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Path: /onchainkit/latest/getting-started/overview
From dtrammell@dustintrammell.com Thu Jan 15 19:14:27 2009
Subject: Re: Bitcoin v0.1 released
From: "Dustin D. Trammell"
To: satoshi@vistomail.com
In-Reply-To:
References:
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On Fri, 2009-01-16 at 03:10 +0800, Satoshi Nakamoto wrote:
> There's at least one node who's inbound IP keeps changing all the
> time within the same class B. Maybe every time the program is
> run. I wasn't expecting that.

Pretty sure that's not me. My BitCoin application at work should be
coming from our static NAT address and my connection at home has had the
IP that I gave you for at least 3 days now (that I've been transferring
coins between them for test purposes).

> Do you mind if I CC the rest of this to bitcoin-list or
> Cryptography?

Sure, no problem.

> BTW, bitcoin-list is:
> bitcoin-list@lists.sourceforge.net
> Subscribe/unsubscribe page:
> http://lists.sourceforge.net/mailman/listinfo/bitcoin-list
> Archives:
> http://sourceforge.net/mailarchive/forum.php?forum_name=3Dbitcoin-list

I'll join right now, thanks (:

> Hal sort of alluded to the possibility that it could be seen as a
> long-odds investment. I would be surprised if 10 years from now
> we're not using electronic currency in some way, now that we know
> a way to do it that won't inevitably get dumbed down when the TTP
> gets cold feet.

Yes, I saw that message and was one of the other reasons I started up a
node so quickly. My systems aren't doing much of anything else while
idle, so why not create BitCoins? And if they're worth something
someday...? Bonus!

> Even if it doesn't take off straight away, it's now available for
> use by the next guy who comes up with a plan that needs some kind
> of token or electronic currency. It could get started in a closed
> system or narrow niche like reward points, donation tokens,
> currency for a game or micropayments for adult sites. Once it
> gets bootstrapped, there are so many applications if you could
> effortlessly pay a few cents to a website as easily as dropping
> coins in a vending machine.=20

I can see how various types of sites that have a need for micropayments
could use them, however I also see an impedement to adoption if they
want to use an existing BitCoin peer group rather than a closed system
since they would first have to generate enough coins to support what
they intend to do (or buy them from someone else). A closed system
obviously doesn't have that problem.

> It can already be used for pay-to-send e-mail. The send dialog is
> resizeable and you can enter as long of a message as you like.
> It's sent directly when it connects. The recipient doubleclicks
> on the transaction to see the full message. If someone famous is
> getting more e-mail than they can read, but would still like to
> have a way for fans to contact them, they could set up Bitcoin and
> give out the IP address on their website. "Send X bitcoins to my
> priority hotline at this IP and I'll read the message personally."

Interesting application (:

> Subscription sites that need some extra proof-of-work for their
> free trial so it doesn't cannibalize subscriptions could charge
> bitcoins for the trial.

Another good idea.

--=20
Dustin D. Trammell
dtrammell@dustintrammell.com
http://www.dustintrammell.com

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