The beginning of the end?

[Come-from-Beyond]

One cannot make Bitcoins out of thin air and the BTC is converted to USD before it is loaded onto the debit card. How could you create a fractional-reserve system with that? Please explain what you mean.

I'm talking about Bitcoincard. With unaccessible proprietary software inside the chip.

AFIAK the BTC i converted to USD and then loaded onto the card. Then the card holder can spend it anywhere like using a normal debit card.

If the card magically starts creating money after loading my BTC on it, I sure as hell want one. But that would screw the card issuer or BitInstant, not me.

I'm talking about OTHER card - https://bitcointalk.org/index.php?topic=115487.msg1245856#msg1245856

[Come-from-Beyond]

So tell me again how one makes Bitcoins out of thin air. Just to be clear, I'm talking about Bitcoins here, ones that can be exchanged via the block chain.

The blockchain becomes too big to be handled by usual PCs. In future we may need some special services that will prove that particular bitcoins are legit. Of coz the most trustful service will be provided by TBF. And it will gain ability to create faked bitcoins. As noone will be able to make reverse-engineering of Bitcoincard, then noone will be able to change the service used by such cards. A lot of room for manipulations here.

[Come-from-Beyond]

This isn't the debit card thing from bitinstant?

No.

[Yankee (BitInstant)]

So tell me again how one makes Bitcoins out of thin air. Just to be clear, I'm talking about Bitcoins here, ones that can be exchanged via the block chain.

The blockchain becomes too big to be handled by usual PCs. In future we may need some special services that will prove that particular bitcoins are legit. Of coz the most trustful service will be provided by TBF. And it will gain ability to create faked bitcoins. As noone will be able to make reverse-engineering of Bitcoincard, then noone will be able to change the service used by such cards. A lot of room for manipulations here.

Is that a joke? Do you really believe that? Do you understand the words that are coming out of your mouth?

Bitcoins cannot be faked, the Blockchain will reject them.

One cannot make Bitcoins out of thin air and the BTC is converted to USD before it is loaded onto the debit card. How could you create a fractional-reserve system with that? Please explain what you mean.

I'm talking about Bitcoincard. With unaccessible proprietary software inside the chip.

AFIAK the BTC i converted to USD and then loaded onto the card. Then the card holder can spend it anywhere like using a normal debit card.

If the card magically starts creating money after loading my BTC on it, I sure as hell want one. But that would screw the card issuer or BitInstant, not me.

I'm talking about OTHER card - https://bitcointalk.org/index.php?topic=115487.msg1245856#msg1245856

Your argument still has no bearing.

You also quoted 2 different cards in your original post.

This isn't the debit card thing from bitinstant?

No.

Yes, you are fooling people by quoting 2 different cards in your post.

If this is the Bitcoincard, why did you write about the BitInstant Paycard in your post?

C'mon answer me, I'm waiting for your arguments...

[Come-from-Beyond]

Actually, debate me!

Prove what you are saying, give me a factual argument or debate me like others have done.

Hard to debate when u don't provide information which is supposed to be transparent. I'm still waiting for the address which was used to pay MtGox's membership fee.

I'll talk to Peter and get this information to you asap.

Thank you in advance.

and from ur PM

Hello. I hope u didn't forget about me.

Of course not! Im talking to him now

Have some damn patience, we are working on it.

This will let owners of Bitcoincard (mentioned ppl) to "write" any amounts on the cards making bitcoins out of thin air.

Please provide evidence to back the highlighted allegations.  Seems like scaremongering to me.

I have no evidence, only suspicions. I will be happy if it's just scaremongering.

What you say its not physically possible

Waiting for you to debate me on these facts...hurry up.

Have some damn patience.

If seriously, I said that these is my suspicions. It's impossible now but will be possible in the future if TBF gets more influence.

[hazek]

Charlie.. don't feed the troll.  

[Come-from-Beyond]

Yes, you are fooling people by quoting 2 different cards in your post.

If this is the Bitcoincard, why did you write about the BitInstant Paycard in your post?

I didn't write about BitInstant card. It was a screenshot that let me link u with that particular Erik.

PS: Sorry, need to leave u right now. I hope tomorrow I'll get that address.