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2201  Bitcoin / Bitcoin Discussion / Re: Promotion: National Radio Show Interview about Bitcoin on: December 02, 2010, 01:55:27 PM
Mention my story:

I was donated 0.5 bitcoins then turned it to 100 bitcoins playing poker Smiley
2202  Other / Off-topic / Re: Libertarians/Anarchists Answer Me This on: December 02, 2010, 01:50:47 PM
One thing that is important to make clear: free markets push to the best optimization in resource usage, balancing people demands and the scarcity of resources.

Free markets do not push to the most optimal resource allocation possible (aka "global optimum").

They simply push to a point in resource allocation space where no further opimisation by incremental change is possible (aka "local optimum").

In the real world the nature of resources and demand is changing all the time, so the market jumps from one local optimum to the next.


This property of free markets can be illustrated in a very simple economy:

Two identical ice cream vendors on a 1km long beach with a uniform density of customers.

There are only two variables in resource optimisation space: The position (x) of each ice cream vendor. The further away a customer is lying from a vendor, the less likely she is to make the trip to buy the ice cream.

The most optimal resource allocation would be if the ice cream vendors were evenly spread out (something like x1 = 333m and x2 =666m).

But in a free market, where the ice cream vendors compete against each other, this configuration is unstable. They would gradually migrate towards the middle of the beach (grabbing each other's customers) until the free market equilibrium is reached where x1 = 500m and x2= 500m.  This equilibrium is globally suboptimal.



This makes sense- that markets move towards peaks. This suggests that valleys pose a serious problem to the evolution of markets. Especially since evolution in nature doesn't only change incrementally (there's other selection processes which produce many forms very rapidly).

Can you explain why the vendors shift from a uniform to a normal distribution? What strategy causes this?

Would like to chat more with you and discuss ideas if you're on IRC or email.
2203  Other / Off-topic / Re: Libertarians/Anarchists Answer Me This on: December 02, 2010, 01:46:50 PM
Good ideas so far- thanks.

Quote
This is a non-issue. People self-interest will make them look for immunization. Private health insurances could require them as well. People wouldn't do it only when the immunization benefits don't outcome the costs (say, a very expensive vaccine for a disease not that dangerous..)

Immunisation is a loss for the individual. For the group it is a gain. This is not a hard concept.

Example:
Voting is -EV (negative expected value). I have to waste time, effort, energy... And my vote has nearly 0 effect.
However the cumulative effect of a whole population voting is a gain for everyone together (from the viewpoint of getting people to vote).

In that same way, immunisation for an individual is useless unless a critical mass of the population also immunises themselves at the same time. For me it's a slightly -EV choice. For everyone together, it's massively +EV.
2204  Other / Off-topic / Libertarians/Anarchists Answer Me This on: December 02, 2010, 07:16:09 AM
Hey,

I have no feelings against any type of politics (except mild+ authoritarianist governments). In principle I really like the idea of personal freedom- everyone can do whatever they want as long as it doesn't affect me. However everyone is not a separate island and we do all affect each other. I'm going to illustrate with 3 examples:

In the UK seatbelts are mandatory otherwise you get a fine. All cars come equipped with seatbelts. I love seatbelts since they significantly reduce the risk to my life by many orders of magnitude. In Iran not many people wear seatbelts. Often many cars just don't have them. So if I want to take a taxi then I can only have the choice to risk the taxi or not take it. Add to this that road laws are virtually non-existant and
cars just swamp the roads (meaning road accidents are super high). My life is endangered by someone else having their freedom.

In the UK it is illegal to smoke indoors. Otherwise I would be the single person in a group that boycotts places which allow indoor smoking. Either my life is endangered through risk to my health by someone else having their freedom, or I am a lonely person. As someone with bad asthma, it's killing when in other poorer countries people smoke everywhere and I can hardly breathe.

Immunisation only works once a majority of the population has been vaccinated. Vaccination does not prevent you getting an illness- only makes it less likely. In this way the disease is less likely to transfer across to another person and it's more difficult to spread. So difficult that it disappears. However for the individual, it's not worth the cost. And for immunisation to be effective, it needs mass mobilisation. Who would organise a state-wide immunisation campaign for a net loss?

Thanks. Looking forward to feedback.
2205  Other / Off-topic / 7 Dec Bank Run on: November 26, 2010, 05:58:20 PM

http://www.bbc.co.uk/news/magazine-11811238
2206  Other / Off-topic / Re: Facebook set to dominate micro-payments? on: November 17, 2010, 01:46:34 PM
I have some friends working on free(dom) federated social networking software

http://n-1.cc/
2207  Bitcoin / Bitcoin Discussion / Re: The State vs. Bitcoin on: November 12, 2010, 02:32:03 PM
grains of sand on the earth.
planets in the our galaxy
seconds in the lifetime of the universe/earth
number of people who ever lived.
2208  Bitcoin / Project Development / Re: Wikileaks contact info? on: November 11, 2010, 01:11:05 AM
I was thinking about this overnight, Wikileaks has in-house cryptology and security experts; they could do an audit on the Bitcoin security and we could donate bitcon to pay for it… scratch my back and I’ll scratch yours.
I don’t know about the feasibility, but on the surface it sounds like it would be beneficial to both wikileaks and bitcoin.

I love this idea. Know that Julian Assange (the founder and head of Wikileaks) was a former Free Software programmer and wrote lots of cryptographic tools. He is very knowledgeable in this area himself and will understand Bitcoin technically.
2209  Bitcoin / Project Development / Wikileaks contact info? on: November 10, 2010, 12:49:16 PM
Hey,

I wanted to send a letter to Wikileaks about Bitcoin since unfortunately they've had several incidents where their funds have been seized in the past.
http://wikileaks.org/media/support.html

Anyone know where to send a message to them?
2210  Other / Off-topic / Re: Useless intellectual work on: November 06, 2010, 04:53:13 AM
It would be a massive accomplishment to have a human settlement on Mars. The boon to science and living standards would be incredible from the challenges that need to be solved. Suddenly we'd be abundant in rare resources- everyone on Earth would be rich from Mars-Earth trade. It's the new frontier of exploration.

And it's not a flag on the surface exercise. Any mission to Mars would require people staying on the surface a minimum of 6 months as the window to fly back to Earth does not happen often. In fact many (Buzz Aldrin included) argue it should be a one-way mission.

I'm not sure how you can argue against "Useless intellectual work", when the internet you're using is a product of that. A society needs to support it's artisans and thinkers to have a healthy vibrant culture. The single movers among the thousand sheep make the payoff worth it.
2211  Other / Off-topic / Re: Useless intellectual work on: November 06, 2010, 12:02:31 AM
I assure you it's not propaganda- it's quite possible given our current technology. Mars Direct would place the first habitating humans on Mars for the cost of $55 billion over 10 years. NASA's current budget is $13 billion and luckily they've now set Mars by mid 2030 in their scope.

Unlike the Moon, Mars has an atmosphere which you use to create rocket fuel and oxygen, water, minerals for plastics and metals, earth-like day of 24 hours and 0 deg celsius at the tropics (higher deep in canyons!). It's truly the next step and well within our grasp.

$10 billion / year is a drop in the ocean compared to the annual war budget of $650 billion (plain disgusting), so it's sad to see you attack science that's helping us spread forth to other worlds and expanding out as a race. Stay on Earth and our resources will run dry. We attack our neighbours for what limited resources there are because we will see them as competitors for survival- a rascist world compared to the resource abundant one where humanity is global brotherhood pooling our brains to come up with new creative solutions.

An asteroid hits the Earth and we all die out. Nice while it lasted.
2212  Bitcoin / Project Development / Re: Letter to TDF (LibreOffice) on: November 05, 2010, 10:46:16 PM
lolzoracle-aments. dumbasses :p
2213  Economy / Economics / Re: Is Deflation Necessarily Bad? on: November 04, 2010, 08:46:02 PM
I just read all of that but wanted to make a new post to address my specific point about people being able to build up large bases of capital to make worthwhile investments.

1 Good investment vs 1000000x shitty ones
2214  Economy / Economics / Is Deflation Necessarily Bad? on: November 04, 2010, 08:27:49 PM
When I first discovered Bitcoin, my reaction was "Ohhh, deflation. Bad.". Having thought about this, is that really the case?

Sure inflation encourages spending, but mostly the willy nilly impulsive consumerism. If people were encouraged to save, then people would have large amounts of capital to spend on larger worthwhile projects.

And people always need to pay for *something*. Trade still continues. Micropayments for insignificant amounts aren't stopped because Person X's currency is slightly deflationary rather than inflationary.

Can anyone correct me if I'm wrong? This is a biased place to ask but what the hell Smiley
2215  Bitcoin / Bitcoin Discussion / Alternative svg New Logo ;D on: November 03, 2010, 06:39:55 PM
I used to be a graphics designer and spent some days making these. You can say they're shit if you think so- I don't take criticism personally.


Smaller versions:



what do you reckon
2216  Other / Off-topic / Re: Useless intellectual work on: November 03, 2010, 05:23:00 PM
Vi ne pravas. Legu (aŭ vidu) Robert Zubrin, http://www.youtube.com/watch?v=4-XKNK2Eja0
Luno ne estas viva planedo, tamen Marso povas vivteni homaron.

Ni ne revenis al Luno pro politikistoj, kiuj preferas spezi monon por militoj
2217  Bitcoin / Bitcoin Discussion / Re: More Bitcoin logos, buttons, and also some graphics for Mt.Gox and BitcoinMedia on: November 02, 2010, 03:50:17 PM
What license are you releasing them under ?

Hi mate, I am releasing them under CC - Attribution Share Alike.

Release it under no-attribution. If I'm making a website then I don't want to also have to include your name.

In fact release it under a license which allows commercial changes to the images.
2218  Other / Off-topic / Re: Useless intellectual work on: November 01, 2010, 07:45:53 PM
Jes. Ni devas etendi trans al aliaj mundoj. Vojaĝoj al la Luno kondukas nin al Marso. Espere iam ni loĝos sur Marso Smiley Ni bezonas tion por nia viveco. Aŭ ni uzos tuta da resursoj kaj mankos se etendiĝos ni mem al la steloj.
2219  Other / Off-topic / Re: Useless intellectual work on: November 01, 2010, 02:06:14 PM
Eble. Studisto kiu studas por la diplomo kaj la mono, pli ofte studas temojn kiel inĝeniero, kemio kaj IT .ktp Tamen aliaj studas astronomion, matematikon kaj zoologio ne pro la mono. Tiuj laboroj ne havas grandan pagintaĵon. Ne ĝeneraligu!

Ankaŭ mi kontraŭiĝas sciencon por la komeroj. Scienco similas al arto. Sendube vojaĝo al la luno estas pli bone la aferon kiun homaro faris.
2220  Economy / Digital goods / Re: Poker Stars USD for Bitcoin ($.125/BTC) on: November 01, 2010, 02:29:37 AM
Current offer (10/27): I buy Bitcoins with my Poker Stars at a rate of $.13/BTC, up to $200 for now. $5 minimum.  Grin Grin We trade in parts.
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