Of course, I may not fully understand Gavin's role. I was under the impression that all changes to the core bitcoin code went through him.
The "core bitcoin code" is just one implementation out of about half a dozen. |
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Up, but slowly over the next day or two.
WTF kind of take off is "slowly over a day or two"? That's indistinguishable from what happens all the time. |
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I think the most credible threat model is for Casascius to be blackmailed into storing private keys.
I believe that he'd want to close up shop before doing that, but I wouldn't rely on him doing that since people who are willing to blackmail might not be so easily deterred.
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Get ready ladies... Gox is about to take off.
Which way? |
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there is more reason, at least for me, to believe that bitcoin will be accepted by a major retailer.. we're already hearing tons of chatter about ebay/newegg/amazon/tigerdirect accepting BTC. The company to watch is Wal Mart. |
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all we need is just for a major retailer to jump in the pool. that'll start the singularity of the next phase (whatever it is). most investments would be speculation, but it would at the same time make bitcoin a legitimate world currency.
What's going to happen is that first exporters are going to start insisting on payment in Bitcoin instead of Dollars. Then the retailers will get onboard by necessity. |
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Can we end this sh8t now!
Excellent idea. Please stop posting here, and get on with your "work". |
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Off chain transactions are not a solution.
For one thing, off-chain transactions means giving up every advantage of Bitcoin - you're now stuck working through some kind gatekeeper service which has the ability to exercise prior restraint (censorship) and probably chargebacks and funds confiscation.
It's especially pernicious when there are about 7 billion people in the world who haven't got a chance to buy Bitcoins yet and they are the ones who most desperately need censorship-resistant money. The proponents of the small static blocksize are effectively locking them out of the benefits of Bitcoin forever.
Secondly, we need massive amounts of transactions on the blockchain in order to generate massive transaction fee revenue in order to pay for the hashing power we need to secure Bitcoin against attackers with nation state-level resources.
Bitcoin won't stay free with small blocks. There's no route to that outcome without sucking it up and making large blocks work.
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What can be done in regards to key disclosure? How can you refuse to give the government the decryption key or data and not face contempt charges?
My current approach is to write down an impossible to remember string of numbers with other sparse characters (a-zA-Z!@#$%^&* etc) randomly in between to make bruteforce impossible (big charset) and copying easy. This is not the password, only a salt which means if it's compromised nothing really happens in on by itself.
If I am compromised I have the means to destroy that piece of paper easily and completely making any recovery of that particular drive impossible.
But this precaution is useless if it won't be believed by the judge etc...
Any advice on how to create a legally proof way of not giving decrypted data?
Have close friends who live outside Canada. Store your savings in multisig addresses for which your key is not sufficient to spend by itself. |
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So I'm at a dilemma, I'm currently working on a short manga and I want to price it cheaply $3 - $5 at most but there's this problem when you want to deal purely in crypto where most people in my view incorrectly keep trying to price everything in paper. We all know that the Bitcoin price is a result of hyperinflation to the max rather than Bitcoin actually being worth anything ( Now that it's easily slaughtered the $1000 mark I think Bitcoin will keep going to $5000 ) so how are merchants supposed to price things? Do we suck it up for now and push the prices in Bitcoin lower and lower knowing they'll readjust later on after paper money collapses or do we ignore paper money right away and just price things in crypto so that we don't suffer losses? Maybe think outside the box and switch to a different revenue model entirely? |
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It says it right on the bar: 'fine gold'.
LOL but if i was a noob and i was buying it, who would i trust? how would i check quickly for myself  Here is a way: You weigh it (on an accurate scale), than you measure the volume by putting it into a finely graded measuring cylinder with some water. Note the increase in volume when adding the gold bar. The volume for one kg gold should be 51.86 cubic centimeters (ml). ...then cut it in half to make sure it's not gold-plated tungsten. |
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A little birdie told me that Coinbase does not have it together in the back-office as I would have hoped and not all errors are in Coinbase's favor...by a long-shot! I can only imagine what a mad-house it must be at this time. You mean like the time where they sold me some bitcoins, and their back end forgot to initiate an ACH to pay for it, and even after I opened up a ticket with support they never did end up charging me for them? |
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complete redundancy of fiat is a rather extreme scenario What is the historical track record of fiat currencies in terms of longevity? |
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How about just not displaying it at all then?
Why show a user a metric while at the same time giving them absolutely no information about how to improve it, even as much as which report was problematic?
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Advertisement: If you see garbage posts (off-topic, trolling, spam, no point, etc.), use the "report to moderator" links. All reports are investigated, though you will rarely be contacted about your reports. Not receiving feedback on why one's accuracy rating drops is a huge disincentive for using the "report to moderator" feature. |
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Assassination Politics only works if there's a mass market appeal with regards to murdering politicians.
Most people would rather just ignore politicians, rather than waste perfectly good bitcoins having them killed.
Especially Bernanke - he's making us all rich by destroying the Dollar and giving the world a good reason to look for alternatives. Why would any bitcoin holder want him to stop?
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Please stop quoting AnonyMint. The reason his Ignore link is that color is because we don't want to read his posts.
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