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How To Use Zotcoin – The Most Important Scam In The History Of Zots
Libertarian News ^ | May 31, 2011 | Michael Suede

Posted on 06/01/2011 3:01:37 PM PDT by logicalthinking

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To: logicalthinking

Remember that psycho Gerald Loughner guy who shot all those people in Tucson? This article sounds an awfully lot like the youtube rants Loughner was posting about creating his own new currency, such as this one:
http://www.youtube.com/watch?v=sIuq6pR9OnQ


21 posted on 06/01/2011 3:47:32 PM PDT by lonevoice (Where the Welfare State is on the march, the Police State is not far behind)
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To: All

Hey, let’s show a little respect for “the most important creation in the history of man.”


22 posted on 06/01/2011 3:59:25 PM PDT by Admin Moderator
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To: Jewbacca
So, who is the issuer that gets the money for the bitcoins?

As I understand it they are created by solving a computational problem. The problems get asymptotically more difficult as more are solved. There are supposed to be a total of somewhere around 26 million that can ever be created.

Electricity wise for running a server it is currently close to the market cost of a bit coin.

23 posted on 06/01/2011 4:25:26 PM PDT by glorgau
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To: Admin Moderator

Respect?
Respect?
We don’t got no respect.
We ain’t got to have no respect.
We don’t got to show nobody no stinking respect.


24 posted on 06/01/2011 4:27:09 PM PDT by Repeal The 17th (Proud to be a (small) monthly donor.)
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To: Repeal The 17th

logicalthinking

This account has been banned or suspended.
Okay


25 posted on 06/01/2011 4:29:10 PM PDT by Repeal The 17th (Proud to be a (small) monthly donor.)
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To: glorgau

So we arbitrarily pay people who “solve” some problems they conveniently create that have no inherant value?

LOL.

Sorry, this is a CLASSIC monetary scam.


26 posted on 06/01/2011 4:31:37 PM PDT by Jewbacca (The residents of Iroquois territory may not determine whether Jews may live in Jerusalem.)
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To: Repeal The 17th
This account has been banned or suspended.

Just between you and me, the mod who clipped him is the SAME GUY who suppressed the 200 mpg carburetor.

27 posted on 06/01/2011 4:42:59 PM PDT by Admin Moderator
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To: logicalthinking

Can I use bitcoins to buy Unobtainium?


28 posted on 06/01/2011 4:44:59 PM PDT by Tex-Con-Man
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To: Admin Moderator

Just as I thought...


29 posted on 06/01/2011 5:01:57 PM PDT by Repeal The 17th (Proud to be a (small) monthly donor.)
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To: Admin Moderator

Zotcoins for all! YAY!


30 posted on 06/01/2011 5:21:19 PM PDT by lonevoice (Where the Welfare State is on the march, the Police State is not far behind)
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To: logicalthinking

Could you sign your soul over to me, you know, for insurance purposes?
I just need one more and I’ll make evil overlord of the month.
And when I attain my ascendancy, all my minions will be well rewarded.


31 posted on 06/01/2011 5:23:21 PM PDT by Darksheare (You will never defeat Bok Choy!)
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To: Admin Moderator

You’ve got nutin on me.. I’m hiding the secret to cold fusion and unfrozen slushy margaritas.


32 posted on 06/01/2011 5:34:22 PM PDT by Admin Moderator
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To: Admin Moderator

Are you talking to yourself again?


33 posted on 06/01/2011 5:39:04 PM PDT by Repeal The 17th (Proud to be a (small) monthly donor.)
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To: Repeal The 17th

I’m... uh.. gonna hide before they decide to hide the secret to zombie deer.
*leaves a cloud of dust in wake*


34 posted on 06/01/2011 5:44:33 PM PDT by Darksheare (You will never defeat Bok Choy!)
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To: logicalthinking

I’m too busy trading carbon credits to bother with this.


35 posted on 06/01/2011 6:09:05 PM PDT by Fireone (Heating the tar and readying the feathers.)
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To: logicalthinking; darkwing104; 50mm; Old Sarge; 230FMJ; A.Hun; abigailsmybaby; AFPhys; ...
ZOT for scammer logicalthinking.

To be added or removed from the VK/ZOT list, FReepmail Darkwing104.

36 posted on 06/01/2011 7:37:06 PM PDT by 50mm (Action speaks louder than words but not nearly as often.)
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To: logicalthinking

I like the idea of woofiecoin


37 posted on 06/01/2011 7:38:54 PM PDT by woofie
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To: logicalthinking


38 posted on 06/01/2011 7:45:22 PM PDT by glock rocks (Crouch as low as possible to the floor and cover your head with your hands.)
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To: logicalthinking
You are a crazy loon. ZOT you later, dude.


39 posted on 06/01/2011 7:55:12 PM PDT by Lazlo in PA (Now living in a newly minted Red State.)
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To: Admin Moderator

Awesome zot. What a lame scammer this guy was.


40 posted on 06/01/2011 8:07:17 PM PDT by DeoVindiceSicSemperTyrannis (Want to make $$$? It's easy! Use FR as a platform to pimp your blog for hits!!!)
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