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I hope this is the appropriate place for this. It's worth reading if you've not read it before. "It is incredible how as soon as a people become subject, it promptly falls into such complete forgetfulness of its freedom that it can hardly be roused to the point of regaining it, obeying so easily and willingly that one is led to say that this people has not so much lost its liberty as won its enslavement. " "...the more tyrants pillage, the more they crave, the more they ruin and destroy; the more one yields to them, and obeys them, by that much do they become mightier and more formidable, the readier to annihilate and destroy. But if not one thing is yielded to them, if, without any violence they are simply not obeyed, they become naked and undone and as nothing, just as, when the root receives no nourishment, the branch withers and dies." http://ebooks.adelaide.edu.au/b/boetie/etienne/servitude/index.html : Étienne de La Boétie (November 1, 1530 – August 18, 1563) was a French judge, writer, anarchist, and a founder of modern political philosophy in France. He has been best remembered as the great and close friend of the eminent essayist Michel de Montaigne, in one of history's most notable friendships. |
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Speak truth to power, unknown friend. Well done.
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Ben Laurie sounds envious. Naaah.
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If you like throwing money away, I'll sell you mine at $7.
Find me when you want to dump them at $5. It could happen tonight. This is where the rubber hits the road. Those who are in it for the long haul will stay in until the bitter end. The profiteers will drive the price down so that we can buy some cheap coins. |
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Who cares about last year, I bought yesterday  Actually, I really did buy yesterday. Good thing I'm more interested in BTC than profit. : ) |
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Even if the value of btc relative to the dollar drops to $1, btc is still worth more than it was last year. The point is to create a working P2P currency, yes?  |
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Ok, we can do this one of two ways. I can pick one person to create this based on a short (one page or less) sample, or anyone who's interested can collaborate and I can split the money based on the amount of work I (subjectively) think went into each piece. I'm not sure which would be better.
I'm open to either way. I think it's a good idea. |
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I had an idea this morning, but I don't have the skills to implement it. I can also do this. I'm a funny mofo and I do a LOT of illegal cartoons in my spare time. I can't get it to you until tomorrow though. |
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I think you should read Mises Regression Theorem to understand better the argument... Watching the rise of bitcoin is the regression theorem writ large. Oddly, this forum is one of the first google hits for 'regression theorem'. http://forum.bitcoin.org/?topic=583.0 |
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A well written piece, Gavin. And the road ahead is likely to be bumpy; there will be technical issues that need fixing, there will be legal questions, there will be price bubbles, and there will be scams. There will also be growing resistance as bitcoin takes hold. Just looking at the recent Annie Lowrey piece in State Slate Magazine shows which way the wind might blow out of Babylon should this beautiful experiment begin to thrive. The condescending, minimizing tone of the article actually gives me hope in the viability of bitcoin. I recall the same tone being leveled at http when the web first began to take hold. People with an emotional attachment to centralized authority become personally threatened when elegant methods of routing around that authority are freely given away. |
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I changed the description text on /q to be more clear. That was pretty ambiguous.
Thank you, theymos. I think I'm just dense at times. This was one of them. Is there a way to find the average btc transaction, or to see the velocity of the current supply of btc? |
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ruhvix,
Thanks for this thread. It's quite an education in a few ways. Your reasoned and thoughtful responses tell the important part of the story. I'd trade with you anytime.
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Has this ever happened to you? You're in a strange hotel in a strange city. It's 2am and you can't sleep. So you do what you always do in these situations: you put on some music and reach for your air guitar but, fates confound it all, your air guitar isn't there! You've either lost it or someone has stolen it! Horrors! Agony! Despair! Fear not, my air guitar maestro. For a nominal one-time premium of 0.5 btc, The International Air Guitar Insurance Company will replace your lost or stolen air guitar 24/7, 365 days a year anywhere in the world. For a small additional one-time premium of 0.5 btc, your beloved instrument can also be insured against damage. Don't hesitate! Send your premium(s) of 0.5 or 1.0 btc to: 1PdSmdySb9ahg8jQPrsBGA5hDy1swMbB1 to ensure your peace of mind. That's 1PdSmdySb9ahg8jQPrsBGA5hDy1swMbB1. Again, that number is 1PdSmdySb9ahg8jQPrsBGA5hDy1swMbB1. Operators are standing by. Act now! From here. |
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I recently traded with BitcoinExchange and can attest to his professionalism and promptness. I look forward to trading with him again soon.
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As bitcoin is a direct threat to paypal, paypal will do all it can to screw up btc buy/sell transactions on its network.
I hope btc destroys paypal someday.
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Millie for .001 is the winner, imo. May I propose 'milray' for .0001? Mark Twain introduced a fictional elaboration of the mill in A Connecticut Yankee in King Arthur's Court. When Hank Morgan, the American time traveler, introduces decimal currency to Arthurian Britain, he has it denominated in cents, mills, and "milrays", or tenths of a mill (the name perhaps suggested by "myriad", meaning ten thousand or by the Portuguese and Brazilian milreis). http://en.wikipedia.org/wiki/Mill_%28currency%29#Fiction12GHuMPPZDxDqtZZS6wP2FTv2c4V4KPohW |
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Hi all-
EDIT: I'd be happy to use clearcoin.com as escrow to make sure payment clears so that I don't get coins until you get your money.
Subject line says it all. PM if you have the time or means.
Thanks,
runcie
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