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Old 04-27-2011, 01:03 AM  
Emil
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Join Date: Feb 2007
Location: Sweden
Posts: 5,623
Quote:
Originally Posted by cam_girls View Post
If you think the world is going to go around to the tune of BitCoin.org you are nuts!

the BitCoin dude posting here said himself other contenders will join in the mining/p2p in years to come and dilute the pool.

I've got it all worked out! I'm already in negotiations for CHARGECARD.com so getting a VISA card to withdraw your money is all sorted.

The hard bit is buying eGold.com off Rick Schwartz, he sells StupidDomain.net for $1,000,000 these days so it won't be cheap.

Here is a HomePage draft I wrote for eGold after reading about bitcoin!

eGold won't be peer to peer but I might do a 1 year mining intro phase - with a maximum mining permit of 10 PC CPUs worth per account, 1 mining permit per credit card authorisation... but you won't have to mine for weeks for 1 bitcoin! every 5 seconds you earn 1 eGold coin!


-------------eGOLD-------------

eGold is a digital signature token system for passing tokens to each other.

eGold is not legal tender in any country.

Exchanging eGold for a country's legal currency is outside the
scope and juristiction of eGold.com website.

eGold is a free public service for information token tracking only.

eGold transactions are non-refundable, non-reversible and any losses due
to transferring eGold tokens are not the responsibility of eGold.com or
it's employees.

eGold.com does not hold any eGold, except during an automated escrow transaction
until both parties agree to transfer the eGold, or 1 party decides to cancel
the escrow and the eGold is returned.

eGold is mined like real gold with a mining permit to verified members.

The amount of eGold in circulation is always increasing but at a slower
and slower rate, mining permits prevent single users from mining too
much eGold per day.

1 eGold coin looks like this:
0000000001000000000132445344546435354566767834423
|<-----------------------eGold digit string------------------------>|


To forge an eGold coin is mathematically equivalent to picking 1 atom out of the entire Universe of atoms!

eGold.com is mirrored at eGold1.com eGold2.com eGold3.com eGold4.com eGold5.com eGold6.com eGold7.com eGold8.com eGold9.com eGold0.com
hosted in 10 different countries! Only 1 site needs to be online to transfer eGold.

There is no software to install, and no registration is required, if you can send someone a 100 digit number you can send eGold!

So you think it's better if it was more easy to generate bitcoin? Dont you realize that it would just cause inflation? In the beginning of Bitcoin it was more easy to generate Bitcoins, it will get harder and harder so the supply of new bitcoin keeps stable.

The guy posting here was not the creator of Bitcoin, he was the creator of a bitcoin-service.

The main thing with bitcoin is that it would be very hard to close it down for the goverment or anyone else. It doesn't matter if the website bitcoin.org goes down, the network will stay up. It doesn't matter how many domains you would put up, it can easily be taken down.

Also with Bitcoin: no one can close down your account, no papers need to be signed, you can be anonymous.
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