Fear. Uncertainty. Doubt.

They also haven't thought of everything. B^3 layers are probably not possible with Ethereum. Sure, it has great potential for B^2 applications such as contracts, but large enterprise applications may be beyond its capabilities. I expect development efforts for Ethereum will abandon it when money starts going into Bitcoin development to use the Ethereum ideas. Many nations grew their economies by copying the pioneering work of so called capitalists.

I really doubt the death had anything to do with Bitcoin directly. There are many weak hands that don't bother to learn what Bitcoin is and only trade it, but never secure it in a wallet. Incompetent investors invest (gamble) what they cannot afford, only to lose on what they do not fully understand. I doubt she was either of these. Nothing personal, but my participation in Bitcoin is tainted by cowards even more than scammers. I would rather be tortured and beaten to death by a Bitcoin hating dictator while I laughed in his face, than give my detractors in Bitcoin the satisfaction of making me a statistic.

Satoshi will reimburse all the MtGox losses from his personal 2 Million BTC cache. 

Bitcoin is a drunk driver.

Deep. Probably CNN only keeps their fact checking behind their firewall and then feeds them to produce unreliable information, er wait, that's MSNBC, FOX,and CNBC.

I also have plans to build Bitcoin vending machines, just not full ATMs. I like the Lamassu, but they are a little pricey for my needs. I can manufacture them here in the Philippines if I can get a good design and components. I have a catchy domain name for the machines, but a long way to go. I have some good ideas and am willing to share.





P.S.
I have no interest in promoting fiat currencies. I'll let the banks spend the overhead and infrastructure to maintain their fiat money, thank you. Besides, BTMs are much cheaper. Also customers won't be followed and mugged after leaving one (I live in a dangerous place).

I imagined I dreamt I telepathically linked with Satoshi's previous life (you don't want to know). Anyways, it was the 1950's and we came up with "Electro-Platinum" or Eplat for short.

I am in the southern Philippine island of Mindanao setting up a network of people interested in promoting Bitcoin. Most Bitcoin development centers around high tech security solutions, but most folks here are lucky to have a web enabled phone let alone a tablet or computer. They use shared computers. What I am looking for is the best means of storing, transferring, and trading bitcoins as cheaply and securely as possible. I have complete faith that the people will grasp the importance of security and will themselves develop creative solutions. I do have a business plan for the future, but that is a whole 'nuther set of issues. This project is my passion because I believe in the Philippine people. The niche here is that over 60% of the Philippine income comes from Overseas Foreign Workers, OFWs that have access to computers, smartphones, and Bitcoin exchanges.

(The figures are approximate)
Private microloans will be given by sole proprietor lenders at 20% per month (240% APR) that will be discounted to 10% per month (120% APR) if payed back in Bitcoin. The 20% is the typical rate due default and costs of filing claims. The idea is to find borrowers with OFW friends and family willing to use Bitcoin. The 10% is far less than Western Union charges, but plenty for money lenders to make a profit.

This will meet the demands of immediate money needs for impoverished people. I am working on an ATM solution, but that is a long term project and given the resourcefulness of filipinos, I have every confidence that they will adapt quickly to bitcoin.

Eventually, they will develop great solutions, but in the meantime we need to get them started. Now all I need is a cheap and secure way for poor people to secure Bitcoin wallets and trade with money lenders that cannot entirely be trusted. What will be their minimal requirements for complete security and how will they have means to secure some for their own savings if they don't have any way to print QR bills?

There are very old methods of securing private messages and I welcome those suggestions as well.

If you want some REAL investors, I have the Glangarry leads. But first you must outsell Mastercoin.

Every Sony product I ever bought since the 1980's was garbage. Therefore, Japan has collapsed. Expected. Totes Magotes.

It's hard to criticize something that is still in the planning phase. It really seems as though they are feeding Bitcoin to the bears by making them wait until Goldilocks finds just the right fit. Anyone trying to raise funds to make Bitcoin super awesome now won't even bother because you guys will take all their investors away. I'll just wait for someone to build a better mousetrap.

There's one in every crowd. Thanks for the clarification, Spock. 

120 trillion pennies would easily cover the land area of the earth several feet deep and kill all life. You had me worried a second.

And that they just printed more to cover their losses.

Perhaps he made a 750K BTC nLockTime transaction for block #6,929,999 by mistake.

By applying the Kessler algorithm to the Daniel's Theorem I can reach a proof of nearly 200 as the Walker baseline for a Petron series. I put the tabulation at about 700 with substantial volume.

Aside from Gox that went to zero for many poor souls, we've not seen 200's in a long while. The bar keeps rising in this limbo game.

necrobump