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Showing 20 of 52 results by evenlydistributingfuture
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Board Legal
Re: California Bill Update Eases Burden for Bitcoin Startups
by
evenlydistributingfuture
on 14/07/2015, 17:49:44 UTC
On the whole, it appears better than the BitLicense. I guess we'll see. Hopefully, something more like this becomes the trend rather than the BitLicense.
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Board Bitcoin Discussion
Re: Lloyds issues Emerging Risk Report on Bitcoin
by
evenlydistributingfuture
on 01/07/2015, 05:09:23 UTC
Definitely, insurance is going to get involved at some point; that will be a big sign that the BTC ecosystem is not small potatoes and is going to keep growing.  If there's enough money, there will be insurance. Very positive that Lloyd's is looking into it.
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Board Economics
Re: Will Bitcoin 'save' Greece?
by
evenlydistributingfuture
on 01/07/2015, 04:57:50 UTC
BTC doesn't strike me as being a white knight riding in to save Greece. Besides the problem having to do with debt levels and government obligations, it's also too deeply rooted to solve quickly in any way. Greece is just going to be on the ropes for a while. I don't know where their silver lining could be.
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Board Bitcoin Discussion
Re: WSJ like bitcoin
by
evenlydistributingfuture
on 01/07/2015, 04:54:02 UTC
The "Age of Cryptocurrency" book written recently by two WSJ reporters has a relatively favorable opinion of BTC. Their colleagues might well have gotten their first impression of BTC through that book.
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Board Bitcoin Discussion
Topic OP
"Bitcoin Will Bite the Dust" report
by
evenlydistributingfuture
on 30/06/2015, 16:06:50 UTC
The Cato Institute just released a new report with the above title--will Bitcoin bite the dust?

I guess most people here would disagree, but does anyone have a response to this report?

Any rebuttals for ideas like that the BTC mining industry is a natural monopoly because of economies of scale?

 Is there such a natural drive toward centralization and will it kill off Bitcoin?

Here it is: http://object.cato.org/sites/cato.org/files/serials/files/cato-journal/2015/5/cj-v35n2-12.pdf

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Board Off-topic
Re: Statue of liberty
by
evenlydistributingfuture
on 25/06/2015, 22:20:28 UTC
Viktor Frankl proposed that a twin statue called the Statue of Responsibility be placed on the West Coat.

https://en.wikipedia.org/wiki/Statue_of_Responsibility

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Board Politics & Society
Re: GOP - Rand Paul's Presidential Highlight Reel w/ his Libertarian Twist
by
evenlydistributingfuture
on 25/06/2015, 22:18:51 UTC
Breaking: Rand Paul to sue IRS, U.S Treasury

Rand Paul is poised to become the first major presidential candidate in memory to sue the government he seeks to lead as president.

The Kentucky senator will take legal action against the U.S. Treasury and the Internal Revenue Service for what he says is the denial of his constitutional right to vote on more than 100 tax-information treaties that the Obama administration unilaterally negotiated with foreign governments, The Washington Times has learned.

In what the suit says is a violation of Article II, Section 2 of the Constitution, President Obama has not consulted the U.S. Senate about the treaties nor given the Senate an opportunity to approve or disapprove of the treaties. The administration calls them “intergovernmental agreements.” They require foreign banks to gather and share private financial information about millions of Americans living and working outside the U.S. — information they would not have to disclose to the U.S. government if they lived and worked in the U.S.

Read more: http://www.washingtontimes.com/news/2015/jun/24/sen-rand-paul-sue-irs-us-treasury/#ixzz3e34LssWN


Whoa, that's the first I've heard of this new lawsuit of Paul's. He's the best politician in America for stirring up discussion about his priorities. This is an interesting way to raise awareness of his cause especially with TPP coming on strong in Congress. Hopefully, this results in more talk about what free trade is and what it looks like.
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Board Politics & Society
Re: Apple Removes All American Civil War Games From the App Store Showing the Flag
by
evenlydistributingfuture
on 25/06/2015, 22:07:22 UTC
Wow, that's a ridiculously silly move for Apple to make. I'm surprised that seemingly otherwise intelligence people are doing it; maybe it's because they feel pressured to do it by a media culture of political correctness easily carried away by even slight signs of difference of opinion.

Tim Cook must be a very smart guy. Surely he and other Apple folks don't privately think this is worth doing.
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Topic
Board Economics
Re: Technological unemployment is (almost) here
by
evenlydistributingfuture
on 25/06/2015, 22:03:36 UTC
Which of the developed countries is most likely to try once again to deal with the ramifications of a guaranteed minimal income--either to implement it or just seriously consider it? I recall Switzerland voting against it via popular vote about two years ago.



Did anyone's perception of Richard Nixon change when they found out he wanted to put in place a similar negative income tax while he was president?
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Board Economics
Re: Banks will adapt to disruptive impact of new technologies like Bitcoin
by
evenlydistributingfuture
on 25/06/2015, 21:46:49 UTC
Banks are definitely going to adapt to Bitcoin and the blockchain. The first bank or financial institution to do it will probably be outside the Western world, maybe in Ecuador or somewhere else where the country is planning experiments with blockchains/digital currencies on their own.
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Board Bitcoin Discussion
Re: BitLicense - EOBOT follows Xapo and leaves New York
by
evenlydistributingfuture
on 23/06/2015, 21:54:39 UTC
How much other BTC-related business has left NY? Besides Circle and Coinbase, as mentioned above in prior comments, which other big-name BTC companies are in NY?
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Board Politics & Society
Re: Opinions on Nanodegrees?
by
evenlydistributingfuture
on 23/06/2015, 21:49:37 UTC
Maybe right now a nanodegree is sort of analogous to a professional certificate or certification of some kind--it's not a bachelor's degree or an associate's degree, but it's more than just one or two classes someone has taken. It represents introductory understanding and basic experience with a given subject. That's my impression of it now, but maybe it will grow into something else.
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Board Off-topic
Re: How many Bitcoins are lost forever?
by
evenlydistributingfuture
on 23/06/2015, 21:36:34 UTC
Impossible to know... but when they were nearly worth nothing in the start, lot of them were lost for sure.
Yes, we can't be sure of the exact number of lost bitcoins. But:

1. It is not important.
2. It is actually a good thing that bitcoins are lost.
3. Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone.

I know this "donation to everyone" idea is from Satoshi Nakamoto's own commentary (or at least that's what I recall), but I don't see it as positive.
If it's true that around a third of all coins are basically lost and gone forever, that hurts far more people than it helps.

The few who bought in early might gain in value, but everyone else in the world loses out. That's a comparative handful of people having coins worth slightly more in exchange for the entire world facing a situation of higher prices and less likelihood to want to transact in BTC.
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Board Politics & Society
Re: Opinions on Nanodegrees?
by
evenlydistributingfuture
on 22/06/2015, 22:42:59 UTC
Probably going to catch on most with people who are learning supplementary skills. Most people who use Coursera, I believe, are men who already have bachelor's degrees. Maybe at first this will be the case with nanodegrees, especially since they are largely about computer science, as you point out.

In time, I think nanodegrees will be used for getting acquainted with introductory and fundamental skills and knowledge of a subject that's largely new to a student, but I don't know how claims of getting pretty large salaries will actually play out. I wouldn't expect anything extraordinary coming straight out of a nanodegree program. It will fit in somewhere in the hierarchy of higher education, not Ivy League at the top, nor something like hair salon school toward the other side of the spectrum. Its place will be closer to the top than the bottom, I think.
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Board Bitcoin Discussion
Re: The future of Bitcoin
by
evenlydistributingfuture
on 22/06/2015, 22:26:18 UTC
The future of Bitcoin may include a digital dollar at some point--maybe if the United States dollar is no longer the global reserve currency, or if the government wants to prolong the period of time in which its money is the lingua franca, so to speak, of the world, then it will establish some sort of crypto-facing currency that buys it more influence in a changing, multi-polar, Asia-centric world. Some sort of substantive action from the U.S. government will come at some point once various decision points pop up, which always does happen. I'm guessing the BTC future extends to governmental powers getting table stakes in the ongoing innovations in cryptocurrency; it'll be too costly not to.
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Board Legal
Re: Why bitcoin is going nowhere (too hard to buy bitcoin)
by
evenlydistributingfuture
on 22/06/2015, 00:40:50 UTC
Definitely true that it's not there yet in terms of easy acquisition of bitcoin. Non-tech people want something simple and clear, not convoluted or involving lots of effort on their part. If BTC doesn't make it as the prime cryptocurrency, or id digital currency doesn't take off at all somehow, then this will be high on the list of reasons why.
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Board Bitcoin Discussion
Re: Will/Did you mention Bitcoin in your first date?
by
evenlydistributingfuture
on 22/06/2015, 00:27:23 UTC
As it happens, yes I did mention Bitcoin on a first date. Obviously didn't go into geeky tech details, but just the revolutionary, innovative, somewhat anarchistic aspects of it, how I believe this is gonna change the world just like the Internet did, etc.

Here's my take on it: women generally like emotions (I get all passionate when I talk about Bitcoin), men with vision, men with money, men who believe in something and stand up for it and take initiative. So as long as you avoid a logical, factual, technical conversation, see how Bitcoin actually works great in a dating context?

By the way, this was over a year ago and she's still my girlfriend.

Smart. Very Smart.
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Board Politics & Society
Re: What will you do to the society if you are a billionaire?
by
evenlydistributingfuture
on 22/06/2015, 00:24:53 UTC
I'd pick several issues---low-income folks in need of legal services, decline in formation of new small businesses, need to rethink and retool education for a new 'Conceptual Age' in developed countries, et cetera--and solve them. I'd pick solvable problems, and then find solution(s). 

I think the best return on investment a billionaire can get from their philanthropy for people to almost forget that the problem solved was ever something people struggled with. Examples could diseases that have been taken care of, at least for the most part.
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Board Bitcoin Discussion
Re: BitLicense - EOBOT follows Xapo and leaves New York
by
evenlydistributingfuture
on 21/06/2015, 19:05:16 UTC
As long as they don't move when some acceptable form of regulation is put in to place.. Better start getting used to being regulated on some level..


Right on. There will inevitably be more regulation than has been the case so far, so Xapo and every other crypto-facing company will need to think for itself what it views as being too taxing or as acceptable. These should also try to help shape the debate when it comes to deliberating changes and discussing options publicly.

Hopefully, Xapo and others will soon have a successful regulation situation, one where they can agree to work with authorities and establish a precedent for complying with reasonable rules.
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Topic
Board Politics & Society
Re: Distributed Autonomous Government aka DAG
by
evenlydistributingfuture
on 21/06/2015, 18:59:34 UTC
Maybe with a DAG setup in place, peoples' seeming apathy about politics wouldn't be such a problem to good governance. Right now, since many people don't vote for various reasons, at least in the developed world, lack of civic participation is a big problem. Maybe DAGs could make that less problematic somehow.