[RANSOM] Bitcoin Weekly Business Model Experiment

[Vitalik Buterin]

Hey, guys. Us folks at Bitcoin Weekly (http://bitcoinweekly.com/) are running low on cash, so we've decided to try a novel business model to get things rolling. We got an article locked up, Bitcoin for Individual-to-Individual Transactions and Community Trade, by me, and we're not giving it up until a total of 0.500 BTC (as of my original writing this 0.319 remaining; you can check progress here: http://blockexplorer.com/address/1JYXS3dpHjk9MT7U6oXNKwfVeubW41iWkf) is placed into that address. So if you like Bitcoin Weekly, or you're feeling generous right now, or perhaps you got a sudden windfall from one of those pyramid schemes, or you're just plain bored, please consider donating to us! We are, of course, still continuing to release other articles, and remember: all our content is public domain! If our experiment succeeds, we'll keep doing it and even set up an automated system to show the ransom on our website, and hopefully we'll get a nice steady revenue stream going so we can expand our operations and pay more to our writers.

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[kiba]

Balance remains at 0.181 BTC.

Everyone, please consider donating at least 1 bitcent.

[kiba]

Bitcoin Weekly now have .286 BTC in the ransom address.

.214 BTC to goes until ransom amount is raised and then we can release a new article.

[kiba]

Donation amount to the ransom address had not changed since my last report.

[graingert]

can you release the SHA512 hash of the article now?

[Sukrim]

Yeah, it would be actually cool to release it as encrypted archive (7zip uses a quite solid AES implementation) and release the key automatically, once 0.5 BTC are shown on Blockexplorer.

[kiba]

I am not sure if that is necessary. More complexity and more works for me.

[kiba]

We now achieved .50 BTC. Release of article commencing...

[kiba]

Article is now published: http://www.bitcoinweekly.com/articles/bitcoin-for-individual-to-individual-transactions-and-community-trade

[Sukrim]

I am not sure if that is necessary. More complexity and more works for me.

Creating an encrypted archive and posting it in a thread can be done in less than 30 seconds... the automated check if enough money has been accumulated can be done later too.