Reminds me of this kind of democracy
"In addition, only (male) owners of freehold property or land worth at least forty shillings in a particular county were entitled to vote in that county; but those who owned property in multiple constituencies could vote multiple times; there was normally no requirement for an individual to actually inhabit a constituency in order to vote there."
I think a vote proportional to the number of bitcoins you are holding, is the most neutral way to get some representation of the whole community, which is technically feasible. Your citation is more like the current voting procedure which is used in the bitcoin foundation (see https://bitcoinfoundation.org/static/content/IndustryMembershipBenefits.pdf).#If you disagree, then please let us all know what you would propose as a neutral voting schema instead! What are the options? - 1) vote proportional to your investment into the foundation
- 2) one vote per person who registers with a proof of identity
- 3) vote proportional to mining power
- 4) vote proportional to bitcoin stake
Obviously point 1 is bad, because some rich person could just buy votes. Point 2 is bad, because it is technically hard to setup and proof that nobody registers multiple times. Also it would open up the possibility that a rich person could buy accounts. Point 3 is a nice technical solution, but mining power does not in any way represent the bitcoin community as a whole. These votes would be highly dominated by large mining cartels and mining pools and only very few people would have the control to vote for changes in network protocols. So the only viable thing left is a voting system proportional to your bitcoin stake. It has all properties that are needed to decide for protocol changes and decisions that concern the whole bitcoin community. It is a very simple rule and therefore very neutral. The votes would be very diversified to many different people. People with more stake in bitcoin are more likely to prefer decisions which are really good for the whole community. It is a technical solution which does not require any validation of identities. It is as anonymous as bitcoin itself. It is fluid and you can always change your vote. Wrong assumption. People with more stake in bitcoin care about their wealth , if we're talking about people who started buying bitcoins since 2012. I bet all my stash that 90% will vote for any kind of regulation if that pushed the price to 2000/BTC. Of course when they talk about , it's "bitcoin" that matters "the community" but in reality it's their investment that count. Haven't you seen that in politics? I've seen politicians kissing babies and playing with children then reducing the funds for education and health. Why should the investors in bitcoin oriented to the sentiment of the community and not to it's welfare. |
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You guys seem to think regulation is some kind of option. It is not. There will be regulation no matter how you feel about it. If you feel that destroys bitcoin, then sell yours to a grown up. idiot tell me how bittorrent is regulated, mr know it all It must be because I'm an idiot, but I fail to see what bittorrent has to do with anything? It is a tool for downloading. Why would that garner financial regulation? Well , he's comparing thepiratebay with bitcoin , so If i were to guess , you're not the idiot  He's comparing one p2p protocol with another. Can't you understand that? In order to use torrents , before you start the torrent and use dht, peer exchange or anything else you have to grab the .torrent file or the magnet link. And without a place to go and grab those bits of information , you could run your utorrent all day long and connect to whole damn world , you won't get a a bit. I fail to see the resemblance between bitcoin and torrenting. |
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96% of dollar bills have traces of coke on it ,,, so I gues 99% is tainted.... sorry you can not taint bitcoin, there is no pont any mixer can undo it , is just that simple.
The US govt will fail here.
You didn't even bother to read , did you? |
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Nope , i'm not going to quote this.
Your last paragraph just kills your initiative.The usage of such language is just inappropriate and it will turn into a double edge sword.. There are lots of people who although might be angry at Yifu&Company , when reading that will say "Fuck You" not "Fuck Yifu" |
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You guys seem to think regulation is some kind of option. It is not. There will be regulation no matter how you feel about it. If you feel that destroys bitcoin, then sell yours to a grown up. idiot tell me how bittorrent is regulated, mr know it all It must be because I'm an idiot, but I fail to see what bittorrent has to do with anything? It is a tool for downloading. Why would that garner financial regulation? Well , he's comparing thepiratebay with bitcoin , so If i were to guess , you're not the idiot |
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Reminds me of this kind of democracy
"In addition, only (male) owners of freehold property or land worth at least forty shillings in a particular county were entitled to vote in that county; but those who owned property in multiple constituencies could vote multiple times; there was normally no requirement for an individual to actually inhabit a constituency in order to vote there."
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Who do you propose?
That is step two imho. What about we vote some community representatives as a counterpoint towards the US Bitcoin foundation?
Community votes should always be able to overrule the senate / representatives.
Why do we need this? Bitcoin is a decentralized (kinda) currency. Currently the devs and US foundation have too much power imho. Also the secrecy that is going on on the foundation forums is dangerous. I don't want to wake up some day realizing Bitcoin was assimilated by the established swamp with all it's potential wasted. It would be nice if we as a swarm could operate without too much centralized power. Maybe we could vote via the blockchain ("Bitcoin days connected" similar to "Bitcoin days destroyed" comes to mind). Voting via blockchain would be indeed very useful to represent the community as a whole. Candidates should publish one of their unique bitcoin addresses. Every bitcoin user is allowed to vote for some candidate in every transaction by including the address of that candidate. At all times, the proportion of included addresses of candidates in the unspend tx-outs represent the voting power of these senate members. Kind of Delegative democracy in the blockchain (see http://en.wikipedia.org/wiki/Delegative_democracy) Woudn't the Feds or SD win this by a great margin? |
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How about we get rid of the problem instead of probably solving it temporary ?
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Can't we just ignore that group? Seriously, why keep opening thread about them? They are important exactly like me and you, but it is not like i open a thread about myself saying that i am the "chairman" of something That's because he is a Chair , not a chairman like you "Do you want Mike Hearn removed as Chair of the Bitcoin Foundation's Law & Policy commitee?" He has very important task and is indispensable. Are we savages eating on the ground ? We need those chairs!!!!!!!!! Also they are very useful when we run amok. Usually they are the first things you throw at the walls. And I bet there will be some chairs thrown at the next conference. |
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Whats the point of your question? It doesnt matter if you can pay in brothel with visa or not. It would matter if there was no other way to pay in brothel than using visa card...You can pay there with physical bills or coins, thus non-trackable...bitcoin is online only and you can track every transaction...with tainting coins, tracking will go to whole another level and it would bring more negative things than positive
The point is that I can pay with a card issued in a country where prostitution is banned in another country in which it is not banned without having anything to worry about it. You can do that with cards , bitcoins , cash with no problem. If you want to do it in a country in which it is banned , you're breaking the law , no matter what you use. So , you're advocating for privacy just so you cold break the law? There are two ways around this: 1) Run in the shadows and continue breaking the laws and hope you won't get caught 2) Try to change the laws |
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Please, for your own safety don't search by "Mike Hearn" on Google Images.
Why not , there are only male users on this forum? Or only , straight male users? =))))) |
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Sell before weekend??
Have been selling along the way. Ready for a weekend slaughterhouse to buy a swag more (this is the same plan as many here I think.) And what if you are wrong? It's still gonna be a slaughterhouse , but with ViP reserved tickets (starting today) and special treatment for one carcass /hour. Hopefully our friend here will be able to tell the story. |
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Well , I have the feeling the Bitcoin foundation is taking the wrong road here  *it was supposed to be a national road |
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Daily mail:
Promising student, 17, is killed by Ecstasy live on Skype as he chatted with friends
The inquest heard Patrick had been expelled from Thomas Hardye School in Dorchester in 2011 for dealing drugs to another student.
huh?
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Maybe my paysafe example was bad , but what about green moneypak the guys with the virus are using.?
If those allow anonymous payments to be made as cheaply and easily as Bitcoin, then Bitcoin wouldn't be needed. For the same reason the cryptolocker guys are going to increasingly prefer bitcoin to other methods over time, those wanting to receive rewards anonymously for providing crime tips will want to receive bitcoin over other payment methods. My point is, whatever advantage Bitcoin gives criminals looking to stay anonymous while doing crime, will also apply to crime fighters looking to stay anonymous while they receive financial compensation for reporting crime. It's a double edged sword. Law enforcement and community policing efforts should be innovative and use Bitcoin's new capabilities to their advantage. So , criminals will flock to bitcoin , hallelujah brother!!!!!!!! I suggest you visit the scam section: https://bitcointalk.org/index.php?board=83.0Cause until now , bitcoin is the something like this  Also , offering rewards for catching criminals will be the first step. It will take 2 seconds for the next one , hiring a hitman or a hitwoman. It's human nature , no matter how many good things something does we find a way to use it so it fucks us back 10 times over. |
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This stands against bitcoin and the idea envisaged by Satoshi.
Satoshi abandoned this experiment long ago. Maybe he's the smart one. Or his mortgage rates grew , and he changed his name to <insert the person you hate most here> and started the bitcoin foundation.  |
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Maybe I'm not understanding you. Just to clarify: I'm suggesting that a known party, like a neighborhood watch group, offer rewards for tips leading to an arrest. The person providing information is anonymous. The person giving the reward is not. So payer is known and the receiver is anonymous. In this scenario, the neighborhood watch group verifies the information before sending the reward to the bitcoin address of the person providing the information. Paysafe cards can be anonymous too , but only for the user. The receiver or the merchant it's not. So they wouldn't work for what I'm suggesting, which is that the receiver, who provided the information, is anonymous, and the payer is known. you example bitcoin reward (anonymous) > central authority > bitcoin reward (anonymous) paysafe coupon (anonymous) > neighbourhood watch (not anonymous) > paysafe coupon (anonymous) it's not a A > B , its A > C >B this was for your first post now you come back with: "So they wouldn't work for what I'm suggesting, which is that the receiver, who provided the information, is anonymous, and the payer is known." we'll , whats different than send me a paysafecard or coupon ? this is the way cryptovirus worked before bitcoin the person giving the reward was not , the guys receiving the payment , well they still are. Maybe my paysafe example was bad , but what about green moneypak the guys with the virus are using.? |
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I have a business like a gas station or a fast food, in order to actually serve all my customers and have the bitcoins in my account (transaction confirmed) Why do you need that? Do you accept credit cards? Do you wait for them to confirm as well (6 months)? with this limit of 1/block or 250/day I would have to use multiple addresses. You have to use multiple addresses anyway. "Addresses" are badly named: "invoice id" would be more accurate. What will happen if you have 1000 customers a day ? If you use the same address all the time, it'll be impossible to know which of the 10 or so paying-right-now customers failed to pay their bill. Thanks for the response. So the only inconvenience will be if you use the same address to pay for something you'll have to wait two block. This is not as bad as it seems for the average user. But , what will happen if the next pool decides to raise this for 1 to 100? I'm more concern about what this could lead to that what it actually does , to be sincere. |
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Somebody please explain to me the following situation..
I have a business like a gas station or a fast food, in order to actually serve all my customers and have the bitcoins in my account (transaction confirmed) with this limit of 1/block or 250/day I would have to use multiple addresses. You already have to use one address per purchase (/customer) or you cannot tell who paid you. This is already the universal practice in Bitcoin payment processing. Won't this just put more pressure on the blockchain when people we'll try to cash out? No, a payment is a payement is a payment. There are no accounts or balances in the blockchain itself— it's completely blind to things like addresses. Thanks for the info |
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Somebody please explain to me the following situation..
I have a business like a gas station or a fast food, in order to actually serve all my customers and have the bitcoins in my account (transaction confirmed) with this limit of 1/block or 250/day I would have to use multiple addresses. Won't this just put more pressure on the blockchain when people we'll try to cash out?
What will happen if you have 1000 customers a day ?
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