Hi,

I think these are only weak signals... We are far from a world in which you can use bitcoin on a daily basis but.. Indeed, the community is growing and even traditionnal institutions are trying to grasp something for themselves...

However, I would not be too happy here.. USA voted here the end of "neutral" Internet, which means that from now on, if you pay more, your content can reach customers more quicky. This means that such forum may be harder to reach, it may be harder to collaborate on t if your IP is in the US.

So beware of too great expectations!

Hi,

That's an interesting piece of news.. The fact that employees can chose if they want to receive bitcoins or not, is great.

However, for the few who will accept to get their wage in bitcoin... What's next? I mean, are there dedicated ATM machine delivering yens for bitcoins in Tokyo? Do bars, restaurants, and so on accept bitcoin?

I understand, someone must make the first move.. The problem is that, if infrastructure are not in line with the offer; then the employees of such company may soon think that bitcoin is a scam.

Anyway, thanks for sharing!  

I think that indeed it helps the community to grow...

Many people are only taking information from traditionnal media, mostly TV. So it is good that such media talk about alternatives, even if their presentation is generally very vague...

It helps the community to grow.. Even if most people just make few trades and then sell bitcoin to get their dollars and forget about it.. It also means that bitcoin can no longer be simply ignored.

Great news, right?

Hi,

This means that... Well, South-Korean bitcoinners will invest in VPN!

I mean, South Korea is completely freaking out of its northern neighbourg (and I can understand that)... Seriously, if you try to make an itinerary on Maps it is impossible.. Just because South Korea wants to protect it territory from the North.

So actually... this decision is logical and changes nothing. 

Hi,

A cashless wolrd should not be feared in fact. Small businesses and "poor" people are used to using cash because it costs less than gettng a debit/credit card emitted by a bank.But for the bank, such emission costs nothing. They want us to believe so that they can charge our account with complete crazy fees.  Maintaining an onlne system is costly if you consider the overall bill. If you divide it into all users, then it is nothing.

Then about surveillance. We are quite lucky in fact because bitcoin holds it own auto-vigilant system. You cannot lie with bitcoin. Well you can ut not about your transactions. Many cities are setting up system of video surveillance but you know what? It is useless. It changes nothing in terms of infractions.

So we should stop thinking we need some kind of "authority" to vigilate our actions. We can do it by ourselves, we can get rid of banks!

Hi,

I don't remember exactly how it started.. it was quite long ago!
Actually, I think I heard about bitcoin through articles on several websites... I knew it for quite a long time but I had earned my first wages.. And I felt I could use them as I anted, what I would never have done with my parents' pocket money..

So I started. At that time, I could actually buy 1 bitcoin.. It was not so expensive. And I discovered such a large community, so many opportunities.. I was baffled. Then, as many amongt us, I made mistakes,  had some bg wins and huge losses... But anyway, I was infected. And here I am, still playing with bitcoin! 

Hi,

I am not sure it has any effect..

I mean, can you tell exactly why the bitcoin is rising or going down? There must be many factors involved, but it is so hard to grasp the extend to which it affects rates...

Then, we are talking about the FED. The actions of such institution have effects on many people, in a country (the US) that is generally considered as the ruler of the world. So actually any decision taken by the FED, and more specifically those which have direct effect on money, should be a concern for anyone.
However I think we are talking here about two separate worlds. I highly doubt bitcoiners are scrutating FED decisions on a daily basis and I would be very surprised to learn that the FED is trying to get involved in bitcoin (n its own name I mean, sure they are trying to understand it but since bitcoin grants no overall control, they cannot admit it for now).

Actually, what's your opinion about that? I guess you have ideas about it, as you started this topic?

Hi,

If you are asking about potential real-life use of bitcoin… well it is not exactly the future. There are places (bars, hotel) where you can actually pay with bitcoin. Though, I must admit you have to look for it ahead, chances that they are at the corner of your street are really low…

For most government, the official reason for not dealing with bitcoin is its volatility. Prices are changing too often, so it is not a “good” currency.  Truth is that bitcoin rates cannot be controlled and no government is ready to face a currency upon which they have no control.

Maybe this sounds like a conspiracy theory, but this is the simple truth. Bitcoin doesn’t offer enough control according to large institutions… but it is exactly why it was created in the first place! 

Hi,

The war is not against cash, it is against those who control traditionnal currencies. The problem is not the dollar, the euro, the yen, and so on, the issue is actually about large corporations, huge banks and corrupted government that can decide of ups and downs for a given currency, making many people unable to pay their rent or repay their loans.

The current problem is that the capitalist system has completely differenciated the notion of "value" and the correspounding thing/service. So today, something can be really expensve even though it does not really has a big value.

I guess that this is what the article is all about. Traditionnal currencies are not a problem, those who control it are. And bitcoin allows avoiding to have only 1 person in control!

Haha,

This is more a dream than an accurate forecast, you know?

People buying bitcoin now are trying to invest in something new. For most of them, this investment will fade away through unlucky trades, gambling or scams. For some, though, it may be a source of profit if they manage to keep it. But for how long? Can we be sure it will rise?

Sure, trends seem to be in favour of such theory, but it is not that simple. And even though we manage to build a new useful currency worldwide, fiat currencies won't disappear in the blink of an eye. So bitcoiners are not going to eliminate millionnaires and large families owning corporations.

Bitcoin is not a shortcut to being rich, it is much more than that. It is a new way to think money, in order to get rid of those who currently own the world. But it is not a simple path, it is rather a dream of freedom!

Hi,

I think that for the moment there is no effect on the economy.

The good point is that traditionnal medias start talking about bitcoin.. even though what they say is generally more of a general vision than a real explanation of it..

Still, some visibility is good.

Then, some majors economic players are starting to worry about bitcoin. As long as it was a geeky field only, it was ok, but if it spread, then it may be a threat for traditionnal banking. We are still far from that point but.. On step after the other, we may be able to change things!

Hi,

These are in fact two different things.

On the one hand, with more people involved in the bitcoin community, chances get higher that business models are developped, making bitcoin useful even in everyday life, for daily shopping and so on.. This is one advantage of getting more people involved.

But this word is important: involved. If there are many people merely trading bitcoin for short-term profits, then it doesn't make the community stronger.

And last, on the other hand, bitcoin can collapse even though 1 human being out of 2 on the planet has a wallet. Banks can disappear even though they have many customers, it is just the same here.

In order to make bitcoin sustainable.. well you have to act accordingly. Avoid short-termism and think broader. 

Just one simple question (instead of asking yours  )

Have you taken into account the cost of electricity? Settng up mining operations was interesting but today in most coutries, it costs actually more to mine (in electricity charges) than you receive through the blockchain. So are you sure of your potential profit?

You know what?

After crypto bubbles, as after any real bubble, nothing changes. New ICO are created, forks are decided and designed but not necessarily implemented, people trade, gamble, win and lose...

Bubbles are frightening people and this is quite understandable if you consider that real bubbles can actually tear up lifes appart. In the bitcoin community, though, there isn't any institution controlling everything and making profit over others' losses.

So if a bubble happen to burst, some will win money, other will lose, but no one will intentionnally destroy people's life for some micro profits, unlike what banks did in the US in 2009, 2011, 2013, and so on...

Hi,

It is indeed hard to tell. There are actually many people in similar cases as yours, thinking "ho god, why did I "throw" my bitcoins, it would be so worth selling it now"
Do not overthink over the long term. You cannot be sure you will win over large periods of time. What you can do is buy when btc is at 14k, perfectly knowing that 2 days (hours?) ago it was 16k. So when it bounces back to 16k, you know you have made a potential profit.

You will not make the highest benefitts, but it is the safest solution I see if your goal with bitcoin is only to make some money.

I understand your point but...

Unlike Playboy, bitcoin is not trying to sell something tangible. It is a new kind of service and it was designed to allow users to remain anonymous. Celebrities boastng with bitcoins are actually in total contradiction with bitcoin principles.

The community is growing, bit after bit. We are developping new business models, more services.. We don't have to get ad the way large companies do. Bitcoin is an opportunity, not a billable-advertisable thing!  

This posts reminds me of another one about an AI creating artificial hell to punish all those who didn't help for its creation...

I don't believe in such theories. I understand they can seem pretty and interesting. We all have seen Matrix, here again, it is credible.

However, even if that was true (I have no proof of the contrary, so let's admitt it), what would change for you? Is it that important? Is bitcoin more/less valuable if it was created by a machine?

As long as it exists,  don't really care who invented it. But I have a profound respect for the mind who thought about bitcoin in the first place; be Satoshi an individual or digital mind! 

Hi,

This isn't true... but this isn't false! 

Actually, the number of people registering doesn't directly affects the lifespan of the bitcoin. Though, what is indeed true is that, the more people involved, the more ideas and business models are developped.

The bitcoin will not die as you can understand it for real people. But maybe at some point, people will stop using it and the community will disappear slowly... So indeed, with a large number of people involved, we prevent its "death". But it is not that simple.

If you want bitcoin to be strong and to remain part of our lifes, then instead of just buying/selling, try to see further.

Hi,

The trend is upwright and it won't change as long as bitcoin is created. It is logical to have some small drops from time to time but indeed, the value of bitcoin is ncreasing. It is part of the inner way it was thought in the first place!

So indeed, the cap will increase and so will prices. Don't ask "how much", nobody knows! 

Hi,

The fact that this exists is.. good, indeed. Though, the problem is that such card may not be accepted for daily use...
You know, when you buy something with your credit/debit card, the machine "checks" what's on the card and sometimes the amount available on the corresponding account.

So, if you use bitcoin debit card, most machines won't "understand" it.. Because I guess that most shops are nt equipped with machines designed for accepting bitcoins. That's quite logical, the shop owner may not even know about bitcoin, so he doesn't want to get some!