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101  Other / Beginners & Help / Re: Bitcoin and the gold standard on: April 11, 2013, 02:16:29 PM
And don't forget that the real problems with the gold standard weren't due to the gold, but to the standard.
102  Other / Off-topic / Re: Explaining the subjective theory of value to the mentally disabled. on: April 11, 2013, 12:16:22 PM
This might help.
http://www.youtube.com/playlist?list=PLEE9A33593A261433

I know it took me over a year to accept bitcoin. I went through a phase where I was willing to accept it as a medium of exchange but not a store of value. Basically, I figured I could accept it and immediately convert it to dollars (which I still do mostly because I need to in order to buy the raw materials for my products).
103  Other / Beginners & Help / Re: crowdfunding on: April 10, 2013, 03:44:32 PM
www.coinfunder.com

This is the only one I know of off hand.
OK I stand corrected there is a system out there and its looking good. Only three projects though but that's a start.

https://bitcoinstarter.com/ is the other one I am aware of.

I do hope people are going to use these for their appropriate purposes. For a business startup it makes more sense to use an asset exchange (bitfunder.com or btct.co or the like) - I'd love to get a few shares of the next Apple  Smiley. But the crowdfunding platforms are great for things where there isn't any expected return on investment, like an art installation or if someone ever figures out what Tesla wanted to do for distributing free power.
104  Bitcoin / Press / Re: 2013-04-09 Bruce Schneier on: April 10, 2013, 03:05:34 PM
Hard to believe he hasn't looked at it given he's talked about it a few times.

Yes, frankly that post reads like a crude misdirection.  For what reason, I don't know.


LOL, he's either Satoshi and misdirecting or he just hasn't been paid to check the code.
105  Other / Beginners & Help / Re: Trying Ripple on: April 10, 2013, 02:57:04 PM
Last week I uses WeExchange to put a small amount of bitcoins into my Ripple account, and it wasn't hard - but I have forgotten how I did it. I'm sure if I want to do more I can figure it out easy enough.

Its the internal deal making and handling that I'm still fuzzy on, and I don't really have the time right now to dig into it.
106  Bitcoin / Press / Re: 2013-04-09 Bad Quaker: Interview with Jeffrey Tucker on Bitcoin on: April 10, 2013, 02:01:37 PM
My Internet connection is terrible, but Ben Stone (Bad Quaker) AND Jeffrey Tucker is just plain golden bitcoinen  Grin and worth the time to download.
107  Other / Beginners & Help / Re: cash out and buy silver? on: April 09, 2013, 10:26:10 PM
Don't cash out, but if you have a significant amount of bitcoins you might want to diversify your portfolio.
108  Other / Politics & Society / Re: could a gun nut please tell me on: April 09, 2013, 12:12:25 PM
Those are light machine guns that are intended for use as area denial. You don't really need to aim as much as you need to be able to swap out magazines quickly. Point in the general direction of a swarm of attackers and spray. The guys behind them with the AKs can take care of the shooting where aiming is important.
109  Economy / Service Discussion / Re: Buying gold with bitcoins on: April 09, 2013, 12:10:40 AM
I have ordered from Amagi Metals and had a good experience. Recommended.

I also sell gold, but in a form more intended for use as an alternative currency than as an investment. ShireSilver.com Our Twentieth Gram Gold Card is the world's smallest physical gold trade unit.
Note that our integrated bitcoin acceptance is temporarily down, but we can do it the old fashioned way.
110  Economy / Goods / Re: Prototype: Cold-Storage Wallet Card - Fireproof, Waterproof, Magnetproof, etc! on: April 07, 2013, 01:07:58 PM
I wouldn't trust it for sums worth paying $10/card for unless it uses something like Shamir's Secret Sharing or the BIP-XX(?) that Casascius has talked about using. That is, there should be a way that I can order a card and you only ever see part of the private key so there's no way you could steal from the account. Simply asking customers to believe you have destroyed the copy you have is insufficient.

I do like the idea of using stainless steel as long as the data is stamped into the card and not simply printed onto it. The metal might be able to withstand high temps, but the ink likely would not.
111  Bitcoin / Press / Re: BLOOMBERG - Bitcoin Really Is an Existential Threat to the Modern Liberal State on: April 06, 2013, 02:18:53 PM
I really don't like the headline because it will tend to make liberals be opposed to bitcoins when they should be welcoming it.

And as far as taxes, yes bitcoin can eventually lead to the elimination of transaction based taxation, but real estate taxes are pretty much inescapable so I foresee governments switching most taxes over to that. They will probably have to lower overall taxation though.
112  Economy / Goods / Re: George's Famous Baklava - baklava for bitcoins! on: April 05, 2013, 12:55:09 PM
For those who don't know what Baklava is (I didn't):  http://en.wikipedia.org/wiki/Baklava

Basically, it looks/sounds delicious.

Yes, it is. I've had George's Baklava and it very much is. I've also had it deep fried which is orgasmic.
113  Bitcoin / Press / Re: 2013-04-04 Bloomberg 'Sorry, Libertarians, History Shows Bitcoin Isn't Future' on: April 05, 2013, 12:30:50 PM
So many fallacies, so little time.  I'll just indulge myself on this one:

Quote
Also, a private mint will always have the incentive to say its coins contain more high-value stuff than they actually do.

As opposed to governments in the fiat era, who don't even bother to hide monetary debasement and instead just cloak it using fancy terms such as Quantitative Easing.


Yep. I run a private mint, and I make sure to put more in my products than they say they are because I want to make sure my customers are satisfied. You never know who is going to try to verify the accuracy of your claims and if they know how to calibrate their equipment, so putting a little more in there just makes good sense from a business standpoint.
114  Economy / Trading Discussion / Re: Alternative format: what would you want as a physical wallet for your bitcoins? on: April 04, 2013, 08:10:41 PM
Honestly our lives would just be easier if we could go just with physical metal coins such as gold, silver, or likely an alloy of some kind with lower value... And use bitcoins for all transactions where connections are available. Small purchases could be made with physical coins or bitcoins, and large purchases should generally always require bitcoins. Unless you want to carry some silver bricks around when you want to buy a car.

Exactly. Use bitcoins when you can, and use Shire Silver cards for in-person non-digital transactions.  Grin
115  Economy / Service Announcements / Re: Amagi Metals - Largest Selection of Gold & Silver for Bitcoins on: April 04, 2013, 12:25:52 AM
In the mean time, Tonto, maybe consider the even cooler Shire Silver cards. Amagi Metals should be come a reseller too, especially now that we have better bulk purchasing options.
116  Economy / Securities / Re: FeedZeBirds UPDATE Feb 9, 2013 on: April 03, 2013, 11:46:16 PM
I talked to Erik a few days ago, I contacted James and he gave me the list for FZB to give to Erik Smiley
So it's now in his hands!


Why did he give the list to you instead of Erik? That seems like a breach of security? (You seem a trustworthy enough guy, buy why take the risk instead of just handing it to Erik several months ago?)

DT was the person actually managing the FZB asset, IIRC.
117  Other / Beginners & Help / Re: So why does everyone hate Freicoin? O_o on: April 02, 2013, 12:47:09 PM
Yeah, demurrage is a really bad idea.

I know the proponents say "but Worgl!", and I respond that the Worgl experiment didn't run long enough to prove that the idea had any value. It also would have needed to be tested in competition with as many other currency ideas as the market would have provided but it didn't - it was only tested against a failing fiat currency.
118  Bitcoin / Bitcoin Discussion / Re: Dinosaur Innovation - Peter Schiff promotes the CombiBar on: April 02, 2013, 03:18:58 AM
Yep, I had the opportunity to show Peter my Shire Silver cards a year ago but didn't bother because he's pretty clearly stuck in traditional investment thinking.

I do like the combi bar idea, and had tried to do something similar a few years before these hit the scene. I just couldn't make it work economically, and it doesn't really make sense as a currency. Its a kind of a cross between an investment and a OMGTSHTFWTF temporary currency for a scenario that isn't really likely to happen.

That said, this does seem to indicate he's learning and will eventually get on board. Its just going to take some time and some profit incentive.
119  Bitcoin / Press / Re: 2013-03-27 The Motley Fool: A Short Guide to Understanding Bitcoins on: March 28, 2013, 02:33:46 PM
I gave up on the Fools when they gave up on their original Foolish Four idea. It was a simple way to get respectable returns that anyone could understand. That was the whole point. But they thought they could be smarter than the market, by doing a lot more work, to improve the returns. Totally defeated the purpose of their original idea, and also had too much hubris.
120  Other / Beginners & Help / Re: What prevents govt from forcing online retailer to give up your shippingaddress? on: March 27, 2013, 03:48:29 PM
What prevents the government from forcing Shire Silver to give up shipping addresses is that we routinely delete old fulfilled orders. Its called database maintenance  Grin

Plus we're agorist and even if they come to us with a warrant we'll just tell them to pound sand. Yes, I'm willing to go to jail for that, and we have contingency plans in place if that happens.
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