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4541  Other / Off-topic / Re: Anarcho-capitalism and Government on: April 24, 2011, 12:33:38 AM
You fail to see the point that government naturally and generally attracts the corrupt, and this is the very weakness of government, that it has nothing above it so to corrupt it will corrupt the whole of society. Also the concept of society is something people are too attached to while they overestimate it's actual usefulness. Think about what consists in a nation and you'll see what I'm talking about.
4542  Bitcoin / Bitcoin Discussion / Re: "Don't buy bitcoins" on: April 23, 2011, 11:47:32 PM
The fact that he speaks of carrots as a currency-worthy commodity speaks volumes on his understanding of what consists in a good medium of exchange.
4543  Bitcoin / Bitcoin Discussion / Re: "Don't buy bitcoins" on: April 23, 2011, 11:36:48 PM
I think being mocked a bit is a good punishment for being a smart ass.

If you think you are clever enough to lecture people about stuffs, you have to assume it.


A lot of people are doing and writing very smart things, and yet they don't feel the narcissic urge of showing their face on Youtube.

+1
 Apparently some people did quite the opposite of what this guy is saying.

I think the problem isn't whether he is a "brother in arms" but rather that he is close minded. As someone stated, his behavior indicates that he is "like minded" with anarchist or libertarian ideals not because he embraces them but rather because he nurtures anti government feelings, for whatever reason. I'm a gold bug myself yet I adopted Bitcoin at first sight, and I'm pretty sure I'm not alone here, which certainly prove the 2 aren't incompatible. Also, I'll take a wolf skull with those bison bones.
4544  Bitcoin / Bitcoin Discussion / Re: "Don't buy bitcoins" on: April 23, 2011, 07:16:45 PM
I think he believes that money must have "intrinsic value".
Why the dolar has been valued since 1972 then?

Actually it's been devalued oO

People might have put an increasing amount of trust in the currency but it doesn't change the fact that the value a dollar represents nowadays is less than what it was in 1972. Oppose to that, Bitcoins are gainly value on the long term.
4545  Economy / Marketplace / Re: Poker Coaching on: April 23, 2011, 04:17:23 PM
Not only can you coach poker you can actually play it for bitcoins.

http://betco.in could use some players.

Tell all your friends.  Smiley

I have told them and I check it regularly for players. Still, it's clunky and doesn't allow for multi-tabling, and has very few people on it.


You can multi-table at betco.in

As for credentials, I meant your actual irl identity. Are those turned downed now? I thought it was only your hostname that was turned down, like in France.
4546  Bitcoin / Bitcoin Discussion / Re: What is the absolute fastest way of turning cash into BTCs? on: April 23, 2011, 03:59:40 PM
CoinPal is supposed to be pretty fast.
4547  Bitcoin / Mining / Re: question about different models of the same gpu chipset. any difference in MH/s? on: April 23, 2011, 03:04:34 PM
The more expensive cards can provide certain over clocking advantages, such as a custom cooler, binned gpus, better ram cooling and low heat peripheral components. In general, you can expect low-end proprietary builds to not offer voltage modification, and reference designs usually have gpu voltage control at least.
4548  Economy / Marketplace / Re: Poker Coaching on: April 23, 2011, 02:10:46 PM
Can't you use your credentials but go through a European VPN to connect to pokerstars.eu and others?
4549  Bitcoin / Bitcoin Discussion / Re: "Don't buy bitcoins" on: April 23, 2011, 02:45:58 AM
Yeah that's what I thought.  So "legal tender" doesn't mean much, because selling a candy bar at 100,000 EUR piece, it's pretty much like refusing EUR as a paiement.

You might want to look at the post above this one regarding taxes due on the sell.
4550  Bitcoin / Bitcoin Discussion / Re: "Don't buy bitcoins" on: April 23, 2011, 02:42:46 AM
The US tends to avoid having a lot of silly laws like this.  I saw that in Italy, you are not even allowed to legally barter for stuff.  Everything had to be sold for a price.

I think there was some UN conducted survey that showed France was the country in the world with the most enacted laws. There was some ridiculous figures provided, something like each year, a branch of the French house of representatives charged of deprecating old laws would get rid of 10,000 of them, the equivalent of the whole legislative scripture of the US.

On another note, grondilu, don't forget that if you price your goods for 100,000 EUR or 1 BTC, that you'll be paying taxes on the euro price, whether it sold for euros or not.
4551  Bitcoin / Bitcoin Discussion / Re: "Don't buy bitcoins" on: April 23, 2011, 02:35:32 AM
What's stopping me to use double priced labels and put a ridiculously large amount in euros on them ?

Exemple for a candy bar:

"
delicious candy bar

Price:
1 BTC
100 000 EUR
"

That you can do. I think as long as there is a pricetag in euros, anything goes.
4552  Bitcoin / Bitcoin Discussion / Re: "Don't buy bitcoins" on: April 23, 2011, 02:29:20 AM
The funny thing is, he says the law in the US says you have to accept $, but you don't.

You sure about that? I thought vendors could accept any form of payment but were not allowed to refuse payments in dollars.

Vendors in the USA can reject USD, or specific types of USD like coins for merchandise or services that have NOT BEEN DELIVERED.  

Once the service or good has been delivered and there is a balance due the merchant MUST accept USD.  

So if I get my car fixed (IE the work is done) or need to pay my cell phone bill both must accept USD.  They can not require payment in just gold.  If I am at a restaurant and they present me with a bill they must take USD.  When I am in a store and I want to buy something (even if it is in my hand) the merchant can accept or reject USD.   They can also reject pennies if they like.  A cell phone company CAN NOT reject pennies for the bill.

Just as the bill says, "This note is legal tender for all debts public and private"



I see, thanks for the clarification
4553  Bitcoin / Bitcoin Discussion / Re: "Don't buy bitcoins" on: April 23, 2011, 02:25:48 AM
You sure about that? I thought vendors could accept any form of payment but were not allowed to refuse payments in dollars.

This is a weird idea.  If I am not allowed to refuse dollars, I'll just demand a huge amount of them.

For instance, I can ask a gram of gold for a stuff I sell, but $1,000 for that same stuff.

Not quite. I'm not sure about American legislation, but since we're both French, I can tell you how it would work between you and I. Say you're looking to trade a pig. If you're willing to take my goat for it, then this is barter. In this case, this is a trade between individuals. On the other hand, if you're a vendor, you have to price the goods you put up for sale. There are two consequences to this: the price has to be made public, this means if I see a price tag on something in your store, I can legally purchase that good for that price, even if you messed up with the tag. Second consequence is that you can't refuse to sell anything priced in your store as long as I can meet your price in euros. I think there is something about 24h notice before a price change, so that you can't sell me something for €20 and ask €40 for it from the guy right next to me.

Now I don't know about the US, that's why I'm asking about it.
4554  Bitcoin / Bitcoin Discussion / Re: "Don't buy bitcoins" on: April 23, 2011, 02:00:50 AM
The funny thing is, he says the law in the US says you have to accept $, but you don't.

You sure about that? I thought vendors could accept any form of payment but were not allowed to refuse payments in dollars.
4555  Bitcoin / Bitcoin Discussion / Re: "Don't buy bitcoins" on: April 23, 2011, 12:50:08 AM
A more serious argument I could make about his "legal tender" point.

Law is not something that people are supposed to withstand.  It's not some superior force that people must blindlessly obey.  Law is something that is supposed to be decided by society.

The dollar existed before it was recognised by law.  I think it derives from a silver coin called Thaler.  Its usage became so popular that eventually law makers decided to make it the official money.

There is no reason why bitcoin could not have the same destiny.  As more and more people use it as they realise it is a more efficient intermediate for exchange, at some point they will have law makers turn it into an "official" money.  I don't say it is something I hope for (I don't).  I say it is possible, and if it was to happen, then bitcoin would essentially replace the dollar.



Legal tender only really refers to the currency in which the government demands its taxes to be payed in and pays its dues with. From an American citizen stand point, yens and euros aren't legal tender, yet he considers them as good a currency as dollars, which means what he really is rooting for is government sanctioned currency. How can people confuse so many things when it comes to economics. It's not that complicated...

And as far as the government is concerned, if you're not trading with a currency, then it is barter, which has its own applicable taxes. As long as the man gets his cut...
4556  Bitcoin / Bitcoin Discussion / Re: "Don't buy bitcoins" on: April 22, 2011, 11:37:48 PM
I don't understand the need people have to just hate on new things...
4557  Economy / Economics / Re: 1 BTC = 2 USD on: April 22, 2011, 11:31:28 PM
I doubt it will even touch that.

All it needs is a slight increase in actual usefulness.

It could be snowballing. Higher price rises interests in vendors, who start selling their goods for btc, which brings more ppl and so on
4558  Economy / Economics / Re: Read this before having an opinion on economics on: April 19, 2011, 01:10:35 AM
Sure it is. Had this guy known his rights, he would have kept on going with his project, and nothing legal Square could have thrown at him could have stopped him. Hell, he would have even gotten money out of them.

Right, after wasting years of his life in a legal battle, spending all his money on lawyer fees, fighting a company with comparatively bottomless legal funds and of course, we all know that juries never make mistakes, especially when dealing with highly technical issues. He's a fool for giving up so easily!

Assuming a company however wealthy they are would bother prosecuting a case they know they can't win, literally burning money over a project they haven't made a dime off in the last 10 years and won't be for another 20... Assuming he couldn't get legal support from open source developers groups... Knowing Square can't use any measure of force to stop his project without a court order...

It is not as one sided as you like to present it. Moreover, what you are pointing at is an abuse of judiciary institutions, not an abusive law as you pretend it to be.
4559  Bitcoin / Mining / Re: 50% cpu usage when mining with 2 gpus on: April 19, 2011, 01:04:41 AM
You should drop the 4850. 4xxx cards have poor hash to power consumption ratio. Even with your electricty cost I think you're actually losing money on the 4850

Hmm I guess I will return the 4850 to retirement.  Sad I'll have to do some calculations to see just how it's costing me.

Out of the top of my head:

At 70 Mh/s you have an average production time of 65 days, 13 hours, 57 minutes per block with this weeks difficulty. Assuming it remains at that level (which it won't), and your card is about 200W on load, now let's be nice and say 150, you'd be at 3.6 kW a day or 234 kW per block. That's $15 of electricity per block. Well, I'll be damned, that's some cheap juice you got there.
4560  Economy / Economics / Re: Read this before having an opinion on economics on: April 19, 2011, 12:50:59 AM
Those guys gave up because they didn't have to resources to defend themselves, but had they, they would have won.

That's irrelevant. The point is, copyright laws have a chilling effect on the creation of derivative works. That's a loss for society any way you care to slice it. The only question that remains, which outweighs which, the losses or gains?

Sure it is. Had this guy known his rights, he would have kept on going with his project, and nothing legal Square could have thrown at him could have stopped him. Hell, he would have even gotten money out of them.

And anyways, who cares about society? You are so prone to look down upon laws yet your referential is the very frame for laws.
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