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1  Bitcoin / Bitcoin Discussion / So I spoke with Loretta Sanchez today about bitcoins... on: June 06, 2011, 07:49:43 PM
Reason for the throwaway account is I like to keep my internet alias' unrelated to my real identity (being a minor, people don't take you seriously if they know your a kid).

She was at my school talking about cyber bullying being a problem (highschool) and made reference to her being one of the main people involved in internet related events and bitcoin popped into mind, so after the presentation I went up to speak with her.

I introduced myself, and told her that I am related to a (good? idk) friend of hers. She recognized the name of the person I made reference to and seemed "small world" kind of happy.

I proceeded to bring up bitcoin and there was a immediate shift in facial expression, so this confirmed that she is well aware of bitcoin (as I expected).

I told her that as I'm sure she saw, a bit of bad publicity hit bitcoin and it was dubbed a "online money laundering currency" and "drug trafficking agent". I told her that this is not the aim of bitcoin, I told her that if you where to read on the home forum, it is ever abundantly clear that the aim of bitcoin is to take away some of the MASSIVE power from the banks and reduce fees associated with it, I said her how recently I made a international transaction on paypal and they took a ludicrous fee for doing virtually nothing, which she agreed that it was indeed a ridiculous fee.

I went back to the titles "online money laundering currency" and "drug trafficking agent", I said that granted, bitcoin can be used for such things, but so can cash and almost anything else (i.e : insurance, gold, silver, etc etc).

I'll try and follow up with her about this though, or ask my relative to do so if I can convince him so.
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