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1041  Local / Presse / 2013-10-03 (Presselawine) - FBI, Silk Road, Bitcoin etc on: October 07, 2013, 08:28:15 AM
http://www.tagesschau.de/ausland/silkroad100.html

http://www.gruenderszene.de/allgemein/bitcoin-drogenhandel-mutmaslicher-silk-road-betreiber-gefasst

http://winfuture.de/news,78137.html

http://derstandard.at/1379292889827/Silk-Road-FBI-schaltet-Ebay-fuer-Drogen-ab

http://futurezone.at/digital-life/bitcoin-kurs-sinkt-nach-silk-road-schliessung/29.412.576

http://www.heise.de/newsticker/meldung/Silk-Road-FBI-schaltet-wichtige-Handelsplattform-fuer-Kriminelle-aus-1972026.html

http://www.spiegel.de/netzwelt/netzpolitik/mutmasslicher-silk-road-gruender-dread-pirate-roberts-verhaftet-a-925899.html

http://www.handelsblatt.com/finanzen/rohstoffe-devisen/devisen/silk-road-bitcoin-marktplatz-wird-geschlossen/8881946.html

http://www.welt.de/wirtschaft/article120599544/Online-Drogenhandel-FBI-macht-Silk-Road-dicht.html

http://www.zdnet.de/88171433/fbi-schliesst-drogenhandelsplattform-silk-road/

http://www.golem.de/news/silk-road-drogenhandel-abgeschaltet-1310-101947.html

etc
1042  Bitcoin / Bitcoin Discussion / Re: SilkRoad domain Seized? on: October 02, 2013, 04:11:13 PM
Just curious, how did it get seized.

As I understand it, seizing an onion domain involves compromising the private key associated with it - just like a bitcoin address.

I guess they just raided the server in this case.

But astonishing that they go all the way to upload their nice picture. They mark the conquested territory.
1043  Local / Deutsch (German) / Breaking: Silk Road geseizet, Betreiber verhaftet on: October 02, 2013, 03:43:26 PM
http://krebsonsecurity.com/wp-content/uploads/2013/10/silkroadseize.png

http://krebsonsecurity.com/wp-content/uploads/2013/10/UlbrichtCriminalComplaint.pdf

1044  Economy / Economics / Re: Real money vs debt, and the value of bitcoin. (Mitchell-Innes credit theory) on: October 02, 2013, 02:37:12 PM
Sorry, but you are not addressing my point: it is not enough just to declare it is a "false dichotomy" - you have to show precisely why. Here is my point again:

To justify your disagreement, you must show precisely where my reasoning went wrong.

This is a very mechanical and sociopathic view on humans. Probably you've read too much Hoppe or Ayn Rand. Humans are not machines. They also have the capability to share things without involvement of a state. That is why it is a false dichotomy, very clearly. Or do you use currency in your own family to trade tit-for-tat? Similarly, ancient societies consisted of tribes, i.e. extended families. That's why the step to minted coinage is not as straightforward as you believe it to be. Still, they also had "division of labor" to some degree nevertheless. For larger tribes they were some kind of reputation systems in place, if you read anthropologists like Professor (and anarchist) David Graeber, who dispels many myths like Adam Smith's thought experiment (nothing else it was) about the origin of money from barter.

At larger scale, things surely get more complex, but I mentioned that myself. Even then there are other approaches without requiring a state. Again, you should watch the linked documentaries to broaden your horizon, just a little. You have this reductionist view that is too typical for US Libertarians, it already has become a cliché.
1045  Other / Politics & Society / Re: Imagining 10 Dimensions - the Movie on: October 02, 2013, 01:13:33 PM
well, which part of you
1046  Other / Politics & Society / Re: Imagining 10 Dimensions - the Movie on: October 02, 2013, 12:45:27 PM
but, what is real
1047  Economy / Economics / Re: Real money vs debt, and the value of bitcoin. (Mitchell-Innes credit theory) on: October 02, 2013, 12:31:36 PM
The alternative is to have the state

False dichotomy.

Watch this docu: Living Utopia (The Anarchists & The Spanish Revolution)

Or, for a more modern example of syndicalism, this one: The Mondragon Experiment - Corporate Cooperativism (1980) FULL

I've said it many times, the issue is not about trading ("capitalism") vs sharing ("socialism"). It is about scale. People need to feel in control of their own affairs again, and that works best on a local level (which can also be virtual in the age of the internet).
1048  Bitcoin / Project Development / Re: [ANNOUNCE] Zero Reserve - A distributed Bitcoin Exchange on: October 02, 2013, 10:32:29 AM
yeah it's been known for a while

http://www.reddit.com/r/Bitcoin/comments/1lpfg7/bitstamps_new_verification_requirements/

but no wonder at all. Of course they have to follow regulations.

Also not such a big deal if using such exchanges. They know your bank account and see where the fiat's coming from anyway.
1049  Other / Off-topic / Re: Internet was badly designed from security perspective on: October 02, 2013, 10:18:36 AM
sometimes I also believe the internet was designed that way, to be "insecure", it's a military invention after all.

but then again I guess we can't take such things for granted. Communication technologies for the masses before were never anonymous at all. You always had to register your phone in one way or another, and communication was unencrypted of course, and you had to take the authorities' word that they follow the law and don't monitor everything without a reason and strong suspicion.

Same with former data services like BTX, it was just self-evident that all communication data would be available for authorities on request. But in this new internet-www-thing it was at least new and (at least here in Germany) very unusual and anarchic that the providers of content (website owners etc) or e-mail would not really and necessarily know who you are.
1050  Bitcoin / Bitcoin Discussion / Re: Butcoin just mentioned on Coast To Coast AM on: October 02, 2013, 09:27:29 AM
and? AND? 'tis a conspiracy aye?
1051  Economy / Economics / Re: Real money vs debt, and the value of bitcoin. (Mitchell-Innes credit theory) on: October 02, 2013, 08:02:36 AM
you could argue though that self-sufficiency doesn't scale.

Or that top-down structures and hierarchies in human history had an evolutionary advantage after all.

People do like exotic goods after all which the kings and rulers indirectly provided when they issued currency which enabled trade along the (ancient) Silk Road.

So, not every invention by kings and rulers was bad. Some satisfied real demand. Money seems to belong into this category. Money is a tool to organize division of labor on a grand scale. Recognizing that fact, Bitcoin may be the first currency not issued by an authority, and the first without force behind it (to the gold bugs: no, gold was never free, was always mined on territory of rulers and thus initially belonged to them).
1052  Local / Deutsch (German) / Re: Schweizer Abgeordeter beantragt Bitcoinverbot on: October 01, 2013, 10:17:41 PM
vielleicht auch Glück und 21 Mio sind bereits fertig gemint bis die Gesetze da sind

Ein Wort: Transaktionsgebühren.
1053  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Play or Invest : 1% House Edge : Banter++ on: October 01, 2013, 06:21:49 PM
ok so, I think, in short, if he also invests, i.e. has a strategy for gambling and investing, and also has more coins than the house, then he practically controls it. He almost is the house then. But usually houses don't gamble. No wonder why people feel cheated.

Also because he gambles large amounts himself he has first-hand (or rather zeroth hand) knowledge about when to invest or divest, i.e. can react the fastest. It's like insider trading.
1054  Other / Off-topic / Re: Image Wars on: October 01, 2013, 01:55:53 PM




 Tongue
1055  Local / Deutsch (German) / Re: Schweizer Abgeordeter beantragt Bitcoinverbot on: October 01, 2013, 01:54:20 PM
welches Land ohne Sünde ist, werfe die erste Atombombe, nich wahr
1056  Bitcoin / Bitcoin Discussion / Re: What is all this computing power used for? on: October 01, 2013, 11:15:24 AM
This is a good question.  Primecoin finds prime numbers....

What does bitcoin do though?  You cannot tell me that all that power is just going up in smoke....

then why do you think we expend a lot of energy and fuel to dig gold out of the ground? is it necessary?

you can see mining like finding serial numbers for Bitcoins (although that is technically not entirely accurate, but may be a good short comparison or explanation for newcomers) in order to limit the money supply in order to make bitcoins valuable.

Primecoin is a nice experiment, but it's yet unproven if those chains of prime numbers provide any additional value.

I agree energy expenditure required by proof-of-work is not the nicest thing about Bitcoin, but the only alternatives known so far to reach consensus in a decentralized system are proof-of-stake and a web of trust. Both have other problems.

In theory, a centralized digital currency and transaction system would require only a database and could be much more energy efficient, but I'm not so sure in practice when I look at the big banks and all their COBOL crap they're still running on inefficient, legacy mainframes in giant data centers.
1057  Alternate cryptocurrencies / Altcoin Discussion / Re: Which altcoins pay interest? on: October 01, 2013, 10:51:33 AM
TANSTAAFL

/thread
1058  Local / Presse / Re: Ausgespart – Sparkasse Ulm kann Zinsversprechen nicht einhalten on: October 01, 2013, 10:47:45 AM
TANSTAAFL etc
1059  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Ripple has failed. on: October 01, 2013, 08:39:23 AM
right, I believe that's what Ripple's gonna do.

American Granny has a PayPal account, logs in as usual and sends money to an email address grandson@in-australia.org

She doesn't know or need to know that grandson doesn't even have a PayPal account. Grandson has a MtGox account however. Ripple does all the magic inbetween.

1060  Economy / Economics / Re: So... is there any country left without a real estate bubble? on: September 30, 2013, 07:41:29 PM
I think the north pole don't have a real estate bubble. I am not sure if Germany have any land in the north pole.

No, but at the South Pole, apparently.   Shocked
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