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1  Bitcoin / Bitcoin Discussion / Stefan Molyneux adds Bitcoin to donations page on: February 05, 2013, 08:43:20 PM
Stefan has done allot to promote the philosophy of the non-aggression principal and the move to a stateless society. He's also working on a documentary!

Show him some bitcoin love:
http://www.freedomainradio.com/Donate.aspx
2  Other / Politics & Society / Libertarianism in Ancient China | by Murray N. Rothbard on: November 24, 2012, 11:07:56 AM
http://www.youtube.com/watch?v=XKWOUu1BA3U

Taoists figured it out ages ago. Wu Wei; action without action.
3  Other / Off-topic / The government is losing currency, now it's losing dispute resolution? on: May 18, 2012, 11:17:23 PM
http://www.judge.me/

I heard about this on the Peter Schiff Show.

Quote
Our online arbitration system allows you to submit your testimony from anywhere, anytime, from any device you want. Our arbitrators will guide you through the entire email arbitration hearing.

Within days, you can have a solution for all kinds of commercial and personal conflicts.

The aim of these guys is to out compete governments in dispute resolution services. Could it work?

This kind of thing is exciting to me. Governments are gradually losing their relevance as we move toward a free society.
4  Bitcoin / Bitcoin Discussion / perform getwork instead of microtransactions on: May 07, 2011, 04:25:37 AM
If someone writes a WebGL bitcoin miner in javascript, web sites could require the user to submit getworks instead of solving captchas.

good idea?
5  Bitcoin / Development & Technical Discussion / [better]coin eats bitcoin on: April 28, 2011, 02:18:49 PM
There has been some debate over the ability of the xtfee/mining economy to function. You know, the whole tragedy of the commons thing.
http://bitcointalk.org/index.php?topic=6284.0

If a solution is found, it may involve a drastic protocol change, which at this stage of bitcoin may be impossible. However, I believe I have come up with a way to bootstrap the new system off of bitcoin, sidestepping the whole get-currency-into-the-economy problem and allowing us to keep our hard earned value.

The idea is to spend bitcoins into the new currency (bettercoin). First generate a keypair in bettercoin. There will be a function F, which maps a bettercoin address, x,  to a bitcoin address, F(x). The function isn't so important in implementation except that it's output must be a valid bitcoin address. F could be a hash or it could truncate the bettercoin address (if it's longer), flip the bits, whatever.

Now, in bitcoin, to transfer bitcoins to better coins you simply spend your bitcoins to F(x). As far as bitcoin is concerned, these coins are lost forever, because no one has the private key of F(x). This eliminates the possibility of double spends. Bettercoin systems have to read the bitcoin blockchain to check if coins have been spent to F(x). If so the bettercoin address x has the equivalent amount in bettercoins.

If bettercoin is indeed superior, all bitcoins will soon be spent into the new system in this fashion.
6  Economy / Marketplace / anyone publishing bitcoin address on a web site. use ssl! on: April 28, 2011, 10:29:56 AM
I've noticed some web sites are publishing addresses on their sites for donations, etc. over unencrypted connections. I thought I'd point out, to anyone who doesn't realise it, that you are vulnerable to man in the middle attacks.

Any MITM can rewrite your address to theirs and receive all your payments! Especially tor exit nodes, which are known to engage in this behavior.

Any payment related pages should be treated the same as a credit card payment gateway, in security terms. That means use SSL!
7  Bitcoin / Development & Technical Discussion / Witholding transactions on: March 27, 2011, 08:37:55 PM
I'm not sure if this has been discussed. I couldn't find anything in the forums.

What is to stop miners from withholding transactions from their peers to keep the transactions fees for themselves? They could keep transactions with high fees and only transmit them after they solve a block, thus gaining an advantage.

Sure, any single transaction is transmitted to multiple miners, but if lots of miners start engaging in this behavior, then it's conceivable that honest miners will be missing out on lucrative transaction fees.

How do you guys see this scenario playing out?
8  Economy / Marketplace / BitSwap on: October 25, 2010, 10:13:50 PM
I've created this website
bitswap.cz.cc

It's supposed to be for bitcoin users as a meeting/market place where people can trade their goods and services for bitcoins. I'm hoping that it will aid the growth of a robust bitcoin economy where people can easily find and trade a wider range of goods and services, thus increasing the value/utility of bitcoin. So far, no takers. So I thought I'd "plug it" in this forum.

Perhaps it's not really what the community needs or wants right now, but if anyone wants to suggest any ideas or improvements/features that will make it more useful to them as a service, please let me know (contact@bitswap.cz.cc). Also, any ideas on promotion would be welcome. I've already added it to a few directories.

asdf

9  Bitcoin / Bitcoin Discussion / FED interference on: October 02, 2010, 09:07:18 PM
I see the biggest threat to this project as the very system it seeks to displace. That is, the banking establishment.

Isn't it inevitable that the Federal Reserve Bank will at some point buy every coin ever generated and completely wipe out the economy?

Well... we could just start afresh with bitcoin2, or whatever, but will this ever get off the ground when central banks have everything to lose from allowing it?

I'm not an economist. Is this a legitimate concern? What are your thoughts?
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