future of bitcoin is paying for everything with bitcoins, everyday grocery etc
all users and lovers of bitcoin would want the same thing. however, for banks or governments and businesses or shares will reject it because they have a reason, it will damage the economy and reduce transaction and their income: D Please dont confuse Banks with Governments. Banks are NOT Government. Banks are businesses that pay huge tax to Governments by sucking their clients. Governments love tax. If Bitcoin businesses can generate tax, Government will love Bitcoin too. thanks for the explanation, friend . if bitcoin taxed, who should pay?? banks have a physical form to make a deal. whether bitcoin bank also made to save bitcoin?? bitcoin while most still conduct transactions online. how the government monitors all online transactions such as personal. need to work hard for it all: '( Government does not need to monitor transactions. Government will monitor exchanges for taxation. Exchanges will impose the tax on u. Just like it happens in share market. For buying & selling stocks exchange imposes the service tax on you. Here the plus is that, as long as you are earning Bitcoin and spending it w/o converting it to FIAT, u r not taxable. ok. I understand now. however, if any of our transaction when sending or receiving bitcoin if we also get taxes from the government.
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Assume every government organization and every private organization is spying on any/every Bitcoin organization. Information, like all other tools, becomes a weapon in the hands of a capitalist.
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Thanks Dutchman for the update - keep us posted.
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On February 16, 2212, A fresh 26 year old Satoshi Nakamoto traveled back in time to create Bitcoin. The reason we don't hear from him anymore is because he went back into the future to spend his bitcoins and wrestle a small part of the world from the clutches of an evil empire. This post makes this thread worthy of existence. It's also a more compelling argument than OP.
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Wary investors may prepare for a steep correction towards $500.
Totally not FUD.
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I thought it was a new thought -- about Satoshi's personal inner struggles in dealing mentally with what he gave birth to. You are engaging in wishful thinking - pure fantasy. As we have no evidence one way or the other, on what basis can we make such assumptions about his/her mental state?
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This chart is depressing. Sorry about that. Reality is depressing. But, collectively, we do have the power to make it less so.
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Back in the 10,000 BTC pizza days the faucets would give 1 or more bitcoins at least... good times
Man, that's crazy. Wish I'd been around back then...
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That's crazy, Hal says it could go as high as $10,000,000 per coin! Bring it on, just let me get some more coins 1st BTCIt will, but that is still quite a few years off. My guess would be 2025ish
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The mainstreaming of bit coin rolls on. We are kind of getting used to the positive press now.
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Wait ...Bitcoin has not yet solved the offline transaction problem which is required for no internet zone. Physical coins like Casascius Bitcoins WOULD be solving that problem already, if only nation-states like the USA and others weren't aggressively outlawing and suing them to protect their despicable, tyrannical monopoly on physical money. "The only thing a capitalist hates more than a communist is a competitor"
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If people keep making the same stupid, infantile threads obsessing over an anonymous persona, over and over again this place WILL be boring.
So, start something new compadre...whatcha got for me today Why? Just for the sake of having my own thread on page 1? There's no need for that kind of blatant self-indulgence. Seems you've already got the market on asinine self-indulgence cornered anyway. I only create a new thread when there's an actual reason for that thread to exist. Most topics already have at LEAST one thread discussing them,. That's why you don't see me spamming asinine new threads just to get attention.
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discuss... We really needed another Satoshi thread? You couldn't pick one of the dozens that already exist, you just HAD to create your own? This thread stinks of ego. If people didn't create new threads this place would be boring. If people keep making the same stupid, infantile threads obsessing over an anonymous persona again and again this forum will not only be boring, but also unusable. Stop polluting this important forum with your useless shit. It's getting harder and harder for me to take you seriously.
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People have too diverse views on poliitics and other human factors, for them to adopt a single currency world wide.
This person does not understand that politics doesn't matter when selecting tools, if one tool is far and away superior than its competitors. If one is preparing for war, one does not pick up the sling or the spear when the machine gun is loaded and ready. Bitcoin has already made all other forms of money obsolete. Most of the world simply has not yet figured it out. Rest assured, they will. Sooner rather than later.
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First comment "The US dollar will soon be worthless *ducks*".
How prescient.
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discuss... We really needed another Satoshi thread? You couldn't pick one of the dozens that already exist, you just HAD to create your own? This thread stinks of ego.
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Does anyone know who runs that site or how to contact them? The site itself has no contact info on it, the source code is owned by a user just called "brainwallet", the only thing resembling a contact address is a twitter account also called "brainwallet", etc.
Whoever runs this site needs to shut it down now. It's negligent to do anything less.
For someone who lives in a direct democracy that has a lot of personal freedom, and hence, a lot of required personal responsibility, you sure as hell like to impose your moral standards on other people. Bitcoin source code was authored by some unknowable pseudonym, SHUT IT DOWN, PADRE-MIKEHEARN SAYS NO ANONYMYMOUS CODINGZ!!! I love you Carlton. Truly and with all my heart.
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Price stability is ultimately what it needs to prosper. I would def say that bitcoin is closer to a speculative asset then a currency Bitcoin already has utility and fungibility. To prosper, the only thing necessary is time. The world needs Bitcoin much more than Bitcoin needs the world [read: global adoption].
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Because charity is unethical - it only serves to legitimize the utterly repugnant system that is capitalism.
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Bitcoin will make investing directly into assets much easier without going through brokers and fund managers. Hopefully the popular business model will be operational transparency; and profitability will no longer be dependent on accounting tricks. People will invest in their neighbors and support their communities. There will still be some risky investments, but Bitcoin could bring about a new "Builder Generation."
Man I hope so, we desperately need it...
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