Uh.. yes you can. Creativity is a skill you get better at with practice. And I don't mean graphic design, I mean inventing and improving the way things work. Manual, algorithmic labor has been replaced with robots a long time ago. Now it's all about doing custom inventive stuff that robots can't handle (even simple stuff like grabbing weirdly shaped lettuce leaves to place on a round bun)
Think realistically - most people who are capable on creativity already do this work. From billions of workers replaced by robots only few percents (or even fraction of percent) will be successfull enough to earn on living with creativity! Yes, and they will starve and die. Or become desperate enough to survive to figure out how to survive. So what? |
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I've noticed more and more people staring at me in public now
Were you wearing the tutu on those occasions? No. Normal clothes... Let me rephrase that. Was you wearing the beard? You got it backwards. I've seen Phinnaeus in person, and I know for a fact that he actually IS the beard. The rest of him just grows out of the beard, not the other way around. |
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And hey, those asses at http://www.donkeyrescue.org/ added a bitcoin donation option, too (they finished changing their website, but forgot to tell me, and I just remembered them and decided to look). So, we'll have one more donation going out in a bit. There is apparently a minor issue wit BitPay: the defualt settings don't allow for more than $100 or so per donation  I looked through my ow BitPay account, but can't find where to change it. E-mailed BitPay support. Hopefully they will change the default limit for donations to $1,000, because otherwise we'll keep running into this issue every time (this is the second or third time I ran into it) |
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I f'in LOVE BitPay. Wait, 800 members? You already sold 800 tickets?! |
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1) Backing is a guarantee (weak or strong) that the media of exchange will be accepted for goods and services in the future; that it retains its purchasing power. Your definitions are not helpful. Look at the goal of backing and go from there.
You just made up your own personal definition of "backing," which most people would just call "hope." Nothing is guaranteed to retain purchasing power. |
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Anyway, keep in mind that when you have enough bitcoins you can go living anywhere in the world. You don't need to live in a nazi shithole anymore :-)
We're all sticking around for the health insurance. |
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You can't replace creativity (not yet).
And also you can't will it unlike manual , algorithmic labor. So if you depend on creativity as your source of life necessities , you are pretty much at the mercy of outside circumstances. ( it is called being f****d ) Uh.. yes you can. Creativity is a skill you get better at with practice. And I don't mean graphic design, I mean inventing and improving the way things work. Manual, algorithmic labor has been replaced with robots a long time ago. Now it's all about doing custom inventive stuff that robots can't handle (even simple stuff like grabbing weirdly shaped lettuce leaves to place on a round bun) |
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We really hope for the beginning of February. If it is done by January 24'th I'll demo it myself in Miami (which I doubt, as we have the first internal prototype demo by January 15'th)
Wow, didn't know you'll be going all the way to Miami. Will be great to see you again (maybe you could do a private demo like you did in San Jose  |
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Did I miss anyone?
I'll update the accounts tonight, and will be able to run a "customer" report to compare to our online list. BTW, I just renewed the registration for the bitcoin100.org domain - hard to believe it's already been two years since Bruno launched this project.  Hard to believe I'm still doing this sh* Edit: Current Account Status:
BALANCE SHEET
฿191.77377135 Assets <<<--- This is how much we have left to give out
฿138.37377135 BTCWallet
฿4.40000000 Freequant_Wallet
฿45.00000000 MemDeal_Wallet
฿4.00000000 Teukon_Wallet
฿605.70171698 Expense
฿605.69351698 Contributed_to_Charity
฿0.00820000 Transaction_Fee
฿-617.21645566 Income:Available_for_Charity
฿-180.25903267 Liabilities
฿-126.85903267 Contributed_Pledges
฿-4.40000000 Freequant_Contributed
฿-45.00000000 MemDeal_Contributed
฿-4.00000000 Teukon_Contributed
--------------------
0
List of charities that received contributions:
12-Mar-21 Group B Strep Inter.. ..ntributed_to_Charity ฿127.35400000
12-Jul-20 Kenija2012.com ..ntributed_to_Charity ฿100.00000000
12-Dec-14 BUND Berlin e.V. ..ntributed_to_Charity ฿100.54164468
13-Jan-02 My Refuge House ..ntributed_to_Charity ฿100.00000000
13-Mar-22 BitcoinTheDocumenta.. ..ntributed_to_Charity ฿13.96454230
13-Jun-02 fr33aid.com ..ntributed_to_Charity ฿8.30080000
13-Jun-02 generationsofhope.org ..ntributed_to_Charity ฿8.28000000
13-Jun-07 SongsofLove.org ..ntributed_to_Charity ฿9.10000000
13-Jun-07 antiwar.com ..ntributed_to_Charity ฿9.10000000
13-Jun-07 fesslerfoundation.org ..ntributed_to_Charity ฿9.20000000
13-Jun-21 handinhand-patensch.. ..ntributed_to_Charity ฿9.18500000
13-Jun-21 hiphopchessfederati.. ..ntributed_to_Charity ฿9.86810000
13-Jun-21 iccf-holland.org ..ntributed_to_Charity ฿9.18500000
13-Jun-21 sternenhof.eu ..ntributed_to_Charity ฿9.18500000
13-Jun-21 watsi.org ..ntributed_to_Charity ฿9.18000000
13-Jul-12 asiconservachile.org ..ntributed_to_Charity ฿10.59590000
13-Jul-12 spices.org.my ..ntributed_to_Charity ฿10.59590000
13-Aug-03 khanacademy.org ..ntributed_to_Charity ฿9.63300000
13-Aug-08 virtualdoctors.org ..ntributed_to_Charity ฿9.48770000
13-Aug-25 generationgreen.com ..ntributed_to_Charity ฿9.17000000
13-Sep-21 panperu.org ..ntributed_to_Charity ฿8.11810000
13-Nov-15 primateeducationnet.. ..ntributed_to_Charity ฿2.44000000
13-Nov-17 esquinatangoaustin... ..ntributed_to_Charity ฿2.10520000
13-Nov-21 ibme.info ..ntributed_to_Charity ฿1.61290000
13-Nov-21 lendforamerica.org ..ntributed_to_Charity ฿1.66113000
13-Nov-22 pathwaystoeducation.. ..ntributed_to_Charity ฿1.44510000
13-Dec-05 washingtonimprovthe.. ..ntributed_to_Charity ฿0.88700000
13-Dec-06 lastdoor.org ..ntributed_to_Charity ฿1.02500000
13-Dec-10 leagueagainstaids.com ..ntributed_to_Charity ฿1.06900000
13-Dec-11 we-search.org ..ntributed_to_Charity ฿1.04970000
13-Dec-16 srilankacampaign.org ..ntributed_to_Charity ฿1.17680000
13-Dec-16 thewaterproject.org ..ntributed_to_Charity ฿1.17700000
Yep, all accounted for on the Bitcoin100.org website. Thanks edd! By the way, WE HAVE DONATED $10,000 THIS MONTH! Cheers! |
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Hey Rassah, sorry for the late reply... half of our development team is down with the flu :-(
Don't be getting any computer viruses into our android wallets  Use gloves while you type. Right now we are working hard on a mind-blowing (revenue generating) feature which our investor does not want us to reveal until it is ready for production, which I expect to be around the beginning of february.
ETA for this? Would love to show it off at the next few conferences I'm going to (Miami, and maybe Texas) |
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But you know, where I live people are innocent until proven otherwise and nothing looks bad in court, until the prosecutor can prove beyond any dispute that it is illegal. Though unlike the great US we are not here an exceptional and self proclaimed worldwide source of the freedom and democracy, so what do I know after all, right?  Hey, stop attacking our country! even if everything you're saying is true... It's off topic  |
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Endowmented or endowed?  Sorry, I meant endowsmerized. In the mean time, yet another one affordable housing NPO interested in seeking bitcoin donations From: Ryan N. Hello Dmitry, I'm a treasurer for La Reunion, an non-profit Affordable Housing Cooperative in Austin, Texas that opened in April of this year. To remain affordable we bought an old building which has required much more maintenance that expected due to health and safety issues such as bedbugs and high levels of carbon monoxide. One of our goals is to establish more computer literacy in the community by setting up a computer lab and a mesh network and try to provide internet to the surrounding apartments. This goal has been put on the back burner due to high maintenance costs. Because the founders are educated and use technology for organization we realize how far behind some of our lower income members are and the the pressing need to bring them "on-line" both to the global internet and to our local organizing structures, like our wiki, maintenance trello, food pantry app, etc. We've set up fundraisers for both maintenance and tech and I'm sure by accepting bitcoin we would get more donations. With a $1000 dollars worth of bitcoin we could buy the routers and computers to get started at building a community provide internet and housing. If you would like more information check out our wiki or email/ call me. I think the following links would be valuable for your reviewers/donors. Facebook https://www.facebook.com/LaReunionCooperative?bookmark_t=pageWiki http://lareunioncoop.org/homeFundraisers http://keepourhouseahome.com/menuhttps://lareunioncoop.crowdhoster.com/Thank you, Ryan Nill La Reunion Treasurer |
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There website hasn't change much since when it was first build according the WBM. Also, they're located at my backdoor and would have no problem with meeting them in person: http://web.archive.org/web/20060212061737/http://caanmidwest.org/aboutus.htmlHosting a community center (68 N. Chicago St. in downtown Joliet) where people can come together based on a common background based on sexual orientation and/or gender identification. Here is her reply: We started accepting them just a few weeks ago. We also signed up with BitPay, they accepted us as a charity. We're a 501c3. I've had a few questions for them and emailed their Chicago support person who hasn't written back. If you have connections with them you may want to heads them up.
We're a gay community center in Joliet Illinois. Joliet is a blue collar town outside of Chicago. The last train stop before it heads back.
Our goal at this point is to increase lgbtqi (lesbian, gay, bi, trans, queer, intersex) visibility in our community. We're doing that by leading the way for our backwards town to join the 21st century. The first goal to do that is creating a resilience group. Done. It's made up of straight and gay people. The second goal is creating a local economy. This is where bitcoin comes in. I'm toying with the idea of creating our own digital currency but I simply don't know enough yet. Anyway I've already talked with someone who'll do the bitcoin presentation probably in January. Bling in the new year.
We're all volunteer. No paid staff. No grant writers. Just a few people willing to keep it going (and have since 2005).
Gini
I'll leave this one to you to yay or neigh on. Do you want to come visit them? I'll forward you their info. If not, just let me know if you approve or not, and I'll pass it on. |
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We had computers since the 30's (before even), and software since the 60's.
Which very pretty much statistically insignificant. Not really. If your business designs bridges or planes, a single computer in the 60's would replace an entire army of mathematicians, physicists, architects, and accountants. We used to have large rooms, filled with large plotting tables, with tons of people using sketching tools and slide rules to sketch out design mechanical drafts by hand, calculate forces on each part, track to make sure parts fit, double-check the math involved by hand, etc, and now in the 60's all that could be replaced with just a few people writing programs for the computer to run hundreds of simulations a second. Where did all those people with math skills go to? There is no need for them, now that computers can do all the math automatically. We also had factory automation since at least the middle of the last century,
You are mistaking mechanization with automation. I am not, actually. We could replace people picking up bottles and corking them by hand, with a machine that would automatically grab a bottle cap and stick it on top of a bottle as it went by. Fully automated, no computers needed, and tons of corkers out of jobs. Unless by "automation" you mean "artificial inteligence," to which I would say stop moving the goal posts. You are basically claiming that a tractor or a machine replacing 25 farmers or factory workers with 1 is not a problem, but a computer replacing 25 tractor drivers with 1 computer operator is. I don't buy it.
It is really that difficult to comprehend that this time those 24 have absolutely nowhere to go. Yes, it is. Is it really that difficult to comprehend that we didn't even know about internal combustion engines in the 1800's, or about computers in the early 1900's, or the internet in the early 1990's? Because a lot of incredibly brilliant people could not predict such technologies arising and creating tons of new specialized jobs, I am not going to trust some unknown guy on the internet making predictions that no such new technologies will come to exist in the future. As i said your approach is faith based that magically new jobs will come out of the woodwork in enough quantity.
I dont care if there will be jobs for 10 people. Free market can't operate like that sorry.
We still have jobs that pay people to remove staples and paper clips from documents before scanning them. There will always be jobs, no matter how high tech we get. Beside if you actually study history machine replacing 25 farmers or factory workers with 1 was actually a problem for those being replaced. Luckily for the system change was done slowly within decades people had time to adapt. Today drastic changes are within a years
You can't replace creativity (not yet). So, sure, it was a problem for the farmers, but they found something else. Sure, computer design was a problem for mathematicians and plotters, but they also found something else. New computer languages that keep changing and improving every few years, but computer programmers just keep learning new syntax and keep up with the change. I imagine in the future, you won't be able to have a job where you leark a skill, and spend the rest of your life doing what you learned (like you could when working at factory assembly lines), and everyone will have to continuously learn on the job. Take the 3D printed gun example someone brought up. You could collaborate on a project like that, with someone being an expert in handle grips, having spent time studying them, and continuing to learn more about them by printing prototypes and checking how they feel. You could have an expert in structural design tweaking and improving the strength of the barel. You could have a mechanics expert, tweaking and improving the firing mechanism by making it put out more force with less trigger pressure. And then all of them can continue to use and improve those skills as they design newer, better, more efficient and high tech guns. So, instead of people working on a project for one or two years, and us buying products, like a new version of an iPhone, every one or two years, you would have new and improved products coming out every month, then every day, then pretty much continuously, whenever you have time to hit "Update." |
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I would guess the 4th sector is designing stuff in 3D cad software for people to 3D print, such as tinkering with mechanics of some printable machines, our customizing existing designs to each individual's preferences.
Not many people can easily learn 3D modeling (think realistically, its rather hard for average man). Moreover, cost of the 3D-printed models will be higher than production cost of non-customized bulk items on fully automated plants. It's actually not that difficult any more. When I first got into it, 3D modeling was done with code, such as
Sphere (2, 2, 1.5, 4, "yellow")
Cube(6, 2, 1.5, 2, "blue")
(XYZ coordinates, diametes, and defined color or texture parameter) which would then have to be rendered, slowly, one frame at a time, and once you see where the error is, go back and adjust the code, and then render again to see if it fixed it. Now you can use a mouse to move things around on your screen in real time. We're also getting to the point where 3D manipulation tools are becoming cheap, allowing you to reach toward your screen, "grab" something, and move it back and forth, instead of just up/down/left/right, like a mouse lets you. As 3D printing and 3D design becomes more prevalent, this will be much more common place, and instead of workers standing in front of work tables, physically modifying things, you'll have workers standing in front of computer terminals, building and modifying things on computer. There is already a pretty good first-look example of this type of work in SecondLife, where people earn a living by designing objects using 3D tools (clothing, furniture, random junk, and even houses), and sell them in virtual stores. Dspite materials not costing anything, creativity still pays there. As for bulk mass production, those same 3D tools can be used to 3D print molds for mass production, too. |
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Backing= guarantee of future exchange value
BC, needs a guarantee of its future exchange value.
As it has none, it cant be money.
Obviously you mean guarantee by a central authority. That's not going to happen ever because bitcoin don't wants that to happen. You see bitcoin with fiat currency standards thats why you can't understand basic things. What would porc say to a central authority issuing a currency backed by bitcoin, where the central authority makes a guarantee that you can exchange their currency for a BTC in the future? |
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JK you of all people are not allowed to repeat such idiocy, YOU KNOW THE CODE, Cryptography has ZERO do do we keeping BTC scarce, their is only a simple IF statement in a line of code that either accepts or rejects a block as valid based on the mining quantity that is standing between a finite supply of BTC and unlimited debasement.
That actually won't change the scarcity, as there are two things standing between finite supply and unlimited debasement. First one is that IF statement, second one is people's personal choice. If other people and exchanges choose to change that IF statement, and I along with a few of my friends choose not to, then we will still continue to use Bitcoin, along with its finite supply, while those other people and exchanges will be effectively creating an alt-coin through a hard fork. As long as there are enough people that refuse to change the IF statement, and enough miners to support their refusal to change, bitcoin will remain scarse. If their were even something like a group of people with large wealth that were publicly pledging they wouldn't let BTC drop below some floor price that would be a backing but we don't even have that.
Dollars don't have such a group of people, either. Both bitcoin and USD have wealthy people, who are essentially backers, who support the currency through various legal and technical means, but those wealthy people would not be stupid enough to start buying up a crashing currency just to prop up its price, if they see it doesn't have a future. Actually yes it dose have thouse people in the Treasury department and the Federal Reserve, the former collects taxes in the Dollar and the later holds bonds and other assets. I think you may be confusing backing and propping up. How does collecting taxes support a price floor? If USD price drops, they would just collect a larger amount of dollars to collect the same value. As for bonds, they could only continue propping up USD price (by buying USD in exchange for bonds) as long as people are willing to buy their bonds. At this point, these bonds pay almost no interest, and with a high national debt are getting riskier, which is a contradiction (higher risk should pay more interest) that is making them extremely unattractive. So we may have reached the end of being able to prop up USD with bonds. (USA can raise interest on bonds, but it is so deep in debt that it may not be able to afford paying interest, either). The problem with this thread, and the many others like it, is that definitions get pulled out of asses, and it turns into a fight over which rectal definition is right.
Is this where the expression "shit storm" comes from? Because that would seem really apt. |
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I think what you mean is: "I'll use my hash rate on another pool, one that pays less for the work at a commensurately lower share threshold, and I'll end up with the same amount of reward long term " I think what he is really saying is "I want to mine on a pool that has less variance for me." Seems like a reasonable move to me. Solo mining also pays the same in the long run, but most people mine on pools to reduce variance.
IF difficulty was constant, than in the long run P2Pool pays out the same as other pools. However, since the difficulty is still going up every two weeks, you want to make sure to get as many payments within each two-week period as possible, otherwise you will be making less than a lower variance pool. To take this to the extreme, if you solo mine and get a block every week, you will get paid every week. If you solo mine and get a block every month, the difficulty could be increasing faster than your chances of getting a block, and you may never get a block at all (I don't think I have ever found a block, despite mining for the last 3 years with what used to be decent hardware that at one point earned me 1BTC a day) |
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Got another e-mail solicitation: From: gini Our organization could use some help from bitcoin100 We just found out about bitcoin but already we're accepting them as donation. Within the next few months (after the holidays) we will be hosting a presentation to explain bitcoin. http://www.caanmidwest.org/home.htmlThanks, Gini Lester, President (No offence, but their website is rather horrible looking.) I sent a reply: Hi. How long ago did you start accepting bitcoins? Bitcoin100's goals are to entice new charities to accept them - ones that might not otherwise be interested - and we can't basically give out bitcoins to bitcoin fans. Though if you will be promoting bitcoin in your local community, that would really help convince us to donate anyway.
Also, can you briefly describe what you actually do?
Thank you
-- Dmitry
Bitcoin100.org
Will update yuo when I get a reply. |
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