Does this mean that you can only transfer €60 to another Greek bank account as well, or is the €60 referring only to cash withdrawals?

Thanks for going to the effort of doing this. I will keep my eyes peeled for part 2.

Do you mean if a customer came in wanting to send euros out of the country that he couldn't because of the capital controls the banks have on sending money out of the country? Ok that makes a little sense.

But why? Perhaps there is an obvious reason so I would appreciate it if someone could fill me in. Surely it would be a great time to do business for WU? No?

It is a bit of a fanboy documentary isn't it? But theres nothing wrong with that. There is another one due out soon that is apparently going to be more neutral. It looks good. More info here https://www.kickstarter.com/projects/bitcointheendofmoney/bitcoin-the-end-of-money-as-we-know-it

and then what?

Surely your government would require the purchase to be made in your local currency with regards to real estate. Sure enough you could just make a bitcoin transaction in return for the keys from the current owner but if you don't pay the taxes your government expects it wont take long before they come knocking. I don't think we own any property, it all belongs to the state, we are just responsible for the upkeep and are afforded 'quiet enjoyment' with the assistance of the police and the courts if we adhere to the states rules.

Providing videos like this for our entertainment is really great. Many many thanks for making and sharing this.

Above is the latest set of instructions in order to extract your profit for anybody that has been following this thread.

If i could earn bitcoin i would spend it but i wouldnt buy bitcoin with the fees or markup involved in doing so just to use it because it would be cheaper to just use fiat. Presumably there is still an option to pay in fiat at the same price. I might do it once or twice for novelty value but ultimately i am going to choose the cheaper option.

He said bitpay not bitbay. I think he got confused. Although this is the first I have heard about bitbay.

Good luck to that man! And thanks for sharing the video link, it put me on to the bitcoin doco and next, the rise and rise of bitcoin.

OK Guys. The selection match has kicked off so no more entrants for this week. No one has reported that they have followed my instructions but I will complete this free bet for those that may be watching and bring a new one next week.

I think that is unlikely. Never say never though, many people got sued for downloading from Napster back in the day (in the US). In my opinion though they will go after the operators. It is a money making exercise.

I think the answer to all this is decentralisation yet again.

I've been searching 'decentralised gambling'. The most interesting one that popped up was BitFrog, which is working on decentralised poker.

I can picture a decentralised sports exchange with smart contracts grabbing information from official websites and settling with timestamps or voiding if returned false. I've no idea who's going to make it though. Some wonderful tech geek hopefully.

I'm not quite sure how decentralised casino games would work, but I can wonder. Take roulette as an example with 300 million people playing on the same table. There should be enough opposing bets to match a high percentage of bets. You might need to return partial bets if they can't all match, seems a bit of a headache. And of course you would need to make the odds fair so increase 1 number from 35/1 to 36/1, or just remove the zero from the table. Can you spin the same wheel decentralised? I have no idea. I'm just an idiot with an imagination.

Last orders. 2 more hours to get involved!

We are back to 2.05 at betfair sportsbook again which is more favourable as previously described.
Today is the last day to get on board with this so anybody from the UK or ROI that wants to give it a go needs to get registered and place their bets before 9pm UK time tonight.

Yep! It's purely so they can get their hands on their cut. No doubt they would provide a different answer if you were to ask them though.

This sounds pretty impressive for something that one chap has been working on, on his loneseome!

I just took a look at Case, so many thanks for sharing that. This looks good. In the video they say it fits in your wallet. It looks a little too fat for me. Who knows in practice it might be ok, but it does look too chunky for your wallet at the moment. A bitcoin wallet that fits in your wallet is needed in my opinion and it is good to see that there are people trying to make this.

One thing I noticed when the lady presented how to send a transaction was that she didn't punch in an amount that you need to send. Presumably you need to do this still.

On the other hand, I think the mycelium wallet app for android can do a lot of this more conveniently.

I share your sentiments. Ebay and Amazon must be the biggest two players for e-commerce at the moment. Open Bazaar has the potential to create a whole new industry and take e-commerce with it. May I propose we call it BTCe-commerce? You heard it here first.

lol