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6161  Other / Politics & Society / Re: 10 top reasons why organised crime would be better than the State on: June 29, 2012, 11:54:35 AM
I'm sorry to hear that. What happened to the rogue cartel member? Was he brought to justice?
No. The crime was cleaned up by the police. The evidence was destroyed. The cartel takes care of its own, even the rogue ones.
6162  Bitcoin / Mining speculation / Re: Will ASIC mining destroy Bitcoin? on: June 29, 2012, 09:30:33 AM
I'm holding out for cheap quantum miners!  Cheesy
6163  Other / Politics & Society / Re: 10 top reasons why organised crime would be better than the State on: June 29, 2012, 08:53:54 AM
I find this repulsive. Having a family member murdered by a rogue cartel member because he refused to do their bidding makes me realize more and more that most libertarians are sociopaths.

[edit] Present company excepted, of course!
6164  Bitcoin / Bitcoin Discussion / Re: [ANN] Buried Keys on: June 29, 2012, 08:37:23 AM
The answers may be a little tricky, but they make sense. They are spelled as they appear in KJV 1611. Buried keys is intended to be a team game if/when the project gets finished and sponsors are found. It was inspired by http://90fmtrivia.org/.
6165  Other / Politics & Society / Re: Rand Paul Votes NO on GMO Warning Labels on: June 29, 2012, 02:24:24 AM
They already cross pig DNA with produce, how long before they cross people DNA with soy lentils?  Cheesy
6166  Bitcoin / Bitcoin Discussion / Re: [COMPILATION] Magic of Bitcoin on: June 29, 2012, 01:21:37 AM
#3 Untracable style (http://www.imdb.com/title/tt0880578/) murders
Bitcoin payment based voting via website with webcam feed for whether someone lives or dies

(It's only a matter of time before someone does this. Mark my words.)
It may take something like this before people start watching for the signs of sociopathy and intervene instead of leaving abnormal behavior to professionals.
6167  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Freicoin: demurrage crypto-currency from the Occupy movement (crowdfund) on: June 28, 2012, 08:29:14 PM
Since Matthew's Ellwhatever is supposed to run other cryptocurrencies, Freakoin on such an uber gizmodoohickey will blow up the crypto world!  Cheesy
6168  Bitcoin / Press / Re: 2012-06-27 newscientist.com - Freicoin: Occupy's online currency for the 99 per on: June 28, 2012, 11:13:53 AM
This isn't the first time we hear about Freicoin, of course. It can be traced as early as Feb 2011, though I haven't heard about it until April that year.

PoS will ensure that a 51% monopoly will form to conspire to block transactions from people they don't like.
I don't believe in PoS either, or at least, not in that thing which you call PoS and has all these awful problems. Since getting 51% of all bitcoins is harder than getting 51% of all hashrate, it will be harder to perform an attack in any of the proposed PoS systems than in a pure PoW system. Not to mention they have some resilience even for 51% of bitcoins by one party.
I'm not sure that 51% of the current BTC are not already in the control of just a few people. There is no way to know. At least in a PoW if there is a 51% attack, you'll know which miners are sending altered block chains and they can be isolated.
6169  Bitcoin / Bitcoin Technical Support / Re: Bitcoin dirty money detection tools on: June 28, 2012, 10:59:40 AM
It's a good idea to have tools that track stolen BTC for law enforcement purposes. It doesn't make much sense to confiscate them except maybe temporarily while investigated.
6170  Bitcoin / Bitcoin Discussion / Re: Filtering taint vs. shunning green on: June 28, 2012, 10:45:49 AM
Can I have your donation address?

*sends tainted satoshi*
I could alway isolate that from my wallet and not use it. That doesn't answer my questions.
6171  Bitcoin / Press / Re: 2012-06-27 newscientist.com - Freicoin: Occupy's online currency for the 99 per on: June 28, 2012, 04:41:26 AM
As a last resort, there can be some change to the protocol, but nothing as drastic as demurrage or PoS.

Oh, don't be that sure. For me, PoS is a pretty logic thing to do and apart from people that invested a lot of money in mining hardware (BFL for example), the average user of bitcoin would profit a lot from PoS. Demurrage would be 100% contrary to why many of the people use bitcoin in the first place and would worsen the problems PoS would fix (too much money burned in mining).
Here we go again. Demurrage is basically printing bail out money for the miners who will be like the big banks under this model. PoS will ensure that a 51% monopoly will form to conspire to block transactions from people they don't like. You might as well call this the King's Coin.
6172  Bitcoin / Bitcoin Discussion / Re: Am I missing something here? on: June 28, 2012, 03:15:31 AM
When m-of-n transactions are implemented and combined with open transactions, Wall Street will become obsolete.
6173  Bitcoin / Press / Re: 2012-06-27 newscientist.com - Freicoin: Occupy's online currency for the 99 per on: June 28, 2012, 02:44:38 AM
At first I was a fan of demurrage. I think it originally addressed the incentives for miners later in the game. That's also the main argument for Proof-of-Stake. However, incentives for miners down the road when block rewards are small can be addressed by real-world solutions in network management and transaction fees. As the former decreases in cost, the latter increases in value. They should maintain equilibrium. As a last resort, there can be some change to the protocol, but nothing as drastic as demurrage or PoS. Besides, the usefulness of Bitcoin will help the global economy grow in real ways, not through hypothecation. We'll see real progress, invention, innovation, and freedom foster a much higher quality of life and those fees we pay for using Bitcoin will feel well worth it.
6174  Bitcoin / Bitcoin Discussion / Filtering taint vs. shunning green on: June 28, 2012, 02:18:46 AM
Since it appears that taint is detectable can I then presume that transactions from tainted addresses can be then ignored? If so, then if green addresses are forced upon a population, can they also be considered taint and ignored. Would it then follow that any tainted or forced addresses could then be forced into a forked block chain by those that oppose those practices?
6175  Bitcoin / Press / Re: 2012-06-27 newscientist.com - Freicoin: Occupy's online currency for the 99 per on: June 28, 2012, 01:16:48 AM
I'm all for it as long as you can use it to buy Bitcoin.
6176  Other / Beginners & Help / Re: What kind of music do you enjoy? on: June 28, 2012, 12:57:27 AM
There is nothing on Earth like Mormon Rock. http://www.youtube.com/watch?v=CS8ZfVTE4SM
6177  Bitcoin / Project Development / Re: Idea: Site to identify Street Musicians on: June 27, 2012, 10:28:13 PM
There are different types of street musicians. Some have their own websites. Encourage them to accept bitcoin and advertise it. Maybe one will write a hit song about BTC. There are also homeless entertainers. I'm not sure how ethical (in toay's society) to advocate for them because some may exploit them through fraud.

Maybe someone like casascius should make charity bills with seals that you only break when a good balance is achieved. The person could then cash it in with a local charity organization for fiat.
6178  Other / Beginners & Help / Re: Are Bitcoins legal? on: June 27, 2012, 01:16:18 PM
The other possibility is that government will force companies to register a particular bitcoin address or addresses as being the payment address for given individuals.  Governments would actually love this, as your income would be written in the block chain.  It could even be automated so that they get their tax even quicker... the government issues a tax payment address per employee to businesses.  The business then has to pay employees in a single transaction that pays both the tax and the employee in one.

What fun we have in store, right?
Would there be a way to filter out processing transactions to/from government assigned addresses as a form of protest?
6179  Other / Off-topic / Re: FBI credit card data sting snares 24 worldwide on FBI-run online forum (lulz) on: June 27, 2012, 12:13:43 PM
They should set up a sting like that on SR using TOR and BTC. They might get a lot of people taking them up on their offer. Catching them might be trickier.
6180  Other / Off-topic / Re: Bitcoin memes! on: June 27, 2012, 03:09:14 AM

Would that mean Satoshi is Sauron?
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