The point is that the old saw about 'your bitcoin is useless when the interwebs go dark' is trotted out time after time by idiot detractors that don't even realize that they're in the exact same predicament. They ignorantly toss it about as if to make their case.

Of course, when it comes to picking up the pieces afterwards, my money is on the prospect that the resourceful cryptonerds will get up a fully functional bitcoin packet radio network long before the merely resource-controlling overlords will restore access to the Internet-dependent monetary system to the mere peon subjects. Of course, if not, it's not as if its dollars before bitcoins -- it would be dollars concurrent with bitcoins.

edit: s/their/they're/

Umm, no. Not if the bank is charging them negative interest. Let alone the fact that one cannot live on $2 a day in the UK.

Aside from the fact that OP was talking about *fiat-lover's* WWIII bunker, not bitcoin-lover's bunker....

Wait, you expect to use your USD - overwhelmingly digital, or your Visa - intractibly dependent upon the Internet, after the apocalypse you've been prepping for? Because the comsats'll be comsatting and interweb providers'll be providing interwebs@groundzer0?
Maybe swap the $117.37 that your on-hand cash is limited to for tins of dog food, hmm?
You wacky, conventionally stupid old people! The nutty shit you imagine!

It will be interesting to see how deep Homero's scams reach into other commercial endeavors within the Bitcoin space. Cryptsy, for example, seems that it may have been in bed with him in the Paycoin scam.

None of Homero's endeavors ever manufactured mining equipment. Sure, he sold some units made by others.

In what alternate universe do people fork over millions, based upon the credibility that he was the equivalent of a clerk at radio shack ([tm] RIP)?

legit hardware manufacturer?

eta: ooohhhhkaaaaayyyyy.....

I'm surprised to hear this from you. Gavin can change_some_ code at any time. He is powerless to change any code that anyone else is running. Hell, he can't even make changes to Bitcoin Core without the approval of the gatekeeper he put in place when he gave up the helm.

From your incredulity so far, it is quite evident that you don't know any of the facts. Before you dig your hole any deeper, you might want to learn something about the facts of the case, as uncovered by independent non-professional investigation (the SEC ain't gonna share their files with you, you need another source):

https://bitcointalk.org/index.php?topic=857670.0

You might want to prepare a bushel of coffee beans before you launch in. Thread is long. Evidence is copious. And while some skepticism about actions brought about by agencies of the government is healthy, you're just making yourself look stupid by assuming that this is nothing more than malicious prosecution.

WTF is GBTC? Whose implication?

Stu's endorsement was the credibility builder that allowed the entire scam to take flight. No way the incoherent shyster would have had more than a pittance of marks without it.

Is BlindMayorBitcorn related to ChartBuddy? I liked the HAL theme, but there is something deliciously ironic about Brother Ray with 3D shades.

Whoever does run ChartBuddy - thanx for the occasional alternate gifs. They almost always elicit a little chuckle.

Enough waiting? Three years ago today, the price was about twelve bucks american. From my perspective, that ain't too bad. Perhaps more patience is in order.

If bitcoin becomes anonymous, why would anyone other than the owners of mixing services care what happens to them? I certainly wouldn't.

Well, no. At that point, he is clearly referring to an earlier attempt on the part of his group. The one that fell through when the Honduran Supreme Court overturned the constitutional changes that would have allowed the project to happen therein.  See 7:00 - "when ... interests in Honduras .. rejected the plan, it was a bitter defeat. But Honduras was not the only country we were negotiating with. Queitly we have been working with a different country on a different project"

I honestly don't know. When Yago presented at the Bitcoin 2013 conference in San Jose, he quite pointedly refused to divulge with which country Epiphyte was negotiating. Honduras seems quite plausible.

That since-imploded Chilean thing had already been in discussion elsewhere, so I know that it is not the same effort.

eta: more info: https://bitcointalk.org/index.php?topic=316449.0

Further eta: https://bitcointalk.org/index.php?topic=208333.0;all

Further further edit after re-familiarization: Nope - not Honduras.

It rings plenty of bells. Different project. That's why I am denying it. Quite simple, really. I don't know why you persist in trying to mischaracterize my posts.

no.


no.

no.

Back in 2013, Edan Yago's / Epiphyte's project was negotiating with some relatively impoverished nation to create a kind of 'regulatory hands-off' real-life Galt's Gulch equivalent. I lost track of that project somewhere along the way.

If only I could take you at your word, sonnyderp.