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Re: Fwd: Stephen Foley: Bitcoin needs to learn from paste-currency

Nettime - 5 December, 2013 - 03:00
I guess that as far as the "value" of bitcoin will increase, more and more big players will be interested and will put financial, mathematical and technical resources to maximize their investments. Will follow a sort of arms race: normal humans will not measure up to their robots. Florian is considering a hell for privacy, I guess instead that will end with what could be the first non-human bubble. Of course, bitcoin is very nice as a technical system. This is an excellent proof of concept on the scale of the entire planet. But I do not think we will stop there. Olivier <...>

Re: Stephen Foley: Bitcoin needs to learn from past

Nettime - 5 December, 2013 - 02:42
Yes, it is basically a chain of contracts, triple-signed... How funny that justicialist detractors have so far fought it as a criminal tool, while even the most financially coercitive apparata have never managed to put in place such a formidable device for financial control and disintermediation. Now I wonder if projects like this will ever take off to fill the gap https://darkwallet.unsystem.net - does it really matter? being provoking and entertaining is already a success in the looming decadence of both capitalism and its critics, when they have nothing new to say. A few days ago someone pointed out at a conference that Bitcoin is the first alternative economic project that has made rich its participants. As an anti-capitalist and precarized content producer now I wonder: how much wealth we ever managed to distribute, being the ultimate life goal that of growing up to an academic position and secured income? Is that done by giggling at youtube videos of rioting kids smashing the banks? Bitcoin is r

Re: Fwd: Stephen Foley: Bitcoin needs to learn from paste-currency

Nettime - 4 December, 2013 - 22:38
I don't know how you figure bots will "suck all the money". Bots are made by humans necessarily, and I can assure you they are quite difficult to make profitable (unless they directly steal). The beauty of Bitcoin's "complicated" mining system is that it fixes the quantity of money in circulation to NATURE in a predictable manner. Gold is similarly fixed to nature but the earth is comparably capricious in how much it yields and where. -dl <...>

Re: Fwd: Stephen Foley: Bitcoin needs to learn from paste-currency

Nettime - 4 December, 2013 - 18:46
Let me know if I'm wrong: one individual may own two or more bitcoin wallets. And this individual may be a robot or a weird mixture of flesh and silicon, let say a dog which constantly "shift" its identities and deals its bitcoins with some high frequency trading system. So, obviously "cydogs" will suck all the bitcoin market at the expense of regular human beings. Bitcoin: a good money for bots, isn't it? On the contrary, openUDC ( http://www.openudc.org/ ), based on "the web of trust", ensures that traders are actually humans, not bots. There is no complicated mining system but a distributed mecanism which provides regularly a certain amount of money (a Dividend) to each one and controls the global monetary mass according their average life expectancy. Olivier On Wed, Dec 4, 2013 at 2:02 AM, Douglas La Rocca <douglarocca-Re5JQEeQqe8AvxtiuMwx3w< at >public.gmane.org> wrote: <...>

Fwd: Stephen Foley: Bitcoin needs to learn from paste-currency

Nettime - 4 December, 2013 - 07:02
There's a distinction between wallets and addresses. Addresses are traceable and can be analyzed in that manner. Wallets are collections of addresses which need not ever be publicly associated. Far from being *worse *than tracing credit/debit cards, because a user can constantly "shift" identities (frequently used addresses, say), Bitcoin actually makes it possible to avoid the privacy problem. In fact, the identification of total publicity and complete privacy is beautifully dialectical! -dl On Tue, Dec 3, 2013 at 7:40 PM, Douglas La Rocca <douglarocca-Re5JQEeQqe8AvxtiuMwx3w< at >public.gmane.org>wrote: <...>

Fwd: Stephen Foley: Bitcoin needs to learn from paste-currency

Nettime - 4 December, 2013 - 07:01
This isn't a problem at all. There are several so-called "tumblers" that can provably obscure (anonymize) transactions. The Silk Road used one before it was shut down. As far as the so-called "ordinary user" who can't be bothered to use a tumbler in practice, there are other crypto-currencies have chosen to build a tumbler into the protocol. In any case, the current ordinary practice of using bitcoins by nature encourages the use of many distinct addresses and wallets. I cannot count how many addresses I have used once and forgotten about. (There are enough addresses possible that the likelihood of generating the same one is effectively zero, and they will never run out.) There is a significant difference between Bitcoin and e-cash. Bitcoin is a currency in its own right, as well as a NEW kind of money-substance. (For the fullest exposition of the nature of money, the difference between symbol- or token-money and money-substance, and so on, see Marx's dialectical Hegelian reading in the *Grundrisse* an

Re: Stephen Foley: Bitcoin needs to learn from paste-currency

Nettime - 4 December, 2013 - 05:45
The devil is in the subordinate clause starting with "while" that hints at the collateral damage of the utopia you sketch. The question is whether transparency is a value per se. (I would argue: no, it's only a tool for achieving other goals such as ethical conduct and social responsibility.) Taken as a value per se, with no prisoners taken, it easily amounts to a totalitarian nightmare. Florian

Re: GoldieBlox, fair use, and the cult of disruption

Nettime - 3 December, 2013 - 23:04
For fans of the Beastie Boys, GoldieBlox don't seem to know very much about them (or how to use apostrophes): "We want you to know that when we posted the video, we were completely unaware that the late, great Adam Yauch had requested in his will that the Beastie Boys songs never be used in advertising." http://gigaom.com/2013/11/27/goldieblox-removes-beastie-boys-lyrics-from-girl-power-video-smart-or-cynical/ GoldieBlox had more of a case than many people think: http://waxy.org/2013/11/goldieblox_and_the_three_mcs/ But if I had to choose a poster child for Fair Use, this certainly wouldn't be it.

Re: GNUnion (Global Networked Labour Union)

Nettime - 3 December, 2013 - 21:29
renewed text with a call, please feel free to spread and collaborate, it is an opensource and libre project which takes the rise of the GNU as an inspiration to it self. The target is the liberation and opensourcing and transcending the entirr capitalist mode of production. Let's free the production and free ourselves.. http://snuproject.wordpress.com/2013/12/03/gnunion-global-networked-labour-union-join-the-one-big-meshwork-now/ On 1 December 2013 23:24, Chapullers OrsanS <orsan1234-Re5JQEeQqe8AvxtiuMwx3w< at >public.gmane.org> wrote: <...>

GoldieBlox, fair use, and the cult of disruption

Nettime - 3 December, 2013 - 15:37
GoldieBlox, fair use, and the cult of disruption By Felix Salmon, November 26, 2013 http://blogs.reuters.com/felix-salmon/2013/11/26/goldieblox-fair-use-and-the-cult-of-disruption/ innovation | intellectal property | technology If you google “disrupt the pink aisle”, you’ll get 36,800 results, all of which concern a San Francisco-based toy company named GoldieBlox. The company first came to public attention in September of last year, when it launched a highly-successful Kickstarter campaign which ultimately raised $285,881. Like all successful Kickstarter campaigns, there was a viral video; this one featured a highly-photogenic CEO called Debbie, a recent graduate of — you probably don’t need me to tell you this — Stanford University. And yes, before the Kickstarter campaign, there was “a seed round from friends, family and angel investors”. When the viral video kept on generating pre-orders even after the Kickstarter campaign ended, GoldieBlox looked like a classic Silicon Valley startup: youn

Re: Stephen Foley: Bitcoin needs to learn from paste-currency

Nettime - 3 December, 2013 - 14:02
Florian Cramer writes: > Another way of looking at Bitcoin is to consider it an unintended privacy > nightmare in the making. ... > This is even much worse than credit or debit cards whose transaction > records at least aren't fully out in the public, and which still can > be circumvented by paying cash. Compared to current situation it actually gets better, or more democratic at least. Selected influential 3-letter agencies already have access to your bank transaction log, no matter what, if kept in regular bank. Now everybody has access to your bank transaction log, but so do you, to everybodys transaction log. While I understand that individual humans need to enjoy greater privacy than commercial or government entities (that, to my opinion, should not expect any privacy regarding their monetary- or other issues) this thing that everybody has copy of everybodys wallet relieves big and small companies and any other money-handling organizations, including the (now almost obsolete) banks, from produ

Re: Fwd: Networking Labour and Social Movements vis-a-visClient-Server

Nettime - 3 December, 2013 - 02:36
Hi Orsans, Thanks for your work on the networked labour site and its content. I think its a good start for folks to discover new materials and tools that are useful in their endeavours. One simple suggestion from the tech standpoint would be the use of https for the site's delivery. I think that could provide others with an additional sense of security when utilizing the information there. Do you think its feasible to implement ? Gregory On Fri, Nov 29, 2013 at 12:45 PM, Chapullers OrsanS <orsan1234-Re5JQEeQqe8AvxtiuMwx3w< at >public.gmane.org>wrote: <...>

Re: Stephen Foley: Bitcoin needs to learn from paste-currency

Nettime - 3 December, 2013 - 00:42
Another way of looking at Bitcoin is to consider it an unintended privacy nightmare in the making. Bitcoin is based on the concept that money is stored in anonymized accounts ("wallets") whose transactions are publicly viewable; that is, all Bitcoin transactions ever made by anyone, permanently archived. Supposed that Bitcoin becomes an everyday means of payment, including for supermarket bills, public transport tickets, rents, salaries etc., it would not require very much ingenuity or computational power to analyze all transactions associated to one Bitcoin wallet and, from the frequencies, quantities and network of its transactions, deduce the identity of its owner with practical certainty. For a law enforcement agency or any other third party, it would most likely suffice to know somebody's recurring bill, preferably via continually changing amounts of money charged every month (such as a phone or electricity bill), in order to get full insight into an individual's wallet, her or his everyday money spend

Re: a free letter to the creative commons and for theconsideration

Nettime - 2 December, 2013 - 06:01
The possibility of a different brand for non-free CC licenses was discussed as a possibility during the public development of the 4.0 licenses. CC decided not to pursue the idea at this time. :-( # distributed via <nettime>: no commercial use without permission # <nettime> is a moderated mailing list for net criticism, # collaborative text filtering and cultural politics of the nets # more info: http://mx.kein.org/mailman/listinfo/nettime-l # archive: http://www.nettime.org contact: nettime< at >kein.org

GNUnion (Global Networked Labour Union)

Nettime - 2 December, 2013 - 04:24
One Big Meshwork for All the Working, Making and Hacking Classes GNUnion is a new type of transnational and p2p networked social movement union. It aims at bringing individual industrial and non-industrial knowledge and service workers in the Global North, the precariat, the proletariat; the peasants, domestic, migrant and jobless workers, landless farmers and others together with social movement, LGBT, environmental activists as well as from other struggle fields, activist/researchers, students, hackers, artists, makers and all others who have to work in order to reproduce his/her life. GNUnion strives with its entire nodes to build ties among and with all others to expand towards One Big Meshwork. Open and free, p2p distributed meshed networks that are composed of individual nodes and organised collective hubs, all networks of social production, distribution and ownership are opened up, liberated and tied to each other with online and real world spaces, apps, meetings, labs, gatherings, webinars, seminar

Re: a free letter to the creative commons and for theconsideration

Nettime - 2 December, 2013 - 03:06
yep, your statement on freedom in general is the one with the absolute importance, i totally agree. however, for me, free software and free culture movements are the most inspiring ideas and practices of the day that makes me still believe in the possiblity of another world. and also i appreciate the way those movements *define* freedom for the software-the means of production of the day to be set free, the base- and the culture-the infrastructure-, much more than the way neo-liberal politics try to define *freedom* for us. On 12/01/2013 11:05 AM, mp wrote: <...>

FW: Internet Justice: A Meme Whose Time Has Come

Nettime - 2 December, 2013 - 01:31
(for links and -- very interesting -- comments (or to add a comment) see: http://gurstein.wordpress.com/2013/11/27/internet-justice-a-meme-whose-time- has-come/ http://tinyurl.com/lwuyvdk Internet Justice: A Meme Whose Time Has Come For some time I've been discussing with colleagues how to approach Internet policy related issues holistically. Not just from a technical point of view, or commercial, or "user", or even civil society but rather from a perspective which encompasses all of these while focusing most specifically on an integrated approach to what we, as global citizens whose world is being remade on the Internet's digital platform, might expect (and demand). Much of the discussion to date has focused on "Internet users" as the most general category. The problem with this of course, is that it excludes those and still a majority of the world's population - who, for whatever reason are not able or willing to use the Internet. Meanwhile, given the global reach and penetration of the Internet ev

Re: a free letter to the creative commons and for the

Nettime - 1 December, 2013 - 21:55
Re: waaaow Folks, As if life wasn't already difficult enough trying to explain the 'non trivial' differences between Free and Opens Source Software, now we introduce dissention within the Free Software (movement) itself. Am I happy to be born French - gimme 'logiciel libre' anytime! Cheers from the TacTech 'F/OSSopher p+5D!

Re: a free letter to the creative commons and for theconsideration

Nettime - 1 December, 2013 - 15:05
a free letter to the free software movement thanks for your great work you seem to agree with some aspects of freedom, as inherited from millennia after millennia of struggle, throughout cultures, and shared between millions of people before you. so please stop referring to free culture and freedom as something that could exist in a world of private ownership of the material means of industrial production. And stop supporting corporate ownership in what you call the tangible or material realm. it confuses people and distracts from the the real issue at hand, which is not some bits, bytes and other code, but something material: housing, heating, eating and spaces to play in the sun, wind and rain. mp # distributed via <nettime>: no commercial use without permission # <nettime> is a moderated mailing list for net criticism, # collaborative text filtering and cultural politics of the nets # more info: http://mx.kein.org/mailman/listinfo/nettime-l # archive: http://www.nettime.org contact: nettime

Re: Hyves: the Money

Nettime - 1 December, 2013 - 03:02
Dear Olia, read this (with a translator?) Just ignore the somewhat odd German dialect in this posting. It says that an entire mirror of Hyves was made/downloaded! I was amazed by the depth of your money project. Please continue with this amazing work! http://daskapital.nl/2013/11/hihi_iemand_heeft_heel_hyves_g_1.html All the best from Geert On 25 Nov 2013, at 11:17 AM, olia lialina <olia-cD5O5LpvM0Rg9hUCZPvPmw< at >public.gmane.org> wrote: <...>