Bitcoin Forum
December 17, 2017, 10:02:30 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
  Print  
Author Topic: Cyprus money confiscation  (Read 1657 times)
Schnizeer
Newbie
*
Offline Offline

Activity: 20


View Profile
March 17, 2013, 10:24:21 PM
 #21

I know about it now and am attempting to find more info.  My grandmothers have been dead for 20 years, maybe you meant my grandchildren.  Bitcoin believers need to embrace potential adopters or it will fail.  Psy is a moderator, should be concerned about content.  I dont see any use in his contribution.

“No man's life, liberty, or property are safe while the legislature is in session.”
― Mark Twain
1513548150
Hero Member
*
Offline Offline

Posts: 1513548150

View Profile Personal Message (Offline)

Ignore
1513548150
Reply with quote  #2

1513548150
Report to moderator
1513548150
Hero Member
*
Offline Offline

Posts: 1513548150

View Profile Personal Message (Offline)

Ignore
1513548150
Reply with quote  #2

1513548150
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
wachtwoord
Legendary
*
Offline Offline

Activity: 1638


View Profile
March 17, 2013, 10:29:46 PM
 #22

Welcome!

Give everyone that had a deposit under the 100,000 their 6.75% back in bitcoin.  It would force them to learn how to use it and merchants would have an incentive to accept it.  You can instantly have an island of 1,000,000 people as a test bed.  The PR and news generated could be huge.

Not going to happen. 6.75% of under the 100,000 is like 3-4 billion Euro while Bitcoin market cap is half a billion at the moment. Also Bitcoin is real money, nobody is going to bail-out or bail-in anyone. Nobody will sell you much of Bitcoin for credit cards or paypal. One will have to provide something of value to get Bitcoins. TANSTAAFL those who keep their money in a bank deserve what they get, unfortunately, just as every nation deserves their government.


Yes this is my first post. But I whole-heartily disagree with what I marked red.
The only money and it is proven for thousands of years are gold and silver. While I am fan of bitcoin I would definitely not call them real money as they depend heavily on one thing. Internet. With government trying to implement various kill switches for net I wonder how that will affect electronic currency. While I mine like crazy as I like the idea dont even think that bitcoin will be exempt when govt will want to get their piece of cake, usually for PR purposes called "tax".
 

Bitcoin better serves the function of money than gold and silver. For example it is better divisible and more scarce (Gold will inflate forever).
Schnizeer
Newbie
*
Offline Offline

Activity: 20


View Profile
March 17, 2013, 11:23:50 PM
 #23

 To psy
 Huh

“No man's life, liberty, or property are safe while the legislature is in session.”
― Mark Twain
MiracleRiver
Newbie
*
Offline Offline

Activity: 23


View Profile
March 17, 2013, 11:32:10 PM
 #24

I think this post proves why us newbies are quarantined here in this sub-forum before we are allowed to chat with the big-boys :-)
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!