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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Bit_Happy
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A Great Time to Start Something!
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April 18, 2014, 02:41:50 AM |
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Bitcoin is still in the new and revolutionary stages, so the comparison makes no sense. Some crypto coin(s) will succeed and BTC will probably be one of the winners. Apparently the article is doomed to fail.
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blackhathasher (OP)
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Activity: 117
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My Precious!
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April 18, 2014, 02:52:04 AM |
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well if side chains catches on like people are saying then i can see alt coins becoming less appealing although i do believe they will always be around, but if side chains can truly bring innovation to the Bitcoin network without devaluing the bitcoin currency then there is no reason why bitcoin cannot continue to juggernaught forward indefinitely...
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SolarGalaxa
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April 18, 2014, 06:39:02 AM |
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I love this one: "the main use for Bitcoins is said to be the illegal and anonymous purchasing of drugs and weapons". And the author's beloved cash isn't?
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blacksails
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April 18, 2014, 01:58:37 PM |
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I love this one: "the main use for Bitcoins is said to be the illegal and anonymous purchasing of drugs and weapons". And the author's beloved cash isn't? Yeah, you just gotta love the ignorance! Stupid wall street morons…
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Dogtanian
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April 18, 2014, 02:03:29 PM |
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Hopefully this will turn into that one article that said the internet wouldnt be around for long or whatever.
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master-P
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April 18, 2014, 02:16:07 PM |
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I love this one: "the main use for Bitcoins is said to be the illegal and anonymous purchasing of drugs and weapons". And the author's beloved cash isn't? What is the current main use of btc as a currency for purchasing goods? Overstock and giftcards?
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blackhathasher (OP)
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My Precious!
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April 18, 2014, 03:41:54 PM |
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What is the current main use of btc as a currency for purchasing goods? Overstock and giftcards?
i think that there is a ton of transactions into and out of exchanges which means speculative investing (as a currency), miners are prone to buy a metric butt load of equipment from the likes of tiger direct and the hundreds of asic distributors, gyft and egifter for sure, and more and more small business owners are accepting etc. etc. i think that there is virtually NO money laundering going on in bitcoin and the FBI has stated as much. the reality of "illegal" activities being conducted in bitcoin is probably less than 10%
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ArticMine
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Monero Core Team
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April 18, 2014, 07:52:14 PM Last edit: April 19, 2014, 02:27:03 AM by ArticMine |
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Reading this article I get the impression that it was written by one of the many iSheep because of the many references to Apple products as the replacements to the "doomed to fail" technologies. Given Apple's censorship of Bitcoin it would make a lot of sense that Bitcoin be included among the "doomed to fail" technologies.
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zzojar
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April 18, 2014, 10:45:31 PM |
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Stupid article because everything is doomed to fail at some point. Even this solar system is doomed to fail.
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Abdussamad
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April 19, 2014, 01:02:50 AM |
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I like PCs and I can understand why people like fax machines. It's interesting that fax machines are so much easier to use than email. You don't need to be computer literate. Just enter a paper, punch in a number and the machine does the rest. The fact that email with all its clicking about and spam and malware made it gives me hope that bitcoin can make it too.
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Pente
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April 19, 2014, 03:05:24 AM |
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I like PCs and I can understand why people like fax machines. It's interesting that fax machines are so much easier to use than email. You don't need to be computer literate. Just enter a paper, punch in a number and the machine does the rest. The fact that email with all its clicking about and spam and malware made it gives me hope that bitcoin can make it too.
Banks & government agencies always seem to want paperwork via a fax machine. I keep telling them this is the 21st century with things called email & scanners, but they just don't seem to understand. I may as well be trying to pay my taxes with bitcoins.
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Nagle
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April 19, 2014, 06:50:17 AM |
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Bitcoin is the Segway of money.
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Meuh6879
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April 19, 2014, 07:10:56 AM |
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