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221  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin good enough; there aren't critically important improvements needed? on: December 03, 2014, 10:45:08 AM
Unfortunately CoinJoin is jammable otherwise we could get on chain anonymity without a fork of Bitcoin's protocol.

I've not yet had a need for externally assisted anonymity. Perhaps someday I will.

The governments haven't really started confiscating yet but they are planning to[1][2].

Also let's not forget UDP and FTP came before adoption of TCP/IP and HTTP respectively.

I think that merely serves to strengthen my point. These relatively ancient protocols are still in widespread use,  no?

My mea culpa upthread was to acknowledge that Bitcoin has virtues and will continue.

I am not positing a total annihilation of Bitcoin by an anonymous protocol coin. Rather in this poll I am asking if there is any interest in such experimentation.


They would not want to move very fast on regulation, because they want all of you to remain deluded for as long as possible, and so will act only when it is time to take all your wealth (when the shit hits the fan global collapse ensues[1]).

[1]http://armstrongeconomics.com/2014/12/01/the-government-know-sovereign-debt-defaults-are-coming/
http://armstrongeconomics.com/2014/12/01/changing-bankruptcy-laws-for-banks/
http://armstrongeconomics.com/2014/12/02/can-money-just-be-devalued-creating-deflation-as-a-solution/


222  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin good enough; there aren't critically important improvements needed? on: December 03, 2014, 10:24:38 AM
I kindly request that the same detractors please stop posting for a while so we can hear from some others. You've had your opportunity to make your points. You don't get to continue ad nausea. If you don't comply, I will close the thread, because I don't want to waste all my time here in this thread arguing with the same 3 guys. This thread is a marketing survey and I need to hear from as many people as possible.

This is obnoxious, tiring, and wasteful.

If you need to rebutt, please try to make it two or three sentences, then I will let you have the last word on our debate.

Oh, the "powers-that-be" you always like to talk about, you mean Illuminati?

It is so nice, that everything you say is just fact but you don't provide any evidence.

Compare the true story:

https://bitcointalk.org/index.php?topic=365141.msg9666280#msg9666280

To the Wikipedia version:

http://en.wikipedia.org/w/index.php?title=Martin_A._Armstrong&oldid=630836560

Show me some evidence that people in Europa are working 35 hours a week on average. Show me some evidence that people in Europe retire with 50 on average?

The fact is that Europe's debts exceed its income by a horrific margin. So Europeans aren't working enough and are taking too many benefits.

Arguing over pedantic semantics about data won't change that undeniable fact.

You can't even see, that the whole US-government was fucked up, long before Obama. How brainwashed can a person be?

I never claimed the USA wasn't fucked up before Obama. Socialism has been growing in the USA since at least FDR's New Deal in the 1930s.

Europe is also royally fucked up too by socialism. I know you think it is all the hydra of the US military killing machine that is the main problem in the world today. Europeans have been indoctrinated to believe that and ignore their own horrific bankruptcy.
223  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin good enough; there aren't critically important improvements needed? on: December 03, 2014, 09:57:26 AM
I wrote, that it is not counting overtime and therefor is of course inaccurate. It is the minimum working hours.

And it is lying with for example the case of Belgium where people are paid to not work and discouraged from working. And it omits data on Norway, because Wikipedia doesn't want to admit it is only 33 hours. Wikipedia is often a disinformation vehicle of the powers-that-be when it comes to social issues.

And please don't tell me some fairy tales about how a friend told you about a friend yada yada,

You will not be able to refute it, because it is a fact. Belgium operates the way I have stated. There are ways to be paid for not working starting about age 50 (I know I saw the government documents and checks my friend receives) and the "black work" is very much prevented. Why don't you actually do some research so you can know what is going on in the world.

In the USA, we have long-term unemployment assistance and corrupt disability claims which achieve a similar but not as thorough result.

USA welfare system is a joke. Are you really telling me, it is the reason for the big US-debt?

$128 trillion in unfunded social welfare liabilities:

http://www.forbes.com/sites/realspin/2014/01/17/you-think-the-deficit-is-bad-federal-unfunded-liabilities-exceed-127-trillion/

I know you Europeans think the only problem in the USA is that we are in debt because of our military. You all think we waste our deficits on the military and we don't have a glorious social welfare program as you do. Fact is Obama has been doing a good job of emulating your megadeath-directed system, as he has reduced (inflation adjusted) military budgets (which means we can't defend your ass against Russia) and still managed to run $1 trillion annual deficits with for example 57 million Americans on food stamps.

You try to argue that your social welfare systems are not bankrupting you, hahahaha. DELUSIONAL.

STFU you fool.
224  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin good enough; there aren't critically important improvements needed? on: December 03, 2014, 09:45:59 AM
There is always someplace nice in the world to live. Go there.  Grin

Not when anonymous decentralized cash is gone and all we have remaining is non-anonymous centralized block chain that tracks every thing we do.



I can't understand why any rational human would say it is not okay for us to experiment with anonymity?? Why would the detractors be against us trying to improve and provide other technologies which you can optionally use if you want to??

Are detractors that afraid of their Bitcoin investment that they can't tolerate freedom to innovate??
225  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin good enough; there aren't critically important improvements needed? on: December 03, 2014, 09:18:52 AM
Are you one of the people who think, that France is Europe?

The Euro tied you all together in a horrific conundrum as I explained to you before, thus yes one can make the claim that France is Europe, but any way I don't need to make that claim in order to refute you.


That work week data is hilariously inaccurate and sanguinely non-informational. Not very many serious career Americans nor Japanese work only 40 hours per week and are often not paid hourly so there is no "overtime".

http://wdsm710.com/news/articles/2014/may/08/end-of-oil-boom-threatens-norways-welfare-model/

Quote
"It's a bit discouraging that the sick leave in Norway is twice the level of other plants," Havdal said. "That is to me an indication that something is not as it should be."

With per capita GDP around $100,000, the Norwegian lifestyle has become such that the work week averages less than 33 hours, one of the lowest in the world, and while unemployment is low, there is large underemployment, made possible by benefits.

The retirement age data you provided is also nonsense. Consider the following detailed information.

Even this listing of benefits by country is incomplete, because for example I have a friend from Belgium and he explained to me how he was paid by the government starting from age 50 to not work and the government discourages him from working as a painter, because he has to be registered with the government for each job and location he wants to work. Otherwise it is called "black work" and he can be fined or jailed. The government has an incentive payment program to reward the people to spy on each other and report "black work".

Can't you even check wikipedia before making a statement?

Can you even learn to do fact checking before you make feeble posts?

You are young and inexperienced. That should be accompanied with humbleness and a desire to learn from people who are older and have more experience and knowledge than you do.

Please don't waste more of my scarce time with more idiotic posts.

And I already stated that the USA which hasn't a welfare system is in huge debt in your other thread, so it can't be because of the welfare system, can it?

The USA doesn't have long-term unemployment payments, Medicare, Social Security, Obamacare, HUD assisted housing, 57 million on food stamps, since Obama $1 trillion annual budget deficits every year, etc.  Roll Eyes
226  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin good enough; there aren't critically important improvements needed? on: December 03, 2014, 09:00:05 AM
jonald_fyookball,

Not confronting the government has never stopped them from extracting every ounce of power, tribute, and servitude they can get.
 

Yes, and "how much they can get" varies widely across space and time.  USA is not North Korea.
Governments are made of individuals.  Étienne de La Boétie's discourse still applies.

The white Caucasian Germany today is not (yet!) Nazi Germany of the 1940s. The white Asian China today is not (yet!) Mao's 57 million executed killing fields that it was. The brown Asian Cambodia today is not (yet!) Pol Pot's genocide that it was. The white Caucasian British never considered black Africans to be humans in the Boer Wars atrocities. The white Caucasian Americans have caused the genocide of at least a million innocents in the Middle East.

The list goes on and on...

Westerners are smug in their 80 years of uninterrupted peace domestically (propped up by central banks which never let the debt default and contract), but this is coming to an end and before 2020 they will be reunited with the horror of government (as the insane level of debt comes imploding down into economic destitution).

227  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin good enough; there aren't critically important improvements needed? on: December 03, 2014, 08:35:55 AM
cash(bank notes) are not anonymous.

Incorrect. There is no centralized ledger of serial numbers that tracks each exchange of cash notes.

they are just peices of paper that never ask for human identifiable information.

Correct.

neither does bitcoin......

That doesn't make Bitcoin equivalent to cash in terms of anonymity, because in Bitcoin the proof-of-ownership is not the decentralized possession of a physical evidence as it is cash, but rather being able to cryptographically sign a key which is digitally verified against a centralized public ledger (albeit decentralized consensus, there is only one, mulitiply-referenced instance of the ledger, thus centralized) which is fully traceable and linkable.

You mentioned the physical exchange of Bitcoin private keys implying these are equivalent to cash, but you failed to realize that you have no protection against a double-spend in that case because the transfer hasn't been recorded on the centralized ledger and thus the entity formerly in possession can transmit a cryptographic spend before the new entity who is possession does! Whereas cash doesn't have a double-spend threat (other than counterfeiting which affects the entire society proportionally, not disproportionately you individually), because the proof-of-ownership is being in possession of the decentralized physical note.

This is why Bitcoin can not be decentralized without anonymity.

You can blabber mouth until you are blue in the face, but you can't change that fucking reality with the drooling.

It is one of the hallmarks of Dunning-Kruger wannabes that they see some common trait between two phenomena and then proclaim the two phenomena are equivalent. As if analogy makes them smart. Sorry. No it makes it obvious they are stupid.

http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect

Quote
The Dunning–Kruger effect is a cognitive bias wherein unskilled individuals suffer from illusory superiority, mistakenly rating their ability much higher than is accurate. This bias is attributed to a metacognitive inability of the unskilled to recognize their ineptitude. Conversely, highly skilled individuals tend to underestimate their relative competence, erroneously assuming that tasks which are easy for them are also easy for others.

Yeah I assumed everyone could understand the difference between decentralized cash and a centralized ledger. Now I realize I had to explain it.



and i have now read the cryptocoin jargon and i can already see 5 ways to trace people.

It is Cryptonote, not cryptocoin. You have no mathematical nor logical clue about what you blabber about. You can carry on with your erroneous UNtechnical, n00b assumptions.

We experts need to ignore people like you who are unwilling to learn.
228  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin good enough; there aren't critically important improvements needed? on: December 03, 2014, 01:25:54 AM
jonald_fyookball,

Not confronting the government has never stopped them from extracting every ounce of power, tribute, and servitude they can get.

Partial anonymity is an oxymoron.

There has always been a war between the individual and the State. Before we had cash which was anonymous. Next if don't have anonymity because cash is replaced with non-anonymous Bitcoin, the human race is fucked.

I understand you may have a different opinion. That is why this is a poll, not a sermon.
229  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin good enough; there aren't critically important improvements needed? on: December 03, 2014, 01:17:45 AM
franky1,

Given your reply it is clear you don't even know the technical meaning of the terms untraceability and unlinkability. Try reading the Cryptonote whitepaper and educating yourself before you blabber more nonsense.
230  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin good enough; there aren't critically important improvements needed? on: December 03, 2014, 01:12:44 AM
What you're suggesting is a completely totalitarian utopia, because without governments big businesses will be taking their place. Big businesses will have private armies, they will own a lot of land, they will acquire media companies.

But as I mentioned in my previous post, all businesses are totalitarian in nature, people get orders from above, they get thrown out if they disobey. Competition will make sure that small companies join together to form bigger and bigger businesses to survive, until the market saturates and all the land and resources are privatized.
 
Small individual entrepreneurs will have no chance of staying afloat, and will have no freedom whatsoever. They will either be bought out to bow under the same chain of command or thrown out of their land because some private armies will come knocking their door.

Totally false and opposite of reality.

You don't understand the Knowledge Age.

Your mind is still suck in the worthless dinosaur paradigm of the resource scarcity Industrial Age.
231  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin good enough; there aren't critically important improvements needed? on: December 03, 2014, 12:56:38 AM
lmao.  i never said anything about changing the title.
dont even know what youre talking about.

My prior post wasn't directed at you. You've been quite reasonable.
232  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin good enough; there aren't critically important improvements needed? on: December 03, 2014, 12:44:32 AM
good points Franky, but to be fair to the OP, that is what the poll is asking:
would you switch to another coin?  I voted no.

i voted no too

Good riddence. You continue to post off topic nonsense. For example (and there are many more), without on chain anonymity it is impossible to have robust untraceability and unlinkability no matter what anonymity techniques you do off chain. That you don't understand this, shows you are not technically qualified to blabber (which we already proved in the thread linked from the OP), but yet you do foam at the mouth any way with lies such as "you changed the title thus you are moving closer to my position". Liar. I changed the title because I realized it was possible to achieve the same level of pool centralization we have now within the proposed anonymity paradigm. Typical ignorant politician, all you know how to do is lie and fool the constituents. You lack technical ability.

franky1 I wouldn't want an idiot like you any where near me. I am thus grateful you voted 'no'. Do I need to say it more clearly? You are a Dunning-Kruger blabber mouth dolt who lies and debates disingenuously.

The reason the dark coins have failed (if they have) is because they suck. I don't write software that sucks. We can start with the fact that they don't solve any use case (neither does Bitcoin but it did solve the delusion use case and was first). They don't make transactions faster. They have block chain bloat (Monero) or they are subject to Sybil attack on master nodes (DarkCoin).

I (as AnonyMint) have long ago stated that from a marketing perspective anonymity alone was not a sufficient use case for a crypto-currency.

What you haven't realized is that I proposed a use case that could skyrocket the demand for an anonymous coin. And it is good you failed to realize this. Carry on ignoramus. Nothing for you here.
233  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin good enough; there aren't critically important improvements needed? on: December 03, 2014, 12:11:45 AM
cryptogeeknext,

Brave the New World. You are the company, don't enslave your potential in your fear. The antithesis of risk and profit, is insured poverty and failure. You are most likely European and have been indoctrinated by the culture and school system to believe you can't prosper without the government (or unlikely very young and a recent product of Obama education system). You will soon (couple more years to go) learn that all governments are bad (it takes a while for the accumulated damage to manifest in ways you can recognize from inside the system). Governments can only interfere with the free market. The free market is optimization, because simulated annealing is nature's only known optimization method for dynamic systems where no limits on diversity are known a priori.

Without failure, there can not exist success. Without white, black can not exist. Uniform distributions have no change, thus don't exist (aren't alive). Diversity is beautiful.

Sorry to be so closed minded on this. I know you are trying to be amicable and open discussion oriented. You are intelligent and articulate. It is what you've been taught that has influenced your understanding.


Edit: the fact that many people think that government is necessary is precisely why we need anonymity, so that another person's ideas can't force me to adhere to their chosen failure mode. I will be sovereign if I can make your government impotent against me. You will then have no right to force me to be included in your preferred tax and spend master plan. I will have the power to disagree, instead of being your slave.


I will say these opinions as loud as possible, and if encourages more downvotes, much better. We need to know realistically if there is any sanity out there.


There is no limit to the damage government can do if they are not limited by technologies such as anonymity. We always had anonymity. It was here-fore known as "cash". You take away that feature of society with non-anonymous electronic money, and the government will be unchecked in power and they will murder every single person on earth.


Edit#2: the government tasks you with paying your taxes. The multi-national corporations capture the government via regulatory capture. You are squeezed. With anonymity, they can't control you with their forced slave labor tax. You then have time to work for yourself, you innovate faster than the slow moving dinosaur corporations, driving them to extinction.  Nothing in the universe is sustainable and constant. The fundamental matter of our universe is change. If you expect that, you will always chose insured failure over risky chances for success.
234  Economy / Service Discussion / Re: I really want this watch but it's too much on: December 02, 2014, 10:41:49 PM
http://cryptomatic.io/

little over 2BTC!!! i would pay maybe 1.

I don't understand the purpose of a watch since we always carry our smart phone?

I don't feel it is stylish to put unnecessary ornaments on my body. I can't go off sprinting spontaneously with that thing on my wrist it might fall off or is just annoying.
235  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin good enough; there aren't critically important improvements needed? on: December 02, 2014, 10:25:35 PM
cryptogeeknext,

If anonymity requires us to give up collaboration and interaction, then we've failed to implement it properly.

For example, just because the government can't identify a transaction to tax it, doesn't mean the parties to the transaction can't know each other.

All prosperity is created in the private sector. They can still collaborate with anonymous transactions. This will be even more so as we move to the Knowledge Age economy, where for example you don't need to know the identity of the person you are collaborating with on some digital work project (programming, 3D printer designs, marketing, etc). One day those complex physical machines you mentioned will be designed collaboratively via online interaction and anyone can print any part on a 3D printer. You want a space shuttle, okay download the designs and print the parts and assemble it.

The government doesn't create any prosperity, it only takes some from one group and redistributes it to another group, and sells debt bonds to finance any short fall.

Transparency of government doesn't solve the problem that collectives consume more than they produce, because government is forced to promise what voters want to hear regardless of available resources. The government that promises less, gets voted out to replaced by the government that promises more.

Surely Europeans love all their benefits (e.g. 35 hour work weeks, 1 month paid vacations, free health care, free schooling, free natal for mothers, guaranteed retirements, inducements to stop working by age 50 or so, etc). And their governments are bankrupt because of it and will soon implode economically with great hardship on the people.

A gorgeous super intelligent female:

https://www.youtube.com/watch?v=N8EA_1YHztE (Brave the New World)

https://www.youtube.com/watch?v=mp6C4g23uYo (so you can learn about Russia)

https://www.youtube.com/watch?v=_f5gqROO2Zc (wow)
236  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin good enough; there aren't critically important improvements needed? on: December 02, 2014, 09:28:13 PM
If we look at a good half of Ukraine, we will see that a lot of people there wish they had a stable government. Things aren't pretty when they are out of balance.

Part of the problem there is you have two powerful governments (USA and Russia) fighting a proxy war in Ukraine. So the Ukrainian people don't have enough military power to protect and enforce their collective will.

These powers are preventing Ukraine to split by language and culture and needs to probably be two countries.

So this is an example of the problem of a groups' collective military being too small. One long-range, idealistic solution is if the USA and Russia also adopt the "vote with your feet" and they reduce the size of their militaries to put a stop to this abuse of Ukraine. But the Russian people support Putin with 80% approval rating. But they support him because they are ignorantly trapped in top-down oligarch economy and haven't tasted decentralization. They were manipulated by the powers-that-be that funded the Bolshevik revolution (to bring communism to Russia) and then after the fall of USSR the powers-that-be awarded all the collectivized (from communism) national resources to a few well connected oligarches.

So the process of freedom from decentralization is going to have to first break down a lot of inertia.


Anyways, we haven't had an open system like Bitcoin before. Who knows, maybe it will turn things for the better. Maybe people will learn, maybe people will care. Let's give it a chance to play out the way it was created - open and free. In the mean time we can experiment with all the other stuff we can think of.

I agree with you that decentralization technology must improve matters, because empowering the individual always does improve prosperity because decentralization has more degrees-of-freedom, i.e. is more efficient.

I don't think we will have decentralization without anonymity, because otherwise the government can regulate what it can find (all the details of how this entirely plausible is covered in the links from the OP of this thread). That is why I remain diligent in my stance on this forum.
237  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin good enough; there aren't critically important improvements needed? on: December 02, 2014, 08:20:52 PM
...
I don't disagree, but it seems to me you missed at least one of my salient points. A paradigm is not open if it is the only way allowed. Such a goal is self-enslavement. Thus for sure there will exist anonymous block chains. So just forget being able to enforce that all corruption is 100% transparent always. There will never be a solution for that. And there shouldn't be because taking action against it, is centralizing. Politics is centralizing. Voting is centralizing. These all require a collective outcome.

Voting with our feet is decentralizing, because each person can act independently and gets his or her result instantly. As you vote by withholding your funding for the corruption (because you are anonymous you can), you contributed to minimizing it. Instantly. Decentrally.

When you agree with the efficiency of the government and see a necessary project, you agree to fund it. In order words, we privatize the government. They have to perform well. Similar to crowdfunding.

Thank you for prompting me and giving me the insight of how to clarify my point. We learn from each other, by sharing.

If requirement is such, that taxes (obligatory or voluntary) are collected on an open blockchain, then existence of other payment methods will not jeopardize the transparency of government's spending, as the exit points to any anonymized system will be clearly seen.

I agree that open and closed systems should compete with each other, so that neither is abused. If there is too much taxes and they are wasted on things people don't need, then population will slowly move into a shadow economy. However the opposite is also true, if the shadow way of doing things doesn't bring much comfort and stability to society, people will be willing to fund a good government with their taxes to keep things in order.

Current governments will be faced with a choice at some point: wether to keep accumulating debt in fiat or start adopting crypto, in which case a fierce competition for control over the crypto will make sure that people's opinions on how to proceed forward will need to be taken into account. Government would need to present a service that people will be willing to support.

Government provides the service of promising more than it can collect in taxes. And the people always love it. Again this is an IRON LAW of Political Economics. This can never change because it is human nature. Everybody loves something for nothing. And politicians are expert at telling them it is plausible. Since Mesopotamia humans have been falling for it. And they will be falling for it for eternity.

The only escape is anonymity where the socialism can't extract its horrible nature from you.

Putting every transaction on the block chain does nothing to stop the government from borrowing money. It does nothing to stop kickbacks from government transactions. Are you going to prevent every contractor's employee from using an anonymous coin?

http://armstrongeconomics.com/library-research/encyclopedia-of-ethical-failure/

Quote
Abuse of Position

If I Help You Land This Multimillion Dollar Contract, Will You Give Me a Job?

A former government human resource director was sentenced to two years of probation for violating conflicts of interest laws, 18 U.S.C. § 208, and lying on his financial disclosure report.

You see if you require the government always conduct on transparent block chain, it becomes an enslavement for everyone, otherwise you can't stop the leakage and ways of gaming the system.

The supply of Bitcoin will never be limited to 21 million coins unless you can find a way to outlaw finance and debt. But the people love debt and that is something that will never change. Usury was illegal and it coincided with a Dark Age. It was when the restriction of usury was removed that the Enlightenment and the economy began moving again. Because most people don't function on savings. Money is always power-law distributed, because most of humanity lives for today.

Statists always think they can create a nirvana. They are so delusional.

Edit: However I agree with you that there is one valid function of government. To resolve conflicts. If there is no authority with bigger guns, men fight to resolve who has the bigger gun. So here is where you vote with your feet. You withdraw your consent to that authority when it is being abused by employing your anonymity (withdraw funding by non-reporting of taxable activities), e.g. the USA military resource is being abused.

Disclaimer: I am not advocating any illegal activities. I am not a professor adviser. Please consult your own.
238  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin good enough; there aren't critically important improvements needed? on: December 02, 2014, 08:13:03 PM
Maybe so but it's still worth remembering that there is no secure blockchain without the value inherent in the token "bitcoin"
They are inseparable

Yes, I don't understand why people can say the currency function has a less bright future than the blockchain when all the security of the blockchain actually depends on the value of the currency, because it triggers the motivation to mine and secure the network.

Also note that OpenBazaar is putting all their long-term persistent data on the Bitcoin blockchain. All these various block chain apps can't make their own block chain, because they wouldn't have sufficient hashrate to protect from 51% attacks. It is much more likely that only one or just a few block chains will win and all these apps win run on them.

http://www.wired.com/2014/04/darkmarket

OpenBazaar is a cool idea, but so far the design is such that your store only stays up if you computer is always online. I think they need to put all the store items on a block chain. But I don't think they can do that using the Bitcoin block chain.

Yet another reason Bitcoin's block chain is not sufficient to do everything we need to do.
239  Bitcoin / Bitcoin Discussion / Re: This Investor Thinks Bitcoin Will Change EVERYTHING — Not Just Finance on: December 02, 2014, 08:11:35 PM
Maybe so but it's still worth remembering that there is no secure blockchain without the value inherent in the token "bitcoin"
They are inseparable

Yes, I don't understand why people can say the currency function has a less bright future than the blockchain when all the security of the blockchain actually depends on the value of the currency, because it triggers the motivation to mine and secure the network.

Also note that OpenBazaar is putting all their long-term persistent data on the Bitcoin blockchain. All these various block chain apps can't make their own block chain, because they wouldn't have sufficient hashrate to protect from 51% attacks. It is much more likely that only one or just a few block chains will win and all these apps win run on them.

http://www.wired.com/2014/04/darkmarket

OpenBazaar is a cool idea, but so far the design is such that your store only stays up if you computer is always online. I think they need to put all the store items on a block chain. But I don't think they can do that using the Bitcoin block chain.

Yet another reason Bitcoin's block chain is not sufficient to do everything we need to do.
240  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin good enough; there aren't critically important improvements needed? on: December 02, 2014, 07:44:22 PM
The government in general is not a problem, it is an obscure financial system currently in place that allows corruption on a large scale to go on unnoticed by the general public.

Keeping blockchain open and transparent will make government more accountable and democratic.

I've seen this advocated as a positive for Bitcoin many times. So my rebuttal is not targeted at you personally, but at the concept which you've ostensibly learned from others.

This assumes crypto-currency will be the only currency or the public can force all government transactions on to the block chain, which I assert is irrational and delusional to the extreme.

If ever you had only one way to transact, we'd be slaves in a 666 system (don't tell me that with decentralization we'd be free of the Law of Collective Political Economics, impossible...don't abuse yourself with notions of eliminating nature and achieving perfect nirvana).

We can't even force the government to reveal all information about the NSA, so we surely can't force them to be open when they have other options for transacting.

Also we already know about the government transactions in sufficient detail to know about the corruption, but we still can't vote them out of office. We the People lack the power in democracy is because of the Law of Collective Political Economics.

The way crypto-currency will reform government is "voting by feet". When people have a way to walk away from the government edicts, e.g. confiscate and redistribute (ahem tax and spend), the government becomes impotent or at least the people have a finer grained veto on socialism because each person can make his or her financial weight counted in terms of what they agree to and not.
...

Crypto-currency might not be the only way to transact for now, but the network effects will eventually make it one of the primary systems on the planet. Unlike unsustainable fiat's debt-spirals, current major PoW coins are all gain-spirals. It means that incentives are there for the replacement process to continue unhindered.

Requirements for transparency and accountability can be gradually put in place while governments are slowly evolving and adapting to the new way of doing things. Governments are not some alien rogue entities that were enforced on people from outside, but rather it is people themselves who created governments to make society civilized and keep things in order.

We need an outstanding example of an open transparent money system (which Bitcoin is first installment of) to compete with closed obscure and entrenched ones currently in place. There might be some demand for fully anonymous crypto, but I believe it will constitute a small niche. Remember what kind of outrage an opaque voting system caused in the recent Bitcoin Foundation elections? It's a shame, especially when blockchain technology allows for full accountability and transparency.

Open is the way forward.

I don't disagree, but it seems to me you missed at least one of my salient points. A paradigm is not open if it is the only way allowed. Such a goal is self-enslavement. Thus for sure there will exist anonymous block chains. So just forget being able to enforce that all corruption is 100% transparent always. There will never be a solution for that. And there shouldn't be because taking action against it, is centralizing. Politics is centralizing. Voting is centralizing. These all require a collective outcome.

Voting with our feet is decentralizing, because each person can act independently and gets his or her result instantly. As you vote by withholding your funding for the corruption (because you are anonymous you can), you contributed to minimizing it. Instantly. Decentrally.

When you agree with the efficiency of the government and see a necessary project, you agree to fund it. In order words, we privatize the government. They have to perform well. Similar to crowdfunding.

The solution to government corruption is eliminating (privatizing) government. Socialists hate this because they don't trust humanity. They think someone needs to force people to be caring and helpful. In reality, socialists create megadeath because they create the environment (government) for corruption and at the end game peak totalitarianism.

Socialism (and any other form of forced collectivism) is incongruent with openness and decentralization. I have no idea why a European or Obama socialist would support Bitcoin. They would need to be very confused (unless they are just fighting against anonymity improvements and thus want Bitcoin to be regulated).

Thank you for prompting me and giving me the insight of how to clarify my point. We learn from each other, by sharing.
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