Just be happy that there is no new technology beyond ASICs for a long time.

Are we talking about the ones in office or terrorists?

I am not saying that governments are inevitable, but that there has to be something in place for each person to be protected from the formation of power greater than them.

The wild west is a great example of no government but a culture built upon self reliance and self defense. Being good with your gun was common, carrying guns was common. The wife and kids at home knowing how to shoot a rifle or shotgun was common. It was common for a reason. They also had the ability to raise a posse and organize spontaneously as people were more grounded and knew everyone in town, so going up against one person was going up against the whole town if you were being predatory.

In Iceland they had a great form of electing people to represent them in a competitive way and organize protection against other groups. It worked well until something more powerful, the Catholic church, came along and tipped the balance.

The absense of government will not necessarily create government but it will at least be replaced by people cooperating with one another in a way to best increase their ability to protect themselves. If everyone has equal power then the golden rule is a given, it is in both of their best interests to do so. With an unequal balance of power the one with the power gets to decide if the golden rule is followed, our US government has demonstrated that it does not need to follow that rule against those that are weaker.

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That is what I was talking about when talking about you and your friends having enough power to make the power of the other moot. Call them friends, call them paid security or whichever.

The statement of an anarchist world goes along the lines of being born with inalienable rights. That is just something you are born with, everything from there on is thrust upon you such as the prisons, taxes, borders, etc.

But in a world of survival of the fittest, those that organize their protection win out. It just so happens that this has happened. The US government has amassed great power, and they are more fit than me or you in this world of survival of the fittest.

That is why I am saying that just like in the world of currencies, the Federal Reserve has reigned as the ruler of money in the US. The solution is not to end the Fed or destroy the dollar. But to build an alternative that is better. I believe that is also the best way forward when dealing with governments. Not to try to end them or bring them down, but to create a better alternative based on voluntary decentralized power.

In such a way that the 18 year old scenario would be more like this:
You leave home at 18 taking along a bottle of champagne to the local park. You go to take a drink and a guy stops you.
At that point you face a choice. Are you more powerful than that dude? Can you continue drinking without him interfering? You may be bigger so you stand up to him telling him that you are a free person that can do whatever he wants. The dude disagrees and pulls a gun. He tells you that the park was created by the Conservative Prohibition Club and one of their rules for the park is that nobody can drink alcohol on their property. He tells you that he belongs to their security force, CPC security and that he has jurisdiction on all property belonging to that club. But he tells you that the Liberty Alliance has a park just down the road that allows drinking whatever you want. They have a Liberty Alliance security force that is just as powerful as the CPC security so they leave each other alone, besides both security forces get partial funding from the Stop the Violence Association who's explicit goal is to prevent security forces that they fund from interfering with one another or face the loss of funding.
You move along to the Liberty Alliance park and enjoy a good drink with like minded people.

The IBM technology is software based, not hardware based. It decentralizes the computations at a software program level so that you can run the program spread out over many machines. This works really well for feeding data through it in real time and not having any bottle necks. I used to work for IBM and took a class on how to use their Watson technology.

As for mining, saying that this is something to worry about would be like saying that we should worry about them using 100-1000 computers using CPUs to do a 51% attack.

But when I took the class they mentioned that they were able to feed all of the data of the Internet through the thing in 2 weeks. They tried to see how much data could break it in a simulation and their data producing engines could not create data fast enough to overwhelm it.

Well archy means: a combining form meaning “rule,” “government,”.

So anarchy would be without rule or government. Basically nobody ruling over you. Chaos implies confusion or disorder. That is not what I am saying would happen without people being ruled. The only chaos would be from the perception of someone who wishes to rule people.

But there can be order without being ruled. You play a game of pool and though there are rules, nobody is ruling over the players. The rules are agreed upon by the two players beforehand and followed.

For those who supported Mitt Romney, do you really believe that he would have done anything differently when it comes to the NSA and gathering information on every American to help "fight the war on terror"?




Your choice was not in November 2012, it was in winter & spring 2012. Did you choose the guy who would have put an end to the spying?

You speak of GPU miners as though they would be making big money today if it were not for FPGAs and ASICs.

The reality is that back in the day CPU miners were complaining in the same way that people who can afford to buy expensive GPU cards had an unfair advantage and were taking away the decentralization of Bitcoin. That anyone should be able to just turn on their money and start making money.

Back then, the investment in a $1,000-$2,000 graphics card may net you $1,500 to $2,000 worth of bitcoins. Sometimes people lost money on mining.

Then FPGAs come along and outpace the GPUs. These cost more and the return is slightly more because the Bitcoin price has gone up a bit more. Then ASICs come along and they cost more and the return is again slightly more because the Bitcoin price has gone up a bit more. But the percentage has remained fairly constant no matter which hardware has been used.

But the thing here is, there is a large chasm between the fastest hardware available today for mining and the next level (quantum computing).

We are in the early adopter phase of ASICs. Several companies are working to mass produce these by the hundreds of thousands.

In the future you will be able to order an ASIC at a much lower cost and have it shipped out within days. Hell, just before quantum computing comes out you may be able to go to your local Best Buy or Walmart and buy a Bitcoin ASIC miner next to the roku boxes.

The more people that are able to use these ASICs will mean that the difficulty will be higher and the payout will not be as high as it is today, but the price will be higher so more than likely there may be a return similar to what people have received before. But the key is that they will become even more decentralized. There is no "next" technology to pool money for like the ASICs that will give you an advantage over everyone else.

If you are a physics major your best way forward would be to look into quantum computing and focus on that because I guarantee that once Bitcoin takes off, the sprint will be to be the first to come online with a quantum miner. But the technological leap will be years in between so we will be able to enjoy cheap ASICs for quite some time.

They key to the faster technologies is that the faster they are, the more secure Bitcoin will be, and the worries of a 51% attack by any outside entity will be a thing of the past.

Hmm, I got the grid two spaces in front of the location of the capitol which is where the street is. But not directly in the location.

Oops...maybe someone will sill give me 10k for it.

You have to confirm your e-mail.

The fact that he believed Obama's promises shows that he is not all that smart.

He will be caught.

The next Final Fantasy will not be made for Xbox as well.

I have the US Capitol.

Has the White House been claimed yet?

No online fee for PS4 to play Netflix, games do not require Internet connection but if you want to play online games it's $50 (not sure of time frame).

http://www.independent.co.uk/life-style/gadgets-and-tech/news/ps4-vs-xbox-one-sony-and-microsoft-headtohead-at-e3-games-expo-2013-8654333.html

You can pre-order at the Sony website.

Which will you be getting this Christmas?

Also, does anyone know if there would be a procedure to get in as a business to bulk order several hundred of these so we could pool our money to get a shot of the first run of deliveries? 

If so, that would be one of the first trials for my BitPools site.