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Author Topic: 2013-05-13 Policymic- Could Bitcoin Destroy Government Control of Currency?  (Read 988 times)
BitChick (OP)
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May 13, 2013, 07:18:18 PM
 #1
Probably nothing new in this article, but it is at least positive and points out what many of us already know:


http://www.policymic.com/articles/41349/bitcoin-price-2013-could-bitcoin-destroy-government-control-of-currency/529083
1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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cypherdoc
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May 13, 2013, 08:14:28 PM
 #2
just goes to show you how many countries are looking into Bitcoin.

the first country to pull the trigger could likely become the next powerhouse in finance and industry.
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May 13, 2013, 11:56:13 PM
 #3
Good informative piece for the layman on the real issues at the root and bitcoin's potential role in the ongoing currency crises saga.

Well done Jeff Fong.
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May 14, 2013, 12:04:18 AM
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"Mercadolibre, Ebay's affiliate in Latin America, has begun supporting Bitcoin transactions, which is no small thing considering the site has 49 million registered users."

Good stuff.
Mike Christ
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May 14, 2013, 12:05:32 AM
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A good piece.  Some of the comments make me wanna kick a puppy, though.
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aigeezer
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May 14, 2013, 12:14:10 AM
 #6
Quote from: Mike Christ on May 14, 2013, 12:05:32 AM
A good piece.  Some of the comments make me wanna kick a puppy, though.

You mean like this insightful gem?...
   
"Robin Goodfellow
    7 hours ago

You don't actually take bitcoin seriously, do you? Monopoly money is more legitimate."

My working rule is never to underestimate the opposition, but sometimes they make it hard.     Smiley
Mike Christ
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May 14, 2013, 12:16:31 AM
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Quote from: aigeezer on May 14, 2013, 12:14:10 AM
You mean like this insightful gem?...
   
"Robin Goodfellow
    7 hours ago

You don't actually take bitcoin seriously, do you? Monopoly money is more legitimate."

My working rule is never to underestimate the opposition, but sometimes they make it hard.     Smiley

Exactly like that one; he didn't even bother listening to the article writer's comments, just continued to be a blind ignorant asshole.  Forget the puppy, I wanna kick him, instead.
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May 14, 2013, 12:09:29 PM
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Quote from: aigeezer on May 14, 2013, 12:04:18 AM
"Mercadolibre, Ebay's affiliate in Latin America, has begun supporting Bitcoin transactions, which is no small thing considering the site has 49 million registered users."

Good stuff.


A good start but a long way to go. At present there are 118 products that can be bought on the site with BTC. I doubt that this is even 0.01%. Still,  it is a start and hopefully the number will grow. 
BTW I think it is already perfectly possible for vendors on ebay to accept bitcoins. And a few already do.
"There is only one thing that is seriously morally wrong with the world, and that is politics. By 'politics' I mean all that, and only what, involves the State." Jan Lester "Escape from Leviathan"
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