What if they couldn't change their IP, would that rule solve the problem?

I was thinking about this last night and I was wondering, what would happen if we added another stricter block-validity rule that says if more than half of blocks of all the blocks created within a day are created by 1 IP, the IP get's ignored by the rest for the next 24h?

The thread where this is discussed for anyone who is interested: https://bitcointalk.org/index.php?topic=67634.0

Supply is increasing by 50BTC per ~10min which comes out around 7200BTC per day.

He already did.

Are you are troll?

Oh and I'm especially not going to waste my time if you can't even see the various regulations and constraints the Bitcoin free market continually places on itself, or are you going to claim that people anonymously offering services for bitcoins somehow aren't regulated or contrained by the free market and can do what ever they like? Is SR unregulated and unconstrained? Can merchants there do what ever the hell they want?

Like I said, some of this is just plain common sense.

So I should consider you dense but waste my time explaining it to you anyway? Do I look like a fool to you? If you are honestly interesting in learning why you are mistaken and why your statement is wrong and why the free market isn't unregulated and unconstrained, some of which btw is just plain common sense, you'll just have to pick up one of the oh so many sources I gave you a link to, and do your own homework.

If you had quoted my whole response to your bullshit statement you'd have already received the explanation. And if you still don't understand, well then, I guess it's you who's going to have to do some learning. I suggest you start here: http://mises.org/literature.aspx?action=search&q=free%20market

Bullshit. Free markets aren't unregulated and unconstrained. Try again. What they are though is unregulated and unconstrained by a central authority and monopoly of violence. Which is a big fking difference.

The correct way to create a world government is to not create a government anywhere at all but let the free market provide the services people want or need. No central plan is needed for that.

How vulnerable is pgp and truecrypt to brute force attack by so much hashing power?

+1

That is true, I could have, but that wasn't the point really. I was hoping we could start talking about the accessibility of this kind of information for someone just learning about Bitcoin and figure out ways to make it more easily accessible and easy to learn about.

I other words I was trying to raise awareness that there is such an issue.

From http://bitcoinmedia.com/juice-rap-news-joins-bitcoins-struggle/ :


Kind of supports my suspicions doesn't it?

Man when will they learn..  OP is another example of a central planner wannabe know it all.

Sure, you can lobby for people to spend their money now rather than save. But you can't show a single shred of evidence that bitcoins aren't going to get spread around without people spending them now. That is merely you making baseless statements.

Actually I'm going to go a step further. It is precisely because people tend to want to save Bitcoins that they will get spread around more than we can even imagine. Just look at gold. It's super limited in supply, people tend to save it, and yet people own it all around the planet (even I own 2.6oz).


Good thing this experiment is by design a free market and so it doesn't matter what any one person thinks should or shouldn't be done. I can't wait for about 15-20 years down the road where all these prophecies and central plans will get demolished by the cold hard reality and evidence.

Hello,

I was watching the video with the new voice-over for MtGox's checkout solution and a question popped into my mind: How accessible is this information? In order words, how hard is it for merchants potentially interested in using Bitcoin to learn about the various options they have?

So I first looked at weusecoins.com where I found it lists:

https://bit-pay.com/ which is good and
https://bitspend.eu/ https://walletbit.com/ http://www.bitwillet.com/ which I have no idea about who or what these are and..
..there's also a link to http://btcinch.com/ which goes to a hosting default page and it also links to a wiki page but actually just links back to the merchant page on weusecoins.com.

I think this is a problem!

Next I looked at the official bitcoin.org and the Bitcoin wiki page and there it's even worse. Although the frontpage bitcoin.org has a link to the "Merchant Howto" wiki page, the main wiki page has no link that would lead directly to merchant solutions. Also once you do go into "Businesses (Trade)" it's only at the very bottom of the page of all the businesses accepting Bitcoin under "See Also" where one can find the link to "ECommerce" https://en.bitcoin.it/wiki/Category:ECommerce and it's only on this page where there's a "Merchant Howto" link to here https://en.bitcoin.it/wiki/Merchant_Howto

I believe this is also a problem.

If I'm a merchant and I already have some sort of an online solution incorporated into my business I would probably get really frustrated and disheartened really fast if not only I needed to do a lot of reading on Bitcoin but also had trouble getting easily accessible and easy to learn how to use information about merchant solutions.


So I would like to suggest:

weusecoins.com please look into updating the "Bitcoin for Merchants" page and whoever is in charge of the wiki page please add a link to merchant solutions on the main wiki page and also update the information on the relevant sub pages.

At the very least I'd like to start a discussion about this topic of information availability with regards to merchant solutions in the hopes to find ideas of how to make it as easily accessible and as easy to learn how to use as possible so potential adopter don't get discouraged unnecessarily.

I save in PMs and BTC, call them what you will but I call them money.

HAhahaha I just love the trolling in this thread  I wish you guys would get the chance to troll The Bernank sometime, that would be one hell of a ze price stebeeleete show.

Don't worry, "Necessity is the mother of invention". I believe Bitcoin is such a superior digital commodity currency system that everyone will eventually end up using it, they just need to get pushed into a small enough corner by the status quo.