Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Bitcoinpro on January 03, 2014, 08:56:42 AM



Title: Australia choses BITCOIN as word of the year for 2013
Post by: Bitcoinpro on January 03, 2014, 08:56:42 AM
http://www.abc.net.au/news/2013-12-13/australian-dictionary-centre-chooses-bitcoin-as-word-of-the-year/5154160

Bitcoin has been chosen as the word of the year by the Australian National Dictionary Centre (ANDC).

Bitcoin is a type of digital currency in which transactions can be performed without the need for a central bank.

A single bitcoin is essentially a computer file or code that is traded between two people.

A peer-to-peer network using cryptography is used to verify bitcoin transactions as opposed to a central bank.

The currency has exploded in popularity since it began four years ago.


Title: Re: Australia choses BITCOIN as word of the year for 2013
Post by: bryant.coleman on January 03, 2014, 10:50:51 AM
I have been hearing a lot of positive news from Australia, which is related to Bitcoin recently. Will be extremely happy if the Reserve Bank of Australia takes steps to regulate Bitcoin.


Title: Re: Australia choses BITCOIN as word of the year for 2013
Post by: alexeft on January 03, 2014, 01:33:34 PM
Will be extremely happy if the Reserve Bank of Australia takes steps to regulate Bitcoin.

Oh god!!! /*slaps face*/

What kind of regulations do you wish for?


Title: Re: Australia choses BITCOIN as word of the year for 2013
Post by: brioche on January 03, 2014, 01:55:59 PM
This is great news, hopefully more nations will look to bitcoins.


Title: Re: Australia choses BITCOIN as word of the year for 2013
Post by: bryant.coleman on January 03, 2014, 02:30:01 PM
Oh god!!! /*slaps face*/

What kind of regulations do you wish for?

I want normal regulations, unlike what the PBOC did in China by banning it all together.

I want Bitcoin transactions to be legalized. That's all.


Title: Re: Australia choses BITCOIN as word of the year for 2013
Post by: hilariousandco on January 03, 2014, 02:40:08 PM
Better than ours which I believe was 'selfie'. Although Bitcoin was nominated. Hopefully Bitcoin will be the word of 2014.


Title: Re: Australia choses BITCOIN as word of the year for 2013
Post by: exocytosis on January 03, 2014, 04:38:11 PM
I have been hearing a lot of positive news from Australia, which is related to Bitcoin recently. Will be extremely happy if the Reserve Bank of Australia takes steps to regulate Bitcoin.

Excuse me if I'm being ignorant, but isn't Bitcoin supposed to evade government and banking regulations anyway? Wasn't that Satoshi's original vision, as stated in several quotes from him? Why seek approval from the banksters and their lackeys, when Satoshi himself apparently saw them as enemies -- and supposedly designed Bitcoin as a way to undermine their incredibly unfair and inefficient system?

Here's a famous Satoshi quote:

Quote
"Yes, [we will not find a solution to political problems in cryptography,] but we can win a major battle in the arms race and gain a new territory of freedom for several years. Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own."

It seems to me that Satoshi's vision, as stated by him/her/them, was for BTC to effectively undermine the current monetary/banking system. But I'm a newbie, so I could be totally wrong.

However: I do, of course, understand that government regulations will affect price negatively and greatly hurt widespread adoption in the short term.

I'm also aware that The Bitcoin Foundation is supposedly reaching out a hand towards the US government. I'm not sure what to feel about that. Like I said: Perhaps I'm just ignorant.


Title: Re: Australia choses BITCOIN as word of the year for 2013
Post by: hilariousandco on January 03, 2014, 04:40:20 PM
I have been hearing a lot of positive news from Australia, which is related to Bitcoin recently. Will be extremely happy if the Reserve Bank of Australia takes steps to regulate Bitcoin.

Excuse me if I'm being ignorant, but isn't Bitcoin supposed to evade government and banking regulations anyway? Wasn't that Satoshi's original vision, as stated in several quotes from him? Why seek approval from the banksters and their lackeys, when Saotoshi himself apparently saw them as enemies -- and supposedly designed Bitcoin as a way to undermine their incredibly unfair and inefficient system?

Here's a famous Satoshi quote:

Quote
"Yes, [we will not find a solution to political problems in cryptography,] but we can win a major battle in the arms race and gain a new territory of freedom for several years. Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own."

It seems to me that Satoshi's vision, as stated by him/her/them, was for BTC to effectively undermine the current monetary/banking system. But I'm a newbie, so I could be totally wrong.

However: I do, of course, understand that government regulations will affect price negatively and greatly hurt widespread adoption in the short term.

It's not the banks that will do the regulating but the government. Regulation is naturally going to happen whether we like it or not.


Title: Re: Australia choses BITCOIN as word of the year for 2013
Post by: exocytosis on January 03, 2014, 04:43:36 PM
It's not the banks that will do the regulating but the government. Regulation is naturally going to happen whether we like it or not.


Are you claiming that the various governments of the world are not being influenced by large banks?



Title: Re: Australia choses BITCOIN as word of the year for 2013
Post by: hilariousandco on January 03, 2014, 04:49:19 PM
It's not the banks that will do the regulating but the government. Regulation is naturally going to happen whether we like it or not.


Are you claiming that the various governments of the world are not being influenced by large banks?



No, I'm not.


Title: Re: Australia choses BITCOIN as word of the year for 2013
Post by: ANX_Service on January 18, 2014, 05:22:46 AM
This is great news, hopefully more nations will look to bitcoins.

FYI - We now offer local AUD deposits and withdrawals for Australian bank account holders.
We also provide same day processing of all AUD deposits and withdrawals.

/end shameless plug ;)

ANXBTC.COM (http://ANXBTC.COM)


Title: Re: Australia choses BITCOIN as word of the year for 2013
Post by: Bitcoinpro on January 18, 2014, 05:35:54 AM
This is great news, hopefully more nations will look to bitcoins.

FYI - We now offer local AUD deposits and withdrawals for Australian bank account holders.
We also provide same day processing of all AUD deposits and withdrawals.

/end shameless plug ;)

ANXBTC.COM (http://ANXBTC.COM)

what are the fees and charges and where do you get your price


Title: Re: Australia choses BITCOIN as word of the year for 2013
Post by: ANX_Service on January 18, 2014, 05:49:37 AM
This is great news, hopefully more nations will look to bitcoins.

FYI - We now offer local AUD deposits and withdrawals for Australian bank account holders.
We also provide same day processing of all AUD deposits and withdrawals.

/end shameless plug ;)

ANXBTC.COM (http://ANXBTC.COM)

what are the fees and charges and where do you get your price

We're an exchange so the price is determined by the orders placed by our customers.  ANX does not sell or buy Bitcoins. 
As of this minute, you can buy 1 BTC on ANX for $953 AUD.  This is cheaper than any Australian Bitcoin service I just queried. 

All the fees are listed at ANXBTC.COM however, specifically for our Australian customers, the following fees apply:

* 0.1% Transation Fee on BTC Trades
* Zero Deposit Fees on local AUD bank transfers
* 1% Withdrawal Fees on local AUD bank transfers




Title: Re: Australia choses BITCOIN as word of the year for 2013
Post by: Liquid on January 18, 2014, 06:26:49 AM
I have been hearing a lot of positive news from Australia, which is related to Bitcoin recently. Will be extremely happy if the Reserve Bank of Australia takes steps to regulate Bitcoin.

Dont you get it, we don't need the Reserve Bank of Australia