Astrohacker

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91.
by Astrohacker 15y ago
I think it may be prudent to begin encrypting all data on disk that can reasonably be encrypted while being able to set up the server remotely so that no one can just snatch your server and get all your data. This could work by encrypting y
92.
by Astrohacker 15y ago
There is a solution to this problem. Websites should allow people to log in with their public key. You can create a new, internet-only identity with a public key. This would be a little cumbersome at first, but if browsers supported this ab
93.
by Astrohacker 15y ago
There are two sides to this story. Here is Mt Gox's response: https://forum.bitcoin.org/index.php?topic=20250.0
94.
by Astrohacker 15y ago
Sounds like a startup opportunity.
95.
by Astrohacker 15y ago
Due to some US law, they restrict withdrawals to $1000/day. That includes bitcoins. Presumably, they do that to make sure they are well within the law.
96.
by Astrohacker 15y ago
> I'm tired of the Kurzweil meme because I feel that it gives people a comfort that we'll reach some kind of Utopia without much effort. Sounds like you're arguing we shouldn't hold comforting beliefs because, even if they are true, the
97.
by Astrohacker 15y ago
One of Kurzweil's important points is that humans consistently underestimate the speed of exponential growth. We have a natural bias to assume rates of growth are constant. But with exponential growth, the rate of growth is exponential, and
98.
by Astrohacker 15y ago
There's no way to know which IP address corresponds to which bitcoin address.
99.
by Astrohacker 15y ago
> Banks are regulated by law and have the funds insured by FDIC. i.e even if the bank goes belly up, the FDIC will make sure the depositors get the money. With BitCoin, how do you trust a bank? There were banks before the FDIC and peopl
100.
by Astrohacker 15y ago
It's not a free lunch. They can sell the bitcoins on the market if they need USD.
101.
by Astrohacker 15y ago
Thanks, this is a lot better than the truecrypt system I had set up. Although I have a sqlite database that seems not to work with this... that will be staying in the truecrypt file system.
102.
by Astrohacker 15y ago
They're Bayesian probabilities, not frequencies.
103.
The Time is Now for Bitcoin Startups(astrohacker.com)
17 points by Astrohacker 15y ago|27 comments
104.
by Astrohacker 15y ago
This is a nice list; I haven't heard of most of these before. I was wondering, due to all the recent press about bitcoin, if there are any competing currencies for bitcoin, and this article helps answer that question. However, all of the re