And what about the printing job scheduler? Does it store the document somewhere? You cannot be sure, pen and paper is easy and fine.
If I was going to print them, I would probably boot from read-only media on a machine without network connectivity. My statement about less than 1MB of memory implies the printer does not have network connectivity either. For the dot-matrix, there is the possibility of lifting the image from the ribbon, but it gets recycled/reused within minutes. A Laser printer may have a similar problem with the drum, but those tend to have over a MB of memory anyway. I would use a printer in principle, if I knew a printer as good as you seem to do. But I don't know any printer good enough to trust it. |
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Reversing 1000 future blocks takes a week with 52%.
This is certainly wrong, and your other numbers are probably wrong, too. If you control 52% of the network, you must use one of your blocks to negate a legitimate block 48% of the time. So 48% of the network is producing legitimate blocks, 48% of the network is negating those blocks, and only 4% is left producing new blocks. The network would only produce 5.76 blocks per day. My numbers are not wrong, they just relate to a different attack from what you have in mind. I was talking about building up an alternative branch starting from the current block, without releasing blocks during construction. After about a week, the honest network will have on average 1000 blocks while the attacker will have on average 1083 blocks, and with high probability he will have more blocks. What does an attacker get from having the longer blockchain? Waste of energy? |
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Because virtual accounts like MtGox's and MyBitcoin have shown to be secure ...
Those were early examples and were bound to fail. The industry has learned. In addition, EasyCoin will have a Bitcoin claim process with the tightest security. No real Bitcoins will leave in rogue hands. I think the idea is good in general, and I think that is what the old banks will do in the future (those who don't die). It is like gold-backed money in a bank, but the bank must be way more careful and care for their clients, because they could easily pull all their bitcoins out of the bank (which is way harder with gold). This will also make reversable transactions possible in scenarios where people want it. Where people don't want it, they can use hard cash bitcoins. |
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Because virtual accounts like MtGox's and MyBitcoin have shown to be secure ...
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This is the same person who supposedly has issues with bitcoin because they are a christian....
That's no contradiction, being a christian you declare being ready to believe absolutely anything.  |
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I think it is more like stealing Euros or Yens in America. It's not the officially recognized currency, businesses are not forced by law to accept them. But does it make stealing them irrelevant? Of course not!
...and whether or not bitcoin is a currency at all is irrelevant. Artwork isn't recognized as currency, nor is its exact value determinable but stealing them isn't irrelevant!! So long as the government recognizes that Bitcoin has SOME value as an asset, stealing it can be dealt with just as seriously as theft of a piece of art. Yes, and the value is objectively measurable, because you can argue that it takes a certain amount of value ($15+ or so) to get new bitcoins (because you can't create them out of thin air technically, and people want that much money for them). |
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What if you don't believe in mind body dualism?
It could be something like "the software"? I don't think anyone denies that subjective experience exists, but the basic premise of a soul is that it is something separate from the body. Soul is a loaded word that dualists see no problem with and everyone else dislikes That's not what people mean when they say: "It hurts my soul." |
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Yes, the fees definitely are much better. But lets say I had that old client where there were no fees, or very low fees, could I make transactions with such low fees? I assume the transactions would just take longer?
Btw, those OS analogies by TraderTimm were peretty classic. Good stuff.
You can always make free transactions, but you have to find peers who accept them. |
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I don't get arrested for going out nude
...
They won't impress the girls,
Going out nude may impress girls.  |
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Breaking into computers and vandalism are crimes anyway, no matter whether anybody recognizes the value of any data.
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There were such sites in the beginning, paypal and the banks block it now. They don't like to get useless.
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Da werd ich auch mal hingehen.
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But spending billions of dollars on a ton of AMD GPUs simply so that you can destroy the bitcoin network is a negative sum game. 15 millions of $ aren't "billions"  Billions of Yen. |
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I am wondering how that is anything other but the most obvious thing I've ever seen. That is fundamentally good for bitcoins adv download links You don't understand me. The speaker just says the obvious. I don't see any news in that talk. |
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How do I know that my engraved key pair is secret?
I will stay with pen and paper (I wouldn't even trust a printer that much!).
I trust all my printers with less than 1 MB or memory And what about the printing job scheduler? Does it store the document somewhere? You cannot be sure, pen and paper is easy and fine. |
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The only real point you have is about the transaction fees. I was a little confused at first when I was being forced to ay transaction fees (it was also that client which was charging 0.01 or what ever ridiculous amount it was), and I was like, wtf is going on here, no fees my ass. But the fees are much more reasonable now. I do find it a little discerning however, that some simple client changes can change the fees.
Yea, it does not make sense. It wants fees if the transaction is complicated or larger than some certain size. Why? That does not make generating the block any harder. The only fee that makes sense is the anti-spam fee. |
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I like to distinguish between Bitcoin the concept and the actual client implementation.
Your fallacy is to not do so - it is actually possible to start using Bitcoins within seconds: I just visited a friend, went to mybitcoin.com on his computer and registered an account for him within "seconds" (ok, it might have been a minute or two to explain some password basics). Then I sent him some BTC from my phone - voila!
It is absolutely possible to start using Bitcoin within seconds and without technical skills! The standard Bitcoin client does not offer this just yet but it is by far not the only way to use Bitcoin.
That's also true, of course. You can outsource the security issue to a third party of your trust. (In future there will be much more serious ways than mybitcoin.) |
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