RE: [Vo]:Is there an echo in here?

2014-03-07 Thread Arnaud Kodeck
foundation. -Original Message- From: Terry Blanton [mailto:hohlr...@gmail.com] Sent: vendredi 7 mars 2014 01:16 To: vortex-l@eskimo.com Subject: Re: [Vo]:Is there an echo in here? On Wed, Feb 26, 2014 at 9:20 AM, Jones Beene wrote: > Bitcoin's pseudonymous creator "Satoshi Nakamoto&quo

Re: [Vo]:Is there an echo in here?

2014-03-06 Thread Terry Blanton
On Wed, Feb 26, 2014 at 9:20 AM, Jones Beene wrote: > Bitcoin's pseudonymous creator "Satoshi Nakamoto" willed that currency into > existence in 2009, Not a pseudonym: http://mag.newsweek.com/2014/03/14/bitcoin-satoshi-nakamoto.html

Re: [Vo]:Is there an echo in here?

2014-02-27 Thread Eric Walker
On Thu, Feb 27, 2014 at 5:51 AM, James Bowery wrote: There have been a few occasions where it was clear you hadn't read my prior > messages, since you repeated what I had already said but without > attribution, > One doesn't need to attribute something to someone if it's a commonly held view and

Re: [Vo]:Is there an echo in here?

2014-02-27 Thread James Bowery
was there still asking > for gas money. > > Frank > > > > -Original Message- > From: Jed Rothwell > To: vortex-l > Sent: Wed, Feb 26, 2014 8:42 pm > Subject: Re: [Vo]:Is there an echo in here? > > Craig wrote: > > >> I went to the bank and wired mo

Re: [Vo]:Is there an echo in here?

2014-02-27 Thread fznidarsic
Message- From: Jed Rothwell To: vortex-l Sent: Wed, Feb 26, 2014 8:42 pm Subject: Re: [Vo]:Is there an echo in here? Craig wrote: I went to the bank and wired money to a company here in the US. The process took over an hour of my time, and the receiver didn't receive the mone

Re: [Vo]:Is there an echo in here?

2014-02-27 Thread James Bowery
On Thu, Feb 27, 2014 at 7:51 AM, James Bowery wrote: > > > > On Thu, Feb 27, 2014 at 12:31 AM, Eric Walker wrote: > >> >> I agree. Bitcoin's built-in deflation is its Achilles heel. James will >> surely disagree with me on this one, but I'm happy to go along with modern >> economics on the ques

Re: [Vo]:Is there an echo in here?

2014-02-27 Thread James Bowery
On Thu, Feb 27, 2014 at 12:31 AM, Eric Walker wrote: > > I agree. Bitcoin's built-in deflation is its Achilles heel. James will > surely disagree with me on this one, but I'm happy to go along with modern > economics on the question of deflation. Keep in mind in this regard that > bitcoin is j

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread Eric Walker
On Wed, Feb 26, 2014 at 3:05 PM, Jed Rothwell wrote: Security is not unique to Bitcoin; what is unique is that it is anonymous > and untraceable. Some people want that, and some such as drug dealers need > it, but I have no use for it. > Interestingly, bitcoin does not appear to be untraceable.

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread Eric Walker
Hi, On Wed, Feb 26, 2014 at 2:36 PM, Randy wuller wrote: I have listened as long as I can to this discussion of Bitcoin by a > community of those alleged technical people (ie scientists) on a email list > devoted to for the most part "Cold Fusion/LENR". > I know of two or three scientists on t

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread James Bowery
On Wed, Feb 26, 2014 at 7:49 PM, Jed Rothwell wrote: > James Bowery wrote: > The whole point of money is to have stable values and as much of the stuff > as you need to conduct business. If the value of the dollar or yen doubled > one day and dropped by a huge fraction a month later, there would

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread Jed Rothwell
James Bowery wrote: > 1) Cryptographically secure limited number of coins. >>> >> >> I don't see any value to this. It causes the value to fluctuate rapidly >> and unpredictably. >> > > Your first statement is incorrect. There is clearly market value in > holding a quantity of anything that is

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread Jed Rothwell
Craig wrote: > I went to the bank and wired money to a company here in the US. The > process took over an hour of my time, and the receiver didn't receive the > money for serveral hours. That's not good. At Bank of America you can do it on line. If you have the info. about the other party it o

RE: [Vo]:Is there an echo in here?

2014-02-26 Thread Jones Beene
From: Jed Rothwell You obviously missed the president's speech the other day when he said "The time of prosperity is over." When did he say that?!? It sounds out of character. Terry did not say which President http://www.theonion.com/articles/bush-our-long-national-nightmare-of-pea

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread James Bowery
To sum up my monetary system's basis: "By this means, the monetary base becomes the liquid value of the local economy's assets." Maintenance of zero inflation/deflation is achieved by increasing or decreasing the citizen's dividend with respect to revenue. On Wed, Feb 26, 2014 at 5:39 PM, James

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread James Bowery
On Wed, Feb 26, 2014 at 5:05 PM, Jed Rothwell wrote: > James Bowery wrote: > > >> 1) Cryptographically secure limited number of coins. >> > > I don't see any value to this. It causes the value to fluctuate rapidly > and unpredictably. > Your first statement is incorrect. There is clearly marke

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread Craig
Sure, but electronic-speed wire transfer began in the 1850s, I think. Modern wire transfer began in 1871. - Jed I went to the bank and wired money to a company here in the US. The process took over an hour of my time, and the receiver didn't receive the money for serveral hours. With Bi

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread Alain Sepeda
y. > > - Original Message - > *From:* James Bowery > *To:* vortex-l > *Sent:* Wednesday, February 26, 2014 3:47 PM > *Subject:* Re: [Vo]:Is there an echo in here? > > What is "there" in BItcoin is what was "there" when IBM's deployment of &

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread Jed Rothwell
James Bowery wrote: > 1) Cryptographically secure limited number of coins. > I don't see any value to this. It causes the value to fluctuate rapidly and unpredictably. > 2) Cryptograpicically secure transmission of coins between private keys. > They have had this for a long time. Wire trans

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread Jed Rothwell
Randy wuller wrote: > Currency to have value in our modern age can't be fixed to some arbitrary > value, it must be able to grow rapidly as the value of goods and services > can and should grow rapidly in the future. Human value has almost nothing > to do with productivity anymore, neither shoul

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread Jed Rothwell
Terry Blanton wrote: > You obviously missed the president's speech the other day when he said > "The time of prosperity is over." > When did he say that?!? It sounds out of character. - Jed

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread Randy wuller
If he said that I am happy I missed it. I would have thrown my shoe at the TV. Utter nonsense. We are about to enter an age of almost unlimited prosperity. - Original Message - From: "Terry Blanton" To: Sent: Wednesday, February 26, 2014 4:45 PM Subject: Re: [Vo]:I

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread Terry Blanton
On Wed, Feb 26, 2014 at 5:36 PM, Randy wuller wrote: > The sooner you stop thinking like 19th century people the sooner we can > start living in the world of plenty. You obviously missed the president's speech the other day when he said "The time of prosperity is over."

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread Randy wuller
hinking like 19th century people the sooner we can start living in the world of plenty. - Original Message - From: James Bowery To: vortex-l Sent: Wednesday, February 26, 2014 3:47 PM Subject: Re: [Vo]:Is there an echo in here? What is "there" in BItcoin is what w

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread James Bowery
What is "there" in BItcoin is what was "there" when IBM's deployment of MSDOS on its PCs forced everyone to buy MSDOS and write applications for MSDOS: The network effect. There are two essential ingredients that go into this network effect for Bitcoin and neither of them involve "speculative fev

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread Jed Rothwell
H Veeder wrote: > If people stopped valuing flowers, the tulip bulb would cease to have > value. > True, but people have valued flowers in every culture, in every era in recorded history. It seems to be inborn. Or instinctual. So there is little chance that people will stop valuing them. Wherea

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread H Veeder
It is a matter of values rather than beliefs. If people stopped valuing flowers, the tulip bulb would cease to have value. Likewise if people stopped valuing computer science, bit coins would cease to have value. Harry On Wed, Feb 26, 2014 at 1:55 PM, Jed Rothwell wrote: > Jones Beene wrote:

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread Jed Rothwell
Jones Beene wrote: > The real problem with Bitcoins is not really security. Instead it is that > there is "nothing there, there" nothing but speculative fever. > > > > Anyone contemplating any renegade currency should read up on the Dutch > Tulip bubble of 1619 and beyond. . . . > See the book

RE: [Vo]:Is there an echo in here?

2014-02-26 Thread Jones Beene
From: alain.coetm...@gmail.com it seems that test is the object of the bitcoin miners. they don't mine crytokeys, thet are simply paid for their work to check and reconcile the transations log, the accounting registers... The real problem with Bitcoins is not really security. Instead i

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread Bob Cook
Jones-- I make the same mistake frequently. Bob - Original Message - From: "Jones Beene" To: Sent: Wednesday, February 26, 2014 8:02 AM Subject: RE: [Vo]:Is there an echo in here? -Original Message- From: Bob Cook Jones--Bob here. Due to two emergent me

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread Alain Sepeda
it seems that test is the object of the bitcoin miners. they don't mine crytokeys, thet are simply paid for their work to check and reconcile the transations log, the accounting registers... some expert should correct me. 2014-02-26 18:05 GMT+01:00 H Veeder : > Gold coins could be counterfeited

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread Eric Walker
> What is the byte test for bitcoins? ;-) Verification of a chain of cryptographic signatures, if I'm not mistaken. I.e, perhaps the most secure way we know of for verifying the provenance of something at the moment. Eric

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread H Veeder
Gold coins could be counterfeited, so people would bite them to see if they were real. What is the byte test for bitcoins? ;-) harry

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread James Bowery
On Wed, Feb 26, 2014 at 8:20 AM, Jones Beene wrote: > control of Bitcoin's control capability has come into question. > Not by any reputable analysts. The problems thus far have been in the financial services layer, not in the underlying cryptocurrency wire-transfer/public ledger layer. The fi

RE: [Vo]:Is there an echo in here?

2014-02-26 Thread Jones Beene
-Original Message- From: Bob Cook Jones--Bob here. >> Due to two emergent memes coming together at the same time, one wonders if Andrea Rossi was paid in Bitcoins :-) > I do not think so. Hi Bob, Sometimes my best effort at a bit of cynical humor do not shine through :)

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread Bob Cook
Jones--Bob here. Due to two emergent memes coming together at the same time, one wonders if Andrea Rossi was paid in Bitcoins :-) I do not think so. Bob - Original Message - From: "Jones Beene" To: Sent: Wednesday, February 26, 2014 6:20 AM Subject: [Vo]:Is there an echo in here?

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread Bob Cook
Jones--Bob here. Due to two emergent memes coming together at the same time, one wonders if Andrea Rossi was paid in Bitcoins :-) I do not think so. Bob - Original Message - From: "Jones Beene" To: Sent: Wednesday, February 26, 2014 6:20 AM Subject: [Vo]:Is there an echo in here?

Re: [Vo]:Is there an echo in here?

2014-02-26 Thread Jed Rothwell
Jones Beene wrote: > The Rossi E-Cat is an advanced but unproved energy device which has been > publicly replicated by no reliable laboratory, and exists because a small > number of humans working on similar projects have chosen to believe in its > legitimacy. There are FAR better reasons for