Bitcoin Forum
June 15, 2024, 03:27:32 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 [111] 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 »
2201  Economy / Speculation / Re: Let's all take a moment to thank Apple on: September 09, 2014, 09:31:59 PM
You forgot to mention Apples flawless security track record....  Grin
2202  Economy / Speculation / Re: Is this concept viable ? on: September 09, 2014, 09:27:57 PM
sorry, i just don't trust governments enough. Nor should anyone.

It's basically giving government unlimited control and full authority to do whatever the hell they want.

Not only can they create unlimited amounts of money at an instant, they can also deny you access to your money.

The possibilities of abuse are just too much.

What about police and military. Everybody will have own ? Who has more bitcoins will have bigger army ?

Do you trust police and military?

I do understand that governments must get paid for the services they provide for their citizen. However this does not mean that they must control the money.
There is no way that governments can receive tax through cryptocurrencies without owning the system. Governments must adapt to crypto and find other methods of collecting tax revenues.

I'm only asking how to protect against Putin, Kim Jong Il, militant muslims (global scale). Murderer or thief on local scale. Can we do this without fiat ?

First of all I would like you to look at your own government and media. We are all affected by propaganda and bullshit vented by our governments. Every government is rotten in it's own way, this rot is called power.
Look at the last few wars, they all seem to have a common denominator called natural resources (gas, oil, etc.). The Ukraine conflict is not finished yet and the gas has already been sold to Shell.
Everyone fights for a reason and in my opinion war should always be avoided.

That said I do believe we need a military and yes that military should get paid.

In essence you are asking how can we pay for government services when using a payment system that is decentralized?

In my opinion there are a few footholds that might even make for better governments. This is thinking out loud by the way Smiley


The blockchain as foothold for governments.
A citizen could be required to register their account(s) to a government for which they will be sent a tax bill.
Vendors could be forced to only accept payments from registered accounts.
If every account would be registered with a government and to a person or company, the governement can bill taxes.
All non registered accounts could be deemed illegal.
Not paying your tax would constitute a criminal act.

This could improve governments in two ways.
1. Free country registration.
Don't like your country move to one you do like and give them tax for it.
This might not be practical due to space and natural resources.

2. multi-party government, full democracy.
Let the world/country be controlled by those that get the most tax. Don't like what one government party is doing? Cut their income by giving it to a party you do trust.
Want more military action, give your tax to the people that fulfill that goal.
This also prevents rotten government officials that go against their citizen since they will receive too little money to act.
Full democracy might not be ideal but money distribution can also be tweaked (for example base-tax and party-tax).

3. Less money more efficiency
Looking at point 2, a government party that works efficiently will receive more money from citizen since they get most done.

etc.


2203  Economy / Speculation / Re: Here we are 24 hours after the Braintree/PayPal news.... on: September 09, 2014, 08:58:42 PM
Why does if have to react in hours?
Did you download the app and start using it to buy stuff? No?
Well maybe 24hours is a too small timeframe for positive news to reflect in the price.

People will only react in a 24hour period when the price is skyrocketting(immediate profit) or when it crashes(or can crash soon in case of really bad news).

Let's just wait and see
2204  Economy / Speculation / Re: Bitcoin starting to look more and more like TULIP BULBS of 1600s on: September 09, 2014, 08:53:35 PM
No. But 99.99 % of humanity considers credit cards to be way more convenient than Bitcoin. And that's what matters.
99.99% of humanity would have told Henry Ford they wanted faster horses, not smelly, oily, gaz-guzzling noisy contraptions like "cars", and that's what mattered. Not. Smiley

lol at this analogy.  does not work out in the least bit.  lol at "oily, smelly gaz guzzling"

And another lol.
Henry ford didn't invent the car, that was (arguably) Karl Benz, about ten years before the Model T.  
Ford's genius was in making his cars cheap, user-friendly, and affordable.
See some new parallels emerging?
 

Henry Ford was the first to build an assembly line for mass production.
2205  Economy / Speculation / Re: Is this concept viable ? on: September 09, 2014, 08:49:46 PM
sorry, i just don't trust governments enough. Nor should anyone.

It's basically giving government unlimited control and full authority to do whatever the hell they want.

Not only can they create unlimited amounts of money at an instant, they can also deny you access to your money.

The possibilities of abuse are just too much.

What about police and military. Everybody will have own ? Who has more bitcoins will have bigger army ?

Do you trust police and military?

I do understand that governments must get paid for the services they provide for their citizen. However this does not mean that they must control the money.
There is no way that governments can receive tax through cryptocurrencies without owning the system. Governments must adapt to crypto and find other methods of collecting tax revenues.
2206  Other / Meta / Re: Is falllling an alt for this Hero member? on: September 09, 2014, 01:04:44 PM
Found more falllling trolls.

There is an English mistake that falllling keeps makes which is his signature.

Do a search on "Cut your loose" (include quotes) and you will uncover many falllling like people who make this signature mistake.

Are you sure that isn't just some misspelled in-joke like 'hodl' is?

Good point, that is certainly possible.

Following another indicatior, indicates that falllling is not using trolls.
He also says that things are "over-price!" and he is the only person making this mistake.

It would be fun to uncover the person behind falllling and his motives Cheesy
2207  Other / Meta / Re: Is falllling an alt for this Hero member? on: September 09, 2014, 11:31:40 AM
Found more falllling trolls.

There is an English mistake that falllling keeps makes which is his signature.

Do a search on "Cut your loose" (include quotes) and you will uncover many falllling like people who make this signature mistake.

The following are probably the same people as falllling
 - Chuckee (which I already expected)
 - rfisher1968
 - cbeast
 - gonzoucab
2208  Economy / Speculation / Re: Gold is collapsing. Bitcoin up. on: September 09, 2014, 11:21:04 AM
Gold collapsing? I don't follow the metal prices. Link?

For years gold is one of the 3 things that doesnt depreciate. You think Gold Reserves of the US doesnt regulate these things?

You assume there is still gold left in those reserves?
2209  Other / Meta / Re: Is falllling an alt for this Hero member? on: September 09, 2014, 10:40:53 AM
I was thinking the same Smiley

Never. The more businesses "accept" bitcoin (immediately dump it on exchanges via market sells), the more it will crash.

agreed

Same time zones.

It's fun to see that ButterZone seems to be mining Smiley

https://blockchain.info/address/1BUTRZ85L1JuoX5y2XRjxJaYcjcMLhPJcY
2210  Economy / Speculation / Re: Metcalfe's Law: Bitcoin Price and Adoption Analysis for the Future on: September 09, 2014, 10:04:43 AM
2017 looks promissing Wink

ya, why not 2027 2037 or 2047?

Good question. It all depends on how much money you need to be set for life (buy a nice house, etc.)
If I can buy a nice house for 2-5btc I will, thus making 2017 promissing Smiley
Ofcourse I will be holding on to btc all the way to 2047 and higher long after the final capitulation of the USD Tongue
2211  Economy / Speculation / Re: What do you think is the fundamental worth of bitcoin currently? on: September 09, 2014, 09:58:53 AM
Zero. Bitcoin is essentially worthless. The market is slowly realizing this fact, as we're currently seeing.

The USD is the future of money.

Cheesy
2212  Economy / Speculation / Re: Metcalfe's Law: Bitcoin Price and Adoption Analysis for the Future on: September 09, 2014, 09:52:03 AM
2017 looks promissing Wink
2213  Economy / Speculation / Re: Pool: If PayPal adopts Bitcoin, what would the price be? on: September 09, 2014, 09:39:49 AM
Ok, Paypal will adopt Bitcon. Now what?

now this:

PayPal Braintree doesn't integrate bitcoin but use coinbase to sell bitcoins
the more businesses "accept" bitcoin (immediately dump it on exchanges via market sells), the more it will crash.

And the more people will have to buy to be able to spend them...
2214  Economy / Speculation / Re: World War 2, part (b) on: September 09, 2014, 09:10:34 AM
Putin is Evil but not stupid. He knows he can get away with annexing Crimea, there's nothing the West can do about it. Ukraine has always been under Russia/Soviet's Sphere of Influence. It's their backyard/frontyard/sideyard or whatever. Ordinary people be damned. Ordinary people are stupid, have you heard that majority of Russian people are supporting their dictator right now?

james, can you explain to me the motivations of the US and Russia's involvement in this situation? I've so far had a hard time wrapping my head around that part. Your post indicates a perception of Putin acting out of greed (a trait of being evil) and I just want to know how it's different from what everyone else is doing there.

Gas and oil pipelines.
2215  Economy / Speculation / Re: What do you think is the fundamental worth of bitcoin currently? on: September 08, 2014, 09:31:17 PM
I believe the current price is based on the cost of mining by people in low power countries.
The price of 1 BTC would be around $480 to mine and thus approx. $500 to buy.

Since Bitcoin has potential and difficulty is continuously rising faster and faster I voted for a conservative $500-$1000.

The price of Bitcoin has the potential of rising way above this point and I believe it could well go up to 10k before 2017.
2216  Economy / Speculation / Re: I just bought 3BTC on: September 08, 2014, 09:25:18 PM
LOL first start a thread that the real bottom is $120 and then announce you bought 3 BTC.

Trollin´ Cheesy
2217  Economy / Speculation / Re: falling to $470 within hours on: September 08, 2014, 08:08:54 AM
$482 now
2218  Economy / Speculation / Re: Why did bitcoin failed? on: September 08, 2014, 12:24:26 AM
Let's state that the Nazis will take over using bitcoin to adhere to Godwin's law Wink
2219  Economy / Speculation / Re: Dat dump 470 on: September 07, 2014, 11:36:38 PM
Undead-cat resurrection Wink
2220  Economy / Speculation / Re: bullish dream on: September 07, 2014, 11:35:32 PM
You may have mistaken a . for a ,?  Wink
haha you are right, I now internationalized it removing thousands separator completely.

You may have mistaken a . for a ,?  Wink
USA = ,
EU = .

how to they express 0.1 then?
0,1 Smiley

silly, just silly.

 Cheesy

You're silly...

Great Britain and the United States are two of the few places in the world that use a period to indicate the decimal place. Many other countries use a comma instead. The decimal separator is also called the radix character. Likewise, while the U.K. and U.S. use a comma to separate groups of thousands, many other countries use a period instead, and some countries separate thousands groups with a thin space.

what do poeple use on the internet?

, As decimal point unless some stupid piece of american software prohibits it or when talking to americans since i'm considerate Cheesy
Pages: « 1 ... 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 [111] 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!