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6521  Economy / Economics / Re: Whats wrong with hoarding bitcoins? on: June 04, 2011, 02:46:37 PM
A currency serves two purposes:

1) value exchange
2) value storage
The idea that value can be stored is *mostly a myth. An ideal currency under the right conditions can appear as if it is storing value and that's good enough most of the time so it's not too much of a stretch to behave as if it really is "storing value".

But ultimately value is the willingness of another person to give you something else for what you have. Willingness is not storable so the capability to store value can only be emulated.

*You can store tangible goods and they will keep some inherent utility but that's a minor part of the economy.
6522  Other / Obsolete (selling) / Madden NFL Football Season 2 arcade game on: June 03, 2011, 08:32:24 PM


We have this game available for sale on our website at a special price of $1500 (or equivalent BTC) until Saturday.

We can ship it to anywhere in the continental US for $350 (or equivalent BTC) or you or the carrier of your choice can pick it up from our Fort Worth, Texas store.
6523  Bitcoin / Project Development / Re: Dallas meetup group on: June 03, 2011, 03:48:03 AM
There's just three people so far but Dallas now has a Bitcoin users Meetup group.
6524  Economy / Economics / Re: Deflation once again on: May 29, 2011, 06:30:53 PM
What Bitcoin needs most are sellers and buyers of actual goods.
So what actual goods are you willing to buy with Bitcoins?
6525  Economy / Marketplace / Prepaid cards on: May 29, 2011, 06:14:27 PM
Abel'sFire.com is looking to expand our store to start selling products that will be specifically useful to Bitcoin users. One idea is to offer prepaid cards that allow people to use their Bitcoins to purchase basic necessities. Please let us know if there is any interest in other products as well.

Our site is located in the US so any sales would be either in person at our store in Fort Worth, Texas or via USPS mail.

6526  Bitcoin / Project Development / Dallas meetup group on: May 29, 2011, 04:23:52 PM
Bitcoin groups are starting to appear on meetup.com but as of yet there are none in the Dallas-Fort Worth metro area. It would be beneficial to have one here but since accounts on that site aren't free I don't want to start one unless there are at least a few other people who want to participate.

So if anyone who is the DFW area would like to start one please reply and if we get at least three people I'll register the group.
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