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Want to make some extra coin? Like a LOT of extra coin? BIG BOUNTY!

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zenzai:
I don't think that it's money.  I think it's the same thing that everything has been rooted to before money even existed as a concept- power.  All else is just an expression of this.  Power corrupts- and all of the expressions of it also.
-40hz (May 18, 2014, 11:22 AM)
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I'd rather say that too little power corrupts. If you have unlimited power you also have the power to do and get anything you want without hurting or exploiting others...  ;)

Renegade:
I don't think that it's money.  I think it's the same thing that everything has been rooted to before money even existed as a concept- power.  All else is just an expression of this.  Power corrupts- and all of the expressions of it also.
-40hz (May 18, 2014, 11:22 AM)
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I'd rather say that too little power corrupts. If you have unlimited power you also have the power to do and get anything you want without hurting or exploiting others...  ;)

-zenzai (May 20, 2014, 06:50 AM)
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For the first part, "I'd rather say that too little power corrupts," I'd say that the way that is working right now is in how the ruling class (politicians) are enforcing socialism on people to drive them into poverty and dependence, which results in the disenfranchised masses returning to the poles to vote back in their oppressors. They vote for the very corruption that has created dependency for them.

For the second part, the current power structure is one of domination and exploitation - it is not unlimited. It relies on the suppression and dependency of others.

But, this all has little to do with nabbing that $100k bounty! :)

Renegade:
"So Ren, if you send me a nice picture of a space alien from DeviantArt, I'll send you a dollar!"  *

*Some conditions apply.

 ;D
-TaoPhoenix (May 18, 2014, 09:31 PM)
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...

Thanks! You can send your dollar to me in bitcoins here:

1LoZLVjjzJp6Vt3Q4AaTkVHuM8i3obhw7Y

;D


Well, maybe we're talking about different dictionary definitions of Trust.

I meant at a much more human level of "do you believe this guy will actually shell out the money?"
-TaoPhoenix (May 18, 2014, 09:31 PM)
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And that's the point. You don't need to trust anyone as you can eliminate trust through escrow and multi-sig sending.

-Renegade (May 18, 2014, 10:21 PM)
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Heh hysterical pic!

But we're still talking about different defs of trust. Even before it gets into escrow, you have to "Trust #2" that it will get into escrow! However, see that Tarot Kickstarter thread, if I say I am too lazy to figure out how to get you your dollar in bitcoin so I won't send it and "Oh look! The Season Finale of Warehouse 13 is on!", ... then you can't "Trust #2" in me no matter how fancy the tech side is.

That's what I was referring to about that contest, it looked like some key info was missing. Maybe I'm blind but I didn't see any proofs that it was all sewn up and ready to go.

-TaoPhoenix (May 20, 2014, 12:03 AM)
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You can mine any other cryptocurrency then sell it for BTC. ;)

Still waiting for my dollar of BTC here... ;)

But my mistake wasn't the same mistake as you've mentioned -- the amounts we're talking about are inconsequential, and I had fun posting that pic. I didn't really expect $1 as it's all just in fun.

However, if I really did want my dollar, I could have gone and arranged with you to set up escrow, then posted the pic.

Basically, the conversation goes like this:

You) I'll give you $1 to post an alien pic from Deviant Art.

Me) Sure. Put that $1 in escrow.

You) Ok. Done.

Me) Let me check... Ok. Looks good.

...a little while later...

Me) Ok, here's your pic!

You) Great! Let's finish off the escrow.

Us) Yay! We both got what we wanted!  :Thmbsup:

At no point do we need to trust each other there. When I ask you to put the $1 in escrow, that guarantees your end of the deal, or you can look at it as me saying, "Really? For sures? Like totally for reals?" My posting of the pic is the completion of the deal before escrow completes.

TaoPhoenix:
Hmm, well okay, I'll assume better minds than mine are watching that contest guy, and that your transaction did take place behind the scenes other than that original post.

So presuming someone checked up on that, I do get what escrow does, and then I'll go with your technical side of things.

Renegade:
The results are in!

http://www.reddit.com/r/Bitcoin/comments/29n8o0/100000_bounty_winner_announcement/

Mike Hearn won with his "Lighthouse" project.

Runner-up went to the Eris project team.

There is some seriously good stuff happening there, and anarchystar really deserves the credit for making it all possible.

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