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21  Bitcoin / Bitcoin Discussion / We're a bit "odd" - David Birch Lift 2012 on: February 24, 2012, 10:50:37 PM
Interview with David Birch and Adrianne Jeffries at Lift 2012

They both agree that digital currencies will be big in the future but they predict that Bitcoin will only be used by the odd people at the fringes of society.
22  Bitcoin / Bitcoin Discussion / Apple Digital Credits Patent on: February 07, 2012, 08:28:37 PM
From the press hits thread.

Apple patents digital currency to get one up on facebook

mentions possible problems for bitcoin

The patent covers a "Digital media acquisition using credit" invention. I had a quick read through it and my understanding is that they are patenting the process of an online store checking that a customer has sufficient prepaid credit in their account before allowing the purchase of some digital media to take place.

A patent like this could setback Facebook credits and other similar schemes because as the author notes Apple uses patent cases as weapon for killing the opposition. But what about Bitcoin? Would Bitcoin be immune since there are no balance checks done when a payment is made.

Link to patent,112,360.PN.&OS=PN/8,112,360&RS=PN/8,112,360

Edit: a balance check is made by the Bitcoin network but not by the online store.
23  Bitcoin / Bitcoin Discussion / UK severs ties with Iranian Banks on: November 21, 2011, 09:16:38 PM

The UK has imposed new sanctions against Iran which will cut off all financial ties with Iranian banks.

From 1500 GMT on Monday, UK credit and financial institutions were required to cease all transactions with banks including the Central Bank of Iran.

Chancellor George Osborne said there was evidence that Iran's banks were funding its nuclear weapons programme

Iran needs an international decentralized payment system. Should we add this to our list of examples where Bitcoin could be useful?
24  Bitcoin / Bitcoin Discussion / Occupy the Banks on: October 25, 2011, 01:01:22 AM
I spotted this on the #occupylondon twitter feed. The last sentence suggests Bitcoin. If it is about Bitcoin is this the right way to get people involved. Just sending out a link to with download instructions for the client will have everyone scratching their heads thinking WTF?

And so it begins... 

Join us in directly trading with each other, without using the UNTRUSTED THIRD PARTIES who fleece all at every play and turn, called 'The Banks', leaving the people with nothing but worthless paper money, being devalued at every play and turn by the banksters' conscious choice and  thus DESIGN.

Well, we the people can design stuff, too. Wink  And those that cannot design stuff, can download stuff, easy enough ...   So why not join us especially if this is your first visit & Occupy The Banks with us on 5th November 2011!!

Full instructions will be sent on the FIFTH NOVEMBER 2011 to download, install & use open-source software that allows the people to skip out on the banks; before the banks skip off with more of your cash!  It's time ... to turn our computers into our banks Wink

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