Though the practical implications of this may be small, this is an important symbolic milestone.
It's surprising that California was the first to do this...

As someone finishing development of an HTML5 wallet targeted at Apple users...
Fuck.

4. People buy new iPhones with bitcoin

They didn't even integrate their logo. It's bitcoin top and bottom. A real class act, BitPay.

briefly: it's impossible

"The value of the Euro is guaranteed by the ECB"
LOL

I fail to see much of an advantage to this solution, when they could instead set up your own clone of Silk Road, add multisig, and match OpenBazaar feature-for-feature but have total control over the development process. It seems like this is what they'll end up doing with  their time if nothing changes.

Until something is done about this, I'm going to keep thinking that they don't have a distributed platform, they have an open source platform that many individual organizations will run on their own, that don't really talk to each other or persist data in a trustless distributed manner as does Bitcoin.

OpenBazaar needs censorship resistance, and trustlessness, or it will be subject to the same fate as Silk Road. MongoDB running on a couple servers just doesn't cut it.

I get that this is an awesome thing, but so far I'm not impressed. Everyone loves to hype their latest invention as being "distributed" and "decentralized", but the fact is OpenBazaar is using a local MongoDB instance to persist data. According to their GitHub repo, the only suggested improvement to this is a switch to SQLite.

How can they possibly consider this "distributed"? DB exists only in one place at a time unless it is copied manually to other servers. No matter what, they'll have to involve a trusted third party to be the steward of the all important DB. Bitcoin solved this problem with a blockchain.

Great, but I think there's a reason why energy flux (energy per square meter per second) isn't denoted as kg per cubic second.

When I can deposit to a slot in vegas via bitcoin... its all over.. I'll be officially broke

"However, exchange rate losses can quickly cancel out this advantage." This part shows they haven't made the mental leap why bitcoin holds global value and over time it is likely this issue will erode. You'd think the fact that the value correlates precisely in line for USD/GBP/EUR fiat currencies 24/7/365 and not randomly volatile for each fiat would be the light bulb moment on why they should be looking to embrace it.

This title is wrong! He is actually quite positive about cryptocurrencies but rightly mentions most don't know how they work. It isn't on their radar yet.

In Spanish, the only crypto I would say is feminine is Litecoin. I would say: "yo compre una Litecoin" or "yo tengo muchas Litecoins". For all the others I agree that they would be in the masculine tone, even Doge.

Hmmm interesting that they are leaving out the US. Does this mean they seem to think it is not legal there?

Are you kidding me? American media are full of shit of course, but RT is something from the highest, unreachable level of lying.

Just wanna ask, does the documentary also talks about the whole logic on Bitcoin? We would like people to watch the film, esp not Bitcoiners. And except from what is the history of Bitcoin, we need them to learn the full logic and sense of what Bitcoin is, how it works etc. So that it can suits Bitcoiner and other people who doesn't really know Bitcoin.

Since your videos do seem popular however, maybe I should give them a chance.

Bitcoin has value because bitcoin has utility. Eric V did an interview where he stated this very well.

I have not watched all your videos... in fact I only saw part of the third video. Once you started saying that things do have intrinsic value I stopped watching. Nothing has intrinsic value, value is subjective.