Jimmy_Zed
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Activity: 112
Merit: 10
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November 16, 2014, 07:25:57 AM |
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Hello, I am wondering if Bitcoin can be used for military purposes and has military usage Are they even allowed to use Bitcoin? I have read on the website Resilience and decentralization
By its high decentralization, Bitcoin created a different form of payment network with an increased level of resilience and redundancy. Bitcoin can handle millions of dollars in trades without requiring military protection. With no central point of failure such as a data center, attacking the network is a more difficult project. Bitcoin could represent an interesting step forward in securing local and global financial systems.
Please confirm if Bitcoin can or cannot be used for military purposes and has military usage and if they are allowed to use Bitcoin. Thank You It could potentially be used for pretty much anything. You name it...
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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bitnanigans
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November 16, 2014, 08:55:07 AM |
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Of course it can. It's got value.
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bornil267645
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November 16, 2014, 02:40:52 PM |
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They are anonymous anyway so why bother using it. Bitcoin is for guys like us who would love to buy pizza without letting anyone know.
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BillyBobZorton
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Merit: 1028
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November 16, 2014, 03:31:24 PM |
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I'm not talking about data, I'm saying if they were to make illicit transactions themselves they would happily do it, so you can expect them to do the same kind of PR exercises that intelligence agencies do with the drug markets, take down a site here and there if things get bad but allow ones to exist that they'll harass for information and favours every now and then.
Bitcoin is a tool, just like a rifle is a tool, you can use it to defend yourself from a huge grizzly bear about to tear your face appart or you can use it against innocent people. Bitcoin is neutral.
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Erdogan
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Merit: 1005
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November 16, 2014, 03:46:52 PM |
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Hello, I am wondering if Bitcoin can be used for military purposes and has military usage Are they even allowed to use Bitcoin? I have read on the website Resilience and decentralization
By its high decentralization, Bitcoin created a different form of payment network with an increased level of resilience and redundancy. Bitcoin can handle millions of dollars in trades without requiring military protection. With no central point of failure such as a data center, attacking the network is a more difficult project. Bitcoin could represent an interesting step forward in securing local and global financial systems.
Please confirm if Bitcoin can or cannot be used for military purposes and has military usage and if they are allowed to use Bitcoin. Thank You Shure. Thei should include a paper wallet in the rescue pack for fighter pilots, in addition to the gold coins.
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Flashman
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November 16, 2014, 03:47:01 PM |
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What we need is someone to do a tacticool hardware wallet with picatinny mounts
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TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6
Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins.
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Flashman
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November 16, 2014, 03:48:35 PM |
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Shure. Thei should include a paper wallet in the rescue pack for fighter pilots, in addition to the gold coins.
That's not a bad idea, a digital age goolie chit.
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TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6
Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins.
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Ron~Popeil
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November 16, 2014, 04:52:02 PM |
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I'm not talking about data, I'm saying if they were to make illicit transactions themselves they would happily do it, so you can expect them to do the same kind of PR exercises that intelligence agencies do with the drug markets, take down a site here and there if things get bad but allow ones to exist that they'll harass for information and favours every now and then.
Bitcoin is a tool, just like a rifle is a tool, you can use it to defend yourself from a huge grizzly bear about to tear your face appart or you can use it against innocent people. Bitcoin is neutral. Exactly. Bitcoin is indifferent. People will use it for nefarious purposes and for benevolent purposes. Every other currency is the same way. Neither good nor bad.
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thew3apon
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November 17, 2014, 05:16:03 AM |
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I'm not talking about data, I'm saying if they were to make illicit transactions themselves they would happily do it, so you can expect them to do the same kind of PR exercises that intelligence agencies do with the drug markets, take down a site here and there if things get bad but allow ones to exist that they'll harass for information and favours every now and then.
Bitcoin is a tool, just like a rifle is a tool, you can use it to defend yourself from a huge grizzly bear about to tear your face appart or you can use it against innocent people. Bitcoin is neutral. The same can be said about any other currency. But I think that bitcoin can most likely not be used for any kind of military attack.
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