Incidently:
http://forum.bitcoin.org/index.php?action=printpage;topic=21524.0
So it's not like someone hasn't been deliberating working towards this shit.

You gonna substantiate that or is this forum literally going to be a witchhunt of "WELL THIS GUY DOESN'T AGREE WITH ME I GUESS HE MUST BE A TROLL" while everyone else stands around the pyre with pitchforks and torches screaming "TROLL TROLL TROLL".

Becuase its this kinda shit that got these very forums taken off the bitcoin website, but whatever.

It should be noted that the republican answer to the debt crisis is "CUT EVERYTHING", which essentially mean that anyone on social security, medicaid/medicare or food stamps would be fucked over and possibly die.

See what the hell this is? Do you? Some idiotic fucker has developed a virus which does nothing but run copies of the bitcoin mining client to generate coins for the viruses creator. This kind of moronic shit is going to get bitcoin a really fucking bad reputation exceedingly quickly, especially with security companies (who would then be liable to automatically block any bitcoin client from running on the machine since it's suspect malicious software). Especially if it gets bitcoin classed as a botnet operation because then you get a whole load of countries cyber-defence agencies involved, which is going to kill the project dead.

I don't expect it's anyone here but if it is cut that shit out now, before you ruin this for fucking everyone.

As I've said before, the enemy of bitcoin is it's own community. People won't want to use bitcoin if they only remember that the people who most obviously use it are the ultraright-wing, libertarian, anarchist conspiracy theorists. This is why I assume they've taken this forum off the front page. Bitcoin isn't going to succeed if people look at it and go "hey isn't that that internet money that only crazy people use?".

I should note that not everyone who uses bitcoin fits that criteria but they're really the only people notable enough to be memorable.

Would you still be singing this tune when you are unable to unload your gold to anyone, resulting in your company going bust because everything that the company needs to run is paid for in dollars?

You do realise the letter that this entire thing comes from was photoshopped to show a teacher in bad light, correct?

Bitcoins are only 100% secure up to the point you use them, once you try and use them they're open to all sorts of security flaws that aren't any fault of bitcoins but a fault of the system.

These laws are in place to stop unscrupulous dealers and suchlike but this is just gross mis-application of them, goddamn.

From their site I'm really failing to see anything that hasn't been proposed or done by another company before. Even their fancy spaceplane ideas NASA worked on for years before they cancelled the project due to cuts.

http://en.wikipedia.org/wiki/XCOR_Aerospace
http://www.xcor.com/products/index.html

No, I'm not.

In addition, looking at their engines now, all of them are fucking laughable, using low energy density fuels with relatively terrible oxidisers from a rocket point of view (N20 for example) This guy says he's the fucking pinnacle of rocket technology but looking at their company now it's all bluster and lies.

No, but going "OH YOU DISAGREE WITH ME HUH? YOU'RE A TROLL AND THEREFORE BANNED" is.

So don't let it descend to that, tia.

If you are asked to turn over the key to a safe as part of a warrant you are obliged to do it. The USA governments and caughts treat an encryption key exactly the same as a key to a safe.

Rockets need almost none of the same parts or fuels that a jet airliner needs, or even the same fuel. The reason rockets are difficult to make and are expensive is because of the exotic materials generally needed and the fact that rockets need a thrust to weight ratio of greater than one while carrying their own oxidising agents (for reference, even the most powerful commercial airliners have thrust to weight ratios of less than 0.4, if memory serves, relying on lift to gain altitude, something rockets physically can't do due to air thinning). This means for every kilo of fuel you're gonna need a kilo of oxidiser, essentially, which greatly reduces the fuel efficiency of rocket engines since to achieve the maximum energy output of any particular kilo of fuel it needs to carry another kilo of oxidiser with it.

Saying rockets use aluminium like everything else is also somewhat a lie since currently rockets only use aluminium becuase they are not designed to survive re-entry. If you look at any of the rockets actually designed to survive re-entry such as the return pod of a soyuz or the space shuttle you'd notice they're covered in a whole fuck ton of heat resistant composites, metals, and other fancy materials to survive the intense frictional heating. This is again pretty much why governments are wary about putting people into space. If those tiles get damaged its game over, since spacecraft are generally fail deadly due to the extreme conditions they need to endure, unlike aircraft which have been known to fly with 3 engines missing and holes in the fuselage to no ill effect other than passenger hysteria.

As for the whole "well aircraft don't cost lots of money because they're multiple use!!" that's because there is absolutely no workable single stage to orbit rocket at the moment. It'd be nice if we could jump in a rocket, fly to the moon and back without needing to shed dead weight such as empty fuel tanks but sadly no one has figured out how to. The space shuttle was specifically designed to try and be reusable as possible but still needed SRBs and an external fuel tank, both of which it has to shed during the flight in order to get into space. Rockets have to shed dead weight or as they are now they physically cannot get high enough into space to do anything. It's also completely wrong. Per unit, the Delta IV rocket costs almost half as much as an airbus A380, which is unsurprisingly because they are single use, whereas planes aren't. Hell, even the space shuttle only costs marginally more per launch than an airbus A380 costs to build.

Also for what its worth, his claims about "his private space company has reached pinnacles in safe, sound and efficient rocket-based aircraft" is kind of bogus when you consider that currently that consists of two rocket engines strapped to a commercially bought propeller powered aircraft, and the rocket plane that they have actually built can only reach approximate 70km up, which is far too low for any useful payload such as satalites or otherwise. The successor to that craft is apparantly going to be able to reach orbit! but sadly it's going to be two stage, which defeats the entire purpose of a rocket plane. His company also has one contract from NASA to design a rocket engine for a return stage from mars, something congress is never going to let happen with the US's national debt as it is now

I hate to break it to you but somethingawful has been trolling this forum for ages now, causing enough disruption for that awful market crash back in june.

Also if you're gonna start a troll witchhunt you're going to alienate a lot of innocent people, just so you know.

The fact that people like you are advcating for flat taxes are why the US is in massive debt with some of the lowest tax rates in the world (that are still apparantly "too high" despite repeated cuts). If people don't want to support a country they live in they can fuck the hell off and live in whatever third world shithole they want.

You can mine and spend bitcoins on smartphones and PDAs right now, its just that it reduces the battery life to less than ten minutes due to thrashing the cpu at 100% trying to outdo deepbit.

PoS bitcoin transactions are never going to happen because of the inherent risk in them becuase of the time delay in getting a transaction autherised. I don't want to buy something and have to sit around in the store for 10 minutes waiting for the next block to get mined.

The minimum wage is in place so that people can earn enough money from a standard 40 hour/week job to have a basic standard of living.

I would advise you to give a point by point refutation of why the points made in the article aren't valid and not to just dismiss things out of hand becuase you say it's "propaganda".

I'm just speculating here, but it seems perfectly possible that if mtgox rolled the money back (and essentially produced fiat money out of mid air) they might not actually have enough money left to cover their debts and hence not pay everyone back?