What are you doing today sweetie? Will you be home for dinner?
I think I'll be home in time. I'm just driving a billboard around Miami heckling the CEO of JPMorgan Chase. LOL
TOTAL fun day at work. This is amazing. |
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So the IRS has classified Bitcoin as a commodity and Wyoming is classifying it as a currency like USD? This will be interested to watch how states attempt to work Bitcoin into legislation.
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I am standing strong behind the consensus as defined by Satoshi Nakamoto.
Long live Bitcoin!
Hear Hear! |
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The problem is mostly the negative publicity associated with it IMO.. It's just an excuse for the media to talk bad about it because they are scared of it..
The people who swallow this "negative publicity" BS are mostly ignorant regular joes who largely hold no value. Let the media talk, people with large pockets looking for a secure way to hide their wealth might notice and figure out there might be something for them in Bitcoin  Agreed. It is mostly negative publicity. Money laundering goes on in all currencies. What about counterfeit bills? We should have stopped printing more money then because of counterfeiting. I think eventually there will be less and less talk of this with Bitcoin. There are too many investors going all in on this and they don't seem to be concerned. |
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I agree with everyone that no faucet pays that amount of Bitcoin for that amount of time. Do you have a screenshot or a link?
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Great idea but I don't trust some of these partners  Among sponsors of the initial research there were: Israeli Ministry of Science and Technology, U.S. Defense Advanced Research Projects Agency (DARPA), the Air Force Research Laboratory, Skolkovo Foundation and others. Those are some serious parties to be interested in this. Does this coin have legs? |
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This is great! Coinbase has been impressing the heck out of me. This will be very helpful especially with this volatility.
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I have used Xapo for 3 months or so. I like the interface, easy to use. I have not had any issues with it and feel quite safe with it.
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Interesting. Thank you I will dig deeper. |
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But which government?  Assuming that China's hash power and possession style of btc I am not sure that if US tries to stop it, it stops. It would like marihuana or something like that. By the way, Bitcoin getting serious by companies. Purchasing chain completed with debit cards and ATM. You can easily spend btc without using US dollar now. The government may want to regulate it in the future maybe... They want to know the transactions and real names. Exactly! Which government. |
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Thanks for the answers. I did not realize, that PayPal may be that bad for a seller, if buyer wants to scam.
There are many Paypal message boards on the net. Sellers will line up to tell you how paypal is better for buyer than seller. Not sure Bitcoin forum is the place to post this. |
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Other projects that started off without any intention of joining up to a "Banking Consortium" have also been sucked into this culture which is unfortunate, as these projects could have stood on their own two feet for a long period of time with a little more effort and a little less corner-cutting.
The banks are forging these relationships purely to hedge, if one project fails, they are partnered with 10 others and only one need succeed. An added benefit (minor though as they aren't "afraid" at all remember) of course is the fact that if everyone is happy to take partnerships and relationships with banks, no one is working solo, and if no one is working solo, then there is no long term threat from some unknown taking a chunk of the pie.
If you have a good project and you want to partner up with a bank, or you get approached, then make them work for it! Don't make the mistake of thinking you have been "chosen" or that you are special in someway, you aren't, you're just another means to make money!
Great post! It is disheartening to see the quick move to partner with banks. Innovation can happen with out the banks. I like Bitcoin because I feel it is more for the people, banks have never been for the people. Thanks for posting. |
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Sure the price matters. I was attracted to Bitcoin for the technology side of it and the possibilities for the world. To think that people in third world nations could utilize Bitcoin to move out of poverty is awesome, as is the many other great things it can do for the world. I am 50% idealistic and 50% capitalist, but yes the price matters.
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yes good news. I am also wondering if this is for real. If so, perhaps everyone can calm down  |
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Paypal has always been growing, as others said above, because it is the largest most trusted online payment processor now. This is mostly because of lack of innovation from competitors. When Bitcoin is used more it will quickly surpass paypal. patience. |
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This corruption, bounty, blackmail, extortion, theft, illegal activity shit is driving me away from bitcoin. I dont know about anyone else but I've had enough now....  All the corruption, extortion, poverty, war, and misery is driving me away from FIAT. Please don't lose faith, these are just growing pains. Remember, the home computer was just a machine box to play Solitaire in 1992..now look. |
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Did not even know CoinFest existed until now. I am looking forward to the upcoming Fest. Anyone go last year?
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I thought about overdrafts earlier today, how archaic they could become when Bitcoin takes over. So much about the banks is predatory, especially on people that are middle class. I remember in college I got 2 overdrafts totaling 70.00 for a pack of gum and a sandwich. |
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Great that Princeton is offering this for free. I have it downloaded on my computer from a month ago but have yet to dive in heavy. Some if it is intimidating. Thanks for sharing for those that do not know about it.
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As internet traffic is increasing over time, the network bandwidth is growing as well, covering the needs and demands of all services, so
i don't see how any of the services listed here could pose an issue, and least of all the blockchain.
Almost every year we get increased increased speed with unlimited traffic where i live, at the same price or even less, so i think your point isn't a valid one.
agree, speed and bandwidth continue to grow with each other and I do not see it no leaving room for Bitcoin. |
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