Re: Bitcoin v0.1 released

2009-01-25 Thread Satoshi Nakamoto
Hal Finney wrote: > > * Spammer botnets could burn through pay-per-send email filters > > trivially > If POW tokens do become useful, and especially if they become money, > machines will no longer sit idle. Users will expect their computers to > be earning them money (assuming the reward is great

Re: Bitcoin v0.1 released

2009-01-25 Thread dan
Bill Frantz writes: -+- | Some people tell me that the 0wned machines are among the most | secure on the network because botnet operators work hard to | keep others from compromising "their" machines. I could see the | operators moving toward being legitimate security firms, |

Re: Bitcoin v0.1 released

2009-01-24 Thread Bill Frantz
h...@finney.org ("Hal Finney") on Saturday, January 24, 2009 wrote: >Countermeasures by botnet operators would include moderating their take, >perhaps only stealing 10% of the productive capacity of invaded computers, >so that their owners would be unlikely to notice. This kind of thinking >quickl

Re: Bitcoin v0.1 released

2009-01-24 Thread "Hal Finney"
Jonathan Thornburg writes: > In the modern world, no major government wants to allow untracable > international financial transactions above some fairly modest size > thresholds. (The usual catch-phrases are things like "laundering > drug money", "tax evasion", and/or "financing terrorist groups".

Re: Bitcoin v0.1 released

2009-01-17 Thread Jonathan Thornburg
On Sat, 17 Jan 2009, Satoshi Nakamoto wrote: [[various possible uses of Bitcoin et al]] > Once it gets bootstrapped, there are so many > applications if you could effortlessly pay a few cents to a > website as easily as dropping coins in a vending machine. In the modern world, no major governmen

Re: Bitcoin v0.1 released

2009-01-17 Thread Satoshi Nakamoto
> Dustin D. Trammell wrote: > > Satoshi Nakamoto wrote: > > You know, I think there were a lot more people interested in the 90's, > > but after more than a decade of failed Trusted Third Party based systems > > (Digicash, etc), they see it as a lost cause. I hope they can make the > > distinction

Re: Bitcoin v0.1 released

2009-01-11 Thread "Hal Finney"
Satoshi Nakamoto writes: > Announcing the first release of Bitcoin, a new electronic cash > system that uses a peer-to-peer network to prevent double-spending. > It's completely decentralized with no server or central authority. > > See bitcoin.org for screenshots. > > Download link: > http://downl

Bitcoin v0.1 released

2009-01-09 Thread Satoshi Nakamoto
Announcing the first release of Bitcoin, a new electronic cash system that uses a peer-to-peer network to prevent double-spending. It's completely decentralized with no server or central authority. See bitcoin.org for screenshots. Download link: http://downloads.sourceforge.net/bitcoin/bitcoin-0.