[1 BTC Bounty] What is Bitcoin? *ENDED* - page 7.

Stunna

legendary

Activity: 3192

Merit: 1279

Primedice.com, Stake.com

Quote from: crumbcake on June 01, 2013, 08:54:35 AM

Forget defining Bitcoin, I offer something much more valuable -- correction to your sig.

"♛ "Censorship is telling a man he can't have a steak just because a baby can't chew it." -MT @PrimeDice"

Don't fret! Censorship lets you have your stake, eat & even gamble it away. At worst, it won't let you talk about it, but common etiquette should stop you from talking with your mouth full.
PM me for BTC addy.

Have to admit I definitely got a kick out of that Cheesy

BlueNote

member

Activity: 75

Merit: 10

If you want an accurate, concise, and boring description of what it actually is:

A shared ledger on which people cryptographically exchange values which act as a money substitute.

CurbsideProphet

hero member

Activity: 672

Merit: 500

The ability for anyone in the world to move money using military-grade cryptography.

(Based on a quote by David Perry, "It feels really surreal to use military-grade cryptography to pay for Schnitzel")

Seth Otterstad

sr. member

Activity: 328

Merit: 250

http://www.youtube.com/watch?v=X_hz7TyQ_bs

This video is better than weusecoins

tom1

full member

Activity: 130

Merit: 100

Bitcoin is the future of money.

mt_bird

newbie

Activity: 28

Merit: 0

Bitcoin is to dollars as Linux is to Windows.

Mcoroklo

jr. member

Activity: 77

Merit: 1

Bitcoin is a new payment system where you can send money like an email at very low fees.

BorderBits

sr. member

Activity: 275

Merit: 250

Quote from: St.Bit on June 01, 2013, 09:04:44 AM

Dependes when you bought them and how smart your son is:

To your son: I don't know, but it paid for your PhD at Harvard.

Like every other doctoral granting institution, Harvard funds their Ph.D. students.

RockyMtnMiners

newbie

Activity: 14

Merit: 0

Bitcoin is a public accounting ledger maintained online by a distributed network of computers. Computers on the network maintain the ledger's integrity by cross-checking transactions with each other. People who lend computing power to the network are rewarded with new units of currency, which can be thought of as new lines added to the accounting ledger.

pheaonix

sr. member

Activity: 392

Merit: 250

http://casinobitco.in/ A+ customer support

bitcoin is a public online safety deposit box and people trade the boxes as currency. the miners keep it secure and clear transactions and are rewarded a bit for it.

ganabb

sr. member

Activity: 434

Merit: 250

e-Money.

The future for Bitcoin does look as bright as it did last week, that's for sure.

dwdoc

legendary

Activity: 966

Merit: 1000

- - -Caveat Aleo- - -

Pull out a $100 bill point to the serial # and tell your friend:

Imagine if you could transfer the value of a currency by sending its serial number to someone and that in addition to buying and selling existing serial numbers you could use a computer costing thousands of dollars to generate some new serial numbers.

syn999

full member

Activity: 196

Merit: 100

its how you and me make money and move to the future

St.Bit

sr. member

Activity: 280

Merit: 250

Dependes when you bought them and how smart your son is:

To your son: I don't know, but it paid for your PhD at Harvard.

ghibly79

legendary

Activity: 1218

Merit: 1006

Crypto entrepreneur and consultant

Currencies are simplicity to complicate. Bitcoin is complexity to simplify.

bg002h

donator

Activity: 1464

Merit: 1047

I outlived my lifetime membership:)

Quote from: eMansipater on June 01, 2013, 01:26:20 AM

To a techie: Bitcoin is Money Over Internet Protocol

To an economist: Bitcoin is irreversible, ultrasecure mathematical cowry shells

To an entrepreneur: Bitcoin is digital money Lego--you can use it to build anything

To grandma: Bitcoin is money that you can send like email

To a merchant: Bitcoin is no service fees, no specialised hardware, and no chargebacks

To a first generation immigrant: Bitcoin is 90% off Western Union fees for everyone

To Joe Everyman: Bitcoin is a 5% discount on online shopping

To your great-grandchild: Dollar bills were how people paid for things before we had Bitcoin

+1. Well played

crumbcake

newbie

Activity: 42

Merit: 0

Forget defining Bitcoin, I offer something much more valuable -- correction to your sig.

"♛ "Censorship is telling a man he can't have a steak just because a baby can't chew it." -MT @PrimeDice"

Don't fret! Censorship lets you have your stake, eat & even gamble it away. At worst, it won't let you talk about it, but common etiquette should stop you from talking with your mouth full.
PM me for BTC addy.

Abdussamad

legendary

Activity: 3682

Merit: 1580

Bitcoin is a way to get rich quick!

jackjack

legendary

Activity: 1176

Merit: 1280

May Bitcoin be touched by his Noodly Appendage

Bitcoin is the first true and secure money.

acceptance2

sr. member

Activity: 453

Merit: 250

A little video I made.

http://www.youtube.com/watch?v=oXW2YgnkWwk

Doesn't necessarily explain it but does give people a frame of reference for it, helping them comprehend what it can do.

Topic: [1 BTC Bounty] What is Bitcoin? *ENDED* - page 7. (Read 12402 times)

Topic: [1 BTC Bounty] What is Bitcoin? ENDED - page 7. (Read 12402 times)