ingler

10 ms·

61.
by ingler 12y ago
Probably so. It still doesn't take away from Bitcoin's underlying usefulness.
62.
by ingler 12y ago
> "Forfeiture has its basis in British admiralty law" British admiralty law is the bane of the American legal system: "Next to revenue (taxes) itself, the late extensions of the jurisdiction of the admiralty are our greate
63.
by ingler 12y ago
I'd never claim to be normal, but I'm neither a bitcoin millionaire nor a criminal. If Bitcoin is "too hard" to figure out for someone, they probably shouldn't use it.
64.
by ingler 12y ago
Security isn't ever easy. Sacrificing convenience is an easy trade.
65.
by ingler 12y ago
All currencies and value systems have their own inherent strengths and weaknesses, depending on how and where they're being used. Bitcoin is no different. The all or nothing thinking when it comes to currencies reminds me of hearing pe
66.
by ingler 12y ago
> that bitcoin is anonymous It used to be anonymous. It's now highly traceable due to AML and KYC having been introduced into the Bitcoin ecosphere by regulation.
67.
by ingler 12y ago
> BTC is hard to keep secure. It's very easy to secure. Create keypairs offline. Print keypairs. Send coins to address(es). Store paper wallet in safe place.
68.
by ingler 12y ago
It's a crap article. I'm an early adopter and I've never bought drugs with btc, contrary to the article's unfounded claims. Whoever created Bitcoin solved a problem: how is something of value sent from person A to person
69.
by ingler 12y ago
I haven't seen van Eck phreaking[0] or Tempest[1] mentioned yet. Not that the BBC would use the tech, but it seems pertinent. [0] http://en.wikipedia.org/wiki/Van_Eck_phreaking [1] http://en.wikipedia.o
70.
National Security and Double Government(papers.ssrn.com)
3 points by ingler 12y ago|0 comments
71.
by ingler 12y ago
The NSA doesn't consider itself bound by law and hasn't since its inception. During the Church Committee hearings in the 70s, the NSA's general counsel admitted as much: “No existing statutes control, limit, or define the sig
72.
by ingler 12y ago
That's why I suggested a paper wallet with offline-generated keypairs. Bitcoin isn't ready for prime time, agreed. But it's still here.
73.
by ingler 12y ago
I see no flaw in my thinking. I'm not the average person. Perhaps people should get up to speed before using Bitcoin unless they want to lose their money. Storing btc with a third party is a great way to lose them.
74.
by ingler 12y ago
I'll import the keys into the reference client. Or I can create a transaction by hand and inject it into the network.
75.
by ingler 12y ago
I honestly don't understand using a service to store bitcoins when a paper wallet using keypairs with offline-generated addresses is so readily available. One of the aspects of Bitcoin that gives it value is cutting out third parties f