... Now you have to remove all metal objects before you go through these scanners, and they scan your items... so there are virtually no way to get past them. I'm not so sure. What scanner could discern a solid Iron pen form a solid gold pen? They would both be visible as a silhouette, but the scanner operator could not tell what the object is made of. Just don't melt it into the shape of a pistol. lol I presume different metals would have a different signature under X-ray? As gold is super dense it would probably show blacker than other metals. Have you ever played with metal detectors? They have a feature called "discrimination". You can actually make it more or less sensitive to certain metals. Yep, that's my understanding as well. The gold would "glow" more (or be blacker) than anything else the TSA guys see that day. Pretty hard puzzle, eh? Like I wrote at the O/P, I have thought and thought without arriving at a good procedure. How do you get the gold onto the plane?Let's say 20 oz, a real amount. After all, I have brought about 1.25 oz in small coins w/ no problem, no detection in an old-fashioned coin-purse thing (like you see for sale at tourist traps). I see what you guys are saying and I do have a metal detector. It makes sense that a discriminator could find gold. However I'm not sure that those TSA machines are able to do this. When I try peeking at the TSA screen (we all do this I assume) I see only the shapes of metal objects. Something that would catch a handgun but could not tell you what kind of metal the gun was made of. I don't really know and I would not want to find out. I like the coin purse Idea. Maybe you could put a shot of copper paint on the coins first? Then a little acetone to clean them up.
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When the NSA tries to crack something they do the same things that any cracker does. Typically they are trying to crack passwords or get inside a site to elevate their privileges. So they look for low hanging fruit like stupid users with short passwords and poor practices. They run a dictionary at it then brute force it if necessary. But they do not have some kind of alien technology and are in the same boat as anyone who wants to get it. This has little relationship to bitcoin, IMO. Because breaking a password may allow access to some individual wallet, but not to all wallets.
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Why you do not like the fast increase in bitcoin ?
Because fast increase means heavy drop and long long bear market because so many people get burned and run away from crypto. Amen. I would rather see a long slow increase. IMO, the boom and bust cycles hurt adoption and utility. Although we may never be able to do anything about this.
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I don't actually know, but I assume not. If I understand correctly that would expose the exchange to intolerable risk.
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it is not the Ponzi scheme Ponzi gets way overused at these forums. But I assume you are paying incoming "investors" with money from previous investors. That is exactly what a ponzi is. Or are you doing something different here?
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... Now you have to remove all metal objects before you go through these scanners, and they scan your items... so there are virtually no way to get past them. I'm not so sure. What scanner could discern a solid Iron pen form a solid gold pen? They would both be visible as a silhouette, but the scanner operator could not tell what the object is made of. Just don't melt it into the shape of a pistol. lol
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Could you post the Tx ? It may help us to see what the status of this transaction is.
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Quite a "crash". It was about $430 when he warned us. Now it's down to a meager $454. Quite a crash indeed.
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Nice joke there are other options to prevent chargebacks Really ? Please inform us about the ways to prevent chargeback I am only aware of escrow. Is that what you mean OP?
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Would this be news if they were bought with Euros?
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Melt and cast it into an everyday object? Make belt buckles, lighters, pens etc.
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Thanks for all your input guys! Some good stuff to consider in these posts. I have been away for a couple weeks, but I see things have been moving here. After some consideration I am going for a harder target, Iceland.
Iceland has a big advantage in terms of mining. Very cheep energy and cold weather could help Iceland to become a global center for mining. However the government there is quite shy about international finance. The 2008 market collapse was a disaster for their economy and they passed a bunch of laws that make it unfriendly to bitcoin.
I'll be in Reykjavík at the end of this summer and my plan is to show tour operators how bitcoin could benefit them. I also plan to meet with someone from the finance ministry and present any findings to them.
iceland is already very bitcoin mining heavy. its not as negative as you may think https://www.youtube.com/watch?v=VDK90WWh8Ckhttps://www.youtube.com/watch?v=7A-mcSOGolMhttps://www.youtube.com/watch?v=X5A8E7yMt2E(i could keep going but google has the answers)atleast you will meet lots of people already doing it, but it seems your not bringing anything new to that country in regards to mining.. but maybe just trying to lobby retailer acceptance should be your concentration instead of mining. I think you are spot on Franky. I was only leading with mining because they are uniquely positioned to be a dominant force in that space. And what country of 300k does not want to be a world leader at something? As you point out, the real battle is retail. That is especially true for a small country with it's own currency. Icelandic Króna are useless outside of Iceland. It would be great to use bitcoin or have an ATM at the airport for dumping Króna on the way out. Otherwise you are inevitably stuck with $20 worth of monopoly money. Iceland is working hard right now to develop their tourist industry. I'm going to try showing them the advantages of allowing tourist to pay with BTC. In the mean time I have a lot to learn about Iceland, it is a weird place.
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Thanks for all your input guys! Some good stuff to consider in these posts. I have been away for a couple weeks, but I see things have been moving here. After some consideration I am going for a harder target, Iceland.
Iceland has a big advantage in terms of mining. Very cheep energy and cold weather could help Iceland to become a global center for mining. However the government there is quite shy about international finance. The 2008 market collapse was a disaster for their economy and they passed a bunch of laws that make it unfriendly to bitcoin.
I'll be in Reykjavík at the end of this summer and my plan is to show tour operators how bitcoin could benefit them. I also plan to meet with someone from the finance ministry and present any findings to them.
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I'm feeling secure in bitcoin's future here in the USA. But what about the rest of the world? Could I get anywhere with countries in Africa? Or what about places that have laws restricting bitcoin, Perhaps I could convince them to be more welcoming. I'd like to take a diplomatic mission in 2016 with the goal of helping BTC adoption in a place that is struggling. I am not sure where I would be most effective though. Does anyone here have a suggestion of a country to visit? Perhaps you have contacts in your country that would help, or you are getting nowhere in your country and think something like this would help. What do you think?
EDIT: Going to Iceland!
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What if all the governments in the world banned drugs? Would we live in a world without drugs?
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I'm surprised. Tiger Direct is a major player in PC parts. I guess NewEgg is the big winner if T.D. goes under. Fortunately they both take BTC.
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I think you are still fighting a battle we have already won. Its to late to put the genie back in the bottle and payment will never be the same again.
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Nothing is stopping me. The war is over and we won. I don't care why other people are missing out.
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Wow, that's a cool toy. I can't keep up with all the new stuff being developed anymore.
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This might sound crazy but do you ever imagined yourself playing with an arcade cabinet, with the ability to pay with Bitcoins instead of a quarter? (0.25 usd) I have been looking for such machine that would serve that purpose, but I can't seem to find it. It will be real fun to play some of the arcade classics with your BTC. Don't you think? Bitcoin isn't the most suited for this use case because of the long confirmation times. Can you imagine adding a credit and waiting minutes just to start your game. I'm not sure that is a problem. The machine could just proceed with zero confirmations. If it is a double spend, well... so what? It's $0.25 and the machine really looses nothing. You could even code it so that if it comes back invalid the game ends. McDonald's does this with credit cards. They have no idea if the card is legit before giving you your food. However creating a fake credit card transaction costs more than your meal, and so they take the risk with each sale. With Qualcomm's new 21 bitcoin chips I think we will see lots and lots of stuff like this.
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