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Bitcoins, surveillance, and the social graph

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Uploaded by on Jun 5, 2011

Part 3 of Jesse Hirsh's interview with Ken Chase regarding the rise of bitcoins, the ability to track bitcoin transactions, and their possible integration into emerging social graphs

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  • So, if a billionaire invested in the computing resources necessary, they could corner the bitcoin market?

  • @TekkGnostic that's right now. soon video cards wont be profitable, unless new ones come out that are faster for the power use (and current trends are that new cards are worse at bit coin mining than older ones, but who knows if AMD and Nvidia will respond to the desires of the bitcoin market to make a buck :)

  • excellent video. only shame is the vast majourity of people aren't going to realize the significance till until much later.... just like the comment near the start of the video...

    so anyone reading this video, before there's too many comments to flood this one out... investing in bitcoin can still be proftiable, if you have a decent video-card.

  • look up whitepixiel optimized 8 GPU 5970's 33G/HASH over $1000 USD per DAY from a $2500 computer

  • Ahh....here it is...tried it last night. Wow! Just wow! A lot of work. Watched vids and mining vids, people are going crazy with this thing.

    Then I gave up. lol.

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