Comments on: Arguing Against The Violence Of The State Is Futile And Unnecessary http://www.libertariannews.org/2011/06/09/arguing-against-the-violence-of-the-state-is-futile-and-unnecessary/ Hate The State Tue, 21 May 2013 19:32:00 +0000 hourly 1 By: Bitcoin és állam | Magyar Bitcoin Portál http://www.libertariannews.org/2011/06/09/arguing-against-the-violence-of-the-state-is-futile-and-unnecessary/#comment-9523 Bitcoin és állam | Magyar Bitcoin Portál Wed, 02 Nov 2011 14:22:42 +0000 http://www.libertariannews.org/?p=8524#comment-9523 [...] Forrás: Libertarian News [...]

]]> By: A Country Farmer http://www.libertariannews.org/2011/06/09/arguing-against-the-violence-of-the-state-is-futile-and-unnecessary/#comment-8300 A Country Farmer Sat, 11 Jun 2011 18:34:00 +0000 http://www.libertariannews.org/?p=8524#comment-8300 “a currency system that has no possible way for a State to assume control over it.”

You’re an optimist!

Have you not read the original bitcoin research paper (available at bitcoin.org) that said, “… if honest nodes control a majority of CPU power.”

There are many things the state could do: 1) take down bitcoin.org or any other big websites that have the bitcoin client. Without the client, there is no bitcoin. They can just say it’s used for money laundering, the media will repeat it, and it’s done; 2) Disallow credit card companies and banks for converting dollars to bitcoins. This leaves only the miners, and no way for an average person to partake in bitcoin unless they mine (maybe this is the escape hatch?)

The bootstrapping is the hardest part. If it gets past that, then it has a good chance. So bootstrapping has to occur very quickly.

]]> By: George Donnelly http://www.libertariannews.org/2011/06/09/arguing-against-the-violence-of-the-state-is-futile-and-unnecessary/#comment-8291 George Donnelly Fri, 10 Jun 2011 15:00:00 +0000 http://www.libertariannews.org/?p=8524#comment-8291 There is no silver bullet. But bitcoin is definitely a useful tool for wrenching more free space from the empire.

]]> By: Michael Suede http://www.libertariannews.org/2011/06/09/arguing-against-the-violence-of-the-state-is-futile-and-unnecessary/#comment-8277 Michael Suede Thu, 09 Jun 2011 18:05:00 +0000 http://www.libertariannews.org/?p=8524#comment-8277 Thanks so much Jackson!

]]> By: Jackson http://www.libertariannews.org/2011/06/09/arguing-against-the-violence-of-the-state-is-futile-and-unnecessary/#comment-8276 Jackson Thu, 09 Jun 2011 18:03:00 +0000 http://www.libertariannews.org/?p=8524#comment-8276 Another great post!  Sums up much of my thoughts on bitcoin.  Tip coming your way.

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