Author Topic: Does anyone here use Bitcoins? (Read 854,854 times)

40hz · « **Reply #600 on:** July 18, 2014, 03:11 PM »

@Ren - perhaps nobody in the Bitcoin social club thinks much of NY. However, in the international business finance and banking world, it looms very large, and its voice is heard. Right up there with London, Zurich, and Hong Kong. Like it or not. Please don't let your bitterness cloud your thinking so much as to think wishing it weren't so changes anything.

Regarding Mr. Ver

I've said before the way things seem to work is you can either say whatever you want to people - or get what you want from them. But you never get both.

Ver is playing right into the opposition's hands making toothless and naive comments like the one you quoted. Lovely of him to publicly make a statement to the effect that the real intent (and therefor threat) of Bitcoin is to undermine the rule of law and disrupt government worldwide. Thanks dude! You can be sure remarks like his will be quoted and figure prominently in the justifications given for tougher regulation or abolition.

Sorry, but his constantly polishing his "street cred" with soundbytes to the already converted accomplishes nothing even if it is an "ego-boo" for him. It's a shame so many self-proclaimed Libertarians just can't resist putting in that sarcastic jab or snarky little dig every time they open their mouths. It will likely be their downfall.

Maybe someday they'll realize being a smartass isn't the same thing as being smart or clever.

Just sayin'

Renegade · « **Reply #601 on:** July 18, 2014, 04:02 PM »

@40hz - I'm not denying that governments can do serious damage. Government is the single largest culprit of mass murder by far. There is NOTHING that government will not do to preserve itself. It is abominable, detestable, sick, perverse, and outright demonically evil.

I don't pretend to think that the murderous psychopaths in government won't sink to the torture, mutilation, and inhuman acts that they have historically done. Yes - it WILL happen here. But we can stop the tiny fraction of people that want to kidnap, imprison, or murder everyone.

For example:

https://www.youtube.com/watch?v=H6b70TUbdfs

That saves me a lot of typing. He's right.

However, the governments we have in the "West" at the moment aren't completely murderous yet. There is a slim window of opportunity right now before they go full retard.

As for NY, only the establishment gives a crap about it. Nobody in the world of normal human beings cares in the least.

And it's the establishment that we fight against. The same establishment that has funded and carried out the mass murder of 100's of millions of people in the 20th century alone.

http://www.hawaii.edu/powerkills/20TH.HTM

I'm not exaggerating. The facts speak for themselves.

(The "religious wars" argument is nonsenese - I've posted elsewhere about that. The only religions that mass murder people are statheism and Islam [that's going to piss off people that haven't looked into history much - I don't care - just read up on some history or PM me for links that I won't post here].)

Quote from: 40hz on July 18, 2014, 03:11 PM

Please don't let your bitterness cloud your thinking so much as to think wishing it weren't so changes anything.

I don't wish. I do. Big difference. My money is where my mouth is. I buy bitcoins and I spend bitcoins. I support the Bitcoin economy. I put my spending power at every opportunity into undermining the establishment.

While I am limited in what I can do, I do everything possible to undermine the establishment. I do not buy mainstream brands like Heinz or Sun Foods. I don't buy food off the shelf - I buy fresh produce and fresh meat.

Fun Fact: The post on alcoholic ginger ale I did in large part because it undermines the state. Alcohol is heavily taxed and regulated, and I wanted to put out a method by which people could get around the state and taxation. That post was purely for the sake of undermining the establishment/state. I blogged about it a while back here. But, you probably already figured that one out as it's pretty obvious.

Quote from: 40hz on July 18, 2014, 03:11 PM

I've said before the way things seem to work is you can either say whatever you want to people - or get what you want from them. But you never get both.

Not when you bargain from a position of power. The vast majority of power is in the hands of the "people" and not in the hands of the establishment. I'll skip why that is because it's probably obvious enough.

Quote from: 40hz on July 18, 2014, 03:11 PM

Ver is playing right into the opposition's hands making toothless and naive comments like the one you quoted. Lovely of him to publicly make a statement to the effect that the real intent (and therefor threat) of Bitcoin is to undermine the rule of law and disrupt government worldwide. Thanks dude! You can be sure remarks like his will be quoted and figure prominently in the justifications given for tougher regulation or abolition.

You can regulate PEOPLE, but you cannot regulate Bitcoin.

Thought policing doesn't work.

I don't know what else I can say that I already haven't... but, let me sum it up:

Regulating Bitcoin means having a hand in the actual coding of it and writing code and then being able to convince everyone in the Bitcoin economy (or 51%) to accept your version of it.

Not. Gonna. Happen.

Unless you start the mass murders.

We're a few years away from that. There is time.

Again, perhaps I'm overly optimistic. But I do see hope, and I'll be goddamned if I'll piss that hope away given what is at stake here. Bitcoin is an opportunity, and one opportunity that I'll hop all over.

I actually do "get" your pessimism. I was that pessimistic before. I'm just not that pessimistic anymore.

Renegade · « **Reply #602 on:** July 18, 2014, 04:24 PM »

DELL!

https://twitter.com/MichaelDell/status/490162239983599616

Quote

Dell is now the world's largest ecommerce business to accept #bitcoin http://www.dell.com ; http://fb.me/1d9ojMrZw

Renegade · « **Reply #603 on:** July 18, 2014, 04:27 PM »

Aaaaaaand...

Texans flip NY the finger:

http://www.movetoaustin.io/

Quote

15 Reasons For Bitcoin Startups To Move From New York To Austin

More at the link.

Like I said... NY is hanging itself.

Renegade · « **Reply #604 on:** July 18, 2014, 04:35 PM »

The bureaucraps in NY may wish to have a peek at this:

https://www.youtube.com/watch?v=YQscE3Xed64

Yeah... It's anti-anti-people.

Renegade · « **Reply #605 on:** July 18, 2014, 04:39 PM »

Someone "forked" the NY regs on Github.

https://github.com/onenameio/proposed-bitlicense-regulations

wraith808 · « **Reply #606 on:** July 18, 2014, 08:24 PM »

Quote from: Renegade on July 18, 2014, 04:02 PM

Regulating Bitcoin means having a hand in the actual coding of it and writing code and then being able to convince everyone in the Bitcoin economy (or 51%) to accept your version of it.

Actually, this I will disagree with. Effective regulation- yes. But you can regulate without it being effective in and of itself- other than a yardstick for prosecution and persecution.

SeraphimLabs · « **Reply #607 on:** July 18, 2014, 09:04 PM »

Quote from: Renegade on July 18, 2014, 04:27 PM

Aaaaaaand...

Texans flip NY the finger:

http://www.movetoaustin.io/

Quote
15 Reasons For Bitcoin Startups To Move From New York To Austin

More at the link.

Like I said... NY is hanging itself.

Tell me about it. I live there.

NY used to be the empire state.

Now its a state of empty business lots and chronic recessions. Businesses are leaving New York as fast as they can pack up and move elsewhere.

The taxes are too high, the red tape too thick. There is no good reason to put a business in New York, and plenty to be elsewhere.

On the other hand, my startup in New York does accept bitcoin and select altcoins as a method of payment. For small businesses bitcoin could be a huge savings- because the transaction fees are a tiny fraction of what a credit card processor would take. In a service business that typically does small transactions, the savings could become enormous and really boost the bottom line.

Renegade · « **Reply #608 on:** July 19, 2014, 03:19 AM »

Quote from: wraith808 on July 18, 2014, 08:24 PM

Quote from: Renegade on July 18, 2014, 04:02 PM
Regulating Bitcoin means having a hand in the actual coding of it and writing code and then being able to convince everyone in the Bitcoin economy (or 51%) to accept your version of it.

Actually, this I will disagree with. Effective regulation- yes. But you can regulate without it being effective in and of itself- other than a yardstick for prosecution and persecution.

I'm not sure what you're saying. Do you mean that some state could say that, for example, no cryptocurrency may use anything other than encryption algorithm ABC, and that using a CC without that is punishable by XYZ? Then people would ignore that and they could then prosecute? A regulation like that would be absurd as it would try to target code with no teeth...

I can see that point.

But it's about as sane as setting regulations on what kind of light the sun should emit, then fining people for using sunlight that isn't compliant.

While it is "possible", I'm not sure how realistic/practical it is (absent a totalitarian world government). It would be far easier to simply regulate what people do with Bitcoin rather than try to regulate the unregulateable. At least that way the legislators don't look like total retards.

But, you never know... Spanish legislators have levied a tax on the sun. So, I think we can safely assume that there is no glass ceiling on the level of utter idiocy in government. Still... That kind of stuff is pretty extreme.

40hz · « **Reply #609 on:** July 19, 2014, 12:06 PM »

Quote from: Renegade on July 18, 2014, 04:02 PM

Fun Fact:[/b] The post on alcoholic ginger ale I did in large part because it undermines the state. Alcohol is heavily taxed and regulated, and I wanted to put out a method by which people could get around the state and taxation. That post was purely for the sake of undermining the establishment/state. I blogged about it a while back here. But, you probably already figured that one out as it's pretty obvious.

Must have missed that bit of 'obvious' because homebrewing in the US is a legal non-issue. But thanks just the same.

On the federal level (and in most states) making your own wine has been completely legal since prohibition was repealed in 1933. Beer was inadvertently left out of the wording of the 21st amendment so there was some question about it in certain places up until 1978. However, home brewing was officially made legal in 1979 thanks to Jimmy Carter. Some states dragged their feet about reconciling their local laws with the federal rule, which unfortunately left homebrewing in a legal gray area in a few places. Primarily in the deep south (i.e. Mississippi and Alabama). But that changed in 2013 when those last two holdouts formally legalized home brewing. In theory production is restricted to an 200 gallons per household annually for personal consumption. But as long as you're not selling any of it, nobody pays that rule much attention.

Renegade · « **Reply #610 on:** July 19, 2014, 03:11 PM »

Quote from: 40hz on July 19, 2014, 12:06 PM

Quote from: Renegade on July 18, 2014, 04:02 PM
Fun Fact:[/b] The post on alcoholic ginger ale I did in large part because it undermines the state. Alcohol is heavily taxed and regulated, and I wanted to put out a method by which people could get around the state and taxation. That post was purely for the sake of undermining the establishment/state. I blogged about it a while back here. But, you probably already figured that one out as it's pretty obvious.

Must have missed that bit of 'obvious' because homebrewing in the US is a legal non-issue. But thanks just the same.

On the federal level (and in most states) making your own wine has been completely legal since prohibition was repealed in 1933. Beer was inadvertently left out of the wording of the 21st amendment so there was some question about it in certain places up until 1978. However, home brewing was officially made legal in 1979 thanks to Jimmy Carter. Some states dragged their feet about reconciling their local laws with the federal rule, which unfortunately left homebrewing in a legal gray area in a few places. Primarily in the deep south (i.e. Mississippi and Alabama). But that changed in 2013 when those last two holdouts formally legalized home brewing. In theory production is restricted to an 200 gallons per household annually for personal consumption. But as long as you're not selling any of it, nobody pays that rule much attention.

I think you're mistaking my intention. My intention has nothing to do with the legality of homebrewing. It has only to do with "go and homebrew because when you do, you're not paying taxes to the state, and you are effectively defunding the state."

To be clear - I am advocating the withdrawl of any activity that you possibly can that benefits the state, e.g. by not buying booze that is taxed (which funds the state) and instead brewing your own.

I didn't want to say anything about the legality of it.

In the blog post... err... I'd better not quote that here.

Besides, anyone can easily brew better beer at home than they'd get from the store.

But it's also practical. You save money.

Save money... get better beer... defund the state... what's not to love?

I think I need to talk to the guys at the brew store & see if they'll take Bitcoin!

Cuffy · « **Reply #611 on:** July 19, 2014, 08:02 PM »

"legalized home brewing. In theory production is restricted to an 200 gallons per household annually for personal consumption. But as long as you're not selling any of it, nobody pays that rule much attention."

I've been around since 1933 and remember bits and pieces of the prohibition debate.
In a bit of haze, I remember 400 gallons??? you needed a permit from the feds and many years down the road it was discovered that the requests for a permit were ratholed in a government warehouse somewhere and never even opened. Some lady sat at the door, received the requests from the mailman, threw the mail onto the pile behind her........... end of story!
I think the mail remains unopened and the pile in the warehouse continues to grow.
Any thoughts?

Renegade · « **Reply #612 on:** July 22, 2014, 08:44 AM »

Eric Nakagawa is the co-founder of I Can Has Cheezburger.

Chase is closing his bank account on him. Apparently he bought some Bitcoins/Dogecoins. Therefore, go nuclear & close his account. Makes sense.

https://twitter.com/ericnakagawa/status/491441392372047873/photo/1

Another apparently deleted post:

http://www.reddit.com/r/Bitcoin/comments/2bd7z6/i_can_has_bitcoin_no_chase_bank_shuts_down/cj45r7r

Quote

@ericnakagawa:
2014-07-22 04:36:55 UTC
Chase is closing all my bank accounts after I buy Bitcoin on @coinbase /cc @pmarca pic.twitter.com [Imgur]

Thread:

http://www.reddit.com/r/Bitcoin/comments/2bd7z6/i_can_has_bitcoin_no_chase_bank_shuts_down/

Quote

ericnakagawa 24 points 3 hours ago
It's funny, because they kept my credit card account open. But "real" money accounts are getting shut down.

I hope that Chase & the boys keep going and continue to shut down people's banks accounts... en masse... all of them... Force people to use either cash or Bitcoin.

Keep going boys! I'm cheering for you! Keep it up! Keep. It. Up...

This isn't new though. Banks have been on a spree closing accounts of all kinds of people. So far it seems to be mostly targeted industries/activities, e.g. bitcoin & porn.

Renegade · « **Reply #613 on:** July 23, 2014, 07:40 AM »

Here's a quiet heads up - Ethereum is now available for sale:

https://www.ethereum.org/

1 BTC = 2,000 ETH

Ethereum is basically for smart contracts. It costs ETH to maintain a contract. The uses are insanely broad. If Ethereum catches on (which it probably will - it's well funded and has some of the smartest people around working on it), it will revolutionise how we do business.

40hz · « **Reply #614 on:** July 23, 2014, 07:35 PM »

Do you use Bitcoin? A criminal-hacker by the name of 'w0rm' does!

This from Ars Technica...

Quote

WSJ website hacked, data offered for sale for 1 bitcoin
Same hacker attacked BBC, Vice websites, offered user databases for sale.

by Sean Gallagher - Jul 23, 2014 2:51 pm UTC

Dow Jones & Co. took two servers that store the news graphics for The Wall Street Journal website offline yesterday evening after a confirmed intrusion by a hacker calling himself “w0rm.” The hacker was offering what he claimed was user information and server access credentials that would allow others to “modify articles, add new content, insert malicious content in any page, add new users, delete users, and so on,” Andrew Komarov, chief executive officer of cybersecurity firm IntelCrawl, told The Wall Street Journal.

W0rm, according to Komarov, is the same individual previously known as “Rev0lver” and “Hash,” a Russian hacker who tried to sell access to the BBC’s servers last December and attacked the Web servers of Vice Media earlier this year. At 5:30pm ET on July 21, he posted a screenshot to Twitter that showed the e-mail address, username, and hashed password for the database admin on a wsj.com server. He offered to sell the full dump of the database table of authorized users for one bitcoin through an exploit marketplace at w0rm.in...

tomos · « **Reply #615 on:** July 23, 2014, 08:52 PM »

^ I'll take the bait:

what did these people use before bitcoin?
what would they use if there were no bitcoin?

Stoic Joker · « **Reply #616 on:** July 23, 2014, 11:26 PM »

Quote from: tomos on July 23, 2014, 08:52 PM

^ I'll take the bait:

what did these people use before bitcoin?

Nothing, crime didn't even exist before Bitcoins were created. But instantly after their manifestation the entire planet en masse went criminally insane.

Quote from: tomos on July 23, 2014, 08:52 PM

what would they use if there were no bitcoin?

They'd all have to go back to swapping hen weights and handjobs.

tomos · « **Reply #617 on:** July 23, 2014, 11:43 PM »

^ thanks for that clarification sj

Renegade · « **Reply #618 on:** July 24, 2014, 03:46 PM »

Quote from: Stoic Joker on July 23, 2014, 11:26 PM

Quote from: tomos on July 23, 2014, 08:52 PM
^ I'll take the bait:

what did these people use before bitcoin?

Nothing, crime didn't even exist before Bitcoins were created. But instantly after their manifestation the entire planet en masse went criminally insane.

Quote from: tomos on July 23, 2014, 08:52 PM
what would they use if there were no bitcoin?

They'd all have to go back to swapping hen weights and handjobs.

Yup. That.

Coinkite now has a Tor address:

http://blog.coinkite.com/post/92733188841/coinkite-has-an-onion-for-tor

Quote

Many of our users protect their privacy and defend themselves against snooping advertising companies by using Tor. This has been the case from day one at Coinkite and we accept that everyone has their own reasons.

Until now, these users have been using the Tor Browser and simply surfing to Coinkite.com using that wonderful package. Starting today, anyone who wishes to use Tor with Coinkite can also use our new “onion address" to connect directly to Coinkite over the Tor network:

http://gcvqzacplu4veul4.onion