Actually yes, if just a man had a profile on this system, he'd have made a deposit. After defaulting on his agreement he'd lose that deposit, the funds for the trade would have been in escrow and would be safe.

On top of that just a mans credit rating would take a hit, and his default would permanently be on his record for anyone doing future dealings with him. And because his profile is tied not just to his facebook profile, but that of his friends he can't just come back with a new accout (he could but his credit rating for a newly created accout would be so low no one would trust him).

Clearly we need a bitcoin will application, such that if the person dies, or they haven't logged into their account for..... a year then an email with details the account will be sent to a pre-designated address along with an explanation.

Could set it up to send an email to the owners account before doing this, just to try and get some response from them, making sure they're not dead.

Need a reputable person to act as bitcoin treasurer for our venture below.

http://bitcointalk.org/index.php?topic=3370.0

Reward will be in equity if you're not already an investor.

Looking for a bitcoin treasurer. Get in contact, must be reputable.
Second secretary position has been filled.

I'm not saying you should, I'm just adding my own suspicions when I began doing business with him. How else could he offer hosting so cheaply? It's like buying goods from someone on the street for far below what they cost in the shop. You know that if those goods are original then they either stolen or fell off the back of a truck or something.

Bottom line is use escrow for everyone, good bad ugly, whatever, and have a basic agreement, a basic contract. Avoid "gentlemen agreements", because real gentlemen will go through an escrow if you ask for it. And they themselves should be happy for the extra security it provides.

I got a server from just a man for a month period when he started over a month or two ago. It went fine, was super happy with the server etc.
Coming up to the second month I pm'ed him asking if we were still ok to continue, he got back to me saying he couldn't. Which was ok, no loss for me I was using it as a high bandwidth i2p node.

Then he got on to me offering more servers, and since I needed hosting for the usercredit rating service were building I thought it was a great deal(it was), 120btc for 6 months.

However, we made an agreement that the entire fee would be paid into clearcoin for the period, and if he broke his end of the agreement he'd lose the payment (if I broke the terms of the hosting contract the same would happen to me).

He made good and set up the server, again I was happy with it. I was about to put the btc into clearcoin when I got the same email as everyone else here.

I really do think the guy lost his job. He was probably an admin at a hosting company and thought he could make some btc on servers that were not being used (without telling his boss). This is why I was able to get a dedicated server for only 10btc that first time, and why the prices were so good. It's also why he's been moving others around onto different servers. Requests came in for the servers and he'd have to move us off them (as we were the illegitemate customers) onto something else temporarily.

I'd say his boss caught him and fired him. Which is understandable.

The end result is that an escrow service should be used at all times, not just with people you don't quite trust. As people, even trustworthy ones get into bad situations that can make them do things they would not otherwise do. Always use escrow, clearcoin is a great example, and it's operated by one of the bitcoin devs, he's got a great reputation. On top of that it's free for transactions below 100btc, so use it why not?

That might not be a terrible thing, look a /b/ on 4chan

Could have our own /b/ board

Bad news.

If it won't cause the forum to be shutdown then I see no reason to ban anything. With the exception of childporn. There are some things that people wont tollerate and thats anything to do with childporn.

If that were being discussed in the forum, aka "selling wild pics of kids for btc" sort of thing then thst will bring large groups in attacking not just bitcoin but the forum too. That would make us a major target for politicians, the media and others.

At least until the forum is hosted as a tor hidden service and accessed only through a tor inproxy or someting.

Dingus got what was coming to him 

We've also have a couple more signers, they should have articles for the next issue and they'll be getting whats coming to them! 5BTC

Got something good to say, then get paid for saying it!

Good, we'll take that then.

Dave, we may take you up on this, what's the servers specifications?

Visit the Bitcoin Weekly at http://weekly.co.nr

With thank to Vladimir our original sponsor last week, Kiba our editor and Dingus our writer.

Since Facebook can and do revoke credits I can't see much point in using something like that. I think they're trying to follow up on Tencents QQcoins

This is great.

We could call the whole thing "Bitcoin: the long march" ahahahahahha

Thank you.

Great, we'll be looking to start collecting the funding on Friday, try to have it ready by then.

Update 3: Hosting confirmed, we've got 6 months on a dedicated server for a price of 120btc. With thanks to just a man for providing this.

That depends on the licencing issues raised by integrating parts of BC into it. Does it cause any issues or are we free to go ahead and pick our own licence?

I would say that your opinion is sound in it's reasoning.