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221  Other / Politics & Society / Re: How the GOP could save the USA. on: November 08, 2012, 04:48:47 PM
What the GOP needs to do to ever win any election again... is to absorb the libertarian candidates and run them as republicans. Then put the existing campaign machine into action for them. I bet we'd see votes in the range of 70-80%.

Ah well we can dream...

Or move to New Hampshire where that very thing is happening. Check out Mark Warden's example, for instance. Its still very much a work in progress, but it is working. Heck, we even got two of "us" elected to the state house as democrats.
222  Other / Beginners & Help / Re: Colored-bitcoins / Bitcoins 2.X and monetary base resizing. on: November 07, 2012, 04:56:50 PM
From what I know the economy requires resizing (usualy expanding, but sometimes shrinking too) of monetary base according to underlying economy size.

No, it doesn't. Very simply, the valuation of the monetary unit can account for any flexibility needed as the economy grows or shrinks. You only need to change the size of the monetary base to account for the size of the economy if you attempt to fix the price of the monetary unit.

Of course, as Hayek has shown, no one can possibly know with certainty what the price of anything should be, so attempting to fix the price of the monetary unit is foolish.
223  Other / Off-topic / Re: (Poll) US presidential election: who do you hate the least? on: November 06, 2012, 10:28:32 PM
I still want an "I Vetoed" sticker.  Grin
224  Economy / Goods / Re: [WTS] Silver Micro-Bullion from c0ffer on: November 04, 2012, 02:59:16 PM
You should consider doing this with your grain sizes:

I'm sure the tiny bars are too small to be easily handled, especially for older folks or people with disabilities. Putting them in a standard sized package that facilitates easy handling adds value.

IMHO though, we should be trying to move away from the retarded ounce/grain system and just use grams like decent civilized folks  Grin
225  Economy / Goods / Re: | Where Cryptocurrency Meets Café | Oolong Tea NOW AVAILABLE!! on: November 04, 2012, 02:42:59 PM
Definitely need to have a roast type filter and indicators.

Quote from: some anonymous person discussing it on Facebook
I'm already frustrated that nothing is clearly listed as being dark roast or not.

Quote from: some anonymous person discussing it on Facebook
Yeah, I don't want none of that medium roast shit.

Personally I'm a French roast fan, as in when I go to the store I don't even bother looking at other roasts. I suppose I should try an Italian roast some time.
226  Bitcoin / Bitcoin Discussion / Re: [ANN] Bitcoin Friday - Black Friday for Bitcoin Businesses. (Info inside) on: October 30, 2012, 10:46:36 PM
I'm thinking we're going to turn off our paypal & credit card acceptance for the day, and put up a nice big statement in support of bitcoins on the front and checkout pages.
227  Other / Politics & Society / Re: Why are people scared of taxes? on: October 30, 2012, 10:44:21 PM
Yes, they are due to the laws of physics.  There can be only one electric power supplier to every house.  High power cables/wires can't cross each other without interference.  For allowing more than one utility company access to every house, the companies must cooperate to allow for crossings without interfering with the service of the other company.  Why would a company which enjoy a monopoly allow this?  It is not likely, and would be terribly inefficient compared to one cable/line.

LOL, you have the answer right in your response. " the companies must cooperate" And they will if they want to serve customers without the government granting them a monopoly. The same applies to radio frequencies - people will figure out how to share based on their own needs and desires. To think otherwise is to classify them as permanently children.
228  Economy / Gambling / Re: Bruno vs Roger Ver (1st Bitcoin Match) on: October 30, 2012, 03:53:06 PM
I'd bet Roger is a little busy these days, but if this gets for real I know a guy that does MMA videos professionally. He's in the Twin Cities, but I'm sure for the right amount of btc he'd come to Chicago.
229  Economy / Goods / Re: | Where Cryptocurrency Meets Café | (Oolong Tea Coming Soon) on: October 29, 2012, 09:00:25 PM
Got my sample this morning. Got it home and eagerly opened it only to realize it isn't ground! Don't have a grinder - oh no!

I'll figure something out and get to it, probably after Sandy is done wreaking her vengeance.
230  Economy / Services / Re: [ANN] New Website: Spot Metal Prices in BTC on: October 27, 2012, 07:12:36 PM
Thanks for the info, I may pull the metals from your feed. Where do the spot prices come from?

I am now working on an easy implementation that should allow almost anyone to easily add pricing for metals in BTC based on updated spot prices.

All over! We aggregate multiple sources.

At Shire Silver we aggregate from multiple as well. Our products have USD prices available in simple text format at
231  Bitcoin / Development & Technical Discussion / Re: [hint] Making vanilla client to run smoother on Linux on: October 27, 2012, 02:33:57 PM
Thanks! I've been having that problem myself but it hadn't been big enough to be worth investigating myself. Trying it out now.
232  Economy / Scam Accusations / Re: Nefario on: October 24, 2012, 05:04:09 PM
Just got off the phone with James, he said he's not going to be producing trading history for anyone. As for releasing shareholder data, he said that he's asking for the extra coins his script sent out to be returned, and it looks like he won't be releasing shareholder data to issuers until that happens. He said about 3/4 of the extra coins have been returned.

I hope he's not going to wait for 100% of it to be returned. I noticed someone saying they only returned the overpayment after reducing it by the 10% they were still owed so he wouldn't get all of the second pay run back just because of that. Plus there might be some wallets that aren't "live" anymore, so any overpayment sent to those is unlikely to get returned as well.
233  Bitcoin / Project Development / Re: Decentralized BTC Stock Market [Goodbye GLBSE] on: October 24, 2012, 04:25:54 PM
So this is inherently slower than 'atomic coin swap' because in the best case one needs to wait several confirmations, in the worse case one needs to wait for Tx2 lock.

That's why I think doing it on the same blockchain is more efficient

That's a good reason to use a separate blockchain. It slows down the trades, which prevents two potentially harmful things from happening: high-frequency trades and using shares themselves as currency. (At least for the latter it might not prevent it outright but would make the shares less useful as a currency.)
234  Other / Off-topic / Re: Nefario ran his payment script twice on: October 19, 2012, 03:26:07 PM
I think it would be OK for those who got overpaid to hold on to it until the stock ownership info has been appropriately sent to the issuers. And once that happens, sending the overpayment to an escrow would be appropriate as well.
235  Economy / Securities / Re: [GLBSE] An appeal - .csv download on: October 18, 2012, 11:28:45 PM
Even better: Allow us to download a copy of the CSV file which is cryptographically signed by GLBSE. So we can prove to the issuers that the file is genuine.

Better yet, allow us to download crypographically signed statements for each individual stock/bond we own so we can prove to the issuers the file is genuine without needing all the other issuers to know how much of other stocks we own.
236  Economy / Goods / Re: George's Famous Baklava on: October 15, 2012, 09:35:35 PM

This guy accepts bitcoins and this is THE BEST baklava I have ever tasted. Embarrassingly enough, i killed a 3lb order in 2 days.

I sent him an email in hopes he can start posting here, but this stuff is damn good. His shipping and packaging were professional as well.

Sweet zombie Jesus! Houston, we have a severe drool problem up here...

Aahz, they've had it at the club on occasion. The chocolate is damn good too, but the best is when its deep fried!
237  Other / Politics & Society / Re: Chile's Economy was Restructured Under Chicago Economic Theory in the 70s... on: October 14, 2012, 02:56:02 PM
The government is required by law to run a fiscal surplus of at least 1% of GDP. In 2006, the Government of Chile ran a surplus of $11.3 billion, equal to almost 8% of GDP. The Government of Chile continues to pay down its foreign debt, with public debt only 3.9% of GDP at the end of 2006.[/i]

Why do people still say Chicago/Austrian theory is unproven, again? Why haven't I known about this until now?

So that's the whole of Austrian/Chicago economic theory? Run a surplus?

Not really. Here's a very basic view:

Under Keynesianism the government taxes to build the economy's infrastructure and regulate the economy. When times are tough, the government spends more to provide a stimulus to get the economy back into shape. When times are good, the government is supposed to cut back some and store up for hard times. Unfortunately the part of cutting back and storing during good times is politically unrealistic, so Keynesianism fails by not allowing the necessary corrections.

Chicago school economics is similar to Keynesianism except its more concerned with stability and limiting both inflation and government interference in the economy. The people managing things are actually expected to know what they are talking about, unlike under Keynes.

Austrian school economics understands that when government interferes in the economy in any way, it is actually harming the natural regulatory forces of the market.

What happened in Chile sounds like the people running things understood that the best way to stay in control was to manage things better for the economy than for their political careers - which turns out to be the best way to ensure a lasting political career. Running a small surplus and paying down debts has proven to be the best way to manage things because it lets the economy improve itself. If the surplus is too large then the taxpayers will demand refunds, making it harder to pay down long term debts. If there is a deficit then it looks bad for the economy and so it seems less profitable to invest in it, so that harms the economy. Its all pretty simple, but you do have to combat the short term political gains of stimulus and redistribution to get the long term gains of a stronger and healthier economy.
238  Other / Off-topic / Re: Looking for good Paleo Diet recipes on: October 13, 2012, 11:10:01 PM
This morning I had some great pancakes made with xantham gum, coconut flour, and duck eggs. Not sure what else was in there though.

What I like to have for breakfast is a sausage and egg scramble. Saute up some sausage with some veggies (like green and red peppers and/or spinach, maybe some finely diced potato), and when its done add in 2-3 eggs and scramble it all together.

Stir-frys are also really good. Just toss in some meat, cook it for a bit and then add in some chopped frozen veggies (I like the bags of mixed).
239  Economy / Scam Accusations / Re: Nefario on: October 12, 2012, 11:17:24 PM
No actual company would list on a black market except black market businesses.

I won't list my actual business (Shire Silver) on a "white market" exchange. My business it totally legal and legit, but it does directly challenge government power (in the same way bitcoin does) so listing on a regulated exchange would be suicidal.
240  Bitcoin / Bitcoin Discussion / Re: Why is the Occupy movement not immediately embracing bitcoin? on: October 12, 2012, 01:07:20 AM
Im patiently waiting for someone to release something that users of those dirt cheap nokia phones can use.

You mean something like Coinapult?
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