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Author Topic: Who is behind the curtain and What if they e-print more?  (Read 1354 times)
mrsramos
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June 01, 2011, 07:33:14 PM
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Hi,

I'm new and I was all excited about this but I'm worried about someone hacking into the system and flooding it with bitcoins.

At first I thought there was a head/ lead person who might do this but actually, a Govt. that wants you to use their fiat currency that they devalue would be the most likely person to crack into the system and flood it with coins. The Govt doesn't want you to be free. They tax you through printing money and take  that money and give it to their friends and dictators they control around the world. There has to be some huge repercussions to this. This could really piss them off.

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PLATO
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June 01, 2011, 07:36:01 PM
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ron paul 2012
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June 01, 2011, 07:39:05 PM
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Basically, anyone investing in Bitcoins is betting that it can't be hacked that way. If we're all wrong, then Bitcoin is worthless as a currency and someone will have to either patch it, or come up with a better currency. To me, the cool thing about Bitcoin is that it's a revolutionary idea. Whether the specific Bitcoin code is uncrackable is more of a technical issue.

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June 01, 2011, 07:39:47 PM
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There is no curtain. All the code is open you can read every bit.

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June 01, 2011, 08:07:59 PM
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That's the beauty of open source - everything is in the light for everybody not just for the enlightened ones.

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June 01, 2011, 09:40:53 PM
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Quote
That's the beauty of open source - everything is in the light for everybody not just for the enlightened ones.

Well not technically, how many people here actually understand the nitty gritty details of the protocol? I'm sure enough do but if you're really concerned about trivial bitcoin generation learn some cryptography or hirer a cryptography expert.

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June 01, 2011, 10:11:38 PM
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I'm constantly surprised at how many of my friends that I tell bitcoin about say "well what if the guy who made it just makes more."  After I just finished explaining to them how cryptography and one way functions work.

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June 01, 2011, 10:43:52 PM
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Oh man I just looked behind the bitcoin curtain and all I saw were hundreds of naked, writhing bodies and some kind of multi-armed stabbing robot wading around, beeping at things (and then sometimes stabbing them, obviously). There was a cat high up on a large golden toilet, for some reason. I think he was in charge, as his meows were played over a loudspeaker. Off in the distance were four apes guarding the door to the encryption room. They looked pretty tough, even by famously-rigorous Ape Standards. The biggest one had a nose ring and was wearing brass knuckles on both his hands and his feet.

The screaming alone was enough to deter me from ever wanting to look again. I couldn't imagine someone actually making it through the door into the encryption room, even if they were armed with a good crossbow and perhaps a blackjack or mace. Hmmm a decent sjambok or jutte might work, though, but I don't want to try because my agility is only 7 because I took a lot of points in constitution and charisma.

Anyway, that curtain is there for a reason, pal.

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June 01, 2011, 11:51:26 PM
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Oh man I just looked behind the bitcoin curtain and all I saw were hundreds of naked, writhing bodies and some kind of multi-armed stabbing robot wading around, beeping at things (and then sometimes stabbing them, obviously). There was a cat high up on a large golden toilet, for some reason. I think he was in charge, as his meows were played over a loudspeaker. Off in the distance were four apes guarding the door to the encryption room. They looked pretty tough, even by famously-rigorous Ape Standards. The biggest one had a nose ring and was wearing brass knuckles on both his hands and his feet.

The screaming alone was enough to deter me from ever wanting to look again. I couldn't imagine someone actually making it through the door into the encryption room, even if they were armed with a good crossbow and perhaps a blackjack or mace. Hmmm a decent sjambok or jutte might work, though, but I don't want to try because my agility is only 7 because I took a lot of points in constitution and charisma.

Anyway, that curtain is there for a reason, pal.

How many bitcoins a month to get your ass full-time continuing THGTTG saga?
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