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7122
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Bitcoin / Electrum / Re: [ANNOUNCE] Electrum - a new thin client
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on: November 13, 2011, 11:30:33 AM
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thanks for the tip; I do not want to work on localization for the moment, but I'll keep it in mind.
Unrelated note: I wrote a http proxy server, so that electrum servers can be reached
through http using port 80. (for example, you can use ecdsa.org:80 in your settings)
http is is slower than the direct socket connection, but it can be useful if you are in
an environment that blocks high port numbers (for example a public wifi).
Any plans to make that a https connection to a server for added privacy possibility (man listening in the middle)? I suppose connecting to a electrum server across tor would work just as well against that anyway. PS: Nice project. I particularly like the way the deterministic seed and passphrase combination for the wallet separates the theft versus loss of keys and/or back-ups problems, clever. |
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7123
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Bitcoin / Bitcoin Discussion / Re: Bitcoin mentioned at congressional hearing.
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on: September 17, 2011, 07:38:08 PM
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hhmmmmmm. but didn't the gold standard help drive us into a depression because the gov couldn't print money to help the deflation that caused the depression?
so now I am torn. I want the law so as to help bitcoin... but dont want the law because any economist will tell you that the gold standard hurts economies.
The bill is NOT for a gold standard, it is to repeal the legal tender laws that give fiat Federal Reserve bankster notes a monopoly over the money supply. Monopolies are bad things; centralised, monopolised fiat monies are bad things on steroids spawning epic fails in every direction. |
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7127
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Bitcoin / Bitcoin Discussion / Re: Value plummeting??!
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on: August 26, 2011, 09:46:48 PM
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Failure to hold those higher support levels is very discouraging.
Now, I think we can expect to see a re-visit to the $1.90 region ... perhaps lower.
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7129
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Other / Politics & Society / Re: Internet billionaire donates $1.25 million to create libertarian islands
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on: August 22, 2011, 04:06:21 AM
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What do they do with the human wastes, particularly sewerage?
Any specific rules, codes on that I wonder?
Do you think people want to walk on streets of filth? Hell yes there will be sewage because people will want it. So straight into the ocean?, treated?, one company?, competing sewage networks?, etc? What rules/codes I wonder? Who says what goes? Human desire. Do you have the audacity to put money towards a company that dumps your waste directly into an ocean? The people will say what goes with their dollar. Without wanting to rub your nose in it, so to speak, you haven't offered any specific details how these messy intricacies get sorted out in such confined quarters as an offshore floating rig. Have you ever worked on one? That's the thing: no one individual could plan this out. It would be a coalition of many desires and projects. Can you really say it's impossible to achieve a result? One could argue its impossible to predict one. Who deciphered the intracities of the web today when it was first started? Nobody planned this all out. People built the individual parts as they willed and this is what we have today: a vast collection of information cataloged by competing searching engines. That wasn't predicted nor planned beforehand. I can't offer a complete solution but I can theorize. What you can't do is say it can't happen because we don't know. As history has shown, man has built in the face of all adversity without central planners. Without wanting to get into a shit-fight, I see you have stuck steadfastly to platitudes and generalities. Theorising is wonderful but it doesn't get rid of shit; ask your local authority who deals with the stuff you flush down the toilet. Moving sewage around and disposing of it hygienically for 2-3000 confined people is an engineering problem in this day and age, unless you have some masterful new technology that does away with the nastiness magically?? Questions remain as to who pays for it and how do you collect the expenses equitably? How do you police it if someone chooses to opt out and save a few bitcoins by just chucking shit out the porthole? We'll use this sticky problem as a test case "example solution" for your general solution offered above, if you are the type of Libertarian that is game to roll your sleeves up and get shit done. |
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7130
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Other / Politics & Society / Re: Internet billionaire donates $1.25 million to create libertarian islands
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on: August 22, 2011, 03:40:20 AM
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What do they do with the human wastes, particularly sewerage?
Any specific rules, codes on that I wonder?
Do you think people want to walk on streets of filth? Hell yes there will be sewage because people will want it. So straight into the ocean?, treated?, one company?, competing sewage networks?, etc? What rules/codes I wonder? Who says what goes? Human desire. Do you have the audacity to put money towards a company that dumps your waste directly into an ocean? The people will say what goes with their dollar. Without wanting to rub your nose in it, so to speak, you haven't offered any specific details how these messy intricacies get sorted out in such confined quarters as an offshore floating rig. Have you ever worked on one? |
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7134
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Bitcoin / Bitcoin Discussion / Re: Buying bitcoins at Chase or Wells Fargo
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on: August 20, 2011, 08:37:53 AM
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Hi Serge,
Thank you for your concerns.
We are doing everything we can to ensure it remains mutually beneficial for ExchB and any bank that we would partner with.
As you mention, these are very large operations that are well-equipped to help any business that wants to use their services to collect funds. If you need to collect cash you can use their tellers. If you need to receive lots of checks they provide check scanners and PO Boxes....all for a fee.
Time will tell if something comes up that changes what we can do in respect to instant cash deposit, but until then we encourage anyone who wishes to, to give it a try. How else can a large number of people buy Bitcoin the same day?
Thank you,
David (weex)
Best of luck with your business. I am saddened that there is a general sense of criminal activity going on when people want to spend their dollars the way they want to, including buying bitcoins. It is very sad. With the advent of digital money, the banks have handed an opportunity for dramatic expansion of a police state to the politicians who have shown no restraint whatsoever to assume the worst of the citizenry (guilty until proven innocent) and enacted the obnoxious KYC and attendant laws for wholesale invasions of financial privacy. In this respect, digital fiat money as we know it is deficient as money since it it then becomes less fungible than physical cash. |
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7136
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Economy / Economics / Re: Monetary economics of merged mining, aux blockchains. (inflation by proxy?)
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on: August 19, 2011, 11:16:39 PM
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Bitcoin King sounds like Burger King. : Merged mining is an application example of Mike Hearn's "shared work" concept, a core bitcoin dev. iirc ... how exactly is that a "trojan horse" ... delivered by the bitcoin devs? Doesn't make sense ... but it makes a good story, liked that bit.  Ultimately, it makes clear that all this mining power bitcoin has captured/created is very mobile, mercenary and for hire to the highest bidder. For now, the highest bidder is the chained currency that has the widest adoption, but this will be continuously judged upon merits as new pretenders and competitors come and go ... long live the chain wars. |
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7138
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Economy / Economics / Re: Monetary economics of merged mining, aux blockchains. (inflation by proxy?)
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on: August 19, 2011, 07:32:54 AM
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[...]
An auxiliary chain with a difficulty nearly equal to bitcoin clearly has a cost-to-mine also nearly equal to bitcoin. [...]
[...]
I'd say the cost is almost 0 --> auxiliary coin value --> 0 It is only zero IFF you are already mining bitcoins, which obviously is not zero cost. So, no, cost does not go to zero. Try again. sure, it is like giving free namecoins to the miners. and they will either buy up all domains or more likely sell all of them no matter how little they get for them. I imagine pools that automatically sell the namecoins and just pay you in btc. Well if you can not see that it costs to be set-up and mining bitcoins to begin with then I probably can't help you much in understanding anything further. Thanks for trying though. |
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