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Looks like Bitcoin has seen its day.
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1) Generate a key-pair 2) Put the private key and bitcoin address on paper (keep paper, delete the rest) 3) Mine to the address Finally monitor your balance: http://blockchain.info/address/<insert bitcoin address> Then you don't need a wallet until you want to spend. There are several ways to do 1 & 2 in a secure way, here is one: http://www.youtube.com/watch?v=milxhe-RoCIThis. You can be creative as you want on how you preserve the private key. Treat it like the combination to your safe. |
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Do you feed the electricity produced by the sterling engine back into the Jalapeno thus creating a perpetual mining rig?!!??
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I find it extremely short sighted that people believe that the only way to pay for government services is through force.
I guess that government education did not work after all.
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It always comes back to "but look at all of these wonderful things you get from the money we stole".
Then stop using the services. "Don't use the government if you don't want to pay." Me not using any services does not change the stance of government stealing from me.
Which services are you using currently? "but...uhh...ya..but...Roads!1!!" should be paid per use (modern technology and all)
Just stop using the roads. So are you saying that only tax payers (people robbed by the government) should use government services and roads? And are you ok with theft? |
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It always comes back to "but look at all of these wonderful things you get from the money we stole".
It still does not change the fact that the money is stolen.
"But we -need- government, so it is ok to steal." Does not change the fact that the government gets their money from theft.
"Don't use the government if you don't want to pay." Me not using any services does not change the stance of government stealing from me.
"You're a hypcrite if you use government services but hate taxes (being robbed)". That would make sense if I was asking for more services yet asking to not pay for them. As it is, most people who are against taxes are also against government spending.
"but...uhh...ya..but...Roads!1!!" should be paid per use (modern technology and all)
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The industrial motor setting was most relevant to Ayn Rand's time and fit the book well. I could see the same meeting of the Federal Reserve where a young financer by the name of Satoshi stands up and walks out to stop the modern day motor of the US, the financial sector.
Except that the financial sector isn't the motor of the economy, but is rather a bloated parasite sucking the life from it. True...but that's all the US economy is good for now. We don't manufacture stuff, we move numbers. |
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There are two things that will affect profitability with ASICs from here on out. The hardware will become cheaper with economies of scale and Bitcoin price will go up.
As more people get ASICs companies will crank them out like they're candy, the price will come down and the Bitcoin network will become more distributed.
I imagine future company policies will crack down on people running mining thumb drives at work because most of your cost will be in the electricity required.
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you gotta have a military. An organisation.
gorilla warfare works
A blade behind every grass. Does not require a military. |
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Less than 5% of my laptop hard drive.
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They will go anyway. Hacking is their job. Defcon is their play time.
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I am working on something that could take care of this very well except it would have a precursor to Step 1.
Step 0. A goal is set and bitcoin owners pledge the amount that they are willing to contribute toward that goal.
Then several developers can submit proposals. A criteria will be set for taking on the proposal.
Then the proposal that appears to be the best to the bitcoin owners will be voted on. If the criteria is met, the proposal is awarded.
Your technical problem is solved by the software and the behavior problem is solved via escrow.
I believe that the idea of people pledging toward a problem first is easier than first presenting a solution and then asking for funds. This does not apply solely to development either.
See my signature for more.
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Awesome quiz!
Would you mind if I translated it into Russian and spread among my friends and acquaintances? Properly credited, of course.
Go for it. No credit necessary. |
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Heh...put those structures on floating platforms in the water and call it a seastead and you may get some good story lines out of it. Attack by pirates, disgruntled nations, etc...
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You mention "in game bitcoins". It would be great if everything was real bitcoins. Your site would make money by selling the initial in-game hardware, people could trade resources in the game but you could facilitate those trades in a more efficient fashion for a small fee per trade. Sort of like charging for escrow.
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Bitcoin price is a good Google Trends predictor.
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Taxation is theft
Government money is owned by government. Their money, their rules. If you choose to do stuff with it, for example: earn the right to become the legal "bearer" of some of it, then it's still government money and you still have to play by their rules. You know those weird laws that prohibit people from burning or deliberately damaging legal tender? (I know at least a few countries have such laws, probably most.) That's because even if you're the rightful bearer, the money still isn't yours! Saying things like "this is my money" (and the gubment is trying to steal it) is usually intellectual laziness, unless you're claiming that your government is trying to tax the bitcoins you control (or other tokens of some other system of money that they don't own). Then that would be theft. The government does tax the bitcoins I control. It has been discussed on this forum several times. Surely you jest? You're being deliberately thick, right? Let me guess, you exchanged some bitcoins for the right to bear government money, and the government money got taxed? I spend my Bitcoin. Whenever I spend that bitcoin, if the value has gone up since the time I earned that bitcoin I am required by the government to give them a cut or be kidnapped. |
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Restitution to the victim.
It was found in icelandic law that if restitution could be transferrable it helped weaker victims who could not fight for their rights to sell their rights to restitution to someone who could.
Restitution was usually in the form of payments to the victim.
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