I understand Devcoin, but I really don't see this currency taking off. There's no incentive to use it. There's no sound monetary protocol. And the market clearly does not see it as any more advantageous than other currencies.
I get the ethical standpoint, but again, as a developer or creative artist, the question remains:
Why demand devcoin over bitcoin?

If someone has experience here, please post it so we have an idea about these new exchanges and eventually weed out good from bad.

This might make more sense than bitcoin being backed by one of the oldest ores used for exchange. Very smart Idea- in combination with public input instead of private control, this seems like a good future for monies.

The exchanges are all going to be very close to each other in price (assuming of course you can get money in/out of each). Anything anything of them does to force the price up or down, is going to be mirrored in every other exchange whether they like it or not

Global currency on the way? If it doesn't seem to make logical sense, it usually makes some kind of sense behind the scenes.

In the future there will be zk-snark based coins either embedded in Bitcoin or on their own. They may still be able to track meta-data associated with them, but it'll be significantly more difficult.

Guilty until proven innocent? Is he a convicted sex offender or not?

Love the site and shirts. Tried to buy one but was required to register an account so I dropped off.
Please allow guest checkout soon.

Nice, although the Netherlands hardly needed a way to obtain bitcoin. It's probably in the top 3 of easiest places in the world to obtain bitcoin.
Anyone know the fees on this thing?

I think having Paypal involved is terrifying. They would define an experience that would rob normal users of any control.

However, it did feel a bit disingenuous when I find that CoinChimp actually has a bitcoin wallet where they store your coins in cold storage, not unlike Coinbase. And where they, unlike BTC-E, aren't anonymous, they have an address to mail money to, the founders are known. In other words, not complying with legal responsibilities of being a money transmitter while also managing your bitcoins is something I'd be MUCH more worried about as a user, as this is the type of thing Liberty Reserve tried to do. Transmit money, report nothing, manage people's funds yet not be anonymous or untraceable. That means you're in trouble before long, which means your customers are too.

Now I don't use Coinbase myself, I can't stand a 1% fee personally, but I don't see reason for most of its users to boycott it.
Let's not forget this person has a vested interest in 'boycotting Coinbase' as he runs a competitor service. That's okay, it doesn't mean he's wrong. But just keep that in mind.

Apart from that he makes some points about hacking of Coinbase servers, and I think this makes sense to an extent. There is a risk bitcoins are stolen, and if you trust yourself more with the coin than Coinbase's security team, then do it yourself. But many of us are far safer with Coinbase than their windows xp computer, Coinbase is very explicitly a user-friendly service catering to an audience with little or no expertise in cryptography or security. And given how much Coinbase stores in cold storage, I'd frankly not worried.

His comments are basically not about Coinbase itself, but rather companies like Coinbase that centralize keys. (e.g. almost every exchange, companies like Circle, lots of user-friendly wallets)

He mentions a number of things as to why
"US banning bitcoin and seizing Coinbase funds. I think this one is in the realm of 'not-gonna-happen'. Or perhaps more accurately 'if it happens, bitcoin is doomed anyway'."

I think people don't understand what a ban in the US would do. First of all, all 'public bitcoin activity' is out on day 1. That means banks won't service you, no ATMs, no deposits at exchanges, no payment processors like Bitpay or Coinbase. It means merchants will walk away and it means all VC investments leave.

It also means bitcoin drops to a near worthless price within hours. Miners stop mining, the network security breaks down and it becomes easy to do 51% attacks on the network. Trust is completely lost. Price volatility skyrockets. Most exchanges are effectively rendered unusable and shut down (example in China). You can trade on localbitcoins.com, but you never know if you're trading with an FBI agent.

There is no reputation or trust anymore. Bitcoin can still be used, but there's no point anymore. Because it's illegal, it's now risky, expensive, there is lots of friction in the system. It's no longer a better currency, and virtually nobody wants it and you can't find anywhere to spend it. Even on places like Silk Road, you don't know if you're buying from an FBI agent when you give them your address to have illicit goods, or hell, even completely licit goods (purchased with illegal bitcoins) sent to you.

In other words, this idea that bitcoin is made illegal in the US or bitcoin companies start to get shut down because they use bitcoin is not a reason for me to manage my own keys because in such a scenario, I wouldn't even want or care for bitcoin private keys any more than the least accepted unknown shitty altcoin there is.

What ever Apple is going to do in regards to payment system it is not going to "fight" with bitcoin. Instead it will compete against al these other "quick" payment systems/technologies (all these touch to pay things). And most importantly it still will be using $$$.

Honest question: As pertaining to coffee, what would a tiny digital footprint be?

What, no executive order for the net? Damn it, had the internet entered this country illegally though...

Indeed. Removing entire topics is nothing else than censorship and that is not the way of science.

This title is misleading. The article is just a rehash that says the new Russian regulations require them to pay, something that came out weeks ago. It does not say they are going to pay it. In fact, it says it would be unprofitable, since it is more than the revenue generated there by a large margin.

Anyone have a link to how to pool mine Stablecoin?