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82
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Bitcoin / Legal / Bitcoin US trademark opposition
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on: December 09, 2014, 03:08:38 AM
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I filed a 30-day extension today. I drafted an opposition and I have until early January to file it. Since Bitcoin is not owned by anyone there is generally nobody to oppose these things. The Foundation said they were looking into it about 18 months ago but I have never heard anything. Advice from someone who knows about TTAB filings would be good. If someone want to file an opposition there is 3 days left to get an extension. https://cointext.com/bitcoin-trademark-opposition-3-day-extension-filed/ |
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83
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Bitcoin / Bitcoin Discussion / Re: SilkRoad 2 Taken down by Feds
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on: November 07, 2014, 02:00:35 PM
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The term is idiot-savant where someone knows a lot about one specific thing but is completely clueless about the rest of the world. There are many of those involved in Bitcoin. So, yes, someone can do some coding but still be "young, unprofessional, greedy, foolish, and all around uneducated" and I see it all the time in Bitcoin.
We can quibble about the other qualities but "all around uneducated" wouldn't be a descriptor that most(98%+ surveyed) would describe someone of his education and abilities. I wouldn't have responded if "all around uneducated" was replaced by "lack of common sense" or "lack of street smarts" or "capricious" or "irresponsibly sloppy". Those descriptors would make such a comment "arguable" and thus a reasonable opinion. You sound exactly like those people who post long ranting comments that one political party is responsible for everything wrong in the world. They are called "wing nuts." There is no point in discussing anything with them because they are crazy. There are good and bad aspects about everything and most things are a grey area rather than black and white. Just try to stop making Bitcoin look ridiculous with your rhetoric because the success of Bitcoin is not going to validate your agenda. |
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84
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Bitcoin / Bitcoin Discussion / Re: SilkRoad 2 Taken down by Feds
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on: November 07, 2014, 01:08:46 PM
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Bound to happen when the founder/owner is young, unprofessional, greedy, foolish, and all around uneducated.
The alleged owner was an educated and prolific software engineer and entrepreneur who contributed to multiple repositories and also previously worked as a software engineer at Space Exploration Technologies Corp. Your comment is both slanderous and ignorant. How would you know? You make a gazillion childish and ignorant comments and you come across as extremely uneducated about the world. The term is idiot-savant where someone knows a lot about one specific thing but is completely clueless about the rest of the world. There are many of those involved in Bitcoin. So, yes, someone can do some coding but still be "young, unprofessional, greedy, foolish, and all around uneducated" and I see it all the time in Bitcoin. |
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85
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Bitcoin / Bitcoin Discussion / Re: A MUST READ: Bitcoin In The Trenches of A Global Economic Warfare
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on: November 05, 2014, 01:32:27 AM
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Bitcoin can be copied in a gazillion alt coins. I see this fallacious argument all the time. Bitcoin's most valuable aspect is that it has the most powerful computer network in the world securing it. This aspect cannot and will not ever be copied. Altcoins are irrelevant. Unless you believe you can start selling people phone contracts without any cell network on which to use them? That's essentially what every altcoin is doing, and sooner or later they will all fail to hold any value as a result. http://trilema.com/2014/the-woes-of-altcoin-or-why-there-is-no-such-thing-as-cryptocurrencies/You miss the point, nothing in the Bitcoin protocol involves a store of value, it is how people use Bitcoin. There is nothing stopping an Altcoin from developing its own network effect and overtaking Bitcoin. Even if there were no network effect there is nothing stopping people from putting value into something other than Bitcoin. Further, security is not the only thing contributing to the exchange rate of Bitcoin and that security erodes as the exchange rate declines. Store of value is not an intrinsic aspect of Bitcoin. Also, "most powerful computer network in the world securing it" is hyperbole. It is specialized double she256 computers that can't do anything else. If an Asian government who has chip manufacturers under its control wanted to they could do a 51% attack fairly easily. However, if that happened people could switch to another algorithm/altcoin, etc. Bitcoin is currently a tiny fragile system that hardly anyone uses. It has a slow linear growth for the most part https://blockchain.info/charts/n-transactions-excluding-popular?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=I don't know what that link is supposed to be about but that guy is well known to post all kinds of weird stuff and he runs fantasy investment schemes on here. He makes wild accusations and he wants Preston Byrne "hanged" because he is not Libertarian enough for him ( http://prestonbyrne.com/2014/08/19/interview-on-lets-talk-bitcoin-no-137-the-eye-of-the-beholder/). I bought a web site from that guy (Bitcoin.me). A transaction that normally takes 3 day took months. the escrow agent had to spend weeks trying to get that guy to finalize the deal. These are the kind of people who are using Bitcoin to promote an agenda, have no idea what they are talking about, and damage Bitcoin's reputation. I can't believe anyone would reference that guy's web site. The article references someone with a lot of hashing power screwing up a crypto currency by raising the difficulty sky high and then dropping out of mining. It has been done but some coins have put in a security measure by not allowing the hash rate to change more than a certain amount during retargeting. That is a risk of all crytocurrencies. No, you are missing the point. It's easy to create an altcoin. Not so easy to recreate the network security of the existing bitcoin network, not to mention merchant acceptance, BTC websites and so forth. You could more accurately say that dollars are worthless because anyone can create a gazillion alt-dollars. Fiat can be imitated, in principle, same as crypto. But people might trust fiat backed by Bob the neighborhood mechanic less than fiat backed by the Federal Reserve. So the real issue is who do you trust more? The endlessly inflationary Fed? Or the money-supply limited Bitcoin protocol? For all its shortcomings, over the long haul I vote Bitcoin. The point is there is nothing intrinsically within the Bitcoin protocol that maintains the value of an individual Bitcoin, it is in the way people use it. It may turn out that it keeps it value because of the reasons stated but it is also possible that it may not. The other point is that Bitcoin is still minuscule as compared to other currencies and it is still very fragile. There is very little merchant/user acceptance and the vast majority of people are not sitting around comparing holding Bitcoin as opposed to other currencies. The only people who talk as if Bitcoin is some huge economy are people who use Bitcoin to promote their agenda. They tie the success of their agenda to the success of Bitcoin and they exaggerate its importance. I even hear this at Bitcoin conferences where some claim Bitcoin is undergoing "exponential growth" and they talk about some huge economy. The discussion is usually tied to some fantasy claim of a "revolution," that the financial system is on the verge of collapse, and everyone is switching to Bitcoin. |
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86
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Bitcoin / Bitcoin Discussion / Re: A MUST READ: Bitcoin In The Trenches of A Global Economic Warfare
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on: November 05, 2014, 12:59:13 AM
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Bitcoin can be copied in a gazillion alt coins. I see this fallacious argument all the time. Bitcoin's most valuable aspect is that it has the most powerful computer network in the world securing it. This aspect cannot and will not ever be copied. Altcoins are irrelevant. Unless you believe you can start selling people phone contracts without any cell network on which to use them? That's essentially what every altcoin is doing, and sooner or later they will all fail to hold any value as a result. http://trilema.com/2014/the-woes-of-altcoin-or-why-there-is-no-such-thing-as-cryptocurrencies/You miss the point, nothing in the Bitcoin protocol involves a store of value, it is how people use Bitcoin. There is nothing stopping an Altcoin from developing its own network effect and overtaking Bitcoin. Even if there were no network effect there is nothing stopping people from putting value into something other than Bitcoin. Further, security is not the only thing contributing to the exchange rate of Bitcoin and that security erodes as the exchange rate declines. Store of value is not an intrinsic aspect of Bitcoin. Also, "most powerful computer network in the world securing it" is hyperbole. It is specialized double she256 computers that can't do anything else. If an Asian government who has chip manufacturers under its control wanted to they could do a 51% attack fairly easily. However, if that happened people could switch to another algorithm/altcoin, etc. Bitcoin is currently a tiny fragile system that hardly anyone uses. It has a slow linear growth for the most part https://blockchain.info/charts/n-transactions-excluding-popular?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=I don't know what that link is supposed to be about but that guy is well known to post all kinds of weird stuff and he runs fantasy investment schemes on here. He makes wild accusations and he wants Preston Byrne "hanged" because he is not Libertarian enough for him ( http://prestonbyrne.com/2014/08/19/interview-on-lets-talk-bitcoin-no-137-the-eye-of-the-beholder/). I bought a web site from that guy (Bitcoin.me). A transaction that normally takes 3 day took months. the escrow agent had to spend weeks trying to get that guy to finalize the deal. These are the kind of people who are using Bitcoin to promote an agenda, have no idea what they are talking about, and damage Bitcoin's reputation. I can't believe anyone would reference that guy's web site. The article references someone with a lot of hashing power screwing up a crypto currency by raising the difficulty sky high and then dropping out of mining. It has been done but some coins have put in a security measure by not allowing the hash rate to change more than a certain amount during retargeting. That is a risk of all crytocurrencies. |
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87
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Bitcoin / Bitcoin Discussion / Re: A MUST READ: Bitcoin In The Trenches of A Global Economic Warfare
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on: November 04, 2014, 12:49:14 PM
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Bitcoin is a speck of dust compared to the other currencies discussed. To talk like Bitcoin is affecting these or that it is "in the trenches" is ridiculous. Claiming Bitcoin is "the strongest, most secure, Store of Value mankind has ever created" is beyond ridiculous. Bitcoin can be copied in a gazillion alt coins. Bitcoin does not store value unless people put value in it and not other things.
These crazy articles of how Bitcoin is currently competing with national does nothing except scare normal people away and makes Bitcoin weaker in the end. The people who write articles like that play too many video games.
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88
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Bitcoin / Bitcoin Discussion / Re: Shipping Companies as Escrow Services
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on: November 03, 2014, 12:18:46 PM
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Escrow is when a third party hold the funds while the transaction is taking place to help ensure neither party loses their funds or property/services. Since escrow agents hold funds for other they normally need a license and be bonded/insured in case they lose the funds.
The multi-sig transactions are not really escrow since they don't hold the funds.
Escrow is not dispute resolution. It is a conflict of interest for an escrow agent to resolve disputes of parties who pay them for escrow services. Escrow agents use independent third parties to resolve disputes. You can look at the agreements at escrow.com to see how it works.
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93
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Other / Politics & Society / Re: Are Bitcoiners Neoliberals?
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on: October 31, 2014, 01:09:10 PM
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Yeah, that is great, just don't answer my question, because it shows a big flaw in your argument of "free choice".
Going on an abstract level, when there is a concrete question is just weak.
No. I answered why third world countries tend to have working conditions, hours, and pay that don't come anywhere near to matching the first world, then you one-line bald-faced swapped the topic out to sex trafficking which is a different issue. To me, that signaled that you either have zero integrity, or you have zero capacity of following a conversation. In either case, why should I waste my time on you? Why do you waste time on any of this delusional stuff? The only thing you are doing is making Bitcoin look ridiculous. |
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94
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Other / Politics & Society / Re: Are Bitcoiners Neoliberals?
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on: October 31, 2014, 12:01:25 AM
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The closer you get to achieving it, the more prosperous you become.
No, there is balance between that is optimal. If the State gets too large it damages the free market. If the State gets too small markets can't operate and things degrade. Many of the youngsters who call themselves "anarchists" and claim the blockchain will solve all the world's problems don't get this. |
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95
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Bitcoin / Bitcoin Discussion / Re: Are bitcoiners regular at Facebook ?
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on: October 29, 2014, 02:41:00 PM
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Why are people so against Facebook? They aren't the only group/people that want your information.
If you hate Facebook you must also hate:
Google
Apple
Microsoft
Which means you probably don't use a computer at all either right?
... and don't forget the Internet and Tor were developed by the government. |
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96
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Other / Politics & Society / Re: Are Bitcoiners Neoliberals?
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on: October 28, 2014, 10:49:12 PM
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I'm definitely not a neo-liberal. I'm a total Anarchist with the most extreme views. I feel that every government should be disbanded and replaced with companies that are staffed with volunteers who work to serve the citizens of their country
Education in it's current form should be outlawed because all that we are seeing today is the dumbing down of the worlds populace. Creativity should be at the forefront, not the ability to regurgitate information. Police power should be severely reduced and restricted
The requester of any form of a TAX should be charged with treason and left to hang. If the state needs to be funded they can add VAT to every retail product which is more morally correct
and finance should be totally deregulated so that we can finally usher in the age of the bitcoin for the masses
This reminds me the Dead Milkmen song, Punk Rock Girl We went to the Philly Pizza Company
And ordered some hot tea
The waitress said well no, we only have it iced
So we jumped up on the table and shouted anarchy https://www.youtube.com/watch?v=ZyaK3jo4Sl4 |
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100
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Bitcoin / Legal / Re: Bitcoin nut job sues NY State for $1 Billion
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on: October 28, 2014, 01:51:18 AM
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Maybe I'm just capitulating here, but I think we're in a lot of trouble in terms of Bitcoin's long-term viability. The new FinCEN ruling today, might just be the "writing on the wall". IMO.  they just applied their well-known rules. I don't see it as much of a change at all. |
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