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Author Topic: Just found on Strike The Root  (Read 2005 times)
TheBitcoinChemist
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August 01, 2012, 02:42:24 AM
 #1

http://www.strike-the-root.com/dual-currency-community
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myrkul
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August 01, 2012, 03:03:34 AM
 #2

Interesting idea. Pretty cool, in fact.

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August 01, 2012, 01:55:36 PM
 #3

Why would an anarchist community sign an agreement to forcibly accept certain currencies?  Doesn't that defeat the purpose?  What if something better than bitcoin comes around?  Doesn't sound much better than our current system.

I understand that the point is to build up infrastructure, but that infrastructure is being built now.  And it won't take as long as VISA or MasterCard or AMEX to setup.  Any business can accept bitcoin now if they have a smartphone.  Bitcoin still has a ton of development ahead.  By the time these anarchist communities form, bitcoin (or something similar) will be the dominate currency w/ a well functioning infrastructure.  A decentralized currency will be the only reason they form in the first place because the state will have lost control by then.

The only reason to limit the block size is to subsidize non-Bitcoin currencies
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August 01, 2012, 01:59:55 PM
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Why would an anarchist community sign an agreement to forcibly accept certain currencies? 

If everybody signs, it's not forcibly, everyone agreed, voluntarily, to all accept that currency.

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August 01, 2012, 02:23:15 PM
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If everybody signs, it's not forcibly, everyone agreed, voluntarily, to all accept that currency.

Good point.  Just seems unlikely.  Why join a anarchist community that agrees to accept a certain currency when you can create/join one that doesn't require you to accept any particular currency?  A community will naturally gravitate to a particular currency regardless.

The only reason to limit the block size is to subsidize non-Bitcoin currencies
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August 01, 2012, 07:51:36 PM
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If everybody signs, it's not forcibly, everyone agreed, voluntarily, to all accept that currency.

Good point.  Just seems unlikely.  Why join a anarchist community that agrees to accept a certain currency when you can create/join one that doesn't require you to accept any particular currency?  A community will naturally gravitate to a particular currency regardless.

True, true... he did say he was "just kicking it around". It's just a thought experiment. If the people in a community wanted to start accepting bitcoin for things, I doubt it would really need to be contractual.

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