http://www.betabeat.com/2012/02/13/banking-partners-force-paxum-to-drop-bitcoin-due-to-potential-risk/Although Bitcoin is not illegal, Paxum’s partners consider the cryptocurrency “high risk,” Paxum explained. “We simply must cease all business with Bitcoin based on our banking partners/Mastercard etc. We don’t have a choice in the matter I’m afraid,” Ruth Blair, a representative for Paxum, told Betabeat via Skype.
“The main fears had to do with the fact that it’s a decentralized currency and as such there isn’t much control over it,” Paxum said in a statement to Betabeat. “In the end, it is converted to a legal tender (generally USD), but it is unclear to them how this currency is supported and who pours actual money into it, and more importantly, why.” sometimes i don't understand that either
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official statement? on a forum called "GoFuckYourself"? that's hilarious is paxum so deeply rooted in the adult scene? or is this a secret message? (wonder whom they address in that case then )
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aaaah you Americans. The inspiration is undoubtedly Worms. Another step for Bitcoin then, thanks!
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both private string key;
public string blockchain;
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- If it is not open source, why would anyone trust it?
sheeple (but Apple's iCoin does look nifty, doesn't it? it's so well designed! a real eye-catcher!)
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sheeple don't care if a currency is decentralized
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But it will probably be done later this year, because this is the year Bitcoin breaks out.
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If anarchy, then you can't have formal, central property laws. But this may work out for a libertarian society anyway. The more property you have, the more expensive will it be to protect it. In a primitive society, you'd have to have hire soldiers to do so. Once human kind has learnt to be more civilized, there'd be insurances. The more property, the higher the rates. So this might even be a self-regulating process that helps against the rich becoming too rich. Thieves do finally serve a good purpose after all.
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war der kollege auch mal auf 'nem treffen?
am samstag is ja anscheinend mal wieder ne acta-demo in muc, is da jemand anwesend von euch?
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y u no diaspora lots of #bitcoin there too
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frankly, Libertarian utopia is much closer to Brave New World than an RBE. As far as I remember, Brave New World is all about being a consumption slave, keeping the economy going, and numbing one's senses with that Soma drug. Zeitgeist utopia rather reminds me of an Equilibrium scenario if it goes wrong (and it probably will).
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Maybe in 200 years from now, people will be vegetarian and will argue the free market didn't/couldn't liberate animals back then.
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jo war ja alles ein wenig chaotisch diesmal, nächstes mal bin ich aber wieder dabei denk ich mal bin zwar ja kein so'n hardware-freak, aber bin trotzdem gespannt auf die präsentation
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I am contributing to different open source projects, but so far I've never seen any community slashing down on active members like it is done here.
Bitcoin is money. Money corrupts.
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yap was a bit disappointed by that then too, i posted too eagerly
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Author Interview: Paul Rosenberg on A Lodging of Wayfaring MenThis Part 1 of an interview with Paul Rosenberg, author of " A Lodging of Wayfaring Men". Instantly named Freedom Book of The Month and a major influence in the Cyber-underground, A Lodging of Wayfaring Men is the story of freedom-seekers who create an alternative society on the Internet - a virtual society, with no possibility of oversight or control. It grows so fast that governments and "leaders" are terrified, and fight to co-opt this cyber-society before it undermines the power of the governing elite.
In this interview Paul talks about his intellectual development, his influences and the background to writing the book. He discusses the parallels between the novel and recent developments in crypto-currency, such as Bitcoin. He shares his thoughts on the current state of the internet, prospects for liberty and the potential for developing communities of people with shared values. Podcast Episode
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