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overtheedge
Membre depuis mai 2012
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Armory and the Monetization of Bitcoin Wallets - Jon Matonis - The Monetary Future

"backing startup Armory Technologies Inc."
"Armory is an open source bitcoin wallet with a strong reputation for security ... "

A start up has a strong reputation for security?

The buzz over Bitcoins just keeps getting piled deeper and deeper. As if there isn't enough funny money variants in the world, we now have one that has questionable origin and ... Bitcoins were not designed out of altruism. Somebody is deriving immense gain out of this and nobody knows who. Does anyone know just what the Bitcoin mining computers are really processing? With distributed processing, almost anything could be computed. Bitcoin miners could be unknowing partners in international crime. Nobody knows ... yet.

All I see is a distributed ETF with no backing, no responsible agency and no provenance in its creation. The proponents tell me, "Just trust the algorithm." I'd sooner trust my first wife, politicians, government economists and polar bears.

There is no such thing as a free lunch. TANSTAAFL

Commenté il y a 3996 jours

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Début de l'article :A group of prominent investors recently made a play in the bitcoin wallet space by backing startup Armory Technologies, Inc. The $600,000 seed round investment will go mostly towards funding and expanding development. Interestingly, this placement brings into focus a much larger issue: the monetization of bitcoin wallets. It’s no mistake that Armory founder and CEO Alan Reiner told CoinDesk: “This first 12 months is more about developing a quality product than it is figuring out how to mone... Lire la suite

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