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681  Bitcoin / Bitcoin Discussion / Re: Are there enough nodes online? on: August 10, 2013, 03:52:39 AM
And now...

Total Connected: 926

682  Bitcoin / Bitcoin Discussion / Re: Famed Trader Joe Lewis Backs Bitcoin on: August 05, 2013, 03:38:10 AM
Sounds like good news to me.
683  Bitcoin / Bitcoin Discussion / Re: If encryption is outlawed wouldn't Bitcoin be too? on: August 05, 2013, 12:52:56 AM
Encryption would be an unlawful attempt to deliberately thwart our nation's security procedures, which are in place to protect us all.   Roll Eyes


"Law enforcement is in unanimous agreement that the widespread use of robust non-key recovery encryption ultimately will devastate our ability to fight crime and prevent terrorism. Uncrackable encryption will allow drug lords, spies, terrorists and even violent gangs to communicate about their crimes and their conspiracies with impunity." - Louis Freeh, (former) Director of the FBI


They are in unanimous agreement that crackable encryption is sufficient for us.  Speaking in Pig Latin is recommended for members of the "general public". https://en.wikipedia.org/wiki/Pig_Latin
684  Bitcoin / Bitcoin Discussion / Re: Missing bag in NYC has all kinds of bitcoin :( on: August 05, 2013, 12:39:09 AM
Unfortunately my khaki bag with T2i DSLR, lenses, and the footage I shot disappeared at Water and Maiden in front of a T-Mobile store.  

There would be security video in front of that store.

Guaran-forking-teed
685  Economy / Economics / Re: The very sad truth about Bitcoin : It might die to gambling on: August 04, 2013, 02:54:29 PM
I can assuage your fears with two words.

Silk Road
686  Bitcoin / Bitcoin Discussion / Re: Crowdfund Homes in Detroit? on: August 04, 2013, 02:14:06 PM
Detroit is approximately $20 Billion in debt, and

Half of Detroit property owners don't pay taxes
http://www.detroitnews.com/article/20130221/METRO01/302210375#ixzz2b0fPi2kZ

Delinquency is so pervasive that 77 blocks had only one owner who paid taxes last year.

Detroit has the highest property taxes among big cities nationwide and relies on assessments that are seriously inflated. Many houses are assessed at more than 10 times their market price, according to new research from two Michigan professors.

Billion with a B

687  Bitcoin / Bitcoin Discussion / Re: xPost from Reddit: Paypal to accept Bitcoin this month? on: August 04, 2013, 01:57:44 PM
Our dream of world domination is on hold for now

Well stated.
688  Bitcoin / Bitcoin Discussion / Re: Crowdfund Homes in Detroit? on: August 04, 2013, 01:10:39 PM
I suspect that Detroit is a lost cause.

Buy property there and get taxed to death.
689  Bitcoin / Bitcoin Discussion / Re: xPost from Reddit: Paypal to accept Bitcoin this month? on: August 04, 2013, 01:08:29 PM
It did not have the air of authenticity.

690  Bitcoin / Bitcoin Discussion / Re: Banks are Killing cash money - BitCoin to the rescue on: July 29, 2013, 03:21:12 PM
The largest denomination U.S. bill available is only $100.  
691  Bitcoin / Bitcoin Discussion / Re: Btc taxes on: July 23, 2013, 07:24:16 PM
The only way I would say you could avoid this is by selling in cash locally/buying locally. 

Thus Spake DancingNancy
692  Bitcoin / Bitcoin Discussion / Re: Btc taxes on: July 23, 2013, 06:35:55 PM

It would be trivial for interested government agents to link your identity with Bitcoin related activity.

It is trivial for them if you do your transactions through exchanges that you have provided with your name, and other identifiable information.


693  Bitcoin / Bitcoin Discussion / Re: Property Rights on: July 23, 2013, 05:35:57 PM

I like the idea, and I don't see any major errors in the classifications.  

It's not the classifications, but the methodology. After all if you have to give a quantitative score for each category, you have to base it on something... look up what they use for their "monetary freedom" score:  http://www.heritage.org/index/monetary-freedom

Monetary Freedom
Monetary freedom combines a measure of price stability with an assessment of price controls. Both inflation and price controls distort market activity. Price stability without microeconomic intervention is the ideal state for the free market.

Price stability should be quantifiable.  Is the "assessment" of price controls too imprecise?

Sources. Unless otherwise noted, the Index relies on the following sources for data on monetary policy, in order of priority: International Monetary Fund, International Financial Statistics Online; International Monetary Fund, World Economic Outlook, 2012; Economist Intelligence Unit, ViewsWire; and official government publications of each country.

Anyway, it is food for thought.
694  Bitcoin / Bitcoin Discussion / Re: Property Rights on: July 23, 2013, 05:30:51 PM
Possibly from this site:
http://www.heritage.org/index/

The 10 economic freedoms are grouped into four broad categories or pillars of economic freedom:

  • Rule of Law (property rights, freedom from corruption)
  • Limited Government (fiscal freedom, government spending)
  • Regulatory Efficiency (business freedom, labor freedom, monetary freedom)
  • Open Markets (trade freedom, investment freedom, financial freedom)

Yeah, I have quite a few problems with the methodology, especially for "monetary freedom". But it is somewhat illustrative... particularly two categories: property rights and government spending.

I like the idea, and I don't see any major errors in the classifications.  I have not detected an obvious political bias in their rankings.
http://www.heritage.org/index/ranking
695  Bitcoin / Bitcoin Discussion / Re: Property Rights on: July 23, 2013, 05:22:11 PM
Possibly from this site:
http://www.heritage.org/index/

The 10 economic freedoms are grouped into four broad categories or pillars of economic freedom:

  • Rule of Law (property rights, freedom from corruption)
  • Limited Government (fiscal freedom, government spending)
  • Regulatory Efficiency (business freedom, labor freedom, monetary freedom)
  • Open Markets (trade freedom, investment freedom, financial freedom)
696  Bitcoin / Bitcoin Discussion / Re: It's all about "why" do I need Bitcoins on: July 21, 2013, 10:01:55 PM

Being able to move across state lines with nothing but a code in your head.  Its difficult to cross into a new country with 100 oz of gold, but easy with 1000 btc.

 Those that are facing a 50% tax on estate taxes on their death. Wouldnt it be nice to give your children btc instead of stocks, cash, or land?  evasion if not reported, but not the dead guy's problem.

Would it be more effective to market Bitcoins to estate planners or to rich old people directly?
697  Economy / Trading Discussion / Re: Bank of the West is Shutting Down Our Account for Accepting Bitcoins on: July 21, 2013, 04:13:46 AM
Get off the grid.

Experience freedom.


Not as easy as you might think.

I agree.  And there are things that I cannot move off the grid.  Those things are taxed and tracked up the ying yang.  It is legalized theft and servitude.
698  Economy / Trading Discussion / Re: Bank of the West is Shutting Down Our Account for Accepting Bitcoins on: July 19, 2013, 08:26:53 PM
Get off the grid.

Experience freedom.
699  Other / Meta / Re: Shouldn't a warning about the feature of account selling be posted here? on: July 17, 2013, 09:43:21 PM
So we understand the problem which is that people are selling accounts and therefore the trust that comes along with those accounts.  

So then, how can we fix the problem?  Does anybody have any proposals?  I'm not sure it's even possible to stop this activity.  Look at world of warcraft, where buying and selling accounts is explicitly banned and getting caught doing it will get your character deleted.  Yet hundreds of accounts are still bought and sold everyday.

So what's the solution?  Is there a technical one, or even a social one?  I'm not sure.

Is it against the terms and conditions of this forum to buy or sell accounts?



Even if we make it against the terms and conditions, people will still do it, just like with World of Warcraft accounts.

I guess that means that it is not against the terms and conditions.

700  Other / Meta / Re: Shouldn't a warning about the feature of account selling be posted here? on: July 17, 2013, 08:50:47 PM
So we understand the problem which is that people are selling accounts and therefore the trust that comes along with those accounts.  

So then, how can we fix the problem?  Does anybody have any proposals?  I'm not sure it's even possible to stop this activity.  Look at world of warcraft, where buying and selling accounts is explicitly banned and getting caught doing it will get your character deleted.  Yet hundreds of accounts are still bought and sold everyday.

So what's the solution?  Is there a technical one, or even a social one?  I'm not sure.

Is it against the terms and conditions of this forum to buy or sell accounts?

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