It's funny how this subject shows real faces of some highly respected individuals on this forum, well maybe they are just afraid to express freely on this matter and that's understandable. Anyways, according to this thread ( https://bitcointalk.org/index.php?topic=108743.0) they have failed the test.
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I'm done arguing about this. It has been discussed way too many times. I'm surprised there are people that still believe in the explosions theory lol. It's been 11 years and there are still people this ignorant.
Quite the opposite actually - it's surprising that after 11 years there are still people buying into "official story". The voting on youtube "debunking" video that you posted supports the point.
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Here, I found it! At 3:45 in the video above it explains everything! "Considering that news agencies around the world were reporting that it was on fire and in danger of collapse, it shouldn't have been a surprise to anyone when World Trade Center 7 collapsed as a result of fire" So it collapsed because the "news agencies" were saying it would. Nice "debunking"! When "news agencies" get to work, laws of physics don't need to apply anymore...
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*holds nose and subscribes* Yay! This is a great idea until someone someday comes up with a decentralized form of law. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Wow there's an idea! could that be done using a blockchain thing - like storing the rules of law in a decentralized way that people all agree is correct? Yep! I believe it will be done eventually. Bitcoin is a perfect tool for direct democracy where people vote for laws with hash-power. But that should happen when majority of the population starts participating. On a technical side, I guess the blockchain would include a hash of "the law", while the actual text will be stored somewhere else. Everybody could verify that the text hashes to the value in blockchain. We would also need some rules on what to do if multiple different hashes get voted in (in different blocks of course). Maybe select the winner based on the last 1000 blocks or something similar. Interesting times ahead ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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At this point it would be hard to make anything official, because frankly nobody knows what bitcoins really are. The only thing that exists in any tangible form is a distributed database with transactions which represent transfer of ownership of bitcoins, but it doesn't specify what they are and where they are stored.
There is simply a cryptographically signed record that says "address A now owns X", technically it doesn't even mention bitcoins at all so we can call them whatever we want and interpret them however we see fit.
EDIT: I guess that Finnish Central Bank representative's statement was simply an acknowledgement of the fact that there is nothing in the current laws that would prohibit individuals to have private keys and have the ability to send and receive specifically formatted messages signed with those keys and eventually stored in a public database. That's the gist of Bitcoin. Any legislation aiming to prohibit that would need to deny any individual the ability to have privacy and keep secrets. That won't go easy.
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It's easy to judge the old man when the outcome is already known. While choosing his defense tactics he certainly didn't know whether he would survive the attack or not, nobody would know that. He chose the one he thought would give him a better chance and he won. So yes, there is something to celebrate here - the elderly home owner came out alive and the intruder is dead.
Now if you live in the society where violent crimes and home intrusions are unheard of then, yes, using deadly weapon wouldn't be the first thing you do, you probably wouldn't have a weapon in the first place. But unfortunately we are not there yet, especially taking into account that the intrusion in question wasn't the first one, the old man's actions are justified.
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Bitcoin won't go away because of Pirate, but it can't prevent other systems from cropping up. If majority of people consider that one person having 2.5% of coins in possession in one system is a negative thing then that system will get less weight within the set of similar systems where the distribution of coins is more fair. Eventually the value of that particular coin will reflect that and the natural balance will be established.
Thats a good point. I feel no motivation to keep promoting bitcoin now that some of its richest people are scammers and thieving parasites. The major problem is that most people are simply unaware of the new systems that are coming. People using the old system don't necessarily like it, but they simply don't know what else they can do. Bitcoin in that regard represents the idea of the new system, even though this particular implementation might not be the final solution. Once they get the idea, they'll be able to choose and decide which one of the new systems suits them best.
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Scammers will destroy bitcoin before the establishment even notice it exists.
Scammers will educate people that the new system is unlike the old one and the rules are quite a bit different. That education process is now ongoing, and no, it won't destroy Bitcoin ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) If anything, the educated ones will move to Litecoin and won't repeat their mistakes again. This process might need a few more iterations, but we will get there eventually. Im not interested in funding scammers any longer. If you use bitcoin thats basically what you are doing. Pirate has 500 000 btc Im not interested in making him the new Rockefeller. Bitcoin won't go away because of Pirate, but it can't prevent other systems from cropping up. If majority of people consider that one person having 2.5% of coins in possession in one system is a negative thing then that system will get less weight within the set of similar systems where the distribution of coins is more fair. Eventually the value of that particular coin will reflect that and the natural balance will be established.
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Scammers will destroy bitcoin before the establishment even notice it exists.
Scammers will educate people that the new system is unlike the old one and the rules are quite a bit different. That education process is now ongoing, and no, it won't destroy Bitcoin ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) If anything, the educated ones will move to Litecoin and won't repeat their mistakes again. This process might need a few more iterations, but we will get there eventually.
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And I have nothing against unprofessionalism and pranksterism... it just depends on what you want to accomplish. Agitate and provoke the establishment etc., or run a respectable business catering to the average person within the established order.
It seems one may need to choose one or the other.
"Established order" prints fake money to fund wars across the globe to further extend its fake financial hegemony. Bitcoin was not created to peacefully co-exist with established order, it was designed to take it down and IT WILL. If you are in it for a small day-to-day profit it's fine, but it's not what Bitcoin is about, you might want to re-read what Satoshi wrote in the genesis block to get the idea.
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The structure of society will eventually reflect the collective consciousness of the people participating in it. As more and more people shift towards non-aggression, aggressors will have a hard time surviving in that environment at least economically if not physically. Use of force as self-defense is not considered an aggression.
Again one cannot impose one particular system on people over another - it's always a reflection. One can think that the current system is imposed on us against our will, but as long as majority of people allows it to happen that's what we'll have. You cannot force people to follow NAP if they like to express themselves violently or tolerate aggression to others.
On a positive note, what we're seeing now is a shift in consciousness towards non-violence. The wars fought by governments are largely disapproved by population, so the old system is running on a borrowed time and is destined to collapse giving way to the new one. What that will be - we will see in time.
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Since most of the code was inherited from Bitcoin in the latest release I have a few questions to coblee: 1) Does Litecoin's multisig address also start with '3' making it indistinguishable from Bitcoin? 2) What was the date chosen for BIP16/BIP30 switchover? 3) Was the alert master key changed from Bitcoin and who has control of that for Litecoin? EDIT (while I still remember): 4) How URIs are handled? Does the client hook up to launch on Bitcoin URI address or was that changed to Litecoin?
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I'm with Bitinstant on this one. That's the spirit of Bitcoin - we are building a disruptive technology which will take over the world. We aim at no less, so why be so shy about it? Winners will write the history.
We can be disruptive without breaking any laws in the process.... I'm not familiar with US laws regarding that, but how is it illegal ? I understand that blackmail and ransoming is, but I don't think paying is. Neither is facilitating payment. Anyway the decision is on the one paying the ransom, it's not like Erik said that Romney should pay. If Romney becomes president he will have Obamas power to declare US citizens terrorists allowing him to kill people without any oversight. Not sure id want to poke the bear lol Yeah, US has nice "laws" these days...
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Some people don't understand that you can't build the system which will challenge the status quo and ask status quo's permission to do that at the same time ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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I'm with Bitinstant on this one. That's the spirit of Bitcoin - we are building a disruptive technology which will take over the world. We aim at no less, so why be so shy about it? Winners will write the history.
We can be disruptive without breaking any laws in the process.... Bitinstant didn't break the law. We will write the laws too ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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I'm with Bitinstant on this one. That's the spirit of Bitcoin - we are building a disruptive technology which will take over the world. We aim at no less, so why be so shy about it? Winners will write the history.
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Bitcoin's horoscope for Monday August 20, 2012 ... In another month or two we get to the point when Saturn, the ruler of Capricorn & hence Bitcoin moves in to a new zodiac sign & that begins the start of a different era for Bitcoins, which means that right now we are edging towards the end of an era and it's often the case that just when things are about to change they become at their most intense, the contrast gets cranked right up.
In November Bitcoin's ruler Saturn moves into a new position, triggering a series of events which encourage a review of restrictions you’d once accepted.
Alternatively to a supposed positive resolution on Bitcoin's legal status, this could mean a removal of 1Mb per block restriction currently in place. Or the 21 Million BTC limit!</scarcasm> Haha, it could be... but if people suddenly want more coins than the original protocol implies, why not use Litecoin! There are still plenty of coins available for mining (about 7/8 of the total) and adoption-wise it will take just one major merchant processor (like Bit-Pay) to take it on board to make all the difference. </offtopic> Anyways, November seems like an interesting time for Bitcoin ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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That said... stay tuned, and I'll say more when I can.
oh my god we just figured out the announcement!
A government is funding bitcoin development! ITS CANADA!!!! The US has a secret government run by the CIA ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Plus they have a venture capital firm for it. Now that they've acquired a good portion of Bitcoin economy (Pirate was a CIA agent) they can announce support for it => profit! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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You'd think a government would announce something like that. And any change in the law would require an act of congress or the supreme court...I doubt Uncle Sam is ever going to be happy about Bitcoin unless they can control it. Will we see a fork for UncleSamCoins? I doubt that too. Is Uncle Sam gonna allow banks to hold Bitcoin as currency for meeting reserve requirements? I doubt it.
But now I really am curious...
... I assume it'd just be "Bitcoins are seen as X" and from then on Bitcoins would have the existing laws of X It would be great I'm not sure that recognizing bitcoins as X is such a great idea. One of the strong points of Bitcoin is that bitcoins themselves don't actually exist! All that does exist is a transaction record (cryptographically signed message) that says address A now owns Y bitcoins, but it doesn't say what they are or where they are stored. That's why it was deemed hard to put Bitcoin into any existing legal framework and thus put pressure on it. It would be interesting to see how bitcoins are defined from legal point of view.
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