Yep you need to copyright your stuff, there are many thieves these days lol

Yes there is an article here somewhere on this blog that proves that writing captcha from a poor country you can actually earn a good income from that, look:

http://realbitcoinblog.blogspot.com/2015/02/work-for-bitcoin-earn-full-time-wage-in.html

I dont think there are whales in bitcoin yet. The core developers or whoever holds like 1m bitcoin, will hold it because of the community.

Yes maybe he will buy stuff with it, but i dont think he will exit completely, probably closing 10% of his positions

So you want to have a tyrant ruling over us to protect us from tyrrany? You realize how nonsense that is?

If people are sheeps they do whatever they want with them. Otherwise a free society will also have rules, its not the wild west, it just that it doesnt have rulers.

Careful with those ponzis, you can lose all you money on those very fast, so its risky alot.

Yea, i bet many 30 year odls who die young lived much better, and probably died because of their extreme sports or whatever.

Than many people who live until 110 and regret alot of things that they didnt have chance to do.

So quality is a big think, thats why i think money should not be distributed.

How much BTC do you have now ? About 3 btc
How much did you spent? Almost 0.5 on various investments
How much did you lost or scammed by someone?  About 0.01 in total by some idiots, and also got robbed a little

Nah thats just the oldest trick, people know that already, not worth it.

Besides too many people do it already, so the best is just to write captcha!

You can say it, for example you could trace the transaction of similar addresses or from where he got inputs/ outputs, and correlate with those.

If he has a deterministic wallet of course.

I really like these debates that go nowhere.

Deflation is good for the economy ok, i dont know what proof you got that it isnt, but you should check your facts then !

Well atleast you guys try to become better at saving, the other guys dont even recognize that they got problem with overspending...

Ok guys give me your feedback about the e-book, i`m interested very much! 

So did anybody learned some security for your bitcoins from my book? Let me hear your feedback guys! 

According to my calcultions about 750.000$ (current purchasing power of the $), which may grow to 1m$ but i highly doubt it as we face a severe recession / depression if these central banks print money like crazy.

If GDP will be lost, which will be as if the riots will break out then alot of property could be damaged, so let's just go with 750.000$ cap at best.

Now obviously not all money will go to bitcoin, you cant force 100% of the population to use it, my estimate is that at it's best it could be perhaps 40% of the world population, and thats still in optimal results, not to say about other cryptos that could replace bitcoin.

So if this is true then we will definitely need 5 more digits so that we could do commerce on the small scale too.

But my idea is to keep the names of the units "mBTC" "satoshi" "cBTC" and such, and just name the other 5 digits like 1 "Gavin" or 1 "Maxwell" or whatever from the main developers. So that it should not be confusing to new members, if we would rename 1 satoshi to the 0.000000000001 decimal it would be pretty confusing.

Well there are many arguments for keeping the supply = gdp, which  i wont discuss here, but it just more efficient that way. Of course in bitcoin we can't do that so we can only play with the decimals.

Or halve it / lose it all, gambling can be dangerous though.

There is also another way of getting bitcoin if you find people who would hire you for simple tasks: draw an image/logo, make music, or perform simple work tasks, or programming. All this can be hired for bitcoin and they could pay you nice.

Ok but that will cause exactly the same thing as you mentioned.

If 1 bitcoin will be 100 trillion $ in the distant future, then 1 satoshi will be like 10.000$ or something like that. Then if you are for example a pizza company, are you going to charge 10.000$ (current dollar) for 1 pizza , that would be 1 satoshi. It seems insane.

So either bitcoin will be better divided, add like 5-6 more decimals to it, or the 21 million is not enough to encompass the ever growing wealth of the planet.

Money printing is not always bad, but overprinting it is. The money supply must be equal to the GDP

Hmm I see then. So there is no conflict of interest then right?

Well i dont blame satoshi, i personally would have liked a coin supply of atleast 1 billion, i think 21m is too few, but then if the inflation would have been slow it would took too much time to become deflationary and people would have lost interest in 400 years or whatever it would take.

If it would be a faster distribution then the first year inflation would be immense and people would discredit it.

So satoshi was a genius for picking bitcoin 21m coins, a perfect balance between credibility & stability.

But this will make bitcoin an investmen currency and not a commercial one, because if the price gets above 1 bil $ / bitcoin then 1 satoshi would be too expensive to conduct basic transactions.

It's not that, go to a village an ask an average person there "what is money" and they will have no fucking clue.

They will say to you that it's a thing with which they get goods, but their understanding is so primitive that it's hurting me.

A dog understands that if he licks your face he will get food, but there people are just so braindead that it's very embarrasing for me to hold a Masters Degree of economics...

It's horrible how stupid people are nowadays, so don't expect these stupid people to have good decisions with their money when they dont even know          what it is!

How exactly, the more they mine the faster the bitcoin will get in circulation. If 1 people mines he will mine slower than if the whole planet is mining.