Anybody buying Crypto? BudgetLightForum.com

u/guysir was getting downvoted in this thread for constantly asking "Can you explain why someone would have the desire for Bitcoin to die?" So I put together a couple of pointers to help him (and others like him) to wake up and smell the coffee.

TL;DR:
If you just want a 3-minute (NSFW) video which explains why certain rich assholes don't want you to have nice things, here goes:
George Carlin - The big club (NSFW!!!)
https://www.youtube.com/watch?v=cKUaqFzZLxU
Reference:
u/guysir has been asking a lot of questions like this:
Can you explain why [they] would have the desire for Bitcoin to die?
Edit: I like how I'm being downvoted for simply asking a question.
~ u/guysir
https://np.reddit.com/btc/comments/6qjw0o/small_blockers_want_even_smaller_blocks_o_o/dkxz7t3/?context=2
etc etc etc...
Below are some introductory lessons to help u/guysir grow up and face the reality of how the world actually works.
Lesson 1: Money doesn't grow on trees. Nor does it get mined from the ground very much anymore, as gold and silver. (Correction because I was half-asleep when I wrote that: Gold and silver still do get mined quite a bit of course - but most people don't use them day-to-day as money.) And gold and silver prices are probably heavily manipulated (suppressed) these days anyways - in order to prevent the value of fiat currencies (such as the USD, EUR, GBP, YEN) from collapsing.
So, where does money come from, in the modern world?
Bankers print unlimited supplies of money out of thin air (which they then give to their buddies).
That may sound somewhat surprising to someone who hasn't ever sat down and examined how the world actually works - but basically, it's the reality we do live in.
Exercise 1: Put on your thinking cap now for 30 seconds and try to imagine what your life would be like if you could "print money out of thin air" (and give it to your buddies).
OK, your 30 seconds are up.
Hopefully you realized that being able to "print money out of thin air" (and give it to your buddies) would give you immense power - correct?
This was just a simple exercise, and of course the politics and economics of the world as a whole are much more complicated - but hopefully at this point you have managed to finally grasp one basic concept:
The ability to print money (and give it to your buddies) confers great power.
So, as the saying goes: "Money makes the world go around."
And some lucky people (bankers) have arrogated to themselves the right to print money (which they then give to their buddies).
These buddies of theirs constitute a kind of exclusive club of mega-rich people who control all the essentials which you need to survive: mainly housing, education, healthcare.
Notice how the prices of these essentials are always going through the roof - while your salary stays pretty much stagnant.
And notice how you never have enough cash to buy these things outright using the little bit of cash money that you actually have.
So these people also control one other thing you need in life - credit.
Credit is actually just "money that you have to buy" (at a gigantic markup, called "interest") from those same mega-rich people in that "club", who happen to be lucky enough to be buddies with the bankers who "print up money out of thin air".
It's a very exclusive club, which runs the world - and you ain't in it.
Extracurricular Activity 1: Watch this short video by George Carlin for a vivid explanation of this "club" which you ain't in:
George Carlin - The big club (NSFW!!!)
https://www.youtube.com/watch?v=cKUaqFzZLxU
Lesson 2: Bitcoin is "peer-to-peer electronic cash". One of the most important aspects of it is that there will only be 21 million bitcoins (or 21 trillion "bits" - where there are a million "bits" in 1 bitcoin).
Many people believe that one of the main reasons Satoshi designed Bitcoin this way (with a cap of 21 million bitcoins) was to take away the power of the bankers and their buddies to keep running the world by printing up money.
Exercise 2: Read as much as you can of the Bitcoin whitepaper, and the Bitcoin wiki. Since this is about economics, you can skip over the technical stuff about how this whole thing was programmed in C++ - and just focus on how it works at the level of economics.
https://en.bitcoin.it/wiki/Main_Page
https://www.bitcoin.com/bitcoin.pdf
Another good site to read about the economic aspects of Bitcoin is Nakamoto Institute:
http://nakamotoinstitute.org/
Again, you can skip the articles about C++ programming - and just focus on articles dealing with the economic (and social, and political) aspects of having a form of money which an exclusive club of rich bankers and their buddies can't simply print up and use to control your life.
Extracurricular Activity 2: Read (or watch a video) about The Creature from Jekyll Island or about the Federal Reserve - which explains how the current banking system in a powerful country (the USA) really works:
https://duckduckgo.com/?q=creature+jekyll+island&t=hb&ia=web
https://www.youtube.com/results?search_query=crature+from+jekyll+island
https://www.youtube.com/results?search_query=federal+reserve+conspiracy
Or, alternatively, read up on topics like the petrodollar, quantitative easing, fractional reserve, ZIRP and NIRP, the Austrian school of economics - to start understanding some of the more advanced topics of how a certain exclusive club of bankers arrogate to themselves the right to print money out of thin air (which they then hand out to their buddies, who then use this power to control your access to all the expensive essentials in life).
Yes, there's a lot of tinfoil or Illuminati stuff in there which could be just delusional paranoia - but there's also a lot of cold hard facts about where money comes from. And it doesn't come from trees - or out of the ground - instead, it just comes from bankers typing in numbers on a keyboard, and then handing out this freshly-printed money to their friends - who then use this "fiat" to control you.
Lesson 3: Do a search on this subreddit for "AXA" to learn more about this one particular company.
https://np.reddit.com/btc/search?q=axa&restrict_sr=on&sort=relevance&t=all
You will see that AXA isn't just any old insurance company or financial firm - it actually happens to be the second-most-connected financial company in the world.
Who owns the world? (1) Barclays, (2) AXA, (3) State Street Bank. (Infographic in German - but you can understand it without knowing much German: "Wem gehört die Welt?" = "Who owns the world?") AXA is the #2 company with the most economic poweconnections in the world. And AXA owns Blockstream.
https://np.reddit.com/btc/comments/5btu02/who_owns_the_world_1_barclays_2_axa_3_state/
In addition, AXA is heavily involved in derivatives - in fact, it is the insurance company most heavily involved with derivatives:
If Bitcoin becomes a major currency, then tens of trillions of dollars on the "legacy ledger of fantasy fiat" will evaporate, destroying AXA, whose CEO is head of the Bilderbergers. This is the real reason why AXA bought Blockstream: to artificially suppress Bitcoin volume and price with 1MB blocks.
https://np.reddit.com/btc/comments/4r2pw5/if_bitcoin_becomes_a_major_currency_then_tens_of/?ref=search_posts
Lesson 4: How do debt-based fiat currencies (and derivatives) work? And how could companies that depend on such "assets" (such as AXA) be negatively affected by Bitcoin?
Derivatives are basically the total opposite of Bitcoin, when it comes to something called "counterparty risk" .
Counterparty risk is the possibility that you might not get what's owed to you - because "your money" isn't actually in your hands, it's in someone else's hands, and all you have is a "claim" on what they're holding in their hands: in other words, they have a debt to you (a promise to pay you) - and you only get "your" money if that other "counterparty" actually pays their debt to you, or makes good on their promise to pay you.
Compare that to Bitcoin - which is basically one of the only "counterparty-free" assets in the world. If you have a bitcoin (ie, if you control your own private key), then you're not dependent on anybody to pay you. You already are holding your own "cash".
You've probably seen company balance sheets, with Assets (including Receivables) and Liabilities (including Payables) and Income and Expenses and Equity. To calculate how much the company "has", you just add up all the positive stuff (Assets and Receivables), then subtract all the negative stuff (Liabilities and Payables), and the difference is what the company "has": its Equity. (The Income and Expense accounts are just temporary accounts used for incoming and outgoing cash flows.) But a lot of what the company "has" also could involve "counterparties" - other entities who (in the future) will (hopefully) come through and pay what they promised to pay.
So there is risk here. Risk of not getting paid. Risk of breach of contract. Risk of credit default. Because most of these "assets" are not "counterparty-free". Your "net worth" on paper might be just that: on paper. In reality (if the people who promised to pay you end up never paying you), then your "net worth" could actually turn out to be much less than what it says "on paper".
Derivatives are just another layer built on top of that: they're basically "bets" about whether someone is actually going to get paid or not. (In fact, one of the most important types of derivatives are Credit Default Swaps - or CDOs - which are used to place "bets" on whether someone is going to default on their debts.)
So, a company like AXA (which is heavily involved in derivativs) is technically "rich" - but only "on paper". In reality, like most major financial firms, if you just looked at what they actually have "on hand", they'd probably literally be bankrupt.
This may sound shocking, but many economic experts have stated that a majority of the major financial firms around the world (including most major banks, and most major insurance firms such as AXA) are actually bankrupt - if you just look at the reality of what they actually have "on hand" (and not the "fantasy" of what they have "on paper").
So, in addition to the ability to print money out of thin air, there is this other strange aspect to the world's current financial system: many companies (mainly finance companies) would be considered bankrupt if viewed strictly in terms of what they have "on hand" ... but they're are able to parade around acting like they're mega-rich, based on what they have "on paper" (most of which is debt-based or derivatives-based).
Bitcoin coin is a major threat to the existing power system based on debt and dervatives - which AXA is at the absolute center of
So, the people who are supposedly "powerful", who run our world - their power comes from two sources:
  • Their ability to print up money out of thin air;
  • Debt-based and derivatives-based numbers on paper.
Bitcoin threatens the first item above.
And the global financial crisis which started in 2008 threatens the second item above.
In fact, Bitcoin itself also probably threatens the second item above too.
This is because as Bitcoin becomes worth more and more, those debt-based and derivatives-based numbers on paper become worth less and less, in relative terms.
And if the current financial crisis becomes acute again (like it did when another "systemically important" insurance company / derivatives "playa" went under: AIG)...
...then a lot of those numbers on balance sheets will get wiped out, written off - because people aren't paying up
...and so companies (including companies like AXA - in fact especially companies like AXA) might go belly up
...because they don't actually have any real money "on hand" - all they have is debt-based and derivatives-based numbers on paper.
So nearly all of the world's major banks and insurance companies - especially AXA - are on a mad, mad merry-go-round of debt and derivatives.
They're like someone with no cash, living on an almost-maxxed-out credit card - desperately hoping that the banks will lend give them more money (a/k/a "credit" - a/k/a debt), and terrified that the counterparties who owe them money will actually turn out to be in the same boat that they are: ie, bankrupt, deadbeats.
It's actually less like a merry-go-round, and more like a game of musical chairs: and nearly all the major banks and financial companies are terrified of what will happen if/when the music stops, and they're not able to scramble to find a chair - especially AXA.
AXA is the "second-most-connected" financial company in the world
AXA also has more derivatives than any other insurance company in the world - which means they're basically flat-broke, totally dependent on their "counterparties" in this "web of debt".
And derivatives aren't just some minor part of the world financial system. Actually, there is currently around 1.2 quadrillion dollars in derivatives - so derivatives are by far the biggest part of the world financial system.
Here's an infographic to give you an idea:
http://money.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization/
You'll notice that Bitcoin is also included on that infographic.
Maybe you look at it and think: Well, Bitcoin is so small, why would they be worried about it?
But size isn't everything.
Remember that (unlike nearly every other asset on that infographic) - bitcoin is "counterparty-free". (Also gold and silver are "counterparty-free".)
So gold, silver and bitcoin are a lot more "independent" than all the other so-called "assets" on that infographic. In fact, it wouldn't be much of a stretch to say that gold, silver and bitcoin are the only totally real assets on that infographic - and the rest of those assets are to some degree fake (since they could evaporate at any minute - unlike gold, silver and bitcoin, where your ownership is totally guaranteed).
Also, due to the "law of reversion to mean", something small on that infographic basically has only one direction it can go: towards getting bigger. We say that Bitcoin has a lot of "upside" for growth.
And something gigantic on that infographic also has one direction it can go: towards getting smaller. We say that derivatives have a lot of downside - derivatives might be in a bubble, or due for a crash.
And one way that could easily happen would be for billions of dollars (or trillions of dollars) to flow into Bitcoin - while flowing out of the other asset classes on that infographic.
Of course, in order for trillions of dollars to flow into Bitcoin...
We're gonna need a bigger blocksize.
And that's actually basically all we'd probably need - the software already runs fine, and (despite the propaganda from Blockstream and r\bitcoin), the network / hardware / infrastructure / bandwidth can already handle blocksizes of 4MB-8MB - so with things like Moore's law working in tandem with Metcalfe's law, it is quite reaonable to assume that in 8-10 years (after the next two Bitcoin "halvings") it is quite possible for 1 bitcoin to be worth 1 million US Dollars.
I did some rough growth projections here showing how feasible this actually is:
Bitcoin Original: Reinstate Satoshi's original 32MB max blocksize. If actual blocks grow 54% per year (and price grows 1.542 = 2.37x per year - Metcalfe's Law), then in 8 years we'd have 32MB blocks, 100 txns/sec, 1 BTC = 1 million USD - 100% on-chain P2P cash, without SegWit/Lightning or Unlimited
https://np.reddit.com/btc/comments/5uljaf/bitcoin_original_reinstate_satoshis_original_32mb/
So Bitcoin (with bigger blocks - not under the control of Blockstream or AXA) could be a serious competitor - or a threat - or a safe haven - or an "inversely correlated" asset class - versus all the other asset classes on that infographic.
Bitcoin is an alternative
Bitcoin is an alternative - an option people might turn to, if they decide to abandon the other options on that infographic.
So AXA - whose wealth and power depends on heavily on the derivatives shown in that infographic - might want to either see Bitcoin fail, or suppress Bitcoin, or eliminate it as an alternative, or simply control it somehow - just to make sure it doesn't "eat their lunch".
Remember that one of the tactics used by oppressors is to spread propaganda to brainwash you into giving up hope and believing that "There Is No Alternative".
Bitcoin is an alternative to the current messed-up financial system (which helps prop up bankrupt companies like AXA) - so for that reason alone it's enough for a company like AXA to want to eliminate or suppress or at least control Bitcoin. Not just by buying up some bitcoins - but by paying the devs who write the code that determines the blocksize which ultimately affects the price.
"Bitcoin users unaffected."
If/when the music stops in the game of debt- and derivatives-backed musical chairs that makes the world go 'round, some of the "systemically important" financial firms will be exposed as being bankrupt - and it is very, very likely that one of those firms could be AXA (just like AIG in 2008).
In all honesty, I have to admit that it's still not totally clear to me (or maybe to anyone) precisely how Bitcoin will ultimately impact this whole "web of debt". After all, this is the first time the world has ever had a digital, counterparty-free asset like Bitcoin. (Gold and silver are also counterparty-free - but they're not digital, so it's harder to store them and move them around.)
But one basic fact is certain: Bitcoin is really not a part of this whole "web of debt". Bitcoin stands quite outside this whole "web of debt". Bitcoin is "inversely correlated" to this whole "web of debt".
Bitcoin is an alternative.
Voice and Exit
If you feel like you don't have a voice / vote in the system, it's good to know that you can exit the system.
https://en.wikipedia.org/wiki/Exit,_Voice,_and_Loyalty
Balaji Srinivasan (founder of 21.co) on Voice and Exit
https://www.youtube.com/watch?v=cOubCHLXT6A
Can we ever really know what AXA might be up to with Bitcoin?
Probably not - because it is unlikely that they would ever tell us.
But, we can make some rational guesses.
On some level, a lot of people whose wealth and power come from this whole "web of debt" are probably just reasoning as follows:
  • If/when this whole "web of debt" goes down, Bitcoin goes up. (This is already pretty much an established fact: money flees to "safe havens" like gold, silver and bitcoin when "traditional" investments go down.)
  • If/when Bitcoin goes up, then the importance and power (and credibility) of this whole "web of debt" goes down. (This makes sense: being counterparty-free, bitcoin is obviously a safer investment - and so it's worth more - and so all those other debt-based and derivatives-based investments become worth less, as bitcoin becomes worth more.)
  • If Bitcoin goes down (or totally goes away), then this whole "web of debt" will probably be able to hang on for a while longer. (This also be more of just just a conjecture - but it seems quite reasonable.)
Maybe they just want to keep you trapped in their system - by destroying (or suppressing) the alternative (Bitcoin) which gives you a chance to exit their system.
Some more posts about AXA and what they might be up to:
Anyways, there's a bunch of articles on btc about AXA and what they might be up to with Bitcoin:
https://np.reddit.com/btc/search?q=axa&restrict_sr=on
Finally, if you need some extra help dispelling the quaint notion that the people who run the world are honest and transparent and helpful, then the following two (admittedly highly conjectural) posts might help spell things out a bit more explicitly for you:
Blockstream may be just another Embrace-Extend-Extinguish strategy.
https://np.reddit.com/btc/comments/3y8o9c/is_the_real_power_behind_blockstream_straussian/
The owners of Blockstream are spending $75 million to do a "controlled demolition" of Bitcoin by manipulating the Core devs & the Chinese miners. This is cheap compared to the $ trillions spent on the wars on Iraq & Libya - who also defied the Fed / PetroDollar / BIS private central banking cartel.
https://np.reddit.com/btc/comments/48vhn0/the_owners_of_blockstream_are_spending_75_million/
Sorry I don't have any more time right now to "school" you further on this subject.
Ideally, learning should be a self-driven process anyways - once someone helps you get started.
Some advice
Finally, if I may give you some parting advice.
If you want to be truly respected on these forums, you're probably going to have to stop going around acting like such a doe-eyed innocent little pollyanna.
It is assumed that most people here already pretty much know the harsh reality of how the world works, and are trying to use Bitcoin as a way to not get screwed over by this harsh reality.
So some of the more informed people around here might not have much patience with you (or trust in you) if you don't even understand the basic principles outlined above, namely:
  1. Our planet is being run by an exclusive club of rich assholes who have immense power, because we "allow" them to print out money (which they then hand out to their buddies, not to us - basically enslaving us).
  2. Bitcoin was designed (many believe) to help fix this dire situation.
  3. The ancien régime (those people who up till now who have been running the world, due to their ability to print money) might not like Bitcoin for this reason, and might try to do something to stop it - and they might not tell you why they're doing it - and they might not even tell you that they are doing it in the first place!
Sorry to be such a curmudgeon, but pollyannas like you tend to get on my nerves after a while - not least because it seems to me that one of the factors which allows those rich assholes to continue to stay in power and run the world is because so many uninformed credulous people like you either can't or won't just wake up and open your goddamn eyes and see how you're getting fucked over by this whole "web of debt" based around that exclusive "club" of rich assholes who get free money which the bankers are simply printing up out of thin air.
So, 99% of people in the world are living lives of quiet desperation and oppression, becoming poorer and poorer - while the rich keep getting richer and richer (with all that money they keep printing out of thin air - which by the way, if you do the math, ends up making your money worth less) - and now there are finally some serious attempts at revolution or change afoot, to try to fix some of this mess - and you've just wandered in to a meeting where some of these people struggling for change are making plans, and you basically keep going around asking "What are you guys so worked up about?"
Maybe if you also realized that you are saying the exact same thing that the oppressors are always saying (basically some variation of "Nothing to see here, move on!") - then maybe that will provide another hint to you as to why some people have been less-than-totally-welcoming of your non-stop naïve-sounding questions.
Every subreddit has a topic - plus certain assumptions
For comparison: Would you wander around on a subreddit about fitness or weightlifting constantly asking: "Why do you want to get in shape?"? (Or maybe here's an even better comparison: Would you wander around on a subreddit for some oppressed group, and keep asking "Why would anyone be oppressing you?"?)
There are certain "givens" which are assumed on a subreddit - and one of the "givens" for a lot of people on this subreddit is that the current monetary regime running the world is not working for most people (or: it is oppressing most people), and so we need something better. (Also another one of the "givens" is that r\bitcoin is censoring everyone's posts - and that Blockstream is damaging Bitcoin.)
Nobody is forcing you to get into fitness or weightlifting - and nobody is forcing you to get into Bitcoin. Maybe you think your physique is already fine the way it is, so you don't see the point of fitness or bodybuilding - and maybe you think that VISA and PayPal and JPMorganChase and Wells Fargo and the Fed and the ECB or whatever are fine for you, so you don't see the point of Bitcoin. (Or maybe you were born a millionaire so you don't feel financially oppressed.) You're free to get involved or not get involved. Most people who are here are involved for some particular reason. And whatever that reason may be, it usually tends to involve using Bitcoin as it was designed in the whitepaper - in order to improve their lives. And part of this also means actually using Bitcoin as it was designed in the whitepaper - free of any interference from companies like Blockstream - or their financial backers AXA - who might not really want us to be able to use Bitcoin the way it was designed in the whitepaper.
In particular, it has been quite obvious for years to people on btc that the actions of r\bitcoin and Blockstream have been damaging to Bitcoin (whatever their actual motives may be - which we may ultimately never even be able to find out since they're probably never going to actually tell us) - but meanwhile we've had to fight tooth and nail to get a vast brainwashed army of pollyannas - a lot of whom quite frankly sound a lot like you - to understand that Satoshi did not design Bitcoin to work like this:
Every Core supporter wants to run their own node. Apparently to help banks settle transactions, instead of their own transactions.
https://np.reddit.com/btc/comments/6qgy7s/every_core_supporter_wants_to_run_their_own_node/
Satoshi designed Bitcoin to work like this:
Bitcoin Original: Reinstate Satoshi's original 32MB max blocksize. If actual blocks grow 54% per year (and price grows 1.542 = 2.37x per year - Metcalfe's Law), then in 8 years we'd have 32MB blocks, 100 txns/sec, 1 BTC = 1 million USD - 100% on-chain P2P cash, without SegWit/Lightning or Unlimited
https://np.reddit.com/btc/comments/5uljaf/bitcoin_original_reinstate_satoshis_original_32mb/
We all have our own reasons for being here.
So hopefully that gives you some background regarding why many people are here on this subreddit in the first place, and what some of our goals and desires are.
We want to use Bitcoin - and we don't want the bankers funding Blockstream or the censors silencing r\bitcoin to get in our way.
We understand that Bitcoin is a disruptive technology which could be liberating and empowering for many of us in various ways.
We are realistic about the fact (ie, we take it as a "given") that certain powerful individuals or institutions might not want us to be empowered and liberated like this (maybe because their power depends on our enslavement).
And so we allow for the possibility that certain powerful individuals or institutions might be trying to stop us - and that they might not even have the courtesy to inform us that they are trying to stop us.
I should of course clarify that these are ultimately really only my reasons for being on this forum.
Other people may have their own reasons - some the same as me, and some different from me - and so I can only speak for myself.
It is important for all of us - me, you and everyone else - to have a clear understanding of why we are here.
In particular, if you - u/guysir - ever felt like giving people a brief explanation of why you are here - then that might help people understand why you keep asking the kind of questions you keep asking.
Why people are rejecting Blockstream's heavily modified version of Bitcoin - and sticking with Satoshi's original version of Bitcoin (now called Bitcoin Cash or BCC)
The above reasons are why many of us will not use AXA-owned Blockstream's Bitcoin.
We want to continue using Satoshi's original Bitcoin, now being renamed Bitcoin Cash (ticker: BCC, or BCH) - because we want to continue to enjoy the benefits of:
submitted by ydtm to btc [link] [comments]

[Table] IAmA: Hey, Alex Winter of Bill & Ted here. Directing a new movie called "Deep Web: The Untold Story of Bitcoin and Silk Road." Ask me anything!

Verified? (This bot cannot verify AMAs just yet)
Date: 2013-11-25
Link to submission (Has self-text)
Questions Answers
As someone who creates content, do you think there's a solution for middle class content creators? It seems that they're the most hurt by piracy, yet free-culture proponents almost exclusively focus on large corporations. Kickstarter, Indie Go-Go, and their brethren aren't picking up that slack- tales of success seem to be the outliers, and many of the poster-children (Radiohead, Amanda Palmer, etc.) rely on past success and marketing dollars. So, will this pick up, and will there be a middle class of creators? Or are we now living in a world of (sometimes skilled, but still) amateurs? This is a smart question and demands a much longer answer than i can give here. but the short of it in my opinion is that it's a misunderstanding to assume it's harder for 'middle class artists' in this climate. it's always been very very hard. there have always been obstacles and gatekeepers. the digital landscape has opened many many doors and closed some doors. it's in many ways easier, but you still need that magic combo of talent, tenacity and luck.
Man I'm sorry but I've gotta ask...what happened to you man? Why did Keanu make it out and why did you disappear into obscurity? Haha. not an offensive question at all. I quit acting professionally in 94, after Freaked to focus on writing and directing. I'd been acting professionally since I was 10 years old and I wanted out of the public eye. It's really only been in the last couple of years that i've intentionally been slipping back in front of the camera. But I think it's important for child actors to spend time away from constant exposure. I tell a lot of kids this in that field.
Be honest…has Keanu admitted his immortality to you? I could tell you but then I'd have to kill you. And then he would drink your blood and live for another millenia...
Did you buy any Bitcoins before they blew up in value recently? Haha, I did not. The Winklevoss twins got them all :)
Since George Carlin has died, will there be some new character coming in to replace Rufus in helping the Wyld Stallyns? We've spent a lot of time and thought on making this work. all i can say right now :)
On a scale of 1 to 10, how likely is it that B&T 3 will be financed and actually get made? I'd say 10 but it's Hollywood... so 9.9?
Did you ever use the SR before it went down? I honestly did not. I am a dull family man and most of what i need to purchase online can be found in the toddler section of Amazon :)
Your stepmom is cute. Remember when she was a senior and you were a freshman? Do You get BnT references constantly and do they annoy you? No, thankfully I like the movies a lot. I have some friends who acted in movies that they can't shake that they hated. that is an existential nightmare from which one can never awaken!
Thanks for doing this AMA, and for being part of one of my all-time favorite films. You've been quoted as saying "[Bill and Ted] was a happy accident. No one thought it would ever see the light of day." Could you expand on that? Both BnT movies were made independently. The first one was really low budget and kind of under the radar when we made it. then it sat on a shelf for a year after being made, when the producing company went belly up. So we kind of gave up on it. Then it was bought up and released and was a big hit :)
What was it like working with Mr. T? Is his public persona accurate as to who he really is? It is! Exactly! He's a really great person, into community outreach and helping people. A wonderful guy.
When will we have a new Bill and Ted to watch any plot details You can share? What got You so interested in Bitcoin? Also, Thank You for being so Excellent! Party On! I first got interested in Bitcoin in '09, when it magically appeared out of the ether. Much like Napster appeared out of nowhere 10 years prior. I recognized that Bitcoin felt like the next big thing to come out of peer-to-peer.
What can I do to get into the Bitcoin World. I don't know much about it. Start at blockchain.info. that will lead the way.
Do you think the Tor network is forever tainted due to the Silk Road takedown, or does it still remain a viable method of obtaining true anonymity on the Internet? Absolutely not. SR accounts for a tiny fraction of TOR use and is not going to impact Bitcoin much either in the long run. As Wozniak so perfectly put it, you don't shut down the whole highway when one car is speeding.
What was the funnest thing about making The Lost Boys? Having dirt kicked into my eyes by the two Coreys in my death scene. Actually it wasn't funny at the time; i had full eye contacts in and my cornea got scratched. had to go the hospital. Loved those guys tho...
Any cool memorabilia you kept from Bill and Ted? I had my evil robot head from BnT 2, but it eventually rotted. I used it as a doorstep. My kids loved it :)
What motivated you to be one of the first films to educate those about the online blackmarket? why exactly do you need the funding from the kickstarter? Because, like the Napster story, there is a lot of noise but not a lot of context. I think we need some context and our film will be one form of providing that. We are using Kickstarter for some of the funding in order to begin to build our community for the film. We want people's input, the changes occurring through the Web are part of a global movement.
Are you actually going to provide any information we don't already know from all that's been written about this? Is this just a movie version of a bunch of news articles? Our doc is an expansive examination of a movement that began decades ago and is now hitting a peak of global impact. we are interviewing the core players in this story. It's not the kind of thing news articles do in any capacity. join our kickstarter, be part of the process and of the movie's community :)
How did you do research for the script? How did you get a script just a few weeks after SR was busted? It's a documentary :)
Alex, as someone who studied Napster so much for Downloaded, what would Bill & Ted have thought of it: Most Excellent or Non-Triumphant? They would have said 'huh???'
Is a melvin a synonym for wedgie, or a completely different maneuver executed from the front? You answered your own question :))
Is there any fond memory that stands out from making The Lost Boys? Honestly the most fun i ever had 'working'. Joel Schumacher knows how to create an amazing environment to work in. It's one of my fondest memories of my crazy youth! :)
On the kickstarter page, under the "Silk Road" header, the phrase "trading mostly in drugs and weapons" is used. Don't you feel that claiming that weapon sales were a large part of the silk road's operations is misleading? especially since weapon sales were specifically banned from the site shortly after its creation? Certainly the part about mostly trading in drugs is spot on, but also weapons? Come on, that's just untrue. Sorry if that seems misleading. As the Armory only lasted a year. But SR was built for that purpose wherever it ultimately landed.
I don't know if you remember me, but I went to school with your son in LA, me and my brother stayed at your house a few times. Kinda funny how I never got to thank you for being so excellent in Bill and Ted back then, so I figured I'd do it now! Hey Dante! Hope you guys are well!
I suppose I should ask a question, so what drew you to the idea of the deep web? What made you want to make this movie? The Deep Web lies at the heart of the digital revolution, that has impacted every corner of our lives. There are huge changes that have occurred in the last decade, and many more around the corner. Examining the Deep Web in detail allows us to closely examine this revolution and its implications.
Do you think that the high prices that bitcoins are experiencing right now is actually a bad sign, since it indicates instability? Where do you think the value of Bitcoins will ultimately fall once the bubble bursts? No one knows where it will settle. It's not unlike gold in this regard. But once it's been around a bit longer and more people are taking it, the value will increase within that framework but not in such a wild manner. this form of currency is here to stay, of that there is no question.
How did people find silk road online? That always boggled my mind, because I assume it wasn't as easy as googling it haha Did you have to like, "know" someone in the business to gain membership? It's not hard to find these sites, it's just dangerous. don't go hunting for scorpions unless you are prepared to get stung.
So Deep Web... Do you have a script already? Are you dealing with the actual events, or fictionalizing them? If the former, are you worried about having to pay folks for rights? If you have a script, how does it toe the line between being too simplified to please the target demo/actually tell the story and too esoteric for the mass market? It's a feature documentary. please join our kickstarter :)
I don't think the story is too esoteric at all, just as the details of the Napster story weren't. These are universal stories about global communities.
How much about the deep web did you investigate? I have done some looking into it recently and there is some pretty disgusting stuff out there. To be honest I kind of wish I never heard about it. Silk road is only the tip of the iceberg and to me doesnt seem like that big of a deal compared to some of the other stuff out there like the hitmen websites and human dolls for sale etc. What is your take on the rest of it outside of silk road? There is a lot of dark and horrible stuff in the Dark Web. The Deep Web is a much broader world, and in my view needs to be understood as separate from the much smaller Dark Web, and in need of protection.
When did you get into directing? I realize I could easily find this out on IMDB but it's just cooler to ask the source! Hah, thanks for asking! I actually went to NYU film school to study directing before I acted in all the movies. It's always been one of my passions. I started directing professionally in about 86. Shooting music videos and commercials and then our show on MTV, The Idiot Box.
So I'm guessing MTV/Viacom or somesuch own the DVD rights to The Idiot Box? There was a fair amount of comedy from that era of MTV that I'd love to be able to watch again… MTV owns it... why no DVD... yet...
What was it like working with a big star like Larry "bud" Melman? He was awesome of course. RIP.
Wait, does Satoshi = Stations??? Ahhh you cracked the code!!!
Excellent job on Downloaded! I enjoyed remembering a time in the not so distant past when 'regular people' could not envision a world in which their music lived on a computer. Today, regular people cannot envision a world in which their money lives on a computer. I was also surprised to learn about your early connection with the world of MP3s. Could you elaborate on what you think we can learn about Bitcoin based on your experiences with Napster and the MP3 scene in the late 90's? The world is responding to Bitcoin and a new awareness of the Deep Web much like they responded to Napster, with fear and demonizing. Our film aims to put these things in some context.
What made you want to do this documentary? I've been following the story myself and it's certainly one worth following but how did you yourself first get interested in the topic? I have been interested in global web-based communities and emerging technologies since the mid 80's. There is a revolution occurring in global culture at the moment, that will change everything. and it's only just beginning. what's not interesting about that?? :)
I don't have a question but Excellent Adventure made me who I am today. Thank you. Fuck it, uh. Do you agree that Cinnamon Toast Crunch is hands down the best cereal? My kids do. it's evil.
off, I want to thank you for posting my Rasta Eyeball with a machine gun tattoo on your blog. It made getting it completely worth it. I just want to know which of the characters from Freaked is your favourite? Stuey Gluck!!
And your tat is amazing!
Hello there, thanks for doing this! I just wanted to ask if by making a movie that sheds light on the dark web/bitcoins etc. It will shed more light on an area of the web that generally dislikes the attention. In other words could it create a misaprehension of the mission and possible positive effects the darkweb community tries to provide? I think the current media spin has that effect; in that it tends to paint the entire deep web and bitcoins and cryptography with a negative brush. this is both inaccurate and destructive. Our movie does not paint dark things in a positive light, it gives context to the entire arena.
Will the Silk Road be back? Also, can you say hi to my smokin hot babe Sherry? It is back.
Hey Alex, A quick glance at your wikipedia page has made me realise you directed Knock Me Down by RHCP! Did you have much contact with the band? How was it working with them? Thanks for the AMA; Looking forward to B&T3! I love the chili's and have known them for decades. they are still great, but in the mid 80's when I had the fortune of doing some work with them, it is hard to quantify how amazing they were. the best live act on the road, by far!!
So when are you planning to bless the world with Bill & Ted 3? Soon as we get it up and running!
If you could star in any movie from any time, what movie would it be and what role would you have and why? Buster Keaton in anything probably. No one in the movies ever had a better time.
So what is the "untold" story of Bitcoin/Silk road? Isn't most of it public knowledge by now? Or we'll we have to wait and see the movie? You don't have to wait if you join our Kickstarter and become part of the making of the movie! It is hardly public knowledge as no one has framed this story up yet in one film, and the story itself is unfolding every day. :)
What was the most surprising thing you found out about the Silk Road? That's in the movie :)
Hey Alex, What will Deep Web be like? Sort of a CNN special or does it have a bigger ambition, i.e. are you making it on a scale for wide distribution in movie theaters? If the latter, what documentaries would you compare it to in terms of style and storytelling? Our doc has a broader ambition than reportage. We are making a film about a technological revolution that has been brewing for decades.
Hm, don't know you but this does sound interesting. When can we expect this movie to come out? Anything interesting about these topics you learned? Every day I learn something new and fascinating. We hope to finish within the next year. Join our kickstarter and be part of our community :)
What ''good'' is there in the deep web? I only hear stories about horrific things like drugs, black market stuff, assassins, etc. Also, were you fortunate enough to had invested in bitcoin in it's early stages? The Deep Web is being demonized somewhat in the press, which is a misunderstanding of what it is. DW represents all content on the web that is not indexed. this doesn't mean people are doing bad things. it means they are unseen. the Dark Web is a term that has come to characterize people who use the web for illicit means. the dark web represents a fraction of the Deep Web.
On your Kickstarter campaign, you say, "Bitcoin has the potential to create a level of global disruption that will make Napster look like child's play." Can you expand on that? BitCoin is a peer to peer crypto-currency. Like any peer to peer technology it is decentralized and operated by a wide user base spread across the net. As such it is here to stay, and being an unregulated currency that exists outside the control of banks and governments, it is poised to have a massive impact on the world. That's what I mean :)
Why are you focusing on the darker side of the deep web instead of the good side? Its virtues clearly outweigh the illegal stuff. As someone who appreciates the privacy benefits of Bitcoin, TOR and the Deep Web, I am concerned about the public's disproportionate focus on its negative and illegal uses. Do you plan to address this bias at all? Question 1: I am absolutely not only focusing on the dark side of the Deep Web. In fact one of my key points is that the Deep Web is misrepresented, and inaccurately represented. It is mostly just a reference to all the content on the web that is not indexed. Most of which is not dark and a lot of which is frankly boring private data :)
Are you accepting Bitcoin for the financing of this film? If not, why not? Again, thanks for doing this, but I am concerned that your focus on the negative side of TOR will continue to twist the public's perception in the wrong direction. 2: We will absolutely be accepting BTC for the movie. But Kickstarter does not accept BTC so we are doing that separately. Stay tuned!
3: Yes the bias is a big problem and we will debunk the myths, just as I did with Downloaded. People like to hold onto their preconceptions tho, so I have no illusions about turning the world around :) A lot of people loved my Napster movie, but there were many in the mainstream press who were outraged that I didn't spend more time castigating the Napster architects for being thieves who created piracy software, when clearly that is not the truth, just the well-spun myth. but myths die hard.
How concerned are you with getting all the details right? You plan to talk about things happening in the more obscure and less legal parts of the Internet. The people who use those parts of the Internet are often pretty knowledgeable about the fine technical details, and are annoyed when people get them wrong. Even the term "Deep Web" has a whiff of "Information Superhighway" or "Series of Tubes" about it. Aside from just wanting to get the details right for the sake of having an informative and accurate documentary, are you concerned at all with upsetting the wrong kinds of people by doing this? After all, the guy behind Silk Road is rumoured to have tried(?) to have people killed. Our film isn't a Silk Road movie but an exploration of the history and evolution of the Deep Web, as told by its architects. That is the story that I believe matters most :)
Are you covering other crypto currencies? Also, I didn't think porn hid on the internet. I am yes. This movie is largely about the crypto-revolution.
What are your thoughts on the rather dubious "hired a hitman" charges against DPR (Ross Ulbricht)? Do you think law enforcement used parallel construction to identify the SR server or otherwise make the case against SDPR? Looking forward to this documentary, and I'm a huge fan of Bill and Ted! It's a really fascinating case that is unfolding and changing constantly. No one knows the full story at the moment outside of the Feds, and I'm sure they're chasing some crazy leads trying to iron it all out!
Hey Alex I was just wondering if you used Silk Road for movie research and what the movie is gonna be about? The site used to pride themselves on anonymity so is it a lot of speculation about what goes on behind the curtain or were you able to actually talk to and interview the people behind the scenes of the website? I didn't use SR for research but am in contact with many people close to the world and story.
Can I donate to the Deep Web movie via Bitcoin? I loved the Napster doc, and am super excited for this one, since judging by your prior work I think it will be very high quality. There was no bitcoin address listed on the kickstarter page! Yes Kickstarter does not allow BitCoin pledges. We will have a BitCoin option soon!
Bitcoin is seen as a "dirty" term by the media as it usually relates to illicit activities, what could make it a more clean and friendly method of payment to Joe Smith who runs a small florist in a mid size town in Washington? Time. people need to get used to crypto-currency. it's here to stay and perfectly legitimate unto itself.
I've always been a fan of Bill and Ted, however this question does not related to your career. You actually grew up next to my Dad (His name is Nick) in St. Louis/Clayton. He said your family loved television, and that he always joked your television might blow up one day. As ridiculous as that sounds apparently it actually happened to you guys one day. So did this actually happen? Is my father a liar? How much television does it take before it explodes? Wow that is some ancient history! Yes when I was five my brother and I got into a fight and someone hit the tv with their body, hard (such is the way of fraternal skirmishes, my bro and I have actually always been super close). We didn't know we had blown some of the electricals inside the TV and the next time it was turned on it exploded into flames (for real!) and burned the whole house down (totally true story!!)
What are your thoughts on other cryptocurrencies like Litecoin? I think it is early days for crypto-currency and eventually one will rule the roost. Whichever proves to be the most stable, trustworthy and provides the best ease of use.
I just hope that it's objective and that it doesn't needlessly throw BitCoin into dis-appeal. I mean, there have been other digital currencies which had been used for drugs, hitmen, child porn, whatever else. Sigh. Just don't slander it, k? <3 I totally agree with you, that's the movie :)
Are you worried about how Deep Web will portray bitcoin? Us bitcoin folks are already rather irritated about how much people make the point that bitcoin is used for illegal things, without pointing out that cash is used for the same thing. Oh we are making very very clear all the legitimate uses for Bitcoin.
Alex, do you think that Satoshi Nakamoto has any sort of link or relationship to Ross Ulbricht? Yes some people have been saying that. There are other people believed to have created Bitcoin that we are talking to.
What are your personal thoughts on the deep web and how it operates? Do you think the bit coin business model is the future of personal commerce? I do yes.
Don't you think it is a little early to start writing a story before the truth is completely released? I've been following the take down since day one and there are still so many things that haven't been answered. Absolutely. Our movie is about the Deep Web, it's not a Silk Road movie.
What do you think about Silk Road 2.0 being open? Inevitable.
Have you been able to get any key actors in Bitcoin, Silk Road etc to go on the record unanonymously? BTW...San Dimas HS football rules! Yes we have :)
I live in San Dimas. Do you know what you've done to me any time I meet people from out of town? Sorry. truly. We didn't shoot there, we shot it in Phoenix, so I never thought about San Dimas one way or the other. Until many years later I made the mistake of taking my kids to the water park there without thinking about it. Very very very VERY big mistake for "Bill" to waltz into a water park in San Dimas...
What do you think George Carlin would have said about Bitcoin and Silk Road? Link to www.youtube.com
Can you please make sure that bitcoin ends up not getting the image of "crack dollars"? I'd like if people didn't associate bitcoins with just silk road. Agree!!
Bill& Ted 3: elaborate please! We have the script and our producing team on board, in finance mode now... :)
What is socrates like in real life. A windbag.
New Idiot Box sketches on YouTube please. Burrowing Bishop, If I Had My Way, etc.etc. I think everything we shot has made its way up there :)
I have yet to ever have a question answered in an AMA, not a question but a simple acknowledgment of my existence would be fantastic. Love BnT BTW. You exist!!!
We demand a sequel to Freaked. That is all. Me too! One day... many many eons from now... it will happen...
Can you give me 3 words that will best describe the movie to me. Join our Kickstarter! :)
Last updated: 2013-11-29 19:11 UTC
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The Best Of George Carlin - YouTube George Carlin - All my stuff - YouTube Virtual Bitcoins worth $425 million disappear George Carlin Talks About George Carlin - Stuff You Don't Want To Hear - YouTube

andrew james on U.S. Military’s Plans To Be Able To Take Over America By 2030 – Paul Craig Roberts and John Whitehead; andrew james on The Trump Presidency: RIP – Paul Craig Roberts; andrew james on Vote War: Ukraine’s NATO Referendum and Poking Russian Bear; andrew james on The Washington Post Grasps at Crazy Conspiracy Theory in Support of Hillary Clinton The use of Bitcoin causes around 22 megatons in CO2 emissions annually – comparable to the total emissions of cities such as Hamburg or Las Vegas. That is the conclusion of the most detailed analysis to date of the cryptocurrency’s carbon footprint. For their study, an interdisciplinary team of researchers at the Technical University of Munich (TUM) analyzed such data as the IPO filings of ... george carlin : raw suige; good news : reinfection unlikely; most usa already has herd immunity : phd; spock's immune boosters ; the immune system for dummies; the sweden model and herd immunity; two paths to herd immunity; vitamin d and sunshine; why not vitamin d ? the covid cure *more hcq = fewer deaths : a graph *on the treatment of covid* 100% cure rate with clo2; dr john campbell ... George Carlin is not being funny. He is not telling jokes. In fact, George Carlin isn't actually funny. His disturbing truth is such a blow to anyone-whom-might-be-listening's ego that the accepted response is a nervous laughter to match that of the crowd. I would bet that Carlin's last thought before he received his standing-ovation and final laughs and cheers for the night was that each and ... Bitcoin and all the others have absolutely no intrinsic value whatsoever. Here, the “petro” is promised to be backed by a barrel of oil (if you really believe him) so it differs from others that it has some intrinsic value. Of course, the sky’s the limit for each unit price and who knows how much Venezuela holds. This is absolutely brilliant. Have people all over the world bail out your ...

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The Best Of George Carlin - YouTube

I cut out a piece of a stand up comedy with George Carlin. He's the best :) George Carlin was an American stand-up comedian, social critic, satirist, actor, writer, and an author who won five Grammy Awards for his comedy albums. Plea... So true. So fucking true. George Carlin cutting through the layers of deception and revisionist history of the American government to concisely explain the r... George Carlin is definitely one of my top favorite comedians of all time. The guys was a comical genius George's Best Stuff is a compilation of some of Carlin's legendary routines, including "A Place for My Stuff," "Dogs and Cats," "Baseball and Football," "Losing Things," "Al Sleet the Hippy-Dippy ...

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