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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Chef Ramsay
Legendary
Offline
Activity: 1568
Merit: 1001
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May 19, 2014, 01:33:12 AM |
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The report specifically stated that Congress is interested in Bitcoin because of its effect on the ability of the “Federal Reserve to meet its objectives (of stable prices, : Fail maximum employment, : Fail and financial stability)” : Fail and discusses whether or not “Bitcoins {Will} Affect the Fed’s Conduct of Monetary Policy.” Bold is mine and Freakin-A-Right it's going to affect their failed mission. We want out of their failed slave box and there's not many credible things they can do to put the cat back in the bag.
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FutureMoneyTrends
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May 19, 2014, 03:00:00 AM |
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The report specifically stated that Congress is interested in Bitcoin because of its effect on the ability of the “Federal Reserve to meet its objectives (of stable prices, : Fail maximum employment, : Fail and financial stability)” : Fail and discusses whether or not “Bitcoins {Will} Affect the Fed’s Conduct of Monetary Policy.” Bold is mine and Freakin-A-Right it's going to affect their failed mission. We want out of their failed slave box and there's not many credible things they can do to put the cat back in the bag. Amen that Bitcoin Will End the Federal Reserve Currency Monopoly http://www.youtube.com/watch?v=bnGCtV4LcRk
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row5_seat47 (OP)
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May 19, 2014, 11:39:46 AM |
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surprised as to the lack of response by bitcointalk community on this article...
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row5_seat47 (OP)
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May 19, 2014, 10:16:20 PM |
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I've been watching your vids on Youtube for years.... Vision Victory right? Anyway let's do a count 120,780 "readers" on the Bitcoin sub Reddit 317,038 total members on BitcoinTalk. https://bitcointalk.org/index.php?action=mlisthence the surprise I guess.. last time I did a count was here: http://letstalkbitcoin.com/bitcoin-professionals-double-in-four-months/too bad though.. I counted the number of users on LinkedIn that listed Litecoin... it was so small at the time I dismissed Litecoin as an investment and for the article. Would have been an amazing buy in September... I think I just went off-topic.,,
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FutureMoneyTrends
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May 19, 2014, 10:36:25 PM |
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I've been watching your vids on Youtube for years.... Vision Victory right?
ya!
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erono
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May 20, 2014, 01:24:19 AM |
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Do US citizens have to declare their income and their holdings to the tax authorities ? No one actually holds bitcoin, merely a key which allows signing of transactions, would this key have to be declared ?
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fancy_pants
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May 20, 2014, 02:44:42 AM |
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Over the coming months, it will be interesting to see these masters of illusion reinvent themselves as the people who invented bitcoin.
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barney_stinson
Newbie
Offline
Activity: 85
Merit: 0
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May 20, 2014, 03:09:26 AM |
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But I always believed that the key is private information and it couldn't be disclosed to anyone. Am I right?
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row5_seat47 (OP)
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May 20, 2014, 03:24:14 AM |
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But I always believed that the key is private information and it couldn't be disclosed to anyone. Am I right?
that's up to you. If your government says "hand over your keys" or go to jail... what are you going to do? They made folks hand over gold. Some held onto their gold against the government's will. That's a choice you may have to make in a dystopian future. you could post your private key right now on this forum if you wanted to.... but say goodbye to your Bitcoins if you do!
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