They can extract the data from your brain.
They will send you to torture camp in some eastern European country and extract your password. I will tell them what my password is. And they'll even get my bitcoins. They'll just have no idea if they took all of my bitcoins, or just a small fraction of them. P.S. I have very few bitcoins, and am almost out of them. ...
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On yeah, that's right, just use lasers for long distance. No radio interference and no jamming.
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You're guilty until you can prove otherwise. How can you prove without shadow of doubt that you don't have the keys in your brain?
My point is from the other direction. Wouldn't they have to show some proof or evidence that you have anything to begin with? Otherwise they'd have to go start arresting anyone and everyone on suspicion that they might have something in their head.
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They private key is the encrypted information they want, you have the key, give it up or go to jail. Even if the law won't allow this atm, it's a small technical change and it's all the same.
Wouldn't they have to prove that you still have access to the keys? And wouldn't it be fairly easy to devise new techniques to keep anyone from finding out exactly how many coins you have? Plus you could do some really crazy things with multi-sig. Like lock your coins from being spent for a time, or even set it up so that even if they get your password, they can't do anything with your coins without catching or finding someone else.
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That's probably because US soldiers are forced to take drugs to reduce any feelings of empathy
Speaking as someone who has/had soldiers in my family, WTF are you talking about?
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^^^ And this is why we need built-in mixing, anonymizing, or Zerocoin.
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Of course you're right, but still such a situation wouldn't be something to look forward to.
Yes, you're right, it would not be a good idea. I hope that by the time something like this happens, Bitcoin would be at, or close to, a point that any country doing something like this would essentially result in that country putting sanctions on itself, and blocking other countries from doing business with it.
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Someone would still have to store it. It's not like some part of the blockchain could be omitted by everybody.
Sure. And that someone could be China, Iran, North Korea, Iraq, Equador, Chile, Russia, India, Seycheles, or if none of those are willing to, pretty much anyone, anywhere, on a Tor node. Or an I2P node. Or any other anonymizing node. They could argue it's not the accounting ledger that's illegal but the excess information that is already. And because there are no methods available to prevent somebody to store more illegal information in it it can be declared illegal to posses the block chain. You have to keep in mind to follow how a bureaucrat would think in case he is supposed to "do something about that".
And that's why drugs are not available anywhere, and CP is no longer on the internet. Sure, it would be a problem for the business that's in a country that bans bitcoin, but it won't be a problem for any businesses outside of that. USA banned online gambling. Doesn't mean that business is dead. Government doesn't need to decrypt/steal your bitcoins in order to stop you from using them. They just take your computers and little slips of paper, now your bitcoins are "gone".
Well, they can take away my pieces of paper and my computers, but I have a bunch of other copies of those papers stashed around, and they're all pretty much useless without whatever keycodes I have in my head. Hell, even if it gets to the point where they can read my brain for passwords, my password could simply be "The 5th item from the bottom at such and such location, plus the number on this page on that book at that library, + large string of characters hidden there, which I can never remember because it's too big." I could even memorize a ton of such places, and know that only a few of them are legit, or which order they must be put together in to make a password.
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The $ 1000 are magic number for you? If one day BTC price reaches $ 1000 remains the question of the value of the dollar. Maybe then $ 1000 will not be a magic value like today price 11737.48 JPN / BTC. More interesting will be, for example the BTC/GOLD value. Few people know what it is hyperinflation (from own experience). The $ 1000 represent good portion of monthly income for most. But I agree in 20 years it might not represent interesting amount for most It is better to consider whether in the future for 1 BTC could we buy a house, a car, or maybe hamburger. With Bitcoin, it will be, "I will gladly pay you Tuesday for 500 hamburgers today"
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One conundrum about mesh networks is that they would not be needed except in an extreme scenario of totalitarian network control
I kinda disagree. Mesh networks have massive benefits, the biggest of which is not having to pay $50+ a month for internet at home, and another $30+ a month for a data plan on your mobile. They also should have less downtime, due to redundancy, and may be faster, since packets can be routed over more channels. The problem, or conundrum, with mesh is that they have a chicken-egg problem of what should come first. I would love to run a mesh, but my neighbors don't have it, so I would just be by myself. My neighbors would love to run a mesh, but I don't have it, so they would basically be running it by themselves. Thus, there is plenty of incentives to get a mesh set up, but no one wants to go first. There is also a possibly bigger issue of "I'm paying for my internet, why should I give it away for free?" which may be more difficult to overcome, though possible, if you agree to share resources among paying customers (My husband and I use different cell providers - t-mobile and at&t - which we individually pay for, but we mesh our phones together so that both of us always have a good signal, even when one provider has a crappy one). The only solution to this conundrum I've found is to piggy-back mesh on top of something else useful, like the bitcoincard. It's primarily a means of storing bitcoins and making payments where web may not be available, and mesh comes second, but thanks to that type of device, mesh may become prevalent without anyone even noticing or planning for it. Hopefully there may be other such devices, where mesh capability is secondary, and the primary use is more of a necessity. I guess lack of cheap, easy to deploy mesh devices may be another issue. I'd love to see something small and solar powered/charged (or induction charged that you can attach to a powerline carrying pole) that you could buy for $25. I'd fill my neighborhood with those first chance I get.
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Ooh, and another one! Dmitry,
Please meet my friend Edan-- he's on the board of a nonprofit called ByteBack that is dedicated to providing computer training to low income residents of Washington D.C. to improve their economic opportunities. Also cc'ed is ByteBack's development director, Cristina Moscoso.
Cristina,
My friend Dmitry runs a project called BitCoin100 that connects donors with charities that agree to accept BitCoins as a currency on their donations page. As an incentive, BitCoin100 donates $1,000 worth to the selected charity. Check out their site and let Dmitry know if you have any questions.
Good luck,
Frankie
I'll have to wait till I get home to review all of these. Bruno, since I know you're never busy with anything feel free to check these out and let me know what you think, too.
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Frankie, my MBA classmate who also somewhat got into Bitcoin, is the one who has been making contacts with charities recently, after we met at the Alumni gala this past Friday, and I told him about Bitcoin100. So far, these are the charities he has e-mailed. We need to figure out if we should pursue these to get them to accept bitcoin or not: Dmitry, Please meet my good friend Jessie Morey. She's the awesome director of a nonprofit that teaches meditation skills to teens to improve emotion-regulation and self-esteem, among other things. It's called Inward Bound Mindfulness Education. I told Jessie a bit about BitCoin100 and your work to connect donors and charities. She's quite tech-savvy -- she was one of the pioneers of wiki sites as a student at Dartmouth -- but IBME is not yet accepting BitCoins on its donations page. I'm sure she'll be interested in hearing your story. I know they can make a big difference with $1,000. Enthusiastically, Frankie Dmitry, Please meet my good friend Tami. She's the director of the North Carolina-based Abundance Foundation, a non-profit that focuses on hands-on sustainability education. They hold events to promote local foods, renewable fuels and sustainable agriculture, among other things. Tami is quite forward-thinking as far as tech goes-- she and her husband once ran a successful open source software company called Tarus. However, Abundance does not yet accept BitCoins as donations. Tami is awesome and I know she could do a lot of good with $1,000. Enthusiastically, Frankie Dmitry, Please meet my friend Amy. She's the founder of the Primate Education Network, a young nonprofit dedicated to supporting teachers to save endangered monkeys, apes, chimps and the like around the world. PEN creates classroom training tools and resources to increase compassion and protection for primates in their natural habitats. Amy has spent much of her career working in Africa with great apes (gorillas?) and did a stint at the National Zoo. She's awesome and I know $1,000 would make a big difference to her. Enthusiastically, Frankie Dmitry,
I contacted my friend Phil, the Executive Director of Greenpeace, about getting Greenpeace hooked up with BitCoin100. I worked for Phil in my first job out of college, back in 2001 when he had a small solar-focused startup called PowerShift. He suggested Gala Goodwin is the right person to connect with at Greenpeace. She's cc'ed.
Gala,
Nice to meet you! I'm not sure if Phil told you anything, but please meet my friend Dmitry. He's the founder of BitCoin100; we went to business school together. Dmitry's BitCoin100 project connects donors with charities who agree to accept BitCoins as a currency for donations; as incentive, BitCoin100 rewards them with $1,000 worth. I know Greenpeace could do some great work with that money.
Enthusiastically,
Frankie
Note, I did not expect this, though it's welcome. We'll have to decide on whether these qualify, and get some feedback from our donors to see if they have any objections (I suspect some might). Also, I corrected him in that Bruno is the founder, and I just sort of took over.
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A brain wallet is pretty much useless if the Blockchain is declared illegal information. That's even the most likely scenario of a goverment crackdown - CP links encoded into it ring a bell?
Blockchain stored in nations where it's not illegal, everyone else uses it the same way Bitcoin Wallet for Android does it, where it only requests balances and relevant info for the addresses it's keeping track of. No need to keep copies of the illegal information. Done. Besides, it would be pretty baseless to make something like an accounting ledger illegal.
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100 is binary for 4. So, maybe Bitcoin100 could be the Bitcoin 4: myself, Bruno, Edd, and Jason? Though we would have to not let anyone else join Just kidding.. Bitcoin100 didn't raise more than $10k. I think we raised something like $5k in donations. Maybe more, but not $10k. Bitcoin rise in value has just been very good to us. Personally, I wouldn't want to bother with the 501c status. On the one hand it *might* get us more donations from people wanting to donate for tax deduction purposes. On the other hand, that would mean more costs, more fees, more paperwork for donations and IRS filings, and I think generally goes against what I think is the spirit of Bitcoin and this group, which is that it transcends governments. People from all over the world are donating bitcoins. And we do our job without relying on any bank or official organization "allowing" us to send money to charities. Why should we limit ourselves to a specific country, and force all our records and filings into a specific currency? Plus, I would have to keep record of every Bitcoin we receive in it's USD price at the time we got it, in order to file proper tax revenue filings. Sure, it's also extra work I'd really rather not bog myself down with, especially since I don't think it's needed, but really, my main objection is the one above.
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Think New Age, oppose to Hippy. That said, how many times did Satoshi Nakamoto use the word "Karma"?
It's actually not new age at all. Think psychology and psychiatry, mixed with Spock from Star Trek. Not so much "Everybody feel good!" as "I understand myself, and i am in complete control." There's a new movement to apply things we have learned in psychology as a curriculum to teach kids things we pretty much always improvised through before. Such as to make sound decisions and control their emotions under stress, read and understand other's emotions and expressions to better communicate (or manipulate), manage your emotions or feelings so as not to feel depressed when you are fighting through difficulty, etc. I'm not entirely sure if that's what this charity promotes, but I think it's a very useful skill that will make kids who have gone through the program rather considerable opponents in business compared to those who go on their gut, and freak out in hysterics when things don't go right. Honestly, based on what they covered and taught in a part of that MBA class I took, that possible future generation somewhat scares and intimidates me
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I was contacted by a friend regarding this charity http://ibme.info/Here was the short pitch: Please meet my good friend Jessie Morey. She's the awesome director of a nonprofit that teaches meditation skills to teens to improve emotion-regulation and self-esteem, among other things. It's called Inward Bound Mindfulness Education.
It basically sounds like the new field of "mindfullness" education that is being discussed for use in schools, that teaches kids how to think, focus/concentrate, manage emotions, and understand others (this was briefly covered in my MBA curriculum, too btw). I would support it, since "learning how to manage your own thoughts and emotions" is a valued skill, but I'm concerned some here may associate this with "hippy stuff." Anyway, let me know what you guys thing, and whether we should pursue them to add Bitcoin as a donation option.
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Centralized as in someone has to make a decision on where that money should be donated to, and everyone else is forced to follow their decision. Nobody has the privkey for that address Sending to that address means destroying the coins. Are you going to force me to send to that address? What if I what to send my donation to some other address?
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Government = RIAA Bitcoin = Thepiratebay/BitTorrent
That's pretty much how it'll play out.
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From a marketing standpoint, I've been having a very difficult time redefining the 100 aspect of Bitcoin 100. At the onset, it made perfect sense, but no longer.
Can we brainstorm to the nth degree to come up with what the 100 could mean so that years down the road it wouldn't once again lose its meaning?
I've just been telling people that it's 100 people/members pledging to donate a combines $1,000. It's not 100 people any more, though... Actually, the 100 was more in reference to the donating 100BTC aspect regardless if there were 42 or 314 members. I thought it was "100 people donating 1 bitcoin each / 100 people donating 100 bitcoins total?"
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From a marketing standpoint, I've been having a very difficult time redefining the 100 aspect of Bitcoin 100. At the onset, it made perfect sense, but no longer.
Can we brainstorm to the nth degree to come up with what the 100 could mean so that years down the road it wouldn't once again lose its meaning?
I've just been telling people that it's 100 people/members pledging to donate a combines $1,000. It's not 100 people any more, though...
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