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61  Economy / Trading Discussion / Re: A Heroin Store on: October 09, 2013, 09:27:53 PM
The Silk Road criminal complaint references this thread -  http://www.scribd.com/doc/172764080/Ulbricht-Criminal-Complaint  (page 25)

Post #71 quotes a deleted post by a user "altoid" referenced in the complaint.  I wonder if the thought experiment discussions in this thread inspired the creation of the Silk Road...

Ugh. The thought makes me shudder.

Back then this forum was a more innocent place, full of dreamers discussing what at the time felt like improbable scenarios out of a William Gibson novel.  I was really taken by surprise how soon this fantasy became reality, how soon this whole bitcoin experiment became serious fucking business.  Very surreal to read this thread in retrospect.   At least it's nice to see that my predictions were right Smiley
62  Bitcoin / Bitcoin Discussion / Re: Do you see Silk Road's closure as a positive or negative? on: October 09, 2013, 06:21:54 PM
You don't need a centralized website to do achieve what Silk Road achieved.

Apart from Bitcoin and Tor, all you need is:

1) A secure p2p messaging system
2) A p2p identity management and rating system
3) A p2p data store for storing pictures etc.
4) A distributed escrow system


All those things already exist to some extent.

1) can be achieved by Bitmessage.
2) can be achieved by a combination of Namecoin and PGP web of trust.
3) can be achieved by Freenet, Bittorrent, Rapidshare etc.
4) can be achieved by multisig transactions in combination with 2)

Now it's only a matter of packaging those building blocks into a user friendly application. Sooner or later someone is going to do it.

We have reached an age where online black markets are pretty much inevitable, so we may as well stop worrying and learn to live with them.
63  Bitcoin / Bitcoin Discussion / Re: Governments now own BTC on: October 09, 2013, 05:37:55 PM
I bet that in a few years we will hear about the first scandals involving lost or stolen government bitcoins.  Wallet security is not a trivial task for a large organizations, and government agencies have a track record of data security blunders.      

One positive effect of this is that government agencies will now be forced to fully understand how bitcoin works, whether they want to or not.  That will help campaigners such as the Bitcoin Foundation in their efforts of educating governments.
64  Bitcoin / Bitcoin Discussion / Re: Bitcoin-Qt / bitcoind 0.8.2 (final) available on: June 04, 2013, 11:09:08 AM
This version is failing to connect to Tor network through SOCKS proxy (IP: 127.0.0.1 Port:9050)

Previous version worked fine.

OS: Windows 7
65  Economy / Exchanges / Re: MtGox withdrawal delays [Gathering] on: May 27, 2013, 02:16:47 PM
Cancelled my SEPA withdrawal after 35 days.  I'm giving the international withdrawal a try now.

let me know about the fees for international , thx

Fees for international withdrawal were a total of about 60 USD (mtgox fee + my bank's fee).

66  Economy / Exchanges / Re: MtGox withdrawal delays [Gathering] on: May 27, 2013, 02:12:56 PM
Cancelled my SEPA withdrawal after 35 days.  I'm giving the international withdrawal a try now.

Update: International withdrawal only took 3 business days!
67  Other / Politics & Society / Re: Schumer: It’s time to go after the 3-D printable guns on: May 24, 2013, 10:07:02 AM
Home made handguns are boring. They are not that much more effective than a knife or an axe. But handguns are only the beginning.

When people start to print armed helicopter drones, things are going to get interesting.
68  Bitcoin / Bitcoin Discussion / Re: You like vim? Donate to Bram Molenaar in BTC and help kids in Uganda on: May 23, 2013, 03:45:55 PM
http://online.wsj.com/article/SB123758895999200083.html
Quote
Over the past 60 years at least $1 trillion of development-related aid has been transferred from rich countries to Africa. Yet real per-capita income today is lower than it was in the 1970s, and more than 50% of the population -- over 350 million people -- live on less than a dollar a day, a figure that has nearly doubled in two decades.

http://www.dailymail.co.uk/news/article-1369041/Peter-Mandelson-Africa-aid-wasted-created-army-beggars.html

http://www.guardian.co.uk/society/katineblog/2009/mar/26/water-projects-wasted-money

Yes, I am aware of this problem.

I too believe in "Trade not Aid" but that doesn't mean I need to be a fundamentalist about it.

I am also against governments giving out aid, because them being governments, they tend to give it to other governments, which in poor countries are often not more than glorified criminal gangs.

Giving to private charities with a local presence is a different story though.  There is nothing wrong with aid in certain situations, eg. when a real emergency is being addressed.
69  Bitcoin / Bitcoin Discussion / Re: You like vim? Donate to Bram Molenaar in BTC and help kids in Uganda on: May 23, 2013, 03:12:06 PM
Giving money to africa= throwing money in a black hole. Local war lords will use it to buy moar tanks, rifles, weapons etc  Roll Eyes

According to ICCF Holland's website, they invest the money directly in local infrastructure like a clinic, rather than sending it indiscriminately to some dubious middleman.

It's good to be skeptical, and it's true that a lot of corruption goes on, but that does not mean you should dismiss every single Africa charity by default.
70  Bitcoin / Bitcoin Discussion / Re: Primer for a P2P Distributed Exchange on: May 23, 2013, 02:51:51 PM
6. Hold and transfer VALUE, not just IOUs. (With Cryptocurrency this is easy... With fiat? Not so much.)

Ripple CAN do this.  All you need to do is limit your trading to "full reserve" gateways who back their IOUs with a bank balance and promise withdrawal on demand.  

Well yes, they are still IOUs, but it's no different to a USD balance on Mtgox or Paypal, which is technically also nothing more than an IOU.

Even your proposal relies on temporary IOUs.   As long as bank transfers are not instant it will be impossible to get around using them.
71  Economy / Exchanges / Re: MtGox withdrawal delays [Gathering] on: May 17, 2013, 11:48:05 AM
Cancelled my SEPA withdrawal after 35 days.  I'm giving the international withdrawal a try now.
72  Bitcoin / Bitcoin Discussion / Re: Bitcoins are the LEAST anonymous currency ever created on: May 15, 2013, 06:12:31 PM
No, Ripples are even less anonymous.

Anyhow, there are proposals to layer anonymity on top of bitcoin, for those who really need it. See:

https://en.bitcoin.it/wiki/Zerocoin
73  Bitcoin / Bitcoin Discussion / Re: Bitcoin needs to be simplified for the stupid. on: May 13, 2013, 07:05:27 PM
You reach a point where you fundamentally can't make things any simpler without compromising security.  This applies to bitcoin just as much as physical possessions.

When securing physical possessions, people DO put up with lots of inconvenience and complexity, so it's unrealistic to expect bitcoin to become both ultra-simple and ultra-secure.

A hardware wallet that works a bit like an online banking security token is probably as simple as it gets.

Even 'stupid' people have learned how to use security tokens so why can't they learn to use hardware wallets?

74  Economy / Exchanges / Re: MtGox withdrawal delays [Gathering] on: May 08, 2013, 01:00:11 PM
I'm still waiting. SEPA withdrawal on 2013-04-10.

Same reply from support about queued withdrawals.
75  Local / Deutsch (German) / Re: 15% der Deutschen behaupten Bitcoins zu kennen on: May 06, 2013, 03:49:55 PM
Selbstselektion?
76  Local / Nederlands (Dutch) / Re: Bitcoin meetup. Vrijdag 3 Mei in Driebergen on: May 01, 2013, 01:24:59 PM
Count me in too!
77  Bitcoin / Bitcoin Discussion / Re: WTF - Kiddy Porn in the Blockchain for life? on: May 01, 2013, 11:08:01 AM
Can it not be prevented? maybe not for old records, but isn't there a way to block text from being stored in the chain?

Not as long as the text is being stored steganographically. Example: If someone sends a transaction of 1.495438 BTC, there is no way of proving whether the digits after the 1 are being used to encode text.
78  Bitcoin / Bitcoin Discussion / Re: WTF - Kiddy Porn in the Blockchain for life? on: May 01, 2013, 10:27:40 AM
Child porn links can also be encoded into bank transactions. 

Does that mean that banks are legally obliged to delete such transactions from their database, once they find out about them?

Somehow I doubt it.
79  Other / Politics & Society / Re: Why is antisemetism acceptable on: April 26, 2013, 10:39:40 AM
I don't know what you mean by "acceptable".

Just because the forum moderators don't delete certain posts doesn't mean that they approve of them.

I don't think that the majority of users on this forum find antisemitism acceptable. There are a handful of antisemitic conspiracy theorist nutters here.  The more extreme ones have already been banned, not for "hate speech" but for trolling and repeated off-topic posting.
80  Economy / Economics / Re: Would a permanent 50BTC block reward have changed the discussion? on: April 26, 2013, 06:48:20 AM
Quote
   
Would a permanent 50BTC block reward have changed the discussion?

Yes, I would not be part of it.

Aren't you being a bit petty?
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