Before the 2017 Legislative Session began, Liberty Lobby LLC CEO Darryl W Perry began identifying bills of interest. This was initially done based solely on the titles of the Legislative Service Requests (LSRs), which are made public shortly after being filed. The text of the LSRs are then made available once the wording is finalized and has a signature from the sponsor. Not every LSR gets a bill number; a Representative or Senator can ask to withdraw the LSR. This often happens if there are multiple LSRs on the same topic with the same objective, or if the sponsor learns there is little chance of passage.
Of the LSRs marked as “of interest” by Liberty Lobby LLC, 39 were withdrawn before the text became available. Another 3 were withdrawn after the bill text became available, but before being assigned to a committee. Once committee hearing began in January, bills could not be withdrawn. However, the sponsor of SB82 (relative to labeling for maple syrup) requested the bill be deemed “Inexpedient to Legislate,” and the public hearing lasted less than one minute.
Originally, Keene, New Hampshire was the civil disobedience capitol of the libertarian movement. The new activist zeitgeist across New Hampshire and especially in the activism epicenter of Keene, is around cryptocurrency like Bitcoin and DASH. Spreading cryptocurrency is a great method for helping keep wealth in the community and hopefully enrich it, presuming Bitcoin and the others continue to rise against fiat currency like the US Dollar. Bitcoin has been very good at this over the years.
While some old organizations like some big banks and the governments of the world may feel threatened (every activism has its haters, if it is effective), cryptocurrency is rising worldwide and there’s little the old money people can do about it.
Even better, the real strength in Bitcoin and most of its competitors is that of decentralization. The more people get into decentralized currency, the more power transfers from the government and bankers’ hands to the hands of the people, like you.
To that end, the Shire Free Church entered the Bitcoin vending world in 2014 with a mission of spreading bitcoin and therefore, fostering peace. I believe cryptocurrencies are one of the greatest tools for working towards peace, as every dollar that transfers to bitcoin is one fewer with which governments can go to war with the world, or against their own people.
If you’re a libertarian who loves cryptocurrency. You really need to plan your move to New Hampshire and join the fun. We need your help making sure New Hampshire stays a haven for cryptocurrency users and businesses. To connect with others already here, check out the Shire Forum, which also as areas about cryptocurrency.
With all the Bitcoin drama going on, it’s easy to get distracted from what is important. What is important, whether Bitcoin stays on top or not, is the idea of cryptocurrency, of which Bitcoin was the first. While I personally believe Bitcoin can survive its internal turmoil, I could be wrong. After all, no one buys the Model T these days, even though it was the first car. The Model T is a clunker compared to what we have now.
Though there isn’t much mainstream media coverage of its alternatives, Bitcoin is far from the only cryptocurrency. There are hundreds of them, most based off of the original code for Bitcoin released by Satoshi Nakamoto, its anonymous creator.
One of those competitors that libertarian cryptocurrency enthusiasts in NH have been using recently instead of Bitcoin is DASH, or “Digital Cash”. Due to the growing pains Bitcoin has been experiencing, people here have been looking hard at other alternatives. DASH has started to appear in use at various libertarian market days across the state. Its fees are much lower than Bitcoin’s and DASH has an interesting governance structure that really sets it apart from many of the “me-too” cryptocurrencies out there vying for Bitcoin’s #1 position. (more…)
In a recent, in-depth article, I discussed the out-of-control fees to send bitcoin. The executive summary is that Bitcoin is somewhat broken due to the high fees that have been caused due to the Bitcoin network not being able to scale to consumer demand. The reason for this is because there has been an ongoing “geek war” for a couple years now behind the scenes that centers over some fundamental disagreements over how Bitcoin should handle its growing pains with scaling up. Meanwhile, the fees have been rising over the last six months and have killed off the previous usefulness that Bitcoin had for microtransactions, or even small dollar transactions. Again, see my original piece for more about the fee difficulties.
Now the ugly Bitcoin not-so-civil war that has been playing out behind the scenes on message boards, reddit, and social media for months and months is going to come into public view on August 1st. Here’s my non-technical explanation for what’s happening and how, if you’re a bitcoin holder or bitcoin-accepting merchant, it could affect you: (more…)
Charlie Shrem, COO of Jaxx, stumbled onto the lower fees, he told Free Talk Live.
I saw the headline in Coin Telegraph and couldn’t believe it: “Bitcoin Transaction Fees Significantly Decrease, Charlie Shrem Pays $0.25 Fee”. Even though I know and trust Charlie Shrem, I still thought this news was a fluke.
For those who haven’t been following the ugly geek war happening behind the scenes of Bitcoin, here’s a recap, oversimplifying a complex situation:
As little as two years ago, Bitcoin’s median transaction fee was as low as $0.02 worth of bitcoin. That means half of all bitcoin transaction fees cost less than $0.02 and the other half cost over $0.02.
With Bitcoin, there are fees to send, not receive. (This is the reverse of credit cards, where the merchant pays a fee to receive.) In the past, if one wanted, one could send bitcoin with no fee and it would go through, just without any priority. As you can see from this chart, the median transaction fee has shot up mostly in the last six months or so, and it has risen has high as $3.00 worth of bitcoin!
That means that had I wanted, in the last few months, to go buy a $2.00 drink at Corner News with bitcoin here on Main Street in Keene, NH, it might cost me $3 just to send the $2, making it a $5 drink! No sane customer would pay a crazy fee like that. This dramatic rise in fees has destroyed bitcoin’s previous usefulness for microtransactions. No more bitcoin-operated snack machines, no more using bitcoin for small online tips, no more Watch-my-Bit micro-donation video streaming service. (more…)
This Independence Day, I am pushing the meme of New Hampshire Independence. It is its own country of 1,331,000 people with a unique set of cultural, economic, and philosophical values. It’s about time you and I start referring to NH as a country. Forget “draining the swamp” — Leave the swamp!
