During college, as a computer science major...there would be maybe 2 girls in the class of 30-50 guys. One asian and one ugly but with a boyfriend.

Hold on now, if you're from the future who's the president?

Since many of his posts were probably deleted for the page 10,000 deletes (maybe off on holidays?) he likely averages 20 posts per day, which is 10 war dollars per day.

Not a bad racket, it requires absolutely no mental ability whatsoever from the looks of it so hey...free money.

This is some seriously bullishness coming from a troll. Acknowledging Bitcoin usefulness.

He has come so far.

well at least it acknowledges Bitcoin's relevance when you could hardly buy anything with Bitcoin

now that you can live on bitcoin it must be even more so

Don't be surprised if you get burned.

Never sell bitcoins for a transaction that can be reversed. PayPal allows someone 180 days to reverse a transaction.

Looks to be gone. Thanks.

trolltards gonna troll

Assuming posting 7 days a week, every day of the year...19 posts per day.

And not a single one of them in any way useful to anyone.

Your activity is 420.

That is all I want to add.

Ya, I think it will start out as an option for a percentage of paychecks. The way bitwage does it is through the payroll companies so it is simpler for the companies to provide that option.

Gyft is good too. 3% or 30%...other people are losing money using their war money for those services instead of bitcoin.

It is simple, it is how I am paid. Taxes are taken out before my paycheck is sent to me. No judicial disputes, I get paid my usual pay...just in bitcoins.

This is already happening.

Do you work in the US and get direct deposit?

So if war money did not exist and all we had were bitcoins....how do you think they would calculate pay?

 

Do you ever use Amazon? Do you like losing money that you could be saving by using purse.io?

This thread is also a good demonstration of the fact that people only read headlines and ignore every post in the thread before posting something in that thread.

I think any industry with a billion in revenue per year is something the market will respond to and service. The price would need to rise 6 times to accommodate the demand.


Yes, most merchants do tend to convert immediately to war money but unless you immediately spend all of your money, you will probably take the length of your pay period to spend the money which means that on average you are holding bitcoins for half of the pay period. Over the course of the year you have held bitcoins for half a year on average. This still equals have a billion in bitcoins every year. That more than covers mining costs.

Which means more adoption, more people paid in bitcoins and more spending. No matter if merchants keep it in bitcoins or not, that steady stream incoming will make up for any conversion by the merchants.

Only about 1/6th of all bitcoins is traded on the exchanges. So those 20,000 would be sucking out over 220 bitcoins each (at current prices) while only 110 bitcoins per household would be available on the exchange. Accounting for only holding half of the time means that those 20k households would be buying every bitcoin on the exchange at current volume and current prices. That's not counting other investors.

If Bitcoin took over, the Fed could print an $18 trillion bill and pay off the debt and none of us would be affected (except those that have treasury bonds in war money). The economy would continue in bitcoins without a huge war money debt hanging over our heads.

Countries would not be able to print money to go to war, they would have to spend only what they have so the wars would turn into small skirmishes.

Ahh, so you use the phone line for Internet?

I'm just saying, most people just use their cell phone as the main line. You could just unplug it.