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Author Topic: They scoff at the name MTGox?  (Read 1170 times)
101111
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April 22, 2013, 03:16:56 AM
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In the press etc you occasionally see people don't take bitcoin seriously, pointing to the name 'Magic the Gathering' as one indicator.

In reality 'Magic the Gathering' would be a more suitable name for the US Federal Reserve (ie Goldman Sachs), as they magically conjure trillion$ from thin air and spin the numbers as they see fit, not to mention siphon off billions per year in bonuses.
There are several different types of Bitcoin clients. Header-only clients like MultiBit trust that the majority of mining power is honest for the purposes of enforcing network rules such as the 21 million BTC limit. Full clients do not trust miners in this way.
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April 22, 2013, 03:32:26 AM
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They also like to call Satoshi a hacker.

They are obviously trying to mean it in the new evil connotation but he does not even fit the original definition.

I could see if Bitcoin was created from piecing together parts of other computer programs but it is an original creation.

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April 22, 2013, 04:42:34 AM
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They also like to call Satoshi a hacker.

They are obviously trying to mean it in the new evil connotation but he does not even fit the original definition.

I could see if Bitcoin was created from piecing together parts of other computer programs but it is an original creation.

Hacking is cool. Lots of modern programmers like to be called hackers even when they aren't. I'm sure Satoshi has other things to concern him more than what labels the popular press put on him.

Better than being called a script kiddie anyway  Grin
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April 22, 2013, 11:40:10 PM
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The term hacker originally means someone who hacks at their keyboard to solve computer problem.  A step above code-monkey.  The people the press now refer to as hackers would have previously been known as crackers.  As in password crackers for example.

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April 22, 2013, 11:45:58 PM
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The term hacker originally means someone who hacks at their keyboard to solve computer problem.  A step above code-monkey.  The people the press now refer to as hackers would have previously been known as crackers.  As in password crackers for example.


I agree, but this is arguable.


There is a tale that the term 'hacker' arose from prominent U.S. university student/faculty?, circa 1970's, purposefully breaking software to explicitly demonstrate the insecurity of ever increasingly complex programs.


Hackers were showing the inexperienced, or willfully ignorant, programmers that they were not debugging and unit testing their programs properly.



"Bitcoin has been an amazing ride, but the most fascinating part to me is the seemingly universal tendency of libertarians to immediately become authoritarians the very moment they are given any measure of power to silence the dissent of others."  - The Bible
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