Wow, that's a great idea Ronaldo... if an online casino business where to set up a real virtual casino, where actual people where to deal the cards, take out the uncertainty of people who can't code and can't independently verify the provably fair code that the casino is trying to use from the start.

Also, it would be pretty neat that if they had stuff like blackjack too, where you as the gambler can chat with the live dealer, or anyone else at the table via a chat log that's for that specific table.  Pretty interesting stuff, but I think in this case, you might even need real people to play as your "puppets" so they can show you what you have if they were to deal real cards, or maybe just have a camera under the table?

A lot of security measures would have to be in place for a website like this... but if someone where to figure it all out and have it set up, I think that they could make a pretty solid business online for sure.

Dictatorship? It's quite the opposite, I think... The last movie I saw in 2011 moving forward; proposed a system where we have a scientifically ran society that is not ran by one entity or person, group, etc.  We all benefit from the advancements in technology and start enjoying our life, and that means everyone.  There will be no politics in this kind of proposed society, so a "dictatorship" does not explain this type of philosophy, IMO.

Well shit, I honestly didn't know that this was a legit problem people face when trying to travel with gold (didn't even think about it honestly...). But this goes to show you how cryptocurrencies are insanely revolutionary in itself though. Digital "gold" that can be transferred anywhere in the world to anyone, as a form of "currency" for means of conducting business.  from the article:


So no need to physically move actual gold around and instead transfer digital gold? Count me in.  The problem lies that we are still tied to the monetary system instead of having bitcoin and other cryptos backed by gold instead... now that would be a logically fit way to run a somewhat ok economy in my mind.

Did you try rescanning the blockchain?  When you're checking the confirmation count in the side area of the app, you can click the button at the bottom I think to "rescan" the blockchain... this gives more updated information with your transaction.  I don't think it's really necessary to delete the app and reinstall it again, I don't think.

But yeah, the connectivity from Bread to Multibit is a very nice feature that I might look more into later in the future.

This really isn't the point though.  You are assuming that you have a lot of miners going into one country... the reality is, is that in this situation, you would have sort of an oligopoly of miners going in and mining.  These mining "CEO's" own this equipment and are supposed to benefit them as a individual, or more realistically, a business. 

As a business, you need to meet certain demands to keep your business afloat.  When the price plummeted to below $200 a little while back, they were still mining at a loss... Now, because you have big time miners starting to have some say in this new little world of nerdy "politics", they start gaining control over not the supply, but yet the security of the system.

So in other words, you can argue that if the big time miners needs aren't met by devs, then they can threaten to drop mining all together in sort of a protest until they get what they want. If there were dynamic block sizes in some way that can be reasonably achievable to meet the needs of transactions at any given time... then miners wouldn't have so much of a say so in holding the security of the network at hostage to get what they demand.

Touchy subject I know... but that's how I see things as of right now.

I think Bitcoin in particular would be very reasonable and logical to donate in charities, in order to track where the funds are going to, and to see if your funds are being spent how you intended the funds to be spent by the charity.  The problem lies in this fact:

Ex: You want to donate to a charity that feeds starving children in Africa.  You donate funds to the charity and you see it on the blockchain.  Now, the charity can't just use that bitcoin to buy food for the children in Africa, they need to change it into local fiat to be able to buy food.  Now it goes into an exchange so the amount you donated in bitcoin can be changed to fiat.  From there, you have no idea how the funds are being used, and we go back to the same problem before... corruption can still ensue.

I don't necessarily see these types of posts as "fear mongering", they are just being realistic and watching what's actually occurring in our world.  While I don't think the terms "crashing" suffices, it will probably rebound... but anyone who has been paying attention to how are economy works and seeing glut of oil and unreliability of the banks, plus definite knowledge of the Fed over printing money all the time; anyone can see that the world economy is going to be majorly devastated sooner or later.

Now the simplistic reasoning that bitcoin is going to go up because most nations fiat systems and stocks are currently going down? Probably not. People on here fail to realize that we (and now other investors as well) are a very small minority of the world who sees bitcoin as a safe haven from the dips that the stocks and so on are doing.  Hell... we are still at the point in time where probably 95% of the remaining population of Earth doesn't even know what bitcoin is.  It is not as well known as gold... and as you can see, gold is doing very well right now in the market due to this dip in stocks and fiat commodities.

That's a pretty good list you got going on there.  But for example though, with the last video you posted; they talk about the benefits and what not and then go into the details about the problem with big time mining farms that have popped up around the world and resemble the Central Banks to some extent... then right after wards, the narrator says something about "bitcoin, the truly decentralized person to person network...", or something to that extent.

Overall those videos are nice, but they do tend to not show or honestly have some unbiased views about bitcoin... nonetheless, they don't even have any counter arguments from people who oppose bitcoin and don't think it's going to work... they all just promote it.

So it will be nice to see a documentary about bitcoin that shows: 1) what it is 2) purpose 3) problems 4) counter arguments; and 5) rebuttal ... I think in this way we will see a very good lay out of pretty much everyones view point and then we can expect people to make a decision for themselves.

That's true I guess... I guess to get people attracted to come to such a "bitcoin carnival" is a task itself, but maybe if you take jacee's idea of having separate booths to try some fun side games besides the thrill rides (you usually see this kind of stuff with games where you throw a baseball to knock over bottles, or darts at balloons, or whatever) and make them somewhat bitcoin oriented in a way, plus try and have the payment be done in bitcoin somehow...

I could see a pretty cool game you can make, by trying to incorporate throwing blocks to stick on a "chain" of some sort, maybe?

Edit: also, this thread maybe more suitable in the "service discussion" section.

You can't just blindly say that you are going to charge a specific price for something like this and not know what it would cost to run such a thing.  You need the equipment, employees, space to hold carnival, etc.  Plus you have to think about the demand for such a carnival...

Think about it, you are planning on just holding your average carnival, but with the extra payment convenience of bitcoin.  Is the goal of creating the carnival for profit, or just the advertisement of Bitcoin in general? Where are you planning on holding it? Are there a lot of people in the area that use bitcoin and would like to go to a carnival? 

As you can see, there are a lot of things that can go wrong... especially if you're asking people to specifically pay in bitcoin (I know you said people can pay with USD for convenience... but it looks like you are specifically asking for people to use and accept bitcoin there.)

So, I guess to answer your question... maybe after you calculate all the costs, and still would want to go through with something like this... maybe you should charge higher prices for people who use USD, compared to people who would pay with bitcoin?

I don't really know if there is a proposition for this kind of idea or not already... but what do you guys suggest the "cryptonote" or XMR community in general, should use as a platform to help ease the transition of cryptocurrencies in the real world monetary system? Do you think we need to have another form of ideology along with secure, anonymous transactions?  Even though "Anarchy" is a type of ideology, it really is pretty fague to me TBH... there is no real structure for how cities, institutions, etc. should be ran "by the people".  I feel if we had some common ground on a type of ideology we can all agree on, then the cause for XMR would seem to serve a bigger purpose than to just have really anonymous transactions in a capitalist/consumer world.

Just been pondering this recently and didn't know what you guys thought about it?

Forgive me for going on a rant here, but I was recently just thinking about this.  Before you read further, this is about the Zeitgeist Movement; and seeing if there is a genuine interest anymore. 

People who got started in Bitcoin a while ago got influenced by it, because they believed that it possessed the power to give power back to the people.  This really doesn't seem to be the case any more. People are only interested in this virtual currency because it seems to be a vesicle for people to earn "free" money.  It seems as the days go by, people don't really give a shit any more about the power of being your own bank and not having to rely on the monetary system of the Central Banks; nor do people really seem to care about the reality of continually going into debt for the rest of your working life.

The Zeitgeist Movement obviously was very controversial and didn't go over very well with a lot of people.  It touched on a lot of touchy subjects like religion, philosophy, politics, and the list goes on.  You can be able to disagree with some aspects in religion and philosophy that the documentaries/movies touched on, but you can't deny the reality of what is presented about the continuing, overhanging debt that every citizen of every nation must undergo.

Regardless of philosophical view points or religious beliefs, there is no denying the system the Central Banks puts upon us are a very well orchestrated system of continuous enslavement of citizens from birth to death; unless of course, you are the 1% who can afford to put millions of dollars into CD's to gain interests rates that are in itself a ponzi scheme to the max.

It was bad enough when the Federal Reserve issued these "notes" or dollars, euros, yen, etc., backed on the "gold standard" which promised the amount of gold per note; but ever sense this gold standard was dropped, there has been nothing more than perpetual inflation and ridiculous loans being made out which cannot be made back.  To make things even worse, I'm pretty sure only 3% is in the physical form and the remaining 97% is all digitalized...

Which brings us to Bitcoin.

If something is going to digitally transferred between person to person, why should it be something created out of nothing, which in turn needs to paid back with interest; instead of a finite system, a digital "gold" if you will, that can be mined and stored in your own, personally owned, banking vault which can be taken out and stored at will?  When will people stop and listen?  What needs to be done to make people realize that they are playing into the hands of governments and the Fed, by being a modern slave? 

This is what's more concerning though...

If you tell them about this inevitable problem, they really don't seem to care.  Worse, is that if you propose that you want to believe in a philosophy that you want the well being for everyone on the planet and not just for your nation, you are deemed not "patriotic" and are labeled and "anarchist" or "marxist", which has a pretty bad stigma with people.  The Zeitgeist proposes something that is not of a philosophy that has been able to be developed until now, and shouldn't be labeled as a political philosophy; but rather it should be labeled as a philosophy for a type of government that uses logical intelligence that is backed by math and science to not waste resources and meet the demands of everyone.

Also, what's concerning is that the people who were once into Bitcoin for the financial freedoms it proposed, are now more interested in the financial game that is now in play and are only interested in it to cash out to have extra spending money... and so this cycle of corrupt economics continues...

What do we need to do to make people realize of the dire situation we are currently facing?

... Or does it still even matter to people anymore?

The reason news outlets don't portray Bitcoin in any positive light, is because of the fact that most news outlets are indirectly controlled or influenced by government. We are passed the "laugh at them" phase, and now they are trying to remain on the "ignore them/discredit them" phase, before they have to embark on the "join them" phase.

Until more people can see the benefits from a limited, digital, and p2p verifiable currency; then the government still finds them self not feel as threatened. When you start seeing major celebrities, or other influential people start supporting Bitcoin and our cause, by "tweeting" about it and celebrating it on social media, then that's when you'll start seeing some backlash from government.

And that right there should be the end of this thread. People have to realize that gambling and investing aren't gaurenteed ways of making money, and need to put their funds toward risky situations like these accordingly.

It's always nice to pipe dream and feel lucky on dice, which I do so sparingly, but if I had a choice, and for the sake of this thread, I will always put more of my funds in investing... By investing into precious metals and other assets.

Obviously, you don't realize how little a million dollars is in today's economy. Maybe you're a pretty elderly person, and will only need to be living a little while longer, but I doubt that. Even if that were the case, you would be living very minimally for the next 5-8 years, at best. The fiat system is continually inflating and prices for your average everyday purchases are going to get higher as you go about life. This is why people invest into assets so you can protect and store you're wealth.

One million dollars could've made you retire for good back in the 50's or something like that... But definitely not now.

I completely understand what your saying about golf and silver holding its long term value regardless of fiat price, but with jewelry and, pawn shops most of all, you're not going to ever get the amount you should get at its market value... Whereas you can sell Bitcoin on any exchange site and always get market value and its instantaneous.

I know this is a very tedious thing to say about precious metals, but it's annoying nonetheless. I currently have a lot of silver and plan on getting more gold once I feel I can buy as much gold per Bitcoin on websites that sell gold for Bitcoin.

I feel the USD and fiat system in general is bound to collapse in the next 10 years though, and you're right, you can't trust that Bitcoin will be one of the surviving currencies/assets people will go too due to history always repeating itself.

That's true, but I mean look at it this way though, we are basing our predictions of how much we would need based on the purchasing power of fiat as of right now. You have to think of how much inflation will be in 20 years from now, plus be able to realize that there might be a possibility of the whole fiat system going down the tubes. Any one who knows a little bit about what the Central Banks are doing can understand that the way they are doing things, simply cannot be sustained over a very long period of time.

So what I'm trying to say, is that unless you have a magic crystal ball laying around where you can accurately predict all this stuff, we will never know until the time comes.

I'm confused... Does your bar accept bitcoins as payment? I mean, I think I get where you are coming from in saying that you made a good bit of money off being a somewhat "early" adopter in Bitcoin and all... But I think it will still come off as a risky stock market kind of trade than actually using Bitcoin as a legit currency.

Well for one thing, I've been thinking about what the hell is going to happen amongst nations and every citizen they have once/if a nation accepts crypto currencies as its own "national" currency. There will be such a small percentage that will own Bitcoin in comparison to everyone else in the nation, with pretty much everyone starting out at 0.

So how would governments/should governments intervene and have a huge mandatory tax on people that do have cryptocurrencies?... And because of the highly unlikely scenario ever taking place, I think you guys will start to see my point.

If one huge first world nation like GB, USA, France, etc. accepts and establishes Bitcoin as a national currency, then how would the government fix the wealth distribution? If those big countries accept Bitcoin, then the price will sky rocket to oblivion..

I don't necessarily understand why you could possibly think that it would just "disappear" to be honest...  Even if Bitcoin were to go below $1 again, in the most extreme of situations, I think it would still be used by some people still.  Regardless, there will always be someone out there in the world who still enjoys using Bitcoins and the features that come along with it.

That's honestly a major flaw with the Bitcoin community; I remember when the price was sinking below $200 not too long ago, and people were writing off Bitcoin in general, and all the posts here on the forum where of topics like "RIP Bitcoin", etc. etc.  It just seems that most people on here use Bitcoin only for "HODL'ing" purposes, rather than to use it as a currency as it should...