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normally it is because the ground hog saw his shadow.
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I would time travel back to the first person who created fiat money, and kill them. I would also time travel back further to anyone who is fractional reserve banking, and kill them to.
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Two of the first ip`s that mined bitcoin were like a 3 hour drive in between each other. (probably remote viewing to a office computer) Also satoshi sent Hal the first transaction, if you created bitcoin would you not test it on your own address, like lol come on doods. I also thought Hal was satoshi for awhile, I also am pretty sure he is still alive. I mean in the blockchain of real time technically you never die, as everything is locked and time stamped in duration. Although bitcoin is like 99% of the work of these people combined References[1]W. Dai, "b-money," http://www.weidai.com/bmoney.txt, 1998. [2]H. Massias, X.S. Avila, and J.-J. Quisquater, "Design of a secure timestamping service with minimaltrust requirements," In 20th Symposium on Information Theory in the Benelux, May 1999. [3]S. Haber, W.S. Stornetta, "How to time-stamp a digital document," In Journal of Cryptology, vol 3, no2, pages 99-111, 1991. [4]D. Bayer, S. Haber, W.S. Stornetta, "Improving the efficiency and reliability of digital time-stamping,"In Sequences II: Methods in Communication, Security and Computer Science, pages 329-334, 1993. [5]S. Haber, W.S. Stornetta, "Secure names for bit-strings," In Proceedings of the 4th ACM Conferenceon Computer and Communications Security, pages 28-35, April 1997. [6]A. Back, "Hashcash - a denial of service counter-measure," http://www.hashcash.org/papers/hashcash.pdf, 2002. [7]R.C. Merkle, "Protocols for public key cryptosystems," In Proc. 1980 Symposium on Security andPrivacy, IEEE Computer Society, pages 122-133, April 1980. [8]W. Feller, "An introduction to probability theory and its applications," 1957. and notable mention Nick Szabo and Tim May So respect to them, Although I really do wish satoshi would come back and lead our species to freedom, because seriously we are pretty fucked if he/she does not. |
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Well there is well over 80 trillion fiat in circulation.
So let`s say .000000000000000000000000000000001 for a coke
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Lol I called this happening a few months back a few times  Next is when they steal the money right from the machines just like how they do it with visa`s at gas stations and atm`s. |
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I only use desktop computers and don`t use any phones.
I have not touched the phone or the television in over 20 years since I got me Pentium 1.
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I am happy, I am never not happy, just have a lack of joy sometimes.
The fact I live in a $lave $ystem and the general public is to stupid to realize it, is pretty depressing though.
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Conclusion You can`t teach old dog`s new tricks, especially when those new treats threaten their old ones. *looks at that last two guys on the list* https://giphy.com/gifs/fZYpipNos2ZxuIdMoHElon is right, he is also right about future AI wiping us out faster than we the think. Actually it already did and we live in its simulation already
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i think you are confused about what bitcoin is and what it isn't.
bitcoin is a currency, it is NOT a charity to give away free money to the poor. it is not supposed to create "free" or easy ways of anybody to mine it and earn bitcoin. you have to do "hard work" to earn bitcoin and the more valuable it gets the more work you have to do. and that work is increasing by difficulty and is the computing power you spend with your device. whether that device is a GPU or an ASIC is not going to make a difference. ASIC is not some evil creation it is just like CPU, GPU,... but it is re purposed to do only one special thing in an efficient way.
agreed - I love my ASIC's my prior comments are simply to point out that the only way to make it easier for those that cannot afford ASIC's would be to do hard forks on a regular basis making ASIC's less viable and gpu's more viable I doubt that will ever happen and I hope to keep on mining and eventually get even more ASIC's I am not confused about what btc is, considering I have never bought any with fiat, or sold any for any fiat. Which contradicts the entire first sentence of the white paper three times if you use a exchange, which I am sure you have done. It is peer to peer electronic-cash done with cryptography. The entire point of it, is to become a stand alone medium of a exchange, not a stock. Yes, Fiat, USD/CAD/YEN/EURO are financial institutions. https://bitcoin.org/bitcoin.pdf the first sentence is 3x oxymoroned, the second you trade bitcoin for fiat on a exchange. You use 2 financial institutions and you are no longer p2p. Anyways this will never happen until the general public holds most of the coins, it will not be the medium of exchange. This will never happen with how distribution is being done nowadays, before anyone could mine, now only the top asic pools can really mine it, even if the general public could mine, most of them don`t have a laptop or a computer, in which case my idea solves this, They just need a address, Which can be issued by a public computer. Believe or not, the best thing that could happen to btc right now, is for the price to crash hard, and give more general public a chance to get in.  Otherwise they will be using something else, mark my words. Walk down the street tomorrow, and ask random people if they know what bitcoin is, lol you might get 1 out of 1000 here in Toronto, which is a pretty tech savy city us cunucks we have nothing else to do in winter, out of that 1/1000 you might get .000001 that hold any amount of bitcoin. lol "hard work" being a bitcoin miner, come work on my fruit farm buddy, Learn what real work is. Us farmers are the only people who can delete the debt as we can create something from nothing, that has real world use, keeping people alive, creating more creations that can create at the cost of our own lifespan. Well I guess I should just turn all my fruit farms into bitcoin mining farms, and fuck people and their food supply needs. lol https://youtu.be/K8kua5B5K3I?t=450 "hard work" playing path of exile. Hard work, makes you blood, sweat and tears spill onto the land bud. Not play fucking video games, while you afk farm currency, well I guess your not afk you are playing games and sleeping at "work", which is a job btw, not work and far from hard work. |
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just hard fork btc every 3-4 months - will eliminate ASIC's as they are useless after a hard fork - they cannot adapt to the change. Some Altcoins do this as soon as a company produces an ASIC for their algo
BTC has avoided hard-forking for over 10 years now. Let's start doing 4 per year. That sounds like a reasonable suggestion. I get it, that works for smaller coins with less services and plurality of wallets. But I can imagine the chaos that BTC would stumble into with this.
The beauty of it all is they don`t even need a computer or hash rate to give them equal coins via duration, They just need a address, it could even look like a credit card. Then you don`t even need the hash rate, that can be used on solving diseases.
You can prevent overpowered pools, or giving 1000 votes to 1 guy. That is what we are doing right now, instead of everyone getting 1 vote, some guy because he is rich because of the old bullshit system can buy 10000000000 of votes *asics*.
Sounds great. Sounds also like something completely different than bitcoin. Go pursue it, but do it as a new project, don't attempt to force bitcoin into something it isn't. I mean it could be pretty easily applied to bitcoin. https://www.youtube.com/watch?v=Y7TLFyK_3Pk Here is the ending of your mining of bitcoin. Have fun with that, your great great great grand kids will either be slaves, or be the ones enslaving them. You know Jeff Bezo`s could buy the entire worlds gold supply just with the interest alone in his account in two years, yah good luck with that shit. 99% of the people going to be living on the streets, because 1 asshole has 6374578962378462783943781 houses, because he has unlimited interest money to keep fucking buying everything. That includes the bitcoin supply and asics. spoiler: in that simulation not just does 1 team win, 1 person wins in the end, that is the end of the bitcoin "experiment" Gavin. |
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The "system" cannot magically give people equal hashrate because people can own more than one piece of hardware. First you said there were no pools, but now you realise you have no way of preventing them from forming.
This sounds very much like a fanciful wishlist rather than a well considered plan of action.
The beauty of it all is they don`t even need a computer or hash rate to give them equal coins via duration, They just need a address, it could even look like a credit card. Then you don`t even need the hash rate, that can be used on solving diseases. You can prevent overpowered pools, or giving 1000 votes to 1 guy. That is what we are doing right now, instead of everyone getting 1 vote, some guy because he is rich because of the old bullshit system can buy 10000000000 of votes *asics*. You want decentralization, this is it. You want a legit money supply, this is it. You want to leave our kind with a future, this is it. |
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Well pools create centralization, so the idea is, there is no pool`s just individuals
Individuals whom you've just invented a way to prevent from working together? now give each individual equal hashing power
And who's this doing the " giving" part, exactly? Well people are free to work together so long as they have equal hashing power, then you will need at least 51% of the people themselves to create a "attack" although, it would just be a decision by the majority of the people using the network, unlike now where 1 or a few guys could change the entire system. The system is giving it, just like it does now. Think of it this way, even if we went by populations, China would only have like 30% of the votes, if they all pooled together. *granted the U.N and world leaders should take their heads out of there ass and stop with the clown fiesta fiat show* btw, China has 81% of the hashing power in their nation at the moment, and it`s a communist government, I much rather them have 30% and that's if all the people in that nation teamed up. |
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Delete asics and pools, thank you!
Gee, I wonder why no one thought of that until now. Oh wait, that's right, people have been saying it for years and still none of them can come up with a way to implement it that doesn't involve coercion and centralisation. Tell us how you would prevent it. It least provide some entertainment value for this otherwise dismal topic. Well pools create centralization, so the idea is, there is no pool`s just individuals, now give each individual equal hashing power, ok now we have a non ass tier system. Ideally no money would be good for our species, but will figure that out in 100 years when we can`t make it to the next star system because a few peoples greed. |
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Delete asics and pools, thank you! Asics make it so the poor do not have a chance to mine Pools lead to 51% attacks in the future and centralization If you are trying to make a legit supply of money, everyone should make it, at the same rate, who is going to accept it. Let`s be real we don`t need all that hashing power to secure a network, we need equally distributed hashing power per participant to secure the network, true decentralization. That hashing power and power itself could be cracking the code to solve ALS and Cancer, no joke. Everyone should be able to run a node, even in a "third world country" if given a digital address to their id, which also could remain anon. *I know we live on the same world, I don`t know what moron made that term "3rd world" for real you guys fucked over us the general public for over 1000 years, can you just make a system that is not complete dog shit, it will actually give people incentive to work, otherwise expect this x1000 in another 50 years. https://www.youtube.com/watch?v=KF7hWzqdPDk |
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Funny he wants to take down the guys who made fiat the ccp, good luck with that, they have unlimited money for 900 more years than the Americans. I see there people come here by the bus loads at the Casino`s in Canada to use them as mixers. |
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r.i.p brother, r.i.p.  |
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1. Everyone makes the supply at the same rate. (because equality mother fuckers)
2. Some % of the network fee`s get put into a pool where all the users vote where they go to. (so we can start a bitcoin society)
3. Everyone on the network is 1 vote, not whoever has the most cpu power. (because equality mother fuckers)
So the man who cleans the street gets paid the same as a brain surgeon? Not sure about that.It also sounds more centralised than what we have now. Everyone has an address (bank account?) they get paid into and which is managed by someone else. Also people don't bother voting unless they really have to. No, you can pay someone 20 duration coins in a hour, and you can pay another man 40 duration coins in a hour. People don`t vote because they are voting someone to vote for them, instead of just voting on issues and paying themselves and even then you only do it if you are willing. |
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I think even if Satoshi Nakamoto is found, he/she will have trouble with governments and there will be no benefit.
What if Satoshi Nakamoto himself is, the government, the CIA, the FBI, or the UN is ready to punish and who has the problems you are facing, of course there isn't. What do you mean what if? The NSA and FED created the shit. |
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Hey Lil Wayne, I know your a goon, but what is a goon to a goblin?
They can just buy the bitcoin with the fiat, you dumb fuck, in unlimited amounts and we have to re buy the bitcoin off them.
Player getting played by that fiat 2.0 bitcoin instead of earning a supply everyone makes for free at a equal rate.
"they got money for wars but can't feed the poor" Tupac
Who can buy unlimited amounts of BTC? There's a limit there methinks. Of course the issuers get to buy up all the BTC they can as long as people will still trade for their fiat, that's why the price is so high. Just like the houses and the stocks. Tupac's got it right for sure. There is a limit sure, but if you value my unlimited supply at $.00000000000001 or $1 I get you entire limited supply for free all the time. The issuers are miners, but they can buy all the asics to, and control the network whenever they want  You want a supply that everyone makes at a fair rate, not just rich who can centralize it anytime they want check out www.bitswift.cash, inflation by participation. You also get paid to vote instead of voting people to vote for you and paying them. granted the guy that host this site should mark the price of bitswift.cash in bitcoin and not fiat on his ticker on the site, but the bitcoin price is fixated on fiat price, so what both bitswift and bitcoin need to do is start exchanges for time, should not be to hard. currently 1 bitcoin = 906 hours. |
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