1342
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Other / Politics & Society / Re: Leave Facebook if you don't want to be snooped on, warns EU
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on: March 26, 2015, 08:56:37 PM
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Just another great example of if you are not paying for something, you are the product not the customer.
I think it's great that the EU take privacy so seriously.
Most internet services are like that. I guess the internet would be quite expensive to use if you had to pay for every service. in other terms developing a solution to this problem could exist in cryptography outside of a centralized network such a as facebook as we know it today.
Technically you could do that, but nobody is going to use it (remember diaspora?), because centralized services do have a budget for marketing, support in case anything goes wrong and a user friendly interface.
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1343
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Other / Politics & Society / Re: Leave Facebook if you don't want to be snooped on, warns EU
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on: March 26, 2015, 07:25:55 PM
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Nothing ironic about it, The Guardian was one of the news outlets involved in the initial publication of the Snowden leaks...
Are you really defending the actions of this guy? He worked for the NSA and sold their intel to the media / Russia instead of changing the way the NSA is gathering information as an employee...
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1344
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Other / Politics & Society / Re: Leave Facebook if you don't want to be snooped on, warns EU
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on: March 26, 2015, 06:55:20 PM
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Facebook where do i start, the moment you sign up you are a extra $50 for them for marketing purposes nothing else, then you go and put your favorite 'family' pictures on there (guess what?) they no longer belong to you they are now property of facebooks hidden agenda. When you write a update/status the moment you publish thats right it no longer belongs to you.
Never needed this article you just need to read the terms of service lol
Hidden agenda? It's just part of the deal: you're getting access to Facebook, but they're using your information. You don't have to choose between those two, you can not use Facebook and you can not give any information to the Guardian...
I know, but it's ironic that this article was published on The Guardian.
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1348
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Economy / Economics / Re: destroying bitcoins
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on: March 26, 2015, 12:53:59 PM
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Reducing supply does not necessarily mean it will maintain or increase demand.
If you want to have a positive impact on the Bitcoin economy spend some coins.
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1349
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Economy / Speculation / Re: Technicals are bad but...
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on: March 26, 2015, 01:11:21 AM
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It's foolish to think that an offer on OTCQX is going to get Bitcoin to $100,000+.
However I'm pretty sure that GBTC will get more than 70 million USD in the first year.
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1351
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Other / Beginners & Help / Re: Selling bitcoins on localbitcoins for prfoti?
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on: March 25, 2015, 05:07:41 PM
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Cash trades are usually good - just make sure to check for security features on the bills you receive.
You should read learn about the risks of payment options, before you start doing anything else. Trading with Phone/Email/ID verified accounts improves your operational security, but you still have to be careful.
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1353
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Bitcoin / Bitcoin Discussion / Re: Who holds the coins in a decentralized exchange?
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on: March 25, 2015, 04:34:35 PM
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Examples like LocalBitcoins aside, I can't think of any way how an electronic fiat-crypto exchange could be implemented in a decentralized manner. Electronic fiat requires the existence of bank accounts since there would need to be a place to actually put the fiat in. And anything that requires bank accounts must, by definition, be centralized.
That's why I'm more interested in the prospect of decentralized crypto-to-crypto exchanges since that seems like a far more realistic goal. All coins are just code after all.
You could make a decentralized crypto-to-crypto exchange, but that's a tiny market and I think sidechains will make most altcoins obsolete.
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1355
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Other / Off-topic / Re: Opinions on Investing in Gold and Silver
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on: March 24, 2015, 01:10:29 AM
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I only buy government minted bullion. Americans like junk silver, but for me gold maples are the cheapest.
I'm not Canadian, but I own some maples too. Here in Austria many banks are selling gold coins and small gold bars (I don't know if you could sell to them tho) It costs me 10% to get in and out of silver. ~3% for an oz of gold, less for a kilo.
In many countries gold is tax-free, but silver isn't.
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1356
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Other / Meta / Re: VOD - Abusing Trust System
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on: March 23, 2015, 06:08:12 PM
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I think you are missing the point, green trust doesn't mean you or someone else should not use an escrow. So also if a "scammer" will buy a positive trust forum account he cannot scam, because everyone know that "we" should use always an escrow.
I'm pretty sure that many newbies could be tricked. Well having positive trust means that your account has additional value and there is no reason why you should not try to get all of the value out of something when you sell it, that is how a free market works.
There are plenty of non scam reasons to buy a positive trust account, the prestige of having positive trust, the ability to potentially offer your services that would only be able to be sold by people with positive trust, are only two reasons that come to mind.
What's the point of a trust system if people are selling trust? Trust is like love, if you buy it, it's fake.
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1357
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Other / Meta / Re: VOD - Abusing Trust System
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on: March 23, 2015, 05:54:58 PM
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I think because it is not against the forum rules selling & buying forum accounts, or am I wrong? There are a few trusted users that are selling accounts here in the forum (for example Quickseller).
I have no problem with buying / selling accounts in general (you can use them to join signature campaigns,etc.), but selling accounts with positive ratings is very questionable IMO
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1358
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Other / Meta / Re: VOD - Abusing Trust System
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on: March 23, 2015, 05:46:07 PM
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What I call abusing the trust system is selling rated accounts like this person here. I'm wondering why this post has not been reported and why there's no negative rating on this user. Edit: Just realized that the person who owns this account is willing to get the ratings removed.
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1359
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Economy / Economics / Re: How many bitcoins do governments and central banks own?
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on: March 23, 2015, 02:55:06 PM
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just to lobby against bitcoin altogeather, like they do against everything else that doesnt suit them.
Really? There are Bitcoin businesses and people making money with Bitcoin in most countries. Do you really think an economy like Russia will be better off by banning Bitcoin than the UK?
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1360
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Economy / Economics / Re: How many bitcoins do governments and central banks own?
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on: March 23, 2015, 01:49:30 PM
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It seems like this could represent another ongoing "success" indicator.
While some U.S. states are planning to accept Bitcoin for payments (New York, Utah, New Hampshire) I don't think that any government or central bank already owns bitcoins that are part of their budget (only from seizure)
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