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New
The latest blog posts to take off on Hacker News. 40 posts.
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Bitcoin and positive vs. normative economics
There’s an agenda there, and it’s a bad one.
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Bit gold (2005)
A long time ago I hit upon the idea of bit gold. The problem, in a nutshell, is that our money currently depends on trust in a third party ...
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Why Bitcoin is a significant breakthrough, but perhaps not as a currency
So it’s a scam, and you’ll lose all your money, but on the plus side, you’ll have helped make the only habitable planet we have uninhabitable.
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Why I want Bitcoin to die in a fire
Back to: Trust Me (I'm a kettle) | Forward to: Over-Extended Metaphor for the day
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Bitcoin Private Key Necromancy
tl;dr: https://github.com/pierce403/keyhunter ~ The Longer Version ~ A few weeks ago, a friend came to me with a problem. Way back...
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Stop Saying Bitcoin Transactions Aren’t Reversible
One of the criticisms leveled at Bitcoin by those people determined to hate it is that Bitcoin transactions are irreversible.
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Thoughts on Bitcoin
Maybe bitcoin will be the world reserve currency, maybe it will totally fail, or maybe it will survive in some niche capacity. I don’t know how to weight the probabilities (although I think in the...
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Satoshi Nakamoto is probably Nick Szabo?
I recently became interested in identifying the pseudonymous creator of Bitcoin, Satoshi Nakamoto. I started from the Bitcoin whitepaper [0] published in late 2008, and proceeded to run reverse tex…
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How to Buy Bitcoin
As someone who recently purchased Bitcoin and two other crypto currencies using three different methods, I thought I’d share how to buy Bitcoin because I know there’s precious little information out there:
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It's practically impossible for regular people to buy Bitcoin
We’re in the middle of a huge Bitcoin bubble resembling Tulip mania. There’s now huge demand in the mainstream to buy bitcoin for speculation mainly due to med…
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Bitcoin as a law enforcement/natsec honeypot: what is the evidence?
Paranoia appears to be the order of the day, given what we know about the NSA and GCHQ thanks to Edward Snowden. Absent from the stories so...
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Time-lock encryption
How do you encrypt a file such that it can be decrypted after a date, but not before? Use serial computations for proof-of-work using successive squaring, chained hashes, or witness encryption on blockchains.
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Bitcoin is Worse is Better
2011 essay on how Bitcoin’s long gestation and early opposition indicates it is an example of the ‘Worse is Better’ paradigm in which an ugly complex design with few attractive theoretical properties compared to purer competitors nevertheless successfully takes over a niche, survives, and becomes gradually refined.