Bitcoin Forum
April 26, 2024, 08:33:06 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Article - Bitcoin, Bernanke, and My Lunch Money  (Read 1128 times)
evoorhees (OP)
Legendary
*
Offline Offline

Activity: 1008
Merit: 1021


Democracy is the original 51% attack


View Profile
August 31, 2011, 04:41:22 PM
 #1

Hi all, I was asked for a write-up on Bitcoin for Silver Circle's blog. This was posted today (don't forget to reddit!):

http://silverunderground.com/2011/08/bitcoin-bernanke-and-my-lunch-money/
1714120386
Hero Member
*
Offline Offline

Posts: 1714120386

View Profile Personal Message (Offline)

Ignore
1714120386
Reply with quote  #2

1714120386
Report to moderator
1714120386
Hero Member
*
Offline Offline

Posts: 1714120386

View Profile Personal Message (Offline)

Ignore
1714120386
Reply with quote  #2

1714120386
Report to moderator
1714120386
Hero Member
*
Offline Offline

Posts: 1714120386

View Profile Personal Message (Offline)

Ignore
1714120386
Reply with quote  #2

1714120386
Report to moderator
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714120386
Hero Member
*
Offline Offline

Posts: 1714120386

View Profile Personal Message (Offline)

Ignore
1714120386
Reply with quote  #2

1714120386
Report to moderator
1714120386
Hero Member
*
Offline Offline

Posts: 1714120386

View Profile Personal Message (Offline)

Ignore
1714120386
Reply with quote  #2

1714120386
Report to moderator
bearbones
Sr. Member
****
Offline Offline

Activity: 316
Merit: 250



View Profile WWW
August 31, 2011, 05:35:33 PM
 #2

A great article for the target audience. Am forwarding it to some libertarian friends.

Feed Ze Birds Pay and get paid for tweets
Coinapult Send Bitcoins easily over email or text message
Jered Kenna (TradeHill)
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250



View Profile WWW
August 31, 2011, 06:23:13 PM
 #3

I don't get to spend enough time reading about Bitcoin. Glad my time wasn't wasted on this, I enjoyed it.
Keep up the good work.

Jered

moneyandtech.com
@moneyandtech @jeredkenna
evoorhees (OP)
Legendary
*
Offline Offline

Activity: 1008
Merit: 1021


Democracy is the original 51% attack


View Profile
August 31, 2011, 06:25:54 PM
 #4


At the end of the article it mentions you are involved in the free-state project. Is there alot of interest in bitcoin within the free state project?

The interest is growing quickly. Libertarians in general tend to be very skeptical of any money that is not silver or gold (understandably). As they come to see Bitcoin as the greatest enabler of international free markets I think they'll start loving it. If you know Free Talk Live (national radio show) they're talking btc frequently, and this year at PorcFest Bitcoin was a very hot topic.

 Rumor has it the FSP will be accepting btc donations shortly...  Grin
gnar1ta$
Donator
Hero Member
*
Offline Offline

Activity: 798
Merit: 500


View Profile
August 31, 2011, 10:41:17 PM
 #5

Great article, one worth forwarding to friends.  Hope I'll be able to buy my lunch with bitcoins sometime soon.

Losing hundreds of Bitcoins with the best scammers in the business - BFL, Avalon, KNC, HashFast.
defxor
Hero Member
*****
Offline Offline

Activity: 530
Merit: 500


View Profile
August 31, 2011, 10:49:42 PM
 #6

In this context, I think "pure gold!" is a compliment Wink

Forwarded and shared. I like the focus on how Bitcoin simplifies, staying away from projections of future value etc.
Steve
Hero Member
*****
Offline Offline

Activity: 868
Merit: 1007



View Profile WWW
September 01, 2011, 06:16:05 AM
 #7

Awesome article Erik!

(gasteve on IRC) Does your website accept cash? https://bitpay.com
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!