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6041  Economy / Economics / Re: Losing coins forever on: February 01, 2013, 08:31:19 PM
I guess in some (tens of) years with powerful computers the private keys for current addresses will be cracked and those coins (that will not move since) will return to the system

This is indistinguishable from theft and thus not a desirable outcome.
6042  Other / Politics & Society / Re: Tax-free coins on: February 01, 2013, 08:29:11 PM

I love this argument, no taxes always mean violence and dead people on the street while completely ignoring how many wars are funded through public spending Tongue

No, no. You misunderstand. You just need the right people in government. And the right people is me, of course.
6043  Other / Politics & Society / Re: Apparently this London mural is anti-Semitic. on: January 31, 2013, 10:21:14 PM
Hmm. Maybe I am part of the conspiracy. I wouldn't put it past me, I'm sure I'm hiding something...

Ah-ha!  I knew it.  Which one of the old guys in the mural is you?

I'm the one with the giant gherkin




6044  Other / Politics & Society / Re: Another libertarian wants to start their own country. This time in Detroit. on: January 31, 2013, 07:05:31 PM
You could probably buy the whole of Detroit for 6.5BTC considering they are buying up houses just to knock them down.
6045  Other / Politics & Society / Re: Apparently this London mural is anti-Semitic. on: January 31, 2013, 07:01:05 PM
I don't really care much either way but anyone claiming there isn't anti-semitism hasn't been keeping up with their crazy, right-wing, zionist conspiracy theories.
Ah, I didn't say there weren't crazy, left-wing, zionist conspiracy theories as well Smiley

And you didn't say there weren't sane zionist conspiracy theories.  But the glaring omission implies they exist "as well," by your logic.   Wink

Hmm. Maybe I am part of the conspiracy. I wouldn't put it past me, I'm sure I'm hiding something...
6046  Economy / Speculation / Re: Significant press today on: January 31, 2013, 05:27:01 PM
You also can't eat gold.

That's why its good to have a large quantity of Bitcoins, but at the same time have some gold and silver buillion (one ounce coins) to spend in an emergency if the Internet is unavailable for a period of time. For example, after an EMP (electromagnetic pulse).

Exactly. Diversification is the key. We watched that "Doomsday Preppers" series recently and couldn't believe the people who prepared for one specific type of event to the exclusion of any others, often when it would only take a slight modification to their strategy to be more generally prepared. Hyper-focus and obsession need to be guarded against.
6047  Other / Politics & Society / Re: Apparently this London mural is anti-Semitic. on: January 31, 2013, 03:26:30 PM
I don't really care much either way but anyone claiming there isn't anti-semitism hasn't been keeping up with their crazy, right-wing, zionist conspiracy theories.

Right wing?  The right wing likes Zionism.  Even more than they hate Muslims!

They've completely linked Jesus and Israel.  I call their conflation of idolatry 'Jesusrael.'

They love the idea that the existence of a state called Israel proooves the Bible is true and that Jesus is coming back (real soon, any minute now).

You should to to Democrat Underground or Daily Kos and drop in to a George Soros thread if you want to see crazy anti-semitism run amok.

Ah, I didn't say there weren't crazy, left-wing, zionist conspiracy theories as well Smiley

6048  Economy / Speculation / Re: Bitcoin will never reach $20 again on: January 31, 2013, 03:22:57 PM
If not now, when? If not me, who?

https://bitcointalk.org/index.php?topic=140301.0
6049  Economy / Speculation / Bitcoin will never reach $30 again on: January 31, 2013, 03:22:14 PM
OK, that's a lie. I'm thinking September/October 2013. What do you think?
6050  Economy / Speculation / Re: Significant press today on: January 31, 2013, 03:17:19 PM
Gold is real and you can hold it in your hand and most importantly it does not need electricity or the Internet to exist. If there is any shortage of electricity to power computers or other devices needed to get to bitcoins or to run the servers it needs to run the block chain or the Internet then bitcoin no longer exist. Gold has been treasured for centuries because if its durability, something bitcoin does not have as long as it depends on electricity and the Internet to survive.

Bitcoin is real and you can hold it in your brain. And I'd argue that bitcoins are more durable than gold. (Can you make backup copies of your gold?) The bottom line is that people who claim that gold is better than Bitcoin because it's "physical" are confusing cause and effect. Gold's corporeal nature is a bug, not a feature. But it was that corporeal nature that enabled gold to function as a decentralized money (what you really care about). Decentralization is critical to prevent manipulation / debasement by a centralized issuer. But that decentralization came at a cost: gold is (from a modern perspective) terribly inefficient as a medium of exchange. On the other end of the spectrum, modern electronic fiat is a much more transactionally efficient money. But that just trades one problem for another (and larger) one. Centralized currencies give tremendous power to the issuer. And power corrupts. Bitcoin is not revolutionary because it's "digital" or "virtual" (so are the vast majority of dollars). And Bitcoin is not revolutionary because it's decentralized (so is gold). Bitcoin is revolutionary because it's BOTH.

You also can't eat gold. If things get so bad that the Bitcoin network is inoperable, you'll be taking your sackful of gold (you bought real gold and not certificates, right?)  over to the neighbors to trade for food and they'll shoot you as a threat (and then take your gold). Water, food & ammunition are hedges against such a scenario (though there's a slight issue with that third one at the moment).
6051  Economy / Speculation / Re: Bitcoin will never reach $20 again on: January 31, 2013, 02:58:57 PM
Someone start a "Bitcoin will never reach $30 again" thread.
6052  Other / Politics & Society / Re: Apparently this London mural is anti-Semitic. on: January 31, 2013, 03:07:08 AM
I don't really care much either way but anyone claiming there isn't anti-semitism hasn't been keeping up with their crazy, right-wing, zionist conspiracy theories.
6053  Economy / Speculation / Re: Significant press today on: January 31, 2013, 03:00:21 AM
These are not unsolved problems either. Mesh networking is surely on the way and limited power independence will arrive in good time (without the need for government to throw money at it, I'll add).
6054  Other / Politics & Society / Re: All SSL Certificates can be spoofed: TURKTRUST on: January 30, 2013, 08:58:31 PM
The only correct way to do such security is to receive the certificate fingerprint directly from the party or have someone you trust provide it to you.

This is kind-of the way it is done with the CA system except you are trusting the CAs because the browser providers put some default providers in there because... Well, do you know why? Do you know what requirements the browser providers make of the CAs to warrant them giving them your trust by proxy?

The truth is that it's a pretty shoddy system and definitely a result of convenience over security. I still use it because risks are low and I don't consider other options to be realistically worth the hassle. So convenience over security for me too but I'm doing it by choice. There are many (most) people out there who are unaware of the implications.
6055  Other / Politics & Society / Re: But who will build the roads? on: January 30, 2013, 08:39:31 PM
http://www.youtube.com/v/bvFWQYiR-DM

Why does the editor have a [flash] tag if it doesn't actually do anything?

Every time you use it, Theymos waves his meat & two veg at the nearest bypasser.
6056  Other / Politics & Society / Re: Was the Great Pyramid a Giant Lightening Rod? on: January 30, 2013, 08:33:55 PM
Jeez, nobody watch Stargate SG1?
6057  Other / Politics & Society / Re: How Government would regulate bitcoin. on: January 30, 2013, 08:10:33 PM
I'm wondering if we might start to see hybrid payments. Part bitcoin, part dollar. Dollars to pay expenses based in dollars and Bitcoin for real money. It sounds like it would be overly-complex but there way be a way to make it run smoothly.
6058  Other / Politics & Society / Re: Apparently this London mural is anti-Semitic. on: January 30, 2013, 08:07:12 PM
On balance, I'd say it probably is (anti-semitic). The features of most of them seem quite clearly to be caricaturized stereotypical Jewish.

As to the reaction of covering it up? Down to the property owner, I'd say but the UK has all kinds of anti-hate speech and other thought crimes on the books now.
6059  Economy / Speculation / Re: [poll] - The U.S. Dollar Collapse Is Accelerating on: January 30, 2013, 07:56:20 PM
Yes, all government does is waste capital because it has no pricing mechanism to perform economic calculation like the market that arises from voluntary human action.

This is less of an issue than the fact that in the waste of that capital, it consumes goods services and labor.

For example, Instead of doing something that helps grow the economy, Billy Bob is standing around in the airport, frisking up innocent civilians. Jimmy Joe is managing Billy Bob and friends, Mary Sue is managing their payroll, Marky Mark is cleaning their crapper, Big Dave is building the office they all work in and *it's all for nothing*. Repeat this many, many times over. It's a tragedy of waste.
6060  Economy / Economics / Re: German gold reserves hauled back to Germany on: January 30, 2013, 05:46:11 PM
It's important to remember that Europe is having its own issues right now so stunts that are a distraction are to be expected.

Not that the Germans don't have reason to be genuinely concerned, of course.
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