Recent content by Banaphone

I think I understood it. The risk lies however with the fact that currencies fluctuates more than fixed assets in terms of gold. It's no problem for the state financial department to simply print or issue more capital into the economy but inflation will soar to the extremes. Because gold is less...

E.g: Norway has sold away all their gold reserves (which backs up the Norwegian currency). It is still worth something based on 3 factors: 1: It's trade-able 2: There's a supply and demand for the currency 3: The coin or note itself However, notes and coins are only representatives for the...

Appreciate the short presentation of the concept :) However history shows that people have been able to produce bitcoins, interrupt transactions and caused a downtime in services. Say they fix these problems accounts can still be accessed and value extracted...

So you mean there is not an issue that the market fluctuates so easy because it's only variables are supply and demand? Nor the danger in conducting online transactions vs physical transactions? I agree that the speed is major, but you cannot see any dangers regarding cybercrime violations? If...

I can't post links yet, but search it in google.

Ok, so I I don't have to 2x the reports then I guess. Thank you anyways :)

Thank you! However, am I able to move the entire post, or should I ask for a moderator to do such?

I will use it to base most of my concerns about Bitcoin I can not extract from the internet. As those sources are secondary I am aiming for primary sources. I would use quotes (if they are usable) or refer to "the interview". Whitehatters can of course opt for full name or on-line name to be...

Dear all, As the topic reads I am conducting an in-dept study of the technology regarding Bitcoin, online e-currency used for transactions. Regarding the topic I wish to approach the Backhat and Whitehat community to brainstorm, ask for experiences and to comment on the viability of the...