Great to hear.


That is an often overlooked step of setting up OTP.

I'ld be curious to know if being shown page 7 of the guide (which only requires ID for $900 or more) would cause them to make a phone call.  If the software is in error, they won't change it until it is easier for them to change it than to continuously have to field questions as to why they are requiring ID on transfers under $900.

I got there a few minutes late myself.  I was scanning the panel as I only recognized a couple faces.   Ends up FellowTraveler was up there I guess, I didn't even know it and missed the chance to meet him after.

The questions asked were the type of typical questions facing Bitcoin, economic (deflationary spiral), technical, practical (trade), etc.   The guests in attendance were libertarians and goldbugs.  @SilverVigilante pretty much had the best response basically by saying he supports bitcoin not just for its attributes (low cost transfer, non-reversible, etc.) but for what it is not -- it is not the Federal Reserve.  It is not the Goldman Sack nor it is the JP Morgue.   It is not helping to finance the wars.
  - https://twitter.com/silvervigilante

I seriously think the faster you get someone using bitcoins on a smartphone (e.g., playing bitZino, or a BitcoinSpinner wallet,) and a tiny sample of coins so they are using them, sending them back and forth you then get the message through ten times better than explaining the chicken and egg merchant / consumer catch-22.

Sure, print a paper bitcoin and then withdraw from Mt. Gox to that paper bitcoin's Bitcoin address.   Transfer that paper to whomever, and that person can redeem the paper bitcoin in Bitcoin-Qt (import private key, then do a sweep transaction) or redeem it in blockchain.info/wallet (again, sweep to a new address after importing it).

 - http://www.BitAddress.org

I've been reluctant to direct others to that video as well.   I just shrugged innocently when I was asked about that spiral mask thingy she wears.



That's bogus!

Here's what the AML Compliance Guide from Moneygram says:


So if your transfer was under $900, they weren't required by Moneygram to check your ID.

You might print out pages 1 and 7 of the guide to show them.  Maybe that will help the clerk "remember" instances where they don't need to collect ID.

 - http://www.moneygram.com/WCM/groups/mgicorp_content/documents/content/mgicorp_moneylegal_region1_209.pdf

Well, "or other instrument or order for the transmission or payment of money sold to one or more persons"

Can bitcoin transmit money? 

I don't think so, at least not in Arizona according to the definition you provided:

Canadian Bitcoins will cash out to Interac, but there are no exchanges that still accept Interac for the purchase of bitcoins.

If you have a good trust history on the #Bitcoin-otc Web of Trust (WoT) you might find a willing counterparty.

There might be no need to trade online if there is someone local:

 - http://www.LocalBitcoins.com

Or check the Canadian IRC for advice and/or a counterparty:

 - http://webchat.freenode.net/?channels=#bitcoin-cad

Provided is a link to the web interface to claim the funds.


That's still just U.S. and Canada for that SMS wallet?

Those may have been his intentions but then he claims to have received counsel advising him otherwise.

 - http://bitcoinmagazine.net/interview-with-glbses-nefario/

Return of BTC funds held by GLBSE have begun.

I think that's normally a focus and/or lighting problem.    Is the screen display opaque?   Perhaps try printing it out and scanning?

I believe you can upload the QR code here, to test and make sure the problem is not with the code itself.
 - http://www.onlinebarcodereader.com/
(Just don't use that code ...  treat it as having been compromised after.)

You aren't adding an address to the wallet though. 

- http://en.bitcoin.it/wiki/Accounts_explained#Accounts_and_Receiving_Addresses

So the problem is that the address doesn't exist in the wallet already, right?  The only way to add it is to import the private key (and rescan), and then it is no longer a watching only wallet.

You can roll your own monitoring for a list of bitcoin addresses from activity on the blockchain using Raw Transactions (new in the Bitcoin.org client v0.7).  Armory has the concept of a watching only wallet:

 - http://bitcoinarmory.com/index.php/using-offline-wallets-in-armory

Wow ... I had no idea there was so much crap that needed to be culled from the forum.  I'ld like to take this opportunity to express to the mods my gratitude for taking on this task!

Does the display show a reflection from overhead track lighting or some kind of problem like that?

Also which app are you using to do the scan? Barcode Scanner 4.3.1 from ZXing does a pretty good job even in low light or poor focus conditions.

 - http://betsofbitco.in/help

ASICs are tipping the playing field, as with GPUs most of the cost to mine, spent in a year, went to electricity.  With ASICs, most of the cost is in the hardware, with a fraction of that amount going to electricity.   But low cost electricity sure doesn't hurt!


Related:


GPU MINERS: What is your Electricity Cost?
 - http://bitcointalk.org/index.php?topic=115373.0


Your Electricity Cost per Kwh (Which country is the Most Expensive)
 - http://bitcointalk.org/index.php?topic=97239.0


How much do you pay for power?
 - http://bitcointalk.org/index.php?topic=64232.0

I'll be there today, at the 4pm Alternative Currencies talk.

I'll be there this afternoon, at least for the 4pm alternative currencies talk.

You missed responding with the most important piece of information.


Or better yet, what is the price you pay for electricity. 

In less than 50 days, most GPU miners will be losing money on each share, as the cost of electricity will exceed the value of the bitcoin returned (presuming the exchange rate then is not much different from today).  That is even without any ASIC shipment.  Add ASIC and that only exacerbates the GPU miner's woe.

So, unless you get free electricity, or really low (like you live near hydro or get it at $0.07 per kWh or less), then you probably shouldn't be considering adding GPU capacity unless you have another use for those GPUs (e.g., gaming).

It is easy for banks to mess with under-capitalized Bitcoin-related businesses which intersect with dollars.  They've been messing with exchanges beginning well before Mt. Gox made its case against its bank in a French court. Probably PayPal's freezing of Mt. Gox's PayPal account (in Oct 2010, back when Jed was the operator) was probably the first confrontation.  And the banks are now showing their teeth.   Metro Bank in the UK (Intersango), Barclays (Mt. Gox), Chase bank (re: BitFloor), Wells Fargo (re: BitFloor), BitPiggy's bank in Australia, ....  you name the exchange and there are stories of banking woe.  

Unfortunately, all the bank needs to do is push a button and the targeted exchange nearly gets put out of business as a result.  They don't need to break a sweat to deliver hurt, but that doesn't mean they aren't well aware of Bitcoin's potential to change the game.

But this angst about what the government will do, ... he's definitely over doing it.  When Phillip R. Zimmerman was creating PGP, he fielded the same question from the press and from colleagues asking him what he would do "when the government came after him" (as encryption software are munitions).  And what did he do?   Nothing.   Well, nothing as far as breaking the law.   He figured out how to distribute software in a legal way (in book form with scannable pages.).  He says the government never even contacted him.

Contrast that with:


And then proceeding to confront it head-on, in their space, before realizing that doing so has real consequence.

Either way, GLBSE is not Bitcoin and Bitcoin is not GLBSE.  GLBSE simply ended up not being able to figure out a sustainable path to run an equities market outside of regulation.   It was a startup that had a flawed model and closed.  Big deal, that happens every day.  It really has little to do with Bitcoin and Bitcoin doesn't need a GLBSE to thrive (or exist even) to become successful as a digital currency.


How many people leave the stadium in the middle of the second inning?

When in doubt, verify with Blockchain.info or BlockExplorer.com
 - http://www.Blockchain.info


The blockchain never lies.