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Author Topic: The one thing cash can do that bitcoin cant.....  (Read 2715 times)
Anonymous
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October 01, 2010, 04:23:42 AM
 #1

You cant roll a bitcoin up and snort cocaine ....

 Cheesy
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October 01, 2010, 06:00:38 AM
 #2

You cant roll a bitcoin up and snort cocaine ....

 Cheesy

Also, you can't pay a lady by stuffing a Bitcoin between her breasts
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October 01, 2010, 07:29:51 AM
 #3

We will have to solve these problems if bitcoin is to be accepted widely.

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October 01, 2010, 08:22:29 AM
 #4

Just print your printed bitcoins on nice looking paper?

http://bitcointalk.org/index.php?topic=737.0
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October 01, 2010, 04:55:29 PM
 #5

Just print your printed bitcoins on nice looking paper?

http://bitcointalk.org/index.php?topic=737.0


Hmm.. I just thought of...

You could steal bitcoin by copying them and then spending them. However, if the owner spend it first, you're out of luck.

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October 01, 2010, 06:40:55 PM
 #6

Just print your printed bitcoins on nice looking paper?

http://bitcointalk.org/index.php?topic=737.0


Hmm.. I just thought of...

You could steal bitcoin by copying them and then spending them. However, if the owner spend it first, you're out of luck.

And therein lies the problem with printing bitcoins.

"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'
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October 01, 2010, 07:00:44 PM
 #7

Just print your printed bitcoins on nice looking paper?

http://bitcointalk.org/index.php?topic=737.0


Hmm.. I just thought of...

You could steal bitcoin by copying them and then spending them. However, if the owner spend it first, you're out of luck.

And therein lies the problem with printing bitcoins.

The flip side is that the counterfeiter/thief? cannot inflate the economy with bitcoin cash copies.

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October 01, 2010, 07:34:01 PM
 #8

Just print your printed bitcoins on nice looking paper?

http://bitcointalk.org/index.php?topic=737.0


Hmm.. I just thought of...

You could steal bitcoin by copying them and then spending them. However, if the owner spend it first, you're out of luck.

And therein lies the problem with printing bitcoins.

The flip side is that the counterfeiter/thief? cannot inflate the economy with bitcoin cash copies.

Yes, which is good for the system, but not for the widespread acceptablility of a printed bitcoin.  I doubt, seriously, that any form of printed bitcoin transfer will be possible without some kind of trusted financial third party involved, such as a bank.  In which case, there is no point in changing the current nature of bank checks, just change the currency that they are denominated in.

Creighton

"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'
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October 01, 2010, 09:06:56 PM
 #9

Yes, which is good for the system, but not for the widespread acceptablility of a printed bitcoin.  I doubt, seriously, that any form of printed bitcoin transfer will be possible without some kind of trusted financial third party involved, such as a bank.  In which case, there is no point in changing the current nature of bank checks, just change the currency that they are denominated in.

Printed bitcoins have two nice advantages over bank checks. The recipient can verify them instantly and you don't have to pay for a big costly bank organization.
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October 01, 2010, 11:08:15 PM
 #10

Yes, which is good for the system, but not for the widespread acceptablility of a printed bitcoin.  I doubt, seriously, that any form of printed bitcoin transfer will be possible without some kind of trusted financial third party involved, such as a bank.  In which case, there is no point in changing the current nature of bank checks, just change the currency that they are denominated in.

Printed bitcoins have two nice advantages over bank checks. The recipient can verify them instantly and you don't have to pay for a big costly bank organization.


The disadvantages being that the recipient *must* transfer them immediately in order to limit the risks that the person who gave it to them doesn't attempt to double spend, which is only one of the major reasons that big costly bank organizations exist.  Bitcoin doesn't change the advantages of having a trusted third party, it simply removes that as a requirement to exchange online.

"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'
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July 18, 2015, 05:46:59 PM
 #11

Sharpen them and use them as shuriken!
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July 18, 2015, 05:48:28 PM
 #12

We will have to solve these problems if bitcoin is to be accepted widely.

Yes.  Snorting cocaine with bitcoin and tripping a hooker between her breasts are major problems that must be addressed!

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July 18, 2015, 06:58:51 PM
 #13

You cant roll a bitcoin up and snort cocaine ....

 Cheesy

Also, you can't pay a lady by stuffing a Bitcoin between her breasts

Can't make it rain either  Sad


"It’s play money in the virtual casino; everybody else is trying to outguess each other. Bitcoin has turned into a very large [Chinese operated] multiplayer online game in which everybody is trying to out speculate each other."
BTC: 12qRSbk8gFJd8dXVtNcTk63SVbvKL5wuSJ
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July 18, 2015, 09:19:47 PM
 #14

wow this one old thread back when guest could still post,

We will have to solve these problems if bitcoin is to be accepted widely.

Yes.  Snorting cocaine with bitcoin and tripping a hooker between her breasts are major problems that must be addressed!

Oh god what a perfect sample for the things you could do with cash, there was a documentary about how you could find traces of cocaine in most 100 and 1  dollar bills.

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July 18, 2015, 09:52:49 PM
 #15

Sharpen them and use them as shuriken!

My question is, why sign up and simply take this thread out of graveyard? Cheesy

Funny thread tho. Those problems have been addressed as far as we've been seeing!

 

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July 18, 2015, 09:56:31 PM
 #16

Paper money will burn and in a pinch can be used to help build a fire.


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I AM A SCAMMER


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July 18, 2015, 10:00:48 PM
 #17

wow this one old thread back when guest could still post,

Was guest posting ever allowed or those are users who deleted their profile (may be profile deletion was allowed then) ?

I AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMER
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July 18, 2015, 10:11:50 PM
 #18

Paper money will burn and in a pinch can be used to help build a fire.



You can use paper money when there's no electricity supply available.

Some countries have very old power stations and not enough under construction to replace them. They are getting dangerously close to the point where they won't be able to generate enough electricity to meet peak demand. If that happens there will be power cuts during which it will be impossible to use Bitcoin, or any other electronic payment method. During such times cash will be king.
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July 18, 2015, 10:17:06 PM
 #19

You cant roll a bitcoin up and snort cocaine ....

 Cheesy

Also, you can't pay a lady by stuffing a Bitcoin between her breasts

Can't make it rain either  Sad


McBride is the best! I remember this series. "And the screen goes black." Classic. Now will have to go watch it. Planted a seed in my brain, time to laugh.
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July 18, 2015, 10:26:25 PM
 #20

You cant use it as wallpaper or toilet paper.

You can't burn it to heat your house, though you could mine bitcoins to do that.

Buy bitcoins with cash from somebody near you: LocalBitcoins
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