Well how much better is it, really, do do business with people who avoid liability for their actions?

Seems like kids are the most responsible people, being responsible to their parents and other adults; adults less responsible maybe, then into corporations deliberately designed to let people avoid responsibility then at the top to the politicians who are not even liable for the lives they take by creating laws saying its ok to kill people, or to starve people to death, or whatever they heck else that they cannot be held liable for.

So while from a selfish personal perspective being totally un-liable sounds great, I am not so sure how helpful it really is to the consumers / customers?

-MarkM-

Maybe predicting how soon after getting the new computer you would go putting pirate stuff on it might have helped improve the predictability?

As it seems more likely related to the piracy than to the purchase of the computer?

-MarkM-

As its a jetty app will people be able to put it into their I2P "eepsite" so it runs over I2P? This saves them all the problems of having a known IP address, opening a port in their router and so on, plus of course provides anonymity...

-MarkM-

So does Open Source Alternatives mention any Open Source alternatives to PayPal et al?

If not, why not? (And why would we want to be like them if they don't like us! )

-MarkM-

Many years ago I used to suggest that if we aren't watchful some day no one would be able to even use a simple tool like a screwdriver unless their DNA was derived from Bill Gates' DNA, as the ratchet in the handle would simply refuse to work.

This seems to be heading us there a lot faster than if we had to wait for DNA identification systems that can fit into screwdrivers...

-MarkM-

Wealth isn't leaking from bitcoin, it is being thrown away dirt cheap on fiat exchanges by miners and hackers.

There isn't a lot of point in buying half a million bitcoins hoping they will rise in price if everyone else is meanwhile throwing away half a million bitcoins to hackers or scammers to be sold dirt cheap.

Until people actually value their bitcoins instead of dumping them having lots of alternatives is good, especially if there enough alternatives that no particular one of them seems real tempting to hackers nor even worth mining to miners whose only goal is to dump.

-MarkM-

No, he is bullish on rice (or more accuirately I guess on riceland and its produce), yet is willing to send his shareholders bitcoin.

-MarkM-

Yes, exactly, imagine the number of potheads who do all that just to buy shares of a grow op when they can so much easier just buy the end product on Silk Road.

-MarkM-

Does he collect relics?

-MarkM-

Thaks Joel, you seem to have made good arguments there for putting each issuer on a separate server-instance, as doing so would allow simply zipping the entire server-instance and sending it to the issuer or having the issuer download it.

They could then simply give it to another hosting company to fire it back up for them so they can themselves take care of migrating its contents over to a new server-contract whose private keys will not be accessible/known to the previous hoster.

-MarkM-

There are various Open Transactions servers that are waiting for tor/socks proxy support in open transactions so they can use a .onion address in their server-contract without users having to hack their hosts file to make .onion addresses map to localhost and set up tor tunnel locally to make designated port go to their tor proxy port type of stuff.

In fact some folks run Truledger for now simply because it does have proxy support; but, it lacks markets (offer matching) so they are eager to migrate to Open Transactions just as soon as Tor support is in it...

-MarkM-

So far all I have is a quick batch of HTML tables generated by shell scripts: http://galaxies.mygamesonline.org/digitalisassets.html

However those are produced from include-files that basically just record values in shell variables, like

BTCrate=12.40000000
DVCrate=0.00001825

etc

which would not be hard to suck in to any kind of pretty-chart-making shellscripts or scripts that output formats for various spreadsheets or stock analysis programs etc I would imagine.

-MarkM-

A bitcoincharts type of site maybe? That is kind of what I meant in an earlier post by critics and statisticians and such; sites that help you figure out what assets interest you, which have been performing well and so on so you can hone in on which ones might warrant an importing of their server-contract into your client so you can interrogate their server about actual current offers and prices and such, and place offers/bids yourself, or deposit that cash voucher your granny sent you in your birthday card.

-MarkM-

I guess bitcoin addresses are particularly suitable for this then, since GLBSE can issue new codes (addresses) to people without knowing the private keys to those codes.

-MarkM-

Open Transactions' server is an exchange, and already is free open source software.

What we need is prettier / more GUI-user-friendly clients people can use to communicate with the servers.

There is a bounty offered: https://bitcointalk.org/index.php?topic=105506.0

-MarkM-

Ah gee gosh golly darn it, that darn Open Transactions gets in my way on that part, only way your balances can be changed is if your private key signs off on the change, and those darn keys only live on your machine not on mine. Pout.



-MarkM-

We are getting toward that. Take a look at http://galaxies.mygamesonline.org/digitalisassets.html

Those tables are used in commerce already.

For example a miner deides to shop a million units of deuterium to a General Mining Corp depot to make a payment against his startup loans.

GMC has a price in GMC scrip they pay for deuterium delivered to their depot.

Miner says uh guys actually I want to credit this against my loan, which as your records should show was refinanced in DeVCoin by General Financial Corp.

GMC sends their script to GFC, or, if they happen for some reason to have a bunch of DeVCoin on hand, they send "equivalent" in DeVCoin.

If it is GMC scrip that is sent, GFC looks up "equivalent" in DeVCoin to credit against the miner's loan.

They implement "equivalent" by looking at the latest row of those tables.

Its not all that complicated, really. Banks do it all the time, oh customer deposited USD icheque nstead of CAD cheque? Look on table... Its pretty much normal practice, albeit usually with each bank likely using its own customised version of the table.

-MarkM-

Well maybe explain that to your users and let them use paypal if they want to knowing you will wait the 180 days to be sure they cannot charge back before running their campaign, and recommend if they prefer to start the campaign sooner they look into obtaining some bitcoins?

-MarkM-

Hmm. I am the issuer of the digiBiTCoins, digiDeVCoins etc on my server, and custodian of the wallets the actual coins backing them are in (I would not want to issue tokens representing assets not located in my own vaults), does that present similar "issues"?

-MarkM-

Ah, forced buyback, interesting concept.

Involves someone's balance changing without their privkey signing off on the change. Oops, sorry, problem there.

I guess he won't be wanting to use Open Transactions if he wants to mess with people's balances unilaterally...

-MarkM-