SODaniel's comments

SODaniel | 12 years ago | on: Two Providers of Secure E-Mail Shut Down

Lavabit was a much more "under the radar" provider. Silent circle has gained huge traction since they started and provide secure Phone, SMS and mail services. They may not be "equal" but silent circle is certainly more of a high profile target.

SODaniel | 12 years ago | on: Prism Break

Spideroak.com - online backup and sync with zero-knowledge client side encryption should be represented in cloud services in my opinion, though since we are not yet 100% open source I understand the arguments against it.

We are however very close to opening nimbus.io and crypton.io open-source secure and private storage APIs based on our storage infrastructure.

SODaniel | 13 years ago | on: Yahoo looking to acquire Tumblr?

I am thoroughly unimpressed by Marissa Mayer at this point. Yahoo is doing nothing but keeping up their 'trend' of buying too early or too late.

Tumblr while a great asset is going to be FAR to expensive to pay off for Yahoo at this point, and a lot of the junior assets they have purchased have no or little direction.

In my opinion Yahoo is on a quick slide towards 'AOL territory' where they have to slim down to their 'core' to make any money and will likely suffer innovation starvation until they are almost totally irrelevant.

SODaniel | 13 years ago | on: Mt. Gox Dwolla account frozen by DHS

Simply 100% not true. They freely admitted to committing crimes, and there is overwhelming evidence they routinely broke the law and helped clients do the same. The 'fine' was a joke.

SODaniel | 13 years ago | on: Explosions near Boston Marathon finish line

The Boston Globe ‏@BostonGlobe 34s

BREAKING NEWS: Police getting multiple reports of unexploded devices around Boston

3.38 pm Central time.

Update:

The Boston Globe ‏@BostonGlobe 28s

RT @billy_baker: "It's not safe to be here." - Boston Police evacuating Commonwealth Avenue mall at Gloucester.

3.45 Central time.

Update:

The Boston Globe ‏@BostonGlobe 1m

Boston Police: If anyone knows of any information call about explosions: 1 800 494 TIPS

3.55 Central time.

Holy crap! UPDATE:

Apparently cellphone service is SHUT DOWN! To make sure new devices are not remotely detonated!

http://bigstory.ap.org/article/official-cellphone-service-sh...

4.10 PM Central Time!

SODaniel | 13 years ago | on: Amazon Coins Launching

A HUGE reason for Amazon is to build their own transaction network with control over fee structure, security and implementation.

SODaniel | 13 years ago | on: Bitcoin falls from $266

Yeah but you need to perform the sales with matching funds on both trading platforms. Selling here and transferring BTC/USD to another trading platform is not the method due to the swings and time for verification.

SODaniel | 13 years ago | on: Bitcoin down 60% to $100

Yeah, NO ONE saw this coming :) Of course DDOS attacks, split market places and a gains of 100% per week for a few months are going to require hard falls.

SODaniel | 13 years ago | on: Bitcoin Is Fundamentally Flawed

While I agree to an extent, the current $2 billion market cap is far to small to compare with. When/if BTC reaches around $5,000 each ($50 billion or so market cap) I will agree.

SODaniel | 13 years ago | on: Bitcoin Is Fundamentally Flawed

Nope. Since no one can ever satisfactory answer the question of the 'real' amount of BTC in circulation, this will only serve as a factor of uncertainty. Lost bitcoins affect nothing, FOUND bitcoins can affect everything.

SODaniel | 13 years ago | on: Bitcoin Is Fundamentally Flawed

Nope. That's the problem. LOST bitcoin (as you cannot quantify the availability of anonymous data blocks) wouldn't effect anything. ONLY FOUND bitcoins would.

SODaniel | 13 years ago | on: Bitcoin Is Fundamentally Flawed

I think the 'point' here is that as opposed to chests with 100.000.000KG of gold there are actually 'lost' wallet files with enough BTC that it would 'rock' an economy with a currency cap in the future.

I am pretty sure if someone found a stash of gold worth $400.000.000.000 that WOULD actually effect gold prices. Also: Gold has 'real life' uses (production of components etc) and real world costs etc. attached to handling (weight, transport costs etc). None of which BTC has.

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