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Author Topic: [20014-03-27] Jumio Provides Answers To The Bitcoin Identity Security Issues  (Read 950 times)
Ripdon007
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March 27, 2014, 05:44:54 PM
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anybody understand wth this is exactly?? https://coinreport.net/jumio-answer-bitcoin-regulation/

I mine my bitcoins at https://www.directpool.net ### I get my bitcoin news fix at https://coinreport.net
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March 27, 2014, 06:53:13 PM
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anybody understand wth this is exactly?? https://coinreport.net/jumio-answer-bitcoin-regulation/

You wrote an article about something you don't understand?

Anyway it looks like a centralized identity tracking database for Bitcoin. It's not something that I will participate in and I encourage everyone to boycott those companies.

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Ripdon007
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March 27, 2014, 08:30:31 PM
 #3

anybody understand wth this is exactly?? https://coinreport.net/jumio-answer-bitcoin-regulation/

You wrote an article about something you don't understand?

Anyway it looks like a centralized identity tracking database for Bitcoin. It's not something that I will participate in and I encourage everyone to boycott those companies.

I didn't write the article dumbass... i only posted it here  Cool

I mine my bitcoins at https://www.directpool.net ### I get my bitcoin news fix at https://coinreport.net
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March 27, 2014, 08:33:35 PM
 #4

anybody understand wth this is exactly?? https://coinreport.net/jumio-answer-bitcoin-regulation/

You wrote an article about something you don't understand?

Anyway it looks like a centralized identity tracking database for Bitcoin. It's not something that I will participate in and I encourage everyone to boycott those companies.

I didn't write the article dumbass... i only posted it here  Cool

Sorry. I assumed you wrote it because you post links to every article on that site. I see that you didn't write that particular article, but you are obviously promoting the site. In fact, of your 300 posts here, nearly all are related to that site. So, whether you actually wrote the article or not, my comment is still valid. Why did you post an article on your site that you don't understand?

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Ripdon007
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March 27, 2014, 08:59:51 PM
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Why did you post an article on your site that you don't understand?

I like that website, i don't own it. I get my news from there thru an android app bitcoin buzz feed. It keeps me updated thru out the day... And i wasn't too sure what that whole bitcoin identity security thing was so i posted it here... atleast i'm posting stuff that's productive and people benefit from unlike you trolling like a child... damn  Cool Cool

I mine my bitcoins at https://www.directpool.net ### I get my bitcoin news fix at https://coinreport.net
howardb
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March 27, 2014, 09:17:04 PM
 #6

They are not the only company implementing this concept. It's inevitable that as Bitcoin reaches critical mass and governments start to want to implement taxation and regulation, that someone somewhere is going to legislate for correlation of bitcoin addresses to people or legal entities such as corporations. If it happens sooner and voluntarily this will help Bitcoin enormously, as people will then be able to send money to a bitcoin address with a high degree of confidence of who they are sending it to, thus avoiding the anonymity scams that are plaguing Bitcoin at moment.
fancy_pants
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March 27, 2014, 09:28:49 PM
 #7

anonymity scams can't plague bitcoin.



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Kosta#
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March 30, 2014, 09:18:33 AM
 #8

They are not the only company implementing this concept. It's inevitable that as Bitcoin reaches critical mass and governments start to want to implement taxation and regulation, that someone somewhere is going to legislate for correlation of bitcoin addresses to people or legal entities such as corporations. If it happens sooner and voluntarily this will help Bitcoin enormously, as people will then be able to send money to a bitcoin address with a high degree of confidence of who they are sending it to, thus avoiding the anonymity scams that are plaguing Bitcoin at moment.

quite the opposite, if bitcoin addresses are tied to people identities, either legislatively or technologically, it will be the end of bitcoin. read original satoshi's article. no one (except maybe exhibitionists) wants all his transactions to be public, that's why services like bitmixer.io are critical to bitcoin's success.
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March 30, 2014, 10:08:41 AM
 #9

This would help with Bitcoin adoption. It would end up as merely a stepping stone towards a more user friendly and secure wallet.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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