There are zero people on my ignore list.
I don't need to have the forum automatically block posts because I'm afraid I can't handle it.
I'm sure you can handle it, but why waste your time reading troll posts?
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Eventually, many police and military will quit and join private services to get paid in crypto, and then you can kiss government goodbye forever.
Government is needed in some form to protect individual rights ( The only valid purpose of government) Otherwise you will have anarchy. Governments have an extremely poor track record of protecting rights. They have a great track record of death and destruction and violating people's rights. You have a lot to learn.
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Bitcoin will make itself mainstream because it is a superior currency. It doesn't need any marketing campaign.
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If people had a sure way to protect their bitcoins the price would by up *5 by now, maybe we should look at the idea of hardware wallets.
There is a sure way to protect bitcoins, it simply takes some effort on the part of the user. There are cold wallets, offline wallets, M of N wallets, paper wallets, etc. I agree that effortless protection would improve things for those who refuse to put forth the effort. Isn't that one of the beauties of bitcoin? That stupid, lazy people will be the last people to catch on?
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Bitcoin doesn't need a "foundation", and the current one has proven itself completely irrelevant. Why would Andreas want to be part of such a thing?
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Seems like this thread is bringing out a lot of trolls - all I see is a bunch of ignored comments.
My guess is that these are some paid gov trolls. I guess in a world of 6 billion people, some of them are going to be totally worthless bags o' crap.
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You'd think Harvard folks could have built a better website.
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I think it has something to do with you being a noob.
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This world is filled with total pieces of filth that talk all kinds of shit until you ask them to put their money where their mouth is - and that's why bitcoin has and will always succeed.
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nope...works fine for me.
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Quoth MP: Bitcoin is a sovereign. Accepting this matter of fact is a sine qua non prerequisite for playing. No exceptions. Title should be changed to cringe-worthy interaction with financial institutions. Its about time mpex gets slammed by the SEC. Wow...what a dick thing to say. Welcome to my personal ignore-land. The SEC hardly seems to be "slamming" them. Looks more like they got told to fuck off if this was indeed the actual exchange of email.
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How does he deal with crazy fluctuations in Bitcoin's exchange rate? Nice! How come I never heard of this store? Been spending my coins in stupid BitPay crap! Edit: oh it's BitPay.... whats so bad about bitpay? People are under the misguided impression that when merchants exchange bitcoin for USD that that is somehow bad for bitcoin. They think that it results in a lot of selling off that lowers the price.
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Screw Wikipedia! They'll never see one satoshi from me.
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Same shit, different day.
Nothing has changed. Bitcoin isn't, can't, and won't be regulated.
It actually can and maybe will. After hearing this for the last three years, and because of the technical impossibilities, I'm inclined to think you're as wrong as everyone else has already been. If the powers that be could regulate cryptocoins, they would have done so a long time ago. The simple truth hasn't changed - you can't regulate file sharing, which is all a bitcoin transaction really is. Ask the RIAA. Regulating exchanges just sends people to other exchanges. They tried regulating mtgox - yeah, that mtgox. You newbies don't realize it, but that was the first exchange to start asking for Gov ID. They were the play-by-the-rules exchange, and they ended up being the big thief. Understand that the REGULATORS ARE THE THIEVES!!
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Love the Apple bashing, and Joe's bitcoin love. But isn't Duncan Trussell a creepy, effeminate dickhead?
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Same shit, different day.
Nothing has changed. Bitcoin isn't, can't, and won't be regulated.
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I need a lid of sens, can you help me with that?
what? I'm confused? dude asked you for weed in a 1970s sort of way. He's probably in his 50s.
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A central authority like the Federal Reserve can also stabilize prices, limit inflation, and when done right, avoid a recession/depression. A completely unregulated currency can't do any of this. The Fed and the other central banks are powerful entities, but that doesn't make them bad. All the things you listed that the Fed do are indeed BAD for the economy by interfering with natural market forces. The other key point that you're missing is that you seem to be wrongfully assuming that BitCoin will be free from manipulation. Just as the Fed can affect the value of a dollar by adjusting the supply of the dollar, they could easily do the same with BTC. If they want to push the price up, they issue BTC denominated bonds. They do the opposite if they want to push the price down. Hell, one recession/depression and the public will be clamoring for market regulation.
Um, no. The Fed can't manipulate bitcoin. "Issue bitcoin denominated bonds"?!? Dude, seriously, do some reading about how bitcoin works.
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Crypto cannot replace fiat in foreseeable future, currently it's just payment method, not a currency. We buy/sell an item using BTC but we think about the equivalent price in fiat.
Only because many resources are held by the same people that run the fiat system and used it to get those resources. Once the price of crypto goes up another ten-fold, the greed factor will kick in for more retailers - its a bottom up process. I see Costco as the next BIG domino to fall. Once that happens, you can buy FOOD with Bitcoin. Then, only utilities will be left. These are owned exclusively by the masonic power structure and will absolutely refuse to accept bitcoin until the bitter end. Before that happens, and after food is available for bitcoin, I think you will see dramatic reductions in government revenue as people hide money from the IRS in various blockchains. Government freebies will be reduced, while while the gov prints even more money to keep funding to the services that keep their power (military and police). This inflation will draw even more to cryptocoins, and the cycle will go faster and faster. Eventually, many police and military will quit and join private services to get paid in crypto, and then you can kiss government goodbye forever.
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