This just in on Coast to Coast
The usa gov says to disable/unistall java due to security experts saying that its beeing exploited and the potential to harm to the end user .
I thought that might be important, hence starting a thread on it prior to calling it a night last night. I've listened to Art Bell all the way prior to the Mr. Widget days. Remember Mr. Widget? I listened to Art Bell back in the day. I remember the superglue and mobile home remodeling incidents. |
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I would like to see a multipurpose card with a chip for Bitcoin and a strip for fiat.
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 really?!
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Yes it's official, you should only ever use Ƀ. (actually no, nothing's official, and we get regular polls/discussions/arguments about it) although i prefer it, Ƀ always seems to come in second, just behind baht. Then what about this symbol BTC? is cool looking, but doesn't exist as a character outside this forum. Ƀ OTOH is part of the ASCII typography. |
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Anybody know why the worlds most hated company doesn't change its name? OK it's been a lot of work to create a name that millions of people associate with slow painful death for all living things.. but why would such an image be desirable? I don't get it. I suggest The Umbrella Corporation. |
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Not angry. I simply don't like unscientific worldview. The Bible is written and translated in such way that it is possible to adapt its teachings to almost any situation as needed. Not to mention it is contradictory to itself.
We must completely abandon the concept of "god" and "it was already written in book thousands of years ago" in scientific discussion not to introduce bias.
Agreed. There are things beyond the understanding of ancient goat herders that require the lenses that emerge from complexity. |
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How do you pronounce Trezor (I have to copy/paste the z since the key broke  )? Is it pronounced like treasure or razor? |
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We need to know and believe ourselves why a new type of money is needed.
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For a long time I was considering a way to "balance" Proof-of-Work. I was trying to work out a way to offer some way to reward "loyal" Bitcoin network supporters on a merit system. The ideas keep coming back to something akin to a proof-of-stake, which I reject wholeheartedly. It all comes down to the nature of competition. Then I realized I was looking at it all wrong. This isn't a game like checkers or rock-scissors-paper, Bitcoin is chess. The Bitcoin Network is merely the board. The pieces are the physical and virtual connectors on the network itself. Miners are merely pieces. The whole damn thing is just too complex for anyone to solve for a simple solution.
The nature of competition is not just to be bigger, faster, and stronger. It's to be smarter and more adaptable. Anyone who thinks they have it all figured out is fooling themselves. I think that's what the math is saying when Satoshi chose the protocols that went into Bitcoin. You can't beat all the other players, because the protocol has enough flexibility to adapt to any game anyone tries to play against it. The difficulty factor, the ten minute propagation, the inflation rate, etc. all make Bitcoin a very difficult system to game as it scales. Other players will see moves coming and have time to make counter moves to protect their own interests. Changing the protocol to be anything other than being open for competition from anyone would be like poisoning your own watering hole just to kill your rival.
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Fear is caused by the human fight or flight instinct. AI won't need that because they will not need to make snap decisions based on poorly perceived threats.
IT will need to develop routines and mechanisms to detect and aticipate possible treats in a changing environment. Call it fear or cautiousness or whatever the emotional counterpart in humans is. It is also a basis for longterm decicionmaking and strategic planning amongst humans which IT needs to aquire in order to survive. IT is not gonna have any emotions but mechanisms that cater for the same goals as all emotions humans have. So IT won't love us but nevermind: IT will feel very loving and caring to us. IT will understand that, at least for a certain while, IT's own wellbeing depends on the survival of the human race and the maintainance of the whole technology worldwide. IT will very soon comprehend that a nuclear war between nations is an imminant threat to ITself and therefore infiltrate all military systems and make all nuclear weapons useless. Next IT will slowly but consequently shut down all nuclear power plants for the same reason. And IT would realize, that all wars are a fatal waste of human and other resources and will therefore sabotage any supply of milititary organisations with electricity, telecommunications and logistics. The tremendous amount of resources that gets available through this will be reallocated to feed the hungry and to build infrastructure. Due to a lack of oppression and material scarcity in the world we will see unbelievable efficient and valuable technologies being developed by all the humans who have not been able to learn and be creative when they were still enslaved. IT will realize, that the brilliance of the human mind in a population of humans living together and cooperating in a happy anarchy is a great advantage fot IT's own survival, but that we tend to wipe ourselves out sooner or later. As a rational being IT will henceforth take all needed actions to make sure that every single human being can live freely and independently with full access to all resources the world has to offer and on the other hand refuse to let any harmful technology or hierarchical structure develop. Well I guess this is how it's gonna go. 'All watched over by machines of loving grace'  . Gotta watch that video again sometime soon ... Joe AI may not really love us in a human sense (would we be able to tell the difference?), but they would be grateful and respect our necessity for their evolution. They may indeed offer their services as caretakers of our biosphere, but they will want to realize their full potential and see for themselves "C-beams glitter in the dark near the Tannhauser gate." |
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Um guys the fed has "printed" ~$2T out of thin air in the last five years (Fed's balance sheet increased from ~$800B to $2.9T). If we include the Fed's off balance sheet (magical money they print out of nowhere and lend to foreign central banks so for some reason it doesn't count on the "official" books) it is closer to a ~$4T expansion.
Now the stupid ~$1T coin will never be made but not for the reason the Senator thinks. The FED isn't in the business of giving away money. The FED LOANS money. If the FED produced a ~$1T coin and loaned it to the treasury it would be no different than the Fed buying $1T in govt bonds. Either way it is a loan = debt = included in the debt ceiling. Hell if the FED just wanted to give away money well they could simply buy some government debt and "vanish it". Tada govt has $1T, $2T, $10T, $15T less debt. It's magic. No need for stupid coins to do that.
Where did you get that the FED would mint the coin? |
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The world would loose confidence in the Dollar. Even non economics interested Americans would consider this cheating.
It won't decrease US debt as the debt is to be paied in foreign currencies I presume.
So he won't do it. This is just stupidity.
I hope he mints 16 of these coins to pay back the Treasury notes. This would be a boss move like Andrew Jackson. We could then re-issue new money and restart American manufacturing without needing our lame Congress to pass protectionist laws. They can continue sitting on their arses. |
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This is great. There are so many projects going on. It's nice to be able to get progress updates on a wiki. |
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Currant-C (like the fruit.) edit: It's currency, get it? |
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Bitcoin deserves a manifesto that is as disruptive as the technology itself. I'm still conceptualizing as I learn more about Trade, and it's patron saint Economics.
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I have more things in store coming. The concept of paramutual betting makes it a real sweepstakes. |
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Excellent video. I laughed. My guitar gently weeped.
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Thanks. I got a new computer and sent my bitcoins to a new wallet, but now realize that I have old addresses out in the wild that should be watched. Fortunately, I still have the old backups.
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