I have never understood why people think it is such a taboo to talk about ones net worth or salary.
People might kill and/or rob you for your money if times are bad and you are not popular. So it makes sense to be quiet about what you have at times.
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Well most of that sounds like more nonsensical words made up by economists.
But I guess the worker division called "bankers" will disappear..
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web 1.0 = passive web 2.0 = active web 3.0 = payments???
I don't think web 3.0 is a good word to be used with bitcoin, it really makes no sense.
How about: web 1.0 = passive web 2.0 = active web 3.0 = P2P/decentralized/torrents/crypto currency/anonymity
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I used to hold shift and click the shortcut.
I have also tried -g, -g gtk, -gtk, /gui when running it. Does nothing.
What should I do? (Most unhelpful wiki ever "type $ ./electrum -g gtk".. lol type it where?)
(Why isn't there a button in the client to switch to the console view or 2 shortcuts?)
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Actually, there may be a very easy way for a central bank to destroy Bitcoin. Just back their money 100% with precious metals.
Indeed if all the worlds central banks actually started to do their jobs; keeping prices rock steady with no inflation or deflation and made transactions free and private and stopped seizing bank funds - the appeal of Bitcoin would lessen. Add some exchange crack downs, attack-mining and repeated hacking attacks against all Bitcoin users and they might do very well. As for manipulation I would buy 100 billion $ of BTC and then just sell slowly "forever" in such a way that anyone who held Bitcoins would always loose money over time for years and years. I would make a few millionaires sure but from then on drive most away. However their system is fundamentally broken, they rely on printing money to line their pockets and keep their friends happy. It's a card house of excess and decadence waiting to fall. It's a system of plunder with corporations paying politicians for parts of the pie. Well such a pie quickly shrinks and Bitcoin is the spark.
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I'm as strong a Bitcoin enthusiast as any here and I hold a nice portion of BTC.
I agree that a conventional pension in pretty much any country is a loosing bet.
However if I was 55-70 at this point I would not put all my money in BTC. Maybe 10-50% then spread the rest between physical silver, gold and maybe some investments/stocks I knew really really well.
I'm 23 I can rebuild, but if you're 60 maybe show a little caution.
Of cause if your pension is only 7000$ you are kinda screwed whatever you do with it so, that amount you might as well dump 100% in BTC...
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People in the past are always so stupid
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Hello I was wondering if there was a really simply open source program for generating addr./key pairs.
Preferably in C# using standard MS crypto-libraries.
I want to be able to step through it and be 100% sure there is no trickery. Its fine if the input/output is nothing but a C# console app with no options.
(The bitcoinaddress.org is JS and too long to confirm for me.)
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Can I just ask.. is this stealing?
I mean people there avoid taxes all the time, but still depend on their government in some ways. The stupidity of it aside isnt this just a tax, without anything morally wrong with it?
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Use Satoshi's with the familiar "computer" prefixes Kilo (K), Mega (M), Giga (G) etc.
I agree. milli BTC is also messy because micro also has first letter m and then you have use the weird u thing. 1 BTC = 100.000KS/100MS/0.1GS Right now one apple/can of cola should be 0.5-2MS, nice and simple.
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It is not a good deal because:
1) Real Estate prices in terms of CAD in most Canadian cities are well overdue for a substantial decline. 2) The price of BTC in terms of CAD is likely to go up.
I know right, I keep telling my wife we should live in a tent with our baby and save money for Bitcoins.. she keeps yapping about how its "cold in the winter" and "you're crazy".
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Thank you for what you have done.
Thanks at least partially to you I believe mankind will be helped greatly in the coming years as corruption world wide is curbed by Bitcoin.
Bitcoin has advanced my own ideas and business perhaps a decade. I am much indebted.
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Any increased activity from Cyprus?
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Anyone can make laws, here is one: "§1 C. All Bitcoin users are required to send one tenth of their transmissions to Realpra." It even has fancy numbering! If you don't, I can and will do.. the same as FinCEN, NOTHING.
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I suppose the question comes down to: 1. Can a shortage of a good occur because a large group of people irrationally decide to stop trading away that good? 2. Can that good be money?
If not, to either of those questions, why not?
Tulips in Holland once rose to crazy heights as a speculative good - of course the bubble crashed because it was effing tulips. Keynesian economics would explain that as a deflationary spiral and Austrian economics as simply a stupid investment of time and energy. Such a thing as "deflationary spiral crisis" does not exist. It makes no sense. So: 1. No, a lasting shortage sustained only by hoarding can NOT happen. 2. No, if the shortage comes from speculation purely it will not last and it is not good money.
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Did any of you guys remember my "swarm client" idea? It would move Bitcoin from being O(n*m) to O(n) and the network would share the load of storage and processing both.
Searching the forum for "swarm client" begets nothing. Link? https://bitcointalk.org/index.php?topic=87763.0(Second search link ) I read your proposal, and could find no details about how a swarm client could actually divide up the task of verification of blocks. That or I simply didn't understand it. The details are a little hairy, but it is actually very simple: It is difficult to validate, BUT easy to show a flaw in a block. To show a block is invalid just one S-client needs to share with the rest of the network that it has a double spend. This accusation can be proved by sending along the transaction history for the address in question. This history cannot be faked due to the nature of the blocks tree-data-structure. Even if the S-clients keep a full history of each address they watch and exchange this in cases of accusations the computer power saved should still be substantial despite many addresses being tangled together. There was also talk of combining this with a 5-10 year ledger system which would put a cap on the running blockchain size.
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So... I start from "more transactions == more success"
I strongly feel that we shouldn't aim for Bitcoin topping out as a "high power money" system that can process only 7 transactions per second.
Hey, I want a pony too. But Bitcoin is an O(n) system, and we have no choice but to limit n. Actually O(n*m) where m is the number of full clients Did any of you guys remember my "swarm client" idea? It would move Bitcoin from being O(n*m) to O(n) and the network would share the load of storage and processing both. No one ever found flaws in it and those who bothered to read it generally thought it was pretty neat. Just saying. + it requires no hard fork and can coexist with current clients. This would also kill the malice driven incentive for miners to drive out other miners as it would no longer work (only bother the WHOLE network).
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Maybe we will hit lower thirties, but I think this rise is done. I think it will bounce up and down between 20 and 30 for maybe 4 months now.
Mega BTC resellers is big news, but things will take time. 27$/BTC should factor in most recent events so we may stay there a while.
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She used to not understand text messaging on her cell phone (she called it a "tex mex"). Now she is on her iPhone almost constantly.
I approve. I don't get why everyone is so offended on behalf of your mother. I gave some 2.15 btc as a small present almost a year ago and now the first has come asking how to cash out again
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Food prices are also going up due to climate change and 7 billion people all wanting to have steaks.
Not saying the dollar is good, but you need to average over a few different types of goods.
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