I'm looking for something like this:
Cash Gold Bitcoins
Instantly transportable worldwide YES NO YES Giant online transactions possible NO NO YES Small online transactions possible NO NO YES Impossible to inflate NO YES YES Fast transactions across borders NO NO YES Unfreezable account NO N/A YES Private online transactions possible NO NO YES Not confiscate-able NO NO YES Etc...
Bitcoin has such an overwhelming host of benefits that it's easy for people to be incredulous or forget about them in the confusion they encounter when evaluating the concept. It may help adoption to have a handy table like this so people can see all the heavy-hitting points in one place.
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Currency de-valuation means de-valued relative to other currencies. It doesn't affect people who deal only in that currency beyond the price of imports going up.
Cantillon effects.
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This is a major IT training site and they seem to have produced a lot of BTC-related content that could help businesses feel more comfortable dealing with bitcoins. Could be rather significant.
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If governments ever start tracking the blockchain to ferret people out, while LTC is still under the radar it could serve as the ultimate BTC "tumbler" and might cause LTC price to slightly explode.
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Written by the former editor-in-chief of the Mises Institute, this is an excellent article and significant for libertarian opinion.
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75% probability of $0.
25% probability of $10,000+.
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Tony makes a great analogy between communication walled gardens like AOL vs. Prodigy and payment walled gardens like Paypal. I predict that the most effective analogies will keep returning to the fact that bitcoin is just communication (blocking it is just censorship).
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Make several slight variations for different audiences: newbs (smartphone, no mining, BitcoinStore/WordPress), merchants (ala today's CalvinAyre article), investors (emphasize market cap, appreciation, venture capital, etc.), libertarians, gamblers, and maybe even prospective miners (to strengthen the network). Each can be sold more effectively by tailoring the message appropriately.
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When I checked my Instawallet address on blockchain.info, the 0.5BTC that had been in there had disappeared. With the rising price and the RoR flaw, perhaps a hacker found the timing right to collect all those stray coins?
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Curious why is this thread still in the bitcoin discussion thread?
Shouldn't it be moved to the Marketplace? Or service discussion?
Because being able to buy 500k+ items with bitcoins is a very significant development for Bitcoin. LOL right...so then every other development for bitcoin should be listed here. Your logic makes no sense. Where is the cut off for being a "significant" development as opposed to an insignificant one? Even if the cutoff were ten times lower, BitcoinStore would still be the only one here.
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Is he meaning to endorse Bitcoin here? If he is, it would be major ammunition for libertarian audiences. Unfortunately, whether coincidental or not, the photo isn't clear enough to tell it's not shopped.
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Thousands of character choices versus - what - 62 choices for alphanumeric characters... how much shorter could addresses be?
对馬訂書釘電池?
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Centuries' worth of bad economics is finally coming home to roost, all squeezing through a tiny hole called Bitcoin.
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I agree he dismisses that, but he makes a good point about SNS integration.
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Guys Guys! I've found the answer to all our questions. Just look at all the similarities! It's going to happen all over again!You can thank me later So up to 25 and then settling comfortably down at 20 for consolidation?
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Nice job so far!
Correction: CryptoXchange has shut down
Addition: The Bitcoin Store! By far the most impressive and mainstream-friendly answer to "what can I do with bitcoins?"
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Asking if a government will create its own cryptocurrency is like asking if a goverment will create its own *new* version of TCP/IP (right now).
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Bitcoin is a viral phenomenon, and reddit (and 4chan) is the perfect place for a viral phenomenon to blast off. But it needs to fit into the culture, and that's where the name "internets" comes in. Now to officially call them "internets" would throw cold water on the meme; it should never look official or like it was a deliberate attempt to engineering a meme. This is simply a prediction that this meme could take off, also because eventually Bitcoin will be as beloved to the reddit community as the internet itself. It is the currency of the internet, and like the internet it is a phenomenon of natural order, growing like an intrusive vine whose tendrils inexorably burrow into establishment structures and reduce them to wreckage.
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