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Investor Tim Draper Announces He Won Silk Road Bitcoin Auction 115

Posted by Unknown Lamer
from the plans-to-build-moon-fortress dept.
After some speculation yesterday about the winner of the auction for the first block of bitcoins seized from the Silk Road, the winner went ahead and made his identity public. Tim Draper has won the U.S. Marshals bitcoin auction and is partnering with Vaurum to provide bitcoin liquidity in emerging markets. ... Tim offered this in a statement: “Bitcoin frees people from trying to operate in a modern market economy with weak currencies. With the help of Vaurum and this newly purchased bitcoin, we expect to be able to create new services that can provide liquidity and confidence to markets that have been hamstrung by weak currencies. Of course, no one is totally secure in holding their own country’s currency. We want to enable people to hold and trade bitcoin to secure themselves against weakening currencies.”

Comment: Re:If nothing else..... (Score 0) 1061

by deesine (#42310159) Attached to: Anonymous Hacks Westboro Baptist Church

How exactly would you "dis-allow" this sort of free speech? Can it never be voiced in open, down the street, in another city, even on a website?

I swear, if you big hearted and overly sensitive types ever form a majority on the Supreme Court, we're all screwed. Please tell us you're just 17 years old and are still exploring and developing your sense of morality and justice?!

Comment: Re:Oh - FRACKING (Score 3, Informative) 259

by deesine (#41542675) Attached to: Earthquakes Correlated With Texan Fracking Sites

The other possible causes are faults.

You seem not to have read the last sentence of the abstract. Allow me: "Testing this hypothesis would require identifying geographic regions where there is interpreted subsurface structure information available to determine whether there are faults near seismically active and seismically quiescent injection wells. "

Comment: Can I have a Jelly Bean? (Score 0) 513

by deesine (#41426021) Attached to: iOS 6 Adoption Tops 25% After Just 48 Hours

One data point: VZ Galaxy Nexus reports my "system is currently up to date" as of right now. That is, I'm running 4.0.4.

This makes me...what's the word...anxious. Because every time I read something about JB, I grab my Nexus and look. Shrug. I love my phone. Wouldn't switch it for an iPhone if you gave me one.

(I did switch desktops a couple months ago, because someone actually did offer to buy me a mac pro if I would quit using my windows box.)

Comment: Re:Not too sure on this (Score 1) 345

I'm not too sure either.

I can't help but think of the time I was in Vegas at a blackjack table. The gal next to me was asking the dealer what this "Insurance" thing was written on the table. He answered, "Well, if it's advertised on the table, by the casino, do you think it's good for you, or good for them?"


Real programmers don't write in BASIC. Actually, no programmers write in BASIC after reaching puberty.