Phinnaeus Gage (OP)
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Bitcoin: An Idea Worth Spending
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February 29, 2012, 07:30:40 PM |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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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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Elwar
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Viva Ut Vivas
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February 29, 2012, 07:33:31 PM |
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Not only did he ok it. He encourages its use by discouraging the use of the US dollar (by decreasing its value): http://www.cnbc.com/id/46571276
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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Phinnaeus Gage (OP)
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Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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February 29, 2012, 11:35:36 PM |
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shakaru
Sr. Member
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Activity: 406
Merit: 250
QUIFAS EXCHANGE
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March 01, 2012, 12:42:12 AM |
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Yes. Yes he did
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Phinnaeus Gage (OP)
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Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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March 01, 2012, 04:05:08 AM |
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Yes. Yes he did
Therefore, it's now against the law to not use Bitcoin as a payment options.
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Raoul Duke
aka psy
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March 01, 2012, 04:17:26 AM |
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Like I needed his permission...
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Phinnaeus Gage (OP)
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Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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March 01, 2012, 04:21:01 AM |
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Like I needed his permission...
Love your new avatar and tag line. (rid the "of"?)
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matonis
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March 01, 2012, 04:11:08 PM |
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Yes. Yes he did
Therefore, it's now against the law to not use Bitcoin as a payment options. +1 Agreed. Ron Paul is so sick of hearing the B.S. answers from "Sad Princeton Ben" that he just uses his entire 5 minutes now to lecture and get something about this criminal theft recorded in history.
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DublinBrian
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March 01, 2012, 05:26:47 PM |
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Did Ben Bernanke just ok'd the use of Bitcoin? Not quite. Watch the video again. He chose his words very carefully. Its also perfectly fine to hold other currencies, euros, yen or whatever else Youre allowed to "hold" alternative currencies, but he didnt say you can issue, circulate, transmit, transact or trade in alternative currencies. Bernard Von Nothaus found out the hard way, when he issued Liberty Dollars, that the government has a very strong dislike of alternative currencies. He was charged with terrorism offences.
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Piper67
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Merit: 1001
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March 01, 2012, 05:29:51 PM |
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Did Ben Bernanke just ok'd the use of Bitcoin? Not quite. Watch the video again. He chose his words very carefully. Its also perfectly fine to hold other currencies, euros, yen or whatever else Youre allowed to "hold" alternative currencies, but he didnt say you can issue, circulate, transmit, transact or trade in alternative currencies. Bernard Von Nothaus found out the hard way, when he issued Liberty Dollars, that the government has a very strong dislike of alternative currencies. He was charged with terrorism offences. No, the issue with Liberty Dollars was that they were called dollars and looked a bit like US dollars. There's absolutely nothing illegal in the US (and clearly not in other jurisdictions) with using any alternate currencies at all. Legal tender means that, where there is a debt and one party wants to settle it in US dollars, the other party cannot refuse and claim the debt is unsettled... that's all. This entire argument about the legality of Bitcoin is nothing but a wild goose chase.
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cypherdoc
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Activity: 1764
Merit: 1002
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March 01, 2012, 05:47:20 PM |
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Did Ben Bernanke just ok'd the use of Bitcoin? Not quite. Watch the video again. He chose his words very carefully. Its also perfectly fine to hold other currencies, euros, yen or whatever else Youre allowed to "hold" alternative currencies, but he didnt say you can issue, circulate, transmit, transact or trade in alternative currencies. Bernard Von Nothaus found out the hard way, when he issued Liberty Dollars, that the government has a very strong dislike of alternative currencies. He was charged with terrorism offences. No, the issue with Liberty Dollars was that they were called dollars and looked a bit LOT like US dollars. There's absolutely nothing illegal in the US (and clearly not in other jurisdictions) with using any alternate currencies at all. Legal tender means that, where there is a debt and one party wants to settle it in US dollars, the other party cannot refuse and claim the debt is unsettled... that's all. This entire argument about the legality of Bitcoin is nothing but a wild goose chase.
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