2020? The dollar as we know it now won't exist by then I suspect, but I've played along with your logic on the poll and voted for $2000+ I reckon that they'll have probably hyperinflated the currency so much 1 Bitcoin will be worth something stupid like $100,000,000

Because if you support the threat of violence against other human beings then that just makes you an asshole.

Please stop trying to spread panic, it's actually just getting amusing now, this article is about how the Singapore government is legally defining Bitcoin rather than actually being able to regulate it, as people have speculated on these boards the only way somebody could probably attack Bitcoin is with a quantum computer lol, they aren't going to be able to tax it, not directly anyway the technology just doesn't allow for easy confiscation or centralised interference.

Yeah, it's not the first, but definitely a big move.

And I got trapped by the date again >_> lol

LOL it's going to be far more than just 700,000 now you really are guessing, there's no way of telling for sure though because there is no data on the cryptocurrency users, that's how the system was designed so people couldn't be nosy buggers and spy on somebody's wealth.

So far I think Ron Paul has yet again been the only one to prove himself in the Libertarian circle to really be open minded and rational when it comes to anything he comes into contact with, it's a shame really because Peter Schiff is normally pretty good at what he does, I don't know why he acts like this because in his debate with Stefan Molyneux he was actually really good, I think he's got a case of the old man syndrome.

I managed to get myself verified on Bitstamp literally just a couple of days ago, the only thing they got me for was the documents not being in full view but after that they happily let me in. I noticed you said Slovenian bank, unfortunately I don't think this is necessarily Bitstamps fault because due to regulations with financial groups and companies like theirs they're going to immediately discriminate against people from countries like that. Yes it's a shitty situation but bear in mind that when you go to these exchanges they're still linked to paper and unfortunately, the moment a company links themselves to paper that's when they're subject to all kinds of bullshit and they have no choice but to comply or get shut down.

There are two possible things you can do to get round this:

. Mine coins, it doesn't necessarily have to be Bitcoin because it's extremely easy to sell cryptographic currencies, just not paper cash, it will take a long time to get Bitcoin if you mine it directly anyway but it's a fairly safe if slow way of getting cryptocurrencies and guaranteed

. Another faster but slightly riskier way, buy Gold/Silver on the open market from a dealer you know, this will mean you'll likely need an escrow and such but you'll get your Bitcoins right away because people are usually more than happy to take precious metals off your hands for Bitcoin and you'll get it right away without any exchange bullshit, as far as I'm aware, there are no current laws governing what I suppose they'd call 'barter' of Bitcoins for goods so it should be an easier path than going to an exchange

lol It's actually one of the only cop drama's I've wanted to watch just because it's sci-fi, was pleasantly surprised and who's to say in that day and age Bitcoin won't come on holographic USB sticks? the show if you're curious is actually a lot like the anime Ghost in the Shell, lots of sci-fi stuff mixed in with drama and gun fights.

It's right that you should diversify in Gold/Silver because then you have something physical in case anything goes wrong with Bitcoin but I am getting tired and frustrated of people like this who promote Gold/Silver and fail to realise Bitcoin could actually be an excellent compliment to precious metals because of it's limited supply and ability to perform international transactions at low cost without having to ship vast quantities of valuable metal across the oceans.

If any precious metal fanatics happen upon this thread, find a proper cryptographic or programming expert and have them examine the code for you if you are so sceptical about this currency don't just assume your 'I.T Expert' knows anything about this because all they'll know about is how to fix a busted hard drive and assemble a computer the majority of the time. I didn't even realise cryptography existed myself until Bitcoin but it clearly is a specialised field and some screwdriver monkey isn't going to understand a thing about it.

Reminds me a lot of the cracked.com writing style actually, nothing wrong with it, you just have to not be pompous and expect your literature to be profanity free.

I'll be honest, that's what most of the news outlets are going to report it like "Hurr durr! Doesn't mean a thing! Deflationary currencies suck! Always will because we say so! Bitcoin is still volatile!" Fox news have already parroted the volatility argument to the Overstock CEO lol.

Found it! That's some pretty poor web design though for such a big company.

Why is everyone suddenly ranting about Overstock again? Did nobody check the date on the news articles? I checked the site and don't see anything in their checkout yet, nice to see the actual CEO talking about it though.

And now you've gone for the scare tactics by saying people will die in the streets despite me offering plenty of alternatives that will help people, also, if you honestly don't know what I mean by mathematics and common sense will always win you really are a lost cause.


Yes you are, when you don't pay taxes you go to jail, that's a complete lie:

http://blogs.telegraph.co.uk/finance/ianmcowie/100019166/plumber-jailed-for-tax-evasion-as-hmrc-receipts-rise/

http://www.bbc.co.uk/news/uk-scotland-south-scotland-18352528

http://news.sky.com/story/1074638/wesley-snipes-freed-from-jail-after-tax-evasion

http://uk.eonline.com/news/437162/lauryn-hill-begins-prison-sentence-for-tax-evasion

http://www.ft.com/cms/s/0/45367884-2bd8-11e1-98bc-00144feabdc0.html#axzz2q08KfPYs

http://cpj.org/2013/10/vietnamese-blogger-jailed-on-tax-evasion-charges.php

What you call 'Not paying taxes' governments all call 'tax evasion' and you get arrested and put in jail for it no matter how badly you want to spin this, you're the one who is frankly naive. Also, I actually said corporate sponsorship, I didn't say corporations should run everything, that said, if they do it on a voluntary basis and run it efficiently I have no problem with that unlike you.

Love how you use 'force' in quotations, what you don't consider taxation force? What makes you think government is so much more reliable? Oh wait! They've fucked everything up through massive overspending and poor organisation, don't get me started about how some of our roads here in the UK are still being 'worked on' despite the work being going on for several years and then there's the fact you have these huge hospitals which keep people waiting for hours while not even bothering to do basic triage to find out which patients need seeing to first because there aren't enough staff to care for them.

I also love the way you tried to insinuate I wanted corporations to rule over everything, did I say that? No, but your attitude definitely is that of a corporation because you're saying essentially if I sit on somebody's land or drink somebody else's water from a lake therefore I must pay for it OR ELSE.

Keep on preaching, basic mathematics and common sense will always win out in the end.

Either local government where people voluntarily give their money ( Like state government or Local Council depending on which country you're in ) the trick is not forcing it on anyone and then also people can just get together and hire a crew to build it or you could do corporate sponsorship, since advertising is already used a lot on roads why not use that revenue to support the building of them? There are of course more direct methods like toll roads and frankly if you're going to bitch about that sort of thing then you're a cheap skate because I'd rather pay for it on a voluntary basis than be forced to pay for it or go to jail.

The trick is not forcing anyone to pay for it, you do that and you'll have a lot less resentment about building infrastructure and free healthcare, you might even have people going out of their way to support it like with a charity, oh yeah as long as it's run properly I have nothing against charities either, just so many of them are corrupt now and take a large cut of what's donated to them. It's only natural that when you threaten people with violence if they resist that people start hating the idea of giving money to the people threatening them.

Take Sean's Outpost as a living example of what can be done in a voluntary society as well people are quite happy to give that charity Bitcoin and yet according to your logic, if there were no taxes nobody would build any roads, yet why is somebody who isn't automatically being paid for it just taking Bitcoins and going around helping out homeless people?

Oh and do I have to point out the internet as a world wide source of learning? These days even with a pretty cheap internet connection that doesn't work very well you can do a damn lot of searching if you want to try learning something.

Oh well, I'm talking about getting rid of all taxes

.... That doesn't make any sense? Tax-inflated items? If you didn't have taxes you wouldn't pay any extra tax on that sort of thing you'd just pay for the items by themselves.

It depends on a lot of things besides the overall money supply, you should also take into account whether the devs are active, there are coins I've seen that have had an extremely tiny supply that have fallen apart and are barely traded now because of classic internet drama, scams, pre-mining or a dev team that simply didn't know what they were doing.

These low volume coins may seem cheap now but you have to consider who's behind them otherwise you might make a much more costly mistake.