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Title: #bitcoin is Post by: World on July 07, 2012, 10:21:54 AM What is Bitcoin in word a list?
-- Divisible. -- Fungible. -- Value dense. -- Recognizable. -- Durable. -- Zero counter-party risk. -- Stable in supply, yet minable. -- Liquid. -- International. -- Non-manipulatable. (Non-centralized.) -- Non-confiscatable. -- Accounts cannot be frozen. -- Anonymity is possible. -- Electronically transferrable. Title: Re: #bitcoin is Post by: hazek on July 08, 2012, 10:11:57 AM -- non reversible
-- virtually can't be counterfeited -- open -- honest -- voluntary Title: Re: #bitcoin is Post by: Technomage on July 08, 2012, 05:55:29 PM -- epic
(sorry, had to :D) Title: Re: #bitcoin is Post by: Garr255 on July 08, 2012, 05:58:29 PM -- a plethora of knowledge and opportunity
Title: Re: #bitcoin is Post by: schnell on July 08, 2012, 06:01:26 PM -- gay
:3 Title: Re: #bitcoin is Post by: Stephen Gornick on July 09, 2012, 05:27:18 AM - incorruptable
The most important word of all the ones offered in this thread though is: -- open I just watched a video of a TED Talk by Don Tapscott titled "Four Principles of Openness". 1. Collaboration (bitcoin is an open software that is used to transact using an open protocol) 2. Transparency (open source, open community (dev mailing list, IRC, etc, all transparent) 3. Sharing (intellectual property from competing projects, e.g., armory is shared freely and adopted across projects, alternative currencies welcomed in the forum (in appropriate subcategory), et.c) 4. Empowerment (bicoin.org project uses open repository -- anyone can report issues, request enhancements, submit patches, etc., has no organization body that might restrict individuals or groups. Free (and encouraged) to pursue endeavors which result in economic gain. He explains how the move to openness is threatening (as is seen in resistance to bitcoin generally from those it threatens the most -- those entrenched in or profiting from the current political and financial environment). Tapscott describes how the move to openness is necessary though, for survival because eventually "the cost of staying where you are becomes greater than the cost of moving to something different. Perhaps to something radically different." - http://www.youtube.com/watch?v=jfqwHT3u1-8 Title: Re: #bitcoin is Post by: Matthew N. Wright on July 09, 2012, 05:29:37 AM -improperly represented by spergs
Title: Re: #bitcoin is Post by: Bitcoin Oz on July 09, 2012, 05:39:45 AM -improperly represented by spergs Im not happy you use that word in the context of insulting people. Title: Re: #bitcoin is Post by: Matthew N. Wright on July 09, 2012, 05:44:35 AM -improperly represented by spergs Im not happy you use that word in the context of insulting people. Quote Asperger syndrome (AS), also known as Asperger's syndrome or Asperger disorder, is an autism spectrum disorder (ASD) that is characterized by significant difficulties in social interaction, alongside restricted and repetitive patterns of behavior and interests. I'm not happy that what I said is true. Title: Re: #bitcoin is Post by: World on July 09, 2012, 12:51:51 PM --independent (of the bank and politics)
Title: Re: #bitcoin is Post by: paraipan on July 09, 2012, 12:55:30 PM Title: Re: #bitcoin is Post by: beckspace on July 10, 2012, 05:26:49 AM - more than just a currency - global - an invention, the greatest one of the 21st century from wikipedia: Quote An invention is a unique or novel device, method, composition or process. It may also be an improvement upon a machine or product, or alternate means of achieving a process. An invention that is not derived from an existing model or idea, or that achieves a completely unique function or result, may be a radical breakthrough. Title: Re: #bitcoin is Post by: World on July 10, 2012, 09:53:14 PM --is more hidable and portable than metals
Title: Re: #bitcoin is Post by: AmazonStuff on July 10, 2012, 09:57:51 PM -- revolutionary
Title: Re: #bitcoin is Post by: World on July 11, 2012, 12:30:49 PM --untraceable
Title: Re: #bitcoin is Post by: kwukduck on July 11, 2012, 01:33:32 PM Quote -- Non-manipulatable. (Non-centralized.) orly? just like gold n silver? people will just buy bitcoin contracts like they now buy gold/silver contracts, buying and selling bitcoins that don't exist... Title: Re: #bitcoin is Post by: World on July 12, 2012, 08:30:44 PM --impossible to regulate or control
--free speech Title: Re: #bitcoin is Post by: nimda on July 13, 2012, 03:49:16 AM -- looking bullish BUY BUY BUY
Title: Re: #bitcoin is Post by: World on July 25, 2012, 03:16:24 PM What is Bitcoin in 15 Seconds (https://bitcointalk.org/index.php?topic=95114.0;topicseen)
Title: Re: #bitcoin is Post by: Taz on July 25, 2012, 07:34:03 PM - Newfangled jibber jabber
Title: Re: #bitcoin is Post by: World on August 01, 2012, 08:40:01 PM --powerful tool
(edit) --tools of economic freedom --tools of liberty Title: Re: #bitcoin is Post by: wikiaki on August 01, 2012, 08:41:57 PM an experiment
Title: Re: #bitcoin is Post by: klaus on August 02, 2012, 06:29:34 AM -- wonderful, wonderful, wonderful
Title: Re: #bitcoin is Post by: World on August 03, 2012, 04:25:32 PM --Internet Money
Title: Re: #bitcoin is Post by: Fluttershy on August 13, 2012, 12:57:34 AM (Non-centralized.) Mt Gox. |
