Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: SamS on May 17, 2013, 11:12:21 PM



Title: EFF to start taking BTC
Post by: SamS on May 17, 2013, 11:12:21 PM
https://www.eff.org/deeplinks/2013/05/eff-will-accept-bitcoins-support-digital-liberty (https://www.eff.org/deeplinks/2013/05/eff-will-accept-bitcoins-support-digital-liberty)


Title: Re: EFF to start taking BTC
Post by: hashman on May 17, 2013, 11:43:26 PM
Deja Vu!


Title: Re: EFF to start taking BTC
Post by: QuantumQrack on May 18, 2013, 12:25:06 AM
EXCELLENT


Title: Re: EFF to start taking BTC
Post by: John (John K.) on May 18, 2013, 04:24:52 AM
About time.  ::)


Title: Re: EFF to start taking BTC
Post by: bbit on May 18, 2013, 04:28:40 AM
Finally.


Title: Re: EFF to start taking BTC
Post by: gweedo on May 18, 2013, 04:28:45 AM
They sound like they are accepting it, but want nothing to do with them.


Title: Re: EFF to start taking BTC
Post by: Viceroy on May 18, 2013, 04:30:09 AM
I have mixed emotions.  I love eff but I hate that they quit us last year.


Title: Re: EFF to start taking BTC
Post by: Endgame on May 18, 2013, 02:21:56 PM
Great news! Not sure why they ever stopped tbh.


Title: Re: EFF to start taking BTC
Post by: Matthew N. Wright on May 18, 2013, 02:23:37 PM
I have mixed emotions.  I love eff but I hate that they quit us last year.

Probably a kneejerk reaction to all the anarchist agenda spread around Bitcoin at the time. Despite what bitcoin cultists would have you believe, legitimization of Bitcoin helps it grow.


Title: Re: EFF to start taking BTC
Post by: Jace on May 18, 2013, 03:30:28 PM
Great news for Bitcoin.

And for EFF as well, cause they will receive more donations because of this.


Title: Re: EFF to start taking BTC
Post by: Este Nuno on May 18, 2013, 03:37:34 PM
Took long enough.


Title: Re: EFF to start taking BTC
Post by: CryptoJunky on May 18, 2013, 03:40:17 PM
Finally!


Title: Re: EFF to start taking BTC
Post by: drawingthesun on May 18, 2013, 05:36:37 PM
Quote from: https://www.eff.org
A full discussion of the strengths and weaknesses of the Bitcoin design will have to wait for a future blog post, but we note here that Bitcoin is very often not anonymous in the ways users might believe or expect, because (for instance) the network doesn't actively conceal the IP addresses from which transactions were initiated; its expenditure of large amounts of computational resources may turn out to be unnecessary; and its monetary policy is controversial and arguably designed to incentivize adoption and holding of the currency, rather than maximizing valuable economic transactions. The fact that Bitcoin is subject to criticism should not be surprising; it would have been much more surprising if the first widely used cryptographic currency had been perfect, and very active research continues on ways of improving Bitcoin or creating new crypto-currencies with other properties.

Any thoughts on this?


Title: Re: EFF to start taking BTC
Post by: SamS on May 18, 2013, 05:51:49 PM
Quote from: https://www.eff.org
A full discussion of the strengths and weaknesses of the Bitcoin design will have to wait for a future blog post, but we note here that Bitcoin is very often not anonymous in the ways users might believe or expect, because (for instance) the network doesn't actively conceal the IP addresses from which transactions were initiated; its expenditure of large amounts of computational resources may turn out to be unnecessary; and its monetary policy is controversial and arguably designed to incentivize adoption and holding of the currency, rather than maximizing valuable economic transactions. The fact that Bitcoin is subject to criticism should not be surprising; it would have been much more surprising if the first widely used cryptographic currency had been perfect, and very active research continues on ways of improving Bitcoin or creating new crypto-currencies with other properties.

Any thoughts on this?

They're all valid points to one degree or another. There are guys working on the anonymity issue -- which may be a red line for governments and lead to the two tier Btc approach that is being bandied about. The energy expense really needs to be compared to what any other electronic funds processor spends to move money about the planet -- I don't have a strong or informed opinion here. The economic criticisms may be right or wrong. It's not like economists have a monopoly on revealed wisdom here so I think this one doesn't have a clear cut answer. 


Title: Re: EFF to start taking BTC
Post by: bitpop on May 22, 2013, 09:00:54 AM
I'm pissed. I gave them a lot last time and they gave out it in the faucet. They aren't getting any more from me. Trust is gone. Screw them. They're even talking shit.