Richard Stallman Criticizes Bitcoin, Touts a GNU Project ...

Amir Taaki - Breaking Bitcoin presentation (transcript)

Below I transcribed Amir's talk from Breaking Bitcoin (see previous post here, start of presentation (youtube): here). Excuse the errors (will fix if you point me to them).
What was most interesting for me:
Thank you for having me here.
I believe that ideas play an important role in shaping human history. What I want to talk about is how technology has been shaped by key ideas. In particular how certain mechanical ideas of human society got mixed up with with politics and technology.
What I want to talk about is the free technology movement. It was a movement that showed great potential promise to liberate humanity. At the heart of it was a idea that technology offered a new way to construct a radially different kind of society that never before was possible in history, this movement was influenced by the visions of early scientists who believed in the power of computer technology not just to serve large industry and military but everybody to have access to this new power.
Influenced of by the 60s counterculture, this movement went on to develop the first personal computers. But that's not the end of the story because this radical vision mutated into the idea of self-regulating systems which see human beings as object managed by computer algorithms. In this vision, the value of human ideas to transform the world was diminished into a strange kind of consensus where everybody satisfies their personal desires.
We now find ourselves in a strange static dreamworld while dark forces are returning to threaten to penetrate our reality and all of the dreams of the techno-utopiasts play the role in creating this fake virtual world in which human beings driven by desires, devoid of all sense of higher purpose become slaves to algorithms and vast computer intelligences.
What is interesting about this story is the significance it has for Bitcoin. A project which is created for the purpose of creating a decentralized peer-to-peer money that cannot be controlled by governments and central banks but which now finds itself monopolized by large mining cartels. A lack of vision to guide the project forwards and increasing irrelevance in a world facing a global breakup of power.
Lastly I want to explain my project to revitalize the free technology movement to formulate a wider vision to restore back the potential of the technology to transform human society and train the next generation of revolutionary hackers dedicated to the cause of using the technology to support the cause of freedom.
My aim here is to find sponsors, find the place for establishing our hacker Academy, to find partner organisations to develop new technology projects with and to find people ready to dedicate themselves in advancing the free technology movement. People ready to be at the forefront of writing history.

At the heart of this story lies a conflict between two men in 1968. One of them is good B.F. Skinner, the other is good Lewis Mumford. It was one moment when two ideas about how technology could be used to advance human society first XXX ((unintelligible)) to take hold.
There's a documentary from this time made in mid-60s called "Towards tomorrow". And in this documentary, it described two possible future visions for human society. In a society where old forms of authority were declining, what would be the way that we could organize masses of human beings in a future society.
One of these visions for this society was a world managed by an elite group of technocrats, a specialized elite who managed a large population of passive human beings who constantly needed to be monitored and managed to be able to to keep them happy. B.F. Skinner described a new way of controlling and ordering people. He posed the question in this age of mass democracy and individualism the old forms of coercion was simply not possible and he put forth the idea of using reward. And he described an experiment where you have a cage with a pigeon inside and the pigeon can be trained to peck symbols, buttons, and depending on which symbol they peck, they get a pellet of food. In this way, by giving the pigeons the right reward for the correct behavior, they train the pigeon as a mechanical object.
He then took this farther and he went to a mental hospital in San Bernardino in California and in the mental hospital, what they did is they gave the mental patients small reward every time they did a good behavior. With this reward, when it was a lunch time or a dinner time, the patients could sit at a nicer table. So, inside the mental hospital, they created a new ordered hierarchy from a system of reward in which people don't feel controlled but feel empowered. Skinner describes this model as a model for the future of humanity. What's really interesting about this video by Skinner is it there's something very eerily similar to what we see today in which there is a technocratic elite that has interest in politics only in managing human society to keep us happy to keep everything stable and to keep themselves rich. A lot of this was powered in the mid-80s with the fake consumer credit to reward us as a form of social management - much like the experiment with the hospital, the mental hospital.
Lewis Mumford put forward an alternative vision for a society. In this video I'm going to show you - he first criticises Skinner and then he puts forward an alternative vision where everybody in the society is a participant. Everybody is an active human being deciding their destiny.

There were many forms the computer could have taken. In 1800s, the computer was proposed by Babbage. And popularized by Ada Lovelace. It was seen as a tool that would have huge social uses and that should be in the hands of many people, but when the computer was first developed during WWII - for cracking German codes for the military and for guiding ballistic missiles - computers became a very large centralized machine.
By the 80s, communities of hackers started to emerge which started to be fascinated with these huge machines - which at the time you had to get the time slice, to get the appointment to get to get some time to use the machine - they started to get jobs near these computing devices, because they wanted to know how these machines could work. They started to build their own computers in their garages, in their houses and universities - and that was the birth of the personal computers, the reason why we now have laptops and telephones.
What happened was: a lot of big companies started to come along and they started to invest a lot of capital. All of the hacker community - who up until that point had never seen money before in their life - to throw themselves at, at the proprietary industry. And whereas before the culture that had created this personal computers, this liberatory technology, really believed in power to use the technology to improve the humanity for the better, who really believed in free technology, in sharing techniques and code with each other - instead became siloed off.
But there was one guy - Richard Stallman - he was just a guy - he found this ethically wrong. If enough people got together, we could give a challenge against the proprietary industry. He made that as a proposal to the community - that it doesn't have to be this way, if we together put our energies we can build our own operating system. A lot of people at that time thought that he was crazy or that his ideas weren't feasible.
This is early video of Richard Stallman.

So, in 1991, the cryptography was classified as ammunitions and Philip Zimmermann wrote the first freely available encryption software for anybody to use and he uploaded it to the Internet. The American government arrested him and he was facing a decade in prison. What Philip Zimmerman did was to print the source code of PGP - of this encryption software - which he sold internationally, which is something that in America is protected under the First Amendment. And the American government was realizing that they couldn't continue with the case, they dropped the case. And since that time, because of the action of Philip Zimmermann, software became classified as a form of speech. And cryptography became widely available. It's now reason why cryptography is available everywhere.
Also, in early 90s, Stallman has started to piece together his operating system. And by now a community a community of people has emerged around him. It was the birth of Linux - a really important piece of technology. Not just in the free technology world, but in general, in hi-tech space it place a very key role. And that was a rise of the whole bunch of movements: free software movement, hacker movement, crypto-anarchist movement. Movements were invigorated with creating a lot of new ideas and a lot of new concepts about how we could use the technology to shape the world around us. These were collective movements driven by the shared sense of purpose.
Towards the end of the 90s (the baby boomer generation), the western society became overly optimistic. Something the Jean Baudrillard called 'the dead of society' and 'obsession with desert-like forms / with the simulacrum'.
Stallman free software movement failed to capitalize on institutionalizing his movement. And what happen was what emerged was the open source movement. It was a movement that said: making this technology is not a question of freedom/ethics, it's simply when you have access to source code of a program it's more efficient, it's cheaper, it makes more quality code. I don't think that's true, but that was their argument. One of the main spokesmen was Eric Raymond who released a book called 'A cathedral and a bazaar'. In that book, Eric Raymond has described the open source development philosophy as open bazaar where everybody, dozens or hundreds of people, a wide number of people all collaborated in a horizontal manner. He coined an idea that given enough eyes all bugs are shallow. When we have a piece of source code, if there are enough people - all contributing a small amount of time and looking at the source code - then if there is a bug, that bug will be found. The idea that given a huge amount of people with a small amount of contribution of each, that we can develop projects and advance technology.
Then what happened was the biggest event in the modern western history - which was the collapse of the twin towers, the twin idols of capitalism, perfect in a reflections, reaching into the skyline of New York - which realized our deepest most hidden desires to see the destruction of this passive lifeless world. And what it represented was the return of the real (of the) dark forces - that we ignored - back to penetrate into our reality.
In early 2000s we saw a lot of optimism and momentum for change. We saw the Arab spring, we saw The occupy, we saw the orange revolutions. In the technology world, we saw a lot of advances, there was a huge amount of optimism for Linux on the desktop. Every year the people were saying: this is going be the year of the desktop. Everybody was waiting for that sudden single breakthrough. One of the major developments in technology world was the confrontation that took place between Hollywood and a Manhattan programmer called Bram Cohen. ((...)) He developed BitTorrent. The concept started with sites like Napster or Kazaa - that were centralized services that were shut down by authorities.
Cohen came up with a concept: if enough people downloading files and seeding them at the same time - then the more people that download the file the more that file will become widely distributed in the network. So, that file will become shared in a self-regulating network. It was a big success and the movie studios didn't know what to do about this, they were completely powerless in face of this technology. The idea of creating a functional self-regulating system outside of power proved itself and it's something wildly popular among technologists.
The next major development is the shutdown of the Pirate bay which led to the development of the Pirate party that at one point had double digits in elections and even entered into the EU parliament. There is huge momentum behind it. Wikipedia was also developed - the idea that given thousands and thousands of people all contributing small edits, one line at time, could build this huge knowledge resource . Around this movements started to emerge the new priests of this internet-centric decentralization technology - people like Yochai Benkler, academics who would go to conferences and sell this ideology to people.
But something strange started to emerge. Wikipedia released statistics about edits on Wikipedia. We found that it was a small group of dedicated people that wrote the majority of Wikipedia, people who really believed in the project and spent all their time writing the majority of the articles on the website. When we started to look closer at these decentralized systems, what we observed was small groups of leaders surrounded by a wider community. In BitTorent, it wasn't that everybody was seeding in the network. Most people, after they downloaded, didn't continue to run the software. In fact, it was a small group of users, who wanted to challenge Hollywood and promote BitTorrent, who would leave their software running seeding torrents.
In open source, we observed that there were small groups of dedicated developers in a project surrounded by wider community. And in fact, what Stallman has done was not just to write Linux and put that in the community, but he had written articles, he had written manifestos, he had put forward a vision and an ideology that pulled together enough people and drove this movement of hackers forwards.
So what drove these projects for freedom was not a new model or a new technique. It was a vision that pulled together enough people to realize an idea. To understand why Occupy and Arab Spring and orange revolutions and the Pirate Party and a lot of these movements had a huge of amount of will and movement - fail, it's really instructive to understand what happened to Egypt. In Egypt, huge amounts of youths started to mobilize through Facebook and they started to go to this center in Cairo to front the military dictatorship. Huge amount of people died in that struggle. And after they threw out ((?)) the military dictatorship, the youth then sat down and said: "Okay, now what we are gonna do? What's next?". So they started to discuss.
And into that, came a group of people, with a vision, with an ideology, that was well organized and able to pull together enough strands of the society behind them. But they could put their vision into power. And that was the Muslim Brotherhood.
And then the same youth hood - that kicked out the military dictatorship - came back to the square to ask the military dictatorship to come back and rescue them from the Islamists.
At the same time, Satoshi developed Bitcoin. I remember on Satoshi's early website he described it as a peer-to-peer form of money that cannot be controlled by central banks and governments. And it's something that attracted libertarians, cryptographers and hackers. Bitcoin is kind of a technology - free technology project - that was a little late to the party. Interestingly, it finds itself in the same place as the movements that preceded it. The fundamental problem with Bitcoin is not a problem of missing this or that technology, it's a problem of a lack of vision, a lack of how this technology is -
And it's not just about Bitcoin - it's something to do with the wider technology movement. We have to understand the global situation now. Humanity is facing a future with a huge amount of suffering. We are facing the threats from terrorism, from immigration. There's the rise of new ideological movements - ISIS just went and took a city in southern Philippines for more than a month - which is right next to Indonesia, the biggest Muslim country in the world. And in Europe the new right movement is getting very strong, organizing training camps, becoming well-organized, getting into political power and well-funded. This is the reality of our situation now.
We have to think about how this technologies that we make -, where do they situate themselves in the wider global context.
In Rojava, there is also a really important movement with the ideology of democratic confederalism which is the way forward from anarchism. And offers a really good analysis of what is the current society and what is the crisis that we're facing. And how, in that place, revolutionaries from all over the world are going to learning the methodology and ideology of this movement. It's a new emerging movement outside of any one person's control, but new forces can be harnessed. What we have to understand is that anarchist movement and the hacker movement is something deeply connected. The problem with anarchism is that it failed in it's potential to advance humanity forward, it's simply an ideology that no longer is able to work. What we have in Rojava is a libertarian revolution of 5 million people. What is democratic confederalism? It's an ideological movement that opposes the state as a mechanical worldview and sees the nature as something that is divine, that seeks to restore the balance back between internal+subjective and external+material world. The freedom comes from reaching our destiny as human beings, not simply through pleasure seeking. (Liberalism is the destruction of the free society.) And the better humanity it's not simply a happier humanity but stronger freer humanity. The crisis in the West not simply an economic crisis, but social crisis - we're facing a deep cultural issue.
All of the ideas in hacker movement - such as BitLaw, digital governance, cryptographic economy, decentralized organization, new economic models, new technical tools - unless we are able to take all of these concepts and put them into a plan, with a sense of direction, that we can put these into practice - then it's something that's going to be lost. Now, what's presenting itself is a massive opportunity for hackers to put their ideas into practice.
So, right now we are building a hacker team. There's 3 tasks we have to do: study of all the ideas and concepts in technology. From this study we have to develop a long- term plan. And thirdly, we have to devote ourselves to build the technical base of this new emerging democratic confederalism movement, we have to create revolutionary hackers dedicated to the course. If we don't, then all of the technology we are making is outside of the society, it's a toy, and what is relevant in this world is not making new products to fill the spaces in the environment around us, but using technology to shape politics that influence the world around us.
This revolution in North Syria or Rojava is the biggest opportunity in the entire history of modernity. Through this we can give direction to the hacker movement. One of our main projects is a Bitcoin project. We have a nation of 5 million people and - and - and there is a financial situation where they're under financial embargo, they use - , they don't have the financial infrastructure so they use paper money and Syrian Lira is inflating massively. Because there's embargo so you can't send money in and out. Also there is a project to create decentralized economy and there's a lot of real concrete uses for Bitcoin. And also the ideology of the revolutionary nation is in line with the vision and values of the Bitcoin.
When we decide to look at deploying Bitcoin, what we realize is that Bitcoin is not ready and there's a lot of new things that need to be developed in Bitcoin, they should make it so it's able to be deployed on a scale of 5 million people. We are assembling a project to deploy Bitcoin as the national currency of Rojava. We want to create new products in practical use on a large scale. Products that solve real problems and serve the cause of freedom.
Towards this goal, we're assembling a team of 20 hackers dedicated for two years. We're looking to establish links with companies and sponsors to make this happen. The first step is to establish a hacker's academy in Greece - to train groups of revolutionary self-sufficient hackers that we're going to deploy on projects. Our needs now: partners, sponsors, space, support.
Our first plan is to setup exchange shops and localized wallets in Bitcoin where people come buy vouchers and use Bitcoin to create a local Bitcoin market. We have to create brochures, lots of information. Once this system gets bigger, then we also need to think of bigger financial infrastructure - so one of the things is paper wallets. At the moment, 100 thousands paper wallet cost $6000. Unfortunately the counterfeiting measures on the paper wallets aren't very well made. There needs to be a lot research done. There is a small USB device called ESP 12 which can be programmed with micro Python and C and it has on-board Wi-Fi, plus you can fit modules for radio. Through that you can create a large scale payments networks with cheap consumer devices that cost fie dollars each for people to transact bitcoins.
There is also a big market for Bitcoin because sending money between Rojava and Istanbul currently costs 5 %. Later, we also can create plastic card system where we print cards and also establish payments network using radio systems. There needs to be a lot of development and investigations in Lightning Networks and other technologies.
This is why I [want to ((?))] have a laboratory - if I take a group of people there - I can create all kinds of technology projects and a lot of concepts we've been theorizing for a long time. We can see that it works practically.
There is also the project of the Pirates to create liquid democracy - there is a system of local councils in every neighborhood which - , a lot of these digital platforms that have been developed for many years - we can deploy them. There was also the economy being based on cooperatives - all of the ideas about economic management, about collective management of resources about using cryptography and currencies to manage cooperatives. These all things we can deploy - but what it's going to take is a group of people who's doing this research, who's going deep - not only in terms of developing new concepts - but looking back into the literature about what were - , what is the history of the movement, where we situated it and also what are the concepts and how we can apply them towards our goal.
I'm gonna to finish my talk on that. Does anybody have questions?
submitted by vbenes to Bitcoin [link] [comments]

A bitcoin search safari: Bitcoiners and the Jewish Religion.
If the Jews are buying bitcoin, I'm sold.
The talmud allows Jews to lie and cheat none Jews. Why is anyone surprised they got swindled by Ben Lawsky? People were warning about him being a two face and they were actively downvoted by this subreddit. Wake up dummies..
The Israeli government and the Israelis are also under control of the bankers, tycoons and the US.
My coinbase wallet has the words "gay Jew" written into it- am I being punked?
Ironically, being into bitcoin is akin to being a jew.
To be fair BTC is against the Rothschild cartel who appear to be Jewish
If anything bitcoin is a huge blow against international jewry.
That's fine if they are. Most studies show they have a higher iq. The problem is when they run the banks and give their friends and family more loans than others. This is intrinsically unfair and essentially evil
Why is it when Christians band together to make money its a cult but when jewish people do it its business as usual?
I'm not Nostradamus, but I'll ballpark it and say by the end of 2013 Bitcoins will be worth anywhere between $200 and $250. Since they're only $12 right now, you're looking at an enormous return on investment; far more than any typical Jewish bank will give you.
Please stop posting this Jewish bankemedia attempt to besmirch bitcoin. We are going to see this time and again from the Jewish bankers. This will not be the first time.
The globalist banking cartel are Jewish supremacists that use their money power to wipe out all racially homogenous nations, especially White nations.
The libertarian movement is at it's core Jewish.
If we unite, we can win this war against governments, big corperations and rich Jewish families who pull strings in the background. You think we live in a democracy? It's nothing but an illusion.
the current economic mess can be directly traced to Jewish economic practices brought into fruition through Milton Friedman and Alan Greenspan.
Hitler was a Rothschild and so Jewish by decent. But the term Nazi was just a derogatory term coined by Zionists at the time. When you understand that Hitler was actually nothing more than a piece in the Zionist's chess game things become a bit clearer.
he's just a Jew. This is normal behavior for them since they're miscegenated and later inbred leading to neurosis and mental deviance.
Cavirtex is owned by a greedy kike, but is necessary to use for high rollers.
once you dispel the lies of these filthy thieving kikes and their degenerate goy monkey slaves, will you truly understand what the Nazis were about.
The Jewish subconscious is marked by paranoia and fear. I have many Jewish friends and they all atest to this. Now look at the bitcoin 'community' what it tends to project...
And so on.
submitted by Hodldown to Buttcoin [link] [comments]

I posted this on the other sub and it wasn't well received....

"I love learning about this thing and I think Bitcoin / the cryptocurrency is the future. It's the next big thing along with Artificial Intelligence and the quantum computer. Just like the invention of the personal computer was big, just like the invention of the internet was big, I think Bitcoin / the decentralized cryptocurrency is the next thing.
I'm still a beginner but I thought I'd contribute as much as I know so that others would not waste time like I did, while the price is rising at a tremendous rate.
And, all those softwares like Breadwallet, Airbitz, - how do we know that they're not giving us already known Key Pairs?
Sure, programmers can audit the code on Github and compile it, but for non-programmers, there's no way to know.
I see lots of people "buying" their bitcoin on Coinbase or other exchanges and think that's it. If the bitcoin is not in your address and you don't own the Private Key, you don't own the bitcoin..
So, the following may seem paranoid but, these are the steps that I found (for the experienced bitcoiners, please just scan through it. You'd probably know all these already):
Using Bitcoin Core
  1. If you can read code and know how to compile the code from github, download it, use a new USB Stick to transfer it to a literally virgin computer which will be airgapped, and compile it and use it there.
  2. If you can't read code and don't know how to compile stuff, download the binary file from and hashcheck it. Don't just compare the hash with the text file you downloaded from Check out the hashes posted by all the core developers on Github.
  3. Write down the generated Key Pairs on a paper with a waterproof ink and store it somewhere safe. Engraving the Key Pairs on a metal strip and storing it in a safe is also a good idea in case of fire. You can also print it out but, be sure to use a printer that doesn't have wifi and doesn't have a memory that can store data, and don't let anyone use it. Also back up the Key Pairs in an encrypted USB Stick and tell your family to take it in case of fire, so that even if the safe is destroyed, you would still have the Key Pairs.
For those of you "buying" bitcoins at Exchanges.
  1. I've never used an Exchange because they ask for the email and stuff to create an account and I live in a very poor closed country so, I cannot sign up there (I don't really know how I can buy bitcoin since I literally live in the middle of nowhere. It doesn't support international credit cards, debit cards, paypal, nothing.. I'd be very very happy if you'd donate some bitcoin to me. 1GaCyMgNbvVatrn9UBxn24MZ6NgXztTPPB If begging for donations is frowned upon, really please let me know and I'll erase it.), but as far as I know, when you "buy" your bitcoin there, you don't own your bitcoin yet until you transfer them to your actual Address. So, when you buy from the exchange, please transfer the bitcoin into your actual Address. You don't own your bitcoin if you don't know the private keys. I heard that Coinbase is insured, but still, actually having the bitcoin in your Address is better.
  2. Buying from ATMs is the best, I think. Also, buy in small amounts. For example, if you want to buy a $500 worth of bitcoin, instead of buying it in one go at the ATM, buy for $100 ten times.
Further look into the "virgin" computer
  1. If it's an old computer, it's not "virgin"
  2. Even if you format the hard drive, some viruses/malwares can still survive. And there are still viruses/malwares that can stay on the motherboard and bios.
  3. What if those viruses/malwares generate predictable Private Keys for you? What if those viruses/malwares generates already known Key Pairs for you? The keys won't escape the computer, but you'd be using the malicious individual's keys.
If you don't know much about Bitcoin because you're still studying it to have the technical knowledge,
  1. First, learn security - make sure you know how to create secure-enough Key Pairs first. You can study how the Bitcoin network works later, after you've bought some bitcoin. Learn more while you're holding.
  2. Second, learn about Game Theory, and incentives, so that even if you don't have the technical knowledge, you can make risk assessments and choose who you can trust.
  3. Continue learning about cryptography - interesting stuff like hashes, RSA, SHA's, SSL Certificates, signing, trust chains, etc. I think know these will help you understand more about crytocurrency. May be as cryptocurrency gets mainstream, you'd be able to make a career out of it, who knows? You'd be one of the pioneers if you start studying it right now. Also learn more about processors and harware so that hardware companies wouldn't be able to screw you over.
Sorry if it's not complete. I'll continue to learn more about security, bitcoin and how cryptology works, improve my English and may be post more in the future."
(I was never a fanboy of Bitcoin and apparently they don't want to encourage rational thinking. I'm an open-minded beginner and I like to learn about other cryptocurrencies as well, which is why I'm here, guys. But I left that dishonest sub for good. The amount of ignorant people in there is staggering!
Edit - Oh I see. They don't want to encourage average Joes to learn the proper method of creating keypairs and properly storing bitcoin. They want people to store their money on exchanges I see lol)
submitted by CasualManhaha to btc [link] [comments]

Open-Source project forking history (and Bitcoin XT)

Forks are necessary. Just like a vote-of-no-confidence and new elections in democracy, or revolution in dictatorship, or Civil War if everything else fails and no consensus if reached.
Let's look at open-source forks history:
  1. OpenOffice -> LibreOffice (95% users and devs migrated)
  2. XFree86 -> Xorg (100% users and devs migrated, after license change)
  3. Emacs editor to XEmacs (30% migrated), old fork still has advantage. But for editors, consensus is not required.
  4. Glibc to Debians glibc (70% migrated), Debian +Ubuntu. The forks are compatible.
  5. GCC compiler to EGCS to new GCC compiler (100% migrated, old maintainer was fired from FSF "Free Software Foundation" by Richard Stallman, the neck-bearded old man, that does endless loop in 8 steps. Old maintainer refused to accept new Intel Pentium optimization patches and didn't move his ass).
  6. Linux Kernel has mini forks all the time, like Xen kernel, OpenVZ kernel, real-time, hardened security kernel and openSUSE AppArmor kernel. No major forks in horizon, which means it is well managed. (99.9% users use the standard Linux kernel, with small optimization/bugfixes by distro). Xen and AppArmor patches upstreamed into standard Linux kernel.
  7. GDB, GNU debugger, had 400 forks in the 90's, which were all merged back into new GDB. (100% migration)
In short, forking is part of the open source community. What matters here is not just the code, but the community that stands behind it. I was also scared shitless when I heard, that XFree86 project ceased to exist. I feared no Red Hat Linux desktop anymore, but little I know, that Open-Source projects do not really die this way. Later I realized, that Red Hat (and others) would not allow X11 desktop to fail, as long as there is demand for it, even if among Linux developers. In the end all development continued under the Xorg umbrella, and XFree86 project died.
Open-Source projects can only die if there is no maintainer / no big demand among users.
In case of Bitcoin, old BTC, we will receive 1 new BTC and 1 new BTX (Bitcoin XT), and community will decide which is the best. Wallet backup is compatible. As long as there is community, it would have value. But temporary crash is possible due to panic selling. Long-term damage is unlikely. (assume a dude with an ancient physical Bitcoin or an old wallet backup falls asleep for 10 years, and wakes up in 2025 - his Bitcoin, or Bitcoin XT will probably be worth more. ) So, I don't believe in chicken little and the sky is falling mania-depressia. Open Source history teaches us a solution.
We can discuss those examples of ancient forks in detail. I studied it few years ago.
Best wishes,
-"Technologov", Open-Source community member. 23.07.2015.
Disclosure: I vote for large blocks. Let's try to reach consensus in Bitcoin core, and if not -- I vote for Bitcoin XT.
Read more about Open-Source forking history:
submitted by Technologov to Bitcoin [link] [comments]

Lemote Yeelong: Security down to the hardware level. Almost totally open source hardware to run secure systems on.

I was commenting about the need to audit hardware in a different sub and someone agreed with me and pointed out that Richard Stallman refuses to use anything but the most opensource software AND hardware. He supposedly uses the Lemote Yeelong systems that have open sourced almost everything. The systems are probably not very user friendly and will take compiling the various wallets, but the need to secure $9 billion in bitcoins could drive further development of these systems.
submitted by BobbyLarken to Bitcoin [link] [comments]

Stallman tried to save us from passwords! Bitcoin 2012 London: Richard Stallman - YouTube How to install Bitcoin Armory in Ubuntu 14.04 Bitcoin: Revolution is now.

Every Bitcoin transaction is published." But when Cointelegraph asks about various Bitcoin modifications designed for privacy, Stallman answers "I am not convinced about them." Richard Stallman: In any case, the GNU project has developed something much better, which is GNU Taler. GNU Taler is not a cryptocurrency. Richard Stallman, the fervently committed founder of the free software movement, is discussing the term “libertarian,” when he stops talking abruptly and says, “Hello?” ... but to Stallman, bitcoin isn’t suitable as a digital payment system. His biggest complaint: bitcoin’s poor privacy protections. ... Coins in the wallet are ... Richard Stallman, founder of the free software movement, is building a privacy-focused cryptographic payments system, but says it's not a cryptocurrency. ... but to Stallman, bitcoin isn’t ... Dr. Stallman spent most of his time advocating for free software, but nowadays, he has been adopting a critical stance on cryptocurrencies. Cryptocurrency 26 mins Bitcoin Lender BlockFi Raises $50M In Series C Round Forbes Richard Stallman: The answer is no. I don't do any kind of digital payments, and the reason is the systems that exist do not respect the user's privacy, and that includes Bitcoin. I don't do any kind of digital payments, and the reason is the systems that exist do not respect the user's privacy, and that includes Bitcoin.

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Stallman tried to save us from passwords!

Sign up to our newsletter and be the first to hear about upcoming releases and how you can get involved Richar... Bitcoin 101 - Intro to Paper Wallets & Cold Storage - Bitcoin Security & Fun with Sloppy Wallets - Duration: ... Richard Stallman on good things and bad things about Bitcoin - Duration: 5:06. Richard Stallman Talks About Ubuntu - Duration: 6:10. ... Get Bitcoin Wallet In Linux Mint ( Ubuntu ), No Installation Required - Duration: 5:11. linuxforever 11,087 views. This is how Richard Stallman tried to put a stop this password business the very day the Suits got it implemented. ... Richard Stallman on good things and bad things about Bitcoin - Duration: 5:06.