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1  Economy / Trading Discussion / Re: How to get BTC in singapore on: May 31, 2011, 12:34:12 AM
i move around between the UK and Singapore. Just do at at the OTC, it's really much easier Smiley
2  Bitcoin / Bitcoin Discussion / Re: Use for bitcoin: Hiding assets from government on: May 27, 2011, 11:17:04 PM
Quote from: da2ce7 on May 26, 2011, 11:36:21 AM
Use a mechanical Hard drive...

just to add that a mechanical hard drive that is not live is a bad idea .. I've had cases of several hard drives taken out of the locker and refuse to spin anymore after a couple of years.

the best way, in my opinion, would be to encode your wallet into base64 or some such, commit it to memory, delete all the files and find a way to reconstruct it back from memory in the future.
3  Economy / Goods / Re: Spend your bitcoins on amazon with no transaction fees on: May 19, 2011, 08:26:12 PM
just noticed a typo on the site ..

'safegaurd' --> safeguard

I know it's nitpicking, but for any kind of financial services, professionalism is important.
4  Economy / Economics / Re: How to discourage hoarding - brainstorm on: May 19, 2011, 03:59:26 PM
Quote from: kiba on May 18, 2011, 03:21:42 PM
Quote from: samadamsbeer on May 18, 2011, 03:16:39 PM


We need to do something about it and if they haven't woken up by now, we need to figure out alternate ways and means to get them to adopting BTC. This may happen anyway but I would like to speed up the process!

Saying we need is a lot different than doing. Yes, everyone would like the average person to adopt bitcoin. And we're working on solutions to problems anyway.

I believe that for this discussion to be productive, the emphasis would be on first identifying how we can 'help the average person to adopt bitcoin'. If this is accomplished, then the hoarding won't be that much of an issue as there's an active consumer economy based on Bitcoin market.
5  Economy / Economics / Re: Beware of the (inflationary/deflationary) Death Spiral on: May 19, 2011, 12:51:38 PM
Quote from: Blitzboom on May 19, 2011, 11:58:44 AM
Bitcoins will only increase in value, making people not spend them, decreasing demand and value for them.

Increase in value = decrease in value = ultimate deflationary spiral

Keynesian logic. Huh

i agree with this .. this is how i foresee the Bitcoins death spiral ..   Grin
6  Economy / Economics / Re: What is the soundest fiat currency right now? on: May 19, 2011, 12:09:39 PM
Quote from: ribuck on February 05, 2011, 11:15:33 AM
Quote from: Atlas on February 05, 2011, 12:24:08 AM
Below commodities and Bitcoin, what currency is the soundest in its backing and future?

Any country with low government debt. There are even countries that have no debt and own sovereign wealth funds too.

If I wanted to hold fiat, I would consider Australian dollars. Central bank interest rates are not artificially low, at 4.5%. Government debt is tiny compared to the USA and Europe. There is plenty of land, and plenty of natural resources, for the population.

However, as is inevitably the case, the market has already priced this into the exchange rates, and the Australian dollar has risen enormously in recent years.

Singapore satisfies all your criteria. Zero government debt and at least $142b of sovereign wealth. An extremely stable (read: 'authoritarian') government which maintains an iron-fist on economic growth at the expenses of everything else. Healthy GDP growth and one of the strongest in the region.

From my personal experience, it's a good place to earn money and invest, but not so for the actual living Cheesy
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