Defamation through association. That's an effective way to kill an idea.
Mark my words, that's how special interest's will attack decentralized crypto-currency.
Agreed. It happened before. The thing is, the public has learned by now to some extent, and has grown rather cynical (well, apathetic, too) - so defamation might not be as effective as before. Also, please cast your vote on a related topic in https://bitcointalk.org/index.php?topic=90822.0 |
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Please give it some thought before voting and discussing, so as to avoid simply stating your political and philosophical biases instead of providing a realistic, sober analysis.
Many people on this forum presume that bitcoin will eventually come under serious attack. Most often it's stated that "a government" is expected to attack bitcoin for some reason, or for no reason at all. Other culprits might include certain corporations, or unintended consequences of actions of users or groups of users (for example, the doomsday scenarios discussed in relation to ASIC mining).
On the other hand, perhaps you think that some or all of the above entities might actually find reasons to embrace bitcoin rather than destroy it.
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Alright, yubikey will protect my account in case a keylogger is running on my computer. Is that all? How about the security of gox android app?
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£700k is a lot for the Bitcoin economy at the moment but I think within a year there will be enough depth to buy thousands of pounds worth of bitcoins in one location and sell them for cash in your desired location. After only a couple of weeks localbitcoins.com shows enough traders to exchange up to £1500 cash in the UK for bitcoins and then sell them in Switzerland for CHF.
If depth ever becomes significant per your prediction, bitcoin exchanges and perhaps even bitcoin transfers themselves will be regulated. £700k will have been confiscated, in cash or in bitcoins, for exactly same reasons. Don't confuse today's relative obscurity of btc with freedom from regulation. Governments can't stop Bitcoin because they will just be routed around. The only way to control Bitcoin is regulate/control all electronic communication between people. Good luck keeping that working. Government can't stop cash because it will just be smuggled around. Unless smuggling fails like in example above. The real question to ask here is why any government would want to stop btc. To regulate, sure, but stop? I can see why certain private corporations might want to stop it - dwolla, paypal, western union, etc. |
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£700k is a lot for the Bitcoin economy at the moment but I think within a year there will be enough depth to buy thousands of pounds worth of bitcoins in one location and sell them for cash in your desired location. After only a couple of weeks localbitcoins.com shows enough traders to exchange up to £1500 cash in the UK for bitcoins and then sell them in Switzerland for CHF.
If depth ever becomes significant per your prediction, bitcoin exchanges and perhaps even bitcoin transfers themselves will be regulated. £700k will have been confiscated, in cash or in bitcoins, for exactly same reasons. Don't confuse today's relative obscurity of btc with freedom from regulation. |
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An integer, or it didn't happen.
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It's not volume-related, and being "old school" has nothing to do with it either. Free Yubikeys are given to people who had a transaction rolled back back when prices dropped to $0.01
You, sir, are a bullshitter.Edit: I take it back. As rjk points out below, this was an old, revived thread. |
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A classic:  |
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How a currency that approx 50% is held by a few people can be stated as a decentralize money? These people together can influence the value of bitcoin with their spending. In a way, they are in control of it's value and saying that it is fully decentralize is only a lie. The more the bitcoin will be valuable, the more they will be able to be in control. Unproportional holding of a currency is never good for the majority.
I'll bite the bait, and assume you are serious, then I'll put you on "ignore" - first of all, you are making unsupported claims to prove a predecided, firey conclusion. Second, you are free to buy or mine coins as you please, just like anyone else. A totally decentralized, level field for everyone. Thank developers for the opportunity that is offered to you for free, even if you are too blind to recognize it. |
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This has been attempted several times already, with some success. Search the forum. In my opinion, you can't dumb it down and make it brief without deciding what aspect of bitcoin is most important to that particular person. In some cases the best elevator pitches are the likes of what you can find on paysius.com or weusecoins.com. In other cases, your lay person will be more interested in political aspects. Either way, I suggest you make the explanation a dialogue. Make a few simple but crucial points, then let them ask questions. I usually get asked where bitcoins come from in the first place, and if it's simply a ponzi scheme. Wiki has a decent public relations guide.
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I've learnt that even if you start a brand new Facebook account, from the ads on the right hand side of my new account, I see that they know I graduated in 1978 and even suggest my sister as a friend as well as an uncle I haven't spoken to in a couple decades. Somebody tell me how the hell is that even possible.
For Shizzle? Did you wipe your cookies, (don't forget the flash LSOs). If so its gotta be from the IP address. I don't care if i have to live in a world where everyone knows most every thing about me, just as long as EVERYONE in society has to live by the same rule. Especially the scum bag politicians and corporate executives. I am very glad to read this - been bitching about the same thing for a while now. It's not about privacy as much as it is about the monopoly on information. That is one of the reasons for me to embrace bitcoin: the ledger is public. |
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One Calorie equals thousand calories.
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Did you know you can kill a cockroach more neatly by throwing soap foam at it? It takes several seconds for the foam to take effect but you need never fear when an invasion happens in the bathroom.
But not nearly as fun as using a home made flamethrower though. I'd rather poison a spider than burn it for some reason. Yeah, I guess spiders would probably just shrivel up. I remember that cockroaches would run around on fire for awhile. It could be quite exciting, in those days before every kitchen had a fire extinguisher. They stink terribly when you burn them, probably because of the hair. Besides, using soap creates a safety hazard due to slippery surfaces. That is why we use poison. Or a homebuilt mini flamethrower. No safety hazard there, and poison is, well, poisonous. Hrm, never thought of that. You mean spider poison is people poison? |
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Did you know you can kill a cockroach more neatly by throwing soap foam at it? It takes several seconds for the foam to take effect but you need never fear when an invasion happens in the bathroom.
But not nearly as fun as using a home made flamethrower though. I'd rather poison a spider than burn it for some reason. Yeah, I guess spiders would probably just shrivel up. I remember that cockroaches would run around on fire for awhile. It could be quite exciting, in those days before every kitchen had a fire extinguisher. They stink terribly when you burn them, probably because of the hair. Besides, using soap creates a safety hazard due to slippery surfaces. That is why we use poison. |
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the bitcoin network functions only, iff P != NP. We cannot proof this (and probably will never be able to). Hence, maths doesn't help you.
Still, ECC is cool :-)
That is one of the assumptions we built our logic, language, and science on, then forgot about it. Any "proof" would only be based on circular logic. The same goes for the idea that laws of physics are universal, and that constants are constant. All that aside, I totally think we should try and convince evangelicals in the US that the OP statement is true. I suspect all that's needed would be to offer a big btc donation to one of the megachurches. The problem is how to do all this without making bitcoin seem ridiculous in the eyes of the rest of the world. P.S. not serious P.P.S. this should be moved to a different board |
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This was obviously done over time (2-3 teeth in one session over the course of ~6 months)
Well, then... (reaches for pliers) |
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I killed a huge spider in a bathroom the other day... It happened to be carrying eggs or something so when I smashed the big one dozens of smaller ones scattered and scampered around. I reached behind me into a closet and saw hyrdogen peroxide so i dumped it on everything. Then I found some fantastik and sprayed that until nothing was moving except me. I hate spiders.
http://www.youtube.com/watch?v=PUtFHl0r28Q |
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Wow, people feel very strongly about this. Even if it's a bad idea, I don't see why we don't explain why that is so, instead of yelling. As for me, I agree with what was mentioned above (hidden in the noise) - bitcoins are divisible to 8 decimals, so there is plenty of room to accommodate deflation. Also, the rate of loss is relatively low. Finally, expiring coins would create more problems than it solves.
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