[ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released

[yoshiwatusi]

I think #2 holds the most potential especially in 3rd world countries. Majority of users here already have access to credit cards, banks, atm etc. For someone sending money to family overseas, this would be a great option. Western union and similar companies charge a massive premium.

yeah.. the fee for sending overseas is $4-$5, but the receiver ends up receiving a lot less because money transmitters like paypal, xoom or banks have lower exchange rates.. they make money in the conversion. i see this traveling all over. for ex: in indonesia, you have to convert US$ first to IDR, then IDR to whatever currency in the receiving country. you lose money with each conversion. if you travel, the easiest way to convert to local currency is when you arrive at the airport and the rates are very low, on top of "commissions".

and this is not just for 3rd world countries. overstock is shipping across the globe now and paying in bitcoin makes more sense than paying in local currency..with your local credit card. think bigger picture.

[luisb]

Apart from that, knowing that you use paypal to exchange usd to another currency, we could say that thats not exactly what mainstream use means, you know.

"Mainstream use" as the devs and everyone else understand means

1. Vericoin will be used for online purchases as much or little less than Paypal, CCs and BTC

2. Vericoin will be used for sending money worldwide more than BTC and western union

If this is the "mainstream use" we are talking about we should start asking ourselves if vericoin has to offer at least the same advantages as they do...

Because you know don´t expect aunt Emma and Joe Sixpack switching to VRC if there are no obvious advantages apart from being easier to use or get than BTC and a theorical 3% savings

then don't, but there will be myself and others included who will.. short to mid term, the VISA card will help.. but that is not the long term goal… digital currency infrastructure has to be built and improved upon and make the tech more user friendly..

For your words I deduce we totally agree that we should stop trying to push VRC to mainstream users and start focusing in the real vericoin user right now and/or the people vericoin is going to help and solve a problem of theirs, i.e. people like you and me then??

yeah.. the fee for sending overseas is $4-$5, but the receiver ends up receiving a lot less because money transmitters like paypal, xoom or banks have lower exchange rates.. they make money in the conversion. i see this traveling all over. for ex: in indonesia, you have to convert US$ first to IDR, then IDR to whatever currency in the receiving country. you lose money with each conversion. if you travel, the easiest way to convert to local currency is when you arrive at the airport and the rates are very low, on top of "commissions".

and this is not just for 3rd world countries. overstock is shipping across the globe now and paying in bitcoin makes more sense than paying in local currency..with your local credit card. think bigger picture.

Please define *a lot less* because I am not aware of the conversion rates, so for instance if I was in the US and sent to my family 300 USD and I took care of the of the 5 bucks WU comission how much are my relatives going to get in mexico?

[luisb]

overstock is shipping across the globe now and paying in bitcoin makes more sense than paying in local currency..with your local credit card. think bigger picture.

You think it makes any sense to buy something in overstock and having it shipped to germany when I will have to pay customs tax from 23 euros on and the extra outrageous shipping costs?

The last time I bought something from the US I had to pay 30 euros in customs tax and the item was 25 euros! not to mention having to wait 3 weeks and the shipping costs!

When was the last time you ordered something from europe or south america?

Is not overstock accepting BTC because the branding and publicity this is bringing to them?

[onsightit]

In 3.5 hours, tune in: http://vericoinnews.info/latest-news/the-anatomy-of-an-altcoin-with-doug-pike/

Edit: Direct link to Meetup: http://www.meetup.com/SF-Bitcoin-Devs/events/202312412/

...which will have a link to the Hangout soon.

[libertynow]

I found it quite reasonable to ask why any Gran, Joe or Janet in the first world would bother using an alt currency when they can use CC or PayPal or OK Pay etc.  

Thats why cryptos are a fad  

Once again, to you and all the others who make comments like this...if you feel this way, then WHY ARE YOU HERE?  Do you have so much free time and are such a loser that you use your free time to waste everybody elses?  I don't understand.  Are you crazy?  Is this what crazy people do?  Can someone sane please explain this to me?

Those of us who are here think Vericoin is a fantastic alternative to FIAT, BTC and other currencies. I'm not going to repost the lists because its been posted many times already.  If you disagree, go away.  I don't mind constructive comments, but this is neither positive or negative constructive comments.  It's just emptiness.  Post your empty brain dump somewhere else.

[barabbas]

I found it quite reasonable to ask why any Gran, Joe or Janet in the first world would bother using an alt currency when they can use CC or PayPal or OK Pay etc.  

Thats why cryptos are a fad  

Once again, to you and all the others who make comments like this...if you feel this way, then WHY ARE YOU HERE?  Do you have so much free time and are such a loser that you use your free time to waste everybody elses?  I don't understand.  Are you crazy?  Is this what crazy people do?  Can someone sane please explain this to me?

Those of us who are here think Vericoin is a fantastic alternative to FIAT, BTC and other currencies. I'm not going to repost the lists because its been posted many times already.  If you disagree, go away.  I don't mind constructive comments, but this is neither positive or negative constructive comments.  It's just emptiness.  Post your empty brain dump somewhere else.

Hold on bucko! You just wasted quite a bit of time posting ... absolutely nothing. You are more than probably in the wrong forum. Should i direct you to veritalk instead? The kind of absurd meaninless nonsense that you post and like to read should be over there..

And shinraven insist on people being civil and respectful... yeah, right. Anytime now.

[souljah1h]

<BitCoinDragon> The hang out is live now......No video though but Doug is speaking.   https://plus.google.com/events/cv94a598qi9auoh8756vlutna38

[ELMER_FUD]

<BitCoinDragon> The hang out is live now......No video though but Doug is speaking.   https://plus.google.com/events/cv94a598qi9auoh8756vlutna38

Thank you!

[souljah1h]

^ No problem!

Also found this. http://www.blkfeed.com/topic/170/coinsis-business-proposal-and-the-15k-previously-50k-ultimatum

Did Vericoin pay 15k?

[barabbas]

<BitCoinDragon> The hang out is live now......No video though but Doug is speaking.   https://plus.google.com/events/cv94a598qi9auoh8756vlutna38

Doug appears to do that. Constantly. Even though he doesn'n have absolutely anything to say... Remarkable.

[souljah1h]

<BitCoinDragon> The hang out is live now......No video though but Doug is speaking.   https://plus.google.com/events/cv94a598qi9auoh8756vlutna38

Doug appears to do that. Constantly. Even though he doesn'n have absolutely anything to say... Remarkable.

Cut the man some slack

[Wreathy]

That was a veri good hangout out session.

Doug Ty. I learned a lot from it regarding how coins function as to how I thought I previously knew.  

A well Deserved Applause at the end to.

[onsightit]

That was a veri good hangout out session.

Doug Ty. I learned a lot from it regarding how coins function as to how I thought I previously knew.  

A well Deserved Applause at the end to.

Agreed. If Doug was recounting all that info from the top of his head while driving his car in NJ traffic, I'm very impressed.

[aragoon]

What has become obvious to me is that getting into alts is now easy. Getting back into FIAT is a major bottleneck. The problem is that alts are about as useful as a rubber crutch in a swamp to most people in the real world who have never heard of them and, in the first world, the Joes and Janes who see little need for them. Good question to ask..Why bother with btc or any alt ?
I got into btc because I wanted a way to get past idiot IP address restrictions when trying to sign up for a VPN service from outside my home country. I  travel  and want to be able to access my funds without the expense, restrictions, inconvenience and robotic policies and procedures of banks, PayPal and money changers. I also deeply resent the idea that a bank can close an account because btc transactions are identified. That kind of policy encourages the search for alternatives.
I've posted before to ask how the family with no access to smartphones, Wi-Fi, secure Internet or an online exchange can spend the pretty little btc or alt coins sent to them by a hardworking relative in first world country. Get them a btc/VRC debit card. ATMs are ubiquitous. Problem solved. No need to go to a kiosk or scratch a card.
I believe that FIAT is not going away anytime soon. There's room for multiple systems to exist.  I believe we have to work alongside existing systems, integrate with them and improve them. A debit card is an obvious first step. Competition is already stepping up.
It's early days. Someone is going to come up with a card that is really competitive and attractive and it will take off. Maybe Chinese RMB base on Union Card and no USD?
Not the complete solution but a very significant step towards wider adoption. I'm an example of someone who will use crypto by choice even though I have easy access to credit cards, PayPal, OK Pay, bank accounts etc . No geeks, no nerds, no purist fundamentalists. Just  "Hey, I can spend this stuff anywhere,anytime."
I have no real idea if there could ever be a fully decentralised, autonomous FIAT / Crypto currency exchange but, if there is, the debit card could be loaded with almost any currency and then.....well, just imagine. Can we say there will never be a wallet in which we can hold multiple Alts and FIAT and exchange between them? What about when nations introduce their own digital currencies? What about if existing ATM networks begin to accept alts direct for exchange?
Next time someone like Gran asks "but what can I do with it?", if you can't say "spend it" you still have some work to do.
 I think the devs are chasing a good idea here and I wish them success with it. I agree the trustworthiness of Coinsis is yet to be confirmed. It's understandable that people are cynical. We have seen scam coins, scam exchanges and scam scams and don't want to experience a scam card. So, reasonably enough people want reassurances about any service being offered.
Sorry I couldn't find a shorter way to say all that. Will shut up now.

[barabbas]

That was a veri good hangout out session.

Doug Ty. I learned a lot from it regarding how coins function as to how I thought I previously knew.  

A well Deserved Applause at the end to.

Still nobody want to realize of the evident? Every time dev # or dev #2 (in this case it is almost a daily occurrence), opens their mouth the price takes a hit. Why do you think that is? Oh I'll tell you why that happens: Because they have absolutely nothing of substance to say. Or worse: What they say is so utterly ridiculous that the effects are, ALWAYS, counter-productive.

As I have stated before many time: Keep your mouth totally shut. And open them ONLY when there's something ob substance to be said. That goes for interviews too. And, above all, before you say anything, think, reflect, study, ASK FOR GUIDANCE and finally say just whaty you should know by then it is appropriate and STICK TO IT and ONLY to it.

Once again, like talking to the freaking wall...

[MAD945]

That was a veri good hangout out session.

Doug Ty. I learned a lot from it regarding how coins function as to how I thought I previously knew.  

A well Deserved Applause at the end to.

Still nobody want to realize of the evident? Every time dev # or dev #2 (in this case it is almost a daily occurrence), opens their mouth the price takes a hit. Why do you think that is? Oh I'll tell you why that happens: Because they have absolutely nothing of substance to say. Or worse: What they say is so utterly ridiculous that the effects are, ALWAYS, counter-productive.

As I have stated before many time: Keep your mouth totally shut. And open them ONLY when there's something ob substance to be said. That goes for interviews too. And, above all, before you say anything, think, reflect, study, ASK FOR GUIDANCE and finally say just whaty you should know by then it is appropriate and STICK TO IT and ONLY to it.

Once again, like talking to the freaking wall...

Jesus Babrabbas...why dont you take your own advice!

[ereborltc]

That was a veri good hangout out session.

Doug Ty. I learned a lot from it regarding how coins function as to how I thought I previously knew.  

A well Deserved Applause at the end to.

Still nobody want to realize of the evident? Every time dev # or dev #2 (in this case it is almost a daily occurrence), opens their mouth the price takes a hit. Why do you think that is? Oh I'll tell you why that happens: Because they have absolutely nothing of substance to say. Or worse: What they say is so utterly ridiculous that the effects are, ALWAYS, counter-productive.

As I have stated before many time: Keep your mouth totally shut. And open them ONLY when there's something ob substance to be said. That goes for interviews too. And, above all, before you say anything, think, reflect, study, ASK FOR GUIDANCE and finally say just whaty you should know by then it is appropriate and STICK TO IT and ONLY to it.

Once again, like talking to the freaking wall...

Jesus Babrabbas...why dont you take your own advice!

no ones listening... the way you talk no one wants to bother with you..good ideas or bad ideas doesn't matter, you come across rude and disrespectful..dont u get it by now... you ARE talking to a wall...

[barabbas]

That was a veri good hangout out session.

Doug Ty. I learned a lot from it regarding how coins function as to how I thought I previously knew.  

A well Deserved Applause at the end to.

Still nobody want to realize of the evident? Every time dev # or dev #2 (in this case it is almost a daily occurrence), opens their mouth the price takes a hit. Why do you think that is? Oh I'll tell you why that happens: Because they have absolutely nothing of substance to say. Or worse: What they say is so utterly ridiculous that the effects are, ALWAYS, counter-productive.

As I have stated before many time: Keep your mouth totally shut. And open them ONLY when there's something ob substance to be said. That goes for interviews too. And, above all, before you say anything, think, reflect, study, ASK FOR GUIDANCE and finally say just what you should know by then it is appropriate and STICK TO IT and ONLY to it.

Once again, like talking to the freaking wall...

Jesus Babrabbas...why dont you take your own advice!

no ones listening... the way you talk no one wants to bother with you..good ideas or bad ideas doesn't matter, you come across rude and disrespectful..dont u get it by now... you ARE talking to a wall...

Simply amazing: Neither you, nor the other three (total) useless cheerleaders that keep on posting inanities day after day, hour after hour here, in spite of insisting that they want to only read what other cheerleaders post, as in veritalk, get that you are four (total) and that the vast majority of people with a deep or passing interest in Vericoin has absolutely no interest whatsoever in listening to your constant and mindless "support" (propaganda, rather).

Now, keep on asking for censorship, as you do 10 times a day, but here, where there's none -nor is wanted, of course- instead of going where you rightfully belong. Get this: You are 4 cheerleaders and 3 stooges, ok?

Simply amazing...

[ereborltc]

That was a veri good hangout out session.

Doug Ty. I learned a lot from it regarding how coins function as to how I thought I previously knew.  

A well Deserved Applause at the end to.

Still nobody want to realize of the evident? Every time dev # or dev #2 (in this case it is almost a daily occurrence), opens their mouth the price takes a hit. Why do you think that is? Oh I'll tell you why that happens: Because they have absolutely nothing of substance to say. Or worse: What they say is so utterly ridiculous that the effects are, ALWAYS, counter-productive.

As I have stated before many time: Keep your mouth totally shut. And open them ONLY when there's something ob substance to be said. That goes for interviews too. And, above all, before you say anything, think, reflect, study, ASK FOR GUIDANCE and finally say just what you should know by then it is appropriate and STICK TO IT and ONLY to it.

Once again, like talking to the freaking wall...

Jesus Babrabbas...why dont you take your own advice!

no ones listening... the way you talk no one wants to bother with you..good ideas or bad ideas doesn't matter, you come across rude and disrespectful..dont u get it by now... you ARE talking to a wall...

Simply amazing: Neither you, nor the other three (total) useless cheerleaders that keep on posting inanities day after day, hour after hour here, in spite of insisting that they want to only read what other cheerleaders post, as in veritalk, get that you are four (total) and that the vast majority of people with a deep or passing interest in Vericoin has absolutely no interest whatsoever in listening to your constant and mindless "support" (propaganda, rather).

Now, keep on asking for censorship, as you do 10 times a day, but here, where there's none -nor is wanted, of course- instead of going where you rightfully belong. Get this: You are 4 cheerleaders and 3 stooges, ok?

Simply amazing...

since your prob glued to your screen waiting for a reply ill play with you since you seem lonely,
but its always the same usual drunken rant... proving everyone right ... your not wanted in the cheerleader group , get it?
why so much effort? aren't you tiered ? lol

[barabbas]

That was a veri good hangout out session.

Doug Ty. I learned a lot from it regarding how coins function as to how I thought I previously knew.  

A well Deserved Applause at the end to.

Still nobody want to realize of the evident? Every time dev # or dev #2 (in this case it is almost a daily occurrence), opens their mouth the price takes a hit. Why do you think that is? Oh I'll tell you why that happens: Because they have absolutely nothing of substance to say. Or worse: What they say is so utterly ridiculous that the effects are, ALWAYS, counter-productive.

As I have stated before many time: Keep your mouth totally shut. And open them ONLY when there's something ob substance to be said. That goes for interviews too. And, above all, before you say anything, think, reflect, study, ASK FOR GUIDANCE and finally say just what you should know by then it is appropriate and STICK TO IT and ONLY to it.

Once again, like talking to the freaking wall...

Jesus Babrabbas...why dont you take your own advice!

no ones listening... the way you talk no one wants to bother with you..good ideas or bad ideas doesn't matter, you come across rude and disrespectful..dont u get it by now... you ARE talking to a wall...

Simply amazing: Neither you, nor the other three (total) useless cheerleaders that keep on posting inanities day after day, hour after hour here, in spite of insisting that they want to only read what other cheerleaders post, as in veritalk, get that you are four (total) and that the vast majority of people with a deep or passing interest in Vericoin has absolutely no interest whatsoever in listening to your constant and mindless "support" (propaganda, rather).

Now, keep on asking for censorship, as you do 10 times a day, but here, where there's none -nor is wanted, of course- instead of going where you rightfully belong. Get this: You are 4 cheerleaders and 3 stooges, ok?

Simply amazing...

since your prob glued to your screen waiting for a reply ill play with you since you seem lonely,
but its always the same usual drunken rant... proving everyone right ... your not wanted in the cheerleader group , get it?
why so much effort? aren't you tiered ? lol

First of all, a lesson, since you are obviously illiterate: "Your" is an adjective which has nothing to do with the verb temp that is "You are" and it's contraction, "you're". Learn that and you will hide your evident shortcoming. It will serve you well.

Second of all, I would never be a cheerleader and, if I were, first order would be to kick the fat one -you, dear child-, to the curve.

Finally, not even by accident or any other circumstance I would be entangled with anything remotely connected with you, one of the most useless handles I have ever seen on the internet... and I have seen loads of them.

Yes, now please, please, please, get back with yet another illiterate, senseless, stupid as a hammer post because I am indeed waiting in desperation for it. Just like a drug hook...

Some levels of idiocy are impossible to even fathom, not even in illiterate individuals, as the case, evidently, is.