|
That would be so cool if true.
|
|
|
|
France is screwing themselves over through this regulation. Any country that regulates bitcoin will be left behind. Dont fight the inevitable. If you cant beat bitcoin, join bitcoin.
Like anyone follows France anyway. |
|
|
|
|
Is this considered a Paypal Verified transaction?
|
|
|
|
If they reject the block reward reduction, they will shoot themselves in a feet. The bitcoins will lose the value gradually, and after some time the 50 BTC reward will be worth less than 25 BTC reward, if the thing will continue as Satoshi laid out in his whitepaper. Will they increase reward to 100 or maybe 200 BTC in a future? This will lead to exponential inflation, just like real world fiat money.
Do I worry about 51% attack? No. The lulz will last for a few days maximum. They will not steal my coins, all they can do is double spend and denial of service, that's all. They will switch to profit after lulz ends.
If we can get their IP address, maybe we can get their GPS coordinates and launch a retributive bag of burning dog poo on their porch. |
|
|
|
Here's a proof of concept for a Bingo game. I am working on new designs. Comments?  |
|
|
|
It won't be long before many more Americans are starving as well. China is reinvesting their wealth in infrastructure. America is disintegrating.
Yeah well the Americans have the vote - so it's their choice. If America wants to fail then it's up to the people of America. The Chinese have no such choice. It's interesting this concept of democracy. It has failed in every attempt of institution. Why is America any different? People are willfully ignorant everywhere. |
|
|
|
China has already won this game. It's time to put away the game of scarcity and play a more mature game.
The Chinese government has just defined poverty in China as an income of less the $1 per day. I'm sure the 400 million Chinese who earn this daily may disagree with you. It won't be long before many more Americans are starving as well. China is reinvesting their wealth in infrastructure. America is disintegrating. China has already won this game. It's time to put away the game of scarcity and play a more mature game.
Scarcity isn't a game. It's reality in the physical world. It depends on what you value. If carbon, hydrogen, and oxygen are the most valuable things to you, then not so much. |
|
|
|
A major problem with magnetic strips is that they are easily erased.
Partially wrong. HiCo magnetic strips are really sturdy. I tried to erase credit card from year 1998 with HiCo magstripe on it. I rubbed it against permanent magnet pulled from old radio loudspeaker. The same magnet is able to damage audio tape and sometimes it can damage standard High Density floppy discs. The credit card worked without any errors in my MSR-206 reader. P.S. Magstripe readers are much cheaper and simpler devices than optical recognition systems needed for QR codes. Good to know. OK then. Casascius and others will have a working POS soon that we can use with a real Bitcoin debit card. I was under the impression that QR codes were the new thing. I guess they are best used for writing secure checks. |
|
|
|
You first, there's absolutely nothing stopping you.
I already have within the limits that people with guns have allowed me. Resist. Their game is one of diminishing returns. [edit] I would debate you face to face anytime. |
|
|
|
|
China has already won this game. It's time to put away the game of scarcity and play a more mature game.
|
|
|
|
"Money" is simply the most successful barter-good in an economy.
So far. Something better will come along as only technology will provide. |
|
|
|
|
The fear mongering surrounding the 51% threat reminds me of the cold war. "Duck and cover" so the nuclear blast would not harm you. You can always pull the covers over your face so the bogeyman won't get you. Seriously, yes nuclear bombs are real and have been used. They may be used again someday, but civilization goes on. We've devised preventative measure to deter such threats. The same can be done with Bitcoin.
There are alert measures available in the protocol. IP addresses can be traced to nodes. There are many real world tactics for mitigating the 51% threat. Besides, even if someone has 51%, they can simply make more mining than anyone else without fear of retaliation. When Bitcoin becomes a viable currency, there will be real world terrorist counter-measures developed to deter such actions. If threats escalate, so can deterrence. Nothing is off the table.
Hyperbole, yes... Serious, not sure... Kubrick inspired, certainly...
|
|
|
|
I suppose as certain businesses go under and other merge, a drop in value could be expected. Also, the usual speculation ups and downs. 0-3 Plausible 4-5 Only if 6-8  lolk Major speculation will end as nations decouple currencies just as there is little speculation on USD. Speculation is driven by psychological factors (basically fear and greed) and will peak, but may drop somewhat if nations handle adoption badly and with force. The last few stages are a long way off. Bitcoin is very cool money, but it's still just money and you can't eat it. How much would you sell the last scrap of food on earth for? The Earth is limited. Capitalism is not. Capitalism is destroying life on Earth and at some point we'll need smart money with AI that allows for a sustainable economy. Forget the last part, that's a leak to my next novel. |
|
|
|
Ayn Rand's The Fountainhead, narrated by Gilbert Gottfried
With Commentary by Fran Drescher. Yes me too. |
|
|
|
Jan 24th CET
Pres. Obama will declare National Bitcoin Day. Wow, that's good stuff Maynard!  |
|
|
|
|
It's not software or it would be two weeks. Is it a Trade Hill website facelift?
|
|
|
|
What's stopping a person from using gold to trade for any good he desires?
Muggers would love for folks to start carrying around gold again instead of plastic. Heh, I bet they would love my P90 strapped to my back as well unless your ideal society has a government monopoly on guns and the like. Beautiful: http://www.youtube.com/watch?v=0C0dmGeE4MIIt's called the element of surprise. Unless of course you can afford bodyguards. |
|
|
|
What's stopping a person from using gold to trade for any good he desires?
Muggers would love for folks to start carrying around gold again instead of plastic. |
|
|
|
come on dev's here is your chance to make the biggest name for yourself since Satoshi. this project is the key to ensuring bitcoins success no matter what kind of government or bank crackdown. start coding!!
its open source, go on ahead and start a pull request  Maybe he is Satoshi |
|
|
|
Hey, Harv. I'm buying you lunch and/or dinner during the convention in San Antonio this coming March. All you have to do is accept my offer. I, for one, look forward to hanging out with you. trying to sound important by constructing sentences the way they see them in books, but failing at it for the simple reason that they haven't had enough practice at it yet. I can almost relate to this in regards to one of my two writing styles. When I'm posting serious shit, I try to be as grammatically correct as possible, whereas my fun comments are of the whimsical nature. Then again, there's possibly a third, consisting of a subtle approach I've been know to use so well. Oh, of course, Phinnaeus. I'll happily join you. : ) I may find myself tempted to buy you lunch though so I'm afraid of a conflict of interest. : P man you have lots of potential, i'm happy to be around and know people like you Harvey. Right now you make me wish i could join you guys and change some ideas, maybe next time  Perhaps we'll have the forethought to offer live streaming and a chat room. |
|
|
|
|
Show Posts
