Bitcoin Forum

Bitcoin => Press => Topic started by: Sunmerdy on May 02, 2017, 11:04:02 AM



Title: [2017-05-02]Trump Press Secretary Sean Spicer Tweets Out a Bitcoin String
Post by: Sunmerdy on May 02, 2017, 11:04:02 AM
Sean Spicer, Trump’s press secretary, tweeted out a bitcoin hash back in January 2017. The tweet was quickly deleted, but it led to a rumor mill speculating he had just let everyone know his password. That wasn’t the case, it appears the apparently random string “n9y25ah7” was a bitcoin blockchain based verification code.


Sean Spicer, Trump’s Press Secretary tweets out a bitcoin string
The address only received pennies or less, by another address which received pennies or less. Some quick blockchain analysis suggests there are three or four hoops until we get to an address with a respectable amount of bitcoins, but how any of this moved is somewhat puzzling considering bitcoin fees are at a dollar or more.

What might be less puzzling is why Spicer might have used the bitcoin blockchain as a means of authentication because this was just days after Julian Assange, the WikiLeaks founder, used the blockchain as proof of life by revealing the hash of a timely address in a much-publicized event.


// Get exclusive analysis of bitcoin and learn from our tutorials. Join Hacked.com for just $39 now. //

That most probably raised bitcoin’s profile by revealing a somewhat unique use – proof of identity – in a very hard to forge manner, not much different than a PGP key. It may well be the case Spicer thought to use the same functionality for whatever reason, but that he did so is fairly significant.

Firstly, it shows bitcoin is now very much mainstream in America. It further indicates many within Trump’s administration are not only aware of bitcoin, but actually use it. Something we speculated before and after the election, with many guessing the new administration would be much more friendly to this space.

Whether that is indeed the case remains to be seen because, undoubtedly, the Republicans had far more pressing issues to deal with in their 100 days, including North Korea, Syria, the battles over immigration, and so on.

It is unlikely they have gotten to this space yet, but it is very telling that a highly senior member of Trump’s administration has used bitcoin, probably for authentication, suggesting he is aware of its functionalities and uses.

Many will ask whether it is a very subtle stunt or whether he actually did just use cutting-edge technology to perform a useful function, namely timely proof of identity? Who knows. What we can say is that hopefully, he was aware of the potential privacy implications because that address may now receive much scrutiny, including how funds came to it, how it could move with such low amounts when fees are so high, where did funds go, and so on.

Regardless, this is the highest ranking American official to show awareness of bitcoin and its use. A very first for this space.
https://www.cryptocoinsnews.com/trumps-press-secretary-tweets-out-a-bitcoin-string/


Title: Re: [2017-05-02]Trump Press Secretary Sean Spicer Tweets Out a Bitcoin String
Post by: BurtW on May 02, 2017, 02:47:00 PM
Looks like this may not be true:

https://medium.com/@jimmysong/no-sean-spicer-didnt-make-some-secret-bitcoin-transaction-94b4851844b5


Title: Re: [2017-05-02]Trump Press Secretary Sean Spicer Tweets Out a Bitcoin String
Post by: Kprawn on May 02, 2017, 03:12:12 PM
What the hell is a " identity confirmation code " ? ..... It cannot be a transaction ID.  ???

The guy could have send someone his passphrase for a Bitcoin address & private key pair, because it looks like some password. Who will know,

and when they figure it out.. it would have been worthless information, because the coins would have been spend already... or transferred.  ;)

The other information could have been send via another platform.. email / phone / social media.  :P



Title: Re: [2017-05-02]Trump Press Secretary Sean Spicer Tweets Out a Bitcoin String
Post by: BurtW on May 02, 2017, 03:24:57 PM
What the hell is a " identity confirmation code " ? ..... It cannot be a transaction ID.  ???

The guy could have send someone his passphrase for a Bitcoin address & private key pair, because it looks like some password. Who will know,

and when they figure it out.. it would have been worthless information, because the coins would have been spend already... or transferred.  ;)

The other information could have been send via another platform.. email / phone / social media.  :P


Read this:

https://medium.com/@jimmysong/no-sean-spicer-didnt-make-some-secret-bitcoin-transaction-94b4851844b5

It explains it pretty well.

Also, the whole thing about Spicy Spicer knowing about Bitcoins is probably totally false.


Title: Re: [2017-05-02]Trump Press Secretary Sean Spicer Tweets Out a Bitcoin String
Post by: RomanJDS on May 02, 2017, 03:41:04 PM
May be it was Ctrl-C Ctrl-V or Photoshp...


Title: Re: [2017-05-02]Trump Press Secretary Sean Spicer Tweets Out a Bitcoin String
Post by: praboso96 on May 02, 2017, 06:30:54 PM
It seems to me that the press exaggerates the events. In fact, nothing important has happened. Little whether that was the code. Can be randomly typed


Title: Re: [2017-05-02]Trump Press Secretary Sean Spicer Tweets Out a Bitcoin String
Post by: BurtW on May 02, 2017, 07:01:16 PM
It seems to me that the press exaggerates the events. In fact, nothing important has happened. Little whether that was the code. Can be randomly typed
Of course they exaggerated it.  They exaggerate everything.  That is their purpose in life, their entire existence: click bait.


Title: Re: [2017-05-02]Trump Press Secretary Sean Spicer Tweets Out a Bitcoin String
Post by: Narosya on May 03, 2017, 07:10:08 PM
It seems to me that the press exaggerates the events. In fact, nothing important has happened. Little whether that was the code. Can be randomly typed
Of course they exaggerated it.  They exaggerate everything.  That is their purpose in life, their entire existence: click bait.
Probably you should not pay attention to such things. New ones that say in such options are nothing more than misleading users.


Title: Re: [2017-05-02]Trump Press Secretary Sean Spicer Tweets Out a Bitcoin String
Post by: darkangel11 on May 03, 2017, 09:21:21 PM
Looks like this may not be true:

https://medium.com/@jimmysong/no-sean-spicer-didnt-make-some-secret-bitcoin-transaction-94b4851844b5
It's still good if he used bitsig. We should be happy that a blockchain related tech is being used by the government.
We can speculate that if he's ok with this he might as well be unofficially trying out bitcoin transactions. He might even be holding some.
Bitcoin is taking over!