Freenet now supports donations in bitcoin

Matthew Toseland <toad-EI5O+8PHWbJeeLb3ft/[email protected]> Wed, 23 Feb 2011 02:16:54 +0000
Newsgroups gmane.network.freenet.devel,gmane.network.freenet.general
Message-ID <[email protected]>
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See our web interface, or send BTC to:
1966U1pjj15tLxPXZ19U48c99EJDkdXeqb

I have signed this message so you can hopefully trust the value above.

Bitcoin is a distributed digital cash system. I will blog about this shortl=
y, it's a fascinating system which has a number of issues.=20

One interesting property is that bitcoin is transparent: You can see what c=
omes in to it:
http://blockexplorer.com/address/1966U1pjj15tLxPXZ19U48c99EJDkdXeqb

Obviously this is anti-anonymity! Bitcoin is not anonymous as-is but can be=
 used in ways that are somewhat anonymous and it is likely that systems wil=
l be built on top of it that have strong anonymity. It can be accessed thro=
ugh Tor and there are people working on a Freenet transport.

It's not an especially efficient way to give us money at the moment however=
=2E If you have a large or regular donation we can arrange a bank wire. Pay=
pal and google aren't especially efficient but are more so than bitcoin, at=
 least in small quantity.

Also it is deflationary. I expect eventually there will declines, so we exp=
ect to avoid holding onto BTC long-term, although there is an argument to h=
old on until we have a moderate amount because withdrawing funds is signifi=
cantly more efficient and safer in largish quantities (e.g. >$800).

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