Not all, just those who unknowingly "invest" in a ponzi scheme.

It's a shame really, that so many people are financially and economically illiterate to fall for scams like a ponzi scheme and it's especially a shame that with already much negative press that Bitcoin is getting from various fallacies being used as valid arguments in article to articles with reports on thefts and hacks, Bitcoin users and suporters neither appear to be able to escape being labeled idiots who fall for a ponzi when this all blows up and people lose a ton of money.

But I guess that's just the way it has to be; "A fool and his money is soon parted."

Yeah me too, the writing by that guy is very engaging, I couldn't stop reading so thank you from me too!

It's a month later, do you guys have any news?

Yeah the writing was indeed really good. I could read a whole book about it. There were numerous moments when I laughed out loud or made out loud comments to myself about how intelligent, sneaky, precise and thought out his strategies were.

And all this fraud just because people are financially and economically illiterate. 

There is no such thing as voluntary taxes - it's an oxymoron. The appropriate name for what you call voluntary taxes is "a fee".

I just read the story linked in this post: https://bitcointalk.org/index.php?topic=91214.msg1004663#msg1004663 and I couldn't help myself but to write what I wrote.

Bold move considering people will learn how you look and who you really are. It's almost as if this was a stunt to inspire confidence.

What a magnificent read, thank you very much OP I really enjoyed it!

Yup, made my day too!

I like economically illiterate better and this goes for most people alive, like 99% (% pun intended  )

Wrong again, supply would increase since people wont want to get stuck with an illiquid currency that they can't use to pay their bills. You'd only be right if bitcoin acceptance grows to the point where using them you could do virtually all of your transactions in the marketplace you typically need to or want to do. But since the attack I outlined is legislation forbidding businesses from using it this is highly unlikely the scenario to actually play out.

That's very dishonest when you look at how many demand orders currently stand on all the exchange combined compared to all the other options for acquiring bitcoins. Removing all this demand would instantly crash the price but also remove some of it's usefulness gained through the current low barrier to entry.

That's a bit of an ignorant observation to the demand side of the supply/demand equation that determines a price. It's a hell of a lot different to make something illegal that it being illegal likely isn't going to diminish it's demand than it is to make something illegal that it being illegal is very likely to severely diminish it's demand.

This, it's easy precise code..


Precisely, because the information is completely public and available to everyone game theory suggest the market will price the reduction in before it will actually happen and the change wont be disruptive at all.

IMO it is the most pressing issue Bitcoin faces from a technical perspective.

That's a false comparison if you are honest.

First bittorrent is by a huge amount more decentralized than Bitcoin, and the decentralization of Bitcoin is shrinking, not growing.

Second bittorrent does not depend on frictionless integration with the traditional banking system like most of exchanging of fiat currency for bitcoins does which is what gives them there current exchange price.

It's unfortunately fairly easy to at the least significantly diminish the value of bitcoins and the use of Bitcoin if not out right destroying it by simply legislating it away. You forbid banks to accept funds coming from businesses dealing with bitcoins and label those few left who'd still do the mining as terrorists and hunt them down.

Of course when I say fairly easy I'm talking about the effects of such legislation not the difficulty of passing it all over the world and have it stick.. but this is something we will find out because there's not a shred of doubt in my mind they'll try to legislate it whether as an outright attack or in an attempt to control it.

Could be both.. 

This similar to what I figured would be a good idea, the only way to fight bots is with your own bots detecting malicious users. Make them pay a high price to solve the bitcoin captcha, use a bot to monitor if they are spamming, if they are, confiscate their money, if they are not, return it after a period of time.