But I always believed that the key is private information and it couldn't be disclosed to anyone. Am I right?
that's up to you. If your government says "hand over your keys" or go to jail... what are you going to do? They made folks hand over gold. Some held onto their gold against the government's will. That's a choice you may have to make in a dystopian future. you could post your private key right now on this forum if you wanted to.... but say goodbye to your Bitcoins if you do! |
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I've been watching your vids on Youtube for years.... Vision Victory right? Anyway let's do a count 120,780 "readers" on the Bitcoin sub Reddit 317,038 total members on BitcoinTalk. https://bitcointalk.org/index.php?action=mlisthence the surprise I guess.. last time I did a count was here: http://letstalkbitcoin.com/bitcoin-professionals-double-in-four-months/too bad though.. I counted the number of users on LinkedIn that listed Litecoin... it was so small at the time I dismissed Litecoin as an investment and for the article. Would have been an amazing buy in September... I think I just went off-topic.,, |
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surprised as to the lack of response by bitcointalk community on this article...
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RCHumphrey & ahmedjadoon ... Thank You.
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I am looking to sell my domain Coingrats.com to a Bitcoin payment processor, wallet or tipping service: http://www.coingrats.comregistrar Network Solutions.. figure I would put it out here early to see what kind of reception it gets |
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There seems to be some confusion (maybe some because people don't read). The patent is not about digital currency systems in general or a blockchain based digital currency.
The patent is regarding AN EXCHANGE which deals in the conversion of digital currencies for "real" currencies. The patent is still nonsense and if there is any justice will be thrown out the first time WU tries to enforce it. In no case would Bitcoins, Bitcoin transactions, the blockchain, mining, miners, mining pools or proof of work fall within the scope of the patent.
If successfully enforced traditional bitcoin exchanges like BitStamp, BTC-e, etc would be the target. It isn't immediately clear if the scope would cover bitcoin "dealers" and non-traditional systems like coinbase, BitSimple, etc.
So those saying the genesis block is prior art are missing the point. That would be like saying amazon can't patent "1-click" checkout because the dollar existed two hundred years prior to that, or a commodity exchange can't patent a novel order matching system because Gold has been around for thousands of years.
DeathAndTaxes thanks for being a voice of reason. |
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YES it means that bitcoin was BEFORE the patent was filed , so bitcoin is first , and probably the patant is based on the papers of satoci nakamoto.
So good luck with this failed patent.
Again this is in regards to exchanges. The patent even mentions Ithica hours... which is from 1991. Think Cryptsy or Gox for that matter. |
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bitcoin genises block is from 03/Jan/2009 Chancellor on brink of second bailout for banks[2] (genises block)
So it will be prior art , and we all know were the patent is based on.....
on nakamoto's white paper.
huh? this is regards to exchanges. |
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Western Union Obtains Alternative Currency Exchange System Patent from USPTO: Alternative value exchange systems and methods No Joke Patent 8,688,563 Granted on April Fools Day 2014..was Filed in October 2009 “…Methods and systems for exchanging alternative currencies…” More Here https://medium.com/p/23f9de5dc65e |
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 no comments?
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Back in December we reported that the United States Air Force has quietly been working on a Bitcoin payment gateway otherwise known as a “snack machine” (yes you read that correctly). We also discussed that “currency is like another class of supply, a commodity required to execute the battle.” More Here: http://bitcoinmagazine.com/12517/u-s-navy-preparing-bitcoin-battalion/ |
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