You say it creates jobs, but at the same time, by not paying taxes those people destroy jobs. In fact, they destroy a little of everything that is paid with taxes. Roads, education, etc. Perhaps every job that only exists because people are forced to fund it at gunpoint instead of being created by voluntary trade deserves to be destroyed, the sooner the better. That's not how society would survive. If you had it your way there would be no things like computers because noone would pay for education. So it's pretty ironic that you write a protest against how society is organized by using some of the newest and most advanced technologies this society has produced. Think carefully of what you whish destroyed. The assumption being that government is needed for a decent education system. A belief that has been inculcated by... a government run education system. Dude, you're apparently clueless as to why out world works. Education is institutionalized by the government because otherwise most people would have never gotten an education. Look at how things were before we had an educational system and look at countries where the educational system is not effective. You can see a big negative economic impact. The point of organizing it centrally is that otherwise you would never get to a point where most people were educated enough to support the whole economy. Guess what, the US department of education opened shop in 1980. Are you saying that the quality of education has increased since then? Yes, you need some centralized system to pay your teachers and maintain your buildings, equipment, etc. No, it doesn't have to be run from 500 miles away. |
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I'd just like to take this opportunity to give props to Gavin Andresen on his warnings about GLBSE back in the days of the bitcoin show.
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The title probably already gave it away but I think we're all thinking this. You know how quite a large number of BTC transactions involve illegal stuff? Don't you wish you could damage those guys' business or basically take their money?
Let me try to follow the logic. Maybe you believe that anything illegal anywhere is therefore bad, because after all somebody said it was bad and you don't bother to think so you just believe. Also you might believe that hurting others will make your own troubles go away, perhaps somebody did that to you and why not follow the example, saves thinking. Am I close? |
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There's always the good old "Theft of power" and "Theft of services"
Private keys are clearly not "intellectual property" of any kind though.
Is this a genuine anti-IPR position, or is it something that just occurred to you now? Is there such a thing as "theft of power"? Wouldn't that be just revolution? I don't understand your reference to "theft of service". What does that mean? Is it possible to steal a service? Wouldn't that just mean enslaving the service provider and so have no relevance to bitcoin private keys? Aren't there any anti-IPR pro-bitcoin libertarians here willing to tackle this issue? Seems thorny enough to me. What issue exactly? Do you mean the question of whether it's OK for you to pick up a $100 bill that I leave on the floor? I'm not sure there's anything new here, but that doesn't mean there aren't issues to debate about property rights. |
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Note that the govt. pays for prosecution costs as well.
If they didn't use public funds for threatening you then this wouldn't be under discussion.. so the primary argument here should be about who pays for prosecution and defense and public defender issues are secondary.
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Just my personal experience here in case any devs are interested. I have given up regularly running a bitcoin node  I like to turn computers off at night or when I'm not using them much. It currently takes too long when I turn them on the next day to process all the last blocks, I'd rather be able to turn a computer on and then in a reasonable amount of time send and receive (confirm receipt of) coins. Obviously, for these tasks an online wallet + offline storage is a better solution for me than running a node. I'm not sure what this means for the network, but for me it is not the disk space that is the problem but the block verification time which causes the problem. |
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Watching development here in the keypair generation space.
I want these things to be disposable after use for maximum security.
maximum security would be open code...not necessarily your being able to trash the device  I am worried about electronic traces of previous key generation being detectable. Hardware backdoors could save the keys in memory. Keyloggers, etc., could keep some trace of the keys. If the device could be made cheaply enough and destroyed, it would provide that much more peace of mind. For this reason I don't even like to use an external printer for paper wallets, but write keys down by hand. Obviously, this is not a scalable solution. I'm wondering, has anybody destroyed any items for security? I would imagine that Casascius' trash might have some people going through it... |
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Watching development here in the keypair generation space.
I want these things to be disposable after use for maximum security.
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Thank you EFF.
At this point in the adoption curve we are all better off with a slower growth. Right?
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Airstotle eh, can you give more info on this reference? Thanks |
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What's the big deal man, you don't know anyone who died?
I know several people who died and every time it happens guess what: life goes on. Look around.
What makes you think it will be different for you?
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I just believe that (waves hands in the air) "cost to society" is a reasonable way to calculate damages.
Damages should be calculated by 'actual damage done' not "what would happen if everyone did this." Disproportional punishments are fundamentally evil.
If One uploaded a song. They should need to prove that the person that obtained that copy would have bought it otherwise. The actual damages is "the loss of a potential sale" so the punishment should reflect that. - To make the two parties 'even'
A quick look at your demographic, age, race, and income, proves that you should have bought this album which I produced. The fact that you did not indicates that you have actually damaged me and a punishment should be designed to reflect that. If you prefer to settle I will accept a payment of two coins, and/or one retractable baton. |
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If Bitcoin ever did go completely mainstream and actually succeeded in killing off some fiat currencies, it would make just about every person on this forum incredibly wealthy. The new wealthy elite would be roughly 95% male, and dominated by geeks/nerds/libertarians/smart people.
Speculate on how you think this would affect the world we live in. What would be different vs today's world?
I would speculate that most geeks/nerds/libertarians/smart people will not be able to resist temptations and will not be able to run the marathon, most will be sprinters and will sell out most or all BTC holdings way under 1000$ per BTC to the banksters. +1 Yes, people will sell bitcoins all the way up. (duh, for every buy there's a sell) The demographic will change. In the end we will have eliminated a certain amount of fraud from the monetary system but we will still have a bunch of rich assholes making many of the same dumb mistakes as the rich assholes of a century ago. |
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I'm tell you guys, this stuff is going to be the end of bitcoin.
that is why people keep saying that ASIC's are a good thing for bitcoin in the end.. if each ASIC is worth the 10,000 CPU's then it'll be a lot easier to keep botnet network % down. I'd rather have botnets than ASICs validating my TXs. Botnets are more in line with Satoshi's vision. |
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only 65% at betsofbitco.in now how to go about using arbitrage here? |
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What would happen to the world economy if the Chinese and most of developing Asia started demanding first-world, western lifestyles with minimum wages, forced 40 hour weeks and higher costs of living?
What do you honestly think would happen?
The question is: will they also demand much higher depression and mental illness rates, a vastly increased cancer rate, TV saturation and the much lower aptitude students that go with it, and a prison-industrial complex to keep a few percent or so locked up away from their families? It looks like they are already demanding western style desertification and other ecological destruction, we'll see what happens. |
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Nice video! I liked the part at 1:32:34 the most However the main theme across the whole movie is about how continuous deregulation caused the crisis and how the solution is to seemingly have more regulation. That and the fact that it's coming from the source as "official" as Sony got me worried. Interesting, that wasn't my take on it, though I also enjoyed the movie. It seemed to me that the movie showed that the crisis was caused by simple fraud. The amazing thing was the interviews with the very perpetrators of fraud who were so brazen they didn't realize the interviewer was exposing them. |
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Looks good to me.
As a stubborn old stickler who complains when language evolves, let me take this time to register a complaint in you use of the word "Democracy". The namesake philosopher Democritus would not have supported this "voting for a representative" idea at all, he was more of a proponent of government by the people e.g. by using random selection as is done currently e.g. as jury duty.
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