In only 11 kB, too!
Amazing density. |
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To be precise, mis-allocation only occurs if there is unexpected inflation. To the extent that inflation is entirely predictable (eg if money growth were kept at some fixed rate) the resulting inflation can be incorporated into contracts, investment choices etc perfectly.
I disagree. Even an expected transfer of wealth from the productive to the violent mis-allocates capital. |
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I'm going to try that trick with the light speed spaceship then.
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New ideas take time to be accepted. When the concept of "zero" was first imagined by mathematicians, it took centuries to be accepted as being real and meaningful. The same with the idea of the sun at the center of the solar system. And evolution is still not universally accepted.
People were murdered for attempting to tell people outside of the fold about the square root of one. The heck?!? What's the story behind that? Oh, sorry. The square root of negative one. There is an unconfirmed story that such numbers were central to a mathmatics cult centered on a Greek island, wherein secrecy of the math was maintained by the threat of death to anyone who would share the secrets with the greater Greek cultures. There is some evidence of the use of such "imaginary" numbers in the complex architecture of Athens, but no evidence of how the designs were calculated were ever found upon any building plans ever recovered, so this story is plausible. I'm having trouble remembering the name of this math cult, so Google isn't helping me out much. I think it was irrational numbers, like the diagonal of a unit square. So root 2 and such. |
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Are you aware that criminals are using your currency(whatever it may be) at the moment?
Nuh uh, not dollars, dollars are pure and clean, the currency of angels. |
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Only if the Christians publish their location. That won't be a problem if they aren't trying to hide something  |
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This is totally a problem with bitcoin.
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Having a good money will help us advance tech possible to extreme levels, but it isn't going to BE intelligent any more than the phone system is.
Maybe I should have capitalized the 'it'. |
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Having a good money will help us advance tech possible to extreme levels, but it isn't going to BE intelligent any more than the phone system is.
So the internet is just a series of tubes, but it is still intelligent in ways that humans have never anticipated. Bitcoins intelligence would result from global knowledge of all monetary human transactions. Just like google is able to accurately predict what I will read on the internet, with bitcoin it will be able to predict what I am going to buy. Come on, I'm not even saying that there won't be a system that knows what you are going to buy with coins, only that that system won't be bitcoin itself it'll be some other thing(s) in the tube system. |
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I can think of several circunstances where both activities could still exist without the presence of totalitarian states...
Need some kind of state though. Doesn't assassination mean killing public official? And isn't money laundering just transfer designed to get around laws? Assasins are only assasins if they target public officials? I thought they were simply executioners for hire... Regarding money laundry, it doesn't need to be just for dealing with state laws, a subordinate to a crimelord could be doing some protection service on the side and not reporting the earnings to the boss, in order to be able to enjoy his money, he would have to for example buy a bunch of lottery tickets and only mention the winning ones and say he's on a lucky streak, since this doesn't cut into the crime org's busyness he might be able to keep what he wins on the lotto; or a store cashier could invest a little bit in his brother's bakery and each month go there as a customer and slip the acumulated change he swiped from the registrer and slip to his brother, who later would give him a similar amount back pretending it's his share of the monthly earnings. Uh, it's not important I just thought the word implied killing a certain sort of person and I didn't think it had to be for money. Like JFK was assassinated whether the killer was paid or not, but my wife's lover was just murdered, again regardless of whether I do it or pay for it. |
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If I could buy a house and pay a mortgage with Bitcoin, I would love my life.
Lol, if you borrow half a house worth of btc you are not going to be loving life for long. |
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orz
It was close... And than someone crashed the price. I hope it was an accident.
Lol, an accident? It's not a car crash, man, it's people agreeing on a trade. |
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I am sorry Gavin is accepting Tax payer's money in order to do something like that.
If he accepts 3,000$ to give a presentation about bitcoin, what would he do for 300,000$ or 3,000,000$? Would he accept a full time job as trying to find a way to destroy bitcoin?
Why do CIA need to have someone explain bitcoin in flesh and bone? Can't they read Satoshi's white paper, source code and other information available on this forum?
I must say I am a bit disappointed by Gavin. I hope he reconsiders.
From now on, I'll be even more suspicious about any source code Gavin will publish.
I would take all the money from the government. To me "tax payer's money" refers to whatever they have left after the theft, Gavin isn't taking any of that. I am not suspicious of Gavin. If Gavin can harm Bitcoin then Bitcoin isn't go great anyway. |
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Bitcoin is too good to be true. But not in the way these gamers are assuming. Econmically speaking it is truly a godsend and quantum leap in monetary technology.
It is amazing to see how similar the reaction was in the poker thread and the whirlpool-techo thread. Eventually they'll come around like this;
- first they'll make up their mind, open-source=good (i,e, not a scam)
- second, they'll see other people are trading it=good (i'm not the only idiot on this planet, sheeple)
- third, they'll see that it is going up in value=good (i'm really not an idiot but a genius because I can make money, sheeple2)
In the land of the blind, the one-eyed man is King.
If only there was a way to get paid for figuring this out early... |
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Assuming it happens for no apparent reason I can probably get a lot for my wife.
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I can think of several circunstances where both activities could still exist without the presence of totalitarian states...
Need some kind of state though. Doesn't assassination mean killing public official? And isn't money laundering just transfer designed to get around laws? |
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No time. Famous people are getting married. |
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The front page should display how many players are online.
For real. Why do we have to log in to see the tables list? |
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