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We won't stay in this zone for long. Barring a large dump and recovery to 555, we will see the magical 666 soon. Not because it is popular with stoners, but because it fits the Rule of Thirds in both the 100s range and the 1000s range as well as being a lucky number.
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Gift cards are used for small transactions and they have high fees. They are not practical for something as ambitious as Silk Road. It's also suspicious if someone drops a briefcase full of cards at the customer service desk at Walmart every week.
Small transactions? Is $2000 small to you? High fees? Is FREE, high to you? http://www.amazon.com/gift-cards/b?ie=UTF8&node=22381920112 grand won't even top off my G-6 yo. Yeah, because >2 internet drug dealers have time to be flying a government registered and inspected plane around. You're getting into thou dost protesth too much territory with your support of prohibition, which only massively benefits drug dealers. My stealth flying batmobile is in the shop. |
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Bitcoin is already anonymous if you are very very careful. All I'm saying is that it shouldn't be so anonymous that any street thug can use it do their thing.
Which is it gonna be then ? Its anonymous - or it isn't. You can't be a little bit pregnant - even if you were "very very careful" Yes you can be a "little bit pregnant" if you have a non-viable fetus. Don't use false dichotomies against a positivist. We have more shades of grey than than an E. L. James novel. Gift cards are used for small transactions and they have high fees. They are not practical for something as ambitious as Silk Road. It's also suspicious if someone drops a briefcase full of cards at the customer service desk at Walmart every week.
Small transactions? Is $2000 small to you? High fees? Is FREE, high to you? http://www.amazon.com/gift-cards/b?ie=UTF8&node=22381920112 grand won't even top off my G-6 yo. |
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Anonymous cards and irc drug "stores" were invented long before silkroad...
Gift cards are used for small transactions and they have high fees. They are not practical for something as ambitious as Silk Road. It's also suspicious if someone drops a briefcase full of cards at the customer service desk at Walmart every week. |
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So suggesting zero anonymity and continuous surveillance is not just dangerously dumb but mostly useless. If OP want such goodies then he should move to North Korea  . I did not suggest anything about continuous surveillance. In fact, I highly recommend using gold for transactions. That is not anonymous, but it is good enough for you to sell your kiddie porn. But there was a snake in the garden. Silk Road created a black market that allowed criminals to become parasites to the Bitcoin development community. The bad press and negative impact of this crime wave hindered Bitcoin adoption. It wan't until Silk Road was closed down that Bitcoin adoption began to take hold and investment grew. This is a great example of how disconnected some people are from reality. Silkroad and darknet are a natural reaction to malicious laws and are a net benefit for humanity (and bitcoin adoption). Silk Road was not possible until an anonymous internet money was invented, not as a sociological reaction. It was an opportunist exploiting an technology for which it was not intended. Your characterization of laws as "malicious" belies your ulterior motives as an anarchist. Using randomly created addresses was not the original intent of Hashcash and Bitcoin. It was intended to use email addresses. That would have avoided the anonymity problem. I'm not making a black and white, good vs. evil argument here. Bitcoin is already anonymous if you are very very careful. All I'm saying is that it shouldn't be so anonymous that any street thug can use it do their thing. I know I won't stop the Secret Squirrel Brigade from doing what they do either. All I'm saying is that this is why we can't have nice things. |
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I recall when bittorrent came out people wanted to destroy it because some pedophiles could use it for kiddie porn.
And yet it continues on.
It has created a framework for many technologies that promote freedom including Bitcoin.
To have killed it back then just because of the few people that are already subject to laws using it would have been a big mistake.
Fortunately you can still catch the kiddie porn folks through their payment systems. Err wait. That was the point of the OP. |
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bag holders!
gather around fellow bag holders;
no selling no dropping the bag, no matter how low or how high, we hold every single bit inside those bags tightly and securely, that is bag holder law! and by bag holder law we will hold and grow our bags, and all will know that our bags are not for sale!
a new age has began
an age of virtual wallets filled with bits
but these wallets are not filled with our bits, oh no
we hold our bits... we hold our bits in a mother fucking BAG!
you make sure to hold to your bag forever, I am selling at some point (soon-ish) No worries, someone will be smart enough to buy your bag from you. |
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bag holders!
gather around fellow bag holders;
no selling no dropping the bag, no matter how low or how high, we hold every single bit inside those bags tightly and securely, that is bag holder law! and by bag holder law we will hold and grow our bags, and all will know that our bags are not for sale!
a new age has began
an age of virtual wallets filled with bits
but these wallets are not filled with our bits, oh no
we hold our bits... we hold our bits in a mother fucking BAG!
we hold our bits... we hold our bits in a mother fucking BAG! |
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Finally, someone who almost gets it. Forgive the hyperbole about VT. TRANSPARENCY is Bitcoin's greatest gift. The BLOCKCHAIN will give us FREEDOM! Let's just forget about the Dirty Deeds Done Dirt Cheap rhetoric from the Secret Squirrel Brigade. 'Mkay?
Do you consider Satoshi Nakamoto to be part of this "Secret Squirrel Brigade"? Satoshi Nakamoto did not place anonymity as a priority with Bitcoin, nor do most core devs. The Secret Squirrel Brigade are the group of coders that want to bend Bitcoin to fit their ideology that freedom==chaos. |
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I had to stop reading due to uncontrollable thermonuclear explosions of laughter when I hit this trigger point...
(clipped ... stuff about the sanest president in US history Jimmy Carter)
They make medication to stop that from happening. |
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Are you ready to have school buses bombed for ransom? Dark cryptocurrencies would make this so easy any Virginia Tech freshman could do it.
Eliminating dark cryptocurrencies doesn't solve the problem of the Virginia Tech freshman. I'm all for a more transparent world where dark cryptocurrencies aren't needed. But as long as we have oppressive governments that are trying to spy on their citizens with Orwellian surveillance networks then there will be a supply. The only reason there is supply is because there is demand. Eliminate the demand and there will be no supply. Finally, someone who almost gets it. Forgive the hyperbole about VT. TRANSPARENCY is Bitcoin's greatest gift. The BLOCKCHAIN will give us FREEDOM! Let's just forget about the Dirty Deeds Done Dirt Cheap rhetoric from the Secret Squirrel Brigade. 'Mkay? Your Orwellian gubbermit got that way because they can print money. We can stop that without making money anonymous, just make it finite. |
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i missed the whole HODL explanation...
can u fill me in
HODL == Lemmings having fun mindlessly following other lemmings. Cattle blindly moooo...ing the exact same way the other cattle moo. The etymology derived from:  At some point the word HOLD was mistyped as HODL. It stuck. It also sounds a little like HODOR. |
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Are you ready to have school buses bombed for ransom? Dark cryptocurrencies would make this so easy any Virginia Tech freshman could do it.
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Are you ready to be personally extorted by anonymous bomb threats for anonymous payments in what you consider civilized society?
That has absolutely nothing to do with cryptos. It has everything to do with them. There is no other way to do it risk free without cryptos. |
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Get ready for a shakeout to 555.
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Are you ready to be personally extorted by anonymous bomb threats for anonymous payments in what you consider civilized society?
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567.8 schlemiel schlimazel hasenpfeffer incorporated
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But there was a snake in the garden. Silk Road created a black market that allowed criminals to become parasites to the Bitcoin development community. The bad press and negative impact of this crime wave hindered Bitcoin adoption. It wan't until Silk Road was closed down that Bitcoin adoption began to take hold and investment grew.
You are so close-minded. Black markets are the best thing that happened recently, thanks to crypto. Anyways, did you know there are already at least 2 markets that are bigger than SR1? Relation to SR1 closing is complete bullshit, black markets are stronger than ever. Freedom, bud. QFT. Black markets and vices like gambling and alcohol are socially unpalatable but necessary parts of a robust economy. It is naive to think otherwise. Prisons are one of the fastest growing industries in America. They are filled with folks that think like you. Be proud to be in the company of so many open minded people. I'm sure SR2 will join them as well. |
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I placed this in Politics and Society because I know most of the real idiots don't sub this board. I enjoyed the discussion. It will be interesting to see if society at large tolerates lawlessness created by this technology or bans it and imprisons its developers. They started a war with Iraq under the pretense that they had aluminum tubes. It doesn't take much to bring down the holy ban hammer.
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