If someone knows Banksy, he might be interested in promoting bitcoin. We will need guerrilla marketing to make smartphone commerce. It seemed whimsical enough to post.
cbeast, does this imply you know Banksy and you're in contact with him? Would be great to have him on board! I've conversed with many interesting folks, most of them as pseudonyms. There seem to be very few freethinking hipsters, and they tend to orbit similar worlds. If Banksy groks the significance of a proletariat crypto-currency, he may find a new milieu for his art and craft. |
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If someone knows Banksy, he might be interested in promoting bitcoin. We will need guerrilla marketing to make smartphone commerce. It seemed whimsical enough to post.
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We could change the name to credits, quatloos, or spacebucks.
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Banks tend to operate at 3% http://en.wikipedia.org/wiki/Net_interest_margin or higher. Plus there are exchange rates and myriads of other fees. In the 1700s, this may have been a great idea, but isn't cryptocurrency a better idea? Time will tell. |
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A 1% transaction fee would command a high priority for miners/auditors on the bitcoin network. I'm not sure if a bank could even operate at a 2% margin. You can convert bitcoin to tangible forms to "sneakernet" them around, but they will still need the bitcoin network to verify a transaction. If you bring a bank into the transaction, you are going outside the bitcoin network, which is fine if you trust centralized funds. Hopefully, bitcoin devs will engineer a solution for this need.
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I just found it interesting when W. B. turned this new leaf as some kind of consumer advocate and adviser to the POTUS soon after the Madoff revelation. I'm not sayin, I'm just sayin.
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It will be interesting when the reward drops to 25btc.... I think all these get rich quick dweebs with 20+ rigs could be the first to shut up shop and take their Gh/s with them
If/when people actually start using bitcoins universally, the income from transaction fees will make these rigs profitable for those with the cheapest electricity. We will be talking about Ghz/s/Kw. |
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How am I supposed to play tennis with your helicopter parked on the court? You inconsiderate dolt. Jeez; bitillionaires and their frigging helicopters... Get back in the submarine and collect my golf balls, caddy. |
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cool and scary. first a good bit of businesses have things like this, and most of the time it is designed to obfuscate the money you are spending. Look at xbox points or battlefield battlefunds, and they are almost never one to one with the dollar, because they dont want you thinking about what you are spending. Another scary thought, is corps used to have currency back in the day of the robber barons. Where you ended up getting paid in walmart coins, which only could be spent at walmart. You lived in walmart housing, and shopped at the walmart corporate store.(obviously not walmart but what ever was around at the time). It is where " i owe my soul to the company store" came from in the song 16 tons. and walmart is very interested in doing this again, they recently lost a case in mexico where they WERE paying their employees in walmart coins. er walmart gift cards, where employees could only use them in stores and only at presale prices. a decentralized can be a boon to consumers, but a wide variety of them can also be our bane. Remembering where we came from is always wise as we head towards where we are going. Exactly, I hope it doesn't get to that point, but it probably will. Remember when every big corporation had their own charge card? People had wallets full of cards from Sears, Woolworth, Standard Oil, etc. It was inconvenient and expensive overhead for the company bookkeeping. Then came Master Charge, they made it easy to get credit everywhere with just one card. The problem is now, the credit card banks in North Dakota charge too much. Imagine that. I see history repeating itself here. Businesses will have the ability to once again stimulate sales with a gift card, without the bookkeeping overhead. As the value of their currency grows, it can become as valuable as they want to make it. Walmart wants to start their own bank, but has been denied the ability to do so by the SEC. Cryptocurrency can allow them to create a credit service with little overhead for transactions and even let them setup cheap and secure wire transfers globally. |
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I'm interested. I've actually doubled my reward to 2 Blowjob coins per blowjob given, and 20 if it's a hot female.
-BlowjobCoin (doesn't need a block chain; 2 Blowjob coins per blowjob given, and 20 if it's a hot female; centralized issuing by tomcollins) http://bitcointalk.org/index.php?topic=7500.msg114752#msg114752I was going to add it to the list, but you can issue IOUs in any unit you want using ripple, even blowjobs. If it doesn't need a block chain, I don't think it has to be in the list. Hi, I'm starting an alternative to BlowjobCoin called BJCoin. It's exactly the same as BlowjobCoin in every way except miners get paid 100 coins per blowjob instead of 2! This will definitely work and I will be a millionaire because I got in at day 0! Wow, another 3 m/o thread resurrected for comedic effect. Outstanding! Unless that is, you are offering to peg the currency, ten98. =p |
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Corporations are making their own currencies, but they are really nothing more than coupons or gift certificates. They have a one time use. However, if Walmart were to release a bitcoinW and honor it in their stores, it would be pegged to an arbitrary value, but Walmart would control that value. If Walmart chooses to increase the value of their currency redemption, it would become more like a stock in the company. If this increase in value continues, and also if the bitcoin network remains reliable, then this Walmart coin could in time replace the purpose of a stock. Wall Street should fear and embrace this technology.
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Ixcoin is almost a big a scam as Bitcoin. At least people don't actually lose real money with Ixcoin. It's just a matter of time before the governments of the world crack down on these sham "currencies".
Was that fun to post? Did you enjoy posting that? Did it give you pleasure to post that? Did that, huh? Oh you are so clever, Tomatocage. How's that working out for you? Being clever, that is. |
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Dump to Pump storys  We need that doomsday guy thumping a buybul to preach the ebils of bitcoin with billboards all over the world. |
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10...9...8...7... 6...5...4... oh crap
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crosspost from notable press thread: Is that correct thread here? And my question: Does the company producing these cool modular ATMs offer a carrot dispenser module? You resurrected this thread because you are hungry? |
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Can you find websites registered with namecoin in the block explorer?
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One problem with the name bitcoin is that the US Constitution Article 1 Section 8 gives Congress power to coin money, regulate its value thereof, and of foreign coin. The Federal Reserve got around this by using the term "note" instead of "coin" or "money." That alone would be a good reason to change the name in the USA.
Except that 'coin' is a misnomer in this case. Since it isn't a coin, it's the name of the currency, like Dollar, Euro or Yin. Coin
1.
a piece of metal stamped and issued by the authority of a government for use as money.
2.
a number of such pieces.
3.
Informal . money; cash: He's got plenty of coin in the bank. I believe that informal in dictionary.com means that it is slang. I'll retract my argument about the US gubbermint. Moot. |
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Satellites are great for broadcasting a one-way stream of data to millions of users such as tv or radio. They can be used for two-way communication, but it's not efficient. I suppose you could use a satellite as a bitcoin service like satellite phones, but they cost several dollars per minute to access for just voice. If you need access to bitcoin in the Himalayan mountains, that may work, but so would shortwave radio.
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One problem with the name bitcoin is that the US Constitution Article 1 Section 8 gives Congress power to coin money, regulate its value thereof, and of foreign coin. The Federal Reserve got around this by using the term "note" instead of "coin" or "money." That alone would be a good reason to change the name in the USA.
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Just shield it in lead, it would be a lot cheaper.
Can you elaborate? Edit: So your basically just suggesting that someone builds a shielded box and sets it underground?(I'm assuming the underground part) thats is always connected to the internet? Umm... it would be a lot easier running cables underground than into space. Satellites are typically designed to broadcast to a wide area, not as a node. I don't get the point of using a satellite for bitcoin. Are you also planning a global satellite communications system to support the satellite? |
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