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They could do training classes for advanced topics too
* Paper wallets & cold storage
* Alternate clients
* Your first mining rig
* p2pool
Activities for related software
* GnuPG key signing events
* Internet privacy for dummies
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If it charges by traffic, what happens when someone DDoSes you? Who decides what rate to charge?
IMHO it would be better to keep it simple and rely on the market to handle pricing, and just dump the rent into either block rewards or the void.
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Oh ok I thought you were saying the current system prevented more oil spills than AnCap would, my mistake.
I think your mistake is putting the cart before the horse. Why don't you take a year off from slapping your favorite pet political ideology on everything you see, and just educate yourself? When you come back from your sabbatical, with a fresh and newly primed mind filled with more knowledge than it currently stores, you can reevaluate the notion of your political beliefs. I already DID take time to reevaluate my beliefs and it led me from socialism to here. What makes you think I won't make the same mistakes again? Uneducated empty-minded idealogues like myself reach the wrong conclusions on their own, so I need environmental/political/philosophical experts like you to set me straight. If this activity is below you, my ignore button is to the left of the page. What could it hurt? If you're right, then it wouldn't hurt anyone. If I'm right, then a better world will come an hour later and someone will die because of my failure to act. |
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Really? You're an idiot. The government is giving money to Tesla Motors and others. Sorry, you libertarian clown (and I mean that collectively), as usual, your one line retorts are neither indicative of thought, knowledge or research, but as usual, knee jerk reactions.
[idiot] It's a good thing there isn't a big militaristic government out there that - invades country after country to control the oil supply,
- forces everyone to exchange oil using their currency, and
- protects oil-using polluters from retaliation
... All at taxpayer expense, and by "taxpayer" I mean everyone who trades using their currency, which is quite a few because every country needs at least some oil. [/idiot] I personally don't wish to trade one set of idiots (American War Machine) for another (Libertarians). I personally want intelligence and knowledge coupled with long term thinking. I get neither with the former, and neither with the latter. Oh ok I thought you were saying the current system prevented more oil spills than AnCap would, my mistake.  |
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Really? You're an idiot. The government is giving money to Tesla Motors and others. Sorry, you libertarian clown (and I mean that collectively), as usual, your one line retorts are neither indicative of thought, knowledge or research, but as usual, knee jerk reactions.
[idiot] It's a good thing there isn't a big militaristic government out there that - invades country after country to control the oil supply,
- forces everyone to exchange oil using their currency, and
- protects oil-using polluters from retaliation
... All at taxpayer expense, and by "taxpayer" I mean everyone who trades using their currency, which is quite a few because every country needs at least some oil. [/idiot] |
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Disclaimer: I'm not an AnCap myself and what follows is still science fiction. The OP describes an externality. http://en.wikipedia.org/wiki/ExternalityOil spills are no different, they could be handled with Coasian bargaining. http://en.wikipedia.org/wiki/Coase_TheoremThis requires strong property rights, rational actors, and very low transaction costs. Strong property and low transaction costs are already in the works: for example, Namecoin has strong property rights, and a digital cash server with an open API (like Open Transactions) could be automated for very low transaction costs. Rational actors are beyond science fiction and in the realm of fantasy, but large groups (like oil spill victims) approach rational behavior when viewed collectively. I'm of the opinion that the only reason the world hasn't advanced to anarchy is because we haven't built all the necessary tools yet. But we're close. |
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As PTSeller requested, I sent him back the account details so he can use it himself. I refuse to pay for something of such low quality, sorry if that hurts anyones feelings.
PTSeller, is it true that you accepted the return? If so, did either of you say anything about a refund before you requested it? |
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Even if insurance was optional, most people would probably still want it because they're risk-averse with their health. In a Bitcoin world with no legal barriers, insurance will be only a tiny bit more expensive than saving anyways. IMHO the main reason we aren't seeing this already is because of Bitcoin exchange rate instability and our immature financial infrastructure. Awesome insurance rates might turn out to be the "killer app" for Bitcoin.  |
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This implied dichotomy between "government funds healthcare" and "choose your doctors" is false. Vouchers for private health care would help the poor AND allow the market to encourage good care. Who here can honestly be in favor of denying healthcare to those who can't afford it?
Everyone. Almost every life could be extended with more money, so at some point in any system you will have to deny healthcare to someone who can't afford it. Only our cutoff points differ, between $0 and "freeze everyone who dies". |
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In a local wireless mesh network, bitcoin will keep working as long as just one participant creates a link to the main chain (eg. via satellite internet).
I wonder if a wireless mesh protocol can be designed where bitcoin is used to pay for bandwidth.
Instead of signing up for an ISP, people could buy these wireless boxes that they simply slap on their roof and start earning bitcoins by routing traffic.
This would be especially useful in poorer countries and rural areas.
Yep, this has come up a couple times before and I think people are working on it. Inevitable question: how do they first buy access if they need a connection to spend coins? Most common answers: either the users run a chainless client while the router runs a server, or give them the first X minutes for free. |
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How does one secure an OT server? If I run one on a VPS f.ex. how do I ensure it's not tampered with? And if it does, would it bring down the whole economy running on it, or can redundancy be ensured by having multiple servers (in the future, I know it's not here yet)?
"The vision is not of a central server that you must trust. Rather, the vision is of federated servers you don't have to trust." They will use multisig to protect Bitcoin holdings. |
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No offense to Gavin, but can we scratch him, and people altogether from the notes ?
Lets not make it about anyone...
We should at least avoid living persons, and in particular avoid glorifying our community leaders. What if we did this a while back and had Bruce bills?  |
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From what country/province/state do you intend to operate the site?
IIRC there haven't been any rulings on Bitcoin in particular, but you should probably treat it like fiat money to be safe. So if you can't start a dollar/Euro gambling site where you live, you can't start a Bitcoin one either.
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please note that name ops were rather expensive at the start of namecoin and price dropped slowly over a couple of months. you could see this as a kind of reverse auction. i think the namecoin inventors (vinced and others) put quite some thought into this.
with me it worked, the system prevented me from squatting early on.
That's true, but this "auction" took place only once, and when a small percentage of people had even heard of Namecoin. Now squatting is prevalent. maybe some day there will be another namecoin tld and more people will join the auction.
Perhaps, but how many times and when would we decide to do this? We would have to argue with existing name owners every time the user base increases significantly. |
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The design of auctions is a science in and of itself. If the various goals are clearly articulated, there's no reason some sort of auction protocol couldn't be designed to meet those concerns.
George and Gesell used taxation and central authority because that was the framework within which they worked. They were statists/nationalists, and a product of their times. But their basic concept of land ownership could certainly be applied to a decentralized system with a free market approach.
Indeed. But I don't want to rely too much on the land analogy. Competition for land and the cost of keeping it aren't a problem when the "land" can be forked for free and strong property rights are enforced with crypto. At least the land analogy tells us one thing: underpriced names are fixable if this ever becomes a huge problem. My biggest fear was that I had found a problem and hit a dead end. |
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Freicoin will be more stable for those that actually want to conduct business with the currency and not have to worry about it greatly appreciating (or depreciating) due to external circumstances. But this simply is not true. They will have to worry about it greatly appreciating every time the network expands, just like bitcoin. It's going to take what, 15 years for half of the money supply to recirculate? Yes, freicoin will have price deflation when the network expands. But who exactly need t worry about it? Mainly borrowers, so they won't denominate their loans in neither bitcoin or freicoin, at least until those risks become smaller. I don't expect merchants to price in freicoins neither, at least not soon. But bitcoin seems to be dealing well with that "problem". You can define a stable unit like usd1970, terras, a basket of 30000 different goods and services or whatever you prefer. But you cannot create a cash-money that ensures a stable price. Well, you could do it with a central bank issuing monopoly freigeld. But you can't do it without manipulating the market or redistributing wealth somehow. The only thing a cash-money needs that bitcoin doesn't have is a compulsion to circulate. For the financial problem, I think we will see some innovations too. Decoupling loan contracts from cash-money units and using indexes or virtual baskets instead. That way you may not need to factor the inflation premium into the interest rate. EnCoin is "manipulated" by predetermined rules. Instead of a specific quantity of coins, it has a specific difficulty based on Koomey's law. This introduces trust/coordination problems that are addressed in different ways, but it doesn't introduce money supply manipulation. |
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A perhaps better alternative would be to have namecoin domains leased instead of owned, and come up for renewal somewhere on the order of 6 mo - 2 yr. They could be renewed by auction with the winner committing the highest (or second-highest) sum, or perhaps by some other means.
An outright auction wouldn't be fair to non-squatters who built up the value of their domain. Maybe if current name owners only needed to beat X% of the highest outsider bid, but bidding in general is complicated and could undermine faith in Namecoin. Still, it's a good idea - market-based and objective. EDIT: or maybe have all outsiders bid first, and then provide a grace period for the domain owner to match X% of the winning price and renew. |
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In terms of economic principals though, there's been a lot of work done in this area. Googling "land reform" should get you plenty of perspectives. Georgism or Silvio Gesell's "free land" proposals probably best address your concerns.
I am a Georgist, that's part of the reason I thought about it this way. The big difference is that we don't have a central authority for name value assessment, nor would we want to... inefficiency is preferable IMHO. The land reform proposals I'm familiar with (like land taxes) won't help Namecoin. |
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I gotta get out of here. I've got a bunch of work to do...
ya me too... the more the price goes up the harder it is to work +1 i keep getting distracted too from work lol come on bitcoin, go to 1,000$ a coin so we all dont have to work for a while If it went that high, you can bet your ass I'd keep working my normal job and paying my rent using those taxed USD.  |
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