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Author Topic: Exchanges... Regulations... Dinosaurus...  (Read 2064 times)
Fizpok
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May 29, 2013, 09:17:41 AM
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It should be mentioned, that Bitcoin "technically" can live without exchanges...
Technically.
Imagine economy, based on golden coins.
Imagine, that someone regulates gold coins exchange to the degree when it becomes of no use.
Will economy work on direct coins-to-goods exchange?

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May 29, 2013, 09:24:30 AM
 #2

Oh boy! Those are so fucking gooood!  Shocked


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May 29, 2013, 09:30:05 AM
 #3

It should be mentioned, that Bitcoin "technically" can live without exchanges...
Technically.
Imagine economy, based on golden coins.
Imagine, that someone regulates gold coins exchange to the degree when it becomes of no use.
Will economy work on direct coins-to-goods exchange?

why not if it can work even with only goods to goods exchange. Not easy but it can.

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May 29, 2013, 09:58:42 AM
 #4

It should be mentioned, that Bitcoin "technically" can live without exchanges...
Technically.
Imagine economy, based on golden coins.
Imagine, that someone regulates gold coins exchange to the degree when it becomes of no use.
Will economy work on direct coins-to-goods exchange?

Well, actually, that is the idea in the end (or slowly along the way). Before we can get to a place where BTC is used independently of other currencies (exchanging in and out) we need wider acceptance.
If the banks keep printing money like there is no tomorrow, they are just hastening our adoption.

BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
pand70
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May 29, 2013, 07:30:54 PM
 #5

I m here for the dinosaurs  Shocked

alexeft
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May 29, 2013, 07:55:33 PM
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I m here for the dinosaurs  Shocked

Looooooooooooool!!!!
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May 29, 2013, 08:59:54 PM
 #7

I m here for the dinosaurs  Shocked

Be careful what you wish for...


BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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May 29, 2013, 09:07:55 PM
 #8

It can't work because you can't pay your taxes with bitcoin.
Fizpok
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May 30, 2013, 07:30:16 AM
 #9

It can't work because you can't pay your taxes with bitcoin.

I don't insist on it... honest...

Ethereum Programming Guide
Create Solidity contracts: Step-by Step Hands-on Guides.
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