Not a movie...    Teletubbies    I would assume.

Forgoing the former as that is back to intent and purpose, the latter can be done within a mathematical certainty if the chain is verified as being correct. (The actual current chain in use and not an alt or forked chain) Even without timestamps, the blocks occur approximately every 10 min on average so one could give an approximate time frame with only the time of the first block being confirmed.


btw: Files have been encoded into the blockchain. But with time, no encoding would be necessary as the data will be there. One could just write a program to pick out the data necessary to create a file.  Simple example: Rather than encode 'Hello World', just find an ascii equivalent in the chain and point the reader to those addresses to decode. Hence, someone else unintentionally encoded the message, the reader just picks the right address to produce the desired message/file. Granted this is easier for simple messages and very difficult for harder messages or images but possible.

IMO

This is a great idea. Just wish it had another name. Not all will get the humor.

Then I think we agree that it is a bad idea to try to use it in court. As one can foresee the Prosecution telling the Jury only the defendant could send the money/msg. Then 'someone' else uses a copy of the wallet/private key to send money/msg and destroy the prosecution's case.

Thanx.

 Just pointing out that private keys in no way ties it to a single entity or person even. A person's computer might have been compromised, or even by intent more than one person might have a copy of the private keys. I know of one business entity that does this. In fact, the QT Client does this.

Supposedly there are 3 persons with the ability to send a message to the client. (Gavin, Theymos, and Satoshi) Who sent the recent message to the clients about the security update?
 

Well the traditional cost benefit is the cost of the GPU, Mobo, etc... and the cost of kWh.

The cost of a kWh from Solar will have to be judged from the Cost of the Solar Panels and electronics required to provide the power necessary to run a mining Rig/Farm. How long will that Farm have to run until it pays for the Solar Panels and Electronics required?

But yes, a kWh is a kWh.

Just a guess. But is the BitCoin economy based on traditional currencies or BTC?

If it is BTC, then people will buy BTC for slightly cheaper BitCoins.

If it is USD/EUR/etc... they will sell BTC for greater profits.

Or a combination of both and stay the same.

Let us see which way it goes.

It's evidence of Transactions occurring between addresses. Period.

To explain the intent or purpose of those transactions is a different story.

Can it be done, sure. But if LE is at that stage in investigating, they don't need the blockchain. It will just be another aspect of proof.

Think of how hard that is. Even if you prove that TX1 went to TX2, WHO sent TX1 and WHO received it and for what purpose. And now this gets even more complicated because the route from TX1 to TX2 may have thousands of transmissions between them.

Then you have the encrypted transfer of wallet.dat files containing an amount of BTC which would bypass miners and fees. I.E. There will be 21 Million BTC. Now imagine 21 Million Wallet.dat files being transferred to others bypassing miners all together. And the method of transfer doesn't even need to be electronic.

Not to mention that if it becomes accepted, people could send BTC to someone to implicate them in something that they had nothing to do with. Or cause them headaches.

For Example: PP customers send PP's CEO a $1 with a note: Thanks for the BitCoins   The PP CEO would be wrongly assumed to have violated his own companies policies. (But that wouldn't be fair or correct)

However there is a good point here:

The qt client allows the viewing of Transmissions and Receipts whether the wallet.dat is encrypted or not. This, IMO, is a privacy and security flaw. Anyone with access to the program could view your personal financial transactions.

To me this is akin to allowing everyone to see your online banking account details but they aren't allowed to transfer anything. If and until this is fixed, I would suggest for any serious and private TX to use the program from an encrypted disk and/or folder.

I'm sure I'm wrong about something, correct if necessary.

I would really like to see the Break Even Analysis on 33 Panels and mining.

How long until the break even point?

Anything over 5 years is a no go for anything.

Is this a Dump and Sump?

as opposed to a Pump and Dump.

This is like UN Resolutions. It won't work and for the same reasons.

e.g.

 UN Resolution § 42.01.10 BTC Mining Carbon Footprint Reduction

 All miners shut down for the day.


Really says: Lets have people shut down so we can make more money and have an advantage.

Now this is usually done indirectly through ideology. Or sheep being sheep being guided without knowing they are being guided.

Not that I am against the philosophy, but 9 Billion people will not get fed by solar power.

However, rather than give some an advantage by telling people to shut down for a while, why not give a Bounty for a solar powered rig that reaches say: 1 GH/s.

I will put 1 BTC towards that bounty if someone wishes to start it. 

See it is a market driven subsidy from the whole and isn't forced through taxes.

Grant me the serenity to accept the things I cannot change,
Courage to change the things I can,
And wisdom to know the difference.

This tells me a lot about how much learning you have to do.


Good Luck,
Shakaru

Good Man.

Shame you didn't have BTC address, I would send BTC to you.

Good Advice.

Not up to me. But if you edit your reddit.com/r/bitcoin comment and add "Please let me out of here". It might help a mod be sure it is actually you.

Huh, I would have thought the opposite.

If I gamble(bet) on an event, I know the exact payout(ROI). i.e. Roulette 22 Black pays 35 to 1 give or take.

When investing, the payout might be expected but by no means predictable. The ROI is not determined until you are no longer invested.

Oh no you don't. Put up the Avatar.  Grrrrrr.

Finally. So BTC are Securities.

So no taxes until they are converted.

Considering the price is $4.7 - 4.8 currently. $5 might be a tad to late. But, I don't get this speculation thing. I'm probably missing something.