tag:blogger.com,1999:blog-3758330678390419129.post1443865491404824903..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Now, Bitcoin Foundation General Counsel Throws Arrested Bitcoiner Charlie Shrem Under the BusRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-3758330678390419129.post-51243452128785432752014-01-28T18:24:19.386-05:002014-01-28T18:24:19.386-05:00@JayTe - based on your appeal to authority, you sh...@JayTe - based on your appeal to authority, you should at least be aware that Wenzel predicted those things as well, if not publicly on EPJ, then in the EPJ Daily AlertsDanger Pioneerhttps://www.blogger.com/profile/15978715863845118886noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-24671017007943163422014-01-28T14:03:46.195-05:002014-01-28T14:03:46.195-05:00@Honey Badger Can one achieve anonymity in bitcoin...@Honey Badger Can one achieve anonymity in bitcoin? Yes since changing addresses ensures that it is difficult if not impossible to trace to the actual person. <br /><br />As for the smart contracts part, Wenzel is being emotional since as to the fluctuations into the value of bitcoin, whereas Wenzel HOPES that it will always be the case and calls it a problems, others LOOK at it as temporary and JayTenoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-72243770950270175982014-01-28T10:50:53.594-05:002014-01-28T10:50:53.594-05:00@Danger Pioneer January 28, 2014 at 8:28 AM
I car...@Danger Pioneer January 28, 2014 at 8:28 AM<br /><br />I care about both the currency AND the underlying protocol. I think they are both amazing and liberating. So far, they've both performed marvelously and have exceeded my expectations.Honey Badgerhttp://www.youtube.com/watch?v=4r7wHMg5Yjgnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-83471952590305996552014-01-28T08:28:00.776-05:002014-01-28T08:28:00.776-05:00@honeybadger
"The fluctuating price of bitco...@honeybadger<br /><br />"The fluctuating price of bitcoin is not a necessary component of the blockchain's use for smart contracts. A micro-payment is all that is needed to record a title transfer or execute a smart contract - the value of that transaction is irrelevant. Next question?"<br /><br />So then why is you state you are constantly purchasing bitcoins? Your argument seems Danger Pioneerhttps://www.blogger.com/profile/15978715863845118886noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-76355300628956990682014-01-28T02:37:15.643-05:002014-01-28T02:37:15.643-05:00@Alan Andersen January 28, 2014 at 12:44 AM
Yes, ...@Alan Andersen January 28, 2014 at 12:44 AM<br /><br />Yes, and this will all be automated soon. Bitcoin is programmable money so it is simply a feature that can be added to the particular wallet you are using. Open Transactions already has a fully anonymous and trustless currency that can be backed by bitcoins without any counter-party risk. It is an excellent example of the tools that can be Honey Badgerhttp://www.youtube.com/watch?v=4r7wHMg5Yjgnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-53852680248978354432014-01-28T00:44:35.628-05:002014-01-28T00:44:35.628-05:00@ Robert Wenzel January 28, 2014 at 12:05 AM
I as...@ Robert Wenzel January 28, 2014 at 12:05 AM<br /><br />I assume you are talking about Ethereum which does not intend to use the Bitcoin blockchain and it is only one of many new projects that can enable Smart Contracts. But Ethereum is still only an unproven idea whereas Bitcoin is up an running now (imperfect as it is). Smart Contracts are already possible on the Bitcoin Protocol.<br /><br />Honey Badgerhttp://www.youtube.com/watch?v=4r7wHMg5Yjgnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-6347747593989333312014-01-28T00:44:06.794-05:002014-01-28T00:44:06.794-05:00@ Honey Badger.
From http://finance.yahoo.com/news...@ Honey Badger.<br />From http://finance.yahoo.com/news/two-bitcoin-exchange-operators-charged-162424192.html:<br /><br />"Bitcoin insiders said Shrem's arrest showed just how hard it is to get away with illegal activity using Bitcoin, which has an ownership chain built into its software so that each unit can be tied to the users who have acquired or spent it."<br /><br />From Alan Andersenhttps://www.blogger.com/profile/09144313758560375165noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-40251464671553215022014-01-28T00:32:08.838-05:002014-01-28T00:32:08.838-05:00and cue all the shitcoin defenders...3...2...1...and cue all the shitcoin defenders...3...2...1...Chris Bnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-44065235344977877262014-01-28T00:05:24.950-05:002014-01-28T00:05:24.950-05:00Do you even understand what the smart contract pe...Do you even understand what the smart contract people are doing? They are building their own platform using Bitcoin technology, but not Bitcoin.Robert Wenzelhttps://www.blogger.com/profile/14296920597416905488noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-84517410468515155822014-01-27T22:38:25.988-05:002014-01-27T22:38:25.988-05:00@ Robert Wenzel January 27, 2014 at 10:27 PM
The ...@ Robert Wenzel January 27, 2014 at 10:27 PM<br /><br />The fluctuating price of bitcoin is not a necessary component of the blockchain's use for smart contracts. A micro-payment is all that is needed to record a title transfer or execute a smart contract - the value of that transaction is irrelevant. Next question?Honey Badgerhttp://www.youtube.com/watch?v=4r7wHMg5Yjgnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-75340998317184793342014-01-27T22:27:11.111-05:002014-01-27T22:27:11.111-05:00You are total delusional if you think smart contra...You are total delusional if you think smart contracts for trusts etc are going to be based on a fluctuating e-currency like Bitcoin.Robert Wenzelhttps://www.blogger.com/profile/14296920597416905488noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-83833842757149485152014-01-27T22:08:57.008-05:002014-01-27T22:08:57.008-05:00Don't you understand "lawyer-speak"?...Don't you understand "lawyer-speak"? Yes, bitcoins are easy to track. It is the identities behind the bitcoins that are difficult to track. Bitcoin has "user-defined" anonymity. Those who wish to have privacy, will. They certainly will not be dealing with regulated exchanges.<br /><br />As far as benefits? You stated a few of them yourself in one of your previous posts. Honey Badgerhttp://www.youtube.com/watch?v=4r7wHMg5Yjgnoreply@blogger.com