Viewing profile — SectioAurea

Well, percent of GDP spent on light has remained steady for 300 years at .72; that was buried rather far in. The article also mentioned Jevons’ paradox, which is something I didn't…

False. They do not all have the same structure as Bitcoin. Many of them are explicitly structured as pyramid schemes (premining, instamining, stealth launches, closed source launch…

See also the Coral Castle legends in more recent times. Would be extremely interesting if this worked on a macro scale. They are floating nuts and bolts with a small desktop device…

Most Bitcoin users don't believe this will happen, for what it's worth. The 'armageddon facedown with the government over Bitcoin' is just another doomsday fantasy popular with tho…

Correct.

Definitively solving the problem of "closed on Sunday" would seem to constitute more than a little competition for legacy financial institutions.

Like many technology and finance pundits, he seems to be currently in a love/hate relationship with Bitcoin. See also Business Insider's recent turnaround and subsequent breathless…

Good point - the early "hockey stick" did in fact end recently with the first ever bearish 10/21 EMA crossover in the BTC/USD 12h timeframe.

And the yields from mining have decreased by orders of magnitude over the last several decades as technology increases have made it more possible, while less efficient, to extract …

Flowers trading food for pollination.

This has actually been done. You can now do protein folding and SETI (and a bunch of GMO research) while mining. Gridcoin is working with the full cooperation of the UC Berkeley BO…

In the case of clones Namecoin/Primecoin/Gridcoin/Datacoin and others, there is even useful work being performed as part of the protocol of the software. Gridcoin's block rewards, …

It's all in the brainstorming stages. Distributed Autonomous Government is also theoretically possible, offering voluntary participation, transparent workings and direct democracy.…

This is the key point where the public blockchain seems to be of use for voting: transparency, which we have zero of in current machine systems.

I explore some of the possibilities of achieving transparency and trust in government through blockchain records here: http://www.wallstreetcrypto.com/2013/12/distributed-anonymou.…

The reported stealth launch is interesting, if depressing. Stealth launches are essentially a deniable form of premine and not a good indicator for a coin's future, historically. I…

According to official sources ( http://www.ubuntu.com/phone/install ), the Ubuntu Phone beta has the following capabilities: "Connection to the GSM network on Galaxy Nexus and Nexu…

I too have this feeling, and made a post about possibilities for traditional state functions in the blockchain: http://www.wallstreetcrypto.com/2013/12/distributed-anonymou... It's…

The doge brand is the USP. Most LTC clones are already largely undifferentiated, so this is actually a strong contender given it's technically almost identical to the rest.

Premined strategies like Ripple chose certainly aren't the road to success.

Many people already give up enough information (by carrying a smartphone) to allow for a simulated world, where their avatar's actions match their real world actions in realtime: p…

Consumer protection is possible in Bitcoin - it's voluntary on the part of the service provider, and should be demanded by customers.

Deja vu all over again.

If Bitcoin as a payment system (including exchange fees to give government fiat to the bank) has lower overall per-transaction fees than VISA, it's a win for adoption for this busi…

I am convinced that the entire badBIOS story is an application of this technique to shake out remaining bugs in the design. Look at the large number of subject matter experts who d…