Physical point of sales do not wait for credit card confirmations. They don't wait for the bank to accept your check. They don't check the bills aren't fake.
(This isn't necessarily a good thing, there are some ways of fixing it etc.)
You are forgetting that CC and check also use ID and 3rd party verified? With those, bitcoin point of sale will likely follow the same path. However there is strong resistance to implementing them for many reasons. |
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I wish to use US currency ($1 bills specifically) because I want to lean on the counterfeiting security and laws. I wouldn't know how to verify paper rubles, pesos or rupees, or how unique each bill is. It would take huge balls for someone to knowingly counterfeit a FRN and send it through the US mail system. I'm not disagreeing with your decision and reasoning but should point out that counterfeit FRNs were for sale on that tor market that was shut down and shipped via US mail. But yes, a neat way to piggyback off the anti-counterfeit features that an ordinary person accepting the note can use to help verify its authenticity. The USD$1 has anti-counterfeiting features? Such as? Its main/only meaningful anti-counterfeiting feature is the one which you are voiding, its low value. It has no security features beyond starch-free paper and even its micro-printing is not beyond the reach of cheap printers today. Most anything else would be a better choice if you are looking for counterfeiting security, and the counterfeiting security laws will apply to any nation's currency. If you are smitten with the USA bills, and want the advantage of the honest mistake of your customers accidentally spending it and losing the ability to redeem it, you might consider moving up to the new US$5 which have UV sensitive thread and watermarking. |
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Ill be attending the Dec 2nd meet up.
Hope to see some of y'all
It will be great to see you. I may show up late for some coffee, will be arriving at LAX on the evening of the 2nd fresh from the London Bitcoin Expo so probably not arriving until 8ish. |
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Yes, it fairly blew my mind as its the missing link for acceptable online voting privacy too and that allows for systems like liquid democracy even on a global scale.
Uhg, that's all I need. To be outvoted by even more people.  People tend to vote away their liberty more often then they realize. Lol, sad but true. Its worth checking up on liquid democracy in Iceland, politicians there seem to be sweating because so far its made the right decisions far more consistently than conventional democratic systems and Iceland's system is a lot better than the thinly veiled masquerades many western governments try and pass off as democracy. Several Icelandic politicians have even stated publicly that the system proves the general public has far more awareness than conventional political systems allow for so it could offer hope even in the most media brainwashed societies. If only we all lived on small islands where the only people we could plunder by ballot box are the folks we see every day and can stare us in the face. When you start talking about global decision-making the level of authorities required to enforce democratic decisions seem unconscionable, much less the decisions themselves. Sometimes it seems we'd be better off if the most powerful political positions were the city mayor and anything decided above that was only advisory and dispute resolution. |
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Wow damn, trying not to panic sell. Bought 17.5 Coins at 766$ 2-3 days ago. I´m nervous to lose my 13.5k$
Rule number one on bitcoin : do not sell on weekends. Rule number two : do not sell on weekdays Rule number three : do not sell at night Rule number four : bitcoin is global, it is always night somewhere. |
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so who was who? i left a little after 10 myself.. i didn't talk to a whole lot of people, maybe 6 or 7. i ended up meeting libertarians/anarchists more than i did bitcoin enthusiasts. i felt it was more of a liberty on the rocks meetup than bitcoin.
Was there until closing. Good times, and good people. All the conversations were about bitcoin and other cryptocurrency with a few exceptions. Not much politics or philosophy. lol, i guess i got entangled in the wrong crowd then.. because the whole time it was anarchists going back and forth with me. i came more for the discussion about bitcoin and less about philosophy and civic government. one of the guys i spoke to wasn't as "into" bitcoin since he bought at $30ish right when the bubble hit.. and then he sold off at $15. the other guys i spoke to were late comers and were in school. Much brainpower is lost to discussions of politics, so sad. But life is long and there will be another in a month, or so I hear. is this meetup held once per month at the bootlegger's brewery? i don't feel like i got what i came for. maybe i'll have better luck next time. We had wide ranging conversations from mining tricks, to new alt coins, to hard currency basics and bitcoin history going. I don't remember anything political at all, but must have just missed that subgroup. were you guys sitting on the bench in the open area, or by the jenga blocks? i was standing by the cooler. I don't remember the cooler, and not near the Jenga. Closer to where the pizzas made their appearance... |
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so who was who? i left a little after 10 myself.. i didn't talk to a whole lot of people, maybe 6 or 7. i ended up meeting libertarians/anarchists more than i did bitcoin enthusiasts. i felt it was more of a liberty on the rocks meetup than bitcoin.
Was there until closing. Good times, and good people. All the conversations were about bitcoin and other cryptocurrency with a few exceptions. Not much politics or philosophy. lol, i guess i got entangled in the wrong crowd then.. because the whole time it was anarchists going back and forth with me. i came more for the discussion about bitcoin and less about philosophy and civic government. one of the guys i spoke to wasn't as "into" bitcoin since he bought at $30ish right when the bubble hit.. and then he sold off at $15. the other guys i spoke to were late comers and were in school. Much brainpower is lost to discussions of politics, so sad. But life is long and there will be another in a month, or so I hear. is this meetup held once per month at the bootlegger's brewery? i don't feel like i got what i came for. maybe i'll have better luck next time. We had wide ranging conversations from mining tricks, to new alt coins, to hard currency basics and bitcoin history going. I don't remember anything political at all, but must have just missed that subgroup. |
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If you want fast coins, (which in a rising market are more important than anything), and if you have access to North American Banks, try Bitcoin-Brokers.com
But I don't need a Go-Daddy Domain  You don't buy coins from a guy because of his domain provider? You know the coins don't touch through the website, right? They just use that for managing some of their communications. Unlike coinbase, bitcoin-brokers has never reversed a transaction for arbitrary reasons, and you can get more coins faster. |
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I use bitcoin.de to change fiat against btc. But I don't do this very often. bitcoin.de brings just seller and buyer together and never receives my euros. The buyer just transfers his euros from his bank account to the bank account of the seller. So this takes 1-3 days but I heard is faster than mtgox and Co. But bitcoin.de is not for instant trading (for example day trading). But they have officially a bank behind them so in the next weeks this should be possible. But nowerdays you already can sell to the current price, but you have to wait a few days to get the fiat. For instant trading I use btc-e.com. I don't care how long it takes to get in or out the fiat because I will never do this. I use bitcoin.de for this. So it depends what you want to do. Day trading and being flexible? Just to buy quick? I would recommend to stay away from mtGox and btc-e (I trust them only for small amounts). Bitstamp, Coinbase or Bitcoin.de seems to be much more reliable. PS: You can buy now 1 bitcoin within 10min on coinbase. http://blog.coinbase.com/post/66910620890/new-coinbase-users-can-now-acquire-their-first-bitcoinUgh, coinbase. They seem to reverse purchases claiming "High Risk" whenever the price rises between the time of buying and the time of delivery. |
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so who was who? i left a little after 10 myself.. i didn't talk to a whole lot of people, maybe 6 or 7. i ended up meeting libertarians/anarchists more than i did bitcoin enthusiasts. i felt it was more of a liberty on the rocks meetup than bitcoin.
Was there until closing. Good times, and good people. All the conversations were about bitcoin and other cryptocurrency with a few exceptions. Not much politics or philosophy. lol, i guess i got entangled in the wrong crowd then.. because the whole time it was anarchists going back and forth with me. i came more for the discussion about bitcoin and less about philosophy and civic government. one of the guys i spoke to wasn't as "into" bitcoin since he bought at $30ish right when the bubble hit.. and then he sold off at $15. the other guys i spoke to were late comers and were in school. Much brainpower is lost to discussions of politics, so sad. But life is long and there will be another in a month, or so I hear. |
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Fair enough. We thought you would like a coin that was graded by PCGS. People pay $40 for that service so it can only help in the end but we should have asked you first.  Graded and sealed is better than "still in original packing", IMHO  |
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Yes, it fairly blew my mind as its the missing link for acceptable online voting privacy too and that allows for systems like liquid democracy even on a global scale.
Uhg, that's all I need. To be outvoted by even more people. People tend to vote away their liberty more often then they realize. |
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Why does everything has to be about religion...
See, if people could get over this one simple thing, we would actually have the energy to move forward and do something productive. Religion (and politics) has proven to be the greatest black hole of human thought thus far, where nobody is ever wrong but nobody is ever right. QFT |
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Capitalist, industrialised society is kind of a religion replacement: the priesthood alone know how and why the machine keeps ticking over, and everyone else just believes it when they say so, as the results are demonstrative that it's all working (operative word in the last sentence: "believes"). Not so different from religion IMO, except that I suspect we have a much lower rate of non-believers (the heretics!) than religious society would have.
I guess this worldwide economic malaise is kind of like when Martin Luther came back from Rome, complaining that the priesthood are all corrupt, and with all the rational non-believers/heretics that were saying the same after all that renaissance stuff. So, Satoshi is more of a modern day Da Vinci than cyber-prophet, and I guess we're in a renaissance replay. And we're the neo-heretics.
Is it a coincidence that the whitepaper was published on REFORMATION DAY? Also Halloween, the night of costumes and hidden identities? |
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I'm drunk in London tonight, and I got two words for Adam: BTC FTW!!!  I'll drop in on London for the Saturday expo, and hang around until Monday. Sunday is wide open  |
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Funny... never got the ones i paid for.
Me either, have a subscription but they never come. Even when they have articles I wrote in them, have to hunt them down like wild animals. |
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Some people that purchased lately made out big! If you are concerned with the Bitcoin market, why not hedge?
Yes, a Carrington event would kill fiat and bitcoin (at least until everything is patched up again). We'd be left with silver gold steel and lead, and barter. |
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so who was who? i left a little after 10 myself.. i didn't talk to a whole lot of people, maybe 6 or 7. i ended up meeting libertarians/anarchists more than i did bitcoin enthusiasts. i felt it was more of a liberty on the rocks meetup than bitcoin.
Was there until closing. Good times, and good people. All the conversations were about bitcoin and other cryptocurrency with a few exceptions. Not much politics or philosophy. |
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What you here refer to as the value of the total amount of labor is known as "cost", or unit cost  Correct! I wrote that pretty fast, but I felt that no one else was saying it Unit cost is not such a very good measurement of value. If something is only worth its cost, one is better off expending that same cost on something else with more virtue. That further suggests the design would be a poor one, and valueless. |
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