RaggedMonk (OP)
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January 13, 2012, 11:47:05 PM |
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https://plus.google.com/u/0/106907500056938408759/posts/2PQQLPYkdcaHe asked these questions: 1. What does Bitcoin mean to you? 2. What do you think of Bitcoin's potential future? 3. What are the best uses of Bitcoin that you've seen so far? 4. Do you think Bitcoin will become a mainstream currency or investment asset type or both? Why/why not? 5. Does Bitcoin need to be improved? How? 6. Any other thoughts on Bitcoin? Maybe we can give him some answers?
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Phinnaeus Gage
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Activity: 1918
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Bitcoin: An Idea Worth Spending
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January 14, 2012, 12:57:25 AM |
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https://plus.google.com/u/0/106907500056938408759/posts/2PQQLPYkdcaHe asked these questions: 1. What does Bitcoin mean to you? 2. What do you think of Bitcoin's potential future? 3. What are the best uses of Bitcoin that you've seen so far? 4. Do you think Bitcoin will become a mainstream currency or investment asset type or both? Why/why not? 5. Does Bitcoin need to be improved? How? 6. Any other thoughts on Bitcoin? Maybe we can give him some answers? This Bill Barhydt guy is on the ball!: http://www.m-via.com/view_news.php?id=31The system works somewhat like PayPal, but for unbanked migrants looking to send money to people in the U.S. and in their home countries. Users open a Boom account for $10 annually, then add cash to their accounts at 15,000 locations in the U.S., including more than 6,000 7-Eleven locations. Each deposit costs $2, but transferring money between Boom accounts is free. So a user in Mexico (the service is launching in Mexico, with Haiti following soon) opens a Boom account and pays $2 to pull out money from their account after receiving a money transfer from the U.S.. Recipients can use a debit card to withdraw money from an ATM, or get cash from 25,000 locations in Mexico.
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hazek
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January 14, 2012, 01:44:09 AM |
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1. Bitcoin to me means a glimmer of hope of achieving true financial sovereignty in my lifetime. I strongly believe that the reason for most of the suffering in the entire world today is because people have forgotten what money really is and have been all to willing to relinquish the control over money to governments, bankers and big corporations. Without central banks and legal tender laws enforcing every fiat currency there is, no way the governments could be so big or even exist, there is no way governments, bankers and big corporations could get bail-outs at almost zero rates at the expense of the taxpayers, there's no way all these wars could be fought and payed for, there's no way people could get robbed blind by the transfer of wealth through inflation caused by creating money out of thin air by central banks and fractional reserve banking, there's no way markets would drive up such huge and devastating bubbles, there's no way the vast majority of people could have been financially enslaved to a life of constant hard work and mindless consumption barely scraping by not to mention being broke at old age. Bitcoin could potentially change all that. I believe a commodity money like gold or silver would too but those are just too easily controlled by men with guns. Bitcoin cannot be controlled by anyone. It is governed by computing power and the laws of math. Everyone has to follow the same rules that were agreed upon at it's conception, everyone knows the rules and can plan their future based on those rules. No one can stop anyone from either receiving or sending Bitcoins and no one is forced to disclose who they transact with if they choose to remain private which means everyone using them is entirely and completely financially autonomous. Bitcoin frankly to me means a chance at true freedom. 2. Obviously I believe Bitcoin has a huge potential as a monetary unit or currency in it's future. As long as the technology can maintain it's integrity I believe it will succeed. Since it's practically impossible to stop by men with guns I believe it will prosper if nothing else it will be a huge success in the black market. Because of it's rules I believe those holding Bitcoins will be rewarded once the issuing of new Bitcoins slows down. And finally if it so happens and Bitcoin doesn't succeed we now have a blueprint that can be improved upon and we'll potentially see new and better versions. 3. The best use so far has to be in international transfer of money. It is hands down the best, fastest, cheapest and safest way without any nosy and costly middlemen. Second best use so far that I've seen has to be wikileaks being able to receive donations despite the men with guns freezing their paypall and mastercard accounts which is just one small example of it's true power. 4. Like I said, in my view, everything depends on the question whether or not Bitcoin's technology can maintain it's integrity meaning it must be able to maintain the agreed upon rules and cryptographic security. If it can, I believe the sky is the limit. 5. Bitcoin the system probably not. But we definitely need better layers above the core system to make the technology more user friendly and accessible to a much broader audience. 6. Another great thing about Bitcoin is that is governed by true free market forces. Finally we have a real experiment, which can't be manipulated in anyway that will show us once and for all that freedom is the best way for a society to govern itself and that all the retarded economic theories out there about how we need a government to regulate or tax and provide certain services, how we need a central bank to monitor the fiat currencies, how we need the bankers to facilitate trade will be put to rest. And good riddance, I will happily dance on these theory's graves. One more thing, before you start preparing your TED speech, please watch this video and try to incorporate it's advice: http://www.youtube.com/watch?v=u4ZoJKF_VuA
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My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)
If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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hazek
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January 14, 2012, 01:45:07 AM |
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What do you think, did I nail it or what? Any suggestions before I post it on his google+ post?
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My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)
If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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bbit
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Activity: 1330
Merit: 1000
Bitcoin
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January 14, 2012, 01:45:36 AM |
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What do you think, did I nail it or what? Any suggestions before I post it on his google+ post? I like what you wrote a lot +1 I'm writing mine now!
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Phinnaeus Gage
Legendary
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Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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January 14, 2012, 03:58:32 AM |
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1. Bitcoin to me means a glimmer of hope of achieving true financial sovereignty in my lifetime. I strongly believe that the reason for most of the suffering in the entire world today is because people have forgotten what money really is and have been all to willing to relinquish the control over money to governments, bankers and big corporations. Without central banks and legal tender laws enforcing every fiat currency there is, no way the governments could be so big or even exist, there is no way governments, bankers and big corporations could get bail-outs at almost zero rates at the expense of the taxpayers, there's no way all these wars could be fought and payed for, there's no way people could get robbed blind by the transfer of wealth through inflation caused by creating money out of thin air by central banks and fractional reserve banking, there's no way markets would drive up such huge and devastating bubbles, there's no way the vast majority of people could have been financially enslaved to a life of constant hard work and mindless consumption barely scraping by not to mention being broke at old age. Bitcoin could potentially change all that. I believe a commodity money like gold or silver would too but those are just too easily controlled by men with guns. Bitcoin cannot be controlled by anyone. It is governed by computing power and the laws of math. Everyone has to follow the same rules that were agreed upon at it's conception, everyone knows the rules and can plan their future based on those rules. No one can stop anyone from either receiving or sending Bitcoins and no one is forced to disclose who they transact with if they choose to remain private which means everyone using them is entirely and completely financially autonomous. Bitcoin frankly to me means a chance at true freedom. 2. Obviously I believe Bitcoin has a huge potential as a monetary unit or currency in it's future. As long as the technology can maintain it's integrity I believe it will succeed. Since it's practically impossible to stop by men with guns I believe it will prosper if nothing else it will be a huge success in the black market. Because of it's rules I believe those holding Bitcoins will be rewarded once the issuing of new Bitcoins slows down. And finally if it so happens and Bitcoin doesn't succeed we now have a blueprint that can be improved upon and we'll potentially see new and better versions. 3. The best use so far has to be in international transfer of money. It is hands down the best, fastest, cheapest and safest way without any nosy and costly middlemen. Second best use so far that I've seen has to be wikileaks being able to receive donations despite the men with guns freezing their paypall and mastercard accounts which is just one small example of it's true power. 4. Like I said, in my view, everything depends on the question whether or not Bitcoin's technology can maintain it's integrity meaning it must be able to maintain the agreed upon rules and cryptographic security. If it can, I believe the sky is the limit. 5. Bitcoin the system probably not. But we definitely need better layers above the core system to make the technology more user friendly and accessible to a much broader audience. 6. Another great thing about Bitcoin is that is governed by true free market forces. Finally we have a real experiment, which can't be manipulated in anyway that will show us once and for all that freedom is the best way for a society to govern itself and that all the retarded economic theories out there about how we need a government to regulate or tax and provide certain services, how we need a central bank to monitor the fiat currencies, how we need the bankers to facilitate trade will be put to rest. And good riddance, I will happily dance on these theory's graves. One more thing, before you start preparing your TED speech, please watch this video and try to incorporate it's advice: http://www.youtube.com/watch?v=u4ZoJKF_VuASame video, better quality. http://www.youtube.com/watch?v=qp0HIF3SfI4I've watched this video no less than 5 times already. I love this video. ~Bruno~
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istar
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January 14, 2012, 07:12:06 AM |
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Just got curious if this guy was a good speaker. "Bill is responsible for the vision, strategy and overall corporate leadership for m-Via, the global leader in providing international money transfer via any mobile phone." http://www.useboom.com/Bill Barhydt talk about transfering money with his Boom technology. http://www.youtube.com/watch?v=TVAYGfOUGKo
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Bitcoins - Because we should not pay to use our money
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Phinnaeus Gage
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Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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April 07, 2012, 02:55:05 AM |
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Curious, as to what's the latest with this upcoming TED talk.
~Bruno~
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proudhon
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April 07, 2012, 05:06:41 AM |
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Me too.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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hazek
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April 07, 2012, 11:24:33 AM |
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From google+: Bill Barhydt - Hi everyone, just a quick update to let you know that I did give the short talk at TED on Thursday morning and I think it went reasonably well. I'll plan on giving a longer version of the talk - hopefully interactive on a Google Hangout sometime soon. I'm off to Mexico for work now but will work on this when I get back. Thanks again for all of your great input! Mar 3, 2012
hazek jr - Is there a video of it? Mar 4, 2012 - Edit
Bill Barhydt - Not yet. TED owns the rights. Most of their talks never make it online but some do. I'll let you know if they decide to post it. Mar 4, 2012
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My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)
If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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cypherdoc
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April 07, 2012, 01:38:51 PM |
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Anyone have a link to nefarios talk?
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Phinnaeus Gage
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Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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April 07, 2012, 05:50:36 PM |
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Most of their talks never make it online but some do. This is news to me. I took it for granted that all talks were readily available, thus spreading ideas--not locking them up. ~Bruno~
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hazek
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April 07, 2012, 08:00:41 PM |
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Most of their talks never make it online but some do. This is news to me. I took it for granted that all talks were readily available, thus spreading ideas--not locking them up. I was also surprised.
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My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)
If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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bitlizard
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April 07, 2012, 08:10:36 PM |
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Bitcoin on TED Talks holy fuck!
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Phinnaeus Gage
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Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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April 07, 2012, 08:43:40 PM |
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Search results on TED and TEDx are 0, nil, nada, etc. I'll assume this will change in the not too distant future.
~BrunoC
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ShadowOfHarbringer
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Bringing Legendary Har® to you since 1952
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April 09, 2012, 06:08:07 PM |
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* ShadowOfHarbringer is watchng this.
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counter
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May 11, 2013, 03:55:13 AM |
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will check it out now thanks!
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