Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Please remove mitsuhiko/*

github.com

Post reply on HN
Print view View original

271–280 of 445 posts

Re: Please remove mitsuhiko/*

#271

Post by Vendan »

Ologn wrote: post #231
jordanpg wrote: post #168

Earlier quoted context omitted.

From Bitcoin's own FAQ [1]: "One could argue that gold isn't backed by anything either. Bitcoins have properties resulting from the system's design that allows them to be subjectively valued by individuals. This valuation is demonstrated when individuals freely exchange for or with bitcoins. Please refer to the Subjective Theory of Value." Like it or not, Bitcoin has a PR problem. It needs be liked and trusted in add…

Bitcoins are worthless precisely because the Subjective Theory of Value is wrong. Benjamin Franklin, Adam Smith and all the early economists thought the Subjective Theory of Value was wrong. Because it is wrong. Bitcoin is a little scam which justifies itself against the backdrop of a much bigger scam. Gold is valuable because it takes effort to find, mine and refine. People want to exchange other valuable things for…

My wife's dentist didn't use gold for her teeth, Copper and silver are better conductors. Gold's only useful quality is that it doesn't tarnish. Ask yourself this, on a desert island, what's more valuable, 5 pounds of potatoes or 5 pounds of gold? I'd pick the potatoes, myself. Sounds like the value is subjective to me...

Re: Please remove mitsuhiko/*

#272

Post by bdcravens »

eof wrote: post #205

I'm really, really surprised and confused by what seems to be the overall sentiment here. This tipping project was born of a hackathon combining cryptocurrency (cool) and supporting open source projects. Awesome! Then when people started getting tipped tiny amounts it generated spam... annoying, but it was fixed. It's a bit outrageous to claim that emailing someone after they have received free money (over some thres…

It's not just free money, it's wasted time from related PRs, and the noise created and the damage it does to OSS in general.

Re: Please remove mitsuhiko/*

#273

Post by keithpeter »

arsenische wrote: post #197
keithpeter wrote: post #126

Earlier quoted context omitted.

soliciting contributions in UK. Moot point as to how someone else soliciting a contribution on your behalf without your permission is seen. I think that people who set Web services up really need to think about what territory the service is designed to operate in and which legal system(s) they have the time and resources to examine.

we are not collecting or soliciting a contribution on someone's behalf.

How are we failing to make clear the reasons behind the reaction to your work?

How are we failing to make clear the various suggestions for making your work actually useful instead of potentially harmful to the projects you claim to be trying to help?

Re: Please remove mitsuhiko/*

#274

Post by drivingmenuts »

jnbiche wrote: post #119

These kinds of episodes are making me increasingly depressed. On one hand, I'm incredibly disappointed in the ethics and morality of some of the people who have latched on to Bitcoin. And sadly, I'd have to include tip4commit in that group, particularly since they are "opt-out" and yet have been spamming people after each commit [ubernostrum points out below that they aren't even "opt-out", since they're not honoring…

First, you have to admit that there is a lot more news about Bitcoin scams and theft than news any good that Bitcoin does.

Second, Bitcoin has not proven its stability and use the way other currencies have. It doesn't have history behind it yet. There are those of us, myself included, who want nothing to do with it until it is proven absolutely-and without-question legal for use in our countries. Just as some raise the question of whether the US dollar is legal, we have the right to question currencies of unknown and unproven provenance.

Third, association with Bitcoin, for me, considering it's questionable provenance, in any way, shape or form is a hassle I do not want. I don't have the time or the resources to invest in exploring that association, and given that uncertainty, I certainly don't want the possibility of potentially having to defend myself to the tax authorities. There's plenty of tripwires there already to catch me unawares and unlawyered and adding another would just make that situation worse. This is not a risk I would want to take.

You obviously feel differently about the situation and that's your risk to take. But it's not your risk to take on my behalf, without my approval.

Which brings us to tip4commit - they've engineered the whole thing to place themselves at risk (their option) and to place the people they want to support at risk as well (not their choice). Whether or not those potential issues are real or not is not the question yet. The point is that tip4commit has zero right to do or say anything that might place me at risk, whether or not that is real.

Re: Please remove mitsuhiko/*

#275

Post by exDM69 »

arsenische wrote: post #197
keithpeter wrote: post #126

Earlier quoted context omitted.

soliciting contributions in UK. Moot point as to how someone else soliciting a contribution on your behalf without your permission is seen. I think that people who set Web services up really need to think about what territory the service is designed to operate in and which legal system(s) they have the time and resources to examine.

we are not collecting or soliciting a contribution on someone's behalf.

In the face of my local legislation, you are. That would mean trouble for me.

Re: Please remove mitsuhiko/*

#276

Post by williamcotton »

Ologn wrote: post #268
williamcotton wrote: post #261

Earlier quoted context omitted.

http://cryptograffiti.info/ http://coinsecrets.org/ https://www.coinprism.info/address/1BvvRfz4XnxSWJ524TusetYKr... https://blockchain.info/new-transactions I personally believe that there is intrinsic value in just the self-referential nature of Bitcoin transactions but what's important to realize is that the transactional nature of Bitcoin is what allows for the entire system to work, regardless of what is built on…

Interesting. If digital currencies focused more on this type of thing, they might actually stay around for a while longer. This is something I can see the value and usefulness of. A Bitcoin competitor focused around things like this, and perhaps allowing people to pay for non-blockchain mass processing power, might actually be viable in the long term. Because it would be actually useful and valuable.

There's about as much point in having a competitor to Bitcoin as there is in have a competitor to the World Wide Web.

There is an incredible amount of infrastructure built up around Bitcoin. There are currency exchanges all over the world. There are thousands of software libraries and applications. These network effects are very real.

The only way to build the types of extensions that you deem valuable are on top of the existing primitive infrastructure.

It's a shame that there is so much political rhetoric clouding the the real value. It kept me from discovering this stuff for the longest time!

Re: Please remove mitsuhiko/*

#277

Post by waterlesscloud »

arsenische wrote: post #197
keithpeter wrote: post #126

Earlier quoted context omitted.

soliciting contributions in UK. Moot point as to how someone else soliciting a contribution on your behalf without your permission is seen. I think that people who set Web services up really need to think about what territory the service is designed to operate in and which legal system(s) they have the time and resources to examine.

we are not collecting or soliciting a contribution on someone's behalf.

I might buy that you're not soliciting contributions on someone's behalf, at least in a razor-thin distinction kind of way.

But as much as I try to contort it, I can't see how you aren't accepting a contribution on someone's behalf.

Re: Please remove mitsuhiko/*

#279

Post by GhotiFish »

Ologn wrote: post #268
williamcotton wrote: post #261

Earlier quoted context omitted.

http://cryptograffiti.info/ http://coinsecrets.org/ https://www.coinprism.info/address/1BvvRfz4XnxSWJ524TusetYKr... https://blockchain.info/new-transactions I personally believe that there is intrinsic value in just the self-referential nature of Bitcoin transactions but what's important to realize is that the transactional nature of Bitcoin is what allows for the entire system to work, regardless of what is built on…

Interesting. If digital currencies focused more on this type of thing, they might actually stay around for a while longer. This is something I can see the value and usefulness of. A Bitcoin competitor focused around things like this, and perhaps allowing people to pay for non-blockchain mass processing power, might actually be viable in the long term. Because it would be actually useful and valuable.

>If digital currencies focused more on this type of thing, they might actually stay around for a while longer. This is something I can see the value and usefulness of.

Bitcoins protocol was SPECIFICALLY DESIGNED to allow these kinds of services. https://en.bitcoin.it/wiki/Script

It is exactly what you say it should be.

Re: Please remove mitsuhiko/*

#280

Post by hayd »

"each new commit receives 1% of available balance"

So if you put a dollar in the account, even after 100 commits there's still 36 cents leftover (assuming every commit is "claimed"). Which is to say, by construction most of this money is going to remained unclaimed.

Post reply on HN