Morpheus: I imagine that right now, you're feeling a bit like Alice. Hmm? Tumbling down the rabbit hole?
Neo: You could say that.

So if BTC is pinned to an index, then your wallet would fluctuate with the market. Who would you trust to report the index?

Or just read the wiki http://en.wikipedia.org/wiki/New_Chronology_%28Fomenko%29
It's bad science, but might make a good Dan Brown novel.

I wonder if something couldn't be organized where communities could get together and trade their unused stuff for bitcoin or barter instead of cash. If simpler ways of trading bitcoin like what Casascius is working on can be setup, people might use bitcoin for small trades. Even better, just convince someone to trade their stuff that they don't want anymore for bitcoin.

There have already been discussions about pawn shops using bitcoin.

Maybe the growing demonstrations in cities all over the world can be introduced to bitcoin by donating food through bitcoin if pizza shops and others will accept bitcoin.

I don't get this whole "price fixing" and "pinning" bitcoin to anything. It seems to me this means someone must back bitcoin with something like the dollar used to be with gold and silver. Who would do that?

Look at this from the reverse angle. Hashing for greed will spawn technologies that allows greener, faster processing if crypto-currencies become mainstream. Spin-off technologies will benefit, including faster, greener F@H type services.

Bitcoin isn't a commodity or a currency. If so, I would like to buy a kilo.

I prefer the term 'cheap' to stable. Wait for it...

Wow, are you promoting organized crime? Where did she say anything beyond common law or even common sense? If you don't want taxes, try finding any country that doesn't have them.

Miners are still mining. Dev are still deving. People are still profiting. This is still early adopter stage of a new paradigm shift.

The next time BoA fails, USA will print more money, making your money worth less. lol

For-profit corporations have the moral obligations to maximize profits for their stockholders in any legal manner necessary. That is their prime directive. The only way to modify a corporate behavior is to enact laws that minimize damage to the society in which they reside. If you want a society to grow and improve, you must place even further restrictions on corporate behavior that forces them to provide support for the community.

It's the revolution, Baby!

Too complex for most cashiers. I would have 2-3 modes.
1. A QR self-service smartphone type.
2. Pre-loaded bitbills-type cards that have the entire balance transfered and then change returned to the consumer's public address on their ID.
3. Possibly the ability to return change to a semi-secure paper bitbill that is printed (I don't trust magnetic strips) and a backup sent to an escrow that will expire if spent or not claimed within a reasonable time.

[Edit] After seeing the photo, I see what you are talking about. I would buy these and use them just to sell bitcoin stored value cards.

Thou shalt always be honest and faithful
to the provider of thy nookie.

&

Thou shalt try real hard not to kill anyone, unless of course
they pray to a different invisible man than you.

George Carlin

An idea that's too big to fail.

I was asking this awhile back when there was a €10 wall for a long time.

Maples and oaks.

They have cheap Android tablets with wifi. You don't need to hash to use bitcoin.

Using this analogy, if bitcoin is taking the place of the internet and miners are the dotcoms, then many miners will likely quit at the 10% level. The internet itself did not die after the dotcom bubble. Bitcoin is too good an idea, like the internet, to die.