One of the slickest bitcoin wallet sites turned out to be a scam:
Who is Tom Williams? MyBitcoin.com Reappears with Statement Claiming Site Was Hacked

You should proably avoid storing large ammounts of money on any exchange, or your computer if used for day-to-day activites for that matter.

I was wondering why Tungsten and not Lead (which has a higher atomic number than Gold):
- http://en.wikipedia.org/wiki/Tungsten

If they start Mining with one of their $30,000 (1Thash/s) mining rigs, it should show up on Bitcoin Charts (as 5% of the network).

Is the OP supposed to be some kind of metaphor for the "mothering" state?

If so, it greatly over-simplifies things to the point of being pointless. The "free Market" can not exist without state control and regulation. Money is an obvious example, that people on a bitcoin forum are obviously going to discount. Other examples include natural monopolies like roads and utilities. Other things require cooperation like spectrum allocation and dispute resolution. "Opting out" is not a viable option in those cases.

Microfilm/microfiche. Stores data optically for approximately 300 years. Can be read with a magnifier and light source. I predict that in the future, this will be used to store "proven correct" source code and circuit diagrams.

Pencil/Paper. Works at -30 Celcius, does not require power. Does not work well when wet though.

Bicycle. More likely to be maintainable in a post-apocalyptic world than your car. Faster, more efficient than walking.

Did I win?

If they really want to do a burn-in, they can use test-net.

Possibly related: Child Porn Laws Aren’t As Bad As You Think. They’re Much, Much Worse.
Not exactly humor. Reading all the comments on the previous article (linked in the first paragraph) drained my energy for a couple days.

IMO, that is an unreasonable demand. In the case of trans-gendered people, that test is likely inconclusive anyway.

There is an obvious reason Butterfly Labs does not want to mine themselves: In the long run, mining is not very profitable. It is expected to converge on the cost of bandwidth/electricity. There are only so many bitcoins to go around; only so many block processed per day. In the long run, Butter fly labs can make more money selling chips to miners trying to outdo each other.

Why would the Metric system, or more precisely, Engineering notation (the base unit is 10nBTC) be so hard for the average person to understand?

For me, that is easier to understand than arbitrarily moving the decimal place. The best part of engineering notation is that you can move the decmal place on the fly, depending how large the transaction is. Your proposal won't work (unless everybody agrees to switch at the same time (thus won't work)).

Edit: :oops: I thought I was responding the the OP, and disregarded important punctuation.

Good point. That is not the official betting format though.

Edit: still lacking bitcoins, I was assuming that was about signing the bets, not proving access to funds.

There. I made a bet agianst. The rules did not specify a minimum ammount

Edit I really did bet in the thread MNW made. I should have known this thread pre-dated the other one.

New users are restricted to reduce the number of sock-puppets. However, the best description of this forum I have seen is that "even the trolls have trolls."

Bitcoin is also a currency with irreversible transactions. This makes it a magnet for scammers. It is understandable that people will be cautious after being burned one or more times (and want to warn others to be cautious).

I don't really have any way out to suggest though. The official bitcoin project distanced itself from the forum over a year ago. I think moderators moving threads probably helps clean up the forum quite a bit, but I mainly browse the main discussion section out of habit.

The Article linked by Stephen Gornick. Social networks are now being used for credit checks.

Or you could just use SHA-256 directly.

It won't work though. Once published, anybody can "prove" they are the author by spending the bitcents. Unless, you mean proving that you control the originating address.

Also: Proof of author rights with time from blockchain

I wanted to explain to a (possible) newb that pizza once cost 10,000 BTC.

After doing a "Bing"(TM) search, I came across a Bitcoin history page.

On that page, I found the following link to the pizzas:
http://bitcointalk.org/index.php?topic=137.msg1195#msg1195.

For historical reasons that should probably be documented on that page, that link gave a 404 error.

I tried "fixing" it as follows:
https://bitcointalk.org/smf/index.php?topic=137.msg1195#msg1195

I then got the following message:

I always do as I am told
Edit: looks like the forum auto-corrects my error report

When I read the GMWG proposal I didn't like it. However I found it interesting enough thatI think it may deserve its own block-chain, just to see what would happen. I don't see starting at zero value as a problem. The Pizza example was a direct reference to 10,000 BTC Pizzas. I don't expect people to hold a devaluing currency for long. As I mentioned, that may encourage a more stable economy. Or it may fail catastrophically. I don't know. The person(s) proposing GMWG probably don't know much about Bitcoin. Their proposal comes from an economic viewpoint.

I am also not sure floating point is the best way to implement it, but as I have said, it has some interesting properties. With demurrage, you can "forget" balances too small for people to care about (as measured by the minimum transaction input/output value in my yet-to-be proposal).

Thank-you Etlase2 for the pointers. I don't follow the alternate block-chains much. I am most interested in "namecoin", but have not had time to do anything with that either.

No, the value can never drop below zero. Just like bitcoin, the value will "float". Initially, a pizza may be worth something like 230 Giga Green money credits. If it becomes the default currency for credit default swaps, pizza may be only worth 6.7 micro Green money credits.

Devaluation means that by the end of the year, your 230 Giga Green money credits may be worth only 50 Kilo Green credits or so.

Etlase2: I am not doing a transaction ledger. My proposal is going to be complicated enough as it is.
Need sleep. Isn't the block-chain a transaction ledger?