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Author Topic: Bitcoin is making very good progress!  (Read 1774 times)
Giulio Prisco (OP)
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February 07, 2011, 04:20:18 PM
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I have not visited this forum or used bitcoin for a few months and I am very pleased to see some real progress. Now the Wikipedia article looks very respectable and bitcoin is mentioned every day by respected sources.

Today I have reinstalled bitcoin on my current PC, restored my walled and made my first real transactions in Bitcoin: a donation to the EFF and an one year subscription to the Mullvad (https://www.mullvad.net/en/) VPN (very easy to use, accept payment in Bitcoin, recommended).

I look forward to participating in the development of the Bitcoin economy!
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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Cryptoman
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February 07, 2011, 05:03:57 PM
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+1 on Mullvad.  Good people and good service.

"A small body of determined spirits fired by an unquenchable faith in their mission can alter the course of history." --Gandhi
Giulio Prisco (OP)
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February 08, 2011, 08:14:07 AM
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+1 on Mullvad.  Good people and good service.

I have the same impression. But of course this and other privacy services could be honeypots. They also offer to download the client in source code, and I assume the source code has been checked, but the vast majority of users will just download the binary, and there is no way to tell whether it has been generated by the same source.

I am not saying that this is the case for Mullvad. But if privacy and crypto take off again, and if Bitcoin takes off, all security and regulatory agencies will be there, and there will be lots of traps and honeypots.
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February 08, 2011, 09:45:42 AM
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+1 on Mullvad.  Good people and good service.

Yes this has also been my experience, they were quick to respond and I am happy with the price. I don't really care about honeypots as I use Mullvad to get around the Great FireWall of China.

PGP key id at pgp.mit.edu 0xA68F4B7C

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February 08, 2011, 02:52:31 PM
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I reviewed the source and it's standard OpenVPN.

The risk, as I see it, is they are actually keeping logs - contrary to what they say. While unlikely, it is possible - so feel free to use rotating proxies or a different connection first, multiple layers are always better than one.

but +1 here as well. Need more of these in govt-friendly jurisdictions.
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February 08, 2011, 02:57:30 PM
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I reviewed the source and it's standard OpenVPN.

The risk, as I see it, is they are actually keeping logs - contrary to what they say. While unlikely, it is possible - so feel free to use rotating proxies or a different connection first, multiple layers are always better than one.

but +1 here as well. Need more of these in govt-friendly jurisdictions.

Did you say they ARE keeping logs or they CAN?

One is speculation, the other is an accusation.

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February 08, 2011, 03:02:12 PM
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I reviewed the source and it's standard OpenVPN.

The risk, as I see it, is they are actually keeping logs - contrary to what they say. While unlikely, it is possible - so feel free to use rotating proxies or a different connection first, multiple layers are always better than one.

but +1 here as well. Need more of these in govt-friendly jurisdictions.

Did you say they ARE keeping logs or they CAN?

One is speculation, the other is an accusation.

No, I meant they CAN. I think it's very unlikely they are keeping logs. But there is no way to know for sure.
Giulio Prisco (OP)
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February 08, 2011, 03:36:03 PM
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I am sure they are good folks. But in intelligence you must assume the worse based on capabilities, not intentions.
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