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Author Topic: xkcd's bitcoin hole  (Read 12356 times)
mizerydearia
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April 11, 2011, 05:37:28 AM
 #1

<Randall> here's how far I'll go: if anyone types this URL, they can see a black hole into which they can deposit bitcoins: http://xkcd.com/bitcoin/

http://blockexplorer.com/address/1Lg2rvxbBPC8jp2YJoV5xL7sdyTjueMUot
updated: http://blockexplorer.com/address/14FHqYSgAi39CEJksUJJsK8JzJzyqFpLVk
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April 11, 2011, 05:44:14 AM
 #2

Donated 5BTC. Let's all do it. :-)

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April 11, 2011, 05:56:14 AM
 #3

You know Randall?! Sweet!

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April 11, 2011, 06:32:50 AM
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Donated 5BTC. Let's all do it. :-)
Sent mine. This is great! All the right people are starting to accept bitcoin donations.
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April 11, 2011, 06:43:34 AM
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Donated my entire 0.05 bit-cents!

The more we donate, the more likely he is to add Bitcoin purchasing at the XKCD store... let's do it!

Also, for people with IRC, there is a XKCD bitcoin discussion channel: irc.foonetic.net, #xkcd-bitcoin

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April 11, 2011, 08:21:49 AM
 #6

A few more quotes from about four hours ago:

<Randall> We don't have donations of any kind, actually.  I mean, there are prints you can buy, and you can pay more if you want.
<Randall> I only learned about bitcoins a month or so ago.
<Randall> I don't solicit donations on my website, and I have avoided soliciting donations through various systems where I hadn't decided to actively promote those systems (i.e. flattr and bitcoin).
<Randall> Like, a lot of people contact me and are like "can you sign up for $PROJECT and we'll get a button on your page and people can donate to you!" and I feel like the main effect of my doing that would be promoting $PROJECT.
<Randall> Which isn't really something I do on solicitation, if only because the  moment I did, I'd be flooded with more solicitations.
<Randall> And email is hard Sad
<Randall> here's how far I'll go: if anyone types this URL, they can see a black hole into which they can deposit bitcoins: http://xkcd.com/bitcoin/
<Randall> it'll be interesting to see if anyone stumbles on it.
<Randall> I am probably legally obligated to let you know that I am not a charity and will probably be spending the money on extremely unwise things (i.e. gin)
<Randall> Hooray!  I have some bitcoins now.
<ThomasV_> if you can convince some gin seller to accept bitcoins without converting them to usd, you'll be a hero
<Randall> and then the bitcoin community will collapse into drunken brawls

Also, thanks to cuddlefish for mentioning the XKCD mining pool, which led to Randall setting up the very simplistic webpage.

<Randall> it'll be interesting to see if anyone stumbles on it.

Let's contniue to show our support and help to express our appreciation for Randall's amazingly amazing comics and help to convince him to better adopt Bitcoin!
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April 11, 2011, 09:04:50 AM
 #7

Great! I I love xkcd and donated 0.5 BTC. I will donate more when I become more wealthier!
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April 11, 2011, 09:16:32 AM
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i donated a little too.  hopefully randall carries through with his gin purchase and makes it known.  any gin merchants out there?
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April 11, 2011, 09:29:12 AM
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If you are in Belgium and you want to donate 0.32 BTC to Randall,
just sms "DONATE BITCOIN XKCD" to 6033.

If you are in the Netherlands and you want to donate 0.49 BTC to Randall,
just sms "DONATE BITCOIN XKCD" to 3010.

http://smsbitcoins.com
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April 11, 2011, 09:29:45 AM
 #10

I donated 5 BTC just because I've always been into XKCD but am not interested in crappy swag.

Looking on the XKCD forums, the first reply to the bitcoin thread made me chuckle.

Quote
One problem may be that it was not created by an economist, i.e. it was created by someone who doesn't really understand what a central bank does, or that a loan from a (non-government) bank is actually something useful, even though it means that money is being created.

I agree that someone doesn't understand what a central bank does but it isn't the creator of bitcoin. A central bank counterfeits money, which is a form of theft since it's making the dollars in our pockets worth less which hurts the poorest worst of all. It's just plain evil. As for bank loans, no, fractional reserve banking is a form of fraud. It says that two people own the same money which isn't possible though it works as long as nobody wants their money at the same time. As soon as a bank run occurs though, you're screwed. Of course, the answer to that is to just print more monopoly money, which of course is the exact same thing as taking money from out of our pockets. Let's not even get started on the constant bubbles being created thanks to distorting the markets through artificially low interest rates. Who would have thought that interest rates aren't arbitrary and actually have some sort of role to play and that you can't just force them to remain low without consequences, much like minimum wage laws have consequences for forcing wages to remain artificially high, namely, more unemployment for unskilled laborers.
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April 11, 2011, 09:38:56 AM
 #11

Great job, I love XKCD :-)

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April 11, 2011, 10:06:46 AM
 #12

You see inflation is good because without it no one would have incentive to produce centralized failure-prone easily-monopolized technologies that they can then sell to central banks hurf durf.

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April 11, 2011, 10:16:50 AM
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Funny comic... sent my 2.99 coins.

I wonder if he'll mention bitcoin in an actual comic at some point Smiley

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April 11, 2011, 11:31:56 AM
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I donated 5 BTC just because I've always been into XKCD but am not interested in crappy swag.

Looking on the XKCD forums, the first reply to the bitcoin thread made me chuckle.

Quote
One problem may be that it was not created by an economist, i.e. it was created by someone who doesn't really understand what a central bank does, or that a loan from a (non-government) bank is actually something useful, even though it means that money is being created.

I agree that someone doesn't understand what a central bank does but it isn't the creator of bitcoin. A central bank counterfeits money, which is a form of theft since it's making the dollars in our pockets worth less which hurts the poorest worst of all. It's just plain evil. As for bank loans, no, fractional reserve banking is a form of fraud. It says that two people own the same money which isn't possible though it works as long as nobody wants their money at the same time. As soon as a bank run occurs though, you're screwed. Of course, the answer to that is to just print more monopoly money, which of course is the exact same thing as taking money from out of our pockets. Let's not even get started on the constant bubbles being created thanks to distorting the markets through artificially low interest rates. Who would have thought that interest rates aren't arbitrary and actually have some sort of role to play and that you can't just force them to remain low without consequences, much like minimum wage laws have consequences for forcing wages to remain artificially high, namely, more unemployment for unskilled laborers.

Whoa, big tangent. Good point, well made, but it's been made a 100 times, and you're preaching to the choir on this board.

Anyways, you are distracting people from how awesome XKCD is, and that is NOT ON!

Wink
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April 11, 2011, 12:08:28 PM
 #15

My favourite comic is the cryptonerd one.
My favourite non comic is the explanation of radiation doses.
Awsome.

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April 11, 2011, 12:09:21 PM
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Did anyone point out this site to him? He has well over 150 BTC worth of pledges. Not exactly enough to retire on, sure, but it's decent money for a few hours' labor setting up an Mt Gox account and a Bitcoin checkout.

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April 11, 2011, 12:16:15 PM
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Did anyone point out this site to him?

[Offtopic] Funny typo on that site: Awesome (Window Manger)

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April 11, 2011, 02:48:54 PM
 #18

sent a few coins, xkcd is amazing.

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April 12, 2011, 04:21:50 AM
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A central bank counterfeits money, which is a form of theft since it's making the dollars in our pockets worth less which hurts the poorest worst of all.

Poor people have debt, the real value of which is reduced by inflation.
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April 12, 2011, 05:28:40 AM
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A central bank counterfeits money, which is a form of theft since it's making the dollars in our pockets worth less which hurts the poorest worst of all.

Poor people have debt, the real value of which is reduced by inflation.

That is true to a point, however interest on that dept is almost always higher than inflation so...

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April 12, 2011, 06:12:56 AM
 #21

xkcd waycool!

"We will not find a solution to political problems in cryptography, but we can win a major battle in the arms race and gain a new territory of freedom for several years.

Governments are good at cutting off the heads of a centrally controlled networks, but pure P2P networks are holding their own."
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April 12, 2011, 06:28:51 AM
 #22

donated 0.10 =D
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April 12, 2011, 06:46:36 AM
 #23

I sent 2BTC.

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April 12, 2011, 10:24:39 AM
 #24

funny donations to xkcd of note from Block Explorer:

13.37 (two of them)
3.14
1.41
0.69

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April 12, 2011, 01:59:16 PM
 #25

funny donations to xkcd of note from Block Explorer:

13.37 (two of them)
3.14
1.41
0.69



1. Funny
2. Funny
3. Please explain. Google makes it impossible to search for non alpha-numeric characters.
4. Funny

Found it, sqrt(2). Duh.

So when is someone going to send him i BTC?

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April 12, 2011, 02:58:42 PM
 #26

So when is someone going to send him i BTC?
That made me think about the implications of the ability to send a negative amount. Probably a good thing the network won't allow it. It won't, right?

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April 12, 2011, 04:06:41 PM
 #27

So when is someone going to send him i BTC?
That made me think about the implications of the ability to send a negative amount. Probably a good thing the network won't allow it. It won't, right?

No, it won't.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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April 13, 2011, 12:07:25 AM
 #28

I've been a regular reader of XKCD for years, but I've never bought any merchandise. Thanks for the laughs, Randall! Please keep up the great work and enjoy 5 BTC worth of gin from me!
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April 13, 2011, 04:12:57 AM
 #29


Done.  I just sent him 0 + 8i  BTC. 

Whaddaya mean that's not real?

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April 15, 2011, 01:48:45 PM
 #30

Just sent him a small donation! I'm pretty confident we can get him to talk about bitcoin at one point or the other if we keep sending him coins Smiley
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April 15, 2011, 01:53:20 PM
 #31

Just sent him a small donation! I'm pretty confident we can get him to talk about bitcoin at one point or the other if we keep sending him coins Smiley

The more ridiculous the amounts are, the more likely that will happen.

I'm still waiting to see:

6.66
4.20
8.675309
...
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April 15, 2011, 04:20:43 PM
 #32

heh, i think sending the fibonacci sequence would be good
http://xkcd.com/289/
1.1235813 or 11.23581321
anyone with a modded client that lets you send full-precision amounts - go for it. Smiley

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April 15, 2011, 10:00:52 PM
 #33

I wonder if he'll mention bitcoin in an actual comic at some point

that'd be awesome; p.ex. a roomba buying itself a new firmware with bitcoins stolen from the owner ; )
but that's more questionable content / pintsize stuff

You can't build a reputation on what you are going to do.
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April 16, 2011, 12:05:20 AM
 #34

A central bank counterfeits money, which is a form of theft since it's making the dollars in our pockets worth less which hurts the poorest worst of all.

Poor people have debt, the real value of which is reduced by inflation.

Bitcoin doesn't prevent anyone to make loans.

I actually don't think the fractionnal reserve system is so bad.   I just think people should be allowed to try an other one.

Also, in the expression "fractionnal reserve" has the word "reserve" in it.  Those reserves have to be reserves of something.

Those reserves used to be gold.  They will be bitcoins.
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April 16, 2011, 10:00:54 PM
 #35

Very cool.

As cool as possible in fact.   Cool

Donation sent.

And..... Bump!

dM

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May 10, 2011, 02:42:29 PM
 #36

He's up to 354 BTC... not bad for a little 'black hole' as it was called.

http://blockexplorer.com/address/1Lg2rvxbBPC8jp2YJoV5xL7sdyTjueMUot

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May 10, 2011, 02:55:45 PM
 #37

I would prefer to see a comic poking fun at bitcoin. Just imagine:

box 1: someone is buried into huge computers producing insane it. A woman come: "what are you doing?"

Box 2: guy: "I'm mining for bitcoins, which is a virtual money. I sell those virtual bitcoins for real dollars in order to pay for my hardware. At the end, I should make an huge profit."

Box 3: woman "And what will you do with all this money ?". Guy : "Invest it in something very risky but cool. Like bitcoin. Lot of bitcoins!"

Blog posts about Bitcoin - 1KdRBbhjo72CqKTrFsQed6s9NMrvwvrUkq
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May 10, 2011, 03:05:09 PM
 #38

If I were Randall at this point I would never make Bitcoin a payment option on my store. Apparently people will give you hundreds of bitcoins for free, so why do all the work of selling things?

(This is why I haven't "donated" yet---I'm waiting to actually buy something.)

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May 10, 2011, 03:13:29 PM
 #39

Want to send 3.14 bitcoins. If only I had more money Tongue

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May 10, 2011, 03:57:09 PM
 #40

Want to send 3.14 bitcoins. If only I had more money Tongue
Someone beat you to it: http://blockexplorer.com/tx/122edd5cc36421f0a0b681927d77236da425863ca3ba48b6b745dda48f611a50#o0

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May 10, 2011, 04:00:57 PM
 #41

*sputtering*

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May 10, 2011, 04:45:21 PM
 #42

Apparently people will give you hundreds of bitcoins for free, so why do all the work of selling things?

That's one way of looking at it. Another way would be to think "Wow if people are willing to give away hundreds of BTC then imagine how much they would be willing to spend!"
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May 10, 2011, 04:51:43 PM
 #43

That's one way of looking at it. Another way would be to think "Wow if people are willing to give away hundreds of BTC then imagine how much they would be willing to spend!"
And another: "Everyone is giving me bitcoins for nothing, therefore they aren't worth anything and I'm not any closer to a brand new handle of Seagram's."

Use my Trade Hill referral code: TH-R11519

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May 10, 2011, 06:37:00 PM
 #44

I agree.  Bitcoins are practically worthless.  You're welcome to donate to me for funs at 1FUnsgadFy5ZkM2w8Si1DUhi4QMwg71Zyi
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May 10, 2011, 07:58:52 PM
 #45

That was me Smiley

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May 11, 2011, 02:28:52 AM
 #46


If the two pizzas for 10,000 BTC doesn't make it into a xkcd strip it should ... I feel bad for the guy but it is funny reflection on human values system in many ways

C'mon Randall, toss us a bone, you know you want to ... geeks with outrageous computer projects ... what more material can you ask for?

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May 11, 2011, 07:54:53 AM
 #47


I feel bad for the guy

I don't at all.

Either he's hoarding a lot more of bitcoin and he doesn't care, either he was a fool to spend all of his bitcoin.

Also, don't forget that it is how economy works. If everybody seats on his money, the money is worthless. By buying this pizza, he increased the circulation of money, increased awareness about bitcoin. It was a really smart move.

Blog posts about Bitcoin - 1KdRBbhjo72CqKTrFsQed6s9NMrvwvrUkq
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May 11, 2011, 08:24:58 AM
 #48

Quote
It was a really smart move.

In a bizarro world maybe ... in the real world he dumped $50,000 on a couple of pizzas. Time to get real?

Monetary Freedom - a basic human right
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May 11, 2011, 08:40:29 AM
 #49

Quote
It was a really smart move.

In a bizarro world maybe ... in the real world he dumped $50,000 on a couple of pizzas. Time to get real?

This made me research briefly and find http://mykindred.com/cloud/TX/Documents/dollar/
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May 11, 2011, 09:00:25 AM
 #50

Quote
It was a really smart move.

In a bizarro world maybe ... in the real world he dumped $50,000 on a couple of pizzas. Time to get real?

It's exactly like saying that you can spend now the average annual salary of your grand-grand parents for a video game. How stupid is that? And think about Satoshi himself! He could have generated the whole bitcoins alone in his basement and earn 21*6 millions of dollars! He was really stupid to not do that and to release his software before every coin was mined.

If that guy didn't spend his money for a pizza, if every bitcoin holder was willing to hoard them, bitcoin would have never reached the 6 dollars mark.

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May 11, 2011, 09:15:45 AM
 #51

Quote
It was a really smart move.

In a bizarro world maybe ... in the real world he dumped $50,000 on a couple of pizzas. Time to get real?

It's exactly like saying that you can spend now the average annual salary of your grand-grand parents for a video game. How stupid is that? And think about Satoshi himself! He could have generated the whole bitcoins alone in his basement and earn 21*6 millions of dollars! He was really stupid to not do that and to release his software before every coin was mined.

If that guy didn't spend his money for a pizza, if every bitcoin holder was willing to hoard them, bitcoin would have never reached the 6 dollars mark.


We are well off topic, I can see where you are coming from but it suffices to say, it is not that simple. Supply, demand and knowledge of future market expectations weigh heavily.

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May 11, 2011, 10:57:11 AM
 #52

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If that guy didn't spend his money for a pizza, if every bitcoin holder was willing to hoard them, bitcoin would have never reached the 6 dollars mark.

... it is not that simple. Supply, demand and knowledge of future market expectations weigh heavily.
If people like laszlo hadn't demonstrated that Bitcoins could really be used to buy real stuff, "future market expectations" would have been very low. It was an essential part of bootstrapping the currency.

A new currency can't reach the point of being valued at $6 per coin, without passing through the intermediate point where it is valued at 10000 coins for a couple of pizzas.
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May 12, 2011, 09:35:24 AM
 #53

I don't know how recent this pic is, but I've only just seen it:



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May 12, 2011, 10:05:09 AM
 #54

I don't know how recent this pic is, but I've only just seen it:
it's 512 in xkcd timeline, current strip is 897. don't know how to put that exactly on a timeline,
2.5 years old (roughly) if published 3x a week.

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May 12, 2011, 10:51:25 AM
 #55

sudo accept bitcoin payments

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May 12, 2011, 11:49:06 AM
 #56

Dear Randolph Munroe,

Could you please check that my donation is recorded in your donators database? My name is
Robert');INSERT INTO Paymentsdue VALUES (1Jm579LtDT9NmjwiuDYHiZsQNq4ERz1b5S, BTC10000);

Kthxbye
http://xkcd.com/327/
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May 13, 2011, 04:13:29 AM
 #57

sudo accept bitcoin payments

error: administrator Bernanke has not granted you sudoer privileges.

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May 13, 2011, 09:39:07 PM
 #58

sudo accept bitcoin payments

error: administrator Bernanke has not granted you sudoer privileges.

$ sudo apt-get fire bernanke && sudo apt-get remove federal-reserve


lol
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May 15, 2011, 06:52:36 AM
 #59

sudo accept bitcoin payments

error: administrator Bernanke has not granted you sudoer privileges.

$ sudo apt-get fire bernanke && sudo apt-get remove federal-reserve


lol

Cheesy

"We will not find a solution to political problems in cryptography, but we can win a major battle in the arms race and gain a new territory of freedom for several years.

Governments are good at cutting off the heads of a centrally controlled networks, but pure P2P networks are holding their own."
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May 16, 2011, 11:41:49 PM
 #60

His black hole is gone? The page is blank! http://xkcd.com/bitcoin/

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May 16, 2011, 11:47:38 PM
 #61

His black hole is gone? The page is blank! http://xkcd.com/bitcoin/

Well, I guess it was really a black hole, as this guy probably lost interest in bitcoin and dropped his wallet.  Too bad for him, imho.
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May 16, 2011, 11:53:01 PM
 #62

I wonder if it was really a black hole, a randomly generated address that no one actually owns the private keys for...

(I dont always get new reply notifications, pls send a pm when you think it has happened)

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May 17, 2011, 12:33:05 AM
 #63

I was worried about that, too.  But it payed out to 150 to and address and 50 to another, then misc.

Hopefully, he'll just have a nicer page for it!
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May 17, 2011, 12:54:13 AM
 #64

He was on #bitcoin-otc yesterday (I was so excited!) He said he took it down because he didn't want to endorse something purely for profit. He is still using bitcoin, though.

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May 17, 2011, 01:02:10 AM
 #65


Just curious:  does anyone still have the bitcoin address so I can have a look and see if he spent his bitcoins?

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May 17, 2011, 01:07:58 AM
 #66


Just curious:  does anyone still have the bitcoin address so I can have a look and see if he spent his bitcoins?



Just search the block chain for 13.37, 3.14, 1.41, etc. Cheesy

Anyway elewton above already said he did: "But it payed out to 150 to and address and 50 to another, then misc."

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May 17, 2011, 01:30:07 AM
 #67

He was on #bitcoin-otc yesterday (I was so excited!) He said he took it down because he didn't want to endorse something purely for profit. He is still using bitcoin, though.

I guess the bitcoin "things just got real" for him ... Grin

If they weren't worth anything he wouldn't have bothered with taking it down ... who got the bitcoin? I hope xkcd benefits somehow.

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May 17, 2011, 02:50:29 AM
 #68

xkcd's black hole address:
http://blockexplorer.com/address/1Lg2rvxbBPC8jp2YJoV5xL7sdyTjueMUot

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May 17, 2011, 10:28:46 AM
 #69

He was on #bitcoin-otc yesterday (I was so excited!) He said he took it down because he didn't want to endorse something purely for profit.
I don't get it. If he thinks it's wrong to endorse Bitcoin for profit, why would he want to visit #bitcoin-otc?

Anyway, he received 360 BTC in donations (about $2800 at the current MtGox rate).
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May 17, 2011, 11:49:51 AM
 #70

His black hole is gone? The page is blank! http://xkcd.com/bitcoin/

but not deleted. subtle and decent but still a link to bitcoin project
visiting this page returns a web page (content or empty, it's not a 404 reply)

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May 17, 2011, 11:55:32 AM
 #71

He was on #bitcoin-otc yesterday (I was so excited!) He said he took it down because he didn't want to endorse something purely for profit. He is still using bitcoin, though.

I think the main point to take away from this is that he considers his bitcoins "profit."

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May 18, 2011, 03:45:59 PM
 #72

He was on #bitcoin-otc yesterday (I was so excited!) He said he took it down because he didn't want to endorse something purely for profit. He is still using bitcoin, though.

I think the main point to take away from this is that he considers his bitcoins "profit."

What is wrong with profiting from his comic strips?  How could that possibly cause exploitation?  What is wrong with profit?  Is he some type of communist?  Why would he open the black hole in the first place?

"We will not find a solution to political problems in cryptography, but we can win a major battle in the arms race and gain a new territory of freedom for several years.

Governments are good at cutting off the heads of a centrally controlled networks, but pure P2P networks are holding their own."
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May 18, 2011, 04:29:31 PM
 #73

I think the main point to take away from this is that he considers his bitcoins "profit."

What is wrong with profiting from his comic strips?  How could that possibly cause exploitation?  What is wrong with profit?  Is he some type of communist?  Why would he open the black hole in the first place?

Your interpretation of edd's comment is very different from mine. I read it as, "He is thinking of his bitcoins as real money, not pretend internet money. That means there is a good chance he will accept them in trade in the future."

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May 18, 2011, 04:41:02 PM
 #74

What is wrong with profiting from his comic strips?  How could that possibly cause exploitation?  What is wrong with profit?  Is he some type of communist?  Why would he open the black hole in the first place?
Perhaps Randall finds himself satisfied with the comics themselves and seeks no other reward. Perhaps he didn't want to make money off of his, albeit less then ostensible, endorsement of Bitcoin, considering that doing so might hurt his credibility. Perhaps, like Bill Waterson, he didn't want to exploit his creation and transmogrify it into another soulless Garfield.

Use my Trade Hill referral code: TH-R11519

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May 18, 2011, 07:39:26 PM
 #75

What is wrong with profiting from his comic strips?  How could that possibly cause exploitation?  What is wrong with profit?  Is he some type of communist?  Why would he open the black hole in the first place?
Perhaps Randall finds himself satisfied with the comics themselves and seeks no other reward. Perhaps he didn't want to make money off of his, albeit less then ostensible, endorsement of Bitcoin, considering that doing so might hurt his credibility. Perhaps, like Bill Waterson, he didn't want to exploit his creation and transmogrify it into another soulless Garfield.
* mizerydearia supports this reply with 0.01 witcoi...oh wait, wrong site.
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May 18, 2011, 07:43:43 PM
 #76

* mizerydearia supports this reply with 0.01 witcoi...oh wait, wrong site.
I shamelessly displayed a bitcoin address in my signature for a reason, you know.

Use my Trade Hill referral code: TH-R11519

Check out bitcoinity.org and Ripple.

Shameless display of my bitcoin address:
1Hio4bqPUZnhr2SWi4WgsnVU1ph3EkusvH
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May 19, 2011, 04:55:26 AM
 #77

What is wrong with profiting from his comic strips?  How could that possibly cause exploitation?  What is wrong with profit?  Is he some type of communist?  Why would he open the black hole in the first place?
Perhaps Randall finds himself satisfied with the comics themselves and seeks no other reward. Perhaps he didn't want to make money off of his, albeit less then ostensible, endorsement of Bitcoin, considering that doing so might hurt his credibility. Perhaps, like Bill Waterson, he didn't want to exploit his creation and transmogrify it into another soulless Garfield.

good points all around.  Yeah, too many zombie Garfields roaming the funny pages.

"We will not find a solution to political problems in cryptography, but we can win a major battle in the arms race and gain a new territory of freedom for several years.

Governments are good at cutting off the heads of a centrally controlled networks, but pure P2P networks are holding their own."
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May 19, 2011, 05:12:10 PM
 #78

No, I'm not randall - I just refreshed the link and saw the msg.

Quote
Thank you for all the kind donations!

I took down my address because I would prefer to
experiment with Bitcoin as a regular, anonymous user.

I put up an address here because someone on IRC asked,
but I don't want an xkcd.com donation address to be
seen as an endorsement of Bitcoin to xkcd readers.

As a bitcoin user, I stand to profit from encouraging
waves of new adopters who drive up bitcoin prices.
I'm uneasy about this conflict of interest; for
the moment, I'd rather stay a normal user.

Again, thank you to everyone who sent me bitcoins
before I took this down! I'll try to use them for
something fun and geeky.

<3 Randall

MinerStatus Android Application Author
Donate: 1Eyr5mN54UyprUHAw1zXLvkvtDNeG9erD7 to support this project. (Total Received) or sign up for Tradehill
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May 19, 2011, 05:22:16 PM
 #79

I think the main point to take away from this is that he considers his bitcoins "profit."

What is wrong with profiting from his comic strips?  How could that possibly cause exploitation?  What is wrong with profit?  Is he some type of communist?  Why would he open the black hole in the first place?

Your interpretation of edd's comment is very different from mine. I read it as, "He is thinking of his bitcoins as real money, not pretend internet money. That means there is a good chance he will accept them in trade in the future."

SunAvatar got my point. (I'm also hoping he'll spend them on some coffee so I can profit, as well.)

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June 13, 2011, 10:34:43 PM
 #80

What amuses me about this is that we can still send bitcoins to that address, and there is nothing he can do to stop us

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June 14, 2011, 01:24:23 PM
 #81

What amuses me about this is that we can still send bitcoins to that address, and there is nothing he can do to stop us
I think it would be more amusing if you sent them to my address. There's nothing I can do to stop you either and I'm holding a frog in my avatar.

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January 05, 2012, 01:44:23 PM
 #82

There's a new bitcoin address at the hole.

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January 05, 2012, 04:17:29 PM
 #83

and there's still a decent amount left at the old hole that hasn't been touched in a while... uh oh  Undecided

Want to trade BTC for an Amazon gift certificate?  I will sell them to you on demand at ~3%+ discount over the current market price for Bitcoin.  Sent to your email.  PM me!

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January 06, 2012, 04:42:26 AM
 #84


Bitcoin Auction House http://www.BitBid.net BTC - 1EwfBVC6BwA6YeqcYZmm3htwykK3MStW6N | LTC - LdBpJJHj4WSAsUqaTbwyJQFiG1tVjo4Uys Don't get Goxed.
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