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Why stop there? Lets put TXIDs, scriptsigs, and addresses into separate data structures and calculate merkle trees for each. Now the block chain doesn't need to have ANY of that data in it. We can SHA256 a cat of all the merkle roots and now every block has 256 bits only! We can now fit infinite spam in the chain.
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You need zero bitcoins to retire in 20 years. You also need zero bitcoins to retire now.
Simply say to yourself, "I have nothing to do, nothing interests me" and lie down and do nothing. Congratulations on your retirement.
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I'd like to work for a Bitcoin company, but that is another topic.
Now I do wonder if there is someone who works for a Bitcoin company,
and I'd like to hear your story, how you did get into the job, why you
are the perfect person for the job and simply to hear how things can go.
What do you mean "a bitcoin company"? Do you mean mining? Exchanging? Or do you mean any company that uses or holds public exchange commodities? |
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Irregardless of your metric, this is hardly an argument in favor of rule-by-counterfeitters.
Consider a similar argument:
"I've been slamming every finger hard in the door every morning since I was 6 years old. Now I'm 12 and look how much taller I am! Everyone should slam their fingers in the door. So successful!"
In fact, I never said that a monetary system based on fiat is the only factor contributing to the increase in the well-being of the majority of population (which you yourself tacitly seem to agree with), or that it is such a factor at all. But I can think in reverse, wow. That is, even if it can't be said that fiat does somehow contribute to the wealth of society (personally, I think that it helps greatly), it can be said with surety that a monetary system based on gold (or any asset, for that matter), i.e. so-called "sound" money, absolutely does not, in no case... Can you think in reverse too, lol? Wait, my tacit agreement of what now? Now we have "well-being".. is that another thing that means population? Using a monetary system in which you are not constantly being robbed always will help, and always has helped, your economic well being. Do you somehow disagree with this statement? It's impossible to argue it. However there is another step to "wealth of society", that is, defining a metric which we agree on of what that phrase means.. then we can see if individual's economic well being does or doesn't so contribute. |
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Then you have to deal with the fact that people during the last 100 years have become much richer overall, despite all the fiat floating around since then. Otherwise, you will have a hard time proving that "for more than 100 years fiat has been a parasite living off people across the world"...
Since becoming richer and better off is surely not something you would expect from the victim of a parasite
It is certainly off topic but I'm still interested in what you might possibly mean by "people have become much richer". Perhaps a reference to improvement of infrastructure on global average, e.g. more running water, or technological progress? Clearly the population has hugely increasedYou still have to explain this. Given all your courage you should necessarily be granted the chance to be the first (to fall, wow): [image snipped\] Note the exponential growth after 1950 Aha. So by "richer" you meant "more numerous". That's fine, a bit unusual of a definition but I was just curious. Not like it relates to the topic anyway. |
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Special kudos to deisik for taking the impossible devils advocate position in this thread  However, lets not get too carried away. So do you have any questions to the fiat model itself? I don't quite get your point. The fact that it can be and is heavily abused doesn't in the least take from the fact that it is the best monetary system in existence today from an economic stand-point.
I lolled!! It is tough to match that statement but I will try: Shooting yourself in the head is also the best way to extend your lifespan from a medical standpoint. Or how about: letting somebody steal your coat is the best way to keep warm.
Then you have to deal with the fact that people during the last 100 years have become much richer overall, despite all the fiat floating around since then. Otherwise, you will have a hard time proving that "for more than 100 years fiat has been a parasite living off people across the world"...
Since becoming richer and better off is surely not something you would expect from the victim of a parasite
It is certainly off topic but I'm still interested in what you might possibly mean by "people have become much richer". Perhaps a reference to improvement of infrastructure on global average, e.g. more running water, or technological progress? Clearly the population has hugely increased, meaning that individual's fraction of ownership of the whole shebang has gone down. Of course none of this has anything to do with being robbed blind due to stupidity of accepting counterfeitable dimensionless tokens in exchange for labor but I am still curious what metric you refer to which has increased in 100 years. Irregardless of your metric, this is hardly an argument in favor of rule-by-counterfeitters. Consider a similar argument: "I've been slamming every finger hard in the door every morning since I was 6 years old. Now I'm 12 and look how much taller I am! Everyone should slam their fingers in the door. So successful!" |
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. the ability to migrate to another country is a privilege the rulers of that country give you it is not a right you are born with.
That's merde on a stick my friend. I'll go wherever the fuck I want thank you very much unless you personally come to stop me, but yeah, not being torn apart by border orcs is a privilege for everyone. Sure. Also having them not come to your house and rip you apart is a privilege, as is having a type O star relatively nearby and being able to breathe.
there is nothing un american about denying entry to barbarians who adhere to a supremacist totalitarian ideology and would overthrow your system in a heartbeat if they could. i'm not even talking about terrorism. they just need to outbreed you and vote to implement the sharia. muslims are 20% of the french population and they are set to be the majority of all births in sweden within a couple of years.
I hear you wrote something about islam in a forum, therefore you ARE a muslim and if you try to deny it that only proves you are a muslim. You are a barbarian who adheres to supremacist totalitarian ideology and my gun proves it as well as these well-outfiited uniformed orcs, who while dim, as you can tell, are already tearing apart your house and family. Have fun in prison camp. (That's how it goes when you support fascism my friend. You might want to reconsider buying weapons for those orcs; the momentary feeling of scapegoat anger release ain't worth it.) |
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That's a nitpicking at its best... Does a sequence of natural numbers have a dimension, wtf?
No, definitely not. And hence why I liked your phraseology so much. Dimension solely comes from a well defined definition of unit. Dimensional analysis is the use of well defined units as a sanity check. Fiat is a dimensionless yardstick. |
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"scam, scam, scam. everywhere nothing but scam"
it worked for BTC (and is still working)
it worked for LTC
it worked for xrp
it worked for doge
it worked for Dash/Drk
so why can't it work for RubyRed?
don't forget USD or EUR or GLD the list goes on |
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In terms of my comment on monetary system, I just meant that it is impossible to have a medium of exchange that isn't intrinsically useless. Even systems like the gold standard relies on people's perception that gold is valuable. People can argue that it is nice for jewelry/pretty but that is mainly because it is expensive to start off with - like everything else, the value is based on societies perceptions (rightly or wrongly we cant change this!) And fiat, which is intrinsically useless, serves this purpose the best. It is the closest approximation to the concept of money, i.e. a dimensionless yardstick for measuring the value of goods against each other I like that "dimensionless yardstick"; quite apt Of course "yard" is a unit aka a dimension, so it appears to be an oxymoron, but "dollar" is similar in that it refers to a real unit or dimension (a quantity of silver) but yet doesn't really. Dimsensional analysis as any other physical or scientific analysis with such units is doomed to failure. Perfect! As in: I'm 1.5 yards tall. 4 2015-funk yards, which represent some unspecified amount of distance which you can't ever know. Pretty tall for a dwarf wouldn't you say? Anyway fiat is also great because you can issue yourself as much as you want at any time with no work. It only takes 1 bit flip on a 32 bit integer to create over a billion dollars. Can you do that with bitcoin? I didn't think so. You need quadrillions of bitflips just to get 25 coins. |
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Just a friendly reminder:
If you think any people should need "passports" or "documentation" to travel, and therefore that other people should be encouraged and funded to harass people for trying to travel, you are pig-ignorant nazi fascist weight dragging down humanity and an embarrassment and liability to your own children.
Thanks for tuning in!
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I've never heard of Bethesda until I read this post.
The idea that "fallout" or some games by and for idiots could possibly have significance, apart from making their victims a little more retarded, is laughable.
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From looking at the Dollar debt, I wouldn't be surprised if it does collapse soon.
It wouldn't be good for anyone if it did. A lot of investors have invested in it. A lot of companies have, meaning that if the Dollar crashes their companies would too.
Au contraire mon frere. It will be good for everyone. If your company has no real business and relies on fiat notes holding value, it's better for you if your company goes out of business. Do something useful with your life. |
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Countries are geographic areas and don't care about what primates pass between themselves to organize society. None are affected.
As to the primates themselves living in these countries, they will OF COURSE be vastly better off to have a powerful tool to use such as uncounterfeitable tokens, were they to need them.
Any other questions?
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Wow this coin looks good indeed. I have read you can mine through the wallet I am right? I only have an old 2 core cpu, though
Welcome Maokoto Yes you can mine through the wallet, you have to issue the command "setgenerate true" to the debug console to start woodcutting. Even old CPUs will still get you a little bit of LOG every day at current difficulties. At the moment if you can get 500k hash/sec, like my old AMD E1 cpu gets, you get 1% of blocks or so. That's about 7 blocks per day, 25 LOG or so. |
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Very short. Every economy grow continuously. Will continue to grow in infinite. Since the day the country exist. So forever. As I know there cannot exist micro-satoshi. But even can exist lets go at the point two. The rice is not money. And the money is not rice. have nothing to do with each other and cannot is possible to make such comparison in this case. The currency have to do with the security and stability of the entire economy of one country and an currency not own by the country can put in risk its economy.
Very short what? What quantity grows continuously? Perhaps try your native language, this one doesn't seem to be working for us here. Gold and silver were not owned by legislatures and yet these things were used as exchange commodities. Stability was usually the result. |
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First of all because there are not enough bitcoin to cover all the needs of the economy of such kind of super-country.
The number of units converges to 2.1 * 10^14. How is this not enough? You need more divisibility? Then start trading micro-satoshi if you need to. Anyway, economy has no hard need for exchange commodities. We need food clothing and shelter, not bitcoin. Where to begin here?
If your New order will not merge the countries any country will accept to have such coin as a national currency for the simple reason (I am telling only one which is enough) because they cannot own it. And any country will accept to have as national currency a currency which don't own.
Go tell that to all countries that ever existed prior to 1971 when the grand fiat experiment was officially begun. "No countries will ever allow their citizens to exchange commodities" wtf??!?? because Bush Sr. doesn't own all rice fields means we will never eat rice? |
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use zemana for this, it hides your keystroke, it will be harder for the keylogger if it is not a super keylogger or whatever, to identify your typing
What is the website for that service? I don't want to click on the wrong link on a google search an end up with a keylogger! Also, I have NIS installed (norton internet security) will that stop zemana from running and quarenteen it until I remember that it needs to be brought back! it's 100% legit, i'm running it since years and my coins are safe https://www.zemana.com/I vouch for Zemana as well. I have been using it for years and even their free version of the keylogger is working very well and offers great protection! Bwahahahahaa!!!!! lmao, you guys are killing me, stop stop ! throw some more pwnage on top of your stack of actively used exploits on a box that was never yours, you'll be fine really! don't worry, my closed source blob for you to execute will keep your bitcoins safe, look here's a picture of a woman! |
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Bwahahhahaa!!!
If you haven't figured it out by now: don't use proprietary software ever again!!!! Thank me later.
Yes that means any of these handcuff systems like windows or mac that are designed to make computers unusable.
Seriously, grace period is over. Use a real general purpose computer -- today.
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