We aren't punishing him though, just speculating on the fact and making decisions on whether to make use of his services or have business relations with him.

Exactly what I was thinking when I thought about it so this is the reason I am creating theoretical scenarios.

Because the court always has a fair ruling and not rotten to the core and houses the very same corrupt pedophiles and criminals.

Providing the evidence here so every single person can draw his own conclusions is the free market.

Blockchain bloat is a whole other issue which can be addressed separately.

The whole point of Bitcoin is that you can send significant sums of money nearly free across the world, however the ever increasing fees dictated by the business oriented miners are slowly killing the network, I don't want to get into the debate whether the businessmen that are taking the initiative and risk deserve all those fees or are rewarded disproportionately (they would want to get their ROI as fast as possible to minimize risk) either.

What I had in mind isn't a pool but a bunch of servers geared towards hashing SHA256, some could perhaps be sponsored for publicity, some donated by the good people of Bitcointalk, etc. Since it's all charity and not business oriented we would never have an ROI and continue to let the servers mine to keep the network free.

No, because if I am a businessman of means I can effectively "hijack" the network by investing a large sum of money into specialized servers/hardware. I could then dictate the fees and impose them on the network, this is where we are currently today.

As you can see the fees were significantly lower in relation to the amount of BTC back at the day, if you calculate the worth in Gold or even monopoly money.

Of course the lower fees would cause additional blockchain bloating which is an issue in itself, none of the Bitcoin developers recognize that.

I mean if credibility wouldn't factor in your decision, say Bill Gates comes up with this project, nobody would doubt his credibility.

I am curious whether this "decentralized" sack of shit community could actually be fiercely organized to better Bitcoin.

And I am by no means bashing the community, most of you are great people it's just that decentralized everything = in disarray. Are the Bitcoin members dedicated and informed enough to pull this off or will they be herded like sheep?

99% of people are sheeple zombies, so yes, some of them are bound to end up in the foundation.

Given the principles on which Bitcoin is based it makes one wonder whether the community would be willing or would be capable to donate funds to a credible company to run crowd funded miners so the network fees are significantly lower to non existent.

If credibility wasn't a factor would you donate?

Right, I would learn from infoshop.org about anarchism, not from Atlas Shrugged, Anatomy Of The State etc.

Somalia is far from anarcho-capitalism, all of the damage to society occurs when a state is acting with absolute power while still under the influence of coercion, deception and violence.

Unless you can put a rational counter argument,  I win all the internetz points.

The way to win a sore asshole in the prison showers...

Not in Thailand, where a 14-16 boy would be illegal.

I do agree with you, exploitation and sex-slavery are inevitable, but so is catching pedophiles and hitting them with a rubber dildo on the head or perhaps even killing them for entertainment.

I don't see what would stop you from offering pedophilia society cleansing services while making plenty of money from donations, sponsors etc in an anarcho-capitalistic society.

The whole beauty of anarcho-capitalism is that you can either advance or degenerate at your own will.

I mean c'mon.

Innocent until proven guilty would apply if the guy wasn't a homosexual, with a shady record of talking about renting abused "boys" on forums and he didn't move to Spain with a convicted pedophile after being accused.

The above person is an accused dumbass as it is evident by his signature, please disregard any posts and/or financial advice he might give you.

Also, RAWWWDOOOOGGG, providing the #1 source of news in the wastes AWWAWWWAWWWAWWOOOOOO.

I probably would unless he admitted to liking "boys" and being a pervert homosexual that frequents male prostitutes that he likes to abuse (and a dumbass).

Judge people by their actions, not accusations of the state.

Because if one day Bitcoin will actually become a threat they want to have a basis established in order to take it down to keep the party going.

All those Wallstreet jackasses are hooked on the dollar, they will send your kids to die in wars halfway across the world to impose dictators that would only sell the local natural resources in exchange to... you guessed it! USD!

You would be surprised at what draconian measures states are willing to take to keep the party going, there are limits imposed in India on how much gold, businessess, property etc you can own so you will keep all your life savings in the local currency with a 20% yearly inflation, people are buying Zynga Poker chips to store their life savings!

How is it immoral exactly again?

Morality != legality, it might be legal to fuck your mates wife but it is immoral, same thing the opposite. I just don't see how this is bad unless you let the state dictate your morals.

If most of the miners agree to increase the 21 million supply every block reward they will win will be worth substantially less than what it was prior to the 21 million coins, everyone will dump their reserves the moment tyranny will infect BTC.

Pretty cool tool and you sure deserve props as a 18 year old guy, I doubt there is a huge market for it though.

The real question should be would you pick 100kg of Gold or the equivalent in Bitcoin given the fact that both will be delivered and stored safely for you?

It seems that only a complete jackass would pick Bitcoin over Gold, Bitcoin is great as far as currency goes and for speculation purposes, it's a great rival for USD and other monopoly currency, the real store of value is Gold though.

The bottom line is a 2% yearly inflation or whatever number of inflation they set it to is inflationary in nature versus PoW-like linear creation of coins. While the adoption rate might catch up with the inflation thereby driving the price down.