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1861  Bitcoin / Bitcoin Discussion / Re: Impressive bitcoin one liners for non bitcoiners on: September 30, 2011, 05:32:29 AM
Bitcoin is borderless electronic cash - anyone in any country can send and receive bitcoins without signing up anywhere or opening an account.


(ok - so the merchant part, and exchange to local currency part aren't quite there on a global scale - but it gives an idea of the potential.)
1862  Bitcoin / Bitcoin Discussion / Re: GnuCash support for alternative/non-ISO currencies on: September 29, 2011, 03:40:31 AM
Thanks for drawing my attention to GnuCash - I'll be giving it a whirl for sure.

Upvoted.

I hope the changes get integrated into the main builds.
1863  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: September 29, 2011, 03:30:11 AM
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Never Trust A VPN Provider That Doesn't Accept Bitcoin

Rick Falkvinge
2011-09-27

http://falkvinge.net/2011/09/27/never-trust-a-vpn-provider-that-doesnt-accept-bitcoin/

This is interesting as a potential class of service for which Bitcoin is the preferred/only payment method, and therefore a driver for base Bitcoin demand.
1864  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: September 29, 2011, 03:27:27 AM
Quote
Taking a Look at Both Sides of Bitcoin

Francois Paget
2011-09-28


http://blogs.mcafee.com/mcafee-labs/taking-a-look-at-both-sides-of-bitcoin


If you want to read more about Bitcoin, I recommend Gavin Andresen’s (from acm.org) presentation: “Bitcoin, the World’s First Person-to-Person Digital Currency” and the Raulo white paper: “Optimal Pool Abuse Strategy.” Regarding the various Bitcoin attack vectors, the following Defcon-19 hacking conference white paper is a must-read: “Hacking the Global Economy with GPUs, or How I Learned to Stop Worrying and Love Bitcoin.”
1865  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: September 28, 2011, 02:31:15 PM
Quote
Bitcoin 0.4.0 Will Secure Your Wallet With Native Encrpytion

Kit Dotson
2011-09-27

http://siliconangle.com/blog/2011/09/27/bitcoin-0-4-0-will-secure-your-wallet-with-native-encrpytion/


pointer to same article also wsj onespot feed.
http://onespot.wsj.com/business/2011/09/27/a3b43/bitcoin-040-will-secure-your-wallet-with
1866  Bitcoin / Bitcoin Discussion / Re: Silk road on: September 28, 2011, 09:28:01 AM
Bad enough that you don't give a shit about the planet or the suffering of individual animals.. but what have you got against bitcoin?
Can't answer false loaded question, sorry julz.   I'd love for Bitcoin to be used in any way people will realistically use them.    So far I see more talk of underground usage than quote unquote legitimate uses.

Yeah -sorry, it was a 'have you stopped beating your wife' type question for sure.  It was based on my presumption that the only approach that might work with you is an appeal to self interest Wink  

Quote
I'd love for Bitcoin to be used in any way people will realistically use them.  
Hey Mr Rastani, didn't I just see you interviewed on the BBC? Tongue

I understand loving a system like bitcoin which *allows* any use -  but not so much the desire that any and every usecase will actually eventuate.
This is why I'm actually fairly glad the anonymity-level of bitcoin lies in between that of cash and credit cards. The theory being that if the 'crime' is important enough, governments can still throw enough resources at it to get some evidence, but most underground stuff wouldn't warrant it.

Perhaps though in the long run, increased use of systems like tor & i2p will indeed make it effectively anonymous and I should simply learn to be happy with the idea of 'free transactions' being truly free - as in the ideal of 'free speech'.

Right now though, as bitcoin struggles to grow - it just seems bad for business.

That drug transactions might be enabled pales into insignificance compared to some of the other theoretical uses.
Assisting in wildlife smuggling is one that will potentially even alienate a large slice of the pro-drug crowd.




  



1867  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: September 28, 2011, 05:02:19 AM
Some more fairly mainstream coverage in China.  (originally in Chengdu Daily)

Quote
1868  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: September 28, 2011, 04:49:29 AM
While the silver bitcoin thing is interesting - this author doesn't seem to understand that they're not actual bitcoins.
The article would have been much better if it was about the casascius coins.
By the time I saw this article - Erik Voorhees had already corrected him in the comments. Good to see the bitcoin media-watchdogs on the ball!

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Digital Bitcoins Become Real, Shiny

2011-09-27
Conner Flynn

http://technabob.com/blog/2011/09/27/digital-bitcoins-become-real/



Quote
Silver, like gold, is going up, up, up.

Really???
1869  Bitcoin / Bitcoin Discussion / Re: Silk road on: September 28, 2011, 04:41:04 AM
Yeah.. I'm just throwing slaps now while it's just a comment in a hopefully obscure thread.
I get that it just starts as a joke.
BTCP is as an easy slap target I guess because his mouth seems to take things and run a bit... diarrhoea like. 
1870  Bitcoin / Bitcoin Discussion / Re: Silk road on: September 28, 2011, 04:26:44 AM
How many bitcoins to illegally import a koala from Australia to USA? I can probably get high just off of hugging those things all day!  Grin

I swear I've mentioned it before, but who wouldn't want a Silk Road type service for rare and exotic animals?

Screw what mother earth says as far as what animals should live where, I want to have a koala as a pet.  And a panda too.   Drug dealers are known for buying exotic wildlife, in all honesty is this black market already on TOR and I just haven't looked hard enough?

I swear you're a thoughtless motormouth at best, and probably a psychopath.  
Bad enough that you don't give a shit about the planet or the suffering of individual animals.. but what have you got against bitcoin?

To even mention this on a day when other people (you know - ones who *have* consciences) are talking about increasing bitcoin adoption by dovetailing in with the #occupywallst event - just smacks of sabotage.   A very large slice of the #occupywallst type would run a mile from bitcoin if there were evidence of a wildlife smuggling market enabled by bitcoin at this stage. 

Look - this sort of thing and worse will come, and it's no more bitcoin's fault than it is that of traditional cash.. but WTF is your beef with the effort to promote bitcoin in positive light such that you would actively seek and/or talk about this shit now?

Yeah.. free speech and all.. say what you want.. but get a sense of timing Tongue
1871  Other / Politics & Society / Re: BBC Speechless As Trader Tells Truth: "The Collapse Is Coming" on: September 27, 2011, 07:57:49 AM
Their jaws didn't drop at his prediction, but at his callousness.  His advice was on a par with "Let them eat cake."

"Goldman Sachs rules the world."  Jesus Fucking Christ.

This^
Although it's probably not 'surprise' at his callousness - just that he'd be so open about it.

I suspect banks and trading floors are a natural pooling point for sociopaths... and every now and then one forgets to hide it when talking to the outside world.

If it's not so much "forgetting" as "can't be bothered hiding it" - then it seems to me a pretty good sign that Goldman Sachs and their ilk really are just about ruling the world at this point.  

If anything is going to make the average joe genuinely angry enough to turn up to a more serious #occupywallst type situation - it's recession plus guys talking like this.
1872  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: September 27, 2011, 02:35:45 AM
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The Cost of Virtual Currency

Jake Perry
2011-09-26

http://mantlethought.org/content/cost-virtual-currency


'This summer has been bookended by two fairly significant events that have put the concept of virtual money squarely back on the table. The first was the hacking of a Bitcoin (an “experimental new digital currency that enables instant payments to anyone”) account in June, and now the soft launch of Google Wallet, Google’s new Android app that turns a phone into a wallet.'

1873  Economy / Speculation / Re: Bitcoin Technical Analysis on: September 26, 2011, 11:19:37 PM
So what's it good for/why will demand for BTC increase in the future?

Really? I can send Bitcoin to anyone on the internet, without knowing any personal details about them, and they will receive it in a few seconds. This costs me between 0 and 0.0005 BTC currently. They can be confident that the transaction is irreversible after about an hour.

Sending money 'without knowing any personal details about them' isn't exactly a big plus for me..
*receiving* money without knowing any personal details about them could be handy sometimes though.
1874  Bitcoin / Bitcoin Discussion / Re: Bitcoin version 0.4 released on: September 26, 2011, 12:27:46 AM


man, not that btc recycling again,

I'm just bringing it up as a consideration


It's like whack-a-mole   Sad

Seriously - even 20 years is too short a time for this sort of thing. Consider people jailed for political reasons; they should damn well have their bitcoins when they get out.
I sure as hell don't want to have to destroy my bitbills or casascius coins in a few years, and I might want to put them in a vault for 10 years or more.

For a currency which purports to give *personal* control over your money - this idea is a bad joke.

There's no need to recycle old coins.   If concern about large savings (previously thought lost) suddenly coming onto a market with fewer total bitcoins is an issue in oh.. about 100 years from now; they can deal with that by transitioning to another blockchain entirely over a period of many decades.
1875  Bitcoin / Bitcoin Discussion / Re: Article: Citi Bank Slaps Down Bitcoin on: September 25, 2011, 06:45:45 AM
Honestly I would sort of rather the banks didn't take bitcoin seriously as a competitor until it's too late.

This is a good point. There is much more momentum to be gained whilst still 'under the radar' as far as their perceptions of threat are concerned.

Bitcoin needs to grow to the point where some of the smaller banks want a piece of the action, rather than Bitcoin appearing as a leech wanting to piggyback-integrate with some of their existing systems.
1876  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: September 24, 2011, 02:04:40 AM
Quote
Absolute poverty of strategy

Pratik Kanjilal
2011-09-23

http://www.hindustantimes.com/Absolute-poverty-of-strategy/Article1-749404.aspx

"If governments and institutions continue to fumble and bungle in search of economic solutions, libertarian currencies like Bitcoin will look increasingly attractive. Traditional money has become an absolute nightmare.

Relatively speaking, I mean.
"


1877  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: September 24, 2011, 02:00:38 AM
Quote
CoinLab: New center for Bitcoin projects in Seattle

Todd Bishop
2011-09-23

http://www.geekwire.com/2011/coinlab-center-bitcoin-projects-created-seattle

"A group of Seattle entrepreneurs is forging ahead into the uncertain and intriguing world of Bitcoin with a new center for incubating projects and potential businesses involving the digital currency."
1878  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: September 24, 2011, 01:59:35 AM
Doug Casey (An American free market economist and financial author) mentions bitcoins again.
He's not fond of them.

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Doug Casey: Debt, Doom, and Opportunity

20011-09-21
http://howestreet.com/2011/09/doug-casey-debt-doom-opportunity/

"It’s like the perceived value of Bitcoins, as we discussed a few weeks ago; they are just as abstract and without intrinsic value as paper money, but they are not paper money and are supposed to be inflation proof. That was enough to get people to see value in them. They are, to reference the old joke, trading sardines, not eating sardines."
1879  Bitcoin / Bitcoin Discussion / Re: Unknown National Chain Restaurant to Accept Bitcoin This Weekend on: September 23, 2011, 11:31:20 AM
c'mon people...   Please stop hijacking this thread with irrelevant crap.

If it's not directly to do with Bruce's announcement - it's off topic.


There's not really anything to do with Bruce's announcement left to talk about.  He fell for a troll by a goon (one which wasn't even specifically aimed at him initially).

When I see this thread updated - I guess I'm hoping to hear news of a sheepish admission/apology from Bruce.. but I guess that's too much to hope for.

1880  Bitcoin / Bitcoin Discussion / Re: Unknown National Chain Restaurant to Accept Bitcoin This Weekend on: September 23, 2011, 09:49:58 AM
c'mon people...   Please stop hijacking this thread with irrelevant crap.

If it's not directly to do with Bruce's announcement - it's off topic.
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