Topic: What is bitcoin without privacy (Read 1452 times)
Putting privacy to one side, the reason why bitcoin is useful is because it's so damned convenient. No longer do we need to pay outrageous international transfer fees to wire money between two people, no longer does it take days to send money to people, no longer do we need to worry about frozen accounts like we do with Bitcoins.
Do you know why bitcoin is decentralized?
Just to make it clear, I'm not criticizing the developers. I'm criticizing those who are thinking about ruining what the developers has spent 5+ years to get right.
Just to make it clear, I'm not criticizing the developers. I'm criticizing those who are thinking about ruining what the developers has spent 5+ years to get right.
The next phase in the movement will be the mainstream emergence of the altcoins that stay true to Satoshi's ideal.
This could easily happen.
You can pick any networked computer game from the 90's and it has all the functionality you need to do online transactions.
Bitcoin is a lot more than that, and it keeps amazing me how certain foundation members keeps missing the point.
Greed can easily become bitcoins downfall
No one else seems to be complaining about how it is now.
We live in an era where only the best alternative is good enough. If a provider will not listen to criticism, someone else will. Constructive criticism should be welcomed with open arms.
I'm not replying to those who obviously got my point. I am reading however.
I think the whole prospect should be quite scary, especially to those who have a considerable amount of btc.
I think the whole prospect should be quite scary, especially to those who have a considerable amount of btc.
True however over time due to bitcoins impotance and reluance on the nerwork people will continue to mine for others and their own wallets
Do you know why bitcoin is decentralized?
Just to make it clear, I'm not criticizing the developers. I'm criticizing those who are thinking about ruining what the developers has spent 5+ years to get right.
Just to make it clear, I'm not criticizing the developers. I'm criticizing those who are thinking about ruining what the developers has spent 5+ years to get right.
The next phase in the movement will be the mainstream emergence of the altcoins that stay true to Satoshi's ideal.
What some people don't seems to understand, and Mike Hearn in particular, is that both the bitcoin protocol, and the bitcoin clients, is technically a huge piece of crap.
Who want's to send a magnitude more data than necessary back and forth over the wire?
Who want's to spend huge amounts of time and energy processing the wrong answer to an algorithm over and over?
Who want's to run a offline PC just to keep their wallet safe?
Who want's to encrypt and decrypt every little bit at every level?
Bitcoin is _all_ about privacy and anonymity!
That is the whole mf point, idiots!
Only a nutjob would use this software if that is messed up.
Who want's to send a magnitude more data than necessary back and forth over the wire?
Who want's to spend huge amounts of time and energy processing the wrong answer to an algorithm over and over?
Who want's to run a offline PC just to keep their wallet safe?
Who want's to encrypt and decrypt every little bit at every level?
Bitcoin is _all_ about privacy and anonymity!
That is the whole mf point, idiots!
Only a nutjob would use this software if that is messed up.
note: you are a potential Confidence Chains fan.
one of these type of post again.
No one else seems to be complaining about how it is now.
Ahh, brains incoming...
Agree, lets keep it that way then
No one else seems to be complaining about how it is now.
You guys really are nuts aren't you?
We already have something that works much better, assuming privacy is not a concern
We already have something that works much better, assuming privacy is not a concern
Also it seems that you are focusing on anonymity and ignoring the decentralization factor in bitcoin.
Do you know why bitcoin is decentralized?
Just to make it clear, I'm not criticizing the developers. I'm criticizing those who are thinking about ruining what the developers has spent 5+ years to get right.
You guys really are nuts aren't you?
We already have something that works much better, assuming privacy is not a concern
We already have something that works much better, assuming privacy is not a concern
Also it seems that you are focusing on anonymity and ignoring the decentralization factor in bitcoin.
What some people don't seems to understand, and Mike Hearn in particular, is that both the bitcoin protocol, and the bitcoin clients, is technically a huge piece of crap.
People are using it because it works.
You guys really are nuts aren't you?
We already have something that works much better, assuming privacy is not a concern
What some people don't seems to understand, and Mike Hearn in particular, is that both the bitcoin protocol, and the bitcoin clients, is technically a huge piece of crap.
Who want's to send a magnitude more data than necessary back and forth over the wire?
Who want's to spend huge amounts of time and energy processing the wrong answer to an algorithm over and over?
Who want's to run a offline PC just to keep their wallet safe?
Who want's to encrypt and decrypt every little bit at every level?
Bitcoin is _all_ about privacy and anonymity!
That is the whole mf point, idiots!
Only a nutjob would use this software if that is messed up.
Who want's to send a magnitude more data than necessary back and forth over the wire?
Who want's to spend huge amounts of time and energy processing the wrong answer to an algorithm over and over?
Who want's to run a offline PC just to keep their wallet safe?
Who want's to encrypt and decrypt every little bit at every level?
Bitcoin is _all_ about privacy and anonymity!
That is the whole mf point, idiots!
Only a nutjob would use this software if that is messed up.
It would seem, a lot if us do want to use bitcoin then judging by the numbers, however to really go mainstream some of these issues will have to be addressed.
I'm not sure what you mean here but the hilarious thing is that we need all this crap in order to sustain privacy, and a few other things of course.
If we are to sanitize bitcoin, as some seems to want, the best way to do that would be to throw the whole thing in the basket.
The old cobol code we are using when we visit the ATM down the corner is all we need. Its fast, reliant and easily available.
What some people don't seems to understand, and Mike Hearn in particular, is that both the bitcoin protocol, and the bitcoin clients, is technically a huge piece of crap.
People are using it because it works.
What some people don't seems to understand, and Mike Hearn in particular, is that both the bitcoin protocol, and the bitcoin clients, is technically a huge piece of crap.
Who want's to send a magnitude more data than necessary back and forth over the wire?
Who want's to spend huge amounts of time and energy processing the wrong answer to an algorithm over and over?
Who want's to run a offline PC just to keep their wallet safe?
Who want's to encrypt and decrypt every little bit at every level?
Bitcoin is _all_ about privacy and anonymity!
That is the whole mf point, idiots!
Only a nutjob would use this software if that is messed up.
Who want's to send a magnitude more data than necessary back and forth over the wire?
Who want's to spend huge amounts of time and energy processing the wrong answer to an algorithm over and over?
Who want's to run a offline PC just to keep their wallet safe?
Who want's to encrypt and decrypt every little bit at every level?
Bitcoin is _all_ about privacy and anonymity!
That is the whole mf point, idiots!
Only a nutjob would use this software if that is messed up.
It would seem, a lot if us do want to use bitcoin then judging by the numbers, however to really go mainstream some of these issues will have to be addressed.
What some people don't seems to understand, and Mike Hearn in particular, is that both the bitcoin protocol, and the bitcoin clients, is technically a huge piece of crap.
Who want's to send a magnitude more data than necessary back and forth over the wire?
Who want's to spend huge amounts of time and energy processing the wrong answer to an algorithm over and over?
Who want's to run a offline PC just to keep their wallet safe?
Who want's to encrypt and decrypt every little bit at every level?
Bitcoin is all about privacy and anonymity!
Only a nutjob would use this software if that is messed up.
Who want's to send a magnitude more data than necessary back and forth over the wire?
Who want's to spend huge amounts of time and energy processing the wrong answer to an algorithm over and over?
Who want's to run a offline PC just to keep their wallet safe?
Who want's to encrypt and decrypt every little bit at every level?
Bitcoin is all about privacy and anonymity!
Only a nutjob would use this software if that is messed up.
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