Frogolocalypse

8 ms·

1.
by Frogolocalypse 9y ago
> why not use cash? As as been repeatedly demonstrated to you, holding cash is unsafe, because it can be seized by the government without you ever having committed a crime. > what does adding a cryptocurrency give you? As has been rep
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by Frogolocalypse 9y ago
> Do you think you have to pay taxes? Of course. > the government needs the authority to confirm that transactions are properly accounted for. Ludicrously false. You clearly have no idea how the law works. You must think you live in
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by Frogolocalypse 9y ago
Thanks for the clarification.
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by Frogolocalypse 9y ago
I'm actually confident that America will eventually get it right. I expect that America, when backed into it, will legislate your rights to protect the fruits of your labour. And then they'll have the moral authority again. The
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by Frogolocalypse 9y ago
> How did anything get into those wallets in the first place? I think you misunderstand the nature of freedom and rights. I don't have to explain what I did with my money. I have the presumption of innocence. You don't get t
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by Frogolocalypse 9y ago
If you find it exploitative, you are free to create and use your own crypto instrument without these properties that you take offense to. All of the code is available for you to modify as you see fit, as it is open source. If you believe
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by Frogolocalypse 9y ago
https://news.ycombinator.com/item?id=15944112
8.
by Frogolocalypse 9y ago
Interesting. I'm clearly getting this message from oracle, so it's not a problem on my end. Perhaps a routing problem? It has been giving me this message for an hour.
9.
by Frogolocalypse 9y ago
I wouldn't be surprised, but I don't think this will have been at the direction of the US government, and not in a coordinated way. I would expect they have identified funds that have come from known hacks, and blacklisted them.
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by Frogolocalypse 9y ago
Bitcoin is just a chain of transactions. This address to this address to this address to this address, right back to the block it was created in. It is not terribly difficult to validate whether the payment you're currently looking a
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by Frogolocalypse 9y ago
The secret to bitcoins success is that if you cry wolf enough times, and take away peoples freedom to such an extent that they are impoverished by the wealthy, they will find a way to exert their power. This is what happens when you lose t
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by Frogolocalypse 9y ago
> However the list didn't include rockets Or submarines. Which is probably an even closer parallel.
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by Frogolocalypse 9y ago
I'm surprised that it is taking as long as it is taking for this to occur. It's also one of the reasons why it is going to be virtually impossible to stop. Over the past year there has been a corporate hijack attempt of the bitco
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by Frogolocalypse 9y ago
> deflationary ? It is deflationary because it is known what the total number will be, and coins will be permanently lost over time. > Any user who joins the network They do this out of free choice do they not? No one is coerced int
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by Frogolocalypse 9y ago
Yes, I remember when that law was introduced. I vaguely remember that it was in response to a child being murdered after being picked up while waiting for a bus. It's certainly a different world now. But I have a 10-year-old, and he
16.
by Frogolocalypse 9y ago
The technology of lightning, which is not specific to bitcoin, would probably have to be it. It allows atomic cross-chain trading : https://en.bitcoin.it/wiki/Atomic_cross-chain_trading I suspect that all cryptos that
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by Frogolocalypse 9y ago
Thus forever proving the existence of god.
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by Frogolocalypse 9y ago
> hyperinflationary I don't think you understand what this word means.
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by Frogolocalypse 9y ago
> it doesn't promote commerce and trade The problem is that our existing financial system probably had an intention of using inflation to encourage commerce and trade, but over the past 40 years, that focus shifted from using debt
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There Never Was a Real Tulip Fever(smithsonianmag.com)
2 points by Frogolocalypse 9y ago|0 comments
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by Frogolocalypse 9y ago
Oh please. If you want to reduce the environmental impact of bitcoin mining, it is very simple. Just increase the cost of energy. It will make absolutely zero difference to bitcoin.
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by Frogolocalypse 9y ago
Nov 27, same guy : https://medium.com/@abarisser/sell-your-bitcoins-right-now-e... > you should sell your crypto holdings, particularly Bitcoin, right away, even if you are long-term bullish on the crypto space.
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by Frogolocalypse 9y ago
> The German giant was kept in the dark about the true owners of suspicious FBME accounts whose transactions it was authorizing – despite requirements for correspondent banks to perform additional checks when signs of money laundering ar
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by Frogolocalypse 9y ago
From abstract of a paper that is being referred to : http://www.sciencedirect.com/science/article/pii/S1877782110... > Background: There is continuing public and scientific interest in the possibility that
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by Frogolocalypse 9y ago
Can't come too soon. I have been fleeced by airports, especially in Australia, for years.
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by Frogolocalypse 9y ago
I used to do this in Australia many years back when I was six and seven. It never even occurred to anyone that it was an issue.
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by Frogolocalypse 9y ago
They did their jobs. They got a pay rise.
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by Frogolocalypse 9y ago
You have no idea what you're talking about.
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by Frogolocalypse 9y ago
Are you actually quoting reddit on yc? Thus demonstrating that reddit vote brigading is occurring on yc?
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by Frogolocalypse 9y ago
If the blocksize was increased to double its current resource requirements, where i live in Australia, it would be impossible to run a node at any price. And because the people who run nodes know this, they reject your proposals that reduce

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