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Topic: blog.ml-implode.com: A Computer Scientist and “Gold Bug” Analyzes BitCoin (Read 1567 times)

legendary
Activity: 1764
Merit: 1002
Aaron Krowne is a quality guy.  too bad he thinks Bitcoins can be inflated.
full member
Activity: 182
Merit: 100
Finding Satoshi
Well regardless of the mix-up, at least he's willing to give Bitcoins.
legendary
Activity: 826
Merit: 1001
rippleFanatic
He starts out repeating the same confusion in the dailytech article he links.  They both mix up the 6-13 theft of allinvain's wallet and the 6-19 breach of MtGox.  Two totally different, unrelated security breaches.
newbie
Activity: 56
Merit: 0
hero member
Activity: 630
Merit: 500
Posts: 69
The best part about this blog is 1 million visitors per month and 50,000,000 since 2007.
hahaha, didn't even notice the big counter on the bottom, great.
legendary
Activity: 1652
Merit: 1006
The best part about this blog is 1 million visitors per month and 50,000,000 since 2007.

yeah there is that possible all electricity in the world goes out situation

Bitcoin does not need to die even with an extended power outage (talk about a doomsday scenario!). With bitcoin phone apps or dedicated wireless bitcoin gadgets (with proximity auto-sync), the bitcoin network might still be able to propagate its connections, albeit at an extremely slow rate.

hero member
Activity: 630
Merit: 500
Posts: 69
Decent read.  I can see Bitcoin more or less just being it's own monetary system going alongside the dollar for quite a while, and yeah there is that possible all electricity in the world goes out situation, which is why a physical existence of something will always be necessary.

I actually have some relevant credentials: here.
sr. member
Activity: 372
Merit: 250
legendary
Activity: 1652
Merit: 1006
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