Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Bitcoinpro on May 19, 2013, 01:01:26 PM



Title: Bitcoin to go before Australian Senators this week
Post by: Bitcoinpro on May 19, 2013, 01:01:26 PM
they are being briefed on the position of crypto currencies,

the main position being that crypto currencies will do to the banks what email did to the post office beyond reasonable doubt,


Title: Re: Bitcoin to go before Australian Senators this week
Post by: Birdy on May 19, 2013, 01:05:14 PM
So, if they ban crypto-currencies, they should also ban e-mails.


Title: Re: Bitcoin to go before Australian Senators this week
Post by: Bitcoinpro on May 19, 2013, 01:06:44 PM
"Crypto Currencies will do the banks what email did to the post office and in a much shorter time frame, though fiat cash will remain for the time as the post office has it will continue to handle an ever shrinking proportion of economic activity"


Title: Re: Bitcoin to go before Australian Senators this week
Post by: matthewh3 on May 19, 2013, 01:44:10 PM
Yeah but post office business has increased delivery of small parcels and packages due to more people buying online.  Once/if it becomes profitable for banks to be involved with bitcoin they will.  You forget that banks are in the business of printing money other finance companies that don't have a printing press like PayPal, Western Union and MoneyGram are all showing interest in bitcoin.


Title: Re: Bitcoin to go before Australian Senators this week
Post by: colour on May 19, 2013, 01:50:53 PM
Source, please?


Title: Re: Bitcoin to go before Australian Senators this week
Post by: Bitcoinpro on May 19, 2013, 01:54:04 PM
Yeah but post office business has increased delivery of small parcels and packages due to more people buying online.  Once/if it becomes profitable for banks to be involved with bitcoin they will.  You forget that banks are in the business of printing money other finance companies that don't have a printing press like PayPal, Western Union and MoneyGram are all showing interest in bitcoin.

Post offices have been hit hard you must remember they are government sponsored entities and have been saved from collapse, and the parcel increases you talk about have had the same devastating effect on the local manufacturers and other parcel companies are now in tougher competition with the post offices, so your really just talking about a flow on effect, that offered some mitigation for the post office.

Banks PP WY and MG are all just as vulnerable and will require the same mitigation affect to survive.


Title: Re: Bitcoin to go before Australian Senators this week
Post by: Birdy on May 19, 2013, 01:56:09 PM
Post offices have been hit hard you must remember they are government sponsored entities and have been saved from collapse[...]
Same as banks here in Europe then.


Title: Re: Bitcoin to go before Australian Senators this week
Post by: Bitcoinpro on May 19, 2013, 01:59:13 PM
Source, please?

As the Crypto Currency Central Bank President and Australian Rep, I am briefing them through email, and have been advised they will see it, also added the url of the doco preview,


Title: Re: Bitcoin to go before Australian Senators this week
Post by: Endgame on May 19, 2013, 02:01:51 PM
they are being briefed on the position of crypto currencies,

the main position being that crypto currencies will do to the banks what email did to the post office beyond reasonable doubt,

Interesting if true. Is there a source to back up this statement?


Title: Re: Bitcoin to go before Australian Senators this week
Post by: colour on May 19, 2013, 02:04:45 PM
Source, please?

As the Crypto Currency Central Bank President and Australian Rep, I am briefing them through email, and have been advised they will see it, also added the url of the doco preview,

Ok, I just googled that and found this thread (https://bitcointalk.org/index.php?topic=169438.0).

As you can probably easily tell by looking at my avatar, I am not a smart man, so honest question: Is this a joke?

Edit: Also, there is no url in your posts. Also, I think your comments tend to get cut off somehow, because they end with commas.


Title: Re: Bitcoin to go before Australian Senators this week
Post by: Birdy on May 19, 2013, 02:05:18 PM
I hope you are also briefing them about the advantages.
E-mail certainly did damage the post offices, but it granted way more beneftis than it did damage.


Title: Re: Bitcoin to go before Australian Senators this week
Post by: Bitcoinpro on May 19, 2013, 02:07:30 PM
they are being briefed on the position of crypto currencies,

the main position being that crypto currencies will do to the banks what email did to the post office beyond reasonable doubt,

Interesting if true. Is their a source to back up this statement?

the bitcoin source code is one example



Title: Re: Bitcoin to go before Australian Senators this week
Post by: Bitcoinpro on May 19, 2013, 02:08:59 PM
Source, please?

As the Crypto Currency Central Bank President and Australian Rep, I am briefing them through email, and have been advised they will see it, also added the url of the doco preview,

Ok, I just googled that and found this thread (https://bitcointalk.org/index.php?topic=169438.0).

As you can probably easily tell by looking at my avatar, I am not a smart man, so honest question: Is this a joke?

Edit: Also, there is no url in your posts. Also, I think your comments tend to get cut off somehow, because they end with commas.

its not a joke


Title: Re: Bitcoin to go before Australian Senators this week
Post by: BitHub on May 19, 2013, 03:48:37 PM
who is behind this and why is it being done?


Title: Re: Bitcoin to go before Australian Senators this week
Post by: dexX7 on May 19, 2013, 04:18:52 PM
What is a "Crypto Currency Central Bank"? lol


Title: Re: Bitcoin to go before Australian Senators this week
Post by: BTC Books on May 19, 2013, 04:49:34 PM
they are being briefed on the position of crypto currencies,

the main position being that crypto currencies will do to the banks what email did to the post office beyond reasonable doubt,

Interesting if true. Is their a source to back up this statement?

the bitcoin source code is one example



Why... how delightfully evasive.


Title: Re: Bitcoin to go before Australian Senators this week
Post by: Lethn on May 19, 2013, 05:12:10 PM
who is behind this and why is it being done?

It's another self-appointed leader and entrepreneur of Bitcoin that speaks for all of us, don't worry! We're in good hands :)


Title: Re: Bitcoin to go before Australian Senators this week
Post by: marcus_of_augustus on May 20, 2013, 02:41:53 AM
who is behind this and why is it being done?

It's another self-appointed leader and entrepreneur of Bitcoin that speaks for all of us, don't worry! We're in good hands :)

Yeah, and this guy is a particularly ripe fruit loop from my interactions with him  :D

Unleashing him on australian senators is perfect ... we could have an army of these guys out there sowing mis-information and fallacies surrounding crypto-currencies amongst the state machinery it buys us time and jams up their gears with sand. I see no obligation for anybody to "lobby" or inform the state machinery truthfully, they have spent the last decades keeping us in the dark and feeding us bullshit about just about everything. In fact, we should set up a special PR agency (The Bitcoin Foundation springs to mind) to spew out propaganda and mis-information about crypto-currencies 24/7.