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Author Topic: bitcoin dollar bill  (Read 3731 times)
franky1
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July 05, 2014, 10:03:00 PM
 #21

even though i can see the counterfeit / fraud squad jumping over it. i think anyone that hands out a 1BTC bil mistakenly for a $1 bill.. would have just made a $620 mistake. and the recipient, once realizing the mistake, will be very happy with what thy hav received and not want to inform the authorities..

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ShakyhandsBTCer
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July 06, 2014, 12:03:19 AM
 #22

i should warn people, DO NOT TRY TO MAKE THESE AND PASS THEM OFF AS BITCOIN CURRENCY.

it is a federal crime to do so because it looks like federal reserve notes.
This is very true and cannot be emphasized enough. The picture that the OP posted looks very much like the dollar bill and only after looking at it closely can you see that it is not a dollar bill.
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July 06, 2014, 01:35:52 AM
 #23

I am not the creator of encryptedbitcoinwallet.com.

These are not bills, as they do not represent debt owed to any bank or any other centralized institution. 

The dollars or euros in your pocket are bills.  Redeemable once upon a time for gold (or silver).  Now, nothing.

These are actual certificates redeemable for bitcoin . . .virtual gold . . . once they are loaded up with BTC.  Spent only after the private key or bip38 encrypted key are used.  Paper Wallets are used for Cold Storage of your BTC.

Get your BTC offline.  Practice good Bitcoin hygeine.  Prepare for the future, future millionaires. 

BTC

18nJvtHKgN7LQNRM1phkeeY9c2sQb5h6JW


franky1
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July 06, 2014, 03:28:53 AM
 #24

i should warn people, DO NOT TRY TO MAKE THESE AND PASS THEM OFF AS BITCOIN CURRENCY.

it is a federal crime to do so because it looks like federal reserve notes.
This is very true and cannot be emphasized enough. The picture that the OP posted looks very much like the dollar bill and only after looking at it closely can you see that it is not a dollar bill.

we know its criminal and dont endorse it.. but hyperthetically. imagine you owned a 7-11 shop, a customer comes in and gives you a bunch of bills to pay for an $11 item....

you notice right away one of the bills is a bitcoin.. not a dollar.. would you call the cops and let them confiscate the bitcoin. or smile proudly, keep it yourself and put one of your own dollar bills into the cash register to ensure the register stays in-float.

i know id keep the $620 mistake (not recommending your employees do it. but as a manager of the imaginary 7-11 id be smiling)

Do not take any information given on this forum on face value. Please do your own due diligence and respect what is written here as both opinion and information gleaned from experience. If you wish to seek legal FACTUAL advice, then seek the guidance of a LEGAL specialist
Harley997
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July 06, 2014, 09:50:39 PM
 #25

i should warn people, DO NOT TRY TO MAKE THESE AND PASS THEM OFF AS BITCOIN CURRENCY.

it is a federal crime to do so because it looks like federal reserve notes.
This is very true and cannot be emphasized enough. The picture that the OP posted looks very much like the dollar bill and only after looking at it closely can you see that it is not a dollar bill.

we know its criminal and dont endorse it.. but hyperthetically. imagine you owned a 7-11 shop, a customer comes in and gives you a bunch of bills to pay for an $11 item....

you notice right away one of the bills is a bitcoin.. not a dollar.. would you call the cops and let them confiscate the bitcoin. or smile proudly, keep it yourself and put one of your own dollar bills into the cash register to ensure the register stays in-float.

i know id keep the $620 mistake (not recommending your employees do it. but as a manager of the imaginary 7-11 id be smiling)
Well as far as I can tell that bill does not actually have any way to redeem one bitcoin and spend it on the network, nor would you have any way of verifying that there is actually unspent inputs associated with the address associated with the bill. It looks like the bill is really nothing more then a marketing tool

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franky1
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July 06, 2014, 10:11:32 PM
 #26


.. but hyperthetically. imagine

Do not take any information given on this forum on face value. Please do your own due diligence and respect what is written here as both opinion and information gleaned from experience. If you wish to seek legal FACTUAL advice, then seek the guidance of a LEGAL specialist
robbyd86
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July 06, 2014, 10:25:56 PM
 #27

very nice, except 1BTC is like $650 so it needs to be like a .1BTC dollar bill Smiley .
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