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Time: TBA Location: TBA Condition: Merchant pub must accept bitcoins at the meeting, no exceptions, no proxies
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To win the prize, you must live 1 month off of purchases denominated solely in bitcoins. This means:
Shelter, Clothing, Food, Heat, Water, Utilities, Transportation, Entertainment, etc.
Basically, if you pay for something, you must pay in bitcoins. Buying pre-paid cards denominated in dollars, euros or pounds is NOT allowed. Receipts will be helpful as a matter of proof; a daily blog about your Bitcoin life would also be nice (but where did you buy that computer?). If we clean up the details of the competition I'd be willing to fund 200 bitcoins of this person's life. any other charitable forum members interested in backing this idea?
EDIT: Bitcoin's ball is rolling just fine without this bounty. I pull my bounty offer and everyone else's that was on this post.
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I'm tired of hearing "Yes, but until I can pay my rent and buy my groceries in bitcoins, they will never succeed..."
Is it legal in your country to design a contract between landlord and renter where the payment exchanged is denominated in bitcoins? Is this any different than asking if the payment could be denominated in some non-native currency? How about in gold bars? Where are the landlords on this forum? Where are the lawyers?
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In an effort to measure the purchasing power of bitcoin, I suggest bitcoin community members make an effort to exchange bitcoins for big macs on at least a monthly basis. We will then have early data when The Economist invites bitcoin to join their "Big Mac Index". http://en.wikipedia.org/wiki/Big_Mac_Index
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There's a small divide growing in the bitcoin community between the group of skilled developers who generate the majority of the coins and the rest of the users (like me). I notice there's lots of talk about Tahoe-LAFS, but I'll be the first to admit I don't know what's really happening or how it might affect the future of bitcoin. Anyone out there want to go over the latest in bitcoin tech talk but do it in simple language?
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Where can someone with perfect Bitcoin credit:
1) buy 1000 Bitcoins from you with USD when the block total reaches 100,000? 2) sell 1000 Bitcoins to you for USD when the block total reaches 100,000?
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