Interesting combination of tools proposed to be used here.
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yeah, sounds like you are confused about what money is ... and "market forces" too most likely.
Do you think gold coins have been popular for 2500 years by accident?
Why yes, you're right of course. Just this morning I bought my usual cup of coffee with a gold doubloon. If you like to think of current day usage of gold as non-niche, that's fine by me. That's just terminology. My prediction is that the current financial system might undergo subtle changes as the result of bitcoin saturation, but that I don't buy the idea that we're going to live in an inflation free, zero-taxation utopia of Randian proportions. In that sense bitcoin's current purpose will remain "niche", even if it will be widely adopted. You actually most likely paid for your non-fat latte with cash, coins or notes ... You're blinded by your frothing rand-hate trip ... take a look at the coins and notes in your wallet, that's what fungible money looks like (they are the modern poor cousins of gold coins). Fungibility as a desirable property for money driven by market demand is not going anywhere any time soon ... no matter how many digital databases the financial facists create to kill it. Come back to the table with something substantial when you can see past your smart-ass?
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This is something that we all should be looking at. Look at Mt.Gox, they put on their application at the bank that they were not a money transmitter, yet they are and the govt swooped in and took about 5 million dollars. They aren't even based here...
But Mt Gox's money was located in the US. As the world financial hub and the issuer of the world reserve currency, The US and its regulations will carry significant weight globally. Not for much longer ... those days are coming to an end, squandered by insane laws and stupid, venal lawmakers.
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yeah, sounds like you are confused about what money is ... and "market forces" too most likely.
Do you think gold coins have been popular for 2500 years by accident?
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There's also the problem that bitcoin transactions are far from "anonymous", which is the premise from which the entire argument starts. In reality, I believe, governments' reactions to bitcoin saturation will be similar to their reactions to Internet saturation: accept (mostly) the overall increase in freedom and citizens' possibility to circumvent certain laws, but pour substantial resources into detecting (and prosecuting) violations that they (and perhaps their electorate as well) consider especially grave, example: child pornography.
Applied to bitcoin this could mean that low level tax evasion will become easier in a Bitcoin environment, and might become more prevalent, but those who try the same with much larger sums will probably be surprised by the creativity governments can develop when they feel threatened at the core. Personally, I don't even expect government size to shrink substantially as a result, just that the *possibility* will exist to more easily avoid taxes, of which only a minority will make use in most countries.
You should probably factor in that market forces will demand a strongly anonymous internet currency and the technology will arise to satisfy that demand (it is very near to that already) ... this genie is not going back into the bottle and will only advance and grow in strength and stature from here.
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18100 years from now, I'll be sure to be outraged.
... jackboot licker much? Not sure what you mean, I was making a joke about the typo in the name of the thread. Oh, I see ... retracted.
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We actually have some money bookmarked for outside help, like what Red Emerald has done in the past. If we need something that no one on our team knows how to deal with, we may simply offer them some short-term funding at a reasonable hourly rate to help out. I don't expect us to be doing a lot of that, but it's definitely a "tool" we're keeping in our back pocket.
Does your build system still need work in this next version? And so it begins... PM me and let me know what you think you can help us with. By default, we will be trying to do things ourselves with already-paid labor, and that's how we learn anyway. But if especially if we're bogged down and it's a compact and measurable task we'll consider outsourcing. We might need help with the Windows build system. But we also might have figured it out already. Linux packaging could use some help, but we have a hardc0re linux nerd coming in at the end of the month so I will assume he's got that covered Sounds good ... at least the linux build could do with the work, particularly the dynamic lib link stuff was pretty shaky sec. wise last time I looked and we had this discussion ...
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Congrats. Love to see Armory live up to its full potential. Grats! I'm excited to see the project move forward like this. So when is red emerald going to be joining the armory team *disclaimer no knowledge of anything that has to do with armory and the company, just speculation* We actually have some money bookmarked for outside help, like what Red Emerald has done in the past. If we need something that no one on our team knows how to deal with, we may simply offer them some short-term funding at a reasonable hourly rate to help out. I don't expect us to be doing a lot of that, but it's definitely a "tool" we're keeping in our back pocket. Does your build system still need work in this next version?
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Fox News? OK, I admit, I have been trolled.
That's right, I forgot. You like to watch MSNBC and get that chill up your leg every time they mention what a great job Obama is doing. Go back to your basement ya douche! Can we keep it on topic ... the disturbing nationalist fervour has no place in an Economics topic ...
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Are the cash withdrawal limit waves already? If so, it's not that hard to get the cash out. If this is true I'd advise anyone to do this ....
Capital control is still enforced. ATM limits are the same. From personal account you cannot withdraw more than 300 EUR daily. 5000 EUR is maximum monthly allowance for transfers abroad. Business accounts can transfer more but every wire to be approved by bank (and they often refuse). sad. and others in europe will follow. In Belgium cash payments above 3000 euro's are already forbidden. In Spain is worse, you can pay only up to 2,500€ Can one not pay his taxes in cash? Interesting point ... cash has been abolished as legal tender by proxy ... I wonder if there will a test case in the courts some day that put these asinine cash maximum laws against the long standing legal tender statutes?
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Good article, well written and thoughtful.
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They want you to avoid using Tor. They also use Tor themselves.
How could you possibly know that? In related news Matthew Green one of the Zerocoin guys has got into trouble with his dept. dean at JHU criticising the NSA ... what a bunch of PC BS! (Not to mention smacks of censorship, 1st amendment suppression, etc) http://www.theguardian.com/world/2013/sep/10/johns-hopkins-dean-apologises-for-blogMatthew Green, an assistant research professor in JHU's department of computer science, was asked to remove a blog post from the university's servers on Monday. The entry linked to classified government documents published by the Guardian, the New York Times and ProPublica and summarised what Green called "bombshell revelations" of how the NSA is able to unlock encryption used to protect emails and other data.
JHU found itself criticised for abusing academic freedom after Andrew Douglas, who has served as interim dean of the university's engineering school since July, asked Green to remove the post from the university's servers.
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If you have to ask, you already know the answer.
More like, if you have to ask, you are trying to divert us from looking at secp256k1. hehe
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It would be cool if the engineers of the agency will mine altcoins for fun! Would be even cooler if they just fucked off and died and left the rest of us alone to do the right thing .... just saying.
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Are there ways to earn this coin without mining, maybe by writing?
what kind of stuff would you like to write about? I could put a up a bounty for some quality technical writing for the namecoin wiki for example.
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Or that's the one they dont care about if you know it, since apparently its used pretty much nowhere. I also dont see how that would fit in to this quote from the guardian article: An internal agency memo noted that among British analysts shown a presentation on the NSA's progress: "Those not already briefed were gobsmacked!"
The breakthrough, which was not described in detail in the documents, meant the intelligence agencies were able to monitor "large amounts" of data flowing through the world's fibre-optic cables and break its encryption, despite assurances from internet company executives that this data was beyond the reach of government. http://www.theguardian.com/world/2013/sep/05/nsa-gchq-encryption-codes-securityI dont think anyone would be gobsmacked if they found out an obscure, slow, suspect, almost never used psuedo random generator was hacked. I dont know what to trust anymore right now, but on the top of things I no longer trust, is Tor; http://news.softpedia.com/news/The-US-Government-Funds-60-Percent-of-the-Tor-Project-381195.shtmlIs that what they cracked in 2010? Who knows.But I doubt they would fund 60% of a project which sole goal is precisely to make it virtually impossible for NSA and others to snoop on its users, unless there was a tangible benefit to it. "Gobsmacked analysts", "huge breakthrough circa 2010", these kinds of comments have now come from more than one source so it is gaining credibility that they are wielding a rather big cracking hammer right now ... all sound reasoning ... as I have suspected for some time Tor is just another spook honey pot.
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Capitulating to the police state is pretty much what lamestream media whores have been doing for the last 3 decades ... the prostration does become embarrassing in articles like these though.
Maybe they don't feel so bad about it if they can convince everyone it is okay and to "just go along with it" ...?
NB: Absolutely no hint whatsoever in the article about taking a political stand against the tyrants ... maybe he's afraid of being labelled a libertarian and scorned like a leper?
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Brandy and Candy haven't figured out how to secure their digital assets yet ...
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And I realize that while the P-NNNr curves do use a deterministic value their provided seeds are completely fucking implausible.
Ah, very interesting! I never bothered to check that (and I bet a lot of other people didn't, either). Wouldn't it be hilarious if Satoshi managed to choose one of the few standard curves that was not backdoored? ... or coincidental beyond implausible. He just used what they always use when they need it to be secure from themselves ... Edit: more than a few reports speak of a "huge breakthrough" circa 2010(?), wonder if that is Riemann or similar or a hardware jump like quantum computer?
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