fear controls you

Latest

The media creates terrorism

BTC tip

1Cm6KGPMnUu8BRZ12b9HPk2jwFKUvnFaSp

“The future is already here. It's just unevenly distributed.”
~ William Gibson, Neuromancer

Don’t know how to get Bitcoins? Go here: https://en.bitcoin.it/wiki/Main_Page

God Loves Gays Billboard is making the news in Topeka, KS

(from wibw.com)

A new billboard in Topeka is going viral and getting national attention due to it’s message and location.

The Facebook page known as “The Facebook God” raised more than $80,000 to pay for a sign that says “God Loves Gays” located near 21st and Western in the capitol city.

The “Facebook God” page has more than 1,700,000 likes and used a popular online crowd funding website called indiegogo.com to generate funds for the message.

It’s no coincidence that the page chose Topeka to display their message because Topeka is home to an internationally known group of anti-gay protesters.

(keep reading at wibw.com)

BTC tip

1G6cpjrdESpZSr4dyVrD2TtctukAAVpAF2

“The future is already here. It's just unevenly distributed.”
~ William Gibson, Neuromancer

Don’t know how to get Bitcoins? Go here: https://en.bitcoin.it/wiki/Main_Page

Caricature by Hani Abbas for Aljazeera

BTC tip

1B3o18sBqkPWKKG2kqG332k72d7CkWnaCE

“The future is already here. It's just unevenly distributed.”
~ William Gibson, Neuromancer

Don’t know how to get Bitcoins? Go here: https://en.bitcoin.it/wiki/Main_Page

What is Peercoin?

BTC tip

18FcEdywBSL8TNJuormACw1DQY41noFE5E

“The future is already here. It's just unevenly distributed.”
~ William Gibson, Neuromancer

Don’t know how to get Bitcoins? Go here: https://en.bitcoin.it/wiki/Main_Page

ISIS Trojan Horse

BTC tip

14xbscMEP2WVv5zRhCu6cZ6JQGTu8vDiFH

“The future is already here. It's just unevenly distributed.”
~ William Gibson, Neuromancer

Don’t know how to get Bitcoins? Go here: https://en.bitcoin.it/wiki/Main_Page

Feb 11th, 2009 – Satoshi Nakamoto posts about bitcoin for the first time

I’ve developed a new open source P2P e-cash system called Bitcoin. It’s completely decentralized, with no central server or trusted parties, because everything is based on crypto proof instead of trust. Give it a try, or take a look at the screenshots and design paper:

Download Bitcoin v0.1 at http://www.bitcoin.org

The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible.

A generation ago, multi-user time-sharing computer systems had a similar problem. Before strong encryption, users had to rely on password protection to secure their files, placing trust in the system administrator to keep their information private. Privacy could always be overridden by the admin based on his judgment call weighing the principle of privacy against other concerns, or at the behest of his superiors. Then strong encryption became available to the masses, and trust was no longer required. Data could be secured in a way that was physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter what.

It’s time we had the same thing for money. With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless.

One of the fundamental building blocks for such a system is digital signatures. A digital coin contains the public key of its owner. To transfer it, the owner signs the coin together with the public key of the next owner. Anyone can check the signatures to verify the chain of ownership. It works well to secure ownership, but leaves one big problem unsolved: double-spending. Any owner could try to re-spend an already spent coin by signing it again to another owner. The usual solution is for a trusted company with a central database to check for double-spending, but that just gets back to the trust model. In its central position, the company can override the users, and the fees needed to support the company make micropayments impractical.

Bitcoin’s solution is to use a peer-to-peer network to check for double-spending. In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle. For details on how it works, see the design paper at http://www.bitcoin.org/bitcoin.pdf

The result is a distributed system with no single point of failure. Users hold the crypto keys to their own money and transact directly with each other, with the help of the P2P network to check for double-spending.

Satoshi Nakamoto http://www.bitcoin.org

 

Original Link

BTC tip

1ThoDg8RR5V6pEXEExCxUPfx7EVp7si7c

“The future is already here. It's just unevenly distributed.”
~ William Gibson, Neuromancer

Don’t know how to get Bitcoins? Go here: https://en.bitcoin.it/wiki/Main_Page

Will that be debit, credit or Bitcoin?

(from cnbc.com)

Would you like to pay for your morning coffee with your credit card or your bitcoin wallet?

If San Francisco-based start-up Shift Payments has its way, you’ll soon be able to switch from real money to digital currency when paying with a single card.

The company is beta testing 100 cards with friends and family members. It allows users to make purchases with accounts from Coinbase—a bitcoin exchange—and Ripple—a digital payment exchange protocol that can support real and digital currency.

While the card does not currently access bank or credit accounts (just bitcoin accounts for now), co-founder Meg Nakamura says Shift Payments is trying to make that happen soon.

“We are having conversations with U.S. banks to see if we can get them comfortable,” she said. “They are very, very interested. It’s just a timing issue. So we are building out the product with the partners we have right now.”

(keep reading at cnbc.com)

BTC tip

1C4QLme4HsppJMvRYfB1JtJeiHxTp4cCPD

“The future is already here. It's just unevenly distributed.”
~ William Gibson, Neuromancer

Don’t know how to get Bitcoins? Go here: https://en.bitcoin.it/wiki/Main_Page