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1361  Economy / Economics / Re: Distribution of Wealth on: March 10, 2011, 08:51:33 AM
If socialism is such an hell on earth, why are the scandinavian countries so successful?

Because they remain far from being socialists, and they were way farer than today for a long time in the past. Even today, although being victim of insane taxes, they suffer very few coercive regulations when compared to most countries. And yes, regulations are much worse than taxes.

In this blog post there's a list of articles you should try to read: http://mises.org/Community/forums/t/5616.aspx
The first one detailing Sweden history is quite good. You can't just look at the current state of a country and determine that the quality of life there is a result of their current balance of freedom vs violence. Changes take years, frequently decades to happen.

Want to experience the result of a weak government? Go to Somalia.

Same silly mistake you've done above, not considering history. Somalia has always been a crappy place to live in. During the short period they had with no state (which is over, by the way), they've managed to progress more than ever, yet remaining poor.
http://en.wikipedia.org/wiki/History_of_Somalia_%281991-2006%29
http://namcub.accela-labs.com/pdf/Better_Off_Stateless.pdf
http://fee.org/media/stateless-in-somalia-by-benjamin-powell/

I believe that a free market needs to be regulated to be efficient.

If it's regulated it's not a free market. What you say doesn't even make sense. You're advocating violence, not freedom.
1362  Economy / Marketplace / Re: Sharing CoinPal trust data on: March 10, 2011, 08:23:33 AM
I think this might be a good idea, but the user should have the option to just disclose the info for people he wants too, for privacy reasons.
Maybe publicly announcing the PP addresses of those who perform chargebacks would be a good idea too.

The only thing that worries me a bit is that chargebacks normally happen when the true owner of the account gets scammed. So, by tainting the account as untrustworthy, you would be marking the victim of a scam, not the scammer himself. It's true that the victim could be responsible for not properly protecting his account, but even still... most people just don't know how. The true criminal doesn't get his reputation touched.
1363  Bitcoin / Wallet software / Re: [ANNOUNCE] BitCoinJ v0.1, a client-mode implementation in Java on: March 09, 2011, 08:55:27 PM
Thank you [mike] for this! Great work!

I'm browsing the code right now... You implemented all the crypto stuff on your own?? Wow... is bitcoin choice of cryptographic functions so particular that you couldn't find no Java library for it? Anyway, all my respects to you, sir! All those numbers and binary operations make me dizzy just to look at....
1364  Economy / Economics / Re: Pertinent WSJ article on: March 09, 2011, 01:16:18 PM
Does anybody think it would be a big deal to price oil in Euro or sell directly for Euro?

The EUR/USD market is the most liquid in the world, so the difference would be purely psychological.

True. But, well, maybe not all currencies exchanges are that liquid, forcing oil buyers from different countries to have some dollar reserves. Such reserves could be changed to euros.
And also that would be bad for the dollar "image" and good for the euro's. Maybe other dollar reserves out there, not directly related to oil, would suffer a shift. Many central banks around the world hoard USD, for example.
1365  Economy / Economics / Re: Pertinent WSJ article on: March 09, 2011, 01:10:33 PM
Because I've heard this many times but there's simply one thing that doesn't stick: if that was the true reason for the invasion, why didn't Saddam ever cited it in his own defense?
You know, I've thought of that too.  But then, western media are hardly unbiased and I wonder if Saddam had ever said such a thing, would it ever have reached front page of the WSJ?  I think not.  It would've been buried and confined to extremist newsletters & websites and laughed at by the mainstream media.

I doubt it. There are plenty of anti-american media and governments out there that would propagate such statement.
1366  Economy / Economics / Re: The Origin and Nature of Money (mises.org) on: March 09, 2011, 11:18:30 AM
Intrinsic value means pretty much the same thing as "squared circle". It's a logical contradiction, simply doesn't exist. Value is not in stuff, value is on the beholder.

Oh please... again?

Truth doesn't change in a couple of months. Wink

It's a bit frustrating to see people that were supposed to understand the origins of value to keep repeating a dangerously misleading logical contradiction as "intrinsic value".
It's this constantly repeated mantra that makes so many gold worshipers to question bitcoins fundamentals by saying that "it's not backed by anything, so it cannot have true value!".
1367  Economy / Economics / Re: The Origin and Nature of Money (mises.org) on: March 09, 2011, 08:48:21 AM
That is interesting. I guess it depends on what intrinsic value means.

Intrinsic value means pretty much the same thing as "squared circle". It's a logical contradiction, simply doesn't exist. Value is not in stuff, value is on the beholder.
1368  Bitcoin / Bitcoin Technical Support / Re: 4 months running miner, zero BTC generated on: March 09, 2011, 08:41:07 AM
The CPU mining option should be removed from the default client...
1369  Bitcoin / Bitcoin Discussion / Re: Wallet encryption in Bitcoin on: March 08, 2011, 09:20:26 AM
Does the client need to be bound to one method only? Can't this be decoupled so that the same client could use different encryption methods?
1370  Bitcoin / Development & Technical Discussion / Re: Development roadmap on: March 08, 2011, 08:49:29 AM

Transaction date-stamp appearing in client to be in international standard format DD-MM-YY not MM-DD-YY, or selectable in options.

True! This thing of putting months before days is damn confusing... when will you english folks learn to use proper formats and the metric system?  Cheesy
1371  Bitcoin / Development & Technical Discussion / Re: What would you change about the Bitcoin protocol? on: March 08, 2011, 08:42:08 AM
I would change this: http://bitcointalk.org/index.php?topic=1865.0
1372  Bitcoin / Bitcoin Technical Support / Re: questions about accepting bitcoins in my website on: March 07, 2011, 12:55:26 PM
Ah, and by the way, avoid I.P transfers.
1373  Bitcoin / Bitcoin Technical Support / Re: questions about accepting bitcoins in my website on: March 07, 2011, 12:54:35 PM
A transfer may come from several different addresses. I think they've chosen not to display it in the UI in order not to pollute it. It's true that it would be nice to have this info in the transaction details, but there are higher priority developments before this.

If you really want to know the origins of your money, you can always use the blockexplorer. Just search for your receiving address.
1374  Economy / Economics / Re: Pertinent WSJ article on: March 07, 2011, 10:22:46 AM
This explains most of their foreign policy - The Iraq invasion being the most obvious example, almost so obvious as to be  intended as a blatant message to the world, "keep your oil in dollars or else..."

Are you talking about the story of Saddam selling oil for euros?

Because I've heard this many times but there's simply one thing that doesn't stick: if that was the true reason for the invasion, why didn't Saddam ever cited it in his own defense? Just publicly saying: "They don't want to attack me because of inexistent WMD, it is because I'm going to sell oil for euros!".
And by the way, why was it so hard to just do it? I mean, why would it take so long to change the currency against which you sell oil that even gave the time for military action from a foreign nation?

I do understand the importance of dollar supremacy for the US government, but this story just doesn't stick very well.
1375  Bitcoin / Development & Technical Discussion / Re: Development roadmap on: March 07, 2011, 10:09:49 AM
Just giving my two cents, I agree that the DNS-like feature is not high priority, but resending and reclaiming transactions is (should be in a 1.0)
1376  Bitcoin / Bitcoin Discussion / Re: How to grow the Bitcoin idea? on: March 04, 2011, 04:28:55 PM
True, Peter Schiff could be a great supporter! The harder thing would be to make him understand how reliable bitcoins are.

And I wouldn't be much surprised if he just fails to understand it. Take for example the Mises institute. As far as I know, they haven't yet published anything on bitcoins, although bitcoin is practically a grass-root manifestation of everything they defend in terms of money. That's just because they don't get the fact that particular numbers may be a scarce commodity themselves, and not only a representation of something else. So they keep asking "but it's not backed by anything?", without realizing that gold itself is not backed by anything either.

Anyway, all I'm saying is that sometimes it's hard to convince non-geek gold-worshipers of the advantages of bitcoins.
1377  Economy / Trading Discussion / Re: Trading risks on: March 04, 2011, 08:43:04 AM
Bitcoin-central exchanges bitcoin to euros: https://bitcoin-central.net/

And their source code is open. You could use it to create your own exchange if you want.
1378  Economy / Exchanges / Re: mtgox.com has blocked my account with 45 000 USD in it! on: March 02, 2011, 05:34:08 PM
To me it's quite clear that Baron is a thief.

@MtGox, in order to close this case once and for all, why don't you just provide proofs like:
  • Digital signatures that show you own the addresses from which Baron address was funded
  • Logs from your site showing the dictionary attacks and the theft of bitcoins and LR
  • LR logs of the transactions Person B used to get the money out of your account (does this exist?)
  • Logs linking all actions of "Person B", in other words, something that indicates it is indeed the same person

With this amount of info, plus all Baron's contradictions, weird excuses (being mute!?) and lack of willingness to identify himself even to MtGox, I think this case could be "closed", since it would be "proved beyond reasonable doubt" that Baron is a scammer. MtGox could use the frozen money in order to pay for the losses he and his customers suffered.
1379  Economy / Exchanges / Re: mtgox.com has blocked my account with 45 000 USD in it! on: March 02, 2011, 03:25:33 PM
Shadow, did you ever think that it's none of your damn business, anyway? Would you expect any other financial institution to inform you on the matters of another person's account? We're lucky he's even keeping us posted how he is and not only speaking with Baron privately. Did you ever think that Mt. Gox has a life/business/family to soak up his time instead of sitting on the bitcoin forum answering all of your questions?

Some people.... It's been a fucking week. He's told you all he knows about Barons transactions, and is trying to reach Baron further. He reiterated this morning what he knows and what he's trying to do. Give it some time. Go outside.

+1
1380  Economy / Exchanges / Re: mtgox.com has blocked my account with 45 000 USD in it! on: March 02, 2011, 03:23:50 PM
But no, he behaves exactly as a person with unclear conscience would behave.
Mtgox may not be a scammer, but i believe he is not "clean" either. If you are 100% honest, have nothing to hide, and you run a business, it is in your deepest interest to talk, explain, be helpful.

Mtgox does not do that however, which means, that with high probability he is guilty of something.

So what are you hiding from us, mtgox ?

Oh come on, a person with "unclear conscience" or "not clean" wouldn't even care about stopping the thief in the first place. He's done way more than he needed. He should be congratulated for that, not bashed like this.

And he has manifested himself a reasonable amount of times. He doesn't need to post at the same rate everybody here is doing, chill down.
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