yes get the government involved so we can no longer have privacy and taxless transactions. Morons...
You are forgetting about one thing. Bitcoin  Governments can have their own cryprocurrency just like they have their own fiat currency. That incentivizes larger competing governments to attack the cryptocurrencies of smaller governments to exploit them. It's better to issue colored coins on the Bitcoin blockchain for the added security. Sure, governments could use pure PoS, but that would expose them to bad agents in their own government. Colored coins can be more easily managed and recolored for economic controls. OK, don't laugh at me but.... What are colored coins??? It is a layer over Bitcoin using metadata to issue coins as small as one Satoshi using the Bitcoin Blockchain. The color means that you add counterparty risk to back the coin. It can be anything from stock, to metals, or even fiat. OK, sounds interesting. Any colored coins out there? You know, if there weren't so many people trying to compete with Bitcoin and stealing its thunder to make a quick buck, then maybe more would be actually helping with the actual Bitcoin products. Couldn't agree with you more  |
|
|
|
yes get the government involved so we can no longer have privacy and taxless transactions. Morons...
You are forgetting about one thing. Bitcoin Governments can have their own cryprocurrency just like they have their own fiat currency. That incentivizes larger competing governments to attack the cryptocurrencies of smaller governments to exploit them. It's better to issue colored coins on the Bitcoin blockchain for the added security. Sure, governments could use pure PoS, but that would expose them to bad agents in their own government. Colored coins can be more easily managed and recolored for economic controls. OK, don't laugh at me but.... What are colored coins??? It is a layer over Bitcoin using metadata to issue coins as small as one Satoshi using the Bitcoin Blockchain. The color means that you add counterparty risk to back the coin. It can be anything from stock, to metals, or even fiat. OK, sounds interesting. Any colored coins out there? |
|
|
|
yes get the government involved so we can no longer have privacy and taxless transactions. Morons...
You are forgetting about one thing. Bitcoin Governments can have their own cryprocurrency just like they have their own fiat currency. That incentivizes larger competing governments to attack the cryptocurrencies of smaller governments to exploit them. It's better to issue colored coins on the Bitcoin blockchain for the added security. Sure, governments could use pure PoS, but that would expose them to bad agents in their own government. Colored coins can be more easily managed and recolored for economic controls. OK, don't laugh at me but.... What are colored coins??? |
|
|
|
lol what are you waiting for it to hit $100? $380 actually  Hey it's a gamble, I placed an order for 10 coins at $380. If I get them then I am lucky |
|
|
|
Will soon 10,000 BTC be worth a pizza again.
Maybe... Then again it might be $10,000 for one BTC by the end of the year. Who knows? |
|
|
|
How hard would it be to make an app that let's you put money into a Bitcoin ATM and play casino games thereby turning them into casino machines?
You mean like slots machines that accept BTC instead of coins? EDIT: If that is the case then it will happen sooner or later No. I mean a Robocoin or Lamassu machine sending bitcoins through your iPhone to an online or jailbroken app. Well, if that is the case then why an ATM? Just make an app for it It would be cheaper to produce.... True story |
|
|
|
How hard would it be to make an app that let's you put money into a Bitcoin ATM and play casino games thereby turning them into casino machines?
You mean like slots machines that accept BTC instead of coins? EDIT: If that is the case then it will happen sooner or later |
|
|
|
haha, you are very (or too) optimistic  True, but then again... What are the governments options? |
|
|
|
It will if you have patience..... |
|
|
|
Surely a computer of that size and magnitude must be able to take over 51% of the total hash rate?...
Then there wouldn't be only one right? And no, at the most 12% You guys have me confused now. I though quantums are useless when it comes to sha-256... Or did I not get it right? |
|
|
|
Living in Hull, this has peaked my interest more than most. Knowing our council, they'll manage to mess it up at some point, though.
That is an international issue. I have yet to meet a competent government. Have you? |
|
|
|
yes get the government involved so we can no longer have privacy and taxless transactions. Morons...
You are forgetting about one thing. Bitcoin Governments can have their own cryprocurrency just like they have their own fiat currency. Does that stop you from using Bitcoin? |
|
|
|
I also think so, what is it? It's a picture of the sun, just to show the amount of energy. I could be wrong here (though I doubt it) but a more knowledgeable member can verify... |
|
|
|
|
Show Posts
