Doing so by first installing OS X to the flash drive, and then installing the app, which has been unsuccessful after two attempts. The Bitcoin app would crash after the first attempt, and it was just way too slow in running on the second attempt. This flash drive is about a year old now, and has been used extensively, but never to directly run OS X. What I hope to do eventually is remove the hd from the Mac, and use only multiple flash drives to run OS X and Bitcoin.
OTOH, there is a website for Mac hardware and software, Other World Computing, which sells a FireWire/USB/Sata external drive bay for about $80 or $90 US dollars, plus a 30gb SSD for $50.00.
I'm not sure if the flash drive I'm using simply has already had too many read/write cycles, or if going the external SSD route, where the SSD plugs into the bay, kind of like a "toaster," would be preferable?
I also activated FileVault prior to running Bitcoin, and under Lion, FileVault encrypts the entire hd. Could this be the reason for the problems with the flash drive installation?
What I'm hoping to accomplish is eventually have a number of fully encrypted flash drives. But for now, as an experiment, maybe only three flash drives with $100.00 US of Bitcoins placed on each drive. And I'm not sure exactly where you purchase Bitcoins or what a fair exchange rate would be at this time. I will not be ready to purchase the Bitcoins for another three or four months anyhow.
Can anyone here suggest how I might be able to install working copies of Lion 10.7.4 and the current Bitcoin app to a flash drive? Thank you!
No need for the Lion on the USB drive you can have it on your normal drive using the USB stick for the data needed to do what you want. First create encrypted volume on the USB drive then start the bitcoin from the command line with the --datadir= option pointing to your mounted encrypted drive. The bitcoin program will then use the data it finds on the USB volume for what it looks like you want a separate wallet on each stick for security.