Bwahahahhahahahah  You sir are ->  |
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Yeah but it might eliminate the idea of a government being desirable or needed.. |
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If you find any "less desirable" coins, please don't hesitate for a second sending them to me. I'll gladly spend them in your place.
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A coin is a coin.
Pecunia non olet
Again, wishing it to be so doesn't make it so. As much as I wish that was the case, it just isn't. Unless you know of a method that would guarantee 100% accuracy and 100% reliability when connecting an identity and their actions with a specific Bitcoin transaction, a coin is a coin. No need to wish anything, it is so. |
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There have been 1000s of threads about this stupid taint idea. Why does every newbie inhere start the same topic instead of educating himself why this is actually stupid.
Bitcoins are fungible, and luckily, will ever be.
Bitcoin fungibility is debatable, Is there even a DB to check if the BTC you just received are tainted and if so with what activity ? How would you feel to be sent back BTC stolen from you to make a purchase. I'd wish to do some investigation. You are mistaken. Bitcoin fungibility is NOT debatable. Yes, the history of how all coins change ownership is available but that's all there is because it's impossible to accurately and reliably link it with actual identities or activities. Yes you can do it roughly, but not 100% accurately and 100% reliably, and that pretty much sinks your point.- |
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That guy's hilarious. I wonder if he'll ever realize how dumb his statements are or will he just be shaking his head as BTC continues to go up?
Some people just need to learn the hard way..  |
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Hey OP, I'm about to report your bitcoins as stolen, k?
hahahahah LOL owned. I actually laughed out loud when I read this. hahahaha |
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The problem is it's not being advertised anywhere.. For instance if you go to blockchain.info and click the wallet link, you can't find the link you posted and I've said this to piuk before but it seems he hasn't had the time or perhaps forgot to address it.
I've added a link to it on the [Account Details] security page. Awesome, thanks! Keep up the great work. |
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lol "Look mom, I'm a mega billionaire!"
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Any updates on this, does it work?
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The problem is it's not being advertised anywhere.. For instance if you go to blockchain.info and click the wallet link, you can't find the link you posted and I've said this to piuk before but it seems he hasn't had the time or perhaps forgot to address it. |
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She says yes, it was the last one (as of this morning) on that page. I applaud your efforts here and it's more than I've ever done, but I must say that I lean heavily toward the thought patterns of whoever is responsible for the 'official-ish' Bitcoin site (Gornick's link above) and there seem to be some notable opposites between your posters and those suggestions. For me, the most effective campaign would be one which specifically does not make any significant claims other than that the Bitcoin solution is different than our current solutions, interesting, and legitimate. Like my mother, I also may not be completely typical of mainstream consumers, but, again OTOH, I'm not sure that that mainstream consumers are group who are likely to be drawn to Bitcoin no matter what the marketeering. And if they are they could probably be turned around by a story or two in the MSM about Silk Road or whatever. I personally have changed my opinion on how to market Bitcoin. I think that there are a lot of niches that can use Bitcoin effectively, and those are the groups we should target. I'm brainstorming a new logo complete with new marketing in another thread if you'd like to help out! Thanks, -Jon I'm interested to help out, what's this thread you're talking about? |
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If you believe deflation is a problem, answer this question: Would you rather work and be paid with a deflationary currency (gold / bitcoin), or inflationary currency (USD / zimbabwe dollars)? Of coz inflationary currency. Deflation leads to unbalanced economics in which even a small factor could crash the whole system. Bitcoin will raise to 100$, 1.000$, 10.000$ just to fall to 0$ at some point. I'm sorry, but that's just idiotic. Who in their right mind would want to work for money they know will be worth less over a period of time just because you say it's going to help the economy when they have the option of working for money that will be worth more over time?  Inflation problem is solved with putting the money, u don't need right now, into business or bank accounts. Every person who have basic knowledge of economics would choose inflationary currency. OOooohhh I see, so what you're saying is if I had any clue about economics I'd know that in order to get the greatest benefit for a society out of an economy(i.e. making a small gang of psychopaths rich when they steal by counterfeiting) I'd want to make a self sacrifice and use a currency that makes me poorer over time. And in order to protect myself from getting poorer I'd want to expose myself to counterparty risk by giving my money over to someone else in the economy (i.e. basically the same small gang of psychopaths) and allow them to do with my money what ever they want in order for them to pay me just barely enough interest to cover the inflation rate, if that. I see, yeah, that makes a ton of sense to me, where do I sign up? You got to be joking. |
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If you believe deflation is a problem, answer this question: Would you rather work and be paid with a deflationary currency (gold / bitcoin), or inflationary currency (USD / zimbabwe dollars)?
Answer this question: How would you rather pay your employees? With a deflationary currency, or inflationary currency? When I hire someone for a year, I'd rather not have to change their salary every week to make sure it stays around the same value. And as long as employees don't get paid in BTC, it's never becoming a mainstream currency, but stays a commodity. That's you and your personal preference and also irrelevant to the whole market. Those who will want to deal with a currency that gets worth more over time will find a way to solve this "problem". Perhaps a solution is to peg the wage contract to some amount of purchasing power instead of a fixed amount of currency. |
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If you believe deflation is a problem, answer this question: Would you rather work and be paid with a deflationary currency (gold / bitcoin), or inflationary currency (USD / zimbabwe dollars)? Of coz inflationary currency. Deflation leads to unbalanced economics in which even a small factor could crash the whole system. Bitcoin will raise to 100$, 1.000$, 10.000$ just to fall to 0$ at some point. I'm sorry, but that's just idiotic. Who in their right mind would want to work for money they know will be worth less over a period of time just because you say it's going to help the economy when they have the option of working for money that will be worth more over time? |
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Besides, if the merchants are more comfortable doing business in more traditional currencies, no one's going to force them to use bitcoin. It seems to me that most of the talk about inflation/deflation becomes irrelevant as soon as we let go of the idea that currency has to be a monopoly.
Merchants are more comfortable doing business in more traditional currencies, because the deflational nature of Bitcoin doesn't allow them to sell their stock at a profit (as explained above), not because they don't want it. If the merchant still would ask 100 BTC for that car in order to make any profit, nobody would buy it, because it's above the market-value in USD. So how will Bitcoin ever become adapted by the mainstream when most merchants can't use it, unless they pay their suppliers in USD? I do not think Bitcoin will ever become a monopoly, but it seems it could never function well if it was, and that seems not a good sign... The mistake you're making here is assuming that because you can't find a solution other wont be able to either. And that's just not the case. Just because you don't see how this "problem" can be solved that doesn't mean there aren't merchants out there who know how to solve this problem. A clear example are merchants trading highly volatile commodities. These merchants must find a way to protect themselves in case they can't sell the commodities they bought at a higher price in case the spot price falls. How do they do it? The use futures contracts to hedge their profit, something that can be done with any good. If I car may fall in price, a car salesman can buy/sell a futures contract and protect his profits, problem solved. BTW in case you didn't notice, bitcoins are consistently getting worth more and most likely never will. There will always be period when they get worth less because of people trying to diminish their balance sheets. |
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It is illogical.
It's sensationalism driven media hype, he must hold an extreme position in order to stay relevant. |
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But then you're asking merchants to change the way they have been doing business for decades, which seems unlikely to happen.
Why does it seem unlikely to happen? I think it's very likely, almost certain to happen. So how can Bitcoin solve this problem for merchants?
Bitcoin doesn't need to solve anything. |
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It's truly astonishing to me how well the public education brainwashing takes hold of people's minds and makes them believe crazy stuff that no rational person would ever consider as logically valid and part of our reality. This is basically what the OP claims: So yea, umm hey guys, you can't have money that gets worth more over time making you richer! You know, because that will cause problems for the economy! You must have money that gets worth less and makes you poorer and it must get worth less by allowing this small gang of psychopaths to counterfeit and steal the productivity of the entire economy, it's only this way that you'll ever have a viable and healthy economy!!!11 W T F? |
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arXiv is a cool website that gives, in my opinion, a glimpse of what science might look like in the future.
http://snarxiv.org/Those are some really great papers. I really like the one examining how anonymous Bitcoin really is. |
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