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7461  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: June 05, 2011, 11:12:41 PM
Now if I were going to call these guys, I would forget about Bitcoin and Tor and stick with the end prohibition message.

Maybe if we buy them a nice pair of alpaca socks.

Don't even think about it, but how long until some idiot sends them a package from Silk Road?  Shocked

moa, you are putting ideas into people's heads. That would be massive lulz  Grin

Ideas are dangerous => they should make ideas illegal.

Another reddit thread started ...

http://www.reddit.com/r/Bitcoin/comments/hscno/bitcoin_is_an_online_form_of_money_laundering/

"Maybe US Senator Charles Schumer should turn his attention to central banks and the global monetary theft of the planet."
7462  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: June 05, 2011, 10:35:35 PM
Now if I were going to call these guys, I would forget about Bitcoin and Tor and stick with the end prohibition message.

Maybe if we buy them a nice pair of alpaca socks.

Don't even think about it, but how long until some idiot sends them a package from Silk Road?  Shocked
7463  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: June 05, 2011, 09:57:17 PM

Here's schumer's press release posted on his OWN web site. Looks like Utica College will get federal funds out of it.

http://schumer.senate.gov/record.cfm?id=333075&

" ... today called on FBI Director Robert Mueller to utilize Utica College’s cutting edge Cybersecurity Center to train FBI agents to appropriately investigate cybercrime and online terrorism. Utica College is home to both the Economic Crime Institute (ECI) and the Center for Identity Management and Information Protection (CIMIP). ..."
7464  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: June 05, 2011, 03:34:06 PM

Silk Road (and, the story seems to imply, bitcoins) attracts official attention:

  Senators target Internet narcotics
  http://www.sacbee.com/2011/06/05/3678190/apnewsbreak-senators-target-internet.html


= the banksters are worried.
7465  Economy / Economics / Re: Screw the economic growth paradigm on: June 05, 2011, 03:31:01 PM

You still haven't defined exactly what you mean when you loosely refer to "resources" everywhere in your arguments, so they are based on sand. Not science.

I have already shown, and you haven't refuted, that the actual resources humanity desires is a temporal phenomena that changes with technological advance. It can change quite abruptly, look around at what is happening right here. Domestic scale fusion reactors may come on stream next year.

Are you saying that humanity is going to cease to advance technologically?

Is this what you mean by running out of resources?

As long as we are still leaving the planet in better shape for the next generation than we found it, there is no reason to think the place has become unihabitable for future generations because of "resource depletion". You are conflating pollution and resource extraction if that is what you are erroneously thinking.

This is getting pointless and has implications far greater than the topic of the post suggest.

"actual resources humanity desires is a temporal phenomena that changes with technological advance" Actual "superfluous" resources you mean. Silk and gold, now its Nike and Apple. Thats what this growth is all about.
Another piece of the puzzle, our best friend energy! Since we began producing energy with oil and coal we haven't changed that much. And that was a long time ago. Exponential consumption of a limited resource = fail. And technology does have alternatives but they are not profitable so the problem is unresolved. The paradigm even goes against technological advance.
Unquestionable human needs: food, water, shelter, love... they have not changed and will never change. Without them we DIE. Yet we don't provide food nor water nor shelter for each and every member of our species. Yet we built a society where crime, depression, obsession, stress, suicides... are growing decade after decade. Where our idea of love is getting a 300$ present at christmas.

Thats one valid distinction between resources. Needed for survival and others. We are not even granting the survival of three fucking fourths our species. And you are wrong. Pollution = destroying the earth = not having even the basic resources.

Humanity won't stop advancing technologically, and i dont mean that by resources. Thats what i think being human is about. But we could stall, it has happened before, and i think thats where were headed because of our unsustainable economic paradigm.
Egypt was building pyramids 2000 a.c. and that level of technology was lost for millennia. Look at the middle-ages. Read about this: http://en.wikipedia.org/wiki/Antikythera_mechanism "Its time of construction is now estimated between 150 and 100 BC.[4] The degree of mechanical sophistication is comparable to a 19th century Swiss clock."

Open your scope. Open your mind. Really. Watch the film i posted before. If you can make your mind around the fact that our way of thinking depends on education and culture you can skip directly to Chapter II at 00:42 http://www.youtube.com/watch?v=4Z9WVZddH9w#t=42m10s
Chapter III is a proposed solution to our problems.



Well this is just a huge emotive rant that is not going solve anything, let alone define the problem more succinctly.

Have you defined what a resource is yet? I don't think I've seen the answer to this in your writings thus far, yet you use the term everywhere.

You seem to keep sliding around that point and back into the doom and gloom is nigh stuff.
7466  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: June 05, 2011, 02:57:45 PM
Just think, once the "bankers" and hedge funds find out about this, we are going to the moon.

This gave me an idea: a Bitcoin Space Agency. Maybe we could get some publicity by landing on the moon, buying up Nasa, and colonizing Mars using one or two Bitcoins when they become valuable enough...

Actually, before that we may need private satellite Internet relays to keep the network up when they try to block bitcoin traffic at the national borders which would fragment the blockchain.

I have some plans and contacts but too early for that now. Fire up the rockets later.
7467  Bitcoin / Development & Technical Discussion / Re: $man bitcoind ? on: June 05, 2011, 02:23:00 PM

Thanks, that'll get me started, or finished even.

Edit: well that all looks complete on first glance. Maybe just update any changes since 0.3.19 and then where is best place for it to go for general dissemination?
7468  Bitcoin / Bitcoin Discussion / Re: HMRC makes statement on Bitcoin in New Scientist on: June 05, 2011, 02:18:16 PM
Approximating 350 MHash per GPU  works out about 15,000 GPU's for the network's ~5 THash/s ... so actually an overstatement.
350 MHash per GPU average? Perhaps you could re-calibrate including the nvidia vs Ati market share ^^
your figure is not so much off anyway, still I think it's quite a big number... when you say "nothing compared to everyday stuff", well, I think there's a bit more than what you think... it's a geeky thing but it's still impressive!

Yes, impressive for the computer power of the network. I'm kind of annoyed there hasn't been a slashdot article on the technical network aspect achievement alone. If nothing else it has wiped folding@home's bottom, and the hardware come together in not much more than 8 months.

In the bigger scheme power usage and hardware in the industrial sphere it is nothing. A small fraction of the gaming market or Xbox network power consumption and hardware probably even.
7469  Bitcoin / Development & Technical Discussion / Re: $man bitcoind ? on: June 05, 2011, 02:07:30 PM

Nup. Nothing in that link ... any more ideas?
7470  Bitcoin / Development & Technical Discussion / Re: $man bitcoind ? on: June 05, 2011, 01:41:30 PM
There is one written for the Debain package, you can just grab it from there.

Thanks. Lucky I wasn't gonna start on that until tomorrow. If someone else is maintaining that one is there a reason why it isn't in with the git source?

Got a link to the Debian package source?
7471  Bitcoin / Bitcoin Discussion / Re: We Now Accept Bitcoin for FX and gold trading on: June 05, 2011, 01:34:34 PM
Yes we could trade BTC for coding.  Kindly send your CV to info@fnib.co

Please explain private keys.

How about consultancy?

E.g. if I will explain private keys in a PM,

would you send 5.56 BTC to this address?

Code:
1FhZkF9jUEWhbYmHWdMHbkXugM7kEtmB7q

(probably better if you go http://en.wikipedia.org/wiki/Public-key_cryptography for your financial health though.)
7472  Bitcoin / Bitcoin Discussion / Re: We Now Accept Bitcoin for FX and gold trading on: June 05, 2011, 10:22:12 AM
In response to some comments,


     Country restrictions affect elegibility to trade and margin requirements. 

 FNIB has hired programmers to integrate Bitcoin, among other tasks.  Developers with strong PHP skills and prior knowledge of Bitcoin coding are encouraged to send their CV to info@fnib.co

     Margin is 200:1 maximum.  Spreads are competitive.

Will you trade coding for BTC?
7473  Economy / Economics / Re: The current Bitcoin economic model doesn't work on: June 05, 2011, 09:55:24 AM
Quote
completely free of inflation and deflation, in other words being absolutely stable in value.

w.r.t. what exactly?
7474  Bitcoin / Bitcoin Discussion / Re: I love you all. on: June 05, 2011, 09:46:23 AM

Whew ... that last rally must have taken the edge off.

Was it gin or the special little blue pills, I think i'm tearing up here Cry ... what the hell is up with this group hug thing?
7475  Bitcoin / Bitcoin Discussion / Re: HMRC makes statement on Bitcoin in New Scientist on: June 05, 2011, 09:41:02 AM
Quote
At present, Bitcoin's P2P
clients are crunching data at a rate equivalent to more than 50,000
high-end PC graphics processors.
This is a massive understatement. Tongue

Approximating 350 MHash per GPU  works out about 15,000 GPU's for the network's ~5 THash/s ... so actually an overstatement.

Some people seem to have an agenda in wildly over-stating how much hardware and power is going into the bitcoin network. Yes it is large by computing standards but it is completely insignificant compared with other industrial activities that are happening 24 hours a day around the world, including the current banking systems.
Deepbit alone has ~2 THash/s... does it really make up that much of the network?

No agenda, just misinformed.  Didn't do the math but it didn't sound like enough.

Oh, the agenda comment was not directed towards you ... the source of the source most likely. Just seen some wild numbers bandied around, 1 blow-hard was talking about how much weight of steel it represented or some such nonsense.  Roll Eyes ... and his numbers were laughably wrong anyway.
7476  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: June 05, 2011, 09:34:36 AM

Yeah, like everyone is going to rely on a "central bank" ever again ... well maybe not for the next 300 years. I think that horse has bolted, it's a bust, and it failed as spectacularly as communism, for very similar reasons.
7477  Bitcoin / Bitcoin Discussion / Re: Chaumian blinding layers on: June 05, 2011, 08:42:06 AM
It's just a roundabout way to launder (mix) Bitcoin. Chaum's blinded cash can protect your identity from a central bank. In the context of Bitcoin it would help you launder coins without trusting the laundering service, i.e provably secure in a mathematical/cryptographic perspective. In their current incarnation laundry services are opaque: they can do a bad job or keep logs that would effectively make them useless. The secret service could setup it's own laundromat with full loging, and there's no way to find if a laundromat is trustworthy, or if a previously trustworthy one has been compromised.
However the effectives of blinded digital cash relies on you finding partners with which to trade good and services. I can't imagine how that would go. "Have 2Kg of pure Colombian, accepting payment in blinded bitcoins" on craigslist ?

Wouldn't people then just spend them back to themselves on another address with a clean install wallet. No need to trust the integrity of the service beyond, "they took off with the loot" ...

"... put your left foot in shake it all about, put your right foot in, shake it all about, that's what its all about ..."

It seems mathematically complicated but to a user it should be straightforward once the machinery and interface is in place.
7478  Bitcoin / Bitcoin Discussion / Re: Chaumian blinding layers on: June 05, 2011, 08:22:58 AM

Found a better link than the one in the article to the service.

https://blindbitcoin.com/technical.html
7479  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: June 05, 2011, 07:23:11 AM

luv the billboard MemoryDealers ... it ain't real until it is up in lights eh?
7480  Bitcoin / Bitcoin Discussion / Re: HMRC makes statement on Bitcoin in New Scientist on: June 05, 2011, 06:50:03 AM
Quote
At present, Bitcoin's P2P
clients are crunching data at a rate equivalent to more than 50,000
high-end PC graphics processors.
This is a massive understatement. Tongue

Approximating 350 MHash per GPU  works out about 15,000 GPU's for the network's ~5 THash/s ... so actually an overstatement.

Some people seem to have an agenda in wildly over-stating how much hardware and power is going into the bitcoin network. Yes it is large by computing standards but it is completely insignificant compared with other industrial activities that are happening 24 hours a day around the world, including the current banking systems.
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