bit¢oin$

http://ftalphaville.ft.com/2015/12/11/2147499/doubts-grow-over-craig-s-wrights-connection-to-satoshi-nakamoto/

might not be him after all, which is too bad cause it made a good narrative

but i don't get how it's not even a solution to a subproblem. does it not actually do what it is purported to do?

― flopson, Thursday, December 10, 2015 10:59 AM Bookmark Flag Post Permalink

its a solution to a "distributed ledger" -- which is related to BG, but only in the sense that every system that involves more than one party and some degree of trust is related to BG.

it does provide a relatively trustworthy way to provide an account of transactions that are "witnessed" by the "public" (where here the "public" is "machines running bitcoin mining operations").

So instead of "Bitcoin is the first practical solution to a longstanding problem in computer science called the Byzantine Generals Problem" imagine somebody wrote "Uber is the first practical solution to a longstanding problem called getting from one place to another" -- its not a great analogy, but maybe it gives a sense.

good roundup http://www.newyorker.com/business/currency/bizarre-saga-craig-wright-latest-inventor-bitcoin

http://blog.acton.org/wp-content/uploads/2014/03/bitcoin-dead.jpg

http://i.imgur.com/OjOi8I8.jpg

who makes those jeans

Casual Male XL?

can those arms even hold that sword upright?

it's Inner Strength that matters duh

http://i.imgur.com/3FnkOJW.png

because you're an idiot, best known for playing idiots on TV

surely the right move is to use the butterfly effect power to make his past self buy bitcoin imo

http://www.theatlantic.com/technology/archive/2016/02/hackers-are-holding-a-hospitals-patient-data-ransom/463008/

A hospital in Los Angeles has been operating without access to email or electronic health records for more than a week, after hackers took over its computer systems and demanded millions of dollars in ransom to return it.

The hackers that broke into the Hollywood Presbyterian Medical Center’s servers are asking for $3.6 million in Bitcoin, a local Fox News affiliate reported. Hospital staff are working with investigators from the Los Angeles Police Department and the FBI to find the intruders’ identities.

bitcoin is fostering so many great innovations

it's already disrupting a hospital

http://wp.production.patheos.com/blogs/slowchurch/files/2014/10/Beetcoin.jpg

This is why you have to hand over all your phone passwords to the government immediately

It is physically impossible to investigate and prosecute an extortion case without breaking into everybody's phone. It has never been done before. Look it up!

as a law abiding citizen i want the government to have my phone

going to have tons of pictures of my genitals with a bitcoin logo in the corner and tell them there is steganographic data hidden in the images

after scrutinizing my dick they will realize there is no data

your genitals... have corners?

https://www.youtube.com/watch?v=_Mwqgkk6DBk

corner of the images

I deny the corner aspect of my junk, but you will have to hack my phone to be sure

they paid teh bitcoinz

http://www.latimes.com/local/lanow/la-me-ln-hollywood-hospital-bitcoin-20160217-story.html

pretty reasonable price tbf

The hacker demanded 40 bitcoin, the equivalent of about $17,000, he said.

where'd the $3m figure come from??

hes was prob like give me 3m and they were all we can do 17k and he was all ok

http://www.theverge.com/2016/3/2/11146584/bitcoin-core-classic-debate-transaction-limit-crisis

oops

and its...not affecting the price at all?

http://i.imgur.com/tlH97jm.jpg

The blockchain: here be dragons?

Just saw Dope. Fun flick, has bitcoins in it.

Don't really know what thread to talk about it in bc too hard to search the title

https://bitcoinmagazine.com/articles/i-m-a-former-green-beret-here-s-how-i-would-bring-down-bitcoin-1456165726

excellent url just impeccable

best part is

Take down Blockstream and you take down over half the Core development team. Palantir is one of the mapping tools you can use.

as if Palantir is just some shareware browser plugin you can get at Download.com

actually, i take it back, that is super scary some low level government shitheel would think of Palantir the same way a law school student would respond to their free access to Lexis/Nexis.

eh he prob just read abt it online

lmfao http://www.wired.com/2016/06/50-million-hack-just-showed-dao-human

the blockchain is the future of nerds stealing money from nerds

that bitcoin embassy storefront thing is mysteriously still open in montreal a year after I first spotted it. they have to be helping ppl move money for organized crime, right?

my local bodega has a bitcoin ATM. i asked the owner and he said people use it to send money back to their relatives in other countries.

also omg read this in the comic book guy voice

The usual plague of so-called “experts” have come out of the woodwork following today’s attack on TheDAO, to tweet, blog and bloviate their hindsight-informed opinions about TheDAO’s “failure” and the implications for the future of smart contracts (despite the fact that most of them barely can barely string together a coherent description of what a smart contract is, let alone write one).

https://jackgavigan.com/2016/06/17/why-i-think-thedao-is-a-success/

http://i.imgur.com/V1VTTWV.jpg

I could write a contract that would make your dick shrivel

a bitcoin-style currency called Ether

was vaporcoin already taken

wow ether and dao great names nerdloafs

ethan and dayo

the dao got.. wait for it... are you ready... ethered.