Well this statement has no basis in reality, either theoretical or observed behaviour.

Multi-currency regimes in free banking states that have flourished previously in Hong Kong, Panama and Scotland had a multitude of currencies issued from competing private banks. There is no 'winner takes all' because big users/holders of currency wish to spread their risk and rightly so.

Crossfire off?

And then you have to factor in alternative, competing crypto-currencies that can be created ad infinitum ... it is really difficult to see this deflationary, depression-bound bitcoin economy threat that gets trotted out.

It is something like a hybrid between tally sticks http://en.wikipedia.org/wiki/Tally_stick (particularly analogous is the split tally system of medieval UK) safe deposit box and keychain.

The P2P bitcoin network has the record of the tallies, contained in safe deposit boxes that are held throughout the network in the block data, and the keychain in your wallet.dat has the keys to access those safe deposit boxes where your tally is kept.

First big problem, the best fertile land for growing potatoes is halfway up the hill on the sunny side, frost-free, gentle slopes and everybody wants to use it, but you seem to be saying nobody owns this land, as that would represent capital ... how do you decide in your commie paradise who gets to grow potatoes on the best land and those that get the crap low-production, high-risk land?

Well firstly the conflict of interest is a separate question as to whether he has the means to act on it and you've conflated the two.

The conflict of interest is clear. If I and you are competing as miners on the bitcoin network, then you and I and slush are all competing as miners on slush's pool. We all have an interest to do as well as we can out of slush's pool venture. Yet only slush operates the pool, the conflict of interest is clear.

As to mechanisms, I think the easiest way would be for the pool operator to set it up so that the pool accepts his miners shares that been calculated with a difficulty less than 1 and just skim a little by producing more shares for less work. Would be very hard to detect without having access to the pool operators code.

For all the inflationistas, they great thing about crypto-currencies is that you can go ahead and make your own one, that inflates, deflates or blows up spectacularly after a pre-determined period.

Go ahead put your best crypto-currency forward and let the market decide.

I was only considering wattage and temperatures ... but if hashes can be increased all the better. Spinning the mem. clock more than it needs to is just inefficient. I'm purely hashing with these cards right now and want to see how much can be squeezed out for a feasibility of a bigger GPU cluster application also.

A wider question is whether it is really necessary to use Xserver and display adapter config to make the OS GPU aware for OpenCL clustering. Are there other routes? The whole Xorg, display adapter integration seems a bit kludgy when what we want is to get computational access to the GPUs.

As long as slush has his own personal miners connected to the pool he has a conflict of interest, as does any pool operator. It is kind of like a market-making trading bank dealing in the same the pool with their clients. They have an advantage and are directly competing with their clients.

Not to say that slush is doing anything wrong, just that there is a conflict of interest there, as there is with any pool operator who has their own miners connected to the pool. As long as that is the case the suspicions will remain, but if the situation is spelled out and transparent it diffuses it to some degree.

[Tycho],

just for informational purposes and in the interests of transparency, do you have a personal rig connected to your pool?

Or any rig, connected to other pools, or solo mining?

Ok I admit, I didn't read them all.

I don't see why we cannot just make default fees miniscule as to be insignificant, i.e. 1millibitcent (0.00001 BTC) or similar, but more than zero to discourage spamming TXs.

Very intriguing idea. Maybe we start a bounty for the first person to have a legal contract written with bitcoin denominated as the settlement currency?

It would make for a great precedent and be the seminal contract for a new branch of common law based on crypto-currencies.

... baked into the fiat-debt slave monetary system.

Okay, tell just how the fuck you would grow a crop of potatoes (or anything) in this delusional non-capitalistic society you are dreaming of and I'll tear every little element of your grand plan to shreds with the practicalities of growing potatoes.

You want to starve? Now tell me how to grow potatoes.

I've read about Windows guys having ability to under-clock memory down to 300Mhz on the HD 5XXX cards is there a tool to do this in linux?
Aticonfig seems to be getting its minimum mem clock speeds from somewhere, GPU BIOS, how do the windows clock tools get around that?

E.g:
$ aticonfig --odgc --adapter=all

Adapter 0 - ATI Radeon HD 5900 Series
                            Core (MHz)    Memory (MHz)
           Current Clocks :    725           1000
             Current Peak :    725           1000
  Configurable Peak Range : [550-1000]     [1000-1500]
                 GPU load :    99%

Adapter 1 - ATI Radeon HD 5900 Series
                            Core (MHz)    Memory (MHz)
           Current Clocks :    725           1000
             Current Peak :    725           1000
  Configurable Peak Range : [550-1000]     [1000-1500]
                 GPU load :    98%

indicates the minimum mem. clock speed is 1000 MHz, configurable range [1000-1500].

Is there a --pplib-cmd that will do this perhaps? (related does someone have a list of the --pplib-cmd options?)

Well there is a huge fallacy right there, and practically unworkable also. If you produce a surplus from your labours and it belongs to you, you have the right to withhold it from anyone you please, surely. Money is nothing but a surplus of your labour, that is how money began. Are you saying your money does not belong to you? Are comfortable taking my surpluses from me any time you see fit?

This "capitalism bad" mantra might sound seductive but it has no basis in reality and falls apart at the first logical inspection. Capitalism is not inherently bad, flawed maybe, bad people can do terrible things with capital, good people do amazing things with capital ... capital is agnostic, use it how you see fit and let your God do the tally up at the end.

"Render unto Caesar what is Caesar's and render unto the Lord what is the Lord's" some wise guy once said that pithily sums it up in affairs of this matter, (Caesar is an allegory for material wealth in this context, if you were wondering.)

What terrible things happen because capitalists use them to make profits? You're are not making a lot of sense.

Evil communists make wars for ideological and control reasons, evil capitalists make wars for profits, evil socialists make war on people's minds for "green" power, wtf?. Evil people do evil things in any system but communism and socialism are demonstrably evil because of the servitude to the collective and authoritarianism that is inherent. There is no liberty without capitalism, but capitalism is only a necessary and not a sufficient condition for liberty.

Good idea, that would be a bank.

The first bank to begin dealing, trading and providing accounts in bitcoins will get some of my business. It is just a matter of time.

Capitalism works because its net effect is to take precious resources out of the hands of those that waste, squander and defile them and distributes them in a somewhat optimal way into the hands of those who grow, produce and nurture them.

Dysfunctional capitalistic systems, crony capitalism, centrally-controlled debt fiat-based capitalism, authoritarian capitalism (china) and etc, somewhat work but eventually meet a denouement when the control of resources ends up in too few hands (who are, yes, wasting, squandering and defiling resources). The rich-poor gap becomes untenable and a large majority of people get hungry and angry. Hungry, angry people stop working and revolt or go to war, this is inefficient and destructive but serves to bring about a more productive allocation of resources. It, the free market works and has done for centuries, as long as conflicts between individuals (theft, fraud, exploitation, etc) are settled equitably and it isn't interefered with from on high by the state, large corporations or other forces that attempt to centralise power and control over resource distribution (bail-outs).

Natural capitalism and the free market is the embodiment of the original P2P network for distributing resources (used here to include labour, services, IP, money, anything that has value).