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Trying to teach a stock broker about Bitcoin is like trying to teach a two year old that it's not okay to steal a baby's candy. Either way, there is going to be a lot of crying.
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Whenever someone suggests a Utopian type society, I recommend writing a short story about it. Kurt Vonnegut and others have created a great deal of commentary on such ideals. It's not so much for anyone else to read, but to see if you have really thought your ideas through.
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Can someone design a B with two lightning bolts or swords piercing it?
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If I use windoze, meow do I do that?
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Great story. I'm not against Anarchy of any type, it's just that it will take many many generations before it is accepted by the masses. It will take great writers and visionaries to prepare the road for them. |
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Whats to stop private people from using guns to do things more efficiently? Using guns (violence) is not more efficient when they other guys are also armed. And thus, I am required to walk around with a gun. That's coercion, in a sense. Nobody's forcing you to walk around with a gun. Permission is not coercion. No, your society forces a certain style of living upon one. That's right, those with the biggest and most guns make and enforce the laws. How is that different than government? "Those with the biggest guns make the laws" is government. AnCap is based on the realization that violence is not the best way to do things. "No person has the right to initiate the use or threat force or fraud" You are not required to walk around armed. You're free to be defenseless, if you so choose. Forcing other people to be defenseless because you prefer to be, however, is coercion. There's a lot of choices in life. Just because you choose to be nice, doesn't require anyone else to reciprocate. |
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Whats to stop private people from using guns to do things more efficiently?
Using guns (violence) is not more efficient when they other guys are also armed. And thus, I am required to walk around with a gun. That's coercion, in a sense. Nobody's forcing you to walk around with a gun. Permission is not coercion. No, your society forces a certain style of living upon one. That's right, those with the biggest and most guns make and enforce the laws. How is that different than government? |
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Whats to stop private people from using guns to do things more efficiently?
Just gun laws and lack of funding for the moment. Bitcoin is changing that though. Who will enforce gun laws? |
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Whats to stop private people from using guns to do things more efficiently?
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I would think this would help stabilize price.
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If a beautiful woman asked me to.
If I was threatened at gunpoint.
If such an action would save the world from obliteration.
Nope, can't think of a good reason.
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If a solution like this were to be implemented, then hundreds of thousands of Bitcoin nodes would each have to consume about 400 bytes of disk space and bandwidth to relay a transaction to ensure that 1 person isn't exposed to the risk of storing and seeing a 2000 byte spam message.
Bitcoin currently lacks the scalability to handle one transaction for each time anybody anywhere sends an e-mail.
Actually, I was thinking along the lines of creating Executive Class Email. It would be cost prohibitive to send spam or even a lot of common email this way. It would probably be very popular with iStuff users. |
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I think it's a great idea, and it has been suggested before, except for the chrome part. If nothing else, it would give a way to not only help fight spam (which some people think no longer exists), but also an easy way to encrypt mail. It is a micropayment which will tax the Bitcoin Network a bit, but it can be designed to be supported by mining pools to pay them the fee directly.
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2018
That makes me wonder if even the USD is even around by then  That makes me wonder if the US is still a sovereign nation by then. |
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That book should have been named "How to steal money from people legally." The next book on how to use crypto-money can be named "Everyone Gets to Keep the Money they Make."
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got there Presidential suite I think its a 3 star hotel not 4
Heh, I wanna live in a country with a prez that stays in 3 star joints. |
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So, what's the scenario? I go to a restaurant, but I don't have my bitcoin wallet with me, or I don't have wireless Internet connection nor a way to create offline transactions. I take out my real wallet and give the waitress a 2x 1BTC and 3x 0.1BTC sheets for my 2.3BTC bill, they happily sweep the keys.
Let me illustrate the scenario with change: suppose you have ten 1 BTC bills in your wallet. Waitress hands you a ticket for 2.3 BTC. You hand her 3 of your bills and are owed 0.7 BTC in change. She comes back and gives you 0.7 BTC on one of your own bills as change. Actually, with this being a restaurant, it's more likely that she brings you back seven 0.1 BTC bills that the restaurant had custom-printed, to make it easier for you to give a tip. In all cases, either party could screw the other, but the risks and likelihood are mitigated just by the amounts in question being so low. Compare that to the risk faced every day by leaving cash tips on the table, or the risk that someone could just grab the cash and not come back, or could come back and pretend it was never given to them. Here's an approach to where you'ld only carry a couple of these with you, but a transaction to the change address on one goes to fund the next (sequential) bill you carry:  - http://bitcointalk.org/index.php?topic=74978.msg831067#msg831067That way you one spend one bill per transactin, and the retailer never has the private key for any of your funds except for the one you handed over to be spent. - http://bitcointalk.org/index.php?topic=74978.msg831067#msg831067If/when we have clients that support multisig, we can put a second signing key on the back-side of the serial number n+1 note. |
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I start to feel guilty about how much money I make and all the starving children in Africa. It is a shame how we justify our lifestyles when so many are suffering. So to feel better, I cash out some Bitcoin to spend on strippers and massage parlors.
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Something's gotta give. They are running out of financial sectors to inflate. Eventually, the currency itself is going to bubble and pop. Either the dollar will be re-issued at 10:1 to pay off the national debt, or they will just have to run the presses to keep government and debt going. Either way Bitcoin will be worth 10x what it's worth now.
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