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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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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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R2D221
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October 18, 2014, 04:12:34 AM |
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The problem is that it will be forgotten as a funny anecdote (at least for people who are not supporting Bitcoin right now).
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An economy based on endless growth is unsustainable.
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Spoetnik
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Activity: 1540
Merit: 1011
FUD Philanthropist™
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October 18, 2014, 04:40:35 AM |
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good points !
Bitcoin would not have had this problem.. an interesting story too
i wonder what his credit limit is ?
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FUD first & ask questions later™ |
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Daniel91
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Activity: 3374
Merit: 1824
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October 18, 2014, 11:21:50 AM |
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good points !
Bitcoin would not have had this problem.. an interesting story too
i wonder what his credit limit is ?
It seems bankers are republicans and don't like Obama  Any way, this is good example why is better to have decentralized money, and avoid ''middle man'', banks. |
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EFS
Staff
Legendary
 Online
Activity: 3724
Merit: 2078
Crypto Swap Exchange
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October 18, 2014, 11:35:58 AM |
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Obama is using credit card, really? Our politicians never pay for anything. They even get paid for eating there. |
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chennan
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Activity: 1316
Merit: 1004
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October 18, 2014, 11:42:37 AM |
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good points !
Bitcoin would not have had this problem.. an interesting story too
i wonder what his credit limit is ?
but bitcoin offers credit to bicoiners who can't spend from nothing. The beaty of using bitcoin is that it is under the control of your hands without being arbitrarily charged. |
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catecoco
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October 18, 2014, 12:57:15 PM |
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Obama is using credit card, really? Our politicians never pay for anything. They even get paid for eating there. Where are you from ? ....so nice country! |
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runam0k
Legendary
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Activity: 1092
Merit: 1001
Touchdown
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October 18, 2014, 03:23:30 PM |
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Obama's credit card declined, Bernake failing to refi his mortgage, what next?  |
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Bit_Happy
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Activity: 2100
Merit: 1040
A Great Time to Start Something!
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October 18, 2014, 03:51:25 PM |
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"“Apparently they thought there was some fraud going on,” Mr. Obama joked at a meeting Friday..." ^^^ Now he's getting closer to the truth Obama's credit card declined, Bernake failing to refi his mortgage, what next? Did the restaurant hold his ID and make him come back later to pay? |
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JLynn171
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October 18, 2014, 03:54:03 PM |
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I was under the assumption the President got everything for free lol I never pictured the President having to buy anything, much less his credit not being good...
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Lauda
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Activity: 2674
Merit: 2965
Terminated.
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October 18, 2014, 03:56:33 PM |
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And now the question remains, how does one not see the benefits of using Bitcoin?
I always get a bit worried when I'm far away with no cash and trying to pay for a load of stuff using CC..
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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faince222
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October 18, 2014, 05:13:13 PM |
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someone have to said to Obama that if he had used bitcoin, he hadn't have this problem ! Anyway, is ridicolous that someone denied a payment to the powerful man of world and president of US !
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FattyMcButterpants
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October 18, 2014, 05:16:00 PM |
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Obama is using credit card, really? Our politicians never pay for anything. They even get paid for eating there. It is very rare that any politician will every pay for a meal as they often will eat at fundraisers when people that attend the fundraiser will pay thousands of dollars to eat with the politician. Obama has shown to be one of the more corrupt politicians (plus him being from the most corrupt city - Chicago) would lead me to believe that he participates in this kind of fundraising more often then most other politicians. He either made up the story or for some unknown reason decided it was time to pay for something himself |
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Velkro
Legendary
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Activity: 2296
Merit: 1014
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October 18, 2014, 05:16:59 PM |
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Bankers are not only evil, they sometimes keep your money safe, better than bitcoin.
Its truth :/, sadly...
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uininPeter
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October 18, 2014, 05:18:55 PM |
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but bitcoin offers credit to bicoiners who can't spend from nothing. The beaty of using bitcoin is that it is under the control of your hands without being arbitrarily charged.
Obviously mr. president have no problem creating more debts. |
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runam0k
Legendary
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Activity: 1092
Merit: 1001
Touchdown
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October 18, 2014, 07:04:29 PM |
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Bankers are not only evil, they sometimes keep your money safe, better than bitcoin.
Its truth :/, sadly...
Nothing to do with keeping it safe, rather they are trying to limit their own costs/liabilities in respect of the massive amount of cc fraud that occurs daily that would be virtually impossible with Bitcoin. Besides, they don't keep your money safe. They promptly lend it out and/or gamble with it. |
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malaimult
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October 18, 2014, 07:21:37 PM |
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just recently my credit card was locked because my bank decided that my recent transactions to circle.com were suspicious. i had to call them in order to get it unlocked. no notification was sent to me and i only discovered this after trying to make a purchase at a store. very embarassing and frustrating that i have to deal with this despite already paying them all those "banking service" fees!!!
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bitsmichel
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October 18, 2014, 07:31:25 PM |
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someone have to said to Obama that if he had used bitcoin, he hadn't have this problem ! Anyway, is ridicolous that someone denied a payment to the powerful man of world and president of US !
Bankers are more powerful than our president. |
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Beliathon
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October 18, 2014, 07:34:35 PM |
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I was under the assumption the President got everything for free lol I never pictured the President having to buy anything, much less his credit not being good...
He's a president, not a king. Or at least, that's how it's supposed to be...  I swear there used to be a difference.. Bankers are more powerful than our president.
Well yeah, they're his boss. |
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redsn0w
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Activity: 1778
Merit: 1042
#Free market
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October 18, 2014, 07:36:59 PM |
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Another thing for choose to use bitcoin ! Thanks @satoshi  . |
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