Thanks for the compliment!Thanks for being one of the earliest, longest lasting, and most trustworthy businesses in the history of Bitcoin so far.
Can you give us any additional hints on your " very interesting stealth project in the works"?
Yes, you have it right so far.Hey there, I'm the proud owner of two of the auction coins from the second round of auctions
I chose the multi sig version with the A* serial numbers
As far as I know this is the first "trustless coin" . That means I don't have to trust you because you only have one of the private keys, and if I ever want to trade the coin to someone else they don't have to trust me because even though I have a private key, I don't have the one on the coin under the tamper proof covering. Do I have that right so far? I feel these may be collectcible someday.
There have been 2-factor coins for a while now, so that idea is not new. But we decided to create a multisig coin because multisig is simply better. It allows us to assemble the coins in advance and create the multisig addresses later, which is easier for logistics. With 2-factor coins you can't do that.who's idea was it for the trustless coin? I think it is pretty clever. The only downside is that I have to store two valuable things instead of one (a coin and a private key) but I feel that I could probably replicate the private key several times and store it in different places.
I don't see why not. Setting up full nodes is usually a good idea. But I would recommend using a Raspberry Pi 2 to set up a full node as it can be a bit of a struggle with the basic Rasp. I run a full node myself as well, by the way. I use a desktop PC with a SSD drive to do that, but anyways.Hi, do you think it is a good idea to set up a raspberry pi full node to support the network?
Hello!Hello-
Has there been any development is the shipping of the coins and them coming loose from the certificates?
Of course it is possible. The Bitcoin industry employs a growing amount of people. But Bitcoin companies require very special expertise, so unless you have the right qualifications, it can be difficult.Do you think it is possible to get a paid salary in a Bitcoin job? I currently work without salary.
Thanks for the compliment!how do you store your Bitcoins? I guess you also use some of your coins which are very nice
This is another excellent question and difficult to answer quickly. I think the main issue is priorities. Some people think we should prioritize maximizing the decentralization of the Bitcoin network over all other things even if it means the other things degrade significantly. I think that is the kind of "puritanistic" view we should avoid.What do you think about the blocksize issue?
Having met or read about a few people in the bitcoin community, I have come to think it's a very relevant question and you can better weight their opinions having an idea of how many Bitcoins they hold (or do not hold.)"Never ask anyone for their opinion [...] Just ask them what they have -or don't have- in their portfolio"
Good question! I also agree that this affects how a person's opinions on Bitcoin should be weighed.Which percentage of your net worth and/or liquid assets do you hold in Bitcoins ?
Based on everything I've read so far, it seems that the connection between ISIS and Bitcoin has been greatly overestimated. There seems to be little or no evidence of this even though blockchain allows such transparency that evidence should be forthcoming if this was happening. Also, Ghost Security Group has countered this rumor themselves, although I'm still waiting for them to publish an official tweet about it.1. Any thoughts on "EU tightening control on virtual currencies" news/rumor as published by Reuters?
I don't really know much about this other than in regard to what is going on in Finland. There have been some talks here with different authorities regarding Bitcoin, almost all relevant authorities in Finland are nowadays well aware of Bitcoin and how it works. But as the policy makers go, there is a clear lack of knowledge on this topic. In fact we've been trying to figure out how to get to talk to the policy makers so that we can hopefully steer Bitcoin regulation in a saner direction.2. Do you think that Bitcoin businesses in the EU and/or Finland have channels in place to educate policy makers about Bitcoin?
Our new Pikaosto-service (quick buy) is something we are planning to expand abroad under an international brand. It is a super fast method of buying bitcoins and it has little or no KYC / Onboarding involved. It is only suitable for small amounts due to fraud concerns and other issues but with that service we can allow small purchases with little or no friction. We hope that we can provide that kind of service in other countries soon as well, at least for small amounts.I hope that one day you are able to expand Bittiraha.fi so that all EU citizens can buy bitcoins as easily as Finns do now.
Thanks for such a thorough answer and great services you provide.It is not enough that the different authorities know about Bitcoin, it is the policy makers that make the rules that the authorities must follow. So I think that there is a huge need to educate policy makers in Finland and in the whole EU - and as fast as possible. Because when bad regulation is already in place, it is very difficult to change that afterwards.
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