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(p.1)
Author
Topic: "bitcoin does not rely on trusting any central issuer" (Read 1503 times)
boscoj
(OP)
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"bitcoin does not rely on trusting any central issuer"
May 17, 2011, 03:23:56 AM
#1
well who is the central issuer?
ColdHardMetal
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Re: "bitcoin does not rely on trusting any central issuer"
May 17, 2011, 03:25:32 AM
#2
Quote from: boscoj on May 17, 2011, 03:23:56 AM
well who is the central issuer?
There isn't one, hence no need to trust one.
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boscoj
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Re: "bitcoin does not rely on trusting any central issuer"
May 17, 2011, 03:33:17 AM
#3
well how were the coins created?
ColdHardMetal
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Re: "bitcoin does not rely on trusting any central issuer"
May 17, 2011, 03:37:44 AM
#4
Quote from: boscoj on May 17, 2011, 03:33:17 AM
well how were the coins created?
https://en.bitcoin.it/wiki/FAQ#How_are_new_Bitcoins_created?
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em3rgentOrdr
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youtube.com/ericfontainejazz now accepts bitcoin
Re: "bitcoin does not rely on trusting any central issuer"
May 17, 2011, 04:23:35 AM
#5
Yay!!! Noobie time! Welcome to bitcoin!
"We will not find a solution to political problems in cryptography, but we can win a major battle in the arms race and gain a new territory of freedom for several years.
Governments are good at cutting off the heads of a centrally controlled networks, but pure P2P networks are holding their own."
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