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.
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.
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.
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.
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.
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.
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.