did you miss the recent events?
it's all in the hands of the authorities now... search warrant and all... which isn't too good news. This could take months.
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Ripple stores your password in plain text. - Reddit.com Is this true ? If yes then fix it before trying to convince others to use ripple instead of bitcoin.
welcome to the new world of HTML5 local storage. It's like an app running locally really. Just like BitcoinQt knows your wallet password in plain text as well. I guess the password is encrypted on the drive (this can only keep dumb trojans away really), but it will be decrypted on-demand in memory.
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did you timestamp that image in the blockchain
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ah jo, natürlich, danke. wär mal'n projekt, berlinaufenthalt ohne € dabei
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The recent crash hasnt be predicted? Are you sure??? Im pretty sure it was predicted, some people even nailed to an hourly period. pls be serious señor
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Gibt's auch 'ne Unterkunft? Mit BTC natürlich?
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Don't take it personally. I'm not exactly a teen anymore myself. I'll probably still ramble about "old people" when I'm 70.
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I guess most of us want a world free of corporate ISPs and mobile phone companies. To build resilient and censorship-resistant network, "hackers" have been planning to shoot up satellites into the orbit for a while: http://www.bbc.co.uk/news/technology-16367042But maybe nodes can be also be placed into stratosphere in weather balloons, a couple of miles apart from each other, to build a resistant and effective meshnet. Would that be more feasible? Thoughts? I mean what to do with all the new found wealth through Bitcoin anyway.
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My take is that Colbert is pro bitcoin
He isn't. It's called irony. Or playing the devil's advocate.
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You're still in a way of thinking that assumes a single monopolistic dominant currency.
Bitcoin is not even "deflationary", because it is not an enforced monopoly money. It is just an asset. It follows supply and demand. So you could ask even today, why should I lend someone my dollars, if I can buy bitcoins instead? Simply because bitcoins exist, you would therefore want to charge high interest even on dollar loans. Or would you? No, because, as we see, the value of Bitcoin fluctuates; it is therefore not deflationary. And even in an economy that is dominated by the Bitcoin currency, it will have to compete with other assets that may promise higher return. So the average interest rate in an economy that is not dominated by a central bank would have nothing to do with the mainly used currency. It will rather be the median of any assets out there.
Or to put it in another way: We could abolish the concept of a currency altogether. All we'd have is assets and price indices (baskets of goods etc) that all fluctuate in value against each other. And everyone would be responsible for themselves which assets they would choose to store the information of the value of their labor in.
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sounds bearish for now.
let's see if it will be correct; the recent crash hasn't been predicted as far as i can see. I thought we'd be going to the moon, viral adoption and network effect and all.
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but mattress stuffers can not claim those benefits as being caused by their actions. BitCoins economy is pure mattress stuffing without a hint of productive investment
1. what's wrong with taking control of the stored information of the value of my labor? 2. saving is merely a deferred form of investment. Saving up first will be preferred to loaning. 3. there is no value removed from circulation, especially if it's only the bits and bytes of a cryptocoin, and not silver that would actually perhaps be needed for other productive procession. If I die without passing on all my bitcoins, no productive value in society is lost. Bitcoins withheld from circulation merely raise the value of all others, until I spend them. At most this causes higher volatility than necessary. But with sufficient adoption, things will even out.
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NEED DATE IN TITLE!
BUT HAS ALREADY TIME IN THE TITLE!
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This wouldn't happen to be related to that autistic asshole Anonymint, would it? Seems to reek of it, in writing style, and "mint".
He seems to be deeply related to bitmint.com, for what it's worth. When I first ran into Anonymint, I was thinking back on a time when we first met Synaptic... *sigh* Checked out lots of resources for Bitmint but they all seem ethereal and derpy. to be fair, Shelby Moore/Anonymint's project is something else. It is decentralized, with a proof of work scheme that will destroy users' hard drives.
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