stuff heard at bitcoin2013

[pitchbend]

Being that using bitcoins is actually illegal in china, its a valid concern.

Who says  that? the regulation ONLY refers to centralized game currencys issued by game companies. Not a single mention of Bitcoin or any other decentralized digital commodity...

"The rules also provide, for the first time, a definition of virtual currency in China (in Chinese here): It includes prepaid game cards, game currencies and game points, while tools and weapons used to play games online are not included."

"Virtual currency is to be used only to purchase other goods or services from the company that issued the virtual money[...]"

[axus]

China doesn't really have "Rule of Law".  Government can crack down when it wants to crack down, or change it's mind and push a positive Bitcoin story on it's evening news.

Being that using bitcoins is actually illegal in china, its a valid concern.

Proof?

it's been discussed on other parts of the forum. Also easily searchable on the internet.

http://blogs.wsj.com/chinarealtime/2009/06/29/china-cracks-down-on-virtual-currency-for-real/

I don't think its enforced much. But hey its china who knows what they can do overnight. People forget its not a democracy.

[Matthew N. Wright]

Did anyone at the conference say "Buttcoins"?

[minternj]

http://www.youtube.com/watch?v=HaZPnHCHnNQ

Found this on youtube if you want to listen to what Yifu said .. unfortunately.. only part 1 of 3 was posted.

Acutally part 2/3 and 3/3 are posted too now

http://www.youtube.com/watch?v=SyTN1rDizCE
http://www.youtube.com/watch?v=uPVttJZfKWk

thanks.

[minternj]

China doesn't really have "Rule of Law".  Government can crack down when it wants to crack down, or change it's mind and push a positive Bitcoin story on it's evening news.

Being that using bitcoins is actually illegal in china, its a valid concern.

Proof?

it's been discussed on other parts of the forum. Also easily searchable on the internet.

http://blogs.wsj.com/chinarealtime/2009/06/29/china-cracks-down-on-virtual-currency-for-real/

I don't think its enforced much. But hey its china who knows what they can do overnight. People forget its not a democracy.

Totally agree , just pointing out they need to be more careful there since there is a precedent for virtual curerenc rules. I can see them banning it overnight, and unlike here in theUS they wont need to run it through congress and whatnot

Yifu talks about this briefly in  video 2 around the 8 min mark.

[dogie]

China doesn't really have "Rule of Law".  Government can crack down when it wants to crack down, or change it's mind and push a positive Bitcoin story on it's evening news.

Being that using bitcoins is actually illegal in china, its a valid concern.

Proof?

it's been discussed on other parts of the forum. Also easily searchable on the internet.

http://blogs.wsj.com/chinarealtime/2009/06/29/china-cracks-down-on-virtual-currency-for-real/

I don't think its enforced much. But hey its china who knows what they can do overnight. People forget its not a democracy.

Totally agree , just pointing out they need to be more careful there since there is a precedent for virtual curerenc rules. I can see them banning it overnight, and unlike here in theUS they wont need to run it through congress and whatnot

Yifu talks about this briefly in  video 2 around the 8 min mark.

That wouldn't be too hard in the US. Just say something like "Bitcoins blah blah links with terrorism blah blah DEY TRYIN TO TAKE OUR GUNS" blah blah

[Bitcoinorama]

China doesn't really have "Rule of Law".  Government can crack down when it wants to crack down, or change it's mind and push a positive Bitcoin story on it's evening news.

Being that using bitcoins is actually illegal in china, its a valid concern.

Proof?

it's been discussed on other parts of the forum. Also easily searchable on the internet.

http://blogs.wsj.com/chinarealtime/2009/06/29/china-cracks-down-on-virtual-currency-for-real/

I don't think its enforced much. But hey its china who knows what they can do overnight. People forget its not a democracy.

Totally agree , just pointing out they need to be more careful there since there is a precedent for virtual curerenc rules. I can see them banning it overnight, and unlike here in theUS they wont need to run it through congress and whatnot

Yifu talks about this briefly in  video 2 around the 8 min mark.

That wouldn't be too hard in the US. Just say something like "Bitcoins blah blah links with terrorism blah blah DEY TRYIN TO TAKE OUR GUNS" blah blah

Doubt they could get away with that, the US Dollar has greater links with terrorism than any other currency. I'm not taking a swipe. That's genuinely an undeniable provable fact.

[Chuck Finley]

Agreed.  Seems crazy to put a "new" product up for pre-order at this point.

If you can get people to pay millions to wait for over a year for a product that doesn't exist and may never come I'd think it would be crazy NOT to start the cycle all over again.

"Hey I might be able to buy a money printing machine and get rich quick?"

https://i.imgur.com/l2Qs0to.gif

[Bitcoinorama]

So, did anyone video Josh's talk? Surely someone would have.

[CoinHoarder]

So, did anyone video Josh's talk? Surely someone would have.

He didn't have an organized speech as far as I'm aware, BFL only had a booth with Bitpay. They weren't even listed in the Booth list, only Bitpay was.. I guess Bitpay payed the bill.

[Theraty]

http://www.youtube.com/watch?v=HaZPnHCHnNQ

Found this on youtube if you want to listen to what Yifu said .. unfortunately.. only part 1 of 3 was posted.

Thanks for the link

[Bitcoinorama]

So, did anyone video Josh's talk? Surely someone would have.

He didn't have an organized speech as far as I'm aware, BFL only had a booth with Bitpay. They weren't even listed in the Booth list, only Bitpay was.. I guess Bitpay payed the bill.

He looked stressed, understandably, but it was a golden opportunity to have him in person explain what's currently happening. I'm actually surprised he took the time out to attend.

[nagnagnag2]

BFL only had a booth with Bitpay. They weren't even listed in the Booth list, only Bitpay was..

BFL Inc cannot afford to attend to the conference. Check.

Inaba is using his personal account to bet for advertising on this site for BFL Inc. Check.

[minternj]

That wouldn't be too hard in the US. Just say something like "Bitcoins blah blah links with terrorism blah blah DEY TRYIN TO TAKE OUR GUNS" blah blah

True it could be banned under some existing law. Guess thats why bitcoin foundation wants to send lobbyists to Washington huh?

[niner]

http://www.youtube.com/watch?v=HaZPnHCHnNQ

Found this on youtube if you want to listen to what Yifu said .. unfortunately.. only part 1 of 3 was posted.

Thanks for the link

There are some much better quality vids here ...  https://www.youtube.com/channel/UCBxY0rl6-vpVNaZLvRDAx2A
including Yifu's entire talk ... https://www.youtube.com/watch?v=LY1xgGiejIc