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1441  Economy / Marketplace / Re: Buy and Sell Mt Gox USD on: May 14, 2011, 02:13:18 PM
edit: no longer selling.
1442  Bitcoin / Project Development / Re: Big Bounty: 1,000 BTC (One Thousand BTC) Shared Among A Small Group Of Writers. on: May 13, 2011, 08:58:14 PM
I don't usually take it as a good sign when someone goes to such trouble to get you excited while giving out as little info as possible regarding what it is you should be excited about.
1443  Other / Obsolete (selling) / Re: PowerFolder now accepting BTC (Sync/Backup/Versioning/Cloudspace) on: May 12, 2011, 10:44:01 AM
Do I understand correctly that PowerFolder Server is essentially a Dropbox-like solution for file storage and sharing over the Internet, except you host the files on your own server? If so, this seems very interesting.
1444  Bitcoin / Bitcoin Discussion / Re: Bitcoins are so large.. on: May 12, 2011, 07:27:23 AM
This is a problem that will take care of itself when it becomes relevant. Someone will come up with a new naming scheme we'll all start to use. That's how language evolves.
1445  Bitcoin / Bitcoin Discussion / Re: The Bitcoin Legal Thinktank weekly meeting in New York City on: May 10, 2011, 03:06:23 PM
It would be interesting to hear what you come up with. That said... Lawyers are for protecting against existing legislation. If you want to protect against future legislation, you want lobbyists.
1446  Bitcoin / Bitcoin Discussion / Re: Bitcents? on: May 05, 2011, 06:25:10 PM
Someone tries to manipulate me by playing number games like that, I'm likely to distrust them.
1447  Other / Meta / Re: Thank God, You Can Now Applaud People! on: May 05, 2011, 04:34:27 PM
I think it's a mistake to conflate reputation with how many people agree with what you said here on the forums. I see a lot of minuses being handed out already, and I'd hate to have people think these numbers have anything to do with how trustworthy a person is as a trade partner.
1448  Other / Off-topic / Re: Osama Bin Laden dead on: May 05, 2011, 11:18:31 AM
I tend to believe he's dead. Haven't seen any remotely credible claims he's not. No tapes, no statements, nothing.

The interesting thing, to me, here is that this seems to have been a kill order, not a capture order. What would have happened, had Osama Bin Laden been captured and put on trial?

I think a number of things:
First, protracted public unrest, probably assassination attempts, endless media circus etc.
More importantly, though, it would have forced the US government to go over the whole rationale for the war on terrorism again - it would have been difficult to prosecute Osama without ending up talking about why the US went to war in Afghanistan, then somehow ended up in Iraq. Osama's perspective on that might have been quite interesting. And who knows what kind of info Osama had on US politicians... No, they had to kill him.
1449  Other / Off-topic / Re: Obama releases his birth certificate. on: May 02, 2011, 08:26:25 PM

Things that make you go hmm.
 Smiley


They only make you go "hmm" if you don't bother to check the facts.
1450  Other / Off-topic / Re: Osama Bin Laden dead on: May 02, 2011, 08:11:08 PM
 Islam is an ideology that does not believe in the non-aggression principle.

And Obama does?
1451  Other / Meta / Re: Should we ban X on Y - the meta discussion on: May 02, 2011, 04:55:30 PM
I still think trade will need to move elsewhere, for a number of reasons. Of course, then you get the question of whether it's good for bitcoin.org to link to trade sites that have links to sites where people trade controversial goods and services...
1452  Other / Off-topic / Re: Osama Bin Laden dead on: May 02, 2011, 04:24:08 PM
News outlets here are reporting the SF soldiers were under specific orders to kill, not capture Bin Laden.
1453  Bitcoin / Bitcoin Discussion / Re: Keeping the economy honest on: May 02, 2011, 03:42:35 PM
If a bitcoin bank were to misrepresent the number of bitcoins they were in possession of and loan out more than they had, they would effectively be printing money.

Can you explain how you send more bitcoins than you have?

You can't. That's kind of the point. Fractional reserve banking is what it's called:
You have people who deposit funds in your bank for safe keeping, convenience, financial gain, whatever. Only a limited percentage of those funds will actually be withdrawn in any given timeframe, so you calculate that you can give out, say, 150% of funds people have actually deposited into your bank as loans, increasing your profits. As long as there's no bank run, no-ones the wiser.
1454  Bitcoin / Bitcoin Discussion / Re: Should bitcoin wiki allow links to christian religious services? on: April 30, 2011, 10:50:37 AM
The only question, for me, is how little can we censor while keeping the servers running. Follow the laws of the jurisdiction(s) relevant to keeping the servers running. If they're too strict, move elsewhere. That's it.
1455  Bitcoin / Bitcoin Discussion / Re: How much do bitcoins cost? $0.48 USD? on: April 30, 2011, 10:26:37 AM
There's plenty of risk in buying BTC as well. I agree the price seems high at the moment, if you're thinking of buying small amounts. For large amounts (and look at the volumes being moved on mtgox recently), you'd need a pretty hefty hardware investment up front to get anywhere.

So what are you waiting for? If you think the price is too high, get mining and maybe sell what coins you've generated already, if you expect others to come to the conclusion soon as well.
1456  Economy / Marketplace / Re: Ubitex: In-person Bitcoin exchange on: April 27, 2011, 07:13:41 AM
This sounds good. Maybe the listing price should only be paid if the sell order is fulfilled? That would encourage new users to start using the service, especially when it's just taking off.
1457  Bitcoin / Bitcoin Discussion / Re: "In cryptography we trust" (yet another Bitcoin icon) on: April 25, 2011, 12:20:49 PM
patefacio , tutis , publicus  Undecided
I like it but whats a better word for open?

How about emphasising the decentralized nature of a p2p currancy?
iunctum in divortium (unity in division)
or
tribuo nos sto (divided we stand)  Cool

How proficient are you in Latin? It's been a while (to say the least) since I studied it, but isn't "to stand" in the plural 1st properly declinated "stamus"? "tribuo" sounds suspect as well.
1458  Economy / Economics / Re: Bitcoin and "religious" interest-less lending on: April 25, 2011, 10:37:35 AM

I heard it wasn't part of Judaism, but definitely part of Christianity and Islam, which is allegedly one of the historical reason Jews are associated with banking, since the Christians and Muslims had to go to the Jews for loans.

An interesting thing in itself - Even large groups of people can choose to not pursue economic ventures they deem immoral, but if there's a profit to be made, someone will turn such reticence into a competitive edge.
1459  Bitcoin / Bitcoin Discussion / Re: Could bitcoin fail? on: April 25, 2011, 10:26:22 AM
See in the doc mentionned above (section IV to be exact).  Several scenari fit the description of "failure".

I read the doc, but I'm not sure any of the scenarios actually spell outright failure. They might bring the exchange rates down, but I don't really think that counts. Failure would be a near-total cessation of Bitcoin use IMO.

Personally, I feel the biggest risk in terms of government action would be for several states to declare Bitcoin illegal, perhaps USA and EU, or maybe even some international convention, and start cracking down on it. Sting operations could really make people wary of trading BTC.
1460  Bitcoin / Bitcoin Discussion / Re: Could bitcoin fail? on: April 25, 2011, 09:37:56 AM
Define "fail".
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