If the concept is flawed, there will be no execution of the idea. That is what I'm suggesting.
The concepts have nothing to do with the execution. The execution will make reality a a flawed concept, but we can alway fix the code. But if there is no code to fix, there is nothing to work with. Write crappy code that demonstrate said concept. Fix said concept if it doesn't work the way people like. Then fix said code. Repeat this process. Then write correct and clean code. Make it fast. Then, make the interface good. |
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Please correct me if I'm wrong in my interpretation, but that is the real issue at hand right now.
Wrong. The real problem is that there are no execution to work with. Concepts and ideas doesn't matter if we have nothing to work with. |
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It's just GPL without the web service loophole.
The GPL is my definition of what's "harsh". |
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The problem with 'domain name coin' is that it doesn't make economic sense. There should be no 'restriction of supply' of domain names. The cost of a domain name should be directly related to the network cost in supporting that domain. Transaction fees make much more economic scene than a new 'domain coin' as the network compensation mechanism.
We're going around in circles. All this arguments had been exhausted and now we're just repeating them ad nauseum. Still, the correct protocol that been derived by argumentation is meaningless without an execution to work with. |
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Convert it to a cypherpunk webcomic label?
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What we have here are dedicated coders/hackers that are racing ahead of theorists. The theory must be bulletproof before any proposals are launched.
I think we need mathematical theorists to begin the process and then hand off to coders the basic structure while pointing out weaknesses.
Satoshi proposed a brilliant solution to the chain problem long ago in the thread.(As well as appamatto but Satoshi's solution is much simpler) We don't need to worry about integrating those information in the bitcoin chain since we can use the same miners to generate 50 BTC and domain name coin. Only execution will give us something to work with. Theorists are just that, theorists. If the ideas don't get implemented, the idea of BitDNS is simply worthless. |
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My dad, as much as I beg him, almost never lets me take a single penny out of my bank; he most definitely would NEVER let me do a transaction, especially a wire with it with some unknown person online! My dad (the techie of my parents) also will not let me link my bank account to my PayPal, so I rely solely on him putting money in my PayPal for me, as well as deposits from transactions for various "self-employed" jobs I do.
With bitcoin, teenagers can achieve independence from their own parents, and parents do not have to worry about credit card debt! |
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Currently WTFing over the fact that the refund is transfered into my credit card as credit making my credit card debt negative 32.77 USD.
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Capital is made of means of production : companies, tools, knowledge, machines,...
Bitcoin doesn't make capital, just as it doesn't make orange juice. It only permits you to buy it.
Yes, I am quite aware of that. I was merely wondering how could saving/hoarding bitcoin lead to higher capital accumulation of production factors. I am guessing that it somehow tells the market the time preference of human beings, thus determine how much resource are available in the future for spending. The explanation posited by the other forum goers seem to fit...but the answer seem to be bit unsatisfactory. |
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I made a request for the withdrawal of 32.77(1 dollars subtracted for withdrawal fee) USD from the advertising account at projectwonderful. These funds will be converted back into bitcoin.
Remember, you can request your bitcoin back based on the percentage of contribution you made at the start of this campaign. Say, you contribute 5% of the total pledges. You will get back 5% of the remaining bitcoin.
OTHERWISE, the funds will be redirected to other bounty project of my choosing.
I will be PM each of you pledgees to see if I can get a response here on this topic.
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Will we have more pledgees?
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There seem to be no password recovery mechanism.
I seem to have set myself a password that I can't remember.
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Have the fans left me? 3 days in a row without downloads is quite unusual.
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The Asian nations of the world have resisted adoption of bitcoin far more readily than the continental US and Europe. Bitcoin is basically a Western civilzation's currency. We need to fix this problem!
What we have so far:
1. A Japanese yen exchange. Western expats living in both Japan and South Korea.
2. A Chinese user within mainland China.
3. Some translations
What we don't have:
1. Where are the South Korean won and Chinese yuan to bitcoin exchange market?
2. No significant Asian presence. (That exclude westerners of Asian descent like me)
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I hope I'm alone with this constructive criticism, but if I didn't know what bitcoin was, my reaction to that banner would definitely be "just another HYIP scam", which of course is the wrong impression! Perhaps a larger bounty is needed for a more professional looking banner, although I also think this effort could be a bit premature since there is still no easy way for newcomers to trade bitcoin.
I don't feel like doing the hassle of generating so many different kind of banners and testing them. For the pay, it was a lot of work. |
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If you get it from bitcoin.org, properly secured, than it's ok?
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There are confusion I have in my head.
I do not know how saving bitcoin lead to capital formation. I mean, if I save bitcoin, that signal my time preference. IE, I prefer to wait for something rather than have it now. Or I rather spend on some future good that required X amount of money that I don't have rather than something now.
With resources like timber, I know that if I saved X amount of them, I can build a complete room.(If the room is not completed, it would be expose me to the outside elements)
So, I know that saving bitcoin would be akin to somehow getting enough resources to accumulate so that I can build x and y. But bitcoin can't help you build stuff x and y.
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End of campaign report:
Expired 10 days ago...30 days campaign.
Expense: 23.83 USD. 41 % of our overall budget which is 57.60. Last day of activity was .45 cents.
Pageviews: 373,768 total.
Total clicks: 110
CPM: 0.06 USD
CPC: 0.22 USD
CTR: 0.03 %
All in all, an ineffective campaign. The money is better spent elsewhere.
I will return what left of the funds by pledge percentage rate to donors should they choose to do so within 30 days.
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