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14921  Other / Politics & Society / Re: Should We Print a Bitcoin Bible? on: May 30, 2013, 02:22:23 AM
What if we printed Bibles ....

Nope.  The future's in e-books.
14922  Other / Politics & Society / Re: Bitcoin - powered by greed? on: May 29, 2013, 08:09:19 PM
What would motivate a person to act except perceived benefit?

From a biological perspective it's not so much the individual, but the genetic structures promoting themselves.

The ultimate greed is harmony.
There's a sci fi short story...

Once upon a time a race of beings living on a heavy metal planet.  They were short, squat creatures but with nice little villages and families, and who collect and treasure and trade a very heavy metal that glows in the dark.  

Plutonium.  

They had a saying, passed on from generation to generation, as everything was, because they had no written language.  The saying was "Don't be greedy."

One day the head creature of a family told the family they were going to collect the glowing metal.  They would collect it and save it.  He explained to them what saving was.  He said they would become very wealthy.  

Instead of trading they started doing without.  Then they found they could take their metal bricks home and put them with the increasingly large pile in the family room.  

Soon they found they could go outside at night, the entire neighborhood was lit up with the light from their house.  Then they would make approval gestures to each other.  Others, in nearby huts, made gestures of disapproval.  Some would not communicate with them at all.  

Some thought there was something very wrong, and very evil, with a hut that shone light a bright light in the night.  While the other creatures' huts, the good creatures, showed only a faint glow.

But the miser's hut got brighter, and brighter still.  When would it stop?  Soon, even at mid day, the hut was glowing brightly.

.......

The head of a clan looked at the creatures in the hut and told them about trading goods for the glowing metal, and then said "Don't be greedy."
14923  Other / Politics & Society / Re: The idea of Terracoins is over 10 years old just read the proof. on: May 29, 2013, 05:59:25 PM
http://grayarea.webs.com/ Tell me if you think that I am just tripping. Or if you think its what  Bernard Lietaer was talking about with Terracoins.
I think I stopped reading at "climate change and biodiversity extinction"....

Nothing against these lines of thought at all, it's just presented as a supportive premise for the usual "need for sustainability" and then somehow a new currency is required because of that.  Way too complicated and long winded for me.
14924  Other / Politics & Society / Re: FBI intelligence assessment of Bitcoin (from 2012) on: May 29, 2013, 05:53:39 PM
It's always hilarious when any organization talks about how Bitcoin can be used for illicit activity.  The U.S. dollar is still the biggest medium of exchange for illicit activity on the globe and yet no one writes articles talking about the need to control it.

Actually it doesn't say that, "need to control it." 

It's more like directions on "how do we deal with this?"
14925  Other / Politics & Society / Re: Schumer: It’s time to go after the 3-D printable guns on: May 29, 2013, 03:59:21 PM
It's time to go after civil rights violators, like you, Herr Schumer.
Better, just print ...

wait.... pssst <<don't tell anyone, keep this just between us, okay??>>

....just print up a replacement Schumer that behaves properly and insert in DC...
14926  Other / Politics & Society / Re: Bitcoin - powered by greed? on: May 29, 2013, 01:56:25 AM

You sure about that?  Have you just equated under the term "greed", the actions of a child and the actions of adults running organizations and/or institutions, then correlated the results based on the child's experience?

Secondly, fyi, Rand did not say "Greed is good."  The above quote refers to the rebuttal by Rand of an assertion that "Money is the root of all evil", cast in fiction in Atlas Shrugged.  Even when Rand asserts that acting in one's own self interest is good, that...applied to the child would indicate the child should not eat so many sweets.

I think what may confuse the entire issue is the various definitions and uses of the term "greed."


OK, semantics get tiresome pretty quickly for me. Also I did not attribute "greed is good" to Ayn Rand, rather the long quote that Gordonium pasted without attribution.

From wiki: greed = "an inordinate desire to possess wealth, goods, or objects of abstract value with the intention to keep it for one's self, far beyond the dictates of basic survival and comfort".

Obviously my analogy was to point out that a child has to learn not to take more than they need. I don't think it's much of a stretch to apply the analogy to the rich/greedy?  Is it good that we have people who could spend $100,000 a minute and still not be broke by the time they die?

I would think that greed is inherently counter to self-interest, so let's not bother trying to equate those terms.

Sure, in the sense that adults with poor impulse control are going to be failures in life - that impulse control can be hunger, sex, anger, any of a number of things.
14927  Other / Politics & Society / Re: Schumer: It’s time to go after the 3-D printable guns on: May 29, 2013, 12:27:17 AM
Quote
But if people are empowered to make whatever things at home (with easy to use equipment that you can run on your desk, not a workshop with lathes and such)  without any government control, then that is a whole new dilemma.
Indeed if you have the power to fabricate any spare part simply by downloading a cad from a database its a whole new ball game.
The secondary market would be seriously affected. Example, a washing machine door handle (know in-build failure point) cost of production a few cents sells for 10-20.
The other thing the service centre would not need to store it as it can manufacture as needed. No prefabrication and storage required.
At the same time, will it be the same dilemma as with current printers where you a forced to use expensive cartridges?
Not only for illegal stuff this printers will change the way things are done.
True.

Another interesting one (There is a reason I pick this particular example).  Car window rollup mechanisms have usually something like a worm gear and a linear gear which work together, along with the motor and the mounting frame.  I used to have some Volvos and every now and then shelled out $350-400 for one of these units.  Of course it was often just the plastic stuff that was broken.

No longer have Volvos, but about the time I switched from them, one of the service managers told me that the newer cars you had to buy the entire interior guts of the door when this problem occurred - some $1500.

So this is an example of "packaging" so as to create a major income producing item, when a tiny subassembly is all that is really needed.  There are many examples of this.
14928  Other / Politics & Society / Re: Why do people in USA fear socialism so much? on: May 28, 2013, 02:29:32 AM
USA fear socialism because this term was used by USSR to oppose global domination of USD debt economy,
Lets pick developed capitalistic countries like USA, Japan, they highly dependent on resources from Russia, Latins, Mid East, Africa, because the living standards based on exchange of highly marginal goods And USD debts to low paid resources and low paid works.
 
socialism is a zero sum game, capitalism is not.
14929  Other / Politics & Society / Re: Schumer: It’s time to go after the 3-D printable guns on: May 27, 2013, 02:58:25 PM
Handcuff keys, that's a good one.  I agree the extrusion printer would do it.  It would not likely do 5 and 6 pin Schlage or Quickset style locks, although those can certainly be duplicated by a camera picture.

Keys is just an examples, there a more items where we trust them because we know the production or sales is restricted, for example police badges on a uniform.
Then the GREAT DISRUPTER is ebay.

Hail the Overlord of Distruption!
14930  Other / Politics & Society / Re: Bitcoin - powered by greed? on: May 27, 2013, 02:53:35 PM
Money is the barometer of a society's virtue...
...Take your choice. There is no other.

And your time is running out.


No citation?

It's Ayn Rand. In a rare moment of somewhat coherent thought...

I'm so sick of this "greed is good" meme. A child's first experience with greed is usually eating too many sweets - they get sick and don't do it again.
The whole reason we're here on this earth is because we cooperate and depend on the "kindness of strangers". Greed invariably ends badly and
causes great misery to those on the receiving end of it.
You sure about that?  Have you just equated under the term "greed", the actions of a child and the actions of adults running organizations and/or institutions, then correlated the results based on the child's experience?

Secondly, fyi, Rand did not say "Greed is good."  The above quote refers to the rebuttal by Rand of an assertion that "Money is the root of all evil", cast in fiction in Atlas Shrugged.  Even when Rand asserts that acting in one's own self interest is good, that...applied to the child would indicate the child should not eat so many sweets.

I think what may confuse the entire issue is the various definitions and uses of the term "greed."
14931  Economy / Economics / Re: 10 BTC Challenge for Praxeological Proof of Economic Cause and Effect on: May 27, 2013, 02:48:23 PM
I am re-posting this bounty in the Economics section to attract people that may not follow the project-development blog where I am attempting to find someone to convince me that my strategy for creating an issuer-less crypto-currency that tracks the value of any other economic asset (gold/silver/dollars/etc) would break down in the market.   If the crypto-USD fails to have any 'meaning' relative to paper-USD then my system fails.  If the crypto-USD does have meaning that tracks paper-USD, then I will have created the first interest-paying bank with 0 counter party risk that can take deposits in any currency.   This woud be a major breakthrough.   However, I need someone to double / tripple check my reasoning and attempt to convince me that the prices would not behave as I believe they would.

If someone could explain via an austrian-based praxeological proof how the price of crypto-USD created according the rules in my proposed block-chain will deviate significantly and without correcting forces from paper-USD on a long-term basis and barring complete failure of the underlying 'bitcoin like' backing currency which we will assume will not lose all value (or else bitcoin could suffer the same fate).

You will have to trust me that I will be honest and allow myself to be convinced.  If you do convince me then I will abandon the project.

If you find minor, but easily correctable flaws then I will provide tips at my discretion as thanks for your contribution.  If you prove it *impossible* using anything even remotely similar to my strategy then you will win the bounty. 

Note: this bounty is a variation on my existing 10 BTC bounty and is not a *second* bounty. 

I have posted a draft white paper describing the block-chain here.   

https://docs.google.com/document/d/1GL3KVgqkm-p0YT0sGniagPlqjBq43b-LTbegbTJ6hAo/edit

Alternatively, if you can provide a clear and and original explanation for why my system will perform as I expect then I will gladly provide tips.   

I take your challenge and here is my answer.

Counterparty risk.
14932  Economy / Economics / Re: AUD is falling! lucky I have bitcoin on: May 27, 2013, 02:45:10 PM
AUD down?
0.9651 AUD to 1.0 USD
last month
1.02 AUD to 1.0 USD
And 2006 1.44 AUD to 1.0 USD

the AUD is strong
14933  Other / Politics & Society / Re: Schumer: It’s time to go after the 3-D printable guns on: May 27, 2013, 02:55:28 AM
The topic of the thread is of course, 3d printed guns.

What else?

You can cause a lot more problem by just looking at real world example like this:

http://blackbag.nl/?p=940

You can take pictures of peoples keyrings and print their keys

Stupid 19th century technology caught up by a $600 printer....
Handcuff keys, that's a good one.  I agree the extrusion printer would do it.  It would not likely do 5 and 6 pin Schlage or Quickset style locks, although those can certainly be duplicated by a camera picture.
14934  Other / Politics & Society / Re: Schumer: It’s time to go after the 3-D printable guns on: May 26, 2013, 10:37:22 PM
Who needs China anymore when I can just print those cute little figurines.  Anyway, has anyone considered how many jobs will be lost to these things?
Wait.....

You mean China isn't going to own us?
14935  Other / Politics & Society / Re: Schumer: It’s time to go after the 3-D printable guns on: May 26, 2013, 09:46:12 PM
Actually I think 3D printers are another very disruptive technology, especially the medical applications.
That's too tame.  Let's consider how they may be disruptive against the nazi forces of political correctness and insane government micromanagement of ouir personal lives.

I've noted showerheads without flow restrictors, designed and printed to provide high output.

The topic of the thread is of course, 3d printed guns.

What else?
14936  Other / Politics & Society / Re: First movie or TV show with Bitcoin on: May 26, 2013, 03:30:52 AM
It's already happened (TV show). The Good Wife.

Edit: Unless you are talking about Bitcoin being involved in the main plot line.

A fantasy, but very cool

https://bitcointalk.org/index.php?topic=55252.0
14937  Other / Politics & Society / Re: First movie or TV show with Bitcoin on: May 26, 2013, 02:48:37 AM
You name it.

What will it be?

What is the bitcoin's relation to the plot?

BTC Entourage, in my sig. Coming soon to YouTube Smiley
YOu know, like, that's sweet.  Like, I could really get into, like, all the ways that - you know?  Things would come down in that cool show.  Like, I could play the dumb idiot from Jersey Shores, ya think?  And, well, maybe, like, you'd have no dumb bitches so everyone would think I was the stupid idiot from moronic TV?   So, like you'd have all the smart people, right?  Hey, kick ass.  Yeah. 

http://www.youtube.com/watch?v=fJIjoE27F-Q
14938  Economy / Economics / Re: "Ben Bernanke is going to get fucked! hes going to get fucked!" - Max Keiser on: May 25, 2013, 11:47:52 PM
It is its role as the world reserve currency that keeps the dollar afloat. Bitcoin will not supplant the dollar as a significant reserve currency in the near term but other threats are on the horizon.

http://www.zerohedge.com/news/2013-03-31/thanks-world-reserve-currency-no-thanks-australia-and-china-enable-direct-currency-c


I read a news story about Bernanke and how fucked things were.

http://www.theonion.com/articles/drunken-ben-bernanke-tells-everyone-at-neighborhoo,21059/
14939  Other / Politics & Society / Re: First movie or TV show with Bitcoin on: May 25, 2013, 05:26:46 PM
It's already happened (TV show). The Good Wife.

Edit: Unless you are talking about Bitcoin being involved in the main plot line.

Cool...

http://www.youtube.com/watch?v=-fazu1rgr9k

In this abomination of a hijacked  main plot link, too...

http://www.youtube.com/watch?v=au634gy6F3c
14940  Other / Politics & Society / Re: First movie or TV show with Bitcoin on: May 25, 2013, 03:56:14 PM
Dr. Strangelove II or: How I Learned to Stop Worrying and Love the Bitcoin  Grin


We'll mine again, don't know where, don't know when...

Good ONE!

http://www.youtube.com/watch?v=wxrWz9XVvls

Tell him to call the base commander, what's his name, Ripple.

http://www.youtube.com/watch?v=UYd9OBmC9-U
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