The update on iOS is 'it's coming'  The url referral link gives a lot of motivation for people to say produce a decent video, blog etc and use the link, suddenly you can have a million friends in theory! |
|
|
|
Dumpppppp  But no, its unfortunate that so many people are uneducated in terms of bitcoin, that they won't see past the government's bullshit if they do try to make bitcoin illegal in the next while. That said, its also hard to expect so many people to understand all the technical aspects that make bitcoin so brilliant as it is a quite complicated system. I don't know how my computer works but I understand what it does. Likewise no one needs to know the tech to know what Bitcoin provides. Nerds hiding behind the tech who don't understand why abitcoin was even made don't understand Bitcoin. Satoshi clearly though he understood the tech understood what he was fighting against when he inserted the newspaper article on the BOE. No one is saying Bitcoin is not superior but it could easily be sidelined just like Gold is even though it's infinetly superior to fiat. Yeah, that's true. But the reason for it being sidelined is due to lack of popularity, but also the lack of understanding in why bitcoin is superior to fiat. If people actually learned about bitcoin instead of listening to the media that makes it seem like a sketchy thing used for illegal purposes, it would be much more used and much more difficult to replace Who owns most of the media? And don't say I'm being a paranoid, there has been a systematic and consistent attack on Bitcoin in the media. Exactly. The government does. That's why people should learn to think for themselves instead of soaking up and believing everything they're being fed Yeah good luck with that..... http://techcrunch.com/2014/12/16/these-were-the-10-top-trending-searches-on-google-in-2014/ |
|
|
|
Dumpppppp But no, its unfortunate that so many people are uneducated in terms of bitcoin, that they won't see past the government's bullshit if they do try to make bitcoin illegal in the next while. That said, its also hard to expect so many people to understand all the technical aspects that make bitcoin so brilliant as it is a quite complicated system. I don't know how my computer works but I understand what it does. Likewise no one needs to know the tech to know what Bitcoin provides. Nerds hiding behind the tech who don't understand why abitcoin was even made don't understand Bitcoin. Satoshi clearly though he understood the tech understood what he was fighting against when he inserted the newspaper article on the BOE. No one is saying Bitcoin is not superior but it could easily be sidelined just like Gold is even though it's infinetly superior to fiat. Yeah, that's true. But the reason for it being sidelined is due to lack of popularity, but also the lack of understanding in why bitcoin is superior to fiat. If people actually learned about bitcoin instead of listening to the media that makes it seem like a sketchy thing used for illegal purposes, it would be much more used and much more difficult to replace Who owns most of the media? And don't say I'm being a paranoid, there has been a systematic and consistent attack on Bitcoin in the media. |
|
|
|
Dumpppppp But no, its unfortunate that so many people are uneducated in terms of bitcoin, that they won't see past the government's bullshit if they do try to make bitcoin illegal in the next while. That said, its also hard to expect so many people to understand all the technical aspects that make bitcoin so brilliant as it is a quite complicated system. I don't know how my computer works but I understand what it does. Likewise no one needs to know the tech to know what Bitcoin provides. Nerds hiding behind the tech who don't understand why abitcoin was even made don't understand Bitcoin. Satoshi clearly though he understood the tech understood what he was fighting against when he inserted the newspaper article on the BOE. No one is saying Bitcoin is not superior but it could easily be sidelined just like Gold is even though it's infinetly superior to fiat. |
|
|
|
You can't simply make something new and be sure it will replace the old thing. They are forgetting one important thing: the community.
Just like Dogecoin isn't anything innovative or groundbreaking, but it is supported and on the other hand the "government's innovations" are not.
The community  . I don't want to be a party popper but the BTC community is still negligibly small, and a part of it not in BTC because of whateverism but for grabbing some "internet money" and cash out in fiat asap. (Means: they are not really what I'd call hardcore bitcoin fans). Shortly: the govt not going to give a shit about the opinion of this community. Someone gets it. I can't beleive people are completely unfazed by comparing the voluntary uptake of Bitcoin by a few thousand dorks (yeah that's what we are) and the compulsory implementation of a digital dollar by the most powerful financial organisation on earth. I still hope Bitcoin will like a good virus kill the present system but we can't underestimate our opposition. Better minds than me get this. http://www.maxkeiser.com/2015/03/red-alert-ibm-moves-to-create-a-centralized-central-bank-controlled-blockchain-for-currency-control/ |
|
|
|
You mean like the global reserve we have now? Most dollars live their whole life digitally.
I'm pretty sure the world would accept a version of Bitcoin which was a digital dollar used by mobiles etc for payments yeah absolutely and I'm pretty awake.
No one said bitcoin would die, I'm saying its can be bypassed very easily and potentially made illegal.
Are you talking about the world or the US, because I just lost you there. The world doesn't accept dollar in the way that you can just march into a store somewhere in Germany with a bunch of greens. You won't see global currency in the form of electronic dollar or Bitcoin any time soon. Same thing with a ban, even if one country decides to go for it the world won't follow, because the world doesn't see Bitcoin as a thread, but rather a game changing technology. Look how for example cannabis is treated around the world. In some countries you can go to jail for smoking and in other you can do it in public. Same thing with Bitcoin, it's completely legal, but I doubt it would be possible to make it completely illegal. It was you that said the global currency couldnt be a digital Bitcoin type currency and I jsut corrected you that it already is. Of course individual countries have theor own fiat used by the population but the major trade is often in Dollars. Due to central banks being all linked then each country having a differnt picture on the front doesnt make it anymore a digital fiat printed by central banks. A digital dollar from the FED could very easily be implemented with a digital Pound....Franc....etc from the ECB and individual central banks. By the way its a mistake to think nation borders matter that much in this discussion. I'm not American by the way. |
|
|
|
You can't simply make something new and be sure it will replace the old thing. They are forgetting one important thing: the community.
Just like Dogecoin isn't anything innovative or groundbreaking, but it is supported and on the other hand the "government's innovations" are not.
snip.... i'm just a sore loser Let me guess, your alt coins venture failed miserably so now you're being a hater in here? Get the fck back to your altcoin forum, dumb ass Haha he's so salty  The community. Hahahahaha sorry that's a good one. So you think .000001 % or less of the world population will drive a new global currency.
(...)
People need to wake the fuck up on this forum.
Because there's no other way for Bitcoin, global currency or death, right? You should wake up if you think world will ever accept a global currency in the form of Bitcoin or any other. You mean like the global reserve we have now? Most dollars live their whole life digitally. I'm pretty sure the world would accept a version of Bitcoin which was a digital dollar used by mobiles etc for payments yeah absolutely and I'm pretty awake. No one said bitcoin would die, I'm saying its can be bypassed very easily and potentially made illegal. |
|
|
|
The masses already accept a fiat based reserve currency that is nothing more than monopoly money, does anyone think they will reject a similar digital one?
We know there is no difference, but common people have deeply rooted, strong conviction that something strong and durable stands behind their paper notes. Maybe there is a need of educating people not only about what bitcoin, but also fiat money really is? Many have been trying for years...Don't forget Bitcoin is actually a fiat currency, I mean its not backed up by anything tangible. But its the perfect fiat, ie fixed supply which cant be counterfitted. But yes if and when a government fiat coin is made and i'm convinced it will happen then the next work is to educate people to what makes Bitcoin different to what will probably be a highly controlled and tracked expandable centralised coin with an expandable supply. Maybe I'm having a negative day but IF bitcoin actualy ends up leading to our money being highly tracked etc then in some ways Bitcoin has actually opened the door to less liberty not more....potentially. |
|
|
|
I thought somebody said at some point we'd get an update every other week. Well than we're due.
You're right we do get update, but its not certain the features you mentioned will be released in the upcoming update. Nonetheless i always look forward to getgems updates. True updates every two weeks is the rough plan but I would add to that looking at past update dates you shouldn't set your watch by them. |
|
|
|
Update on iOS and airdrop due this weekend. Get your cheap gems now.
How do you know? |
|
|
|
One thing I haven't seen explained is just what characteristics people think a government-issued altcoin, or clone/fork of bitcoin, would have. Why do people have a concern about a "government generated crypto"? All the cryptos besides Ripple, it doesn't matter whether they were created by satoshi or Mother Theresa or Adolf Hitler, it's decentralized after release. So I'm curious what people have in mind when they voice concern over the concept of a government-linked altcoin.
I mean, if they peg it to their fiat currency, then by definition their alt does not have a fixed supply and is subject to inflation and devaluation. So it seems to me the only way a government could compete with bitcoin would be by delinking their alt from their fiat, in which case it's just another new alt with an interesting backstory.
See, most of the people on this forum are running on this assumption that people CARE about decentralization, etc. That is simply an unfounded assumption. If people happily use fiat now, why would they suddenly become suspicious of it? My scenario is this: Bitcoin slowly gains ground in terms of becoming a legitimate (in the eyes of people) currency, and grows stronger everyday. The governments of the world begins to view it as a threat rather than a cute toy. They create their own crypto, that is completely centralized, and advertise that it has all the benefits of crypocurrency technology, and none of the negatives. It's possible they'll even say that being decentralized is a fatal flaw of bitcoin, and that being centralized and monitored by the government makes it more secure and better. I bet most people would believe the government if they did say that. This, coupled with penalizing bitcoin use by making it extremely hard to obtain bitcoin (or obtain a license to obtain bitcoin) etc. The central point here, is, I think most people on this forum has become somewhat "delusional", in that they think that decentralization is so obviously this holy grail, and everyone can see the benefits. It's just not true. But what does it mean to speak of a "centralized cryptocurrency"? What characteristics would it have different from bitcoin? If it is POW mined, for example, then the miners control the coin. I suppose a government could develop its own algorithm and mining hardware and try to keep control of the mining. That would create interesting scenarios of foreign agents and rebels trying to steal or back-engineer the algorithm and hardware for it, to attack a nation's currency. A centralized cryptocurrency does not make sense. Why even bother? Just issue the coins with their serial numbers on government run servers, which would then track the changes in ownership as the coins are spent. You don't need a blockchain for that. Because they can....Decentralisation and the limited supply IS the actual point of bitcoin in my mind and clearly was on Satoshi's too. But what we understand and perceive as its strengths are actually being demonised in the media and mainstream and I think the masses are very susceptible to being sold a centralised government central bank backed coin based on the dollar that doesn't fluctuate and has an expandable supply. What we think isn't what everyone else thinks......The masses already accept a fiat based reserve currency that is nothing more than monopoly money, does anyone think they will reject a similar digital one? |
|
|
|
The grapevine has it that IBM and the Fed are “discussing” the matter of creating a national currency based on Bitcoin. The news will be framed, by the mainstream media, in all the piety and reverence it shows when reporting about central banking and multinational corporations. Yet, the kernel of the story will be the “fringey” Bitcoin – now suddenly acknowledged as a concept worth emulating – by a tech giant and the only superpower’s central bank. Seems like bullshit to me. Based on nothing but a 'grapevine' rumour. I'm sure the government isn't going to be involved in this not is it interested in issuing a national digital currency this way. I think IBM had discussed creating something based on the blockchain tech but as far as it being a currency who knows, but I seriously doubt it would be a threat to bitcoin even if it did happen. HOW WILL THIS NOT BE A THREAT TO BITCOIN, ITS THE FED/CENTRAL BANKS THEY DISTRIBUTE ALL THE MONEY!!!! ITS BASED ON A BULLSHIT RUMOUR THEY HEARD ON THE GRAPEVINE AND ITS NOT GOING TO HAPPEN AT ALL AND YOU CAN JUST USE REFUSE TO USE IT AND USE BITCOIN ANYWAY. Really no need for the caps. I was questioning you saying IF it happened that it wouldn't be a threat. It's hardly just a bullshit bitcoin rumor to pump the price when you see the story all over the Internet, http://www.bnn.ca/News/2015/3/13/IBM-looking-at-adopting-bitcoin-technology-for-major-currencies.aspxAnd I personally think even if this story is not true it probably will be in the coming months and years. This is the obvious chess move of the central banks in response to Bitcoin IF it posed any serious threat to their control and monopoly on currencies. To not head on face this event is like putting your head in the sand. |
|
|
|
The grapevine has it that IBM and the Fed are “discussing” the matter of creating a national currency based on Bitcoin. The news will be framed, by the mainstream media, in all the piety and reverence it shows when reporting about central banking and multinational corporations. Yet, the kernel of the story will be the “fringey” Bitcoin – now suddenly acknowledged as a concept worth emulating – by a tech giant and the only superpower’s central bank. Seems like bullshit to me. Based on nothing but a 'grapevine' rumour. I'm sure the government isn't going to be involved in this not is it interested in issuing a national digital currency this way. I think IBM had discussed creating something based on the blockchain tech but as far as it being a currency who knows, but I seriously doubt it would be a threat to bitcoin even if it did happen. HOW WILL THIS NOT BE A THREAT TO BITCOIN, ITS THE FED/CENTRAL BANKS THEY DISTRIBUTE ALL THE MONEY!!!! |
|
|
|
If the FED do create a crypto-currency then it will almost certainly... - be managed with reference to a neo-Keynesian monetary policy.
- have anti-money laundering and know-your-customer regulations built right into the protocol.
- be intimately linked to the tax system to help catch "tax cheats".
Basically, it would be a less efficient, much less widely-used, and far less private version of the US dollar, a currency that Bitcoin has been competing with favourably for years. One more time for those who aren't awake. The FED with the Treasury has the ability to mint new money right? So IF they decide to create and use a kind of bitcoin dollar with the ability to increse and decrease the supply as they wish then it doesn't need to 'become popular' it will simply become how dollars will be pushed into the banking system probably alongside 'traditional' avenues which are still digital ultimately. So easily we could have our banks offering a digital dollar account on request, a nice simple wallet and also insurance so no one need ever lose coins. People will be putting these coins on their phones and even RFID chips in somone hand (sounds crazy but its all ready being experimented with) I'm not saying Bitcoin will die im saying the masses could easily bypass it and not know the differnce, I mean most people don't think Gold is money while they do printed pieces of paper with no backing. Why is no one getting this fact? |
|
|
|
|
Even among long term users here there is a glaring hole in people's understanding here. I guess most here we things from mainly a tech perspective, proble is that is useless without real world knowledge. Look this is the FED teaming up with IBM one of the biggest tech companies in the world, they will buy any Any people they need to build whatever they want to build and whe they do the FED has the backing of the central banks of he world as well as the banks and the major governments of the world to implement this digital dollar. the naivety on here makes me think the smart people have already left this forum.
|
|
|
|
You can't simply make something new and be sure it will replace the old thing. They are forgetting one important thing: the community.
Just like Dogecoin isn't anything innovative or groundbreaking, but it is supported and on the other hand the "government's innovations" are not.
The community. Hahahahaha sorry that's a good one. So you think .000001 % or less of the world population will drive a new global currency. Look if the FED implement a digital currency they can overnight make it tender alongside the dollar, kind of a digital version of it. To almost the entire world it will look smell and act like Bitcoin...so why wouldn't they just use it? Bitcoin will be made to seem like a dodgy old tech that was only used for drugs and isn't stable in price. Why can't people see how much power the FED has if they want to pull this off? they print trillions of dollars, of they decided to make a trillion digital dollars alongside them they could...and your mothers will be using them within a week whether they know it or not. Don't forget the FED controls the banks. They can just give it out to them and then the banks provide digital currency accounts for customers, real easy spoon feed set ups they can download in a second onto their phone and computers. People will instatly feel the freedom that comes with using a digital currency but they won't care that there won't be a limited supply like Bitcoin. People need to wake the fuck up on this forum. |
|
|
|
IBM's "idea" is to remove the most important feature of Bitcoin: decentralization.
It's essentially a downgrade... some fiat 1.5.
Why not simply use Bitcoin instead?
ya.ya.yo!
Decentralisation will be so easy for the FED and the media to discredit. All they have to say is it's not safe to the masses while this new coin which we can control and regulate and you won't ever lose. I hope you get my point that the best thing about Bitcoin can easily be turned to a negative to the masses. I think you are overestimating the masses honestly. |
|
|
|
I don't think so actually. An open ledger, which anyone can save at any time and compare to the public ledger at any later time, goes a long way toward convincing people that funny stuff ain't happening.
If Bitcoin actually brings about a degree public accountability and gets central banks using a common, open ledger, then it will have done a hell of a good thing regardless of what happens to bitcoin as an actual currency.
The funny thing about this is that cryptographers have been proposing hash chains to secure ledgers and other history for ~25 years, and been firmly ignored until something like Bitcoin that uses exactly that tech (plus Proof-of-work) got big enough to bring it to the attention of people like IBM.
If the FED simply thougt Bitcoin was a good idea and wanted to harness it then why not just use Bitcoin? Sorry but thinking the FED is going to have some kind of open ledger or not have the ability to make more coins as it wishes is living on a cloud in La La Land. |
|
|
|
|
I'm very suspicious of the recent turn around in MSM approach to Bitcoin. Up until recently you rarely saw an article that didn't come out with all the negatives, instable, drugs, terrorists, excnages breaking down etc etc.
Suddenly everyone is a believer and the media is pro Bitcoin. But the subtle difference is oh the blockchain is the real tech and Bitcoin itself is a flawed currency....see where this is going?
So I think opposition to Bitcoin ie the FED realised it simply can't stop Bitcoin globally. But what it can do is create an alternative that serves its purposes ie to be able to print/make as much as it wants out of thin air. And that's exactly what is now happening apparently. The FED is not going to simply watch as it becomes obsolete, it will fight with the massive power it has. For the record I'm a big Bitcoin believer but I do worry some on here have not grasped the capabilities and powerful motives the FED and central banks have on here to grind abitcoin into the dust while accepting it needs to divert people to their own digital currency.
|
|
|
|
Don't worry about this upcoming altcoin by IBM. It's not going to be able to compete at all with bitcoin. It may explode for the first couple of weeks, then allowing IBM to make a profit. Once they do, I suspect it's going to be a Pump and Dump from there onward. IBM is a company looking to make a profit wherever it can, just remember that. People on here are being naive. bitcoin is a tiny little niche while the FED and central banks has the full backing to not only create a coin but to MAKE it legal tender alongside making Bitcoin illegal. The average person will not need much bought media propoganda to lap this new digital money up, in fact it might not even get to voice an opinion, it will be tender and that's that. |
|
|
|
|
Show Posts
