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261
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Bitcoin / Bitcoin Discussion / Re: Roger Ver and Jon Matonis pushed aside now that Bitcoin is becoming mainstream
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on: April 21, 2013, 01:59:23 AM
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For what it's worth, Gavin, Matonis, Ver, Voorheese, Mayer, and Berwick are about the only ones I have any interest in listening to. They represent the essence of Bitcoin. They speak truth to power - regardless of how uncomfortable it may be for those who wish to stay in The Matrix.
Bitcoin is about freedom. These individuals don't hide the fact. We need more of them! A strong argument can be made that these ideas are what primarily attracted people to bitcoin in the first place. I know they were for me.
Keep up the great work guys!
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268
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Bitcoin / Legal / Bitcoin, FinCEN and Shiny Objects...
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on: March 23, 2013, 06:36:54 PM
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Problem: Exchanging “real” currency for “virtual” currency may subject you to regulatory requirements ( http://www.fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html). Solution?Consider this possible scenario: BITCOIN WANTER: Will you sell me some bitcoin? I have cash! BITCOIN OWNER: No, but I'll sell you my Shiny Object (wristwatch, medallion, pen) for your cash. BITCOIN WANTER: Uh, okay. [transaction transpires] BITCOIN OWNER: I'm starting to miss my Shiny Object...will you sell it back to me? I can pay you with bitcoin. BITCOIN WANTER: Uh, okay. [transaction transpires].
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269
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Economy / Services / Re: Nice, DeadMansSwitch.net now accepting bitcoin...
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on: February 02, 2013, 10:32:06 PM
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You should never have a single point of failure. DMS should be one of several persons who are instructed to deliver the message upon your passing.
"Three is two, two is one, and one is none" when it comes to back ups. That way you're covered if one or two of the backups fail.
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271
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Bitcoin / Bitcoin Discussion / Re: The 9 principles in Bitcoin
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on: January 13, 2013, 05:44:17 AM
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i don't think the word has to end in a -y to be a principle.
1. scarcity: i've never liked this word either. gold isn't scarce; yet its more valuable than fiat b/c its supply is fixed. how about "determinate" as in fixed?
2. anarchy: i don't like this principle either. what's wrong with "decentralized"? is that not a principle?
2. security - all confirmed Bitcoin transactions are with virtual mathematical certainty irreversible, all bitcoins are with virtual mathematical certainty non-double spendable
Yeah, I never liked the word "anarchy" which loosely means "without ruler". I much prefer the term "autarchy" which means "self rule". For your list above I think "capitalism" works perfectly. I define "capitalism" as "the private ownership of capital" - not to be confused with "crony-capitalism" or "Fascism" which, to me, consist of the marriage between big business and government who collude to eliminate free market competition (competitors). |
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276
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Economy / Service Discussion / Heads up! Someone is trying to hack into Blockchain.info wallets
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on: December 23, 2012, 03:19:39 PM
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FYI: I tried logging into my blockchain account from my desktop (Mac) the other day and received a message that my account was locked for 4 hours due to too many login attempts. I knew something was amiss as I had not tried to access my account in days (I then accessed my Blockchain wallet from my mobile app and transferred the funds to an offline wallet). Yesterday, after closing my desktop browser and attempting to open my blockchain wallet again, I received the following script notification: *** Serious Error - Javascript inconsistencies found. Maybe malicious -
Do not Login! Please contact support@pi.uk.comI had previously downloaded and installed the browser plug-in that checks the script so I suspect this was its way of notifying me of a script problem. I had also previously set up my 2-factor authentication so I believe this was able to protect me. I use the Firefox browser. Now again this morning I received an email notifying me that a login attempt was made at 12:05 AM this morning. Has anyone else had this issue? Anyway, not sure what to do next. I've emailed piuk on Friday but have not heard anything back yet.
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279
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Bitcoin / Bitcoin Discussion / Re: Coming soon from Casascius: free high-density physical bitcoin key generator
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on: December 17, 2012, 12:49:52 AM
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I am not offering the holograms of course. That is clear, right? I have offered blank coins as roll your owns for months now, and before then, someone could get a blank by buying one of my coins, redeeming it, and cleaning it off. Nothing has changed in that regard. A blank is just the metal token.
All that is changed is I don't have to print the key anymore.
Of course, I see it now. My mistake.  |
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280
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Bitcoin / Bitcoin Discussion / Re: Coming soon from Casascius: free high-density physical bitcoin key generator
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on: December 16, 2012, 11:43:59 PM
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Hmmm...
If you're selling the blanks then I foresee the following:
People will be less likely to accept them because they will no longer know the issuer unless new issuers create their own "private label" coins and develop a reputation behind them and a way to distinguish them from yours.
I believe people accept yours because you have developed an excellent reputation and have been open about your identity, etc. Now, the origin of the coins will be questionable. I recognize that this is inevitable because someone would have attempted to counterfeit your coins once the value became high enough anyway.
I, for one, will no longer leave Cascacius coins that I receive "uncashed" and am actually unlikely to accept them in trade at all - even if it is from a trusted friend because I don't know where he got them from. It's easier for someone to just send me a payment versus having to break open the coin and retrieve the funds.
I suppose the best use case for these is if you wanted to create some and give them out as gifts/novelties. In a zombie apocalypse they might come in handy for trading but I would likely be using my gold, silver, and cigarettes for barter instead. Maybe I'm missing something?
At any rate, Casascius Coins have been a cool chapter in the ongoing saga of bitcoin.
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