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Showing 4 of 4 results by neolith2099
Some people will NEVER sell their bitcoin to the gov...like me! 
Me too!!! NEVER NEVER NEVER
Or one could just create a separate device running a highly secure OS with a simple bitcoin client, and with wireless enabled so that it could connect to the internet. With such a secured device viruses and other types of attacks on the wallet would be highly unlikely, as there would be no third party applications, and installation of additional software would be disabled.
Then the safety of the wallet would simply require one to be able to physically secure the actual device.
Then the safety of the wallet would simply require one to be able to physically secure the actual device.
Create a bitcoin space heater with 1 or 2 gpus and use powerline networking ?
In winter you could have a nice foot warmer as well .
This would be so amazing. If you could a thermostat working roughly accurately a little heater/fan that paid back the electricity that it used in bitcoin would be the best thing ever (for cold feet and for bitcoin).
I wouldn't mind having something like this
I think the improvement would be that wallet could be completely encrypted, so to send or accept any transactions, one would have to give a password.
Still, that would not protect against keylogger attacks.
Still, that would not protect against keylogger attacks.
Would it be considered a bad thing for someone to setup a company that manages Bitcoin wallets for people. I don't mean someone with only 1 server in an office building, but more like multiple servers around the world. They all replicate to each other and transfer data securely among them.
Do you mean something different than www.mybitcoin.com?
Actually... pretty much just like mybitcoin.com only there are several separate versions of them to avoid one site/company monopolizing the "trusted bank" structure. These companies can run internal transactions with other customers that use them to provide additional services such as insurance, escrow, etc. The only time any actual bitcoin transactions take place are when people send bitcoins outside of the institution of "trusted banks" - in which case the transfer cannot be insured by the "trusted bank" network.
Maybe I'm getting ahead of myself, but the only way I see bitcoin picking up pace is if merchants and consumers have ways of being protected from scams, etc. I like the clearcoin concept, but I think their structure is far from perfect. Their choice to not handle disputes doesn't make me feel any safer than if I were to just risk my coins. Being able to not use bitcoins that were meant for a purchase for 30 days, 6 months, or even 12 months wouldn't phase me if I were a hardcore con-artist. The point is to eliminate the buyer/seller beware worries, which clearcoin isn't doing. Anyway, that's a discussion for another topic.
I think the improvement would be that wallet could be completely encrypted, so to send or accept any transactions, one would have to give a password.
Still, that would not protect against keylogger attacks.
Still, that would not protect against keylogger attacks.
Would it be considered a bad thing for someone to setup a company that manages Bitcoin wallets for people. I don't mean someone with only 1 server in an office building, but more like multiple servers around the world. They all replicate to each other and transfer data securely among them.
Obviously you would have to trust these companies, but don't people already trust banks with their money?
Even with bank insurance, who can say that you are getting your money at the value the you should? You might just be getting newly printed money which effectively is not the same amount (from a true value perspective) as what you put in. Based on what I am reading, I believe Bitcoin overcomes that sort of manipulation. Just a thought and I could be wrong.