With a swarm client handling the growing network and better physical payment solutions btc will take down the fiat and banking world.

I think it will surprise even bitcoiners.

Don't know how much protection they need, but with TOR they could operate like SR... although likely only for torrents..

Perhaps just saving funds as BTC and switching servers now and then would be enough.

I too think there's an element of "chicken" going on here - "how long will I risk riding this soon to bust rise?".

That said; TizzyTazzy's mind washing technique has proven powerfully effective.

"Honor follows no rules."

Or: If you make it a rule then it becomes social convention to do one thing or the other, not a choice of self imposed dignity.

Make this happen.

Kim must hate the US more than anyone. Imagine if BTC/tor hidden services became the new way to pay for/access illegal downloads.

Haha imagine if pirate stole the coin, but his maybe-ponzi turned out to be legit

A: "Bitcoin is not backed by anything, its a ponzi!"

B: "Bitcoin is the ONLY way to buy cocaine safely online."

A: "That's reprehensible! ... Where can I get some bitcoins?"


I think we need a new slogan/talking point: "Bitcoin is backed by cocaine".

Sure its ugly, but its also a hard truth that as long as SR and similar are running BTC will never die - that's backing.

Some people really like established businesses.

I have this friend that's super smart, but all his ideas and investment proposals are firmly in the consumerist market - because he sees it as big, old and stable.

I think he gets BTC are safe and easy, but he correctly points out that the conversion fees to fiat and back are eating the advantage and that like all things BTC rely on faith which could be shaken in a financial crises like other things.

As a marketing man, he cannot imagine something growing on its own, let alone taking over the market economy or solving the chicken/egg problem.


Personally I believe humans are not like water or sheep; they will actively object to inflation and move to something better once they see the issue. Even if there is an upfront cost, because we are irrational and get pissed.
We can DESIGN the chicken and egg at the same time.

BTC has grown more in 3-4 years than ANY marketing campaign could have accomplished. Ideas really do take down empires. BTC needs a little work on services and software, but so did the internet 10 years ago.

Cool, I miss BTC news.

Article is pretty wavering on BTC though, first saying its brilliant then implying that flyer miles or linden dollars are a better currency or that BTC is just one of many.


People need to get that BTC != virtual currency.

While technically it's virtual, its a cryptocurrency, a whole new thing - and largely the only serious player in its field.

You can't put a paypal account on paper, with bitcoin you can. Technically you could write out the blockchain on paper along with your keys and save it 10.000 years and it would still be there and could technically be rebooted.

Virtual currency exists ONLY in some virtual world/server, BTC coin exists also in the physical network between computers.

Futures sounds like pure gambling to me honestly.

Who cares if they cheat while gambling? All part of a good poker game if you ask me.

But yeah sure BTC is nice.

I have heard that was what happened on some alt-chains at reward halving so its not entirely unfounded.

That only factors in speculators. Real users of BTC will only care about dumping all their fiat into BTC and sending it to someone who may then convert it back to fiat.

If such real use is a major part of BTC now due things like SR, then a doubling might not be priced in at all before the halving.

If I had spare cash I would still buy in now, but I wouldn't be too surprised to loose on the short term with value going down to 5.5 or so during the summer.

Search "swarm client" on this forum.

Until thats developed just use electrum

Well such publicity as this is sure to bring attention to BTC and raise rates if it hasn't done so already. Its not like you can use silkroad without knowing BTC.

I don't mind them fear mongering, it will just make us look stronger when "the angry mob" hits a freaking wall.

Lol that also applies to BTC software... Anyway I will just go ahead and use my freedom to "waste my time"

@opticbit
A wiki is a nice idea. I don't know how to set one up though.

A mailing list should also be possible.

Still at the moment I favor my smartcard idea as that will also teach me basic BTC skills I will need for this/fund any operation.

@Traktion
You don't have to join us or anyone else, we are just talking about software.

As for companies being oh so nice, you forget how oil companies poison the environment and decimate local tribes. You also forget their private security officers.

He said no such thing.

Just that IF society (anarchist or otherwise) cannot handle outside influence, then its BS.

Governments can be very different, not all are violent oppressors and on small scale most types of ideology actually perform better. Perhaps the solution is many small "countries" of 1000 people and a military alliance - whatever the solution, its likely not Russia/Somalia.

If you have a real solution besides anarchy, please do tell.

Thats just fine, C# is much like Java anyways.

How about you Vitalik, wanna join?

I think it will be a big project, might take a year. That's why I wanted to make the smartcard and earn some money with a job also and then do the OrgProtocol.

EDIT: Perhaps also specify the hours you will have. I think I will likely have a day (8 hours) a week.

My work of the last 6 months was an organizational framework, it should allow most organizational structures including what you describe via plugins.

Using that as a rough starting point for the P2P version we could later easily implement the organization types we each believe in and go our separate ways.

Companies go bust when they mess up or get a bad leader, your community will not have that option as going "bust" could mean very nasty things.

Keep in mind that shareholders also vote, so given that corps still go bust at times, trying to find better voting methods seems a decent idea to me.

My own ideas are more systematic; I have tried to minimize voting to a fail safe while focusing on promoting only the best to leadership - precisely because voting seems to fail too often for my taste.

That is however not important when discussing a "P2P OrgProtocol". Anyone got a better name?

I was thinking community or my family, but yeah right with you.
My ideas where the same on that front, then it finally hit me that the clients don't need to hold, only distribute funds as per the social contract.

I would be very interested in working with you, even if you can't code, however I think we will need to be 3 minimum.

I am planning to program a BTC smartcard if possible as my next project to raise some funds, but a lot of the work overlaps.

If more show interest in working on this I might temporarily drop one project in favor of another.
I think Hazek and I silently agreed to disagree.

You guys sound like I made clone/fake accounts...

I like the compass, I'm a "leftwing libertarian". Not sure that's possible, I call myself a positivist-technocrat which is likely a progressive in the US.

+10 for Hawker.

I get why people are hating on governments, but we seriously need to try to find some solutions, not just abandon all society/civilization.