What do you think?
So you're a professor at a university in China? |
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Nefario, I trust you to manage the project on your end, so give me an address and I will send the 50 BTC to you now, and you can in turn pay out as you see fit. Hopefully it will be you and not your student giving me an address.  There is no yuan/bitcoin exchange market these days. |
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We also achevied 1000 new members this month, which is probably a bunch of spam accounts, but also 10,000 posts in a single month.
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I wonder how many bitcoins are just being shuffled back and forth.
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Um...What people are arguing about?
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That was quick!
I pointed him to the MyBitCoin.com merchant tools.
Use mtgox's data feed or perhaps bitcoincharts.com. |
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I agree to an extent. But. Despite this it will be seen that it does matter where you are, it matters because of what has gone before. This is not something I'd expect a distributed cryptocurrency to be able to solve however. I think I look forward to Phase 5, but I am one that beleives that the state can be useful to society (when properly under the control of informed democratic power). So I hope Phase 5 doesn't wash away some things that currently do depend on the current finance system. [/quote] Do you not understood the implication of bitcoin? It's impact is beyond wealth and money, but also on the very structure of governance! If we are able to develop a polycentric system of law needed to keep internet commerce flowing, the democratic supporter of the world will either have to fight it or abandon their ideology. So what if democratic society benefit humanity? You have to face a new order that have very different assumption about how things work. |
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If the libertarians and crypto-geeks weren't there, would it be true that bitcoin could grow slower?
Wait a minute...if there's no cypherpunks, bitcoin wouldn't be invented?
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"In principle I don't advocate killing anyone, however I have serious concerns about letting criminals live"
This is nonsense. This is a private forum and we're a bunch of guests. The owner get to do whatever he wants. |
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I cannot read you mind, of course. But if you're asking whether a global acceptance of bticoins would end current purchasing power parity, I think it will - on paper, that is. A bitcoin will be equal to one bitcoin everywhere. However, untill material goods can somehow be magically teleported from any place, people will still have to buy locally. This means that the same rules that govern standards of living and purchasing power will continue to apply. You could import from overseas, but this is often a lengthy and expensive process. So you will continue to buy food at your nearest grocery store, and products manufactured within your own or neighboring countries. The work you do daily will likely contribute to the economy of your city, and not to one on anther continent. Because of that, what you can buy with a bitcoin will vary greatly from place to place (and will continue to follow a similar pattern to this map ). I have a hunch that the power of purchasing digital content will become very equalized, though.
A knowledge worker's output can be traded! From there, we could start demanding open border to facilitate even more trade. |
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Contempt for your opponents does not help them understand your position.
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Agorists, anarcho-capitalists, libertarians argue among themselves why if they have 'won', how come things are still more or less the same (because always there is the truism "same shit different day", that's why). Lady and gentlemen, we won the cryptocurrency war, just like our cypherpunk predecessors won the encryption war. The world did not stay the same, but changes dramatically. For one thing, it allows all of humanity to efficiently conduct global trade with everybody on the planet. It does not matter if you're in china or in Africa. A bitcoin is a bitcoin! That's my prediction. |
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I don't think the issue is that people think this; I can't imagine anybody thinking: "I want an oppressive dictator to control me!"
I think the issue is that people don't realize that the small, incremental changes ultimately lead to the same thing. The "spirit of resistance" is largely gone, at least in the USSA. These days, you're more likely to see a "spirit of dependence" leading to such bizarre sights as the Greece-style protests in Wisconsin by government employees upset that their gravy train can't keep going forever.
A socialist country with a "functioning" democracy is surely not the same thing as having a dictatorship. |
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I think BTC is going to rise its value if it's denominated in USD. If it's denominated for example, in gold, probably it's going to drop in value.
I believe neither Bitcoins, dollars or gold have any "intrisic value". I think that none of them are well suited to be money. BTC and gold are deflationary (better for the saver) while national currencies (I'm including the euro here) are inflationary. In the past, gold didn't has to be deflationary if the production of gold was greater than the "economic growth". None of them can reach price stability.
Would you want a "price stable" currency versus a deflationary currency? How would you achieve this stability of price? How do you determine if there is too much of a supply or there should be increase in the supply? |
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What he's saying is this: libertarians claim that a docile population will lead to ever bigger and more dictatorial governments, but if people are really that docile, then they'd never be able to participate in a libertarian society. Comments?
By your logic, they cannot participate in anything. No matter what, they are d00med. |
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I'll be re-releasing updated windows .zip and .exe files later today to fix these issues.
And this time I'll triple-check versions on everything.
How about a checklist for all the things you need to check? |
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Why is it being released on Tuesday? I wasn't aware of this!
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Anything going on with Iceland?
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Maybe you could start a Brazillian bitcoin exchange?
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