Quote from: thoughtfan on January 06, 2014, 11:23:54 PM

Quote from: thaaanos on January 06, 2014, 11:05:27 PM

Quote from: thoughtfan on January 06, 2014, 10:36:25 PM

Quote from: thaaanos on January 06, 2014, 09:40:13 PM

And I ask you that, would you do it? would you made *any* decision that could affect millions based only in your judgement?

I have no idea. Unlike politicians and central bankers I would hate to be in the position to have to make those decisions. Fortunately with Bitcoin neither I nor anyone else needs to make those decisions any more. We all know the score from day one and can plan accordingly.

well satoshi did.

Nope, he just made his creation as an experiment, putting into action his ideas that those who follow may chose to participate or not, you included. I don't go with the car analogy because I don't believe a currency should steer itself around the 'corners' of an economy, rather that it is a tool that serves its purpose better for being predictable. But you notice I don't state that as fact. I don't know. I look forward to finding out. On the other hand you appear to be immovable and refusing to listen to any opinion other than your own. Good luck

Oh, and whilst it is true no lone ranger is likely to be able to counter the network effect of Bitcoins if you have valid arguments and can persuade enough people (I suggest you engage differently or look elsewhere) there are plenty of options with different economic models e.g. Freicooin. Go support them

Sorry for beeing *maybe* pedanting but euro started as an experiment, so did the internet, the atomic bomb, but we all know by whom and to what ends. Conducting an experiment in the wild and after it goes viral you dissapear doesn't sound very responsible.

I for one like to always be in a position that maximizes my degrees of freedom. I can't understand the choice of pegging the parameters.
It reminds me of papers that start to create a model of reality and end up doing a fairly good job at it only to find the model too complex and unsolvable. Then in the conclusions they start simplifications, hidden assumptions, pegging parameters to make it solvable. But its not reality anymore. Here only to work bakwards get a solvable? simple model peg its parameters, make that a reality. But reality is known to be a bitch and will hack and slash.

And I have yet to listen to a single argument that deflation is good, all I hear is inflation is bad.