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281  Economy / Service Discussion / Re: OpenBazaar - decentralized eBay on: July 10, 2015, 12:52:59 PM
If OpenBazaar has listings including drugs / weapons etc on there then I won't be using the platform and I know of many other legit retailers who would follow the same principle.

You can have a family friendly portal if you want to build one. I'm sure someone will. It would be great for buying bibles, prayer beads, and cattails for self-flagellation, if you wish.
282  Other / Meta / Re: Can the Philippines PLEASE get their own sub-section? on: July 10, 2015, 12:46:22 PM
The official language of the Philippines is English. It has several pigin languages and many more dialects. They don't need their own section.

Can we take this reason for us Pinoys not to have our own section? Those many dialect that you talking about are native language and can't be understand in the whole Philippines. Majority of the PH people understands Filipino (Tagalog) and English only and not those native languages.

As I said Im fine with the current state of PH thread . But much better if we have our own section. Smiley I already told in my post here what is my concern about.

I didn't mean there should be sections for different languages. I was wrong to think there shouldn't be a Tagalog section. There's probably enough interest to warrant one.
283  Other / Meta / Re: Can the Philippines PLEASE get their own sub-section? on: July 10, 2015, 06:17:49 AM
The official language of the Philippines is English. It has several pigin languages and many more dialects. They don't need their own section.
284  Local / Pilipinas / Re: Pilipinas (Philippines) on: July 07, 2015, 10:45:26 AM
I'm looking forward to seeing bitcoin use in Mindanao and Vasayas.
285  Bitcoin / Bitcoin Discussion / Re: Bitcoin Use In Philippines on: July 07, 2015, 09:17:23 AM
If any bitcoiners are in CDO, I would like to arrange a meetup.
286  Other / Meta / Re: "THE LIST" on: July 06, 2015, 02:13:49 AM
Now we need "The List" on Reddit.
287  Bitcoin / Bitcoin Discussion / Re: From POW to POS: is it the evolution or retrogress of cryptography currency? on: July 03, 2015, 09:26:58 AM
With regards to distribution, in PoW all you need to get into the economy is mining equipment and an internet connection. In PoS the only way to acquire currency is from a stakeholder. After distribution, the stakeholders can transact with whom they choose and nobody has any other way to join the system. I realize this is a simplistic perspective, but it is a powerful tool to promote exclusionary policies. For instance, it would be easy for a state to exclude foreign PoS currencies and promote their own. This could be a positive thing depending on your political perspective. It could also be used to segregate social groups by denying them participation. PoW however, cannot exclude anyone that has adequate hashing power.
Finally someone who also realizes this. Although your stance in particular is probably a bit too negative. However, if one really thinks about this he/she would realize it.
This might simplify it for those who do not understand:
In a PoW coin such as Bitcoin:   In order to acquire coins you can buy equipment and mine it yourself (aside from buying from others).
In a PoS coin such as Peercoin: In order to acquire coins you need to find someone who is willing to sell i.e. who is willing to let you be part of it.



PoW however, cannot exclude anyone that has adequate hashing power.
cannot exclude anyone that has adequate hashing power.
anyone that has adequate hashing power.
hashing power.

Right, and hashing power grows on trees. And Bitcoin early adopters are not billionaires.

It's called Proof of Work because it's Hard. Otherwise it would be called Proof of Lollygagging.
288  Bitcoin / Bitcoin Discussion / Re: the reason why Satoshi didnt use his 500k-1Million Bitcoins on: July 03, 2015, 03:41:01 AM
many people are monitoring those coins (addresses) for fun, for curiosity, and many other reasons. if any of them starts moving there is going to be mass panic IMO.
and we are not talking about hundreds of bitcoin , the amount is big enough to cause this panic.
and the panic will result in mass dumping
200 years from now people will be waiting for the return of Satoshi to airdrop his bitcoins upon the true believers.
289  Bitcoin / Bitcoin Discussion / Re: From POW to POS: is it the evolution or retrogress of cryptography currency? on: July 03, 2015, 03:11:03 AM
PoS is apartheid. You must ask permission to become part of the economy. If the stakeholders are racist, then they will exclude that race from participation. So far that isn't a problem, but it is an excellent tool for despots to promote. This is not evolution. That is social darwinism.

what kind of despots here are referring in particular to? Do they have the power and wild ambition to shake the authorities?
The world is full of inherited seats of power held by ego and violence. PoS is the tool for them to maintain their regimes because simply holding majority stake wields capital controls unshakably and indefinitely.
290  Bitcoin / Bitcoin Discussion / Re: From POW to POS: is it the evolution or retrogress of cryptography currency? on: July 02, 2015, 03:03:55 PM
PoS is apartheid. You must ask permission to become part of the economy. If the stakeholders are racist, then they will exclude that race from participation. So far that isn't a problem, but it is an excellent tool for despots to promote. This is not evolution. That is social darwinism.

Can you expand on this pls?
With regards to distribution, in PoW all you need to get into the economy is mining equipment and an internet connection. In PoS the only way to acquire currency is from a stakeholder. After distribution, the stakeholders can transact with whom they choose and nobody has any other way to join the system. I realize this is a simplistic perspective, but it is a powerful tool to promote exclusionary policies. For instance, it would be easy for a state to exclude foreign PoS currencies and promote their own. This could be a positive thing depending on your political perspective. It could also be used to segregate social groups by denying them participation. PoW however, cannot exclude anyone that has adequate hashing power.
291  Bitcoin / Bitcoin Discussion / Re: From POW to POS: is it the evolution or retrogress of cryptography currency? on: July 01, 2015, 10:41:58 AM
PoS is apartheid. You must ask permission to become part of the economy. If the stakeholders are racist, then they will exclude that race from participation. So far that isn't a problem, but it is an excellent tool for despots to promote. This is not evolution. That is social darwinism.
292  Bitcoin / Press / Re: [2015-06-30] Wired: Bitcoin-Inspired ‘Enigma’ Lets Computers Mine Encrypted Data on: June 30, 2015, 03:31:14 PM
This seems to be a natural fit for migrating virtual machines and storage.
293  Bitcoin / Bitcoin Discussion / Re: Gregory Maxwell threatens to sell his bitcoins and find other things to work on on: June 30, 2015, 03:26:03 PM

This is why science isn't a democracy. It's why they teach creationism in some science classes and many deny global climate change.
294  Economy / Economics / Re: Grexit on: June 30, 2015, 10:55:27 AM
yeah but the "brexit" will be because the pound >>>EU.

I am so glad the UK never entered with the EU best decision ever. Hopefully the UK/England will leave the EU. The UK can do much much better alone.
So you think TTIP will be any better?
295  Bitcoin / Bitcoin Discussion / Re: From POW to POS: is it the evolution or retrogress of cryptography currency? on: June 30, 2015, 10:52:28 AM
The discussion on this topic is durable, maybe the cryptography currency based on these two design philosophy will come to long-term co-existence, and the dispute between them will keep on going.
Can you show any further development as evidence of the durability of this discussion?
296  Bitcoin / Bitcoin Discussion / Re: Gavin is an Agent on: June 29, 2015, 06:57:44 AM
* Payments cannot be reversed
* Users are anonymous
Advantages.

As I wrote, bitcoiners call them advantages, but for the other 99.9% they are fatal flaws.  A system that does not allow mistakes and crimes to be corrected is a stupid defective system.  Anonymous accounts are much more useful to criminals than to honest people.  The two together prevents enforcement of property rights.

If that were true there would not be cash. Everyone would simply use personal checks and use several forms of biometric ID.
297  Bitcoin / Bitcoin Discussion / Re: 5 Chinese mining pools propose 8MB block size on: June 21, 2015, 10:05:04 PM
well at least they are willing to negotiate.  8MB is fine for now, but im sure some of the venture capital behind bitcoin has other plans
Good point. Bitcoin should not be limited by special interests. It should be unlimited by general greed.
298  Bitcoin / Bitcoin Discussion / Re: How is bitcoin better than litecoin? on: June 21, 2015, 10:00:25 PM
A better question: why is litecoin better than monero?
299  Economy / Service Discussion / Re: OpenBazaar - decentralized eBay on: June 18, 2015, 07:45:04 AM
The whole AI stuff doesn't make sense. It's a fucking marketplace, what is an AI supposed to do there? Buying weapons?
Didn't you see "Eagle Eye" 2008 with Shia LeBoeuf?
300  Bitcoin / Bitcoin Discussion / Re: 5 Chinese mining pools propose 8MB block size on: June 16, 2015, 05:30:10 PM
While China still subsidizes electricity, their miners will enjoy greater hashing power and prefer small blocks to maintain the lead. When China stops subsidizing electricity and subsidizes internet instead, their miners will demand larger blocks to maintain the lead. We're playing right into them.
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