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Danger zone was also at 9, 10, 11, 12, 13.
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Hi mom!  100 here we come! |
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It's probably multisig. Gavin seems to view multisig as a security feature to protect against hacks. Fewer hacks means less bad press and more consistent growth in adoption.
The single largest problem I see for any reasonable corporation to not adopt Bitcoin is the lack of corporate governance when it comes to private keys and the segregation of duties. There must be proper corporate governance and segregation of duties or the board of directors or management will be liable for breach of fiduciary duty. They will not allow Bitcoin to be accepted if it is going to result in a breach of fiduciary duty. Multi-sig could be implemented in such a way that this hindrance would be completely eliminated. If Bitcoin can have proper corporate governance and segregation of duty abilities then corporations can adopt it. If corporations can adopt and use Bitcoin then larger capital flows will happen. If larger capital flows happen then there will be greater stability in the price. In the meantime you can use Armory to separate private and public keys. Armory allows watch-only wallets where transactions can be logged, but not signed until it is signed on the full-wallet. This allows, for example, you to hire people to process bitcoin transactions without access to the full wallet. Multisig is waaaaay better though. |
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Satoshi will be revealed in September.
Sike.
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This year everyone realizes that hacking and theft only happens when precautions aren't taken. Plus, paper wallets are easy to print, people realize to keep their bitcoins in "cold storage", and the occasional thefts don't even register as blips on the news anymore.
This is a major problem. We need to lobby for legislation forming a Bitcoin oversight board and to protect people we need to form an FDIC for bitcoin owners so that moral hazard develops and increases inefficiency. All in the name of make work to create jobs. coinbase is working on insuring bitcoin deposits at their site. |
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Mt. Gox,
Do you think you can expose an API to allow third parties to determine if a Mt. Gox user is verified? (With the user permission, of course). Also, it would be great if one could tell where that verified user is from.
Why is this needed? Well, it is illegal for U.S. citizens to gamble. If an API was exposed to see what country the bitcoins came from then more gambling sites could be created without fear of breaking U.S. laws.
Also, a user does not want to verify and re-verify all the time. It is a time consuming process. Since Mt. Gox already has this information then it would be easier to verify a user.
You could even charge for this service, and I think people would pay.
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You can vote 4 times. Go!
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there are some strong hands holding onto BTC and the reward for mining has not even cut in half
Wonder how many people read my 9 June 2012 post before all this got started. You also warned us not to pay too much for bitcoins. You being a lawyer I can understand why you would say too opposite views in a subtle way such that you cant be wrong.  |
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If I run OT what is the best way to profit from it?
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BitInstant,
Suppose the account owner does not agree. What will you do in such a case?
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I like the way you think.
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I remember when Phinnaeus Gage was investigating who Tom Williams was. That was a conspiracy theory and because of that I have no reason to give trust in this new conspiracy theory. Sorry, PG.
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Web wallets, mt. gox, etc. don't connect to the network. More people are using those.
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I would also recommend maybe the Far East Movement to do a hip hop song on bitcoin.
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you're right of course, but there is some undeniable solidarity between black people in the united states. i've noticed the same in the UK. that's what i'm talking about.
i made some suggestions, but it isn't my industry. getting it into the hands of a prominent rapper would go miles, and i believe my suggestion of someone like snoop dogg would be very very effective.
Certainly there are East Coast Rappers vs West Coast Rappers culture. Excellent choice in picking Snoop Lion as he represents the superior artistic group. http://www.foxnews.com/entertainment/2012/08/02/snoop-dogg-is-now-snoop-lion-lamest-celebrity-nickname/ |
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try again folks. i am black. i used a provocative subject line and there is indeed 'racism' here, but it's nothing that you aren't aware of already. do black people identify with their own subculture, the borders defined by them largely by skin color? absolutely. i don't agree that this is somehow a good direction for humanity, but i never said anything about dumber/slower, either... that you came up with THAT is 'racist'.
Black people have the same subculture? Again, even though you are black, you are associating skin color with having the same subculture. But, at least you admit it there was some racism which is a step in the right direction. I am curious, though. How would you, as a black person, promote bitcoin to black people? |
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OP made a racist post. It's one thing to say we should promote bitcoin in other countries. It's another to relate it to skin color.
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