In today's sue happy world, the last thing I need is a lawsuit, or some DCMA or CALEA subpoena passed my way..
I've seen people and money happy litigators do much worse, with much much less..

SORRY!

**WHEN**  The Audio/Video Version of the podcast *IS* published it will be under the URL's posted below:

(Again, 72 to 96 hours from the recording, is when it's published.. I've seen them out the door in under 24 hrs, but it's rare. )

Steve also makes written transcripts available when the audio is posted.  (See the GRC Site for those transcripts)

Again, Please Use the website directly or use the podtrac redirect links, it's how They get paid!

AUDIO: http://www.podtrac.com/pts/redirect.mp3/aolradio.podcast.aol.com/sn/sn0287.mp3

Video (HIGH): http://dts.podtrac.com/redirect.mp4/twit.mediafly.com/video/sn/sn0287/sn0287_h264b_864x480_2000.mp4

Video (LOW): http://dts.podtrac.com/redirect.mp4/twit.mediafly.com/video/sn/sn0287/sn0287_h264b_432x240_128.mp4

You can also check the TWIT website for Security NOW, In case I got the above links messed up..

http://www.grc.com/securitynow.htm   OR  http://twit.tv/sn

Enjoy..

Note: I am not a representative of TWIT in any way.. 'ONLY A FAN.'  I do not have the right or license to reproduce or otherwise modify TWIT stuff, I'm only posting information that is public knowledge, and within reason based on their system of publication..  I make no warranties to the quality of the information posted above.. Use your own judgment and contact TWIT directly for questions or licensing issues.

Gabriel

It would not be an interest for anyone wanting to use bitcoin that is..

I could see a third party, such as a government, a fiat, or some Idiot Billionaire "investing" with the goal to devalue or inflate the currency, with the intent to create a lack of stability to corrupt the system.

Forgive me, if I sound like the fruity nut with the nice white coat! {Laughing}  We all have seen hostile take overs, and we've even seen other governments inflate of deflate other currency with their intentional moves.

Is that the only way that BT could manage this issue? Could BT stop a poisoned trade?

A Fiat only has to shift it's debt into this system. 

Gabriel

Hello.

Disclaimer: I just signed up a matter of minutes ago..  Please be gentle.

Question:
What prevents some one like 'Acme Banking and fiat services', or Scrooge Mc'duck, from purchasing BT in mass. causing a hostile takeover or another form of monopoly or control.

I understand that the system is pretty airtight in regards to creation, and inflation control from "miners", but If i was "Scrooge Mc'duck" and I bought 15 or 19 million BT, I would then hypothetically be able to hold onto those virtual credits thus causing a major inflation or deflation of the currency.. 

I'm sure that this has probably been discussed somewhere, could some one please direct me to the discussion thread? I didn't quite know what to call this 'question'!!

Gabriel

Directly from Steve's net cast..

I had not heard of this project until just a little while ago..

There were about 900 (give or take) viewers watching the broadcast at the time.

Gabriel

I'm a Normal "TWIT" listener.

Steve releases his audio and video podcast under CC..  (Creative Commons)  You may want to ask them, for decency sake for republication.

Otherwise TWIT will Release this video podcast for public consumption within about 72-96 hrs of recording. 

I will be installing bit coin as a Linux client within the hour!  I find this project to be awesome, and I wish I would have heard of it sooner!


Gabriel