things to do with bitcoins

[bitcon]

bitcoins may have many different uses lets make a list.  the ones i've seen floating around these boards are:

1. bit porn
2. buying / selling drugs
3. hiding money from the IRS
4. gambling
5. buying babies on the black market

6. ?

[1714973668]

1714973668

[Oldminer]

10 posts in and already I'd say someone should ban this ^^ noobs ass

Edit:

Fiat money uses:

1. buying porn/prostitutes
2. buying / selling drugs
3. money laundering / hiding money from the IRS
4. gambling
5. buying babies on the black market
6. Bribing politicians
7. Paying for coups
8. buying illegal arms
9. Paying for shills /stooges to post on forums

 

[BitcoinPorn]

He'll be gone.

[Barek]

Have a look at

https://en.bitcoin.it/wiki/Trade

(or just enjoy this troll food)

[smoothie]

bitcoins may have many different uses lets make a list.  the ones i've seen floating around these boards are:

1. bit porn
2. buying / selling drugs
3. hiding money from the IRS
4. gambling
5. buying babies on the black market

6. ?

If these are the only things you have seen then I would say you are an average day crackpot! =)

[bitcon]

6. money laundering

[Yatta99]

At least you can't get a Bitcoin stuck in your nose 

[bitcon]

actually, you can with the bitcoin cards ppl are producing.   you can literally stick them up your arse!

[bitfon]

Seems like a good question to me.

Forex, gambling, pyramid schemes, porn, money laundering and black-market babies are all well and fine.  Fiat can get you the same things.

But I want a real bitcoin economy with more productive activities too.  Maybe even activities that fiat isn't so good at providing.

There are some real goods and services at https://en.bitcoin.it/wiki/Trade, but they seem like more of an afterthought.  Not that there's anything wrong with that, it's all pretty new after all.

Seems like bitcoin's low transaction costs would be great for micropayments, and its worldwide acceptance would work really well for crowdsourcing small tasks.  I can think of dozens of opportunities that aren't focused on the currency itself.

I'm a newbie, so correct me if I'm wrong.  Is the productive part of the economy growing as fast as zero-sum sectors like forex and pyramid games?

[Alex Beckenham]

I'm a newbie, so correct me if I'm wrong.  Is the productive part of the economy growing as fast as zero-sum sectors like forex and pyramid games?

Big, quality sites have a lot of lead time. There are big things being built in the background as we speak that won't come online for another 2 months or more.

[bitfon]

That makes a lot of sense.  I saw this quote from http://www.btcvc.com/, which summed it up better than I did:

"Unless an economy with goods and services based on Bitcoin can be established, Bitcoin never has the potential to be anything more than just a vehicle with which to transfer value from one currency to another ...

If Bitcoin only exists as a medium to exchange with other currencies, Bitcoin will become an untraceable version of Forex that's plagued by fraud.

The only way to sustain the economy of Bitcoin is to invest in businesses based in providing goods and services in exchange for Bitcoin."

I'm looking forward to helping build real, productive services denominated in bitcoin.

[suniasunshine]

At least you can't get a Bitcoin stuck in your nose 

LOL so true

[Namegduf]

bit.....foood

[99bitcoins]

6. another bitcoin  

[shata]

6. money laundering

Good idea never thought of that ...hmmmm jk lol

[lateminer]

You can buy Alpaca Socks 

[Yatta99]

You can buy Alpaca Socks 

I guess that you could but why does the alpaca need socks?

[lateminer]

because the alpaca is cold after we shave em to make alpaca socks, that is why.