Search found 65 matches

by drllau
Wed Feb 12, 2014 12:18 am
Forum: General Discussion
Topic: Idea for a new utility-based non-currency coin
Replies: 21
Views: 15449

Re: Idea for a new utility-based non-currency coin

You seem to be advocating for central banks. Are you? MWD please don't put words in my mouth ... I'm observing from economic history there are a couple of forces here, Gresham's law and winner takes all property of networked services. Either a scheme becomes so popular it becomes the defacto standa...
by drllau
Tue Feb 11, 2014 11:27 pm
Forum: General Discussion
Topic: Idea for a new utility-based non-currency coin
Replies: 21
Views: 15449

Re: Idea for a new utility-based non-currency coin

If a particular user doesn't like it, that user can take the code and go make "Spamcoin" or whatever. Then let the free market decide which version(s) gain adoption. MWD[/quote] the problem is that because the scheme allows for human intervention, then that means emergency temporary measures can be...
by drllau
Tue Feb 11, 2014 11:12 pm
Forum: General Discussion
Topic: Idea for a new utility-based non-currency coin
Replies: 21
Views: 15449

Re: Idea for a new utility-based non-currency coin

hmmmm ... trying to work out the principal components of such a service - common standards for what is acceptable as a embedded personalty ... eg how to record right of entry to a park ... under some laws, child molesters are forbidden to approach within x metres of playgrounds. - mapping some uniqu...
by drllau
Tue Feb 11, 2014 6:50 am
Forum: General Discussion
Topic: MIT TechReview Commentary on interwining of politics & money
Replies: 0
Views: 2642

MIT TechReview Commentary on interwining of politics & money

http://www.technologyreview.com/view/524431/bitcoins-political-problem/ - current monetary design bases the amount and nature of money in the economy on an interaction between government policy and what private individuals want to hold - assuming that the state can be bypassed is unlikely to work - ...
by drllau
Tue Feb 11, 2014 5:43 am
Forum: General Discussion
Topic: Storing Contracts in the Name Registry
Replies: 9
Views: 7193

Re: Storing Contracts in the Name Registry

> change/add/remove registry data. this shifts the problem from one of content coherence to that of authority ... who has the authority to change the terms of a contract, (perhaps unilaterally without notice as with some SNS terms) and identification of those authorities and processes for transfer o...
by drllau
Sun Feb 09, 2014 1:44 am
Forum: General Discussion
Topic: Storing Contracts in the Name Registry
Replies: 9
Views: 7193

Re: Storing Contracts in the Name Registry

The problem I see is that contracts are not a static piece of paper with fixed hash but a living almost social document . For example, when I design licensing agreements, I have the general contract, some boilerplate and then annexes which are amended under some designated notification procedure (eg...
by drllau
Sun Feb 09, 2014 1:13 am
Forum: General Discussion
Topic: --------
Replies: 4
Views: 3328

Re: New Hong kong Based Exchange opens in March and supports

once bitten twice shy
by drllau
Sun Feb 09, 2014 1:08 am
Forum: Off Topic
Topic: Domain names are not property
Replies: 2
Views: 36907

Re: Domain names are not property

For those interested in the fundamentals, this ruling might prove interesting in distinguishing between property and a position (marker, guidepost, etc). In the old Aussie Torrens land system (http://en.wikipedia.org/wiki/Torrens_title) the state maintained a central recordsd and guaranteed indefeas...
by drllau
Mon Dec 02, 2013 2:38 am
Forum: General Discussion
Topic: Namecoin foundation
Replies: 27
Views: 16249

Re: Namecoin foundation

@modrobert wrote Do we really need power hungry politicians pushing their own agenda? not sure what that reference is to but an alternative to a centralised foundation (voting for people/trustees) is a variant of social policy bonds (anonymous payouts) with kickstarter (anonymous contributions). Tha...
by drllau
Sat Nov 30, 2013 1:42 am
Forum: General Discussion
Topic: Secret Trans-Pacific Partnership Agreement
Replies: 7
Views: 6531

Re: Secret Trans-Pacific Partnership Agreement

@jdbtracker wrote " maybe they will try to make people need licences to create software?" Nothing that insidious. If you look at the main proponents of a stronger copyright system, they tend to be existing firms with back catalogs, vested infrastructure (eg windows franchise) or have historical sect...