Will we see Bitcoin used by those who were left unprepared for the current situation in Egypt? But with banks closed and many ATMs out of cash, some are already feeling a pinch in their pocketbook. "We can't get any money out and we have less than 1,000 pounds ($170) in cash at the moment so we're buying what we can now and we'll try to get by," said Rafik Baladi, a 59-year-old musician and writer.
http://news.yahoo.com/s/ap/20110131/ap_on_re_mi_ea/ml_egypt_protest_daily_life
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Ok, which one of you is "Auden"? I am looking for a few committed software developers, website designers, project managers, and testers, that are seeking an opportunity to invest in a start-up venture. This investment would not be a monetary one, rather it is a time-based investment in the form of your development labor. The reward is an equity-based beneficiary interest in the profits of this venture. While absolutely nothing at all is guaranteed, I believe this is a revolutionary concept with a wealth-generation potential of massive and epic proportions. Time investment required would be on the order of about 16 hours per week. The subject of this venture relates to an innovative new “alternative monetary system” of value exchange (“digital barter”). The development framework used is Web2py, and the deployment platform is currently Google's Application Engine “GAE”. This could be an opportunity for you to help develop a system that would help hundreds of thousands of unemployed people find work. This project may be of great appeal to you if you are interested in making a significant tangible difference in the world while participating in what could turn-out to be a wealth generating partnership. Participants will be asked to sign a non-disclosure/non-compete agreements. If interested in learning more about this opportunity, then contact Auden at auden@usa.com for more details on this opportunity. http://www.youngcoders.com/general-web-programming/39016-start-up-venture-labor-equity-opportunity.html
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You guys are awesome. I think the next step is to offer a prize of some kind for the best bitcoin phrase that accomplish the goal of this thread.
There's an app for that! http://witticisms.witcoin.com/witticism/24/Bitcoin-in-15-Words-for-LaymenOr, at least there will be, when the compensation for upvoting is in place on Witcoin: Both posts and replies can be upvoted. The cost of upvoting is distributed as well. Upon the first upvote, the cost of upvoting is distributed equally: 33.333% to site, 33.333% to category owner, 33.333% to poster|replier Upon the second upvote, the cost of upvoting is distributed equally: 25% to site, 25% to category owner, 25% to poster|replier, 25% to first upvoter Upon the third upvote, the cost of upvoting is distributed equally: 20% to site, 20% to category owner, 20% to poster|replier, 20% to first upvoter, 20% to second upvoter etc.
http://bitcointalk.org/index.php?topic=2516.msg42124#msg42124
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ReadySTATION, a self-service kiosk instantly issues an activated prepaid ReadyCARD, as well as allows consumers to [insert cash to] reload their ReadyCARD or check account balances. http://finance.yahoo.com/q/pr?s=rctc.pkUp to $500 in value can be added at the kiosks. The reloadable stored value cards have a $5/month maintenance fee. There is a Mastercard prepaid card that, when used only for paying for mass transit in L.A., carries no fee. Currently, ReadySTATION kiosks are available in the following cities: - Los Angeles
- Minneapolis / St. Paul
The kiosk provider's website shows another ten cities so presumably they are the next locations where service will be rolled out. http://www.myreadycard.com/locator.aspxThe card may be managed using an iPhone app: http://www.myreadycard.com/mobile.aspx
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Is it legal in your country to design a contract between landlord and renter where the payment exchanged is denominated in bitcoins?
Excluding rent control issues, can a landlord and a tenant agree to a rent price that is fixed at a specific exchange rate? I don't see why not. A landlord in most, if not all, U.S. states could, I believe, set the rent for a property to be one ounce of gold per month, for instance. The IRS will, of course, expect the landlord to report that income. They even list accepting bartered goods in exchange for rent in Example 2 of their Record Keeping for Business Barter Transactions document: Example 2: You own a small apartment building. An artist trades you a painting in return for six months’ rent-free use of an apartment. You must report the fair market value of the artwork as rental income on Schedule E Supplemental Income and Loss on Form 1040. Generally, this would be the fair rental value of the apartment for six months. You can claim your normal rental expenses associated with the barter of the apartment. http://www.irs.gov/businesses/small/article/0,,id=215975,00.html
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BitCoin aids the anonymity required in order to get away with buying Gold in WoW or any online game. However the trick is to get the money to them anonymously, which becomes ALOT more harder.
Paypal sent notices to those whose accounts were reported by Blizzard for selling WoW gold: http://wow.joystiq.com/2011/01/28/blizzard-strikes-gold-sellers-with-paypal-notices/The interesting part was that PayPal is recognizing WoW gold as intellectual property, and doesn't refer to it as an in-game currency or digital currency. Apparently Blizzard's action is quite a hot button -- over a hundred comments were posted: Some samples: It's about time Blizzard cracks down on the gold sellers. Although I doubt that'll stop them completely. They'll just switch over to another payment processor.
Currency is a intellectual property? A ingame increasing & decreasing counting mechanism is a intellectual property?
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Remember ... this is from January, 1994. Just 17 years ago. Bryant Gumbel and Katie Couric stumped: The point I'ld like to make is ..., we have MacroMyopia. We tend to overestimate changes in the short term (zomg, I want to pay for my next Big Mac with bitcoins) yet underestimate them in the long term (e.g., heh, who knew those bitcoins I got from my gaming PC back in 2010 would have ended up being more than enough to use as the down payment on my house). [Update: Well since the BTC/USD was under $1 when this was written and has now reached $147, even that "long term" measure of success was underwhelming. Forget the down payment, if this keeps up those coins will be enough to buy the house, and they don't even need to be "cashed out" to dollars first: - http://rt.com/news/house-for-sale-bitcoins-781 ]
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Looking forward to the day when a digital currency (-ies) is compared to state-based fiat currencies. What makes a safe haven currency? Three possible sets of explanations of a safe haven status. - First, a currency may be a safe haven if the country issuing it is itself safe and low-risk. That may be appreciated by nervous investors in times of high risk aversion.
- Second, we surmise that size and liquidity of a country's financial market may support a safe haven status, an argument that has been called for during the latest financial crisis. When global risk aversion is high, market liquidity may dry up and most liquid markets may get an additional bonus.
- Third, we test whether financial openness and more generally financial globalisation is a determinant of a safe haven status. An ideal safe haven should be a place that is insulated from the global storm when the storm strikes; a difficult feat in times of financial globalisation.
http://www.voxeu.org/index.php?q=node/6062
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CPI apparently is "Consumer Price Index", but what is "BPP Index"?
[The BPP measures] just the price changes in observed comparable items with a sample that is dynamically changing every day based on the entry and exit of products.
BPP leaves out important components that the CPI tries to include, such as housing services and technological improvements, though the ways that the CPI handles these issues are imperfect and controversial.
The BPP also excludes important items such as fuel, and makes no allowance for seasonal factors. On the other hand, those items covered by the BPP may be measured more accurately.
A particular advantage of BPP is that it's available daily and for countries for which other inflation measures may be particularly problematic.
http://www.econbrowser.com/archives/2010/11/billion_prices.html
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Does the payment, after I've released it from ClearCoin escrow, show the bitcoin address from my wallet as the origin? Or does ClearCoin simply send from its wallet balance and thus there's no direct link between my address when I sent the funds to escrow and the payment after it was released from escrow?
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Was this your scammer? i've got a premier, verified, account with a WaMu checking and a Mastercard attached. i want to clean it out.
i've got access to the email address and the paypal. i'm tempted to find somewhere to buy bitcoins with pp, then send the bitcoins to another account, one more account, then to liberty reserve (through, say, MtGox).
how traceable is this? http://www.zoklet.net/bbs/showthread.php?p=2441858Scary stuff.
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Fascinating stuff ... Services to transfer cash by text message have been around for some years. One of the most successful, M-PESA, began in 2007 in Kenya, where it now has more than 13m users. It is now used for salaries, bills, donations: few things cannot be paid for via a handset. Similar services can be found in more than 40 countries. Though not yet on the same scale, this seems to be only a question of time: in most countries in sub-Saharan Africa, more people have a mobile phone than a bank account
Not just talkClever services on cheap mobile phones make a powerful combination—especially in poor countrieshttp://www.economist.com/node/18008202And from the Comments at the end of the article: That Chart is parabolic and remains explosive and that is entirely correlated to Citizen Power. Where the Citizen existed in a Black Hole vis a vis the State, they do not now. Egypt, Tunisia et al are evidence of a Tipping Point in the Relationship between the Rulers and the Ruled.
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I've been wondering why we haven't yet seen where a game developer takes a leading FOSS game and adds bitcoin mining functionality into it.
Couldn't something like the OpenCL miner code be added into a python-based FOSS game such that it executes the miner code while the game is otherwise idle?
The miner code could connect as a worker to the FOSS project's account on a mining pool, and any shares earned go to that account and fund further development of the game.
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Using an escrow is one method to lessen the risk should you happen to be concerned that at some time in the future you might not be able to execute your option. [edited] Call Options using ClearCoin Escrow http://wiki.bitcoin-otc.com/wiki/Option_orders
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So I am willing to offer my services as a "virtual assistant". Jobs and payments is negotiable. For bitcoins of course.
You might wish to register on the Wiki and add yourself as a freelancer. http://en.bitcoin.it/wiki/Category:FreelancersOnce you've registered simply edit your user profile and add: [[Category:Freelancers]]
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