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921  Other / Politics & Society / Re: No longer tin-hat conspiracy theory: FEMA Camps Everywhere on: December 13, 2011, 08:03:20 PM
They accept it, because of 9/11.  If some terrorists need to be liquidated to prevent another 9/11, then that is ok in my book. 

As long as one has reasonable assurance the target in question is indeed a dangerous terrorist, few people will disagree with that. But when its sufficient that some politician can just say he is a dangerous terrorist, with no oversight, no burden of proof, then it becomes a completely different matter. Thats the sort of power that defines a tyranny.
Ok, so where is the proof that politicians can pull the trigger by just saying the word?  And what politicians are we talking about here?  I would certainly trust the president (whoever it was at the time) to be able to make the right decision, but I'm betting that some random congressman couldn't just issue a kill order on a person.

Why is the president more trustworthy than a congressman? He's just "some politician" like any other, it's not like there aren't congressional committees that get briefed on military issues and international intelligence.


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So, give more info if it is true that a politician can kill people without consequence.  Who can do this?  And what are the steps to accomplish it?  What checks and balances are in place?  Who all would have to be "in on it"?

You can google most of this stuff. It's pretty hot news, there's a lot of controversy surrounding it, and a lot of people scrutinizing the latest relevant bills. It's all out in the open. There is no "in on it."

For an example, the president decided just recently to kill Anwar al-Awlaki. He ordered it done. Drones struck. He was killed. I can't imagine there wasn't "collateral damage." Two weeks later, his 16-year-old son, born in Denver, living overseas, was also killed, same scenario.

There was apparently only one step required: "do it." And no check or balance of any sort seems to be in place.

Was the man a terrorist? Was his 16-year-old son? How could we (the people) determine that? Will we ever know, considering how fast this is all moving and such "old news" is being left behind?


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Even if some of them turn up to be innocent.  I would rather one innocent person die than thousands.

Innocent people die all the time already, you really think those predator attacks shoot arrows rather than missiles that kill anyone in the area? Thats not the question however, the question is, is any of it making you any safer? My guess is: nope, quite on the contrary.
And why would you guess that?  Just a hunch?  Another conspiracy theory, maybe?

If you have proof that killing a suspected terrorist outside of the legal system would cause us to be less safe, then please, do share.  Otherwise, I will hold by the belief that a suspected terrorist dead = a suspected terrorist who can't terrorize.

....

Have you heard the news reports of U.S. forces hitting the wrong targets? I know the mainstream media doesn't focus on such reports for any length of time, but there have been a number of them over the last decade. It can go even further back if you count Clinton bombing aspirin factories to distract from his scandals.

One of the more egregious "mistakes", if one can prioritize them, are those that hit weddings. I believe it's happened at least twice. The goal wasn't to hit a suspected terrorist, as the bombing was a mistake. But even if it was, clearly not everyone at a typical wedding party is involved in the same business as a few of the attendees.

So, we have a roomful of innocents. It's a wedding. A time of joy. Perhaps there's singing and dancing, or the groom and bride are about to kiss. Point is, in an instant, bombs hit, there's rubble everywhere, people are injured and dead.

The survivors stagger out, and begin the mourning. Days later, they discover the bomb was dropped by the U.S. military.

What do you think is going to go through their minds?

Particularly the young ones (especially the ones who lost loved ones, which is probably many) who have been told by radicals "Those devils just want to kill us all! Just wait, they'll hurt someone you love, and then you'll see we're right!"

Personally, I can't think of a more effective recruiting campaign for new terrorists.
922  Other / Politics & Society / Re: No longer tin-hat conspiracy theory: FEMA Camps Everywhere on: December 13, 2011, 05:40:13 PM
Well, they're all afraid that they'll start detaining non-criminals for non-crimes.  Like, just being anti-government or something.  I don't see that happening without a huge uproar about it from the people.

Its a gradual process, aka a slippery slope and you are sliding VERY fast. As a non US citizen it really frightens me to see you heading down the road to tyranny. Do read up on the rise of Nazis in the 30s, there are striking parallels.
What is happening in the US now on a regular basis would have been unthinkable and caused huge outcries only a few decades ago and likewise what you consider unthinkable now may well cause an equally deafening silence in a few years particularly if the country is in a bigger turmoil.

Already US citizens seem to accept their president can liquidate US citizens without due process by just saying he is a terrorist (and with virtually no evidence to support it). Other top politicians called Julian Assange a "terrorist". That guy that was jailed for coining his own money, that was labeled an act of terrorism. Software piracy and hacking is being linked to terrorism. How long until they throw people like that in Gitmo, or a drone attack becomes acceptable? Unthinkable? The legal basis is already in place. If you dont stand up to it now, dont be surprised when it actually happens.
They accept it, because of 9/11.  If some terrorists need to be liquidated to prevent another 9/11, then that is ok in my book.  Even if some of them turn up to be innocent.  I would rather one innocent person die than thousands.

If it makes you feel any better, I am a vast minority in that viewpoint.  In fact, I do not know of anyone who shares it with me.  So, most of America is NOT ok with these things.  I just think it makes sense to kill one person (or a handful of people) in order to save many.  I do not believe the judicial system always has enough proof or power to prevent a catastrophic event, and that is why I believe the rules need to be broken from time to time.

Well, I'm not sure if you'll view this as a good or bad thing, but I know plenty of people who agree with you.

Sure, most of them would never actually verbalize the idea of sacrificing the few to save many, even to themselves, but their reactions and preferences make it crystal clear.
923  Bitcoin / Bitcoin Discussion / Re: New habit - Do you accept bitcoins? on: December 13, 2011, 05:23:26 PM
Yep, it only makes sense for people who embrace Bitcoin to do this. I usually let people know I also take bitcoins, gold, and/or silver in place of cash. I'm convinced that these will be the monetary base of the world in the near future.

@robkohr - You might have already thought of this, but merchants not wanting to deal with the bitcoin exchange rate can also be pointed toward BitPay, so the whole thing is seamless for them. I can't think of a good reason for any retailer or merchant to NOT take bitcoins with that option available.
924  Other / Politics & Society / Re: No longer tin-hat conspiracy theory: FEMA Camps Everywhere on: December 13, 2011, 04:54:06 PM
I'm not afraid of the detention camps popping up all over my country. After all, I'm not a criminal. I've got nothing to hide. If you are against them, then you are probably a criminal.
 

Just as an aside, you probably are a criminal. The average US citizen commits three felonies a day, without meaning to. Since none of us has time to go through the thousands of pages and rules and laws that pertain to us, that fact is often not discovered until after you've ticked off some bureaucrat, cop or nosy neighbor and they decide to ruin your life with a single anonymous phone call,  trumped up charge or little rule they pull out just for spite.

There's a reason the US has the largest "criminal" population in the world. No, that's not per capita, it's the largest in terms of raw numbers.
925  Other / Politics & Society / Re: No longer tin-hat conspiracy theory: FEMA Camps Everywhere on: December 13, 2011, 04:46:10 PM
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Again, I am not conspiracy-theorist enough to think that this would happen.  At least in my lifetime.  Call me naive, or stupid, or whatever, but I prefer to not live a life of paranoia.

Im not asking you to stand up against those alleged camps. I have no idea if thats true or not, or what its purposes is, but its irrelevant. What is relevant is the power your government has assumed that allows it -among so many other things- to use them. That is, to detain you without charges, without trial, without recourse. Thats what I would fight tooth and nail if I lived in the US. Not because I expect massive abuse by the current administration, but by a future one. And by then it will too late. From the patriot act to this National Defense Authorization Act and everything in between, almost all pieces are in place for a fascist dictatorship. You dont have to be paranoid to fear that.
I'm indifferent.  I actually agree with those things - I think the world is too politically-correct, and that sometimes, rules need to be broken.  I would rather they detain a person without charges than another 9/11 happen.  I do understand and appreciate your fears as well though - I just feel that we are still so far away from something like that happening that I have no need to speak out against it.

Wow.

*Turns to the rest of the world.*

NOW do you see why things are the way they are here? My suggestion to the rest of you: stay far, far away from this country until it stops reacting in fear and comes to its senses.
926  Other / Politics & Society / Re: No longer tin-hat conspiracy theory: FEMA Camps Everywhere on: December 12, 2011, 07:25:50 PM
Still a tin-hat conspiracy theory.

So what if FEMA is preparing "camps"?  What do all these conspiracy theorists think is going to happen?  The military suddenly puts everyone in the nation into camps?  Yeah, right.

Hmm.
927  Bitcoin / Bitcoin Discussion / Re: Occupy Round Table on Bitcoin on: December 12, 2011, 06:03:14 PM
westkybitcoins, note how many people here have spent hours discussing and learning about Bitcoin, for month, and yet who still don't understand economics or the basics of how money/investment/lending works. To learn a field, not only do you need to learn a lot of background and seemingly unrelated topics to understand the whole picture, topics you may find boring or tedious, but very often unless you are taught by a professional, you won't even know what topics to study, since many of these topics you won't even know exist. This likely goes for every field of study out there.

Yes, I agree that that is often the case.

I just think the evidence shows that naturally, given the opportunity, many people would learn such things and even seek out appropriate instructors, all on their own, in their particular area of interest. Provided they were free to keep the fruits of their learning and do with it as they see fit. And of course, if they just seek to reinforce their own beliefs, rather than honestly and sincerely choosing to seek truth itself, they'll hit a wall of their own making at some point too--we already have that today, I don't see it changing anytime soon.

(As an aside, sometimes it's social customs which squash this too. I imagine most parents find the idea of their child becoming "obsessed" with some obscure field that the parents find useless to be a horrifying idea. They would be quick to break their child of such a habit. Yet some have speculated Leonardo DaVinci was somewhat autistic, had OCD and was quick to ignore social customs whenever his curiosity found it convenient. It seems clear it would have been these very traits which enabled him to explore the things he did and be the genius that he was--his knowledge of anatomy being a prime example. I suspect that if the speculation is correct, then had he been born in the modern era, he wouldn't have been anything other than a frustrated oddity, not due so much to intellectual laziness, but rather because the extreme expression and pursuit of his interests wouldn't have been considered acceptable.)
928  Economy / Collectibles / Re: CASASCIUS PHYSICAL BITCOIN - In Stock Now! (pic) on: December 12, 2011, 05:41:08 PM
It would be useful to see this video so people can know what a sticker looks like when it has been peeled off, so we can better determine if a coin is still valid or not.

There is a picture in post #1 of this thread showing a removed sticker.

Mike, I suppose it would make sense to also put up a picture showing what they look like after someone tries to put the sticker back on.

I replaced the stickers on mine. Honestly, on a couple, if you don't know about the honeycombing, it's not immediately obvious that they were already redeemed.
929  Economy / Collectibles / Re: CASASCIUS PHYSICAL BITCOIN - In Stock Now! (pic) on: December 12, 2011, 03:55:30 PM
I have imported coins into both Mt Gox and StrongCoin.  I just did not make a video of it.  Do you really need to see my ugly mug peeling off a sticker and then typing at a computer?  It is that simple.  You just peal off the sticker and then type in the number you find under the sticker into either of those two accounts.

It would be useful to see this video so people can know what a sticker looks like when it has been peeled off, so we can better determine if a coin is still valid or not.

Well, considering the kinds of videos like this out there (people showing off a new product as they open the package, etc.), I guess this makes sense.

After I distribute my Casascius bitcoins, I'll see if there are any left for me to make a video peeling one off.
930  Bitcoin / Bitcoin Discussion / Re: Occupy Round Table on Bitcoin on: December 12, 2011, 03:46:13 PM
This whole RBE thing is still way too greatly dependent on the false assumption that we as a human species are not lazy. We are practically genetically programmed to collect as many resources as possible while doing as little as possible, since "doing" wears us out and makes us die faster. I am unconvinced that anyone would voluntarily go through the extremely grueling work of obtaining an advanced degree/education in any subject without knowing there will be a major payout at the end of it, which would give you an advantage over your peers. Why bother studying engineering, software development, biology, or resource allocation (economics), including all the parts you are guaranteed to have absolutely no interest in, but which are still essential in your field of interest, when you are already provided everything you need, and "someone else will just do that work for you"? From personal experience, I can tell you that brilliant people would much more likely end up slacking of, spending their days playing videogames, reading random books, or just debating random things on forums for hours rather than do any inventing work for the rest of you. Or they would end up forming an exclusive community where they can competitively to compare their levels of brilliance, use it as reputation, and invent their own barter and money system, exchanging their ideas only amongst each other, as a sort of a game to see who can collect the most "smart" points. Brilliant people are quite arrogant and competitive after all. And then the rest of you would be screwed.

Hmm. I disagree and agree.

I think it's mostly twelve years of government education that stomps out most people's natural curiosity and desire to learn. Despite that, plenty of people put in a lot of time and effort about a lot of useful things just out of interest. I'm certainly spending plenty of time learning about Bitcoin, gathering useful info I can share with others. I know people who learn about and tinker with cars, constantly improving their knowledge and skills, including the parts they don't like as much, just for the sheer joy of it, and to be able to say, "Yeah, I made this." Even those who waste their brilliant potential can unlearn their state-ingrained habits. Check out Montessori schools for an interesting look at this.

Now, as far as the idea of someone wanting to suck off my long hours of learning and hard hours of labor for free? Yeah, that's totally unacceptable, and most people will balk when that gets brought up. In fact, if it's insisted upon, you'll eventually find many people refusing to study, learn and develop themselves, even for their own enjoyment, simply because they know others will come by and take the fruits of their labor from them.

Incentives will always be needed to get people to perform at their best consistently, in a way that benefits others. Personally, I see positive, voluntary incentives (prime example: free trade) as the ideal kind.
931  Bitcoin / Bitcoin Discussion / Re: Occupy Round Table on Bitcoin on: December 12, 2011, 03:32:03 PM
At the risk of this heading down a path that was NOT intended... some people just want the human contact. Whether they know it or not, this is one of the main reasons people visit masseuses today.

And that being the case... it seems clear to me that demand for this will always exceed the supply of people willing to just massage everyone for free out of charity. But that won't make the demand go away, despite the (monstrous, totalitarian) re-education that would be so desperately focused on to try to change human nature.

So, again, for someone seeking this service today, they just visit a spa, ask for the service, and pay some form of money for it.

How would one acquire a massage in a RBE?

You'd cultivate a relationship with someone.  The answer is most probably that one wouldn't 'acquire' one from strangers.
Is that a black mark against RBE?

I think it would be, if it were true that strangers wouldn't perform the service. But I really don't see that being the only way to acquire one in a RBE. Why would it be? Plenty of people would just want a massage, minus the time and effort required to get into a relationship. People already pay for sex with strangers today, despite the social discouragement. I don't see why such things would stop happening just because physical goods were abundant.


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"Respect from one's peers" will always be 'in demand' too... but (in most circles) you can't buy it. Same with genuine love. The demand outstrips the supply and money hasn't solved it.  
Is that a black mark against capitalism?

True respect and love can't be a service. It's simply not something you can buy.

Massages, storytelling, a juggling performance, etc. All those can be bought, and such things are already being bought today. People naturally swap services, it's a very primal behavior. The only way I can see it not happening at some point in the future would be through force or through totalitarian levels of thought control.


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Quote from: westkybitcoins
despite the (monstrous, totalitarian) re-education that would be so desperately focused on to try to change human nature.
Where on earth does that notion come from?

From the idea that somehow people won't be wanting to swap services. As I said above, it's a primal instinct; the only way to consistently prevent it is through force or totalitarian levels of thought control.


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I rather think the RBE will fail if one of it's main goals is to eliminate 'poverty' because the natural currency that would arise, without people even realizing it at first, would be 'reputation' & 'popularity'.
People would be sucking up to each other left right and center to 'put a good word in for me' with someone else.. to be part of the 'in' group etc.
That's how you'd get your massage. "hey.. get me invited to that party all the cool folk are going to.... I'll give you a nice back rub!"
There would still be social lepers - and they would be the new poor, but this time there isn't some other currency they can use to alleviate the suffering their social ineptitude might cause them.

Well, I agree with all that. There will always be disparities of outcome, and those at the bottom will always be our baseline for "poor." Eliminating the idea of people not having access to their basic needs is a fair enough goal, although I'm of the belief most people who focus on that have no idea how to actually achieve it. But eliminating the concept of "poverty" is a waste of time because it's a totally subjective measurment.
932  Other / Beginners & Help / Re: Earn an UNLIMITED number of free bitcoins. on: December 12, 2011, 02:58:38 PM
So... anyone tried it out yet? Anyone have any feedback?
933  Bitcoin / Bitcoin Discussion / Re: Occupy Round Table on Bitcoin on: December 12, 2011, 02:49:41 PM
Ok. First, thanks for the direct response. It's appreciated; I'm not just trying to slam RBE, rather I'm trying to scrutinize the one aspect that seems most out-of-place to me.


Let's presume an idealized RBE. Practically unlimited energy. Star Trek replicators. Everyone has their own. Forget how we get here... the discussion isn't that interesting (mostly speculation,) and since it's theoretically plausible, it's not really relevant how we get here.
We don't need to think Star Trek to talk about RBE. It does not need any Star Trek technologies, in fact RBE can be applied to a society of any level of technology. There have been tribes and communities in the past that had RBE mindset, they shared what they had and they knew that overfishing etc. is unsustainable, so they didn't do it. Of course if we apply RBE to the whole economy of the modern world, we need advanced technology. But unlimited energy and replicators is not a necessary part of it, the point of the whole system is the intelligent use of our scarce resources.

Oh, I understand that. But I think the various forms of possible, less-than-ideal RBEs are a distraction. I want to avoid the more trivial issues surrounding that, plus I want your arguments to be coming from the strongest possible base. Since I think replicators, to some degree, are theoretically possible (maybe a few thousand years down the road) and I agree that we can keep getting closer to this ideal, I have no problem starting my discussions about RBEs with the presumption that the ideal has been achieved. It makes things easier for you, and I have no issues with it.


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(1) How do I acquire all-natural done-by-a-human oil massages? (Yes, I'm serious.)
This is a good question. I think that in transition to a RBE type system you would need transitional methods. One of these methods could be timebanks, which are essentially a bartering system but they work perfectly for services such as massage. I've never claimed that it's a straightforward path to remove barter, it will be a very slow process and perhaps we never get rid of all barter. But I think that even this can change if we live in a type of "gift economy" for long enough, people just give you massages without expecting anything in return.

Timebanks... is this similar to things such as the LETS system? Or possibly bitcoin-denominated Ripple?

Personally, that's kind of what I envisioned. Once material goods are truly abundant, the most valuable things will become human services/performances and new ideas. The only way to keep track of those things is a simple accounting setup of some sort... possibly Bitcoin-like. So this makes sense.

I don't think there will be enough people gifting massages (at least, excluding creepy, over-eager masseurs no one wants to go to) to meet the demand of people wanting them though; I could see timebanks hanging around just to deal with this sort of excess demand. We'll probably have to agree to disagree over whether machine massages would be more desirable than human contact.


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(2) As a highly sought-after masseur, what would incentivize me to give massages to anyone besides close friends or loved ones? (I'm being precise; not "why would I", but "what would incentivize me.")
Possibly nothing and no one could force you to do it either, because it's unlikely that anyone has anything that you necessarily need. If they do, then there could be trade. Regardless, I see this direction as the right way to go. A lot of the bad jobs today are still there because the employees are forced to do something to secure their livelihoods. With an RBE type mindset we would try to solve the issue in other ways.

Actually, if there were timebanks, and I could trade the credits for massages for myself, personal entertainment from singers, etc., I'd find them valuable and could be incentivized by them.

Lacking incentive though ("I've given you three massages this week already Jim, I'm done for now,") it's good to hear no methods would be used to force one to provide a service.


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(3) What stops someone from quantifying the incentive (even in a crude, vague fashion) and then accumulating more of the incentive and making an industry out of that incentive?
I see a need for timebanks in the beginning but in general it's hard for any trading system to become anything but a small part of the society. It's important to remember that even stuff such as drugs would be 100% legal, all of them, so no black market can be born out of it. There are only a few niche markets where such a market could be born, and it's okay if it does.

Now, here's where I kinda get to my point. If timebanks are around, and I'm incentivized by them, likely others would be as well. This essentially would turn timebank credits into a form of money, and even if it's small, some sort of market (complete with exchange rates, etc.) would likely develop around it. ("Oh, honey! Five timebank credits! What a great birthday present!")

And, humans being human, a certain level of status or prestige would also likely become associated with accumulated credits. ("Man, that guy has a million credits! He could provide some pretty sweet services for himself and his kids for decades!") And of course, gifting credits or transferring them to ones descendants would be possible unless there was some deliberate attempt to prevent it (which, like today, would be worked around.)

If this market is allowed to function, even if socially frowned upon, then I guess that's the end of my questions. Essentially, money could crop up in a RBE, and those wanting to make use of it wouldn't be stopped from doing so. In which case, provided getting to this ideal is completely voluntary, I don't think I have any issues with RBEs.

Good luck.
934  Economy / Speculation / Re: Bitcoin savings plan on: December 12, 2011, 01:40:55 PM
- If all gold stored (including jewelry) were to hit the market, the price would plummet
 - Most gold is being bought up by people who already have the most
- Only a tiny fraction of the gold that's in existence is actually bought/sold instead of being stored

Exactly here is the difference. Jewelry cannot be converted to investment gold effortless there is no equivalent for bitcoin. The closest thing would be using the blockchain for validation of other data while destroying bitcoins. This is almost never done and insignificant right now.


Understanding stock-to-flow ratios is important - the higher the ratio, the more stable the instrument. Bitcoin offers the same function as gold, but in a nearly pure abstract version. When comparing gold to Bitcoin, the market size is tremendously different, but the reasoning behind the stock-to-flow ratios of the two holds. However, sufficient wealth has been flowing into Bitcoin to make it clear the the system offers less of an investment opportunity and more a method of savings or protection for stored wealth: a safe haven.

Since the investment market is only a small fraction of the overall market for gold and the main use continues to be jewelery this isn't true either. The amount of gold used in wedding rings probably is higher that the whole investment market.

This is a very western perspective. Gold jewelry in many regions is bought in order to store wealth. Also, what is visible in the paper and retail markets is disconnected from the high-capacity exchanges done privately at institutional levels. These trades are opaque to those at smaller scales.

The last point is also false, quite the opposite almost all the gold in the earth is traded using mining stocks, and the largest holders of gold (on the comex) constantly trade it, use it for leverage, back and forth.

Trading mining stocks is not trading physical metal - equities are a claim on future production, a form of speculative investment. As discussed, BTC & gold are primarily stores of wealth (representing past production) rather than investments. The COMEX actually represents a relatively small amount of physical metal trading, despite being one of the largest exchanges. The LBMA handles far more physical volume and others (e.g. Shanghai and soon the PAGE) are rapidly gaining.

The amount of gold actually hoarded by goldbugs is only a very small fraction of the overall supply while with bitcoin the vast majority sits in someones wallet. It is true that physical gold mostly never moves, but nevertheless it is constantly traded as "paper gold" which can be (excluding fraud) be taked delivery for.

Incorrect. There are an estimated ~170,000 metric tons of gold above ground as of 2010. Of that, about 2,500 tons are produced annually and accumulated - it doesn't go away, it sits in someone's vault (like a Bitcoin wallet). Gold is not consumed and the amount actually traded fits within that 2,500 tons, as it includes stored gold being reintroduced to market. This is why the gold stock-to-flow ratio is very high and stable relative to other forms of wealth storage.

The logistics involved with large-scale shipments preclude major movements, which gave rise to the paper markets. The paper markets simply extend credit to multiply the effective usefulness of the physical metal's property as a store of value. If 250 tons of paper gold trade in one day, that does not mean that the same amount of physical has been traded, especially if not delivered. Instead, the paper instruments simply create a second derivative used for day-to-day trade: fiat currencies.

Bitcoin and gold are both escapes from less reliable forms of wealth storage (especially from paper gold). With the looming danger of a global, systemic financial collapse, those type of assets will experience inflows no matter how nascent the platform. If even 1/10th of 1% (0.001) of the USD capital that exists in gold today were to flow into Bitcoin (the current ~8mm units), it's USD exchange rate would exceed $100/BTC. Do the same math with gold at $12k/oz and BTC easily reaches the low thousands in USD. Further QE efforts will boost the dollar-relative values for both gold and Bitcoin.

Awareness is the trigger. Whether the Bitcoin economy can handle such heavy inflows is another issue, but I suspect it will be able to. Until the mathematical foundation Bitcoin has been built upon is proven to have failed, it will continue making progress as a safe haven comparable to gold.

Very well stated. I hadn't wanted to spend time describing the actual situation as I suspect these facts will just be ignored.

But then, even trying to keep things simple and ask the important question, its funny how no direct answer, however brief, seems forthcoming.
935  Bitcoin / Bitcoin Discussion / Re: A _new_ currency has to be fair on: December 12, 2011, 01:29:01 PM
"If you build it, he will come"...

Never mind guys... I don't like to stay on words...

I'm saying this because I believe in something:

We do not need to compete each other, we must cooperate to make the Earth, the most amazing place of the Universe!

So, to start the development of this new society, I just bought a huge farm in here Brazil, with little rivers, wind, much solar light, etc... All the resources needed to develop a new, open source, society, without money.


"If you build them, they will come."

Best!
Thiago
Sounds like "The Mosquito Coast" by Paul Theroux and we know how that turned out.
But it sounds like a fun adventure for a while.

You are invited to live with us.

We'll start our project, the experimental city, using the open source tools called "Open Source Ecology - GVCS".

Any surplus produced in our city, such as food, clothing, open source industries products, will be sold out by Bitcoins / Litecoins.

Until the day that we will be the majoritary group, so, everyone else will be absorved by our new system. Which will take care of all of us.

ADDED: And the money, including the Bitcoin, will be left in our past.

Cheers,
Thiago

I feel compelled to ask...

Suppose this place is set up, and children are born there.

Suppose one day the settlers discover their children trading pretty sea shells for snacks, favors, toys, etc. Furthermore, suppose a few of the children, through no force, fraud, deceit or trickery have accumulated most of the shells, and that a few of the children, through no force, fraud, deceit or trickery, have almost none.

What would you do about the situation?


Re-education camp for those ignorant fiends.



The lack of direct, honest answers to all this does make one wonder.
936  Bitcoin / Bitcoin Discussion / Re: Occupy Round Table on Bitcoin on: December 12, 2011, 01:26:19 PM
(1) How do I acquire all-natural done-by-a-human oil massages? (Yes, I'm serious.)
What have you got against the masseuse-bots? They can look after your *every* need you know.

I'm only playing devil's advocate here - as I tend to think money will always exist.. but if you're going to go as far as postulating star-trek style replicators,
why would you want anything at all from another human which wasn't given out of pure willingness to give/please?

Couldn't it be that in a society awash with replicators and robots, the very idea of accepting any good or service from a person who 'expected' some reward would seem 'ugly' or 'perverse'?

At the risk of this heading down a path that was NOT intended... some people just want the human contact. Whether they know it or not, this is one of the main reasons people visit masseuses today.

And that being the case... it seems clear to me that demand for this will always exceed the supply of people willing to just massage everyone for free out of charity. But that won't make the demand go away, despite the (monstrous, totalitarian) re-education that would be so desperately focused on to try to change human nature.

So, again, for someone seeking this service today, they just visit a spa, ask for the service, and pay some form of money for it.

How would one acquire a massage in a RBE?


937  Bitcoin / Bitcoin Discussion / Re: A _new_ currency has to be fair on: December 12, 2011, 06:46:22 AM
"If you build it, he will come"...

Never mind guys... I don't like to stay on words...

I'm saying this because I believe in something:

We do not need to compete each other, we must cooperate to make the Earth, the most amazing place of the Universe!

So, to start the development of this new society, I just bought a huge farm in here Brazil, with little rivers, wind, much solar light, etc... All the resources needed to develop a new, open source, society, without money.


"If you build them, they will come."

Best!
Thiago
Sounds like "The Mosquito Coast" by Paul Theroux and we know how that turned out.
But it sounds like a fun adventure for a while.

You are invited to live with us.

We'll start our project, the experimental city, using the open source tools called "Open Source Ecology - GVCS".

Any surplus produced in our city, such as food, clothing, open source industries products, will be sold out by Bitcoins / Litecoins.

Until the day that we will be the majoritary group, so, everyone else will be absorved by our new system. Which will take care of all of us.

ADDED: And the money, including the Bitcoin, will be left in our past.

Cheers,
Thiago

I feel compelled to ask...

Suppose this place is set up, and children are born there.

Suppose one day the settlers discover their children trading pretty sea shells for snacks, favors, toys, etc. Furthermore, suppose a few of the children, through no force, fraud, deceit or trickery have accumulated most of the shells, and that a few of the children, through no force, fraud, deceit or trickery, have almost none.

What would you do about the situation?
938  Bitcoin / Bitcoin Discussion / Re: Occupy Round Table on Bitcoin on: December 12, 2011, 06:25:55 AM
Well, I have time to spare, so I'll try once again.

Let's presume an idealized RBE. Practically unlimited energy. Star Trek replicators. Everyone has their own. Forget how we get here... the discussion isn't that interesting (mostly speculation,) and since it's theoretically plausible, it's not really relevant how we get here.

Assuming that background, three questions to the RBE community as a whole:

(1) How do I acquire all-natural done-by-a-human oil massages? (Yes, I'm serious.)

(2) As a highly sought-after masseur, what would incentivize me to give massages to anyone besides close friends or loved ones? (I'm being precise; not "why would I", but "what would incentivize me.")

(3) What stops someone from quantifying the incentive (even in a crude, vague fashion) and then accumulating more of the incentive and making an industry out of that incentive?

939  Bitcoin / Bitcoin Discussion / Re: A _new_ currency has to be fair on: December 11, 2011, 09:40:15 PM
In any case, I don't think it matters that much. As bitcoins become more ubiquitous, fewer people will know or care about who jumped in early, and how well they've done.
I don’t think you understand, my point is that the market is struggling with this initial allocation and trying to spread it out, but in doing so lowering its usefulness. (you can’t tell me that the huge volatility we have seen and are seeing is NOT largely due to this, and NOT reducing Bitcoin’s value overall)

I think there are two big issues causing more problems than the supply curve: the learning curve for bitcoin, and the fact people can't get or dump bitcoins on a whim. Having to go through the exchanges (I know it's not mandatory, just one of the easiest ways) is quite a bottleneck.


Quote
My theory with the sigmoid curve is that naturally, as the reward/block grows over time, the incentive to adopt Bitcoin actually grows, and the growth of the community will adapt to it. It simply spreads out more Bitcoins to later people (this is exactly what the market has done the past 6 months!) while still maintaining its basic properties, as "peak bitcoin" would eventually be hit.

I see where you're coming from, but I do see one distinct advantage with the current growth curve: coins pour in at a high rate right from the start, for quite a while. We still haven't hit the first block payout reduction, so we still, 2 years from startup, have access to the 50 coins/block. True, it's harder, but that's more a function of so many miners jumping in.

With a sigmoid curve, sure, early adopters would have fewer coins... but we'd also probably still be having trouble getting bitcoins due to lower payouts, and would be waiting for the uptick for the coins to pour in.

So, I guess I can see it working (and having issues) either way. Undecided
940  Bitcoin / Bitcoin Discussion / Re: A _new_ currency has to be fair on: December 11, 2011, 08:49:59 PM
  • An alternative that tries to "solve" this "issue" of speculation profits defeats the purpose of the scarcity concept, rendering the new currency unstable and therefore unreliable.
I know an alternative that wouldn’t have done so. It’s called a sigmoid curve and it happens with all extractions of resources, except for Bitcoin which was designed completely inelastic in a 4 year period, so that the gold miner Satoshi, who didn’t even own a pickaxe (CPU mining) in the beginning, could just carry home 1% or 10% of the total money supply.

I do think it would have been justified to use the assumption that surely, at the beginning there will be LESS adopters than later on, and I do think it would have spared us a lot of headaches because we would have seen LESS of a misallocation which the market had to weed out (and maybe still is), and by doing so, actually decreasing trust and usefulness (volatility etc.) of Bitcoin over a longer time period.

Can anyone explain why the Bitcoin mines should produce the same amount of Bitcoins on day #1 where 3 guys on a cryptography mailing list know about it, as on day #1000 where tens of thousands do?

*looks up sigmoid curve*

Ah, I've seen this one before. I suppose that might have worked. Although in defense of the designer(s) (note: I'm not an early adopter) I would think smoothly integrating a sigmoid curve instead of the current one would have been more difficult, and possibly not even considered necessary.

(Anyone want to take a crack at it? With difficulty adjustments every 2016 blocks, what should the miner block payouts be to achieve this curve? Presume payout adjustments every year rather than every 4 years. A free bitcoin to the first illustrated viable response!)

In any case, I don't think it matters that much. As bitcoins become more ubiquitous, fewer people will know or care about who jumped in early, and how well they've done.
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