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bamhand
Apr 15, 2010
Immigrants generally tend to be pretty conservative but conservatives tend to be enormous racists. If they could put their racism aside they'd easily capture the majority of the immigrant vote.

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Baronjutter
Dec 31, 2007

"Tiny Trains"

Yeah the conservatives micro-targeted chinese neighbourhoods and bombarded them with chinese language political fliers about how only they can stop their kids from getting forced into graphic sex-ed, pro-gay propaganda, and exposed to the dangerous trans-agenda. They went quite a bit more overboard on their immigrant targeting than in their english advertising thinking since it's not in english the rest of the country wouldn't really pick up on it.

They also went a lot stronger on "the Liberals and NDP will force your straight A student to smoke pot and do hard drugs" angle too.

Deceitful Penguin
Feb 16, 2011

Coolguye posted:

c is still a lot closer than anyone would like to admit inside china. there's a reason that, of all the countries on the planet, only china has taken serious action to restrict and limit the flow and usage of cryptocurrencies. some places like korea might talk a big game, but fundamentally they take no action any stricter than the Americans or the Europeans who just want to call something that looks like a security and quacks like a security a security. nobody is scared of it. as long as that's done, people don't give a poo poo. but bitcoin scares the CCP so badly that they keep trying to push it out of the country completely. why's that?

could it in fact be because the chinese economy is largely one massive lie and exposing it to something other than the CCP's monopoly money could expose that?

no, of course not. then why?

no why.
You're a surprisingly good poster here but holy poo poo if you think that there's more to it than "we don't want people to use ponzi schemes/Child porn currencies to get money out of the country"

Fojar38
Sep 2, 2011


Sorry I meant to say I hope that the police use maximum force and kill or maim a bunch of innocent people, thus paving a way for a proletarian uprising and socialist utopia


also here's a stupid take
---------------------------->
Emphasis on "getting money out of the country" because the Chinese economy is itself a giant ponzi scheme and lol if you don't think 80% of the upper party ranks have multi-gigabyte child porn folders

mojo1701a
Oct 9, 2008

Oh, yeah. Loud and clear. Emphasis on LOUD!
~ David Lee Roth

Baronjutter posted:

Yeah the conservatives micro-targeted chinese neighbourhoods and bombarded them with chinese language political fliers about how only they can stop their kids from getting forced into graphic sex-ed, pro-gay propaganda, and exposed to the dangerous trans-agenda. They went quite a bit more overboard on their immigrant targeting than in their english advertising thinking since it's not in english the rest of the country wouldn't really pick up on it.

They also went a lot stronger on "the Liberals and NDP will force your straight A student to smoke pot and do hard drugs" angle too.

Pretty much. Pot legalization is overwhelmingly positive with pretty much every subset of the Canadian population except for recent immigrants, IIRC.

Also it was hilarious to see racist social cons march in lockstep in front of Queen's Park with religious minorities (mostly Muslims) when the Ontario government introduced an LGBT-friendly changes to school curriculums.

bamhand posted:

Immigrants generally tend to be pretty conservative but conservatives tend to be enormous racists. If they could put their racism aside they'd easily capture the majority of the immigrant vote.

Didn't the Republican party have a majority of the Arab vote until 9/11 or something?

bamhand
Apr 15, 2010
I mean Trump had 1/3 of the Hispanic vote.

TRUMP. ONE IN THREE.

Now imagine if the GOP didn't actively hate brown people. They'd win every election by a landslide.

Bip Roberts
Mar 29, 2005

bamhand posted:

I mean Trump had 1/3 of the Hispanic vote.

TRUMP. ONE IN THREE.

Now imagine if the GOP didn't actively hate brown people. They'd win every election by a landslide.

It doesn't work that way though. The racism guarantees them votes from whites who are badly hosed over by their economic policy.

bamhand
Apr 15, 2010
Yeah what I meant was if everyone who considered themselves a Republican (including the electorate) got over their racism they'd be able to win all the elections.

Outrail
Jan 4, 2009

www.sapphicrobotica.com
:roboluv: :love: :roboluv:

bamhand posted:

Yeah what I meant was if everyone who considered themselves a Republican (including the electorate) got over their racism they'd be able to win all the elections.

If a party did not promote unpopular things and only promoted popular things they would win elections.

Outstanding.

fins
May 31, 2011

Floss Finder
http://www.bbc.co.uk/news/blogs-news-from-elsewhere-43198994

quote:

The footage shows a boy urinating over the buttons that take passengers to different floors. His actions caused the lift to short circuit, and then he appears visibly distressed as the lights go on and off, and the doors open and close.

Official newspaper People's Daily says that the unnamed boy was subsequently rescued.

quote:

However, Beijing News says that the boy's father disputes the video's authenticity. "He [the father] says that his son cannot yet urinate that high, he doesn't believe it, and his son won't admit it, says he didn't do it," a reporter tells the paper.

bamhand
Apr 15, 2010

Outrail posted:

If a party did not promote unpopular things and only promoted popular things they would win elections.

Outstanding.

If a party could get over its racism it could attract vast crowds of people it alienates solely based on their skin color but who otherwise agree with their ideals. Not sure why you're having so much trouble understanding. Perhaps, no why.

Ups_rail
Dec 8, 2006

by Fluffdaddy

mojo1701a posted:




Didn't the Republican party have a majority of the Arab vote until 9/11 or something?

Yes cause again they tend to be socially conservative. Then the whole islam is our enemy thing happened.

I honestly dont understand the political landscape today at all.

Coolguye
Jul 6, 2011

Required by his programming!

Deceitful Penguin posted:

You're a surprisingly good poster here but holy poo poo if you think that there's more to it than "we don't want people to use ponzi schemes/Child porn currencies to get money out of the country"

lol if you think the chinese economy is more real than bitcoin's

like i'm no huge zealot for btc and the level of mind-shattering incompetence at all levels on all cryptocurrencies is enough to turn even the most cheerful person into a misanthrope for a while. do not take this as a vote of confidence in cryptos.

take this as a horrific indictment of how much of a paper tiger the chinese economy is if loving bitcoin can pose a threat to its functioning sufficient enough that imposing more costly action and more chaos among the populace is a good idea.

Devils Affricate
Jan 22, 2010

Deceitful Penguin posted:

You're a surprisingly good poster here but holy poo poo if you think that there's more to it than "we don't want people to use ponzi schemes/Child porn currencies to get money out of the country"

I doubt they're very concerned with the potentially unscrupulous activity Bitcoin is used for beyond the simple fact that it is being used to move money out of the country.

Deceitful Penguin
Feb 16, 2011

Coolguye posted:

lol if you think the chinese economy is more real than bitcoin's

like i'm no huge zealot for btc and the level of mind-shattering incompetence at all levels on all cryptocurrencies is enough to turn even the most cheerful person into a misanthrope for a while. do not take this as a vote of confidence in cryptos.

take this as a horrific indictment of how much of a paper tiger the chinese economy is if loving bitcoin can pose a threat to its functioning sufficient enough that imposing more costly action and more chaos among the populace is a good idea.
Yeaaaahhh, uhhh, Bitcoin being banned is because they can and it's loving moronic and there's a crackdown on getting funds out of the country.

I'm really curious why you think the action is costly or it caused chaos. Like, when they tamped down on provincial loans by non-registered financial institutions, that caused chaos because literally every part of the country was involved in them and the financial crisis had broken the back of it.

I'd honestly think contempt would be a bigger motivator for banning it than fear of it
BUTTTT I'm open to being corrected here

Devils Affricate posted:

I doubt they're very concerned with the potentially unscrupulous activity Bitcoin is used for beyond the simple fact that it is being used to move money out of the country.
Not a lot, but it meant that they'd care slightly more because anyone that has that explained to them thinks less of it

Deceitful Penguin fucked around with this message at 00:17 on Feb 27, 2018

Sten Freak
Sep 10, 2008

Despite all of these shortcomings, the Sten still has a long track record of shooting people right in the face.
College Slice
The closing ceremony had a preview of the 2022 Beijing olympics last night. They did a pretty cool little light and skate show thingy but it was preceded by a commercial for China (essentially) in which Xi featured prominently. It was pretty terrible.

Coolguye
Jul 6, 2011

Required by his programming!

Deceitful Penguin posted:

Yeaaaahhh, uhhh, Bitcoin being banned is because they can and it's loving moronic and there's a crackdown on getting funds out of the country.

I'm really curious why you think the action is costly or it caused chaos. Like, when they tamped down on provincial loans by non-registered financial institutions, that caused chaos because literally every part of the country was involved in them and the financial crisis had broken the back of it.

I'd honestly think contempt would be a bigger motivator for banning it than fear of it
BUTTTT I'm open to being corrected here
are you honestly not familiar with how much penetration bitcoin and other cryptocurrencies have in china? there's secretive mining cabals that potentially make more money than the GPU manufacturers they routinely drain dry of product and many manufacturing concerns in Shenzen simply accept Bitcoin and Ethereum the same way they accept fiat currencies. the CCP dislikes this because they don't have the infrastructure in place to control and manipulate these things. they do for fiat. you can only obtain fiat through a state-regulated bank and there are strict controls in place to keep too much RMB from fleeing the country - which, if allowed to float openly, it would and every world leader on the planet loving knows it. it's why all the maverick political outsiders suddenly shut the gently caress up about labeling china a currency manipulator when they get into office. their first world economic briefing includes the lesson "THIS IS WHAT AN ECONOMIC COLLAPSE LOOKS LIKE AND THIS IS HOW MANY PEOPLE WOULD DIE FROM IT. A LOT OF THEM WOULD BE YOUR COUNTRY'S PEOPLE. SO KINDLY SHUT THE gently caress UP ABOUT CHINA BEING lovely, PLEASE AND THANK YOU." you can see this same lesson repeated in every anglo country on the loving planet; people legitimately have no idea that China's economy is a bigger bubble than the price of gold and the planet is collectively holding its breath that the mainland can un-gently caress itself before the music stops.

like you can talk about how it's 'loving moronic' all you want but people if china wanted to just ban ponzi schemes and other massive sleaziness they had 4 convenient examples in the USA, the EU, Korea, and Japan - all of which have provided clear guidance on what is and isn't OK in the space and many of which have announced prosecution on cheaters. China, instead, attempted to ban crypto exchanges outright because it is outright not okay for their basic economic health for people to be trading using something other than RMB. bitcoin, ethereum, the other big players there have a lot of history at this point and are absolutely not a sleazy ponzi scheme - if you're wanting to stop dishonesty in crypto you are looking in the wrong place with those. real countries with real economies have no interest in dictating what their citizens accept in compensation for their goods and services - and the American chair of the CFTC said pretty much exactly as much when he testified before congress a few weeks ago. people honestly moving money around in bitcoin is neither interesting nor relevant to the american economy.

china, curiously, seems to have a very strong interest in people moving money around in bitcoin, and is absolutely willing to dictate terms to the factory owners, their own little wunderkinds, about all that. now why's that? could it, in fact, be that they do not have a real economy in the way that they've advertised?

spoiler: yes. that is exactly why.

Pirate Radar
Apr 18, 2008

You're not my Ruthie!
You're not my Debbie!
You're not my Sherry!

Saw this and loved it. Maybe they can bring the boy in for a demonstration of how high he can’t piss.

Fojar38
Sep 2, 2011


Sorry I meant to say I hope that the police use maximum force and kill or maim a bunch of innocent people, thus paving a way for a proletarian uprising and socialist utopia


also here's a stupid take
---------------------------->
china is already far ahead in how high they can piss and i am very concerned about the widening piss gap

McGavin
Sep 18, 2012

5,000 years of History in Piss'ing

Nuclear War
Nov 7, 2012

You're a pretty pretty pretty pretty pretty pretty pretty pretty pretty pretty pretty pretty girl
So what exactly does fiat currency mean? All I know is it means "Bitcoin talk ahead"

bamhand
Apr 15, 2010

Nuclear War posted:

So what exactly does fiat currency mean? All I know is it means "Bitcoin talk ahead"

Fiat means it's not backed up by anything, i.e., not pegged to gold or silver or something. Nearly all currencies are fiat now. The US Dollar for example.

Coolguye
Jul 6, 2011

Required by his programming!

Nuclear War posted:

So what exactly does fiat currency mean? All I know is it means "Bitcoin talk ahead"


bamhand posted:

Fiat means it's not backed up by anything, i.e., not pegged to gold or silver or something. Nearly all currencies are fiat now.

yeah in real people parlance it just means paper government money. it's not meant to be derogatory or anything it's just important to distinguish it from cryptos.

Warbadger
Jun 17, 2006

bamhand posted:

Fiat means it's not backed up by anything, i.e., not pegged to gold or silver or something. Nearly all currencies are fiat now. The US Dollar for example.

Or a better example: Bitcoin. Literally backed by nothing (not even a government pinky-swear), can't even be used as toilet paper or burnt in a oil drum for warmth.

Though I guess Bitcoin isn't a currency so much as it is a Ponzi scheme.

Mistle
Oct 11, 2005

Eckot's comic relief cousin from out of town
Grimey Drawer

Warbadger posted:

Or a better example: Bitcoin. Literally backed by nothing (not even a government pinky-swear), can't even be used as toilet paper or burnt in a oil drum for warmth.

Though I guess Bitcoin isn't a currency so much as it is a Ponzi scheme.

Better explanation is that Bitcoin is basically a market-determined IOU people trade in lieu of money, and enough people trust its value to both accept and offer them as something with actual currency ability.

EDIT: It cuts out the CCP and that's not cool with Uncle Xi's grift mill.

underage at the vape shop
May 11, 2011

by Cyrano4747

Coolguye posted:

yeah in real people parlance it just means paper government money. it's not meant to be derogatory or anything it's just important to distinguish it from cryptos.

How is crypto not fiat if its just pegged to chinese money laundering

Bajaj
Sep 13, 2017

by FactsAreUseless
The video was posted a couple pages back, but that dad's response is amazing. He is the epitome of face, and his kid seems to have picked up on his dad's level of face (lying). These are the rules of the Chinese Century.

Cry Havoc
May 10, 2004

This cyberpunk cartoon avatar is pretty dang ol' good, I tell you what.
china is a land of trumps

Blistex
Oct 30, 2003

Macho Business
Donkey Wrestler

Fojar38 posted:

Emphasis on "getting money out of the country" because the Chinese economy is itself a giant ponzi scheme and lol if you don't think 80% of the upper party ranks have multi-gigabyte child porn folders

As much as I hate the thought of the suffering that the inevitable Chinese economic collapse will bring about, I can't stand the idea of western democracies bending over any more to placate the feelings of the CCP. I'm just waiting for someone to post a story about a prestigious western university changing their history curriculum so that it doesn't hurt the feelings of the Chinese people (ie. telling Maoist/CCP revisionist history) so that the sweet, sweet international student tuition keeps rolling in.

Veni Vidi Ameche!
Nov 2, 2017

by Fluffdaddy

underage at the vape shop posted:

How is crypto not fiat if its just pegged to chinese money laundering

One of the important characteristics of a fiat currency is that the controlling authority can issue more of it, at will. That is not the case with Bitcoin.

Platystemon
Feb 13, 2012

BREADS

Veni Vidi Ameche! posted:

One of the important characteristics of a fiat currency is that the controlling authority can issue more of it, at will. That is not the case with Bitcoin.

Forks.

champagne posting
Apr 5, 2006

YOU ARE A BRAIN
IN A BUNKER



going back to pegging currency to physical things seems a bad idea, the objects being A Fork even worse

it’s the chinese century peg to chopstick

barbecue at the folks
Jul 20, 2007


"Wealth and rank are what people desire, but unless they are illegally transferred out of the country by digital nerd dollars, they may not be possessed."

- Confucius

ladron
Sep 15, 2007

eso es lo que es

barbecue at the folks posted:

"Wealth and rank are what people desire, but unless they are illegally transferred out of the country by digital nerd dollars, they may not be possessed."

- Confucius

such a wise dude

Coolguye
Jul 6, 2011

Required by his programming!
most cryptocurrencies are backed by the guarantees that are baked into their protocols, so in that way they have more bulletproof guarantees than most fiat currencies do - any of which could theoretically pull a zimbabwe at any time and just become worthless because some douchebag you have never met decides it'd be a great idea to do that.

of course, reality is knowing that is theoretically possible, and brokebrained libertarianism is thinking that that has a greater chance of happening than the sun going supernova in our lifetimes.

Megillah Gorilla
Sep 22, 2003

If only all of life's problems could be solved by smoking a professor of ancient evil texts.



Bread Liar
Fiat currencies are backed by the strength of the economy of the nation which issues it, which is an infinitely better indicator of the worth of a currency than who holds what amounts of which 'precious' metal.

Zimbabwe is a perfect example of how that works.



Also, cryptocurrencies have zero guarantees, "bulletproof" or otherwise. What the hell are you thinking?

TTerrible
Jul 15, 2005
Eurgh yeah, please stop lumping all the weird fly by night Cryptos in with stalwarts like Ethereum.

Its not like Ethereum ever had a bug in it that made every contract a joke and they had to roll back the entire currency and fork it. Crypto is bulletproof and not subject to the whims of a few people you've never met that are in charge.

oohhboy
Jun 8, 2013

by Jeffrey of YOSPOS
Given half a chance I would back door the tulip economy. Nothing human is ever bullet proof. Even the physics as we understand them are by in large very, very good approximations of reality. It's going to be good when textbooks replace tulips with bitcoin.

barbecue at the folks
Jul 20, 2007


I'm banking everything on PlungeCoin, the currency backed by Bajaj's steady stream of tales about his exploits with Chinese ladyfolk. Take that, fiatailures!

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kenner116
May 15, 2009
Peanut brittle futures are a solid investment.

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