comment of the year. i also hope beyond hope that i am the crazy one and the normies are the sane ones. vindication is not worth that price.

who cares if there is a proxy involved. you can still buy stuff from walmart with bitcoin, this is what we have all been waiting for, bitcoin is now almost as liquid as cash. the significance of this can not be easily overstated.

please let me know how it turns out!

seriously guys, in one fell swoop the question of "what can i do with a bitcoin" became "what cant i do with a bitcoin" and all i hear are crickets. egifter has made bitcoin almost as liquid as usd and no ones talking about it.

i dont understand. is it a scam? are they just a poorly run business? i mean I'm looking at the prospect of buying my groceries with bitcoin next time i go to the store, how is this not of monumental significance?

wow this is huge. why isnt the forum in uproar over this? you guys are bridging the gap for us and making bitcoins 95% as liquid as cash. this is amazing, people used to say what the heck can i do with a bitcoin? with the service you guys are providing the better question becomes what cant you do.

if you guys are legit this ought to be taken VERY seriously. i will try out the service next time i want to buy something and report my experience here.

hey that's me in a nutshell! neat! google knows me better than most people i know know me. i wonder if maybe google wants to hang out some time.

i sold a house once and asked for cash. what they did was give me 20,000 write a new check for the value of the original check -20,000 and i just took that check to the next bank and rinse and repeat. i mean i guess 20k is a limit on cash withdrawals but its a pretty large limit. thats just my anecdotal experience though, idk if it represents the norm or not.

The status quoe, by definition, cant change the world.

sustained 3.5 per month REEKS of ponzi to me.

just remember, as this experience should have already taught you, if you dont hold it you dont own it! asside from that we cant tell you what assets to hold, that depends on your values. do you want low risk high safety, or do you what high risk high return? its ranked like this, gold is most safe with lowest return, silver is in the middle, and bitcoin is high risk high return.

food, water, ammunition, bitcoin, gold or silver.

if none of those than yes cash is a less bad option. imagine that you are right, imagine that the banking system crashes and cash and checkbook money both become worthless. it could be the case that checkbook money becomes worthless before cash, in which case you could potentially unload your cash before other people realize that it is worthless and leave someone else holding the bag.

great idea. unfortunately the government would never let it happen. we can dream though.

exactly! as an example look at how quickly snowdens revelations turned into stories about snowden and not about his revelations.

i know that if the government outlawed bitcoin and bitmit moved to the darknets i would participate. i suspect many many others in the libertarian community would also. granted we would need some network effects before the dark nets could offer lower prices than walmart. but in time they probably would because there would be little to no taxation or regulation in the supply chain. goods would be produced in the freest jurisdiction and imported with out duities the distributed by grey market actors. early on these economies would be built up by activists and it wouldn't be in the interest of ordinary people to become agorists out of self interest, that is something that would have to come with time.

These movements are state subsidized, this isnt anyone's opinion and it isnt paranoia, its demonstrable.

if you take all of the men on earth and average their pay, and take all of the woman on earth and average their pay, one of the groups will necessarily be payed more than the other. the chances that they would happen to be payed the exact same amount is 1 against ~infinity. suppose its woman and not men, should men start menannist rallies to combat this injustice?

it isnt unfair, woman take huge leaves of absence when they are pregnant and nursing. should the employer be forced to eat this cost? if so why? if so than thats unfair to the employer. if not than the employer must offset this cost somehow, the natural conclusion is slighly lower wages for female employees.

im not sure which of the two groups is dumber than the other but the same principal applies from my earlier paragraph. by any metric you chose, if you average the scores of men and then average the scores of woman one of the two groups will necessarily score higher than the other. i dont know which of the two groups is more intelligent but one is necessarily more intelligent than the other. so by considering this fact we can deduce that by saying "girls got paid less than boys and they are not more stupid." this necessarily means that boys are more stupid. why do you suppose boys are more stupid than girls?

sure there was some serious sexist bullshit in the past. woman not being allowed to work or own land. but we are past all of that. at this point feminists dont want equal treatment, they already have that, they want sexism against men and that is why people dont like them.

If governments were to make bitcoin illegal than that would stop people from using it about as well as making cannabis illegal has stopped people from smoking pot. The only real effect of making it illegal would be to drive legitimate markets underground. we would see websites like the silk road where you could buy shaving creme, bath tissue, or those little coolaid packs. This would back them into a position where it would be politically untenable crack down on markets that are so apparently benign while at the same time people participating in this economy would be building an infrastructure that was parallel to the white economy but entirely disconnected from it. in short they would be inviting agorism, they would be creating a situation where it was in the economic interest of normal non activists to unwittingly become agorists purely out of self interest and this would reduce peoples perceived and real dependance on the state.

this is why we have the feds cracking down on silk road and opening their arms to white market bitcoin businesses. they want to pull this thing into the white markets. of course if you think through the logic its apparent that this is still not a good thing for their money printing monopoly so of course they would like to just make bitcoin not exist if that was possible. the only reason they are trying to pull it into the white markets is because they know they cant kill it, the learned this from napster and bittorrent, they are simply choosing the option that is to them less damning.

what does this mean for us? well its a good thing for the future wealth of early adopters, its probably a bad thing for the future health of the species as a whole. here i think for the same reasons that it would be on net bad for them from their perspective to make bitcoin illegal, it would be on net good for the world. unfortunately they missed their own feet this time.

who would sell their last bitcoin when there is the possability that a single bitcoin could be worth tens of thousands of dollars some day. you could atleast hold onto one on the off chance, just so you arnt kicking yourself in the ass someday.

they still cant print bicoin

i know i was just messing around.

thanks for chiming in Gavin. that sounds like very good advise to me.

also you must be able to afford to lose a lot of time seeing as how much you have invested in this project so far