For the same reason I used to think it isn't but now I think it indeed is. BITCOIN is the Apocalypse!!! But look up what Apocalypse actually means: "disclosure of knowledge, hidden from humanity in an era dominated by falsehood and misconception". Bitcoin will force all the hidden players to come out and show their true faces. Makes perfect sense to me.
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Gerüchteweise sinken die Goldkurse nur, weil die Leute ihre Goldanlage-Versprechensscheine verkaufen und echte Goldmünzen kaufen.
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yup we need one with krugman
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yes that's quite ridiculous. All statistics clearly show how mass purchasing power dropped dramatically in the last decades.
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najo der Ort meiner Bank ist nicht mein Wohnort.
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first: bitcoin is grate and it will be used for a long long time, this is not a critic of bitcoin.
first we had simple trading of goods: "if i give you 1 fish, you give me 2 apples". then we had investments(i think...): "if you give me 2 apples now, i will give you a fish tomorrow". then we had store of value: "this piece of gold, even if it does not have any intrinsic value, can be traded for one or more fish". and then paper money: "this piece of paper can be traded for gold". after that you was forced to use paper money, as fiat: "you are forced to accept fiat as payment". and finally bitcoin: "reverting back to digital gold".
so i think bitcoin will become obsolete at some point in the future. what will come next?
actually, that is not quite true. Gift economies, obligations in communities, aka forms of promises or debt, came before barter. Read http://en.wikipedia.org/wiki/Debt:_The_First_5000_Years But other than that, what is the future? I think instead of currency, we can have whole marketplaces and economies that run over P2P networks. This allows a currency to have stable (i.e. non-speculative) value as it can be pegged to the economic power ("GDP") of its network. Or maybe this abolishes the concept of a currency at all. All assets, be it raw material like oil or services like an hour of your expert programming, can be traded directly in that marketplace, maybe weighed against certain basket of goods standards.
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what's wrong about a separate Marscoin?
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wow, weil in der account-ansicht ein link zu satoshidice ist? smarter filter.
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warum wird denn ausgerechnet blockchain.info gesperrt?
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Das kann man dann bei Ripple abschaun, die machen auch kein Proof of Work. Weil es da quasi Accounts gibt, funktioniert Konsensfindung auf dieser Ebene dann. JoelKatz vergleicht es mit der Konsensfindung von Menschen in einem Raum. Aber als hinreichende Bedingung zur Verteilung von Grundeinkommen reicht's nicht, weil man trotzdem mehrere Accounts anlegen kann. Mehrere Accounts kosten halt quasi lediglich mehr. m.E. braucht es eine Kryptowährung aber eh nicht, wenn man sowieso eine zentrale Organisation hat, die Identitäten überprüft. Dann hält man einfach eine zentrale Transaktionsdatenbank und hofft, dass man eine vertauenswürdige, unkorrumpierbare Organisation bleibt. @herzmeister Hab ichgrad entdeckt: You can register by clicking the button below. Get 20 occ as a welcome present. Basic income gratifies your activities with 100 occ every month. http://bank1.occcu.com/do/loginlöl, dieser Occcu war ein ziemlicher Fail. Die hatten erst tatsächlich an jeden verteilt, der sich angemeldet hat, ohne Identitäten zu überprüfen. Eigentlich wurde genau deswegen der Freicoin entwickelt, um diesen Occcu abzulösen, da is irgendwo ein langer Thread noch über das alles.
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Question: Do you use a PC or a Mac? (Voting closes: April 24, 2013, 07:41:28 PM) [ ] PC [ ] Mac
And where would a hackintosh go?
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Unbelievable. What's going on is this:
A while ago Mike Adams started accepting Bitcoins in his Natural News shop. That brought him lots of negative reactions from the paranoid conspiracy crowd.
Now he says publicly on Alex Jones that the Bitcoin experiment has failed, and will probably stop accepting it. He doesn't want to alienate and scare away his customers, does he?
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In Ponzi, when no one is buying, it collapses.
In gold, silver, or Bitcoin, when no one is buying, price merely stagnates.
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Ripple supporters will say that XRP is superior because it doesn't require mining, but this is a seriously contentious issue - let's remember that the Bitcoin mining process is not arbitrary. It introduces a specific type of security based on proof of work. While Ripple removes the proof of work concept, it may not require burning CPU cycles, but it is thus not protected by any proof of work system. Maybe proof of work isn't necessary, but Ripple will need to prove that over time, whereas Bitcoin's system has proven amazingly resilient over four years in the wild, with every hacker in the universe trying to exploit it.
Because there's no reliable way to find consensus by IPs or anything network related, Bitcoin's method of finding consensus is proof of work: once CPU (cycle) one vote. The way I understand it, the important difference and reason why Ripple does not need proof of work is because it has something reminiscent of actual accounts. JoelKatz compares Ripple's method of finding consensus with how people in a room would come to consensus. That's only possible because you know what people are, what a person actually is (as opposed to within the Bitcoin system). So the security in Ripple is rooted conceptually in its social aspect, not in the code. It's actually not free (you need XRPs) and it takes effort (setting up trust relationships and/or gateways) to create an account, which is something that cannot be so easily automated. Kind of like a clever CAPTCHA.
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Wenn ich mir so den Kursverlauf der letzten Tage anschauen, hab ich so langsam das Gefühl, dass nur die Amis Panik schieben, während die Europäer immer noch in Kauflaune sind.
Der Kurs sackt immer ab, wenn die USA Westküste einsteigt. Und dann kommt auch immer das massive Gox lag.
jawoll, Amis raus aus der Bitcoin-Eurozone!
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it complements and will boost Bitcoin (as it's a built-in currency), but it will also compete in a way. Much value transfer can indeed be done via Ripple only.
But, besides the more centralized model, Ripple cannot offer the privacy that Bitcoin does. A Ripple account, despire requiring no ID (yet?), exposes quite a lot of information and can pretty well be data-mined. Not that Hipster Jane would care though.
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http://www.dailymail.co.uk/money/news/article-2308250/ALEX-BRUMMER-Britains-disguised-economic-growth-story.htmlALEX BRUMMER: Britain's disguised economic growth story
In ten days or so, amid much ceremony, the Office for National Statistics will release its estimate of how well the British economy did in the first quarter of the year.
The likelihood, from what we know so far, is that gross domestic product (the total sum of what the nation produces) will have expanded.
There will be much talk, no doubt fuelled by tendentious claims from Labour Party HQ, about how the country barely escaped the horror of a ‘triple-dip’ recession.
[...]
Digital gold
The idea of creating a new global currency is not new.
IMF special drawing rights, part of the Bretton Woods settlement in 1944, sought to do that.
But few such efforts have fared as well as Bitcoin, an internet currency built on smart algorithms that was devised by a mysterious hacker, which is soaring in value.
In January a Bitcoin cost $15. Now it is trading at $179, putting a value of $2billion on the total circulation.
It has become a form of digital gold, a currency in limited supply trusted by those who don’t like money printed by governments.
There is now a Bitcoin exchange, Mt.Gox, and a regulator, the US Crimes
Enforcement Agency.
The big question is, where it goes from here? As rivals come in, Bitcoin could die or go bust.
But like other pioneering efforts on the internet, the concept could yet be embraced by the big boys of money transfer such as Visa or Western Union.
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