what is this thread about?
|
|
|
Mention these recent developments:
1) SwitchPoker.com and BC-Casino.com 2) Internet Archive (Wayback Machine) 3) OKPay (massive online payment system - popular in Russia/Europe)
Also, specifically related to Free Talk Live's audience, Ira of BTCinch.com will be speaking at Liberty Forum in New Hampshire.
Also, since being "declared dead" by the press about 1-2 months ago, Bitcoin has appreciated over 50%
Try to avoid any discussion of mining.
what about 4) FeedZeBirds
|
|
|
An NFC bitcoin payment system?
|
|
|
1 bitcoin or 100 bitcoin divided by .005?
1/0.005 = 200 100/0.005 = 20000
|
|
|
Sent 1BTC to the 1BTC1oo1J3MEt5SFj74ZBcF2Mk97Aah4ac address.
|
|
|
Some keeper quotes from the comments on Fred Wilson's blog sethgodin: Interesting that the media/government enjoys associating BitCoin with all the bad actors who have used it (drug deals, scam artists, etc.)
Every new communication/transaction technology is used by fringe actors early on, and the authorities love to highlight this, as if the technology causes the bad actions.
They rarely mention the current status quo as a similar threat to civil society--"American currency is the medium of choice for organized crime. In fact, drug deals use a lot of cash, we should ban it..."
fredwilson: yup. i think that use by the "bad guys" is a good signal that something is useful
|
|
|
http://www.avc.com/a_vc/2011/11/bitcoin.htmlFred Wilson is a very well known New York based venture capitalist. In this blog post he talks about bitcoin and the recent Wired article (The Rise and Fall of Bitcoin). It's very interesting to see this kind of interest. Some quotes below. (bolding is mine) So it seems to me and my colleagues at USV that an alternative currency with roots in peer to peer networks and based on an algorithm that is transparent to everyone is an idea whose time has come. The question remains if the Bitcoin algorithm or some other algorithm (possibly a derivative of the Bitcoin algorithm that deals with some of Bitcoin's weaknesses?) will ultimately win out. That's an important issue that has a lot to do with when this space becomes investable.
But Bitcoin or something else, I'm confident we'll see the emergence of currencies that are not controlled by nation states in my lifetime. Whether that is a good thing or not remains to be seen. I think it is, but there are significant ramifications that will result from the decoupling of currencies from governments. And one of them is an interesting investment opportunity that we hope to participate in.
|
|
|
Always good to see more services using bitcoin. Do Virtual Numbers work from outside the country?
Yes, all of our numbers, with the exception of Toll-Free numbers, are able to be dialed by anyone anywhere in the world. What about using the service as a recipient outside of the US. Will a virtual number forward the call to a non-US number? e.g. can a user in Europe get a US virtual number that will forward the calls to a phone number in Europe? Also, it might be better to also link to weusecoins.com or bitcoin.org in the "What are bitcoins?" section. The http://tradebitcoin.us/ didn't seem to be answering that question for a bitcoin newbie. good luck
|
|
|
I don't think Nefario frequents this forum much these days so he may not be aware of this thread. His profile on here says he's gone to https://bitcoin.org.uk/forums/Also looks like could be moving out of China and back to Europe at the moment. https://bitcoin.org.uk/forums/index.php?app=ccs&module=articles§ion=promote&post=2193Posted 06 November 2011 - 05:14 AM I'm flying back to Ireland later today so I'll be in communication limbo with everything regarding GLBSE for a couple of days. I'll only be in Ireland for about a week until I move to Manchester, which will become my new base of operations.
Nefario.
|
|
|
Completed the 3 steps.
Username: k
14FzYsC7KCA9CtjBHKjNgLdkoHncwCSHmT
thanks
|
|
|
After a bit more googling I found this paper by Ian Grigg http://iang.org/papers/triple_entry.html which appears to be the "triple entry accounting" that is most like the bitcoin system. Abstract: The digitally signed receipt, an innovation from financial cryptography, presents a challenge to classical double entry bookkeeping. Rather than compete, the two melded together form a stronger system. Expanding the usage of accounting into the wider domain of digital cash gives 3 local entries for each of 3 roles, the result of which I call triple entry accounting.
This system creates bullet proof accounting systems for aggressive uses and users. It not only lowers costs by delivering reliable and supported accounting, it makes much stronger governance possible in a way that positively impacts on the future needs of corporate and public accounting. Maybe something like "public ledger accounting" or "distributed multiple entry accounting" might be better, as there are more than 3 parties in the block chain and it would avoid the confusing with the other definition of "triple entry bookkeeping" which has something to do with the momentum or change in revenues.
|
|
|
I've seen the term triple entry accounting mentioned with regards to bitcoin before and I would guess that the term has something to do with the way all transactions are recored in the blockchain (public ledger) but when I googled "triple entry accounting", the top links seem to refer to something different. http://en.wikipedia.org/wiki/Momentum_accounting_and_triple-entry_bookkeeping In momentum accounting, changes in balances are the recognized events. For example, an acceleration in revenue earning, such as a $1,000 per period increase of revenues from $10,000 per month to $11,000 per month, is a recordable event that would require three entries to implement. Is there another recognised definition of triple entry accounting that I'm missing?
|
|
|
@bulanula you sound like a sore loser. No one lost any money so no scam. At worst you lost some time but you didn't have to participate if you didn't want to. it was just a bit of fun.
@bitfoo well done again. I didn't find that soundcloud clip. I did a similar google search but missed out the "cloudy mind" part so that's where I got stuck.
@GoWest thanks for the game. enjoyed it.
|
|
|
|