I think it's brilliant. This takes the passive resistance movement to the next level. Let's see if some Janet Reno wannabe will roll tanks over US citizens. First they ignore you, then they mock you, then you win.
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I think it's a non issue. By the time Bitcoin has a substantial user base, there will be technological solutions to energy efficiency.
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Wait.. How exactly did we get from "lets promote bitcoin to merchants" to "is bitcoin good, bad, to-be-banned"? But then not many people here seem to like my initial idea to begin with..
Ente
Merchants can hand out scratch off cards with purchases that have random Bitcoin value. Something similar is done with coupon type local currencies, but Bitcoin has the potential to gain support quickly.
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I really like the word precious.
Precious bits - mined at great expense of electrical power from the great sea of hashing possibilities!
My PRECIOUS!
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I think a bug in the law of gravity will be found before a bug in Bitcoin.
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It would be amazing if Microsoft, Sony, and Nintendo each made bitcoin compatible hardware.
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You don't need Bitcoin to do illegal things. In fact, it makes it too easy to catch crooks using Bitcoin. PGP email and cash would do the same thing. Killers don't live by the same rules everyone else does. That's why it's so difficult for agents to infiltrate organized crime. [tinfoil hat] In fact, that's also probably why it's so difficult to reach high levels of government bureaucracy. [/tinfoil hat]
Tagging, blacklisting, whitelisting, etc. just show how much easier it is to make crime more difficult. Saying that we shouldn't use a technology because it is beyond law enforcement is like saying in 1900 (ish) that they should ban automobiles because they can outrun police horses.
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Where I see bitcoin succeeding is in killer apps that were not possible before bitcoin
Yeah, killer apps like assassination market. The only missing component was anonymous and untraceable payment system like Bitcoin. What's an assassination? I've never heard of that before. I guess that must be something that can't be done with cash. Take a read: http://en.wikipedia.org/wiki/Assassinationand http://en.wikipedia.org/wiki/Assasination_marketI'm waiting for such a market, just I was waiting for Silk Road. I was being sarcastic as noted by the here's your sign. Law enforcement could trace/honeypot/shutdown SR if they really cared. The entire Bitcoin network barely registers as any money at all for anything. When Bitcoin is worth many billions of USD then SR could raise an eyebrow. Murder OTOH, would raise an eyebrow and be shutdown quickly.
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Where I see bitcoin succeeding is in killer apps that were not possible before bitcoin
Yeah, killer apps like assassination market. The only missing component was anonymous and untraceable payment system like Bitcoin. What's an assassination? I've never heard of that before. I guess that must be something that can't be done with cash.
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If you can't dazzle them with intellect, baffle them with bullshit. There is good money in pseudosciences like astrology, NLP, this nonsense. I'm not saying they are not useful, they are simply a crutch like any other religion. Well, if personality analysis is useful, how is it a crutch? I don't think anyone here lives their entire life trying to following their Jungian/whatever expectations, or rigidly expecting others to consistently follow theirs. (Let's hope not, at least.) And I think at times there's no reason to NOT recognize the categories people fall into. If I decide to sell chocolate, there's no point in refusing to acknowledge that everyone is, exclusively, either (1) someone who loves chocolate, (2) someone who hates chocolate, (3) someone who has no strong feelings either way, or (4) someone who's never tried chocolate. Everyone's either a L, H, N or X. I'm not choosing to categorize people that way, I'm just recognizing and admitting that those categories already exist in reality. (But of course, it's how we react to the categorization that can cause problems.) Show me a peer reviewed journal (or article in such a journal) of the personality analysis you are defending. I may reconsider my position.
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I say: digital gold - everybody can understand that
I agree, "digital gold" is really good. captures many of the features. That claim is also more than a little grandiose. Sure, gold is a commodity, but Bitcoin is nowhere near that valuable. Noone said that bitcoin was as valuable as gold. It's not about quantities, but about qualities. You can also call it digital poo. It's not about quantities, it's about qualities.
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I say: digital gold - everybody can understand that
I agree, "digital gold" is really good. captures many of the features. That claim is also more than a little grandiose. Sure, gold is a commodity, but Bitcoin is nowhere near that valuable.
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It took many years for fractal mathematics to go from making pretty pictures in movies to changing the way we understand the universe. This will only confuse people. Most people don't know about fractals. Most who do know, still see it as pretty pictures. Heh, I was trying to think of an allegory based on math. Maybe I should use "It took many years for people to understand New Math."
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Hows this: Bitcoin is a fundamental technology based on mathematics. It will do to banks what email did to the post office, but that's just the beginning. It took many years for fractal mathematics to go from making pretty pictures in movies to changing the way we understand the universe. Bitcoin will change the way we understand economics and how we function as a civilization.
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Someday yes, but not at the moment. It will upset people to get high electric bills if they don't understand about mining. When Bitcoin is used for multiple applications where is behooves someone to leave the client running 24/7, then the option of making transaction fees will be a plus.
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I would like a bitaddress option to generate a PDF of dollar bill sized print outs. What printcoins.com is doing works great because they fit in a wallet.
I'm having to pshop them manually. I'm not printing bill exactly, but a similar format. A DTP program would prolly do a better job.
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I need to consult with an attorney about a B2C business plan that can have heavy exposure to FUD from politicians that don't understand Bitcoin. Unfortunately, there are no banks in the USA that recognize Bitcoin nor is there a way to insure transactions. I would like to trust mtgox, tradehill, and strongcoin, but I don't know what a relationship can be with them. I need to know from the Bitcoin community about experiences with consumer relations. Before I walk into a local law office talking about alien technology, is there anyone with recommendations?
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Who is working on windows or smartphone version of this?
[edit] an xbox/kinect version would rock.
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Howsabout CVD Superdiamonds with single atom arrangements forming the keys. Really before we go crazy over physical bitcoin, shouldn't we have a way to redeem them that doesn't require 3 forms of ID and 8-10 business days. You can use this little tool (OSX only ATM) to create a new wallet.dat containing your priv key. Note however, this tool does not support encryption or any advanced features, it just creates a wallet with a single key in it. I already started working on an updated version, but this takes a lot of time, so I can not make any announcements right now. hf . I'm naming my next child oOoOo
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