Wouldn't surprise me if most exchanges were at this. I would be surprised if some exchange wasn't like this.
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Do you notice how in the article the 13 Terrorist European Bloodlines of the Devil worshipers cult Illuminati labeled him as "Teenage Hacker" and not as "Teenage Web Developer" ?
I'd rather be called a hacker than a boring developer, personally...
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If you go to a bank to exchange Euros for US Dollars and then go to a crack dealer to buy drugs does the bank get arrested for providing you the currency to do so?
That's not the same situation...
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Charlie was connected to Silk Road. It doesn't matter when. Bitcoin is not on trial here, he is.
But you forum philosophers will find every reason to bark at the man...
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They said scam. What is the scam? See Charlie is a businessman first probably saw this as a great opportunity and now it bite him in the ass.
I feeling this will just make him hungrier when he gets out.
Did they say they got is bitcoins I doubt they did, I pretty sure he had high security.
STAY STRONG CHARLIE
I would like to nominate Charlie for the ambassador of Bitcoin when get gets out.
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Vice chairman of the Bitcoin Foundation involved in money laundering?? lol
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I would except bitcoins if they were stolen, Theres no way to find the owner right?
You can trace them though the blockchain. If somebody gets hacked and all their coins go to your address they'll know about it. Nah man, you can't prove ownership through blockchain.
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I could see how one would interpret your ad as an adult content ad.
If you leave room for different interpretation, it could mean anything...
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Bitcoin cannot be stolen.
But yes, I would accept Bitcoins that someone unexpectedly lost control of.
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Wow, that's pretty catastrophic. What's next, 1+1 = 3?
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The only thing that matters, the only thing that can be stolen, is the private key.
True although proving that a private key was stolen could be hard. There is never 100% certainty.
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Ok, lets make this more interesting. Forget about the private keys.
Who owns a specific public key, from a legal point of view?
The public key is just a point on a curve with no usefullness or value without the private key. Who owns the number 1234567? Or better yet who owns the point on the unit circle at x=1, y=0? I own the point (1, 0) on the unit circle. If I can move the contents of (1, 0) to another point, I'm 100% within my rights to do so, true? Bitcoins cannot be "stolen".
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Ok, lets make this more interesting. Forget about the private keys.
Who owns a specific public key, from a legal point of view?
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Bitcoins are not tied to a physical identity (be it a person or hardware) but instead to an electronic address. Who owns a bitcoin address (or public key)?
If Bob knows the private key to access the coins at some address and Alice knows the private key to access the same coins, whose coins are they?
Are your coins my coins and my coins your coins?
How does one prove ownership of Bitcoin? If you and someone else both know the private key of some address, you can't prove ownership. Not with mathematics, for sure. How else?
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Gambling is always a gamble.
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Want to add human energy into the equation? Make the user click or type continuously.
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Our kids will want Bitcoin and laugh at currency.
They will laugh at how stupid we were before Bitcoin.
Better don't tell your kids that Bitcoin was intended to be a currency. Because they'll at it, too.
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Given a 100 year view is almost mathematically certain that (a) INR will not exist, and that (b) Bitcoin will exist in some form (although likely there will be lots of competition). The fact is almost no gov controlled currency has survived for more than 150 years or so....all gov currencies eventually disappear. Secondly, in essence Bitcoin is just math - specifically large prime number factorization. It also happens to be quantum resistant thanks to its use of Elliptical Curve....Further its not a product or a company...as long as 2 people exist that agree to use the protocol then its still has value.
Assuming that the current encryption scheme will last another 100 years is pretty bold. Quantum computing itself may become obsolete in 100 years.
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Bitcoin is currency. Bitcoin will eliminate all currency. -> Bitcoin will eliminate itself.
OP think before you post..
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any ideas on how to make it happen more?
Tell your law makers you want the ability to pay business taxes in Bitcoin.
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