> Bitcoin has been hacked - though nothing has been stolen - the site
> attacked (indirectly given network this and that) being the one
> trading Bitcoin for USD.
> I'm a cynic of course, and believe Microsoft is hacked by itself in
> order that we can't use counterfeit copies because of the update
> system. Bitcoin will probably recover for a while, but it has already
> demonstrated technology could do a lot to undercut government and
> international money.
I give MS a bit of crap over their policies affecting their products but
I really enjoy the compatibility and usual ease of use. Of course I like
dictating my own tech so I've dabbled in Gentoo and now mostly Ubuntu
for convenience, though I have my gripes in the open world too. ;) I am
very surprised the treasury dept didn't crack down on bitcoin, I recall
it being illegal to operate an alternative currency like scrip and whatnot.
> In this sense, spreadsheets and databasing could remove a great deal
> of current decision making and its link to vast 'earnings' and
> political currency. The barcode on a tin of tuna, for instance, could
> light up a computer search showing its money-misery trail, effects on
> world pollution, species wipe out and so on.
That would be interesting, but there is some difficulty verifying
information even eye witnesses with a camera. So many times I watch a
short clip of footage and am left wondering what the events leading up
to it are or why they centered on something without a larger scope for
people to decide for themselves what is going on. The news is especially
bad at this on all matters political.
> The currencies of politics and business rely on non-transparent
> manipulation behind what is put in front of us - this too could be
> done away with through technology.
I liked the example with the consumer product, it would be interesting
to have access to the money trail behind a politician's funding.. Very
revealing! I think you have a vote on this one.
> On Jun 17, 4:40 am, Ash<ashkas...@gmail.com> wrote:
>> Another thanks for the bitcoin intro Archy, I read a short spec and it
>> sounded quite interesting!
>> My fiancee's dad mentioned recently that the porn industry won the
>> battle in VHS vs Beta tape back in the day, though a gen-exer here I
>> didn't get hip to net porn until highschool (1998ish). Socioeconomics
>> played a part in that, now I hear they plan on shutting down libraries
>> in my hometown..
>>
>> On 6/16/2011 7:45 PM, archytas wrote:
>>
>>
>>
>>
>>
>>
>>
>>> Porn led the Internet commerce at one stage Orn. I am a bitsad
>>> personally!
>>> On Jun 11, 6:25 pm, ornamentalmind<ornsmindseyes...@yahoo.com> wrote:
>>>> Looking further, the Bitcoin's volatility is obvious and currently is
>>>> on the downturn:
>>>> https://mtgox.com/trade/megaChart
>>>> On Jun 11, 10:16 am, ornamentalmind<ornsmindseyes...@yahoo.com>
>>>> wrote:
>>>>> From Yahoo News, one can find that archytas was spot on when it came
>>>>> to theBitcoin:
>>>>> http://finance.yahoo.com/banking-budgeting/article/112907/bitcoin-tri...
>>>>> On Jun 6, 8:47 am, archytas<nwte...@gmail.com> wrote:
>>>>>> There a new global currency -Bitcoin. You can google it. The idea
>>>>>> isn't new - there have been many local economic transfer schemes.
>>>>>> Potentially we could all useBitcoinand have as little to do with
>>>>>> official currencies as possible. In this sense, the connection of
>>>>>> politics s with currency comes into relief without metaphor. The
>>>>>> basic analogy works for me - politicians are in play for the currency
>>>>>> of votes and these are broadly bought. My own contention is that we
>>>>>> have no politics at all, just animal posturing. We would need to be
>>>>>> rational for politics and clearly are not.
>>>>>> On Jun 6, 12:53 pm, Ash<ashkas...@gmail.com> wrote:
>>>>>>> On 6/6/2011 7:09 AM, paradox wrote:> A friend said to me the other day "The sole difference between
>>>>>>>> Politics and Business is one of Currency"; initially, i thought that
>>>>>>>> this might be a simplification too far, and unduly cynical perhaps
>>>>>>>> (though i dont believe he meant it in a perjorative sense); yet, the
>>>>>>>> more i think about it, the more difficult it is for me to refute.
>>>>>>>> Any thoughts?
>>>>>>> You could say they are composed of multiple competing currencies, seeing
>>>>>>> it all as the interplay of exchange.
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