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1  Bitcoin / Development & Technical Discussion / why is it on: June 02, 2011, 11:59:11 AM
That bitcoin is done like this:

---alices signature---
coin abc
---bobs public key---
---alices signature---

instead of like this

---alices signature---
alice: 0 bob: 1
timestamp (to prevent replay attacks)
---alices signature---

where bob and alice are replaced with keys, and the network just keeps a running track of who has how many points (and if alice says to give bob more coins that she has it is rejected by the network, and if alice and bob do not equal out to a possible difference it is rejects (for example alice has 2 coins and bob has 1 coin prior to a transaction, so alice: 0 bob:4 will be rejected but alice:1 bob:2 and alice:0 bob:3 will not be). Wouldn't that make the network more anonymous, as 1 coin of Alices would be equal to one coin of Bobs rather than there being a difference between coin abc and coin def?

Is there something I am missing?
2  Other / Politics & Society / Re: Is bitcoin just for criminals and terrorists? on: June 02, 2011, 11:37:49 AM
Also how are they going to tell Bob is using Bitcoin at a given time? Doesn't Bob use Tor to obfuscate protocols? How do they find Bob in the first place? I don't think you guys understand the model. I will make it short for you.

"Criminals" win
Feds lose and walk off with their tails between their legs

kthnxbye
3  Other / Politics & Society / Re: Is bitcoin just for criminals and terrorists? on: June 02, 2011, 11:30:49 AM
In this thread a bunch of people who know nothing about anonymity or computer security or money laundering (and Creighto) talk about why Bitcoin is worse than USD at protecting "criminals"
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