I noticed Amagi started selling 1921 Morgan dollars, advertising them as "1 Oz"

https://www.amagimetals.com/morgan-dollar

Unless these are reproductions in a different size, they are not 1 ounce. Morgan dollars are .859 troy ounces total weight, which at .900 fineness is .773 troy ounces of silver. If they are reproductions this should be noted.

Until the sun rises in the west and sets in the east. Until the rivers run dry, and the mountains blow in the wind like leaves. Then bots will profitably guess private keys.

I agree with this. Primarily the issue of anonymization - if someone had a Bitcoin clone that was completely anonymous (perhaps integrated Tor, along with making it impossible to track the flow of money from one address to another via the blockchain) it would take over. Even more so if mining of that currency was most efficiently performed on a standard computer processor, which would avoid mining centralization.

All the people saying that a government auction of Silk Road seized Bitcoins won't affect the price of Bitcoin are wrong.

They assume that the people buying Bitcoin at government auction would not have bought Bitcoins otherwise. This is almost certainly false in the majority of cases. They are mostly people who want to buy Bitcoins, and decide to buy them at the government auction instead of an exchange. This means fewer bidders on the auctions, which will drive down the price.

There is absolutely zero chance that the Chinese government will link their currency to gold. China has been following the policy of driving down the value of their currency in order to promote exports for a long time. Linking their currency to gold would have the opposite effect.

Bitcoin is not legal tender anywhere in the world.

It's a common misconception that "legal tender" means that it's something that is legal to pay someone with (and thus that something that isn't legal tender is therefore illegal to use as payment). But in all but a tiny number of countries it is legal to pay anyone with whatever legal-to-possess things you wish. Trading/barter is generally legal.

As others have said, legal tender means that it's a form of payment that cannot be legally denied in the payment of debts denominated in the same currency. i.e. if you owe me one hundred US dollars, and you present me with a US $100 bill, I cannot say "This is no good, I need you to pay me in pre-1965 silver half dollars." I can't insist on that since a US $100 bill is legal tender.

That's fantastic, but I can't see anywhere on your website or in the checkout screens to enter a coupon code. Where is it?

Edit: I found it, you have to go to your cart without first clicking Checkout. The code worked for me.

Clicks


Gimme five clicks.

Is that correct - 0.021% ? Meaning if you place an order for $1000, the Bitcoin fee is 21 cents ?

I love you guys.

Do you plan on getting Britannias, NZ Kiwis, Philharmonikers, or any other 'exotic' national silver bullion coins in? I've heard the UAE now has a coin? I'd like to start collecting for every country that has them.

D&T is right, their logic on that fact doesn't follow. But they could easily and more accurately say that courts need an official form of payment for damages and reparations to be made in when there is no more direct form of compensation. For example if someone breaks into your house and destroys a unique painting from a hundred years ago, a court can't order that the defendant give him back another like painting because one doesn't exist. The court has to have some kind of default means of payment, be it dollars or gold or Bitcoin.

Brand's interview was babbling idiocy. A revolutionary who has absolutely no idea how to do anything to accomplish his goals other than 'a new system.' Well gee, asshole, what makes your system any better and not worse than the system we have?

There already exist political parties who want to tax the rich more and give it to the poor, and who want to pass more laws protecting the environment.

I want a Gmail replacement with a few gigs of storage, without ads or without anything that reads my emails, run in a country that is outside the reach of United States National Security Letters (Iceland? Switzerland maybe? Ecuador?) And I'd really prefer a reputable entity running this.

I'm willing to pay for this in Bitcoin. Does such a thing exist?

Another fantastic experience with Amagi. You guys are the best.

1. They don't.

2. They will know he (or someone else) has a backup/brainwallet if the 600,000 bitcoins show being moved one day on the blockchain.

What is the status on tenth ounce gold coins? Are they coming in any time soon? (especially Am. Eagles)

The network hashrate has quadrupled in the last month. The price of Bitcoin has remained relatively stable.

Therefore, it is proven that the Bitcoin price does not necessarily follow the hashrate, and thus the basic premise of the OP's article is wrong.

It may be too late to change this, but I think the most useful configuration would be to move the decimal point six places to the right. 1,000,000 New Bitcoins equals one old Bitcoin. The most common unit would be the KBTC = 1000 new Bitcoins = .001 old Bitcoins. There are still two decimal places left, just like most currencies.


1000KBTC = 1 old Bitcoin.

$20 USD = .154 old Bitcoin = 154 KBTC.

$100 USD = .77 old Bitcoin = 770 KBTC.

It is much easier for people to think and talk about thousands of something versus thousandths of something.

I could understand either demanding the Bitcoins back or demanding the dollars back, as long as they keep a consistent upfront policy.

Same thing happened to me - I contacted support, they asked me for a screenshot, then they told me to try again later. It worked later.