Posts by Elex 9 publicly visible posts • joined 3 Aug 2010
If we must rely on secrurity certificates, we have to know they are trustworthy, if we can't know that, then we shouldn't trust them. Being able to revoke Certificate Authority when you can not trust the certificates is completely appropriate, And, the system would be even more broken than it is if we never excersize that option.
Diginotar can reissue all thier old certs, and sign them with a new cert. Pain in the butt, but that's the solution that this system accomodates.
IT could be for Google Places check-ins. The tags will be sent to business what want them?
They rolled this out to Portland and Austin, maybe they want another city now. It makes sense in the grand scheme, with their G+, androids and whatnot.
Even if it's not Google Places, I'm still guessing Google.
The bitcoin system is designed to withstand a great deal of scrutiny. I don't think the true-believers are (or should be) too concerned.
The only bad publicity would be that the system was somehow cracked open and rendered ineffective.
Compare these two charts: http://bit.ly/ktjTUR : http://bit.ly/iSgsZj
One is the google trending of "bitcoin" and the other is the exchange value. They are nearly parallel to each other. The more you talk about it the more it's worth.
There's always going to be a way to exchange it for cash. You can push it further out of the mainstream, but that's not going to break the bitcoin economy.
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