can we for once ignore coindesks interpretation of the news which thy sourced from panampost.

can we ignore panamposts interpretation of the news..

and can someone translate the actual banks source info.. so that we can see the actual wording the bank has used.

coindesk has exaggerated far too often with russia, china, etc before. so can we read source material before spreading rumours

http://www.scribd.com/doc/230438003/Resolucion-del-Banco-Central-de-Bolivia

using google translate.. what i take from it is that bolivian central bank BCB are telling financial institutions that in article 124 they can move money digitally through mobile apps as long as they meet tight security restrictions and ensure data stays private. and that these institutions can only deal with FIAT..

it then says that BCB has

which to me is the standard "investment risk" warning EVERY country has published, and that the BCB RECOMMENDS the ban of financial instittions USING bitcoin.

again like all countries banks have contracts to supply only FIAT. banks tdo not store or hand out cars, tins of beans.. only FIAT.

though im still reading it and will edit this line later. i do not see anywhere that stops INDIVIDUALS from purchasing bitcoins privately. and i do not see PRIVATE businesses cannot handle bitcoins.

i think its worth noting:
a job.. in reality, involves getting off the sofa and doing work to earn your income. .. just thought you should know that

but anyone that truly wants a job can do it, it does not have to be controlled by a central entity. but thats where my idea tails off. if you like the idea but prefer a contracted employee.. stick around, if others want it, you can all form your own business if you want.

i can offer my guideance and idea's and experiences of doing it myself (as i have done already), but i prefer to leave my idea's open for anyone else to grab and turn them into anything they please. whether self employed or forming your company to then have the comfort of red tape and other government hindrances.

so lets get to the crux of it.
how many coffee shops, restaurants, fastfood places, taxi firms, hotels, motels, grocery stores and other places you feel will benefit from bitcoins in YOUR town

ok guys enough sitting on sofa's complaining of 51%ing

who seriously wants shops/businesses in their town to accept bitcoin and they want a job at the same time?

so here is the plan.
stage 1 if you are seriously interested, you know about bitcoin enough to know how to use bitpay, your good at sales pitches and you have lots of shops, stores, businesses and services near you that you simply wish would take bitcoin. keep reading.

what will happen is an IRC chat will be set up where those truly interested can come to talk and thrash out idea's.. but before that, here is the main idea.

2) we all collectively seek out tigerdirect/overstock and find the cheapest workable tablet PC that will run the bitpay app and maybe a exchange service. we then contact the supplier to see if they do any bulk discount.

3) next is to look at your area and see what is the average fair 'consultation fee' is.

4) then start going around to all of those businesses and tell them that for (consultation fee+tablet price) you can set them up with a working tablet PC that has been set up with bitpay for that business to start accepting bitcoin and includes X hours of consultation/training.

5) setup a meeting for the following week where you take the fee, buy the discounted tablet (week delay in meeting to get tablet prepped) and then set them up

there are no contracted employment, no boss, no upfront costs. no multi level bullshit. just direct marketing. simply put the merchant prepays your labour and the tablet costs.

its the simplest business model that the title describes.

i am not the boss of this, this is all for you lot to organise,

now, discuss

its like saying is there away to send information without having to pay an internet service providor..

yea, 56k modem used as as fax machine.

unless you are going to build cellphone towers and position them across the planet. you kinda have to rely on cellphone netowrk companies.

what you should come to realise is that cellphone companies are 'becoming' redundant. think wifi think skype
the only pivot i can see is satalite phones or the old C.B radio's for area's that you dont want to have to deploy lots of wi-fi repeaters

a super node is simple a known static IP people can add so that they always have a main connection to th network to relay tx's.

now thats cleared up. all i have to say is
1. Banks are contracted to handle FIAT, being a node is meaning less to them. get over it, you wont see banks handing out bitcoins themselves.
2. people can choose which supernodes they connect to. so the end result of any fantasy Apocalypse scenario some tin foil hatter is about to dream up... wont happen as people will just ignore such nodes

nah, i think people will wake up.. not at first move to bitcoin, but move to credit unions first

if your going to use the word, spell it first

pseudo-decentralised

guess you never heard the story of how many different governments always stupidly leave file folders, pieces of paper, memory sticks, CD's, hard drives, laptops laying around.. let alone just accidently leaving all competitors email addresses in the CC line

http://en.wikipedia.org/wiki/List_of_UK_government_data_losses
http://money.msn.com/identity-theft/10-worst-government-data-breaches

a black friday once a month??

banks will not be the people that sell you bitcoins. they wont be the ones with their cashiers scanning QR codes.

banks are contracted to FIAT. you will never see a bank cashier hand car keys, artwork or gold over the tellers counter.

DEAL WITH IT

banks will not have bitcoins for customers. but they will slowly learn what bitcoin is and realise the risks are equal to cash, and slowly allow BUSINESSES and INDIVIDUALS the freedom to use the FIAT in relation to bitcoin. its already happening

lol as if !!

you imagine a bank would give you a loan of X and each year without you having to pay, your loan gets smaller??

the news was always about making peoples bank accounts smaller

OP may have not checked before posting................ but then again US Marshals didnt check before posting the email either

yep i see their true benefit that could be used, their international undercover operations can anonymously receive funds, so that there is no traceability that undercovers are really agents. after all when being undercover they dont really want to be holding a CIA/MI5 company credit card to cover their undercover expenses, being followed to CIA drop sites or having to keep receipts to get reimbursed later. bitcoin solves this


bring back the days when governments use to burn money, melt down weapons and destroy drugs... oh have things changed over the last couple decades

someone is asking members of this forum to download a zip file via PM.

DO NOT

i know its impossible to stop it, but im just throwing out idea's to not make it so easy. and it all depends on how the users bitcoin address is addd into the song, to make it normally indistinguishable from the song itself

imagine that when playing there was a (out of ear's frequency range) a soundbite that was the address of the user. you personally cant hear it. but any sound ripping software or lowtech (tapedeck to speaker) method, recorded it. and then when on torrent sites. the music labels can use sound software to get to the address soundbite part. find out who ripped it. then ban that user from ever getting another song from them.

similar theory to how all files have metadata hidden inside

.. a new thought 1 minute after writing ..

now comes the problem of multiple user accounts to avoid the ban.

.. a new solution 1 minute after writing ..

knowing the address that recorded and uploaded to a torrent site. (if part of a subscriptions app where funds are deposited) youtube/spotify/bitcoin developed music service can then 'fine' deduct $0.0008 out of the users account per seed/leach sen on the torrent site, thus De-incentivising people from uploading to torrent sites as it would end up personally costing them

well he is not going to say throw everything you got at it. even smart gold hoardrs wont tell you to throw every penny at gold. the only people that would say throw it all in, are th people that want your money so they can cash out, because they are greedy and selfish.

i have yet to see a honest life insurance guy say, put all your salary (after bills) into life policies
i have yet to see a honest stock trader guy say, put all your salary (after bills) into life policies
i have yet to see a honest forex trader guy say, put all your salary (after bills) into life policies

i personally think bitcoin is robust and has a long life-time ahead of it, and huge potential for profit, but id never tell anyone to throw everything at it.

anyone telling you to throw it all into an investment are usually the ones that know something is gonna crash and they want you to be left holding their old bag of crap. (EG pump and dump altcoin devs)

1. no rep. you have not given info of who you really are in real life
2. no rep, you dont even have $600 to your name to even get listed from own funds
3. you use the word donate, rather then invest/contribute, which suggests your legally trying to make a loop hole that the shares are 'goodwill' only and not obligatory, thus if you run away there is no recourse for people to get compensated.
4. currently you can make $15 a day = $150 in 10 days, = 1btc within the 60 days on your bitstarter crowdfund. so it is possible to have self funded it

by 2049 there will be 20,987,460 btc. but each 4 year halving will still be producing bitcoins, although dust amounts per block and only a few hundred per year, slowly dropping to dust amounts per year by 2140.. where technically no more coins or dust of coins are made after 2140.

2009: founders - bitcoin was for geeks, couldnt spend them on items
2010: initiates - starting up mtgox, alpaca socks, bitcoin pizza
2011->20?? early adoptors - new coins still being mined, new businesses starting, still not common place
20??: regular adopters - bitcoin can be accessed, bought, sold easily and by anyone, even your grandma

i said days ago that it sounded like a sting op.

advertising funds linked to drug crimes.. requirement to hand over funds to have evidence of intent to purchase funds linked to drugs crimes..

just wait for knock at door and arrested for knowingly entering into a laundering scheme and being part of a criminal network

now lets take my tin foil hat off..

the auction advertises:
1. bitcoins are legit asset if even the marshals think they have value
2. the importance of anonymity using random character addresses to pass funds through and why trading using email addresses fail, is because even the marshals leak private peoples information