Under your guidance, they'll come around. It depends on the individual. If a person's income is derived directly or indirectly from the exploitation of others they tend to remain deliberately obtuse when it comes to certain basic facts of economics. |
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Is the human soul really made in way that makes it vulnerable for such scams by nature? No, it is not. The reason we know that humans aren't naturally vulnerable is because society must spend a great deal of time and effort indoctrinating children with propaganda, bribes and threats in order to make them believe various myths. Observing the behavior of people who have been through cultural indoctrination and making inferrences about human nature based on their behavior makes as much sense as looking at someone who just got hit by a car and using their injured condition to make inferrences about human physical capabilities. "I guess humans are non-ambulatory by nature because this one can't seem to walk." |
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How many of the people who have a problem with civility will respond in the desired manner to a public plea?
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When you save money, you produce but do not consume. That's great. You deposit but do not withdraw, loaning everyone else use of the benefits of your labor. Deferred consumption should be rewarded as it's a form of investment. No - deferred consumption should be encouraged, but not rewarded, because my friends and I want to enjoy the benefits of plundering that excess production. If a buch of people don't produce more than they ultimately consume how else is a ruling class going to live like royalty without ever producing anything at all? |
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AbelsFire - how would that work? - "out-of-band to the user's wallet software"?? You could use any number of ways. If you wanted to reuse existing networks it could be as simple as a bot that moniters a Twitter stream for messages that say, "Plz send me bitcons: X.XXXXX". Although something with a bit more authentication and privacy would probably be preferred. Think of a Twitter-like service where all the messages are encrypted and signed using GPG keys. You give the electric company the public key of your wallet bot and they give you their key fingerprint so you can verify the requests are really coming from them. When they want to bill you they encrypt an amount and a payment address and publish it to your feed, and your wallet software validates the request and pops up a notification on your computer for you to approve the transfer. Alternately the client could be made to auto-approve certain requests. Going one step further the service which is routing all these payment requests around could offer an escrow service. The payments are sent from a multisig address and the escrow service authorizes the payment after X days if you don't dispute it. |
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You could emulate a pull system by having the payee send payment requests out-of-band to the user's wallet software which either prompts for manual approval or automatically approves, depending on how comfortable users would be with automated payments initiated by software under their control.
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When talking to people whose objection to Bitcoin is illegal activity then Silk Road is only 2% of the Bitcoin economy.
When talking to people whose objection is that Bitcoin is all speculation and no commerce then Silk Road is 98% of the Bitcoin economy.
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Buying bitcoins via cash deposits + Bitcoin denominated debit card + SatoshiDice = ?
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Sounds like a job for BitPay/Paysius.
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WHY? It looks to me like it's how Bitinstant is ultimately going to destroy Western Union. As long as MasterCard is accepted in the recipient country, and the cards can be used internationaly, it makes it very cheap to transfer purchasing power from people in developed countries to their relatives back home. |
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Just think of the embarassment Bitcoin could have saved William J. Jefferson. Bitcoins are far easier to accept discretely than a freezer full of cash.
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Bitcoin is an impressive enough innovation that I do not think governments would try and shut it down unless it became a hotbed of criminal activity. Your understanding of the goals and motivations of the people which make up governments appears to be based on a fairy tale. As soon as Bitcoin grows to the point at which it can support large scale money laundering it will be useful for moving kickbacks, bribes and misappropriated funds, at which point politicians and bureaucrats will enthuastically embrace it. |
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Now the Fed clients (major banks) most certainly benefit indirectly from the actions of the Fed. By "clients" do you mean "shareholders"? |
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I have to live like this cuz adults made decision to put substance into their own bodies and I gave them a safe way to do so, fuck me, right. Don't take this personally but gold-plated pensions for prison guards don't grow on trees and neither do the contracts to build the prisons nor opportunity for bored cops to play soldier with fancy military toys. It's all for the greater good, you see. Besides if those substances were legal competition would drive down your profit margins into the single digit percentages, just like regular retailers. |
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Simple version. Central banks can't fail. They can generate infinite reserves and destroy infinite amounts of currency in order to manipulate the exchange rate. While they may make a "profit" it isn't their intent to do so and just as often they lose money in these transactions. I agree overall with your post except for the part about not profiting. The central bank, as the first spender of the newly-printed currency, is most assuredly profiting. They are gaining control of, in your example, dollars for free. |
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and with a VPS you have more control over the software No, you don't. If you don't have physical control of the machine you only think you have control over the software. The hypervisor which manages your virtual private server is what actually has control. A unscrupulous VPS operator, or one has the police show up on their doorstep, can log everything that happens inside your VPS whether you delete the logs or not. It's exactly the same risk as a VPN. |
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There's no taking out the intermediate wastes, reprocessing them into fuel, and putting them back in. Many people strongly object to molten salt reactors when they hear about online reprocessing because they hear the word "reprocessing" and immediately think "dirty, dangerous and expensive" without realizing how little liquid fuel reprocessing resembles solid fuel reprocessing. |
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To be honest, if your using a VPN service people are crazy, just use bitcoins to buy a VPS, then setup your own VPN so you know the logs are being deleted.
If you're worried about a VPN service provider being untrustworthy and/or coerced there's no reason not to be just as worried about a VPS service provider. |
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Well doesn't that refer to the reprocessing part of spent fuel? In a LFTR, there's no reprocessing. It all just stays in there until it comes out as 237Np. Or whatever the actual end product is. I'm not a nuclear engineer. Reprocessing is for solid fuels. That's not quite true. The transuratics are less involved in a thorium cycle, but there are more in a liquid reactor design, and since transuratics are a neutron 'poison' they would have to be delt with on an ongoing basis. While the processing of a liquid core is technically easier than a spent solid core, it's still very real. A molten salt reactor requires ongoing reprocessing to remove fission product poisions. This form of reprocessing is very different from solid fuel reprocessing because it's just a matter of adding a fractional distillation column to the existing piping. There is no requirement to transport or manually handle the waste and the isotopes which can be burned get inserted directly back into the fuel salt instead of manufactured into new solid fuel elements. Actinides can remain in the fuel salt indefinately until they are consumed. Any negative reactivity they add can be easily compensated for by increasing fuel concentration. This is something trivial to accomplish when the fuel is liquid but impossible when the fuel is solid. LFTR does not produce transuranic waste because all the transuranics are consumed internally. That's why the waste that is removed from a LFTR will only require 300 years of storage instead of 10000. |
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Who cares about the exchange rate? Just use Bitcoin as a payment processing tool and you don't need to worry about it.
You are adding actual value to the economy by producing products and/or services that other people want to buy instead of hoping to get rich from gambling (speculation), aren't you?
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