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1  Economy / Digital goods / Selling this post as a NFT. on: March 22, 2021, 07:09:11 PM
I'm selling this post as a NFT.

Bids starting at 1 BTC.

(I am willing to trade for a post of similar value.)
2  Other / Politics & Society / Could a US state start using its own cryptocurrency? on: March 11, 2021, 01:01:50 AM
Article 1, Section 8 of the Constitution enumerates several powers to Congress including:

To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;
To provide for the punishment of counterfeiting the securities and current coin of the United States;

Article 1, Section 10, Clause 1 of the US Constitution limits the powers of States, including:

No state shall enter into any treaty, alliance, or confederation; grant letters of marque and reprisal; coin money; emit bills of credit (emphasis added); make anything but gold and silver coin a tender in payment of debts; pass any bill of attainder, ex post facto law, or law impairing the obligation of contracts, or grant any title of nobility.

As it stands right now, states do not accept gold or silver coin as payment for debts. The Federal government does not coin money.

This is all done by a third party, Federal Reserve.

So why would a state not be able to use a third party crypto created specifically for their state by an anonymous "Satoshi" type?

I recall one push long ago in Iceland where someone created an Iceland currency, they sent X amount of coins to every registered citizen of the country (at least, they made it available to be claimed).

Something similar could certainly be done for a state. The key would be setting it up so businesses and individuals could use the currency within the state fairly easily.

It appears that the US Federal government is ok with destroying the dollar. If a state wanted to protect their economy from going down with everyone else they could start using another currency.

Even if it's required to accept USD for taxes, there could be a single exchange for paying your taxes with the new local currency such that you never even touch a dollar.

Any thoughts?

*Self Moderated due to franky1 likely thinking that a simple question is me trying to pass some "get rich quick" scheme. Even though every project I have invested in since getting involved in Bitcoin has left me with much less money.
3  Economy / Speculation / Has anyone else been contacted about a Bitcoinica lawsuit? on: January 27, 2021, 10:53:53 PM
I have been contacted by a few people claiming to be lawyers in the case of Bitcoinica. They tell me to give them information and proof of claim but these are just random people on the Internet asking for information.

Has anyone else had any contact? I lost some BTC on that exchange way back in the day.
4  Other / Politics & Society / What is the next communist industry? Go back go Climate change, or medical? on: January 13, 2021, 03:25:41 PM
Just planning out my future in this new communist takeover of the world (Great Reset) and I was wondering what bullshit fallacy I should support to hide among believers. Will they go back to climate change or do they not even need to play that game since they won?

Are we stuck using the medical establishment as a means of abusing people? Should I act like I'm helping fight the virus or will they just drop that whole thing once they have all of their enemies in camps?

Do I just move forward to focus on the next phase of working to squash any individuality? Just focus on exalting communism itself since they will no longer need to hide behind these games and just come out already and just be bold about what they're actually doing?

What is next after the medical lies or will they take that to some new extreme once they have full control over your body? Maybe I jump forward to support gender transformation or just skip right ahead to castrating every male outright?

Any communists want to chime in on what their ideal future is now that your enemies are being silenced and you pretty much have free reign over destroying the world?
5  Bitcoin / Bitcoin Discussion / NFC Bitcoin payment processor for the Crypto Cruise ship? on: October 17, 2020, 02:35:19 PM
Hey guys, if you have not heard about it I bought a cruise ship with a few other investors and we are all big Bitcoin supporters so we're calling it the MS Satoshi and turning it into a Crypto Cruise Ship to be anchored close to Panama City (within Panama waters, under a Panama completely under Panama law FYI).

We will be accepting Bitcoin as payment at all shops and restaurants so I need to start looking at current solutions out there right now for making this happen.

I think NFC will be ideal as a payment method because we can also use NFC for access to your room and other applications. Even getting to the point that you just have an NFC smart ring that you can wear around the ship.

My question is, are there any Bitcoin NFC Point of Sale machines out there for sale or that would like to trial the machines on the ship? I checked out General Bytes ATM and I am impressed by the NFC cards they print out which can be used to make bitcoin payments.

I would rather payments be over Lightning Network since it would not make sense to pay for your $3 lunch with a high fee. I have not seen much about NFC lightning payments other than some discussion a few years ago by Igor Cota.

The ship will be a micro economy for testing these things out. Let's make it happen and make it happen in such a way that everyone will want to be paying with Bitcoin.

Here is a link to the ship page for more info:
6  Other / Politics & Society / Cop broke the windows at Autozone which sparked riots across America on: May 31, 2020, 09:03:09 PM
This guy spray painted "Free stuff for everyone zone" on the side of the Autozone near the police station before breaking the windows. Akin to shouting fire in a crowded movie theater.
This act sparked riots across the US destroying businesses more than the government already had during their plandemic.

Don't you think that it's important to know who he is? He's obviously not one of the peaceful protesters. Wouldn't you think the government would want to know who he is?

In the video it shows that he walks around the back of the Autozone and cuts out as he's going toward the corner.

But what is beyond that? What building was he so quick to get to? There are only 2 buildings in that direction...Target and the police station. The front of Target was far to his right from that corner...he could have easily crossed the parking lot which would have been safer for him instead of getting stuck between the cars on the route he was taking. The only other building nearby was the police station.

Many people believe it was a police officer. This should be something the police would want to know right? Are they searching for this man?

I believe it is important to know if this person is a police officer. The US public deserves an answer. We have the Internet now. Surely someone can find out who he is.

Also, I know that the police station where this guy likely works said "oh no, that guy was working that that area...but that wasn't him. He was doing something else". At least they confirmed he was doing official police business in that area that day.

This video shows that he does walk toward Target.

Strangely enough pink shirt guy is following him, laughing when umbrella man calls him a police officer.
7  Other / Politics & Society / It is time for a decentralized solution for local governments on: April 25, 2020, 08:03:02 PM
This government power grab that we are experiencing is the worst parts of Communist China spreading throughout the world like a...virus.

One silver lining in all of this is that people are at home, not making any money, no income, no money for governments. Hopefully this means the crumbling of governments along with the crumbling of the economy.

So instead of complaining or whining about government, it is necessary to provide an alternative solution that is better.

Sure, plenty of people will come to this threat propping up their shitcoin "my coin that I invested in and want to get rich off of allows for governance and voting, so you should buy some so I can sell it and buy a lambo with fiat!".

But we need an innovative decentralized blockchain solution for local governments that local governments would want to adopt or find it necessary to adopt as they begin struggling with revenue.

It could certainly start small. The most basic function of government is protection of life and property. This could be done with an opt-in "insurance" that you pay which adds you to a list of people that are protected. The protection company would consist of two different companies.

The first company is threat management such as the private company Threat Management Center. This company already exists in Detroit. They are paid by businesses and wealthy people which subsidize lower income families in the same area (the idea being that if crime is kept down overall, then the businesses and wealthy benefit from a crime free area...criminals are discouraged from moving into the area).
Detroit's Threat Management Center sends someone out to do exactly as advertised...manage threats. If there is an immediate concern they are called to the scene. They usually arrive before the police and de-escalate  the situation. They show up to stop a husband beating his wife, someone breaking into the property, a fight, etc. That's all they need to do. Just manage the threat and make sure things have stopped.

The second company would be private detectives. They are the ones that gather evidence, find proof of the crime, find out whom did what to whom. They gather the evidence for the victim.

Both companies could certainly exist under current law, there is no interference with current police forces but they could certainly exist without it. Communities would feel safe and threats to life and property would be managed.

There could then be similar decentralized versions of jury trials (augur prediction market, private arbitration, etc.). Jails could either fall under the current structure or some system of compensation for the victims via contract could be put into place (which is still under the current system). If people contractually agree to follow the decentralized rules then those that violate those rules could be put into jail under this same system while still being under current laws.

There are several options for allowing for management of these companies. Some sort of contractual agreement or services that you pay for (I like Threat management company A so I'll pay them instead of company B who I am no longer satisfied with).

We used to have private detectives, they used to be prevalent. A decentralized way of paying detective insurance, linking the detectives with victims could provide a resurgence.

Of course it would need to be super easy for each person in the community to be involved even if it's Grandma sending a check in the mail to a payment processor that converts things to the tokens used for the system.

Self moderated to keep out the troll.
8  Other / Politics & Society / It is time for a decentralized solution for local governments on: April 25, 2020, 07:24:14 PM
Moved to moderated topic due to troll.
9  Other / Politics & Society / Coronavirus tests include the common cold. Typically 20% positive. on: April 01, 2020, 10:14:26 PM
They're including people with a common cold in the results. Which are typically 20% positive.

"All of the coronavirus tests being used by public health agencies and private labs around the world start with a technique called polymerase chain reaction, or PCR"

According to the numbers on this article:
the rate of infection of those tested is 13.5%

Well below the normal 20% rate that people typically have of coronavirus.

They let those test numbers slip, nowhere else do they ever show the rate of infection. Only the "rising numbers" (as they test more people).

13.5% of people tested have a cold.

And when they die of a head injury, they do a quick PCR test on their blood. If they find the coronavirus. "They died a Coronavirus related death".
10  Bitcoin / Bitcoin Technical Support / Logs show listening on port 8333 but I cannot connect on: January 27, 2020, 05:10:16 PM
I'm running the Omni Layer which is essentially running Bitcoin with some extras.

When I start omnicored (same as bitcoind) the logs show:

2020-01-17T14:23:15Z AddLocal(,1)
2020-01-17T14:23:15Z Bound to [::]:8333
2020-01-17T14:23:15Z Bound to

But a netstat and any other check of listening ports does not show port 8333 open. There are no firewalls set up (running on a Linux server) yet so nothing is blocking it, and I'm just trying to connect from the local host.

Any ideas?

I'm trying to run BTCPay on the same server and it requires connection to 8333.
11  Other / Politics & Society / What to do about people who believe that stealing is ok on: September 30, 2019, 01:46:03 AM
I have been all over the world and have found that there are some cultures that feel that stealing is perfectly fine.

The solution to theft in most of the world is to discourage it through shame and punishment. But some parts of the world do not really see it as wrong. There is no point in shaming and while it may be technically against the law, it is not really enforced because it's "not that bad".

The thing I notice in these cultures is that every individual takes measures into their own hands to protect their goods and property. They have bars on the windows, razor wire fences, etc. (even the poorest homes are barred up). There is usually someone in the more populated areas when you park your car who watches your car for you (upon receiving payment), etc.

Most people in the west do not need to deal with this and are perhaps lucky in living in a place where theft is not as common.

But the countries where theft is common, people are better at preventing theft. I can see why someone from one of these countries going to the US would think "they just let you walk into the grocery store and take food off of the shelves by guards at the door or anything", "people leave their homes unprotected with just windows that can be broken", "look, a perfectly good car with so many parts for the taking unprotected".

I see a few solutions...everyone evolves protection of their own property (either paying for a service or taking measures into your own hands every day of your life). Or it becomes exclusionary based where thieves are not allowed in a certain area and that area restricts newcomers allowing those in the protected area to live without too much worry about their property.

I'm not sure which is the better solution. The first solution sucks needing to worry about thieves every day, the second solution makes people soft and sort of prisoners of their location.
12  Bitcoin / Development & Technical Discussion / A Bitcoin based corporation? on: July 15, 2019, 10:23:02 PM
I am trying to think of a way that a company could be set up so that no incorporation is required, any product sold gets filtered to the employees via mechanisms of multi-sig and time locks.

So a simple store with a store owner and a single employee would have owner A open a LN channel with employee B when the employee is hired. Employee B makes and sells a widget for bitcoins with a Bitcoin address that goes to A. A then pays B an agreed upon wage.

Simple enough. If B tries to sell the widget to a different address he is immediately fired. If A does not pay B then B just quits.

.        A
.         |
.         v
.          B

Add more.

A hires B to make widgets and C to sell them. Same thing. A pays B and C. C sells the widget for an address that goes to A.

.        A
.       | |
.       v v
.      B  C

All simple so far.

A hires D to manage B and C. A creates a LN channel with D. D creates a LN channel with B and C.

.        A
.         |
.        D
.       | |
.       v v
.       B C

At this point, D would need funds to open the channel with B and C right? Not sure how that part would work.

My other question comes to board members. Perhaps they control a multi-sig wallet that pays A who then pays various department heads (D), etc.

The idea of this whole thing is to make it all trustless and allow each individual in the company to be anonymous, including A. And have it be such that nobody in the chain can just walk away with all of the company's money (except those that own the company). Any fraud would be minimal (a week's pay, or a single product, etc.).

Yes, I know you can make ETH tokens or whichever. But nobody buys products in ETH. This would be a company that could be up and running and only accept bitcoin and be up and running without needing to incorporate, open a bank account, etc.
13  Economy / Economics / What do you think? Bitcoin's RGB network and national currencies on: June 28, 2019, 07:55:56 PM
I have been doing some thinking on how one would gradually convert a national currency to bitcoins.

The idea being that colored coins are used to peg the currency to the national currency for a specific amount of satoshis.

The amount of satoshis would need to equal the amount that the specific nation could handle as the smallest value that can be used as a currency.

Let's say that country X has a total of $100 billion of wealth in its own currency. To have each penny equal to one satoshi you would need 100,000 BTC set aside as colored coins for this nation (however that is done, a big national push, wealthy group, whichever).

For simplicity let's say the current BTC price is $10k/BTC. $1 billion would be needed to set this up.

Each colored satoshi will be given the value of .001 cents at the current conversion rate, and follow the rate of the nation's currency either through some sort of smart contract or centrally controlled ("trusted" sources) method.

People then use these colored coins in their day to day transactions, setting up payment terminals, lightning network payments, etc. It's just a new payment method with their same currency using a back end network that they need not understand.

As the bitcoin price rises from $10k/BTC to $1 million/BTC, their satoshis are now equal to one penny.

It is at this point that the moniker of their old currency is dropped and they use the satoshi as the smallest denomination, 100 satoshi as their main currency. They can now interact with this currency with the full Bitcoin network.

It may take years, but the adoption of this method for the nation would push that bitcoin price toward that $1 million/BTC and the same approach can be done for other nations.

TL;DR Smallest currency denomination is pegged to colored satoshis until one satoshi equals the smallest currency denomination and it is no longer colored.

14  Bitcoin / Bitcoin Discussion / Couple Uses Bitcoin Wealth to Build World’s First Seastead on: March 02, 2019, 04:20:29 AM
An early Bitcoin investor and self-confessed libertarian has built the first “seastead” with his BTC profits. For those who do not know, a seastead is a floating home designed to stay in international waters, thus allowing its inhabitants to live outside of the laws of any nation.


15  Bitcoin / Bitcoin Discussion / First seastead is now in international waters. Only currencies accepted..฿ & BTC on: February 05, 2019, 04:16:56 AM

On February 2nd after almost a month of preparation and waiting for ideal wave conditions, Ocean Builders has raised the world’s first seastead in international waters 12 nautical miles out from Phuket, Thailand.

16  Other / Politics & Society / The First Seastead is in the water on: January 11, 2019, 06:32:33 AM

It's happening!
17  Bitcoin / Project Development / BTCPay / bisq integration on: November 20, 2018, 04:45:23 AM
Has there been any work done on integrating BTCPay with bisq?

I realize bisq has low volume right now but...

If a business could set up BTCPay with bisq running where they can accept bitcoin and receive fiat in their bank account without really needing to know anything about Bitcoin then it would become the best payment solution.

It could also work the other way around. "My company now accepts all currencies around the world" with the ability in each country to deposit funds. The merchant could then either get paid in BTC or take it a step further and convert it back to their own currency in their account.

The money to be made on this would be having companies that will host this for people...while the option is still there for companies to set it up on their own server.

I've only downloaded either one so I'm not sure of the development going on.
18  Bitcoin / Project Development / Video game idea on: November 10, 2018, 02:06:21 AM
Had an idea for a video game.

Basically like an RPG battle type of system where everyone chooses their race (elf, dwarf, human, orc, etc.) which each have their own abilities, weapons, armor, etc. They're all at war with each other. They also all have their own currencies. And those currencies are cryptocurrencies (BTC, LTC, Monero, ETH, etc.).

Everyone pays like $1 worth of their currency at the beginning of the game cycle (like a month or so). You create a character and level up, etc. within your tribe. Your currency fluctuates during that time which may give you access to better weapons if your currency does well or you'll struggle if the price goes down.

You battle other races and can get their money/weapons if you kill someone. At the end you get to keep what you gained during the cycle (minus a cut for the game developer).

If all the crypto prices stay the same then all races would have equal chances of winning outside of some playability of the players. This would have people rooting for their particular currency throughout that month watching the price even when they're not playing.

19  Local / Deutsch (German) / Anyone with a German bank account selling bitcoins? on: August 19, 2018, 08:29:53 PM
No. Not

My German bank account has been frozen to international transfers (likely because I connected to the server from my current country, French Polynesia, trying to transfer all of my funds out). I no longer live in Germany . They want me to come in and verify whatever bullshit they need to unlock it.

So I am interested in buying bitcoins from someone with a German bank account.

Let me know. Thank you.

About 6k euro.
20  Bitcoin / BitcoinJ / Having trouble connecting to peers on: August 07, 2018, 11:32:12 PM
I just got bitcoinj up and running. I have been able to run the example Kit program a few times which takes a long time before it connects to enough peers to download the latest block but occasionally it does, then ends as it is supposed to.

I'm trying it on testnet. I have run it for an hour and it won't connect to any peers. Is this just me or is it common?

I get warning messages such as this:
[NioClientManager] INFO org.bitcoinj.core.PeerGroup - []:18333: Peer died      (0 connected, 8 pending, 12 max)
[PeerGroup Thread] INFO org.bitcoinj.core.PeerGroup - Waiting 10000 msec before next connect attempt to []:18333
[NioClientManager] WARN - Failed to connect with exception: Connection refused: no further information Connection refused: no further information


[PeerGroup Thread] INFO org.bitcoinj.core.PeerGroup - Waiting 10000 msec before next connect attempt to []:18333
[NioClientManager] WARN - Failed to connect with exception: java.nio.channels.ClosedChannelException: null
[AbstractTimeoutHandler timeouts] INFO org.bitcoinj.core.PeerSocketHandler - []:18333: Timed out


[AbstractTimeoutHandler timeouts] INFO org.bitcoinj.core.PeerSocketHandler - []:18333: Timed out
[AbstractTimeoutHandler timeouts] INFO org.bitcoinj.core.PeerGroup - []:18333: Peer died      (0 connected, 1 pending, 12 max)
[AbstractTimeoutHandler timeouts] INFO org.bitcoinj.core.PeerSocketHandler - []:18333: Timed out
[PeerGroup Thread] INFO org.bitcoinj.core.PeerGroup - Waiting 10000 msec before next connect attempt to []:18333
[AbstractTimeoutHandler timeouts] INFO org.bitcoinj.core.PeerGroup - []:18333: Peer died      (0 connected, 0 pending, 12 max)
[AbstractTimeoutHandler timeouts] INFO org.bitcoinj.core.PeerSocketHandler - []:18333: Timed out
[PeerGroup Thread] INFO org.bitcoinj.core.PeerGroup - Waiting 10000 msec before next connect attempt to []:18333
[AbstractTimeoutHandler timeouts] INFO org.bitcoinj.core.PeerGroup - []:18333: Peer died      (0 connected, 0 pending, 12 max)
[AbstractTimeoutHandler timeouts] INFO org.bitcoinj.core.PeerSocketHandler - []:18333: Timed out
[PeerGroup Thread] INFO org.bitcoinj.core.PeerGroup - Waiting 10000 msec before next connect attempt to []:18333
[AbstractTimeoutHandler timeouts] INFO org.bitcoinj.core.PeerGroup - []:18333: Peer died      (0 connected, 0 pending, 12 max)

Is this common or no?
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