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As a rule of thumb, most big things online are invasive. Amazon and Facebook are awfully invasive. I've never shopped at Amazon, and I never will. I'm not on Facebook, and I won't join ever. Regarding exchanges, I guess I've been lucky, because I first used more than 2 years ago, and there were less invasive back then. The solution, what I'm really waiting for is a shop. In big cities, you can buy foreign currencies at the counter, and that's where I'll appreciate to buy BTC.
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Is this monopoly money? Who wants that?
I, for sure, would never accept to be paid by a Greek IOU.
What is really going to happen is that all these Greek IOUs will end up back with the government in the form of taxes. The Greek government will have to pay bondholders in Euros, but they will have only these IOUs. They will regret the day they introduced them.  those IOUs would be sold for euros man. The idea is like tax prepayment at a discount. of course that is one time effect It's been said many times that there are problems with tax collection in Greece, so those IOUs do not look like a good bet to me... |
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Greece may get some help from Russia, but I wonder what Russia will ask in return. Nothing's free.
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There will always be banks. Most people need a credit to buy their home.
So the people that have no bank accounts have no house. I like that logic. It's obvious that banks can't be removed, at least not easily or quickly. I'm not ironic. You can own a house without having a bank account, many people do, actually. The issue I'm raising, is to how to get credit. Credit isn't needed in your daily life, but most young families would not be able to buy a house without a credit. Now, how to get credit without a bank? |
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Closing tax havens? How about doing it the other way, and closing tax hells?
I love tax havens.
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I've got that. A house in some kind of a desert.
No electricity, no water, no mobile phone connection and no Internet. I'm going there from time to time, staying till the supplies I've brought last. I've never been there more than 3 days. It would take a huge budget to give the place the comfort of a modern home. Satellite Internet doesn't come cheap, and it's very far from the speed and reliability of a cabled network. Growing food or any plant is impossible on the land.
You have to look at US' history. There were big settlements where the land was fertile, and water plentiful, but very few in the desert.
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It's just like a credit card! Some cards have a withdrawal limit upwards of $10,000. Only cash is regulated.
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Is this monopoly money? Who wants that?
I, for sure, would never accept to be paid by a Greek IOU.
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I tried mining more than 2 years ago, but it was already too late for hobbyists. I gave up after 24 hours, it was just useless. I then tried faucets for a while, but that didn't prove to be an effective way to get BTC, so there was no other choice but to buy, and that's what I did.
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Sometimes, I hate BTC. It's awful that each time there's a big transaction, there's someone to report it. What about the right to privacy?
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There will always be banks. Most people need a credit to buy their home.
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What are you trying to do? It's certainly possible to hide some money with BTC but that won't change your debt.
About your salary being paid in BTC, don't think about it, it would not work. Your employer will keep you on its payroll, so nothing would change. There are many ways to hide money, but you can't hide a salary from a regular job.
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BS calls for more BS, so I think the Germans should ask for a payment for running the country during WWII. Greece was much better managed in 1944 when the Germans were in charge than anytime since then. What exactly do you mean by "better managed"? If that means killing a significant portion of the country's population, and looting the national treasures, then no thanks. Greece is much better badly managed by the Greek politicians, than "better managed" by the Nazis. I was joking, of course, but considering Greece went through 2 dictatorships and one civil war during the last century, Greek politics and management is hardly a model to anyone. |
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a/
They want to make money with it.
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Well, I certainly don't like the idea, but California is getting drier and drier. Something must be done, and making people consume less of it makes a lot of sense.
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BS calls for more BS, so I think the Germans should ask for a payment for running the country during WWII. Greece was much better managed in 1944 when the Germans were in charge than anytime since then. |
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I got money in Cyprus bank but it's in North Cyprus. There's also the biggest Btc Exchange in Turkey which is registered in Cyprus.
I would never use South Cyprus banks even they lift capital controls though. If I want my income to remain anonymous about my fiat money I prefer Swiss banks.
I remember economic crisis helped Bitcoin's peak in April 2013. There were so much drama in Bitcointalk about frozen bank accounts. Tough days for some people. It's good that it's over now.
A bank from Northern Cyprus? I don't see that as safe since this country doesn't even exist in most maps. Do they pay interest on your savings? Are SEPA transfers cheap? I won't open an account there, but I'm just curious. |
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An automatic escrow may be nice, but what people want is an escrow they can trust.
How do you build trust on something automatic?
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Met a guy a few days ago, he told me he heard about BTC but he didn't quite understand how it worked. I guess I could have tried to explain (though, I'm hardly qualified for doing this) but I chose not too. Why explaining? Do people need to understand BTC to use it? I don't think so.
This very day, millions of people have been using a microwave oven, but I bet only a handful actually knows how this appliance works. I've read an article telling that millions of Americans are using Viagra. Everybody knows what it does, but who knows how it works? Same thing for computers or cars, most people don't know how they work, and they just don't care.
From now on, I propose we stop trying explaining how BTC works to people discovering it. The nerds already know about it, but to the general public, technology is not important. It's what you can do with technology which matters.
I shall just say that BTC is a new electronic currency, independent from all governments, which you can transfer safely anywhere and anytime fast and cheap.
i'm quite agree with you. when i try to explain bitcoin it's very hard to explain to my friends. especially about technically how bitcoin works. and finally i figure it out that the easiest way to explain bitcoin to my friends is the benefit about using bitcoin rather than explain how bitcoin works. Good, that's the way it should be. After all, when you learn to drive, nobody' teaching you how an engine works. |
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Any exchange in Belarus, Macedonia, Montenegro, Georgia, Moldova, Armenia? I'd say most African countries don't have any exchange, then, there's Asia.
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