etherael

47 ms·

391.
by etherael 13y ago
That doesn't necessarily mean you've lost, take cryptocurrencies for example. Yes you can manage your own keys as an end user for your cryptocurrency holdings, but as you say most end users will prefer to work through a third part
392.
by etherael 13y ago
> Assuming there aren't illegal anti-poaching agreements, market forces operate in SV the same way they operate in the finance sector to drive up salaries of talented employees. Isn't the entire point of this debacle that there
393.
by etherael 13y ago
that won't happen if you're a legit user using a regular client, and for the most part even for a nefarious user it would require significant computing resources (e.g. you've already mined a block spending those coins but wo
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by etherael 13y ago
Silence infidel, pro state circle jerk in progress.
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by etherael 13y ago
Sorry, they picked this fight, they deserve no mercy. http://ycombinator.com/rfs9.html When they change their behaviour maybe I could do anything other than play cheerleader for popcorn time and its ilk, until then bring it
396.
by etherael 13y ago
Why is this being downvoted? Are people really so naive as to not be aware of this?
397.
by etherael 13y ago
20 freescale semiconductor employees on board.
398.
by etherael 13y ago
You know, I really hate it that those two pieces of information alone are almost enough to make me outright dismiss the chance this person has anything sane to say, but SJW are just so damned toxic and clearly feel no need to alter course t
399.
by etherael 13y ago
What about a hybrid torrent blockchain that bounties to people who register a high traffic bitstream rather than proof of work for math in a number space? So you make your product, upload it to the Popcoin swarm, the more people who downloa
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by etherael 13y ago
Oh and the he flatly denies that it is in a two hour interview directly afterward, to boot. http://hosted.ap.org/dynamic/stories/U/US_BITCOIN_FOUNDER_DE...
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by etherael 13y ago
64 year old post stroke retired government security contractor with a paranoid streak who doesn't want to talk to a reporter in any way shape or form to the extent he called the police as soon as she shows up and the evidence she wants
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by etherael 13y ago
It's probably not actually him.
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by etherael 13y ago
That article was interesting about the utilitarian Mises vs the natural law Rothbard, but it was completely wrong about the 100% reserve clause Rothbard insisted as essential being necessarily enforced by the state. It sounds like the write
404.
by etherael 13y ago
> Now we find out that bitcoin definitely isn't secure If anything is secure, then bitcoin is. That doesn't mean that it protects people from their own incompetence when it comes to security, there's no getting around that
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by etherael 13y ago
It seems like the only reason that's not a crime is because they're the legal system. Of all of the activities undertaken by the state, an increasingly high percentage fall firmly under this definition.
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by etherael 13y ago
Or they might be simultaneously members of the groups that believe Apple is behaving in an anticompetitive fashion against bitcoin and they never should have had this whole ridiculous app approval regime which has managed to stick around th
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by etherael 13y ago
The thing about human contact for me is that I can do with very little of it, that it takes this magnitude of isolation for me to even identify with the idea that people might actually want to socialise with other people is emblematic of
408.
by etherael 13y ago
Altcoins are just another blockchain that uses the basic bitcoin idea of proof of work or stake to validate a distributed ledger, there are dozens to hundreds of them by now and they're all effectively just different distributed ledger
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by etherael 13y ago
I mined a bunch of coins two years ago but now I mine scrypt altcoins which turn a better profit with GPUs than btc. I also run day trading bots which trade with my cryptocurrency portfolio in general, including bitcoin, litecoin, ad et al.
410.
by etherael 13y ago
That depends, he might be day trading with a bot, that's (largely) passive.
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by etherael 13y ago
Anarchocapitalism, YouTube "machinery of freedom" for the ten minute primer. "The Problem Of Political Authority" for a good book presenting the case that the entire idea of political authority on which all states are bu
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by etherael 13y ago
Governments work hand in glove with banks, they control and are controlled by the world banking system in turn, they can see what money goes where via the SWIFT system, they can approve or deny transfers based on AML/KYC laws which the
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by etherael 13y ago
No. This is like a religious fanatic retreating from a god of the gaps corner, but never considering the possibility that he might be fundamentally wrong. Of course I can show you irreducible complexity! Look, Eyes! No wait, that doesn&#x27
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by etherael 13y ago
You're doomed to be exasperated by the actions of humanity if you continue along this path. Be forewarned.
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by etherael 13y ago
> oil tends to be priced in dollars internationally, foreign countries hold lots of dollars as reserves The first bit there has nothing to do with the US military, and the second bit there is not because of the first. Repeat after me;
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by etherael 13y ago
Anarchocapitalism has some interesting answers to this question. It's not a utopian variant that believes everyone can simply be trusted not to behave badly.
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by etherael 13y ago
Like three wolves and a sheep voting what to have for dinner. How about we just discard political authority for the sham that it is instead and let people make their own choices for themselves ?
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by etherael 13y ago
Wow, this is perhaps the single most ignorant article I have ever read about bitcoin, ever. There goes my respect for Charles Stross. Not a single point is actually true. 1) Compare the carbon footprint of bitcoin mining to the carbon footp
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by etherael 13y ago
Amusing aside; if "none of the above" could have won that election it would have been a landslide victory. Consent of the governed, yeah, right.
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by etherael 13y ago
No analysis no matter how biased is going to seriously come to the conclusion that bitcoin having any success is purely as random as a roulette wheel. I challenge you to come up with something even vaguely plausible along these lines, no ma

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