801
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Bitcoin / Legal / Re: Chess and gambling
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on: June 25, 2012, 10:02:03 PM
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Chessbase is one of the world's largest chess site. They are selling "ducats" for euros to pay for chess lessons or chess games with grand masters. Why not get them to offer bitcoins instead of these crummy ducats of theirs.
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802
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Bitcoin / Bitcoin Discussion / Re: Bitcoin is NOT a decentralize currency
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on: June 25, 2012, 09:45:13 PM
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Actually, in America the number that don't pay anything would have started out as 5, and the one rich guy would be paying closer to $70. The top 5% in the US pay roughly 80% of the total taxes. That's not a tax rate, mind you, that's the net total tax revenue. 49% of the population pays zero net taxes to the federal government, and roughly half of them get more from federal programs and grants than they pay in. I should know, I'm one of those who get back as much as I pay in. The irony there is that I pay in a lot. I earn a great deal of money, upper middle class even by US standards; yet I have a lot of deductions and tax credits. For example, I'm a foster parent; so the government (via block grants to states, and then the state to me) pays for the expenses of those fosters. Althouh that is mostly just a repayment, I do literally receive just about as much money via those reimbursements than i pay in federal taxes. And I'm in a middle class tax bracket, and paid in about $13K last year.
Interesting observation about your cash flow statement. On the other hand (as the famous one-armed economist would say), you and I and everybody else in a developped country have a lot of public assets on our balance sheet like roads you can travel, hospitals, mostly educated people around you, etc Having said that, @OP, the bitcoin money supply mechanism is both decentralized and self-regulated: there is no incentive to hoard beyond a certain, stable equilibrium point where the two functions of money (store of value and medium of exchange) are fulfilled optimally. Because bitcoins are infinitely divisible (I know about satoshis being handled as integer numbers by the current reference implementation but that is not cast in concrete), the exact position of the equilibrium point is irrelevant (we can have 99% percent hoarding at equilibrium and still enjoy a fully functional monetary system).
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803
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Bitcoin / Bitcoin Discussion / Re: Reducing the wealth concentration of Bitcoin
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on: June 25, 2012, 09:20:34 PM
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We are listing these bitcoins for sale on a number of bitcoin exchanges, starting now, to give as many people as possible the opportunity to buy.
We have them on
Mt. Gox Bitfloor CampX BitStamp
50,000 BTC are up for grabs (not all at once obviously).
Tony, you should definitely consider having some for sale on Bitcoin-Central, for the sake of decentralization
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805
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Economy / Goods / Re: Bitcoin Checks
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on: June 20, 2012, 08:42:58 PM
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I got my sample today, thanks. Only 5 days to cross the Atlantic via snail mail ! I aggree with enmaku: the "see through" weakness is serious and was clearly identified by Bitbills when they first came out. You want to double the metal hologram sticker with one on the back. I remember the Bitbills guy explaining how he had tested an electronic microscope in its "see through" capacity. Only a dual metal layer can mitigate the risk albeit not entirely.
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806
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Local / Discussions générales et utilisation du Bitcoin / Re: Virement
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on: June 20, 2012, 08:31:10 PM
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En fait je ne t'avais meme pas parler de client a telecharger parce que dans ton cas c'est peut etre pas la peine.
Je veux dire par là qu'une fois que tu as acheté tes bitcoins sur bitcoin-central, tu peux retirer le montant de ton achat directement à l'adresse que te donnera le site en question, plutot que les retirer sur ton portefeuille bitcoin, puis les envoyer au site.
J'avais pas vu l'achat direct en ligne.... Et moi qui fais tourner le logiciel depuis hier. Oui, un client lourd comme le client "officiel" est plutôt long à télécharger. C'est pourquoi nous avons développé paytunia, une application de wallet "hébergé", comme ton compte bitcoin-central. Bitcoin-central est spécialisé dans le trading (achat/vente de bitcoins contre des euros ou autres devises). Pour l'utilisation courante (après l'achat des bitcoins, pour les utiliser) paytunia est très pratique, notamment grâce à sa version mobile pour android. Pour iphone, nous préparons une version HTML5..
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807
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Bitcoin / Bitcoin Discussion / Re: Using MEMES to explain bitcoin's appeal, its problems, and my proposed solution
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on: June 20, 2012, 03:12:32 PM
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Have you tried to get paypal to reverse a person to person payment ?
If your account gets hacked, they absolutely will. Sorry, but you answered a question I did not ask. My question was, have YOU tried ? Obviously, you haven't. If you did, how would paypal know which side to take ? When a consumer disputes a charge form a business, it's their policy to side with the consumer and let the business eat the cost of the fraud. The business in turn will factor in the cost of the fraud so everybody is paying for it at the end of the day. In a p2p payment, it's just too easy to pretend your account was hacked so the same policy cannot be applied.
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808
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Bitcoin / Bitcoin Discussion / Re: Bitcoin crypto is from the 20th century - how long can it last?
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on: June 20, 2012, 01:25:36 PM
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I would say that ECDSA is Bitcoin's "core crypto." If someone found a flaw in SHA-256, Bitcoin would be disrupted but could be resumed with a new hashing method from some point before SHA was broken. Breaking SHA256 doesn't allow you to spend other people's bitcoins. If ECDSA was broken, you can spend anyone's Bitcoins, and the entire thing is tits up.
True. One could say even that the crypto is from the 17th century because that's when Fermat stated his Last Theorem that gave birth to elliptic curves in finite fields theory.. It took mathematicians from all over the world more than 350 years to come up with a valid proof of the theorem. I would not worry too much about how fast ECDSA will be "broken "
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810
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Economy / Service Announcements / Re: New, simple online wallet: www.instawallet.org - no signup required
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on: June 19, 2012, 04:19:19 PM
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The FriendlyPay app is now available on the appStore for iOS device: it's a mobile version of instawallet, using instawallet.org as backend.
Tested this app. now. Good work, extremely simple like Instawallet itself, I like it, this has great potential. Thanks ! (that's a bump) Unfortunately Friendlypay was pulled from the appstore by Apple's anti-bitcoin patrol today..
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811
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Local / Discussions générales et utilisation du Bitcoin / Re: Votre avis avant lancement du projet.
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on: June 19, 2012, 02:13:56 PM
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@OP Si tu le fais, utilises les firstbits de l'adresse bitcoin pour l'adresse mail: elle sera plus facile à saisir ! Il faudrait signer une transaction depuis l'adresse pour pouvoir l'obtenir.
Ou alors imposer peut être au moins 10 ou 12 caractères pour éviter les collisions (surtout pas de vanity addresses) si l'utilisateur veut un minimum de sécurité, sans sign up. Tout dépend de l'usage qu'en font les gens.
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812
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Economy / Trading Discussion / Re: What's the difference between InstaWallet.org and EasyWallet.org?
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on: June 18, 2012, 06:14:10 PM
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I wanted some additional features over instawallet - such as mobile usage (easywallet.org is very quick and fast to use with iPhone with QR code scanning), and more anonymity (new addresses generated automatically each time one is used).
FYI Instawallet actually has a full-fledged iPhone app, it's called FriendlyPay, Android one is on its way, and it doesn't take fees on outgoing transactions. Instawallet now also has a nice websocket API that will push balance updates in real-time without relying on long-polling. The android app is now available (search "instawallet" in Google Play applications)
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813
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Economy / Service Announcements / Re: [ANN] Easywallet.org - web based wallet, iPhone/Android clients with QR Codes
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on: June 18, 2012, 05:47:17 PM
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2. I find that FriendlyPay is pretty much useless compared to the standard mobile-friendly web version since you don't seem to be able to send payments with it.
You can send funds from FriendlyPay How so? On mine (iPhone version) all it does is: 1. Generates a QR code for scanning 2. Allows me to add additional wallets 3. Allows me to export the wallets 4. Allows me to share the wallet I can't figure out how to send a payment to a btc address and I am unable to copy my btc payment address for pasting into another action. Am I missing something? To share your address via email or sms or copy it to clipboard, tap the "share" icon. To send a payment, 1/ select a funded wallet (the "send coins" button does not show up on a zero balance wallet), 2/ pull up (scroll) the QR code tab to reveal the "send coins" button. 3/ the send button triggers the camera for scanning your destination address QR code 4/after the scan, you are prompted to enter the amount and validate: that's it ! By the way, the android version of instawallet is available too via Google Play, search "instawallet"
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815
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Bitcoin / Bitcoin Discussion / Re: Shouldn't the offcial Bitcoin client be advertised as running your own bank?
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on: June 18, 2012, 03:24:43 PM
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This might help alleviate some confusion people are having with blockchain download time.
It's not a small utility program to send and receive bitcoins as many newcomers might think. It's a full-fledged Bitcoin Bank node with certain requirements for HDD space, processing power and security.
And then if they don't want their own bank they are free to choose lite clients or e-wallets. What do you think? Having to maintain the blockchain is nothing compared to what's needed to have your own fiat bank, this should buy us some time.
The bitcoin "official" client is software that enables people to manage themselves money deposits and transfers, just faster and cheaper than their bank does. Loading and maintaining an up-to-date local database of transactions is the only fixed price to pay to the p2p network (aside from the tx fees that are a variable cost).
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816
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Bitcoin / Bitcoin Discussion / Re: Bitcoin Wallet Security Methodology
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on: June 18, 2012, 02:50:10 PM
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Interesting. However what does the whole process tell us about the usability of a heavy mobile client requiring secure backups ? That's why I recommend the Paytunia thin client for android : most people don't want to worry about backups and are better off with a wallet hosted on a backend server.
Besides, last time I tried to update Bitcoin Wallet on my Galaxy SII, I had to root the device to recover my key because some bug prevented me from signing any more transactions.
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818
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Bitcoin / Bitcoin Discussion / Re: Using MEMES to explain bitcoin's appeal, its problems, and my proposed solution
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on: June 18, 2012, 07:50:19 AM
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decent paper. I dont agree with problems 2 and 3.
2 - If that is your argument the average person is just as likely to have money stolen from there PP account as there bitcoin wallet. 3 - it is "hard" to get bitcoins but there are legitimate sites to go through which you dont need to worry about scamming.
Agreed that some exchange websites are probably trustworthy, but I haven't decided which ones yet. Also, Paypal can undo fraudulent transactions . . . Have you tried to get paypal to reverse a person to person payment ?
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819
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Bitcoin / Bitcoin Discussion / Re: Bitcoin's Usefulness - So utterly apparent
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on: June 17, 2012, 05:04:37 PM
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At Paymium, we did our best by releasing a greek translation of Paytunia for android last week..
And that's why I love you guys and promote your app all the time Thanks Erik. If only we could get it in the appstore By the way, I have no idea how many android smartphones there are in Greece that could download the greek flavor..
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