Is that your way of saying that homesteading the Antarctic seas requires a hyperactive imagination? As in its just a fantasy?
There is already work being done on this. They refer to it as seasteading instead of homesteading. Same concept.  There is a lot being put into this in an open sourced way. Here is an engineering report on seasteading: http://seasteading.org/files/research/TSI/engineering/Feb2011_Report_p1.pdf |
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You can't homestead an ocean. Japanese whalers would have first claim.
Interesting concept though. It assumes that people will take care of the species if they own it. I'd want a guarantee as there are a minority of jerks in the world and if one owned all whales he should not have the right to exterminate them but assuming a decent owner you are probably correct.
You can homestead a piece of the ocean in the same way that you can homestead a piece of land. You establish "residency" in a way that allows others to understand that you are the rightful owner. On land you have to clearly mark your territory and live there for a few years. There are plenty of ways with modern technology to mark your territory in the ocean. As for whales, just like cows, whales could be herded and sold in the same way. There would be a disincentive to let whales go extinct. Here is an article that addresses bluefin tuna: http://mises.org/daily/4879"If people owned portions of the ocean, then the bluefin tuna would become as ubiquitous as cattle."As for the fish or whales traveling from property to property: To be sure, there would be logistical difficulties in privatizing the oceans. For example, if it turned out to be too costly to sink large nets deep enough into the water at the property lines, then the fish could easily swim from one owner's property into another's. The situation would be analogous to one on land before ranchers developed barbed-wire fencing.
In such a scenario, one solution might be for entrepreneurs to buy many adjacent chunks in order to own an enormous volume of ocean water, so that the owner(s) of any consolidated property could expect to reap most of the benefits from limiting the amount of fishing that could take place on its surface.
Alternatively, it might make more sense to establish property rights in the sea creatures themselves, analogous to branding of cattle. To track their swimming property, the owners might use radio collars (for whales and large fish) or coat the schools of smaller fish with a harmless radioactive substance. |
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There's a small group of early adoptors though, who all have 300k+ bitcoins
It does not appear from the video that there is any early adopter holding a huge amount of Bitcoins. |
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Hint: they live in the oceans which no-one owns.
Part of the problem. |
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Bitcoin would make for a great local currency. If local people all accept Bitcoins, then they will tend to spend it locally. This would encourage people spending on local businesses helping the community to grow. See: http://en.wikipedia.org/wiki/Ithaca_Hours |
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It needs to be P2P
Definitely, this is why I said it needs to work like Bitcoin. It does not necessarily need to be built into the client. A separate exchange client should work. |
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I e-mailed Netflix  No reason they would have much difficulty accepting BTC for subscriptions. |
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And what exactly does a dog in someone's backyard have to do with anything?
I will type slowly so that you understand. Your dog is your property. If someone shoots your dog, they will be held legally liable. With no public land then all animals in the world are someone's property. Any harm to someone else's property will be held legally liable. Do I need to type slower? |
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As for the free rider thing....perhaps you missed the part where I received a letter in the mail that said "pay $20" per month or pay per service. So if your house is on fire but you did not pay your monthly fee they will put the fire out. Then you get a bill for $2,000 which is covered by insurance. Sure, you could say that that is not very free because they force you to pay even if you do not want it. As for your example of a bunch of houses next to each other. There was recently a news article about someone who did not pay for the fire service. This is what happened: http://www.msnbc.msn.com/id/39516346/ns/us_news-life/t/no-pay-no-spray-firefighters-let-home-burn/"No Pay, No Spray" personally, I would have allowed the guy to promise to make the $2,000 payment if he really wanted it put out...but a fire company can let a house burn... And just a personal FYI...if your house is on fire beyond just a simple kitchen fire...let it burn to the ground. The cost to clean up and fix your house is more than just clearing out some rubble and starting from scratch. And you get the full amount of insurance if it is completely destroyed. |
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Could those developing software please post links to this site so we can match them with our potential businesses? I know that there are some POS systems out there and more under developement.
I am not thinking that the POS part is as big of a deal as the accounting portion. You have a day's worth of customers paying in Bitcoins going into a wallet and you have to trust an employee somewhere not to access that wallet and copy it onto his home computer. That end of things needs some work. Right now it is ideal for a small business with a single owner. |
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I do believe that large companies will need some software that would help them deal with Bitcoins.
I am not saying that it is impossible to create that software, but that the software has not yet been developed because we are not at that level yet.
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I will contact my local Federal Reserve bank...
*fingers crossed*
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Ok, I have been thinking on this a bit more.
The money account side of the equation could actually be dynamic over time.
It could be set up so that most of the "miners" have several different means of holding or transferring money. Whether it is through Dwolla, Paxum, Libert Dollars, whichever. They would link up with another miner who has the same money service and exchange money that way.
Thoughts?
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The manipulator is back!!!
But this time instead of buying a shitload of Bitcoins then selling them making the price go all screwy...he is messing with us by making sure that the price is VERY stable...
Man this guy is diabolical!
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Many of these games charge you money to get "coins" or "gold" or whichever game currency they use.
They could charge the same and use Bitcoins as the game currency.
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http://tampa.craigslist.orgSearch: Bitcoin Results: Sep 29 - Coin Operated Stainless Steel Car Vacuums (5) Accepting BitCoin - $300 (South Tampa (by IKEA)) barter pic Sep 21 - Gortex Jacket DCU Desert Combat Uniform - $40 (Dale Mabry) clothing & accessories pic Sep 21 - BDU's Woodland Camouflage - $10 (Dale Mabry) clothing & accessories pic Sep 19 - Bitcoin Miners - $3000 (Clearwater) computers & tech Sep 18 - Microwave w/ Rotating Plate, White // Sunbeam - $20 (Element Highrise (Downtown Tampa)) household items pic Sep 17 - ***********FREE BELT! Saturday only********************************** - (Tarpon Springs) clothing & accessories pic Sep 15 - DCU Desert Combat Uniforms - $10 (Dale Mabry) clothing & accessories pic Sep 15 - SOLID Wood Coffee Table // Antique, no fake wood! - $50 (Element Building (Downtown Tampa)) furniture - by owner pic Sep 15 - Black Leather Gaming Chair w/ Huge Bass and Orange Stiching - $50 (Element Building (Downtown Tampa)) furniture - by owner pic
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I have never seen a news story say "The DOW fell below 9781!!!"
Also, you might have 1000 Bitcoins and want $10,000 so you sell at $10. It is a lot different from having $9,940 psychologically even though that is only $60.
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Now, tell me, how would your system deal with the near decimation of the blue whale population that occurred in the mid twentieth century?
What would happen if someone came into your back yard and killed your dog? Would you have legal ramifications? Blue whales will never be in my backyard, nor will they ever be on my property. However, since you the bring the dog up, explain to me what cattle ranchers do to address riparian growth, or more correctly, why they don't care, since that's closer to your dog scenario. What if someone came into your waterway and killed one of your whales?
Study the causes of the near extinction of the blue whale species. Get familiar with the history. Understand what the situation is with the blue whales today. Address how property rights fits into all of that. If you want, you can start also thinking about what the limiting factors are on the annual global fish haul today, as opposed to 150 years ago. How soon do you believe that chickens will go extinct? How about cows? Blue whales will never be in my backyard They could be... http://seasteading.org/ |
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