained thanks to its computing power.
♦ Meanwhile, they largoplacistas undermined or bought bitcoins and piled up.
First bear markets
♦ The shortsighted sold impulsively to see that others were selling. And they rescued some value in the short term, taking refuge in currencies whose value in the long term tends to zero.
♦ Taking advantage of others impulsively sold the largoplacistas obtained bitcoins at prices that fit into one or two digits.
Collapsing MtGox
♦ The shortsighted kept much of their savings in bitcoins in which was then the most liquid exchange site (the volume in MtGox exceeded 80% of the total), hoping for quick profits by trading maneuvers. They were so focused on the short term lost sight of the risks involving putting your bitcoins in the hands of a third party.
♦ Aware that will never be issued more than 21 million bitcoins, the privileged largoplacistas conservation savings and maintained control of their private keys.
"Centralizing mining" (or any other reason transient mass hysteria)
♦ Convinced that Bitcoin is a fragile and always to be broken creature, the shortsighted sold much of its successive bitcoins induced panic attacks, all equally unfounded. It is the price paid for ignoring the reasons for the success of Bitcoin.
♦ Having understood the system of incentives that aligns the interests of all economic agents Bitcoinlandia, the largoplacistas saw each breakdown generalized an opportunity to swell their holdings of bitcoins.
Debate by the size of the blocks
♦ The explosive look shortsighted transfer of wealth has triggered Bitcoin and consider it proof enough that Bitcoin has already secured the throne of "digital gold". Why they believe it is not necessary to work for the adoption continue to expand. Conversely, they are attempting to limit scalability of the chain block, although this involves expensive transaction confirmation unpredictable periods and therefore increasingly useful. Thus risking the network effect that ensures the success of long - term Bitcoin.
♦ The largoplacistas know that working with patience and humility scalability chain blocks, so that someday Bitcoin becomes universally accepted.
Censorship
♦ The shortsighted silence anyone who challenges their certainties. Thus ease their anxiety in the short term, the price of isolation from possible arguments valid .
♦ The largoplacistas know that while debate can be uncomfortable in the short term, is the only way that the best ideas prevail in the long run.
different implementations
♦ Bitcoin Core: cortoplacista par excellence, the team seeks to extract Core Bitcoin value in the short term partnering with mega - corporations interested in squeezing the current user base -in create problems and then monetize "solutions" - though that compromise the adoption Bitcoin (and therefore value) in the future.
♦ Bitcoin Unlimited: respectful vision of Satoshi Nakamoto, Team Unlimited works stoically in preserving the qualities of Bitcoin as good coin, despite the apparatus censorship and propaganda mounted against him by some of the organizations under the system Monetary most powerful on the planet fiat. His work is thankless in the short term but in the long term need to ensure competition implementations that protects Bitcoin from central planning .
Hard forks
♦ According to the shortsighted, avoid the hard forks at all costs, because they can scare people who are not very well informed and negatively impact the price of bitcoin in the short term.
♦ According to largoplacistas, give him the welcome to the hard forks especially when contenciosos-, because they are opportunities in the market can express themselves and opt for the best version of Bitcoin, that is the most valuable in the long run.
In short, shortsighted for any strategy is valid if it promises profits in the short term, that is unsustainable in the long run. But here are illusory shortcuts, and those in them are hospitalized just lost and impoverished.
If you want the fruits of Bitcoin without the tree Satoshi left us, prepare to be buffeted by the invisible hand .
Bread for all, right now, without all those evil obstacles that capitalism is determined to be between desire and its immediate satisfaction, without bakers encouraged to produce bread, no bakeries organized and guided by the profit motive of their owners, without prices reflect the demand for bread and the relative scarcity of the resources needed to produce it. In short, without a market actually put the bread to everyone.
Bread for everyone! Already! Satisfying the short term clouds so the judgment of cortoplacista that this will not hesitate to expropriate the breads available, eat all you can in a bulimic frenzy spread that you can spare to enjoy a popularity that will last the duration of a stomach full, and prevent the full weight of the law the profitable production of bread, even if it means no more bread in the near future.
If you are a member of the dwindling class productive and still believe that socialism is more sophisticated than a group of sociopaths eating and handing out happily the fruits of your labor among the growing mass of freeloaders who support the detriment of your future and that of your children, I regret to say that you are just one of the many victims of socialist indoctrination, and as such will not see anything special about Bitcoin so your money is converted into confetti, so all your movable and immovable property to be confiscated on behalf "social justice" -. Like a good lamb , you accept your own convinced that "capitalism" is to blame for all your ills sacrifice.
If ye have lost meantime mouth chatter in both cryptocharlatán, the fundamental difference between Bitcoin -money resistant to estatal- intervention and fiat money -money serving the estatal- intervention, while the second promotes the indebtedness irresponsible (current spending at the expense of future welfare) , the first promotes the savings (abstention from current spending to increase value in the future) .
But this dichotomy also exists within the borders of Bitcoinlandia , and will continue to exist until the implacable mechanism launched by Satoshi Nakamoto stripped of influence and ejects -or- reforme- until the last of the shortsighted.
Let's see how they have behaved exponents of these two attitudes throughout the history of Bitcoin.
Bitcoin release
♦ The shortsighted rejected the draft Satoshi Nakamoto. Why waste time paying attention to a stranger who claims to have created a decentralized digital currency and with predictable and decreasing emissions, when everyone knows that such a thing is not possible?
♦ The largoplacistas, however , Satoshi read the paper, they took the time to understand the concept, they asked questions, obtained satisfactory answers, and finally made aware that a paradigm shift was coming. They made a sacrifice (time of certainties) in the short term to become pioneers of the movement for separation of money and state, a long - term goal.
Bitcoin early
♦ Surprised because there were totally unaware of the reasons that led some people to accumulate bitcoins - and without the slightest interest in unraveling these reasons-, thousands of shortsighted with access to video cards people willing to part with their dollars in exchange for bitcoins they were involved in mining with the intention to sell immediately every bitcoin they obtained thanks to its computing power.
♦ Meanwhile, they largoplacistas undermined or bought bitcoins and piled up.
First bear markets
♦ The shortsighted sold impulsively to see that others were selling. And they rescued some value in the short term, taking refuge in currencies whose value in the long term tends to zero.
♦ Taking advantage of others impulsively sold the largoplacistas obtained bitcoins at prices that fit into one or two digits.
Collapsing MtGox
♦ The shortsighted kept much of their savings in bitcoins in which was then the most liquid exchange site (the volume in MtGox exceeded 80% of the total), hoping for quick profits by trading maneuvers. They were so focused on the short term lost sight of the risks involving putting your bitcoins in the hands of a third party.
♦ Aware that will never be issued more than 21 million bitcoins, the privileged largoplacistas conservation savings and maintained control of their private keys.
"Centralizing mining" (or any other reason transient mass hysteria)
♦ Convinced that Bitcoin is a fragile and always to be broken creature, the shortsighted sold much of its successive bitcoins induced panic attacks, all equally unfounded. It is the price paid for ignoring the reasons for the success of Bitcoin.
♦ Having understood the system of incentives that aligns the interests of all economic agents Bitcoinlandia, the largoplacistas saw each breakdown generalized an opportunity to swell their holdings of bitcoins.
Debate by the size of the blocks
♦ The explosive look shortsighted transfer of wealth has triggered Bitcoin and consider it proof enough that Bitcoin has already secured the throne of "digital gold". Why they believe it is not necessary to work for the adoption continue to expand. Conversely, they are attempting to limit scalability of the chain block, although this involves expensive transaction confirmation unpredictable periods and therefore increasingly useful. Thus risking the network effect that ensures the success of long - term Bitcoin.
♦ The largoplacistas know that working with patience and humility scalability chain blocks, so that someday Bitcoin becomes universally accepted.
Censorship
♦ The shortsighted silence anyone who challenges their certainties. Thus ease their anxiety in the short term, the price of isolation from possible arguments valid .
♦ The largoplacistas know that while debate can be uncomfortable in the short term, is the only way that the best ideas prevail in the long run.
different implementations
♦ Bitcoin Core: cortoplacista par excellence, the team seeks to extract Core Bitcoin value in the short term partnering with mega - corporations interested in squeezing the current user base -in create problems and then monetize "solutions" - though that compromise the adoption Bitcoin (and therefore value) in the future.
♦ Bitcoin Unlimited: respectful vision of Satoshi Nakamoto, Team Unlimited works stoically in preserving the qualities of Bitcoin as good coin, despite the apparatus censorship and propaganda mounted against him by some of the organizations under the system Monetary most powerful on the planet fiat. His work is thankless in the short term but in the long term need to ensure competition implementations that protects Bitcoin from central planning .
Hard forks
♦ According to the shortsighted, avoid the hard forks at all costs, because they can scare people who are not very well informed and negatively impact the price of bitcoin in the short term.
♦ According to largoplacistas, give him the welcome to the hard forks especially when contenciosos-, because they are opportunities in the market can express themselves and opt for the best version of Bitcoin, that is the most valuable in the long run.
In short, shortsighted for any strategy is valid if it promises profits in the short term, that is unsustainable in the long run. But here are illusory shortcuts, and those in them are hospitalized just lost and impoverished.
If you want the fruits of Bitcoin without the tree Satoshi left us, prepare to be buffeted by the invisible hand .