License to print money... BitCoin?

August 2nd, 2015 at 10:08:34 PM permalink
Pacomartin
Member since: Oct 24, 2012
Threads: 1068
Posts: 12569
http://magic.wizards.com/

Quote: zippyboy
I just finished a book on the birth and growth of Bitcoin,


I talked a lot with a Canadian who had a successful bitcoin gambling site. He has since had to close it down, because Canada changed their laws and required him to gather personal data on his clients, something he was unwilling to do.

His biggest problem initially was trying to create a website where he would be able to assure his investors and gamers that he wasn't just stealing the money. In the end he decided to simply tell people that he could easily steal the money, and they shouldn't play/invest on the site unless they trusted him completely. A few weeks after opening a single Internet high roller has taken home close to 11,000 bitcoins—or about $1.3 million. The man, known online as Nakowa became legend.

Naturally many people assumed that it was the website owner (dooglus) since he freely admitted that he could do such a thing. In reality, dooglus's winning argument was that if it was him stealing the money, why wouldn't he do it in a more subtle manner and just milk the site. As an intelligent thief why would he stage such a high profile event?

http://www.dailydot.com/news/biggest-bitcoin-win-gambling-history-nakowa/

An interesting 2 minute video on mining bitcoins
https://www.youtube.com/watch?v=Oc3-pG8U4jc
August 31st, 2015 at 5:04:05 PM permalink
Fleastiff
Member since: Oct 27, 2012
Threads: 62
Posts: 7831
secret service agents pleads guilty of bitcoin theft during take down of Silk Road; other improprieties discussed.


http://www.reuters.com/article/2015/08/31/us-usa-silkroad-agent-idUSKCN0R027F20150831


scandinavia seems to have the right idea. Its not currency, its not taxable and its free to everyone who wants it.
September 2nd, 2015 at 10:22:45 PM permalink
petroglyph
Member since: Aug 3, 2014
Threads: 25
Posts: 6227
I think this will make some people some money? I haven't figured out how I can do anything with it, but it's there.

These two people are the 2 richest in Ak. [Rogoff and Rubenstein] and they own the 2 big newspapers in the state and are the who's who power players up there. They have been lobbying for quite a while to get the state to invest in a deep water port on the NW section of the state. I believe they want Nome to be it. Part of their reason for trying to get it built is a deep water port to service ships taking the "Northern Route". The next closest one of any significance is hundreds of miles away, Maybe Seward, or Seattle.

http://peureport.blogspot.com/2015/09/obama-dines-with-mrs-rubenstein.html

If they ever consider extending the Alaska Railroad there, it will be a very busy terminal

The Alaska Permanent fund from oil royalty's has over 50 billion dollars in it, mostly from oil revenue's, just sitting there, waiting to be plundered. You know a pile of money like that, no politician can stay honest around it. I doubt I could either.

http://www.apfc.org/home/Content/home/index.cfm
The last official act of any government is to loot the treasury. GW
September 3rd, 2015 at 4:27:44 AM permalink
Pacomartin
Member since: Oct 24, 2012
Threads: 1068
Posts: 12569
Quote: petroglyph
I believe they want Nome to be it. Part of their reason for trying to get it built is a deep water port to service ships taking the "Northern Route".


The United nations has been wanting to develop the port on the river where Russia, North Korea and China come together. Along with Mongolia this would be a cooperative port to service all four countries. It is roughly 3000 miles from Nome vs 7000 miles from Hong Kong to southern California.

If there was rail connection, such a port could relieve the crowded West Coast ports. Ultimately it could be a stop along the "northern route" which may rival the upgraded Panama Canal.
September 3rd, 2015 at 5:24:37 AM permalink
Fleastiff
Member since: Oct 27, 2012
Threads: 62
Posts: 7831
big difference from the 20-30s when Japan rustled sabers at the mere mention of America constructing a rough rode through Alaska.
September 8th, 2015 at 9:10:24 PM permalink
petroglyph
Member since: Aug 3, 2014
Threads: 25
Posts: 6227
Quote: petroglyph
I think this will make some people some money? I haven't figured out how I can do anything with it, but it's there.

These two people are the 2 richest in Ak. [Rogoff and Rubenstein] and they own the 2 big newspapers in the state and are the who's who power players up there. They have been lobbying for quite a while to get the state to invest in a deep water port on the NW section of the state. I believe they want Nome to be it. Part of their reason for trying to get it built is a deep water port to service ships taking the "Northern Route". The next closest one of any significance is hundreds of miles away, Maybe Seward, or Seattle.

http://peureport.blogspot.com/2015/09/obama-dines-with-mrs-rubenstein.html

If they ever consider extending the Alaska Railroad there, it will be a very busy terminal

The Alaska Permanent fund from oil royalty's has over 50 billion dollars in it, mostly from oil revenue's, just sitting there, waiting to be plundered. You know a pile of money like that, no politician can stay honest around it. I doubt I could either.

http://www.apfc.org/home/Content/home/index.cfm
More reason for northern deep water port;http://news.yahoo.com/us-icebreaker-reaches-north-pole-230828996.html
The last official act of any government is to loot the treasury. GW
September 8th, 2015 at 9:51:42 PM permalink
Fleastiff
Member since: Oct 27, 2012
Threads: 62
Posts: 7831
With global warming the polar regions become more economically and militarily valuable.

Long ago, Canada moved alot of natives northward to substantiate Canadian claims to territory.

You think things have changed with Japan from the thirties. Japan said the US building a military road in Alaska would be unacceptable aggression. Its the same with our opening a really accessible major port. Japan and China will be sending naval vessels into the polar regions.

As to the trust fund, I hope the people stand strong against impairing it in any way.
September 9th, 2015 at 8:12:11 AM permalink
kenarman
Member since: Oct 24, 2012
Threads: 14
Posts: 4525
Quote: Fleastiff
Canada moved alot of natives northward to substantiate Canadian claims to territory.


Would like to see your source for this.
"but if you make yourselves sheep, the wolves will eat you." Benjamin Franklin
September 9th, 2015 at 9:28:59 AM permalink
Fleastiff
Member since: Oct 27, 2012
Threads: 62
Posts: 7831
Quote: kenarman
Would like to see your source for this.
My source for this was Einstok berry ale, a fruit beer from Iceland made with hand-picked bilberries. Most of my statements, however, can be sourced to either Guinness or The Taddy Porter.
September 9th, 2015 at 1:06:37 PM permalink
Fleastiff
Member since: Oct 27, 2012
Threads: 62
Posts: 7831
Quote: Fleastiff
My source for this was Einstok berry ale, a fruit beer from Iceland made with hand-picked bilberries. Most of my statements, however, can be sourced to either Guinness or The Taddy Porter.


re: source for Canadian Relocation Policy:

Inuit Women: Their Powerful Spirit in a Century of Change
https://books.google.com/books?isbn=0742535975
Janet Mancini Billson, ‎Kyra Mancini - 2007 - ‎History
74-77 and "Canadian Sovereignty and the Inuit of the Central and Eastern Arctic ... 1 993); Inuit Relocation Policies in Canada and Other Circumpolar Countries, ...

The Impact of Relocation | Polar Sea 360° - The Polar Sea
www.polarsea360.com/t-arctic-relocation/
Where did your family live and what was life like before the relocation? .... In reality, it was a forced relocation so Canada could assert sovereignty over the polar region.