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14 <a href="http://people.skolelinux.org/pere/blog/">Petter Reinholdtsen</a>
15
16 </h1>
17
18 </div>
19
20
21 <h3>Entries tagged "bitcoin".</h3>
22
23 <div class="entry">
24 <div class="title">
25 <a href="http://people.skolelinux.org/pere/blog/A_fist_full_of_non_anonymous_Bitcoins.html">A fist full of non-anonymous Bitcoins</a>
26 </div>
27 <div class="date">
28 29th January 2014
29 </div>
30 <div class="body">
31 <p>Bitcoin is a incredible use of peer to peer communication and
32 encryption, allowing direct and immediate money transfer without any
33 central control. It is sometimes claimed to be ideal for illegal
34 activity, which I believe is quite a long way from the truth. At least
35 I would not conduct illegal money transfers using a system where the
36 details of every transaction are kept forever. This point is
37 investigated in
38 <a href="https://www.usenix.org/publications/login">USENIX ;login:</a>
39 from December 2013, in the article
40 "<a href="https://www.usenix.org/system/files/login/articles/03_meiklejohn-online.pdf">A
41 Fistful of Bitcoins - Characterizing Payments Among Men with No
42 Names</a>" by Sarah Meiklejohn, Marjori Pomarole,Grant Jordan, Kirill
43 Levchenko, Damon McCoy, Geoffrey M. Voelker, and Stefan Savage. They
44 analyse the transaction log in the Bitcoin system, using it to find
45 addresses belong to individuals and organisations and follow the flow
46 of money from both Bitcoin theft and trades on Silk Road to where the
47 money end up. This is how they wrap up their article:</p>
48
49 <p><blockquote>
50 <p>"To demonstrate the usefulness of this type of analysis, we turned
51 our attention to criminal activity. In the Bitcoin economy, criminal
52 activity can appear in a number of forms, such as dealing drugs on
53 Silk Road or simply stealing someone else’s bitcoins. We followed the
54 flow of bitcoins out of Silk Road (in particular, from one notorious
55 address) and from a number of highly publicized thefts to see whether
56 we could track the bitcoins to known services. Although some of the
57 thieves attempted to use sophisticated mixing techniques (or possibly
58 mix services) to obscure the flow of bitcoins, for the most part
59 tracking the bitcoins was quite straightforward, and we ultimately saw
60 large quantities of bitcoins flow to a variety of exchanges directly
61 from the point of theft (or the withdrawal from Silk Road).</p>
62
63 <p>As acknowledged above, following stolen bitcoins to the point at
64 which they are deposited into an exchange does not in itself identify
65 the thief; however, it does enable further de-anonymization in the
66 case in which certain agencies can determine (through, for example,
67 subpoena power) the real-world owner of the account into which the
68 stolen bitcoins were deposited. Because such exchanges seem to serve
69 as chokepoints into and out of the Bitcoin economy (i.e., there are
70 few alternative ways to cash out), we conclude that using Bitcoin for
71 money laundering or other illicit purposes does not (at least at
72 present) seem to be particularly attractive."</p>
73 </blockquote><p>
74
75 <p>These researches are not the first to analyse the Bitcoin
76 transaction log. The 2011 paper
77 "<a href="http://arxiv.org/abs/1107.4524">An Analysis of Anonymity in
78 the Bitcoin System</A>" by Fergal Reid and Martin Harrigan is
79 summarized like this:</p>
80
81 <p><blockquote>
82 "Anonymity in Bitcoin, a peer-to-peer electronic currency system, is a
83 complicated issue. Within the system, users are identified by
84 public-keys only. An attacker wishing to de-anonymize its users will
85 attempt to construct the one-to-many mapping between users and
86 public-keys and associate information external to the system with the
87 users. Bitcoin tries to prevent this attack by storing the mapping of
88 a user to his or her public-keys on that user's node only and by
89 allowing each user to generate as many public-keys as required. In
90 this chapter we consider the topological structure of two networks
91 derived from Bitcoin's public transaction history. We show that the
92 two networks have a non-trivial topological structure, provide
93 complementary views of the Bitcoin system and have implications for
94 anonymity. We combine these structures with external information and
95 techniques such as context discovery and flow analysis to investigate
96 an alleged theft of Bitcoins, which, at the time of the theft, had a
97 market value of approximately half a million U.S. dollars."
98 </blockquote></p>
99
100 <p>I hope these references can help kill the urban myth that Bitcoin
101 is anonymous. It isn't really a good fit for illegal activites. Use
102 cash if you need to stay anonymous, at least until regular DNA
103 sampling of notes and coins become the norm. :)</p>
104
105 <p>As usual, if you use Bitcoin and want to show your support of my
106 activities, please send Bitcoin donations to my address
107 <b><a href="bitcoin:15oWEoG9dUPovwmUL9KWAnYRtNJEkP1u1b&label=PetterReinholdtsenBlog">15oWEoG9dUPovwmUL9KWAnYRtNJEkP1u1b</a></b>.</p>
108
109 </div>
110 <div class="tags">
111
112
113 Tags: <a href="http://people.skolelinux.org/pere/blog/tags/bitcoin">bitcoin</a>, <a href="http://people.skolelinux.org/pere/blog/tags/english">english</a>, <a href="http://people.skolelinux.org/pere/blog/tags/personvern">personvern</a>, <a href="http://people.skolelinux.org/pere/blog/tags/sikkerhet">sikkerhet</a>, <a href="http://people.skolelinux.org/pere/blog/tags/usenix">usenix</a>.
114
115
116 </div>
117 </div>
118 <div class="padding"></div>
119
120 <div class="entry">
121 <div class="title">
122 <a href="http://people.skolelinux.org/pere/blog/Bitcoin_er_ikke_anonymt___f_res_Stortinget_bak_lyset_av_finansministeren_.html">Bitcoin er ikke anonymt - føres Stortinget bak lyset av finansministeren?</a>
123 </div>
124 <div class="date">
125 22nd April 2013
126 </div>
127 <div class="body">
128 <p><a href="http://bitcoin.org/">Bitcoin</a> er mye i mediene for
129 tiden. Jeg følger med via Mylder for å finne
130 <a href="http://mylder.no/?drill=bitcoin">artikler som omtaler
131 temaet</a>, og takket være dette oppdaget jeg at stortingsrepresentant
132 Ketil Solvik-Olsen fra FrP nylig har spurt finansminister Sigbjørn
133 Johnsen om hans syn på Bitcoin, og
134 <a href="http://www.stortinget.no/no/Saker-og-publikasjoner/Sporsmal/Skriftlige-sporsmal-og-svar/Skriftlig-sporsmal/?qid=57052">fått
135 svar for noen dager siden</a>. Jeg bet meg spesielt merke til
136 følgende formulering fra finansministeren:</p>
137
138 <p><blockquote>
139 «Det er også utfordringer ved at handel med Bitcoins er uregulert og
140 at transaksjonene er anonyme.»
141 </blockquote></p>
142
143 <p>At Bitcoin er anonymt er en myte som spres av både journalister og
144 andre, så det er ikke veldig overraskende at også finansministeren har
145 gått på limpinnen. Det er dog litt rart, da jeg håper at
146 finansdepartementet ikke baserer seg på rykter og myter når de
147 besvarer Stortinget. Men du trenger ikke bare tro på meg som kilde
148 til påstanden om at Bitcoin ikke er anonymt. Sondre Rønjom har
149 <a href="http://blogg.nsm.stat.no/archives/3241">via Sikkerhetsbloggen
150 hos Nasjonal Sikkerhetsmyndighet</a> uttalt følgende:</p>
151
152 <p><blockquote>
153 «At [bitcoin] i utgangspunktet
154 <a href="http://arxiv.org/abs/1107.4524"><em>ikke</em> er anonymt</a>,
155 kommer kanskje som en overraskelse på mange.»
156 </blockquote></p>
157
158 <p>Enhver bevegelse av Bitcoin er offentlig tilgjengelig for alle på
159 Internet, og en må legge svært mye innsats inn hvis en skal hindre at
160 nettverksanalyse av transaksjonsloggene kan brukes til å identifisere
161 brukerne. F.eks. kan en enkelt se hva jeg har mottatt til min
162 offentliggjorte mottaksadresse ved å besøke blockexplorer og slå opp
163 adressen
164 <a href="http://blockexplorer.com/address/15oWEoG9dUPovwmUL9KWAnYRtNJEkP1u1b">15oWEoG9dUPovwmUL9KWAnYRtNJEkP1u1b</a>.
165 Det virker dermed på meg ganske klart at å påstå at
166 Bitcoin-transaksjoner er anonyme strengt tatt er å føre Stortinget bak
167 lyset.</p>
168
169 <p>Finansministeren er ikke den eneste som har latt seg forlede av
170 medieomtalen. I spørsmålet fra Hr. Solvik-Olsen skriver han at «For
171 noen dager siden kom den første bitcoin-minibanken på Kypros», hvilket
172 så vidt jeg har klart å finne ut ikke er riktig. Det er annonsert
173 planer om en slik minibank (fra
174 <a href="http://www.bitcoinatm.com/">BitcoinATM</a>), men jeg finner
175 intet tegn til at en slik minibank er utplassert noe sted.</p>
176
177 <p>Som vanlig, hvis du bruker Bitcoin og ønsker å vise din støtte til
178 mine aktiviteter, så setter jeg pris på Bitcoin-donasjoner til min
179 adresse
180 <b><a href="bitcoin:15oWEoG9dUPovwmUL9KWAnYRtNJEkP1u1b&label=PetterReinholdtsenBlog">15oWEoG9dUPovwmUL9KWAnYRtNJEkP1u1b</a></b>.</p>
181
182 </div>
183 <div class="tags">
184
185
186 Tags: <a href="http://people.skolelinux.org/pere/blog/tags/bitcoin">bitcoin</a>, <a href="http://people.skolelinux.org/pere/blog/tags/norsk">norsk</a>, <a href="http://people.skolelinux.org/pere/blog/tags/stortinget">stortinget</a>.
187
188
189 </div>
190 </div>
191 <div class="padding"></div>
192
193 <div class="entry">
194 <div class="title">
195 <a href="http://people.skolelinux.org/pere/blog/Bitcoin_GUI_now_available_from_Debian_unstable__and_Ubuntu_raring_.html">Bitcoin GUI now available from Debian/unstable (and Ubuntu/raring)</a>
196 </div>
197 <div class="date">
198 2nd February 2013
199 </div>
200 <div class="body">
201 <p>My
202 <a href="http://people.skolelinux.org/pere/blog/How_to_backport_bitcoin_qt_version_0_7_2_2_to_Debian_Squeeze.html">last
203 bitcoin related blog post</a> mentioned that the new
204 <a href="http://packages.qa.debian.org/bitcoin">bitcoin package</a> for
205 Debian was waiting in NEW. It was accepted by the Debian ftp-masters
206 2013-01-19, and have been available in unstable since then. It was
207 automatically copied to Ubuntu, and is available in their Raring
208 version too.</p>
209
210 <p>But there is a strange problem with the build that block this new
211 version from being available on the i386 and kfreebsd-i386
212 architectures. For some strange reason, the autobuilders in Debian
213 for these architectures fail to run the test suite on these
214 architectures (<a href="http://bugs.debian.org/672524">BTS #672524</a>).
215 We are so far unable to reproduce it when building it manually, and
216 no-one have been able to propose a fix. If you got an idea what is
217 failing, please let us know via the BTS.</p>
218
219 <p>One feature that is annoying me with of the bitcoin client, because
220 I often run low on disk space, is the fact that the client will exit
221 if it run short on space (<a href="http://bugs.debian.org/696715">BTS
222 #696715</a>). So make sure you have enough disk space when you run
223 it. :)</p>
224
225 <p>As usual, if you use bitcoin and want to show your support of my
226 activities, please send Bitcoin donations to my address
227 <b><a href="bitcoin:15oWEoG9dUPovwmUL9KWAnYRtNJEkP1u1b&label=PetterReinholdtsenBlog">15oWEoG9dUPovwmUL9KWAnYRtNJEkP1u1b</a></b>.</p>
228
229 </div>
230 <div class="tags">
231
232
233 Tags: <a href="http://people.skolelinux.org/pere/blog/tags/bitcoin">bitcoin</a>, <a href="http://people.skolelinux.org/pere/blog/tags/debian">debian</a>, <a href="http://people.skolelinux.org/pere/blog/tags/english">english</a>.
234
235
236 </div>
237 </div>
238 <div class="padding"></div>
239
240 <div class="entry">
241 <div class="title">
242 <a href="http://people.skolelinux.org/pere/blog/How_to_backport_bitcoin_qt_version_0_7_2_2_to_Debian_Squeeze.html">How to backport bitcoin-qt version 0.7.2-2 to Debian Squeeze</a>
243 </div>
244 <div class="date">
245 25th December 2012
246 </div>
247 <div class="body">
248 <p>Let me start by wishing you all marry Christmas and a happy new
249 year! I hope next year will prove to be a good year.</p>
250
251 <p><a href="http://www.bitcoin.org/">Bitcoin</a>, the digital
252 decentralised "currency" that allow people to transfer bitcoins
253 between each other with minimal overhead, is a very interesting
254 experiment. And as I wrote a few days ago, the bitcoin situation in
255 <a href="http://www.debian.org/">Debian</a> is about to improve a bit.
256 The <a href="http://packages.qa.debian.org/bitcoin">new debian source
257 package</a> (version 0.7.2-2) was uploaded yesterday, and is waiting
258 in <a href="http://ftp-master.debian.org/new.html">the NEW queue</A>
259 for one of the ftpmasters to approve the new bitcoin-qt package
260 name.</p>
261
262 <p>And thanks to the great work of Jonas and the rest of the bitcoin
263 team in Debian, you can easily test the package in Debian Squeeze
264 using the following steps to get a set of working packages:</p>
265
266 <blockquote><pre>
267 git clone git://git.debian.org/git/collab-maint/bitcoin
268 cd bitcoin
269 DEB_MAINTAINER_MODE=1 DEB_BUILD_OPTIONS=noupnp fakeroot debian/rules clean
270 DEB_BUILD_OPTIONS=noupnp git-buildpackage --git-ignore-new
271 </pre></blockquote>
272
273 <p>You might have to install some build dependencies as well. The
274 list of commands should give you two packages, bitcoind and
275 bitcoin-qt, ready for use in a Squeeze environment. Note that the
276 client will download the complete set of bitcoin "blocks", which need
277 around 5.6 GiB of data on my machine at the moment. Make sure your
278 ~/.bitcoin/ directory have lots of spare room if you want to download
279 all the blocks. The client will warn if the disk is getting full, so
280 there is not really a problem if you got too little room, but you will
281 not be able to get all the features out of the client.</p>
282
283 <p>As usual, if you use bitcoin and want to show your support of my
284 activities, please send Bitcoin donations to my address
285 <b><a href="bitcoin:15oWEoG9dUPovwmUL9KWAnYRtNJEkP1u1b&label=PetterReinholdtsenBlog">15oWEoG9dUPovwmUL9KWAnYRtNJEkP1u1b</a></b>.</p>
286
287 </div>
288 <div class="tags">
289
290
291 Tags: <a href="http://people.skolelinux.org/pere/blog/tags/bitcoin">bitcoin</a>, <a href="http://people.skolelinux.org/pere/blog/tags/debian">debian</a>, <a href="http://people.skolelinux.org/pere/blog/tags/english">english</a>.
292
293
294 </div>
295 </div>
296 <div class="padding"></div>
297
298 <div class="entry">
299 <div class="title">
300 <a href="http://people.skolelinux.org/pere/blog/A_word_on_bitcoin_support_in_Debian.html">A word on bitcoin support in Debian</a>
301 </div>
302 <div class="date">
303 21st December 2012
304 </div>
305 <div class="body">
306 <p>It has been a while since I wrote about
307 <a href="http://www.bitcoin.org/">bitcoin</a>, the decentralised
308 peer-to-peer based crypto-currency, and the reason is simply that I
309 have been busy elsewhere. But two days ago, I started looking at the
310 state of <a href="http://packages.qa.debian.org/bitcoin">bitcoin in
311 Debian</a> again to try to recover my old bitcoin wallet. The package
312 is now maintained by a
313 <a href="https://alioth.debian.org/projects/pkg-bitcoin/">team of
314 people</a>, and the grunt work had already been done by this team. We
315 owe a huge thank you to all these team members. :)
316 But I was sad to discover that the bitcoin client is missing in
317 Wheezy. It is only available in Sid (and an outdated client from
318 backports). The client had several RC bugs registered in BTS blocking
319 it from entering testing. To try to help the team and improve the
320 situation, I spent some time providing patches and triaging the bug
321 reports. I also had a look at the bitcoin package available from Matt
322 Corallo in a
323 <a href="https://launchpad.net/~bitcoin/+archive/bitcoin">PPA for
324 Ubuntu</a>, and moved the useful pieces from that version into the
325 Debian package.</p>
326
327 <p>After checking with the main package maintainer Jonas Smedegaard on
328 IRC, I pushed several patches into the collab-maint git repository to
329 improve the package. It now contains fixes for the RC issues (not from
330 me, but fixed by Scott Howard), build rules for a Qt GUI client
331 package, konqueror support for the bitcoin: URI and bash completion
332 setup. As I work on Debian Squeeze, I also created
333 <a href="http://lists.alioth.debian.org/pipermail/pkg-bitcoin-devel/Week-of-Mon-20121217/000041.html">a
334 patch to backport</a> the latest version. Jonas is going to look at
335 it and try to integrate it into the git repository before uploading a
336 new version to unstable.
337
338 <p>I would very much like bitcoin to succeed, to get rid of the
339 centralized control currently exercised in the monetary system. I
340 find it completely unacceptable that the USA government is collecting
341 transaction data for almost all international money transfers (most are done in USD and transaction logs shipped to the spooks), and
342 that the major credit card companies can block legal money
343 transactions to Wikileaks. But for bitcoin to succeed, more people
344 need to use bitcoins, and more people need to accept bitcoins when
345 they sell products and services. Improving the bitcoin support in
346 Debian is a small step in the right direction, but not enough.
347 Unfortunately the user experience when browsing the web and wanting to
348 pay with bitcoin is still not very good. The bitcoin: URI is a step
349 in the right direction, but need to work in most or every browser in
350 use. Also the bitcoin-qt client is too heavy to fire up to do a
351 quick transaction. I believe there are other clients available, but
352 have not tested them.</p>
353
354 <p>My
355 <a href="http://people.skolelinux.org/pere/blog/Now_accepting_bitcoins___anonymous_and_distributed_p2p_crypto_money.html">experiment
356 with bitcoins</a> showed that at least some of my readers use bitcoin.
357 I received 20.15 BTC so far on the address I provided in my blog two
358 years ago, as can be
359 <a href="http://blockexplorer.com/address/15oWEoG9dUPovwmUL9KWAnYRtNJEkP1u1b">seen
360 on the blockexplorer service</a>. Thank you everyone for your
361 donation. The blockexplorer service demonstrates quite well that
362 bitcoin is not quite anonymous and untracked. :) I wonder if the
363 number of users have gone up since then. If you use bitcoin and want
364 to show your support of my activity, please send Bitcoin donations to
365 the same address as last time,
366 <b><a href="bitcoin:15oWEoG9dUPovwmUL9KWAnYRtNJEkP1u1b&label=PetterReinholdtsenBlog">15oWEoG9dUPovwmUL9KWAnYRtNJEkP1u1b</a></b>.</p>
367
368 </div>
369 <div class="tags">
370
371
372 Tags: <a href="http://people.skolelinux.org/pere/blog/tags/bitcoin">bitcoin</a>, <a href="http://people.skolelinux.org/pere/blog/tags/debian">debian</a>, <a href="http://people.skolelinux.org/pere/blog/tags/english">english</a>.
373
374
375 </div>
376 </div>
377 <div class="padding"></div>
378
379 <div class="entry">
380 <div class="title">
381 <a href="http://people.skolelinux.org/pere/blog/The_European_Central_Bank__ECB__take_a_look_at_bitcoin.html">The European Central Bank (ECB) take a look at bitcoin</a>
382 </div>
383 <div class="date">
384 4th November 2012
385 </div>
386 <div class="body">
387 <p>Slashdot just ran a story about the European Central Bank (ECB)
388 <a href="http://www.ecb.europa.eu/pub/pdf/other/virtualcurrencyschemes201210en.pdf">releasing
389 a report (PDF)</a> about virtual currencies and
390 <a href="http://www.bitcoin.org/">bitcoin</a>. It is interesting to
391 see how a member of the bitcoin community
392 <a href="http://blog.bitinstant.com/blog/2012/10/30/the-ecb-report-on-bitcoin-and-virtual-currencies.html">receive
393 the report</a>. As for the future, I suspect the central banks and
394 the governments will outlaw bitcoin if it gain any popularity, to avoid
395 competition. My thoughts go to the
396 <a href="http://en.wikipedia.org/wiki/Wörgl">Wörgl experiment</a> with
397 negative inflation on cash which was such a success that it was
398 terminated by the Austrian National Bank in 1933. A successful
399 alternative would be a threat to the current money system and gain
400 powerful forces to work against it.</p>
401
402 <p>While checking out the current status of bitcoin, I also discovered
403 that the community already seem to have
404 <a href="http://www.theverge.com/2012/8/27/3271637/bitcoin-savings-trust-pyramid-scheme-shuts-down">experienced
405 its first pyramid game / Ponzi scheme</a>. Not very surprising, given
406 how members of "small" communities tend to trust each other. I guess
407 enterprising crocks will try again and again, as they do anywhere
408 wealth is available.</p>
409
410 </div>
411 <div class="tags">
412
413
414 Tags: <a href="http://people.skolelinux.org/pere/blog/tags/bitcoin">bitcoin</a>, <a href="http://people.skolelinux.org/pere/blog/tags/english">english</a>, <a href="http://people.skolelinux.org/pere/blog/tags/personvern">personvern</a>, <a href="http://people.skolelinux.org/pere/blog/tags/sikkerhet">sikkerhet</a>.
415
416
417 </div>
418 </div>
419 <div class="padding"></div>
420
421 <div class="entry">
422 <div class="title">
423 <a href="http://people.skolelinux.org/pere/blog/Some_thoughts_on_BitCoins.html">Some thoughts on BitCoins</a>
424 </div>
425 <div class="date">
426 11th December 2010
427 </div>
428 <div class="body">
429 <p>As I continue to explore
430 <a href="http://www.bitcoin.org/">BitCoin</a>, I've starting to wonder
431 what properties the system have, and how it will be affected by laws
432 and regulations here in Norway. Here are some random notes.</p>
433
434 <p>One interesting thing to note is that since the transactions are
435 verified using a peer to peer network, all details about a transaction
436 is known to everyone. This means that if a BitCoin address has been
437 published like I did with mine in my initial post about BitCoin, it is
438 possible for everyone to see how many BitCoins have been transfered to
439 that address. There is even a web service to look at the details for
440 all transactions. There I can see that my address
441 <a href="http://blockexplorer.com/address/15oWEoG9dUPovwmUL9KWAnYRtNJEkP1u1b">15oWEoG9dUPovwmUL9KWAnYRtNJEkP1u1b</a>
442 have received 16.06 Bitcoin, the
443 <a href="http://blockexplorer.com/address/1LfdGnGuWkpSJgbQySxxCWhv8MHqvwst3">1LfdGnGuWkpSJgbQySxxCWhv8MHqvwst3</a>
444 address of Simon Phipps have received 181.97 BitCoin and the address
445 <a href="http://blockexplorer.com/address/1MCwBbhNGp5hRm5rC1Aims2YFRe2SXPYKt">1MCwBbhNGp5hRm5rC1Aims2YFRe2SXPYKt</A>
446 of EFF have received 2447.38 BitCoins so far. Thank you to each and
447 every one of you that donated bitcoins to support my activity. The
448 fact that anyone can see how much money was transfered to a given
449 address make it more obvious why the BitCoin community recommend to
450 generate and hand out a new address for each transaction. I'm told
451 there is no way to track which addresses belong to a given person or
452 organisation without the person or organisation revealing it
453 themselves, as Simon, EFF and I have done.</p>
454
455 <p>In Norway, and in most other countries, there are laws and
456 regulations limiting how much money one can transfer across the border
457 without declaring it. There are money laundering, tax and accounting
458 laws and regulations I would expect to apply to the use of BitCoin.
459 If the Skolelinux foundation
460 (<a href="http://linuxiskolen.no/slxdebianlabs/donations.html">SLX
461 Debian Labs</a>) were to accept donations in BitCoin in addition to
462 normal bank transfers like EFF is doing, how should this be accounted?
463 Given that it is impossible to know if money can cross the border or
464 not, should everything or nothing be declared? What exchange rate
465 should be used when calculating taxes? Would receivers have to pay
466 income tax if the foundation were to pay Skolelinux contributors in
467 BitCoin? I have no idea, but it would be interesting to know.</p>
468
469 <p>For a currency to be useful and successful, it must be trusted and
470 accepted by a lot of users. It must be possible to get easy access to
471 the currency (as a wage or using currency exchanges), and it must be
472 easy to spend it. At the moment BitCoin seem fairly easy to get
473 access to, but there are very few places to spend it. I am not really
474 a regular user of any of the vendor types currently accepting BitCoin,
475 so I wonder when my kind of shop would start accepting BitCoins. I
476 would like to buy electronics, travels and subway tickets, not herbs
477 and books. :) The currency is young, and this will improve over time
478 if it become popular, but I suspect regular banks will start to lobby
479 to get BitCoin declared illegal if it become popular. I'm sure they
480 will claim it is helping fund terrorism and money laundering (which
481 probably would be true, as is any currency in existence), but I
482 believe the problems should be solved elsewhere and not by blaming
483 currencies.</p>
484
485 <p>The process of creating new BitCoins is called mining, and it is
486 CPU intensive process that depend on a bit of luck as well (as one is
487 competing against all the other miners currently spending CPU cycles
488 to see which one get the next lump of cash). The "winner" get 50
489 BitCoin when this happen. Yesterday I came across the obvious way to
490 join forces to increase ones changes of getting at least some coins,
491 by coordinating the work on mining BitCoins across several machines
492 and people, and sharing the result if one is lucky and get the 50
493 BitCoins. Check out
494 <a href="http://www.bluishcoder.co.nz/bitcoin-pool/">BitCoin Pool</a>
495 if this sounds interesting. I have not had time to try to set up a
496 machine to participate there yet, but have seen that running on ones
497 own for a few days have not yield any BitCoins througth mining
498 yet.</p>
499
500 <p>Update 2010-12-15: Found an <a
501 href="http://inertia.posterous.com/reply-to-the-underground-economist-why-bitcoi">interesting
502 criticism</a> of bitcoin. Not quite sure how valid it is, but thought
503 it was interesting to read. The arguments presented seem to be
504 equally valid for gold, which was used as a currency for many years.</p>
505
506 </div>
507 <div class="tags">
508
509
510 Tags: <a href="http://people.skolelinux.org/pere/blog/tags/bitcoin">bitcoin</a>, <a href="http://people.skolelinux.org/pere/blog/tags/debian">debian</a>, <a href="http://people.skolelinux.org/pere/blog/tags/english">english</a>, <a href="http://people.skolelinux.org/pere/blog/tags/personvern">personvern</a>, <a href="http://people.skolelinux.org/pere/blog/tags/sikkerhet">sikkerhet</a>.
511
512
513 </div>
514 </div>
515 <div class="padding"></div>
516
517 <div class="entry">
518 <div class="title">
519 <a href="http://people.skolelinux.org/pere/blog/Now_accepting_bitcoins___anonymous_and_distributed_p2p_crypto_money.html">Now accepting bitcoins - anonymous and distributed p2p crypto-money</a>
520 </div>
521 <div class="date">
522 10th December 2010
523 </div>
524 <div class="body">
525 <p>With this weeks lawless
526 <a href="http://www.salon.com/news/opinion/glenn_greenwald/2010/12/06/wikileaks/index.html">governmental
527 attacks</a> on Wikileak and
528 <a href="http://www.salon.com/technology/dan_gillmor/2010/12/06/war_on_speech">free
529 speech</a>, it has become obvious that PayPal, visa and mastercard can
530 not be trusted to handle money transactions.
531 A blog post from
532 <a href="http://webmink.com/2010/12/06/now-accepting-bitcoin/">Simon
533 Phipps on bitcoin</a> reminded me about a project that a friend of
534 mine mentioned earlier. I decided to follow Simon's example, and get
535 involved with <a href="http://www.bitcoin.org/">BitCoin</a>. I got
536 some help from my friend to get it all running, and he even handed me
537 some bitcoins to get started. I even donated a few bitcoins to Simon
538 for helping me remember BitCoin.</p>
539
540 <p>So, what is bitcoins, you probably wonder? It is a digital
541 crypto-currency, decentralised and handled using peer-to-peer
542 networks. It allows anonymous transactions and prohibits central
543 control over the transactions, making it impossible for governments
544 and companies alike to block donations and other transactions. The
545 source is free software, and while the key dependency wxWidgets 2.9
546 for the graphical user interface is missing in Debian, the command
547 line client builds just fine. Hopefully Jonas
548 <a href="http://bugs.debian.org/578157">will get the package into
549 Debian</a> soon.</p>
550
551 <p>Bitcoins can be converted to other currencies, like USD and EUR.
552 There are <a href="http://www.bitcoin.org/trade">companies accepting
553 bitcoins</a> when selling services and goods, and there are even
554 currency "stock" markets where the exchange rate is decided. There
555 are not many users so far, but the concept seems promising. If you
556 want to get started and lack a friend with any bitcoins to spare,
557 you can even get
558 <a href="https://freebitcoins.appspot.com/">some for free</a> (0.05
559 bitcoin at the time of writing). Use
560 <a href="http://www.bitcoinwatch.com/">BitcoinWatch</a> to keep an eye
561 on the current exchange rates.</p>
562
563 <p>As an experiment, I have decided to set up bitcoind on one of my
564 machines. If you want to support my activity, please send Bitcoin
565 donations to the address
566 <b>15oWEoG9dUPovwmUL9KWAnYRtNJEkP1u1b</b>. Thank you!</p>
567
568 </div>
569 <div class="tags">
570
571
572 Tags: <a href="http://people.skolelinux.org/pere/blog/tags/bitcoin">bitcoin</a>, <a href="http://people.skolelinux.org/pere/blog/tags/debian">debian</a>, <a href="http://people.skolelinux.org/pere/blog/tags/english">english</a>, <a href="http://people.skolelinux.org/pere/blog/tags/personvern">personvern</a>, <a href="http://people.skolelinux.org/pere/blog/tags/sikkerhet">sikkerhet</a>.
573
574
575 </div>
576 </div>
577 <div class="padding"></div>
578
579 <p style="text-align: right;"><a href="bitcoin.rss"><img src="http://people.skolelinux.org/pere/blog/xml.gif" alt="RSS Feed" width="36" height="14" /></a></p>
580 <div id="sidebar">
581
582
583
584 <h2>Archive</h2>
585 <ul>
586
587 <li>2015
588 <ul>
589
590 <li><a href="http://people.skolelinux.org/pere/blog/archive/2015/01/">January (7)</a></li>
591
592 <li><a href="http://people.skolelinux.org/pere/blog/archive/2015/02/">February (6)</a></li>
593
594 <li><a href="http://people.skolelinux.org/pere/blog/archive/2015/03/">March (1)</a></li>
595
596 <li><a href="http://people.skolelinux.org/pere/blog/archive/2015/04/">April (4)</a></li>
597
598 <li><a href="http://people.skolelinux.org/pere/blog/archive/2015/05/">May (3)</a></li>
599
600 <li><a href="http://people.skolelinux.org/pere/blog/archive/2015/06/">June (4)</a></li>
601
602 <li><a href="http://people.skolelinux.org/pere/blog/archive/2015/07/">July (3)</a></li>
603
604 </ul></li>
605
606 <li>2014
607 <ul>
608
609 <li><a href="http://people.skolelinux.org/pere/blog/archive/2014/01/">January (2)</a></li>
610
611 <li><a href="http://people.skolelinux.org/pere/blog/archive/2014/02/">February (3)</a></li>
612
613 <li><a href="http://people.skolelinux.org/pere/blog/archive/2014/03/">March (8)</a></li>
614
615 <li><a href="http://people.skolelinux.org/pere/blog/archive/2014/04/">April (7)</a></li>
616
617 <li><a href="http://people.skolelinux.org/pere/blog/archive/2014/05/">May (1)</a></li>
618
619 <li><a href="http://people.skolelinux.org/pere/blog/archive/2014/06/">June (2)</a></li>
620
621 <li><a href="http://people.skolelinux.org/pere/blog/archive/2014/07/">July (2)</a></li>
622
623 <li><a href="http://people.skolelinux.org/pere/blog/archive/2014/08/">August (2)</a></li>
624
625 <li><a href="http://people.skolelinux.org/pere/blog/archive/2014/09/">September (5)</a></li>
626
627 <li><a href="http://people.skolelinux.org/pere/blog/archive/2014/10/">October (6)</a></li>
628
629 <li><a href="http://people.skolelinux.org/pere/blog/archive/2014/11/">November (3)</a></li>
630
631 <li><a href="http://people.skolelinux.org/pere/blog/archive/2014/12/">December (5)</a></li>
632
633 </ul></li>
634
635 <li>2013
636 <ul>
637
638 <li><a href="http://people.skolelinux.org/pere/blog/archive/2013/01/">January (11)</a></li>
639
640 <li><a href="http://people.skolelinux.org/pere/blog/archive/2013/02/">February (9)</a></li>
641
642 <li><a href="http://people.skolelinux.org/pere/blog/archive/2013/03/">March (9)</a></li>
643
644 <li><a href="http://people.skolelinux.org/pere/blog/archive/2013/04/">April (6)</a></li>
645
646 <li><a href="http://people.skolelinux.org/pere/blog/archive/2013/05/">May (9)</a></li>
647
648 <li><a href="http://people.skolelinux.org/pere/blog/archive/2013/06/">June (10)</a></li>
649
650 <li><a href="http://people.skolelinux.org/pere/blog/archive/2013/07/">July (7)</a></li>
651
652 <li><a href="http://people.skolelinux.org/pere/blog/archive/2013/08/">August (3)</a></li>
653
654 <li><a href="http://people.skolelinux.org/pere/blog/archive/2013/09/">September (5)</a></li>
655
656 <li><a href="http://people.skolelinux.org/pere/blog/archive/2013/10/">October (7)</a></li>
657
658 <li><a href="http://people.skolelinux.org/pere/blog/archive/2013/11/">November (9)</a></li>
659
660 <li><a href="http://people.skolelinux.org/pere/blog/archive/2013/12/">December (3)</a></li>
661
662 </ul></li>
663
664 <li>2012
665 <ul>
666
667 <li><a href="http://people.skolelinux.org/pere/blog/archive/2012/01/">January (7)</a></li>
668
669 <li><a href="http://people.skolelinux.org/pere/blog/archive/2012/02/">February (10)</a></li>
670
671 <li><a href="http://people.skolelinux.org/pere/blog/archive/2012/03/">March (17)</a></li>
672
673 <li><a href="http://people.skolelinux.org/pere/blog/archive/2012/04/">April (12)</a></li>
674
675 <li><a href="http://people.skolelinux.org/pere/blog/archive/2012/05/">May (12)</a></li>
676
677 <li><a href="http://people.skolelinux.org/pere/blog/archive/2012/06/">June (20)</a></li>
678
679 <li><a href="http://people.skolelinux.org/pere/blog/archive/2012/07/">July (17)</a></li>
680
681 <li><a href="http://people.skolelinux.org/pere/blog/archive/2012/08/">August (6)</a></li>
682
683 <li><a href="http://people.skolelinux.org/pere/blog/archive/2012/09/">September (9)</a></li>
684
685 <li><a href="http://people.skolelinux.org/pere/blog/archive/2012/10/">October (17)</a></li>
686
687 <li><a href="http://people.skolelinux.org/pere/blog/archive/2012/11/">November (10)</a></li>
688
689 <li><a href="http://people.skolelinux.org/pere/blog/archive/2012/12/">December (7)</a></li>
690
691 </ul></li>
692
693 <li>2011
694 <ul>
695
696 <li><a href="http://people.skolelinux.org/pere/blog/archive/2011/01/">January (16)</a></li>
697
698 <li><a href="http://people.skolelinux.org/pere/blog/archive/2011/02/">February (6)</a></li>
699
700 <li><a href="http://people.skolelinux.org/pere/blog/archive/2011/03/">March (6)</a></li>
701
702 <li><a href="http://people.skolelinux.org/pere/blog/archive/2011/04/">April (7)</a></li>
703
704 <li><a href="http://people.skolelinux.org/pere/blog/archive/2011/05/">May (3)</a></li>
705
706 <li><a href="http://people.skolelinux.org/pere/blog/archive/2011/06/">June (2)</a></li>
707
708 <li><a href="http://people.skolelinux.org/pere/blog/archive/2011/07/">July (7)</a></li>
709
710 <li><a href="http://people.skolelinux.org/pere/blog/archive/2011/08/">August (6)</a></li>
711
712 <li><a href="http://people.skolelinux.org/pere/blog/archive/2011/09/">September (4)</a></li>
713
714 <li><a href="http://people.skolelinux.org/pere/blog/archive/2011/10/">October (2)</a></li>
715
716 <li><a href="http://people.skolelinux.org/pere/blog/archive/2011/11/">November (3)</a></li>
717
718 <li><a href="http://people.skolelinux.org/pere/blog/archive/2011/12/">December (1)</a></li>
719
720 </ul></li>
721
722 <li>2010
723 <ul>
724
725 <li><a href="http://people.skolelinux.org/pere/blog/archive/2010/01/">January (2)</a></li>
726
727 <li><a href="http://people.skolelinux.org/pere/blog/archive/2010/02/">February (1)</a></li>
728
729 <li><a href="http://people.skolelinux.org/pere/blog/archive/2010/03/">March (3)</a></li>
730
731 <li><a href="http://people.skolelinux.org/pere/blog/archive/2010/04/">April (3)</a></li>
732
733 <li><a href="http://people.skolelinux.org/pere/blog/archive/2010/05/">May (9)</a></li>
734
735 <li><a href="http://people.skolelinux.org/pere/blog/archive/2010/06/">June (14)</a></li>
736
737 <li><a href="http://people.skolelinux.org/pere/blog/archive/2010/07/">July (12)</a></li>
738
739 <li><a href="http://people.skolelinux.org/pere/blog/archive/2010/08/">August (13)</a></li>
740
741 <li><a href="http://people.skolelinux.org/pere/blog/archive/2010/09/">September (7)</a></li>
742
743 <li><a href="http://people.skolelinux.org/pere/blog/archive/2010/10/">October (9)</a></li>
744
745 <li><a href="http://people.skolelinux.org/pere/blog/archive/2010/11/">November (13)</a></li>
746
747 <li><a href="http://people.skolelinux.org/pere/blog/archive/2010/12/">December (12)</a></li>
748
749 </ul></li>
750
751 <li>2009
752 <ul>
753
754 <li><a href="http://people.skolelinux.org/pere/blog/archive/2009/01/">January (8)</a></li>
755
756 <li><a href="http://people.skolelinux.org/pere/blog/archive/2009/02/">February (8)</a></li>
757
758 <li><a href="http://people.skolelinux.org/pere/blog/archive/2009/03/">March (12)</a></li>
759
760 <li><a href="http://people.skolelinux.org/pere/blog/archive/2009/04/">April (10)</a></li>
761
762 <li><a href="http://people.skolelinux.org/pere/blog/archive/2009/05/">May (9)</a></li>
763
764 <li><a href="http://people.skolelinux.org/pere/blog/archive/2009/06/">June (3)</a></li>
765
766 <li><a href="http://people.skolelinux.org/pere/blog/archive/2009/07/">July (4)</a></li>
767
768 <li><a href="http://people.skolelinux.org/pere/blog/archive/2009/08/">August (3)</a></li>
769
770 <li><a href="http://people.skolelinux.org/pere/blog/archive/2009/09/">September (1)</a></li>
771
772 <li><a href="http://people.skolelinux.org/pere/blog/archive/2009/10/">October (2)</a></li>
773
774 <li><a href="http://people.skolelinux.org/pere/blog/archive/2009/11/">November (3)</a></li>
775
776 <li><a href="http://people.skolelinux.org/pere/blog/archive/2009/12/">December (3)</a></li>
777
778 </ul></li>
779
780 <li>2008
781 <ul>
782
783 <li><a href="http://people.skolelinux.org/pere/blog/archive/2008/11/">November (5)</a></li>
784
785 <li><a href="http://people.skolelinux.org/pere/blog/archive/2008/12/">December (7)</a></li>
786
787 </ul></li>
788
789 </ul>
790
791
792
793 <h2>Tags</h2>
794 <ul>
795
796 <li><a href="http://people.skolelinux.org/pere/blog/tags/3d-printer">3d-printer (13)</a></li>
797
798 <li><a href="http://people.skolelinux.org/pere/blog/tags/amiga">amiga (1)</a></li>
799
800 <li><a href="http://people.skolelinux.org/pere/blog/tags/aros">aros (1)</a></li>
801
802 <li><a href="http://people.skolelinux.org/pere/blog/tags/bankid">bankid (4)</a></li>
803
804 <li><a href="http://people.skolelinux.org/pere/blog/tags/bitcoin">bitcoin (8)</a></li>
805
806 <li><a href="http://people.skolelinux.org/pere/blog/tags/bootsystem">bootsystem (15)</a></li>
807
808 <li><a href="http://people.skolelinux.org/pere/blog/tags/bsa">bsa (2)</a></li>
809
810 <li><a href="http://people.skolelinux.org/pere/blog/tags/chrpath">chrpath (2)</a></li>
811
812 <li><a href="http://people.skolelinux.org/pere/blog/tags/debian">debian (111)</a></li>
813
814 <li><a href="http://people.skolelinux.org/pere/blog/tags/debian edu">debian edu (153)</a></li>
815
816 <li><a href="http://people.skolelinux.org/pere/blog/tags/digistan">digistan (10)</a></li>
817
818 <li><a href="http://people.skolelinux.org/pere/blog/tags/dld">dld (15)</a></li>
819
820 <li><a href="http://people.skolelinux.org/pere/blog/tags/docbook">docbook (13)</a></li>
821
822 <li><a href="http://people.skolelinux.org/pere/blog/tags/drivstoffpriser">drivstoffpriser (4)</a></li>
823
824 <li><a href="http://people.skolelinux.org/pere/blog/tags/english">english (282)</a></li>
825
826 <li><a href="http://people.skolelinux.org/pere/blog/tags/fiksgatami">fiksgatami (23)</a></li>
827
828 <li><a href="http://people.skolelinux.org/pere/blog/tags/fildeling">fildeling (12)</a></li>
829
830 <li><a href="http://people.skolelinux.org/pere/blog/tags/freeculture">freeculture (15)</a></li>
831
832 <li><a href="http://people.skolelinux.org/pere/blog/tags/freedombox">freedombox (9)</a></li>
833
834 <li><a href="http://people.skolelinux.org/pere/blog/tags/frikanalen">frikanalen (16)</a></li>
835
836 <li><a href="http://people.skolelinux.org/pere/blog/tags/h264">h264 (19)</a></li>
837
838 <li><a href="http://people.skolelinux.org/pere/blog/tags/intervju">intervju (42)</a></li>
839
840 <li><a href="http://people.skolelinux.org/pere/blog/tags/isenkram">isenkram (10)</a></li>
841
842 <li><a href="http://people.skolelinux.org/pere/blog/tags/kart">kart (19)</a></li>
843
844 <li><a href="http://people.skolelinux.org/pere/blog/tags/ldap">ldap (9)</a></li>
845
846 <li><a href="http://people.skolelinux.org/pere/blog/tags/lenker">lenker (8)</a></li>
847
848 <li><a href="http://people.skolelinux.org/pere/blog/tags/lsdvd">lsdvd (2)</a></li>
849
850 <li><a href="http://people.skolelinux.org/pere/blog/tags/ltsp">ltsp (1)</a></li>
851
852 <li><a href="http://people.skolelinux.org/pere/blog/tags/mesh network">mesh network (8)</a></li>
853
854 <li><a href="http://people.skolelinux.org/pere/blog/tags/multimedia">multimedia (35)</a></li>
855
856 <li><a href="http://people.skolelinux.org/pere/blog/tags/norsk">norsk (263)</a></li>
857
858 <li><a href="http://people.skolelinux.org/pere/blog/tags/nuug">nuug (176)</a></li>
859
860 <li><a href="http://people.skolelinux.org/pere/blog/tags/offentlig innsyn">offentlig innsyn (18)</a></li>
861
862 <li><a href="http://people.skolelinux.org/pere/blog/tags/open311">open311 (2)</a></li>
863
864 <li><a href="http://people.skolelinux.org/pere/blog/tags/opphavsrett">opphavsrett (52)</a></li>
865
866 <li><a href="http://people.skolelinux.org/pere/blog/tags/personvern">personvern (86)</a></li>
867
868 <li><a href="http://people.skolelinux.org/pere/blog/tags/raid">raid (1)</a></li>
869
870 <li><a href="http://people.skolelinux.org/pere/blog/tags/reactos">reactos (1)</a></li>
871
872 <li><a href="http://people.skolelinux.org/pere/blog/tags/reprap">reprap (11)</a></li>
873
874 <li><a href="http://people.skolelinux.org/pere/blog/tags/rfid">rfid (3)</a></li>
875
876 <li><a href="http://people.skolelinux.org/pere/blog/tags/robot">robot (9)</a></li>
877
878 <li><a href="http://people.skolelinux.org/pere/blog/tags/rss">rss (1)</a></li>
879
880 <li><a href="http://people.skolelinux.org/pere/blog/tags/ruter">ruter (4)</a></li>
881
882 <li><a href="http://people.skolelinux.org/pere/blog/tags/scraperwiki">scraperwiki (2)</a></li>
883
884 <li><a href="http://people.skolelinux.org/pere/blog/tags/sikkerhet">sikkerhet (41)</a></li>
885
886 <li><a href="http://people.skolelinux.org/pere/blog/tags/sitesummary">sitesummary (4)</a></li>
887
888 <li><a href="http://people.skolelinux.org/pere/blog/tags/skepsis">skepsis (4)</a></li>
889
890 <li><a href="http://people.skolelinux.org/pere/blog/tags/standard">standard (47)</a></li>
891
892 <li><a href="http://people.skolelinux.org/pere/blog/tags/stavekontroll">stavekontroll (3)</a></li>
893
894 <li><a href="http://people.skolelinux.org/pere/blog/tags/stortinget">stortinget (9)</a></li>
895
896 <li><a href="http://people.skolelinux.org/pere/blog/tags/surveillance">surveillance (33)</a></li>
897
898 <li><a href="http://people.skolelinux.org/pere/blog/tags/sysadmin">sysadmin (2)</a></li>
899
900 <li><a href="http://people.skolelinux.org/pere/blog/tags/usenix">usenix (2)</a></li>
901
902 <li><a href="http://people.skolelinux.org/pere/blog/tags/valg">valg (8)</a></li>
903
904 <li><a href="http://people.skolelinux.org/pere/blog/tags/video">video (53)</a></li>
905
906 <li><a href="http://people.skolelinux.org/pere/blog/tags/vitenskap">vitenskap (4)</a></li>
907
908 <li><a href="http://people.skolelinux.org/pere/blog/tags/web">web (36)</a></li>
909
910 </ul>
911
912
913 </div>
914 <p style="text-align: right">
915 Created by <a href="http://steve.org.uk/Software/chronicle">Chronicle v4.6</a>
916 </p>
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919 </html>