I, too, am against anti-trust laws. They mostly cause more problems than they solve, and often create unnecessary market inefficiencies.
Mostly because they are only enforced against the competitors of the companies that bribe the right politicians/bureaucrats. |
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Personally I don't think Bitcoin absolutely needs to be backed up by anything else. It's a great medium of exchange as it is. But some people see the missing backing as a huge disadvantage that could result in a downward speculation spiral that would make bitcoins worthless.
As long as bitcoin can do stuff that no other medium of exchange can do, I don't see this downward spiral to 0 happening. But to ease the minds of skeptics, why don't we create our own backing for Bitcoin? Personally I don't believe that I'm in danger of death by unicorn impalement but some people really worry about that. They walk the streets every day in constant fear of being attacked and impaled by a rogue unicorn. In order to ease the minds of these phobics why don't we add anti-unicorn features to the blockchain? |
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Have these threads become ridiculous enough yet?
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Happens all the time. Matonis frequently posts articles on Forbes online. Last year there was an article in Forbe's print magazine. It was a nice article, IIRC. Does he lurk/post here on the forum? |
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There's almost no such thing as debate, online or otherwise. What is called debate is mostly people talking past each other, flinging mud and trying to shout down those who disagree with them.
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This story has only been about propaganda and agendas every since it broke on the national news. The truth and the facts of what happened were the first casualties of the media campaign.
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I saw something on Freenet which made me think of this thread. Somebody using the name Atlas made a Sone account and started off by posting links to Silk Road and Armory. When a couple people asked if he was the same as the Atlas from here he freaked out, deleted the threads and marked the people who brought it up as spammers.
USK@0U0AtjDJofw-OfbDtkzwnYc6LRkc52z1KyD0z2egmkA,kN2WNNz0XHGrWllua04zNM3gXDzWwpElozZneGu7SJ4,AQACAAE/WebOfTrust/17
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Usage dropped, spread of diseases dropped, crimes dropped, etc. That's why it will never happen. It would be a catastrophe for all the people whose livelihoods depend on these problems staying in place. |
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BitInstant has made it a lot easier for people to get Bitcoins now so they can play SatoshiDice.
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Locking doesn't prevent you from expressing your thoughts. Just create a new thread.
In some cases it can potentially be misleading for people who find the first thread via a search and aren't aware of the other thread. |
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Take me for example, No one needs me for anything. Thus, Bitcoin won't succeed. I believe there was somebody advertising counseling services on the forum not too long ago. Perhaps he could explain projection for you. |
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It's very sad to see how many people will just believe everything Ryan Julison wants them to believe without doing any research or fact-checking on their own.
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So what's going to happen when BitInstant gets rapid bitcoin->cash conversion working and somebody gets the idea of making a mobile frontend to SatoshiDice that acts as a lightweight wallet and interface to BitInstant behind the scenes? How would something like that affect the Bitcoin network if it became popular?
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We have been trying it, and see what has happened so far: no concrete offers of bitcoins or fiat to any of those who have space available so far, resulting in continuing water-cooler and/or back-room-engineer chatter about various proposed engineering or marketing tweaks that might or might not result in more or better offers of actual money sooner/faster.
In other words: we already have at least one terrabyte on offer, we already have lowered its price to $1/month per 100 gigabytes, and we still have no concrete offers from anyone to buy a month at that price even stipulating it is on a terrabyte disk dedicatable to the purpose that can become dedicated to the purpose if/when in fact anyone actually decides that purpose suits his or her purpose and presents coin to follow through on it. All you've proved is that a market for the manual negotiation of storage contracts does not exist. I don't believe that was the original intent of the OP. The set of people who are willing to sell excess hard drive space when the required effort is just install the software and keep their computer online is larger than the set of people willing to haggle for it on an online forum. The same applies to people on the buy side. If you'd been actually reading my posts you would have noticed that is a large part of my thesis of why Mojo Nation failed. The market mechanism needs to be automated or else there will either be a lack of price discovery or price discovery will be so difficult that nobody will bother to use the software. |
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Fantastic explanation. Would you be willing to describe the mechanism with the inclusion of a non-consumable along with the consumable widget? I not sure there's enough of a fundamental difference to be worth cluttering up the example. Is there something specific you want to see illustrated? |
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And I have to admit that I am more than a little suprised to see it working, but it is. I am now a voting member of my local Republican Excutive Committee, in addtion to being a district chair. Nor am I alone on the committee. Our intent, and successes, are to inject ourselves into the party structure, demonstrate our political will as a block, and take over the party from the grassroots up. Ron Paul has been aware of, and agreed to be the figurehead of, this movement. So has his son Rand. I know this to be fact personally, as I have met both of them. Honestly, Ron Paul never expected to win the nomination, and probably didn't really want it anyway. But not only will we be a force to contend with at the national convention, local and state candidates that wish to stand a chance at winning officeare going to start talking to us and talking the talk. I sincerely wish that it works out for you but I'm not particularly optimistic. You saw what happened in states where Paul got a majority of the delegates - the rules were suddenly changed at the last minute to prevent them from changing the overall outcome. The national party has ways of keeping the state and local parties in line as well as co-opting people on their way up the ladder. |
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The idea that someone's sister might give me her precious files without keeping a copy herself made me very very worried about how sure I could be that I would still have them when she actually needs them.
It would be very foolish for her to give her only copy to one person, unless the data was of very low value or easily replaced. Using a RAID (or similar) algorithm to distribute the data to three people such that she could recover it from any two providers would be safer. Depending on how valuable and irreplaceable the data was she might want even more redundancy. |
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