Same!

I was reading this Docs on Electrum :



So I have this question , if I have a Keylogger on my PC (Dosen't matter if it's Clipboard , Screen capture or whatever) and I make a new fresh Electrum wallet with Two-Factor Authentication (with TrustedCoin) .

It dosen't matter if I make  Two-Factor Authentication or it does not , since it says that I'am able to recover my wallet with the seed , so if the keylogger captures somehow the seed , I'am screwed ?

Because the Electrum says what I quoted above , and the TrustedCoin says this :

IOTA has PoW, yet it can be easily attacked, so much, that you need to have a centralized Coordinator. Why is that, PoW in Iota does not secure it? You cant just add massive amounts of PoW to secure it? But instead rely on 1 special Coordinator? What a baby.

I think you are confusing the way IOTA works with the way Byteball works.

If you can attack it, go ahead attack it, your last "attack" which stalled the network for 6h, was due to a bug in the archiving of units, not anything with the consensus algorithm of Byteball or PoW, and because the 12 witnesses are still run my main dev and not other known real world entities.

I bet you there is other flaws and bugs in Byteball, as there is in any software, and in IOTA - but IOTA has a bug which cant be fixed - a conceptual retarded mistake.  

IOTA idea is dry water, living dead, cold hot, plastic silverware, PoW on IoT.

I don't think so.


Sign up and wait for the alpha users to be announced

Looks like it's not gonna work. You should be legal China citizen with a ID which used for authentication of exchanges(1), you also need
that ID for getting a bank card(2), the name you registered in exchange should be the same with name you used to get that card. And looks like CNY is the only one withdrawal option left to us.

you want to sell Bitcoin in Chinese exchanges?

The tally stick was typically broken in half and the splintered ends proved the pair were mates.  So one person was creditor and one was debtor (or it could prove a contract between them).  The rest of the stick showed how much (or details about the contract).  The creditor could then sell the "debt side" to someone else, and the debtor would then owe it to the new owner.  One could collect a bunch of them and say "most of these people will pay me the debt" and then go into debt himself with a second layer of tally sticks on the collateral of the batch of 1st sticks he holds (a derivative).   Even without this a bubble of loans could build up on tally sticks, and with too many of them floating around, but it would temporarily stimulate the economy by people buying things.  Merchants could raise their prices if they thought people were issuing each other too many tally sticks.  Holders of lots of tally sticks could sell them out of anticipation they would become worth less from too many of them.  So same thing as money.  ((  BTW   The Fed is buying toxic waste derivatives from banks and using them as collateral against the issuance of newly-created dollars, so QE is a derivative on top of derivatives.  The Fed buying worthless U.S. treasuries is also a derivative because the treasuries were initially issued in order to get money from someone but that money also had to be printed some time in the past, so they're printing money using the original printing as the collateral for the 2nd printing.  ))

Since bitcoin is not used for anything else, it's not a commodity.  It's an asset.  Assets that are not used to generate income like machines and are not a commodity being stored have prices that are determined by public perception.  Artwork is a good example that is like bitcoin.  House prices are halfway between perception and reality.  The creditor side of the tally stick is an asset and the debtor side is a liability.

Bitcoin is an asset that can function like a currency and a contract (using its other features).  The splintered ends of the tally are a key pair.  The debtor end would have be the public key and the creditor key the private key. The ledger of bitcoin is like the public debtor side and the private key is the creditor who paid something "into the system" to obtain the "debt instrument" private key.  

If you don't like to read:
So the bitcoin ledger is a debt "the public bitcoin system" owes to each "creditor" (bitcoin holders).  It's a pretty good analogy except the tally sticks were not limited in supply.

Royal tallies (debt of the Crown) also played an infamous role in the formation of the Bank of England at the end of the 17th century when these royal tallies, trading at a hefty discount of up to 60 percent, were engrafted into the Bank's capital stock

Ok.. I give up.
I'm swiss and you are not.

So don't take things from lousy translations as fact. Every idiot copied from the same BS source. Noone read the original statement in german.

It's a postulate and they vote to talk about. The risks and chances of bitcoin.

There is no public vote.
They vote (internally) if it's necessary to talk about bitcoin.
That's way less then the US senat hearings. We are slow in adepting new things.


That fucking shit about foreign currency drives me nuts. There is NO such thing.
Read the postulate in german as I did and stop writing utter bullshit about things you don't know anything.

There is no fucking vote. Absolute crap posted by a pump and dumper.
There won't be a vote in switzerland about bitcoin the next 2-5 years. It takes a lot of time in a direct democracy.

Most of the suckers here don't even know where switzerland is located.

Politicians in Switzerland are set to vote on proposals submitted by 45 members of the Swiss Parliament for bitcoins to be legally recognised as a legitimate foreign currency, like the euro or dollar.

A tally (or tally stick) was an ancient memory aid device used to record and document numbers, quantities, or even messages. Tally sticks first appear as animal bones carved with notches, in the Upper Paleolithic; a notable example is the Ishango Bone. Historical reference is made by Pliny the Elder (AD 23–79) about the best wood to use for tallies, and by Marco Polo (1254–1324) who mentions the use of the tally in China. Tallies have been used for numerous purposes such as messaging and scheduling, and especially in financial and legal transactions, to the point of being currency.

The split tally was accepted as legal proof in medieval courts and the Napoleonic Code (1804) still makes reference to the tally stick in Article 1333.[4] Along the Danube and in Switzerland the tally was still used in the 20th century in rural economies.