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Author Topic: large opportunity for Bitcoin  (Read 1263 times)
the_sunship (OP)
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January 12, 2014, 01:00:24 AM
 #1

http://www.nytimes.com/2014/01/12/us/banks-say-no-to-marijuana-money-legal-or-not.html

This is a very interesting development in my opinion. It's also interesting that marijuana legalization is also in it's beginning acceptance stage, like BTC  
notig
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January 12, 2014, 02:25:03 AM
 #2

gambling... marijuana... remittance... there is a whole shit load of stuff coming. Bitcoin will rise a great deal in 2014 if left unchecked. The problem is banks keep on snipping the connections to bitcoin from the real economy. All the sudden one day they cut out some exchange.... like how bitfloor was frozen. Then another and another. I wonder how much they already slowed down the train.
vokain
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January 12, 2014, 03:34:48 AM
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^And then all of a sudden, they'll find they cut themselves out of it all
RenegadeMind
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January 12, 2014, 05:31:38 AM
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gambling... marijuana... remittance... there is a whole shit load of stuff coming. Bitcoin will rise a great deal in 2014 if left unchecked. The problem is banks keep on snipping the connections to bitcoin from the real economy. All the sudden one day they cut out some exchange.... like how bitfloor was frozen. Then another and another. I wonder how much they already slowed down the train.

"Unchecked"? Pretty nasty way to look at it. "Alone" might be a nicer outlook. Smiley

But I do wonder where it would be without banks actively working to sabotage it.

ArticMine
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January 12, 2014, 06:22:53 AM
 #5

There seems to be an opportunity here for a business to facilitate the payment of both state and federal taxes with Bitcoin.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
calian
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January 12, 2014, 08:14:51 AM
 #6

gambling... marijuana... remittance... there is a whole shit load of stuff coming. Bitcoin will rise a great deal in 2014 if left unchecked. The problem is banks keep on snipping the connections to bitcoin from the real economy. All the sudden one day they cut out some exchange.... like how bitfloor was frozen. Then another and another. I wonder how much they already slowed down the train.

With closed loop ATMs we shouldn't need banks for much. https://bitcointalk.org/index.php?topic=403210
molecular
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January 12, 2014, 08:51:05 AM
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^And then all of a sudden, they'll find they cut themselves out of it all

hehe,


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