I have had this idea banging in my head for a while.

But first...
It's kind of odd for me with my Anon tendencies (I create technologies and memes that explode in your ears) looking at the nasty whitehat destruction that Luke-Jr pulled. I say it's odd because I wouldn't be in any community that didn't have people willing to attack it from within. I can only wonder at Luke's reasoning, but I witnessed Anons attack their own several times though not in a destructive way, rather simply to cause temporary hesitation. But that was too far.

THAR CAN BE ONLEE WAN! - Luke Dash Jar Jar

A 6 hr protest at most and then move on. Blackhats disrupt. Whitehats destroy. Nation building space crusader. Christ Almighty.

/rant

I've been thinking a while about a mined token architecture involving multiple token bases.

1. Suppose you have a given difficulty for generating a Bitcoin and by some luck you generate a coin that would qualify at a larger difficulty. We can call that birthpoint.

2. The new token base would need a birthkey to make payments between one token base and the other impossible. The birthkey would be generated and converted into an address which would then be the token type identifier. Then the birthkey is thrown away. The birthchain is recorded.

3. Quantities are signed with that address / token type identifier.

4. The initial difficulty for a new token base would then be as follows:
w = birth threshold
x = difficulty of the motherbase
y = difficulty of the birthpoint
z =  collective age of a wallet relative to a motherbase
   = sum of (children * lineage of children * amount of each child base) for each lineage in a wallet
bitcoin would be generation 0

a = y / x = relative difficulty ratio
b = a / w = how difficult the birth was
c = x / b = the reference difficulty
difficulty = (c + zb) = xw/a + za/w = x^2w/y + zy/w = (x^2w^2 + zy^2)/yw

The value of a wallet then would be the Euclidean length of all currencies sharing one eldest motherbase.

A^2 + B^2 + C^2 ... = V^2

5. This should satisfy both the necessity for diversity to prevent abuse of power which Luke Jr demonstrated and also Luke Jr's concerns (I can only guess) that perhaps arbitrary low difficulty beginnings are bad.

6. Also it allows you to intentionally create new token bases that are of higher initial difficulty. "Hoarders" and early adopters might like a token base with higher difficulty which would result in a more stable price and would be glad to let go of those bitcoins they are sitting on to acquire it.

Crypto-currency alchemy. /bows

1. Social security is a scam only because  it decreases the number of people helping each other outside the system.
2. Amway got caught in an odd scam if I remember.
3. I can forgive not knowing about Worldcom, but Enron ended up in dead bodies. How do you not know of that one?
4. I think kitten stampedes are a disgusting way to manipulate people, but not unethical.

Bitcoin console client and storage needs fixing:

One of the odd things about wallets is that you can send more than what you have in an account to an address you already have as long as you do not send it to the outside world.

Having said that, it would be possible then to:
1. Get coins out of nowhere!
- send 1000 BTC from one account to an address in the same wallet.
- use extractKeys to get the private key for that address
- use pywallet GUI to add the 1000 BTC address to a new wallet

2. Intentionally remove coins out of the BTC economy!
- do #1
- start bogus investment service
- repeat #1 a la Madoff
- receive new investments
- wait until investment is 10x original amount
- destroy wallet containing the address with negative amount of coins
- send original coins back to the address with negative amount of coins
- send rest of coins to the same address
- microwave the hard drive and then hit it with a sledge hammer

3. Increase the number of bitcoins in your wallet
- do #1
- sell bitcoins at an upward ramp of prices in increasing quantities
- do #1 again
- sell bitcoins at a large quantity at a fixed price forcing the price downward
- do #1 again
- sell bitcoins at a downward ramp of prices in increasing quantities
- do #1 again
- sell bitcoins at a large quantity blocking any attempts to increase the price
- watch people panic
- buy coins as they fall
- do #1 again
- sell more to make it a steady drop
- buy like crazy up to a price point
- sell like crazy to drive the value of your coins way up
- return all the extra coins to the black hole in your wallet.

There must be a way to prevent the client or blockchain from storing negative numbers.

I sincerely hope this post makes fiat trained speculators' heads explode. Lulz.

well first you turn that freaky thing into a form that looks like a private key. it is encoded rather than encrypted. so likely a given chunk of the key produces a given chunk of the freaky thing.

then you try to add it to a wallet using the recovery tools which do it for you and see if you get that address.

Minimum wage is lower. One gets paid fewer loaves of bread per hour than one used.

That didn't help.

Also it's a staring contest. Starving and free to try other means of short term employment is better than employed and starving and therefore not free to try other means of short term employment.

Dancing around the capital fundamentalist circus (where they only use fiat as a reference of cost) is no good.

Try physical economics instead.

If you lower wages then you have to wait for food and rent to drop as well. Neither are likely. I think minimum wage laws should treat individuals below the 1.5x the poverty threshold differently. This way some kid living at home can make some small change while an adult on their own can still expect some extra for their necessities.

My cat ate your bear.

^This is the official "I tried to solve it, then I took an arrow to the knee" post trying to discourage others from trying.

Sadly, with the wallet recovery tools and a console wallet quirk you can get as many bitcoins as you want. I'm going to test it with 1 BTC.

Define your favored non-Euclidean space and a suitable metric.

Your circles are now scared.

It's not the incentive. Socialism doesn't make people lazy or less creative. It makes them more afraid to override authority. That why quality suffers. Classical incentive theory is for mass production systems which are corporate socialist anyways.

Individuals can be motivated by their values (inspired) rather than reward and threat.

I don't believe in systems. Systems sabotage culture. Culture prioritizes participation. Systems prioritize organization.

An organization cannot produce without participants. On the other hand it only takes one clever person to organize. Participants are the substance. Organizations and therefore systems are dependent, lacking in foundation in and of themselves.

Let me make it simple. The Iraqi leadership evicted us, meaning a certain class of personnel have to leave. However, quasi civilian personnel are staying in a nice new building we built.

Also we are in Iraq, Afghanistan, Pakistan, Libya. Hovering over Syria, Iran, Israel.

And the main issue is not Iraq (where the hell do you get your news? CNN?). The main issue is that we have bases in 130 countries.

Finally, what part of Indefinite Detention do you not understand? Obama wanted to veto that thing because it had a provision for American citizens to be excluded (migrant workers, Native Americans, are not real people under Obama... pretty soon gays, blacks, midgets). Now it doesn't have any protection for anyone except le signing statement.

Also the SOPA makes it possible to shut down a site by mere accusation, which means if you criticize the detention you will be called a pirate and you will be shutdown.

Do you understand now or will you continue shoving Cheetos and six packs in your mouth while the country burns down?

Withdrawal my ass.

They announce that you intend to use that space for an indefinite amount of time, for private purposes, and you have absolutely no intention of lowering your own freedom by submitting to the subordinating requirement of explaining to some random hysterical paranoid control freaks what your purpose is.

No borders is dividing by zero in terms of neighbor relations. Good luck with that one.

I can set up WHM.

I'd be willing to do this for bitcoins and some resources (CPU/bandwidth/storage) for some of my own projects.

"An act to criminalize private issue IOUs managed electronically through a cooperative authentication system" is a phrase coming to a bill near you.

I see fascism in your future, now give me back my crystal ball.

LOL. Yeah. Thanks.

Since I'm out of n00b jail, I'll make my first free man post since my return to this place.
I cannot believe the attitude here.

It's absolutely disturbing.

There's going to be god damn flying 12 monkeys up in the streets in 12 months with food riots and you people are bitching about helping out someone whose work benefits everybody?
Don't give me that investor bullshit. Lead a path to his door? Where do you see these magic droves of customers coming from? If you haven't been paying attention 9/11, the bank failouts, the Breivik shit, and the prospect of either a war banger or a nasty war banger as president, these tragedies of the past, present, and future have sucked the optimism out of most people. We are all mostly burnt out and could use a little spontaneous vitality.

Holy fucking shit.

Just for that I'm donating the .00017760 someone sent me once to DiabloD3. Sorry man, I hardly have any, but I thought I'd pay you the same compliment someone once paid me under my previous account (I no longer have access to that email) a long time ago.

Also, for anyone here still fantasizing about the economy and telling people to get jobs: Are you hiring? If not stop projecting your forced optimism from your own insecurity on someone else.

Also, cocks.

LOL. The notion is in the ocean (TM yours truly). HIVEMIND!

See my post on page 2.

Here's an idea:

Use microwallets. Like say use dobits (.001 BTC) with a wallet cap.

When people deposit their bitcoins 99.9% gets distributed throughout the game. Under rocks with challenges attached for example. They get an equal amount of dobits in their in-game wallet. As people find the distributed coins they move out of the microwallet of the user who deposited them. If the user transfers dobits to someone else they move from the place they were scattered. Coins spent at non-player character shops go back into the game.

As a result you are using the game itself as a bank making it impossible to steal any of the coins easily. As long as coins are locked or behind an unsolved challenge then they cannot be moved. If they are transferred between in-game wallets without a matching transaction any attempt to withdraw will have them sent back to the owner.

This adds a curious possibility: You can have campaigns where people can choose to play a thief character and steal the dobits but never actually own them. They can then be exchanged for items at shops but the ownership remains with the original user.

This allows the tactics and strategy of spies and thieves to be played out in a controlled way that's challenging and fun rather than allowing people to steal large amounts.

If someone were to hack into the system they would only have access to the dobits. Not worth the trouble.

If people want to withdraw their bitcoins, they will be removed from the game.
If people do a transaction of bitcoins it must be authorized by both parties, even a third (say a guild secretary).
If someone sends the dobits to their in-game wallet by hacking and tries to withdraw, the coins will actually return to the correct owner. Again not worth the trouble to hack.

In order to steal, the attacker has to move the dobits into their wallet, hack into the user's email account, hack intto the secretary's account, or create a fraudulent transaction in the database after hacking into that. And that would require modifying multiple tables.

I could draw up the code for this scheme and it would make the security of the exchanges pale by comparison. In fact, it might replace them.

I'd still use them.
Why?
Because they would be banning IOUs next.

I may have something you'd be interested in.