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runpaint
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January 30, 2015, 01:23:47 AM |
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The average guy living in a sewer in Equatorial Guinea isn't going to care too much about the future of economics.
He may not care about economics, but economics might be able to tell us why he's living in a sewer in the richest country in Africa. Most people would want to give him money; but all he needs is to be allowed to have money. Real money that has real value. Not something reversible, centrally controlled, and worth less every year. That's part of the reason he's in the sewer. |
GoldenCryptoCommod.com
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Q7
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January 30, 2015, 11:36:24 AM |
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I think he's more like hinting the inadequacies observed in bitcoin. He believes bitcoin or specifically the blockchain is the future of payment currency but something needs to be done to improve the system for it to become a world wide adoption.
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Madness
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January 30, 2015, 11:42:36 AM |
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What digital currency is he using if he's not using bitcoin? well ... Bill gates got a point on his point of view here , but I don't think he is using any other Cryptoo/Digital Currencies since basically all of them have a value that goes up and down and he is against that ... if I should choose I would say maybe Stellar ? But he is totally right, poor people can't afford such a thing as Bitcoin since it's UP and sometimes Down ... ~ Madness |
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hashman
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January 30, 2015, 12:11:54 PM |
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Is there a bigger poster boy for selling out?
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homeless hacker (OP)
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January 30, 2015, 03:18:55 PM |
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I think he's more like hinting the inadequacies observed in bitcoin. He believes bitcoin or specifically the blockchain is the future of payment currency but something needs to be done to improve the system for it to become a world wide adoption.
I would agree with you here. It appears he wants the system to become more advanced and evolved. |
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God27
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The 4th industrial revolution!
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January 30, 2015, 04:30:24 PM |
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What digital currency is he using if he's not using bitcoin? well ... Bill gates got a point on his point of view here , but I don't think he is using any other Cryptoo/Digital Currencies since basically all of them have a value that goes up and down and he is against that ... if I should choose I would say maybe Stellar ? But he is totally right, poor people can't afford such a thing as Bitcoin since it's UP and sometimes Down ... ~ Madness I don't see why anyone would pick stellar...? |
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gentlemand
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Welt Am Draht
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January 30, 2015, 07:45:19 PM |
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There's zero reason for him to enrich a bunch of people who developed and hoard an existing product. He'll just start from scratch.
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hashman
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January 31, 2015, 03:16:05 AM |
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There's zero reason for him to enrich a bunch of people who developed and hoard an existing product. He'll just start from scratch.
I'll keep an eye out in the Announcement category. |
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wadili89
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January 31, 2015, 03:18:46 AM |
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What digital currency is he using if he's not using bitcoin? he is already using bitcoins as microsoft acceptiong bitcoins now at the moment they are acceptiong bitcoins for US users only i hope they will accept bitcoins for all over the world |
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homeless hacker (OP)
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January 31, 2015, 03:25:04 AM |
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What digital currency is he using if he's not using bitcoin? he is already using bitcoins as microsoft acceptiong bitcoins now at the moment they are acceptiong bitcoins for US users only i hope they will accept bitcoins for all over the world Good observation. Bill Gates dips into btc daily. Awesome stuff we have here. |
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CoinCidental
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Si vis pacem, para bellum
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January 31, 2015, 03:52:36 AM |
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Bill Gates will never support or get behind bitcoin because he has very little control over it
He has said before he is working on a digital payment system for the third world but let's be honest, he wants a bill Gates coin, not a bitcoin
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homeless hacker (OP)
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January 31, 2015, 03:56:56 AM |
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Bill Gates will never support or get behind bitcoin because he has very little control over it
He has said before he is working on a digital payment system for the third world but let's be honest, he wants a bill Gates coin, not a bitcoin
Source? I would love to read up on this digital payment system you speak of in which Gates spoke on. |
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fryarminer
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January 31, 2015, 06:08:24 AM |
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So how is he going to provide stability for his altcoin? Give it a fake value? Never put it on an exchange?
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hashman
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January 31, 2015, 11:48:28 AM |
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So how is he going to provide stability for his altcoin? Give it a fake value? Never put it on an exchange?
Putting a backdoored wallet on every new computer as it leaves the factory. |
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thebitcoinquiz.com
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January 31, 2015, 12:42:40 PM |
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I just calculated and got a fact that right now bill gates can buy all the possible bitcoins in the world with only his 10-15% of wealth. Isn't it amazing? |
Stay hungry. Stay foolish.
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fryarminer
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January 31, 2015, 01:56:21 PM |
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I just calculated and got a fact that right now bill gates can buy all the possible bitcoins in the world with only his 10-15% of wealth. Isn't it amazing? Good luck with that, he isn't getting mine! |
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thebitcoinquiz.com
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January 31, 2015, 02:00:50 PM |
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I just calculated and got a fact that right now bill gates can buy all the possible bitcoins in the world with only his 10-15% of wealth. Isn't it amazing? Good luck with that, he isn't getting mine! Well he can have them if he wants to. He will make you an offer that you wont be able to resist  |
Stay hungry. Stay foolish.
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God27
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The 4th industrial revolution!
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January 31, 2015, 02:55:36 PM |
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So how is he going to provide stability for his altcoin? Give it a fake value? Never put it on an exchange?
He can simply make an IOU on the ripple network and try to control the volatility himself by pegging it to something more stable. Or he might not even need to control it if he makes it ugly to bitcoiners. For example, there's no mining, its distributed, and no hard cap on the amount of coins which his organization holds all of it at first. |
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girb16
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January 31, 2015, 05:41:31 PM |
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I don't think Bill Gates is telling us everything. You can be sure he is cooking-up another idea or two to put himself in front of the pack!
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bitcoin_bagholder
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February 01, 2015, 01:46:55 AM |
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So how is he going to provide stability for his altcoin? Give it a fake value? Never put it on an exchange?
He can simply make an IOU on the ripple network and try to control the volatility himself by pegging it to something more stable. Or he might not even need to control it if he makes it ugly to bitcoiners. For example, there's no mining, its distributed, and no hard cap on the amount of coins which his organization holds all of it at first. This is what he would do. Pegged to national currencies, but what about unstable national currencies? |
Bitmixer sucks
Bit-X sucks
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