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Question: Will you support Gavin's new block size limit hard fork of 8MB by January 1, 2016 then doubling every 2 years?
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Author Topic: Gold collapsing. Bitcoin UP.  (Read 2013890 times)
cypherdoc
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May 26, 2015, 02:45:58 PM
 #24781

more and more defectors:

https://blog.xapo.com/announcing-xapos-advisory-board/
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_mr_e
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May 26, 2015, 03:56:07 PM
 #24782


Do we have a list of all the current big name defectors?
Peter R
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May 26, 2015, 03:59:08 PM
 #24783


Larry Summers once again.  That means he's now an advisor to both Xapo and 21.



Run Bitcoin Unlimited (www.bitcoinunlimited.info)
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May 26, 2015, 04:00:26 PM
 #24784

Diving:

cypherdoc
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May 26, 2015, 04:02:59 PM
 #24785


Larry Summers once again.  That means he's now an advisor to both Xapo and 21.




whereas TPTB will scream "conspiracy!", i take it for what i think it is, a darn good bullish thing.  this is promoter of Gibson's Paradox, the tie btwn interest rates and the gold price.  he understands Sound Money.  for him to get behind Bitcoin means he understands the Sound Money aspects of Bitcoin.  that can only help.
justusranvier
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May 26, 2015, 04:09:44 PM
 #24786

Note that legalizing marijuana is also synonymous with agreeing that plants should be regulated by the State. Otherwise, why is it necessary to legalize use of a plant? You see the-powers-that-be are playing game with you, regulating you at the Federal level unconstitutionally then getting you to pass laws at the State level to admit their unconstitutional Federal laws are the law, thus enslaving yourselves by bringing plants under the prevue (jurisdiction) of law.

Simpleton thinking falls for the ploy that legalizing MJ is any form of increasing freedom. Rockefeller's foundations and NGOs were instrumental in funding everything from 1960s activism, to feminism, to environmentalism.
You can also say German reunification was not a form of increasing freedom because it was still synonymous with agreeing that Germans should be ruled by a State.

It did, however, represent a loss of agreement among the Soviet ruling class which reflected a reduction in their ability to work cohesively for a common goal.

When the various factions that make up a State can not rely on shared ideological alignment in order to work together, this introduces friction into their operations because now they need to divert resources to inter-faction bribes. It makes them less effective as rulers and also increases the burn rate.
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May 26, 2015, 04:12:16 PM
 #24787


Larry Summers once again.  That means he's now an advisor to both Xapo and 21.




"This could mean we soon see many billions of people sending bitcoin everyday as easily as they currently send a text message.”

Summers is even more bullish than anyone here

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Peter R
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May 26, 2015, 04:14:08 PM
 #24788


Larry Summers once again.  That means he's now an advisor to both Xapo and 21.


whereas TPTB will scream "conspiracy!", i take it for what i think it is, a darn good bullish thing.  this is promoter of Gibson's Paradox, the tie btwn interest rates and the gold price.  he understands Sound Money.  for him to get behind Bitcoin means he understands the Sound Money aspects of Bitcoin.  that can only help.


Agreed.  There is no conspiracy here.  It's just intelligent people one-by-one coming to realize what's happening, and then making rational decisions for their own self-interest.  I see Summers' involvement as an acknowledgement of bitcoin's potential.  

Run Bitcoin Unlimited (www.bitcoinunlimited.info)
cypherdoc
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May 26, 2015, 04:25:12 PM
 #24789

Huzzah!

Peter R
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May 26, 2015, 04:33:02 PM
 #24790

It's almost as though the comments from Hock, Reed and Summers were scripted:

Quote from: Dee Hock
We live in the 21st century but are still using command and control organizational structures from the 16th century. Bitcoin is one of the best examples of how a decentralized, peer-to-peer organization can solve problems that these dated organizations cannot

^ One could interpret this as a subtle critique of Central Banks' "command and control" monetary policy, in favour of a modern decentralized approach.

Quote from: John Reed
Bitcoin represents a real opportunity for changing that. Money at its core is simply a ledger for keeping track of debts and Bitcoin is truly the best iteration of a universal ledger we’ve ever seen.

^ This is a straightforward acknowledgement of the "Money is Memory" thesis.  There is no better ledger than The Blockchain.

Quote from: Lawrence Summers
Until now whenever we’ve needed to transfer money we’ve had to rely on a third party, whether it be a bank, a clearing house or a payment network. Bitcoin offers, for the first time, a method for transferring value and making payments from anywhere to anywhere, in real-time, without any intermediary.

^ Bitcoin is powerful because it is borderless and permissionless.  

Run Bitcoin Unlimited (www.bitcoinunlimited.info)
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May 26, 2015, 04:41:01 PM
 #24791


Larry Summers once again.  That means he's now an advisor to both Xapo and 21.


whereas TPTB will scream "conspiracy!", i take it for what i think it is, a darn good bullish thing.  this is promoter of Gibson's Paradox, the tie btwn interest rates and the gold price.  he understands Sound Money.  for him to get behind Bitcoin means he understands the Sound Money aspects of Bitcoin.  that can only help.


Agreed.  There is no conspiracy here.  It's just intelligent people one-by-one coming to realize what's happening, and then making rational decisions for their own self-interest.  I see Summers' involvement as an acknowledgement of bitcoin's potential.   

eh, disagree. summers' involvement is tptb driven. nothing more. nothing less.
you are actually calling "intelligent" people that spend the last 20+ years centralizing power (money) and disconnecting the economy from reality.

good job!
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May 26, 2015, 05:05:23 PM
 #24792

Summers is a trojan horse
lebing
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Enabling the maximal migration


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May 26, 2015, 05:09:53 PM
 #24793

Summers is a trojan horse

i used to enjoy the tinfoil hat aspect to so many bitcoiners, but these days it is just sad & annoying.

Bro, do you even blockchain?
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May 26, 2015, 05:12:16 PM
 #24794

Gavins latest.

So hot right now  Tongue

https://www.reddit.com/r/Bitcoin/comments/37bvuy/analysis_paralysis_gavin_andresen/
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May 26, 2015, 05:19:26 PM
 #24795


Do we have a list of all the current big name defectors?

feel free, to add to it.

https://docs.google.com/spreadsheets/d/16eHxzLoJk5GnkqNBCrVfBRbXm82-QJRqMq1BStVKDOw/edit?pli=1#gid=0

Always wrong until not.
Bagatell
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May 26, 2015, 05:31:44 PM
 #24796

Summers is a trojan horse

i used to enjoy the tinfoil hat aspect to so many bitcoiners, but these days it is just sad & annoying.

Given Mr Summers past achievements and business associates, I too, have to ask where his allegiances lie.
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May 26, 2015, 05:39:24 PM
 #24797

Summers is a trojan horse

so true
bassclef
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May 26, 2015, 05:47:44 PM
 #24798


Larry Summers once again.  That means he's now an advisor to both Xapo and 21.


whereas TPTB will scream "conspiracy!", i take it for what i think it is, a darn good bullish thing.  this is promoter of Gibson's Paradox, the tie btwn interest rates and the gold price.  he understands Sound Money.  for him to get behind Bitcoin means he understands the Sound Money aspects of Bitcoin.  that can only help.

Seems like rats fleeing a sinking ship, or at least hedging against it. You'd have to be a special person not to see the what a mess the intertwined global political/financial landscape is in right now. Politico types will go wherever they smell money and opportunity.
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May 26, 2015, 06:11:44 PM
 #24799

Summers is a trojan horse

i used to enjoy the tinfoil hat aspect to so many bitcoiners, but these days it is just sad & annoying.

In my scan of this morning's 'gold collapsing, bitcoin up.' thread, I sense that, true to form, the anticipated contingent feels that maybe Summers thinks he can make a ton off Bitcoin and there is a hope from some that they can ride his coat-tails as he surfs the wave.  My 'conspiracy theory' is that Summers has had ample opportunity over his career to amass as much wealth as he desires and he has no need of Bitcoin to help him in this (likely long ago achieved) endeavor.  Summer's track record seems to be one of engineering methods of financial control over the masses (and other lesser states) which is typical off many of those among us who have 'made it' and are interested mostly in moving on-ward and up-ward.  To the run-of-the-mill Bitcoin hodler:  Good luck riding Summer's coat-tails.

On a different topic which is only related to the quoted text, here's one amusing conspiracy 'theories' that I thought of recently:

Say someone finally figured out a mildly workable distributed crypto-currency solution and it passed some bar needed to partially prove it's mettle.  Helping fund Wikilieaks in the face of a block by the mainstream financial system, for instance.

Say this raised Bitcoin to the attention of those who engineered this mainstream financial block and they considered it a viable threat.

Say that the early participants in Bitcoin were a conglomeration of what were mainly losers and it included one unemployed engineer who was bored enough to set up a faucet and thus garner some attention in the community but who clearly loved big brother.

Say TPTB realized that they could easily take out the originator who was something of a lone-wolf and had been fairly careful to preserve his identity to the extent needed to throw off the masses investigative efforts, and install their more more favored 'leader'.  If said 'more appropriate' leader claimed this happened just because 'Satoshi' changed an e-mail address, most of the Bitcoin fanatics would buy the story hook, line, and sinker.

Although well below the bar of 'theory', this hypothesis has some explanatory power.  In particular, if Satoshi is simply no longer among the living it would explain why he's not been heard from and why his quasi-pre-mine have remained static.  More than anything it would explain why Gavin is intent on destroying the solution but in a careful way which seems to exceed his native abilities.


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May 26, 2015, 06:18:23 PM
 #24800

Assume some or all of the individuals in this list are saboteurs instead of defectors.

What types of attacks can they carry out?

What countermeasures are available to defend against those attacks?
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