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1441  Other / Politics & Society / Re: Obama says Snowden’s actions have “done unnecessary damage” on: December 24, 2013, 03:42:21 PM
Quote
“Disclosure of this still-classified information regarding the scope and operational details of N.S.A. intelligence activities implicated by plaintiffs’ allegations could be expected to cause extremely grave damage to the national security of the United States,” wrote the director of national intelligence, James R. Clapper Jr.

This is from the guy who lies under oath to congress ...

.... it is such a wanton subversion of the justice system to aim to have cases dismeissed because they know they will be criminally liable if it ever gets to trial. All the while using the Justice Department to argue "state secrets" bullshit to keep it out of court. There are some govt. lawyers who's souls are going to be rotting in eternal hell for keeping criminal govt actions out of court for so many years now. I hope those lawyers in particular have thier children and children's children are surveilled to their death.
1442  Other / Politics & Society / Re: Obama says Snowden’s actions have “done unnecessary damage” on: December 24, 2013, 03:34:42 PM
Ummm, and the massive "unnecessary damage" wrought by the NSA can be ignored then?

I guess when you are part of the problem only counting one side of the ledger is ok ....
1443  Other / Politics & Society / Alan Turing finally has his name cleared. on: December 24, 2013, 03:32:30 PM
http://www.telegraph.co.uk/history/world-war-two/10536246/Alan-Turing-granted-Royal-pardon-by-the-Queen.html

http://www.stuff.co.nz/world/europe/9551594/Long-overdue-pardon-for-gay-war-hero

Quote
Now, nearly half a century after the war hero's suicide, Queen Elizabeth II has finally granted Turing a pardon.

"Turing was an exceptional man with a brilliant mind," Justice Secretary Chris Grayling said in a prepared statement released Tuesday. Describing Turing's treatment as unjust, Grayling said the code breaker "deserves to be remembered and recognised for his fantastic contribution to the war effort and his legacy to science."

The pardon has been a long time coming.

If there was ever an example of why the State should have limited powers, this be it. No doubt there are some today holding sufficient powers that want e.g. Edward Snowden "chemically castrated", or "terminated".
1444  Bitcoin / Press / Re: 2013-12-19 Central Banks Launching Worldwide Coordinated Attack On Bitcoin on: December 23, 2013, 10:12:40 PM
I'll admit I went searching for something to mark the 100th anniversary of the Federal Reserve today (December 23). My search phrase was "federal reserve anniversary bitcoin". I found lots of stuff but this one seemed worth posting:

http://seekingalpha.com/instablog/21153-sufiy/2510431-central-banks-launching-worldwide-coordinated-attack-on-bitcoin

It's noisy out there!

 

If anyone thinks the big banks and big governments are going to allow a decentralized currency commenced anonymously to overthrow the status quo or even allow the market to determine which system will prevail is delusional.

I think the only reason why some central banks or governments have allowed Bitcoin unrestricted is because they are hoping the market will reject Bitcoin. That and also because to restrict the use of Bitcoin would be inconsistent with the free growth of technology and the market. This, I fear, will change once Bitcoin starts becoming a more dominant presence.

No system of money or thought or religion or philosophy can expand without persecution.

You might not have done a lot of reading on the technology of bitcoin. Do you have a particular method of persecution in mind?

If you are suggesting there is some kind of attack they can perform on bitcoin you should post it in the "Development and Technical Discussion" section. All possible vectors of attack are considered and if necessary changes can be made, this is part of the anti-fragile property.

The war of ideas you are alluding to has been shifting inexorably to the Internet and technology platforms in general, now they have to play undeniably on our turf for this one.
1445  Bitcoin / Development & Technical Discussion / Re: Bitcoin source from November 2008. on: December 23, 2013, 09:51:43 PM
Ok, this is interesting.

So can we get the actual files posted somewhere?

Edit: ooops just saw that been posted ...
1446  Bitcoin / Development & Technical Discussion / Re: NSA and ECC on: December 23, 2013, 09:48:57 PM
He has history ... and seriously guys please keep the pissing contests to the other sections of the forum.

Need I remind you this is a "Development and Technical Discussion" topic, we have enough crap to wade through elsewhere.
1447  Bitcoin / Press / Re: 2013 Bitcoin: As Good as Gold? on: December 23, 2013, 05:21:53 PM
Quote
Go up into the jungle of the Congo, where your smartphone battery was mined, and try to buy something with your bitcoins


yeah, cause that's the crucial use case for 99.99% of the users of money  Roll Eyes
1448  Bitcoin / Mining / Re: $2 million+ bitcoin mining facility launched in Iceland on: December 23, 2013, 05:12:00 PM
Quote
REYKJAVIK, ICELAND, December 23, 2013 -- DataCell, Inc. (www.datacell.com) -- In response to huge demands from the Bitcoin mining industry, DataCell is pleased to announce the forthcoming launch of a dedicated facility based in Iceland. Our new co-location facility, planned for completion in early 2014, will offer miners by far the highest power density and rack space utilisation in use of any provider. With electricity prices less than half the price of central Europe and easier cooling Iceland is the perfect place for mining.

Wow, yet another prediction comes to fruition. Iceland is going to a major bitcoin mine for the world ... weird yet logical.
1449  Bitcoin / Bitcoin Discussion / Re: BitCoins for Edward Snowden. on: December 23, 2013, 04:55:41 PM
Ummm, actually Snowden has exposed whole Institutions full of Fourth Amendment criminals, perpetrating crimes wantonly and persistently over many years.

Charges, prosecutions and punishments should be fitting for such criminals. Let the chips fall where they may. Choose your sides wisely, history does not play well for losers.
1450  Bitcoin / Bitcoin Discussion / Re: Would you store all your wealth in BTC? on: December 23, 2013, 03:42:33 AM
I find it unlikely that the 1% will just hand over their wealth to the nerds. Be prepared for a fight.

.... this is one thing the 1% pretty much have the same vote as everybody else ... if no-one is using your crap money, it doesn't matter how much of it you have.

Bitcoin is about non-violence.

current problem is almost  100% of the world uses the "crap" money
its harder for the 0.1% who have a better solution to make a btc  economy
when 99.9% are stuck on the old system .....at least in the early days

... no-one said it would be easy, but that is why early adopters deserve bigger payout because the odds are smaller the smaller the usage, in equal proportion to the risk that it will become widespread.

Btw, everytime one of the 1% buys some bitcoin they are indeed handing over their wealth to nerds ... and pure greed will just about ensure that they keep doing it more and more even though it is probably not in their long term interests, we'll see how much those grand money holding 'elite' truly understand money won't we, I guess?
1451  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: December 23, 2013, 03:32:13 AM
... just give all your fiat to your wife, I'm sure she'll find something to do with it Sad

Just be careful of the denominations, or she could end up getting handcuffed to a pole:
http://www.wnd.com/2005/04/29732/

I don't want to live on this planet anymore.

Just leave your bitcoins in safe hands if you decide to checkout (I can take care of them Smiley) ... the world would be a worse place without ya btw.
1452  Bitcoin / Bitcoin Discussion / Re: Would you store all your wealth in BTC? on: December 23, 2013, 03:23:46 AM
I find it unlikely that the 1% will just hand over their wealth to the nerds. Be prepared for a fight.

.... this is one thing the 1% pretty much have the same vote as everybody else ... if no-one is using your crap money, it doesn't matter how much of it you have.

Bitcoin is about non-violence.
1453  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: December 22, 2013, 06:56:56 PM
Quote
Commenting on the incident, Baltimore County police spokesman Bill Toohey told the Sun: “It’s a sign that we’re all a little nervous in the post-9/11 world.”

wtf? ... they saw some $2 bills and pissed themselves in fear?

who are these people 3 year olds?


Edit: looks like it is a story from 2005, maybe things have got better since then
1454  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: December 22, 2013, 06:39:10 PM
 ... just give all your fiat to your wife, I'm sure she'll find something to do with it Sad
1455  Bitcoin / Bitcoin Discussion / Re: Would you store all your wealth in BTC? on: December 22, 2013, 12:53:52 AM
It's the "all-in club thread" .... i luv it.

It has come up before but i imagine the membership is growing.

Swing for the fences!

All-in.
1456  Economy / Economics / Re: Curing the Fud: Why Bitcoin's Growth is Normal & Fudders dont want you to know. on: December 22, 2013, 12:23:35 AM
Awesome video.

This is MUST WATCH material.

He get's all the best ideas about network growth together in one tidy package and gives great examples and finishes with real numbers that make sense.

Big UPS. +++++
1457  Bitcoin / Bitcoin Discussion / Re: Penn & Teller : Bullshit! Bitcoin - btc foundation : non-political economy??? on: December 21, 2013, 10:57:42 PM
reads to me like you understand very little about politics and even less about monetary science ... fwiw

Start here https://mises.org/daily/3204 and here http://mises.org/document/3970 and don't stop digging, maybe then come back and spout off?

Money is a value information technology, politics seems to always want to add a layer of moralistic, compromising kruft on top, regardless of the tech. involved. Decentralisation allows value information technologies to become truly apolitical, kruft-free and superior in many ways that all users can benefit from.
1458  Bitcoin / Mining / Re: $2 million+ bitcoin mining facility launched in Iceland on: December 21, 2013, 10:40:21 PM
Thanks for sharing. It's proof that rich investors are going to get richer off of Bitcoin. These stories are interesting but I prefer hearing about new start ups that actually accept Bitcoins for product over mega miners looking for a quick buck or companies that cater to miners looking for a quick buck. Oh well, I suppose without mining profit Bitcoin wouldn't be nearly as successful as it is now.

I don't know ... I like to think people will look at a story like this and think "ok, this bitcoin is some serious shit, look at that hardcore hardware!" ... basically when you examine a big bank today what you should really want to know about is what their IT hardware set-up looks like ... after all vast majority of money is a fiat number in a database server somewhere.

money is in essence a value information technology ... get the IT bit wrong and the value will disappear
1459  Bitcoin / Press / Re: 2013-12-19 Jiji Press: BOJ "Very Interested" in Bitcoin on: December 21, 2013, 10:33:12 PM
to me, right from day one bitcoin has always seemed to posses a uniquely japanese flavour that i can't quite put my finger on ...

is it satoshi nakamoto? mt. gox welcomed in japan? the strong ethical incentive structures towards network collaboration ahead of competition?

... and all in stark contrast with BoJ's insane money-printing experiments and desperate straits that the centralised fiat experiment has got their economy into, it feels like Japan has a date with destiny in bitcoin or their fates have been inextricably entwined from the beginning ...
1460  Economy / Economics / Re: China and the US a la Munger: "Bitcoin is rat poison!" on: December 21, 2013, 08:10:17 AM
http://www.zerohedge.com/news/2013-12-20/china-bails-out-money-markets-second-day-row-following-repo-rate-blow-out

Quote

China's central bank said it had injected over 300 billion yuan ($49.2 billion) into the nation's money markets over a three-day period as interbank interest rates surged to their highest levels since June.

The interest rates banks charge each other for short-term loans jumped to 8.2%, the highest level since the June cash squeeze.

The stress in the banking system is starting to spread elsewhere, with stocks in Shanghai falling for a ninth straight day to the weakest level in four months while government bonds dropped, pushing the 10-yield up to near the highest in eight years.


yeah, that almighty yuan alright ... the place is about to go tits up buddy, pay attention ...

... sheesh where did this latest crop of idiots on bitcointalk arrive from, Wall Street?
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