Notices tagged with bitcoin
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Libros Indispensables #Bitcoin
https://quitter.no/url/1473898
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@kaniini @bob @deadsuperhero yes, people routinely use burner cell phone to do all those things and more, but not for #BitCoin, for cash.
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@bob @deadsuperhero @kaniini then very publicly smash #TheSilkRoad, a warning shot to #BitCoin dissenters with sovereign citizen aspirations
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@bob @deadsuperhero @kaniini I think there was a strategy to publicly associate #BitCoin with #TheSilkRoad and organised crime in general
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Si tienes un Raspberry Pi puedes jugar a la lotería del #Bitcoin
https://quitter.no/url/1401915
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#Bitcoin now accepted for #TALOSII preorders. Order your secure, owner-controlled POWER9 machine today at https://raptorcs.com/TALOSII/ !
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@maiyannah @bob #BitCoin seems to have worked out that way, but I'm not sure that's inherent to blockchain. What about #FairCoin?
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.@skyeelijah came to #LibrePlanet to talk about #bitcoin, #blockchain, and what they mean for the future. https://u.fsf.org/26v
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@notjeff thanks for the tip. Looking at the homepage it looks pretty much the same as #BitCoin. Got good links to more detail on its design?
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@strypey @jeffcliff #Bitcoin failed mainly because of its bad design, which resulted in it only being a speculator's toy. My acid test for any currency is that if I can't purchase basic foodstuffs with it then it's of little use to me. Since there is no incentive to spend Bitcoin due to its design then it becomes irrelevant quite quickly.
Any viable cryptocurrency needs to be spendable. That is, there needs to be not much utility in holding onto it for very long and it needs to be creatable at the point of exchange.
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@jeffcliff #BitCoin is looking unlikely to replace cash or Credit/ Debit cards any time soon. @mjd and I have given you a few reasons why
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@jeffcliff we are talking about *cash*. Changing the subject might help you win arguments but it doesn't magically make #BitCoin more useful
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@jeffcliff my point is there's no guarantee #BitCoin can be used for such things, the state *guarantees* fiat can (which is why "fiat")
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@jeffcliff who accepted taxes in #BitCoin?
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@jeffcliff 2008 was not a crash in the value of currencies, but in the value of speculative assets. Guess what kind of asset #BitCoin is?
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@jeffcliff fiat currencies are the ones you can buy real stuff with, settle debts, pay taxes. Compared to them #BitCoin is foam
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@jeffcliff and regular catastrophic events like Hearn's departure from #BitCoin or the #Ethereum hard fork. Fiat cash does not have this
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@jeffcliff Fiat currency values are variable, yes, but they don't vary as much or as fast as #BitCoin, which makes it useless to retailers
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@jeffcliff #BitCoin is useful for things like #WikiLeaks and #SilkRoad but these are a small subset of the larger set of use cases for cash
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@mjd @jeffcliff key point: #BitCoin becoming useful as online cash is not just a matter of time and adoption. There are structural problems
victorhck
Danyl Strype
Raptor Engineering, LLC
Free Software Foundation
Bob Mottram
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