A blog from the team at archive. 1 from the amount you want to covert as a conversion fee to cover loss or mistakes. 100 maybe converting bitcoin to cash of using coinbase.
Make sure it has enough coins, please email me if not. Please leave this page visible after you finish. This entry was posted in Announcements. You should bring this setup to Bitcoin Conf 2013!
Call me a pessimist but I know humans. This will work the first week just fine. But I wonder which will disappear first. I guess I would take a bet on that, being more optomistic. How about a 5 bitcoin cent bet that the cashbox will not be substantially swiped in the next couple of months. It won’t be swiped inside the Internet Archive’s offices most probably, but in the real world, it wouldn’t last a minute!
I know of one hacker space that is setting one up. But it seems that one of the premises of bitcoin is that it can withstand attack, and therefore there is some sport around finding flaws in it. This is helping make the system more robust in its early stages. Those I talk to know it is a bit experiment.
This also works fine in the majority of the cases. I think you’re seriously underestimating the trustworthiness of people. Trust is easy to lose, and hard to gain. Bitcoin is designed to work in a no-trust environment, which is helpful, but boy I don’t want to live that way.
The problem is that it only takes one bad egg to ruin it for everyone. I live in the countryside and every other farm has an honesty box outside where you can help yourself to goods and leave the cash in a box. Quadrillions of worthlessness and leaving them therefore to utterly fail to the benefit of all mankind. I really didn’t think it worthless to be earning an allowance by delivering newspapers at 6am as a kid! The fiat demons of the bank of the Centre wither when exposed to holy silver, just as OBAMA’s devils boarded up Fort Knox to prevent righteousness escaping to the masses.
The device in that picture would work incredibly well in New York City. Every subway should have them and they should be scattered throughout the the 5 boroughs. I know this would work well in NYC. You don’t have permission to view this page. Please include your IP address in your email. Bitcoin Cash Price Converter Convert Bitcoin to and from world currencies.