:: Re: [unSYSTEM] The law of the free
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Auteur: Amir Taaki
Date:  
À: unsystem
Sujet: Re: [unSYSTEM] The law of the free
Mainly what you said about the neutrality and anonymity.

On 29/10/13 21:34, Robert Williamson wrote:
> For the payment agnostic part, or the address reuse part?
>
> This springs to mind for address reusing.
> https://github.com/bitcoin/bitcoin/issues/2429
>
>
> As for talking about value storage and transmission. I can't
> really remember anything, I'm not even sure if I have seen any
> articles discussing this in depth. I've read many about the
> deflationary aspect of Bitcoin, vs the inflationary system
> currently used by the western world.
>
> http://www.youtube.com/watch?v=2gmsKb__WVc
>
> This is quite relevant to what I'm speaking about. I know of a few
> iranian students who have bank transfers blocked because of these
> sanctions which really have little effect on the Iranian regime,
> but seriously harm it's citizens.
>
> Bitcoin isn't a currency, as currencies tend to be a token (either
> coins or paper notes), that holds a value, only because a
> government says they do and accept taxes paid in that currency.
>
> Bitcoin is really a value store over IP and allows the transaction
> of value in the same way the internet allowed for the transaction
> of information.
>
> The network consents to how much is produced and under what
> conditions, rather than a central bank. We could throw difficulty
> rules out of the window tomorrow and start mining our own blocks
> with a 100BTC reward, but no other node in the system would accept
> them as valid, as such we would be living on our own blockchain
> branch, deluding ourselves to the rest of the world.
>
> Because of this Bitcoins value really comes from the same view
> that people have on gold, it's scarcity, only it isn't scarcity
> isn't certain as there is likely still many reserves on Earth and
> some private space companies are even now looking at asteroid
> mining.
>
> Bitcoins scarcity is in a similar situation, it's value is also
> based on it only ever having 21 million units and the health of the
> network, only people holding it have a reason to strengthen it
> further by running nodes, to prevent their own assets.
>
> Bitcoin uses mathematics (cryptography, networking, game theory)
> to store value in the same way that gold uses protons and neutrons
> to store value. It's all just information that humans perceive as
> being desirable.
>
> There's probably a few good quotes in there you can use.
>
> Thanks Bob
>
>
>
> On 29 October 2013 19:53, Amir Taaki <genjix@???
> <mailto:genjix@riseup.net>> wrote:
>
> Cool. Do you know any memorable articles, videos or resources
> about this? Doesn't have to be exactly Bitcoin related.
>
> On 29/10/13 20:51, Robert Williamson wrote:
>> Mainly how it is agnostic to who, or what you are sending value
>> to, it handles just like hand-to-hand cash transfers, without
>> middlemen to tax or refuse the transaction (unless you include
>> miners).
>
>> Also, the anonymity, satoshis original vision seemed to be for
>> all transactions to be to new public keys/addresses, via the pay
>> to IP address feature. However since this was insecure and had
>> no authentication, people ended up turning to address-reuse,
>> which seriously affects their privacy. We should focus on
>> something that addresses these issues, deterministic wallets can
>> help massively with protecting against address reuse and against
>> losing keys.
>
>> Also prepare yourselves, a bubble is coming.
>
> http://www.reddit.com/r/worldnews/comments/1pgr6p/man_buys_27_of_bitcoin_forgets_about_them_finds/
>
>
>> Thanks Bob
>
>> On 29 October 2013 19:10, Amir Taaki <genjix@???
> <mailto:genjix@riseup.net>
>> <mailto:genjix@riseup.net <mailto:genjix@riseup.net>>> wrote:
>
>> What are the most important values for you all about Bitcoin?
>
>> On 29/10/13 20:08, jindq1 wrote:
>>> Boom! Rationality is kind of scarce in bitcoin-land though.
>>> It's easier to just blame everything on bankers.
>
>
>>> On Tue, Oct 29, 2013 at 7:05 PM, Benjamin Cordes
>>> <benjamin.l.cordes@???
>>> <mailto:benjamin.l.cordes@gmail.com>
>>> <mailto:benjamin.l.cordes@gmail.com
> <mailto:benjamin.l.cordes@gmail.com>>
>> <mailto:benjamin.l.cordes@gmail.com
> <mailto:benjamin.l.cordes@gmail.com>
>> <mailto:benjamin.l.cordes@gmail.com
> <mailto:benjamin.l.cordes@gmail.com>>>>
>>> wrote:
>
>>> No need to troll here. If you have experience using Bitcoin,
>>> which I assume you do if you float opinions, you pay a fee.
>>> First of all there is a tiny mining fee, which goes to
>>> professional miners. You can call them names the whole day, but
>>> they support the network. Then you have another fee which goes
>>> to exchanges. It is around 0.50% in the best case. Instead of
>>> paying 0.50% to a corporation located in Japan you could pay
>>> the same fee to a public source, which has a lock-in to support
>>> the network. So, sure, Bitcoin is very free in your mind, but
>>> if there is also this thing called reality. It's very
>>> interesting to me, that some who say Bitcoin is perfect are
>>> very quick to defend the same kind of structures they so decry.
>>> Rational thought requires weighing arguments.
>
>
>>> On Tue, Oct 29, 2013 at 7:56 PM, Mike Gogulski
>>> <mike@??? <mailto:mike@gogulski.com>
>> <mailto:mike@gogulski.com <mailto:mike@gogulski.com>>
>>> <mailto:mike@gogulski.com <mailto:mike@gogulski.com>
> <mailto:mike@gogulski.com <mailto:mike@gogulski.com>>>> wrote:
>
>>> On 10/29/2013 01:46 PM, aimee@???
> <mailto:aimee@aimeemaree.com>
>> <mailto:aimee@aimeemaree.com <mailto:aimee@aimeemaree.com>>
>>> <mailto:aimee@aimeemaree.com <mailto:aimee@aimeemaree.com>
> <mailto:aimee@aimeemaree.com <mailto:aimee@aimeemaree.com>>>
>>> wrote:
>>>> I declare that I have paid Amir 500bitcoins which equates to
>>> 1500AU
>>>> and he declares on his tax that he was paid 500 bitcoins
>>>> which equates to 2000pound...
>
>>> Or he doesn't declare "his" tax, and you don't declare your
>>> payment, and the bastards Amir mentioned toward whom all money
>>> flows get nothing.
>
>
>>> _______________________________________________ unSYSTEM
>>> mailing list: http://unsystem.net
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>
>>>
>
>
>>> _______________________________________________ unSYSTEM
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>
>>>
>
>
>
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>>>
>
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