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Author Topic: Newbie if any questions please shoot me  (Read 707 times)
gondel (OP)
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April 14, 2014, 09:27:48 PM
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Hello all,
I know there are a lot of trolls in this forum, so if you want just a simple answer to a simple question if you are new to bitcoin or crypto world i am here to respond. NO charge of course Smiley

Hope i can be helpful for someone Smiley
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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CounterEntropy
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April 15, 2014, 03:22:00 PM
 #2

Hello all,
I know there are a lot of trolls in this forum, so if you want just a simple answer to a simple question if you are new to bitcoin or crypto world i am here to respond. NO charge of course Smiley

Hope i can be helpful for someone Smiley

Why large organizations will ever accept Bitcoin when just at the flash of a second someone can collide with their private key at take away their wealth ?
Soappa
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April 15, 2014, 03:24:58 PM
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when just at the flash of a second someone can collide with their private key at take away their wealth ?

Unless you are using a buggy PRNG, the probability is extremely extremely small.

blacksails
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April 15, 2014, 05:34:35 PM
 #4

Hello all,
I know there are a lot of trolls in this forum, so if you want just a simple answer to a simple question if you are new to bitcoin or crypto world i am here to respond. NO charge of course Smiley

Hope i can be helpful for someone Smiley

Why large organizations will ever accept Bitcoin when just at the flash of a second someone can collide with their private key at take away their wealth ?
Why would large organizations store all their money in banks that at the flash of a second could go bankrupt and take away their wealth?
Kiki112
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April 15, 2014, 07:12:16 PM
 #5

Hello all,
I know there are a lot of trolls in this forum, so if you want just a simple answer to a simple question if you are new to bitcoin or crypto world i am here to respond. NO charge of course Smiley

Hope i can be helpful for someone Smiley

Why large organizations will ever accept Bitcoin when just at the flash of a second someone can collide with their private key at take away their wealth ?

I think someone once calculated what are the odds of that happening think it was around 0.0000000000000000000000000000000000001%

so much less then keeping it in a bank account, so basically they should accept bitcoin, it's safer Wink

gondel (OP)
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April 15, 2014, 08:58:30 PM
 #6

Hello all,
I know there are a lot of trolls in this forum, so if you want just a simple answer to a simple question if you are new to bitcoin or crypto world i am here to respond. NO charge of course Smiley

Hope i can be helpful for someone Smiley

Why large organizations will ever accept Bitcoin when just at the flash of a second someone can collide with their private key at take away their wealth ?
It is the same as if someone just steal you cash man Smiley Shit happens every day
apsvinet
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April 15, 2014, 09:33:07 PM
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@ OP

Your title is quite misleading.

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Inkvor
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April 16, 2014, 11:24:05 AM
 #8

Nothing to be shy off , you can ask anything here and people here will try thier best to help .
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