What is your point? If your income is $2 a month in some third-world shithole, then you probably won't be a miner no. You need equipment, equipment costs money, not everyone on earth has access to this.

Having enough money to afford the required computer gear makes you an elitist?

Just shut up you have no idea what your trolling about. 

My meaning was this company has no patents of any kind on file under the owner or the company by name

I just have a el-cheapo Sempron 145 with 2 Gb of cheap GSkill RAM running my rig. The proc and memory dont have to be anything particularly special as the GPUs are really doing the work. Though for overall system speed it doesn't hurt to have adequate resources so you don't have to spend 10 years waiting for it to boot up or to log in.

We already are freedom fighters. I'm doing what I'm doing to help liberate us from a tyrannical and sick money system that has caused untold misery in the world for generations.

They have already been attacking Bitcoin as a method of paying for illegal drugs and terrorist activities.

And it is all without merit. USD cash has been used for this purpose since its inception. No one calls for a ban of the Dollar. That aside they've spent millions and years fighting distributed file sharing and have gotten no closer to shutting that down either. Short of shutting down ISP's at gunpoint there really isn't jack they can do about Bitcoin aside attack end users at the fringe.

The printing of fiat currency is in no way like how the crypto economy works. You cannot simply "print" Bitcoins this way as you can't just create new physical gold out of nothing either. After 21 Million that is all the coins there will ever be, and no more can be created after that, ever. With the Dollar they just keep printing sheet after sheet of worthless money with zero intrinsic value or rarity. To have the majority of hashpower worldwide would be very difficult and VERY expensive to do, plus this is why the network is metered to combat anyone just plopping a million Mhash rig on it and cleaning house. The addition of more power just makes mining that much harder to do. Whether the network is a single CPU or a giant hashfarm, coins only come into the system every 10 minutes, and the amount of them rewarded per block only decreases over time.

But, should probably not hijack this thread....

This rarity and difficulty in creation is what gives Bitcoin an inherent value as it took a lot of work to make them. Even when they pass the stage of a commodity, they will still continue to appreciate as Bitcoins are destroyed, kind of like a built in savings account interest whether you spend it or save it. Not a bad idea to keep some for later at this stage. China is getting on board with their own government educating their people about it, The Push 2 is on the way I think. BTC is starting to rise once more, and slowly.

Still looks plenty up to me

You might want to try flashing your BIOS to the newest version if you have not already, there might be some kind of conflict or incompatibility occuring

Would you make this email public?

Though if fiat operated on a similar protocol, it isnt fiat, it is another cryptocurrency. Not to say the government wouldn't like to operate a centralized version of Bitcoin only they control, though if they left the mathematical constants in place this control would not necessarily afford them many benefits.

The power of fiat for them is the ability to endlessly print new money. This money they mostly just give to themselves, creating a disgusting system of corruption.

The commodity nature of Bitcoin will dissolve eventually. As long as it is interfaced with fiat and used as a speculative tool it will just be this way for the time being.

Though once fiat fails completely (and it will in the very near future I think) a Bitcoin will simply be worth a Bitcoin, as any valuation in USD or other fiats will be absolutely meaningless if they are so hyperinflated as to be basically worthless. The markets will have to readjust after that, it is difficult to say if fiat is no longer viable what prices would become, as fiat can't be used as a reference any longer to the price of goods and services.

For now, hoard some, but do your part and spend some too to help the economy grow and get it adopted by businesses. The only reason I have yet to spend any is that there is simply nothing I need at the moment that can be bought with BTC. Unfortunately my local grocer hasn't caught on yet  

"Hoarding" gives it a negative tone in terms of saving unless you really are just stuffing every BTC you earn into a paper wallet assuming they will have a much larger fiat value someday, as if they are real gold. What is wrong with having a savings account? Usually that is encourage by financial institutions and financial people...

....tilling your own grave tmbp

There is some definite stockholm syndrome going on. Over on their forums I was attacked several times for calling out a simple fact that their customer service time was unacceptable (weeks? for a company with millions of dollars how can that be). The acolytes descended harshly to defend their masters, despite another simple fact they have not delivered on the new BitForce line for over a year.

It astounded me people would defend them so with a mountain of evidence that they are a company comprised of actual, convicted scammers and amateurs. And in Josh's case, just assholes.

Go check out the mining forums and see how many just blindly send their money to obvious scams....

Gox is a joke, at present velocity into the ground they won't be around much longer after Homeland is done with them for not following trade rules, as well as the other lawsuit against them for $75 mill. The bunch of sweaty amateurs running this thing have no idea what they are doing.

...no

LTC is the original son of Bitcoin and is fundamentally different to fill a void where faster transactions are needed. Eventually BTC will only be useful for transferring large amounts of money around, LTC fills the need for a faster coin for micro-transactions.

Similar to the way you wouldn't go buy a t-shirt with a physical gold bar. You would need something in a smaller denomination, like silver.

The Altcoins are for the most part a bunch of cheap experimental clones that are more or less meritless as a currency, though are serving to move the mass speculation and price jacking away from BTC and LTC into that secondary market, so the more the merrier.

Or perhaps, Bitcoin is not compatible to gold, or fiat, because Bitcoin is a new class of its own. Really it isn't as it does not work in any way like the currencies preceded it beyond the analogs of physical gold mining built into it and the ability to spend it for goods and services as a bartering medium.

Barter>Metal>Fiat>Crypto

In of itself it is a trivial detail really, I just thought it was kind of odd for a business to actively promote their web dev. It makes me wonder a little if there is more connection there than a simple hired design team, especially as it is attached to other things from Fahad Koumaiha