I'm unable to read that Bitcoin Magazine article. My iOS crashed 10 times trying to read it. Very odd as that never happens.
I'll have to try and open it on a different device and see what it's about.
The basic idea is that PC's running Windows XP will soon be PCI non-compliant meaning that those machines will not be legally allowed to process credit card transactions. Given the estimated numbers of such machines (which include ATM's), there could be some potentially interesting repercussions. |
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Can I get a volunteer to test my new account at OneName? lol https://www.onename.io/quicksilverSeriously though, everyone needs to take a hard look at this idea: https://www.onename.io/ and think very hard about where this is leading...I posted this in chat on another site and the initial responses were along the lines that 'this a great idea!!!' This is only a great idea if there weren't power hungry maniacs trying to rule the world. To them, XBT and company are nothing more than the ultimate tool of control. What is OneName? It is the first attempt at creating the ultimate ID system. This is a continuation of the trend already established by Google and friends, i.e. one username to sign in to multiple services across multiple platforms. With OneName, people can now link all these identities together along with a XBT address and have it recorded in a blockchain. Really? This is supposed to be a good idea??? Of course it is! It will make your life simpler and easier. All you have to do is send me some XBT, hehehe. |
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Shocker: They just "found" the rest of the missing Mt Gox coins.
I said before that they would all be found and reimbursed because all of this is really $500 million coming from the Koch Brothers who have just bought the 2 vacant board seats on the Bitcoin Foundation.
This is good news in a way cause the govt will have a hard time completely taking over Bitcoin now.
But it's bad news cause Bitcoin is now fully and completely centralized. Then again, it was a lie to say it was ever designed to be decentralized.
The govt takeover of bitcoin is a fait accompli. It is just a matter of time before the world sees it. The IRS announced that btc is property and that it will tax it as capital gains. Guess what happens next? Registered addresses AKA green addresses. Where would you like your mark? |
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Shocker: They just "found" the rest of the missing Mt Gox coins.
I said before that they would all be found and reimbursed because all of this is really $500 million coming from the Koch Brothers who have just bought the 2 vacant board seats on the Bitcoin Foundation.
This is good news in a way cause the govt will have a hard time completely taking over Bitcoin now.
But it's bad news cause Bitcoin is now fully and completely centralized. Then again, it was a lie to say it was ever designed to be decentralized.
Source? I found this: http://theblogchain.com/news/mtgox-found-bitcoin/ |
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Have you seen this: "'I think reduction in transaction fees will bolster the use of bitcoin as a means of facilitating microtransactions. But at the same time, it would be interesting to see if the blockchain gets bloated with microtransactions because of this change.'(Ankur Nandwani) and 'Bitcoin Core, even the new release, never removes a transaction from memory unless it gets mined into a block, so if an attacker just floods the network with really cheap transactions they can use up a lot of RAM and network bandwidth for very little money, causing nodes to crash with out-of-memory errors, as well as screwing up block propagation.' (Peter Todd) His comments suggest that the bitcoin core may be evolving in a way that is not suitable for large volumes of microtransactions, to date one of the strongest value propositions for bitcoin, or that at the very least how to do so while maintaining the decentralized nature of bitcoin is unclear." http://www.coindesk.com/bitcoin-version-0-9-0-brings-transaction-malleability-fixes-branding-change/ This just keeps getting better. I can't wait to see who gets handed the blame for this train wreck waiting to happen. People cannot really be this stupid in real life. It has to be deliberate. XIC is starting to look even more likely and pretty soon at that. |
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@Quicksilver,
I've never heard of Apophis1999. I'll have to look into it when I have a chance.
Thanks for the heads up.
This is because it was half-assed info. The name of the asteroid is 99942 Apophis. HereI stand corrected, the name is 99942 Apophis. My other info was accurate. |
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@Quicksilver,
I've never heard of Apophis1999. I'll have to look into it when I have a chance.
Thanks for the heads up.
Apophis1999 is an asteroid slated to make a couple near earth approaches in 2029 and 2036. It was originally thought it might hit the earth in 2036 but recent calculations suggest it won't. It will however pass close enough to be quite visible for a time (so I've been told). I wouldn't have paid it much attention except for the timing of the flybys. The 2036 encounter will occur on or near Passover. Interestingly enough, it meshes with the seven year cycle you mentioned above concerning economic catastrophes. Apophiscoin anyone? |
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I even chose a date, 28 months in advance, for this economic, monetary collapse: 9/14/15 [9/1415] Why did you choose this date?! There are a number of reasons. I looked at the previous 5 major stock market collapses and I saw what I thought was a trend or predictable pattern. Using that pattern I was able to guesstimate the next collapse would be at the end of 2015, but wasn't sure about Oct or Sept. After further studying I chose 9/14/15 because it fell on the 2nd day of the Jewish Holiday (Rosh Hashanah). This followed the previous trend which fell on the first day of the same holiday. This is also the same holy day when Israel [creditors] would wipe the debts clean for all people of Israel [every 7 years]. On the day I chose it will be 7 years from the last collapse if you follow the Jewish Holidays (not calendar days). There is meaning to this holiday historically. God would punish Israel severely on this Holiday when they would become greedy and Godless and stop forgiving debt. So God would strike Israel economically, or worse, and thus wipe out the debts and the creditors as well, which in our case would be the dollar, the banks and so on.Our last economic collapse which nearly wiped out all the banks came on the first day of this very Jewish Holiday.I chose the 2nd day of Rosh Hashanah this time as this will be the 6th major collapse which is the 2nd series of 3 collapses - the first 3 crashes came in October and if I'm right the 2nd series of 3 will all come in September ending on the final day of Rosh Hashanah in a year of 4 Blood moons [with a total solar eclipse in the middle]. Incredibly foretelling, even if I miss the actual date by a few days or a few months.Ironically, this massive economic collapse, which will be the 6th in a 2nd series of 3, which denotes a massive terminal value in my mind - a final crash which will bring about massive painful " change" or an Economic death blow, will also have the effect of destroying massive debt which the people find themselves in. But like all major economic collapses it will destroy unprecedented amounts of wealth and I think the dollar may be finished at this point, along with the Euro, Yen, etc. Good thing these cryptos will be ready for mass adoption by then, eh? What a wonderful "coincidence" for the banks, corporations and especially governments in dire need of a new fiat to dilute the sheep with. Interesting note: AFTER I researched this and chose my date I looked at the date and immediately noticed something startling which is the reason I wrote it out that way, to make it easier for others to see it, but nobody has noticed it yet so I'll spell it out. 9/14/15 = 9/1415 = 9/11!I was wondering if you had connected this to the Hebrew Calendar/ Feasts and Blood Moons. Any thoughts on how Apophis1999 fits into the scheme of things?  |
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I even chose a date, 28 months in advance, for this economic, monetary collapse: 9/14/15 [9/1415] Why did you choose this date?! |
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In the aftermath of the Mt. Gox. debacle, the Mastercoin Foundation and Humint have proposed a plan that would see the creation of "Goxcoins" that "would be issued on a one-to-one basis to trusted and verified accounts". Goxcoins, as envisioned by this plan, would serve as a claim by whoever owns these coins to any bitcoins which might one day be recovered. ( http://www.humint.is/goxcoin) While I applaud the authors of this idea for their attempt to find a way to recompense those people- myself included- who lost bitcoins at Mt.Gox, I CANNOT accept the proposed plan for two reasons. My first objection concerns the proposal to issue these Goxcoins to only those people who were "fortunate" enough to have their identity verified prior to Mt.Gox's implosion. Such an idea, if adopted, would set a dangerous precedent which would ultimately undermine the entire premise of bitcoin. To say that only those who have given up their right to privacy may collect on a debt owed to them is preposterous. If this idea is implemented then bitcoin may as well just roll over and die as it will become the very thing it was intended to combat. If only those who have a verifiable identity are included in this new world order of decentralized cryptographic currency then the whole reason for the technology to exist is pointless. This issue is an absolute non starter. No one should be punished for exercising their right to privacy. My second objection to the Mastercoin Foundation/ Humint proposal involves the nature of these Goxcoins. As currently envisioned, Goxcoins would constitute nothing more than a transferable claim to a percentage of any funds recovered. The likelihood of any sizable recovery of bitcoins through bankruptcy or corporate rehabilitation proceedings is amazingly remote. In fact, the only thing I consider to be less likely is recovering those coins from whatever wallet they are now sitting in. Given the astronomical odds against Mt. Gox customers ever recovering any significant portion of their coins, I see the proposed Goxcoins as being nothing more than a bunch of outrageously priced lottery tickets. (If anyone can prove that my assessment of the likelihood of recovering the coins is wrong, please show me otherwise.) Let me be clear: My second objection concerns the nature of the proposed Goxcoins and NOT the general idea as presented by Mastercoin Foundation and Humint. In fact, I agree with the idea of creating a Goxcoin, that it should be distributed to account holders on a one-to-one basis, and that they should be tradable on an exchange. However, Goxcoins must offer some real value to those who possess them, something more than a longshot chance at maybe someday recovering a fraction of one's investment. Proposal Since the assets of Mt. Gox are insufficient to cover any reasonable amount of the value of it's debts; and Since ordinary legal actions are unlikely to result in a solution equitable to Mt.Gox's customers; and Since recovery of the missing bitcoin is completely unpredictable and uncertain; and Since the only real value remaining in the corporation known as Mt. Gox is it's potential to generate revenue through an online cryptocurrency exchange, I propose the following: Remodel the corporate structure using the Five Parties Model proposed by Ken Griffith. ( http://bitcoinmagazine.com/10639/five-parties-model/) Institute a robust public auditing system for all cryptocurrency wallets and accounts. Mandate that all corporate expenses (wages, advertisement, equipment, utilities, etc.) be paid in cryptocurrencies to the fullest extent possible. Where traditional payment methods are necessary, cryptocurrency destined for conversion to fiat currency must remain publicly visible up to the time of it's conversion and the quantity and conversion rate must be made public. Crypto to fiat conversions should be tightly regulated by company policy with regards to the frequency, timing, and location of such conversions. Create a new asset called Goxcoin (GXC) and issue these to all Mt. Gox account holders on a one-to-one basis according to the last known bitcoin balance of each customer. Ownership of GXC will provide at least two benefits. The first benefit will be a percentage of the trade fees generated by the exchange as well as a claim on any stolen bitcoin recovered in the future. The second benefit will be voting privileges in corporate officer elections, company policy, etc. An additional quantity of Goxcoin, possibly with different attending benefits should also be issued and made publicly available as a way to attract the operating capital necessary to implement the new corporate structure and get the servers running again. Open the exchange for GXC/BTC and GXC/LTC trading. Establish a solid relationship with a willing banking partner able to handle the volume of fiat transactions this type of business generates. Comply with all national and international AML and KYC laws for any customer accounts seeking to deposit or withdraw fiat. Establish a sensible, swift, and secure means for processing customer verification requests. I will stop here and let you the people debate these things. Edit: It seems that a similar initiative is under way at http://projectgox.com. |
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Actually it was pretty common for women to be raped when any settlement was raided.
These rapes were immoral. These rapes were unlawful. But these rapes were ethical and were legal. ---------------------------- This is the difference between morality and ethics. This is the difference between law and legality. Where did you get your definition of the word Ethics? |
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Ethics is the larger subject within which morality is contained.
Ethics and morality are two separate abstractions. They neither have intersections nor one is contained in another. I see. Now look in the mirror because your head is the shape of a pretzel as a result of whatever contorted logic that lead you to say that Ethics and Morality are entirely independent of one another. |
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