Money is unreal, meaning imaginary, intangible - a concept.

Currency is NOT money, but merely represents money.

And unfortunately, premining isn't available to the public...

As a sort of counter argument for some of the paper wallet drawbacks (i.e. printer, hacked computer)... you can create your own machine AND printer as an all-in-one device that never touches the internet: https://github.com/piperwallet/Piper

You can inspect the code for these backdooor random number generator.  And you can order your own raspberry pi and printer accessories online to assemble yourself.  Bonus: it doubles as a digital backup AND you can backup to as many USBs as you would like.  

The ONLY drawback to this method is that you have to keep the machine as safe as your paper wallets (safe from theft).

People assume a lot in here.

I have bitcoins to SPEND, I have bitcoins to SAVE, and I have bitcoins for LONG-TERM savings.

I just wanted a way to make them unspendable for a set amount of time.

I didn't use it for a hooker, but I used bitcoin in Vegas this past weekend as well.  It made for great table talk in the casinos...

Is there a way I can make BTC unspendable in the next 5 years?  I know it's "programmable money," but can I do this outside of a 3rd party app?

I can keep my BTC in cold storage, but the temptation will always be there to take it out of the safe and spend it.  What's the best way to store it for a given amount of time if you don't trust yourself?

Think of it like a CD.  Is there a viable option that exists now?

I understand that, historically.  SOMETHING had to hold "value" to make trading easier.

Not to sound impractical, but what happens in the not-so-distant-future when we can mine for gold on asteroids? 

http://www.popsci.com/science/article/2011-09/meteorites-gave-us-all-our-extractable-gold-new-study-says

http://www.slate.com/articles/health_and_science/space_20/2014/10/asteroid_mining_and_space_law_who_gets_to_profit_from_outer_space_platinum.html

I tried searching the forum for answers but haven't found any.  It seems there is ANOTHER coin by the same name - but it's a novelty coin.

The coin is question can be found in this article: https://www.amagimetals.com/info/anthem-vault-launches-hayekcoin/

There isn't a predetermined amount of coins because it's backed by gold in the vault.

Now, this reintroduces CENTRALIZATION back into the coin, because Anthem Vault will be distributing the coins based on the gold that is held in it's vault.  Also, we would need a way to audit the vault to insure the gold they claim is there is actually there.  The danger I see is the same trap with fiat - they can "print" money without actually having the gold to back it.  What if you want to remove your gold from the vault?

Also, personally, I don't care about gold AT ALL.  It's an ancient method to peg worth for trade.  However, I can't trade it in a grocery store today (thanks, fiat!).  It's a shiny metal that can only be used for jewelry and circuits.  Why should I attribute value to it?  I think cryptocurrency adds value, ironically, by what it represents - a medium of exchange.

Thoughts?

I'm trying to fund a trip to Vegas with BTC - I'd be willing to exchange BTC for skymiles (you can transfer them to me - all you need is my skymiles# and name).  Of course, we can use an escrow service.

I need 65,000 Skymiles - I'll spend 2BTC. 

Unfortunately, it is for hotel bookings only.  Tried to purchase a flight with bitcoin and it's not an option.

Guess I'm stuck with cheapair and layovers haha.

Hopefully in the future, having bitcoin will give me priority treatment.

It's a centralized cryptocurrency...

Inadvertently, I think this is good news for Bitcoin. I think a lot of people may switch over to a centralized cryptocurrency for reasons of misguided 'trust.' In any event, which history shows it always will, some negative action will occur within this system. Over time I think people will see the light and more easily switch over into the Bitcoin economy.

Bitcoin doesn't have any competitors outside of duplication. Meaning, centralization has been the problem all along - decentralize it and, well, you have Bitcoin...

Bitcoin, again, will be like gold because it's more valuable with a limited amount.  Centralized authority will unjustly create more like they are now; the model doesn't change. 

They'll learn eventually...

I know this is a post already, but can anybody give insights on flying with Bitcoin?

BTCtrip.com - they're not responding to my emails... are they still legit?  I want to know if it's possible to use my Skymiles account (Delta) with the tickets that I purchase.  It seems that I purchase the ticket and they send it via email.  I'd like to use my Delta app on my phone (I'm used to flying with Delta and using their app for boarding)

Cheapair.com - they don't have the airline I want to use (Delta)

Is there another method?  Has anybody used brawker.com for airfare - specifically Delta?


EDIT: I'm flying to Las Vegas at the end of the month to celebrate my 30th birthday

Haha so he answered the question...  it's a valid argument - with government control and regulation (much like Net Neutrality), it can kill Bitcoin.  No need to get upset at his argument... because as we currently stand, we are poised and in position to move in this direction.

100% agree.  We still live by and abide by a set of rules that were created before a lot of our technology nowadays.  Society is completely and vastly different than it was just 50 years ago. 

We need to figure out a way to adapt and adopt as a human race.  We're such small picture beings...

Who knows, maybe we'll all work together in the future when we realize it's just one short life we have - ownership of ANYTHING doesn't matter in the long run.  Let's make our lives here the best they possibly can be during our short tenure on Earth.  I doubt I'll get to see this in my lifetime.

What do you mean how would people get paid?  With jobs.................. just like today...............

I don't think you understand the fallacies in today's current financial system.... you don't just print money if you need more......

Yes Bitcoin's value would be insanely high... that's why you can use it in fractions....

You must be a dad...

What about this thread? https://bitcointalk.org/index.php?topic=740112.0

And what about the NSA speculations behind Cryptonote? http://en.wikipedia.org/wiki/CryptoNote#NSA_involvement

Allowing people to host it themselves and the code to remain open to view (i.e. Github).

I get this and I'm TOTALLY in favor of it.  However, a scenario where a large percentage is lost all at once - would that not disrupt the economy?  All of a sudden product prices should move down because the Bitcoins are worth more.

I get over time the value will compensate - but what about all at once?  What if we're stupid enough to trust a 3rd party to hold coins (for whatever reason) and then they vanish all at once.  What happens to the economy in a situation like this?