Hypatia's Protege
- Joined Mar 1, 2015
- 3,228
Here ya go!Minor problem: Two online dictionaries do not know what Casascius means...and neither do I.
Best regards
HP
Here ya go!Minor problem: Two online dictionaries do not know what Casascius means...and neither do I.
https://en.bitcoin.it/wiki/Casascius_physical_bitcoinsMinor problem: Two online dictionaries do not know what Casascius means...and neither do I.
I remember walking into a joint in Zimbabwe, asking for a beer, and the bar tender is like, "I don't have change for a ten trillion dollar bill! On second thought, let me check today's inflation rate. That beer is 30 trillion dollars. If you wait another hour, it will be 40 trillion dollars.Never go to lunch with a one-bill ten trillionaire!
I say the worst problem with bitcoin is crooked miners! But helping honest ppl get around bank secrecy act is a saving grace! Cuz the best way to kill a bad law is to make it unenforceable!@#12 The full story is even funnier ... and very sad that some employee's of TSA were clueless.
http://dailyanarchist.com/2014/02/24/the-tsa-is-looking-for-bitcoin/
The political class will not look at old laws as unenforceable and remove them. They would be perceived as doing nothing.Cuz the best way to kill a bad law is to make it unenforceable!
JoeJester that's fair enough but unenforceable laws are practically the same as repealed lawsThe political class will not look at old laws as unenforceable and remove them. They would be perceived as doing nothing.
Once they "get around the law", are they still honest? Who defines the boarders of your new gray zone of honest yet illegal?But helping honest ppl get around bank secrecy act is a saving grace!
GopherT I'm really not one of those _obsessive constitutionalists_ but I say there are unalienable rights like privacy! Also any crime that's only a crime by definition is morally null and void so its legislation was itself a criminal act! So when legislators are racketeers and law enforcement their goons then all bets are off! Now I have to count to 100 for my BP's sake cuz political talk does it to me every timeOnce they "get around the law", are they still honest? Who defines the boarders of your new gray zone of honest yet illegal?
"They" are the "honest people" that aleph(0) referred to.@GopherT
I am puzzled. Who is, "they"?
and, How is there any connection between "legal" and "honest"?
Some laws are of good faith, some aren't.
Some people use The Law to achieve the most dishonest and immoral behavior.
I think we're having a failure of communication.
Any society that has to spy on its own citizens to survive deserves to fall cuz civilization is for ppl not the other way around!Financial transactions are not private and all are subject to audit to insure taxes are properly paid - especially international movements of cash and moments of large quantiles of cash. What possible purchases, investments or gifts need to be private? If all transactions are suddenly private, all countries will look a lot like Greece and no tax revenue will be generated. Greece has a huge cash economy compared to the rest of Europe - all in an effort to conceal income and subsequent tax burdens.
contracts and financial transactions have been registered in courts for years. Go back to British times and you can find court records showing exactly what goods are transported in an old voyage of a sailing ship. The recoding made easy validation of losses for the sender, the shipping company and the receiver (and the insurance company and taxing authorities and all citizens who expect all parties pay their taxes so only the honest are not left filling the public accounts).Any society that has to spy on its own citizens to survive deserves to fall cuz civilization is for ppl not the other way around!
Oh. You're thinking on a lot larger scale than I am.Financial transactions are not private and all are subject to audit to insure taxes are properly paid
GopherT if that's your attitude why stop there? Why not move your lavatory stool to your front yard? After all if privacy isn't a basic human right then it must be just conventions and neuroses that we should get over?What possible purchases, investments or gifts need to be private?
Internet service paid by check, credit card or automatic withdrawal - already monitored. Gas and food, even if you pay cash, you may be using the little loyalty card and letting the grocery store monitor you so Uncle Sam can ask for it any time - hey, you bought two tomatoes yesterday!Oh. You're thinking on a lot larger scale than I am.
Personally, I buy food and gasoline and internet service with after tax dollars and I think it's nobody's business, including the government.
Since when has past tyranny justified its existence in the present? Shall we reinstate slavery too?contracts and financial transactions have been registered in courts for years. Go back to British times and you can find court records showing exactly what goods are transported in an old voyage of a sailing ship. The recoding made easy validation of losses for the sender, the shipping company and the receiver (and the insurance company and taxing authorities and all citizens who expect all parties pay their taxes so only the honest are not left filling the public accounts).
Transparent transactions don't need spies.
Don't have faith in a currency unless it is backed by gold but we should rely on faith alone that people pay their taxes? Weird.
The fact that my government spies on me doesn't make it any of their business.Gas and food, even if you pay cash, you may be using the little loyalty card and letting the grocery store monitor you so Uncle Sam can ask for it any time - hey, you bought two tomatoes yesterday!
and if you use the utopian BitCoin instead of fiat, every translation will be tracked into a worldwide open ledger that anyone can trace.Internet service paid by check, credit card or automatic withdrawal - already monitored. Gas and food, even if you pay cash, you may be using the little loyalty card and letting the grocery store monitor you so Uncle Sam can ask for it any time - hey, you bought two tomatoes yesterday!