What bitcoin is for you ?

[trotzim]

a banking system just allows people to exchange one thing with another with a reference value.
And the reference should be the same for each people who trust it.

ah ah ah ... you trust this ?
well, read this : http://www.youtube.com/watch?v=mII9NZ8MMVM

No, no, I only trust in noise. But, I think this is what it should be, not more.
Interesting video, I'm not american, so, it's no sense for me or very reduced and I never buy what I can't afford. But, interesting.

A good way to earn money    - 21 (18.3%)
A POC for next monetary system    - 14 (12.2%)
The next monetary system    - 48 (41.7%)
A kind of philosophy    - 25 (21.7%)
Nothing    - 7 (6.1%)
   
Total Voters: 115

but what if i want to vote for more then 1 option...! because its more then just one thing..

You're right my friend, life is not fair

you need to add "A Hobby" to the poll.

Yeah , hobby , and ADDICTION !

I thought to this when saying "Proof Of Concept", but maybe yes, a POC is not fun as playing lego should.
Do you have in mind playing with hardware and so on ?

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[nikona]

It looks like ponzi , It looks like new currecy , It looks like new business , It looks like everything

As Long As The Price Not Dropping 

[trotzim]

a banking system just allows people to exchange one thing with another with a reference value.
And the reference should be the same for each people who trust it.

ah ah ah ... you trust this ?
well, read this : http://www.youtube.com/watch?v=mII9NZ8MMVM

Not part of the topic, but do you know Zeitgeist movies ?
(there are mostly like oldies, but nice to watch)

[buzybit]

it is everything!
in BitCoin we trust !

[f4bi0]

Total freedom and anonymity!

[MakeBelieve]

Any one use Bitcoin for a hobby that is pretty cool if you can risk a lot of money for a hobby.

[MICRO]

Any one use Bitcoin for a hobby that is pretty cool if you can risk a lot of money for a hobby.

I use it for hobby , and i don't invest anything , my hobby is making it for free

[Brangdon]

What if pools apply an equivalent distribution of bitcoin between each members ? Why not ?

It costs money to mine, so there needs to be some compensation specifically for miners.

Where is it better than a banking system ?

One reason is that it allows permissionless innovation. Another is that it strips out a lot of the overheads. A third is that it decentralises. A (related) fourth is that it reduces the need to trust institutions. It reduces the power of governments and banks, and that's good, because power corrupts.

It's very naive and conceptual but your response interest me.

Mostly I see it as the next monetary system. I think crypto-currencies will be successful, and that Bitcoin is the crypto-currency most likely to "win". I'm aware of non-monetary applications, but they just don't seem as pressingly important.

[MICRO]

A good way to earn money 

What is that way ?

[Lauda]

Everything. I want to marry my love, Bitcoin.

[MakeBelieve]

A good way to earn money 

What is that way ?

Bitcoin is money and Bitcoin is the way to do every thing.

[DubFX]

Sign of freedom hope.

[Warren]

Anyway, as I requested the withdrawal, (and gave the 5-day notice that my bank requests), they pretty much refused to allow me to withdraw my own money from my own account!

I was infuriated!

They were not only asking questions as to why I would need that sort of money, since it was a "larger than normal" withdrawal, (which I explained with the truth, that I was concerned about a bank run), but they also said:

"We no longer deal with larger cash transactions. Anything over a couple of thousand is very suspicious and we will need to report you to the financial authorities for even asking to do this withdrawal."

In the end I got my money out, (after numerous angry phone calls to two managers, and several days waiting beyond the normal 5 days), but not only did I have to pay a hefty fee of 2% but they made me feel like a criminal for even asking to withdraw my own money!

What bank was this and in what country?

Barclays Private Clients International - Great Britain

[zunath]

Bitcoin is a ridiculous obsession that causes people to shake their heads around me when I gush about it.


It's also the greatest invention since the internet.