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201  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: 300 BTC Coding Contest: Distributed Exchange (MasterCoin Developer Thread) on: November 16, 2013, 12:12:34 PM
I'm not sure Armory has coin control. Can you freeze addresses? If so you could freeze everything but your MSC address.

An other option is to use mastercoin-explorer to create the transaction for you and then sign it using Armory and broadcast it.



Armory has coin control. It's one of the expert features.
202  Alternate cryptocurrencies / Altcoin Discussion / Re: Mastercoin Opportunities Thread (Bounties & Positions) on: November 16, 2013, 11:37:09 AM
New UX/UI bounty:

https://trello.com/c/MdyfWYxp/10-mockups-design-for-a-website-listing-all-autonomous-applications

Quote
We would like someone to create a mockup or design for a website that will concentrate all the AAs currently raising money through the Mastercoin platform. The site will be a focal point for AAs to kickstart/bootstrap their operation. I think we can start with something that can easily showcase 10-20 companies. The next step would be to enhance the website to support 100s of companies.

There are some delicate legal issues here.

On the one hand we are currently using the term AA which we hope is a safer regulatory framework for speaking about these projects.

On the other hand, we need this website to be very welcoming to people who are not familiar with the Mastercoin ecosystem. One analogy for AAs is companies, shareholders, etc. ... which is easier to understand but harder legally.

The UX lead for this feature will need to consolidate this difference. FYI we are preparing a legal Think Tank that will assist wit this. For any issues or questions, please turn to Stas Oskin and David Johnston.

Please see the card for more details / POC.

You are really good at this. Excellent job. Mastercoin is now starting to grow exponentially and I can barely keep up with the changes, and that is a good.
https://trello.com/c/pIl04Srk/49-200-bounty-get-an-existing-nonprofit-organization-to-accept-mastercoin

Quote
They have a Bitcoin address, so technically they accept Mastercoin already. Problem is they won't know what to do with them.

So for someone to pick up this bounty they need to talk to an existing organization that accepts Bitcoins already, educate them about Mastercoin, explain to them how to work with the, and have them officially announce their support in some way.

For the purpose of this bounty we do not want organizations that are Bitcoin centric (e.g. the Litecoin Foundation if it existed wouldn't count). Wikileaks. EFF and Wikipedia are good examples.

How about churches? Would they count? Also they aren't as politically controversial as Wikileaks.
203  Economy / Speculation / Re: Warren Buffet to buy Bitcoins on: November 16, 2013, 06:16:55 AM
He said Bitcoin is rat poison.

Too old imo.

That was Charlie Munger. Warren Buffet said he was on the fence. Bill Gates said it was a cool technology.
204  Bitcoin / Bitcoin Discussion / Re: 90% of US bills have cocaine residue on: November 16, 2013, 03:08:37 AM
How stupid are these people?  Don't they know that every dollar bill has traces of cocaine on it?  They've ALL been used for illegal activity, and yet we trade them around every day.

Still, the more "bad" coins that are taken out of circulation, the more my (hopefully clean) coins will be worth.

The percentages vary, but overall it appears that 90% or more of a sample of US bills tested positive for  cocaine residue. Let's use Mr. Hearn's proposal to "redlist" those bills. When someone attempts to pay with their US bill at a merchant, the merchant scans the serial number of the bill and if cocaine residue shows up on the bill, the consumer has to follow the policy proposed by Mr. Hearn.

Article from 2009
http://www.scientificamerican.com/article.cfm?id=cocaine-contaminates-majority-of-american-currency

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cocaine Contaminates Majority of U.S. Currency

And it's not just the U.S.: Canada and Brazil have a preponderance of the drug powder on their bills, too

By David Biello

U.S. banknotes dollar bills

COKED UP CURRENCY: An average of 90 percent of 234 U.S. banknotes of varying denominations tested positive for traces of cocaine in a new study. Image: © American Chemical Society

    The Best Science Writing Online 2012

    Showcasing more than fifty of the most provocative, original, and significant online essays from 2011, The Best Science Writing Online 2012 will change the way...

    Read More »

For cocaine users, a rolled up $20 bill may be the most convenient tool for snorting the powder form of the drug. Or so it would seem from a new analysis of 234 banknotes from 18 U.S. cities that found cocaine on 90 percent of the bills tested.

Perhaps that's not surprising given that the U.S. Office of National Drug Control Policy reports that more than 2 million Americans used cocaine in 2007, which has been linked to ill effects ranging from debilitating addiction to heart attacks. The United Nations Office on Drugs and Crime, for its part, reported in the same year that 6 million Americans admit using cocaine annually, consuming a total of as much as 457 metric tons in a year.

"Cocaine is a powerfully addictive stimulant and one of the most commonly abused illicit drugs in the world," says chemist Yuegang Zuo of the University of Massachusetts Dartmouth, who conducted the tests and presented the findings today at the biannual meeting of the American Chemical Society, which is taking place in Washington, D.C. That city ranked highest in the survey—95 percent of the sampled bills there bore cocaine contamination—along with Baltimore, Boston and Detroit. Salt Lake City had the lowest average levels of contamination. "The examination of cocaine contamination on paper money can provide objective and timely epidemiological information about cocaine abuse in individual communities," Zuo argues.

What might be more surprising is the fact that the percentage of contaminated bills seems to be rising; just two years ago, Zuo did a similar study that found cocaine on only 67 percent of banknotes in Massachusetts. "It is too early to draw a conclusion about why," Zuo says. "The economic downturn may partly contribute to the jump."

But the U.S. Drug Enforcement Administration (DEA) notes that other measures, such as pretrial urine samples from defendants accused of crimes, show that drug use, at least in the D.C. area, has gone down slightly—only 29 percent of adult arrestees had traces of cocaine in their urine in the first six months of 2009, the lowest level since 1985. "We know that cocaine prices have gone up significantly in the last two years, which usually deters use of that drug," says special agent Melissa Bell of the Washington, D.C., division office of the DEA. "Junkies go on to use something cheaper."

Levels of cocaine ranged from .006 micrograms to more than 1,240 micrograms—the equivalent of 50 grains of sand—on U.S. bills, and $5, $10 and $20 bills on average carried more contamination than $1 or $100 bills.

Zuo and his colleagues also tested banknotes from Brazil, Canada, China and Japan, and found that Asians appear to use the drug less—only 20 percent of the 112 Chinese renminbi notes tested had traces, and only 12 percent of 16 Japanese yen notes tested bore the drug.

But Canadians seem to be just as fond and, perhaps, a bit sloppier in their consumption or dealing. More than 2,350 micrograms of cocaine were found on some of the Canadian bills, 85 percent of which had some level of contamination, while 80 percent of Brazilian reals also bore traces of the drug.

Whether this means drug use is on the rise or that ATMs and other bulk cash-handling machines—where one contaminated bill can spread powder to many others—are ever more ubiquitous cannot be discerned. "It is still difficult to tell quantitatively how much is due to primary contamination, such as during a drug deal or [use], and how much is due to secondary contamination, such as interaction between contaminated and uncontaminated bills," Zuo says. "Both may contribute ... [but] it seems clear that the banknotes containing 1,240 micrograms of cocaine were used directly during a drug deal or uptake [drug use]."

Previous studies, stretching as far back as 1987, have found varying levels of cocaine contamination, some even higher than the new finding. But Zuo is the first to analyze foreign banknotes for contamination and the first to employ a new method of gas chromatography, which detects the chemical signature of the drug without damaging the actual money, to do the analysis.

The finding might complicate an anti-drug dealing tactic used by the Federal Bureau of Investigation (FBI) and other enforcement agencies, Zuo says. In some cases, the FBI compares the levels of cocaine contamination on seized bills to levels found on bills in general circulation, treating this as evidence. "Sometimes [drug dealers] use these studies to try to get their money back when we seize it," Bell notes. But the DEA's drug-sniffing dogs are not actually detecting cocaine; they are sensing a chemical used in its manufacture that dissipates more quickly. "So they don't get their money back," Bell says.

Regardless, it would seem, according to this research, that C-notes are not as popular with drug dealers (or users) as perhaps popularly depicted. "You rarely see them breaking out the hundreds unless they're buying kilos," Bell adds. "The user on the street is going to be breaking out the five, ten or twenty."

Only criminals use cash. The rest use plastic. Wink
205  Bitcoin / Bitcoin Discussion / Re: Mike Hearn, Foundation's Law & Policy Chair, is pushing blacklists right now on: November 16, 2013, 03:02:54 AM
blacklisting/redlisting will destroy Bitcoin.

the real question is, can it even been done?

It could - but within a short period of time most coins would end up being some shade of gray/pink so it would accomplish nothing in the end except possibly as bad PR for bitcoin since everything would be traceable to some kind of questionable transaction at some point in history.

If it were such a great idea we'd all be checking serial numbers on our banknotes - just in case they were from a bank heist xx years ago.

A far better solution would be to just track down criminals and prosecute them. Just like any other crime using any other currency.




So we need to build tools to help facilitate that without tracking and marking the coins themselves. The Bitcoin identity protocol is a start. Keyhotee also may solve the problem.

Basically reputation networks which can be tracked back to a real world identity if there is a warrant. Refuse to trade with or accept anyone who doesn't have a certain number or reputation points or who isn't part of the right reputation network.

Criminals will still exist but they wont have an easy time doing business with people who aren't criminals if they have no reputation for doing normal business.
206  Bitcoin / Bitcoin Discussion / Re: Mike Hearn, Foundation's Law & Policy Chair, is pushing blacklists right now on: November 16, 2013, 02:59:05 AM
You guys seem to think regulation is some kind of option. It is not. There will be regulation no matter how you feel about it. If you feel that destroys bitcoin, then sell yours to a grown up.
Of course regulation is going to happen.

That's why we should work to nullify it via code - design our systems to be immune to regulatory attack just like the filesharing space did successfully.

I personally oppose most regulation and use all manor of privacy software, however once you involve fiat money you run into existing law. There is the rub. You don't "own" dollars, you have the right to use them. And there are all sorts of laws about how you may use them.

We could choose to not engage with government, but what would happen? Countries around the world would try banning it's use and eventually it may be seen as simply a tool for crime. I think it is much wiser to develop our own approach to address their concerns and shape future regulation.

I support anyone's right to disagree. Anyone could form a group of like-minded peers and make an attempt to give bitcoin a special legal status that can disregard laws. A status that allows you to receive stolen goods or transfer money around the world with no need to obey international agreements. But I don't think it will work.    

EDIT: @NorbyTheGeek   Well said sir.

We do need to self regulate. We have to do it in the way which preserves the most freedom and privacy.
207  Bitcoin / Bitcoin Discussion / Re: Mike Hearn, Foundation's Law & Policy Chair, is pushing blacklists right now on: November 16, 2013, 02:46:13 AM
What bothers me is if a scheme like redlisting was implemented, you couldn't get it cleaned up as easy as calling up and saying "I'm Mike Herns, make mine white..."
You would be calling a Law Enforcement Agency.
You would need to prove who you are - SS# or such.
Then our Ameri-centric omnipotent government will come back to haunt you...

Dear taxpayer, 3 years ago when you sold your $30,000 car for bitcoins, it was worth $200usd
1 year ago when you put a down payment on your home with these bitcoins they were worth $400usd.
It appears that you did not include this profit as capital gains on your tax return..."


Why couldn't they just accept your digital signature as proof of identity?
208  Bitcoin / Bitcoin Discussion / Re: Truth Hurts - Mastercoin Shifts Burden Of Potential Growth To Everyone on: November 16, 2013, 12:27:34 AM
Am I enraged at their stance towards the blockchain? You're damned right I am. Here we have some ostensibly "intelligent" people who are trying their best to turn each block into an overstuffed pressure chamber, primed to explode. (Metaphorically, as it were.)

So as they make their plans to soon create a system that has no opt-in when it comes to sharing the burden, I just want you guys to remember this point in time - the point where they couldn't - and wouldn't - face up to the real injustice happening here, the exploitation of everyone's resources.

yep this is the fundamental problem with the Color Coins architecture.

note though I don't hold either Yoni Assia or Meni Rosenfeld liable for malice in this case, I just don't think they realized this at the time.  The problems we're raised to Alex Mizrahi by myself on the BitcoinX list and he at first couldn't grasp the complexities of the points I was making, then finally did but pretended like they weren't a problem.

the Mastercoin people showed up after all these discussions took place.

More than likely you're going to get some people in the network who will deny their transactions, some might actually start charging Mastercoin for the transactions which will lead to other forms of capital involvement. IBM is already on that.

The Color Coins architecture turns some basic assumptions in Bitcoin into a kind of resource which then is converted into a kind of functionality(that is bankable according to Mastercoin).  So yes its a kind of reaping of the value that everyone put into the Bitcoin network.  It's not sustainable without major reworking of Bitcoin, and I think some parties anticipate this.


Can you provide a reference to this IBM/Mastercoin rumor?
209  Bitcoin / Bitcoin Discussion / Re: Should the Bitcoin Foundation be moved to a Neutral Country... on: November 16, 2013, 12:24:04 AM
In light of recent [1] events [2] (namely a member of Bitcoin Fundation suggesting that we should diffrentiate between "Good Bitcoins" and "Bad Bitcoins"), it becomes more and more obvious that the worst enemy of Bitcoin is the Bitcoin Foundation:

There are probably strong political pressures from USA which not only has very aggressive AML policies, but clearly is going in the direction of Fascism and Socialism while becoming more and more anti-democratic.

So what is the point of keeping Bitcoin Foundation in a country which is (or will be soon) an enemy of Bitcoin ?

Perhaps a truly democratic country should be used, such as Switzerland.

What do you think ?


Why should there be a central foundation at all? Have chapters all over the world. Different countries have different political issues to solve.
210  Bitcoin / Bitcoin Discussion / Will Keyhotee help to resolve the "coin tracking" issue? on: November 15, 2013, 11:49:09 PM
Keyhotee ID allows an individual to preserve their pseudo-anonymity while also allowing (if there is a court order) a trail to the real identity.

It's pseudo-anonymous because websites and businesses don't get to have your private information. But there are points in the system where you can verify your real identity so that someone knows that these transactions are from a verified person. This is a potential solution but it's not even being discussed?

http://www.youtube.com/watch?v=3pZaTdEtK-8

Watch the video and tell me if you think this could protect privacy while also allowing for dealing with bad actors in the system?
211  Bitcoin / Legal / Re: Should the IRS accept voluntary taxes from Bitcoin users? on: November 15, 2013, 10:54:47 PM
Who the hell volunteers to pay taxes?
http://norml.org/legal/tax-stamps

It wouldn't be too difficult. Honestly the idea of voluntary taxes isn't such a bad thing. It's a possible way forward and a way to gain political influence in the Bitcoin community. It's also a case for fungibility.

If Silk Road could for instance donate money to feeding the homeless, or pay some sort of tax to get community support it makes sense. It's how it always has worked since the beginning even in the underworld with the black hand and protection rackets. Money always finds a way to filter from dirty to clean.

The problem is if Bitcoins are not fungible or if there are taint lists, or if it's a list which is implemented wrong, then this process might not be possible. The other problem is if it's done without the government involved it's called money laundering but if it's taxed then the government considers it legitimate business.

So we should in my opinion be pushing to get drugs legalized and taxed. Isn't that the whole point of Silk Road? To help make a case for ending the drug war or do I have it wrong?
212  Economy / Service Discussion / Re: Is Apple the new IBM of our time? on: November 15, 2013, 10:52:08 PM
Bitcoin is not directly competing with Apple, so I really don't understand the comparison to the IBM vs. Apple feud.

Apple has iMoney patents.

do you have links to those?   thanks, bm

http://www.coindesk.com/apple-to-create-virtual-currency-imoney/
213  Bitcoin / Legal / Re: Should the IRS accept voluntary taxes from Bitcoin users? on: November 15, 2013, 10:45:07 PM
Suppose that a solution to the redlisting, whitelisting, blacklisting, is that instead of the government going after everyone on Silk Road or whatever the IRS instead sets up a Bitcoin address saying if you pay your share in taxes to that address that they'll look the other way.

On what planet does paying taxes mean you're allowed to commit crimes?

Just wanted to get that in before you are ripped in 'twain by the local libertarians for suggesting bitcoin users pay tax.

If Bitcoin is private and has to remain private to be fungible but you also want to give the government an incentive not to mess with you then politically you should push for legalizing drugs and then some sort of tax. Perhaps if Silk Road actually gave something back to the Bitcoin community then Silk Road for instance would be more popular and could gain political influence.

Taxes, donations and other stuff like this could take so called dirty money and make it clean by turning something potentially harmful into something potentially helpful for a community. It's not really about crime and punishment and shouldn't be. It should be about protecting a community and not every community agrees on what should be a crime or on what the punishment should be.

The Bitcoin community is global, it's not located in Washington DC.
214  Economy / Service Discussion / Re: Is Apple the new IBM of our time? on: November 15, 2013, 10:26:20 PM
Bitcoin is not directly competing with Apple, so I really don't understand the comparison to the IBM vs. Apple feud.

Apple has iMoney patents.
215  Bitcoin / Legal / Should the IRS accept voluntary taxes from Bitcoin users? on: November 15, 2013, 10:17:46 PM
Suppose that a solution to the redlisting, whitelisting, blacklisting, is that instead of the government going after everyone on Silk Road or whatever the IRS instead sets up a Bitcoin address saying if you pay your share in taxes to that address that they'll look the other way.

Would you accept paying a voluntary tax to protect yourself from being arrested or having your address blacklisted?

I'm not saying this idea would work I just want to know where the Bitcoin community stands on voluntary taxes. In my opinion if the tax were something reasonable like a sales tax on every black market sale which Silk Road operators could pay to be left alone that in my opinion could resolve at least the drug issue.

I'm of the opinion that drugs should be legal but regulated and taxed. I don't think drug purchases can remain tax free because there is some harm generated to society by drug addiction and rehabs cost money to run. The taxes in my opinion should be used specifically to build rehab centers and not used for anything else.

216  Bitcoin / Project Development / Re: NEW Giveaway for "MasterCoins" - the new protocol layer built on bitcoin on: November 15, 2013, 12:57:50 PM
Did I do something wrong? Huh None for me? :/

I will take care of you and others in the next round. Have patience, there is a long list of people waiting.
If you put something about Mastercoin in your signature you'll meet the standard to be put on the next payout list.
The more effort you're willing to invest the more Mastercoin you can get.
217  Bitcoin / Project Development / Re: NEW Giveaway for "MasterCoins" - the new protocol layer built on bitcoin on: November 15, 2013, 11:38:46 AM
Receiving address: 1F9LWiiLy6cFiprXRrpvNpv54oCu7mQikN
I changed my sig. I also posted a short tidbit I wrote onto reddit (although it was downvoted):

Seriously guys.
You shouldn't receive any coins for that.
You changed your sig, so what.
I agree.  What a waste of money.  We are giving $20 to everyone who changes their signature?  WTF?  Mind bogglingly dumb.  It doesn't advance the project one bit when these guys do that.  

DUMB giveaway.  At least they are calling it a 'giveaway'




Actually I'm giving out Mastercoins which will probably be worth potentially tens of thousands of dollars if the people I give them to do all they can to promote Mastercoin and take care to simply leave it in their wallet for 6 months to a year.

Of course that is all speculation, but what do you lose by keeping the 0.2 in your wallet and find out if I'm right a year from now?



I would do something to incentivize better efforts...

If you have ideas in that regard you might want to take it up with Dacoinminster. I'm open to new ideas but I'm following the script as it has been laid out for me.

If I come up with something I will definitely. How much reward do you have left to give?

As much as I can give out while keeping up with the demand of the thread. When I can no longer keep up with demand here or when the faucet is up and running then I will bow out.

The total amount I have left in Mastercoins is around 16.

218  Bitcoin / Project Development / Re: NEW Giveaway for "MasterCoins" - the new protocol layer built on bitcoin on: November 15, 2013, 11:32:01 AM
Receiving address: 1F9LWiiLy6cFiprXRrpvNpv54oCu7mQikN
I changed my sig. I also posted a short tidbit I wrote onto reddit (although it was downvoted):

Seriously guys.
You shouldn't receive any coins for that.
You changed your sig, so what.
I agree.  What a waste of money.  We are giving $20 to everyone who changes their signature?  WTF?  Mind bogglingly dumb.  It doesn't advance the project one bit when these guys do that.  

DUMB giveaway.  At least they are calling it a 'giveaway'




Actually I'm giving out Mastercoins which will probably be worth potentially tens of thousands of dollars if the people I give them to do all they can to promote Mastercoin and take care to simply leave it in their wallet for 6 months to a year.

Of course that is all speculation, but what do you lose by keeping the 0.2 in your wallet and find out if I'm right a year from now?



I would do something to incentivize better efforts...

If you have ideas in that regard you might want to take it up with Dacoinminster. I'm open to new ideas but I'm following the script as it has been laid out for me.
219  Bitcoin / Project Development / Re: NEW Giveaway for "MasterCoins" - the new protocol layer built on bitcoin on: November 15, 2013, 11:29:26 AM
Receiving address: 1F9LWiiLy6cFiprXRrpvNpv54oCu7mQikN
I changed my sig. I also posted a short tidbit I wrote onto reddit (although it was downvoted):

Seriously guys.
You shouldn't receive any coins for that.
You changed your sig, so what.
I agree.  What a waste of money.  We are giving $20 to everyone who changes their signature?  WTF?  Mind bogglingly dumb.  It doesn't advance the project one bit when these guys do that.  

DUMB giveaway.  At least they are calling it a 'giveaway'




Actually I'm giving out Mastercoins which will probably be worth potentially tens of thousands of dollars if the people I give them to do all they can to promote Mastercoin and take care to simply leave it in their wallet for 6 months to a year.

Of course that is all speculation, but what do you lose by keeping the 0.2 in your wallet and find out if I'm right a year from now?

It does add to the project by adding mind share and by creating a wide and diverse community of stakeholders. It's community building at the most direct level.
220  Bitcoin / Project Development / Re: NEW Giveaway for "MasterCoins" - the new protocol layer built on bitcoin on: November 15, 2013, 11:19:46 AM
Receiving address: 1F9LWiiLy6cFiprXRrpvNpv54oCu7mQikN

I changed my sig. I also posted a short tidbit I wrote onto reddit (although it was downvoted):

http://www.reddit.com/r/Bitcoin/comments/1qbjxq/mastercoin_the_future_of_bitcoin/
Here you go:
http://mastercoin-explorer.com/addresses/1F9LWiiLy6cFiprXRrpvNpv54oCu7mQikN

Great job with the reddit post.

want a bit  Smiley 18R7UpkmnQqJZgzmQP7cthRWbmxdVnuNt9
Here you go:
https://masterchest.info/lookupadd.aspx?address=18R7UpkmnQqJZgzmQP7cthRWbmxdVnuNt9

If there are some left, please help me out here:
1L3AdD9bydD1AeUYfxyVchqxgVGEYZvPk

Thanks!
Here you go:
https://masterchest.info/lookupadd.aspx?address=1L3AdD9bydD1AeUYfxyVchqxgVGEYZvPk
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