I want power pushed back to the cities and counties.  In the proposition, I want the current sales tax to be diverted to the cities for 1 year, and to the county if you are not in a city.  After that the sales tax ended.  However, most likely voted on by the residents of that city.  Thus I hope to create a system where different cities will have different taxes and some cities will have no taxes.  Thus, I can move and shop there.

Any ideas on how to get this started?
Do you like the idea?

If you actually listen and understand what Romney says you will see he follows Paul almost 100% on economic issues,  except for ending the fed and supporting the bank bailouts.  On social issues they are similar, federal government should not be involved.  They are both from the working sector.  They both have character.  Both understand that people work at corporations and stockholders are people.  They understand the importance of the choice in the private sector as oppose to planners in the public sector.   Both oppose unions,  that they prevent people from getting jobs there.  Both support a strong defense at home.  

I support both Ron Paul and Mitt Romney.

To me this is the perfect ticket.  With Ron Paul you gain the younger vote, the Texas south vote, and you also get a large percentage from the left.  The only demographic you hurt is women who don't like Ron Paul.

RP still attracts massive crowds, and if Paul gave a 10 minute warm-up and Romney at 20 minute crusher, poor ole Obama will be back in Hawaii  in no time.  Maybe the GOP, can sign off on it if RP agree to keep defense spending adjusted for inflation when he was in the service.

Because cpi includes productivity, 1% population growth, use of the dollar overseas, and possibly the savings habits of the rich.

This exercise was to show that almost all government ideas to help people do the exact opposite they hurt the poor and working.  Allow business healthcare deduction, you increase the cost of health care.  You increase the student loan requirements and interest, you increase defaults and put more burden on the responsible, at the same time raising the cost of education.   You create government jobs, you make people work longer hours.  You give people time off from work, you force the honest workers to work longer hours.  Run massive deficits, you steal from grandmas savings account.  You tax the honest people, the dishonest people and government will grow stronger.   you give GM a tax break or loan, the other companies have to work longer hours for less pay.  You allow the post office to run in the red for so long, you increase the total cost of postage.  The government gets involved in jobs and job making, to allow the depression to lengthen.  You support unions, you deny the poor the right to work at good jobs.  You support solar credits, you support a carbon tax (which I do).

To prevent this all taxes other than defense and law should be voluntary.

It was only $20 for a very short period of time when there was a media blitz on it.  January 2011 it was like $0.30 and ended the year at like $4.  I think it will in take use and time.  I expect $10 bitcoin at the end of the year.

Since 2000 the average national debt inflation has been 7.8%.  Since 1971, this number has been about 8%.  This number is the change in national debt year over year.  Now if you take out a loan for 3%, and put it in an asset that does not lose money, you are making a return on the poor sap and fool that keeps their money in U.S. fiat bank account.

Homes imho, are undervalued in the U.S.A. right now.  The cost of materials to make a house is greater than the cost of the house in many cases.  Thus, if you bought a home in say Las Vegas for $100,000 over 30 years, basically the savers of the world bought you a house.  You basically took their money out of their account with the blessing of congress and the president.  Not only that, it is tax deductible.  You default on your loan, you can get your credit back in 3 years and the morons treat you as a victim of banks.

As an analogy, everyone has a water tank and a spicket of water flow for cost of living, entertainment, and travel.  If you have a tank full of water and prices drop your tank effectively got fuller.  As result you will have more money to spend.  Thus, you can turn the spicket up more.  Nobody hoards in safe investments or currency for the fun of it.  They do so to buy something in the future or for emergencies.  Eventually the water flowing out of spickets of society equals the money flowing into savings accounts of society.  You have a balance or no deflation.  

Inflation does not cause people to invest, it makes people have less return on their cash and investments.  They go towards food stamps, teaching, militarism, and debt.

 

Bitcoin will be a deflationary currency, in 20 years.  The inflation rate will drop to less than 10% in a couple years.  IOC, IXC, liquidcoin, and Solidcoin will have less inflation sooner.  

Unless you are a banking billionaire.  Inflating currencies rob from businesses, thus billionaires.  Buffett and the poor would be far richer on a gold standard.

Krugman and Reich are just trolls of big government.   Nobody listens to them except government employees such as teachers.  They put Krugman in movies to deceive the young minds that know no better.

Suppose the value of bitcoin at any given time in terms of wealth is x.   Deflation will happen if, the amount of wealth and services increase, the amount of saving increases, lost coins, or the population or number of users of bitcoin increases.

Suppose the total amount of bitcoin is the amount of water in the world, and it is the only currency in the world.   Thus you own a 40,000 gallon tank 3/4 full of bitcoin.  Thus you own 30,000 gallons of bitcoin.  Suppose your expenses are 100 gallons of bitcoin a day.  The point being you have some expenses.

Sum all the expense in society and you have total expenses and say that number is 107,303 gallons per day.  Now suppose the amount of savings or hoarding only allows 1,000 gallons to be spent.  What is going to happen is that hoarding will result in deflation, but there will be a point where spending will equal savings and deflation will stop.  The water of society will be flowing from tank to tank.

Yes over time, there might be 5% deflation a year from all 4 reasons above, but that is good for society because instead of people worrying about losing their money to inflation, buying gold, obtaining debt to counteract the inflation tax, they will just keep their money in the currency.

This is exactly what happened in the 19th century in the United States, where we became a small nation to one of the most economic powerhouses.  Instead of worrying about gold, people thought about capital and savings.

In summary Bitcoin is much better than liquidcoin or gold, where new coins will always be added.

I was looking at the posts and there were like 20 LTC threads going.  Maybe we could have a stickied thread for each of the top 10 coins like they do for the miners

NMC
IXC
I0C
GG
TBX
FBX
SC
LTC
LQC

I think it should be based on their lifespan.  Thus no coin gets advantage based on number of posts.
 

I really think someone should make a better ltc, sc, lqc, ioc, or ixc betting system.  betsofbitcoin does not seem a good way to make bets since the volume of bets are too low.  I live in government controlled USA so I can't do this.

1. What is the bet?
I bet Rick Santorum will win the republican nominee for president in 2012

2. What are the odds on the bet (3:1 for example)?
1:10

3. How much do you want to bet (10 LQC for example)?
100 BTC

4. When is the last date to accept the bet (07-21-2011 24:00 for example)?
02-21-2012 23:00

5. When will the bet be complete?
08-31-2012 12:00

Enter


I bet Rick Santorum will win the republican nominee for president in 2012, the odds are 1:10, I bet 100 BTC, the last date to accept is 02-21-2012 23:00, and the bet will be complete on 08-31-2012 12:00. Please enter 1000 BTC

Is this correct, the current charge to make a bet is 0.2 BTC?

yes-no

The bet is confirmed and open:

Bet ID #3011734. I bet Rick Santorum will win the republican nominee for president in 2012, the odds are 1:10, I bet 100 BTC, the last date to accept is 02-21-2012 23:00, and the bet will be complete on 08-31-2012 12:00. Please the first to enter 1000 BTC before the closing date.

See list of
(o)pen,(a)ctive,(c)omplete,(p)aid bets.








 

Sometime around 9/20/12 block 437,500 will be hit.
But still 23,040 coins are made a day compared to 13,824 for ixc.  In about 3 months lqc will be putting out 250 a day.  SC about 50 per day. LTC and BTC 7200 a day.  But, December 13, BTC will be putting out 3600 a day which should lift BTC above $10.

I wish solidcoinmafia would make a solidcoindeleto pool.  Where 25% of the mining pool is converted to SC and deleted.

1. Worked well with coiled coin.

None of the coins have died yet, except coiled coin which was taken down.  FBX and TBX might, but I0C and IXC ran without an exchange for about 1 month.  I think it will grow, because unlike gold there are not hidden massive reserves on the moon or Eros.  Otherwise it mimics gold.

So maybe beertokens, coiled, and weeds.  I was really interested in weeds because they pre-mined 10,000,000 and had no mining.  But the exchange had no orders.

Have you tried to run windows software with wine.

apt-get install wine
http://appdb.winehq.org/objectManager.php?sClass=category&iId=31&sAction=view&sTitle=Browse+Applications

http://video.online-convert.com/convert-to-wmv


 1JKmVbCxmiFPzDq4zbXTwvacteoybVpAeG

$status = yes  the item is still for sale
$status = no   the item is sold

The data above is stored in the blockchain.  Yes the block-chain might be big or it can be a sister block chain.  Thus when a item is sold $sid and $status is sent to the block notifying everyone the item is sold. When feedback is done $sid and $feedback variables sent to updating the coin address feedback information.

Very complicated and will not do more posts unless someone comments.  However, open transactions probably solves a lot of this but just thought it was a neat idea.
 

liquidcoin is on fire. 

161 BTC volume for LTC today already at btc-e.com is there something up?