Topic: Fuck the crash, lets just keep moving forward - page 2. (Read 5660 times)
I'm tellin ya. Let's just set up fractional reserve insurance. Don't give bitcoins to anyone that don't want to use it.
What we need is ewallet insurance and real security policies.
true that, the first major ewallet/bitcoin bank that comes out with real auditing from 3rd party security auditors, transparent policies, and insurance on balances will have my business. Add mobile banking and instant transfers to any other member of the bank and they'll be off to the races.
Better yet. Have technological means in place so that a 3rd party audit will not even be necessary any more!! (as e.g. discussed in this topic: https://bitcointalksearch.org/topic/total-exchange-transparency-linking-virtual-trades-to-bitcoin-transactions-34118)
Restrict mining and any trading to people who have verified their identity and credentials with a central authority.
We all love the idea of decentralized this, anonymous that... and you know what? we've seen just how flawed the idea of that is. You have hackers and scammers coming out of the woodwork because of the open, anonymous, accountability free nature of bitcoin.
That is the downfall of bitcoin. By leaving it wide open, you encourage criminals and little kids to swarm to it and try to steal and cheat any way they can imagine with no repercussions.
OH, you're not 18? bitcoin isn't for you. Oh, you can't verify your identity... bitcoin isn't for you.
There you go.
We all love the idea of decentralized this, anonymous that... and you know what? we've seen just how flawed the idea of that is. You have hackers and scammers coming out of the woodwork because of the open, anonymous, accountability free nature of bitcoin.
That is the downfall of bitcoin. By leaving it wide open, you encourage criminals and little kids to swarm to it and try to steal and cheat any way they can imagine with no repercussions.
OH, you're not 18? bitcoin isn't for you. Oh, you can't verify your identity... bitcoin isn't for you.
There you go.
It's cash. You can't regulate cash. That's what makes bitcoin useful. I think people should stop trying to treat bitcoin as something that it is not. When you send cash across the web you better be willing to take the loss if the other party doesn't honor their obligation. This should severely restrict who you do business with. As Matonis has commented in several places, bitcoin is likely better suited for hawala purposes. Merchants must make themselves highly transparent if they wish to attract cash-paying customers.
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"How do you eat an elephant? One bit at a time..."
Restrict mining and any trading to people who have verified their identity and credentials with a central authority.
We all love the idea of decentralized this, anonymous that... and you know what? we've seen just how flawed the idea of that is. You have hackers and scammers coming out of the woodwork because of the open, anonymous, accountability free nature of bitcoin.
That is the downfall of bitcoin. By leaving it wide open, you encourage criminals and little kids to swarm to it and try to steal and cheat any way they can imagine with no repercussions.
OH, you're not 18? bitcoin isn't for you. Oh, you can't verify your identity... bitcoin isn't for you.
There you go.
We all love the idea of decentralized this, anonymous that... and you know what? we've seen just how flawed the idea of that is. You have hackers and scammers coming out of the woodwork because of the open, anonymous, accountability free nature of bitcoin.
That is the downfall of bitcoin. By leaving it wide open, you encourage criminals and little kids to swarm to it and try to steal and cheat any way they can imagine with no repercussions.
OH, you're not 18? bitcoin isn't for you. Oh, you can't verify your identity... bitcoin isn't for you.
There you go.
It's cash. You can't regulate cash. That's what makes bitcoin useful. I think people should stop trying to treat bitcoin as something that it is not. When you send cash across the web you better be willing to take the loss if the other party doesn't honor their obligation. This should severely restrict who you do business with. As Matonis has commented in several places, bitcoin is likely better suited for hawala purposes. Online merchants must make themselves highly transparent if they wish to attract cash-paying customers.
Maybe the insurance task force could also be responsible for what checkpoints to retain and when to insert checkpoints?
Miners could vote on it, aware of the guns of their local police forces breathing down their necks, to do things like remove any checkpoints that happened since allinvain lost 25000 coins, create a block in which he sent those coins to the CIA or FBI or a spare wallet of his own for safekeeping, make that block a checkpoint, orphaning everything that happened since, and start putting back into blocks of the new real chain everything that happened since, except, of course, anything that is not valid due to being dependent upon his having lost his coins...
-MarkM- (The Institute of Chronodynamics should look into this, their alternate history/timelines department might love it...)
Miners could vote on it, aware of the guns of their local police forces breathing down their necks, to do things like remove any checkpoints that happened since allinvain lost 25000 coins, create a block in which he sent those coins to the CIA or FBI or a spare wallet of his own for safekeeping, make that block a checkpoint, orphaning everything that happened since, and start putting back into blocks of the new real chain everything that happened since, except, of course, anything that is not valid due to being dependent upon his having lost his coins...
-MarkM- (The Institute of Chronodynamics should look into this, their alternate history/timelines department might love it...)
What we need is ewallet insurance and real security policies.
true that, the first major ewallet/bitcoin bank that comes out with real auditing from 3rd party security auditors, transparent policies, and insurance on balances will have my business. Add mobile banking and instant transfers to any other member of the bank and they'll be off to the races.
Restrict mining and any trading to people who have verified their identity and credentials with a central authority.
We all love the idea of decentralized this, anonymous that... and you know what? we've seen just how flawed the idea of that is. You have hackers and scammers coming out of the woodwork because of the open, anonymous, accountability free nature of bitcoin.
That is the downfall of bitcoin. By leaving it wide open, you encourage criminals and little kids to swarm to it and try to steal and cheat any way they can imagine with no repercussions.
OH, you're not 18? bitcoin isn't for you. Oh, you can't verify your identity... bitcoin isn't for you.
There you go.
We all love the idea of decentralized this, anonymous that... and you know what? we've seen just how flawed the idea of that is. You have hackers and scammers coming out of the woodwork because of the open, anonymous, accountability free nature of bitcoin.
That is the downfall of bitcoin. By leaving it wide open, you encourage criminals and little kids to swarm to it and try to steal and cheat any way they can imagine with no repercussions.
OH, you're not 18? bitcoin isn't for you. Oh, you can't verify your identity... bitcoin isn't for you.
There you go.
The best I can think of is a website with a list of all the Bitcoin organizations and everyone casts a vote on their experience with them. Easy, simple, effective.
We need transaction insurance. Like I said before the party that isn't getting the bitcoins is the only side that needs insurance. It is definitely financially doable.
"This website is down being checked for malicious content"
what dirty trick are you playing sir?
no trick it is a simple html page i put up on a free web hosting site to show my idea
it will be back once they see there is no malicious content.... there's hardly any content :p i made it just b4 in 10 mins lol
Let's start with having 30 days in a row where nothing ridiculous happens
+1
I also like the idea of offering insurance. The problem I see immediately with the insurance idea though is that no one will want to pay for insurance from someone untrusted. We need a sort of Misean regression theorem for trust...
I'd say this is a good idea, but I don't see how it'd stop the lemmings from giving a stranger 1,000 of BTC and then being surprised when they run off. Can't fix stupid.
Maybe we can fix stupid!
we can lunch a site, which has a list of trusted bitcoin site.
we advertise this site everywhere. and we tell poeple not to trust anyone else then the sites listed
this way any new site would have to be reviewed by the community for security holes and doing a background cheek on the owners.
if poeple knew we had such a system in place, they you have more trust.
And then I can ask my buddy to create really trusted service and disappear with all the money. For fair share of those money.
PROFIT!
It has succumbed to the web of rust.
"This website is down being checked for malicious content"
what dirty trick are you playing sir?
LOVE IT, SEND BE THE BILL I PAY FOR THE HOSTING!
website is offline...
LOVE IT, SEND BE THE BILL I PAY FOR THE HOSTING!
Let's start with having 30 days in a row where nothing ridiculous happens
+1 !!!
OK let's frees the world and let's make everybody in peace and love!
I mean I don't like to be sarcastic, was that simple and tell me the way I work with you!
Let's start with having 30 days in a row where nothing ridiculous happens
+1 !!!
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