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6261  Bitcoin / Bitcoin Discussion / Re: [POLL] What has the most potential value density? on: June 20, 2012, 08:04:04 PM
I chose "An IOU" as the best and Bitcoin as the worst.

I hope that is reflected in the results correctly.
I set it to allow 2 votes, so it should.

Ok good, because I would not want my vote to be considered as me thinking that "An IOU" is the worst and Bitcoin is best.
The data doesn't correlate to any individual's vote. This is meant to show the values with absolute values. Like I said, there are no right or wrong answers, nor are the value assessments quantitative. These are subjective values. The reason I chose best and worse instead of best and second best is because the strength of belief that something is of least value will cancel out the vote of someone that has the opposite viewpoint and they will have equal value.

 The discussion will reflect the range of belief systems about value density. So you best and worst will inevitably help create a picture of belief systems we can each interpret within our own belief systems. It will be interesting if most people choose the same things for different reasons or there is an even distribution showing a wide range of belief systems.

If you already figured out what this tells about my belief system, then kudos.
6262  Bitcoin / Bitcoin Discussion / Re: Critical mass community on: June 20, 2012, 05:20:39 PM
Maybe the Amish?
6263  Bitcoin / Bitcoin Discussion / Re: [Blog Post] Our Discovery in Vienna – The Bitcoin Card on: June 20, 2012, 05:14:20 PM
These might be ideal "Green Address" cards which can be issued by a government, tracked, and controlled. That is not necessarily a bad thing.
6264  Bitcoin / Bitcoin Discussion / Re: [POLL] What has the most potential value density? on: June 20, 2012, 04:59:47 PM
I chose "An IOU" as the best and Bitcoin as the worst.

I hope that is reflected in the results correctly.
I set it to allow 2 votes, so it should.

Human slave FTW !
I'm not making moral judgements here. If you think that slavery is indeed the best or worst value density, then it is a choice.
6265  Bitcoin / Bitcoin Discussion / Re: [POLL] What has the most potential value density? on: June 20, 2012, 04:51:17 PM
what about: brain, filled with skills
That's good, but too subjective for this poll. Most people think my brain and skills are stupid and don't value them much. Besides, it's easier to steal ideas than pay for them.  Grin
6266  Bitcoin / Bitcoin Discussion / [POLL] What has the most potential value density? on: June 20, 2012, 04:40:15 PM
Choose the best and worst. There are no right or wrong answers in the academic sense. You may change your answers. If you have additional objects, you may add them as a comment and I may add them to the poll.

There was a nice money pyramid somewhere, If anyone has a link I think it had some additional ideas.
6267  Bitcoin / Project Development / Re: Idea: age verification by university quiz on: June 20, 2012, 04:12:14 PM
This is not about dancers, it is about visitors to the site.
Whew, you had me worried there. Since I don't patronize those sites, I don't have an opinion. Even if I did, that would mean I understood what you're talking about, which I derp.
6268  Bitcoin / Project Development / Re: Idea: age verification by university quiz on: June 20, 2012, 03:35:22 PM
Yeah, I can see a gentleman's club that requires those answers from their dancers. Let's see what kind of dancers they get. Anyone?
6269  Economy / Economics / Re: What's the best answer to this question ? "What is its backing? " on: June 20, 2012, 01:58:00 PM
Fiat currency exists because our masters want a form of tribute that they don't need to store. For awhile they required gold as tribute, because it was rare and portable, but even that became too expensive to transport and store. Now they impose their currency with holy blessings of value that we are allowed to use so that we are forced to pay for all their property storage. Money that has lost the backing of the force behind it becomes worthless. All governments eventually fail so it follows that all money will fail. Items of barter are the only permanent backing of worth. Gold will always be rare and portable and difficult to store. Bitcoin is the first real challenger to gold.
6270  Bitcoin / Bitcoin Discussion / Re: Big press mention - DailyFinance.com & AOL.com Home Page on: June 19, 2012, 04:41:37 AM
Bitcoin is in the aol mail top stories too.
6271  Bitcoin / Bitcoin Discussion / Re: Shouldn't the offcial Bitcoin client be advertised as running your own bank? on: June 18, 2012, 11:20:12 PM
Fractional reserve banking isn't really banking. Fractional reserve banking is really gambling. You are gambling with money that was not entrusted to you. You are lending money that is taken by debt forced upon citizens and then gambling it. No, I wouldn't call that banking.

[edit] Missed the sarcasm in the last post.  Tongue
6272  Bitcoin / Bitcoin Discussion / Re: Shouldn't the offcial Bitcoin client be advertised as running your own bank? on: June 18, 2012, 11:12:53 PM
When did banks come to be such all important businesses? What did banks ever do for anyone? Banks don't heal people, they don't invent things, all they do is store money. They don't even loan money, their depositors do that, well theoretically anyway. Look what they did to the world economy. It's time they go into the history books. Be your own bank.

If the Bitcoin client was advertised that way, it wouldn't be making any specific claims. I would call it the Piggy Bank for grown-ups.
6273  Bitcoin / Project Development / Re: Bitcoin Episode on The Julian Assange Show? on: June 18, 2012, 10:24:52 PM
I kinda doubt a Swiss court will allow house arrest for what Assange is charged with if he is convicted. I wish he would have done a show about Bitcoin before he disappears from public view.

Swiss or Swedish?
It doesn't really matter, he will probaby be extradited by the US and be locked away next to Bradley Manning.  Cry
6274  Bitcoin / Project Development / Re: Bitcoin Episode on The Julian Assange Show? on: June 18, 2012, 09:58:53 PM
I kinda doubt a Swiss court will allow house arrest for what Assange is charged with if he is convicted. I wish he would have done a show about Bitcoin before he disappears from public view.
6275  Bitcoin / Bitcoin Discussion / Re: [ANN] Amazing new device on: June 18, 2012, 05:11:21 AM
What is the joke? The gold chain or the device?
it's just a $7.99 picture viewer keychain with screenshots. But it goes to show you that it's easy to hoax people about technology. OTOH, the $8 device probably would be good for storing QR codes of Bitcoin addresses.
6276  Bitcoin / Bitcoin Discussion / Re: [ANN] Amazing new device on: June 18, 2012, 04:46:28 AM
If you read the OP very carefully, you will see this footnote.
6277  Bitcoin / Bitcoin Discussion / Re: [ANN] Amazing new device on: June 18, 2012, 03:27:23 AM
Oh, you'll have to wait for that. I won't be giving away trade secrets. Though if you read everything very carefully you'll understand why.
6278  Bitcoin / Bitcoin Discussion / [ANN] Amazing new device on: June 18, 2012, 02:56:11 AM
News Flash!

From the Brilliant science labs in Wisconsin comes the latest in Bitcoin technology!


Presenting the World Premiere of the...


Moolong Device!

As you can see it has the Bitcoin client showing on the screen. And of course the screen is touch-capable! It is designed to wear as a keychain or from a gold chain.*




*Note: This is a joke.
6279  Bitcoin / Bitcoin Discussion / Re: Bitcoin Mentioned on Alex Jones on: June 17, 2012, 09:36:42 PM
Interesting. The guy states if banks shutdown, credit company's and paypal shutdown too, only online payment that will be working will be Bitcoin, because it's not tied to any currency. Who ever that does not have a bitcoin account should go ahead and set one up just as a contingency, yada yada yada.
That was ignored by Jones. I would like to see the footage of Alex's face that didn't make the edit.
6280  Bitcoin / Bitcoin Discussion / Re: bitcoincard.org on: June 17, 2012, 08:04:10 PM
I have a question to people who think these are a winner.

The issue seems to be a social issue not a technological one. Do people prefer a secure dedicated device over a less secure mobile phone which offers a far superior featureset?

Random thoughts here:

- Devices are so low spec that it makes it difficult to implement any of the blockchain scalability optimisations that can be used for Electrum. Much of the processing is moved server side which assuming it ever did the volume that is mass usage, would be a serious problem.

Have you seen the specs? I'm not sure what processing you are referring to?

- I’m not sure that the hardware on these devices can generate enough entropy. A friend (niekt0) told me that ECDSA (unlike other encryption schemes) requires entropy for each signing, not only for generating keys.

- I’ve seen an addon device for mobile phones that allows secure key signing to be possible via an attached USB or similar device. The functionality for a mobile phone is far more advanced that these low spec devices.

It is difficult to believe that these can work independently without docking at some point to dump data and build a new wallet.

- Even if dedicated devices are more secure, mobile phones have more popular adoption. For small amounts of spending cash, their security is adequate. For larger amounts, larger devices or services are fine.

That's why I think these are ideal for developing nations. They will not only appreciate them more, but will find more creative ways to use Bitcoin.
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