Yeah, I have a bachelor's and a master's in this kind of stuff, and your OP is still pretty shit. It's not wrong, mind you. Inflation and deflation are two actual real options with real theories, math, and consequences behind them. It's just that the inflation school tends to omit the consequences when it teaches about it, and use rather misleading words, like "hoarding" to try to persuade (we typically call that "saving").

Maybe in the same way that calling Nazis a bunch of liberal anarchists would be...

He's an evil government duble-agent, tasked with continuing to besmirch the good name of the Illuminati.

I think AnonyMint's posts can be used as entropy seeds.

It doesn't matter what thread this gets posted through, either way we fist have to go through the horrible ordeal of slogging through 10 pages of random crap plus links.

Translation: Bitcoin is great, it can help a lot of people, but there are many thieves out there, and here an an example, the following sites are run by thieves, where what you see is not at all what you actually get. These sites equally steal money from both greedy and poor.

I'm wondering how this newbie managed to post to this forum thread, despite only having 2 posts. Isn't the limit 10 before you can get out of the newbie thread?

You're from China? I Thought TOR bridges that you add to the TOR bundle made it work?

Did you just spill the refried beans about where the next conference will be?

Regarding this: http://www.theverge.com/2014/2/7/5386222/a-string-of-thefts-hit-coinbase-bitcoins-most-reputable-wallet-service


I propose the following:
Exchanges working with wallet developers to implement a standard for a SQRL type system, where users have to add an authorized bitcoin address to their account, changing which will send out a warning e-mail and take 24+ hours to enable, and on the client side use messages signed by the private key of that bitcoin address to make all API calls. That way, no one can hijack the key and use it to steal funds without having direct access to the user's wallet.

Comments?

SHHHHHHHH! Not cool dude!

I probably should have followed this a while ago, ad have mentioned that I will be attending.

Hi everybody! I'm going to start doing weekly posts, showcasing one Mycelium feature I find interesting, and updating on what's going on with our team and development. We have tons of awesome stuff being worked on!

So, without further ado, this is the feature that first got me into Mycelium (and impressed the heck out of me at the San Jose conference):

---

Spending from cold/paper wallet

1. Take out printout of private key
2. In Mycelium, go to the Menu is the top right corner (three vertical dots)
3. Select Cold Storage
4. Press QR Code, and scan the private key of your paper wallet.

This loads the private key into your phone's secure memory, but does not save it to your storage.

5. Proceed to spend as normal, entering the Bitcoin address from either the QR code or clipboard, and entering the amount. Note - Mycelium will retrieve the balance of your paper wallet and will show that once you click the Enter Amount keyboard button (I asked the guys if they could make the balance a bit more prominent).
6. Hit send, and Mycelium Wallet will broadcast your transaction, send all the remaining change back to the paper wallet, and wipe the private key from your phone's memory.

---

This is a pretty great way to spend money from secure cold storage, without relying on a separate computer (as in Armory/Electrum) or a hardware wallet device (Trezzor). It's not as secure as offline signing, but it's much better than a wallet kept on your computer. When Jan first demoed this for me, he whipped out a private key on a folded business card stored in his pocket, spent money from it, and stuck it back into his pocket, with his phone posing no risk to his bitcoins.


In the news, the Mycelium team is traveling to the Inside Bitcoins conference in Berlin (but I won't be). While there, they will be unveiling a rather exciting and important new service that will be built right into the Mycelium Wallet. I regret not being able to go, because this new thing of theirs is really awesome, is related to a bunch of recent news, is very important for bitcoin's ecosystem and may help speed up adoption immensely, and I would have been promoting the hell out of it even if I wasn't a part of the team. So if you are going to the conference, make sure to find the Mycelium guys and pester them with questions! (I won't be paid unless you pin them against a wall and ask them all about it )
And if you can't make it to the conference (It's €445!!!), don't fret. I'll still fill you in on the whole thing right here. I can't wait!

He is actually a secret agent, usually out somewhere saving the world, and thus typically not available to answer questions, or disappears for months at a time. That also explains why you always see him in a suit, and why he seems to have come out of nowhere into the bitcoinsphere, and rocketed right up to "Hosting conventions."

Why would it be fragmented? We already have the technology to roll out a global mesh net. Its just that no one wants to use it yet.


And people can still easily get porn in China?

Uh, why? And do you mean in the whole world, or just America? Cause there are a lot of countries out there who couldn't give two fucks about what happens in US in with US economy.

How does Coinmux find other users? And if it doesn't, can it implement a Bitmessage chan?

Sorry, I do still need help, I just didn't have time to work on it (no time at work, since working full time, and had Bitcoin meetup in DC on Tuesday, a Bitcoin seminar and meeting at a university on Wednesday, and a Bitcoin meetup in Baltimore on Wednesday. This on top of working until 1am on other things (I'm really tired this week )

I'll be working on this tonight. Very sorry for not getting back to you sooner. Will first try the link and green button you recommended earlier, first.

It doesn't matter who gets killed. Fewer available employees = higher paying jobs.


Of course! The more the powers fight it, the more decentralized it will get, until the only way to block it is to stop it at the source for every anonymous person using it. Besides, the powers will very quickly lose all their power shortly after they cut off all their citizens' porn.

Take it one step further and ban BBQs, and you'll have a revolution.

Yeah, history, and even Wikipedia, does not agree with you.