Re: nettime Fwd: Stephen Foley: Bitcoin needs to learn from past e-currency

2013-12-05 Thread Florian Cramer
On Wed, Dec 4, 2013 at 2:02 AM, Douglas La Rocca douglaro...@gmail.comwrote: There's a distinction between wallets and addresses. Addresses are traceable and can be analyzed in that manner. Wallets are collections of addresses which need not ever be publicly associated. Far from being

Re: nettime Fwd: Stephen Foley: Bitcoin needs to learn from past e-currency

2013-12-05 Thread dan
On 12/05/2013 01:41 PM, Florian Cramer wrote: (I also have my doubts that shifting identities really solves the problem of reverse identification through computational analytics as it only adds one layer of obfuscation. Live in a small remote village, for example, and these means won't

Re: nettime Fwd: Stephen Foley: Bitcoin needs to learn from past e-currency

2013-12-04 Thread olivier auber
Let me know if I'm wrong: one individual may own two or more bitcoin wallets. And this individual may be a robot or a weird mixture of flesh and silicon, let say a dog which constantly shift its identities and deals its bitcoins with some high frequency trading system. So, obviously cydogs will

Re: nettime Fwd: Stephen Foley: Bitcoin needs to learn from past e-currency

2013-12-04 Thread Doug La Rocca
I don't know how you figure bots will suck all the money. Bots are made by humans necessarily, and I can assure you they are quite difficult to make profitable (unless they directly steal). The beauty of Bitcoin's complicated mining system is that it fixes the quantity of money in circulation

Re: nettime Fwd: Stephen Foley: Bitcoin needs to learn from past e-currency

2013-12-04 Thread olivier auber
On Wed, Dec 4, 2013 at 5:38 PM, Doug La Rocca douglaro...@gmail.com wrote: I don't know how you figure bots will suck all the money. Bots are made by humans necessarily, and I can assure you they are quite difficult to make profitable (unless they directly steal). I guess that as far as the