If audited, you will have to explain how you sent 1k to japan and received 5 back. Doesnt matter where it came from.
What idiot leaves an auditable trail in Bitcoin? It was created to allow your financial life to be private. To be clear, bitcoin was not invented so that you may evade taxes. You are absolutely responsible for paying your taxes. Failure to do so can result in the same fines and prison time as any other criminal. If you don't want to pay your share of tax, then work through your elected officials and change the tax law. There is *basically no such thing as tax free income in the U.S. |
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I remember that Gavin said he worried about a fork when block reward drops from 50 to 25 coins last winter, since there was someone coded a client with 50 coins reward forever. But it seems that fork had some technical problems and was not able to maintain the stable block generation, so it ended without many people knowing of it
Time is on our side here. The longer bitcoin is in existence (and the larger the userbase gets) the more unlikely it is for a fork to gain momentum. I'm glad this fell apart. I would certainly have traded my bitcoin for gold at that point. I would also consider the project dead. |
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By goggling for cutting edge, disruptive technologies in the open source community.
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I doubt it. I have been around wolfram alpha since before the launch and I have two friends that worked there. They have no clue about bitcoin. I have requested many times that they include bitcoin data in their options and each time they respond with a WTF is bitcoin email . For those unfamiliar with it... http://www.wolframalpha.com/ ...is an awesome computational engine that uses trusted data from the internet. Just ask it "What was the weather in Dayton Ohio on Obama's birthday?". Wow! |
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Hi, and welcome.  |
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I know this was discussed last year, and I wana say someone claimed to have done it. It would be really hard to do the blockchain, but a little piece of bitcoin can operate even when the grid is down.
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Gee, i don't know guys. He has been in computers for 10 years. AND HE HAS BEEN TO LONDON!!11!  Clearly he can't be wrong. I thought a "she"? Oh hey, your right. Clearly wrong then. lol |
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You should burn all your paper dollars immediately as they support criminal activity. True story.
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Fun! Thanks man.  Although, I do think this game is a Ponzi. lol |
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Why does everyone say satoshi is "male"?
LOL Because it is a common boys name in Japan? If I remember my Japanese correctly, it means something close to "wisdom". |
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Gee, i don't know guys. He has been in computers for 10 years. AND HE HAS BEEN TO LONDON!!11! Clearly he can't be wrong. |
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I think I'll give this a try this weekend. Who should I "tip" over the edge and into adoption?
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Oh conspiracy theorists, you never cease to amaze.
The truth is that someone in middle-management had the idea to produce some "educational material". Didn't really matter what, as it was either just an idea for a promotion or trying to create busy work to keep their job. Something mundane.
This same person probably had a wife or kid or neighbor who "wanted to break into children's literature" so just kinda shoved the project onto them with no oversight. The project was mostly forgotten until someone eventually just kinda stuck it onto the web.
THE END
That sound a lot more like how the world really works. |
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Buyer Beware
+1 If we say the mods are going to determine who is a scammer then we all need to pay .5 BTC per month. That should be enough to hire 50 new mods with degrees in finance law. The point of bitcoin is to have control over your money. That also means responsibility over it. All these new peers need to remember is... 1. Don't invest in anything you don't understand fully. 2. Don't lend or borrow bitcoins. 3. Practice high level security. If you don't understand PGP, VPN, cold storage, backups, two factor authentication, etc... Then learn before you buy coins. |
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Several good suggestions. I like "strength in numbers", it sounds cool in Latin "Fortitudo in numeris".
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I'm in bitcoin for a simple reason
I think it was cbeast here, who said: "It's a really, really good idea."
I like those.
+1 C++ I just like using it much better than crappy paypal or the like. |
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Careful, that could be the basis of a claim against you should things go wrong. You are guaranteeing profit? What is the guarantee? Words don't cut it. Your honor, I would like the defendant to read the part of his post where he says "this is a guaranteed profit for you". My client acted on this guarantee and lost his money. Luckily he will have not only his money returned, but some profit. |
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Yes the coin will appear once you download all the block chain (takes days)
More precisely, it will appear once you have downloaded the block your transaction resides in. Then you will need to wait for a couples of blocks in order to get some confirmations, which will allow you to spend them. What he said. Remember that if you recently transfered your coins then the transaction will be in a recent block. One of the last blocks that will be downloaded and confirmed. I think your all good. |
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Satoshi mentioned cypherpunk, I did some reading there, seems lot's of old history
Yes. Satoshi was clearly influenced by the cypherpunks and may well consider himself one. |
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I did not know this.  If I were a resident of one of those states I would publicly break the law. I may get a fine or something, but it would be worth watching a politician go down in flames as he/she tries to defend that law on TV. |
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