Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: cbeast on June 02, 2013, 07:37:25 PM



Title: Bitcoin is...
Post by: cbeast on June 02, 2013, 07:37:25 PM
Tell us how you really feel. Don't hold back. This is not a poll, it's catharsis. Be sincere. Be honest. Be brutal. If you don't feel anything really passionate to say, then say nothing and read feel what Bitcoin is to this community.


Title: Re: Bitcoin is...
Post by: mprep on June 02, 2013, 07:39:29 PM
Bitcoin is the idea that brings freedom to the people and me to happiness.


Title: Re: Bitcoin is...
Post by: Jace on June 02, 2013, 07:46:06 PM
Bitcoin is...
...to money as internet and email were to information and communication.



Title: Re: Bitcoin is...
Post by: The Bitcoin Catalog on June 02, 2013, 10:10:28 PM
Bitcoin is monetary freedom


Title: Re: Bitcoin is...
Post by: raze on June 02, 2013, 10:41:13 PM
Bitcoin is going to be a success. Whether it succeeds on its own or through a successor, nobody knows, but it's set the bar higher than anything before it.


Title: Re: Bitcoin is...
Post by: eMansipater on June 02, 2013, 10:46:37 PM
Bitcoin is the most amazing idea, with the most prickly community.  Don't worry, I love you guys!
But sometimes, I shake my head.


Title: Re: Bitcoin is...
Post by: yocko06 on June 02, 2013, 11:47:12 PM
genius!


Title: Re: Bitcoin is...
Post by: No 1 on June 03, 2013, 12:09:54 AM
revolutionary!


Title: Re: Bitcoin is...
Post by: reg on June 03, 2013, 05:58:24 AM
bitcoin restores full autonomy to each individual on the planet for the first time in human history. Its that big!
The consequences of that are unknown but potentially revolutionary in that it could remove the current banking system, remove the current governments of nation states, remove despotic heads of rouge states and religions. I envisage a libertarian world of small co-operating communities where freedom is not just a word but a fact. and the surplus of each one after sustaining themselves and their community will go to the greater good of all. reg.


Title: Re: Bitcoin is...
Post by: puffpuffpass on June 03, 2013, 10:12:40 AM
bitcoin is a mysterious invention that many people are trying to exploit while fearing the inevitable fascist oppressive tyrannical strong arm that will inevitably crush it.

http://www.netanimations.net/stormy-animated-rain-cloud.gif


Title: Re: Bitcoin is...
Post by: vokain on June 03, 2013, 10:32:11 AM
Bitcoin is...a seed. Many will cultivate it, some will exploit it, some will simply let it set there until a better growing season. In the end, its fruits will be born regardless :)

more please!


Title: Re: Bitcoin is...
Post by: puffpuffpass on June 03, 2013, 10:36:48 AM
Bitcoin is...a seed. Many will cultivate it, some will exploit it, some will simply let it set there until a better growing season. In the end, its fruits will be born regardless :)

You believe so?


Title: Re: Bitcoin is...
Post by: vokain on June 03, 2013, 10:43:44 AM
Bitcoin is...a seed. Many will cultivate it, some will exploit it, some will simply let it set there until a better growing season. In the end, its fruits will be born regardless :)

You believe so?

If not bitcoin, something better evolving out of the experiment? worst case


Title: Re: Bitcoin is...
Post by: melvster on June 03, 2013, 10:45:02 AM
magic internet money

actually james joyce described money as solidified energy, which is my favourite definition of money

bitcoin is *exactly* that


Title: Re: Bitcoin is...
Post by: Zarathustra on June 03, 2013, 11:11:32 AM
I envisage a libertarian world of small co-operating communities where freedom is not just a word but a fact.

That has been the case most of the time in the history of human being, within matrilineal blood-communities, just until the patriarchal hyper-collectivism arrived on this planet, about 10'000 years ago. Since then, male gods, theocrats and state terrorists terrorize the world with organized violence, and the people are forced to pay protection money in an unnatural, perverted construct: the monogamous pairing family/harem family (homo oeconomicus) for the purpose to generate surpluses for the rulers.
Bitcoin, Bitmessage etc. could hopefully be some of the tools, which end this inhuman stupidity. Stateless communities do not need an economy, because they are autark / selfsufficient.


Title: Re: Bitcoin is...
Post by: CtrlAltBernanke420 on June 03, 2013, 12:43:02 PM
If only I understood how bitcoin works.

You say this thing evades gov't. But isnt it their money we trade it for? Where does the value of a bitcoin come from? Gov't backed value?

I am so confused

if bitcoin has the potential to act as a force against inflation, if the dollar fails, bitcoin fails.

We have dollar denominated world(USD is world reserve currency and quite stable against bitcoin), bitcoin is the attempt by a few to get dollar rich with little effort(im not complaining), but if bitcoin soars in dollar value, it means the dollar failed. The world wakes up and realized all the debt/military backed fiat, is actually not worth anything, bitcoin is now back to square 1?

What is a bitcoin worth?

The rest of your visionary ideas, I do applaud them, but are grandios delusions of money, and that of a world that DOES NOT exist other than in a small corner in your mind. Again I applaud you for envisioning them, but What is a bitcoin worth without govt money?

Not to mention the other dozens of things that can bring it down, everything from ElectroMagneticPulses, Gov't ASIC mining, corporate computing power, deflation.

And yet beyond all that, I see it working out in favor of the adopters amazingly well.



Title: Re: Bitcoin is...
Post by: fghj on June 03, 2013, 03:33:12 PM
Some variant of SCP-1900? (http://scp-wiki.wikidot.com/scp-1900)


Title: Re: Bitcoin is...
Post by: J35st3r on June 03, 2013, 04:09:07 PM
... a fiat of Unicorns and Rainbows. to provide World Peace, solve World Hunger, and bring Nirvana itself to Mankind.

Or perhaps not  :(


Title: Re: Bitcoin is...
Post by: CtrlAltBernanke420 on June 03, 2013, 04:26:53 PM
... a fiat of Unicorns and Rainbows. to provide World Peace, solve World Hunger, and bring Nirvana itself to Mankind.

Or perhaps not  :(

LOL  :D


Title: Re: Bitcoin is...
Post by: Rassah on June 03, 2013, 07:49:56 PM
A new way of storing digital information in a permanent, time-stamped, unalterable form, the most obvious use of which is as money, but the full potential of which most people haven't even begun to grasp.



If only I understood how bitcoin works.

You say this thing evades gov't. But isnt it their money we trade it for? Where does the value of a bitcoin come from? Gov't backed value?

Doesn't the value of government US dollars come from the Euro, since we trade billions of dollars for billions of euros every day? So, isn't our dollar backed by euro, which is backed by Germany?

Yeah, it's kinda like that   ;)


Title: Re: Bitcoin is...
Post by: BE Phoenix on June 06, 2013, 02:20:37 AM
Bitcoin is the Swiss army knife of finance...  so freakin useful!   :D


Title: Re: Bitcoin is...
Post by: Rassah on June 06, 2013, 02:41:42 AM
Bitcoin is the Swiss army knife of finance...  so freakin useful!   :D

No, that would be OpenTransactions. Bitcoin is one of the knives.