Ownership and property come from ones willingness and ability to enforce ones will upon the world to keep and control it, not some intellectual pandering claiming you have that right or not. Exactly, ownership itself is based in violence or threat of violence. Claiming that you're more civilized than the next person because you don't agree with violence is hypocritical unless you are a pacifist nomad who rejects the notion of property. |
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Not sure if I understand or like the namecoin idea, it seems a bit half-baked IMO. The name "namecoin" and .coin tld doesn't sound right either.
The problem with a DNS system based around proof of work is that once you've started up and everyone has done some work, you can't change it without serious resistance. This is why you need to write the docs long before the client.
Oh well, nevermind.
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I'm not sure about namecoin and can't imagine how it works. How does it work? It's not like you can have a fraction of a domain name, are there a limited number of domains? What happens if someone loses their wallet? Do names expire?
Where can I read more about this?
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We're holding 100% and if we move away from that we'll make it very clear with enough time to pull out if you want.
Currently that isn't in the plans.
That's good to hear. Would be nice if you could also prove it though, not saying I don't trust you guys, just that transparency would be really good for the community. |
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Which addresses? Please post all of your findings, also archive as much as possible from hackforums
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That's too similar to what bitcoin became to be a coincidence. It must be Satoshi (or the people behind him) who wrote that as a precursor. Myself, Wei Dai, and Hal Finney were the only people I know of who liked the idea (or in Dai's case his related idea) enough to pursue it to any significant extent until Nakamoto (assuming Nakamoto is not really Finney or Dai). Only Finney (RPOW) and Nakamoto were motivated enough to actually implement such a scheme.
Food for thought |
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Firstbits on display  |
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How about a set of "Bitcoin Blocks" they could have the actual block number and transactions inscribed on them. In fact you could make only 1 of each block so every one would be unique and the chain would get "distributed" all over the world. Obviously the blocks should link together, but only with the next block in line.
haha great idea! Strategically located velcro strips would make this possible on a plushie |
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It’s the fact that HRMC and the Police are taking a rather dim view of the use of bitcoins (NOT ILLIGAL) that’s getting to me really. As far as I'm aware there nobody has been arrested in the UK for dealing in BTC, nobody has been to court for dealing in BTC, no judge has made a ruling on what sort of safeguards you need to put in place before dealing in BTC. I suggest doing all your BTC -> GBP conversions through britcoin.co.uk, and keep records of who you receive BTC from, just to be safe. |
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We can't part ways with the government and keep our property. As a counter-point, what exactly makes you entitled to any "property" other than your flesh? The idea of ownership of anything is also an involuntary system which is imposed on us from birth, why should people be entitled to land and objects when these are just things which are (indirectly yet violently, by territorial pissings) taken from the natural world? |
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From time to time you also must run cracks for the software you install. LOL really? Either buy the software or install a free software alternative. Running an untrusted binary is something that you must not do if you want your computer to be secure. |
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I also think that they should expire after a certain time, but they shouldn't be recreated. At some point in the future we could end up in a situation where only 0.1% of the BTC economy has actually been circulated in the past 10 years, and nobody knows whether the remaining 99.9% is hoarded or lost forever.
This will cause instability and I would certainly move my BTC to BTC2 or whatever new system doesn't have this problem. It's inevitable that this will cause problems in the future, we should recognise this rather than childishly bury our heads in the sand.
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Either calm down / lawyer up or destroy them with your 31337 skillz, don't be a pussy and make idle threats on the public Internet. Internet Tough Guys don't get any respect.
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He's obviously at least one real person. Someone wrote the paper and interacted with the current developers on the project over IRC, someone who has excellent command of the English language, is a C++ programmer who likes Hungarian Notation and a cypherpunk who takes his/her anonymity rather seriously.
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I agree with JoelKatz, bitcoins are a clear example of information as property of which copying can lead to transactions that deprive someone of something. The stolen manuscript and loss of publishing contract are similar, but more abstract.
I still don't think that it's a good justification for copyright though, I think that both of these involve non-public, secret information which could fall under legislation that deals with privacy, but they're pretty solid counter-points to the hard-core "information wants to be free" or "all regulation is bad" ideas.
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Get rated on the web of trust ( http://bitcoin-otc.com/). The setup is quite convoluted and it takes over a week to get verified, but I hear it is worth the wait. |
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Buying from actual shops rather than private sellers will most likely stimulate the economy, as rather than giving BTC to someone who will hoard it, the shop will have to convert the coins to their native currency to get stock and pay staff etc, so they are more likely to go back into circulation.
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Assuming that an EMP could wipe your hard drive, memory, BIOS, maybe even the microcode on your CPUs etc, they could screw your computers up.
Solutions are offsite backups, writing your keys on paper, burning your wallet backup to a CD.
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