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Showing 7 of 7 results by plopper
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Board Altcoin Discussion
Re: [**OMG**] Welfare Coin [**stupid eye catching spam title CLICK ME! BEST TOPIC!*]
by
plopper
on 09/01/2014, 16:53:19 UTC
Since this was sure enough on page 6 with no other replies, I edited the title to be similar to all the other spam posted in this forum to compete, and I used a smiley icon.
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Topic
Board Altcoin Discussion
Re: Welfare Coin
by
plopper
on 09/01/2014, 13:29:31 UTC
You might be right that it might not work. The best agent to decide this would be the free market though. So the next question is: is it possible to overcome the technical problem of limiting 1 person per 1 wallet (so people can't simply make tons of extra wallets to collect the welfare payments). Its the age old sock puppet problem I guess. Each human has a unique fingerprint. But say a computer has a fingerprint scanner. What's to stop one human from faking another human's fingerprint (because the fingerprint would ultimately be digital so copyable). Craigslist had 1 lame solution which I hate (because I don't have a land line phone number so can't use their system much now) but they make you sign in with a landline telephone, knowing each person/house only typically has 1. Then they give a code to that phone number to prove you have that phone. Hmm.. online voting apparently solves this problem (not sure how), then again it is probably rigged on purpose so dead people/pets can repeatedly vote etc.

Probably pointless discussing this here because this subforum is apparently mostly a bunch of spam for obscure copycat coins trying to be the next get rich quick scheme. So naturally the mods moved my topic here, where it goes to page 6 in a few hours, then quickly buried forever after that.
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Topic
Board Altcoin Discussion
Re: Welfare Coin
by
plopper
on 09/01/2014, 05:18:14 UTC
Did the people of North Korea legitimately get an F, or were they outright conned/exploited/brainwashed by the people in power. They didn't get an F, they were given an F by a corrupt system. I mean their leader who fed his uncle to dogs gets an A I guess. Forcing A down and F up violates the non aggression principle, but if everyone opts into this voluntarily there is no force. Also it might not be A and F becomes C and C, but more like A and F becomes A- and F+, gradually over time. Just so some people can afford to eat more than their own fingernails which they can't even grow due to lack of nutrition. Centralization everywhere needs to be overthrown and such an 'averaging coin' would decentralize money and power, theoretically.
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Topic
Board Altcoin Discussion
Re: Welfare Coin
by
plopper
on 09/01/2014, 05:00:59 UTC
I read the wikipedia entry for dogecoin (you were spelling it doDge) and can find nothing regarding the wealth averaging behavior I described in the original post.

Note that a "welfare coin" (that term is kinda trollish since "welfare" often has negative connotations, so it needs a new term) would exist in a capitalist system. There could be multiple welfare coins with different percentages of averaging over time, all competing on the free market against other coins that do not have this behavior. I think it might be healthier for society overall, especially seeing how professional day traders are doing second-level big trades and trickery and possibly insider knowledge/etc to win everyone else's bitcoins on the exchanges. Is bitcoin just increasing the wealth gap? Then the exchanges themselves are exempt from their own fees so they can trade at the 1 cent level and still make profit while nobody else can == an enormous centralization of money and money == power. Money/power go hand in hand and centralization of it is bad. What would happen if people in north korea had access to a 'welfare coin'? Even if the dictator obtained the majority of the coins unfairly, it'd even out over time, giving the people more money and thus more power.

Who WOULDN'T voluntarily opt into to welfare coin; Bill Gates types. They would prefer bitcoin where they can stay in the .00001 percent of the richest elite. However bitcoin would be COMPETING with welfare coin, so bill gate's bitcoin value would decrease as the majority vote with their dollars for the more fair welfare coin.

Maybe the algorithm would give more averaging weight for the mega rich and mega poor, so it'd be the bill gates types mostly giving their money to the very poor types. Different welfare coin forks would use different algorithms, all competing on the free market. This is like a fusion of capitalism and socialism; voluntary socialism.
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Board Altcoin Discussion
Topic OP
[**OMG**] Welfare Coin [**stupid eye catching spam title CLICK ME! BEST TOPIC!*]
by
plopper
on 09/01/2014, 01:52:19 UTC
A major problem of civilization is the large wealth gap between the rich and poor. Since bitcoin has been called "programmable money", it seems this problem can be solved, simply by having the program calculate the overall wealth average, then slide everyone toward the average by a certain percent. I don't mean make everyone absolutely equal because then there'd be no incentive for anyone to work or innovate, just slid toward the average by a certain percentage over time (what percent would work best would have to be experimented with). I just mean society can be thought of as in same ship all being raised by the tide of overall total wealth together. So if a widget (like a computer) comes along that drastically alters society, everyone benefits, rather than just Bill Gates, etc.

Don't get me wrong; I am in the voluntaryist/libertarian camp, and know the argument Alex Jones makes against welfare of it being an attack on the middle class by the mega rich who are exempt from tax. And tax is a violation of the non aggression principle because people are forced into it. However welfare coin (or bitcoin reprogrammed as described above, moving everyone toward the wealth average) would be voluntary. Nobody would be forced to use it. What do you think?

Someone else said it could be exploited because people would make tons of extra wallets to catch all the welfare payments. So the technical problem seems to be limiting 1 wallet per 1 person (or even multple wallets per 1 person, but record which wallet belongs to who). It seems this technical problem could be solved with a fingerprint or similar somehow?
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Topic
Board Beginners & Help
Re: On creating a decentralized trading network.
by
plopper
on 23/12/2013, 04:02:23 UTC
Andreas Antonopoulos says bitcoin is programmable money. So I guess it could be programmed like a simple AND switch. If bob AND jane both set the trade bit to 1, only THEN it trades. Seems that would prevent the usual problem of a scam where bob sends jane 10 foo coins, but jane scams and doesn't send any in return.
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Topic
Board Beginners & Help
Topic OP
how get btc data using python to compute moving average etc myself
by
plopper
on 23/12/2013, 03:43:34 UTC
Like bitcoinwisdom has all that data, where do they get it. Like is there an 'official' site like the 'blockchain' maybe or whatever that I'm supposed to get this data? I want to use python to obtain whatever data is necessary to compute stuff like the moving average etc. I found python-bitcoin, but that seems just for making/accepting payments. What I want is to get info like to create charts and stuff. If there's no official place am I supposed to just scrape content from wherever?