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5561  Other / Politics & Society / Re: Corporal Punishment (Re: Our response to Dmytri Kleiner's misunderstanding of money on: December 11, 2012, 12:54:36 AM
tl;dr

MoonShadow will never admit that it's wrong to hit children, because that would require confessing to unjustified aggression against children. Instead of coming clean he's chosen the route of doubling down on wrong.

I don't think there's much that can be done at this point other than to spread the knowledge that relationships are voluntary, so that the children he's raising will encounter it when they are no longer under his control and realize they aren't bound or obligated in any way to maintain a relationship with someone who hit them.
5562  Bitcoin / Bitcoin Discussion / Re: What to expect from Bitcoin Magazine on: December 10, 2012, 02:00:01 AM
Of all the ways in which the US legal system sucks, at least there's the fact that libel and slander laws have such a high burden of proof, and are so easy to defend against, that most people never need to worry about them.
5563  Bitcoin / Press / Re: 2012-12-09 Forbes.com - Bitcoin's Greatness Not Realized By Succumbing To Regul- on: December 10, 2012, 01:55:00 AM
Ok, so let's take a look at what happens when one person decides to change all their fiat money into bitcoin (say I'm Rick Falkvinge Smiley) ... before the transaction the bitcoin network had 10.5 million btc and the fiat system had XXYY fiat pesos ..... and amazingly after the transaction there are still 10.5 million btc and XXYYXX fiat pesos in the respective systems. So how is that all these "funds flowing into bitcoin" have not changed the number of units in either system? Of course the answer is that there was another willing seller of btc to exchange with Falkvinge's fiat pesos.
You're neglecting the velocity component of the money supply. There's a huge difference between 10.5 million BTC sitting idle in the blockchain and the same amount being continually spent.

If people are converting their paychecks to bitcoin, and then converting back to fiat as needed to pay expenses the total amount of bitcoins they will move in a year vastly exceeds their balance at any given time.
5564  Economy / Economics / Re: Bitcoin major fail - doesn't allow credit creation (aka deflationary currency) on: December 09, 2012, 08:57:09 PM
Another thought: Thinking about how supposedly nationstates use their currency to "regulate" their economy (they have a weaker economy so they need to have a weaker currency) and seeing the Euro fail (not sure wether it's because differences in fiscal policy or because all fiat currencies are failing) there is a question bugging me: would a single-currency world economy work?
Much better, once the central planners are tossed to the curb.
5565  Bitcoin / Development & Technical Discussion / Re: Have you been waiting for Armory-Beta? Help me release it! on: December 09, 2012, 05:41:05 PM
Is there at least a way for the user to check the .ebuild they got?
Of course.

The Layman command will clone the contents of this repository: http://git.overlays.gentoo.org/gitweb/?p=user/jranvier.git;a=summary into /var/lib/layman/jranvier. They'll have access to the entire git history.

The reason I made an overlay is because working with bare ebuilds is a PITA. Portage doesn't want to manipulate ebuilds unless they are in a properly-formatted repository so the user would need to have made their own overlay anyway. This way saves them a few steps.

Another thing that may be possible is adding an additional SSH key to the overlays.gentoo.org account so that you could clone the repository and update it yourself.
5566  Economy / Economics / Re: What would happen if everyone got 1000 USD every month? on: December 09, 2012, 04:47:01 PM
Government choose taxation over monetizing operation costs because it allows them to influence (manipulate) via tax policy.  With indirect "taxation" via inflation the effect is universal (i.e. solar panels rise in price as much as crack cocaine does).
The reason they don't try to fund their spending entirely through inflation is because the population would never tolerate it. They'd dump dollars and look for alternate places to store their savings (see Argentina).

The only way the government can spend 25% of GDP is to get control of as many income streams as possible at their source, and to implement capital controls.
5567  Bitcoin / Development & Technical Discussion / Re: Have you been waiting for Armory-Beta? Help me release it! on: December 09, 2012, 04:33:54 PM
I got a user overlay set up on overlays.gentoo.org, so you can use the following installation instructions to install Armory on Gentoo:

Quote
Ebuilds for Armory are available in the jranvier user overlay.

1. Install the overlay using Layman:
Code:
layman -a jranvier

2. Add Armory to package.keywords:
Code:
echo net-p2p/armory >> /etc/portage/package.keywords

3. Install Armory:
Code:
emerge armory
5568  Bitcoin / Press / Re: 2012-12-09 Forbes.com - Bitcoin's Greatness Not Realized By Succumbing To Regul- on: December 09, 2012, 04:17:49 PM
Interfaces with the legacy financial are transitional technologies that help make the conversion easier.

Most people right now can neither obtain a salary in bitcoins, nor use bitcoins to  pay for their expenses whether or not regulated companies like this exist.

What these transitional technologies allow individuals do is take the first step towards Bitcoin adoption by using it to store their savings. A smart European customer of Bitcoin-Central could use them to convert his paychecks automatically to bitcoins, immediately withdraw them to an offline wallet under his own control, and then add small amounts bitcoins to the account to fund the debit card. This provides the maximum amount of security and usability.

As more companies begin to accept bitcoins directly the user will have less need to use the debit card, and eventually won't fund it at all. The final stage will come when his employer is willing to pay him directly in bitcoin. At this point the transitional technology will no longer be necessary and Bitcoin-Central will either move on to provide other services or will close shop.
5569  Other / Off-topic / Re: Since when does blockchain.info link wallet adress to BTCTalk forum accounts? on: December 09, 2012, 05:49:34 AM
How long does it take to scrape a new signature?
5570  Bitcoin / Development & Technical Discussion / Re: Experimental pre-0.8 builds for testing on: December 09, 2012, 02:47:10 AM
This is v0.7.1-244-g3ccb06f-beta starting from a completely bare directory, downloading the blockchain from a peer on the same LAN to remove internet connection speed as a factor.

Quote
time bitcoin-qt -par=8 -connect=192.168.XXX.XXX

real    48m58.429s
user    114m35.786s
sys     2m33.817s

Again with a larger cache.

Quote
time bitcoin-qt -par=8 -connect=192.168.XXX.XXX -dbcache=4096

real    42m10.028s
user    109m33.141s
sys     1m9.843s
5571  Bitcoin / Press / Re: 2012-12-07 the verge - Bitcoin exchange gains clearance to operate as real bank on: December 09, 2012, 01:46:30 AM
This is only true if you are an omnipotent master of the universe. It is because only someone who has mastered all the knowledge there is, can make statements like this with such absolute certanity. So you are a god, in a way.
It's been almost 300 years since epistemology was invented as a discipline, and yet people can still say things like this and expect to be taken seriously.

"mind-virus" is an understatement.
5572  Bitcoin / Press / Re: 2012-12-07 the verge - Bitcoin exchange gains clearance to operate as real bank on: December 09, 2012, 12:42:36 AM
Nothing good comes from believing things which aren't true. There's no way to "twist" religion because it's inherently twisted due to being false.
5573  Bitcoin / Bitcoin Technical Support / Re: Exceeds size limit? on: December 08, 2012, 11:20:05 PM
Not if you have a bitcoin-rich uncle. Just meet with him and ask him to use his 1000 BTC wad of cash to mop up the dust in your wallet.

I'm not kidding. You can avoid all fees if you can convince someone to include your small transaction outputs in a single large transaction. It is the total sum transferred that matters.
Clients could be programmed to do this automatically.
5574  Bitcoin / Bitcoin Discussion / Re: Do-it-yourself Escrow with two-factor address utility on: December 08, 2012, 10:25:51 PM
I thought the inclusion of multisig feature already implemented everything necessary to do escrow.

Other than the point and click UI for someone to actually do it (afaik)

Yup.  It's not point and click in the main client, and I don't know enough to do it any other way.  So for me, Mike's utility is what I'm using.
I should have been more clear.

In the mean time, it occurs to me 3rd party escrow can be done in this manner:  Alice has password used to create intermediate passphrase.  Bob uses phrase to make encrypted private key.  Bob then uses secret sharing to split the encrypted key up into 3 parts and gives Alice one part, Charlie (3rd party escrow) one part, and then Bob throws out the 3rd part since he already has the encrypted private key.  Alice also gives Charlie the password.

Now Alice has the password and 1 of 2 shares necessary to get the encrypted private key.  As does Charlie.  Bob has the entire encrypted private key but no password.  Any two out of the three of them can now work together to unlock the unencrypted private key.

The only problem I have with that is that Alice and Charlie can't verify that the shares they have will actually reveal the encrypted private key until it's too late (i.e. Bob screws Alice and so Alice and Charlie attempt to get the key, but Bob has simply spited them and the funds are now lost).

Does the procedure you described represent what needs to be done to generate a 2 of 3 multisig key, or is it something that users only need to do until good UI tools for using multisig keys exist in the clients?
5575  Bitcoin / Armory / Re: Building under OpenSUSE 12.2 on: December 08, 2012, 09:47:35 PM
Now I have SuSE, Gentoo, Ubuntu, Fedora (somewhere).  Maybe I'll start a list of such instructions on the website.
I'm working on setting up a user overlay for Gentoo so that you'll be able to have proper installation instructions for Gentoo.
5576  Bitcoin / Bitcoin Discussion / Re: Do-it-yourself Escrow with two-factor address utility on: December 08, 2012, 05:09:16 AM
I thought the inclusion of multisig feature already implemented everything necessary to do escrow.
5577  Other / Meta / Re: CAN WE STOP THIS BULLSHIT? on: December 08, 2012, 04:13:38 AM
Could you be a little less specific about which bullshit you'd like stopped? I'd hate to miss and stop some horseshit.
I'm guessing it refers to some of the other recent threads in the Meta section.
5578  Economy / Exchanges / Re: Bitcoin-Central, first exchange licensed to operate as a bank. This is HUGE on: December 08, 2012, 12:50:38 AM
I can kind of see the reasoning for pursuing the "legal" (violence backed) recognition in hopes of making Bitcoin seem more appealing to the majority of sheeple , but at the same time you are giving legitimacy to the very criminals who want to have people thrown in jail for suggesting money be provided by the free market
The criminals and the cartels they operate shouldn't have the power they have, but there's nothing we can do about it. The reality of the situation is that we don't live in a voluntary society, and sometimes dealing with the state on its terms is an unfortunate necessity.

Merely using government provided (and mandated) services by itself does not constitute an endorsement of the state in the same way a prisoner does not endorse the criminal justice system merely be eating food provided by the jailer.
5579  Other / Politics & Society / Re: Corporal Punishment (Re: Our response to Dmytri Kleiner's misunderstanding of money on: December 07, 2012, 10:07:03 PM
This is a clarification of an earlier post I made:

Children fully own themselves, yet by nature are not competent to manage their own affairs. Thus they require resources from someone else in order to survive. Some people interpret this situation to mean parents own their children and the care they provide incurs an debt which the children are obligated to repay but logically the opposite is true.

Children exist in a state of infirmary, not due their own actions and choices, but due to the actions and choices of their parents. The consequences of their state of dependency, then are the responsibility of their parents. The care and nurturing that a child needs in order to reach a state of being a competent adult is not a gift from the parents, but rather a debt the parents owe their children as compensation for bringing them into existence in a helpless state. Once this debt is satisfied the children owe their parents nothing.

If parents want to earn some kind of consideration from their children they have to go above and beyond merely supporting their children while they grow up. They need to earn consideration with virtuous behavior.
5580  Bitcoin / Press / Re: 2012-12-07 The Guardian - Virtual currency Bitcoin registers with EU regulators on: December 07, 2012, 09:36:53 PM
This is why I think the name "Bitcoin" should never be put into company names. Walmart is not called Dollar Walmart, nor is the Bank of America called the American Bank of Dollar.
I've often had similar thoughts.

While I'm a fan of what BitPay has accomplished I think Paysius has a better name. It speaks directly to what businesses want - to get paid.
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