Well, i had other proposals.


or


or



...and variations of above.

Yeah i agree - it's not very good looking, but I think it's the most intuitive and probably one of the most logical solutions.
Using it we can avoid a lot of mess.

Because you seem to have said so of course...

FYI, i would NEVER EVER put something like this in URL, because just from the looks of it it's scary as hell.
FYI-2 i know "something" about security, but i have no need to explain myself to you.

Really ? WOW, what a misfire...

WM7 will soon be a dying platform, before it even took off...

Open Source RLZ, apparently

Why so difficult ?
It is very easy to set up a 20-line max shell script or PHP script that will do exactly the same - send money to another wallet.

I think logical reasoning can help here...

Money gives power =>
More money = more power =>
People who have most money are the most powerful =>
People who make money, have absolute power =>

Conclusion #1: We're most likely ruled by Bankers.

Power corrupts =>
More power corrupts even more =>
Absolute power corrupts absolutely =>

Conclusion #2: We're most likely ruled by very corrupt people.


Conclusion #1 + Conclusion #2 = We are probably ruled by evil and ultimately currupted banker motherfuckers. (Which by the way plays very well with what the american founding fathers said about banks)

EDIT:
And because 98% of people has even no idea how the banking system works, there has to be some kind of conspiracy to keep the masses from understanding that.

You mean like bitcoin-central.net code is open source ?
Where is the tarball for download ?

Good, i certainly trust you more than bytemaster.

But why does it say 13622.05 BTC ?

How do we know that the bounty is safe and the person who started this didn't run away ?
Bytemaster has a nasty habit of disappearing every few weeks... Doesn't exactly look trustworthy to me.

This thread stinks of fraud.

Of course.


Also: Libertarianism is terrorism.

Please wait comfortably in your chair, Though Police™ will be at your place in few minutes...

Yes, but any of the clones will not have the same trust and good publicity as the original one.
Less trust = less value.

What your saying is very similiar to "What would happen if i mixed some chemicals (or manipulated matter at subatomic level) and produced something that looks, smells like gold and has every other property of gold".

Nothing special would happen. Depending of how scarce is the thing you are producing, and how easy is it to produce more, it would have bigger or smaller value. The harder is to produce a thing = the more scarce that thing is == the more value the thing has. Also if it is easy to divise, shape and carry, then it can be used as a currency. This rule works with everything.

Coin selection would be an awesome thing.
It would allow more privacy for BTC users.

So it is possible for a currency to be strong without the need for a lot of goods to be traded with it ?

Sirius: I'm an author of a PHP Open Source project dedicated to optimizing sites against "Slashdot/Digg effects" (well it's not directly for that but that's a positive side effect).
Contact me if you are interested in speeding up the site dramatically.

I was wondering - why is the site and the forum are sooooo sloooooooow.

The answer is here - we are being slashdotted. Again.
http://news.slashdot.org/story/11/02/10/189246/Online-Only-Currency-BitCoin-Reaches-Dollar-Parity

Well, I guess this is both good and bad.

When all bitcoins are mined, then the big miners will probably move out of the market (if the transaction fees won't be large enough).
If big GPU/clusters miners move out, then difficulty will drop so much, that you willl be able to generate blocks easily using a single multicore CPU.


Not necessarily. If they won't be paying, and big miners exit market, then it will be very easy to generate blocks.
I think the market will self-balance automatically, and determine the best transaction fee.

I am not sure, but i guess yeah.
However that wasn't "clean case", because FRNs were also "legal tender" so that kind of adds purchasing power the the currency.

Just out of curiosity.

Can a currency be backed mostly or completely by another currency ? Has anything like that ever happened in history ?

I don't know, I'm seriously asking a question - this is not sarcasm or anything.

I think that smaller or bigger versions of "tulip manias" are happening a lot on Bitcoin market - it's simple matter of overspeculation.
But complete destruction of currency is not likely to happen as with the tulips.

I mean even if Bitcoin's value drops 10 - fold due to enormously massive overspeculation, it will still be a usable currency. It will still have all the means to be a currency and drop in value is not going to change that.

All the technologies to build alternative interwebs already exist: TOR, I2P, GnuNet, OpenVPN, Mesh etc. The only thing needed is the will of people to switch to that alternative.

This is exactly what i meant earlier.

The approach of a lot of people here is "FUUUUUUUUUUUUUUU, GOOO DIEEE GOVERNMENT MOTHAFUCKAS, BGING IT ON BITCHEZ - WE'RE GONNA KICK YOUR DAMN ASS WITH BITCOIN !!!!!!1111oneone".

In theory, this is good, because government deserves to get their asses kicked long ago.
But in practice this is a "frontal attack using front door" strategy and it won't work, because government is perfectly prepared for a frontal attack. They are good at this.

If you want to defeat government, you have to be cautious, careful, patient. Work slow, don't attract too much attention, popularize bitcoin among traders & exchangers, and then, before government(s) realizes, there will be no turning back from Bitcoin becoming a world currency.

But it seems a lot of people on this forum are not grown up enough to understand that.