2013/11/26 Sean Lynch <seanl@literati.org>
On Mon, Nov 25 2013, Jim Bell wrote:

Please don't confuse an assassination market with Bitcoin. Both can exist without each other. One does not require the other and none is a direct result of the other. They are extremely complementary.

Regarding general disagreement with Bitcoin: there's really no point resisting mathematics. And at this point the deflation of Bitcoin is about as tied to a mathematical certainty as reality ever gets. It's a market thingy. Early adopters get huge advantages. Knowledge presses the price harder than risk. Anyway.

Having multiple Bitcoins isn't much going to solve your problems. No other currency will be without it's own flavor of problems. As a rule of thumb: if the math is sound but it seems illogical, check yourself. If you can't check the math, don't trust it.

Having multiple cryptocurrencies would be nice. But Ripple for example sucks in comparison.

Again, this thread is not about bitcoin and cryptocurrencies.

Regarding assassination markets I don't think this particular one isn't too special. I also think any form of assassination should be communally prevented. Of course anonymity, which always exists in some form, makes it impossible. I'm not sure making it as in-your-face as Tor+Bitcoin is doing it right now is better or worse. Sure is fair when knowledge isn't the deciding factor.

Bottom line: whatever, I hope it doesn't take off. I like safety and wish it weren't a marketable good. I'm still not sure how far this extends into healthcare, but I hope development in the area makes the choice easier (just take care of them is my preferred answer).

Best regards,
Lewis