Quote from: ronenfe on February 19, 2013, 04:04:55 PM

Quote from: lassdas on February 19, 2013, 02:22:20 PM

So, let me rephrase that:
You don't know what Bitcoin is, how it works, or what it's good for, but came up with an idea that is somehow better?
How can you even decide that your idea is better, if you haven't understood the idea behind Bitcoin yet?

The whole point behind Bitcoin is, that it doesn't need a central authority.
You didn't even get that.

You have to do a lot of research.

That's right I don't know much about bitcoins expect to what i read in a few pages, I know it doesn't need a central authority. But based of what I did read which is that one person has 250000 coins which is 1 percent of the total wealth, and others also have too much, I can still say that a fair system is one that nobody starts with more than the other. I don't see any moral justification in which the first comer get the most, and I'm sure other better ideas can be thought to fix that.
It's also true I don't understand the reason bitcoins production is decided to work this way.

Quote from: Walter Rothbard on February 19, 2013, 02:48:03 PM

Nope. The system is based around the idea of an economy built on exchanges of bitcoin for goods and services. Provide or good or service, and you can get some bitcoin.

(Mining is just a footnote.)

This idea happens in all economies. I'm not talking about how the bitcoins exchanged later, I'm talking about the problem in creating bitcoins this way.

Sigh, you still haven't understood:
It's not the production that was decided to work that way, it's the way the system works, the production, or rather initial distribution of coins is a side-effect of that way.
Satoshi could also have chosen to simply create all coins from the start and give them away to anyone he likes, but he didn't, he chose to fairly distribute the coins among those that keep the system running.

And here's the better idea you come up with:
a central authority in control of everything,
a central authority to check your biometric identity to decide if you get some coins or not,
a central authority that has the power to dissallow you to send transactions to certain individuals (terrorists, wikileaks, enemies of the state),
a central authority that also has the power freeze your account and assets at a whim (because you're a terrorist, wikileaks, enemy of the state),
a central authority that most likely will abuse its powers.

That's why we need a system that is independent of ANY authorities, if you don't like it, use PayPal (although they won't give you any coins for free either).

Anyway, I suggest you read a bit more about Bitcoin, what it is, why it was deeply needed and how exactly it works, maybe.....just maybe you'll understand someday why people value it.
Sorry to say, but as long as you don't understand what it is and how it works, it makes no sense to argue at all.

Over and out.