so be it
I imagine you saying that in the voice of Darth Vader. That would be Darth Vladimir
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Principalities of Liechtenstein or Monaco ... ?
or the enclave of Campione d'Italia .... small technologically advanced countries that may be sympathetic to economic liberty provided by bitcoin adoption exist.
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unviable at the societal level Is that like 1 level below the ruling elite level or 2 levels below?
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Haha sorry- I didn't mean to turn this into another thread of this type. I do understand the security concerns, and I don't know of a way this could be technically implemented. Thanks for the detailed responses, though.
My point really was just that, if a large portion of the world's scientific research (or something else equally important) were carried out on the quasi super computer that is the bitcoin network, bitcoin would have few enemies.
Or more probably the inevitable enemies it has would be PC'd into silence by public perception ... point taken though. I'm kind of surprised that the scale of the network, > 20 Pflops, as a hardware achievement has not made it into the news, /. or similar. This alone is a feat given the speed with which it came together.
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Its too bad the system wasn't designed to carry out useful calculations. I know people have talked about the security cons/ logistics/ ethics of this- but I think just from a publicity standpoint, this would give bitcoins so much attention, and would make gov'ts less likely to target the digital currency.
I personally find supporting and securing first ever viable convenient and honest currency on the planet being quite useful. More useful than, for example, search for aliens in other galaxies. Precisely. There is probably no more important application for networked computers right now than securing the wealth of nations and providing reliable, fair price signalling information technology. Just look at what happens when it is mismanaged by greedy bankers and incompetent politicians. It can become a crime on a vast scale that goes unpunished. We have not seen the last of the "financial crises" yet. The wealth has all been squandered already, spent on hookers and blow by Wall St. for the last 25 years most likely, the crises are only the aftermath to distribute the theft evenly to the plebes.
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No one (that I know of) targets price stability in regards to individual items. It is price stability in regards to a broad basket of goods that is a reasonable target. I think it is a statistical fact that if you allow individual prices to fluctuate naturally (you seem to be okay with this) then it is unlikely that the general price "target" (whatever that is) will also fluctuate, just less so. There is no proof that "general price stability" is achievable or desirable either. The demand for money and goods fluctuates, get used to it. Just let it be, the control freaks can't leave well alone. The free market works. Find something else to do maybe ....
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I have a hard time understanding price stability and why we want it. As I understand it, price stability is a relatively stable price of consumer goods over a certain period of time. How stable does the price have to be and how long does it have to remain stable? I don't see how you can have stability in something that isn't centrally controlled. Also, if supply and demand fluctuate (which they do), how can prices be constant? Instead of trying to achieve price stability shouldn't we be trying to achieve prices that accurately reflect supply and demand? And is this something that we can do better than market forces can do on their own.
Basically it seems to me that you want to control the uncontrollable. You ask what is the best way to do that? What I'm concerned about is if someone has the ability to do that, what is preventing them from abusing that power? Also, you would have to convince me that price stability is more beneficial than market forces setting the price. If there is a major drought and a large percentage of wheat supplies are destroyed, why should we expect the price of wheat to remain stable? The only way to keep stability in such a situation is to have a store of wheat. Well put. Price stability is an unachievable, undesirable myth of modern central-planned fiat monetary protagonists. Prices of basic commodities need to be allowed to fluctuate to send pricing information signals to producers to back-off or ramp-up production (supply and demand), or else you end up with horrible gluts and shortages (waste and famine) that only a communist regime could love.
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If you don't have inflation, you have deflation, which means people with "money" will never have to work.
do they have to now? multimillionaires don't exist today? you don't have to play btc game if you think that it is not fair... you don't want to have .02 btc for free, but explain why anyone should give any more of free money to anybody? Because the current value of a BitCoin is an illusion, but not if we all buy into it... You are right, don't buy BitCoin, it is not for you, shift aside .... the thousands of other people queuing up behind you need to get in.
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How do we prevent money laundering and assassinations? Call the cops if you have reason to believe there is money laundering or assassination activity in your area.
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IMO there is a real possiblility that gold will lose its status as a major exchange vehicle within less than a decade. The result will be a crash in the price of gold that reflects its value in jewellery and electronics alone. "They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumbling-block of their iniquity." Ezekiel 7-19
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Oh my god, Moa, would you give it a rest? When was the last time you had an original thought or did something productive for society? Is all you're capable of doing criticizing people who have even a small interest in the law? You've probably turned off more dozens of people to Bitcoin through your deranged rants than all the government regulators ever will. Are you really as uncreative and narrow as you pretend, or are you just trolling? Most of us here could write a computer program whose posts to the forum would be better than yours.
Or maybe you're just trying to kiss up to the person you perceive to be the new rich guy. How noble and intelligent of you. What a clever idea. Knight, if you're reading, stay far away from Moa.
Seriously, what have you ever done for anyone? I'm a long-time user of this forum and I was finally motivated to create a special anonymous account just to trash you. Your understanding of technology is facile. Your understanding of economics and politics is juvenile. You strike me as some sort of incompetent bond trader (or maybe gold or currency?) who's down on his luck. Your conception of the government is idiotic at best. You make me, an avid libertarian, want to become a totalitarian statist with your smug condescension at anything you don't understand. Go fuck yourself in the backwater nanny state where you live and leave the rest of us alone.
Well that particular truth must have got you off your arse to do something ... a new account huh? How creative, some nice big words in there though, thanks for your thoughts. (A simple "tone it down" would probably have sufficed.) Edit: Statist is most probably "noagendamarket" or someone who he has revealed my location too ... thanks mate.
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(3) large amounts can easily be traced in bitcoin; even smaller amounts can be if users aren't careful. it takes quite a bit of effort to elude detection. plausible deniability is easier than avoiding all information leaks, but my sense of the parameters of your market was that you were imagining the latter would be more important than the former for bettors. There is at least a few more tricks up the sleeve to guarantee fully anonymous transactions based upon the bitcoin p2p verified coin transaction network. Just add another layer like Open Transactions .... .... the not fully anonymous argument is conditional and a red herring ... it should be not fully anonymous YET ... if its crypto arms race they want ....
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He was on #bitcoin-otc yesterday (I was so excited!) He said he took it down because he didn't want to endorse something purely for profit. He is still using bitcoin, though.
I guess the bitcoin "things just got real" for him ... If they weren't worth anything he wouldn't have bothered with taking it down ... who got the bitcoin? I hope xkcd benefits somehow.
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With regards enforcing anything, GLBSE wont be able to do that until I implement smart contracts, and then it will enforce whatever the rules in the contract are.
By what mechanism? It seems you are limited to stopping specific shrares trading in case of a dispute. Unless you have a private police force somewhere?
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Removed: Statist found it "too objectionable" ... read below if you can be bothered.
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You should see some output like $ fgl_glxgears Using GLX_SGIX_pbuffer 66 frames in 5.0 seconds = 13.200 FPS . . .
if it is running. If it is on display adapter of the monitor screen it will also pop-up a window with madly spinning gears.
You can change adapters which run the code by doing the
$export DISPLAY=:0.X ; fgl_glxgears
where X is the adapter you want to run on .... (0 is normally the default display adapter attached to the screen but hard to know without knowing you set-up config, etc).
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A little bump... if you've bid and are still interested please restate your bid, as the exchange rates have changed quite a bit. Shipping will be ~€30 for Europe (~$43). Probably close to twice that for US. Depending on the amount of damage it might be possible to get it mining again.
Does it run fgl_glxgears on the damaged core?
If so then try this,
launch fgl_glxgears on that core, once it is running start the miner on that core, if it runs, then swiftly kill the gears process ... if it does get mining like this it may be prone to locking if it pauses too long between submitting shares (it drops back to idle and locks on relaunch) ... to prevent this run two instances of the miner on the same core and it will hardly ever find itself paused back to idle again ... unless you are unlucky (shares submitted from both process simultaneously or pool not responding)
I can't get fgl_glxgears to work even on the other card with 2 good cores. I'm using a simple ubuntu server with manually installed X and drivers, so maybe I'm missing something. Hmmm, if you have the fglrx drivers installed and pointing the adapter at a relevant display it should run ... what's the error message?
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Success has many fathers, failure is an orphan.
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You current set-up may not be optimal if a single point of failure would be catastrophic for the whole organisation. Bitcoin may just be forcing you to think about security of funds flaws that were already existent but unrecognised.
Here's a radical idea, organise your company into quasi-autonomous cells. Each cell has specific area of business but manages its own affairs (including funds). You can afford a failure at one cell.
Or wilder still, start your own bitcoin bank? You seem to be running ahead of the pack and if you need it someone else may need it too.
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