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1001  Other / Politics & Society / Re: If Anarchy can work, how come there are no historical records of it working? on: May 27, 2013, 08:01:16 PM

And nothing has changed....

Much has changed.

Fair point.  What I meant was the strong still invade the weak.  

Yes; but examples of cultures/societies that were more anarchist than anything else have existed, some of which existed without major issues for longer then the United States has existed in total.  I'm not an anarchist either, and I do agree that the world isn't really ready for a total self-governing society just yet.  But the key word there is 'yet'.  The age of the Internet has brought us real examples of voluntary associations able to perform complex social functions that only governments and/or corporations had the organizational structures to perform effectively before.  Bitcoin is one beautiful example of this; as it performs the function of a central bank & minimalist regulatory structure entirely without compulsion, and largely without any third party human intervention at all.  I can't imagine how the other problems may be solved (collective defense & funding of same, being the primary issue, and the one that you highlighted) but that is not to say that they are not solvable.

Furthermore, your complaint is an issue with sustainablility, yet history displays the error of your thinking; as nation-states are not much more stable than the odd anarchist culture.  They also, historicly, have a habit of invading one another every few generations.  The execeptions to that rule also happen to be the most anarchist of nation-states to have existed, such as the union of Swiss Cantons prior to this past century.  Who also happen to have had, and somewhat still do have, a clanish & militant culture; which is why they were not themselves ever conquered fro without; as any attempt to do so resulted in a loose union of city-states to band together and actually act like a nation-state in the shadow of any external threat.  The Swiss cantons were so stable, that they existed as functionally independent city states for eight hundred years, while the nations that go by the names and borders of Britian or France suffered through wars of succesion, military coups, popular revolutions and religious civil wars; functionally re-inventing themselves every couple hundred years at best.

The nations-states we commonly refer to as "Western" are all between 150-250 years old (excluding the entire WWI & WWII debacle) and are thus all getting a bit long in the tooth.  Hell, Britian itself is overdue for another religious civil war; and the French have been inclined towards killing their own leadership for a couple of tense decades already.  A quick move towards an anarchist-like nation-state might be the best chance to avoid getting sucked into another world war, no matter it's long term risk factors.
1002  Other / Politics & Society / Re: If Anarchy can work, how come there are no historical records of it working? on: May 27, 2013, 07:20:24 PM

And nothing has changed....

Much has changed.
1003  Economy / Economics / Re: My bank account's got robbed by European Commission. Over 700k is lost. on: May 23, 2013, 05:06:36 AM

I know of several individuals who have felt it better to take the tax hit and just "suck it up" so that they could be sure they could have SOME of the money rather than wait for the eventual confiscation that ends with them having nothing.  It's not a confiscation in the Cypriot sense, but more like a confiscation in that the only thing allowed to be in the retirement accounts end up being a rapidly depreciating asset issued by the US Gov't.

I'm sortof doing that, actually.  I'm in the process of buying about 5 hectares of mostly undeveloped forest land.  I live in a climate wherein trees grow readily without help, so according to the US government, the actual land is worthless; but it's still a viable investment under some conditions.  Most of the value, according to everyone else, is the house that sits on the land.  The house is barely livable, and I consider the ~3K trees to be the valuable part of the deal.  I figure that if I must, I can grow a garden and sell firewood, should the pols succeed in taking the remainder.

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How much do you trust your wife, LOL?  (There is a potential exemption buried in divorce law, believe it or not!  It doesn't work for everyone, but maybe it might work for you?)

I trust her fine, and she is waking up, but that doesn't yet matter.
1004  Economy / Economics / Re: My bank account's got robbed by European Commission. Over 700k is lost. on: May 23, 2013, 04:58:21 AM
Also, if you are in the United States, you know that retirement account you thought you had?  Perhaps now would be a good time to cash out and go physical instead of one's and zero's...!

My wife would never let me do any such thing, until the day that I can show her that it's already happening to others, by which time it will probably be too late.  The only thing that I can realisticly do is take out a "loan" against it, for which I can only get half of the nominal value and I have to pay back.


The thing to show her is not in the current marketplace in the US, but in the history of what happened in Argentina.  This time is NOT different...

You and I know that, but it's really hard to convince a woman that Argentina is a case example comparable to the United States.
1005  Economy / Economics / Re: My bank account's got robbed by European Commission. Over 700k is lost. on: May 22, 2013, 10:10:03 PM
Also, if you are in the United States, you know that retirement account you thought you had?  Perhaps now would be a good time to cash out and go physical instead of one's and zero's...!

I think that you know that is easier said than done.  For most people, the tax consequences alone of early withdrawal results in most people delaying such a decision.  My wife would never let me do any such thing, until the day that I can show her that it's already happening to others, by which time it will probably be too late.  The only thing that I can realisticly do is take out a "loan" against it, for which I can only get half of the nominal value and I have to pay back.
1006  Economy / Economics / Re: My bank account's got robbed by European Commission. Over 700k is lost. on: May 22, 2013, 07:09:47 PM
In the US it is illegal for such a thing to occur.

And yet, it happens anyway.  Worse, in the US the bailouts were added to the deficit, to be paid by my grandchildren instead of current taxpayers.  That's such an awful precedent I can't see any path back to respectablility for the US.  The current deficit is impossible to repay already, and continues to grow.  Default and economic breakdown are inevitable.

Furthermore, so many things are illegal in the US today, the average middle class American commits 3 felonies per day without their own knowledge of the violations.  The IRS scandal right now is proof that the average government agent is not aware of the laws that govern his own job, and that the basic understanding that picking on a group that you don't agree with is a felony was absent from the IRS.  It's also absent from the ATF, I've seen that one personally; and government agents tend not to listen to those around them who have a deeper understanding of the law.

1007  Other / Off-topic / Re: WARNING: FORUM IS LOGGING IP FOR CONFISCATION, THEYMOS UNDER PLEA BARGAIN on: May 21, 2013, 08:32:39 PM
Yes, be safe.  Use a brain.  Good words to live by.  If this thread is deleted now, I'll eat my hat.
But... gone will be the proof that you said this....
So would my hat.
Easy to say now, but when the thread gets deleted, are you going to go all MNW on us?  Cool

We'll never know.
1008  Other / Off-topic / Re: WARNING: FORUM IS LOGGING IP FOR CONFISCATION, THEYMOS UNDER PLEA BARGAIN on: May 21, 2013, 08:20:35 PM
Yes, be safe.  Use a brain.  Good words to live by.  If this thread is deleted now, I'll eat my hat.

But... gone will be the proof that you said this....

So would my hat.
1009  Other / Off-topic / Re: WARNING: FORUM IS LOGGING IP FOR CONFISCATION, THEYMOS UNDER PLEA BARGAIN on: May 21, 2013, 08:14:35 PM
I have recently became aware that Michael Marquardt, the forum administrator known as theymos, is under a confidential plea bargain (assisting another to retain the benefit of crime; acquiring, possession and use of criminal proceeds).


I seriously doubt that, but...

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 The forum is logging all access to bitcointalk as well as numerous community sites, including bitcoin.org.


...this is true.  It's a talk forum.  It logs all access as a necessary part of it's primary function.  If this makes you want to find your tinfoil hat, hide in the closet and suck your thumb; perhaps you shouldn't be using this forum?  Or any forum, for that matter.

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This is because the Federal Reserve is about to announce a bitcoin confiscation similar to the closure of the gold window decades earlier. The Department of Homeland Security will knock on the doors of people who have accessed bitcoin related sites multiple times, or is an active user.


Heh.  Good luck with that one.

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Be safe and use a brainwallet! This message will be deleted soon because of Michael Marquardt's plea agreement, however spread the word.

Yes, be safe.  Use a brain.  Good words to live by.  If this thread is deleted now, I'll eat my hat.
1010  Economy / Economics / Re: My bank account's got robbed by European Commission. Over 700k is lost. on: May 21, 2013, 04:16:40 AM
And if you now correctly consider that 700k a loan by your corporation to the bank instead of your corporation's money in the bank? Does that change your tune?

Banks give you access to your money whenever you want and give a higher return rate than what the OP will probably ever get of his 700k EUR.

The cause of this OP is proof enough that is not so.
1011  Economy / Economics / Re: The deflationary problem on: May 19, 2013, 04:39:27 AM
Ok, it's not obvious, it is just my opinion.
To me the consensus algorithm is the most promising alternative to PoW for public p2p accounting, mainly because it is the only alternative I know.


Much better.
1012  Bitcoin / Bitcoin Discussion / Re: Who is Satoshi Nakamoto? on: May 19, 2013, 04:38:53 AM
But that just gives control of the spigot over to the operator instead of the contract owner that employs the operator. The station would be more secure with any petroleum dispensing equip.

What?  No it doesn't.  There need not be an operator at all.

Go back and read # 7 again.  Keep doing it until you grok it.

https://en.bitcoin.it/wiki/Contracts
1013  Bitcoin / Bitcoin Discussion / Re: Who is Satoshi Nakamoto? on: May 18, 2013, 08:14:45 PM

Is this the same guy who posted on his blog the same thing a month ago?  If not, this guy is going to be very disappointed that he was not the first to make this connection.
1014  Bitcoin / Bitcoin Discussion / Re: Who is Satoshi Nakamoto? on: May 18, 2013, 07:57:48 PM
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First off, those are distinctly different professional disciplines; so just knowing what he needed to know from each of those disciplines without screwing it up was no small feat.

Furthermore, there is more to Bitcoin than you seem to be aware.  The way the security methods and economic incentives fit together is not simply complex, it's probably perfect.  There are subtle, secondary security features in the protocol that; while not making the 51% attack impossible, do contribute to making it generally unprofitable.  Most of these secondary interactions are not mentioned in the white paper, but were present from very early on, and were not simply added to the protocol later.  Just consider what can be done with blockchain enforcable contracts.


https://en.bitcoin.it/wiki/Contracts


I like that idea, that would be like a public ledger for contracts so any changes made would be seen by the network, but can you imagine a contract written as a system? Programmed right into code, tamper proof from both parties and in effect observed at all times? Smiley that would definitely be interesting.

Mostly these are implicit contracts, managed by the electronic devices doing the interaction on behalf of users.  I'd wager that not one in 10K will really know or care how their cell phone can incrementally pay for petrol in bitcoins without a need for trusting either party.  When you drive up to a gas pump and call the attendant for a self service cash fill up, he has to trust that you will come in to pay afterwards, and not drive off.  If you walk in and pay cash up front, you have to trust that they will give you any change back.   But both of these things require that a human observer oversee the business's side of the transaction.  However, people do like the convenence of driving up to a pump and using a credit card at the pump.  So does the company.  With contracts, this is possible using bitcoins, entirely without a human observer making any such decisions to prevent drive offs.
1015  Economy / Economics / Re: The deflationary problem on: May 18, 2013, 07:49:49 PM
Obviously the most promising alternative to PoW is Ripple's new consensus algorithm.

That's not at all obvious.

Do you know any other alternative for p2p public accounting?


Doesn't matter what I may or may not know.  It's an objective observation that a consensus algorithm is not an obvious "most promising" anything.  If you hadn't stated it as if it were fact, I wouldn't have objected, but that is not what you did.  Your opinion may or may not be shared, or supportable with objective or subjective arguments, or even considered common knowledge; but it is still an opinion.

I really have no opinion on whether or not ripple's new consensus algo is "the most promising alternative to Pow" or not.  I consider that a silly idea on it's face.  My personal opinion is that comparison is akin to the next most promising alternative to good health, life or freedom; the next most promising alternative is not usually acceptable.
1016  Bitcoin / Bitcoin Discussion / Re: Who is Satoshi Nakamoto? on: May 17, 2013, 09:30:18 PM
Whoever Satoshi Nakamoto is, he's an amazing mathematician, and truly a visionary.
Why? Because he was familiar with elliptic curve cryptography?

My impression is that Satoshi was not an expert in anything. He was a generalist. He knew just enough about cryptography, programming, economics, and peer-to-peer networks to make Bitcoin.

He needed the cryptography knowledge to know the properties of ECDSA and hashing functions; programming to actually write the code; economics to know there was actually a need for private, unrestricted money; and peer-to-peer networks to know that this was also needed to make Bitcoin robust.

First off, those are distinctly different professional disciplines; so just knowing what he needed to know from each of those disciplines without screwing it up was no small feat.

Furthermore, there is more to Bitcoin than you seem to be aware.  The way the security methods and economic incentives fit together is not simply complex, it's probably perfect.  There are subtle, secondary security features in the protocol that; while not making the 51% attack impossible, do contribute to making it generally unprofitable.  Most of these secondary interactions are not mentioned in the white paper, but were present from very early on, and were not simply added to the protocol later.  Just consider what can be done with blockchain enforcable contracts.


https://en.bitcoin.it/wiki/Contracts
1017  Economy / Economics / Re: The deflationary problem on: May 17, 2013, 09:22:08 PM
Obviously the most promising alternative to PoW is Ripple's new consensus algorithm.


That's not at all obvious.

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It is still unclear to me if it leaves PoW obsolete, since PoW seems to be more trust-less and robust.



It certainly doesn't leave PoW obsolete, it doesn't even serve the same function.  Ripple is a p2p credit system.  It's not a monetary system at all, and it's recent attempts to develop it's own internal currency are going to hamper it's utility.  They are simply trying to be all things, and it's not going to turn out well.

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But I don't see how the consensus can fail, maybe someone sees it when it becomes free software.


Oh, consensus can certainly fail.  Deadlock for a necessary change is a failure.
1018  Other / Politics & Society / Another government revenue scheme that is bound to float the BTC exchange rate on: May 17, 2013, 09:17:16 PM
http://www.zerohedge.com/news/2013-05-11/argentinas-modest-proposal-buy-bonds-or-go-jail

However, if this even halfway works in Argentina, the US will be next.  Only the US federal government knows exactly where those retirement accounts are.
1019  Other / Beginners & Help / Re: Bitcoin is NOT under attack from the government, at least not yet on: May 17, 2013, 06:41:07 AM
The problem is the US government can't track, or make money off of Bitcoin. Therefore, it doesn't need to exist. It COULD be used by drug dealers and terrorists. They can't stop Bitcoin itself, so they are going to go after the payment processors. You stop the payment processors from trading bitcoins for currency, you stop the problem. You don't have to kill Bitcoin, just make it so people can't trade it in for real currency.

Yeah, good luck with that.

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Yep. Writing is on the wall. This is the same thing that happened with online poker. First you go after the middle man, then you force the banks to stop accepting deposits from known exchanges.

The poker players just changed to bitcoin.
1020  Other / Beginners & Help / Re: Bitcoin is NOT under attack from the government, at least not yet on: May 17, 2013, 12:58:20 AM
I would think that if the government want to stop bitcoin something will be done soon, if not it'll get to bigh to stop. Smiley



It's already too late.
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