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Author Topic: 2012-06-19 Forbes.com - TORwallet makes legal recourse impractical  (Read 2219 times)
Gladamas (OP)
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June 19, 2012, 05:52:31 PM
Last edit: June 19, 2012, 06:33:41 PM by Gladamas
 #1

Forbes: TORwallet, a Bitcoin wallet and mixing service, makes legal recourse against Bitcoin users impractical by anonymizing transactions.

http://www.forbes.com/sites/jonmatonis/2012/06/19/torwallet-sparks-trust-without-jurisdiction-debate/

I vehemently disagree with this one section of the article:
Quote
Obviously, the cashless society people do not want [a coin anonymizing service] because full transaction traceability is the unstated motivation behind eliminating cash. Don’t fall into this complacent attitude of a ‘cashless society represents the future’ because if we lose the monetary privacy features that we already have, it is a grim future indeed! Game over.

Please discuss.

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June 19, 2012, 06:10:19 PM
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The terms "cashless society people" and "Bitcoiners" are not equivalent. There are definitely people who want to take society cashless in non-Bitcoin ways and in some circles, traceable (and therefore legally actionable) transactions are considered preferable. I think Forbes is mixing us in with a larger group and failing to grasp that while opinions vary in the larger group, we Bitcoiners tend to be at least a little more homogeneous.
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June 19, 2012, 06:11:41 PM
 #3

The terms "cashless society people" and "Bitcoiners" are not equivalent. There are definitely people who want to take society cashless in non-Bitcoin ways and in some circles, traceable (and therefore legally actionable) transactions are considered preferable. I think Forbes is mixing us in with a larger group and failing to grasp that while opinions vary in the larger group, we Bitcoiners tend to be at least a little more homogeneous.
I don't think Matonis meant bitcoiners at all, the "cashless society people" are more like those that want to use paypal for everything. And I agree that they likely have such ulterior motives.

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June 19, 2012, 06:32:17 PM
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The terms "cashless society people" and "Bitcoiners" are not equivalent. There are definitely people who want to take society cashless in non-Bitcoin ways and in some circles, traceable (and therefore legally actionable) transactions are considered preferable. I think Forbes is mixing us in with a larger group and failing to grasp that while opinions vary in the larger group, we Bitcoiners tend to be at least a little more homogeneous.
Yeah I think that was a BTC supporting comment too. OP just misread (understandable with that sentence).

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Gladamas (OP)
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June 19, 2012, 06:33:23 PM
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Yeah I misinterpreted that sentence.

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June 20, 2012, 05:02:18 AM
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Wow, we made Forbes! Never expected that to happen!
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June 20, 2012, 05:15:38 AM
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Wow, we made Forbes! Never expected that to happen!

Happens all the time.  Matonis frequently posts articles on Forbes online.  Last year there was an article in Forbe's print magazine.  It was a nice article, IIRC.

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June 20, 2012, 05:19:56 AM
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Wow, we made Forbes! Never expected that to happen!

Happens all the time.  Matonis frequently posts articles on Forbes online.  Last year there was an article in Forbe's print magazine.  It was a nice article, IIRC.

Pretty sure he meant "we" as in "torwallet" specifically, not Bitcoin in general  Grin

But yeah, last year's Bitcoin article in Forbes was pretty nice as I recall.
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June 20, 2012, 05:26:43 AM
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Happens all the time.  Matonis frequently posts articles on Forbes online.  Last year there was an article in Forbe's print magazine.  It was a nice article, IIRC.
Does he lurk/post here on the forum?
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June 20, 2012, 09:57:53 AM
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Of course he does: matonis.

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June 20, 2012, 10:19:53 AM
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Wow, we made Forbes! Never expected that to happen!

Happens all the time.  Matonis frequently posts articles on Forbes online.  Last year there was an article in Forbe's print magazine.  It was a nice article, IIRC.

Pretty sure he meant "we" as in "torwallet" specifically, not Bitcoin in general  Grin

But yeah, last year's Bitcoin article in Forbes was pretty nice as I recall.

Derp.  I didn't look at his name.

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September 19, 2012, 07:01:28 PM
 #12

Please discuss.

As a public service message, I wanted to update this thread to note that there are reports that users of this Tor Wallet service are not getting their coins back:

 - http://bitcointalk.org/index.php?topic=87387.0

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September 20, 2012, 12:09:13 AM
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Why was this article brought to the top again after two months? I went to read it and then realized this was old news.

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September 20, 2012, 01:06:48 AM
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Why was this article brought to the top again after two months? I went to read it and then realized this was old news.

read one post up ... word on the street is that users of this site just got jacked.
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September 20, 2012, 02:32:42 AM
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Why was this article brought to the top again after two months? I went to read it and then realized this was old news.

read one post up ... word on the street is that users of this site just got jacked.
Ah, I see. I thought it was a new thread today trying to re-promote them but just a new post.
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