>> (p.1)
    Author Topic: Bitcoin is...  (Read 1626 times)

    • cbeast (OP)
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    Let's talk governance, lipstick, and pigs.


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    June 02, 2013, 07:37:25 PM
     #1
    Tell us how you really feel. Don't hold back. This is not a poll, it's catharsis. Be sincere. Be honest. Be brutal. If you don't feel anything really passionate to say, then say nothing and read feel what Bitcoin is to this community.
    Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.

  • mprep
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    In a world of peaches, don't ask for apple sauce


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    June 02, 2013, 07:39:29 PM
     #2
    Bitcoin is the idea that brings freedom to the people and me to happiness.

  • Jace
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    June 02, 2013, 07:46:06 PM
     #3
    Quote from: cbeast on June 02, 2013, 07:37:25 PM
    Bitcoin is...
    ...to money as internet and email were to information and communication.
    Feel free to send your life savings to 1JhrfA12dBMUhcgh85wYan6HL2uLQdB6z9

  • The Bitcoin Catalog
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    The Bitcoin Catalog ---> Get Started!


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    June 02, 2013, 10:10:28 PM
     #4
    Bitcoin is monetary freedom
    The Bitcoin Catalog: Second edition coming out in November! Click here for a  FREE pdf catalog!
    Follow us on twitter! @BTCcatalog

  • raze
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    June 02, 2013, 10:41:13 PM
     #5
    Bitcoin is going to be a success. Whether it succeeds on its own or through a successor, nobody knows, but it's set the bar higher than anything before it.
    BTC --16FPbgyUZdTm1voAfi26VZ3RH7apTFGaPm
    LTC -- Lhd3gmj84BWqx7kQgqUA7gyoogsLeJbCXb
    PPC -- PRpKGjgjNLFv8eR7VVv7jBaP8aexDFqk4C

  • eMansipater
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    June 02, 2013, 10:46:37 PM
     #6
    Bitcoin is the most amazing idea, with the most prickly community.  Don't worry, I love you guys!
    But sometimes, I shake my head.
    If you found my post helpful, feel free to send a small tip to 1QGukeKbBQbXHtV6LgkQa977LJ3YHXXW8B
    Visit the BitCoin Q&A Site to ask questions or share knowledge.
    0.009 BTC too confusing?  Use mBTC instead!  Details at www.em-bit.org or visit the project thread to help make Bitcoin prices more human-friendly.

  • yocko06
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    1Kgyk4nQSzb3Pm9E9vWiGVyJ6jpPwripKf


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    June 02, 2013, 11:47:12 PM
     #7
    genius!

  • No 1
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    Ad Infinitum Et Ultra


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    June 03, 2013, 12:09:54 AM
     #8
    revolutionary!
    12wqXQuExLnWoWWQy7j35hzBEW91bUz1YS
    LcbBQ5oXtTjyKK4V8iaDqgUAAtahv9nsHR

  • reg
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    June 03, 2013, 05:58:24 AM
     #9
    bitcoin restores full autonomy to each individual on the planet for the first time in human history. Its that big!
    The consequences of that are unknown but potentially revolutionary in that it could remove the current banking system, remove the current governments of nation states, remove despotic heads of rouge states and religions. I envisage a libertarian world of small co-operating communities where freedom is not just a word but a fact. and the surplus of each one after sustaining themselves and their community will go to the greater good of all. reg.

  • puffpuffpass
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    I'm nobody.


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    June 03, 2013, 10:12:40 AM
     #10
    bitcoin is a mysterious invention that many people are trying to exploit while fearing the inevitable fascist oppressive tyrannical strong arm that will inevitably crush it.
    I have a bitcoin address that anyone can send BTC too, so I'm going to post it
    on my sig because I think someone is going to randomly give me their BTC:
    1D37qouguK5rNh1mSZDocgVCvA2rxsAgLp Roll Eyes

  • vokain
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    June 03, 2013, 10:32:11 AM
     #11
    Bitcoin is...a seed. Many will cultivate it, some will exploit it, some will simply let it set there until a better growing season. In the end, its fruits will be born regardless Smiley

    Quote from: puffpuffpass on June 03, 2013, 10:12:40 AM

    more please!

  • puffpuffpass
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    June 03, 2013, 10:36:48 AM
     #12
    Quote from: vokain on June 03, 2013, 10:32:11 AM
    Bitcoin is...a seed. Many will cultivate it, some will exploit it, some will simply let it set there until a better growing season. In the end, its fruits will be born regardless Smiley

    You believe so?
    I have a bitcoin address that anyone can send BTC too, so I'm going to post it
    on my sig because I think someone is going to randomly give me their BTC:
    1D37qouguK5rNh1mSZDocgVCvA2rxsAgLp Roll Eyes

  • vokain
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    June 03, 2013, 10:43:44 AM
     #13
    Quote from: puffpuffpass on June 03, 2013, 10:36:48 AM
    Quote from: vokain on June 03, 2013, 10:32:11 AM
    Bitcoin is...a seed. Many will cultivate it, some will exploit it, some will simply let it set there until a better growing season. In the end, its fruits will be born regardless Smiley

    You believe so?

    If not bitcoin, something better evolving out of the experiment? worst case

  • melvster
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    June 03, 2013, 10:45:02 AM
     #14
    magic internet money

    actually james joyce described money as solidified energy, which is my favourite definition of money

    bitcoin is *exactly* that

  • Zarathustra
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    June 03, 2013, 11:11:32 AM
     #15
    Quote from: reg on June 03, 2013, 05:58:24 AM
    I envisage a libertarian world of small co-operating communities where freedom is not just a word but a fact.

    That has been the case most of the time in the history of human being, within matrilineal blood-communities, just until the patriarchal hyper-collectivism arrived on this planet, about 10'000 years ago. Since then, male gods, theocrats and state terrorists terrorize the world with organized violence, and the people are forced to pay protection money in an unnatural, perverted construct: the monogamous pairing family/harem family (homo oeconomicus) for the purpose to generate surpluses for the rulers.
    Bitcoin, Bitmessage etc. could hopefully be some of the tools, which end this inhuman stupidity. Stateless communities do not need an economy, because they are autark selfsufficient.

  • CtrlAltBernanke420
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    June 03, 2013, 12:43:02 PM
    Last edit: June 03, 2013, 12:57:08 PM by CtrlAltBernanke420
     #16
    If only I understood how bitcoin works.

    You say this thing evades gov't. But isnt it their money we trade it for? Where does the value of a bitcoin come from? Gov't backed value?

    I am so confused

    if bitcoin has the potential to act as a force against inflation, if the dollar fails, bitcoin fails.

    We have dollar denominated world(USD is world reserve currency and quite stable against bitcoin), bitcoin is the attempt by a few to get dollar rich with little effort(im not complaining), but if bitcoin soars in dollar value, it means the dollar failed. The world wakes up and realized all the debt/military backed fiat, is actually not worth anything, bitcoin is now back to square 1?

    What is a bitcoin worth?

    The rest of your visionary ideas, I do applaud them, but are grandios delusions of money, and that of a world that DOES NOT exist other than in a small corner in your mind. Again I applaud you for envisioning them, but What is a bitcoin worth without govt money?

    Not to mention the other dozens of things that can bring it down, everything from ElectroMagneticPulses, Gov't ASIC mining, corporate computing power, deflation.

    And yet beyond all that, I see it working out in favor of the adopters amazingly well.

  • fghj
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    June 03, 2013, 03:33:12 PM
     #17
    Some variant of SCP-1900?

  • J35st3r
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    June 03, 2013, 04:09:07 PM
     #18
    ... a fiat of Unicorns and Rainbows. to provide World Peace, solve World Hunger, and bring Nirvana itself to Mankind.

    Or perhaps not  Sad
    1Jest66T6Jw1gSVpvYpYLXR6qgnch6QYU1 NumberOfTheBeast ... go on, give it a try Grin

  • CtrlAltBernanke420
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    June 03, 2013, 04:26:53 PM
     #19
    Quote from: J35st3r on June 03, 2013, 04:09:07 PM
    ... a fiat of Unicorns and Rainbows. to provide World Peace, solve World Hunger, and bring Nirvana itself to Mankind.

    Or perhaps not  Sad

    LOL  Cheesy

  • Rassah
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    June 03, 2013, 07:49:56 PM
     #20
    A new way of storing digital information in a permanent, time-stamped, unalterable form, the most obvious use of which is as money, but the full potential of which most people haven't even begun to grasp.



    Quote from: CtrlAltBernanke420 on June 03, 2013, 12:43:02 PM
    If only I understood how bitcoin works.

    You say this thing evades gov't. But isnt it their money we trade it for? Where does the value of a bitcoin come from? Gov't backed value?

    Doesn't the value of government US dollars come from the Euro, since we trade billions of dollars for billions of euros every day? So, isn't our dollar backed by euro, which is backed by Germany?

    Yeah, it's kinda like that   Wink
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