If I can't use it to buy half-priced milk at the corner store because the store owner doesn't have power to run his refrigeration units (or his register to process credit card transactions) than it's not "cashlike".
Good luck preventing him from double spending. If all shops accept offline transactions, he walks from door to door spending the same coins over and over again restoring his backup in between. I doubt BTC will be any useful offline. The risk of a double spend isn't always of greatest concern. It would still be quite technically difficult to double spend even in this situation, kinda stupid to risk it for half priced milk. |
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...snip...
Arbitrator or judge being involved is litigation. If you are reffering to breaking laws, without a central government there wouldn't be any laws to break, and protection of property by private security would be a separate issue
Arbitration means no litigation. Property, domestic violence, divorce, child care, contract, probate, the list of things that laws need to address is long. My point is that if there is a free market in courts with each court able to make its own rules, there will end up being only 1 court as the rest get eliminated dispute by dispute. And when that one is left,it will have all the powers of a government. Not necessarily all the powers of a government, as this was not the case for British common law, which was developed as case law over generations without much interaction or support from the British crown. ...snip... Actually the common law only existed in the Royal courts. The Crown/State was and remains actively involved. Bitcoin pools can co-exist. Competing systems of law cannot - one will end up being the supreme law. Actually, your history is bullshit. British common law was not developed by the crown nor the courts established by the crown. The crown didn't give it any credence at all up almost until the Magna Carta, which itself was law developed against the will of the crown. And there is plenty of existing examples of competing systems of law that coexist. One such example is the International Business Court, which had (has?) zero government backing. |
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..snip...
Are the high quality film versions on the net? I think it was mentioned that the only reason they pay is to get the film versions instead of the grainy DVD screener versions, and if they ever showed or gave away a movie without permission, they would lose the contract and never be able to show good quality movies again.
Yes. And you know it...why even ask? I download and torrent stuff often, and I've never seen them. Actually, I don't even know what video format theater movies are in... Can you point me to where those high quality movies are available? If you are serious, Google it. We've been over this before...not sure why you want to repeat something that has already been settled. You say something, assume it's so, and then believe it's settled? What is wrong with you? None of us agree with your assessment. You have changed no one's mind, neither have we. That's a far cry from 'settled'. |
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Can compression be used on the blocks when transferring?
Yes, but the gain would be small.
Could they be included in the software packages?
Could they be provided online for fast server downloads?
Yes to both, but then it becomes a trust issue. At least on some level. |
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I may not understand what's under discussion here, but if we're talking about new users and lightweight clients, what's wrong with downloading only the headers (which should take less than 5 minutes), and then only download the parts of the blockchain that have timestamps after the creation date of each key in the wallet?
Nothing at all. This is actually on of the 'lightweight' client models that have been proposed. |
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The revolution will be medicated.
Mmmmm... Soma.... You're a fan? That stuff leaves me hung over and groggy for days. Then you're doing it wrong. You're supposed to keep using it, so that you're just groggy, not hung over. |
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...snip...
Arbitrator or judge being involved is litigation. If you are reffering to breaking laws, without a central government there wouldn't be any laws to break, and protection of property by private security would be a separate issue
Arbitration means no litigation. Property, domestic violence, divorce, child care, contract, probate, the list of things that laws need to address is long. My point is that if there is a free market in courts with each court able to make its own rules, there will end up being only 1 court as the rest get eliminated dispute by dispute. And when that one is left,it will have all the powers of a government. Not necessarily all the powers of a government, as this was not the case for British common law, which was developed as case law over generations without much interaction or support from the British crown. However, I do see your point. You assume that any consolidation of judicial (or perhaps otherwise) power will eventually become indistingishable from a deliberate government structure, so we might as well keep the devil we know, right? This is a rational point, but not necessarily a correct one. The ongoing consolidation of such powers assumes that the public does nothing to contradict it, for which we have a real example of a society that actively avoids majority concentrations of power despite the very real advantages to consolidation of power. Namely the Bitcoin pools, which are not permitted to exceed (or even dramaticly approach) a 50% total network hashrate. Users don't attack the pools to prevent it (well, most don't) they either switch pools or drop into solo mining to prevent individual pools from hitting that mark. |
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So they buy a bitcoin with a note of credit, really what they are buying is a new currency (your note of credit) with a small token bitcoin tagged on. This kinda removes the whole point of bitcoin being decentralised why not use usd as the holder of your notes cant tell if you are buying off the market and issuing more credit notes for profit.
The new exchange would add massive counterparty risk in my opinion which is the major incentive for using bitcoin.
Essentially you are correct, but this would all happen automatically under the hood of the merchant API. The end user need not understand that they are buying a promissory note, or transferring it along with their bitcoin via the API. All they need to have is an account with the exchange and some fiat funds. I get that there is counterparty risk involved, but by making the system transparent and posting realtime statistics, trust could be slowly established. There could not be more guarantee-credits available than there is fiat funds to back them up. Merchants would cash them in immediately. They do not need to exist for very long. As long as both the reserve total and total guarantee credits issued is published in realtime, this will help negate the risk. You guys do understand that there is no bitcoin 'token' to transfer, don't you? |
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What's the story with all you guys offering btc here for that app, was that all hot air and you are now sitting back home smiling because you got the app for free?
No offense to yourself, nor to Andreas; but his app never met my own bounty requirements. I've conversed with him about this in the past via email, and have received some interest in finishing those requirements; but apparently mine are too few to be of significant interest. Could you be more precise about your requirements?? I have been in the past on this very topic thread, but much deeper. Basicly everything has been implimented except for off network transactions, and direct (ad hoc wifi) or semi-direct (two android phones using an open wifi access point as a bridge) client connections to both trade transaction data and blocks. The later could be accomplished by utilizing broadcast/multicast features of wifi & a "piratebox" as the bridge ( http://wiki.daviddarts.com/PirateBox) and Andreas has created another program for networking android devices into a complex screen that uses multicast to coordinate, so I know it's within his abilities to do so. I just think that he doesn't consider off-network ad-hoc transactions to be a worthwhile goal. I wan't to be able to use my phone wallet, for in person transactions, even during a power/network outage. (or beyond wireless service range, camping perhaps?) Otherwise a remote control app for my home bitcoind is just as powerful. If I can't use it to buy half-priced milk at the corner store because the store owner doesn't have power to run his refrigeration units (or his register to process credit card transactions) than it's not "cashlike". |
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The revolution will be medicated.
Mmmmm... Soma.... |
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1) Second life is a game, and cannot have the kind of real incentives to have any real meaning to political philosphophies.
If by incentives you mean money, No I don't. Monetary incentives are the easy part. |
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1) Second life is a game, and cannot have the kind of real incentives to have any real meaning to political philosphophies.
2) Secon life is, from what I understand, already almost an anarchy.
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Verizon has FIOS, but my home is about 2 miles out of their range, Beam antenna on the roof? If you have a line of sight, a decent yagi antenna mounted on a roof antenna mount (the kind Radio Shack sells for tv antennas) and a couple hours of work on a Saturday and you can have Verizon's 4G/WiMax data rates, which although not cheap, would offer a fine alternative path for a multi-homed setup. Won't be attractive, though. Wife might object. |
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To what are you referring?
Oh, sorry. I was looking at the post above yours, which might be the post behind yours for yourself because I have the forum set to read in reverse. |
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Bitcoins are only useful for illegal activities...
...
Why would it be useless for legal stuff? Yes, why? I use it for legal purchases and find it far superior to credit cards, paypal, etc. Same here. I've used it for many legal purchases. The hard part about bitcoin commerce is getting the bitcoins in the first place. Everything else is easy. I would guess that SR is constantly monitored by law enforcement. One day they are going to put all the data together and start rounding up customers.
I don't doubt the former, but I do doubt the latter. Certainly users and vendors will occasionally screw up and break their autonomy, but users have to be fairly tech and privacy savvy just to get onto Silk Road. These guys are certainly not the "low hanging fruit" of the illicit drug trade. Most of them would be as hard to prosecute as to locate. How often do you hear of some rich, educated kid getting busted with drugs? It's not like they don't buy it, they just deal with a smarter class of criminal. |
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Atlas is a hilarious sociopath. You're just a regular one. Apparently, your definition of a "sociopath" is someone that wants all human interactions to be voluntary and believes that violence is only justified in defense of person or property. I guess we have very different definitions. No, my definition of sociopath is someone who pretends he believes simplistic bullshit like that because running around saying "greed is good, I promise!" makes people realize just how shitty you are. Simplistic? You don't understand libertarian principles. They are simple only taken out of context, taken together they are incrediblely complex. Which is often why I find that many people cannot wrap their heads around them. I've never met an uneducated lib. Ever. I've met plenty of Dems and Repubs that are only so because they were raised that way. I also don't think I've ever met a lib that was raised as a lib, either; so I guess that could mean many things. |
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What's the story with all you guys offering btc here for that app, was that all hot air and you are now sitting back home smiling because you got the app for free?
No offense to yourself, nor to Andreas; but his app never met my own bounty requirements. I've conversed with him about this in the past via email, and have received some interest in finishing those requirements; but apparently mine are too few to be of significant interest. |
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All this talk about unanswered posts are BS. I've personally answered half of them, and my responses have gone ignored. I shall now ask a simple question, for at least the fourth time in this topic alone... Does Nina Paley have the right to earn a living off of her magnum opus, Sita Sings the Blues? Does she have the right to ask for any sum of money in exchange for this work? http://blog.ninapaley.com/http://sitasingstheblues.com/ |
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If you've got arguments that address the issues highlighted in this post, please use them. Otherwise, Wait, what? That was a serious post? Do you have issues with the multiple meanings of English words? |
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