Can we have a fork where someone is hit by lightning every time they decide to sit in the middle of traffic to express their freedom?
Let me get your point straight: Who should be hit by lightning specifically ? PS. Unfortunately that would be a fork of reality, which is not easily done unless you are the creator. |
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The professional way this was handled is quite impressive and bodes well for confidence in Bitcoin. Thanks guys!
+1 Aye, quite impressive. |
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Obviously some of us here may be familiar with such conspiracy theories as the New world order and such like, and as a n00b I still have questions about this Satoshi guy and why he would be so illusive whilst other early developers are open.
Probably because 1. He (or they) is afraid of the global elites (and he/they should be). 2. He (or they) wants to have a normal life 3. He (or they) wants to do other project independently So what do you think about the long term future of Bitcoin, could it be subverted from a utopian currency system into a dystopian one with draconian laws imposed upon it by government?
No. could hardware wallets become implantable RFIDs?
No. could the mining pools centralise and become the new Bank for International settlements?
No. as all transactions are transparent could the legislators make creating new public key addresses illegal and could they enforce that?
No. Your thoughts please...
I hope i my thoughts helped. |
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That's why it's important to do research into building efficient and privacy preserving tax systems that can apply to cryptocurrencies (and yes, they exist, Bitcoin is not the end of taxation).
This is such a terrible piece of bullshit. We do not exist for governments, it's the other way around. Governments exist for us. We should pay taxes because we want to, not because we are forced to. If we are all forced to pay taxes we don't want to pay, it means that something is seriously wrong with our democracy. And actually, because what I said is the case in most countries in the world (except for Switzerland and maybe few other countries) , there is something wrong with the whole world actually. So the sooner the world changes to the situation where people WILL WANT TO PAY THE TAXES (because they will know that the money will be well spent), the better. Do let us know when you catch that unicorn.  I lol'd. You give me the choice to not pay taxes and I don't care if the govt is handing out whisky, joints and whores I'm not given 'em any money. People like you are one of the reasons why taxes (and almost everything coming from government) have to be forced. You should reduce your assholeness level. You just keep on chasin that unicorn sweetheart. LOL You sir, are an idiot. Life is going to constantly kick your butt with this attitude. The funny thing is that you are yet too stupid to realize why are all these things happening to you. Or perhaps you are just some kid. In that case, i hope that when you grow up, you will start to understand things. |
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That's why it's important to do research into building efficient and privacy preserving tax systems that can apply to cryptocurrencies (and yes, they exist, Bitcoin is not the end of taxation).
This is such a terrible piece of bullshit. We do not exist for governments, it's the other way around. Governments exist for us. We should pay taxes because we want to, not because we are forced to. If we are all forced to pay taxes we don't want to pay, it means that something is seriously wrong with our democracy. And actually, because what I said is the case in most countries in the world (except for Switzerland and maybe few other countries) , there is something wrong with the whole world actually. So the sooner the world changes to the situation where people WILL WANT TO PAY THE TAXES (because they will know that the money will be well spent), the better. Do let us know when you catch that unicorn. I lol'd. You give me the choice to not pay taxes and I don't care if the govt is handing out whisky, joints and whores I'm not given 'em any money. People like you are one of the reasons why taxes (and almost everything coming from government) have to be forced. You should reduce your assholeness level. |
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That's why it's important to do research into building efficient and privacy preserving tax systems that can apply to cryptocurrencies (and yes, they exist, Bitcoin is not the end of taxation).
This is such a terrible piece of bullshit. We do not exist for governments, it's the other way around. Governments exist for us. We should pay taxes because we want to, not because we are forced to. If we are all forced to pay taxes we don't want to pay, it means that something is seriously wrong with our democracy. And actually, because what I said is the case in most countries in the world (except for Switzerland and maybe few other countries) , there is something wrong with the whole world actually. So the sooner the world changes to the situation where people WILL WANT TO PAY THE TAXES (because they will know that the money will be well spent), the better. Do let us know when you catch that unicorn. I want to be happy with ruling of my government, is that really so much to ask ? I f I am happy, I want to pay taxes, because government doing a good job means we need more of that good job. If government is doing a bad job, we need less of it -> so less taxes from me. Perhaps we should redesign the version of democracy we are currently using, because it clearly sucks goat balls. |
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CoinLab is going to take over servicing those accounts, and move them to Silicon Valley Bank in the US. Future news article: 'US Government seizes $100 million from CoinLab's bank account.' Quite possible i would say. You never know what are these govt morons going to do. |
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That's why it's important to do research into building efficient and privacy preserving tax systems that can apply to cryptocurrencies (and yes, they exist, Bitcoin is not the end of taxation).
This is such a terrible piece of bullshit. We do not exist for governments, it's the other way around. Governments exist for us. We should pay taxes because we want to, not because we are forced to. If we are all forced to pay taxes we don't want to pay, it means that something is seriously wrong with our democracy. And actually, because what I said is the case in most countries in the world (except for Switzerland and maybe few other countries) , there is something wrong with the whole world actually. So the sooner the world changes to the situation where people WILL WANT TO PAY THE TAXES (because they will know that the money will be well spent), the better. |
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Including, unfortunately, the 3% female ratio  Woman are not here to make the money, they are here to spend them. (After we become rich using Bitcoins) This is how this world is built. So the smart males who invested in Bitcoin early will be the ones getting the largest number of females and healthiest (& smartest) offspring. I guess that Bitcoin sort of affects evolution of mankind then. |
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The first moment 90% of people touch the limit, it will be raised without asking your opinion.
Nope it won't as long as 95% of clients will not relay such blocks. Miners cannot raise the limit on their own without the official client supporting all sizes of blocks. Also, i think that some additional code will be needed in order to auto-reject too large blocks, but I may be wrong. I really wish someone would invent a sarcasm font for the internet.
Oh well, i didn't read your post completely - just few lines, so no way of detecting the sarcasm. Sorry. |
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Perhaps a 7.5 MB max blocksize would be a good idea since it would provide enough space to eventually compete with PayPal?
No constant blocksize will ever be good, because 1. Market, economy and people are dynamic things. 2. Changing the limit every time we need to is unfeasible. It is better to solve things once and for all instead of changing it frequently to cope with increased needs. 3. 1MB was just a temporary solution for BETA period. Even satoshi mentioned that the limit will have to be changed some time in the future. IMO blocksize should always scale with the network/demand, the same way as difficulty scales. So there should be either some blockchain voting process, an automated algorithm which decides proper block limit or even both. |
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Is slashdot supposed to be for tech geeks or am I mistaken?
It seems lately its more for tech ignorants and "empty" people who are afraid of progress and automatically dismiss everything that does not fit their point of view. Or perhaps, is it just envy ? They envy us and they cannot reconcile that WE are the early adopters, not them. |
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I voted "I don't know," but changed my mind after reading - can you edit the poll so we can change our vote (not sure if forum software lets you do that)?
Unfortunately, no. |
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Can "No limit" be added? Thanks.
No it cannot. Without the limit, Bitcoin network can't function. There has been no proof of this. 1. After the last Bitcoin will be minted, there will be no incentive for miners to mine, except for transaction fees. When block can be of any size, then any number of transactions can make it into every block, therefore theoretically no transaction fees need to be paid. 2. How do you protect the network from dust spam & DDoS without block size limit ? Neither of these is a problem if large blocks are orphaned by small ones. It makes mining more of a skill, as they must make the largest block that is not too large such that other miners will receive it fast enough. You are giving total control to the miners. And sooner or later they will conspire to decide the block size between themselves. |
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Can "No limit" be added? Thanks.
No it cannot. Without the limit, Bitcoin network can't function. There has been no proof of this. 1. After the last Bitcoin will be minted, there will be no incentive for miners to mine, except for transaction fees. When block can be of any size, then any number of transactions can make it into every block, therefore theoretically no transaction fees need to be paid. 2. How do you protect the network from dust spam & DDoS without block size limit ? Your theory is wrong. Miners have no obligation to include free transactions Correct, however if any number of transactions can and should theoretically make it into the block, won't the miners conspire and create their own limits anyway in order to save their profits ? So won't theoretical "no limit" result in practical "miners decide what the limit is" ? |
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Can "No limit" be added? Thanks.
No it cannot. Without the limit, Bitcoin network can't function. There has been no proof of this. 1. After the last Bitcoin will be minted, there will be no incentive for miners to mine, except for transaction fees. When block can be of any size, then any number of transactions can make it into every block, therefore theoretically no transaction fees need to be paid. 2. How do you protect the network from dust spam & DDoS without block size limit ? |
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Can "No limit" be added? Thanks.
No it cannot. Without the limit, Bitcoin network can't function. |
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Self adjusting algorithm like difficult. We don't know what the future brings (hardware and demand wise) changing it again might be even harder, so a solution that possibly fixed this once and for all.
+1 |
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