evoorhees (OP)
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Democracy is the original 51% attack
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April 23, 2012, 05:01:44 PM |
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Just saw tweet forwarded from Charlie Shrem (BitInstant), he's at the Future of Money and Technology summit in SanFran today. Apparently a few others thought it was pretty funny as well: http://img220.imageshack.us/img220/6295/amexbitcoin.jpg |
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Spekulatius
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April 23, 2012, 05:34:39 PM |
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looks like the "adults" dont take the kids serious yet.
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DeathAndTaxes
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Gerald Davis
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April 23, 2012, 05:38:30 PM
Last edit: April 23, 2012, 08:34:02 PM by DeathAndTaxes |
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Well they can't ignore us anymore (on edit: no idea why I put "yet" here and worse it was quoted by multiple people). "First they ignore you, then they ridicule you, then they fight you, then you win." Mahatma Gandhi (origin disputed) |
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Stephen Gornick
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April 23, 2012, 07:34:06 PM |
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Well they can't ignore us yet. "First they ignore you, then they ridicule you, then they fight you, then you win." Mahatma Gandhi (origin disputed) Yup, exactly. Chaord attended last year's Future of Money conference. I think he participated ... like for a 60 second pitch or something?. His conclusion though was something to the effect of "Only a few there had heard of bitcoin. But nobody had a clue about it nor cared." |
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evoorhees (OP)
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Democracy is the original 51% attack
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April 23, 2012, 07:41:05 PM |
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The tension will only become more palpable. One side is indeed using pretend, made-up money.
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Coinabul
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April 23, 2012, 07:46:08 PM |
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Well they can't ignore us yet. "First they ignore you, then they ridicule you, then they fight you, then you win." Mahatma Gandhi (origin disputed) Yup, exactly. Chaord attended last year's Future of Money conference. I think he participated ... like for a 60 second pitch or something?. His conclusion though was something to the effect of "Only a few there had heard of bitcoin. But nobody had a clue about it nor cared." It keeps getting mentioned at the conference. This bodes well.  |
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kangasbros
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April 23, 2012, 08:04:48 PM |
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Anyone at the conference? In twitter, someone said that there was lot of bitcoin-startup pitches. Anyone can give any details? https://twitter.com/#!/search/%23futureofmoney http://bitcoincard.org/ (really cool, but seems like vapourware...) |
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Matthew N. Wright
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April 23, 2012, 08:40:39 PM |
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Aww. I wish I was at that conference. That'd be fun to troll. I'd ask them all if they've heard of MicroCash and tell them it's going to explode and take the world by storm! (sic)  |
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Matthew N. Wright
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April 23, 2012, 08:47:22 PM |
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Aww. I wish I was at that conference. That'd be fun to troll. I'd ask them all if they've heard of MicroCash and tell them it's going to explode and take the world by storm! (sic) I am trolling in a way. They are all dressed professionally and I have on a Bitcoin t-shirt. LOL Tell Charlie and Tony I said Hi and to take a picture together for me for the site if they can. They aren't responding on Skype. |
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hazek
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April 23, 2012, 08:50:35 PM |
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Aww. I wish I was at that conference. That'd be fun to troll. I'd ask them all if they've heard of MicroCash and tell them it's going to explode and take the world by storm! (sic) I am trolling in a way. They are all dressed professionally and I have on a Bitcoin t-shirt. LOL LOL n1  |
My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)
If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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Matthew N. Wright
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April 23, 2012, 08:52:11 PM |
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Aww. I wish I was at that conference. That'd be fun to troll. I'd ask them all if they've heard of MicroCash and tell them it's going to explode and take the world by storm! (sic) I am trolling in a way. They are all dressed professionally and I have on a Bitcoin t-shirt. LOL Tell Charlie and Tony I said Hi and to take a picture together for me for the site if they can. They aren't responding on Skype. They are in a session and I'm leaving. There is no way I'm paying $600 to go in there. Gross. Nevermind. You can see them for free after. |
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BitPay Business Solutions
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April 23, 2012, 09:24:10 PM |
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We will take a pic. I also gave a pitch on the merchant value of bitcoin, and got quite a few people approach me afterwards.
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BitPay : The World Leader in Bitcoin Business Solutions https://bitpay.comDoes your website accept bitcoins? |
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BitPay Business Solutions
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April 23, 2012, 09:27:28 PM |
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I am trolling in a way. They are all dressed professionally and I have on a Bitcoin t-shirt. LOL
The t-shirt is how I found you! |
BitPay : The World Leader in Bitcoin Business Solutions https://bitpay.comDoes your website accept bitcoins? |
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Jointops420
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April 23, 2012, 09:50:13 PM |
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Are you two standing in front of each other and communicating through the forum?
j/k
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Gabi
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If you want to walk on water, get out of the boat
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April 24, 2012, 11:58:46 AM |
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Interesting.
From the Gandhi quote i suppose we are in "they fight you" situation now, he didn't laugh at bitcoin saying "oh it is just a joke, it will soon disappear". No, he repelled the question at all.
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ribuck
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April 24, 2012, 01:18:27 PM |
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You guys seem to be assuming that this means Amex is afraid of Bitcoin.
Perhaps it actually means that Amex is working on a Bitcoin application that they don't wish to discuss yet.
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TheHarbinger
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Why is it so damn hot in here?
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April 24, 2012, 01:57:27 PM |
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Aww. I wish I was at that conference. That'd be fun to troll. I'd ask them all if they've heard of MicroCash and tell them it's going to explode and take the world by storm! (sic) I am trolling in a way. They are all dressed professionally and I have on a Bitcoin t-shirt. LOL Tell Charlie and Tony I said Hi and to take a picture together for me for the site if they can. They aren't responding on Skype. They are in a session and I'm leaving. There is no way I'm paying $600 to go in there. Did you try to pay them in BTC? |
12Um6jfDE7q6crm1s6tSksMvda8s1hZ3Vj
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BitPay Business Solutions
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April 24, 2012, 04:09:29 PM |
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You guys seem to be assuming that this means Amex is afraid of Bitcoin.
Perhaps it actually means that Amex is working on a Bitcoin application that they don't wish to discuss yet.
This was exactly my impression based on his body language and when I talked to him afterwards. |
BitPay : The World Leader in Bitcoin Business Solutions https://bitpay.comDoes your website accept bitcoins? |
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evoorhees (OP)
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Democracy is the original 51% attack
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April 24, 2012, 05:15:50 PM |
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You guys seem to be assuming that this means Amex is afraid of Bitcoin.
Perhaps it actually means that Amex is working on a Bitcoin application that they don't wish to discuss yet.
The way I perceive it is more that Bitcoin elicits many weird/awkward questions about not only technology but money and even political and economic theory. It's a deep and tricky subject, and a smart and well-groomed VP might do well to avoid such topics. I don't think AMEX is afraid of Bitcoin, but it probably makes them uncomfortable, just because it's so damn weird. |
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