HN user
OpenTransactions is currency agnostic and doesn't use Bitcoin blockchain in way that I'm familiar with.
It's essentially a open source exchange mechanism based on anonymous federated servers.
I don't see how it's hard to find out about how these things work since literally every one of them has it's own wiki, blog and forum.
The reason is much more Machiavellian, namely if you keep the price of entry high and you loose money to mine for 80% of the time then the 20% of the time that it's extremely profitable you have a bigger multiple since the competition is weaker then it would've been otherwise.
I'm not sure It's the same thing. Eich was forced out on the grounds of his beliefs, yes, but people are condemning Dropbox because Rice is a filthy politician that was a part of a war mongering administration. Not the same.
I'm definitely switching over from Dropbox. I was planning to do it anyway. I know this sounds bad but - the fact that I can't store illegal files just bugs me to no end.
[1]MaidSafe is launching it's token sale (Safecoins) effort in 10 days and I will switch my business over to them completely. I know it's not as slick or developed as Dropbox but it's private, decentralized, anonymous and free(I know it sound ridiculous but that's what you get when you combine the concepts of a distributed systems network and Bitcoin)
Not to mention that I have the chance of participating in something great as the possible birth of a decentralized and anonymous internet with a built in payment network.
I have been waiting for this since I learned about Bitcoin.
Thanks for trying to make this happen. Combining this with Maidsafe and Bittorent technology could prove to be a winning recipe for an almost free and a completely secure internet.
Any idea when you'll go into Beta?
Here is great post from reddit by SomeKindOfMutant:
"Right idea; wrong methods. Let me explain. An email to your legislators may result in a form letter response and a phone call to the office may amount to a tally mark on an administrative assistant's notepad. But, if you want to get their attention, a letter to the editor published in one of your state's 5-10 biggest newspapers that mentions them specifically BY NAME is the way to go.
That is the crucial thing to know--the rest of this comment is an explanation of why I know this is true. I know this because, when I interned in the D.C. office of a senator one summer, one of the duties I shared was preparing a document that was distributed internally both online and in paper format. This document was made every day and comprised world news articles, national news, state news, and any letters to the editor in the 5-10 largest newspapers within the senator's home state that mentioned him by name. I was often the person who put that document on his desk, and it was the first thing he read every morning after arriving to the office.
I began to suspect that this was standard operating procedure because several other senators' offices share the same printer in the basement of the Russell Senate Office building, and I saw other interns doing the exact same procedures that I was involved in. Since the internship, I've conferred with other Senate and House employees past and present and determined that most--if not all--offices use essentially the same procedure.
Edit: I don't mean to suggest that calling or emailing your legislators is worthless. It isn't--it's just not the most effective route to getting their attention. However, if you don't have the time to writer a letter to the editor, please consider at least calling or emailing them. In fact, there's no reason why you couldn't use multiple tactics by calling them, emailing them, and writing a letter to the editor. If you would like to go the call or email route, tools to help with that can be found at https://thedaywefightback.org/"
wow did not expect that, my bad...
I just glanced over and saw all the automated responses and figured it's a joke. I'm actually still not convinced it's not an elaborate joke
You do realize that the site is a joke, don't you?
Apple is obviously working on one, and they see Bitcoinas a competitor(as they should).
The iBeacon is a clear step in that direction and besides it's not like Apple is upfront about it's business, iBeacon was in Apple devices for two years before anybody found out about them for crying out loud. They know their endgame and are always working towards it.
That being said, they will loose this one
Actually the mining aspect of the Bitcoin protocol is ahead of schedule almost consistently and because of that the mean time is about 7 min
you just found yourself a startup!