Hey Walter, what are your thoughts on all these anarcho-X titles? Do you feel it complicates the theory?
My feeling is that most of those labels have a little bit of additional information to contribute. Anarcho-capitalist is a very good title, IMO, as long as you don't think capitalism means business cooperating with government. The other names help elucidate exactly what anarchy means, how it would work, or why the particular anarchist came to his convictions. Of course a couple labels clue me in to the fact that the "anarchist" speaking to me isn't an anarchist at all and just wants some other form of control. I'm all into voluntaryism and absolutely not about coerced communism/socialism. The social order that emerges from pure voluntary cooperation is beautiful and productive - and it certainly includes a lot of pooled resources and people casting their fate together in various ways and partnerships. But when people talk about stripping the government down and replacing it with all sorts of social controls, I know that really what they mean is, they just want to be in charge. At some point I read an article by Murray Rothbard talking about the libertarian tendency to see common ground with various groups and how to evaluate whether you really have common ground or not. His basic conclusion was that anyone who would "push the button" is a true ally. I'm pretty sure this was the article: http://archive.lewrockwell.com/rothbard/rothbard75.htmlThere runs through For a New Liberty (and most of the rest of my work as well) a deep and pervasive hatred of the State and all of its works, based on the conviction that the State is the enemy of mankind. In contrast, it is evident that David does not hate the State at all; that he has merely arrived at the conviction that anarchism and competing private police forces are a better social and economic system than any other alternative. Or, more fully, that anarchism would be better than laissez-faire which in turn is better than the current system. Amidst the entire spectrum of political alternatives, David Friedman has decided that anarcho-capitalism is superior. But superior to an existing political structure which is pretty good too. In short, there is no sign that David Friedman in any sense hates the existing American State or the State per se, hates it deep in his belly as a predatory gang of robbers, enslavers, and murderers. No, there is simply the cool conviction that anarchism would be the best of all possible worlds, but that our current set-up is pretty far up with it in desirability. For there is no sense in Friedman that the State – any State – is a predatory gang of criminals. There is not a single abolitionist who would not grab a feasible method, or a gradual gain, if it came his way. The difference is that the abolitionist always holds high the banner of his ultimate goal, never hides his basic principles, and wishes to get to his goal as fast as humanly possible. Hence, while the abolitionist will accept a gradual step in the right direction if that is all that he can achieve, he always accepts it grudgingly, as merely a first step toward a goal which he always keeps blazingly clear. The abolitionist is a "button pusher" who would blister his thumb pushing a button that would abolish the State immediately, if such a button existed. But the abolitionist also knows that alas, such a button does not exist, and that he will take a bit of the loaf if necessary – while always preferring the whole loaf if he can achieve it. I would push the button, in a heartbeat! And I hope that cryptocurrency is that button, or a means to finding it. That is why even though my Bitcoin holdings are meager, I get so happy when the price goes up - it's a measure of the adoption of something that may be the button. I think the push the button reference exists in some of Rothbard's other writings as well.
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While I'm not a fan of Ripple, and I was all for the 'free market' letting things sort themselves out, I start to get the feeling that Ripple really is a threat to Bitcoin. Not because it offers any true superior functionality, but they seem to have a very cohesive message that now in the context of appearing before the government seems to BE dangerous. Ripple seems to want to woo the government into a virtual currency that can be controlled and centralised. It also seems like team Ripple seems to think that maybe the government can be tricked into fighting their battle with bitcoin for them. It isn't the free market when you petition the government to regulate your competitors. It's the exact opposite. In a real free market the Bitcoin Foundation, the U.S. Senate, etc., are all nothing but clubs or professional bodies - some would hold influence, to be sure, but none would hold the actual power to destroy that the government holds.
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Theory: Someone with lotsa bitcoins wants to see sustained strong growth rather than short-term wild swings and has decided to push the price back down to $500. Their purpose could be to increase the probability of eventual adoption.
It isn't a smart way of doing it. Looks like it spooked the market. Won't matter in the long term.
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How does the micra interface with the PC or other controller? I'm assuming it's not USB.
Am I reading correctly that the micra hashes at 23.4 Terahashes per second?
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Cool, I see I can delete, but not edit...
Nope, you can't edit someone else's post. That would result in fun posts That game would lend itself to certain abuses....
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I had prepared to send him the BTC, but my wallet checks every single transaction manually, so it could takes a few hours until he would had received them. That doesn't make any sense!
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Just wait till the next real crash. Everybody will be talking differently. At least for a while. I dunno, there's only one previous crash and it was hardly that bad considering how much the price increased Did you mean the crash in 2011 or the crash in 2013?
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IMO, account selling is somewhat analogous to selling a business.
Except that there's no way to tell if the transaction of that business happened, or if it's still the same person... It could happen without anyone knowing. Right, exactly the way selling a business works. An untrustworthy person can become well trusted for the wrong reason. It just opens up whole new ways to pull of big scams. Suggestion: don't trust people for wrong reasons.
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Bitminter pays minimum fees on auto cash out transactions. This has usually worked well, but right now there appears to be a big boom in bitcoin usage.
The number of unconfirmed transactions is very high and growing rapidly. I've changed our settings to make bigger blocks and include more free and minimum fee transactions. Hopefully that will help somewhat, but I think we need other pools to do the same. Maybe you could set a higher payout threshold where if you get your payouts at that threshold, a fee is paid? Looking at some of those hung transactions, there are some fairly hefty payouts waiting a long time. I seem to have been extremely lucky that my meager payouts happen to have gone into bulky blocks that had a fee paid. Or perhaps you could let people click a flag that they are optionally willing to contribute to a fee - then when payouts are made, fees are distributed evenly among those who clicked the fee checkbox. This would probably result in some free riders, but it would at least give people some chance to influence the payout to confirm quicker.
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This is the best mining client and pool i have used. No configuring, just mine away. I have a request: Add litecoin mining support Better yet, let somebody franchise the Bitminter name and possibly software. Bring in some pool/DrHaribo income, yet not throw a huge learning burden onto the good doctor.
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Cool, I see I can delete, but not edit...
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Finally, a thread about one of my favorite Bitcoiners Thanks Mike - I like you, too! Guess that thread title makes me look pretty pompous. I was thinking I might turn this into something like a personal wiki page, extended profile, extended signature, something like that.
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When I view a profile and look at the post count - does that count subtract posts made on forums I ignore?
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IMO, account selling is somewhat analogous to selling a business.
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meaning i do not want U.S government thinking they own everything bitcoin related. only the businesses registered in their juristiction Kind of scary that the government can claim to own businesses. We are nothing but serfs.
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That seems to be an extremely small transaction (599 bytes), at least compared to the payout transaction I was looking at. That could explain why there is no fee. I'll be interested to see if DrHaribo can confirm that is a Bitminter payout transaction or not - maybe bitminter needs to add fees even to small transactions to get them prioritized.
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What I primarily have a problem with is their valuation; there`s no reason they should be this expensive, to the point where people should be considering buying partial coins because a full coin is too much. If you believe this, you should probably be looking for a way to short bitcoin.
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True but who wants 0.01 of a btc? haha I do! I work hard for every Bitcent I earn.
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