Yet another article about how the halving reduces the supply and causes the price to rise. It is sad to see that misconception being repeated everywhere.
This article seems to acknowledge that the logic is flawed, and they have a reason to cover that - efficient market hypothesis does not apply to the bitcoin market.  “The bitcoin market is still in its infancy, and I don’t think that factor is discounted into the price fully,” he said. |
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I would like to sign up Username: aso118
Member rank: Hero
Post count: 757
BTC address: 1AQA3kVcmMdEGwdYaRxVQCeU9z4wcqiGqy
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Ita becoming clearer by the day u just have to be super
observant of whats happening around you and online!
Bitcoin is getting more attention, but I wouldn't go that far and say that the world has become fixated on Bitcoin! |
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Whatever the underlying reasons for the surge in google searches, they seem to be positively impacting the price as well. I am not complaining. |
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Finally.... a mainstream article which agrees that Bitcoin may be traced. |
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Seems surprising that there is no minimum exempt amount.
The screws seem to be getting tighter.
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This is just a comment by 2 economists (although they have been associated with the central bank in the past). As usual, the news headline has been hyped up. |
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It is a pity. I thought bitepesa and mpesa could complement each other.
Unfortunately, existing businesses now see bitcoin as a threat.
I hope the courts act quickly against the misuse of this monopoly.
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A signed transaction seems to be a good idea.
I have right now kept the seed of my electrum wallet in a secure place, which will be accessible to my heirs after my death.
I should have a relook at my plan.
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The title is misleading. He is not selling domains, he is offering to purchase domains for you. So it is in the right section. |
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Well, it's just an application.
The filing date is post the bitcoin white paper.
Examiners don't often use non-patent literature to reject new patents unfortunately. It just doesn't really happen often.
The problem is bitcoin doesn't have a group to enforce its IP. By this I mean the white paper. A lot of these cryptocurrency patents should be held invalid based on the existence of bitcoins and altcoins already in the marketplace. Ultimately, it depends on how the invention is claimed.
Even if the examiners don't check non-patent literature, patents can still be challenged. I doubt if they will try to patent something which is already existing. |
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He wanted to ban exchange/conversion of bitcoin into and out of Ruble, but then bitcoin can be used directly in trading without even touch the current financial system, an even worse nightmare for authorities, they will totally lose the trace of it
He is hoping to kill Bitcoin adoption in its infancy in Russia. Only when its adoption increases, Bitcoin can circulate without touching the current financial system. |
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Kenya could be a number 1 spot in africa for bitcoin in the future...
Isn't it already that way? Where else do you have companies like BitPesa? |
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Why would terrorist make there own coin, when they can just use Bitcoin ?!?!?
Same reasons why governments everywhere have fiat. Because they can mint an unlimited number; bitcoins have to be earned. |
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Laughable - He gives reasons of money laundering and terrorism financing, but states that he does not view Bitcoin as a threat to the Rouble. It is typically countries with weak currencies which are afraid of Bitcoin. |
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I'm a UI Designer and while the tech itself is unique and innovative the way it was conceived for massive adoption it's just nonsense. No common people will bother to learn the decimal value system to begin with. It's completely unnatural.
Are you talking about payments being made in fraction of bitcoins? No problem - you can talk in terms of satoshis or millibitcoins, instead of bitcoins. Or if people find it really difficult, they can use dogecoin.  |
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https://news.bitcoin.com/kenyan-president-nominates-bitpesa-board-member-for-cabinet/On Tuesday, November 24, 2015, Uhuru Kenyatta, the president of the Republic of Kenya, reshuffled his cabinet, dropping five cabinet secretaries and replacing them with new faces to give his government new impetus. Among the nominees is Joe Mucheru, who is a board member at Bitpesa, a Bitcoin exchange that leverages on mobile money services such as Mpesa. This is great and huge step in the right direction. I expect a lot of progress after this news for Bitpesa. It's great to see that not all government leaders are willing to slow down or ignore the inevitable. This definitely is a positive step for Bitcoin. The next time Bitcoin is mentioned in a cabinet discussion, Mr Mucheru could step in and offer some insights. |
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Governments basically can borrow unlimited money from banks so they might not be interested in bitcoin which disabled that feature. However they are not directly involved in monetary policy, so they might accept bitcoin as an extra source of income
i always thought, why we need to pay taxes..., when governments can actually have infinite money, they can feed their need by printing more, after all our money come from there... Tax is an old tradition and it does not matter anymore since the removal of gold standard. When government can borrow unlimited money, each dollar they borrow will just be a tax to everyone who did not receive the new money immediately, in fact that tax is much more widely applied and will get almost no resistance from general public (FED printed 5x more money, equal to a 500% tax, but no one cares) Keynes said that only one in a million would identify this form of tax. The tax income generated through this way is magnitudes larger than traditional tax collection, which makes traditional tax debate a TV show without any impact for whatever party's government: When you can borrow trillions, who cares if your tax income is 2 billion or 4 billion, they are just pocket change If you consider this to be a tax, on whom is this applied? If your wealth is in the form of real estate, this tax does not impact you. If you have borrowings, then this actually benefits you! So I don't think it should be considered as a tax. |
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It is not necessary complicated if you have some technical know how around computers and who doesn't now a days? Even a 4 year old can operate a table and connect to the internet like it was nothing for them.
Wallets on smartphones have become simpler to use and less complicated because everything is touch screen and you just use the camera now to scan the QR code to send and receive bitcoins. How simplified is that.
Yup, my grandma can use email and she doesn't have to know about TCP/IP for that. To use Bitcoin, you don't need to know what happens underneath. We may not have an app which takes Bitcoin to the masses right now, but we will get there. |
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If you use BTC to pay taxes, are you forced to recognize capital gains on your coins?
That could be a dampener for early adopters.
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