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Showing 5 of 5 results by shogodz89
Post
Topic
Board Legal
Re: All of Satoshi's bitcoins will belong to NY after 5 years of inactivity
by
shogodz89
on 02/08/2014, 13:55:20 UTC
Forfeit Bitcoins that are inactive for over 5 years to the State of New York - (200.12c)

Am I reading this right?

No. No more than dollars under your mattress you don't use for 5 years belongs to NY.  Abandoned property deals with THIRD PARTY accounts.   So under the BitLicense if you had an account with an exchange and you didn't login for 5 years the EXCHANGE would turn the account over to the state.

Holy mother of fuck that cannot be real.

All they gotta do is make up some bullshit charges (Patriot Act or something) and put you in jail for 5 years and then keep all your money for inactivity. If you use coinbase or something that is.

Eh no. If you are convicted of a crime the government has no stake to take any property from you that is already yours.
The law prohibits the government from seizing property or money during incarceration, this is why people found guilty of embezzlement go to jail for a few years and come out rich as fuck. They strike a plea deal that states that they only pay a small fine and spend some time in jail, once they pay the fine the government cannot take any more money from them for the crime.
Post
Topic
Board Bitcoin Discussion
Re: Why is it so hard to regulate Bitcoin?
by
shogodz89
on 26/06/2014, 01:50:23 UTC
Open source doctrine works great for the digital age but it does not apply to everything in life. It would not be a sustainable or practical system if every idea or product were not subjected to IP rights.
We see plenty of examples for why open ideas are good but that does not mean it works everywhere. This is a mind set that works particularly well with the digital age.

IP laws protect the rights of the creator from having their ideas copied and sold without compensation. But as I said previously, it ultimately comes down to the IP originator to determine whether they want to require payment or not.


Just because you wrote some code for a company that you work for does not mean you are entitled to the profits of every copy of that software. You assume a consistent paycheck and wage when you sign a contract. Unless that contract gives you rights to a profit sharing program then you don't have the ability nor the moral authority to reap the profits of the software you developed for your employer. It is common sense really and I'm surprised some people can't figure this out.

However if you are on your own and you develop software independently as Satoshi did then it is your choice to do what you want with it.


Post
Topic
Board Bitcoin Discussion
Re: Why is it so hard to regulate Bitcoin?
by
shogodz89
on 25/06/2014, 22:43:05 UTC
reading the first page. all i can say is that beliathon and arnold chippy.

if you ever take hours making a song, you should only in your whole live be paid $0.008 (spotify's revenue from one listener) and then the song should be made free because that listener copied it?

code a program/website.. and maybe get $8-$50, just once..

your own opinions means that you wont make more then minimum wage for the hours you initially put into it. and then thats it.. no more income, ever

do you honestly think that activision should only get 1 payment of $50 for call of duty... and then the rest of the 7billion people dont have to pay because that single person that bought it, then copied it 7 billion times

do you really think that teams of hundreds of people working for over a year on the game should get a split of only $50 (meaning each employee is only paid a couple cents for a years work)....

seriously, is that your mindset?

Why create a special set of rules that benefit writers/musicians etc? Let them have that as a hobby and do productive work for a job, just like everyone else.

I design and make mechanical components, so who do I run to when my work's copied?

Apparently, the author JK Rowling is now worth ~ $1 Billion...
...I mean, come on, for that sh*te?

If writers and musicians can elevate their art to a degree
that others are willing to pay for it, then it is just
as valuable and productive as anything else. 

It sounds like you are jealous... that an author can create
a book than thousands or millions of people would willingly
pay money for in the marketplace, and that they will be
rewarded for their
**effort**.


Saying I sound jealous is just a way to avoid answering the legitimate points that have been raised.

Yes, rewarded for their effort and not some superimposed fancy legal wording that can impose an offence on someone for reading and listening.


The only points I see that you raised in this post are:

1. why create special rules for artists and musicians?

2. artists and musicians should do it as a hobby , not a profession

3. JK Rolling is a billionaire.

to that , I say:

1.  no special rules are needed -- I think anyone should be
allowed to create a digital publication of any kind and copyright it.

2. No, disagree... they should be allowed to do it professionally if the market supports it
as i just got done explaining...

3. so what?  if true, then he earned it.  why does that bother you?



Jonald.

Shall we (me and you) charge a copyright fee for this discussion, sthat o other viewers must continue to pay us to read it 20 years from now?

Have you ever read a newspaper that you didn't buy or listened to music you didn't buy - did you turn yourself in for doing so?

As I said initially, where does it all end?

I think you see this issue completely in black and white. I understand that you would like to see all ideas be free and not owned by anyone but what you don't get is that true free markets can and should protect intellectual property as well as allow to the freedom to distribute ideas. It's a tough concept to grasp because it does contradict itself but what I am describing is neither moral or immoral. It is a completely gray area
Furthermore you are using hyperbole to prove your point with an unrealistic (and very literal) interpretation of copyright.

Atlas Shrugged describes a world in which the ideas owned by intellectuals and entrepreneurs are hijacked by the government in order to solve a global economic crisis. They acted on the idea that these ideas and properties should be available for everyone. So what happens in the book? The smartest and most talented people in the world leave because they have no reason to produce anything for a world that would rather take than receive.

Quote
Shall we (me and you) charge a copyright fee for this discussion, sthat o other viewers must continue to pay us to read it 20 years from now?
That is nonsense. I actually feel dumber for reading that.

If you want to know where it ends, I have the answer. It lies with the creator of the product. If they choose to require payment for the work they have done then that is their choice. Under your logic, if they only were paid once for their contributions then they would ultimately stop producing anything substantial in the future. Capitalism drives progress whether you like it or not, but it can also drive greed as well. It is up to the property owner to decide if they want to distribute their ideas for free or require payment. In conclusion, it is simply their right to ask for payment.


I suggest (and this is purely a suggestion) that you become more acquainted with the ideas and principles behind free markets because at this point you fundamentally disagree with the very essence of Bitcoin itself.

One more thing. Before you go on and say Bitcoin proves your point, I'm going to tell you that you are wrong. Satoshi choose to make Bitcoin open source and let his idea free. If he had chosen to patent Bitcoin and keep it closed source then we would not be having this conversation right now, but Satoshi would likely be an extremely wealthy man after selling his patent to a bank. Again, it was his choice. You don't have the right to take it from him; he has the right to give it away and that is why you are wrong.
Post
Topic
Board Bitcoin Technical Support
Re: SHA256 password hashing?
by
shogodz89
on 10/05/2014, 13:21:12 UTC
Thank you for the quick replies. I figured that the wallet encryption process wasn't as simple as hashing the password but I just didn't actually know how it actually worked.
Are there any links or documentation on wallet encryption I can look into?
Post
Topic
Board Bitcoin Technical Support
Topic OP
SHA256 password hashing?
by
shogodz89
on 09/05/2014, 23:27:40 UTC
Someone used this as a counter argument to Bitcoins security on encrypted wallets.

http://forums.udacity.com/questions/6016855/hashing-passwords-using-sha256-is-not-enough-today

How does this apply to bitcoin (besides using ASICs for hashing) and does his argument hold any merit? I'm ignorant as to how Bitcoin Core encrypts wallets to prevent unauthorized usage so can someone please enlighten me?