Interesting company. They're based in the UK and are regulated there. Seems like it could be a good project for them.

All economies are religion. South Park taught us that.

At least they lifted the restriction and you can now buy bitcoin again.

I think that depends on the government though. Some governments might want banking privacy while others won't.

Very sad what the authorities did to you. I think people need to be very cautious trading in the "land of the free".

Bitcoin as a technology and currency is fine (other than volatility for the latter). Any problems I've ever had were relate to the trading of this technology/currency which is a human problem more than anything.

Who needs eBay when Open Bazaar will be released?

If you could develop a crypto currency for a domestic government to adopt, what features would you implement into the coin and why? e.g. would there be a limited amount of this currency like bitcoin? How would you deal with inflation? How would you deal with volatility?

This is aimed as a fun thought experiment. I think it would be plausible for a government to adopt a crypto currency. Ideas from developers and everyone are welcome.

I am selling Amazon gift cards for up to 25% off using btc.

www.bitcart.io

Once your account reaches a certain level of activity, Coinbase ask you a number of questions as to how you are funding your account to buy btc and what they are for. So this makes them compliant with AML.

There must be a compliancy issue. There's no other reason why digital companies wouldn't accept btc.

There are a lot of ATMs in Canada if that means anything. That would only mean it's accessible not necessarily btc friendly. I'm not sure which country would be the most "friendly" or adopt btc the most. Maybe Cyprus?

Volatility has improved going by the graphs above. But for how long...

Coinbase comply with regulations (maybe even more than they need to) so they won't get shut down.

I've sold the idea to all my friends and family but few have actually used it. They believe it's a good thing but it's not very accessible as a currency yet I believe.

I understand what you mean OP. "blockchain" has become a buzzword now and meaningless like the word "disruptive". I believe that people who are dismissive of bitcoin and favour blockchain probably know little about either of them.

I do believe that blockchain will outlive bitcoin though. there is more uses for it than a single currency.

BTC won't be a national currency because it's global and we are too soon for a global cashless society.

A national crypto currency is very plausible, however.

BTC has gotten quite stable over the past couple of months. That said in the past 2 weeks it's jumped 15% and then down a couple of %. Of course this is a good thing for btc owners so if you are hoarding just keep an eye on the price daily to avoid any negative volatility.

Very cool, reRaise, thanks for sharing!

It's speed.