Topic: Why Bitcoin so popular in Discussions about government taking over the economy? - page 4. (Read 6342 times)

If you are trying to troll me into a debate on the dangers of drugs here please don't, I already suspect you are intoxicated and I do not feel this would be a valuable use of our time.  


As has been previously pointed out, crackers don't matter.  Please re-read my previous post and try and slow down and understand it this time.  Or maybe consider taking nap, sobering up, and checking out the thread again tomorrow.  

Who's trolling who here?

And tell me, how are you going to differentiate legitimate transactions from padded ones? Remember, blockchain only has amounts and addresses.

again:

Nobody is going to sign up to take your black market coins.  Black Markets exist because doing so is profitable.  It lets big time criminals buy houses and cars and invest in legitimate businesses which can also be profitable.  When you take away that profit motive by making the big purchases impossible to hide and laundering your money in legitimate businesses impossible the profit motive for a criminal organization is gone.  This effect trickles all the way down the totem pole.  No big drug producers and distributors means no drug corners and homeless junkies.  That means a lot less mugging and assault and property crime and prostitution and rape.  Wiping out all this crime is a huge benefit for the economy as these people go on to live productive lives within the law.

Any major economic change will take some serious effort to set up, but the rewards of moving to this system are so vast people will agree they are worth the effort. 


You are again failing to understand any of the concepts here at even the most basic of levels.  Listen closely, I need you to understand that CRACKERS DON'T MATTER. First off, illegal narcotics like Marijuana cost significantly more than crackers.  That is not a good way to hide the transaction.  Second, all the transactions to the drug dealer trying to hide transaction in a whitelisted address are tracked.  As soon as such a dealer is caught, and this happens all the time for entirely random reasons like a dog smelling something during a traffic stop, you now have a list of all his customers too.  Drug dealing as a profession is not going to last long in that situation.  It would be as if every drug war arrestee informed on everyone they ever bought and sold to every time.  The distribution networks fall apart in a flash. 

I know Marijuana is a deadly, addictive drug but even Marijuana junkies will be smart enough to give up and get treatment instead under these conditions.

If I can find someone who will rent me some space for "black" coins, likewise for transportation, I'd probably be living better than most of the people on the whitelist.

Basically, what you propose is much hassle, for little or no gain. Whole new levels of government would be needed to police your economy, and if you succeeded in your plan, people would abandon Bitcoin in a heartbeat, for some other cryptocurrency. Or cash. Or barter. Or they would hide black market transactions in with the whitelisted ones. Pay extra for a package of crackers, get a package of crackers, and a sack of weed. All you see is a transaction from one whitelisted address to another.

Controlling other people against their will is futile. It may work for a little while, but you will lose your grip, or it will be ripped from you.

I know I'm being ignored... but honestly any government would be better off creating something other than bitcoin than trying to centralize it. The plan of controlling bitcoin is too complicated, therefore it will fail. I can see attempts at destroying or driving it underground, but not using it. Controlling it would be far more expensive than just creating an alternative and convincing people to use it instead. I don't think the "powers that be" are that stupid.

You are clearly trolling here.  Unless you are sending funds to a non-whitelisted account you have nothing to worry about, I have already explained that.  Unless you want to live without a home and transportation and any government services...basically entirely off the grid, you aren't going black market only. 


You have again forgotten the main focus here is a white list. There is no need to track random black market transactions.

Are you intoxicated?  I'm not sure how else to explain your inability to learn about this subject.  If you are under the influence of drugs or alcohol, please consider stopping before we continue this conversation and if you are having difficulty stopping please seek help.  I can recommend this as a really effective program that helps a lot of people. 

OK, so, I make a transaction, and some part of my wallet gets sent to an address I can't see in the client, and is transparently (from my point of view) linked to my main balance. I then have to contact the government, fill out a form, and request that portion of my funds be returned to me?

Why? so the government can decide what transactions are "legitimate" and which are not? What's the point, when I can simply run my entire life on the black market, as many people did in Soviet Russia?

I suppose you're going to have bitcoin police, too, tracking the blockchain, watching for "illegal" transactions? How are you going to differentiate transactions in another country from black market transactions in yours?

Coins can be newly whitelisted by the government at any time.  There is no danger of this becoming an issue.  Once again I have to tell you it is becoming very tiresome trying to instruct you in these very basic concepts.  I think it is very likely I am being trolled right now, and it's a shame folks here would ruin what could be such an interesting conversation by doing that.

How's this one?

We should just wait 5 pages and then decide what to title a thread.

Bitcoin doesnt use just one address when you end coins.

So, your plan is to gradually outsource all industry and employment, as the change from legitimate transactions gets blacklisted by not being attached to the whitelisted addresses anymore, and can therefor no longer be used in legitimate transactions within the country, but is still perfectly acceptable in other areas?

Sounds good.

+1000

Please stop replying until you have managed to keep up with the discussion and understand what I am saying.  There is no effect here on the actual network itself, the government can blacklist any coin they want from any source they want for use as legal tender and you can still send it wherever you want.  It's just that you'll have about as much chance at using them to buy something legally as you would if you made your own blank nickels.  The metal itself is not important, the fact that is has been minted and stamped by the government is.  

"Whitelisted addresses" does not equate to "only government-mined coins are good"

Sorry, you cannot bend Bitcoin to your socialist dream. If you want something like that, go make SocialistCoin.

Is it that you guys don't understand what a whitelist is?  I'm at a loss for how you are having difficulty keeping up here.  These concepts are not very advanced.

A list or collection of people or entities that are known, trusted or explicitly permitted.

http://www.youtube.com/watch?v=LO2eh6f5Go0

wut

Are you frigging kidding me?

I don't see what is at all difficult to understand here.  Only the government can add whitelisted Bitcoins to the economy.  None of your mining proceeds would be whitelisted regardless of their source.

Please re-read my comment.  The government is not taking control of anything.  You can keep mining if you want, you just don't get rewarded for it with anything you can spend in your local economy.  Mining will still be done outside of that economy as well in other countries with their own Bitcoin economies, this is not about controlling the network.