Blog – opinions and experiences

I recently started the excellent full time web development bootcamp at Codeup. One of the main reasons I choose them is because I was able to pay in bitcoin!

I contacted the owner of a domain that I wanted to buy and he wanted to sell. We agreed on the price so all that was left was for me to send him the money and him to send me the domain in a way neither of us could get ripped off.

“First they ignore you, then they laugh at you, then they fight you, then you win.” Why and how governments and the financial system are fighting bitcoin and who will win.

Arm chair pundits theorize proposals to denominate bitcoins in a way that will make bitcoin amounts easier to think about and express, like bits. An industry of doers have decided mBTC is the solution.

There are no specific laws relating to gambling with bitcoin. As such we assume that gambling with bitcoins falls in the same legal category as gambling with government currency

These are the changes I want to see in the world that bitcoin allows me to live in my life today.

• No borders.
• No discrimination.
• Privacy & security.
• Free trade.
• No debt bondage or inflation.
• No tax to fund state terrorism.

The basic value proposition of bitcoin; nearly free and instant transactions of any amount, any time, between any 2 people with no way for a third party to block it is still amazing and not fully realized.

International Monetary Fund Managing Director Christine Lagarde is an important figure in the old, centralised, money as debt system. She answer 1 hour of questions from the public on the Australian Broadcasting Corporation’s Q&A.

If you are a bitcoiner it’s safe to say government agencies, hackers and extortionists might be interested. Your first and best line of defence is a VPN.

Bitcoin and free stuff are 2 of my 2 favorite things. So I am glad that by being actively involved in the bitcoin community I have been gifted great bitcoin related items.

The linguistic features used in e-communication by the international bitcoin community on popular internet forums. The raw data is drawn from the bitcoin sub-reddit and the Bitcointalk forum.

When money was limited by the amount of precious materials in existence governments had to tax citizens to fund the programs they wanted to pay for. This is no longer the case.

When I hired a freelance developer overseas I asked if he would accept payment in bitcoin. He agreed to give it a try and it was a huge win for us both. The minute his pay was due he got it instantly, with no fees, internationally!

If the bitcoin community stopped calling dollars, yen, euros, et cetera fiat currency and started calling them government currency people would more easily see the problems with these currencies and the advantages of the bitcoin solution.

For real change don’t fight the system, bypass the system. Do this by not voting, paying taxes or using banks and government currency.

I was not convinced to buy bitcoin until the 4th time I looked into it. But it was not until I actually used bitcoin that I realised why it was going to change the world.

Immigration laws, borders and citizenship are ways for people to deny other people rights that they themselves enjoy based on birthplace. This is irrelevant, unjust and counterproductive separation of people.

The main problems are

• Forces address reuse.
• Accepts weak passwords.
• Closed source.
• No 2FA.

There is no compromise for major change to bitcoin that 95% of the network will agree to. The only way to make meaningful improvements is to hard-fork. Can we accept that after the hard fork there will be 2 separate networks with different rules?

“we’ve been under DDoS since the first month we launched—over three years–yay. Plus we have put real fiat dollars into our lawyers’ pockets, to defend our customers from their own government.”

Supermodel Derek Zoolander, form the eponymous 2001 hit comedy, revealed In an interview with Vogue that his new favorite look is called bitcoin: “it’s completely virtual, but it’s very valuable, I don’t really understand it.”

Bitedge is the new name of the Bitcoin Betting Guide. Every bettor wants an edge and bitcoin plus this site is the best way to get one. “Bitcoin Betting Guide” was a literal description of the website whereas “Bitedge” is the essence of what we are about.

Directly tipping online content creators could be a powerful application for bitcoin giving websites a new income stream outside of the much hated display advertising and email marketing.

The best talks and presentations by bitcoin experts and rockstars of the bitcoin community. These talks that go in depth but are not technical or hard to understand.

I have just had the pleasure of attending the Melbourne Inside Bitcoins conference organised by Mecklermedia. It was a 2 day conference covering all areas of the bitcoin space. Most prominently regulation, start-ups and retail.

To celebrate the MIT Bitcoin Clubs distribution of $100 worth of bitcoin to all undergraduate students and to help you experience the benefits of bitcoin Bitedge would like to offer you 10 mBTC (~$5) for free via Nitrogen Sports.

GoCoin has decided not to accept Seedcoin Fund I investment despite Seedcoin having advertised and sold the fund as having GoCoin in it. This is a failure of Seedcoin management and an unintentional shafting of investors.

Tagger is a Canadian near field communication (NFC) company that make a physical bitcoin wallet that can be used for receiving bitcoins face to face and for storing and transporting bitcoins in a physical form.

Tonight I had the pleasure of attending another great Melbourne bitcoin meetup. Everyone has a project the are excited about, programmers and entrepreneurs from all backgrounds are forming new teams and building new bitcoin services and infrastructure.

Huntercoin is a human mineable crypto in the form of a game. Every move in the game is a transaction on the blockchain and the whole game state and protocol is stored on the blockchain rather than a game publishers centralised servers.

Because I make my income in bitcoin I have been looking forward to the day I could meet all my living costs with it. That day has arrived sooner than anyone expected!

There is a new bitcoin exchange about to launch in Australia going by the name of 21st Century Bitcoin Exchange. They also plan to operate 100 bitcoin ATMs in Australia and a mobile wallet. They seem very dodgy.

In a gold rush it’s the people selling pitchforks that get rich and with bitcoins the greatest profits are to be made by companies who solve problems for bitcoin users and add value with bitcoin services.