Not necessarily - maybe they just want to liquidate their position...  I think the reason banks are starting to talk about Bitcoin is that they are afraid of it. They are afraid that Bitcoin could push them out of business or at least destroy their main sources of income. [snip] You have just stated that counterfeiting is one of the main sources of income for banks. After all, this is the only thing you can't do with bitcoin which you could do before. |
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Why would you use some " wallet " ? You only want to store a private key!!!
For cold storage, you don't need a "wallet", you need paper or a usb key or something like that.
Perhaps the question should be what wallet do you use for importing a cold storage private key for signing transactions offline?
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A multi-signature address is a special address in which you need 2 out of 3 priv keys before you can create a transaction with that address. With that said, any user who has control of a single key wouldn't be able to spend the balance on that certain address--that user needs another private keys to create a transaction. A multi-signature address is a safe way of keeping your balance. Just make sure that the private keys are separated so in case an attack occurs, you are able to still keep those precious btc's intact if ever the attacker only acquired one out of three keys.
So what I said is true about the Hardware wallets ? I gave an example with "Case" Hardware wallet and Iquoted since they control one key . and they got hacked and all private keys gets removed from their Database or wherever they store the private keys on their server .. does that means that we will lose our funds forever ? since they can't get our funds without us and we can't get our funds with them . Multi signature isn't really safe as I thought then ... You misplace the blame. It's not that "multisignature isn' t safe" it's that "giving your keys to an untrusted person" is unsafe. Doesn't matter if they are straight up 1 of 1 keys or multisig m of n keys. If you give some person or company control of your asset, you have given some person or company control of your asset. |
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It is so perplexing to me that people keep saying "we don't see Bitcoin's killer app yet." This is such a ridiculous statement.
Bitcoin's first killer app is money.
How many new ideas go from a market cap of zero to $4 B in 6 years?!?! Answer: extremely few. If Bitcoin were a startup itself, it would already be well beyond "Unicorn" status.
Of course, the additional applications of Bitcoin and the Blockchain are endless, but it's first killer app is clearly already here, and 4,000,000,000 cash US dollars agree with that.
^^^ This pliv84, supposed newbie, has it. Keep an eye on pliv84 You put it better than I did: http://frass.woodcoin.org/bitcoins-killer-app/ |
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Just another unique service on the Bitcoin world  This week, BitPervy, an adult entertainment site, which enables users to share porn for digital currency had its soft launch for users to test out its bitcoin revenue sharing system. BitPervy founder explained in a Reddit thread: “Currently revenues are split 50/50 between members and the site, but if you own 5% of the shares then you earn 5% of the portion of revenues distributed to members.”
More informations on this Article on CoinTelegraph : http://cointelegraph.com/news/114931/bitpervy-share-porn-and-earn-bitcoinWhat are your thoughts on this matter guys ? I personally kinda against this idea because it just make bitcoin looks bad when you are using it just for Darkweb & Porn ... so yeah What do they mean with "sharing porn"? Do you have to share original content (recording your own porn)? Because otherwise, how is it legal to share porn? That's basically pirating other people's work. I can't help but notice that your message is made with Roman characters, which took a lot of hard work to create and popularize. Did you pay the royalties? How about the "qwerty" design you used, what do you think that kind of hard work comes free? Boys, grab him. Off to Gitmo with him. |
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The world economy is intertwined, the US economy is dependent on the world economy and vice versa. Naturally the world economy would suffer greatly if the US economy failed, but it would eventually recover and other economies would fill the vacuum.
What to you mean by "the economy failed"? If a significant fraction of the population is forced to work for fiat currency does that count as a failed economy? |
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Meh, this bores me to be honest. Everybody fucks, what of it?
This isn't about having sex. This is about going through the act of marriage, pledging oneself to be faithful and then cheating instead of being honest, communicating, going through with a promise to be faithful, or asking for a divorce first. If this was about a company that was for flings without the marriage, you'd have a point, but you missed the point of this thread... Again, I'm not surprised in the long run at all this unfaithfulness, but I cannot understand why anyone would want to marry someone and then cheat on them, especially on this large of a scale. Why go through with the act of marriage? I would have thought you'd be on my side on this, Beliathon. These people should not have gotten married to begin with if they couldn't be faithful. Wai wut? "Asking for a divorce first".. as in before what? Before telling your wife you get 50% of earnings from all tricks earned at home? Before visiting some dumb-ass site like Ashley Madison or Facebook? Before having a conversation about who you will invite home and get naked with and during what hours? Good question about why going through with "marriage". Of course to answer it properly one would have to define it, and that seems hard as everyone has their own ideas. Generally speaking however, I have seen that most people have roughly the following priorities for why to do it: 1) To justify expense of a large party and travel / visiting by friends and family 2) To placate the nazis, as in to enable procurement of nazi papers such as passport / residential permit / etc 3) To "show face" in the Chinese sense, that is to put on airs of traditional normalcy 4) as financial / political arrangement That's all I can come up with. Anything else? |
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You want SureSpot. End to end encryption, full deletion permissions, and open source. https://www.surespot.me/It's free, but the author has a bitcoin address in the app for tipping! Let me get this straight. This app is designed to run only on fully compromised (back doored) devices right? Lets move past that for a second and assume we don't care about those players who have that access, and are just trying to fend off script kiddies and low level advertisers / spamz0rs. Now, where is my private key stored? How do I verify that I have the public key of your private key, in other words how do we know there is no MIM going on? Is a key fingerprint easily available? |
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Critics Lash Out At Chinese Scientists Who Edited DNA In Human Embryos
"The social dangers of creating genetically modified human beings cannot be overstated."
LOL, she just overstated them!! Social dangers?? wtf is she on about? |
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So why do we immediately disbelieve these claims?
First there is the publication style, making it seem like written-for-idiots clickbait.
Second, we have been through this with PCR and 30 years of basically the same claims. Effectively these techniques have as their only successes those modifications of genomes that made plants less productive, e.g. either needing more chemicals or needing purchasing seeds, because that means you could charge the farmers more.
None of all this tech has been able to reproduce anything like the feats of e.g. the ancient american agricultural scientists.
I like to keep an open mind so I'm not going to fully discount crispr. However it's totally clear nothing useful will come from this while the research is paid for in fiat.
Britain becomes first nation to legalise three-parent babiesBritain will become the first nation to legalise a "three-parent" IVF technique which doctors say can prevent some inherited incurable diseases but which critics fear will effectively lead to "designer babies". After more than three hours of debate, lawmakers in parliament's upper house voted on Tuesday for a change in the law to allow the treatments, echoing a positive vote in the lower house earlier this month. The treatment, called mitochondrial transfer, is known as "three-parent" in vitro fertilisation (IVF) because the babies, born from genetically modified embryos, would have DNA from a mother, a father and from a female donor. Although the techniques are still at the research stage in laboratories in Britain and the United States, experts say that now legal hurdles have been overcome, Britain's first 3-parent baby could be born as early as 2016. Mitochondrial transfer involves intervening in the fertilisation process to remove faulty mitochondrial DNA, which can cause inherited conditions such as heart problems, liver failure, brain disorders, blindness and muscular dystrophy. http://www.cnbc.com/2015/02/25/britain-becomes-first-nation-to-legalise-three-parent-babies.htmlNice parlor trick. Of course anyone with half a brain knows that "designer babies" are produced by -actually taking part in their development as living beings-. Anyway, legal hurdles? lmao. |
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GPG/PGP is the standard solution.
"Messengers" are underlying transport protocols. What keeps something secure is the next layer on top. A quick check is to say "did a company produce this?" If the answer is yes, than you aren' t using a secure protocol.
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What don't we know about the Chinese economy?
What are things which the general public doesn't know about the Chinese economy?
Mostly, everything. I see so much written about China and my experience in travels there has shown me most all of it is false. |
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Can economies grow ad infinitum?
Is it realistic to accept the premise that national economies should continue growing forever?
If not, then is it right that growth appears to be the primary measure by which we judge an economy's health?
Of course they can. All it takes is for your unit of measurement to shrink ad infinitum. |
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So why do we immediately disbelieve these claims?
First there is the publication style, making it seem like written-for-idiots clickbait.
Second, we have been through this with PCR and 30 years of basically the same claims. Effectively these techniques have as their only successes those modifications of genomes that made plants less productive, e.g. either needing more chemicals or needing purchasing seeds, because that means you could charge the farmers more.
None of all this tech has been able to reproduce anything like the feats of e.g. the ancient american agricultural scientists.
I like to keep an open mind so I'm not going to fully discount crispr. However it's totally clear nothing useful will come from this while the research is paid for in fiat.
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Matrix-like scientist says we may be living in a NASA digital imprisonment.
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If anyone wants to run a client that caps supply at 42 coins, Can you show me your calculations? I got. 0.000042 * (990382 - 424)=41.578236 # 424 special blocks 0.0000001 * (419 - 1)=0.0000418 # 1 special block under 419 0.42 * 1 =0.42 # premine 0.00042 * 5=0.0021 total = 42.0003778 8 blocks + 0.0000418 to much Ooh, someone cares enough to check! This is progress. Is there anyone else? Your math looks correct on first inspection.. so.. Where is the missing 37780 42 satoshi? 0.00042 * 5=0.0021 <-- that 5 should be a 4, only 4 special blocks because you counted genesis (premine) separate? Admittedly the one line patch I submitted still leaves us a few thousand satoshi short of our target: 4.2 billion 42 satoshi. Anybody feel like making block 990382 another special block to recover that exact change? Or is that little 42 dust a good gift to the gods? If so, what is the exact quantity? Did I mention I love altcoins?  Cheers -- funkenstein the dwarf |
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Almost there y'all!! Less than a week to go!  Current monetary base, 41.5 coins outstanding. If anyone wants to run a client that caps supply at 42 coins, I added the necessary 4 lines of code here. https://github.com/fourtytwo42/42/pull/5It only takes a single miner to keep either of these two forks alive. It will be interesting to see where y'all go with it. |
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"Novus We Seclorum" <-- should be "Novus Ordo Seclorum"
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Nice find Bitillionaire!! Props to Paul Madore for releasing this interview. Sal was totally unprepared as usual but worth a listen anyway. |
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funk where are you ? not posting about pluto ?
Thanks Salim, I am back!  The Dwarf Planet has been visited by a human probe, and some of our mountains imaged by human cameras. A new horizon indeed. Good thing too, Charon will be needed to guide Sir Fiat across the rivers Styx and Acheron. One more for you  |
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