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Author Topic: #bitcoin is  (Read 2817 times)
World
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July 07, 2012, 10:21:54 AM
 #1

What is Bitcoin in word a list?
-- Divisible.
-- Fungible.
-- Value dense.
-- Recognizable.
-- Durable.
-- Zero counter-party risk.
-- Stable in supply, yet minable.
-- Liquid.
-- International.
-- Non-manipulatable. (Non-centralized.)
-- Non-confiscatable.
-- Accounts cannot be frozen.
-- Anonymity is possible.
-- Electronically transferrable.

Supporting people with beautiful creative ideas. Bitcoin is because of the developers,exchanges,merchants,miners,investors,users,machines and blockchain technologies work together.
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July 08, 2012, 10:11:57 AM
 #2

-- non reversible
-- virtually can't be counterfeited
-- open
-- honest
-- voluntary

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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Affordable Physical Bitcoins - Denarium.com


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July 08, 2012, 05:55:29 PM
 #3

-- epic

(sorry, had to Cheesy)

Denarium - Leading Physical Bitcoin Manufacturer - Special Xmas deals now live!
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July 08, 2012, 05:58:29 PM
 #4

-- a plethora of knowledge and opportunity

“First they ignore you, then they laugh at you, then they fight you, then you win.”  -- Mahatma Gandhi

Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
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July 08, 2012, 06:01:26 PM
 #5

-- gay

:3
Stephen Gornick
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July 09, 2012, 05:27:18 AM
 #6

- incorruptable

The most important word of all the ones offered in this thread though is:

-- open

I just watched a video of a TED Talk by Don Tapscott titled "Four Principles of Openness".

1. Collaboration (bitcoin is an open software that is used to transact using an open protocol)
2. Transparency (open source, open community (dev mailing list, IRC, etc, all transparent)
3. Sharing (intellectual property from competing projects, e.g., armory is shared freely and adopted across projects, alternative currencies welcomed in the forum (in appropriate subcategory), et.c)
4. Empowerment (bicoin.org project uses open repository -- anyone can report issues, request enhancements, submit patches, etc., has no organization body that might restrict individuals or groups. Free (and encouraged) to pursue endeavors which result in economic gain.

He explains how the move to openness is threatening (as is seen in resistance to bitcoin generally from those it threatens the most -- those entrenched in or profiting from the current political and financial environment).

Tapscott describes how the move to openness is necessary though, for survival because eventually "the cost of staying where you are becomes greater than the cost of moving to something different.  Perhaps to something radically different."

 - http://www.youtube.com/watch?v=jfqwHT3u1-8

Matthew N. Wright
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July 09, 2012, 05:29:37 AM
 #7

-improperly represented by spergs

Bitcoin Oz
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Wat


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July 09, 2012, 05:39:45 AM
 #8

-improperly represented by spergs

Im not happy you use that word in the context of insulting people.


Matthew N. Wright
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July 09, 2012, 05:44:35 AM
 #9

-improperly represented by spergs

Im not happy you use that word in the context of insulting people.

Quote
Asperger syndrome (AS), also known as Asperger's syndrome or Asperger disorder, is an autism spectrum disorder (ASD) that is characterized by significant difficulties in social interaction, alongside restricted and repetitive patterns of behavior and interests.

I'm not happy that what I said is true.

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July 09, 2012, 12:51:51 PM
 #10

--independent (of the bank and politics)

Supporting people with beautiful creative ideas. Bitcoin is because of the developers,exchanges,merchants,miners,investors,users,machines and blockchain technologies work together.
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Firstbits: 1pirata


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July 09, 2012, 12:55:30 PM
 #11


BTCitcoin: An Idea Worth Saving - Q&A with bitcoins on rugatu.com - Check my rep
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July 10, 2012, 05:26:49 AM
 #12


- more than just a currency
- global
- an invention, the greatest one of the 21st century

from wikipedia:
Quote
An invention is a unique or novel device, method, composition or process. It may also be an improvement upon a machine or product, or alternate means of achieving a process. An invention that is not derived from an existing model or idea, or that achieves a completely unique function or result, may be a radical breakthrough.

You guys have really come up with somethin'
World
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July 10, 2012, 09:53:14 PM
 #13

--is more hidable and portable than metals

Supporting people with beautiful creative ideas. Bitcoin is because of the developers,exchanges,merchants,miners,investors,users,machines and blockchain technologies work together.
AmazonStuff
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July 10, 2012, 09:57:51 PM
 #14

-- revolutionary
World
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July 11, 2012, 12:30:49 PM
 #15

--untraceable

Supporting people with beautiful creative ideas. Bitcoin is because of the developers,exchanges,merchants,miners,investors,users,machines and blockchain technologies work together.
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July 11, 2012, 01:33:32 PM
 #16

Quote
-- Non-manipulatable. (Non-centralized.)

orly? just like gold n silver? people will just buy bitcoin contracts like they now buy gold/silver contracts, buying and selling bitcoins that don't exist...

14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
World
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July 12, 2012, 08:30:44 PM
 #17

--impossible to regulate or control
--free speech

Supporting people with beautiful creative ideas. Bitcoin is because of the developers,exchanges,merchants,miners,investors,users,machines and blockchain technologies work together.
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July 13, 2012, 03:49:16 AM
 #18

-- looking bullish BUY BUY BUY

I recommend asking me for a signature from my GPG key before doing a trade. I will NEVER deny such a request.
World
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July 25, 2012, 03:16:24 PM
 #19

What is Bitcoin in 15 Seconds

Supporting people with beautiful creative ideas. Bitcoin is because of the developers,exchanges,merchants,miners,investors,users,machines and blockchain technologies work together.
Taz
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July 25, 2012, 07:34:03 PM
 #20

- Newfangled jibber jabber
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