p would always affect g.  They are never independent in an economic venue.  Thus your little attempt at mathmatic bs is just that. 

Let me try this another way.  Assuming everything else remains the same, and that the monetary base is static; the price deflation is an effect of the overall economic growth.  Price deflation is the symptom while the economic growth is it's cause.  So long as the economic growth continues, the price deflation does as well, yes?  When the economic growth declines, so does the rate of price deflation, yes?  Thus, when the rate of price deflation stops or goes negative, it's a symptom that the economic growth has already gone into recession.  The symptom follows the cause.  The symptom cannot be the cause.

Granted, a real economy is complex, with many feedback effects; which means that this is an overly simple way of looking at the issue.  However, taken alone, the price deflation cannot logically be the cause of a recession in this scenario.  Even though the prior price deflation could contribute to the severity of a decline, it cannot cause it.

You implied that due process was unlikely in an anarchist state, not that it was impossible.  If you are arguing for impossible, then argue it.  Don't just make subjective statements and then later declare it to be impossible because I said so already and nobody (that I listen to, which is no one but myself anyway) contradicted my subjective opinion proof!

I can agree with you on one point here, due process isn't a certainty.  But then again, nothing is.  I know that due process isn't a certainty with the system we have now, even if you would personally trust your freedom to it's judgement.  I, for one, wouldn't trust it.  I would guess that you are white, male and grew up middle class; and thus you have a profound trust that the justice system would treat you fairly.  If you are white & middle class, you're right.  However, that does not describe us all.  And even if you generally give the system as it is your faith, what do you do when you see police lights in your rearview mirror at night?  Do you faithfully pull over to let the cop pass by, certain that he is pursuing someone else?  Or do you tense up, and check your speedometer?

I started to read the link, but stopped when I hit the bullcrap at the top.  Why should I read it?  I know that it's wrong.  Waste of lifespan.

That took me two seconds.  Logic reviewed.  You should try learning some.

I know what my client is doing.  Do some research before you expose your own ignorance.  The packets aren't even encrypted.  You can use a sniffer and look at them yourself if you don't trust the code.

If the price deflation is a product of economic growth, than it's logically impossible for there to be a recession caused by the same.  And if a recession were to occur for other reasons, thatn price deflation could not proceed uninterupted.  This, of course, is all relative to the economic activity represented by the movement of bitcoin, and that is such an insignificant amount overall that the US economy (or any other) could easily return to a reccession while the bitcoin economy is still in massive growth.  But for clarity, let me restate the issue.  If the bitcoin economy is growing, then it can't be in recession.  If the monetary base is maintained (it's not, bitcoin is still inflationary) it's impossible for price deflation to occur as a direct result of growth while such an economy is in recession.  A recession is, by definition, the opposite of growth.

Understand?

The miners are not trying to crack anyone's passwords.  The proof-of-work system defends the blockchain from brute force attacks.  If you can actually think of a better way to do it, speak up; but many minds have been bent to this problem in the past.

Please leave your personal habits out of it, thanks.

None whatever.  Proceed with caution.

No.

By definition, if the economy is actually growing, then the price deflation must logically be a reflection of good tidings.

I can't really belive that this has to be stated.

Whichever copy of the private address key inside of the wallet that spends the coins first is the valid copy, and all others become invalid.  However, advance keys are generated inside the wallet.  So if you suspect that an encrypted copy of your wallet has been taken, then the best course of action is to transfer out all of your coins from that wallet, and then completely destroy that wallet.dat file.

Bitcoin does have a killer app, and it's one we all use.  The near zero costs of transfering value across limitless distances.  If you don't think that this is a revolutionary core feature, try sending 20 Euros to Kenya.

15 years and it won't make any difference.

You're either going to change this position eventually or be bitcoin poor.

By a number of metrics, we already are as bad economicly as during the early part of the depression.  That said, it doesn't feel like as bad to us, because we are all used to the history talking about starvation of Americans and adject poverty.  We don't see starvation because of advances in mechanical agriculture (bear in mind, in 1929 the automobile was a status symbol, farm tractors were uncommon, and most family owned farms still depended upon working animals), advances in botany in general, and the so called 'green revolution'.  http://en.wikipedia.org/wiki/Green_Revolution

We are the beneficiaries of these events, and they have been buffering our population against the full brunt of a depression.  That said, the effects are present, and a rising number of American families are direct beneficiaries of "nutritian programs" such as food stamps, WIC, ecetera.

The hallmark of such events is wealth transfer.  If the government takes steps to confiscate 401k's like gold was confiscated in the 1930's, there will be a mad dash into safe havens of value, and if Bitcoin is close to maturity (it's not remotely right now) then it's value would shoot to the moon as measured against fiat currencies.

Congrats on your induction into the higher order of forum membership.  I've been trying to dispell the myth that Bitcoin is deflationary for some time.

Fact #1, the system that you advocate presently exists, and is forced upon those of us who do not agree.

Fact #2, the system that we advocate does not exist, and no one is presently forced to abide by it.  In our theoretical depictions of it, you would not be forced to do anything beyond respecting the social conventions that already exist, namely property rights and human rights.

Therefore, your opinion upon whether our theoretical society would be coercive or not is irrelevant.

Do you disagree?

In what area, in what store?

Keep us informed about your progress.