i dont think so,faucet is good for bitcoin newbie 

21 Inc’s strategy seems to be to take an exciting, hard-to-understand technology, and market the shit out of it.

Now, don’t get me wrong. Marketing is essential to just about every business and is a good thing when used responsibly. Plenty of companies out there market their products and brands they way they should be.

And then there are the companies that don’t. Specifically, I’m referring to 21 Inc, the company behind the 21 Bitcoin Computer. They make numerous claims on their website that I have issue with:

“Plug in your 21 Bitcoin Computer to get a stream of bitcoin on your Mac, Windows, or Linux laptop.”
“The 21 Bitcoin Chip means your 21 Bitcoin Computer has access to a constantly replenished source of bitcoin.”
“…you can now write programs that connect to the Bitcoin network just as easily as they connect to the Internet.”
“…it’s a tool for making passive income at home by selling access to your software and assets for bitcoin.”
All of the above are true statements, as far as I can tell. But they are misleading true statements. Here are my rebuttals:

The computer/chip will not net you any profit in mined bitcoin. There are too many people out there with far more power to mine bitcoin, vastly lowering your chance of earning anything.
See above. Any money earned (say, through a mining pool) will be insignificant.
This has always been possible. In no way is this new.
If you have a product to sell in exchange for bitcoin, then you likely have a product to sell for dollars (or other currency). If your customers only pay via bitcoin, then there are many,many,many options out there for receiving bitcoin. Want to avoid the fees? You’d better plan on earning more than $80,000 to justify buying a $400 computer for your payments system (based on Stripe’s 0.5% fee structure). Oh, and there are some great open source libraries to do this for you for free. No specialized hardware needed.
Some people argue this will revolutionize IoT. Really? Our toasters will be buying/selling on our behalf? Will I be pimping out my coffee maker to my neighbors? All jokes aside, this can all be done with just a Raspberry Pi.

“Bitcoin-enabling” everything could have some useful applications, but I don’t see this as a practical way forward. For example, a hardware implementation of something like the bitcoin protocol/blockcain could be useful in IoT (or computing in general) if it was used for general purpose transactions, like messaging (see Ethereum). Unfortunately this isn’t the case, nor is this how the product is marketed.

Maybe I’m being overly critical of a first-gen product, but I just don’t see why this is useful or why its been getting so much attention. Essentially, you’re paying $400 for a Raspberry Pi ($40), an under-powered mining/blockchain chip, and some pre-installed software.

Just take a look at the Hacker News comments on this. To me, that says it all. This is a developer-focused product, and the developers aren’t impressed.

To summarize why I’m disappointed:

The misleading marketing speak
The $400 price tag
The amount of press backing up the misleading claims
The ridiculous amount of funding with little to show
I hate to be critical and not offer an alternative solution, so here is what you should do instead of buying the 21 Bitcoin Computer:

Buy a Raspberry Pi
Install Bitcore
Buy and attach one of the many USB miners
Install BFGMiner
Good luck, have fun.

I write at stackabuse.com, tweet from @ScottWRobinson, and occasionally post code to Github.

Scott Robinson

can i join this avatar signature?

its too cheap for paypal verivication

i really dont have any idea with this 

i also have one,i'm in indonesia..pm me soon

my first is came from faucet and PTC ads

i just think the name and number is remain me to my idol (Ricardo Kaka),this is my avatar for you


my BTC address : 12cFqpBMpcC3rrViFUrXpBuSCzmPJidh21

what kind of avatar you can create?

you must clasified your question,too many way for marketing on internet. many way to promote your product on internet.

the craziest thing can i buy with bitcoin is one island,full of hotels and play ground

IBM is embracing the Bitcoin Blockchain by utilizing the technology to power smart contracts.

According to The Wall Street Journal Big Blue's research arm is using the code that powers the Blockchain to create a new derivative system that would be used to create digital contracts that would be recorded publicly and securely on a world-wide computer network.

The software, the development of which is said to have been ongoing over the past year, would have fintech applications such as being able to log transactions between banks or international businesses, or let banks and businesses share the same system of record.

As an all-round bonus, IBM is also said to be aiming to open-source the code it is developing, meaning that if it does come up with a solid Blockchain-derived smart contracts platform, everyone will be able to get their hands on it, and even build on top of it again.

Every man and his dog
IBM isn't the first company to be exploring the Blockchain or Blockchain derivatives, and particularly with the surge venture capital funded fintech companies doing the same of late, you could say that every man and his dog wants in on the Blockchain.

And that's not a bad thing.

If you read our coverage of Blockchain focused fintech startups here at SiliconANGLE we're probably starting to sound like a broken record, but we'll say it again anyway: the Blockchain is the future, and those who can bring to market workable solutions that are not only embraced by high finance, let alone overcome the regulatory issues surrounding financial transactions, are the future kings of the technology world.

There's also the "humanitarian" aspect (for lack of a better term) when it comes to the Blockchain as well, and that's in utilizing it to bring financial solutions to people and countries who lack for current fiat currency legacy financial services, a point Arvind Krishna, Senior Vice President of IBM Research, noted in his interview with the Journal:

“I want to extend banking to the 3.2 billion people who are going to come into the middle class over the next 15 years...so I need a much lower cost of keeping a ledger. Blockchain offers some intriguing possibilities there.”

The time frame for the release of the code was given only as "in the next few months."

Mark Rizzn Hopkins