Topic: FEAR the BITCOIN - page 3. (Read 2964 times)

Who knows, you might be right.Its a great strategy to make people believe that bitcoin is safe and made to protect their privacy  when in reality they have all the control over it. `

You are welcome to your opinion. I've looked at the source code, and I don't see anything that indicates a government conspiracy, but it certainly isn't outside the realm of possibility.


It can. But now without significant effort.  Anyone who tells you that bitcoin is intrinsically anonymous is either lying to you or uneducated on the matter.


You can believe whatever you want.  I don't see a cost effective method for "the man" to shut this down, and I don't see anyone making such an effort.  Certainly if extreme resources were put to the task, it would be possible to significantly disrupt the stability of bitcoin and possibly cause users to lose faith.


How exactly would such "requirements" be implemented?


If people allow governments to act against their best interests, then governments can get away with just about anything. Neither bitcoin, nor any other concept, can avoid that.


Perhaps.  Or perhaps the "feel good" story of an "average joe" suddenly discovering unrealized wealth makes for a great story to attract readers.  This in turn sells more advertising at a higher price.  Difficult to say which is the cause and which is the effect.


The uses increase every day.  Bitcon is still in it's infancy.  If someone looked at TCP/IP in the 1970's and tried to determine its success based on what they could do with it at that time, they also wouldn't see the potential.  However, over time, more features are added, layers of interface are added, and eventually you have online shopping, streaming video, voice over IP, and a multitude of other uses.  Bitcoin is likely to be similar.  It is a very low level protocol which will have features and layers added on top of it over time.  The future potential far exceeds the current uses.

You don't even know what "Open Source" means, am I right?

At this stage, Bitcoin its definitely better if all the crazy people just sell and leave us alone^^

No need to jump all over my post....

I am an average Joe(Jane).  I am aware of my ignorance when it comes to bitcoin!  

It caught my attention about a month back, so I began researching a bit.  My first thought was "wow, finally, the people are taking back a bit of power (privacy) from the MAN" OR "this will be the biggest misconception on the planet".  

As I learned more about bitcoin, my views changed...several times.  However, I am now back to the opinin that...government must have a hand in this.  As stated, it appears to be going to smoothly. I feel that on the surface it would appear that bitcoin can provide anonymity....really?, cmon?? Am I to believe that the man COULDN'T shut this down asap?  Even I (yes, a walmart shopper lol) can see that long term (once "requirements" are implemented....ohhhh the lovely requirements!!!) we will have given up even more power/privacy.  Those that get in on the ground level (the smart and the wealthy)will simply be appeased and not cause an uprise.  And once this is dumbed down for the average sheep....bam...the gov accomplishes its goal. Hmmmmmm...all the wonderful stories in the media of people suddenly finding new wealth...that would be a real hook for the common folk, wouldn't it?

Uhhhhhhh.....I AM common folk.  The media coverage on the topic is what brought me here!

I have managed to obtain a portion of a bitcoin (took me a month to figure it out lol, and just a poor ol' girl so didn't buy much). My question is...unless I eat a lot of pizza, where bitcoin tshirts, or become a computer techy, what use does my bitcoin have at present?  Hmmmmm...I could just sit on it, and watch it grow!!!!  

Perhaps I'm not such a dumbass hahaha

Again....please don't respond too harshly
Just my opinion!

And here's that second post you mentioned...

 

Wow, I hadn't realized my post count was so high.

Maybe I need to take a break from bitcointalk for a while 

I am just trying to get my post count up to Danny's.  But it is not working because for every post I make he makes two.

But, I do have him beat on my activity number!

I'm fully aware of that.  The conversation is entertaining.

You guys are posting in a troll thread, FYI. It's no use responding to it.

Not by looking at wallets and IP's , do your homework.

All we need to make bitcoin completely track-proof is some big money laundering service which can say "fuck you" to the government.

Let's take PrimeDice for exmple. Add internal wallets/balance to that - and there - you have it. Ideal money laundering service.

Kinda like TF's inputs.io , if he hadn't screwed it. Offchain laundering basically. To be effective it needs to be widely accepted and government-proof, maybe even p2p or something.

And CIA can suck on some cock.

Sorry, I use a new address for EVERY TRANSACTION.  It is a simple step that everyone should take.

As such, the employer will know the list of addresses where they sent my pay, but they won't know any of my other addresses.

Furthermore, I can forward those bitcoins I receive from my employer to a random list of new addresses that I create sending a random amount of bitcoins to each address.  As such, the employer won't know which of those outputs are to addresses that I own, and which are payments to someone else whose addresses my employer doesn't know.

From there, I can choose to only do business with entities that use a new address for every transaction.  As such, the employer won't know what I am buying, because they won't know who owns the addresses that I am paying.

Here is an address that I received a bitcoin payment at recently (1AtcerBxCDe3KUWR2HoFJ1BRcJHMARt5Hv).  Please estimate for me the total number of bitcoins that I am currently holding.  Additionally please tell me the owner of any address that I have ever sent bitcoins to based only on knowing this bitcoin address (no cheating and searching the forum for someone that I've publicly stated that I purchased from or sold to).


No, they won't.  But if you are careless, they might do that to you.

At least CC companies are private, and harder to acquire. BTC is open souce to the public.

They can do that by tracing your Debit and CC usage too so what's your point?

Here is one of my addresses:  

https://blockchain.info/address/1BurtWEejbnKeBRsvcydJvsNztB1bXV5iQ

It is no secret.  If it is so easy then have at it and see what you can find.  Good luck!

I will give you a clue.  A while back I bought some girl scout cookies with BTC.  See if you can spot that transaction!

You will need to be paid by your employer with your address , right? .Very easily done!

If your somebody who likes to collect firearms, an employer might be scared to hire you.

If your somebody who enjoys to drink alcohol , an employer might not like that.

Employers will know everything you buy , and start judging you, based on your life style

First they'll have to figure out which addresses are mine.

Then they'll have to figure out who owns the addresses that I send bitcoins to.

That won't be very easy to do.

And we don't need to.  Why would we care?


A sense of open source?  Do you even know what open source is?  There is no "sense of open source" here.  It IS open source.


Sold by whom?  Nobody who knows what they are talking about said that it was anonymous.  It has always been described as pseudonymous by any knowledgeable educated person.  If individuals failed to do enough research to understand that, then that is on them.  Caveat emptor my friend, caveat emptor.


Commercialized wallet?  What commercialized wallet are you talking about?


What does SR and DPR have to do with this. Why do we care what we've been told about it, or who DPR is, or where he is, or if he's real?




What banksters are controlling what?  That statement doesn't even make sense.

Your employer will need your BTC address to pay you, and since the block chain is Open Source (open to the public), wait until all the employers have access to your purchasing history. So they could determine if  you are a responisble person to hire.(In there eyes)

Everybody will have access to all of your transactions because the blockchain is open source to public

IMHO BTC is GOV friendly and it is more traceable than cash - anything digital is - , it looks like that's the future we are heading , just remember that the US debt is in dollars   , for me that's a plus for BTC ...

i been following bitcoin for quite a while now, took my time to research and get to know the history of it. still, too many things are too vivid. first of all we know nothing of satoshi - ok he had the whitepaper and community sort of helped him to finalise the code but dont you think that there is possibility of it being implemented this way for a reason of creating sense of open source? the fact that idea was sold to bunch of libertarians on basis its anonymous is farce as it very well can be within the code but not within commercialised wallet. record keeping like n s a is using now can easily jeopardise that. as you know this particular government always needs enemies. before they were terrorists with 9/11 as pretext, now we have silk road and like. i mean what details do we know about sr seizure apart from those told to us by government agencies? do we know who dpj really is? where is he now? is he real? this just creates more questions and now usa is doing a "good thing" by letting same banksters to gain control over what we treasure most! - our purchasing freedom and privacy will be more invasive with cash being abandoned. we will be forced to exchange in bitcoins with every detail of transaction documented. its a very slippery slope we are on now and we should not be blinded by the fact we are getting wealthy due to our intellect and curiosity. we must also be watchful and demanding in order to keep bitcoin as free as possible, otherwise the puppeteers will seize control within ten years or even less.