Technology has never been a problem, but inequality is, and the solution seldom lies in technology
Overproduction has been happening in China since 4th century but many people still starved, and they did not have the modern technology/monetary system then
Production is only a part of the solution. We have come a long way in 1600 years. This is why I gave up on discussions like this.  (no, actually I didn't) Technological limitations are indeed secondary, and the biggest importance of science in this endeavor is the hope that it might render at least some philosophical problems irrelevant (and give rise to a multitude of new ones of course). The progress we need to make is in ethics and social philosophy. I read some of the source material discussed here, but unfortunately naturalistic fallacy is so abundant that it's almost impossible to obtain a clear perspective. I might have missed some hidden gems though. I'm not sure what philosophy you mean. What more do we need than the scientific method? |
|
|
|
|
I am thinking of doing something similar with a bitcoin bingo game for charities. I'm still not sure how legal it is, and it's still too hard for Aunt Bessie to convert a private key to Bitcoin.
|
|
|
|
Leveraged volume?
Deleveraging volume . If you don't keep your leverage low enough, Zhoutong will lower it for you... all the way a zero account. This. I never leverage myself, it's pretty funny watching all this drama from a far (sympathies to any of you who're hurt though). For me, long-term BUY and that's it. Indeed. I don't understand the panic. It's not like it's a business that can close. Bitcoin will always be there and will eventually go up when more and more utility is created. |
|
|
|
Just got a thought:
Cash or money brings a standard measurement of value so that people can easily compare the value of goods/services on micro level (Why do they compare? It is driven by human nature of requiring justice and balance), and at macro level, it brings unbalance
You and your neighbor both mowed lawn for one hour and earned 20$, this could be regarded as quite fair, although you have 1 million$ and your neighbor has only 10,000$. Since the market can be regarded as unlimited and the service relatively limited
But at macro level, it's all about market share: Both you and your neighbor invest your money to produce auto mowing machine, if you have much more money than your neighbor, you will produce robot faster thus occupy the market before your neighbor's robot produced
This type of inequality due to capital size increase the gap between wealthier and poorer, so that unbalance is the ultimate result. It is the weakness of any monetary system
A better designed system should be able to reduce the competitiveness of wealthier, so that small investors always get good return and big investors always get poor return
But that is not easy, since a big investor can always split itself into many small investors
Seems taxation aimed at individual is the way to go, but an individual could have little wealth but control several international corporations
In a resource based economy, same problem still exists, the inequality of each individual will eventually bring unbalance into the system, unless that system could outsmart the most smart people on the earth
This is why I gave up on discussions like this. People like johny throw their opinions around about RBE that have not read anything about it. There is just no point in trying to have a discussion with someone completely uninterested in the subject matter. |
|
|
|
|
It's gotta blow up sometime.
|
|
|
|
|
I haven't found another thread on this topic. Is there any development yet for a bitcoin debit card that doesn't require the customer to carry a battery powered device?
|
|
|
|
|
I suppose I should put a scratch off sticker over the private key to prevent someone from photographing it. Only a portion needs to be covered.
|
|
|
|
|
I'm going to design another one to throw into tip jars. I need to come up with something eye catching so they don't just throw it away and actually read it. Any ideas?
|
|
|
|
oh again?
lol
Satoshi Nakamoto was a pseudonym adopted by a group of ppl - they are still among us <cue twilightzone music> - you wont find a "him"
There was/is a nic registered on this forum. It's not likely that a nic is used by more than one, is it? LOL are you serious? - many ppl have more than one account and many accounts are used by more than 1 user Just off the top of my head i can think of 4 BTC "businesses" that share accounts between staff, no harder for a group of users to set up I don't really care who coded it. Whether his/her/their anomymity is out of fear of wikileaks fallout or simple humility, I respect the right to privacy. I wouldn't want a false rape charge to smear bitcoin. *stands* I AM SATOSHI NAKAMOTO |
|
|
|
oh again?
lol
Satoshi Nakamoto was a pseudonym adopted by a group of ppl - they are still among us <cue twilightzone music> - you wont find a "him"
There was/is a nic registered on this forum. It's not likely that a nic is used by more than one, is it? |
|
|
|
|
"I went out and bought a Bitcoin"
Run tell dat!
|
|
|
|
|
Ms Bitcoin? Can Satoshi be a girl's name?
|
|
|
|
I'm doing a shot every time they say the word bitcoin.
You still alive bro? I lost count at 20. Umm... *hic* yep  |
|
|
|
|
I'm doing a shot every time they say the word bitcoin.
|
|
|
|
I suppose this is how they plan to stop drug trafficking.  |
|
|
|
I'm waiting for the day when the gold coin will be in Satoshis. |
|
|
|
Bottom line, if you want people to get into bitcoin and get the word out there, you have to know how to sell it and that means picking which strength will entice a person.
For me, bitcoin's nerdiness does it all. It wouldn't even have to work as well as it does, I'd still be fascinated by the concept.
For normal fiat-filchers though, we have to find out what that person desires in a currency.
Do they want to launder money?
Buy drugs?
Evade taxes?
Obfuscate savings?
Avoid banks?
Hire an assassin?
Buy child porn?
Gamble?
Donate to wikileaks?
Get money across state/country lines?
Simplify their accounting?
Well said. I'd probably remove hire an assassin and buy child porn from the list, though. Donating to wikileaks is not illegal, just difficult. Bitcoin makes it easier as it will most things. You might even add: fund terrorist, place human trafficking orders, kidnapping, blackmail, extortion, err wait. Those are done with fiat money. Nevermind. |
|
|
|
Good point. I'll have to think about this some more. There HAS to be a better way to randomly pick like 10 nodes that get to process the transaction.
This has been suggested before. Some people don't seem to like the proof of work concept. Maybe it because your math teacher made you do it.  |
|
|
|
|
Wow, that's quite a list of activities. SXSW alone is worth the trip.
|
|
|
|
|
Show Posts
