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1041  Bitcoin / Bitcoin Discussion / Bitcoin, btcd and Golang on: August 29, 2014, 10:14:06 PM
http://www.reddit.com/r/Bitcoin/comments/2exd3e/bitcoin_btcd_and_golang/

This is a video from a combined event between the Austin Bitcoin Meetup and Austin Go Language User Group.

There are three parts:

Part 1 is an introduction to Bitcoin by Marco Peereboom, and probably doesn't offer much to readers of this subreddit.

Part 2 explains the business reasons why Conformal decided to switch from C to Go.

Part 3 is Dave Collins's presentation on btcd's architecture and use of Golang features.

Part 3 is notable in that Dave decribes the weaknesses of Go in addition to its strengths, and how they mitigate them.

PDF copies of the presentations are available here:

https://github.com/ATXBTC/Presentations

PS: The Austin Bitcoin Meetup will be conducting similar events with the local Python, Javascript, C, Java, etc user groups. If you're a developer of a relevant project and would like to participate, contact us.
1042  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 29, 2014, 03:50:32 PM
You guys might find this interesting: http://www.reddit.com/r/Bitcoin/comments/2exd3e/bitcoin_btcd_and_golang/
1043  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 29, 2014, 02:09:10 PM
How do you think this will end?
The USA will end in the same manner as the USSR.
1044  Bitcoin / Bitcoin Discussion / Re: the Free market has failed Bitcoin needs a Central authority and Global ID. on: August 29, 2014, 04:28:32 AM
Create exactly what you describe above, exactly what you want, exactly what you think people want and need.

Compete head to head with Bitcoin

Winner take all.

You will lose.  I am betting on it because I own a boatload of BTC.

BTW what it the name of the thing you are pushing?  Just curious.
OP could probably get Mike Hearn to help him build it.

This proposal has all his favourite talking points in it.
1045  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 08:03:24 PM
Taxation is NOT rape, and it is NOWHERE near even close to rape... and people are being disingenuous and deceptive when they are attempting to frame reasonable conversation with such inappropriate and diverting analogies.
They are both involuntary impositions of one person's will onto another person.

In the case of rape, the victim submits to unwanted sex either because they are physically incapable of stopping it, or because they've been threatened with even greater harm unless the cooperate.

In the case of tax, the victim pays either because the money has been taken from them before they had the opportunity to resist, or because they are threatened with greater harm unless they comply.


The analogy is perfectly accurate, which is exactly why those humans who use the state to prey upon other humans hate it. Their work is much easier if they can do it in the shadows, and cloak their predations in the illusion of respectability.
1046  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 06:37:54 PM
Indeed, it was the creation of a government who traditionally considered health care not to be its concern, and therefore left it entirely to private enterprise.  As it always happens, left to its "self-regulation"  the health care market degenerated into an oligopoly, whose only concern is to maximize the revenue of their owners; who that maintains their dominance of the market by buying out the government.
This is a great example of why belief government is just as faith-based as any other religion you could name.

Literally no part of the myth above is true.

http://www.freenation.org/a/f12l3.html
1047  Bitcoin / Armory / Re: Armory - Discussion Thread on: August 26, 2014, 06:19:30 PM
Does anybody know - the Armory will have BIP0032 or BIP0044 compatible wallet in future versions?

I prefer BIP44 because i think this standard is more flexy than BIP32. And some devices supports it - the Trezor for example.
It's will be important when i will want to keep the seed - the seed of BIP44 will different from BIP32 as i understand
I assume the 32 is the blockchain type wallet I was asking about ?
BIP32 is just a standard for how to deterministically generate the keys. It doesn't define any particular hierarchical structure.

BIP44 is one (out of many) specific way to implement a hierarchical wallet, using BIP32 key derivation.

The two standards complement each other.
1048  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 06:02:37 PM
I was assuming sane objectives Wink
That's a dangerous assumption to make, because it reinforces the basic lie about the state.

The state pretends to have the same goals and motives as the people it subjugates, but that's just an efficient illusion, or camouflage.
1049  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 05:47:47 PM
realize that the free market does NOT accomplish the objectives the same as the public creation of various education institutions and infrastructure.  

I disagree. People in general realize education is important and will go out of their way to obtain it for their children (There is historical evidence for this by the way). And being discerning consumers and not the money firehose that is the government, they will ensure they obtain value for money.
In this case, I agree with JayJuanGee. The free market would never build educational institutions that resemble anything the government builds.

We know this, because the government has to use the threat of fines and jail both to force parents to send their children to those institutions and also to pay the taxes that fund them.

Our best guess is that education in a free market would probably be the opposite of government-provided education.
1050  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 26, 2014, 05:39:19 PM
Student loans the fastest growing debt.
They are getting them younger.
The education can't be taken away, but you also can't pass it on to your heirs.
It is as ephemeral as it is inalienable.
worse than that, college provides students with schooling, not education.

Any education may occur is purely accidental and contrary to the goal of producing well-schooled students.
1051  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 05:32:26 PM
Tax system is necessary for human community, isn't it? I thought it was common knowledge.

Whether taxes are spent properly is a different issue, isn't it?

Those who survived without tax can not say other people do not need tax support. If they say so, they don't really need bitcoin as well, as they don't need community.

Humans are social, by nature. Bitcoin will have to go well with tax. But, it does not necessarily go well with fiat!

Rape is necessary for human romantic relationships, isn't it? I though it was common knowledge.

Whether the victims are chosen properly is a different issue, isn't is?

Those who can obtain consensual sex without rape can not say that other people do not need to resort to rape. If they say so, they don't really need sex as well, as they don't need community.

Humans are social, by nature, therefore rape is a necessary part of romantic relationships.
1052  Bitcoin / Armory / Re: Armory - Discussion Thread on: August 26, 2014, 01:36:24 PM
Well, in fact all others are incompatible, as Armory was the first one with HD wallets.
Not quite HD.

Armory was never hierarchical, just deterministic.
1053  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 25, 2014, 01:11:01 PM
I'm sure landlords think your theory is absolutely great!
Don't have one.
1054  Bitcoin / Bitcoin Discussion / Re: Who's brave/stupid enough to invest their life savings into Bitcoin? on: August 25, 2014, 12:57:40 PM
Rumour was he sold everything he owned to buy Bitcoins.
That's the right way to do it.
1055  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 25, 2014, 12:48:23 PM
Finally, when you own a house you have zero flexibility. I really don't want to own a house thank you very much.
I agree with this theory, and I've been pushing it increasingly further over time to see how far I can go.
1056  Bitcoin / Project Development / Re: ChromaWallet (colored coins): issue and trade private currencies/stocks/bonds/.. on: August 25, 2014, 03:25:00 AM
So how does a Colored coin representing 1oz of gold actually transmit gold?
There's no such thing as a colored coin, or a Ripple whatever, that represents 1 oz of gold. The only way to transmit gold is to pick it up and carry it to where you want it to go.

A colored coin, or any other kind of financial instrument in any form, represents somebody's promise to give you 1 oz of gold.

Promises are can be transmitted, not the gold itself.

Most of the "Bitcoin 2.0" projects completely misunderstand - or are actively obfuscating - these facts.
1057  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 24, 2014, 05:42:07 PM
Housing is a strange animal because it's the only consumer purchase where buyers want to see the price rise. Every other household item like cars, gas, power, household goods, food, rent etc, consumers hate to see price increases. And especially in 2nd hand goods.
People have been lied to and brainwashed by the mortgage banking industry.
1058  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 24, 2014, 04:51:17 PM
What happens when houses can be 3D-printed? A lot of the cost of new housing is *still* labor, but that could very well suddenly drop to almost 0 in the next 10-20yrs. That would mean a big drop in per-sq-ft housing costs across the board. Great for then-first-time-homebuyers, bad for anyone who purchased before that change. That'll really make it obvious that most housing is consumption, not investment. Exception being desirable land/location. But all the nice houses in people farms in lackluster locations should be considered mostly consumption.
Used houses are durable consumer goods, like used cars.
1059  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 23, 2014, 07:02:54 PM
perhaps you should consider rephrasing "Bitcoin isn't any good to anyone in its current state" to "Bitcoin's ancillary services aren't any good to anyone in its current state"?
meh. Don't want anyone to get complacent.
1060  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 23, 2014, 05:54:59 PM
Furthermore, what they are doing adds helpful pressure to implement better mixing/anonymity by default, as evident by your concerns.  The gambling sites, users, and wallet devs are all reacting to the pressure in positive ways.  If "due diligence" for tracking coins from gambling sites is "1 hop" then the coins can be sent using 2 hops, etc.  It's just a game to pacify the regulators--Coinbase pretends to care and so implements a coin-tracking policy, and we route around it (becoming stronger in the process).
I agree that the pressure is good for Bitcoin in the long run.

We don't actually disagree. See what I originally wrote:

But first we better get to work on better privacy techniques.

Bitcoin isn't any good to anyone in its current state.

The gambling sites, users, and wallet devs are all reacting to the pressure precisely because the status quo is in adequate.
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