It's called open source The community is already guaranteed to continue. It would be useful if somebody else had commit access to the SVN and there was an explicit plan in place to continue in Satoshi's absence. why? it's not the only SVN service in the world, what actually matters is the bitcoin.org domain Well, it's not decentralized like git.
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no, because Throughput will just say that someone will hack the person in possession of the key and compromise it.
You win the 1BTC Kiba Giggle Award.
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You seem to have reworded some questions but I don't think they are any clearer. Sorry.
The best answer I can give to any of these questions is: "Maybe"
Perhaps you'd be better off using the search function to find the threads where these issues have been discussed and deriving the questions from the answers provided.
I understand all the questions. I am just not sure how to make clearer for you.
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Objections/Concerns1. Does Bitcoins violate the Mises Regression Theorem? http://bitcointalk.org/index.php?topic=583.0 (If somebody wants to summarize it, that would be great.) 2. Is Bitcoin inflation proof? 3. Is Bitcoin legal tender? 4. What if bitcoin economy is deflating and everybody is hoarding? I added a few questions, but nobody wrote a full answer to the questions yet.
I don't know how to answer these questions. Perhaps others have similar problems. 2. What does "Inflation proof" mean? 3. What is "legal tender"? 4. I don't understand what this question is asking. If the bitcoin economy is deflating and everybody is hoarding. then: The bitcoin economy is deflating and everybody is hoarding. I clarified some of the questions.
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I added a few questions, but nobody wrote a full answer to the questions yet.
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I made a bit of cash in the process, but the rise was totally unanticipated, so I missed out. However, it could be worse.
Currency trading is fun, but essentially it's gambling. I strongly advice anybody who earned on the market to pull a portion of what they earned into their little piggy bank, which I plan to do by the end of the week. It's also a good idea to not trade everything you have.
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Right. The important point here is that it was the central bank (= Fed) who create the bubble by having those credit mechanisms, and now the market has to correct it.
So, why allow credit in the first place in BitCoin, when the cache itself can inflate as the economy's needs grow.
My point is, implement in BitCoin the mechanisms which allow the majority of peers to control the supply. (Not so that things would get out of control, but some leeway.)
If the market want credits, they will get it. Beside, bitcoins is already decentralized. What more decentralization do you want? What the hell are you asking?
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For BitCoin it makes no sense to have a few entities generating credit out of thin air, when BitCoins can be directly generated out of thin air by individuals (well, it's indirectly from electricity). However, such entities would start popping up and create credit if the BitCoin supply remains limited.
I mean, then people could just use Ripple and be done with the whole concept of medium of exchange.
I am not sure about what you mean. It's impossible to have a central credit or central bank in the bitcoin economy, unless we're talking about a very good bank that crushed the competition.
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FFFUUUUUUUU...
Just one more reason to vote in November.
The only certainty is that a politician will win. AMEN! Doesn't matter who is in control. All they want is the control. Do any bitcoin users have carrier pidgeons? Maybe somebody should develop flying delivery bots for small delivery.
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BitCoin should not aspire to replace money (what is money: gold, fiat?), but aspire to replace what works as money (= the money supply, which includes credit).
Money is whatever people agree to use as a medium of exchange. Thus, bitcoins are money.
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In spite of suggestions that Moore's law is going to somehow stop It is physically impossible to build a transistor smaller than an atom. So yes, Moore's law is going to stop. [/quote] For now, our understanding of physics said it would be impossible.
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Is it possible to link shipping option to the exchange rate of bitcoins?
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Google is good, but his adversary in his fight with SEOs is numerous and well funded. Well, okay, SEOs of the wolrd are not well coordinated, but everyone is trying to fool Google at his best and periodically manages to inject his noise into the list of high rated links.
Google have more resources than black SEOs will ever have. Google have thousand of engineers, testers, etc, at its disposal, and then they will just use YOU. Good SEO people will work with Google, not trying to game Google. By the way, have you asked yourself, why can't you change the order of results, that Google provides to you? What if it's rating method does not correlate with your's? Why you are not allowed to propose your own ordering?
Everytime you search, they use that data to make better ordering over time. And after all, I don't believe, that a machine will have a chance in separating informational noise from precious bits. Well, I believe, that only a human may do that the best, but I can only trust results, that came from a trusted human or trusted community. I hope, I will find that I search . Human intelligence has given us Google. Look, if somebody thought they have something that could kill google, they would have won by now.
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Guys...time to make a better economic FAQ. This is the starting list... Objections/Concerns1. Does Bitcoins violate the Mises Regression Theorem? http://bitcointalk.org/index.php?topic=583.0 (If somebody wants to summarize it, that would be great.) 2. Is the bitcoin economy safe from inflation? 3. Are Bitcoin legal tender?(Do people really ask this?) 4. What if bitcoin economy is deflating and everybody is hoarding? Would that lead to a collapse? Update 1: Added more questions. Feel free to provide answer. update 2: Clarify questions.
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I'd like to have not only a recommendations exchange system, but also a link sharing, to supplement or maybe even subvert the internet search machines like google. That kind of search machine will be human powered and will be less SEO-affected, so will contain more useful information and less noise and advertising.
Google is quite good. The only thing I am worried about is the data falling in the wrong hand.
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Well, I'm not sure what the perfect system is but majority/democracy is certainly not it.. I think people in here knows that democracy can be pretty dangerous.
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I was thinking of selling my gameboy games collections that I never am able to play again. Then I realize that I didn't think about shipping.
Anybody got advice on what shipping options I should choose?
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We should also define volume: I've always interpreted it as the sum of the values of the trades that completed within the last hour.
I thought volume is defined by how many bitcoins were exchanged in the last 24 hours.
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YOU WIN 20 BTC! Now all I need is your address for you to claim Kiba's AWESOME POST prize. Edit: got it.
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