Orania's experiment with crypto

gamer16 said:
Definitely old yeah, but I like it, and from a distance at least it looks clean, that shot of the pool, when is the last time you saw a public pool look that good? Where you feel you can leave all your belongings with your towel and they'll be there when you get back, the water is clean and the grass neat and cut.
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It does look nice from far. It looks a bit like it's stuck in the 70's though. I normally like this old style set up when I see it, but it doesn't photograph nicely. So it could just be that.
 
Craig said:
It does look nice from far. It looks a bit like it's stuck in the 70's though. I normally like this old style set up when I see it, but it doesn't photograph nicely. So it could just be that.
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Progress is slow when you have no massive government tax money to throw around.

One thing I can say with certainty if Orania had access to 0.1% of the South African Tax money then the town would have been a sprawling metropolis today.

The little I know about Orania I can say with certainty they stretch every Rand to get the maximum out of it. If our government actually cared about making tax money go the extra mile they should just go to Orania and observe.
 
Hemps said:
That environment around them looks harsh and dry and yet they make it work, kudo's.
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What you see in Orania is the South African story.

Most farmland and famous wine farms today were setup in arid bushveld land and cultivated over time just as they are doing in Orania right now. Orania is almost like a living museum where you could observe the past almost in real time as they turn borderline **** into gold and you can observe the time and energy required to do that.

People today forget that back in the 1700 South Africa anywhere slightly north of the Southern tip was nothing more than just bushveld and dry desert like environments. So many people think that South Africa had all these quality land and green velds from before the europeans landed here. It only existed in isolated areas around the coast lines, inland before cultivation was a serious shithole. The land so many now want to claim is land that if they were to go back to the origin no one would have wanted and probably could not even sustain growing cactus.

I find it fascinating but at the same time I am concerned how long before they reach a sustained position that the South African government come in with military and simply steal all the hard work.
 
John Tempus said:
Progress is slow when you have no massive government tax money to throw around.

One thing I can say with certainty if Orania had access to 0.1% of the South African Tax money then the town would have been a sprawling metropolis today.

The little I know about Orania I can say with certainty they stretch every Rand to get the maximum out of it. If our government actually cared about making tax money go the extra mile they should just go to Orania and observe.
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I believe you. Anyone going out there to live in the middle of nowhere would really have to be willing to pull his finger to make it work as he will be fckd if it doesn't.
 
I used to be sceptical of cryptocurrency on the basis that it is basically informal fiat currency with no concrete asset to back it up. However, gold is much the same: it is valuable because it is desirable, not because it has great intrinsic value. Also, many companies have market capitalisation that is based on the desirability of their shares, not on the intrinsic value of the company. For example, the market capitalisation of Apple Inc. has varied by hundreds of billions of dollars in the span of months, without the intrinsic value of the company having changed. Jeff Bezos' net worth can change by billions of dollars in a day based on the fluctuating share price of Amazon Inc., without the intrinsic value of the company having changed. Facebook Inc.'s market capitalisation has increased by over one hundred billion dollars since the start of the year, without the intrinsic value of the company having changed. Facebook will eventually suffer the same fate as Myspace when a better social media platform comes along, and all this fake value will evaporate into thin air.
 
Exactly.

Rather than .com bubble the intrinsic value of the global economy may aswell be called .global bubble that goes through boom and bust phases with very little underlying value changes in between.
 
Bewlen said:
Wait, for realz? You make some numbskull ignorant comment, get called on it, and then you... play the race card? :ROFL:
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Jesus Christ....now I sommer pulled the race card?

Where exactly is the race card? That all Afrikaners happen to be white?
 
John Tempus said:
What you see in Orania is the South African story.

Most farmland and famous wine farms today were setup in arid bushveld land and cultivated over time just as they are doing in Orania right now. Orania is almost like a living museum where you could observe the past almost in real time as they turn borderline **** into gold and you can observe the time and energy required to do that.

People today forget that back in the 1700 South Africa anywhere slightly north of the Southern tip was nothing more than just bushveld and dry desert like environments. So many people think that South Africa had all these quality land and green velds from before the europeans landed here. It only existed in isolated areas around the coast lines, inland before cultivation was a serious shithole. The land so many now want to claim is land that if they were to go back to the origin no one would have wanted and probably could not even sustain growing cactus.

I find it fascinating but at the same time I am concerned how long before they reach a sustained position that the South African government come in with military and simply steal all the hard work.
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Nah, they don't have the workers and slaves to make it big scale.
 
NarrowBandFtw said:
what other kind is there though?

the ZAR is backed by the glorious governing power and skill of the ANC, f-ing miracle it hasn't hyperinflated yet

so which is the more "pretend" currency? ZAR or BTC?
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BTC does not make sense to me on any level hence my wariness of it.
 
SauRoNZA said:
Yes I clearly understand what both mean, you didn’t need to link me their explanations.

So please do explain how my statement amounted to racism for identifying the culture someone openly identifies themselves with?
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It felt like racism. Case closed.
 
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