Most libertarians and an-caps agree that the initiation of force or fraud against someone is wrong and if there are any laws, they should focus on those two things.

But I would say that Bitcoin has proven that people who are exposed to fraud are more aware and are more able to avoid it on their own.

Just like the guy who is working on the BitcoinCard stated that he was considering taking pre-orders but because of the stigma that has within the community he decided not to do it. Everyone knows to be very careful with using bitcoins for PayPal. There are ways of dealing with scammers...exposing them and letting people see that person's history. E-bay ratings is a good example of how good businesses thrive while people who commit fraud can have their business affected. With today's technology fraud should stick to any person for the rest of their life...allow people to make their own decision on whether or not to deal with that person based on their past.

Protecting us from fraud makes us complacent.

Is it convenient to be protected? Sure. Being the first person to get screwed over by someone who was otherwise trustworthy would suck. But the threat of living with it the rest of their lives should discourage people from committing fraud in the first place.

I have looked into delayed transactions. It is possible but the client has to still be running at the time of release.

Thank you, I will be focussing on small organizations first so that the concept can take baby steps to explore this new type of organizing.

Ultimately it needs to be open source, p2p but starting with a centralized platform to learn what works and what does not is a good approach I believe.

They are the men behind their puppet, Alex Jones.

Are walking around with a smoothie in your hand?

You are looking at it wrong.

You say you have some BTC, do you also hold dollars?

If you hold dollars...why?

Do not treat BTC as an investment. Treat it like your new currency. Think of it like moving to another country. You may still have some bills back in the states using dollars but the rest you should turn into the local currency. Start figuring out ways of spending your new money for things you used to spend with dollars.

With BitSpend you can use bitcoins for anything on the Internet.
With Gyft you can spend money in at most major retailers.
With bitcoinbillpay you can pay most of your bills.

You mean the ships passing by...Somalia?

Should people not walk down sidewalks because walking down the sidewalk in the wrong neighborhood will get you shot?

Hmm...2 is a lot.

When getting a restraining order for a neighbor they are still allowed to pass within the allotted distance in order to live in their home. I looked into this for a neighbor that had to pass by my house every day to get home. He would have still been allowed to pass by the house.

There are many expiriments working toward getting a hand to grow out of your shoulder. It appears the the first person had this successfully done.

A quick and easy way is a paper wallet in a graduation card.

Include some links in the card for how to spend it:
blockchain.info/wallet to spend it
https://bitspend.net to spend it anywhere on the Internet.
http://www.gyft.com to spend it with a gift card.

I see that there is a bitcoin ATM there...put government money in, get BTC to your smart phone.

Sweet.

Radio stream at http://freetalklive.com

My favorite coding music is Pink Floyd.

When my bitcoins gain value I will pay taxes on them.


As it is, I have lost all of my bitcoins that I bought at a low price. The only bitcoins I have left are the ones I bought at a high price. Those are the ones I spend.

 

If there were a decentralized computer system used to power your home or run your cell phone it would likely get more processor power than Bitcoin.

We use money more than we use extra terrestrial knowledge or cancer research.

That is the whole point of the voting system. Make the people think they have a voice and that they can change the system.


We need to remember that during the American Revolution 80% of the people were ok with going along with the British system. The small percentage that were willing to grab their guns and fight were a small group compared to the main population.

An ASIC in every home.

As it states at the bottom of the page:

* Electricity consumption is estimated based on power consumption of 650 Watts per gigahash and electricity price of 15 cent per kilowatt hour. In reality some miners will be more or less efficient.

A good long read.

http://reason.com/archives/2013/05/13/the-blank-slate-state

Basically the Honduran president's chief of staff is a libertarian with dreams of free cities. He was able to talk the president into giving it a trial run. After some comprimises getting the law passed through their congress it was set to go. But then it was fought at the Supreme Court level and overturned. It was overturned mainly for political reasons dealing with backlash against some corrupt politician.

Now they are back at it drafting a new law that would fit within their Constitution and be able to face the scrutiny of the Supreme Court.

More than likely, as things tend to go, the better the idea the more special interests will want to get involved to get their cut thus diluting it to the point where when it finally makes it through it is a bastardization of the original idea and will fail for those very reasons.