GoldMoney [FB post]: James Turk in conversation with Félix Moreno de la Cova

[molecular]

In a victoryIndependence interview, Trace Meyer argues the tangibility of bitcoin referencing the James Turk interview this thread is about:

http://www.youtube.com/watch?feature=player_detailpage&v=YHVVi7M4jbo#t=779s

what's "kerebral"?  does he mean "cerebral"?  

I re-listened. Although he seems to say something like: "coreporal", I think he means "corporeal" as in "having a touchable physical body"

i think he means "cerebral".  http://www.thefreedictionary.com/cerebral

If you're talking about this part:

I don't think that it's a prerequisite for something to be coreporal in order for it to be tangible.

then I think "corporeal" makes more sense than "cerebral" in that context, no?

[1713540746]

1713540746

[cypherdoc]

In a victoryIndependence interview, Trace Meyer argues the tangibility of bitcoin referencing the James Turk interview this thread is about:

http://www.youtube.com/watch?feature=player_detailpage&v=YHVVi7M4jbo#t=779s

what's "kerebral"?  does he mean "cerebral"?  

I re-listened. Although he seems to say something like: "coreporal", I think he means "corporeal" as in "having a touchable physical body"

i think he means "cerebral".  http://www.thefreedictionary.com/cerebral

If you're talking about this part:

I don't think that it's a prerequisite for something to be coreporal in order for it to be tangible.

then I think "corporeal" makes more sense than "cerebral" in that context, no?

lol.  i think cerebral makes more sense as in "of the mind". 

[420]

In a victoryIndependence interview, Trace Meyer argues the tangibility of bitcoin referencing the James Turk interview this thread is about:

http://www.youtube.com/watch?feature=player_detailpage&v=YHVVi7M4jbo#t=779s

thanks I have added to the list of interviews discussing bitcoin:
https://bitcointalk.org/index.php?topic=113361.0

[molecular]

In a victoryIndependence interview, Trace Meyer argues the tangibility of bitcoin referencing the James Turk interview this thread is about:

http://www.youtube.com/watch?feature=player_detailpage&v=YHVVi7M4jbo#t=779s

what's "kerebral"?  does he mean "cerebral"?  

I re-listened. Although he seems to say something like: "coreporal", I think he means "corporeal" as in "having a touchable physical body"

i think he means "cerebral".  http://www.thefreedictionary.com/cerebral

If you're talking about this part:

I don't think that it's a prerequisite for something to be coreporal in order for it to be tangible.

then I think "corporeal" makes more sense than "cerebral" in that context, no?

lol.  i think cerebral makes more sense as in "of the mind". 

lol. Well, he's arguing that bitcoins are tangible although they don't have a physical body. While I agree that being cerebral is not a prerequisite for tangibility, I think in this case he's arguing that being corporeal isn't a prerequisite for tangibility.

In case you think something that doesn't have a physical body cannot be tangible (which would explain why you think it should be "cerebral"), then you might want to listen again to the argument, because that's exactly the view he's trying to show to be inadequate in the case of Bitcoin.

Bitcoins are tangible

[marcus_of_augustus]

He is saying corporeal with that accent (southern?) of his ... he's already outlined some of these ideas in other places ... it's out there.

http://www.runtogold.com/2012/11/why-bitcoin-is-tangible-digging-into-the-guts-of-bitcoin/

[hazek]

He is saying corporeal with that accent of his ... he's already outlined some of these ideas in other places ... it's out there.

http://www.runtogold.com/2012/11/why-bitcoin-is-tangible-digging-into-the-guts-of-bitcoin/

Yep. Corporeal.

[Dusty]

I just received the annual Survey of GoldMoney where the usual things are asked (what can we improve, how much would you recommend us, etc), and guess what? There are some specific questions about Bitcoin:

12. How much are you interested in using Bitcoins for online transactions?

13. Please specify below which Bitcoin functionality you would like to use:
* Use Bitcoin to buy precious metals with GoldMoney
* Use GoldMoney to store Bitcoins in a secure wallet
* Other

(I note that the option "Use precious metals to buy bitcoins" is missing from the choices, though)

This means Bitcoin is very seriously being evaluated by them.

[Dusty]

It seems that the survey is public, so if someone wants to give his opinion on the matter:

https://www.research.net/s/goldmoney-survey-2013

[tvbcof]

I just received the annual Survey of GoldMoney where the usual things are asked (what can we improve, how much would you recommend us, etc), and guess what? There are some specific questions about Bitcoin:

12. How much are you interested in using Bitcoins for online transactions?

13. Please specify below which Bitcoin functionality you would like to use:
* Use Bitcoin to buy precious metals with GoldMoney
* Use GoldMoney to store Bitcoins in a secure wallet
* Other

(I note that the option "Use precious metals to buy bitcoins" is missing from the choices, though)

This means Bitcoin is very seriously being evaluated by them.

Turk finally got it through his skull how similar and complementary to PMs Bitcoin is?  Sunnakar's doing?  No matter...hurry anyway.

[molecular]

It seems that the survey is public, so if someone wants to give his opinion on the matter:

https://www.research.net/s/goldmoney-survey-2013

I did fill out the survey. I suggested they talk to Trace Meyer and pointed them to his article about bitcoin tangibility: http://www.runtogold.com/2012/11/why-bitcoin-is-tangible-digging-into-the-guts-of-bitcoin/

[flix]

It seems that the survey is public, so if someone wants to give his opinion on the matter:

https://www.research.net/s/goldmoney-survey-2013

Interesting... It seems that GoldMoney is at least open to the idea, given enough demand...

[Mjbmonetarymetals]

http://www.runtogold.com/2013/01/goldmoney-mulls-bitcoin-integration-why-your-gold-is-not-safe-there/?awt_l=7N7a.&awt_m=IhcKX3mAUbfdxm

[World]

I did fill out the survey too.It's an interesting idea.

[World]

competition 
https://twitter.com/TheRealAssetCo/status/289408911981826049

[sunnankar]

competition 
https://twitter.com/TheRealAssetCo/status/289408911981826049

That is one way for a scrappy upstart to take market share! 

[420]

This is very exciting and good news

[Trader Steve]

Somehow I'm not too excited about trading bitcoin that is in my possession for gold that is in some vault somewhere...

[cypherdoc]

Somehow I'm not too excited about trading bitcoin that is in my possession for gold that is in some vault somewhere...

you're coming around 

[molecular]

Somehow I'm not too excited about trading bitcoin that is in my possession for gold that is in some vault somewhere...

That's not why we're excited (at least not why I am). I'm excited about this because it means a lot of gold bugs will evaluate bitcoin. They might put a percentage of their wealth into it or use it to transfer wealth across country boarders.

[sunnankar]

I'm excited about this because it means a lot of gold bugs will evaluate bitcoin. They might put a percentage of their wealth into it or use it to transfer wealth across country boarders.

Well, $2,2B of bullion in the vault means that if .5% were allocated to bitcoins then it would amount to $11M. I wonder what $11M would do to the MtGox order book; particularly since prices are set at the margin.