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2181  Bitcoin / Bitcoin Discussion / Re: Who would like better PHYSICAL storage? on: May 03, 2015, 09:37:38 PM
No. I don't want any kind of physical storage. Being immaterial is one thing I like most about BTC.
2182  Economy / Economics / Re: let's develop cryptocurrency economic theory on: May 02, 2015, 10:26:40 AM
We shall not need dedicated economic theories. The main difference with fiat is in a controlled growth of the money supply.
2183  Bitcoin / Bitcoin Discussion / Re: Selling your bitcoins together with the wallet.dat and privkeys. on: May 02, 2015, 10:22:53 AM
When I gave some BTC to my little cousin (less than one BTC actually), I created a wallet on blockchain.info for him. Then I gave him the wallet complete, explaining him how to use it, but I wouldn't do that to a stranger, nor would I accept a private key as a payment.
2184  Other / Politics & Society / Re: Study Says The US Is An Oligarchy, Not A Democracy on: May 01, 2015, 04:38:46 PM
You don't say...? With a controlled economy and media, who woulda thought?

Quote
The US is dominated by a rich and powerful elite.

Would you prefer the country to be dominated by a bunch of poor losers? Or by people making unrealistic economic promises? Or by people who don't want to pay their debts like in Greece?

The US is far from perfect, but it's far from being the worst country in the world. On the contrary, it's in the top league for well living and purchasing power.

2185  Economy / Economics / Re: German economic conditions are holding up despite the Greek crisis on: May 01, 2015, 04:28:13 PM
That's what I'm saying, the Germans are just smarter, with more technical knowledge, and better politics to organize things. I maintain life was harder in Berlin in 1946 than anywhere in Greece.

I wouldn't put it that way, there are many factors way some nations are doing better then others and it has nothing to do with who is smarter (Russia have many smart people but because of geopolitics the country itself is not so powerful as it could be)


As for the German economic condition today its looking pretty good, in the link there are few nice graphics showing how European countries are doing
http://www.economist.com/blogs/graphicdetail/2015/04/european-economy-guide

It's quite true. Confucius said something like that. If a country goes wrong, it is because of the leaders. I wonder if Greece (or Russia) ever had a smart government.
2186  Bitcoin / Project Development / Re: Navdiy - Standalone open GPS device running Android | Bounties & rewards! on: May 01, 2015, 04:18:49 PM
4.3" touchscreen display is way too small!

I have a 10 inch tablet (no SIM card) with navigation software and a small DC/AC converter to recharge while driving. That makes a good system and I avoid expensive connection costs as I drive very often in countries without a local SIM card.


The batch 2 touchscreen size will be user selectable ranging from 3.2" up to 7"


 Smiley

Good, I guess I just reacted too quickly after reading info on batch 1. Anyway, on a Volkswagen Golf (not an expensive car), you can get an 8" screen. So unless you want to sell your appliance to bikers, I can only recommend a large screen.
2187  Bitcoin / Bitcoin Discussion / Re: Goldman & Investors put $50 Million in Bitcoin Industry on: May 01, 2015, 04:06:40 PM
Goldman! Of all the world's companies, this may be the one I dislike the most. At least, it means BTC's getting real. The ugly bankers have joined the party.
2188  Economy / Economics / Re: German economic conditions are holding up despite the Greek crisis on: April 29, 2015, 09:16:28 PM
I happen to be in Germany, and there's money around, no doubt about that, but anyone can see why. The Germans are working harder, and they're smarter than the Greeks. It's been like this for centuries. Doesn't anyone remember that Germany lost WW2? Germany was destroyed and ruined in 1945, much more than Greece, but barely 20 years later the Germans were richer than the Greeks.

Hmm you are a bit unfair to the Greeks. There are several reasons to why Germany is such rich country. Yes they work hard but also Germany weren't so lossy after WW2.
Firstly Marshall Plan
http://en.wikipedia.org/wiki/Marshall_Plan#Expenditures
Germany received almost 5x more $ then Greece.

So Greece received more per person than Germany.

Secondly Germans in WW2 destroyed or weakened almost every other country in Europe so they were not so far behind France after the war.
Thirdly companies like BMW or Volkswagen and others were producing military equipment. After the war they had "know-how" to build machines and other useful stuff like agricultural machinery, manufacturing equipment and so on.
Fourthly Germany is keeping their economic policies liberal

That's what I'm saying, the Germans are just smarter, with more technical knowledge, and better politics to organize things. I maintain life was harder in Berlin in 1946 than anywhere in Greece.


2189  Economy / Economics / Re: The banks should be repealed on: April 29, 2015, 09:07:04 PM
No! Never!
That means total absence of any control. Like in Zimbabwe or Argentina. It's a bit safer when the control of the money supply is not in the hands of politicians. A bit safer I said, not much.
2190  Bitcoin / Bitcoin Discussion / Re: Richard Branson to Host Bitcoin Summit on Private Island on: April 29, 2015, 09:01:07 PM
This is good for BTC. The more successful entrepreneurs like Branson organize BTC parties, the better. It's just good PR.
I'm not afraid of anything coming from this.
2191  Bitcoin / Bitcoin Discussion / Re: NYTimes - How Bitcoin is Disrupting Argentina Economy on: April 29, 2015, 08:53:50 PM
BTC isn't disrupting anything, it's saving lives! Argentinians remember what life they had before BTC! It's getting better now. Maybe not for the government, but real people are taking advantage of BTC.
2192  Bitcoin / Bitcoin Discussion / Re: If you were to recreate Bitcoin to be better and more secure. How would you? on: April 29, 2015, 08:48:09 PM
Make it fully anonymous, possibly like Dogecoin.
2193  Bitcoin / Project Development / Re: Navdiy - Standalone open GPS device running Android | Bounties & rewards! on: April 29, 2015, 08:46:00 PM
4.3" touchscreen display is way too small!

I have a 10 inch tablet (no SIM card) with navigation software and a small DC/AC converter to recharge while driving. That makes a good system and I avoid expensive connection costs as I drive very often in countries without a local SIM card.
2194  Other / Politics & Society / Re: Twitter closes 18% lower on disappointing report on: April 29, 2015, 01:03:09 PM
Revenues jumped 74% year-on-year! I guess some analysts were just waiting for too much.
2195  Bitcoin / Bitcoin Discussion / Re: This D.C. bitcoin company raised $2.3 million to ... mine more bitcoins on: April 28, 2015, 10:31:16 AM
Huge investment! Makes you confident in BTC's future.
I wonder where there will be based, as electricity costs can vary a lot from state to state.
2196  Economy / Economics / Re: German economic conditions are holding up despite the Greek crisis on: April 28, 2015, 10:19:18 AM
I happen to be in Germany, and there's money around, no doubt about that, but anyone can see why. The Germans are working harder, and they're smarter than the Greeks. It's been like this for centuries. Doesn't anyone remember that Germany lost WW2? Germany was destroyed and ruined in 1945, much more than Greece, but barely 20 years later the Germans were richer than the Greeks.
2197  Bitcoin / Mining speculation / Re: Is bitcoin price sustainable with higher & higher electricity costs for mining? on: April 28, 2015, 10:13:59 AM
Forget everything about solar or renewable energy, that costs way more than dirty electricity from coal or another fossil source, but nobody said processors couldn't get more efficient. They have.
2198  Other / Politics & Society / Re: Money Laundering? Has it gone too far? on: April 28, 2015, 10:11:45 AM
Shocked Shocked Shocked Ouch, that is good reason why not to hold your coins in your phone.

Unfortunately, a laptop would not make any difference. They could ask for its password as well.


So practically there is no way for protection?

You've got to hide. I have an USB key on my keyring which doesn't look like what it truly is. I also have USB keys which look like credit cards. and with Mozilla, you can have several hidden profiles.
2199  Other / Politics & Society / Re: Money Laundering? Has it gone too far? on: April 27, 2015, 11:09:18 AM
Shocked Shocked Shocked Ouch, that is good reason why not to hold your coins in your phone.

Unfortunately, a laptop would not make any difference. They could ask for its password as well.
2200  Other / Politics & Society / Re: The Atlantic: Is It Time for Jews to Leave Europe? on: April 27, 2015, 11:05:07 AM
People are not born with a jew-hating gene.  Hate is learned from contact with jew haters.  It is essentially an oral tradition.  At least that is the theory that I'm working on.

Hate may also be nourished from watching the news telling Jews are seizing Arab land, and/or killing Palestinians.
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