02 Oct '12, 7am

Bitcoin Non-Technical FAQ

Unlike Visa, MasterCard and PayPal, all bitcoin transactions are final and cannot be reversed. Chargeback thus can be performed based on a good will of the seller. On the other hand, Bitcoin transactions do not just express transfer of funds, but may also express complex contractual agreements. For instance, one may create a transaction between a seller, a buyer and a mediator. If seller and buyer agree on a transaction, mediator cannot cancel it. But if there is a conflict, then mediator may side with either buyer or seller to decide who receives the money. This way Bitcoin provides a much stronger protection against fraud without a requirement to trust mediator. This idea may be extended to a larger amount of participants to facilitate collective fund raising or insurance.

Full article: http://blog.oleganza.com/post/32725987418/bitcoin-non-tec...

Tweets

Hacker News: Discussion on #Bitcoin Non-Technic...

news.ycombinator.com 02 Oct '12, 12pm

>No production curve can ever be "fair". If you imagine that one day every living person has equal amount of bitcoins, the...

Bitcoin (2012-11-06 18:30:00)

metalab.at 02 Oct '12, 2pm

Wiki About Location Sponsoren Impressum English geschlossen offen Sensor down Login Tue 06.11.2012 18:30 - 23:55 Bitcoin |...

BitCoin Legal Issues #bitcoin

bitcointalk.org 30 Sep '12, 11pm

Hello everyone. I am a law student in the United States, and I work on my school's Law Review, which is an academic legal ...

กลุ่มบริษัทการเงิน BitCoin ตั้ง BitCoin Foundation

meconomics.net 01 Oct '12, 6am

» กลุ่มบริษัทการเงิน BitCoin ตั้ง BitCoin Foundation

Bitcoin and some interesting facts: Still havin...

bitcoinmalaysia.com 01 Oct '12, 3am

Still having doubts about Bitcoins and Bitcoin mining? I’ve been reading a little about Bitcoin lately. I installed the so...

Bitcoin Usage for Political Donations Expands t...

bitcoinmagazine.net 03 Oct '12, 9am

and developer of the custom system which Hansen uses to accept donations, intends for Bitcoin to go even further. He belie...

[DETAILS + FAQ] Skarf's visit to Singapore

[DETAILS + FAQ] Skarf's visit to Singapore

skarfintl.tumblr.com 30 Sep '12, 2am

: For Tasha, strawberry milk, joke items (for pranking other people), magic items, little portable handy games (like 4-in-...

Bitcoin Foundation Promises to Protect and Prom...

news.softpedia.com 29 Sep '12, 9am

In the past months, the digital currency known as Bitcoin has encountered a lot of issues, many of them caused by botnets,...

BitCoin Gets a Futures Market

news.slashdot.org 30 Sep '12, 11pm

"There is one more way to use your BitCoins rather than buying weed or socks . Recently, a Bitcoin Exchange called ICBIT q...

Bitcoin: The Political Virtual of an Intangible...

Utrecht University, New Media and Digital Culture, MA Thesis August 2012 Bitcoin: the Political Virtual of an Intangible M...

#PM2012 Idea #3 ••• Withdraw it ••• [ ][ ] Video: cc: #Anonymous #bitcoin

#PM2012 Idea #3 ••• Withdraw it ••• [ ][ ] Vide...

blog.bitcoinwatch.com 14 Oct '12, 10pm

This is to provide a bitcoin charts and bitcoin technical analysis update. While Bitcoin prices have not closed sustain-ab...

Bitcoin GitHub History Visualized: #bitcoin

youtube.com 03 Oct '12, 7pm

I used the open-source version control visualization software Gource (http://code.google.com/p/gour<wbr>ce/) to visualize ...

Bitcoin autosurf traffic exchange with 45-sec t...

bitcoinsurf.in 29 Sep '12, 8pm

Bitcoinsurf.in is an autosurf traffic exchange for bitcoin related websites, but also other sites are welcome. Our new mem...

When I'm owning hard a Bitcoin Exchange - By albatr

When I'm owning hard a Bitcoin Exchange - By al...

Infosec Reactions When I’m owning hard a Bitcoin Exchange By albatr 09/30/12 Tweet Accent theme by Handsome Code ←Previous...

the usual suspects... for the inventor of the bitcoin

the usual suspects... for the inventor of the b...

theatlanticwire.com 29 Sep '12, 10pm

Everyone knows who founded Bitcoin but nobody knows who he is. Satoshi Nakamoto invented the virtual currency. He wrote a ...