Some illiterate derp reposts an uninteresting pastebin and that's our comedy gold du jour? This is sad for bitcoin.
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I don't think any websites offer that kind of service, it looks like a majority (or all) of them just convert Bitcoin to USD, and not the other way around. I think the only way you'd be able to transfer USD to Bitcoin would be through exchanges, just like what everyone else does.
Yeah, the trouble with that is you have to open various accounts (merchant cc, paypal, fiat bank, exchange) all with various fees and time expenditure, and go through various hassles regularly to move back to hard coin, not to mention face different predators who watch those channels (regulators, hackers, etc). It seems a payment services company skilled at doing those things could make a pretty penny by offering such a payment service.
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And BitCON will become 666 more oppressive+totalitarian than the fiat cash we had before it:
You are supporting the destruction of the freedom of mankind. Thank you for your unwavering, radicalised dedication to your geek-cool enslavement system ideals.
Lol what? How can public coin, an open system for all to see and count the money supply, be more oppressive then "your leaders can print as much as they want for themselves at anytime and you will never know"? If you are worried that an address is being watched - use a new one!
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Would a Hydra be stronger if it had only one head?
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We have also been looking for this service.
Specifically, we would like to accept credit cards and paypal from users but receive hard coin, minus a fee and extra-long settlement period of course.
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Cool. Wishing y'all good luck! You might want to check my post on 42coin from last year. http://frass.woodcoin.org/the-42coin-saga/There's also this one: https://github.com/funkshelper/42-limited-editionAll it would take would be for a couple of you to start mining using that one and hey presto - a limited supply coin. Kind of antisocial to recommend forking from a year old point but hey - altcoins are about experimentation aren't they? Not that scrypt coin on its own could tread water today.. move algos? switch to mergemined like doge?
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I don't know, this is like asking if there are any jobs that pay in gold or silver. There aren't (with exceptions I'm sure). Just buy bitcoin if you want it. Things aren't priced in bitcoin anyway.
I only pay my few part time employees in wages priced in and distributed with bitcoin. But that's neither here nor there. If you are entering into a contract, what you are compensated with IS UP TO YOU to negotiate. You people think contracts and prices just drop from the sky? No! They are negotiated.
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Printing Dollars is not a smart thing to do because some many people have tried it and so many people have failed. It is not even worth trying anymore because you will get caught very easy these days.
Every single M0 dollar in circulation is evidence that you are wrong about that
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If it was that easy to print Dollars then everybody would do it. So lets not do like this is the easiest case in the world because making good fake Dollar billets is just not going to happen.
Yeah so many criminals tried it and really no one got away with, that is why nobody tries is even it is a waist of time and you will gain nothing from it. Just earn your money the right way, that feels allot better. It is just not smart to do now a days unless you can come up with a new way of printing them in the exact way as the original. You are not going to get away with fake bills. a blog post on counterfeiting might be of interest to you http://frass.woodcoin.org/do-the-problems-bitcoin-solves-have-economic-relevance/
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Bitcoin won't replace EUR or USD stop dreaming about it. It is not possible.
For me, it already has. Let me add to that, that it will not happen ever. The EU is/are ruled by selfish people. With the bank lobby such a bill would never pass. Also we, the EU, have invested loads of money to keep the EU together (Greek loans, refugees etc). They would not abandon their own currency.
Lol, I heard the same thing 20 years ago. " They will never abandon the franc, drachma, mark.. the people won't give away their soverignty to foreign bankers.." etc. *shrug* Some people will continue giving their goods and services in exchange for notes printed from thin air by foreigners for as long as they like. Possibly forever. Just as people will continue to be robbed and cheated forever. This is true. However, there will always be some who are waking up to the scam and taking charge of their own lives. That's what public coins are for.
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The dollar is a good currency and you can see that the bitcoin is getting more popular everyday. Although the dollar is still much bigger and more popular, its also getting more digital so I think the bitcoin will never win from the dollar.
The dollar is still much bigger? Seriously, there is no comparison when it comes to the market cap of both currencies and usage. Bitcoin is not even a tiny dot if you place it into perspective. While it's true that the market cap of the dollar is bigger, it's also true that the market cap of the dollar is unknown and cannot ever be known. That' s what private issuance means, that's what fiat is : nobody ever could know with any precision how much there is. If you think you can put a number on the market cap of "dollars" with an error bar of less than 200%, I'd be very curious to know your methodology.
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to me the concrete value is in the fact that it is not easily tracked or taxed by any country.
Dude, you're insane. Bitcoin is easily tracked by everyone, seeing as it' s a public coin. Nothing is "easily taxed". Paper notes are currently what most people mean by paying "under the table", so if avoiding certain taxes is your concern - try those. They are much more anonymous. Of course, paper notes are all counterfeit and are constantly being printed out by various people (all in private; you will never know how much or when), and so-called bank accounts are all private as well and constantly being added to from nothing by various people, but I don't think you were referring to that kind of indirect tax.
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Any ideas why the price on C-Cex is crashing?
A great wizard asks such a question in a channel such as this? My apologies good sir, I know not. Rumor has it that a longtime woodcutter faced persecution in Isengard and sold off holdings in desperation. Others talk of a Dwarven conspiracy to collect vast piles of logs in a vault deep in Moria before middle earth wakes up to the importance of a sustainable monetary policy. With volume and orderbooks as we've seen on c-cex, it wouldn't take much to create such moves in price. 5 bitcoin or so, to be more specific.
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He doesn't understand the mathematics of emergence from chaos.
Bitcoin will eventually fix itself. I have as much faith in Bitcoin as I do in mathematics.
Too bad you didn't learn that the universe is composed of partial orders and not a total order. Then you'd understand why every consensus system will become centralized and thus a defacto a fiat. Fiat has an unverifiable money supply, no party can ever verify the amount in circulation or how much was created at any moment in the past. Broken, centralized, permissioned public shitcoin is different. We can see how much is there at any point! We can see if the ledger suddenly has new coin. Sure, I share your enthusiasm to prevent bitcoin from turning into broken, centralized, permissioned shitcoin but hey - that ain't fiat! I don't like people shitting in my living room but I don't need to pretend shit is nuclear waste to make my argument.
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比特币真的死了!
美国有比特币,美国有intel 也有比世界的半好多。
美国是比特币的王,比特币死了。买莱特币 :)
</sarcasm>
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You don't create the million in a vacuum, if you do you have a new, probably worthless currency. If you create a million in a monetary system that has rules for its creation the rules have some cost associated with it (buy goverment bonds, lend money/assume risk etc.) and the other type of credit is enforced on the population as the decrease of real wages and general buying power and living standard.
What evidence is there that such rules are followed? Rhetorical question of course, with fiat there can be no such evidence. There is plenty of evidence however on multiple levels that the so-called rules are NOT followed and tokens are indeed created in a vacuum, though you're right there is certainly a lot of associated costs with this including most obviously decrease of real wages, buying power, and living standard, but also costs of structural inefficiency which are much more difficult to quantify. I've heard about how Bitcoin is supposed to be apolitical, and it is to a degree, but only because it has its monetary policies fixed, what would have to be determined is if they are in fact good monetary policies, and thats for alts to explore.
I totally agree!! With public coins monetary policy is now a real thing which is adhered to rather than a pretend thing which could never be verified. Now that the thing exists, we need to explore the space and see what works.
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Thanks for comments I think this discussion is appropriate and have always been intrigued by the linguistic coincidence of value from proof of work and theory of value from work. Fiat could be considered in the same way, its costs are not immediate labor, but mediated labor, because to issue new money the costs a goverment pays is credit.
I'm not sure I understand this point. If I print a million new Harriet Tubman 20s, where is the mediated labor or credit cost? If I create a bank account with a trillion USD in it, as Lord Blackwell was recently complaining about, where is the mediated labor or credit cost? My point isn't that theory of value is correct (I think it is partially but not as a general theory of value) or that fiat is good, but that theory of value is not an empirical theory, it can not be tested and falsified, its a speculative theory and its critique must be conceptual. Although both marginalism and labor theory are partially useful for theory of value, neither is sufficient for it, both lack in a historic analysis of value in general and epistemology required for it. It is my opinion that we currently don't have any viable theories of value, we have some great starting points and new data to base it on, and even great ideas (see Ayres), but no viable theory.
Hmm.. sounds about right. Perhaps the topic is more on the psychology side than on the quantitative economics side. Neato, thanks! I'd perhaps never even heard of exergy. These will take me some time before I can make a decent comment. You also might be interested in this classic: http://www.columbia.edu/~ram15/grash.html
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