I'd guess that someone with more than ~100K BTC today should already be rich enough to live indefinitely, barring unforseen problems. But that's a very uneducated guess.

[Warning: poster is batshit crazy]

I think bitcoin is hastening a technological singularity, so saving it for the "rest of my life" seems impossible to determine right now. I'll work until my services are no longer required, at which point I'll have to calculate what speed I can run at while living off deflation indefinitely.

[/crazy]

I understand how nuts this sounds, so when pitching bitcoin to people I kinda don't mention what I plan on doing with mine.

No, there's more of us. Some of us just live in a city with crime, crappy gun laws, and packed with liberals... and we don't get a vote option.

If the USA did this, they would just pile on more fines for not paying your fines, wait until after it has reached obscene proportions, and then garnish your wages (if any) or arrest you.

Looks like the other guys beat me to it and explained it well, so whoever gets the reward is your call.

"A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from profit earned by the individual or organization running the operation." - Wikipedia

Assuming you want more money, you should avoid Ponzi schemes because you are more likely to lose money than to gain money.

1NtTPVVjDsUfDWybS4BwvHpG2pdS9RnYyQ

I'd prefer B since it keeps the money supply relatively constant in the long term (lost coins), but it's such a minor issue that for a deflationary currency Bitcoin is good enough as-is. Bitcoin has convinced me that deflation is not a huge problem, but it still might be suboptimal.

However, both EnCoin/decrits and Freicoin have some good ideas, so I'm keeping an eye out for those. It's unfortunate that much of the Freicoin community supports mandatory payment to a central Freicoin Foundation, though.

Make ALL the coins! Let the market decide, because I'm sure not smart enough to.

I'd be willing to work on icons, documentation, etc as well. No charge, I just don't have enough money to donate what I think this project is worth.

lol I am amused by this notion of a backwards protection racket

TAKE OUR MONEY OR ELSE!

Damn, that's true. I guess you could send each tx to a different set of independent servers, but that's still not 100% secure.  At least I learned something today, thanks!

To force yourself to wait at least X blocks:
Create x private keys
Create one offline transaction per key, sending the entire sum to the next address in series
Delete all but the last private key
Send the offline transactions to a bunch of different servers, all of which are set to automatically relay each transaction

That way, it's impossible to spend anything until every transaction has been processed, which will take ~10 minutes per key. So for 12 days you would need 24*6*12 keys.

$100 million is feasible if you consider that such an enormous buy would raise BTC/USD. Hell, even $1 million would cause quite a spike. It raises the question - why denominate a bitcoin ransom in dollars? Does Romney send them $1 million in bitcoins as of before or after the purchase?

Seems like a hoax to me.

I think it'll be ready "on time" too. I find it very exciting to watch (and help somewhat) as tomorrow's financial infrastructure is built. We could build supernodes right now if scalability became a problem, and Open Transactions is showing great promise for derivatives markets.

So you're so rich that simply posting a receiving address is worth a whopping 2 BTC to you, but you're so poor that you can't offer more than 1000 BTC? Why the higher odds all of a sudden? To make things easy, I'll even send you my 0.0001 BTC immediately yet patiently wait for you to save 100 BTC in the unlikely event that I win.

Assuming you agree that there IS a nonzero chance that a third party will win (like they have in the past), then increasing that chance is potentially worthwhile.
Value of voting = (expected benefit if win) x (change in chance to win) - (cost of voting)
Costs are gas money, waiting in line, etc.
Personally I'd put a HUGE value on removing the Republicrats from power, so even if the odds are very low it's worth doing.

Then do I ever have the deal for you! Let's bet on it. If any third-party candidate wins, you pay me 100 BTC. If Democrats/Republicans win, then I pay you 0.0001 BTC. Since you're not just being hyperbolic to promote a political argument, it's practically free money!

Do you honestly think a government led by Gary Johnson would be as corrupt or broken? Ask a dozen random people if they interpret low voter turnout as protest or apathy. You can send a clear message against corruption and inefficiency by voting for someone who will fight against them.

.
Don't let the Democrats trick you! The only vote that helps Romney win is a vote for Romney. When votes for Nader "helped Bush win" in 2000 the Democrats were quick to point the finger at him and his supporters, but then what did they do to FIX the spoiler effect when they finally won power?

Nothing.

They did nothing to fix the spoiler effect and never WILL do anything to fix the spoiler effect because it keeps THEM in power too. So when we say "lesser evil" or blame ourselves for not compromising with 49% evil, they laugh all the way to the bank. Obama and his ilk have perpetuated this dilemma on purpose... that alone should be reason to refuse him.

Yes, there's a .00001% chance your vote will "let Romney win" because you could have voted Obama, but it's a scam perpetuated by both parties. Just vote for whoever you think is best - if everyone had the conscience to do that instead of try to game their fellow Americans, we'd be living in a much more peaceful place.

1 LG = 1000 LTC + 1 BTC
1 SH = 1000 LTC - 1 BTC

Issuer	Alice	Bob	Description
[1 LG + 1 SH]	2000 LTC	2000 LTC	Issuer creates a long + short basket
2000 LTC	[1 LG + 1 SH]	2000 LTC	Alice buys long + short basket from Issuer for 2000 LTC
2000 LTC	1 SH + 1285 LTC	1 LG + 715 LTC	Alice sells the longcoin to Bob for 1285 LTC
2000 LTC	1985 LTC	1 LG + 1 SH + 15 LTC	Later, Alice sells her shortcoin for 700 LTC. (BTC/LTC has gone up)
[1 LG + 1 SH]	1985 LTC	2015 LTC	Bob redeems the long + short basket from the Issuer.

I have about three years of experience 3D printing, but none counterfeiting. And you?

It looks like the Slashdot commenters are interpreting this properly - that all Bitcoin did was enable a regulation-free environment. Boo hoo a bunch of people got greedy and lost money, at least now I can't be forced to pay for a pirate bailout or a regulatory agency that protects me from myself.

I'll take caveat emptor over caveat omnes any day.

And? Bill counterfeiting is a reality, and they use 2D printers. 3D printed bills with today's technology wouldn't fool anyone, you just can't get that much detail. 3D printing doesn't help with security strips at all.