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Author Topic: 2013-02-27 dailydot.com How to Get and Spend Bitcoin  (Read 710 times)
Piper67 (OP)
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February 28, 2013, 03:06:00 AM
 #1

http://www.dailydot.com/society/bitcoin-how-to-buy-spend-digital-currency/
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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hamdi
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February 28, 2013, 01:46:37 PM
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pretty negative.
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February 28, 2013, 02:31:20 PM
Last edit: February 28, 2013, 02:41:24 PM by deepceleron
 #3

Pretty misinformed:

Quote
...some have taken mining to an extreme, attempting to use processing power to find and collect more of the currency than they were designed to find in the normal use of the system.

Quote
To download your Bitcoins, you will probably want to first download a Bitcoin client

Quote
Any fees are small and issued by Bitcoin exchanges

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You can host them on your computer or use a cloud-based service. The computer-hosted version takes longer to validate a transaction

And what manner of grammar be this?

Quote
Some law enforcement agencies fear the use of Bitcoin by criminals and even terrorists has the potential to dramatically increase.

I guess I'm supposed to insert my own commas:
Some law enforcement agencies fear the use of Bitcoin by criminals, and even terrorists has the potential to dramatically increase.
Some law enforcement agencies fear the use of Bitcoin, by criminals and even terrorists, has the potential to dramatically increase.
Some law enforcement agencies fear the use of Bitcoin by criminals, and even terrorists, has the potential to dramatically increase.

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