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

2014-03-07 Thread Arnaud Kodeck
. -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 jone...@pacbell.net wrote: Bitcoin's pseudonymous creator Satoshi Nakamoto willed

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 jone...@pacbell.net 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 James Bowery
On Thu, Feb 27, 2014 at 12:31 AM, Eric Walker eric.wal...@gmail.com 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

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 jabow...@gmail.com wrote: On Thu, Feb 27, 2014 at 12:31 AM, Eric Walker eric.wal...@gmail.comwrote: 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

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

2014-02-27 Thread fznidarsic
Message- From: Jed Rothwell jedrothw...@gmail.com To: vortex-l vortex-l@eskimo.com Sent: Wed, Feb 26, 2014 8:42 pm Subject: Re: [Vo]:Is there an echo in here? Craig cchayniepub...@gmail.com wrote: I went to the bank and wired money to a company here in the US. The process took over

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

2014-02-27 Thread James Bowery
-Original Message- From: Jed Rothwell jedrothw...@gmail.com To: vortex-l vortex-l@eskimo.com Sent: Wed, Feb 26, 2014 8:42 pm Subject: Re: [Vo]:Is there an echo in here? Craig cchayniepub...@gmail.com wrote: I went to the bank and wired money to a company here in the US. The process took

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 jabow...@gmail.com 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

[Vo]:Is there an echo in here?

2014-02-26 Thread Jones Beene
Emergent memes are merging this year... Paraphrased from recent articles: Bitcoin is a digital currency, backed by no commodity or central bank. It exists because a small number of humans have chosen to believe in its legitimacy. The implication is that once a threshold number of true believers

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

2014-02-26 Thread Jed Rothwell
Jones Beene jone...@pacbell.net 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

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

2014-02-26 Thread Bob Cook
Subject: [Vo]:Is there an echo in here? Emergent memes are merging this year... Paraphrased from recent articles: Bitcoin is a digital currency, backed by no commodity or central bank. It exists because a small number of humans have chosen to believe in its legitimacy. The implication is that once

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

2014-02-26 Thread Bob Cook
Subject: [Vo]:Is there an echo in here? Emergent memes are merging this year... Paraphrased from recent articles: Bitcoin is a digital currency, backed by no commodity or central bank. It exists because a small number of humans have chosen to believe in its legitimacy. The implication is that once

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 James Bowery
On Wed, Feb 26, 2014 at 8:20 AM, Jones Beene jone...@pacbell.net 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

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 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 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 hveeder...@gmail.com: Gold coins

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 jone...@pacbell.net To: vortex-l@eskimo.com 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

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

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

2014-02-26 Thread Jed Rothwell
Jones Beene jone...@pacbell.net 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

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 jedrothw...@gmail.com wrote:

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

2014-02-26 Thread Jed Rothwell
H Veeder hveeder...@gmail.com 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

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 fever

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

2014-02-26 Thread Randy wuller
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 was there when IBM's deployment of MSDOS

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 rwul...@freeark.com 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. sigh

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

2014-02-26 Thread Randy wuller
PM Subject: Re: [Vo]:Is there an echo in here? On Wed, Feb 26, 2014 at 5:36 PM, Randy wuller rwul...@freeark.com 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

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

2014-02-26 Thread Jed Rothwell
Terry Blanton hohlr...@gmail.com 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 Jed Rothwell
Randy wuller rwul...@freeark.com 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

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

2014-02-26 Thread Jed Rothwell
James Bowery jabow...@gmail.com 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

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

2014-02-26 Thread Alain Sepeda
-l vortex-l@eskimo.com *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 MSDOS on its PCs forced everyone to buy MSDOS and write applications for MSDOS: The network effect

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

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 jedrothw...@gmail.com wrote: James Bowery jabow...@gmail.com 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

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 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

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

2014-02-26 Thread Jed Rothwell
Craig cchayniepub...@gmail.com 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.

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

2014-02-26 Thread Jed Rothwell
James Bowery jabow...@gmail.com 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

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 jedrothw...@gmail.com wrote: James Bowery jabow...@gmail.com 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

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 rwul...@freeark.com 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

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 jedrothw...@gmail.com 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