Re: BitCoin

Posted by Owen Densmore on Nov 29, 2013; 5:01pm
URL: http://friam.383.s1.nabble.com/BitCoin-tp7584341p7584405.html

Think of it like Seti At Home .. but being paid for your computer resources, which after all you feed and maintain (electric & updates).  Money At Home.

   -- Owen

On Fri, Nov 29, 2013 at 9:58 AM, Barry MacKichan <[hidden email]> wrote:

I haven’t followed this closely, so excuse me if I’m repeating someone else’s comment.

One thing that worries me a bit is that bitcoins are  “mined” with computer power. Who in the world probably has the most available computer power? My guess would be the NSA. Are we in danger of making the NSA financially independent of Congress? It looks like the CIA and drugs, and Iran-Contra in spades.

—Barry

On Nov 29, 2013, at 9:47 AM, glen e. p. ropella <[hidden email]> wrote:

> On 11/29/2013 08:43 AM, Owen Densmore wrote:
>> So if someone is "rich" with bc, how do they leave it for their heirs?
>
>   https://en.bitcoin.it/wiki/Paper_wallet
>
> --
> glen ep ropella -- <a href="tel:[phone]" value="[phone]">971-255-2847
>
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============================================================
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Meets Fridays 9a-11:30 at cafe at St. John's College
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