They don't. We're talking about deposits and withdrawals to exchanges. Barclays were talking about working with Bitcoin via Safello for charitable donations a while back but that seems to have gone quiet.

Once every 3-4 months I just go outside the EU and stock up. You get a wee holiday and save money at the same time. My last trip was to Gibraltar where tobacco is £3.50 a pop vs £19. I go to Guernsey or Jersey quite often too. The cost to get there is the same at 3 packs of normal cigs. Far more fun than risking inception by The Man.

If there was more international acceptance then I'd continue using it while abroad, but only if I could obtain it without a premium which is impossible in the UK.

As for day to day spending, nope. The fees aren't going to get any cheaper and it's already too much for more modest transactions. I can use a debit card that costs nothing. I ain't a charity. If Bitcoin can't fulfil a need in my life then I'd get rid.

A rising price inspires spending. Complete stagnation would not.

I've received from Natwest in the past without a squeak but that was only once. If you do it all the time then you're likely to get some trouble somewhere along the line.

Fidor is the one but they don't sound like they're full service yet. I don't think they're linked into faster payments and there aren't any individual account numbers or something equally strange. I'm sure they'll have the confirmed answers. I get the feeling if Fidor becomes too Bitcoin friendly they'll be shut out of playing with everyone else.

I didn't realise that. That's kind of sucky as sometimes you want to spunk your enormous gains. Still, I suppose it at least locks things in at a certain price.

Of course they are but you have to respect their commitment. They've been in it since 2012 and lord knows how much money they've burnt in pursuit of a singular vision shared by virtually no one when they got going. The vast majority of the brats here haven't been in it that long and don't even have the balls to put their lunch money in.

In late 2013 'China' probably consisted of a few tens or a couple of hundred thousand people at the absolute max. Adoption in any significant way hasn't happened. People still get excited when someone places a $500,000 order on an exchange. In adult finance terms that's laughable.

If BTC ever did manage to get beyond its wee niche then tens of thousands are eminently achievable.

Did you attempt to read the posted sentence? It included not buying anything and also not buying anything on Poloniex. And someone who wants something for nothing probably doesn't have $20,000 to pay upfront to earn 6 XEM.

Mining's the really interesting one. As far as I can tell they've made little or no noise about miners. I assume they're all nice and easy to track down as well.

It's conceivable that BTC might become fully custodial in China for non miners who go anywhere near an exchange. It's not as if you can spend it anywhere anyway. In 2013/14 they stipulated that it was only for playing markets with. That being the case they may as well not let them leave the market at all.

Bitcoin might use 1 or 2 per cent of banking''s consumption,  though it's probably more. It probably has 0.1 per cent or less of banking''s users. It sounds like a lot of mining uses hydro among other things but it's still shockingly profligate. If I were designingit from scratch that's definitely something I'd have remained more conscious of.

Why don't people ever mention China any more in relation to the 2013 pump? Is it less fun somehow than a neat conspiracy theory? Bitstamp overtook gox during that pump too.

China was probably equally goxy too but they kept it up for longer and didn't fail at it.

I don't think anywhere abroad is going to beat Saturday Night Live. They're really on a roll with Trump. Melissa Mccarthy as that Spicer bloke killed it the other day. https://www.youtube.com/watch?v=UWuc18xISwI

Apparently Donny didn't like it because he was portrayed by a woman which made him look weak. Nice priorities there.

Why not wish prosperity and joy instead? People will put their money towards keeping their children alive rather than a speculative asset that lives on the internet if there is chaos and uncertainty.

There's a lot more hassle for a Bitcoin debit card provider than one linked to a conventional bank account. I assume every time you use it you're triggering a Bitcoin sale.

There seem to be a lot of providers. Seems like a wonderful way to do a long con/ exit scam so I'd only consider somewhere of the calibre of Bitpay or Coinbase. I assume they're still US only which is no use to me.

Well, if it were me my first tweet would be APPROVED in very large and red letters and then I'd start tweeting away the various details, but I'm not a Winklevoss.

Odd. Why wouldn't they hold off completely until they were totally sure? It just makes them look a little daffy if it turns out to be a damp squib,

Um, why? All someone has to do is whisper 'terrorism' in Donald's ear and he'll be out on the white house personally executing every single PGP developer they can get their hands on.


$100-200 billion is fuck all, especially if its existence endorses a lack of government control.

Ah. Fair enough. I left school at 16 so I'm not worthy to receive his edicts from on high. I'd still give him a nipple cripple if I ever met him for using up my valuable bandwidth with his endless dribbling.

It wasn't his point of view that annoyed me, it was his complete and utter lack of interest in acknowledging any other point of view. When someone's that entrenched they should be given their own forum so they can talk to themselves as no one else has anything to offer them.

You can do this already in a couple of Swiss cantons can't you? It sounds like a dismal idea to me but if people want to do it then go for it. I can't imagine they'd be happy recruiting a third party to handle the conversion so it's not going to happen.

But why pay tax in something that should carry on rising. Far better to pay it with something becoming increasingly worthless.