nettime Fwd: Stephen Foley: Bitcoin needs to learn from past e-currency

2013-12-04 Thread Douglas La Rocca
The devil is in the subordinate clause starting with while that hints at the collateral damage of the utopia you sketch. The question is whether transparency is a value per se. (I would argue: no, it's only a tool for achieving other goals such as ethical conduct and social responsibility.)

nettime Fwd: Stephen Foley: Bitcoin needs to learn from past e-currency

2013-12-04 Thread Douglas La Rocca
it would not require very much ingenuity or computational power to analyze all transactions associated to one Bitcoin wallet and, from the frequencies, quantities and network of its transactions, deduce the identity of its owner with practical certainty. There's a distinction between wallets

Re: nettime Fwd: Stephen Foley: Bitcoin needs to learn from past e-currency

2013-12-04 Thread olivier auber
Let me know if I'm wrong: one individual may own two or more bitcoin wallets. And this individual may be a robot or a weird mixture of flesh and silicon, let say a dog which constantly shift its identities and deals its bitcoins with some high frequency trading system. So, obviously cydogs will

Re: nettime Fwd: Stephen Foley: Bitcoin needs to learn from past e-currency

2013-12-04 Thread Doug La Rocca
I don't know how you figure bots will suck all the money. Bots are made by humans necessarily, and I can assure you they are quite difficult to make profitable (unless they directly steal). The beauty of Bitcoin's complicated mining system is that it fixes the quantity of money in circulation

Re: nettime Fwd: Stephen Foley: Bitcoin needs to learn from past e-currency

2013-12-04 Thread olivier auber
On Wed, Dec 4, 2013 at 5:38 PM, Doug La Rocca douglaro...@gmail.com wrote: I don't know how you figure bots will suck all the money. Bots are made by humans necessarily, and I can assure you they are quite difficult to make profitable (unless they directly steal). I guess that as far as the

Re: nettime GNUnion (Global Networked Labour Union)

2013-12-04 Thread Chapullers OrsanS
renewed text with a call, please feel free to spread and collaborate, it is an opensource and libre project which takes the rise of the GNU as an inspiration to it self. The target is the liberation and opensourcing and transcending the entirr capitalist mode of production. Let's free the