I'm sure that as long as the Government gets its portion of taxes in USD and the employee agrees to it you might be able to make it work.
Of course the Feds might find any number of bullshit ways to get in your way, but those two requirements above are the only key things I can think of that you'd need to satisfy.
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Of course, but an authority on the industry should support that industry as a default and fiat should be the exception.
They instantly lose credibility!
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Why does Bitcoin Magazine sell its mags for USD as a default? I didn't even see a BTC option when trying to check out! https://bitcoinmagazine.com/magazine/product-category/print/Looks like a cool publication but not if it doesn't solely support the Bitcoin community. These mags shouldn't even be available with fiat!
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How much do you get paid off the referrals?
How did you get started with this?
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All alts except Litecoin and the almighty BTC are horrible...name one coin that has any staying power other than these two? "Doge community" consisting of adolescents or childish adults parroting idiotic catchphrases, then dumping their doge when it became apparent it was done.
It's a horrible coin and it wasn't even funny ..... ever.
Shit, sell that doge. Bury it, then get rid of the string of Xs.
Crypto has been utterly shit this last year.
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DO you work for the NSA or CIA? I think this is one of those government special ops guys a few have been warning us about...proceed with caution! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Just saw this. Interesting story, if unverified. Sounds to me like exactly the kind of thing that the U.S. government sometimes does when it doesn't like the message. Do some lookups on what they did to poor Oppenheimer when he became politically "inconvenient" and wouldn't shut up about what the nuclear bomb was doing to military strategies.
Hahaha, it's an interesting story if it's unverified? Meaning, if the OP made this shit up you'd find it interesting but you wouldn't find it interesting if it's a TRUE story?
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Why would he hide the research if he was paid to conduct it?
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So the going rate for the Series 2s is BTC2...good stuff, I see a lot of deals on the horizon if this remains the current bidding ceiling.
Cool idea bringing the charity element into it. Good work.
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These 2011 coins that have come up that look a bit worn, have a nice patina starting to build, are looking very attractive - almost more so than the pristine golden versions that have never had a breath of warm air on them since they left Mike's protective custody.
Good luck with the sale...these transactions are win-win. Seller gets paid, buyer gets a piece of history!
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This would work, it's just like signing over a check to a third party by endorsing it on the back and then handing it over to the third party. Nubbins, how did you extend the chain of custody on your coin?
Easy peasy. I take Mike's signed document, append text after his signature that identifies the new buyer, and sign the whole thing with my key. For sake of illustration, Mike's original document is in blue, and mine is in red. ---Begin PGP doc---- ---Begin PGP doc---
I, Mike Caldwell, sent coins a,b,c to nubbins, and his PGP fingerprint is ABCD EFGH.
See attached document scanned-coins.pdf with MD5 checksum blahblah
- ---Begin PGP sig--- 234C%#@4fv524 <---PGP signature for Mike's key - ---End PGP sig---I, nubbins, sent coin b to zipmaster, and his PGP fingerprint is IJKL MNOP.
---Begin PGP sig--- @%$Y#H/Rgef4e <---PGP signature for my key (ABCD EFGH) ---End PGP sig---Then I just take this block of text and scanned-coins.pdf and send them along to the new owner.
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You don't want this guy on your team. Nut job
As long as his political and conspiracy beliefs aren't applied to Bitcoin. Image is big for Bitcoin right now, it needs to be seen for what it is, a revolutionary alternative.
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The phrase is "none the wiser" not "non the wiser". if the government and central banks wanted to create bitcoin. they could have created it.
meaning they could have coded it behind closed doors, premined it. and the swapped their current database account system with nodes and simply accredited each account holder with a privkey that was made from their bank details and a secret seed. and fill that public address with "dollarcoin".
we would have been non the wiser of this new banking system because to us all we see is a paper bank statement and or a balance on a website or ATM screen.
the general public would have been non the wiser of what actual code makes up the bank system. we would have been non the wiser thatif banks used crypto currency as their ledger, that the data on the 'chip and pin' cards was simply a privkey and not standard bank account numbers
so if government and central banks made bitcoin, then government and banks would be using ... well an altcoin.. as their bases of accounting the ledger of account holders, as its alot easier and more secure with no single point of failure compared to the banks standard systems of this last decade.
but im afraid to tell you that governments and banks are NOT using a crypto currency based ledger system,
put it another way. sat nav was not invented by the public, it was invented by the government, and they utilized it first in secret, they made it part of their world as they seen it was better then compasses/maps/sonar. it wasnt until years later that it was released to the public and commercialized.
so going back to bitcoin. if the government made it thy would be the first to use it to standardize and secure banks and then release it out to the world later.
so please will the OP and everyone else with a conspiracy theory branded tin foil hat. please stop making up stories about something that is soooooooo open and soo transparent.. as being made by secret agencies,
your theories would hold weight if you could show evidence, but just reading your crap theories i can tell that you have not even bothered to read the white paper, or read the code or read any of the open communications of the last 5 years between developers. you have no clue at all. i bet you have not read more then 2 messages posted on this forum by satoshi (although there are hundreds more. )
so before you make another crack pot theory, atleast do some research and provide links, atleast make the crack pot theory entertaining with an image.. just do something other than make crack pot theories.
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If the US Government came out and said they started Bitcoin, why would anyone revolt?
Why would people think it's socialist?
It might give the US Government some improved "street cred", haha, or at least some people may increase their respect for the project. Others of course, would sell their Bitcoin not wanting to participate in yet another pet project of a major government.
I'm sure there's 20 other responses people would have - but why revolt and claims of socialism? Bitcoin isn't socialist in any way...
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Sounds great, one more question - what's one full Bitcoin node? That's a copy of Bitcoin-Qt or bitcoind (better). Those clients work by downloading and verifying the entire blockchain, which is approaching 20 GB last time I checked. Getting a full node running from scratch means a day or two of investment, and that's if you speed it up by using Bittorrent to grab a blockchain snapshot first. So for a user/BTC owner that doesn't have that kind of technical knowledge is Armory no longer an option?
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Offline paper wallets - spread across 15 to 20 addresses at least Decentralisation is your friend, use it
If you keep all of those 15-20 paper wallets in the same location, on the same USB, in the same safe, etc, you end up in the same position with with all of your wealth in one location. Are you keeping your 15-20 paper wallets hidden in as many different locations (times how ever many backups you have?)
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Sounds great, one more question - what's one full Bitcoin node? I haven't seen that yet on the forum. Thanks. Armory.
Just use Armory? Is there any other component or how do you use Armory? I'm not entirely familiar with using it so maybe I'm missing something obvious. Armory generates addresses deterministically, so you only need to make one backup that's valid forever. Armory has a very nice GUI that walks you through offline transaction signing, the best form of cold storage (better than paper wallets, by far). When you create paper backups of your wallet (remember, this backup covers every address the wallet will ever generate), you can split the backup into m-of-n copies for any amount of redundancy/security you want. All the other options mentioned in this thread are a joke in comparison. The one downside Armory might have is the requirement to run a full Bitcoin node on the online machine, but if you've got >100 BTC to store then presumably you can afford a real computer so that wouldn't be a problem.
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100 bitcoins is a lot. I only wish I had that many myself to be honest that would be quite impressive.
In answer to your question if I had 100 bitcoins I would definitely choose to store them in an offline cold wallet and store around 10 bitcoins in one wallet before opening another wallet to do the same as previous.
It's only impressive if someone bought them this year. If someone bought 100 coins when the price was less than $100 each, we're only talking about a couple thousand dollars of initial investment.
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Armory.
Just use Armory? Is there any other component or how do you use Armory? I'm not entirely familiar with using it so maybe I'm missing something obvious.
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every 5 or 10BTC ... use a new wallet. i do this.
when you pay ... seller don't know if you have more than 5 or 10 BTC.
Where do you store the 10 to 20 public/private keys? The security comes in part from spreading the balance out over multiple wallets but more so in how you protect the access to each wallet.
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