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kbriggs (OP)
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February 11, 2011, 09:40:42 PM
 #1

Has Bruce Schneier ever commented on Bitcoin?  I searched his website but didn't find anything.
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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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Michael Hendricks
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February 12, 2011, 03:23:26 AM
 #2

Has Bruce Schneier ever commented on Bitcoin?  I searched his website but didn't find anything.

I've never found any comments about it from Bruce.  That's why he's my #1 candidate for being the real Satoshi Nakamoto  Wink
Hal
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February 12, 2011, 04:35:37 AM
 #3

There was some discussion on the cryptography mailing list two years ago (much of it poor quality unfortunately IMO):

http://www.mail-archive.com/cryptography@metzdowd.com/msg09959.html

The thread links are screwed up after the first two messages; skip to:

http://www.mail-archive.com/cryptography@metzdowd.com/msg09966.html

and from there you can follow the Thread right-arrow at the top left.

There was another flurry of messages when the client was released:

http://www.mail-archive.com/cryptography@metzdowd.com/msg10142.html




Hal Finney
kbriggs (OP)
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February 12, 2011, 05:21:38 PM
 #4

There was some discussion on the cryptography mailing list two years ago (much of it poor quality unfortunately IMO):

I clicked through the thread but didn't see any from Schneier.  It would be nice if he would mention it in his monthly newsletter. I'm kind of shocked he hasn't already.
stakhanov
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February 12, 2011, 05:31:19 PM
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I wonder what a bad article from Schneier would do to the exchange rate...
kbriggs (OP)
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February 12, 2011, 08:27:50 PM
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I wonder what a bad article from Schneier would do to the exchange rate...

Why would you assume it would be a "bad" article?  I read his Applied Cryptography book back in the 90's. It's one of the reasons I got interested in cryptography.

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Michael Hendricks
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February 12, 2011, 08:50:02 PM
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I wonder what a bad article from Schneier would do to the exchange rate...

It would probably suffer in the short term, but after fixing his concerns, Bitcoin would be stronger and long-term exchange rates would probably be healthier.  At this early stage of the project, I think attacks and criticism are just what we need.
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February 13, 2011, 01:05:22 AM
 #8

Thanks Hal for posting those links.  They helped answer some questions I had concerning the origins of blocks.  I'm still uncertain where the data for the coins themselves (non-transactional hashes) come from however.  I'll keep reading.
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