65 Replies to “Interesting Idea”

    1. JD – You have it completely backwards. Unlike governments, you can trust the data in a blockchain. A blockchain is a distributed ledger, similar to a database, but rather than being controlled by a central authority (i.e., a firm like Google, or a government) the ledger is dispersed across multiple computers, which can be located all over the world and run by anyone with an Internet connection. At its core, a blockchain is a ledger through which data is added and updated in real-time via consensus of the different nodes running the software in the network. However, once the data is added to the ledger, it cannot be removed or edited like with a database.

      You will know this is a good idea when Trudeau declares this “right wing” idea is racist and homophobic.

  3. We also have hundreds of thousands of job openings…
    If your qualified.
    Think about it.
    What qualifications are you missing is in just about every Canadian job.
    Training? Police checks? Safety? First Aid? Licenses? Certifications?
    Proper equipment for the job? Expired equipment?

    People tend to get suicided as well when they stray too far from the economic stables we are allowed to pasture in.

      1. “Blockchain” is the “monetary system” and “Bitcoin” is one of the currencies then, okay, I get that.

    2. My limited understanding is that blockchain is a group, or a collection… a “block”, if you will… of bitcoin. It is digital currency in database nodes.

      Of course, that is an EXTREMELY SIMPLISTIC explanation. I’m still trying to figure out the details, but blockchain, like bitcoin, could work, as long as IT REMAINS DECENTRALIZED. As soon as government gets its hand on the levers, you may as well go full-on CBDC (Central Bank Digital Currency).

      1. It sounds wide open to someone’s manipulation, I trust Bezos even less than government.

  5. Freedom, Pierre.
    What are your thoughts on freedom?

    Randy Hillier and Kelly Leich would like to know.

    2. Tamara wouldn’t mind knowing also. God bless her!
      Then there’s Pat King, who, last I heard, was still being held without bail. I could use an update, though.

  6. Let people take back control of their money from bankers & politicians.

    _______________________________________________

    In today’s political climate, does anyone besides me see an obstacle to this effort? Psssst….the politicians, bankers, and let’s not forget the corporations control it all. They control the law and the execution of the law. They control your costs and obligations. They are this close to controlling what you can even say about what they control.

    Short version. For the application of blockchain, you must rely on the banks, politicians and corporations doing nothing and letting it happen. Uh huh.

  7. No, it’s a really stupid idea. While we most definitely need the separation of Money and State in the same way we have the separation of Church and State, i.e., we need a medium of exchange that governments can’t fuck around with, blockchain ain’t it. And, btw, there seems to be an awful lot of politicians around these days who are all gung ho on an eCurrency to replace their increasingly worthless fiat currencies, so I just want to remind everyone that THEY ARE NOT YOUR FRIENDS!. For example:
    https://www.coindesk.com/policy/2022/03/28/us-lawmakers-introduce-ecash-bill-in-new-push-to-create-a-digital-dollar/
    https://www.armstrongeconomics.com/world-news/taxes/ecash-bidens-attack-on-the-financial-markets/
    And for some real info on Central Bank Digital Currency, try this:
    https://www.cobdencentre.org/2022/02/why-dollar-cbdcs-may-never-happen-2/

  8. The only way we are going to slow down and hopefully halt Trudeau’s incoming CCP Social Credit Score is to use cash as much as possible. By using cash they cannot track our movements, buying habits or purchases.
    The alternative is “you will own nothing and be happy”.

    1. The gov’t can devalue cash to the point that its basically toilet paper, in fact, they’re well on their way to doing just that. They can’t do that to blockchain-based currency, or precious metals based currency.

  10. Blockchain transactions aren’t that cheap, and are utterly dependent on comm. infrastructure, although Elon is making that considerably more robust.
    What’s wrong with precious metals?
    gPt, gAu, gSi, gCu, gPb, gFe, etc as monetary units?

    2. HBAR Hederra hashgraph. Transactions are/will be about a tenth of a cent.
      And it is truly ABFT.

  11. Considering the political climate these days, that’s downright subversive.
    I love it!

  12. Blockchain is simply a distributed register. It is by no means anonymous, or private. It would be a likely component of any digital currency, and would not prevent the surveillance of personal spending, nor protect users from having access to their wealth removed by judicial or governmental action.

    This is not a good idea.

    1. Untrue. provide the user adheres to a minimal OpSec, blockhain transactions are perfectly anonymous.

        1. Sure it does.
          You can get wallet IDs at best out of the blockchain.
          Now, if you’re talking about packet-sniffing, wiretapping, etc, that’s a whole different ball game, but encryption can solve those, as well.
          Finding out that wallet ID JYJFyfuyF^&&*jkjkbjfdYKT78648tuiygJJMVJYR47858976Y987gyjgupy.. sent 0.0125 BTC to wallet ID ghfhdfTYGhjhjvhj^&%^%%6u7dthgggdghdy&^(797785ufjkhftyht455dddhlhpO:U890709698t… doesn’t tell you anything at all about who owns said IDs.
          Like I said, a minimal OpSec, and you’re good.

  13. BTW, I was chatting with some acquaintances in the GWN (Great White North) the other day, and jokingly mentioned that I was thinking of starting a bit of a cash hoard, in case Zoolander decided to seize my bank account due to my Wrongthink. They all looked at me as if I was an idiot and then they all piped up: “Dude, I always keep 5k in cash on hand,” “Four k”, “Uh Huh, six.” Apparently, I am way late to this party. As one fellow mentioned, it’s not just the risk of the government grabbing your cash. It’s also about how you won’t be able to pay for groceries or use the ATM when the Green Power-induced rolling brownouts hit. Given that these gentlemen routinely conduct most of their lives in a cash and barter-based (the main industries in the GWN these days being Pogey and Welfare) ecosystem, their eschewal of the click and pay ethos and warnings about the cashless society resonated with me.

    1. That cash hoard won’t do them any good if the gov’t keeps printing money and shutting down producers like they are now.

    2. Don’t like liberals especially opinionated smart ass ones but then again that’s the nature of the swine.You fucks are so easy to pick out condescending,socialist attitude.

  14. Does Poilievre really think Bay Street will let us back control of our money?

    They’d sooner have a nuclear war.

  15. Blockchain processing requires phenomenal amounts of electricity and generates phenomenal amounts of heat. Unless he also plans to embark on a massive, Manhattan-project-level crash nuclear power plant building program, this is meaningless gibberish.

    1. That’s so 2021 … the tech is evolving way past that and at this rate will be much less energy intensive than the banking system.

  16. Blockchain miners require MASSIVE power.Where in Canada do we have excess power sitting unsubscribed? Certainly not here in Alberta where a cold night in January pretty much red lines grid capacity. New sources of secure power generation will have to be established.
    So yeah there will be construction jobs but once the miner is up and running all they need is a geek squad.
    I’m calling you on this one Pierre.

    2. It’s not like Alberta is short on energy AB.

      CO2 is not pollution and we should be burning shitloads of it, if we mine bitcoin too, all the better.

    3. Both Quebec and Newfoundland with Muskrat Falls have excess hydro power that could accommodate Bitcoin production. It’s a good idea – you’re called.:)

      1. Energy can be generated in many number of ways. So let’s say that is not the problem.

        A blockchain minor located on a coupla acres in a town of 5000 will use more power than that of the entire town.

        And no PP there will not be thousands of jobs. In fact there will be surpingly few.

    1. Wrong, wrong, wrong really wrong. Some blockchain is traceable, but most of it is not. If you can trace blockchain, then there is nothing digital that can’t be traced… nothing. Unless you voluntarily give up your complex passcodes or if you own crypto in Canadian gov approved wallets and exchanges, like Wealth Simple, there is no tracing your crypto or even accessing your contracts and NFTs etc . The Canadian government couldn’t get it’s hands on the Trucker convoy crypto cash without forcing the holder of many of the codes to cough them up to be held in trust … and most of the crypto is still out of their reach because it was dispersed among the truckers and all the smart ones changed to their own unique passcodes or moved it to new wallets. BJ Dichter, for example, voluntarily gave up his codes …. but only what he admits to having. The other attraction is that it would take a massive international effort to shut down blockchain because it is decentralized all over the planet. World governments would have to employ massive unheard of coordination to shut it down. That’s why governments have such a love hate relationship with blockchain …. the technology is the new internet, so they know they can’t destroy it … but, they want to be able to tax your profits, hence the move for regulation, at least to the point that they know what you put in, and what you pull out. Blockchain and Defi are also going far beyond crypto and offering the individual the chance to transact without a heap of middlemen …. it’s genius.

      Poilievre knows that it’s the new internet and simply wants Canada to have a stake in it. Canada is already a pioneer and leader, having some of the top firms involved and leading the world in regulation so that big money can invest. For now the technology is expensive to run and can be slow (relatively speaking) but that too is evolving so fast it’s hard to keep track of. So …. I guess you always have the choice of stuffing your pillow with cash and only working for and using cash …. if you don’t want to be traced …. or, you can speak in code with whomever, so they don’t know what you are saying. Oh … but I forgot …. “they” have been tracing large cash transactions since the 1930s …. and now with DNA tech ….

  20. I distrust all political science graduates.
    Almost as if they are “Political Scientists”.
    Or wanna be high priests of the ruling religion.

    Fiat Money is crashing and about to burn.
    For now we still use it to measure each others trade goods and services..
    When the parasites achieve success these tokens will have no one trusting in their value as units of exchange.

    Then we who have things to trade,will come to an agreement on a new unit of exchange,one that retains consumer trust over a useful period of time..
    All hail Emperor Norton.
    Who issued his own money.

    Now those with nothing of value,which is in the eye of the trader,to barter with..
    What will they do?
    Besides go straight to Banditry.?
    And currency that depends on electricity..that just begs for chaos.
    For electricity is a tool of civilization,one that requires certain prerequisites for its existence and transmission..
    Believing that such infrastructure will continue to function through a social collapse is wishful thinking.
    If people depend on a service,then others will hold them to ransom..surprise surprise.

    “Mommy,what did people use to read at night with,before candles”?
    “Well dear,once upon a time they had lightbulbs,that glowed white and clear using a thing called electricity”
    Now go to bed or Gang Green is gonna get you.

  21. Does changing the government matter anymore? Or are so-called democratic elections a side show to distract us from realizing that real power is distributed from a higher level? That is, the level where the WEF and their private sector beneficiaries reside? I don’t know, I’m just asking questions at this point. I’m with you Pierre, but I also wonder if it’s all smoke and mirrors.

  22. Couldn’t someone set up a natural gas-powered electrical generator onsite at a natural gas well and get a profitable bitcoin mining operation humming away?

    1. Yep. Several oil & gas companies have been doing it for a couple years at least that I know of. Put a nat gas genset in an old sea can with some crypto miner computers running at full bore and you’re off to the races. There’s a couple north of Morinville at an old compressor site.

      https://coinlivetracker.com/oil-rich-canadian-province-alberta-aims-to-become-a-north-american-crypto-hub/8501/

      https://crusaderjv.com/1-mw-1000-kw-natural-gas-new-power-turnkey-solution/

      Bitcoin is like a tech version of Amway. (Say that if you want to get an argument going). Hahaha (same for fiat I’m sure)

  25. My fear: IF Pierre Pollievre = Lucy THEN taxpayers = Charlie Brown. (?)

    I feel like this is a movie I’ve seen before, and I’m pretty sure how it’s going to end; but not 100% sure.

  26. Whatever.

    People compromised and picked the “fiscal conservative”.

    Now we have nothing like that.

    It’s time to let the Tories know that one is done with them.

  27. Societal knowledge of Bitcoin is staggering low. Probably because societal intelligence has mostly blown up on the launch pad.

    Buy Bitcoin now folks. Thank me later.

    ** The above is not investment advice. Be sure to talk to your fiat controlling invest advisor, and adhere to the ol’ way of doing things, much like the wagon wheel makers of the early 1900’s. **

    PS YouTube now has a lot of pretty good vid’s where a few dozen hours spent LEARNING will open your minds.

    GLTA

  28. Not with a ten foot pole.

    And not with PP and the so-called “Conservatives”.

    Real change : Max Bernier and the PPC.

  29. I don’t know much about blockchain but I do know this: any digital currency is as secure and anonymous as governments allow it to be. As we rocket into world government, the security and anonymity disappear. Cash is king. When we give that up we slide directly into authoritarianism

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