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Author Topic: 2013-05-14 HuffPo: Bitcoins: A Positive Step Towards Truly Frictionless Commerce  (Read 753 times)
n8rwJeTt8TrrLKPa55eU (OP)
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May 14, 2013, 08:21:27 PM
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By Christian Dumontet, Co-founder and CEO of Foodler.

http://www.huffingtonpost.com/christian-dumontet/bitcoins-a-positive-step-_b_3274140.html
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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May 14, 2013, 08:35:59 PM
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He gets it.

Good and fairly short article. Just one thing though:

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Still more significant is the ongoing transactional cost -- up to 6%,

Try 10% or more in some cases. That's the reality of small credit card payments  Angry
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May 15, 2013, 12:18:36 AM
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He'd better get it... He's speaking at bitcoin2013. Wink

Let's hit those comments, boys and girls!  -This is HUFFPO. He needs us!

Luke Parker
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