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1321  Bitcoin / Bitcoin Discussion / Re: Szabo just tweeted this on: August 21, 2015, 05:01:06 AM
He has never publicly signed anything.. so you will never EVER see a signed msg from him! why can't people get that though their head?
What about this? This says its Satoshi Nakamoto's PGP Key.
https://github.com/bitcoin-dot-org/bitcoin.org/commit/19e0c74df2162d4510db5df9e50d5ac53b38c498
oh wow.. this is new to me
Yeah, it comes from the bitcoin.org Github, so it seems somewhat creditable.
I don't actually know where it originally came from though.
Maybe from an early Bitcoin release, like v 0.1.0, or something.
1322  Bitcoin / Bitcoin Discussion / Re: Szabo just tweeted this on: August 21, 2015, 04:54:24 AM
He has never publicly signed anything.. so you will never EVER see a signed msg from him! why can't people get that though their head?
What about this? This says its Satoshi Nakamoto's PGP Key.
https://github.com/bitcoin-dot-org/bitcoin.org/commit/19e0c74df2162d4510db5df9e50d5ac53b38c498
1323  Bitcoin / Bitcoin Discussion / Re: Szabo just tweeted this on: August 21, 2015, 04:17:32 AM
It's a fallacy to think that bitcoin will centralized to the point it will be controllable by a single entity just because it scales. I mean, how can it be more centralized than having 8 mining pools providing 75% of the total hashrate?

Do you think internet is decentralized? Because it is and does anybody have the capacity to run an ISP? No. Only big companies does but noone controls the internet.

My point is, if it truly becomes the system of our dreams, where everyone uses it for everything,
wouldn't the government co-op it under National Security interests and mandate total control in ways unknowable now?

I'm not concerned about non-governmental centralization, only the centralization that can effect an individuals rights.

The internet is not controlled by anyone, but it can be shut off in many countries during emergencies or "other", including the USA.

Which government will control bitcoin? US? China? Russia? France?
Well it all comes down to, who wants the most economic control?
If you can control this system (when it or if it becomes full mainstream), you can control the world, ultimately.
A new era of economic control over humanity can come into existence, if governments take actual control to the system.

I assume the USA would attempt control, China Gov doesn't really trust or understand it, or pretend they don't.
There may be mandated Government Transfer Nodes that all nodes must pass tx through, in the USA, I don't know.
If your Node or company Node does not pass the data, that Node is considered illegal and will be raided under new laws.

I see it like this... Coinbase, Bitpay, all those companies must conform to regulations and laws within their respective countries.
They are based on bitcoin and sell/trade/etc bitcoin, but they must conform to the laws.
But Bitcoin/bitcoin is outside all of that, currently. It can not conform nor be controlled in its current state.

We can not allow Bitcoin/bitcoin to be regulated or changed to allow it to be conformed into a normal company and be governed by laws.


And I ask again, Is it really possible to have our cake and eat it too? I don't know, I have no technical background.
1324  Bitcoin / Bitcoin Discussion / Re: Szabo just tweeted this on: August 21, 2015, 03:58:38 AM
This is basically it right here:

Quote
[XT Supporters] believe that Bitcoin should be able to handle all the transactions on planet earth, from everyone’s daily coffee purchase, to everyone’s house purchase, to how Google cars should be paid for their services.  On the other hand, you have those who believe Bitcoin’s core value is the fact that it is a hedge against fiat currencies, and by extension, governments (in the case they decide to infringe upon your liberties).  Bitcoin CANNOT be both. It’s just not possible.

The above is the real argument, everything else is FUD and just craziness.

Do we want it to handle all world daily transactions,
or do we want protection from current monetary systems and government involvement?


It is absolutely possible. Impossible is a very bold word. Solving the byzantine generals problem was once considered impossible btw.

I'm no expert, I'm far from it. I'm actually a noob.
But how could it reasonably be possible to be both?
The more mainstream it gets, in theory, it should be easier for the governments to exert control over it.
The only reason Bitcoin/bitcoin has survived is, I believe, governments can't actually control a decentralized system.
Who owns it? Who runs it? Where is it maintained?
Because of that, governments have left it alone. Legally, it is hard to control.

So, if it did get gigantic (say 200 million users each with 3-4 daily txs each) how can it also remain immune to gov control?
How can we have our cake and eat it too?


It's a fallacy to think that bitcoin will centralized to the point it will be controllable by a single entity just because it scales. I mean, how can it be more centralized than having 8 mining pools providing 75% of the total hashrate?

Do you think internet is decentralized? Because it is and does anybody have the capacity to run an ISP? No. Only big companies does but noone controls the internet.

My point is, if it truly becomes the system of our dreams, where everyone uses it for everything,
wouldn't the government co-op it under National Security interests and mandate total control in ways unknowable now?

I'm not concerned about non-governmental centralization, only the centralization that can effect an individuals rights.

The internet is not controlled by anyone, but it can be shut off in many countries during emergencies or "other", including the USA.
1325  Bitcoin / Bitcoin Discussion / Re: Szabo just tweeted this on: August 21, 2015, 03:35:06 AM
This is basically it right here:

Quote
[XT Supporters] believe that Bitcoin should be able to handle all the transactions on planet earth, from everyone’s daily coffee purchase, to everyone’s house purchase, to how Google cars should be paid for their services.  On the other hand, you have those who believe Bitcoin’s core value is the fact that it is a hedge against fiat currencies, and by extension, governments (in the case they decide to infringe upon your liberties).  Bitcoin CANNOT be both. It’s just not possible.

The above is the real argument, everything else is FUD and just craziness.

Do we want it to handle all world daily transactions,
or do we want protection from current monetary systems and government involvement?


It is absolutely possible. Impossible is a very bold word. Solving the byzantine generals problem was once considered impossible btw.

I'm no expert, I'm far from it. I'm actually a noob.
But how could it reasonably be possible to be both?
The more mainstream it gets, in theory, it should be easier for the governments to exert control over it.
The only reason Bitcoin/bitcoin has survived is, I believe, governments can't actually control a decentralized system.
Who owns it? Who runs it? Where is it maintained?
Because of that, governments have left it alone. Legally, it is hard to control.

So, if it did get gigantic (say 200 million users each with 3-4 daily txs each) how can it also remain immune to gov control?
How can we have our cake and eat it too?
1326  Bitcoin / Bitcoin Discussion / Re: Szabo just tweeted this on: August 21, 2015, 03:23:51 AM
This is basically it right here:

Quote
[XT Supporters] believe that Bitcoin should be able to handle all the transactions on planet earth, from everyone’s daily coffee purchase, to everyone’s house purchase, to how Google cars should be paid for their services.  On the other hand, you have those who believe Bitcoin’s core value is the fact that it is a hedge against fiat currencies, and by extension, governments (in the case they decide to infringe upon your liberties).  Bitcoin CANNOT be both. It’s just not possible.

The above is the real argument, everything else is FUD and just craziness.

Do we want it to handle all world daily transactions,
or do we want protection from current monetary systems and government involvement?
1327  Other / Off-topic / Re: The biggest XT shills and their true motives on: August 21, 2015, 03:09:40 AM

Great find! I am reading it now. Thanks.
1328  Alternate cryptocurrencies / Altcoin Discussion / Re: Any altcoins with 8mB blocksize limit out there ? on: August 21, 2015, 01:39:36 AM
All in title.
I am wondering if there is any alt-coin with 8mb block-size limit that we can run tests on ,
to get some ideas about what we are running to if we increase the block-size limit in bitcoin .
 Huh Huh


This is a silly question because there's no reason for any altcoin to have blocks even 1/10th the size of bitcoin. Take litecoin for example. Many blocks, if not most blocks have zero transactions other than the coinbase. Block sizes are 2-10KB. LTC has <1% the number of transactions /min of BTC. LTC could have 100MB blocks and it would make no difference - there's not enough volume of transactions to come close to filling blocks whether large or small.

I believe, but not 100%, Litecoin has a 4mb block size currently.
It was originally programmed that way, not implemented later.

Edit: But yes, Litecoin's daily txs combined are not even more than 200kb.
1329  Bitcoin / Bitcoin Discussion / Re: Insider's story on Asicminer's debacle(2013-2015, in Chinese) on: August 19, 2015, 05:33:20 AM
This is my favorite part of the translation:

Quote
Internal and external, keep on fighting, defeated, unusually cold this winter, the most unlikely of grilled foot of the cat lost contact.

But seriously, google translate is usually decent, but this time seemed a little off.  Roll Eyes
1330  Economy / Digital goods / Re: [WTB] Your BTC with Any Giftcards (Discounts Available) on: August 19, 2015, 03:36:58 AM
Started buying your BTC again with Gift Cards I purchase based on your request.

All cards are bought with cash and receipts are available if requested.

Please pm for a quicker response.
1331  Bitcoin / Bitcoin Discussion / Re: Is the fees argument counter productive? on: August 18, 2015, 07:08:13 PM
...
...
In our case, let's assume we will have 100 MB blocks tomorrow. Why would you pay a fee? Fees would be 0.

Even if the block cap was raised to 100MB, the miners could still cap their individual block sizes down to 1MB.
Raising the cap allows the miners to have a choice to add more tx (and assuming with fees) when they want to or in times of need.

In theory, even if we raised the 1MB cap, miners could all agree to cap their blocks to 1MB forever anyway.
That is my understanding at least.
1332  Other / Beginners & Help / Re: Help on: August 18, 2015, 01:07:24 AM
Grin hello i am requesting help in locating my wallet address that is needed to set up my account for bitcoins.

You need to be more specific.
Where are you setting up an account?
1333  Bitcoin / Bitcoin Discussion / Re: Bitcoin 21 mil limit directly tied with block limit why change ? on: August 18, 2015, 12:09:02 AM
Before now bouth arbitrary numbers 21 mil bitcoints and 1MB block size had fixed values
That is not correct. The 1MB block size limit was added in late 2010. Previously it was much larger.

It was larger but it was a fixed value and the change was possible because there was no transaction fee market yet

32mb was the original amount and the change to 1mb was to prevent a potential spam attack while the system was still in its infancy.
1334  Bitcoin / Bitcoin Discussion / Re: The Real Problem isn't XT... on: August 17, 2015, 09:53:22 PM
...
Regardless, I really don't understand why people care what he would think anyhow.

He is the only person that when voicing his opinion in this matter, could actually be considered unbiased,
since he was the creator and in theory would make the best choice for Bitcoin/bitcoin, and not for himself.

His decision in this matter, if 100% verified to be him, would end the debate immediately, IMO.

But, as I have said many times, I believe he is no longer living as well.


Stupid, Satoshi does not give bitcoin value. Ppl utilize it gives it value . in other words if the economic majority of bitcoin has to take words of an authoritive figure they should drop bitcoin and go back to fiat.

Shocking that so less ppl on this forum actilually understand the fundamental bitcoin.

Stupid, did I say Satoshi gave bitcoin its value? I didn't say anything, that you are saying I said.
Are you drunk or just a troll? Maybe you are a bot.
Shocking that so many people talk in txt speak or spell incorrectly as common practice, on this forum.
1335  Bitcoin / Bitcoin Discussion / Re: The Real Problem isn't XT... on: August 17, 2015, 07:50:40 PM
...
Regardless, I really don't understand why people care what he would think anyhow.

He is the only person that when voicing his opinion in this matter, could actually be considered unbiased,
since he was the creator and in theory would make the best choice for Bitcoin/bitcoin, and not for himself.

His decision in this matter, if 100% verified to be him, would end the debate immediately, IMO.

But, as I have said many times, I believe he is no longer living as well.


One man should never have that much power.

Satoshi comes off as a brilliant man, women or group.  They will never return, their opinion is now regarded as gods opinion.. such power is bad.

Satoshi created bitcoin for the people, Satoshi can no longer be involved, Bitcoin cannot have one person/group that decides it's future.
I agree with you. I was just responding to DannyHamilton's statement.
Many users would want this whole situation to be resolved amicability and for the good of the system,
but only Satoshi's single word could actually do that.
Since that is very likely not to happen for many different reasons, including what you stated above,
we are all going to spin in circles until something bad happens.

1336  Bitcoin / Bitcoin Discussion / Re: The Real Problem isn't XT... on: August 17, 2015, 07:29:31 PM
...
Regardless, I really don't understand why people care what he would think anyhow.

He is the only person that when voicing his opinion in this matter, could actually be considered unbiased,
since he was the creator and in theory would make the best choice for Bitcoin/bitcoin, and not for himself.

His decision in this matter, if 100% verified to be him, would end the debate immediately, IMO.

But, as I have said many times, I believe he is no longer living as well.
1337  Bitcoin / Bitcoin Discussion / Re: Core developers: we want bigger blocks on: August 17, 2015, 05:01:55 AM
I don't want bigger blocks. The consensus does not want bigger blocks.

As block rewards drop to zero transaction fees will be the only thing left to pay miners to secure and run the network. Increasing block size jeopardizes this important mechanism.

That's 100 years away. If bitcoin is still a thing in 100 years, transaction fees for a block would probably worth more than a block reward today.

That was my understanding and I assumed everyone's understanding.
In theory, if everything goes according to original concept,
when fees need to take over, btc value should easily cover all mining costs.
It is pure speculation, we can't imagine what will be cost of a bitcoin in the future. And in case of prediction future linked to a computers and technology people are very bad.
Only 20 years ago we did not even dream of computers we have today. Same goes with cryptocurrency and its tech.
Satoshi's speculation is what created Bitcoin/bitcoin and it is ours that gives it its value.

So you are saying that Bitcoin has failed based on the whitepaper so soon,
and we need to manipulate a fixed market (fee market) to give higher fees to the miners immediately,
and the miners aren't requesting a fixed market or a raise in fees yet?

I understand this conversation in the future, say 10-20 years maybe, but now?
1338  Bitcoin / Bitcoin Discussion / Re: Core developers: we want bigger blocks on: August 17, 2015, 04:45:11 AM
I don't want bigger blocks. The consensus does not want bigger blocks.

As block rewards drop to zero transaction fees will be the only thing left to pay miners to secure and run the network. Increasing block size jeopardizes this important mechanism.

That's 100 years away. If bitcoin is still a thing in 100 years, transaction fees for a block would probably worth more than a block reward today.

That was my understanding and I assumed everyone's understanding.
In theory, if everything goes according to original concept,
when fees need to take over, btc value should easily cover all mining costs.
1339  Economy / Exchanges / Re: Local bitcoins is a toxic environment on: August 17, 2015, 03:26:43 AM
Selling Bitcoin to victims of ransomware is 100% illegal and I am certain about that. It's enough to land you in prison for money laundering.
Wow. That's an angle i'd never really considered. Are there actual precedents for that?

Can you provide me a link or anything to this being an actual law on the books?
This is important information if true.
I'm not a trader on localbitcoins, but would I be obligated to ask what the bitcoins will be used for, before selling?

Edits: corrected typos
1340  Bitcoin / Bitcoin Discussion / Re: A simple poll: The future of Bitcoin block size on: August 16, 2015, 05:10:50 AM
It's not so black and white. I would rather vote for something in between.

I'm all for somewhat increasing the block size, but way WAY more important than increasing or not (or how much) is that we maintain consensus.

A fork (or discrepancy between XT and Core) is MUCH WORSE than either solution.

So, no, I won't vote.

I will also not vote in this poll since I want the middle choice, as well.
The question currently is to vote on whether not to change or for extreme change. Both are equally undesirable.

I want to protect the current bitcoin economy and the systems that are built upon it,
but I also want evolution that will prevent potential monopolies, no matter where they come from.

EDIT: Sorry. I didn't read your last statement about not commenting unless your a veteran.
          I only commented because I want the third choice.

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