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Author Topic: Some timely advice  (Read 2258 times)
goodlord666
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October 08, 2012, 11:39:26 PM
 #21

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Remember, "If it sounds too good to be true, it probably isn't."

Was that a Freudian slip?


finkleshnorts
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October 09, 2012, 01:30:53 AM
 #22

Hmm... I'm so glad I have all of my bitcoins "under a matress"  right now. In times like these, I really do wonder about the future of bitcoin. When people ask me "what can you buy with bitcoins?", I'm not really sure what to say anymore, because I don't really trust anyone enough to buy anything with bitcoins. I'd rather buy items with paypal, and sell items for bitcoin. And I will settle for selling items for paypal.

Has the bootstrapping of the bitcoin economy hit an insurmountable wall?

Oh come on! There is tons of stuff you can use it for where you instantly get your product. The only problem is with sites that hold huge amounts in escrow.

Good point. I guess it's not really buying goods that worries me, it's the storing/trusting part.
Bitcoin Oz
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October 09, 2012, 01:38:02 AM
 #23

Hmm... I'm so glad I have all of my bitcoins "under a matress"  right now. In times like these, I really do wonder about the future of bitcoin. When people ask me "what can you buy with bitcoins?", I'm not really sure what to say anymore, because I don't really trust anyone enough to buy anything with bitcoins. I'd rather buy items with paypal, and sell items for bitcoin. And I will settle for selling items for paypal.

Has the bootstrapping of the bitcoin economy hit an insurmountable wall?


How much value will bitcoin have if everyone stuffs them in the mattress ?


finkleshnorts
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October 09, 2012, 02:10:43 AM
 #24

How much value will bitcoin have if everyone stuffs them in the mattress ?

How much value will bitcoin have if you can't otherwise keep them out of the hands of thieves?
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October 09, 2012, 05:17:56 AM
 #25


How much value will bitcoin have if everyone stuffs them in the mattress ?




In comparison to what?
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