BitCoin
It's a fascinating technology designed as secure, unhackable and untraceable virtual P2P currency. The underlying tech and security mechanism is very interesting. I like it for it's potential revolutionary implications. :)
http://www.bitcoin.org/ |
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I wonder how long this will last before the Feds step in. Stealing is only illegal because the Feds hate competition.
Bob |
Subversively undermining governments through counter-economic revolution is fun. All the cool kids are doing it.
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Senators seek crackdown on Bitcoin Currency. http://www.reuters.com/article/2011/...7573T320110608 However, the the currencys depend on a P2P Tor network, and they won't take that down. Why? The feds use it for their own secure tunnels and it only works if there are tons of nodes on the network. It's wonderful when you can poke them in the eye with their own stick. Go Fu*k yourself Chuck. (Schumer, not you Chuck. lol). |
And Reuters can't even get their facts straight.
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A, it's more like $30 now. B, no. They can be generated. C. No. You can earn through your own business. It's a currency. It facilitates trade among market actors. But it is gloriously untraceable and has nothing to do with governments at all. Nakamoto-san :hail: |
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So each of these cyber coins are worth 30 bucks WTF? |
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