If we could get these chains to consider Bitcoin...

MoonShadow (OP)

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If we could get these chains to consider Bitcoin...

May 27, 2011, 09:10:22 PM

#1

http://reason.com/archives/2011/05/26/dollar-store-nation

Then either Wal-Mart would be jumping in within a month, or the government would be jump on them within a month.

For that matter, a Bitcoin article in Reason would be epic!

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'

bittrader

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Re: If we could get these chains to consider Bitcoin...

May 28, 2011, 01:32:27 AM

#2

Related to this: we need more effective ways to accept bitcoins for in-person, point-of-sale transactions.

abyssobenthonic

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Re: If we could get these chains to consider Bitcoin...

May 28, 2011, 08:03:56 AM

#3

Quote from: creighto on May 27, 2011, 09:10:22 PM

http://reason.com/archives/2011/05/26/dollar-store-nation

Then either Wal-Mart would be jumping in within a month, or the government would be jump on them within a month.

For that matter, a Bitcoin article in Reason would be epic!

The only mention is this Hit & Run entry. Would not be surprised to see a mention in print at some point.

(Reason does run pieces not by their staffers... perhaps a bounty (disclosed within the piece, of course) for someone who writes an article on Bitcoin that gets published there?)

On Wal-Mart, a vigorous market in exchanging BTC for gift cards is probably the best bet (and the most reliable cash-in/cash-out method for bitcoin: the feds are not going to tell Wal-Mart to stop offering gift cards or adhering to KYC as it will inconvenience far too many voters. It's easy to go after folks who wire money overseas or who send a ton domestically via WU or whatever, but cracking down on retailer gift cards?)