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yea he has little clue on how bitcoin works, we can leave him behind once bitcoin starts taking over
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When bitcoin overtakes paypal, it won't be just a virtual commodity
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I personally think if Iran made Iran Coin or something like that it would gain a lot of support from all their friends and sympathisers. Bitcoin needs al ittle bit of regulation so it doesn't go completely haywire until,a a total transition is made from fiat into a digital currency System. Both Govts, and lay people need time to adjust and proper infrastructure put in place for the free world wide use of BTC.
Irans friends and sympathizers? Who? Hezbollah? I think they're the only ones. Probably North Korea also. I don't think that North Korea cares very much about Iran. I do think it will be interesting to see how the situation in Iraq will play out. It should be noted that Iran helped Iraq (and the US) by sending fighters into Iraq to fight off the militia that is trying to overtake the Iraq government. The only real issue that the US has with Iran is it's nuclear weapons program. If we can get past our differences about the nuclear program by Iran helping out in Iraq then Iran could potentially become a very useful ally to the US. This is speculation, but if it were to happen it could potentially provide some stability to the middle east. If it does not happen then eventually another war will break out in the area between the US and Iran. Hope there won't be any war, Iraq vs US was bad enough. |
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The download isn't the problem, its the time it takes your computer to process the information from the download. You can download the blockchain from a torrent file, and have it pretty quick. Your computer has to process all that info still.....and it can take over a day. a lot of the time.
Ouch, 20gb of processing, you need to have some killer pc for that to be done quickly |
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Scary thought, but if btc significantly increases in value, that corrupt fat pig could end up literally being one of the richest people in the world.
Imagine if it hits 100000 BTC/USD, then it will be like, "Hi Bill, awesome this is cool, I am around the same rank as you now  " |
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Microtransactions would be a better solution then trying to store music in the blockchain. Having that much data in the blockchain would be extremely expensive to store and have a TX confirmed.
Buying a single song with a credit card for $0.99 would likely cost the merchant close to $0.30 as most credit card processors charge $0.27 plus 3%, the same transaction on the blockchain would cost close to $.06 if anything at all.
that is way lot cheaper |
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For those who think the terrorist would easily obtain private keys by use of force, realize this..for a bank to store its major fund in cryptocurrency would have ensured no one in the bank, not even the manager has any access to private keys or it could be stored in multi signature wallets where another party from europe or elsewhere also have to agree in order to open the wallet.
What if the terrorist hostage the bank employers or any western foreigners and wants the bitcoin keys or else they kill 1 every hour. Wow that will be like a heist, 2014 style, can you imagine how much security will be placed around the key holder. |
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Probably China in years to come, they have the largest population. Imagine if they lifted the ban, floodgates will be opened.
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I remember when I first downloaded my wallet. It literally took over a day to sync. That is some slop.
Wow that long? |
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As least we're getting a heads up on this.
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Survey Says Most Americans Lie On Surveys
lol, now that changes everything |
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He (or they) is definitely still around. I'm sure they are closely following the evolution and adaption of their creation, and likely still contributing ideas/suggestions/solutions to bitcoin, in one way or another.
Probably lurking somewhere lol, he may or may not be around here anymore but nevertheless, thanks alot satoshi. |
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I was just skimming through very old threads, its amazing how people used to talk about 100-1000btc (or more), like it was nothing. I hope for their sake they held on.
The good old days, my friend. |
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yea, most of us are males, there are some females.
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The Rise and Rise of Bitcoin, I like the sound of that
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Glad to see kids getting the education they need.
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ghash cartel~ lol, just kidding.
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Reminds me of the sentence, "Too big to fail"
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they will eventually |
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