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681  Economy / Goods / Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. on: March 22, 2013, 08:12:54 PM
Answering some questions left by a private inquirer:

Q. Does this include permission to build on the vacant land?  (Apparently in some countries the right-to-build may be separate)

A. In Wake County/NC/USA, a construction permit is required.  The purpose of the permit is an engineering evaluation, to ensure you are building a safe building.  As long as your submitted engineering plans conform to local building codes, you may build as you like, when you like.



Q. Are foreigners permitted to purchase this land?  Are corporations permitted to purchase?

A. Yes and yes.  The county's Register Of Deeds will require a name and mailing address for public records and property taxes.  Property taxes must be paid in USD, not BTC.

682  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: March 22, 2013, 06:11:10 PM
If people are interested in the "shareholder registry", enabling decentralized exchange, it could be written fairly quickly by myself.

No fee or bounty, though donations are always welcome.

683  Economy / Speculation / Re: Bitcoin in Wall St Journal on: March 22, 2013, 06:08:35 PM
Old news, duplicate thread: https://bitcointalk.org/index.php?topic=156215.0
684  Economy / Speculation / Re: Things are happening behind closed doors, very important for Bitcoin things. on: March 22, 2013, 05:57:58 PM
I can confirm that very big, positive things for bitcoin are happening behind closed doors Smiley

I doubt this one, cause bitcoin foundation hasn't done anything beside have someone else redesign a website, after they asked too, and throw an overcharge conference.

Who said it has anything at all to do with the Bitcoin Foundation?

You conspiracy nuts are... nuts.

685  Economy / Speculation / Re: Things are happening behind closed doors, very important for Bitcoin things. on: March 22, 2013, 05:30:53 PM
Well,

While having absolutely no idea what Vladimir is talking about,

I can confirm that very big, positive things for bitcoin are happening behind closed doors Smiley

686  Alternate cryptocurrencies / Altcoin Discussion / Re: Ubuntu 12.04 - cpuminer compile problem - "C compiler cannot create..." on: March 22, 2013, 04:30:00 PM
Does the official cpuminer have the same problem?  Perhaps try avoiding an unofficial version.

     https://github.com/jgarzik/cpuminer/

687  Other / Politics & Society / Re: Russian Leader Warns, “Get All Money Out Of Western Banks Now!” on: March 22, 2013, 04:28:42 PM
Start of the end?

Russian leaders love bashing Western countries.  It's catnip for the locals.

They even have an entire network, Russia Today (RT), created and funded for that aim.

688  Bitcoin / Development & Technical Discussion / Re: Satoshi Client Feature Request on: March 22, 2013, 03:12:09 PM
I have a request, but it seems it's already implemented by coin control. However, I want it in the main Satoshi reference client. To limit key generation and specify usage to already existing keys. Or to make it send change back to the same key (like one key is used in Bitcoin Spinner.)

So I can play those block chain games without generating 500 new keys due to 600 transactions, when it works just as well with just 1 key.

So you want a "kill privacy" checkbox, in other words Smiley

689  Economy / Goods / Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. on: March 22, 2013, 04:19:34 AM
Only 1166 bitcoins? Hmm, I've probably got that laying around somewhere...

Due to bitcoin's value volatility, the purchase price is indexed to the US Dollar, and would be converted a couple days before closing/settlement.

So at present market price, $70,000 is more like 953 BTC Smiley

690  Bitcoin / Bitcoin Discussion / Re: Upgrade bitcoin.org on: March 22, 2013, 04:08:47 AM

Small request:

On the "Choose Your Wallet" page, put the name of each client underneath each icon.

It is annoying to hover the mouse over each icon, just to find the names.

691  Bitcoin / Press / 2013-03-21 Marginal Revolution: U.S. government regulations for virtual currenci on: March 22, 2013, 12:27:27 AM

I like the guys at Marginal Revolution, and try to toss them low-noise links every few months.

URL: http://marginalrevolution.com/marginalrevolution/2013/03/u-s-government-regulations-for-virtual-currencies.html

They don't do much more than quote other links, but their audience are other economists and other readers of econo-blogs.

692  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: March 21, 2013, 11:38:10 PM
Why not use a stripped down version of the bitcoin code? Each share is a coin, no decimal places allowed, and blocks can be generated using the issuers signing key instead of mining. Shares can be traded p2p and transactions confirmed by the issuer.

Why would you want to give issuers the power to veto transactions?

1) Possibly there are legal reasons they must.

2) ASICMINER has that power right now.

3) An issuer in general always has the ultimate power:  they can inflate their own shares, or simply stop producing useful revenue.

693  Economy / Goods / Re: [WTS] HUGE tracts of land! OK, 3.3 acres at least. on: March 21, 2013, 09:21:29 PM

Some info about the area:

     http://en.wikipedia.org/wiki/Wake_County,_North_Carolina
     http://www.visitraleigh.com/

Wake County is a growing area, a good real estate investment according to some:
http://www.newsobserver.com/2013/02/23/2702528/california-billionaire-bets-on.html

Wake County was one of the areas relatively untouched by the subprime mortgage crisis, and its population continues to grow.

Only ~3 hours to the Atlantic Ocean, by car.

694  Economy / Securities / Re: ASICMINER: Decentralized stock exchange on: March 21, 2013, 09:11:51 PM
As a security feature he may still want to manually "check" each trade, to make sure there are not hacking attempts. But it would be highly automized, allowing for a higher throughput.

Yes.  Some legal juridictions may be required to manually check each trade, to make sure they have legally-required investor information.

If exchanges get into play, most changes to the shareholder registry will be boring:

(example)
  • 2013-Mar-21 00:23:11 transfer 100 shares from FOO EXCHANGE to BAR EXCHANGE
  • 2013-Mar-21 00:23:12 transfer 800 shares from FOO EXCHANGE to BIFF EXCHANGE
  • 2013-Mar-21 00:23:14 transfer 1000 shares from BAZ EXCHANGE to FOO EXCHANGE
  • 2013-Mar-21 00:23:19 transfer 18 shares from FOO EXCHANGE to Jeff Garzik

695  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: March 21, 2013, 09:07:42 PM
The core idea is simple:  Each company maintains their own shareholder registry.  Changes to the shareholder registry must be cryptographically signed and verified.  The registry must be published in a public medium on a regular basis for auditing/anti-cheating purposes.

696  Economy / Securities / Re: ASICMINER: Decentralized stock exchange on: March 21, 2013, 08:33:21 PM
How about this:  make it possible for users to create their own decentralized exchange.

So, as I understand your proposal, one does not even need to be a miner to implement this.

Correct.

Quote
All you need to do is run a bitcoin client and have some additional robot code which adds, transfers and reports on shares.

Shareholders don't need any robot code:

1) ASICMINER runs the "shareholder registry" robot.

2) Shareholders do not need anything but a bitcoin client with the "sign message" feature.

3) A person-to-person share trade looks like this:

     a) Alice sends 100 BTC to Bob
     b) Alice sends bitcoin address ABCDEF to Bob
     c) Bob emails ASICMINER robot, with signed message "transfer ownership of my 50 shares to address ABCDEF"
     d) The next time ASICMINER robot publishes a shareholder registry, it says "50 shares owned by ABCDEF"

4) If you want to run an automated share trading market, create a website that accepts bitcoin or ASICMINER share deposits, ....

697  Bitcoin / Bitcoin Discussion / Re: Upgrade bitcoin.org on: March 21, 2013, 08:19:22 PM
Great job!  Looks nice, very informative.
698  Bitcoin / Development & Technical Discussion / Re: [ANN] pynode: Simple bitcoin P2P node on: March 21, 2013, 06:56:15 PM
Hello I am a bit new to programming but I would love to experiment around with pynode and python-bitcoinlib are there any guides or source code examples available or would I need to figure that stuff out myself? (I promise not to store anyone's life savings using it until I know the node and libs inside and out inside and out)

pynode and assorted utilities dbck.py and mkbootstrap.py are essentially source code examples for python-bitcoinlib.  Unfortunately that's it.

Contributed examples are welcome in both projects, however.

699  Bitcoin / Legal / Re: Bitcoins are not "legal" in the US - understanding FinCEN's announcement on: March 21, 2013, 04:33:30 PM
otherwise, Bitcoin is dead. Litecoin will replace it.

Litecoin is about to become a botnet haven, as additional ASIC hashpower comes online.

700  Economy / Securities / ASICMINER: Decentralized stock exchange on: March 21, 2013, 04:15:24 PM
How about this:  make it possible for users to create their own decentralized exchange.

  • Register a bitcoin address for each shareholder, if not already.  This enables the ability to authenticate cryptographically signed digital messages.  See this stackexchange answer for a guide.  Most bitcoin clients support signing messages.  Registering a GPG key for each shareholder is an alternative, though that requires additional software beyond a bitcoin client.
  • Publicly declare a bitcoin address and GPG key for official ASICMINER messages.
  • Publicly declare an email address for emailing ASICMINER robot
  • At the end of every day, ASICMINER robot produces a message listing all shareholders, by key and share count.  Attach bitcoin and GPG digital signatures.
  • To trade ASICMINER shares, the seller sends a digitally-signed message "transfer N shares to bitcoin address FOO" to the ASICMINER robot.

That is all that is needed on the ASICMINER side:  maintain a shareholder registry.  changes to the shareholder registry may be both pseudonymous and secure.

Then anyone may build an exchange that trades shares.  Anyone may trade ASICMINER shares at any time, using this method.

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