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Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 508345 times)
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June 25, 2016, 09:20:49 PM
 #3321

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected. The point remains that Bitcoin facilitates loss in a way that no other payment system does and has no insurance or fraud protection covering it. I was one of the lucky ones that made money when you could mine with a gpu at almost no cost other than electricity. From now on, people will need to put their own money in to it and they will only make money if they live long enough to see an enormous increase in the exchange rate. It's a gamble that may pay off but it's high risk.

There are many secure investments that pay 10-20% a year. If you start today with $10,000 and average 20% a year for 20 years, you'll have over $380,000. Add $2,000 a year to the pot, and you'll wind up with $756,751 after 20 years. Granted, 20% a year is not super easy to achieve. But even if you only make 10% a year, you're still going to become very wealthy over the long term. People are getting scammed or throwing their money at gambling bitcoins because the return isn't happening fast enough for them. They should simply try a stable long term investment.

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June 25, 2016, 09:38:06 PM
 #3322

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected. The point remains that Bitcoin facilitates loss in a way that no other payment system does and has no insurance or fraud protection covering it. I was one of the lucky ones that made money when you could mine with a gpu at almost no cost other than electricity. From now on, people will need to put their own money in to it and they will only make money if they live long enough to see an enormous increase in the exchange rate. It's a gamble that may pay off but it's high risk.

There are many secure investments that pay 10-20% a year. If you start today with $10,000 and average 20% a year for 20 years, you'll have over $380,000. Add $2,000 a year to the pot, and you'll wind up with $756,751 after 20 years. Granted, 20% a year is not super easy to achieve. But even if you only make 10% a year, you're still going to become very wealthy over the long term. People are getting scammed or throwing their money at gambling bitcoins because the return isn't happening fast enough for them. They should simply try a stable long term investment.

Yeah, right...

Name some of these "for sure 10%" a year risk-free investments? 

Index funds are amongst the most stable long term investments, and mine only earned on average a bit over 5% over the past 15 years, and sure maybe there could have been ways to apportion them better for greater gains, but to securely earn 10%, I doubt it.

On the other hand, bitcoin seems to be a fairly decent bet... sure it may not be completely secure (well, we know that it is not), but gaining more than 5% per year seems to be very likely, and possibly even more likely to outperform traditional stock index funds in the next 20 years... Sure there is some gamble, and maybe even some need to be interactive with bitcoin and dollar cost averaging or even big swing trading may help to enhance a bitcoin portfolio's performance in the upcoming 20 years.
 

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June 25, 2016, 09:54:17 PM
 #3323

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected. The point remains that Bitcoin facilitates loss in a way that no other payment system does and has no insurance or fraud protection covering it. I was one of the lucky ones that made money when you could mine with a gpu at almost no cost other than electricity. From now on, people will need to put their own money in to it and they will only make money if they live long enough to see an enormous increase in the exchange rate. It's a gamble that may pay off but it's high risk.

There are many secure investments that pay 10-20% a year. If you start today with $10,000 and average 20% a year for 20 years, you'll have over $380,000. Add $2,000 a year to the pot, and you'll wind up with $756,751 after 20 years. Granted, 20% a year is not super easy to achieve. But even if you only make 10% a year, you're still going to become very wealthy over the long term. People are getting scammed or throwing their money at gambling bitcoins because the return isn't happening fast enough for them. They should simply try a stable long term investment.

Yeah, right...

Name some of these "for sure 10%" a year risk-free investments? 

Index funds are amongst the most stable long term investments, and mine only earned on average a bit over 5% over the past 15 years, and sure maybe there could have been ways to apportion them better for greater gains, but to securely earn 10%, I doubt it.

On the other hand, bitcoin seems to be a fairly decent bet... sure it may not be completely secure (well, we know that it is not), but gaining more than 5% per year seems to be very likely, and possibly even more likely to outperform traditional stock index funds in the next 20 years... Sure there is some gamble, and maybe even some need to be interactive with bitcoin and dollar cost averaging or even big swing trading may help to enhance a bitcoin portfolio's performance in the upcoming 20 years.
 

There are 10-12% return investments that aren't hard to find. I've averaged 14% a year on a WSIB Real Estate Investment Trust. The problem is you need investment money and the knowledge to know what's right for you.

That's hard to do if you think a good job is a signature campaign on bitcointalk.

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June 25, 2016, 10:15:19 PM
 #3324

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected.

What do you mean, corrected?

Just-Dice never needed correcting, and your post hasn't yet been corrected. I still don't understand why you would include the most reputable Bitcoin gambling site in a big list of scam sites.

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June 25, 2016, 10:34:32 PM
 #3325

1 BTC is still very possible for the average joe with some work, but the more you take, the worse it will be to get there, so get to work and do it quick.

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June 25, 2016, 11:03:34 PM
 #3326

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected. The point remains that Bitcoin facilitates loss in a way that no other payment system does and has no insurance or fraud protection covering it. I was one of the lucky ones that made money when you could mine with a gpu at almost no cost other than electricity. From now on, people will need to put their own money in to it and they will only make money if they live long enough to see an enormous increase in the exchange rate. It's a gamble that may pay off but it's high risk.

There are many secure investments that pay 10-20% a year. If you start today with $10,000 and average 20% a year for 20 years, you'll have over $380,000. Add $2,000 a year to the pot, and you'll wind up with $756,751 after 20 years. Granted, 20% a year is not super easy to achieve. But even if you only make 10% a year, you're still going to become very wealthy over the long term. People are getting scammed or throwing their money at gambling bitcoins because the return isn't happening fast enough for them. They should simply try a stable long term investment.

Yeah, right...

Name some of these "for sure 10%" a year risk-free investments? 

Index funds are amongst the most stable long term investments, and mine only earned on average a bit over 5% over the past 15 years, and sure maybe there could have been ways to apportion them better for greater gains, but to securely earn 10%, I doubt it.

On the other hand, bitcoin seems to be a fairly decent bet... sure it may not be completely secure (well, we know that it is not), but gaining more than 5% per year seems to be very likely, and possibly even more likely to outperform traditional stock index funds in the next 20 years... Sure there is some gamble, and maybe even some need to be interactive with bitcoin and dollar cost averaging or even big swing trading may help to enhance a bitcoin portfolio's performance in the upcoming 20 years.
 

There are 10-12% return investments that aren't hard to find. I've averaged 14% a year on a WSIB Real Estate Investment Trust. The problem is you need investment money and the knowledge to know what's right for you.

That's hard to do if you think a good job is a signature campaign on bitcointalk.



You are goofy and inclined towards unnecessary attempts at personal attacks.

You may have gotten lucky with your particular investment fund, but these supposedly safe investments that assuredly earn 10% or more per year are not easily in grasp for regular people... even if we are talking about fairly modest investments of $10k or $20k.

Yeah, your signature already shows that you are ideologically against signature campaigns for whatever reason, and I could give a ratt's ass about your opposition because I do not have a problem with them which I suppose is reflected in the fact that I started to participate in signature campaign activities in about October 2015.

I may have earned close to 1 bitcoin from my so far participation in signature campaigns, and my rationale for getting into signature campaigns was to add free BTC to my BTC holdings for activity that I already partake in.. so it really does not change my activity.  Also, before I began to participate in signature campaigns, I was not bothered by viewing the postings of other members with signatures, so therefore, I did not suffer through any kind of moral dilemma regarding whether I participate in such practice.

Anyhow, your problem with signature campaigns is your bug-a-boo, and likely you have troubles accepting other widespread practices too, though you still seem to enjoy participating in this forum that facilitates such signature campaign practices.  Go figure??  Roll Eyes

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June 25, 2016, 11:09:57 PM
 #3327

1 BTC is still very possible for the average joe with some work, but the more you take, the worse it will be to get there, so get to work and do it quick.

I think it depends how the flow and the way they use, if they are using a Groove and true path then to get 1 bTC will not experience bad things and will go well. Sign campaign indeed is very easy and can be done, after that putarkan funds from a campaign sign for trading.
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June 25, 2016, 11:20:28 PM
 #3328


It's still not too late to be an early adopter if you can afford a dozen BTC and you can HODL. 

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June 25, 2016, 11:30:14 PM
 #3329

Personally, I believe because of Britain leaving the EU and there currency being beaten I feel that BTC will gain more popularity.

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June 25, 2016, 11:31:13 PM
 #3330

Personally, I believe because of Britain leaving the EU and there currency being beaten I feel that BTC will gain more popularity.

That's just the beginning. 

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June 26, 2016, 12:11:00 AM
 #3331

Personally, I believe because of Britain leaving the EU and there currency being beaten I feel that BTC will gain more popularity.

That's just the beginning. 

Eh that may just be the beginning but the end is not much further also you really cant expect btc to go THAT far from just the British leaving the European union as a whole. That may bring it up like 5% tops... That really doesnt have that much affect on it.
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June 26, 2016, 04:01:04 AM
 #3332

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected. The point remains that Bitcoin facilitates loss in a way that no other payment system does and has no insurance or fraud protection covering it. I was one of the lucky ones that made money when you could mine with a gpu at almost no cost other than electricity. From now on, people will need to put their own money in to it and they will only make money if they live long enough to see an enormous increase in the exchange rate. It's a gamble that may pay off but it's high risk.

There are many secure investments that pay 10-20% a year. If you start today with $10,000 and average 20% a year for 20 years, you'll have over $380,000. Add $2,000 a year to the pot, and you'll wind up with $756,751 after 20 years. Granted, 20% a year is not super easy to achieve. But even if you only make 10% a year, you're still going to become very wealthy over the long term. People are getting scammed or throwing their money at gambling bitcoins because the return isn't happening fast enough for them. They should simply try a stable long term investment.

What you said has nothing to do with Bitcoin. If you invest your USD cash with a shady startup, you have no way to get it back neither. It's naive people making bad investment decisions, has nothing to do with Bitcoin. Bitcoin behaves just like USD cash in terms you never get it back if you lose it. Any "guarantee" or "security" of USD comes from a 3rd party service (banks/insurance companies)

If my post has been helpful, send me some love -> BTC: 1kokojUapmWqCqPw3Ch2rjcVh57tJEzka | PPC: PDyXAgA8eH47gokVW6zVZPSuu15aao5nZF | Bitshares: kokojie
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June 26, 2016, 04:20:25 AM
 #3333

What the heck is a signature campaign?

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Frihet: Ett väl beväpnat lamm opponerar sig mot omröstningen.  Freedom: A well armed lamb opposes the outcome.
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June 26, 2016, 05:17:11 AM
 #3334

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected. The point remains that Bitcoin facilitates loss in a way that no other payment system does and has no insurance or fraud protection covering it. I was one of the lucky ones that made money when you could mine with a gpu at almost no cost other than electricity. From now on, people will need to put their own money in to it and they will only make money if they live long enough to see an enormous increase in the exchange rate. It's a gamble that may pay off but it's high risk.

There are many secure investments that pay 10-20% a year. If you start today with $10,000 and average 20% a year for 20 years, you'll have over $380,000. Add $2,000 a year to the pot, and you'll wind up with $756,751 after 20 years. Granted, 20% a year is not super easy to achieve. But even if you only make 10% a year, you're still going to become very wealthy over the long term. People are getting scammed or throwing their money at gambling bitcoins because the return isn't happening fast enough for them. They should simply try a stable long term investment.

What you said has nothing to do with Bitcoin. If you invest your USD cash with a shady startup, you have no way to get it back neither. It's naive people making bad investment decisions, has nothing to do with Bitcoin. Bitcoin behaves just like USD cash in terms you never get it back if you lose it. Any "guarantee" or "security" of USD comes from a 3rd party service (banks/insurance companies)

I agree, the naive people are here claiming Bitcoin will hit $10,000 a coin in their lifetime when the exchange rate sat almost perfectly still for two years.

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June 26, 2016, 09:17:17 AM
 #3335

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected. The point remains that Bitcoin facilitates loss in a way that no other payment system does and has no insurance or fraud protection covering it. I was one of the lucky ones that made money when you could mine with a gpu at almost no cost other than electricity. From now on, people will need to put their own money in to it and they will only make money if they live long enough to see an enormous increase in the exchange rate. It's a gamble that may pay off but it's high risk.

There are many secure investments that pay 10-20% a year. If you start today with $10,000 and average 20% a year for 20 years, you'll have over $380,000. Add $2,000 a year to the pot, and you'll wind up with $756,751 after 20 years. Granted, 20% a year is not super easy to achieve. But even if you only make 10% a year, you're still going to become very wealthy over the long term. People are getting scammed or throwing their money at gambling bitcoins because the return isn't happening fast enough for them. They should simply try a stable long term investment.

What you said has nothing to do with Bitcoin. If you invest your USD cash with a shady startup, you have no way to get it back neither. It's naive people making bad investment decisions, has nothing to do with Bitcoin. Bitcoin behaves just like USD cash in terms you never get it back if you lose it. Any "guarantee" or "security" of USD comes from a 3rd party service (banks/insurance companies)

I agree, the naive people are here claiming Bitcoin will hit $10,000 a coin in their lifetime when the exchange rate sat almost perfectly still for two years.

It doesn't seem to be impossible. If we look at the money entering Bitcoin start ups and the true potential of Bitcoin, it definitely is possible that Bitcoin will appreciate in price in the future.

 

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June 26, 2016, 09:46:50 AM
 #3336

You're one of the ultra rare lucky ones. Talk to the thousands of people with money in Mt Gox, Bitinstant, ButterflyLabs, Gaw Miners, MyBitcoin, Pirates Ponzi, Bitcoinica, Bitscalper, Inputs.IO, Vicurex, Cryptorush, TradeHill, CryptoXChange, GBL, Just Dice, Bitcoin Rain, The Silk Road Seizure, Sheep Marketplace, BS&T, PicoStocks, Bitfloor, Basic Mining, Mintpal and many, many others.

Why is Just-Dice on that list of ponzis, scams, hacks, and thefts? Just-Dice took care of the over 60,000 BTC entrusted to it and returned it all when it shut down.

Ok, you found one that was corrected. The point remains that Bitcoin facilitates loss in a way that no other payment system does and has no insurance or fraud protection covering it. I was one of the lucky ones that made money when you could mine with a gpu at almost no cost other than electricity. From now on, people will need to put their own money in to it and they will only make money if they live long enough to see an enormous increase in the exchange rate. It's a gamble that may pay off but it's high risk.

There are many secure investments that pay 10-20% a year. If you start today with $10,000 and average 20% a year for 20 years, you'll have over $380,000. Add $2,000 a year to the pot, and you'll wind up with $756,751 after 20 years. Granted, 20% a year is not super easy to achieve. But even if you only make 10% a year, you're still going to become very wealthy over the long term. People are getting scammed or throwing their money at gambling bitcoins because the return isn't happening fast enough for them. They should simply try a stable long term investment.

What you said has nothing to do with Bitcoin. If you invest your USD cash with a shady startup, you have no way to get it back neither. It's naive people making bad investment decisions, has nothing to do with Bitcoin. Bitcoin behaves just like USD cash in terms you never get it back if you lose it. Any "guarantee" or "security" of USD comes from a 3rd party service (banks/insurance companies)

I agree, the naive people are here claiming Bitcoin will hit $10,000 a coin in their lifetime when the exchange rate sat almost perfectly still for two years.

It doesn't seem to be impossible. If we look at the money entering Bitcoin start ups and the true potential of Bitcoin, it definitely is possible that Bitcoin will appreciate in price in the future.

A lot of people here know barely anything about bitcoins which is 100% acceptable because this is a great place to START learning about bitcoins and if you really want to know more about bitcoins you should check out all of the sites on here because most of their "chatrooms" teach you very well how to learn about bitcoins, as long as you follow the chat rules you're good to go. make sure not to beg though that's just annoying.

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June 26, 2016, 09:50:29 AM
 #3337


I agree, the naive people are here claiming Bitcoin will hit $10,000 a coin in their lifetime when the exchange rate sat almost perfectly still for two years.

It's going way over $10,000.  Very very soon.

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June 26, 2016, 10:26:59 AM
 #3338

What the heck is a signature campaign?


The below linked thread updates with various active signature campaigns currently running on Bitcointalk.

https://bitcointalk.org/index.php?topic=615953.0

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June 26, 2016, 10:30:12 AM
 #3339


I agree, the naive people are here claiming Bitcoin will hit $10,000 a coin in their lifetime when the exchange rate sat almost perfectly still for two years.

It's going way over $10,000.  Very very soon.

I think this will have a big enough problem, because if the price of the bitcoin penetrate prices $ 10 k or above. Then this will have an impact on the security of the bitcoin may have vulnerabilities hackers. so we have to prepare the way for having no hacking
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June 26, 2016, 10:53:12 AM
 #3340

http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/

After reading this, the scale of black market and digital economies and the effect Bitcoin will have on them I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins. It's just so hard to believe. We are only in the beginning storms with these significant rallies from 10 to 20 dollars. I will not be surprised to see prices from hundreds to thousands in the coming months.

The world just isn't going to be the same and we have been blessed as the pioneers.

What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop?

Let`s hope that btc price will reach 10,000$ one day.

If the black market adopts bitcoins,the governments might decide to ban btc.

I don`t want to rely on black markets to make bitcoins popular.

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