No joke, I had one pool announce closing and flush out accounts in less then 7 days.  My coins were an involuntary donation to their cause, lucky Im not a big miner because that would be pretty upsetting for anyone spending alot of electricity as it was an alt coin setup.   Guild was well above the standard of many operations setup recently, caveat emptor

I pretty much agree with and its such a important point, so easily missed but its true that limited currency will tend to limit war.   We're not talking absolutes here, obviously people can fight but without a leash a government can become a dangerous thing to its own people, to other people to everyone who isn't within that power its off the leash and dangerous.

We recognise that democracy limits power of those at the top, they are guided by a need to satisfy their population.  On the other hand people recognise also that democracy is not without faults, mistakes still occur but in the main its a force for good.

So what about the money side of things and I agree that a non fiat limit here like bitcoin has is going to reduce war.   The reason is that the population immediately feels pain from government overspending on sources of war, weapons and massive military build-up.  Either democracy breaks down and a military dictatorship occurs or more likely the average person stops this excessive military spending and so war is less likely in most cases and certainly pointless aggression is restricted as people know its costs.  

When debt and fiat currency allows for massive expansion without pain of this spending being felt, its making war more possible and almost always this war will be pointless, unneeded aggression that benefits neither side.   Most obviously world war 1 did not need to happen and nobody gained from millions of deaths, it is contrary to capitalism I will argue to engage in war and death, productivity is wasted on every side

I do disagree with you on gold being fiat.  Work must be done to enable its mining, this requires alot of effort and attention diverted from elsewhere.  There is a feedback effect to it as a source of capital.   yes technology has enabled greater mining but still its growth is restricted far more then we've seen with the Federal reserve fiat system which is basically a currency of promises and political bargaining between nations mostly to the detriment of powerless people

Gold is easily measurable, its not a mystic art to compare its exact dimensions to its weight.    When gold coins were used, only one hundred years ago they would just have a clip in to fit the coin on a scale.   It had to both for a pure gold transaction, took 30 seconds tops

They wont ever stop all the places like silk and its not really anything to do with bitcoin that bad things exist in the world.   Doesnt the TOR back end still operate anyway.   Just seems a bit of an idealistic view of the world and of course thats met by locking someone non violent in a cage till he dies as if thats contributing any solution.  

They should be doing that instead of spending 50k a year for decades.  Just from the idea of providing value administration, maybe dont waste so much dam money unnecessarily and of course its political rhetoric as to the reasoning behind why they spend so much money not crime prevention

Are the top addresses, belonging to exchanges I think is most probable.   Then the company itself subdivides that into smaller amounts for each account but surely its not wise to store everything in one address so an exchange would avoid this I guess so bang goes my theory :p

I dont get how we can say this when large amounts of government treasuries came into existence from large deficits run by many governments.   This debt is then bought and stored by the central banks in majority, isnt this an expansion of those monetary base.   All that debt pays out dollars and the rates are variable

Ancient texts could be Greece, we can learn so much still from knowing one of the first democracies.  Doesnt have to be religion at all, those lessons were true 900bc and are still needed to be known now

Gold is a representation, its not the creation of anything but an elemental metal.  The native americans just left gold on the floor, it wasnt as highly valued for them and as a very mobile population of people a heavy but soft object was not a useful item to them to carry round.


I think you are talking about greed really which is just a basic human attribute, if you look at children playing they'll still try to horde all the toys even when they can only play with one at a time.   Its not really gold just we all have flaws as humans.    As you grow up hopefully we recognise what is worth fighting over or what is productive, turns out toys can be shared with no loss maybe you even gain the use of others not your own and so on.  

Gold as a representation can be a positive, yes its just a useless blob mostly but its also a solid representation of value which can be passed around.  IF shared, something productive happens in society and to me this is what capitalism is about.    We can miss that point our whole lives but we are better off exchanging our work and resources between ourselves not hoarding value

my understanding is that when I withdraw 100 from the bank with 10% fractional reservers, between us we have created an extra $90 into the economy.   When I put that 100 back into the bank, the inflationary effect is reversed.  My 100 deposited pays back the banks core $10 and that $90 leaves the economy though the bank may release it elsewhere, but for that moment.    Its rare that I can borrow money for no charge but sometimes it happens short term so in theory there is no gain or loss with this.  
  The other option is the bank goes bankrupt, in sum total all that credit is lost from somewhere; bond holders maybe even other account holders.  

Well I think productive business uses debt very well and repays it.   That leverage allows them to grow far quicker then merely waiting for profits, in some cases the business cannot exist at all without the debt as other market parties have too much advantage without scale afforded by debt.      An example maybe would be the setup of Dyson which are no doubt useful unique products which save time and wear in use, they are highly profitable but the inventor could not raise capital or gain backing at least at first.  Its revenue is 1.3bn and profit 300m which I think we can call the correct use of money creation for productivity and society is richer overall for being to do more with less work needed, hence its justifiable growth without just money inflationary
https://en.wikipedia.org/wiki/Dyson_(company)

So Dyson took out 100, profited 120 in his business from larger scale operation of good products.  Paid back 110, kept 10 and hence the economy grew bigger and bank itself can potentially lend 200 instead of 100.   This last part is where we have to be very careful on accounting as that is exponential almost explosive growth in theory.
   The relevance to the OP is correct usage of this money expansion is not being done properly, in banking or government so we have giant explosive potential in money creation used wrongly and its going to damage us and our economies.
 The relevance to bitcoin or gold or alternatives to dollar is they do not allow excessive political bias into money creation, hence we have a productive benefit and we presume these alternative economies will rise greatly as dollar spins its wheels in the mess of previous years

A universal server for a small game is a big ask.  I think you should say ranked games on official server but users can play on their own hosted servers any time they like, most people play for fun at first and a small game doesnt want to discourage people picking it up and starting as soon as possible.  WIth so much competition out there you almost instant action if possible

If Bitcoin becomes more popular then gold, the coin would be worth 100,000 each just because there is so few.    It does seem unlikely we'll see either scenario, all gold or all bitcoin.   On the other hand very likely is less dollar usage by people outside USA borders and quite a few different alternatives used more including bitcoin.  So BTC might get 1% of that old dollar business vs various competetion

Bitcoins allow for much cheaper transactions, the money is going straight to the person.   If you pay by credit card it's unknown how much profit they will get after various bank fees are applied.   Anyone who sells on ebay knows its not that easy.

Its probably more obvious for really low scale operations then big companies who wont tell you how much cost is in your bill for a credit card

I dont compare his crimes to Pablo Escobar or current ilk of that line of business.   He might be guilty of personally arranging some drug deal I guess but to put him on the same level of those druglords does seem political not logical.   My main point is I think it'll take time for a different perspective, they'll not consider anything acceptable as appeal and I doubt the justice system is robust enough to change the tide on politics influence in this.  He is about done as all those people convicted on DNA that was faulty, details dont matter when they have this absolute held over him

I'd say two decades maybe something like, people wont know or care what he might have done by then and maybe alot of the politics will move on.   The balance might shift so that there is goodwill achieved by freeing him even, its not like he is charles manson reaffirming his original sentence on every sight

Washington will run dry eventually, right now they are subsidised by other world governments who hold that debt as a trading piece.   Its an unlikely system to last forever when emphasis has shifted, after world war two USA was 35% of world production but now the thread is wearing a little thin that holds these things in place I think.   No great conspiracy required to see change, its natural I guess and an offshoot is less money for pointless incarceration.   Nobody much argues this but theres some positives to a failed system, stopping

If he is smart he will wait a while, not use up all his attempts on futile efforts.  Might require a change of administration.    My own take is that eventually punitive political offensives like this will not stand as and when government no longer has money to burn holding non violent prisoners, they will be more discerning who they throw away the keys on.  Right now its duck season and he was a good shot for +poll headlines, they'll not release so long as there is kudos in the balance

I dont think thats really the case for the ordinary person.   Just one coin be worth over $1000 dollars so its not hard for a modest citizen to hide their gold from confiscation.  Plain dollars of course have a value centrally held and its impossible to control if they will be taken or not.  Bitcoin again we could say well we're just take your computer but thats nonsense as it can easily be relayed elsewhere and kept as a virtual secret but I also say gold is very easy to bury somewhere remote and it wont rust and it cant be taken for the duration of a war and so on.  I'd rather not do that but I could, its a useful currency

Yes thats correct some middle east related banks work around credit and interest by guaranteeing to buy back your holding of Palladium for example at a higher worth then you deposited it with them.   I guess that works though Palladium is related to car exhausts and so subject to industrial demand and speculation, Im sure the price can fall but maybe its assumed over long term its a superior form of asset holding.  Certainly vs sub prime debt as tier 1 core holding the banks failed spectacularly in comparsion and I think alot of Asian banks also did well to opt out of this Washington DC influenced thinking - sub prime was of course largely subject to USA politics and government schemes even while traded abroad


Credit from capital works by default when any bank has fractional reserves.    Its a form of monetary creation in an economy (also destruction with default and bankruptcy so I guess this is the key to its balance?).   I agree its far beyond that when the central bank just 'invents' money based on their relationship to government and sole licensing of national currency.  In that case it seems like fraud, a failure to account properly but it works if nobody calls back their capital I guess; any gap can be met with leverage

Ive read a couple times that its assumed certain that the Federal reserve will now raise rates in December.     I doubt this and I think only a small raise would occur that still lags inflation.   However perception favours a stronger dollar and a weaker gold price though if dollar rises in value so then does the priced value of gold

I would sell all my bitcoins if I found a better investment for the cash as nothing should outweigh a good personal resource.   I would sell if BTC no longer exchanged as cash properly for some reason

Its all about the gameplay, I hope you are an amazing descriptive writer then I will answer your question yes.   It doesnt matter the medium used, if you have a tale to tell then people will always be interested of course.
   Basic graphics but Im interested in how it was engineered and at what level coded but sure I'll beta test some if wanted

Xcom and Payday are worth that much yes and its the full expansion pack of xcom including all the sequels and extra DLC released to date.    Its available if people want all 12 then its a great price and if only those 2 main ones its a fair price.
   Put it this way, if nobody wants it Im happy to play xcom multiplayer and it has a very big free mod to download on singleplayer which Ive never tried so if no interest thats not a big problem but those two options will take me ages to get through