Then he opens one of the other two doors that he knows does not have the prize behind it.
Monty cannot open the door you selected, so his action cannot reveal any further information about what's behind that door. But his action does narrow down the options for the other doors, so you should always switch. Does anyone see the correlation between this scenario and Bitcoins?
Um, no. Do enlighten us please. |
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If Bitcoins are to be a stable currency, it must be, you know... stable.
That proposition is correct, but... Bitcoin is not a stable currency. It is better than stable. It will inevitably deflate, to the benefit of everyone who doesn't lose their wallet. |
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A better strategy would be to keep your wallet.dat backed up regularly with a secure password, and leave the backup password with your lawyer.
The lawyer's fees would be greater than the value of my bitcoins (at this time). I think the way to do it is to keep a current backup on a USB stick, together with a printout of easy instructions for accessing its value, in an envelope in your household safe. Perhaps there's also a business opening here, for someone to operate a trustworthy "wallet-to-cash" service. A non-technical user mails in the USB stick and receives a check in the mail, less a service fee. |
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if that grows any steeper then the value of bitcoin will loop back on itself.
The chart is deceptive. It really should be using a logarithmic vertical scale. If you invest $100 by buying bitcoins, a rise from $0.07 to $0.14 is just as profitable for you as a rise from $0.70 to $1.40, but it doesn't look that way on a chart with a linear vertical scale. |
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Next time pay a glamour model with bitcoins to stand on stage .  I doubt any glamour model could have spoken as convincingly as Gavin, no matter how much she rehearsed her presentation. |
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.com is not controlled by the US government, but .org is
Really? I thought both were. Under which jurisdiction are .com domains then? The source for my comment was the summary at the top of the following story, but maybe it's wrong: "US Dept. of Justice, ICE Still Seizing Domains" |
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there's this 15.000 BTC bounty for a bitcoin video
does gavin's talk qualify for that? : ))))
That particular bounty is for an animation. But da2ce7 pledged 100 bitcoins for "a video with real humans", and I think Gavin's video qualifies for that. Admittedly, da2ce7 went on to say "preferably someone hot, maybe your girlfriend" but this was only a preference, not a requirement. Original thread: Human Bitcoin Video Competition (Bounty: 100BTC) |
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I've seen BCT from time to time, but it's surely a typo.
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DNS is the only part left of the internet that is not decentralized.
.com is not controlled by the US government, but .org is |
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May as well do The Onion too, while we're at it :-)
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But its amazing how accurate he has been for such a small economy.
Self-fulfilling prophesy! |
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How do you plan on going from France to the UK by using bitcoins? I know of no bitcoin-accepting tunnels, airlines or ferries.
By 16th August there might be! I happen to be a respected member of the Bitcoin community It will be a pleasure to have you visit, Satoshi. |
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For some time I've been considering whether it could be possible to create some kind of a "mind fingerprint", using a decent number of Yes/No questions.
1. Is it right for people with guns to kindnap and lock up someone who has non-approved vegetation in their pockets? 2. Is it right for people to forcibly take your money to operate a police force that claims to protect you from people who would forcibly take your money? 3. If 51% of people voted to legalize rape, would that be OK? That ought to separate out the statists from the voluntarists. |
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For some time I've been considering whether it could be possible to create some kind of a "mind fingerprint", using a decent number of Yes/No questions.
There are lots of these on the web, e.g. http://www.politicalcompass.org/ Some of the questions are unanswerable for a voluntaryist, but nevertheless it scored me 81.5% libertarian-leaning and 41.2% rightist-leaning. |
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I'm doing a psychological experiment to see how many people are willing to send me 10 bitcoins. For each donation, I will post a creatively-written three-paragraphs of grovelling praise. If you have specific ideas for those three paragraphs, feel free to send me a PM after you've sent the coins.
12Xds1x9wMgJSAmpnchFQrg5BUPHbwJ3ec
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Sure there is. Start with 1000 coins, lend at 10% per year. After 100 years you have all 21 million coins.
OK, you are right but only "in extremis" and "in theory". In practice, there will always be people who don't need to borrow. |
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eight orders of magnitude divisibility.
I don't think laymen know what an "order of magnitude" is. |
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Also I have in my mind that total supply number on bitcoin watch only a few days ago was 3. xx million not 5 million .... tell me I'm not losing my marbles here.
A short time ago, the total was around 3 million dollars and just over 5 million coins. Now it's around 5.8 million dollars and 5.4 million coins. So the main change in that time is due to the increase in the exchange rate, rather than a large increase in the number of coins. |
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This thread got off the a rocky start. I've edited the poll to be more clear. Give it another shot?
The poll is effectively a question about what kind of state people prefer, and as such it fails to represent many of the people here. Can you at least add "Voluntarist" to the list? |
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Leftist is more personal freedoms but fewer economic freedoms.
Rightist is more economic freedoms but fewer personal freedoms.
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