1) Did you know: Between 2010 and 2013 former Mike Hearn, then a tech lead at Google’s offices in Zurich, Switzerland, designed a security system that was later tapped by the NSA and GCHQ. The Snowden leaks revealed the existence of the surveillance taps in late 2013.

1) Did you know: Between 2010 and 2013 former Mike Hearn, then a tech lead at Google’s offices in Zurich, Switzerland, designed a security system that was later tapped by the NSA and GCHQ. The Snowden leaks revealed the existence of the surveillance taps in late 2013. submitted by /u/Bitcoin_21
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Bitcoin – The Currency of the Internet

Satoshi in 2010: “Bitcoin users might get increasingly tyrannical about limiting the size of the chain”

The networks need to have separate fates. BitDNS users might be completely liberal about adding any large data features since relatively few domain registrars are needed, while Bitcoin users might get increasingly tyrannical about limiting the size of the chain so it's easy for lots of users and small devices.

Source.

He was right, the other networks have separate fates.

submitted by /u/amorpisseur
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Bitcoin – The Currency of the Internet

Nothing special. Just Satoshi Nakamoto casually forecasting what a stupid idea Bcash would be in 2010…

"If the second version screwed up, the user experience would reflect badly on both, although it would at least reinforce to users the importance of staying with the official version. If someone was getting ready to fork a second version, I would have to air a lot of disclaimers about the risks of using a minority version. This is a design where the majority version wins if there's any disagreement, and that can be pretty ugly for the minority version[…]."

https://bitcointalk.org/index.php?topic=195.msg1611#msg1611

submitted by /u/pavelos030
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Bitcoin – The Currency of the Internet

The US Treasury Department says that the government borrowed a record $488 billion in the January-March quarter of 2018, exceeded the old record of $483 billion set in the first quarter of 2010, a period when the country was struggling to pull out of a deep recession. TLDR: Buy Bitcoin.

The US Treasury Department says that the government borrowed a record $  488 billion in the January-March quarter of 2018, exceeded the old record of $  483 billion set in the first quarter of 2010, a period when the country was struggling to pull out of a deep recession. TLDR: Buy Bitcoin. submitted by /u/SpencerLovesErin
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Bitcoin – The Currency of the Internet

“Bitcoin itself cannot scale to have every single financial transaction in the world be broadcast to everyone and included in the block chain. There needs to be a secondary level of payment systems which is lighter weight and more efficient.” -Hal Finney, Dec 2010

R.I.P. my Satoshi Nakamoto.

submitted by /u/slacker-77
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Bitcoin – The Currency of the Internet