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Author Topic: 2012-07-10 arstechnica.com - PayPal sets down stricter regulations for file...  (Read 1282 times)
thomkaufmann (OP)
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July 11, 2012, 04:32:16 AM
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Bitcoin is only mentioned as the final word in this brief article but it links to an earlier Ars Technica article about Bitcoin.

PayPal sets down stricter regulations for file-sharing sites
http://arstechnica.com/business/2012/07/paypal-sets-down-stricter-regulations-for-file-sharing-sites/
Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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July 11, 2012, 11:53:03 AM
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This is, I think, a big deal.  As traditional online payment processors pull away from stuff like this, it's going to leave a pretty big hole for new payment processors to come in a fill, and what better to fill it than an unseizable, potentially anonymous, purely digital, distributed currency.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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July 11, 2012, 08:06:45 PM
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This is, I think, a big deal.  As traditional online payment processors pull away from stuff like this, it's going to leave a pretty big hole for new payment processors to come in a fill, and what better to fill it than an unseizable, potentially anonymous, purely digital, distributed currency.

You think Bitcoin is the answer? But what about mountain hours?

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
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July 11, 2012, 10:09:00 PM
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This is, I think, a big deal.  As traditional online payment processors pull away from stuff like this, it's going to leave a pretty big hole for new payment processors to come in a fill, and what better to fill it than an unseizable, potentially anonymous, purely digital, distributed currency.

You think Bitcoin is the answer? But what about mountain hours?

I prefer Cliff Minutes.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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