Greetings fellow technomacers In light of the puzles around dot coin mining such as bitcoin:Called scrypt I've decided to upgrade my technomancer knowledge slightly and try it out. I'm wondering if someone with a head for math that wasn't bent with strange and wonderful notions of Nash Euiliberiumbs, and group philosophy that seem to say basicly: Humans are bat ass crazy: What i'm wondering is this: Is it me or does this Bitcoin thing seem like an enormous fad? I also find it a little amusing that my macbook plays with coin mining software better than my winderz box. ============================================================ FRIAM Applied Complexity Group listserv Meets Fridays 9a-11:30 at cafe at St. John's College to unsubscribe http://redfish.com/mailman/listinfo/friam_redfish.com |
Well, BtC can't be a currency, that's for sure.
On Friday, December 20, 2013, Gillian Densmore wrote:
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I don't think Bitcoins are any more fake than the rest of the currencies we use. A hundred dollar bill is just a slip of paper without the belief that it's worth something. Cody Smith On Sat, Dec 21, 2013 at 10:35 AM, Patrick Reilly <[hidden email]> wrote: Well, BtC can't be a currency, that's for sure. ============================================================ FRIAM Applied Complexity Group listserv Meets Fridays 9a-11:30 at cafe at St. John's College to unsubscribe http://redfish.com/mailman/listinfo/friam_redfish.com |
We're agreed that currency is a consensual illusion, but I'm in the habit of relying on government backing it. I don't say it's any realer. Just my habit.
On Dec 22, 2013, at 1:19 PM, cody dooderson <[hidden email]> wrote:
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Any really-existing government favors the interests of those who have ownership "rights" within that insant society, and these "owners" generally benefit by maintaining currency stability, except for periodic spasms of orchestrated bank-thievery.
But Bitcoin lacks the general predominance of influence of the dominant class in generally maintaining value-stability. So I don't believe that BtC will become a currency, but i do expect BtC to become a "mainstream" asset. On Sunday, December 22, 2013, Pamela McCorduck wrote:
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Just like other digital replacements (think of Kindle/Ebooks .. nice to read, but hard to share and sell, but update instantly) there are speed bumps not yet resolved.
But when they are, BC may easily become the first internationally accepted currency. Or at least a node in the "money is fungible" pipeline.
-- Owen
On Sun, Dec 22, 2013 at 11:33 AM, Patrick Reilly <[hidden email]> wrote: Any really-existing government favors the interests of those who have ownership "rights" within that insant society, and these "owners" generally benefit by maintaining currency stability, except for periodic spasms of orchestrated bank-thievery. ============================================================ FRIAM Applied Complexity Group listserv Meets Fridays 9a-11:30 at cafe at St. John's College to unsubscribe http://redfish.com/mailman/listinfo/friam_redfish.com |
Hi Owen:
How many BtC's would you wager on your prediction? --- Pat On Sunday, December 22, 2013, Owen Densmore wrote:
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In reply to this post by Owen Densmore
Today's NYT piece on BitCoin: h<a href="ttp://dealbook.nytimes.com/2013/12/21/into-the-bitcoin-mines/?_r=0">ttp://dealbook.nytimes.com/2013/12/21/into-the-bitcoin-mines/?_r=0 -TJOn Sun, Dec 22, 2013 at 1:34 PM, Owen Densmore <[hidden email]> wrote:
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While looking for something like time machine for my PC: Shadow Copy Clones publishers may start acepting bitcoins. (on a trial bassis though)=== On Sun, Dec 22, 2013 at 12:56 PM, Tom Johnson <[hidden email]> wrote:
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In reply to this post by Patrick Reilly
On Sun, Dec 22, 2013 at 12:51 PM, Patrick Reilly <[hidden email]> wrote: Hi Owen:
This example surprised me because I thought it was going to be about how technical differences often ensure that two things that are billed as the same thing often behave as separate tools for separate uses. But the aspects you mentioned are not inherent to ebooks, because without e-ink screens and specialised formatting, and also without DRM, ebooks (like Project Gutenberg or pirated contemporary novels as PDFs) are often easy to share and hard to comfortably read, at least without regular breaks for one's eyes (both compared to paper books, of course).
-Arlo James Barnes ============================================================ FRIAM Applied Complexity Group listserv Meets Fridays 9a-11:30 at cafe at St. John's College to unsubscribe http://redfish.com/mailman/listinfo/friam_redfish.com |
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