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Question: What are your long term expectations for bitcoin and/or the cryptocurrency space?
1) Just a fad - nothing will come of it - 3 (5.9%)
2) The currency of choice for black markets, illegal activities, and under the table transactions - 5 (9.8%)
3) The new precious metal(s) and/or swiss bank account - 15 (29.4%)
4) Mainstream currency - 8 (15.7%)
5) Options 2, 3, and 4 - 17 (33.3%)
6) none of the above (please explain) - 3 (5.9%)
Total Voters: 51

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Author Topic: bitcoin's role  (Read 1034 times)
HeliKopterBen (OP)
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September 05, 2013, 04:33:38 PM
Last edit: September 06, 2013, 09:23:41 AM by malevolent
 #1

 Grin Smiley Wink

Counterfeit:  made in imitation of something else with intent to deceive:  merriam-webster
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September 05, 2013, 04:38:19 PM
 #2

I can't seem to vote.
HeliKopterBen (OP)
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September 05, 2013, 04:39:48 PM
 #3

I can't seem to vote.

Try it now

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September 05, 2013, 04:41:24 PM
 #4

Pump & Dump

also and most importantly a comedy goldmine.
rampantparanoia
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September 05, 2013, 04:44:23 PM
 #5

Bitcoin will be forked, merged with some alt-coin protocol like Litecoin, and named USDCoin.
Bitcoin Foundation will be renamed "The FED"
The FED will inflate the amount of coins in circulation to the point where it becomes essentially worthless.

pure bullshit speculation
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September 05, 2013, 05:03:39 PM
 #6

I see bitcoin as the VOIP of money.
Endusers might not use it directly, and if so, they probably won't know.
But it's going to be working it's magic through the very fabric of the inter-bank clearance business, remittance, payment systems etc.

That's why I chose "none of the above".

Yeah, well, I'm gonna go build my own blockchain. With blackjack and hookers! In fact forget the blockchain.
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September 05, 2013, 05:13:01 PM
 #7

I just paid for something again today with BTC.

I love to pay with bitcoin, because its really easy to do so, i feel like a get a gr8 deal every time, and all that jazz.

HeliKopterBen (OP)
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September 05, 2013, 05:32:25 PM
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I see bitcoin as the VOIP of money.
Endusers might not use it directly, and if so, they probably won't know.
But it's going to be working it's magic through the very fabric of the inter-bank clearance business, remittance, payment systems etc.

That's why I chose "none of the above".

I believe similarly however:

Gold = analogue
Bitcoin = VOIP

That is why I chose option 3.

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September 05, 2013, 06:13:34 PM
 #9

The more I look at it, the more options 2 and 3 look the same to me. Huh
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September 06, 2013, 08:06:56 AM
 #10

The ability to send money across the world instantly for little fees is bitcoins big plus for me.

Bitcoin + remittance is a win

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September 06, 2013, 08:07:08 AM
 #11

I luvvv bitcoin THIHIHIHIHI
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