Another random news post: BitXChange.ro, a Bitcoin exchange in Romania, fired their chief programmer last October, and he has been holding their servers and user account hostage since then. Exchange owners advised clients to withdraw everything, and claims to have been processing all withdrawals by hand since then. https://www.btcxchange.ro/newsThat was early December when that happened. They were hoping to have it back up in January but it looks like it will not return. |
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That's a really interesting way to receive your paycheck. Have to check that site out more, but wouldn't dare to use them yet since they are only in beta and we know what has been happening with unfinished sites lately...
The worst that could happen is they disappear in that brief window from when I get paid and they send my bitcoins. If that happened then I'd be able to have my company reverse the transaction. But that window is very small. A matter of hours. It is better than an exchange because once they have my money it is immediately converted to bitcoins, sent to an address in my cold storage. |
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I work for General Dynamics, a company that is suckling on the US government's teet. They would never risk their sweet military industrial complex relationship with the government by accepting bitcoins.
I use bitwage.co (I do not work for them, just happy that I can get paid in Bitcoin).
I set up my direct deposit to the account number they provided me and my last paycheck it was all converted to bitcoins automatically. My bank never saw a penny of my paycheck.
That is the first step in dumping my bank forever.
For spending money I usually sell on localbitcoins for a profit anyway so I always have some cash on hand. And pretty much anything I want online can be paid in Bitcoin.
where do you live in the world? curious how easy it is for you to sell for fiat on local bitcoins. I live in Germany, where localbitcoins is banned. Before it was banned I was getting almost too many people wanting to buy bitcoins because it's so hard to get them here. I charged 10% and that was undercutting other sellers so much that people were driving hours to buy from me. Now that they shut down access in Germany I have 3 or 4 people that I traded with before that contact me, usually just a bitcoin each time they get paid which is enough for me to pay my rent and some spending money. I actually prefer this because I did not want to start turning people down for trades and risk my localbitcoins reputation but I was getting too cash heavy and am not comfortable dropping more than 10k euros in my bank account. I meant to use it as a way to get cash for bitcoins, not turn it into a business. |
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This and the 2 other "Bitcoin is used by terrorists!" threads bumped by: MasterCasino, BigGameCAsino, JohnsCasino (see any resemblance?), all started and bumped by Dondie.  |
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i tried using this when i booked my flight thru them a while back. flights, yes bitcoin, car rentals, no bitcoin. Yes, I tried this yesterday. They ask you to pay when you arrive. |
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If they do it will be yet another place where Bitcoin can be spent to further reduce the price. I don't why this news excites holders.
You mean it would be better for Bitcoin if nobody actually uses it?  Get a grip. Bitcoin will only rise if it's being put to use, not if people are just sitting on it and waiting passively for something magical to happen. Then again, whenever you spend bitcoins, make sure to buy back on the market or exchange. That's how you spend bitcoins and avoid price reduction (from merchants dumping bitcoins) at the same time. Why would an ordinary customer do that? Bitcoin offers no advantage over traditional payment. More merchants mean casual holders only get a chance to cash out. Or it allows people to go from casual holders to active Bitcoin currency users. |
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Expedia only does hotels, btctrip only does flights and hotels, CheapAir does flights, hotels and car rentals but when I went to book a car rental it said I must pay when I get there. Paying with a credit card when traveling is chalk full of fees I would rather not pay. Are there any other options for paying with Bitcoin?
How would the get security for insurance excess etc? I could still provide a credit card when I arrive like I do with some hotels to cover any overages. Hopefully my AnxPro bitcoin debit card arrives this week then. |
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It's not a government when there are no forced taxes and forced monopoly. Yes, power will always exist, but power and government are not the same thing.
As long as someone has more power than you or your group, they can control your life. That includes making you give them money. If you sit down in a park and open a bottle of wine a man with a hat and a gun might come up to you and say you are not allowed to drink that there. Fortunately you have a gun so the two of you are of equal power...but he gets on his radio and calls his friends who also have guns. You have some friends with guns too and you call them and they come to protect you. They see this and they call some guys in big trucks and riot gear. You call your militia buddies who are trained for this type of thing. They call friends with helicopters and tanks. And on and on it goes, them bringing out jets that you have no response to. Which gives that man with the hat more power than you sitting in a park. So you have to do whatever he says. Survival of the fittest. Everything else "government" and procedure and elections are just a show to make it easier to take more power from people without them resisting. |
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Meh, we live in an anarchist world already.
The "governments" just prove the power of the fittest theory. They have the most power so they have the most control.
Anarchist means no government, by no means do we live in an anarchist world. In an anarchist world people would still be able to combine their power, use that power to control others and the group with the most power can control the most people and influence other groups of power. Call it government or not, it is the same thing. |
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Expedia only does hotels, btctrip only does flights and hotels, CheapAir does flights, hotels and car rentals but when I went to book a car rental it said I must pay when I get there. Paying with a credit card when traveling is chalk full of fees I would rather not pay. Are there any other options for paying with Bitcoin?
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Meh, we live in an anarchist world already.
The "governments" just prove the power of the fittest theory. They have the most power so they have the most control.
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This seems like a tasteless argument. My town has just confirmed a 6th case of Measles this year. Once kids start dying again, maybe then you will be more reasonable
Of those 100 people affected by Measles in the news, how many died? Could it be that our sanitary hospitals and better medical practices have surpassed the need for injecting poisons into babies? Before a vaccine became widely available in the 60's almost every other child contracted Measles. Traditionally there were epidemics every couple of years affecting up to 350,000 children and filling hospitals. If you really believe we beat it with cleaner hospitals, I have a nice hand carved bridge for you to buy So it was the vaccine that brought the numbers down? Cool story bro. |
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This seems like a tasteless argument. My town has just confirmed a 6th case of Measles this year. Once kids start dying again, maybe then you will be more reasonable
Of those 100 people affected by Measles in the news, how many died? Could it be that our sanitary hospitals and better medical practices have surpassed the need for injecting poisons into babies? |
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Key facts
Measles is one of the leading causes of death among young children even though a safe and cost-effective vaccine is available.
In 2013, there were 145 700 measles deaths globally – about 400 deaths every day or 16 deaths every hour.
Measles vaccination resulted in a 75% drop in measles deaths between 2000 and 2013 worldwide.
And how many deaths from Measles in the US in the past decade? How many deaths from the Measles vaccine in the US over that same time? |
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Likely decentralization, but wasn't the double spend an issue with the others and bitcoin solved that? I could be wrong about that though.
This. The others had a big target on their backs and could be taken down. And were. Why did Napster fail while Bittorrent has not? |
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You can now vote securely, anonymously and transparently using the system setup on BitPools.
But it is not set up for today's government elections. Wasting time on that would be like Satoshi creating Bitcoin to make it easier for banks to transfer fiat amongst themselves.
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Back in October we had Ebola shoved down our throats with the 24 hour scare networks making everyone believe they would catch Ebola if they went outside.
Now they're doing the same thing with Measles.
I'm thinking that they had some vaccine ready to give out and were using the Ebola thing to scare people into getting it but something must have happened to make that batch not work.
So, maybe they have it working now and instead of pulling up Ebola again since people didn't fall for it, they're pulling out Measles which as the "expert" on TV said the other day is so much worse than Ebola (even though nobody has died from Measles in the past 20 years while 100 people have died from the Measles vaccine).
Thoughts? Are they putting something in the vaccines? Just a money making scheme?
Are you one of those paranoid nuts? Like from the television  No, I am not from the television. |
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It looks like OpenBazaar is on the right path as a decentralized retailer. But could it be used for decentralized distribution?
Say someone has a big empty garage/basement and some free time. They could put an advertisement out as a distribution for a certain sized order and charge a fixed amount for handling.
This way you might have some investor that's willing to buy 1000 cell phones at $100 each wholesale, they have the boxes of cell phones shipped to the distributor and a retailer on OpenBazaar sells them for $200 each. If they each take a 33% cut, they make $33k each. There would just need to be a mechanism for distributing the funds for each sale.
You could even use BitPools for the investors, have 100 people invest $1000 each into this and get $1333 return once all are sold.
And no I'm not talking about distributing illegal items, people would know in advance what they are distributing.
I know plenty of people that would love a work from home job and this would be a pretty simple way of doing that. You could even have multiple distributors and ship from each based on location and shipping costs. Even having a distribution to distributors to the point that you have a distributor in every city, then you could provide same day delivery. Maybe even have a decentralized method of delivery, someone with a truck willing to go between two cities on a regular basis with cargo.
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