Nemesis
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May 16, 2013, 05:26:42 AM |
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Again, ppl on here are clueless... Funding exchange using this doesnt change a FCKING THING!!!! This is just another payment network, like Paypal or Dwolla.... Exchange still need to have MSB license. Right now Paypal prohibit any transactions for checks, money orders or anything subjected to money transmitting. What makes you think GOOGLE wont do the same? Gosh ppl on here still dont understand what transmitting means.... "wtf eCommerce transfer money all the time... "
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Stunna
Legendary
Offline
Activity: 3192
Merit: 1278
Primedice.com, Stake.com
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May 16, 2013, 05:40:32 AM |
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I'd call this a Paypal killer not a Bitcoin killer
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schmokel
Newbie
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Activity: 20
Merit: 0
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May 16, 2013, 06:38:21 AM |
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I'd call this a Paypal killer not a Bitcoin killer
If this actually takes off and doesn't suffer from nanny state meddling (oh no, you can't pay for guns with this! guns are evil!), it most certainly will reduce the long term growth of BTC. Kill? Nope. But it will put one hell of a dent in it. Such competition would make BTC more applicable to black market transactions and people who want to store wealth only they can touch. Still a useful thing to have. However, the value of that nestegg sitting behind your private key is based purely on speculation, just like fiat. Some would rather just bury gold, guns and ammo.
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pwi
Member
Offline
Activity: 118
Merit: 10
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May 16, 2013, 07:15:34 AM |
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OMG Google is now an unlicensed money transfer thingy and must be stopped! Where is the DHS? They need to seize google's offshore bank account(s) ASAP. Because tehorrism and for the childrens. Google/Microsoft/insert software developer here - have long traded in crypto-currency. The old adage that knowledge/information is power has never been more true than now. Control your information, control your currency, control your world. Give it away for free and you will cease to be so.
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wopwop
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May 16, 2013, 07:25:26 AM |
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OMG Google is now an unlicensed money transfer thingy and must be stopped! Where is the DHS? They need to seize google's offshore bank account(s) ASAP. Because tehorrism and for the childrens. Google/Microsoft/insert software developer here - have long traded in crypto-currency. The old adage that knowledge/information is power has never been more true than now. Control your information, control your currency, control your world. Give it away for free and you will cease to be so. You are a douche, that.. we know for sure
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pwi
Member
Offline
Activity: 118
Merit: 10
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May 16, 2013, 07:43:22 AM |
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OMG Google is now an unlicensed money transfer thingy and must be stopped! Where is the DHS? They need to seize google's offshore bank account(s) ASAP. Because tehorrism and for the childrens. Google/Microsoft/insert software developer here - have long traded in crypto-currency. The old adage that knowledge/information is power has never been more true than now. Control your information, control your currency, control your world. Give it away for free and you will cease to be so. You are a douche, that.. we know for sure Edited: at least I'm clean on the inside.
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samson
Legendary
Offline
Activity: 2097
Merit: 1068
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May 16, 2013, 10:05:03 AM |
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Again, ppl on here are clueless... Funding exchange using this doesnt change a FCKING THING!!!! This is just another payment network, like Paypal or Dwolla.... Exchange still need to have MSB license. Right now Paypal prohibit any transactions for checks, money orders or anything subjected to money transmitting. What makes you think GOOGLE wont do the same? Gosh ppl on here still dont understand what transmitting means.... "wtf eCommerce transfer money all the time... " Perhaps some of us are thinking about the larger world that exists outside of the USA, I know I am.
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phelix
Legendary
Offline
Activity: 1708
Merit: 1019
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May 16, 2013, 11:27:40 AM |
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Can or should I install the Google Wallet app on a rooted phone?
No, we do not support Google Wallet on rooted phones
What a bummer.
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Twerka
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May 16, 2013, 03:01:12 PM |
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Google is the NWO, spying google, spying searchs, emails, phones... now they want to control money? ha!
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The worst enemy of Bitcoin is Mt.Gox exchange.
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papaminer
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May 16, 2013, 03:10:15 PM |
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BITCOIN KILLER YOU SAY? THIS GOOGLE WALLET STILL USES THE "OLD GRUMPY" USD... and BITCOIN IS USD KILLER...
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฿: 1L7dSte4Rs4KyyxRCgrqSWYtkXdAb4Gy1z MORE INFO ABOUT ME: BTC
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