Latest posts of: ShireSilver

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Quote from: jwzguy on March 05, 2013, 11:52:31 PM

if there's something on another site, post a link, ask for help.

Here's what I want to buy with bitcoins: http://www.google.com/nexus/10/ AKA https://play.google.com/store/devices/details?id=nexus_10_32gb

Quote from: No_2 on March 05, 2013, 10:06:02 PM

I subsequently read that in the US constitution that article I, section 8, clause 5 states that money cannot be freely printed and must be based on transactions of Gold and Silver...

Not quite correct. The Constitution only prohibits state governments from coining money, but it doesn't prohibit individuals from doing so. It also prohibits state governments from declaring anything other than silver and gold coin as legal tender, but it doesn't prevent the federal government from declaring anything it wants to be legal tender. The feds have decided that they are the only ones that can produce silver and gold "coin" (by defining it), so the states cannot make AOCS or NWTM or any other sort of bullion be legal tender. That doesn't, however, prevent a state government from accepting them as non-legal-tender currencies.

A friend of mine who I respect just posted this
http://labs.newsint.co.uk/blog/2012/10/why-mozilla-persona-is-the-right-answer-to-the-question-of-identity/

Quote

Why do we need another identity system?

Let’s outline some of the issues with OpenID and oAuth:

OpenID uses URLs as identities.
While fundamentally this is a good idea, it can be confusing for users and therefore results in bizarre login systems that ask you to ‘choose a service to login with’ such as Google, LiveJournal, etc. when you’re not really logging in with them at all.
Most sites would like at least an email address to be able to contact you, so will almost always require an additional step after logging in for the first time.
OpenID is a jarring login process; you have to completely leave the site you are on and return after authenticating with a third-party. The same can be said for oAuth (though some oAuth implementations allow single-click sign on processes such as Twitter).
oAuth is complicated for developers to implement, requiring the storage and management of tokens. There are also several versions of the protocol, and sometimes extra authentication cruft on top (for example Google’s refresh tokens).
Both OpenID and oAuth allow your identity provider (be it Google, Facebook, Twitter) to track every website you sign in to.

Quote from: Spaceman_Spiff on February 27, 2013, 10:58:50 PM

Quote from: PeakOil

Bitcoin as a store of value or "wealth", no. But as a short term medium of exchange quite possibly.

This is the sort of open-minded person you want to reach and have look into bitcoin.
I presume a number of ZH lurkers will have similar thoughts.

That's the exact route that got me understanding it. First accept it as merely a medium of exchange, then after using it a bit finally start to understand the full value.

Quote from: remotemass on February 26, 2013, 09:48:28 AM

http://www.bitcointrading.com/pdf/AndroulakiB09.pdf

Is there a version of this meant for people to read? I don't have a printer and the only reason to EVER use PDF is if you want something to be printed and don't care if anyone actually reads it. But the description sounds intriguing.

Quote from: Atruk on February 27, 2013, 08:30:41 AM

Would it be too much to lock in a 1 gram silver purchase in this thread. I'll trade 0.08 BTC for one of your 1 gram silver cards. We PM over detail and the shipping address then you post a receiving address here before I send.

Why not just use the website? 0.08btc is a good price for the card, but shipping is around $3 for domestic U.S. as I always use tracking and ship as a package and not a letter. The website automatically calculates international shipping as well.

Quote from: 13Charlie on February 27, 2013, 01:52:37 PM

Also, what about laws governing currency exchanges?
Would the new BATM owner not be regulated by these laws?
Would they have to buy a BATM and a currency exchange license?

I just want to point out that here in New Hampshire, destination of the Free State Project, devices like this are covered under vending machine laws and not ATM laws as long as they aren't depositing into bank accounts. The fact that this machine is limited in functionality actually gives it an advantage in that it can slip around regulatory hurdles.

Oh how I wish Shire Silver could pose a threat to bitcoin Tongue

but actually it does seem to complement it well.

I see ripple as a way to add flexibility to the basic bitcoin economy, expanding and subtracting supply through self-clearing debt mechanisms mostly used in a B2B fashion.

IMHO for a new currency to successfully compete against bitcoin on its own territory it would have to have recurring payments as well as significantly faster (as in seconds) confirmations.

The address you want is http://www.lamassubtc.com/

I used the machine and was suitably impressed.

Quote from: bluedye on February 26, 2013, 07:11:26 PM

Quote from: minimalB on February 26, 2013, 03:38:40 PM

Have you checked bitmit.net? There are few selling silver / gold with escrow.

What about coinabul.com? Are they US only or do they also have office in EU?

I wrote to Coinabul and they will ship to EU. I have found 2 official exchangers who ship to the EU:

1. coinabul.com (N.B. - apparently silver gets VAT more often than gold when shipping to EU)

2. bitcoincommodities.com

Shire Silver ships world wide too, although our products are more of a currency than an investment.

Quote from: 21after2 on February 26, 2013, 02:55:24 AM

I hadn't heard of Shire Silver before, but it's a pretty neat idea. I've never really been into silver and gold, but a pocket sized silver card would be fun to add to my currency collection, lol!

When you order, don't forget to use coupon code BITCOIN for 1% off (if you're paying with bitcoins). We have gold cards too, including the world's smallest physical gold trade unit at a twentieth of a gram.

That ATM is damn nice.

Generation of vanity addresses is expensive. I've generated one and it took more than a day on my computer. There are services that will generate them for you for a price, but then you have to trust them not to use the private address.

Do a forum search for "colored coin" for what is likely a better solution.

I used the machine and they did a good job on it. There's a few finishing touches it needs, but I think it can be very successful.

IMHO they just need to

Hide the guts that are visible through the scan window
Improve the camera so smaller QR codes can be used
Harden the case

I have a business card (laminated) with an address QR code on it, and it was too small. They were able to work around that, and the deposits to your wallet are lightning fast.

Overall, very impressed.

Shire Silver sells gold but not of the investment variety. We are an alternative currency, made to fit bullion into your wallet. If all you want is to stick some in a safe and forget about it until the economy crashes of there's a huge rise in gold prices, don't bother.

But if you want a good complement to your bitcoins and would like to help restore a sound money economy with a local currency that has global reach and universal value, check us out. We think you'll be pleased.

Check out http://www.hmvbullion.com/ They might not be in Singapore, but if not they'd probably be able to guide you. Tell them Shire Silver sent you.

Quote from: 21after2 on February 21, 2013, 10:09:48 PM

Quote from: ShireSilver on February 21, 2013, 12:17:49 PM

I've been an elected official. I walked in to the town office on the last day of filing, asked to see the filing sheets, paid the dollar, and put my name down for a position that no one was running in. Won easily Grin

That's the plan!

I've been going to city council meetings to see what really matters to the community, and I plan on visiting local businesses after tax season to see what concerns or complaints they have. I'm also seeking appointment on the Economic Development Committee so I can start working with some of the businesses in the area.

What position did you run for?

Well, the one I got elected to was Trustee of the Trust Funds. Basically just observing the accounting of the town's funds, including where they're invested.

I did foolishly run for Congress several years prior in another state. I spent $2,000 of my own money on the race, but the guy that won loaned his campaign $150,000 - lesson learned, never use your own money unless its an investment. I'm sure his investment has paid off hugely, and not just in the interest he probably charged his campaign.

Of course it did help some that I'd been active in the community, working as a volunteer reporter for the community newspaper. I'd also attended many of the board of selectman (town council) meetings as well as most of the school board meetings. Even though I haven't lived in that town for over 3 years now, when I go back a lot of folks remember me and ask how I've been.

Step one, before even deciding what to run for is to be active in the community. Get known by locals as a good and helpful person. Volunteer for things. Build up a good reputation.

Quote from: sunnankar on February 20, 2013, 05:49:51 PM

Quote from: hazek on February 20, 2013, 02:00:47 PM

Plus I can live in my home, where I am right now, hold my wealth in bitcoins and not give a shit about any financial or tax laws. I'm not saying that I do this (wink wink government agent reading this) but I'm saying I have that option. So I really don't know what more I'd get living on a boat in the middle of the ocean.

Seems everyone, particularly gold bugs who fret a currency collapse, are still tied to this medieval serf mentality of 'where should I go'. It is surprising how people do not seem to comprehend the idea that the idea of America has moved from North America and not to a physical location but to Cipherspace.

Good point. I've been slowly downsizing physical possessions and moving more of my "stuff" to the cloud. I also have a friend who is an avid reader, and who loves e-books because then if anyone tries to seize his possessions he can just erase them and all the value is gone.

Quote from: hazek on February 20, 2013, 02:00:47 PM

Patri Friedman's idea has a huge flaw that turned me off and should turn you off as well.

The flaw is that his idea relies on hope, the hope that governments around the world wont see a seastead as something hostile to them and just flat out destroy it.

That's one of the things I like about the Free State Project. If they ever tried to cage/arrest all the freestaters they'd have to arrest a significant portion of the state legislature as well as dozens of lesser office holders. There's over a thousand of us here already, and the migration hasn't even officially started; not to mention all the natives we've befriended. Heck, I've been here longer than anti-freestater Cynthia Chase Grin