|
I just noticed this yesterday when downloading gimp.
I figured it must have been old news. Gimp rocks.
|
|
|
|
I would like to see our community develop tools whereby individuals could voluntarily fund projects that have been traditionally thought of as being under the purview of the state.
Coming soon. |
|
|
|
3 bitspend.com will not open is there a problem?
Sorry, it is bitspend.net You can buy anything on the Internet with bitcoins. |
|
|
|
Who are these people?
Go to a mirror...see an early adopter. |
|
|
|
BitSpend it great idea (albeit a bit archaic) but still remains a single point of failure,
It currently is. Which is like MtGox being a single point of failure. BitSpend seems like it requires such a small start up cost to get going that we will see more sites like that in the near future. There is already bitsumo which does the same thing, though I have not tried them out yet. |
|
|
|
|
Initially there was a chicken and egg thing. People were not spending bitcoins because there were no merchants to spend their bitcoins at. Merchants were not accepting bitcoins because people were not spending bitcoins.
Now BitSpend comes out and allows you to spend bitcoins on anything on the Internet. For me, I used to go search for Bitcoin merchants before I purchased something online. Now I just go search for the best deal online and buy it through BitSpend.
In theory, as long as MtGox will exchange my government currency for bitcoins and BitSpend will convert my bitcoins for products, and miners mine to keep Bitcoin going, then Bitcoin can be used as a currency.
Sure, it would be nice for the Bitcoin economy if the consumer and merchant used bitcoins, but as a consumer, I get what I need out of the deal.
The fee to use BitSpend is certainly not ideal, but they will be coming out with a $5/month subscription service to use it which is quite fair.
So, can we stop worrying about "X company now accepts Bitcoin!", since pretty much every company on the Internet now accepts Bitcoin?
|
|
|
|
What is wrong with deflation?
A deflationary economy will probably lead to greater gap between rich and poor. Either you are born into a rich family where you inherit bitcoins that were mined by your grandfather, or you are born into a poor family where you have to work for a few satoshis. In a inflationary economy however inherited wealth will lose value over time which is more fair for newer generations that are not born yet. The way that inflation is created by government currency creates inflation for the poor and shields the wealthy from inflation. With bitcoin the playing field is even. And an economy of savers helps to stave off the need for a safety net for everyone which helps to enslave the poor. |
|
|
|
Nothing, but it makes loans more difficult and also its hard for economists who like a consumer economy to accept a money with an incentive to save built in.
I am quite pleased with the return on the loans I give out. Currently getting 19% return compounded daily. |
|
|
|
If everything is rigged. Then the Bitcoin price is rigged!  |
|
|
|
If bitcoin is to have longevity I would think eventually it must be generally accepted to purchase almost anything anywhere.
Done. http://www.bitspend.netNext question? Edit: .com to .net |
|
|
|
The correlation is that during an election season libertarians hold out the hope that the voting public will finally wake up. When they go forward and prove their hatred of freedom in the voting booth, libertarians find other ways to seek freedom outside of the political realm.
"wah wah wah why won't anyone agree with me? they must all hate freedom! wah wah wah" Get a life, go outside, kiss a girl, and you'll realize being a delusional libertarian is pathetic mkay? How many collectives do you group people into? It must be like a Disney movie in your head with the characters you paint of the differing groups. |
|
|
|
|
What is wrong with deflation?
|
|
|
|
|
Hmm, you use collectivism in your argument about collectivism.
Fail.
The Free State Project was started shortly after George Bush was elected.
The correlation is that during an election season some people who love liberty hold out the hope that the voting public will finally wake up. When they go forward and prove their hatred of freedom in the voting booth, those who seek liberty find other ways outside of the political realm.
|
|
|
|
...snip...
Is the man with the gun even the reason why you refrain from committing murder?
...snip...
In London in 2011, the police withdrew protection from property while dealing with a riot. Within an hour, looters were burning people out of their homes and within a day a man was beaten to death. The guy was not able to hold off the people outside? What kind of guns did he have? |
|
|
|
|
Instead of investing, convert dollars to bitcoins.
|
|
|
|
|
Ok, my paycheck is in now...you can all buy back in now.
BUY BUY BUY!!!
|
|
|
|
|
I took a second bitcoin mortgage out on my house and sold them all for dollars.
SELL SELL SELL!!!
|
|
|
|
|
You can short on margin at BitFinex.
A great way to make money if you are a bear.
|
|
|
|
|
Seems like we will be mired in the $150s for a long time...
|
|
|
|
|
Show Posts
