Since addresses are generated from a single seed, you technically still have all the private keys for it. I guess you just won,t know what the balance on them is. Maybe it would be good to "lock" some addresses in place to continue using them, instead of moving them into the "Archive" section.


I was suggesting using https://en.bitcoin.it/wiki/BIP_0032
What back up problem will that cause?

Perhaps just make older addresses inaccessible? Show only the most recent address that has coins, when you spend it, create a new address for change, sweep from old address, and hide old address to prevent it from being used. That way you'll only be interested in the last address, and can ignore the rest. And since it's deterministic, you only need to back up the initial seed. If you stick with the deterministic address standard being developed, if someone wants to clean out their old addresses, you would only either have to create a separate tool to scan/sweep the seed addresses, or even just use someone else's tool, which I'm sure will be developed once deterministic addresses become more popular.

Thanks! And nah, I'm a computer nerd through and through. I am very much uncool 

Really the only reply ever needed to these kinds of statements is, "Don't let the door hit you on your way out."

After all this madness is done with, will you guys be able to add a deterministic key feature to allow for a new Bitcoin address for every change transaction?

Yes for me too.

Sorry, but everything you said applies equally to US dollars. The issue here is not with bitcoins, it is with trusting someone else to store your money. Keep your bitcoins on your own wallets, and you'll be fine.

That's a pretty serious issue, which I thought was only a concern with quantum computing. Or is this still the extension of the bad random generator issue, in which case using something like bitaddress.org solves it. Do you have any more info about that?

EDIT: Found it https://bitcointalk.org/index.php?topic=271486.0 Quite disturbing

Sorry about that. The person managing communications for this conference kept starting threads with dates before we even had a venue pinned down, so the dates kept changing as we kept negotiating the where and when, and then he got banned from the forum for arguing with a mod... Of something... So the most we could do is ask those threads to be locked. I don't think he'll be doing any more communications for this any time soon

I think Mycelium is already functional enough to avoid this issue: Go to https://www.bitaddress.org, generate a key, print a backup, scan it into mycelium, and stash the backup safe somewhere. Of course any fixes will also help a lot. Thanks guys!

What? Why? 

I feel stupid, because I forgot that the magical place called USA only came into existence because batshit crazy folk started shooting their tax men.

Lots of people have. Check this thread https://bitcointalk.org/index.php?topic=179135.0

Any chance most of this can be done, or workable, by the end of September? I'd be nice to have a public demo of the system at the Amsterdam conference, since it would give Chris a chance to actually explain the system and answer questions for those still having trouble wrapping their heads around this thing. Also, deadlines are good

Thanks. Evasion suggests avoiding paying taxes (as per definition of evasion), so it doesn't sound that different from failing to pay taxes because you don't want to, e.i. avoiding it. I think tax evasion should be renamed tax fraud (i.e. lying), but I guess they'll call it whatever they want.

Huh... and here I thought it was because the folks who live there are not at war with their government. Silly me.

What's the difference between tax evasion and failure to pay taxes?

Only reason I know about this is because of a new report about how some guy living on some compound is refusing to pay taxes, but the only reason the police is not going in there guns blazing is because he and his family/friends are well armed, and they don't leave the compound, being mostly self-sufficient. So the police just figure it's better to leave them alone.

All you guys completely forgot one extremely important point: military stuff costs a shitton of money.

Even if it's just one guy who is able to operate a drone or a war machine, that drone/machine and the muscles and amp they fire cost a lot. That money has to come from somewhere.

A war requires the following cycle:

People have money > Government collects money through taxes > Money is given to soldiers and manufacturers of weapons/ammo > Repeat

If the government collecting money step is broken because people have small arms and shoot money collectors, the military will only be able to wage a war of vastly superior fire power until they run out of missiles and money to pay their soldiers. And no amount of tanks, drones, or nukes will be able to extract or create the wealth to fund them. All those things can do is destroy.

Don't forget, companies and corporations, especially big ones (and even "evil" ones like WalMart) donate millions to charities every year, even if they are not required to, and even if it goes against their corporate requirement to maximize profit (where charitable giving lowers it instead). It's also a good way to get good publicity, "manage your brand,"and get "free" advertising in newspapers.