There was an article recently (link below) where someone says their family, who lives in Silicon Valley and has a household income of $250,000, is middle class. I'm familiar with this geographic area, how much it costs to live in the area, and how much people are paid and I believe that income level IS middle class for that area. But this person received a ton of negative response from people regarding the dollar amount of the income (and seemingly disregarding the cost of living in the Bay Area of California). Do you think a household income of $250,000 is middle class for the San Francisco area? For California? For major cities in the US? http://finance.yahoo.com/news/university-michigan-student-insists-earning-183000778.html |
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To ISIS bitcoin was created by infidels, they'd never use it...unless of course they were planning to lose the war for the end of the world (which is what they're fighting for.)
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People are being mugged for the bitcoin in NYC?!?!
It's official, Bitcoin has become peers with cash!
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Interesting that they are treating it like a stock..
They treat it like a currency. Of course they have to add it to their ticker symbol list after this week's Inside Man episode! They need to appear connected to their news! |
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I kind of liked it... some of the things that could have been improved is : 1. The way people can buy BTC - The stock exchange guy scene did not do it for me... A Bitcoin ATM would have been better. Overall a positive experience.  This is a great point. The "floor of the exchange" approach was good for TV but it did make it seem difficult to buy bitcoin. Are there any ATMs in the US yet? I thought they were only in Canada (among North American countries). |
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This whole thing was a joke. If you look at the addresses he used in the coffee shop, they literally have 2 transactions. They havent been used since filming, it was a BS thing.
That's one transaction? Was his trip to the Bitcoin Center of New York a joke? Was his talk with Andreas a joke? Was his other transactions - pizza shop, massage joint, Brooklyn bodega, also "a BS thing"? |
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The episode was good. Watched it with family, who know I've been into bitcoin, and they're asking a lot of positive questions about it, which is great! And even better is that Morgan answers those questions.
Spurlock does a great job keeping an objective, balanced perspective. If the episode has left Bitcoin (and the community) in a largely positively light it's because Bitcoin is a positive thing!
I'm glad Spurlock and CNN put this in the spotlight.
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Here's the problem, if I operate with a bank and they close I lose my BTC. If I operate as my own bank and have a wallet on my PC and get hacked I lose my BTC. If I operate as my own bank and have a paper wallet and it get lost or stolen or destroyed I lose my BTC.
I can't win. I can't remove the risk.
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you would have to borrow some.
WE all know how the FED works here.
You can't borrow, you own all the pennies. No one else has any to loan you. |
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I guess you had better stamp-out some more pennies! As the US Mint, they know how its done!
But they don't do it to enable banks to loan more money or to enable debtors to repay their debt...not explicitly |
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I just created 100 pennies and I loaned them out to you + interest… How is it possible for you to pay me the 101 pennies you now legally owe me if only 100 pennies are in circulation?
It's not possible until you create more pennies. Is this supposed to get us thinking about the big bad evil banks? If so, your implication is misleading. |
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Wow, i'll be shocked if you get any buyers. You'd do better with an auction.
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what are your main sources of Bitocin/Crypto news? or wich would you recommend? youtube, twitter, http, rss, etc edit: plz specify links. might help me and others, specially newcomers  thanks in advance Youtube, twitter, http, rss, etc. aren't sources they're channels or mediums of media. They're ways to consume news but they don't create it. Sources would be Coinbuzz.com, Coindesk.com, which can be found on the web. |
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To reject all fiat these companies must ONLY accept payments in and pay their expenses with bitcoin - do all of these companies satisfy that requirement?
I doubt it.
The economy isn't large enough yet to be able to completely abandon fiat.
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Tonight is not the premier, the new season has been on for a couple of weeks now. |
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news hype as usual without content being ready
The content's been ready long enough for CNN to write an article about which is where Coindesk got their information from. Why do you think this is just news hype? |
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The website orders will only be fulfilled as a group order, how many orders are needed?
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If they aren't happy they should protest...keep it civil but loud and persistent.
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Banks don't exist to be the wealthy, elite organization, it's a consequence of running a very successful business. You're not required to do business with banks. You can keep your money in your home, in cash or gold or some other fungible asset. You use a bank because it's convenient and provides security for you (insurance if your money is physically stolen.)
The same convenience exists within the bitcoin world, see coinbase and other companies that offer bank like services. If these companies do well they will become wealthy. Will this cause you to shun these organizations? Will bitcoin then become the "elite evil' that you see in banks?
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