Bitcoin Forum
May 02, 2024, 01:00:06 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 [60] 61 62 »
1181  Bitcoin / Bitcoin Discussion / Re: Google wallet.. good for bitcoin? on: September 20, 2011, 11:38:21 AM
You do realize that Google Wallet is a huge data mining operation, don't you?
That completely defeats the purpose of Bitcoin.

I wouldn't be here if I only cared about mobile payments.
1182  Bitcoin / Bitcoin Discussion / Google wallet.. good for bitcoin? on: September 20, 2011, 10:30:46 AM
http://www.google.com/wallet/
So Google wallet is finally launching. Obviously it's still linked to flawed currencies and banking systems, but it could be a push for online and mobile payments, allowing other options like Bitcoin to ride the wave.

What do you think? Are there any projects to implement Bitcoin on Google wallet? how about exchanges from bitcoin to Google's "prepaid" card?

1183  Economy / Economics / Re: Ron Paul and Bitcoin on: September 19, 2011, 09:28:42 AM
U.K. Member of Parliament: I'd Rather Use a Currency Developed by Google than the Bank of England
http://www.economicpolicyjournal.com/2011/09/uk-member-id-rather-use-currency.html


Quote
U.K. Member of Parliament Douglas Carswell is about to call for the British House of Commons to allow currencies to compete against the Bank of England's pound.
1184  Economy / Economics / Re: Ron Paul and Bitcoin on: September 18, 2011, 03:43:20 PM
Here's the video of the hearings in YouTube

Hearing on Sound Money Sept 13 2011
http://youtu.be/1ChBR0mSWhI

Some pretty interesting comments on bailouts, TBTF, fractional reserve banking, fiat money... definitely worth the watch.
1185  Economy / Economics / Re: Ron Paul and Bitcoin on: September 14, 2011, 12:58:30 PM
This gives some details:
http://www.goldmoney.com/gold-research/gold-money-and-currency-competition-in-the-us.html

Gold money and currency competition in the US

Quote
Dr. Lawrence Parks, of FAME, who was interviewed by James Turk for the GoldMoney Foundation not long ago, testified on the severity of the fiat currency situation and the very real danger of a dollar collapse. Dr. Lawrence H. White, author of “Competition and Currency”, also testified. Many of the subjects discussed at these hearings will be familiar to our readers: fiat money, competing currencies, gold money, legal tender, inflation, the gold standard and full reserve banking.

Of course the political discussion is no longer academic, since a growing number of alternative currencies already exist, and history is also full of long lasting real life examples, many of which you can learn about at the GoldMoney Foundation.
1186  Economy / Economics / Re: Ron Paul and Bitcoin on: September 14, 2011, 08:09:47 AM

Bitcoin mentioned by Lawrence White in...
Hearing on Free Competition in Currency Act of 2011
http://financialservices.house.gov/Calendar/EventSingle.aspx?EventID=258253
1187  Economy / Economics / Re: Ron Paul and Bitcoin on: September 08, 2011, 07:12:12 PM
Ron Paul's bill would be the best thing that ever happened to bitcoin:

H.R. 1098: Free Competition in Currency Act of 2011
http://www.govtrack.us/congress/bill.xpd?bill=h112-1098

Quote
To repeal the legal tender laws, to prohibit taxation on certain coins and bullion, and to repeal superfluous sections related to coinage.

Quote
no State may assess any tax or fee on any currency, or any other monetary instrument, which is used in the transaction of interstate commerce or commerce with a foreign country.
1188  Economy / Speculation / Re: Paul Krugman Effect on: September 08, 2011, 11:20:49 AM
Good point.  Looks to me like he didn't spend 20 seconds to even read the wikipedia article about bitcoins.  The most directly false statement was:

Actually Krugman usually does his homework and then plays dumb when he wants to mislead. did you see the metadescription for the article?  "Digital, but still a barbarous relic."

He hates the idea of bitcoin, just as he hates gold and all and any currency competition. Without money monopoly he and his keynesian buddies are nothing.
1189  Economy / Economics / Krugman vs. Bitcoin on: September 07, 2011, 01:51:44 PM
In "Golden Cyberfetters"
http://krugman.blogs.nytimes.com/2011/09/07/golden-cyberfetters/

Paul Krugman knocks one of bitcoin's best features, that it cannot be printed at will by politicians and Nobel prize winners at a central bank.

As a Keynesian, any fixed rules which cannot be manipulated at will by central planners are obviously anathema to him.
1190  Economy / Currency exchange / Re: Bitcoin <--> GoldMoney on: September 06, 2011, 04:44:35 PM

http://www.bitcoinmoney.com/post/9872899440/global-exchange-trading-expands

Quote
GoldMoney Gold Grams, Silver and Palladium can transferred to Ruxum for trading after the exchange converts to the currency choice specified.
1191  Economy / Marketplace / Re: BitCoin Super Store Is Back Up - http://bitcoinz.ca/shop/ on: August 15, 2011, 10:28:50 AM
Shop is looking great.
I bought a couple of things before the mybitcoin debacle and I have just picked them up. No complaints.

I'll definitely will be a returning customer.
1192  Economy / Currency exchange / Re: Bitcoin <--> GoldMoney on: August 03, 2011, 09:05:38 AM
Quote
8. EXCHANGES, CARD PROVIDERS, MONEY SERVICE BUSINESSES AND CASINOS
Unless permission is expressly given by GoldMoney.....

Of course the above is something to keep in mind for anyone who runs an exchange.

1193  Economy / Currency exchange / Re: Bitcoin <--> GoldMoney on: August 03, 2011, 08:58:18 AM
Quote
8. EXCHANGES, CARD PROVIDERS, MONEY SERVICE BUSINESSES AND CASINOS
Unless permission is expressly given by GoldMoney, a Holding may not be used to operate a money service business or online casino, enable the funding of a debit card or to complete an exchange between goldgrams/silver ounces/platinum grams/palladium grams and other e-currencies. Any violation of this provision will result in the immediate closing of a customer's Holding.

(from here)

Frank


Annoying. They won't develop a market for their DGC themselves and at the same time won't allow e-currency exchange so that their customers can spend their gold. I guess they're not interested in Goldmoney as a medium of exchange, only as a store of value.

Oh well. I won't be making any more transactions until I've checked with them. Don't want my account closed.
1194  Local / Español (Spanish) / Re: Funcionamiento de Bitcoin e España. on: July 29, 2011, 04:28:15 PM
Hay que realizar un sistema para pagar con el movil...

https://www.mybitcoin.com/
1195  Other / Politics & Society / No monopoly on: July 29, 2011, 10:42:43 AM
It's a video about gold, but the lesson applies just as well to bitcoin:

Gold: Independent Money
http://youtu.be/RvL_Dm2d99A

3:07-3:20

Quote
The ability to issue money is too much power for governments, banks, anybody... The best way to stop the abuse of power is to spread it as thinly and widely as possible
1196  Economy / Trading Discussion / Re: Bitcoin traders, why don't you just trade forex? on: July 28, 2011, 05:12:11 PM

So, to all the bitcoin traders out there... what are your reasons for trading these shady, unsafe bitcoin markets over regular FX?

I want to trade FX with bitcoin.

The most annoying thing about most brokerage accts is the slow fund/withdraw process, together with the mass of financial regulations, AML, KYC, etc.

I want to be able to send BTC and withdraw them with a click. Like cash.
1197  Economy / Currency exchange / Re: Bitcoin <--> GoldMoney on: July 27, 2011, 07:39:29 PM
Now there's two contenders for BTC Amazon:

http://www.bitcoinz.ca/
vs.
https://bitcoinworldmarket.com

I love how fast things move in this world!
1198  Economy / Marketplace / Re: THE Place to Shop w/ Bitcoin: BitCoinWorldMarket.com on: July 25, 2011, 09:06:17 AM
Great! Done.
1199  Economy / Marketplace / Re: THE Place to Shop w/ Bitcoin: BitCoinWorldMarket.com on: July 20, 2011, 08:55:19 AM

I'm ready to place an order! So give us international shipping please! Smiley

second that
1200  Economy / Currency exchange / Re: Bitcoin <--> GoldMoney on: July 13, 2011, 05:20:06 PM
Very interesting interview with GoldMoney founder James Turk:

James Turk: Gold Is Our Defense Against the Fiat Currency Graveyard
http://www.chrismartenson.com/blog/james-turk-gold-our-defense-against-fiat-currency-graveyard/60423

Quote
James explains why he expects:

*The US Government to raise the debt ceiling in August, which will require the Federal Reserve to print more money in order to soak up the new debt, sending gold and silver prices much higher this summer.
*Holders of fiat currencies to experience increasing losses in the purchasing power of their wealth; contrary to those who hold precious metals, who will see the reverse.
*This pattern of currency devaluation to be similar to the many other examples seen throughout monetary history. In short, the “unthinkable” event of a dollar collapse is a much more probable event than most consider.
*Precious metals to be an excellent vehicle for preserving purchasing power through this next transition, and whatever future currency emerges, their historic role as money to be restored.
*The end of the bull market in precious metals is years away. We’ll know its ending when holders of PMs begin trading them for other assets (e.g. property, securities) that have become overly undervalued.
Pages: « 1 ... 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 [60] 61 62 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!