He stabbed his father with a kitchen knife, not a prison knife.
I was wondering.
I started to think they came up with an innovative way to cut down prison population my issuing the inmates with knives... Perhaps we should tweet that to Trump, he may run with the idea.
Some of us do not care that we missed out on Ponzi schemes which no amount of sophisticated programming to create buzzwords such as decentralized and blockchains can hide it from being.
The fact is while you can see transactions going back and forth in bitcoin constantly there is no way to use just that information to 'trivially' track anyone's spending or let alone their holdings.
It is like looking at stock trades and expecting to know who made them just by the fact that you are looking at them. With stock trades, it may be possible to dig deeper and find that information because it is a centralised system but even then there is no guarantee.
With bitcoin just looking at the transactions provides even less information as to who made them and who they were transacting with and there is no centralised system to dig further into.
So, to sum it up, the guy is a fool if he thinks peoples transactions are trivial to track and you are a fool to think that Governments are able trivially able to do it as well. It is extremely hard and needs a lot of information from outside of the blockchain that is very hard to find. Look at the darknet markets, sure they get busted every now and then because of their slipups but it is exceedingly rare for their clients to get caught.
I am saying all we have at the moment is hearsay. Somebody gave someone else something and someone says someones else verifies it.
I am not even saying it isn't true, I am just saying that in bitcoin there are A LOT of fakes out there and until you actually get the evidence treat everything with suspicion. Fortunately, bitcoin being based in cryptography we can have overwhelming evidence that something is true or not and that makes it even more suspicious when we have a "take my word for it" story like this.
Slashdot it totally farked at the moment BUT what I was going to say is that we only have the users word that the original recipient of the emails said they are real.
This is one reason bitcoin and other digital currencies have difficulty going mainstream. Sure my hardware bitcoin wallet might be 100x more secure than my credit card, but if it gets compromised, I'm screwed. If my credit card gets compromised, I'm merely inconvenienced.
The thing with that though is that bitcoin just is not vulnerable at all like credit cards. There is no way someone can copy down the details you gave someone else legitimately to make a payment and just start using them to charge up things on your account.
Slashdot Mirror
EMACS? Nano?
Real programmers use VI.
Well done.
I cannot tell if your serious or not.
As far as I know, you cannot put something like:
> In the event of us being negligent we are not responsible
into A TOS and expect it to be enforced. IANAL though.
He stabbed his father with a kitchen knife, not a prison knife.
I was wondering.
I started to think they came up with an innovative way to cut down prison population my issuing the inmates with knives... Perhaps we should tweet that to Trump, he may run with the idea.
Still upset you missed out on the train eh?
Some of us do not care that we missed out on Ponzi schemes which no amount of sophisticated programming to create buzzwords such as decentralized and blockchains can hide it from being.
Ta
So really really upset then?
Your bitcoins only belong to you if more than 50% of the bitcoin mines agree that they do.
That is really not how it works.
If more than 50% of miners conspire to take your ownership of bitcoin away from you they just made an altcoin. You still have your bitcoins.
They are both. Discuss.
Yeah, well that still is not what he said.
The fact is while you can see transactions going back and forth in bitcoin constantly there is no way to use just that information to 'trivially' track anyone's spending or let alone their holdings.
It is like looking at stock trades and expecting to know who made them just by the fact that you are looking at them. With stock trades, it may be possible to dig deeper and find that information because it is a centralised system but even then there is no guarantee.
With bitcoin just looking at the transactions provides even less information as to who made them and who they were transacting with and there is no centralised system to dig further into.
So, to sum it up, the guy is a fool if he thinks peoples transactions are trivial to track and you are a fool to think that Governments are able trivially able to do it as well. It is extremely hard and needs a lot of information from outside of the blockchain that is very hard to find. Look at the darknet markets, sure they get busted every now and then because of their slipups but it is exceedingly rare for their clients to get caught.
I'm sure the GP doesn't care enough about ASDFnz to put in the effort, and also doesn't have the resources of a government
Why would you need the resources of a Government if it is trivial like he said?
Fine, tell me how much bitcoin I have and what I last spent it on.
Waiting for your excuses now.
It is quite trivial to track them down unless extra effort it taken to stay hidden.
What bullshit.
Bitcoin has plenty of intrinsic value.
Bitcoin is not stocks or houses.
If it actually did have some value then we'd be measuring the value of the US dollar in terms of Bitcoin.
That is exactly what we are doing.
Yep, there you are! LOL
..... from those that think they missed out.
Who is this "the government" you keep referring to? The UN? The IMF?
I am curious to know what global governing body you think has this much power?
Perhaps paraplegics, I mean, how would a quadriplegic even operate the toilet? With their mouth?
I am willing to entertain you, what more would you suggest past what is currently done?
The droning community needs to do a much better job of policing itself or we are going to lose our nice things.
Yes, because one air collision accident in the entire history of aviation & drones proves that the firgen world is about to end.
Seriously, golf balls are more of a danger. Don't get all hysterical because of one accident (ever).
I am saying all we have at the moment is hearsay. Somebody gave someone else something and someone says someones else verifies it.
I am not even saying it isn't true, I am just saying that in bitcoin there are A LOT of fakes out there and until you actually get the evidence treat everything with suspicion. Fortunately, bitcoin being based in cryptography we can have overwhelming evidence that something is true or not and that makes it even more suspicious when we have a "take my word for it" story like this.
Slashdot it totally farked at the moment BUT what I was going to say is that we only have the users word that the original recipient of the emails said they are real.
Did you even read the summary?
Yes. More importantly, I read them when they were released here:
1) some other user published them,
Thats right
2) the original recipient of the emails said they are real.
https://bitcointalk.org/index....
Yes, both of them could be lying, but isn't the recipient/participant in the conversation saying they're real verification for these purposes?
Wait for some sort of verification before you start a "Satoshi Said" holy war.
This is one reason bitcoin and other digital currencies have difficulty going mainstream. Sure my hardware bitcoin wallet might be 100x more secure than my credit card, but if it gets compromised, I'm screwed. If my credit card gets compromised, I'm merely inconvenienced.
The thing with that though is that bitcoin just is not vulnerable at all like credit cards. There is no way someone can copy down the details you gave someone else legitimately to make a payment and just start using them to charge up things on your account.