Received: from sog-mx-4.v43.ch3.sourceforge.com ([172.29.43.194] helo=mx.sourceforge.net) by sfs-ml-4.v29.ch3.sourceforge.com with esmtp (Exim 4.76) (envelope-from ) id 1WfXy2-0005yD-GN for bitcoin-development@lists.sourceforge.net; Wed, 30 Apr 2014 17:06:46 +0000 X-ACL-Warn: Received: from nl.grid.coop ([50.7.166.116]) by sog-mx-4.v43.ch3.sourceforge.com with esmtp (Exim 4.76) id 1WfXy1-00024b-HM for bitcoin-development@lists.sourceforge.net; Wed, 30 Apr 2014 17:06:46 +0000 Received: from localhost (localhost [127.0.0.1]) (uid 1000) by nl.grid.coop with local; Wed, 30 Apr 2014 12:06:38 -0500 id 000000000006A32F.0000000053612D9E.00000237 Date: Wed, 30 Apr 2014 12:06:38 -0500 From: Troy Benjegerdes To: Gareth Williams Message-ID: <20140430170638.GE3180@nl.grid.coop> References: <5359E509.4080907@gmail.com> <535A60FE.10209@gmail.com> <535BA357.6050607@gmail.com> <535CFDB4.1000200@gmail.com> <20140428214102.GA8347@netbook.cypherspace.org> <5360F3D6.4040002@gmail.com> Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Content-Disposition: inline In-Reply-To: <5360F3D6.4040002@gmail.com> User-Agent: Mutt/1.5.21 (2010-09-15) X-Spam-Score: -0.7 (/) X-Spam-Report: Spam Filtering performed by mx.sourceforge.net. See http://spamassassin.org/tag/ for more details. -0.7 RP_MATCHES_RCVD Envelope sender domain matches handover relay domain X-Headers-End: 1WfXy1-00024b-HM Cc: Bitcoin Dev Subject: Re: [Bitcoin-development] Coinbase reallocation to discourage Finney attacks X-BeenThere: bitcoin-development@lists.sourceforge.net X-Mailman-Version: 2.1.9 Precedence: list List-Id: List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Wed, 30 Apr 2014 17:06:46 -0000 On Wed, Apr 30, 2014 at 11:00:06PM +1000, Gareth Williams wrote: > On 30/04/14 00:13, Mike Hearn wrote: > > I do think we need to move beyond this idea of Bitcoin being some kind > > of elegant embodiment of natural mathematical law. It just ain't so. > > I haven't seen anybody arguing that it is. > > Bitcoin is the elegant embodiment of /artificially contrived/ > mathematical rules, which just so happen to be very useful in their > current configuration :-P > > Nobody is saying those rules are immutable. Just that it isn't sensible > to undermine them by introducing imprecise and unpredictable elements > like human politics. As an end-user of Bitcoin, the whole possible value of a set of mathematical rules has become completely trashed by the imprecise and unpredictable behavior of buyers and sellers. If the rules are not responsive to real human needs, bitcoin is worthless as a long-term store of value because **my idea of value** changes over time. This implies, in my mind, an absolutely requirement to attempt to gather some useful signal from the human political noise. How do you determine what that signal is, so you can **change the rules** and the mathematics so it makes more sense? You've got to deal with politics, one way or another. -- ---------------------------------------------------------------------------- Troy Benjegerdes 'da hozer' hozer@hozed.org 7 elements earth::water::air::fire::mind::spirit::soul grid.coop Never pick a fight with someone who buys ink by the barrel, nor try buy a hacker who makes money by the megahash