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If some serious journalist wants to anything like that, I suggest he should post a picture of his business card.
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Merchants just want more sales. If BTC can bring more business, it's good. Besides, I guess it's quite fashionable too, and it doesn't cost much to implement, so let's do it.
I would have to disagree. The companies mentioned above that began to take Bitcoin as payment probably had no interest in Bitcoin themselves nor did they particularly care about increasing their sales through the currency. Many of their customers I'm sure do not use Bitcoin as a payment option because paying in fiat is just as easy as paying in Bitcoin to major, secure, retailers. It probably did end up costing them some money to cut a deal with Bitpay or whoever their 3rd party exchange was. They may take a percentage of each sale, or something kind of fee. The reason I see many companies taking Bitcoin is for fraud. With Bitcoin, a company can't be held liable for fraud or chargebacks as often paying with fiat. That, or maybe it was a domino effect after Overstock.com started to accept Bitcoin. For fraud? Are you serious? Do you really believe companies like Microsoft or Dell are trying to hide a few sales? If they do, they would be hugely stupid. |
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So what? Show the same number of Americans the symbol of the Japanese Yen, or some book written in Russian, there will be as puzzled.
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This comes from a kid. An adult would know a school doesn't have that kind of money around.
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Obviously, OP has never been to Africa. Outside big cities, many schools still don't have electricity.
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third party with escrow should be done by a computer, automatized, this way there will be no source to be trusted, because a computer will never steal your money if it is 100% automatized
A computer is only a front. There are programmers behind. Remember the Evolution drug market which vanished last week. Everybody was saying it was the safest market not long ago. |
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There is website that is being built that can take most Dev jobs and soon programming will be so easy that anyone can do it.
What are you talking about? There are many websites for short or long term dev jobs already, several being older than BTC. Regarding programming, I'd say the opposite, it's getting more and more difficult as there are more and functions. |
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Merchants just want more sales. If BTC can bring more business, it's good. Besides, I guess it's quite fashionable too, and it doesn't cost much to implement, so let's do it.
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An army is the most legitimate power of a country, to protect its citizens from foreign invaders. The Red Army, of workers and peasants, was supposed to be the people's army, but in the real world, it didn't prove to be any different from all other armies.
A decentralized army cannot exist. It would lose every war against regular armies with strong hierarchy, organization and discipline. No army can be successful without those 3 characteristics.
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You can have several wallets. One for food, one for car-related expenses, one for medical, etc...
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Gold isn't something which should be bought and sold online.
Gold is physical.
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I'm not afraid, I'm sure there will be a minimum. Say if you want to buy 50 BTC, you will have to explain where your money comes from.
This is why in China, they started to buy mining gear instead of Bitcoin itself in order to get money out of their country once the government came down on it. Even if the profitability of mining decreases, hash keeps going up from things like this (as well as technical advances obviously). So just how effective are these AML laws when people can just buy hardware instead? Regulation will come afterwards, when people will look for ways to exchange their freshly mined coins into fiat. They don't really have to exchange to fiat, unless you're implying holding BTC is risky. I don't. I meant there are still many things which are difficult to get with nothing but BTC. |
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BTC is easier to carry, you can travel around the world with it, but gold's easier to sell, and there are more buyers. I bet there are more gold ATM than there are BTC ATM in the world. All the Chineses and Indians love gold.
Why do you think physical gold is easier to sell? Have you ever sold gold bullion in real life? You can sell bitcoins at any of the multiple exchanges out there within just a few minutes (actually, transaction confirmations would take longer than the selling process itself)... Yes, very easy. You walk into a bank, you put your gold coins on the desk, and they give you cash straightaway. That's in lovely Switzerland. Anyone knows of a shop where you can sell BTC for cash? It's much faster than selling BTC online, because you have to wait 24 hours to have the money on your bank account. What are the conditions and circumstances that you kept silence about? I mean something like the state of coins, a bank where they had been bought at, assay control. And, before all, the price that they are going to set, and how different it will be from the spot market quotation... I'm not hiding anything. I'll just add a small correction, my experience wasn't with bullions, which often carry some emotional value, linked to the country which minted them, but one 100 grams ingot. That bar of course had the proper identification papers to prove it was genuine. |
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Congratulations!
Now, you can be sure that if you have an heart attack tomorrow, your BTC is lost forever.
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Maybe exchanges should start deleting old wallet information. Are they required by law to store withdraw and deposit addresses?
I guess that depends on the country they're based. I suppose rules regulating the banking sector apply, so that makes several years. Now, this is another proof that Sweden (like all Scandinavian countries) is tax hell. Time to move to heaven. |
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You know, all this is wild speculation. There is no proven method to predict BTC's growth.
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Correction, Ukraine has no plan to ban BTC. Its only concern is that terrorists may be using it.
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Hackers have never pledged allegiance to the cosa nostra... I don't see why not. Aren't most hackers Italian? Didn't know that, but that doesn't change anything. Very few Italians are part of organized crime. So I guess this calls for legalizing drugs so that people won't get stolen anymore. |
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BTC is easier to carry, you can travel around the world with it, but gold's easier to sell, and there are more buyers. I bet there are more gold ATM than there are BTC ATM in the world. All the Chineses and Indians love gold.
Why do you think physical gold is easier to sell? Have you ever sold gold bullion in real life? You can sell bitcoins at any of the multiple exchanges out there within just a few minutes (actually, transaction confirmations would take longer than the selling process itself)... Yes, very easy. You walk into a bank, you put your gold coins on the desk, and they give you cash straightaway. That's in lovely Switzerland. Anyone knows of a shop where you can sell BTC for cash? It's much faster than selling BTC online, because you have to wait 24 hours to have the money on your bank account. |
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If alien come to earth, they will be shocked by the fact that human on earth will starve just because money printer is not working
Or maybe because it's printing too much. Now, how could we live without money? If I go to a restaurant without money, how do I pay? Or would they feed me for free? Free beer, too? |
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