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3701  Economy / Marketplace / Re: JACKPOT DICE on: January 29, 2011, 12:40:45 AM
LOL I at least got a confirmation. Cheesy

Also, I won and bet 5/6 the returns I got. That should be enough to always end up winning the house. Wink

Have you not told me that when you gambled, you lost some money?
3702  Economy / Marketplace / Re: Looking for Jobs on: January 28, 2011, 08:38:53 PM
If you have contacted me via PM for work, I have already replied to your request. Please reply promptly.
3703  Bitcoin / Bitcoin Discussion / Re: Tragedy Of The Commons on: January 28, 2011, 05:47:49 PM
I am new to BitCoin, and I haven't looked through it all yet. I just had this thought: isn't the race for more computing power kind of a tragedy of the commons? If we could all agree to only use low volatage CPUs, nobody would have to buy expensive Quad-GPU mining rigs.

The power consumption is the one thing I don't like about BitCoin...

Miners will find more efficient means to use electricity as a way to minimize cost.
3704  Economy / Economics / Re: Bitcoin Austrian Economic Study Group on: January 28, 2011, 03:13:43 PM
How about something shorter, such as What Has Government Done to Our Money? I've already read it but would read it again. It's available in html or PDF form on Mises.org.

I think that's a bit over the basic.
3705  Other / Off-topic / Re: You reap what you sow on: January 28, 2011, 02:39:22 PM
We have not even saturated the whole libertarian movement with bitcoin. Surely, we can do better than this.
3706  Other / Off-topic / Re: Facebook to take on PayPal, rule micro-payments? on: January 28, 2011, 02:37:41 PM
Remember, all walled garden are bounded to die! Facebook currency will be worthless while bitcoin will spans the global economy!
3707  Economy / Economics / Re: Bitcoin Austrian Economic Study Group on: January 28, 2011, 02:29:23 PM
I'm sure that's true, but considering that libertarianism isn't part of the thread topic, you still don't know what you are talking about.  Hell, you don't even know what you should be talking about.

Education of Austrian Economic. Yes, we should return to that topic.

It seem that the study group is not taking off because I choose a particularly heavy book. This does not bodes well for the economic literacy of market anarchists.

IF there is one civic duty in an anarchist society, it's the study of economic. With economic, we can make the decision to be on the side of civilization.
3708  Economy / Economics / Re: Bitcoin Austrian Economic Study Group on: January 28, 2011, 02:12:44 PM

I have asked for an outline of how private tyranny can be suppressed without a state. I quoted a website, which was presented as an authoritative source, and pointed out that the author's response to my question is lacking and why.



If you mean Executive Outcome, could you explain their activities in depth? They worked for governments and multinational, which is a negative in my book but I don't know what they actually did in the services of these governments and multinational.

Since, Executive Outcome employed by government and corporations(which are directly a creation of the state), so it isn't exactly a prime example of private tyranny.

One positive note is their activities in the Blood Diamond War. They fought against the Revolutionary United Front, which had been raping women and making soldiers out of children, as well enslaved people to work in the diamond mines. However, they are probably primary the result of being employed by a lesser evil compared to the more insidious and evil RUF statist thugs.(It parallels the communist Vietnamese fighting against the more evil Khmer Rogue for invading and killing off whole Vietnamese villages)
3709  Economy / Economics / Re: Bitcoin Austrian Economic Study Group on: January 28, 2011, 01:40:48 PM
It is trivial to propose a realistic case for which this is untrue, although I suppose it depends if "the market" thinks that feeding my family is worth "more than a million [dollars]." Control over a critical resource does not require the intervention of any particular kind of state and will give rise to some new form of tyranny. It is embarrassing to have to even point this out.


From my perspective, it merely looks like you had not done your homework. If you are at any good at refuting libertarianism, than you would have cause cognitive dissonance by now, and I felt a rush of emotional anger. I don't.
3710  Economy / Marketplace / Re: Kiba's Art Thread on: January 28, 2011, 05:18:17 AM
So PROJECT SMASHING DAY a success? No.

But, I clean the shit out of it. So I did got a lot of thing done today. External force beyond my control reduced my capacity to SMASH this project into completion. Let it shall be a tradition. Every Thursday is a project smashing day where I go apeshit completing a project.


http://www.bitcoinservice.co.uk/files/104
3711  Economy / Marketplace / Re: Witcoin on: January 28, 2011, 02:30:33 AM
I am not sure how witcoin works?
3712  Bitcoin / Bitcoin Discussion / Re: Bitcoins in space on: January 28, 2011, 02:16:05 AM
Space is the ultimate cooling system.....

Actually, the vaccum sucks for cooling things.
3713  Economy / Marketplace / Re: Job Board on: January 27, 2011, 09:20:05 PM
Nobody really using bitcoin jobs, instead opting for marketplace. I guess that's because the forum have lot of traffics while bitcoinjobs have next to no traffic.
3714  Bitcoin / Bitcoin Discussion / Re: Bitcoins in space on: January 27, 2011, 07:15:20 PM
1. Create a stable wormhole big enough to carry information from one side to another.
2. Wire it up.
3. Viola, an internet connection to Earth.
4. Setup bitcoin...and you're DONE!
3715  Economy / Economics / Re: The real problem behind inflation on: January 27, 2011, 07:12:33 PM
One's wages will also go down in times of deflation.

True. However, the problem in the bitcoin economy is the lack of demand for labor, not the other way around. As a result, I don't specialize in any kind of jobs. Instead, I do writing, drawing, and programming. In addition, I need to accept cheap compensation compared to the larger US dollars economy in order to make it palatable to my clients.

I did at least double my saving in the end. It went from 250 BTC ish at the beginning of the month to 581 bitcoins so far. Even though I have plenty of spare capacity unfulfilled, I can't really complain much.
3716  Economy / Economics / Re: RFC: Is there anything like a good government intervention? on: January 27, 2011, 06:56:21 PM
  • The space program generated an awful lot of R&D, but it cost even more money (so high cost to development ratio). Privately funded research would have been more efficient

As far as I know, private companies are trying to make space flight cheaper, which mean we can launch more space experiments. Which mean...charities can actually do space exploration.

Space agencies? What do they do to make space exploration cheaper? They fund some private space contracts....that's all they do. Someday, they will be an insignificant blackhole of waste.
3717  Bitcoin / Bitcoin Discussion / Re: What does Quantum Computing mean for Bitcoin? on: January 27, 2011, 03:36:38 PM
If we invent quantum cryptography, business will continue on.

Otherwise, everybody's secret in the world can and will be cracked.
3718  Economy / Economics / Re: Bitcoin Austrian Economic Study Group on: January 27, 2011, 03:35:46 PM

I'll invoke Churchill: "Democracy is the worst form of government, except for all those other forms that have been tried from time to time."

We have this thing called voluntarism and the freedom of association. Try it sometime.
3719  Economy / Economics / Re: Bitcoin Austrian Economic Study Group on: January 27, 2011, 03:02:16 PM

This is why I am in favor of democracy; it solves those problems.

A direct democracy kill Socrates for corrupting the youth and for not believing in the gods!
3720  Economy / Economics / Re: Bitcoin Austrian Economic Study Group on: January 27, 2011, 02:56:02 PM
Then your best bet is to regain control of the government. Don't disarm yourself by eliminating the only tool at your disposal. You are doomed to failure if you think you can start from scratch against power that already controls the resources you require for survival.

All these things happen is because government create bad incentives and there's little incentives for government to abide by the rule of law. Well, there are incentives, but these incentives get eroded by the way government is structured and the way governments work. The power of coercion tends to lead to nasty things.

It have little to do with libertarians not taking control of power.(Which is by the way, nigh impossible. Libertarians and power don't mix.)
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