this thread has gone in the right direction.  if someone asks what is "backing" a currency, they simply don't understand money.

seconding free to choose. 

also check out commanding heights

you are totally misreading friedman's point.  it was related to governmental monetary policy in the real world at the time.  in fact bitcoin is very much in line with his ideas about ideal monetary policy. 

will be trying this out soon

got receipt email from trustcash at 11:06am. now waiting for balance to show in mtgox.

edit: and at 11:38am its in! 

awesome.

just got back from the bank... lets see how long it takes to show up in my account!

what exactly did martha stewart do?  it sure as shit wasn't commit any actual crimes.

wtf is this supposed to mean?  kevin has been nothing but up front about everything.   this response is gross as hell.

i want to make sure this a valid method to create an offline savings wallet using linuxcoin

1) boot from linuxcoin iso cd on offline machine
2) run bitcoin client, note address
3) copy wallet.dat from /home/user/.bitcoin to usb media
4) shut down (at this point wallet.dat should be gone from RAM and now does not exist anywhere but my usb media)
5) whenever i wish to put coins in "savings" i send coins to address from 2)
6) if i wish to "withdraw" from savings in the future I copy the wallet.dat from my usb media to a computer running bitcoin, and once it has downloaded the block chain i can spend the coins.

i want to make sure i dont fuck anything up and lose my coins trying to secure them. so let me know if i have overlooked any steps or if anything i'm planning here is wrong...

i want to make sure this a valid method to create an offline savings wallet using linuxcoin...

1) boot from linuxcoin iso cd on offline machine
2) run bitcoin client, note address
3) copy wallet.dat from /home/user/.bitcoin to usb media
4) shut down (wallet.dat is now purged from RAM and doesnt exist anywhere but my usb media)
5) whenever i wish to put coins in "savings" i send coins to address from 2)
6) if i wish to "withdraw" from savings in the future I copy the wallet.dat from my usb media to a computer running bitcoin, and once it has downloaded the block chain i can spend the coins.

i want to make sure i dont fuck anything up and lose my coins trying to secure them. so let me know if i have overlooked any steps or if anything i'm planning here is wrong...

just to clarify, no one has "hacked bitcoins" what happened was someone had their personal computer compromised, which allowed a hacker to transfer their bitcoins away. 

may not be that simple... more info http://pastebin.com/5NJXfbVw

if you look at the bottom of the post he claims "Also just FYI – He is AKA – NAKOMIS and NOAH etc etc on your ANONOPS IRC."  @Anonakomis is the twitter profile that has been taking responsibility for the theft and also claiming to have sent some of the coins to wikileaks, lulsec, etc.

looks pretty pro, although the orangeyness is grating already.

here is the bitcoin sun article: http://thebitcoinsun.com/post/2011/06/07/Your-Bitcoin-Story%2C-episode-1

statistics are hard to come by but consider the fact that marijuana is widely recognized as being the largest cash crop in california...

used the code from the last post, heres mine TH-R11329

i received this after i emailed them when i noticed the bitcoin donation information was gone:

just got this back:

she is still a little worried i'm going to spend all our money investing in bitcoins but she made these for me anyway

EDIT: looks like i am giving first-release rights for these nails to the bitcoin sun... keep an eye out for them there!

donate to her nail polish fund if you are feeling generous: 1J5ydpLoZvnnPSptED4pwZS8W96WLNY9uB