oleganza

99 ms·

901.
by oleganza 13y ago
How much of the crimes are caused by the state programs? When 99,9% of children in the most crucial age for development (7-17 years) are educated in state schools, isn't government responsible for those people misbehaving? Also, how ma
902.
by oleganza 13y ago
Privatization of prisons is nothing more than formal restructuring of gov spendings. Call it what you want, the money flow is still the same: 1. Force people to give up 40-50% of their income (directly and indirectly via sales taxes, import
903.
by oleganza 13y ago
Do you agree that if your policy is more jail-oriented, than free money will only accelerate it? Also, do you agree that no matter how evil your government is, without money (taxes and/or inflation) their evilness does not mean anythin
904.
by oleganza 13y ago
Don't confuse yourself and your fellow neighbors with particular people with particular political power. You and a policeman carrying a gun are two different persons with different agendas. It is in interest of those in power to make y
905.
by oleganza 13y ago
Those who downvote are invited to provide a rational counter-argument. My facts are: 1. State promised to provide gold in exchange for U.S. dollars before November 1971. 2. After November 1971 it basically defaulted on that promise. But due
906.
by oleganza 13y ago
Nixon dropped gold standard in 1971 and state power started expanding like crazy with printed money. Incarceration rate is just one of the effects of growing violent power.
907.
by oleganza 13y ago
Mining hardware hashes SHA256(SHA256()) of the block header. If anybody does that to crack some passwords, they do it at expense of not earning bitcoin. If they want to earn bitcoin, they have to hash block headers instead of passwords. I
908.
Today I've timestamped my secret source code with Bitcoin(blog.oleganza.com)
3 points by oleganza 13y ago|0 comments
909.
by oleganza 13y ago
Bitcoin will not bring down anyone. People will jump on Bitcoin when governments completely destroy value of their paper and confidence in themselves. If tomorrow you start seeing prices going up 10% daily and people getting rid of worthl
910.
by oleganza 13y ago
I agree. But with an annoying wording correction: no one needs violent protection. People claim the need to be protected from some other people's actions via brutal means. I can also claim that I need some protection against a smile on
911.
by oleganza 13y ago
And everything else for that matter.
912.
by oleganza 13y ago
I agree there's no conspiracy against Bitcoin. I agree that in the view of particular people Bitcoin is money and they want it to be regulated according to their agenda. What I don't agree is when people use made up definitions with straigh
913.
by oleganza 13y ago
Law may say what it wants. The reality is people trade things for things. Some other people define certain things as special and force you to comply based on their definitions. No one outside the legislative structures gives a rat's ass abo
914.
by oleganza 13y ago
This does not make situation any more "voluntary" then.
915.
by oleganza 13y ago
The fact that all citizens are afraid of state violence does not mean we can redefine word "voluntarism". You abide the law non-voluntarily . You abide terms of service in McDonalds voluntarily because you can always choose from millions
916.
by oleganza 13y ago
"Voluntarily"? They feel the risk of their property being seized and owners brought to court. It would be "voluntarily" if their customers did not like their affairs and they risked losing customers. And customers are never going to put a
917.
by oleganza 13y ago
"They are not being forced to close." "Instead of risking jail time (...)" I see some contradiction in here. If you feel a threat of violence upon you, isn't it very definition of "being forced"?
918.
by oleganza 13y ago
It's interesting that you can take virtually any business and turn it into a "Bitcoin-only" startup with very low fees. I wonder how many existing businesses will be disrupted by such small shops accepting Bitcoin (provided they deliver wha
919.
by oleganza 13y ago
I've expanded on this topic here: http://blog.oleganza.com/post/51799353916/eco-friendly-times...
920.
Eco-friendly timestamping using Bitcoin(blog.oleganza.com)
3 points by oleganza 13y ago|0 comments
921.
by oleganza 13y ago
Even if MtGox handled 100% of USD-BTC trades, it is still not Bitcoin. Many more transactions are happening on Blockchain that has nothing to do with MtGox or any other currency exchange.
922.
by oleganza 13y ago
Don't forget the costs of relying on authority. First, trust can be broken. Second, if notary is offline or asleep you cannot register your data. Also: even if you fully trust your notary, it's no guarantee some random people in Japan, Aust
923.
by oleganza 13y ago
If you use you document's SHA256 as a private key or one of keys in MULTISIG 1-of-2 transaction, then you can get your amount of BTC back to your normal address. You will only pay a fee to a miner if it's required. No coins will be destroye
924.
by oleganza 13y ago
I feel opposite. Bitcoin is a proof-of-work scheme to come to an agreement on certain information. Due to the costs of work, any kind of PoW scheme will be used as commodity and traded. Also, people will tend to allocate all their "mining"
925.
by oleganza 13y ago
I would suggest this to avoid losing coins. 1. Use SHA256 of your document as a private key. 2. Send some money (e.g. 0.01 BTC) to the address created from that private key. 3. Wait till it is well confirmed and "old enough" (to avoid payin
926.
by oleganza 13y ago
No, war is mostly funded from printed money. No amount of taxation would fund such a waste of capital.
927.
by oleganza 13y ago
Another reason to not miss a day on the job: half of your income is confiscated by your government for the "social good" + massive regulations prevent a lot of people from getting work, so it's much harder to change employer or start a busi
928.
by oleganza 13y ago
In a transaction where one asset is inflationary in relation to another, another one is deflationary, right? So if I apply your argument of deflationary spiral to currently deflationary assets (in relation to USD), we would have to withhold
929.
by oleganza 13y ago
"Had to be abandoned"? Threat of 10 years in prison in 1933 does not sound like "people decided gold sucks". I guess, government had to take gold by force precisely because people trusted gold more than paper. http://en.wikipedia.org/wiki/
930.
by oleganza 13y ago
See a couple of my comments around this thread. I think irreversible transactions is precisely what is Bitcoin major selling factor. Many merchants will be able to give you a nice discount and eliminate their headaches. You as a customer wi

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