CAVIRTEX, Canada's most prominent CAD-BTC exchange and staunch advocate for government regulation, announced earlier today that it will cease operations effective March 25th, 2015. Continue reading
Category Archives: Bitcoin
PseudoNode Proxy Fools Bitcoin Full Node Incentive Program
Vessennes' Bitcoin Foundation recently sponsored a full node incentive program that pays full nodes registered with a Bitcoin address weekly if deemed eligible. The incentive program's goal is to estimate the size of the Bitcoin network by finding all reachable nodes running bitcoind version 0.8 or higher, likely in an attempt to lower the barrier necessary for a possible fork. Continue reading
Purported Silk Road 2.0 Dataset Up for Auction
Someone who describes their self as a having been "hired by Dread Pirate Roberts a/k/a Blake Benthall as lead programmer for Silk Road 2.0" is offering for sale a dataset which they allege contains numerous record relating to and source code for running the Silk Road in its second incarnation. The first portion of the sale is occurring on Darkleaks, an information market which is advertised as being trustless and provably fair. Continue reading
There is nothing new in the world. Except for the history you didn't know.
From the defunct Bruce Wagner1 Bitcoin podcast2 :
Bruce Wagner : When was the last time you chatted to satoshi
Gavin Andresen: Um… I haven't had email from satoshi in a couple months actually. The last email I sent him I actually told him I was going to talk at the CIA. So it's possible , that…. that may have um had something to with his deciding.
Yes, it is… possible.
One of the Early Bitcoin Morons ™. Pedophile / gay prostitute / showman with the camera in demo mode. ↩
Specifically, "The Bitcoin Show: Special Bitcoin Conference Coverage: 08/20/2011" – discussing an event in June 2011. The original website (onlyonetv.com) has been purged, but the podcast itself is still available from various sources including, ironically, Apple's iTunes. ↩
A Discussion of Military Strategy in the 21st Century
Rehashing the "end of Linux" aspirations of systemd is probably not necessary, but another piece of the puzzle falls in place, with ESR's eminently quotable: Continue reading
Ulbricht Show Trial Ends
After being precluded from presenting much of a defense at all a jury has found Ross Ulbricht guilty of running the Silk Road deliberating for around three hours. This falls in line with the money on Bitcoin prediction markets which leaned towards deliberations lasting under six hours. Mainstream press outlets have even begun questioning the competence and intentions behind the way defense lawyer Josh Dratel handled the case over its entire duration.
Foundation Releases Report and Bitcoin 0.5.3.1
The Bitcoin Foundation released their January 2015 report on their development efforts today. Among other accomplishments was iterating the version number of their reference implementation of the Bitcoin protocol to version 0.5.3.1 and subjecting it to further rigor. Continue reading
Preet Bharara and Dratel Battle Over Defense Witness (Plain Text of Filings)
As the Silk Road show trial continues with Preet Bharara's team and Judge Forrest doing everything they can to suppress evidence that might allow for reasonable doubt, while permitting accusatory evidence without regard for its origin the battle has moved on to challenging the defense's witnesses. Continue reading
Greece Taps Anti-Bitcoin Video Game Economist as Finance Minister
One piece of fallout from the recent SYRIZA win in Greece's election is the appointment of Yanis Varoufakis, most notable for tinkering with Valve's Steam video game marketplace to the position of Finance Minister. Yanis Varoufakis is much less notable for in the spring of 2013 writing one of the many essays naively assailing Bitcoin as some sort of impossible fantasy incapable of anything, an essay that safely could have remained entirely without note. Unfortunately someone decided to promote him from advising ways for an arcade could extract more money from chumps to managing the finances of a populated area that is still by some miracle, in some form a sovereign state with a government. Let us consider some excepts beginning with the title: Continue reading
Rumor: CenturyLink May Buy CoinTerra
A snippet of from the St Louis Business Journal offers that troubled Bitcoin mining firm CoinTerra might or may have been acquired by Louisiana based Internet Service Provider CenturyLink as it continues to progress through a Chapter 7 liquidation bankruptcy.