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I think the plan in the U.S. is to destroy Bitcoin by legitimizing it (enter the IRS). That way they don't have to look all totalitarian by banning it like other countries.
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It would of been much better if there were different types of bitcoin, like bitcoin=1bitcoin, macrobitcoin=.5bitcoin, microbitcoin= .25 bitcoin etc etc.
Logic fail. The prefix 'micro' means one millionth. Period. Always has, always will. There are already 1,000,000 microBTC (uBTC) in a bitcoin. There are 100 satoshis in a uBTC. There are 1,000 uBTC in a millibitcoin (mBTC). There are 1,000 mBTC in a BTC. I fail to see a problem. Problem is exactly what you said..mainstream society, which is Most of Society is turned off by all these "microbits" and "satoshi", it's too irregular. I have friends who don't care about Bitcoin but know the basics about it, wanna know why they dont care? Because bitcoin is offputting with all it's math, and the 21million total limit makes it seem as if the currency itself wasn't designed to be thought of seriously. Why do you insist on speaking for "most of mainstream society"? |
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maybe this was mentioned earlier but what if my bitcoins were stolen? Does this IRS ruling mean the police will investigate the theft of my property?
"My coins were stolen and the thief keeps sending me computers and appliances to my home, I don't know how to stop him" I'm pretty sure the IRS would like a list of all those computers and appliances and would think they deserve a piece of it. |
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I would rather not get paid in BTC, but I have been making an effort to buy $100 worth of BTC every payday.
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Furthermore, if I have this taxable property shouldn't I get it insured? Yea, like that will go over.
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let me just take a selfish POV, flame me if you must. If China was able to actually do this what benefits if any could be expected from miners in the rest of the world? Obviously I'm imagining a huge drop in network hashrate? Or the loss of an entire nation could bring it all crashing down?
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Digital HO scale trains and Slot cars  Gyft+BTC = Amazon gift card |
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maybe this was mentioned earlier but what if my bitcoins were stolen? Does this IRS ruling mean the police will investigate the theft of my property?
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If Bit_Happy was a 490 activity user then why hasn't he seen the endless topics and pages written on this? Especially a LTC user... why the sudden curiosity i wonder...
Cuz forums get cluttered with fucks like you who feel a need to show everyone how much smarter you are than everyone. |
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Bitcoin is awesome! It's community on the other hand............
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The other day I used gyft to convert some BTC to a $250 Amazon Card. I then proceeded to buy some kick ass Digital HO scale train engines and some digital slot cars |
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As a native New Yorker, I think Texas has always had a bad vibe. I've hated that place since it spewed forth that halfwit George W. Bush.
It takes one to know one |
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I think you all might be forgetting a key word here??? CREDIT!!!!!!!
spend BTC now pay later? I dont think so.
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Finally triple triple luck again |
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didnt you people ever hear the phrase "DONT FEED THE TROLL"  ?? |
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Curse this wretched luck!  |
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If there was a buy it now for this on ebay for 5250 free shipping i would be on it like a hobo on a ham sandwich.
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i have been buying and selling miners on ebay using paypal for the last 4 weeks including 3 sells and 2 buys in the last week or 2 weeks and i have had absolutely no problems so I'm not sure where all this is coming from.
Keep up with buying and selling on egay and I'm sure you'll find out the hard way! My $.02.  will do crotchity old man!! |
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Yes i have 3 of them hashing away at about 20 gh/s connected to bitsolo.net hoping i will get lucky some day  |
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