Well written analogy of cryptocurrencies, it might help to mention all the other hundreds of new cryptocurrencies that follow the same or similar model, LTC, PPC, DOGE, VERT, XPM, etc.
The issue with BTC now is not if it is a Ponzi scheme, if it is then so is USD, EURO! Etc.
Banks (central especially) are very worried about BTC. This is the next phase, which I like to call "then they fight you".
Banks are refusing to do transfers to exchanges, citing fraud (absurd as exchanges have stronger AML/KYC policies than banks), central banks are creating or trying to block new sites, creating new laws banning purchasing cryptocurrency. The theory is that if you can stop the fiat leaking out, you can kill its apparent trade value.
I say as long as 1 person can use the network to send the minimum transaction amount, the network will survive.
As they say in DOGEland; 1 DOGE = 1 DOGE. As long as this is true, DOGECOIN will have value.
The problem is that while overdraft is very profitable for the bank; you acquire a legal liability to pay back that debt.
Overdraft cannot be offered in a non fractional exchange and the exchange can't find you if you take more than your balance. Money leaving the exchange must be reconciled with holdings or they are insolvent.
What we may see is blockchain denoted exchange holdings; your exchange wallet is unique and publically verifiable (only the exchange holds the keys). You could verify with balance with the address and all trades are performed on blockchain. Bitcoin would be inappropriate for this with its long confirm times but a newer faster scrypt or primecoin variant might do it. Exciting times!
Not quite.
iphone enforces sig verification on write to the flash.
A modern iPhone does not allow arbitrary base flash images to be written. Modern Jailbreak relies on kernel and user mode exploitation.
Server auth bypass on SecureTransport TLS cannot lead to RCE via trojanized updates.
This is exactly how the transaction balance is encoded, as integer multiples of satoshi's (the basic unit of bitcoin, 0.00000001 BTC. All known cryptocurrencies do this to prevent float/double rounding errors.
Ok, I've never opted in to has hangouts. Every example of the tick box i could find in images had a hangouts option. I understand if it is not related but it was worth mentioning.
It was not my phone, it was a friends who had started from a fresh android 4.4 install. There was no google contact sync. Even if the contact sync was in place, it would be unlikely that the other party would have used my 5 year old YouTube avatar and populated it with both my email and phone number and full name. If my contact on his google side was populated from my gmail; as I have emailed the other party before, it shouldn't contain my phone number either - unless google matched it and shared.
Something went wrong. I think my account is an edge case and I was opted into a service (you are dickheads. Opt out is always evil.) and because I had not consumed enough other services my account was not given the option to opt out.
Point remains, google matched my recovery number with my profile, which they said they wouldn't. I can't see any other explanation.
Blank android 4.4 phone. 0 contacts. Not my phone.
Not possible to get it anywhere but google. It even had a YouTube avatar I have not used for 5 years or so. It was from there.
A) my claim is accurate. I was told it was used for account recovery. It is clearly been used to correlate with a google profile. This was opt-out and I didn't actually catch it in nov 2013 when the tech media had a cry about it.
Their support article you gave mentioned is a lie, they are clearly using recovery numbers to populate their bullshit caller ID system.
B) the option is NOT there if you do not have a google plus account. Do you need me to screenshot it?
If you see the word "hangout" near the mobile number you have google plus account. I had one option, remove recovery number. There was no opt-out "help others find me" tick. Didn't exist. I have no "hangout" settings. Somehow my google account must be in some kind of limbo where I'm not actually using other google services.
Your only option was to purge the number from account recovery, which I have done. My name and "YouTube" picture still appear on android handsets without an explicit contact. It's probably cached like that iPhone to android iMessage case recently.
Right now I'm pretty over google. I just learned today that they went back on their word that my cell phone number would only be used for account recovery; and against my wishes started using it so any android handsets could find my email and real name should they care to cross reference against my number. I watched as a blank android handset pull my personal information when I dialed it.
Then they didn't give me an opportunity to opt out, because you can only opt out if you have a google plus account.
The option to hide the number does not appear.
No. Google doesn't win everything, they lost the battle when they got loose with our personal data.
They were always an advertising company, rotten and corrupt to its core.
I don't care if they have a million billion talented staff and all the money in the world. They are ethically bankrupt and their rein will end like all other great tyrants in the past. Screw you google.
As they say in DOGEland; 1 DOGE = 1 DOGE. As long as this is true, DOGECOIN will have value.