bitcoin is not p2p

[shorena]

To ensure the high value of the share, it must be exists only online. And to ensure that only a few people are online, the system will gives a time limit of 5 minutes (or something like that) to make a transaction and then it will automatically disconnects. And to reconnect again you must fill a captcha.

So I got 50$ from you and have <5 Minutes to buy something with it or its gone?

[1715440494]

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[shorena]

You haven't got 50$. You got a share. It is a p2p model. It is not a capitalistic model like bitcoin.

But everyone has a share that is online, correct? So do I have 2 shares after we traded? I dont understand how this is helping us to do our trade.

[shorena]

The system will automatically disconnects after the transaction. When you disconnect you will have 0 shares.

Sooo you get keys or cheese or a house or whatever, and I get disconnected? I dont think I can follow you...

[shorena]

Ask an economist to help you understand the system.

But its your system, when I go to the next economist and ask him/her about bobos15's system, they will have no idea what to tell me.

[ellen_me]

I do not think that balance on the Bitcoin wallet will just disappear if it is not hacked. I have read somewhere too that Bitcoin uses P2P or it is a peer to peer transaction.

[Pony789]

I do not think that balance on the Bitcoin wallet will just disappear if it is not hacked. I have read somewhere too that Bitcoin uses P2P or it is a peer to peer transaction.

No worries, ellen. The above posts (at least in this page) made by bobos15 and shorena were not discussing bitcoin but a new idea from bobos15.
Your bitcoin is still safe after you close your wallet and switch off your computer.

[shorena]

No i am not trolling. The best way to understand a theory is to make an experiment. So write the software and test it with a small number of peers to see how it works.

You dont want to make a coin

I didn't make any coin. It is only an idea. You can spend the coins but you will always have one share whenever you're online.

You practically send me away when I did not understand your system

Ask an economist to help you understand the system.

You dont answer questions, or not all of them
How is anyone going to understand your theory if you cant even give a simple example? Now you want to make an experiement?

[shorena]

It is a system with fair share of coins. You have 1 share online and you have zero money offline. It is a real p2p coin system. It is like you have 1 share of a corporation. What exactly you don't understand? I cant put my ideas to your brain. I have not magic powers.

Give me an example how a trade with your currency would work.

[giantblckdld]

We are talking about p2p. You don't have to sell something in a p2p economy. You can share it. My system is sharing money. p2p economy is a meta-capitalistic model.

Well I get it but why do you need a payment system then ?
If you are sending a money that you cannot keep then why do you pay at all ?

[shorena]

Some useful informations:
-snip-
http://wealthofthecommons.org/essay/peer-peer-economy-and-new-civilization-centered-around-sustenance-commons

This is indeed a good read, but if you read between the lines they still write about money in a way that bitcoin is money. While this is only one possible future, if we go there, it will be through a phase of transition. Money will not be useless even if we arrived at the p2p society the article envisions. There will allways be use for something that holds value. When I brew beer (great craft, people will allways needs drugs ) and want to trade it for something else, the person that wants the beers might not have what I want. Money itself is not the problem, as the article points out. The taxation is focused on the "wrong" things and a system based on interest can not be sustainable in a finite world.

If you are interessted in topics like these I encurage you to read "the ecotechnic future"
http://www.amazon.de/The-Ecotechnic-Future-Envisioning-Post-Peak/dp/0865716390

Great insights on our society and possible transitions to a more sustainable living.

[ChuckBuck]

I kinda see OP's point.  Anytime you connect to bobo's network you get 1 share, thus the "communist view"

Everyone's on equal ground.  Not one person is a multi millionaire, and not one person has Bitcoin dust.

The spending problem is the flaw in Bobo's peer to peer model.  If I spend all my 1 shares to buy a cheeseburger, disconnect from Bobo network, eat purchased with Bobo money cheeseburger, take a shit, come back to my computer and reconnect to the Bobo peer to peer network, I get another free 1 share of Bobo money.  Now I can buy a 1 share milkshake to settle my stomach.  

Bobo is confusing politics with technology.  P2P networks don't have equal processing power, hardware, connection speeds, or software at the end of each node.  Only common denominator is the Bitcoin protocol and the Blockchain, which is the same for all.

Bitcoin wasn't made to be equilateral for all people using it.  Just like any currency, some people have more gold or silver or fiat than others.  Just because the technology is meant to be accessible to everyone around the world, doesn't mean we all get an equal slice of the pie.

[Chemistry1988]

Capitalism is a very old system and can not work together with automation. My system fits perfectly with automation.

bobos15, I have to give you credit. You are a master troll. Five pages of nonsense and still going strong.

If you believe he is a troll, don't feed the troll.
If you believe he was talking about nonsense, don't argue with him.

[loewen.brad]

We are talking about p2p. You don't have to sell something in a p2p economy. You can share it. My system is sharing money. p2p economy is a meta-capitalistic model.

But... If the idea is to just "share" the coins with whoever is online, why not just do away with it in the first place and just freely share whatever it is you want to trade? What you're trying to describe, a coin that you would no longer own once you disconnect from the network, would not have the ability to act as a store of value. Answer me this... What would be the benefit of a "coin" that has no potential as a store of value? Who would use it?

[Ludi]

You can't be a millionaire in a finite world.

What do you mean by that exactly?

[simtal]

You can't be a millionaire in a finite world.

What do you mean by that exactly?

Everyone can be a millionaire in Zimbabwe

[ChuckBuck]

You can't be a millionaire in a finite world.

What do you mean by that exactly?

Everyone can be a millionaire in Zimbabwe

I bet you can be a billionaire if a Nigerian prince contacts you.   

[loulis]

I like this "bobos15 coin". It's very communistic. We can do this with smart cards.

[virtualx]

bitcoin is not p2p. A p2p network is a network that allows two or more computers to share resources equivalents. All nodes have equal rights. In the bitcoin network computers do not share their resources (coins) equivalents and nodes do not have equal rights between them.

Let me just upload some coins to the bitcoin central server  

[mullerdan]

Yes, it is p2p, when you buy or sell we are connected on the same network.