Not part of the topic, but do you know Zeitgeist movies ?
(there are mostly like oldies, but nice to watch)

No, no, I only trust in noise. But, I think this is what it should be, not more.
Interesting video, I'm not american, so, it's no sense for me or very reduced and I never buy what I can't afford. But, interesting.


You're right my friend, life is not fair


I thought to this when saying "Proof Of Concept", but maybe yes, a POC is not fun as playing lego should.
Do you have in mind playing with hardware and so on ?

What is the difference between a middleman and a miner or authority and fat pools ?

Sorry, i'm not fair, you will be the only one I will quote. Don't see there any offense

It's amazing how people made a such link between society concepts and banking systems (zeitgeist out of that body ! ).
I'm from Europe, in fact, and I don't experience the same connexion on the subject like americans or russians I think.

From my point of view, a banking system just allows people to exchange one thing with another with a reference value.
And the reference should be the same for each people who trust it.

What I find interesting in bitcoin, is that it has never been linked to material standard (gold standard for good old currency, even if it's no more true today, the past write the future). So, its reference is completely subjective. It's like performing a poker estimation for everything.

How do you calculate the value of an object in your mind ?

Do you compute the change with the current rate of your currency ?
(if true, I think everybody who reply "the next monetary system" have lied in some part)

Or can you say, ok, 1BTC is fair for an apple*, whatever the current rate ?
(if false, I think everybody who reply "the next monetary system" have lied in some part)

* the fruit

I'm just asking this question for myself but can't really reply. It is more related to "mining" in fact. But I think it's similar, because without mining and THash, the system would not work...

I would like to rely on the philosophy, but I think that the system is not well balanced. I mean that, who have the bigger, have the more. And the pool seems to be more like a group of selfish people that run for money than a group of people that share the same concept.

What if pools apply an equivalent distribution of bitcoin between each members ? Why not ?

I can't get the difference between having gold (metal) and having TH/s "at home" ? Where is it better than a banking system ? (security is not an argument, banking system has a pretty good security level) (anonymity is not really an argument because banking system can be anonymous) (avoiding taxes, I prefer some people to work with and having nice gardens in my city)

I believe also that the "legacy" currency system is bullshit and built on the interests of some people more than the interest of a civilisation. And I really, really hope there can be an opportunity to have a money that is not built on raw material but on a common will.

It's very naive and conceptual but your response interest me.