Op-Ed: An Open Letter to Yanis Varoufakis About Bitcoin ...

Funny Twitter Convo: Fmr. Greek Finance Minister Varoufakis vs. Bitcoin

Apparently, in 2012 Yanis Varoufakis (who was the Greek Finance Minister until he quit after the recent referendum farce) responded to one of my tweets regarding Bitcoin. I only noticed this because of Michele Berionni's tweet today.
The Tweets: Erik Voorhees ‏@ErikVoorhees 1 Oct 2012 @yanisvaroufakis @HostFat It is regulated, only by mathematics instead of politicians.
Yanis Varoufakis ‏@yanisvaroufakis 1 Oct 2012 @ErikVoorhees @hostfat If only that we're possible. Stores of value and means of exchange can only be regulated by human agency.
Yanis Varoufakis ‏@yanisvaroufakis 2 Oct 2012 @HostFat @Derek701 @ErikVoorhees Mathematics cannot protect one's holdings of bitcoins - as bitter experience has proven.
Michele Berionni ‏@elianto76 3m3 minutes ago [email protected] @HostFat @ErikVoorhees so far it has protected my holdings much better that many politicians have proven to be able to do
The price of Bitcoin was about $12.50 when Varoufakis made his comment.
Bitcoin has since appreciated 20x. Greek debt and misery has soared in similar fashion...

Scoreboard

Source: https://twitter.com/elianto76/status/621754049499656192
submitted by evoorhees to Bitcoin [link] [comments]

Is it possible to implement a country wide, blockchain based, "IOU" type currency without state involvement?

When Yanis Varoufakis was the FinMin of Greece, he considered an emergency currency running parallel to the euro for "home consumption" as a solution to the lack of cash liquidity in the domestic market (I may be paraphrasing).
My question is, what's stopping us from implementing a system similar to this on a private level? Is it just the marketing aspect of it (i.e. it won't be known to a lot of people to make a difference) or is barter economy illegal according to EU law?
Since it's not a real currency, can it be considered tax evasion if you accept payment for services in said IOU's?
Would it be similar to bitcoin? If so, in what ways should/would it be any different from bitcoin?
Additional reading:
The Koinoniko Nomisma (Social Currency), a Thessaloniki-based service and goods exchange network. I didn't base the thread on it because it seems a bit too centralized at the moment in my opinion and there's only Google translation available for English.
http://koino.com.gfaq
submitted by VLXS to DiEM25 [link] [comments]

12-27 09:32 - 'Basic Income Bitcoin™️ Network' (self.Bitcoin) by /u/VictorMichelle removed from /r/Bitcoin within 6-16min

'''
Bitcoin™ ️ | Bitcoin Time Mining Due to mining complexity growth, B.TM becomes time miners spent to find the next block and receive the award by Bitcoin™ iOS & Android Mining Programm (CellPhoneMiners)
Manifesto “All Human Beings Are Born Free And Equal In Dignity And Rights". United Nations | Universal Declaration of Human Rights 10 December 1948, Resolution 217, Palais de Chaillot, Paris, France.
Problem Basic Income Bitcoin™️ Network In order Basic Income Bitcoin™️ Network to become the mainstream used in global transactions, ubiquitous and efficient, it will require a critical mass of users. At the same time, millions of people around the world do not participate in the financial system because of restricting access by starting capital. With Basic Income Bitcoin™️ Network activation, 2 interlocking sets of problems will be resolved: - growing inequality in access by those at the bottom to the most basic goods and services; - growing disillusion with public programs designed to address these problems. Mark Zuckerberg argues that automation and robotisation also will take a lot of jobs in the years to come, and that basic income in USA is especially needed because of that. Nathan Schneider, Vice magazine journalist, has also highlighted the fact that several in the "tech elite" nowadays are quite pro-basic income. The need for a universal basic income is becoming more apparent as the world makes strides in technological advancement. The impending damage that will be dealt with the economy will be far reaching and affect many people. With a rising unemployment rate, poverty stricken communities will become more impoverished and cause a decline in livelihood worldwide.
Solution Bitcoin™️ | Personal Finance Exchange System Victor Michelle estimates that Satoshi Nakamoto support a Basic Income Bitcoin™️ Network large enough & financial source to paying the basic income may come from Bitcoin™️ Miners & Bitcoin™️ Transaction Fees. Basic Income Bitcoin™️ Network is a form of social security in which all users receive a regular, unconditional sum of Bitcoin™️ (B.TM), independent of any other income. Basic income which is financed by the Bitcoin™️ CellPhoneMiners all over the World (social dividend, also known as users dividend) are major components in many proposed models of market socialism. Basic income schemes have also been promoted within the context of capitalist systems, where they would be financed through various forms of taxation. Prominent advocates of the basic income concept include Elon Musk, Mark Zuckerberg, André Gorz, Ailsa McKay, Guy Standing, Karl Widerquist, Hillel Steiner, Peter Vallentyne and Philippe Van Parijs. Bitcoin™️ Community aim at using goods and services within the Personal Finance Exchange System and countering inequality by giving everyone the chance to get involved in financial system. Personal Finance Exchange System based on Blockchain & allows Bitcoin™️ Community to buy and sell goods and services. It is international in scope since it uses Bitcoin™️ based on growing cryptocurrency users, so, in 2020 the system may handle much of international world private commercial activity and uses Personal Finance Exchange System to serve as an international exchange system and as a Marketplace. We suggest Blockchain is a means of empowerment for all people. An advantage cited is that a destitute person can begin trading, since it does not require such a person to first have an acceptable credit history or credit score. Regardless of a person's financial situation, each person's new contributions have exchangeable value based on the worthiness of their contribution. We claime that the Bitcoin™️ (B.TM) comes into existence only when a trade happens and, as a result, there is no risk of inflation or deflation since the system is transparent for all Bitcoin™️ users.
Social Significance We Bring People in Blockchain The key concept of the Blockchain economy is that human capital can be treated as business product, as educational and innovative intellectual products and services can be exported for a high value return. The key component of a Blockchain economy is a greater reliance on intellectual capabilities than on physical inputs or natural resources. It is personal asset based approach, which focuses on the contributions towards their communities that everyone can make. The Bitcoin™️ economy effect using appropriate technology and methods, virtual marketplaces and virtual organizations that offer benefits of speed, agility, round the clock operation and global reach can be created. These characteristics require new ideas and approaches by Blockchain users. Digital economy has manifold forms in which it may appear and extend radically, creating a pattern in which even private/personal currency will be recognized and identified as a commodity. Personal Finance Exchange System based on Basic Income Bitcoin™️ Network could rebuild the infrastructure of trust and caring that can strength communities and would enable individuals and communities to become more self-sufficient, to insulate themselves from the vagaries of politics and to tap the capacity of individuals.
Commercial Significance Invest in Human Development Basic Income Bitcoin™️ Network allows for economic growth. People may decide to invest in themselves to earn higher degrees and get interesting and well-paid jobs that, in turn, could trigger growth: Digital private assets; Cryptocurrency market capitalization; Crypto liquidity; International crypto cooperation; Freedom of investments & Individual’s free access to the capital market;
Technical Bitcoin™️ Payments The technology requirements for the Personal Finance Exchange System must be able to disseminate a unified process by which a working method may converge scientific and technology solutions, and organizational solutions. Bitcoin™️ is tax-exempt and uses as a means in Personal Finance Exchange System. Bitcoin™️ Community encouraging exchange service, resist inflation, avoid hoarding, enable trade, and encourage cooperation among Stock Exchanges. Personal Finance Exchange System generates tangible and intangible values. The global economy is in transition to a Blockchain economy, as an extension of an information society led by innovations. The transition requires that the rules and practices that determined success in the industrial economy need rewriting in an interconnected, globalized economy where Bitcoin™️ Community's resources such as trade secrets and expertise are as critical as other economic resources.
Conclusion Global Social Economic System Blockchain economy is also seen as the latest stage of development in global economic restructuring. Thus far, the developed world has transitioned from an agricultural economy to industrial economy, post-industrial/mass production economy to digital economy (largely the technology/human capital sector). That is why we believe that the next evolutionary step is the Personal Finance Exchange System, based on Basic Income Bitcoin™️ Network, where the Bitcoin™️ (B.TM) is now being shared among and across various networks for the benefit of all network members, to gain economic of scale in a wider, more open scale the gradual evolution of network economy would create a well interconnected economic order. Bitcoin™️ Community becomes much easier to access results of networked data-bases which promote online interaction between users and producers. Personal Finance Exchange System and connectivity developments such as the Internet bring the global village ever nearer. As a result, goods and services can be developed, bought, sold, and in many cases even delivered over electronic networks. It can be argued that the digital economy differs from the traditional economy in several key respects: the economics are not of scarcity, but rather of abundance. Unlike most resources that are depleted when used, Blockchain economy can be amplified, where Bitcoin™️ (B.TM) actually grow through iOS & Android Applications.
Basic Income Prominent Advocates: Eurasia: Philippe Van Parijs, Ailsa McKay, André Gorz, Antonio Negri, Osmo Soininvaara, Guy Standing, Susanne Wiest, Dieter Althaus, Yanis Varoufakis, Tim Berners-Lee, Christopher Pissarides, Angus Deaton, Björn Wahlroos, Tim Höttges, Götz Werner, Jonathan Reynolds, Varun Gandhi, Arvind Subramanian. America: Mark Zuckerberg, Elon Musk, Tim Draper, Robert Reich, Pierre Omidyar, Erik Olin Wright, Carole Pateman, Sam Altman, Chris Hughes, Dan Savage, Charles Murray, Bill Gross, Robin Chase, Peter Barnes, Andy Stern, Ryan Holmes, Paul Vallée, Guy Caron, Naheed Nenshi, Don Iveson, Keith Ellison. World: Eduardo Suplicy, Archbishop Desmond Tutu, Gareth Morgan, Andrew Little.
'''
Basic Income Bitcoin™️ Network
Go1dfish undelete link
unreddit undelete link
Author: VictorMichelle
submitted by removalbot to removalbot [link] [comments]

[uncensored-r/Bitcoin] Basic Income Bitcoin™? Network

The following post by VictorMichelle is being replicated because the post has been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7me0nh
The original post's content was as follows:
Bitcoin™ ? | Bitcoin Time Mining Due to mining complexity growth, B.TM becomes time miners spent to find the next block and receive the award by Bitcoin™ iOS & Android Mining Programm (CellPhoneMiners)
Manifesto “All Human Beings Are Born Free And Equal In Dignity And Rights". United Nations | Universal Declaration of Human Rights 10 December 1948, Resolution 217, Palais de Chaillot, Paris, France.
Problem Basic Income Bitcoin™? Network In order Basic Income Bitcoin™? Network to become the mainstream used in global transactions, ubiquitous and efficient, it will require a critical mass of users. At the same time, millions of people around the world do not participate in the financial system because of restricting access by starting capital. With Basic Income Bitcoin™? Network activation, 2 interlocking sets of problems will be resolved: - growing inequality in access by those at the bottom to the most basic goods and services; - growing disillusion with public programs designed to address these problems. Mark Zuckerberg argues that automation and robotisation also will take a lot of jobs in the years to come, and that basic income in USA is especially needed because of that. Nathan Schneider, Vice magazine journalist, has also highlighted the fact that several in the "tech elite" nowadays are quite pro-basic income. The need for a universal basic income is becoming more apparent as the world makes strides in technological advancement. The impending damage that will be dealt with the economy will be far reaching and affect many people. With a rising unemployment rate, poverty stricken communities will become more impoverished and cause a decline in livelihood worldwide.
Solution Bitcoin™? | Personal Finance Exchange System Victor Michelle estimates that Satoshi Nakamoto support a Basic Income Bitcoin™? Network large enough & financial source to paying the basic income may come from Bitcoin™? Miners & Bitcoin™? Transaction Fees. Basic Income Bitcoin™? Network is a form of social security in which all users receive a regular, unconditional sum of Bitcoin™? (B.TM), independent of any other income. Basic income which is financed by the Bitcoin™? CellPhoneMiners all over the World (social dividend, also known as users dividend) are major components in many proposed models of market socialism. Basic income schemes have also been promoted within the context of capitalist systems, where they would be financed through various forms of taxation. Prominent advocates of the basic income concept include Elon Musk, Mark Zuckerberg, André Gorz, Ailsa McKay, Guy Standing, Karl Widerquist, Hillel Steiner, Peter Vallentyne and Philippe Van Parijs. Bitcoin™? Community aim at using goods and services within the Personal Finance Exchange System and countering inequality by giving everyone the chance to get involved in financial system. Personal Finance Exchange System based on Blockchain & allows Bitcoin™? Community to buy and sell goods and services. It is international in scope since it uses Bitcoin™? based on growing cryptocurrency users, so, in 2020 the system may handle much of international world private commercial activity and uses Personal Finance Exchange System to serve as an international exchange system and as a Marketplace. We suggest Blockchain is a means of empowerment for all people. An advantage cited is that a destitute person can begin trading, since it does not require such a person to first have an acceptable credit history or credit score. Regardless of a person's financial situation, each person's new contributions have exchangeable value based on the worthiness of their contribution. We claime that the Bitcoin™? (B.TM) comes into existence only when a trade happens and, as a result, there is no risk of inflation or deflation since the system is transparent for all Bitcoin™? users.
Social Significance We Bring People in Blockchain The key concept of the Blockchain economy is that human capital can be treated as business product, as educational and innovative intellectual products and services can be exported for a high value return. The key component of a Blockchain economy is a greater reliance on intellectual capabilities than on physical inputs or natural resources. It is personal asset based approach, which focuses on the contributions towards their communities that everyone can make. The Bitcoin™? economy effect using appropriate technology and methods, virtual marketplaces and virtual organizations that offer benefits of speed, agility, round the clock operation and global reach can be created. These characteristics require new ideas and approaches by Blockchain users. Digital economy has manifold forms in which it may appear and extend radically, creating a pattern in which even private/personal currency will be recognized and identified as a commodity. Personal Finance Exchange System based on Basic Income Bitcoin™? Network could rebuild the infrastructure of trust and caring that can strength communities and would enable individuals and communities to become more self-sufficient, to insulate themselves from the vagaries of politics and to tap the capacity of individuals.
Commercial Significance Invest in Human Development Basic Income Bitcoin™? Network allows for economic growth. People may decide to invest in themselves to earn higher degrees and get interesting and well-paid jobs that, in turn, could trigger growth: Digital private assets; Cryptocurrency market capitalization; Crypto liquidity; International crypto cooperation; Freedom of investments & Individual’s free access to the capital market;
Technical Bitcoin™? Payments The technology requirements for the Personal Finance Exchange System must be able to disseminate a unified process by which a working method may converge scientific and technology solutions, and organizational solutions. Bitcoin™? is tax-exempt and uses as a means in Personal Finance Exchange System. Bitcoin™? Community encouraging exchange service, resist inflation, avoid hoarding, enable trade, and encourage cooperation among Stock Exchanges. Personal Finance Exchange System generates tangible and intangible values. The global economy is in transition to a Blockchain economy, as an extension of an information society led by innovations. The transition requires that the rules and practices that determined success in the industrial economy need rewriting in an interconnected, globalized economy where Bitcoin™? Community's resources such as trade secrets and expertise are as critical as other economic resources.
Conclusion Global Social Economic System Blockchain economy is also seen as the latest stage of development in global economic restructuring. Thus far, the developed world has transitioned from an agricultural economy to industrial economy, post-industrial/mass production economy to digital economy (largely the technology/human capital sector). That is why we believe that the next evolutionary step is the Personal Finance Exchange System, based on Basic Income Bitcoin™? Network, where the Bitcoin™? (B.TM) is now being shared among and across various networks for the benefit of all network members, to gain economic of scale in a wider, more open scale the gradual evolution of network economy would create a well interconnected economic order. Bitcoin™? Community becomes much easier to access results of networked data-bases which promote online interaction between users and producers. Personal Finance Exchange System and connectivity developments such as the Internet bring the global village ever nearer. As a result, goods and services can be developed, bought, sold, and in many cases even delivered over electronic networks. It can be argued that the digital economy differs from the traditional economy in several key respects: the economics are not of scarcity, but rather of abundance. Unlike most resources that are depleted when used, Blockchain economy can be amplified, where Bitcoin™? (B.TM) actually grow through iOS & Android Applications.
Basic Income Prominent Advocates: Eurasia: Philippe Van Parijs, Ailsa McKay, André Gorz, Antonio Negri, Osmo Soininvaara, Guy Standing, Susanne Wiest, Dieter Althaus, Yanis Varoufakis, Tim Berners-Lee, Christopher Pissarides, Angus Deaton, Björn Wahlroos, Tim Höttges, Götz Werner, Jonathan Reynolds, Varun Gandhi, Arvind Subramanian. America: Mark Zuckerberg, Elon Musk, Tim Draper, Robert Reich, Pierre Omidyar, Erik Olin Wright, Carole Pateman, Sam Altman, Chris Hughes, Dan Savage, Charles Murray, Bill Gross, Robin Chase, Peter Barnes, Andy Stern, Ryan Holmes, Paul Vallée, Guy Caron, Naheed Nenshi, Don Iveson, Keith Ellison. World: Eduardo Suplicy, Archbishop Desmond Tutu, Gareth Morgan, Andrew Little.
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

Eurozone shock: Yanis Varoufakis reveals bombshell pound to euro exchange rate 'paradox'- UK News... Yannis Varoufakis on Bitcoin and Political Money  The New School Cryptocurrencies: The way of the future? Yanis Varoufakis on China - YouTube Greek finance minister Yanis Varoufakis is the star of a new film about Bitcoin

Yanis Varoufakis was Greece’s finance minister during the Greek economic crisis. In 2012, he explored utilizing a blockchain-based system to help manage some of the crisis. Varoufakis has spoken critically about bitcoin publicly on many occasions, he understands the power of bitcoin but feels its economics is dangerous. Yanis Varoufakis was Greece's finance minister during the Greek economic crisis. In 2012, he explored utilizing a blockchain-based system to help manage some of the crisis. Varoufakis has spoken Yanis Varoufakis was Greece’s finance minister during the Greek economic crisis. In 2012, he explored utilizing a blockchain-based system to help manage some of the crisis. Varoufakis has spoken critically about bitcoin publicly on many occasions, he understands the power of bitcoin but feels its economics is dangerous. During a Twitter thread on Bitcoiners engaging […] Doha Debates with Yanis Varoufakis, Leymah Gbowee & Ece Temelkuran Why Bitcoin is not a socialist’s ally – Reply to Ben Arc Debate Digital Economies/Money English Politics and Economics Postcapitalism webmaster YanisVaroufakis 22287 Views 0 comment 27/07/2020. On 15th July, Ben Arc published in Bitcoin Magazine an open letter addressed to me in a bid to convince me that I should re-assess ... Greece’s former finance minister Yanis Varoufakis knows a thing or two about financial crises. In 2015, when he was in charge, the country was in such financial straits that it was unable to pay €1.6 billion to the International Monetary Fund. Now he is using that expertise to discuss whether Bitcoin could succeed as a replacement for fiat money. In an open letter published Monday, he ...

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Eurozone shock: Yanis Varoufakis reveals bombshell pound to euro exchange rate 'paradox'- UK News...

Eurozone shock: Yanis Varoufakis reveals bombshell pound to euro exchange rate 'paradox'- UK News Today #uk #uknews #newstoday #bbcuk This month, the pound remained weak against the majority of ... The former Greek Minister of Finance, Yanis Varoufakis, in an event about Brexit, explains why we should abolish borders and allow anyone into our countries. Because we are all Africans ... Now there's another online currency, Litecoin, which was created by former Google employee and MIT student Charles Lee to correct some of Bitcoin's flaws. RT's Meghan Lopez asks Yanis Varoufakis ... Yanis Varoufakis, economist, academic and former Greek Minister of Finance, in conversation with Will Milberg, dean of The New School for Social Research, discussing Bitcoin and the concept of ... Show notes: https://letstalkbitcoin.com/blog/post/bitcoins-and-gravy-ep-59-yanis-varoufakis

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