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7261  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: May 20, 2015, 07:01:42 PM
I am hyper pissed off at you guys that you do not care that the world will be turned into a 1984 in your lifetime.

The Bitcoin community in general and people who frequent this thread in particular seem to be overwhelmingly wary of centralizing tendencies in government and possible 1984 scenarios. Just because many of us here are not convinced by your arguments about Bitcoin being a TPTB-engineered honeypot (or we might be too stupid to realize, as you might interpret it), doesn't mean we are cheering for a reptilian illuminati NWO clusterfuck, quite the opposite.

All I've read here in this thread is either nonsense, denial, or justification because we won't have a universal store-of-value and global ledger if we don't allow the culprits of our slavery aid us in getting the dumb masses into Bitcon.

I am very aware that I have little to no technical knowledge to offer in this space. That is why I limit my activity to the one beneficial service I can provide: pointing out, that we are all allies in the intellectual fight against centralized one world government and in order to succeed, we need to leave our egos at the door, lest we just end up mimicking the struggle for becoming top-dog, alpha-males, claiming control over what people should do and think, which makes up the current structure of TPTB. We need discord for the decentralized agenda, so let's be friendly about it, shall we. Discord can be a lot of fun.

I tried to take your advice and make cordial and rational discussions. The result I got was saying I shouldn't post much.

If you are truly concerned, you will make sure you study the solution when it is made available. As everything will be explained in layman's terminology in a convincing manner. Then you will be able to argue convincingly to yourself that I was correct.

I can't do that sort of professionalized elucidation in this forum posting format.
7262  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: May 20, 2015, 06:53:35 PM
Your post presents zero statements or facts, it is simply a string of nonsense...

Eat your ignorance:

Btw, CoinShuffle has the same weakness that I explained about CoinJoin. In the CoinJoin thread, gmaxell et al said if the dishonest user could be tracked, then it could be blacklisted. I retorted that with anonymous mixing, no one can be blacklisted. Duh! And they have high IQs  Huh
7263  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: May 20, 2015, 06:51:55 PM
bullshit

yeah, like Samsung, who stands to install maybe a billion new smartphones with this new model, is going to just give up all future profits so that a NWO can tank the worldwide economy and take us down into a new Great Depression.

sounds legit.

You have a marvelous noise conflation engine in that void you call your brain.

If Samsung manufactures a billion phones for this 21 Inc, then 75% of the coins go to Samsung (a cartel and oligarchy member) then how did Samsung not profit?

Cartels and oligarchies are built for profits. They do destroy their markets over time, but that is an ancillary point.
7264  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: May 20, 2015, 06:46:56 PM
2) It is possible to implement in Bitcoin fully counterparty-less mixing, with no coordinated node and no shared secrets at the wallet level. Look at coinshuffle for an early example, I'm sure development on improving this will continue. Maybe I haven't looked closely enough, I fail to see any improvement Monero has over coinshuffle.

http://crypsys.mmci.uni-saarland.de/projects/CoinShuffle/coinshuffle.pdf

Do you really think you are technically qualified to argue when both smooth and I already told you it is impossible offchain. Dunning-Kruger! Don't ya know we thought about this in depth, debating it ad nauseum in multiple threads and beat that horse to death. We understand fundamentally why it is impossible offchain. And we don't have time to go sorting through dozens of more nonsense whitepapers to isolate the flaw in each of them. We already did that numerous times for various proposals.

You will win the propaganda of attrition if that is your desire to delude yourself and not trust experts. We rarely use the word "impossible". Smooth is even more careful than I am with that word.

Btw, CoinShuffle has the same weakness that I explained about CoinJoin. In the CoinJoin thread, gmaxell et al said if the dishonest user could be tracked, then it could be blacklisted. I retorted that with anonymous mixing, no one can be permanently blacklisted. Duh! And they have high IQs  Huh
7265  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: May 20, 2015, 06:27:01 PM
New Poll:

TPTB_need_war is:

a. trolling
b. crazy
c. other


Do you ever write anything that is not noise? Do you enjoy cluttering this thread with non-information?

You can resolve your problem by showing up here. I am waiting for you. Stop hiding behind your sockpuppet. I am not hiding.
7266  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: May 20, 2015, 06:22:28 PM
the only financial plan i've heard of is the 25/75% split btwn the consumer and 21, so the consumer is going to get spending coin.  and that would be business savvy for the companies b/c that allows consumers to purchase other services and features.  yes, the mining and hardware wallet will be on autopilot and already setup which makes it brain dead easy

Meaning dumb users, who don't vote with their feet on pool centralization, meaning the mining is controlled by cartels and oligarchs as I stated.

right.  bringing on over a billion new miners is somehow going to be centralizing.  it won't matter if they're mining back to the device makers b/c there will be hundreds (?) of them either running their own pools (only takes a server) or farming it out to other pools, the # of which will proliferate to take up the new business resulting in decentralization.

How does the manufacturer get 75% as you said, if the user has the freedom to change which pool the device points to?

Whoops. Duh.

it's threats like this

I am not making a threat. I am making a guarantee. I rarely do this, because I hate vaporware and promising the future. But in this case, the outcome is so blatantly obvious, I can.

as to what you will do to punish us who believe in individual freedoms.

Your illogic leads you to fight against individual freedom. Thus you will destroy yourself. That is why it is easy to make a guarantee.

the difference btwn a USB mining stick is that it has to be plugged into a non-portable computer to mine.  and this means at home where you'd have to pay for your own electricity.  your reading comprehension failed to pick up the part about "portable" and "free".

Of course I didn't miss your point about stealing or parasiting electricity from public venues. We have some insight into your ethics now. We can be fairly certain that the price of the lattes will be increased accordingly.

it's not my ethics we're assessing here and i don't advocate anything.  it's what i think will happen based on my assessment of human behavior.

It would help if you had some actual experience instead of the Freudian slip of projecting your slimy ethics and incorrect economics on a reality that doesn't exist. I am here in the third world and charging is strictly not allowed unless you pay. And you will be charged more if there is a new class of phones that hogs electricity. My point is you always pay for what you get. You overpay in Starbucks $5 for a 20 cents drink, so you are not getting electricity for free.

you totally fail to grok this.

You don't grok that I grok all and including that you don't grok but think you do. This is known as the Dunning-Kruger effect.

the difference btwn a USB mining stick is that it has to be plugged into a non-portable computer to mine.  and this means at home where you'd have to pay for your own electricity.  your reading comprehension failed to pick up the part about "portable" and "free".
Your ignorance of the fact that smartphones have a USB port is pathetic.

wow, you are ignorant.  you didn't get what i said, did you?

You think so don't ya? Did you entertain all the logical possibilities? How about the one where the USB port exists and if there was a market demand for mining on portable devices then the USB sticks would be made compatible with these ports.

Users sophisticated enough to mine will do it properly and not try to slime around and parasite a few watts here and there. You entirely don't understand marketing demographics, opportunity cost, economies-of-scale, and tsuris. You view people as dispensible, masochistic, unoptimizing, zombie robots in your vision of an army of religious/faithful nodes supporting your delusional greed masquerading in your mind as altruistic (lie!).

21 Inc isn't creating a market demand for independent mining. They are going to give some incentive discounts and 25% share hiding all the complexity of mining from these dumb users who have no demand for mining and then try to teach them to use their Bitcoins to buy ringtones and upsell crap in their walled garden model (a la iPhone and Apple App Store), while putting the mining on auto-pilot sending 75% to the cartels.

They understand these users are unsophisticated and need hand holding so they will sell them a walled garden ecosystem built around Bitcoin micropayments. Likely even moving these payments offchain to Coinbase or Circle.

Can you waste some more of my time please and clutter the thread with more of your nonsense?
7267  Economy / Economics / Re: Economic Devastation on: May 20, 2015, 05:02:02 PM
It won't have my name on it. You had better be paying attention to the Alt coin forum.
meaning you won't publically endorse it or meaning anonymous? If the later it will be really exciting to see if you can pull it off as you have a very distinct writing style. Or did you also have an epiphany on how to defeat writing style analysis and such?
good luck and big waves so that everybody here might find it. I for one preemtively welcome everybody to post their most likely candidate as I follow the alt section very sporadically

If I wanted to be more anonymous, I shouldn't do the public writing. My coding style is not well known.

Plausible deniability is not anonymity any way.

I wrote only, "my name will not be on it".

And yes I am determined to do something now because nobody else will. And because I am healthy enough now. And because I have a design that solves the issues. And because it will be lucrative for all of us while also making some others eat their words. So many motivations.

Sure I encourage you to post candidates here. I wouldn't expect anything for a few months at least.

If I go quiet, that is a good sign.
7268  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: May 20, 2015, 04:51:54 PM
the only financial plan i've heard of is the 25/75% split btwn the consumer and 21, so the consumer is going to get spending coin.  and that would be business savvy for the companies b/c that allows consumers to purchase other services and features.  yes, the mining and hardware wallet will be on autopilot and already setup which makes it brain dead easy

Meaning dumb users, who don't vote with their feet on pool centralization, meaning the mining is controlled by cartels and oligarchs as I stated.

I am sorry that your dismal logic skills demand that I be redundant.

for even guys like you to use so you won't feel so bad for having not bought @ $13.

I already told you what I am going to do to you and your NWO coin. I am not posturing. I am making a guarantee.

since your brain continues to be adversely affected by the MS,

Erroneous overconfidence and foolish pride comes before the downfall.

the difference btwn a USB mining stick is that it has to be plugged into a non-portable computer to mine.  and this means at home where you'd have to pay for your own electricity.  your reading comprehension failed to pick up the part about "portable" and "free".

Of course I didn't miss your point about stealing or parasiting electricity from public venues. We have some insight into your ethics now. We can be fairly certain that the price of the lattes will be increased accordingly.

Your ignorance of the fact that smartphones have a USB port is pathetic.

your logic failure about a NWO & Digital Kill Switch scenario is that there is no reasonable financial elite apparatchik who would ever want to give up their greatest WMD, the printing press, in order to roll the dice on orchestrating a worldwide transition to such a dangerous (to them) tech such as Bitcoin.

Control of Bitcoin mining if anything solidifies their control over media, because they can Digital Kill Switch dissidents and competitors.

 you fail to read history going back to the cypherpunks of the 1970-80's on the quest/evolution of digital, anonymous money.  Bitcoin is the culmination of that project.  not some NSA sponsored scheme.  sorry dude.  you need to up your meds.

Vacuous ideological rhetoric.

Prepare for you irrelevance. As guaranteed.
7269  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: May 20, 2015, 04:27:56 PM
for the first time ever in Bitcoin's history, we'll have a scalable mining ASIC embedded in the most popular portable computing device on the planet (smartphones) whose growth is set to skyrocket and turn billions of unbanked into banked clients not only for micropayments but for standard commerce via a hardware wallet.  the portability aspect of this device potentially will allow it to mine for free.  right now i can envision unemployed African kids camped out at Starbucks or public libraries with not one but 7 Android phones (2 in their front pockets, 2 in their back pockets, 2 in their shirt pockets, and 1 in their hands for surfing) plugged into public outlets generating BTC while they're sipping their lattes.  wait, nevermind Starbucks.  why not go to the airports where it's plain to see the proliferation of phone charging kiosks in preparation for the smartphone age?  

free electricity for all!

Perhaps you missed the point that the plan (at least for the heating appliances) is likely to sell devices at lower cost and all the coins go to the cartels and oligarchs. The users are not to have to deal with any of the complications of mining and the mining runs on auto-pilot.

Assuming phones at higher cost will be available that allow users to get the coins from mining, I fail to see how this is paradigmatically differentiated from the $9 USB stick miner I can buy on Amazon.com and plug into my phone and computer now. Meaning there won't be any great adoption of users mining coins for themselves that isn't already underway.

The only major paradigm shift here is lower cost devices (appliances and smartphones) for dumb users, and the mined coins are going to the cartels and oligarchs.

If you can't grasp that obvious reality then I don't know what else to say to you. I guess enjoy the bliss while you can.
7270  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: May 20, 2015, 03:57:35 PM
Not Adrian-x,

Blah, blah, blah.

You will left holding NWO coin when the musical chairs stop playing.

Talk is cheap.


Miners will be marginalized to a marginal cost of securing the network provided the current incentive structure is not changed,

All (or surely > 50% of the hashrate of) the mining is going to be controlled by cartel and oligarchs. How many times do I have to repeat that they are not interested in double-spending. They are interested in enforcing KYC on all txns, in a monopoly on txns fees so they can raise them as high as the market will bear, in a Digital Kill Switch on txns from dissidants or competitors, and other anti-competitive behavior of fascist monopolies.

ideas like SideChains put the balance of power in the hands of those who can control mining power.

The cartels and oligarchs will control all the mining power due to the 100% efficiency of opaque heating appliances which will pay all the PoW coins to them. This is an undeniable economic outcome of the fact that other forms of mining can't compete.

The NWO will do everything they can to control mining. Miners who provided more efficient services will prevail.


Opaque heating appliances are maximally efficient. Nothing can do better.

Many of your concerns assume you would be a benevolent dictator.

Nope.

However you think most of the world is content heating hot water in a bucket

I never wrote that. This is low IQ reading comprehension.

I wrote that as they make the transition to middle class, their opportunity cost of managing mining on their water heater rules out significant adoption of water heaters that require mining. But smooth offered the idea that 21 Inc's plan is to control all of the variables with such top-down perfection that they can provide heating devices which the user doesn't even need to know it is a miner (mines on autopilot).

After contemplating that for a moment, I realized he is probably correct. The elite have every incentive to use any amount of resources necessary to bring that to fruition.

, I believe a decentralized free market knows that is a temporary state and will work to improve it.

Bitcoin mining is one way to do it with a good ROI.

Irrational. Review the facts written above.
7271  Economy / Economics / Re: Economic Devastation on: May 20, 2015, 03:38:25 PM
I will deal with the NWO. Just wait a few months. I am going to kick Larry Summer's and Bitcoin's monetary asses. You wanted the solution and you will get it. Make sure you show up. It won't have my name on it. You had better be paying attention to the Alt coin forum.

For those who wanted final confirmation...my Multiple Sclerosis is basically cured. I had an epic gym workout tonight that put a grin on my face from ear-to-ear. At the end of my very strong 1 hour (non-stop, heavy weight, low reps) barbel workout, I did 8 rounds of boxing. There was filipino guy in the ring tonight who was a physical specimen. He was taller than me, slimmer in this hips and lower body, yet stronger and bigger than me in his upper body with longer arms. Young guy. Very impressive, powerful, and quick. I am pushing 50 and not yet back to top athletic condition but making big strides and starting to get to the point where you wouldn't want to mess with me. Any way, I competed the guy and made a very strong showing. He bested me in the latter rounds due to my inferior conditioning. His punches were heavier (more power) but mine had more snap, zip, and sting. I was particularly thrilled that I was able to dig down deep for 2nd, 3rd, and 4th winds and explosive energy. I haven't had that Eveready Battery that I used to have. It is back. I hope to see this guy again. I want to reach my top form. My muscular build is only about 50 - 60% of where it will be soon now that I can push 110% in athletics. I think I can get my upper body near in size/muscularity to his and I expect my punches are not yet at their maximum potential (although they say boxers should not lift weights).

I am so grateful to have this abatement or cure. I am back to loving life again.

Multiple Sclerosis is a horrible malaise. It robs every thing that you enjoyed about life. It was a miserable existence. I can't express enough the relief and joy I feel.

I hope the two guys I know on this forum who were suffering from M.S. can get cured too by adopting the treatment regimen what I wrote about in my prior post. Note I have been able to lower my vitamin D3 to 20,000 - 30,000 IU daily. The "B Healthy" several times per day was the key addition to the treatment regimen.



That rings true with what was going on in my gut. The cure originating there. It was the probiotics perhaps in the B Healthy co-enzymated B complex that really kicked me to a new level of abatement.

Remember it was after the intense antibiotic treatment for the h.pylori in May 2012 that my M.S. went bezerk.


> Eighty percent of the human immune system resides in the gastrointestinal
> tract...
> http://www.scientificamerican.com/article/could-multiple-sclerosis-begin-in-the-gut/
>
> Here's the 43 year old patient cured with MS via fecal transplants,
> http://thepowerofpoop.com/carloss-story/
> https://www.youtube.com/watch?v=gR33CSPNcqk
> In the youtube clip his neurologist Perlmutter provides this summary in
> the description section -
> Published on Feb 16, 2015Carlos, forty-three, came to see me in June 2014.
> He needed a cane to stand and had episodes of feeling as if his legs
> wouldn’t work and that he could lose his balance easily. When I asked him
> about his medical history, he told me about one morning back in 1998 when
> he woke up feeling “drunk and dizzy.” When we went to see a neurologist,
> an MRI scan of his brain was performed, but the results came back as
> normal. Carlos remained unsteady for the next two weeks and then began to
> feel better. Two weeks after that, while exercising he felt as if ants
> were crawling down his back. His vision blurred and, hoping to find
> another opinion about his symptoms, he went to see a naturopath. That’s
> when he began taking various nutritional supplements and indeed he felt a
> little better thereafter.
>
> Three years later he had the sudden onset of “numbness in both legs from
> the waist down.” Again he was given a new round of nutritional supplements
> and after three more months, he felt somewhat improved. Two years later he
> had another episode and this similarly resolved itself with more
> supplements. In 2010, however, he began noticing a progressive decline in
> his balance and, despite various nutritional supplements, his
> deterioration continued—rapidly. By 2014, Carlos went through more tests
> with a neurologist, including another MRI scan of his brain. And this
> time, his results revealed aggressive abnormalities, especially in the
> deep white matter of his brain seen in both hemispheres and even in the
> brainstem. These findings, in addition to abnormalities noted in an MRI of
> his cervical spine, a lumbar puncture, and electrical testing results, all
> pointed to a diagnosis of multiple sclerosis.
>
> I explained to Carlos that we now understand the role of gut bacteria in
> modulating the immune system, and that recent animal research clearly had
> identified changes in gut bacteria as possibly playing an important role
> in this disease. I then offered a plan of action, telling him that I
> wanted to start a program of probiotic enemas. He agreed without
> hesitation, administering probiotic-filled enemas two to three times each
> week. Two weeks later, I received a phone call from him. He indicated that
> he was walking more comfortably and had now gone for days without the use
> of a cane! One month later we spoke on the phone again. He was continuing
> his probiotic enemas three times weekly and felt that he had “stabilized.”
>
> At that point I discussed with him the idea of rebuilding a healthy gut
> population through a revolutionary new procedure called fecal microbial
> transplantation, or FMT, and he agreed to do so (it’s currently not
> available in the U.S. for treating MS). He chose a clinic in England where
> the procedure is routinely performed on an array of immune and
> inflammatory problems. Before he left, I asked Carlos to carefully
> chronicle his experience in a journal and report back to me.
>
> One month after Carlos returned from England we again spoke on the phone.
> He reported that after his second treatment with fecal transplantation (he
> received a total of 10) he noted that his walking was dramatically
> improved and that it remained that way. He told me, “I am walking so well
> that other people don’t know there is anything wrong.”
7272  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: May 20, 2015, 03:21:23 PM
[I am] simultaneously interacting with a significant number of females (try that!).

Did you actually write that?

How can I help "men" who have more delusions than any human could possibly correct in his lifetime.

From the first man who ever interacted with Satoshi in a public forum:

http://blog.jim.com/economics/bitches-in-tech/

http://blog.jim.com/culture/the-false-life-plan/

http://blog.jim.com/economics/the-future-belongs-to-those-that-show-up/

http://blog.jim.com/economics/the-cure-for-iq-shredders/


I was in the gym tonight waiting for you sockpuppet. Lose the vagina and show up. Talk is cheap. Show up.
7273  Economy / Economics / Re: Economic Totalitarianism on: May 20, 2015, 03:01:17 PM
I may have just one last thing under this username to say to those who are fighting for Bitcoin.

You have blood on your hands; justified by your foolish greed wherein you tell yourselves lies to wish away the clear writing on the wall.

Bitcoin and any PoW coin is doomed to mining take over by NWO coincident with the means to sell fully opaque heat appliances to the masses who do not give a fuck about their enslavement with a NWO coin. If you can't reason it out, show no gratitude to someone who could elucidate it to you, then you deserve your ignorant fate.

I am not concerned. I am hyper pissed off at you guys that you do not care that the world will be turned into a 1984 in your lifetime.

I am so pissed off at you, I will not rest until I pummel you and your NWO coin. In what way? Because your NWO coin is a wealth expropriation plan. It is a monopoly plan on mining to cartels and oligarchs. Top-down control malfunctions, restricts opportunities, kills network efforts, under performs, overcharges, and in general is a bankruptcy directed paradigm.

How dare you characterize my discussion in this thread as an echo chamber. You should be ashamed of yourselves, but guys like you only learn the hard way of being separated from your capital so that you can't repeat your juvenile destructive shit again.

I will get the last and very rich laugh.
7274  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: May 20, 2015, 02:41:46 PM
I may have just one last thing under this username to say to those who are fighting for Bitcoin.

You have blood on your hands; justified by your foolish greed wherein you tell yourselves lies to wish away the clear writing on the wall.

Bitcoin and any PoW coin is doomed to mining take over by NWO coincident with the means to sell fully opaque heat appliances to the masses who do not give a fuck about their enslavement with a NWO coin. If you can't reason it out, show no gratitude to someone who could elucidate it to you, then you deserve your ignorant fate.

I am not concerned. I am hyper pissed off at you guys that you do not care that the world will be turned into a 1984 in your lifetime.

I am so pissed off at you, I will not rest until I pummel you and your NWO coin. In what way? Because your NWO coin is a wealth expropriation plan. It is a monopoly plan on mining to cartels and oligarchs. Top-down control malfunctions, restricts opportunities, kills network efforts, under performs, overcharges, and in general is a bankruptcy directed paradigm.

How dare you characterize my discussion in this thread as an echo chamber. You should be ashamed of yourselves, but guys like you only learn the hard way of being separated from your capital so that you can't repeat your juvenile destructive shit again.

I will get the last and very rich laugh.
7275  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: May 20, 2015, 09:50:24 AM




               Time to put a fork in this thread, it's done.

I agree. Let's squelch detailed discussion on how changes to mining affect centralization and blockchain scaling. That wasn't the point of this thread any way right.

 Roll Eyes
7276  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: May 20, 2015, 09:39:30 AM
Thus mining becomes a VAT that pays for society's heat usage. Isn't this is a theft/redistribution from the impoverished/colonialized/raped tropics to the northern climates?

Evaporative coolers could work in the deserts. Any way to turn heat into airconditioning in the tropics?
7277  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: May 20, 2015, 09:23:55 AM
Exactly, that's why 21 isn't offering anything to consumers, or miners. They appear at this point to be a silicon IP company. Their products will be sold to manufacturers of consumer products (according to them), or to suppliers of parts to those manufacturers.

That doesn't obviate my point that comparing the end result of servicing miners with service contracts is not fungible to appliances sold at BestBuy to consumers.

You're still not getting it. There are no service contracts here (or maybe there are, but pretty much the same as any other appliance). You can buy two appliances at BestBuy.  One mines, the other doesn't. The one that mines is cheaper. Other than that they are indistinguishable to you. You're likely going to buy the cheaper one. Or the difference might be a better warranty or some other differentiator. It is up to the manufacturer to decide how to incentivize the buyer.

One time I "bought" (not really) a cell phone and in addition to a cheap phone I got free tickets to a ball game. Whatever works.

Anyway, let's stop cluttering the thread. I think we've wasted more time and space than 21 deserves at this stage. They don't even have a product yet.

You've made a very compellling argument to end PoW asap if there are no counter measures and this becomes widespread.

I will be thinking about how to defeat this.

Again nothing wrong with getting people to mine their heat, if they keep their coins. Thus I think I see already how to defeat this movement at least for those who want anonymity. Also it shouldn't be too difficult to reverse engineer what ever turnkey appliances are developed and unlock the mined coins for the user (since obviously it pays more to the corporation than the NAV discount).

The masses will slide into this NWO. There is nothing we can do to stop them. For those that want anonymity and/or better arbitrage on the total income stream, mining for heat and keeping your coins may make a lot more sense.

Edit: the problem is how to keep dumb masses out of your coin but get enough smart people into the coin to make it viable with a circulating use case for currency. A way to keep the dumber of the Socialism Age masses out is anonymity, they are afraid of it (trust their hand held by Big Brother). The way to keep the smart Knowledge Age people into the coin is anonymity, they know they need it to protect wealth. The remaining component is the compelling circulating use case to grow the network effects. Monero proposes a game use. I will propose a different use.
7278  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: May 20, 2015, 09:18:43 AM
Your comments about solar water heaters are irrelevant, because people aren't buying them (in the dominant markets). They are therefore inferior in some way (don't work particularly well in built-up cities for example, which is where populations are moving), in the opinion of the people making the purchases. That's the only opinion that matters, not yours.

Solar water heaters have issues. And mining doesn't  Huh

You're not getting that nobody is proposing "mining" in anything like the form it is done today, with all of its issues. Embedded deeply into a product (or indeed embedded deeply into a chip which is embedded deeply into a product) it won't be recognizable.

I thought you were talking about what is viable now and can scale to 100 million users now. Now that you've clarified by implication of your requirement for it to be technologically opaque that this will be maybe a million users scaling up to perhaps 100 million in say 10 years, then it is more sensible. I said from the start it is an incremental market for now, not a mass movement. This also justifies the large venture capitalization. The ambition for opaque technological integration emcompasses wide area of highly capitalized players, e.g. telcom.

Then it will have limited geographic applicability for now. I want to carry my space heater across the USA, etc. It demands centralization of telcom for one.

And coin security will take a precipitous drop every northern summer because the population in the southern hemisphere is much less than and poorer than the northern.

Okay I do understand the push by the elite to Smart Meters (the plans have been in the works for this global Technocracy for decade or more) in every home that can monitor everything we do and turn off our appliances if we don't comply with all edicts.

Surely they are going to push this direction yes. But they won't scale this out overnight.

And I sure hope we can defeat this 1984 before they do.

Nothing wrong with mining + heating appliance if you hold your coins. Sending all the coins opaquely to the fascist corporate Big Brother is 666 directed.
7279  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: May 20, 2015, 09:11:42 AM
Exactly, that's why 21 isn't offering anything to consumers, or miners. They appear at this point to be a silicon IP company. Their products will be sold to manufacturers of consumer products (according to them), or to suppliers of parts to those manufacturers.

That doesn't obviate my point that comparing the end result of servicing miners with service contracts is not fungible to appliances sold at BestBuy to consumers.

The NAV isn't compelling neither is paying taxes on the mined revenue for many folks.
7280  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: May 20, 2015, 09:10:26 AM
Your comments about solar water heaters are irrelevant, because people aren't buying them (in the dominant markets). They are therefore inferior in some way (don't work particularly well in built-up cities for example, which is where populations are moving), in the opinion of the people making the purchases. That's the only opinion that matters, not yours.

Solar water heaters have issues. And mining doesn't  Huh
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