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1701  Bitcoin / Bitcoin Discussion / Re: How did you first hear about bitcoin? on: December 13, 2016, 05:02:54 PM
I read this article and was curious about the new anonymous money.

http://gawker.com/the-underground-website-where-you-can-buy-any-drug-imag-30818160
1702  Bitcoin / Bitcoin Discussion / Re: Blockchain is bigger than I thought on: December 13, 2016, 04:44:16 PM
Yes, but bitcoins blockchain is less filling than other blockchains.

1703  Bitcoin / Bitcoin Discussion / Re: Do Bitcoins have Tax?? on: December 13, 2016, 03:40:36 PM
Obviously taxes apply in most (all?) countries.
But I wonder if there is any place on Earth that has no taxes associated with bitcoin? Like maybe Dubai?
Anyone know this?

The oil belt doesn't tax Bitcoin. No sales or income tax at all. The UAE did announce they would implement a Value Added Tax but that doesn't kick in until 2018.

United Arab Emirates - VAT soon
Oman - 0
Bahrain - 0
Qatar - 0
Saudi Arabia - 0
Kuwait - 0
1704  Bitcoin / Bitcoin Discussion / Re: Giving up on Bitcoin... on: December 13, 2016, 07:13:07 AM
That's too bad. I'll miss you. Their aren't enough trolls here to keep me entertained anymore since Matthew and all of the My Little Pony characters left.

Do me one favor before you leave. Change your name to Fluttershy and bet everyone hundreds of bitcoins that Hashoceans cloud mining isn't a scam. That will kind of wrap up every fun time I've had on this forum in one package.

Not that your regular posts aren't entertaining. I especially liked the one where you make no sense at all, can't explain what you're talking about to anyone and then tell everyone in the thread to fuck off. Yep, that was a good one alright.
1705  Economy / Trading Discussion / Re: Have you ever exchanged BTC face to face? on: December 13, 2016, 06:53:39 AM
I have but not in years because of all the problems with LBC like police stings and what happened to BurtW scared me away from LBC exchange forever.
1706  Other / Politics & Society / Re: Ross,my Hero Ross.[Video Inside on Silk Road] on: December 12, 2016, 04:28:09 PM
@ hilariousandco, each post is getting too long so I'm going to condense it some.

One thing you said really boils down the issue for me. "You can't babysit her forever either as much as you probably want to."

Yes I can. I can do it even after I'm dead by making sure laws are passed limiting bad peoples access to really dangerous things that are currently used to badly hurt other people. The example I gave of a bad person spiking a drink with rohypnol, then hooking them on heroin for a profit happens now with very difficult access to the drugs. You really want these predators to have unlimited access to every drug available in the world? I sure as hell don't.

I said that to BADecker because he's clueless and thinks he can just skirt the law based on the word of some internet preacher that says he can. My example was like saying, Well BADecker if I can just ignore the law with no consequence you're the first one I'm going to use it on and here's what I'm going to do to you. Of course I wouldn't really do that because there are laws against it, it's horrible, and I'm the one that wants the laws to become more strict concerning drugs to begin with. How does he know that one of those internet fools that are interpreting the law without a legal degree won't come and hurt him first. Or someone that believes the internet fools won't hurt him first. It's easy to argue a point when it's not happening to you.

Smoking, alcohol and legal pharmaceuticals are abused too. I agree. How can you not agree. It happens, right?

I don't agree with smoking. I think it's a filthy habit that should be outlawed. I voted for those laws in California, and now it's illegal to smoke almost anywhere you are in sight of another person including in your own car with a minor present. That's a really good law. Why hook the next generation on smoking when you don't have to?

Alcohol has been tried. They attempted to abolish it and it failed. Alcohol actually proves my point about majority rule. Just find enough support for your way of thinking and change the laws. But alcohol doesn't need to be illegal to limit access to it by minors.  There are already pretty strict laws in place to do just that. The punishments for giving alcohol to a mind and body still attempting to grow to adulthood should be a lot more harsh.

Pharmaceuticals are already regulated and controlled by medical professionals for the treatment of illness and disease. It's already illegal for doctors to prescribe medicines to people just to get high. Do bad people become doctors? Sure they do, and when they're caught breaking the law we should put them in prison. Does that mean we should make all prescription medications legal for anyone without the proper training to just take whenever they like? No, that's rediculous. Most people don't even know what those drugs do until they ask their pharmacist.  

Fast food again? Well, people need to eat food and drink water to live. I don't know what to say about overeating fattening foods except don't do it. People have to eat and because they're foolish they end up eating lots of stuff that's bad for them (Americans are really bad about it). What people don't have to do to live is take black tar heroin, cocaine, methamphetamine, desomorphine, PCP, scopolamine, GHB, ketamine, opium, LSD, psilocybin mushrooms or any of the other really horrible substances sold illegally on Silk Road. And yes, I want to force them to not be allowed to purchase those drugs because, as you pointed out, they are too stupid to know how to eat right. I don't want to force everyone to shop exclusively at Trader Joe's like I do but I don't want them to have unlimited access to really harmful drugs either.

Ron Paul is a fringe nutter. I should never have used him as an example. The things he believes in will never happen as long as rational people run the country.

Yes, people are preyed upon now. It's wrong and I don't want it to get any worse than it is now by allowing things like Silk Road to exist.

BTW: Speaking of stupid people, how do you feel about Ross Ulbrich running a drug flea market from inside the USA at a public library over government wifi? Is it possible to be any more stupid than that? How about burning candles on the hood of your car while filling it up with gas, is that worse or better than what Ulbrich did? LOL

America is a corrupt corporately controlled country. Tell me something I don't know. I can't change that. I can't change global warming either but that doesn't mean I'm going to want my next door neighbor to shoot up heroin and then talk to my kid in my front yard. That has nothing to do with our conversation.

Am I a socialist? Kind of but I never really thought much about it. I don't believe random people can be trusted to get together and agree to build the infrastructure of a country.

1707  Alternate cryptocurrencies / Altcoin Discussion / Re: The Story of Bob Surplus on: December 11, 2016, 11:52:17 PM

I don't know why anyone would want to go hatin on poor bob. He's just makin money the cryptocurrency way - he's fuckin stealing it. You're all just jelly.

Crypto has a proud history of being a nest of thieving scumbags from Zhou Tong to Mark Karpeles. Even the beloved of this forum like Cypherdoc, DeathandTaxes and Eric Voorhees have ended up being worthless fucking scammers. Why pick a little guy like Bob to hate on?

You forgot Matthew N Wright on your scammers list....

No, he's on a different list of mine. He's on the silly dumbass list. He's not really a crafty scammer like Eric Voorhees or Zhou Tong that made us all feel warm and fuzzy while they walked away rich with our money. MnW made a silly bet for tons of money that he lost, couldn't pay and walked away broke. That's different.

He is trying to say that he has repaid everyone in the bet and even posting about it on other forums for anyone he owes to get in touch

https://bitcointalk4.com/important-announcements/matthew-n-wright-is-trying-to-pay-his-debts/

For the record, he hasn't contacted me even though I'm marked on the list as not replying to his contacts ....


There will be a legal reason for that, probably any debt is legally void if someone doesn't reply to a contact attempt after a number of years. Contact him about the debt, and keep a record of it so he can't deny you contacted him.


Matthew  has locked the threads in question and asked all affected  members (whose names are highlighted in red) to contact theymos which i have done but he didnt reply either ..........

I have not went anyway ,nor am i uncontactable

I dont expect matthew to pay up but whenever i see him lying  on other websites  he has made good on all his bet debts  i will continually state for the record that he has NOT so at least  he doesnt get enough trust to scam new people who dont know about the past ..............

Is this the Matthew N. Wright you had dealings with? I couldn't find your name in the negative feedback left for him. You could leave him negative feedback, and mention that you sent him a pm requesting repayment in it. Unfortunately his profile shows he was last active on January 23, 2014 so he isn't reading bitcointalk pms. Is there any other way to contact him through his websites?

https://bitcointalk.org/index.php?action=trust;u=24749

It's ironic he asked you to pm theymos because he gave him negative feedback.



yes ,its the same Matthew N Wright ,surprise surprise lol

you can find my name on this list in red  : https://bitcointalk.org/index.php?topic=140654

and on other bitcoin forums in the last few months he has claimed to resolved this with affected persons


if he had any intention of contacting the users on that list he could have done so as far as im concerned
and why lock the thread and  tell them to contact theymos anyway ?

Why don't you force theymos' hand. Go to meta section and start a thread asking theymos to contact you concerning MnWs debt collection in public in the thread, no PMs and no hiding. Post the link to the thread saying theymos is handling it. He will surely contact you there because mods that see the post will tell him about it.
1708  Other / Politics & Society / Re: Ross,my Hero Ross.[Video Inside on Silk Road] on: December 11, 2016, 09:52:59 PM
Wow BADecker, is it painful when you think too hard? Those online ways to usurp tax law and criminal law are bogus. Try one and I'll send you some vasoline in prison. You really should try a university education instead of the school of hard knocks.

There is one thing I'd like to try though. I'd like to try legally hooking you on heroin (available on Silk Road). I'd drug you at a party with rohypnol (available on Silk Road). Take you to my crib and shoot you up with Black Speedkitten (heroin mixed with Ketamine and crystal methamphetamine, all available on Silk Road) to make you're memory turn to mush. Then start having people come over and rape you, for a small fee of course. When you're so used up and fucked up that I can't charge top dollar for you, I'd turn you out on the street to bring me whatever little bits of money you can until you die or can't earn enough to buy any more of my Dr. Feelgood.

Here you are after a few years of Dr. Feelgood


1709  Other / Politics & Society / Re: TRUMP WINS on: December 11, 2016, 03:53:34 PM
.....
Rather have a pussy grabber than a mass murderer  Wink..



+1

(Now where is that picture of John Kennedy hiding in the White House closet with Marilyn Monroe?)

Actually, the fact that he appreciates a good pussy kind of makes me like him a little more. At 70 years old he's surrounded by beautiful women. What's not to like? (Unless of course you're a feminist or a gay or what's that other word for them - um - um oh yeah, democrat)


Feminists hate women.  That's why they hate "straight males" - which just means people who like women.  The fact that Trump is attracted to women is supposed to prove he's evil, because feminists want to act like men and stop women from acting like women.  They hate the things that most women like to do, such as having children, being mothers, and taking care of their families.  Millions of people are so brainwashed that they are shocked and outraged if you make a simple factual statement such as "The #1 female boxer in the world could not last 1 round with the #200 amateur male boxer."  They have no explanation for why some of the top "female" athletes are now people who were born with penises.  Some feminists are confused about transgender acceptance, but others are happy to replace women with men in all fields.  Such as Woman of the Year, which they gave to a man, eliminating all women from a women-only category.  

You just told me more about feminists than I ever really wanted to know. I prefer to hide from all of the sordid details that make democrats what they are. It makes it easier for me to "cubbyhole" people. Thanks though. LOL
1710  Bitcoin / Bitcoin Discussion / Re: Blockchain is the Trojan Horse that will push Bankers and Investors finally to Bitcoin! on: December 11, 2016, 03:41:15 PM
Well bitcoin has seen a lot of different changes and so is the bock chain, but since the bitcoin has been going up in terms of price and the number of people using it has increased made all investors and bankers have a second thoughts about whether they have to adapt to the current internet consumer base that is using the bitcoin as a mean of payment , but the nature of bitcoin and how dicentrelized it is and how unstable it could be pushes away the investors which they think on the long term bases if in the future government's policy about bitcoin and how are they gonna accept or reject it as a global currency.

Your name is Shenzou which is the name of a Chinese spacecraft so I assume you're Chinese. Do you realize the Chinese day traders are playing with Bitcoin right now like it's a game of Pai Gow? Eventually some big Chinese whale is going to play another game and dump all his coins. Money with its value based only on speculation instead of industry is too volatile. Be careful buying into the Chinese gambling hype or you could lose what little money you have (assuming you're not a whale trader waiting to get rich off of the desperation of the poor).
1711  Other / Politics & Society / Re: TRUMP WINS on: December 11, 2016, 03:08:26 PM
.....
Rather have a pussy grabber than a mass murderer  Wink..



+1

(Now where is that picture of John Kennedy hiding in the White House closet with Marilyn Monroe?)

Actually, the fact that he appreciates a good pussy kind of makes me like him a little more. At 70 years old he's surrounded by beautiful women. What's not to like? (Unless of course you're a feminist or a gay or what's that other word for them - um - um oh yeah, democrat)
1712  Other / Politics & Society / Re: Ross,my Hero Ross.[Video Inside on Silk Road] on: December 11, 2016, 02:04:35 PM
hilariousandco, you're so "all over the place" in you're responses that I barely even know how to respond to you. Most of your arguments are nonsensical and based on rationalizations. A drug racketeer is equal to Martin Luther King? A fast food restaurant is equal to a pusher getting someone strung out on heroin? You know what a rationalization is, don't you? A rationalization is where you tell yourself your hungry because society won't give you the tools to get a job but instead of stealing food you steal a Lamborghini. You rationalize stealing several hundred thousand dollars because you're hungry.

Nonviolent resistance and protesting work within the legal system to change the laws that are unjust. That's what Ron Paul stands for, not just breaking any law you want to break. Libertarians and anarchists to me seem like people that have a couple of laws that they want to break, like drug laws, so instead of working to get support to change the laws they don't like they just want to chuck out the whole system. That's very short sighted.

Yes, Ron Paul does support no taxes of any kind. I can't support that because I've become accustomed to street lights, paved roads, public education, fire departments, running water, electricity and all those silly little things that make my life more comfortable.

I guess the next time a 16 yo kid cuts in front of me to steal my parking space at the mall I'll just just break the law and baseball bat all the windows in his car because that would be justice, right? It wouldn't be legal but it could be considered civil disobedience to gain justice.

Laws exist because we can't just let anyone do anything they want. If we did the weak people in society would be preyed upon by the strong. I don't want my daughter to be strung out on drugs by some some guy for profit and forced to be raped by perverts to pay for her heroin habit. I don't want to live in your world. Fortunately for me, I'm in the massive majority and you are in the minority.

PS: I've had to explain this several times in the past so I should probably put it in my sig line. My name in society isn't QuestionAuthority. I have a real name that I use for the real world. My name in Bitcoinland is QuestionAuthority because I question the authority of people here that are passing themselves off as authorities. That started about the time that Zhou Tong was fucking everybody blue while little follower drones were singing his praises. Time and time again I've found examples in bitcoinland of so called "authorities" being nothing more than thieves and scammers (DeathandTaxes, Cypherdoc, Mike Hearn to name a few). My name is QuestionAuthority because I don't just believe the bullshit spouted by devs, Bitcoin business owners, pool operators and all the long con bitcoinland rep builders that everyone loves so much here. Satoshi didn't fuck Bitcoin up, the authority figures are doing that.


Rick, let me start by telling you that before the zombie apocalypse I was a libertarian. There's going to be laws but only a few and the first law is I can do whatever the fuck I want.

 
1713  Other / Politics & Society / Re: Ross,my Hero Ross.[Video Inside on Silk Road] on: December 11, 2016, 05:01:06 AM
Re-cap of Free Ross-A-Thon event held this past weekend...

12-06-2016 Subject: Activism

The Free Ross-A-Thon livestream raised over $23,000, which Roger Ver is so generously matching. That's over $40,000 going directly towards Ross' appeal and towards overturning this horrible injustice!

Sending a BIG thank you out to everyone who donated. We are so incredibly thankful to be part of such a generous and talented community. Where would we be without you? Thank you again for all of the love and support you continue to show us. Now let's #FreeRoss!

– Free Ross Team
FreeRoss.org


Webpage: https://www.facebook.com/freerossulbricht/

Here are some pictures from the event:


See the pictures at https://www.freedomsphoenix.com/Article/208425-2016-12-06-re-cap-of-free-ross-a-thon-event-held-this.htm.

Cool

Yeah, that's going to happen. America can't wait to free Ross. If you give money to this effort you may as well just flush it down the toilet. ROFL

Quote
“Make no mistake, Ulbricht was a drug dealer and criminal profiteer who exploited people’s addictions and contributed to the deaths of at least six young people,” Preet Bharara, the United States attorney for the Southern District of New York, said in a statement.

At the hearing, the mother of one such victim and the father of another each delivered emotional statements to the judge. The father, identified as Richard, whose 25-year-old son had died after using heroin that prosecutors said was purchased on Silk Road, accused Mr. Ulbricht of being driven by greed in making drugs easily available to vulnerable people
.

Source: http://www.nytimes.com/2015/05/30/nyregion/ross-ulbricht-creator-of-silk-road-website-is-sentenced-to-life-in-prison.html?_r=0
1714  Other / Politics & Society / Re: Ross,my Hero Ross.[Video Inside on Silk Road] on: December 10, 2016, 08:07:23 PM
Ross was the fall guy, because there were some other people working with him.

A fall guy for who? As far as I can tell it seemed to be largely a one-man operation and he was the architect from the very start right up until he got busted (though he did cowardly try pass the blame on to others to save his own skin).

Ross was also used as a warning from government, to show what will happen to other people... that wants to duplicate these types of sites. I do not condone his actions, but the sentence do not fit the crime.  Roll Eyes

There's no doubt they made an example out of him and the time he got was ridiculous for the charges, but if the murder for hire attempts were true (which to me they look like they were), then I lost pretty much all respect for him and if he's the type of person that will carry out hits then he deserves his time regardless of the charges they actually sent him down on.

You're right, he broke the law and ignored the rules of society for a profit. He did it without regard for the lives he helped destroy just as a drug lord would. That doesn't exactly scream "humanitarian".

I don't know about 'humanitarian' but his original ideology was libertarian and if he'd have stuck to that then I would have had a lot of sympathy for him but the power/money probably went to his head. I don't really buy the argument that drug dealers (or Ross) help destroy lives either (though they do knowingly break laws (whether you think those laws are just or not)). Nobody forces people to take drugs nor should it be illegal to do so and if people want to take drugs then they should be allowed to (but that's a whole other argument).

People say that he only ran a website so he wasn't responsible but that argument kind of breaks down when your websites design and only job is to allow illegal trade in drugs and contraband. That same argument has been used by drug lords like Pablo Escobar. He only ran the company, he never sold drugs to anyone himself.

You can't really compare him to drug lords like Pablo Escobar either (disregarding the murder for hire charge a second). Escobar was responsible for the murders of thousands of people and would kill innocents if he thought he could take out one enemy. Escobar did also directly sell drugs, whereas Ross just facilitated their sale by creating a website to do so (whether you think that is right or wrong is down to personal opinion/politics).

I think when you have kids you change your opinion about drugs a little. I don't know if you read this but Ross Ulbrich started Silk Road by selling his own home grown magic mushrooms. It really has nothing to do with my opinion or anyone else's opinion, he broke the law and he's a criminal.

I also don't know if you know that the politician Ron Paul is a libertarian. I've never heard Ron Paul say, "break any law you don't like because we're libertarian and laws don't apply to us". Being libertarian isn't an excuse for being a criminal.

There are lots of laws that exist to keep stupid people from killing themselves. If people want to take heroin on the streets legally then they should vote to make it legal but I don't think you're going to find a lot of support for passing that law.

Ross Ulbrich is a U.S. citizen and as such was an accessory to murder for every death that occurred from the heroin he facilitated in selling just as drug lords are.

Quote
An accessory is a person who assists in the commission of a crime, but who does not actually participate in the commission of the crime as a joint principal. The distinction between an accessory and a principal is a question of fact and degree:

The principal is the one whose acts or omissions, accompanied by the relevant mens rea (Latin for "guilty mind"), are the most immediate cause of the actus reus (Latin for "guilty act"). If two or more people are directly responsible for the actus reus, they can be charged as joint principals (see common purpose). The test to distinguish a joint principal from an accessory is whether the defendant independently contributed to causing the actus reus rather than merely giving generalised and/or limited help and encouragement.
1715  Alternate cryptocurrencies / Altcoin Discussion / Re: The Story of Bob Surplus on: December 10, 2016, 07:22:28 PM

I don't know why anyone would want to go hatin on poor bob. He's just makin money the cryptocurrency way - he's fuckin stealing it. You're all just jelly.

Crypto has a proud history of being a nest of thieving scumbags from Zhou Tong to Mark Karpeles. Even the beloved of this forum like Cypherdoc, DeathandTaxes and Eric Voorhees have ended up being worthless fucking scammers. Why pick a little guy like Bob to hate on?

You forgot Matthew N Wright on your scammers list....

No, he's on a different list of mine. He's on the silly dumbass list. He's not really a crafty scammer like Eric Voorhees or Zhou Tong that made us all feel warm and fuzzy while they walked away rich with our money. MnW made a silly bet for tons of money that he lost, couldn't pay and walked away broke. That's different.

He is trying to say that he has repaid everyone in the bet and even posting about it on other forums for anyone he owes to get in touch

https://bitcointalk4.com/important-announcements/matthew-n-wright-is-trying-to-pay-his-debts/

For the record, he hasn't contacted me even though I'm marked on the list as not replying to his contacts ....

You are right though, there are many snakes in crypto and he is surely not the largest of them....


That right there keeps him from being a scammer. Scammers don't even attempt to repay their debts.

Try asking Eric Voorhees to give you back your share of the 2600 btc he stole from FeedZeBirds or SatoshiDice. He won't even try to pay back a few people but he sure has plenty of money to travel all around the world. I sent a letter to the IRS telling about his little windfall for FeedZeBirds. I'm trying to get him extradited for tax evasion on a million and a half stolen dollars .
1716  Alternate cryptocurrencies / Altcoin Discussion / Re: The Story of Bob Surplus on: December 10, 2016, 05:18:11 PM

I don't know why anyone would want to go hatin on poor bob. He's just makin money the cryptocurrency way - he's fuckin stealing it. You're all just jelly.

Crypto has a proud history of being a nest of thieving scumbags from Zhou Tong to Mark Karpeles. Even the beloved of this forum like Cypherdoc, DeathandTaxes and Eric Voorhees have ended up being worthless fucking scammers. Why pick a little guy like Bob to hate on?

You forgot Matthew N Wright on your scammers list....

No, he's on a different list of mine. He's on the silly dumbass list. He's not really a crafty scammer like Eric Voorhees or Zhou Tong that made us all feel warm and fuzzy while they walked away rich with our money. MnW made a silly bet for tons of money that he lost, couldn't pay and walked away broke. That's different.
1717  Other / Politics & Society / Re: Ross,my Hero Ross.[Video Inside on Silk Road] on: December 10, 2016, 04:36:31 PM
If he was actually guilty of trying to hire hitmen to kill people, he deserves to be in jail.
But personally I have a hard time believing the investigation against him. Several of the FBI agents stole huge amounts of Bitcoin during the investigation.
Do you really think someone who would steal money on the job is above making up charges against someone?
I've dealt with corrupt police in the past and they will make up charges, lie under oath and do anything to make themselves look good and hide the fact they are the ones committing crimes.

You're right, he broke the law and ignored the rules of society for a profit. He did it without regard for the lives he helped destroy just as a drug lord would. That doesn't exactly scream "humanitarian". People say that he only ran a website so he wasn't responsible but that argument kind of breaks down when your websites design and only job is to allow illegal trade in drugs and contraband. That same argument has been used by drug lords like Pablo Escobar. He only ran the company, he never sold drugs to anyone himself.

You're also right about law enforcement. No one knows how to break the law more effectively than those enforcing it. There's a special level of hell reserved for dirty cops.
1718  Bitcoin / Bitcoin Discussion / Re: If a person has millions of Bitcoin and he dies one day................. on: December 10, 2016, 04:05:01 PM
This makes no sense at all Nakamoto has soo many coins, we dont know how many coins in total he had mined, we see some of the wallets he used in the past, maybe not all his portfolio, but even as developer im ceptical why he hasnt sold his coins at 1000 dollars, and neither now, those means milions that is enought to have an amazing life further. I do believe he is dead or lost the keys to those wallets, thats the only way a person has soo many money stucked at bitcoin for no reason, i doubt he were expecting bitcoin to reach bigger values then 1000 dollars.

Life is all about the journey bro. He might want Bitcoin to succeed more than he wants fame or money.

“A leader is best
When people barely know he exists
Of a good leader, who talks little,
When his work is done, his aim fulfilled,
They will say, “We did this ourselves.” ― Lao Tzu
1719  Economy / Speculation / Re: Bitcoin $50,000 each by 2020 on: December 10, 2016, 03:52:11 PM
It's really hard to tell how far the Asian markets will push Bitcoin before moving on to something new. I live in a suburb of Beijing (San Francisco). I know more Chinese people than any other group. I really hate racial profiling but I've never met a larger group of gamblers in my life than the Chinese. They seem to live for it. I think Bitcoin seems like a huge game of Pai Gow to them. They're gambling with Bitcoin right now and seem to be winning. As long as they're winning they'll probably continue doing it.
1720  Bitcoin / Bitcoin Discussion / Re: Blockchain is the Trojan Horse that will push Bankers and Investors finally to Bitcoin! on: December 10, 2016, 03:36:10 PM
Finally, after this blockchain hype we see right now, attracting so many thinkers , projects and budgets, many of the intelligent will finally debunk the real power of bitcoin itself.

If this is because of its feature to be a mostly uncorrelated investment class, a money transfer system or together with Rootstock on top some smart contract / dapp enabling super asset, who knows?

I say it will.

 Grin

The most important asset any company has, regardless of the industry that company is involved in, are its records. From real estate to high tech to banking your database is your lifeblood. A businesses database holds a record of every action that company has ever performed from its core business to its payroll processing and everything in between.

Companies are always looking for a better and more secure database. One sloppy or malicious employee, virus, hacker or equipment failure can ruin a company. Information technology departments religiously backup data and ensure that company employees have unfettered access to the information they need to keep the company moving forward.

The research into Bitcoins Blockchain happening all over the world has nothing to do with any anarchistic/libertarian wet dream. Companies are not looking to be on the forefront of a new world order or a government destabilizing new money. They simply want to find out if this new distributed database system can keep their records safe and accessible. The research into "Blockchain technology" will have no positive or negative effect on Bitcoin whatsoever. It may however make the companies that use it stronger than they have ever been before (that includes banks and governments too).
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