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Topic: 2013-07-23 Wired.com - Why the Only Real Way to Buy Bitcoins Is on the Streets - page 2. (Read 5319 times)

legendary
Activity: 2408
Merit: 1121
Unfortunately, this kind of press is actually not good for bitcoin. It gives it a bad reputation.

Actually, it is good for bitcoin - because it shows how a decentralized trading pit can overcome most restrictions placed on the legacy banking system links.

Sure, banks make things convenient if you're forced to use their system, but it isn't the only way.
legendary
Activity: 1834
Merit: 1019
Unfortunately, this kind of press is actually not good for bitcoin. It gives it a bad reputation.

I don't think so, the author actually understands that bitcoin is unstoppable because of this
full member
Activity: 364
Merit: 100
Unfortunately, this kind of press is actually not good for bitcoin. It gives it a bad reputation.
mjr
full member
Activity: 194
Merit: 100
I remember when I posted the first event here, and couldn't get it off the noob boards, lol.
legendary
Activity: 2506
Merit: 1010
There is the weekly (Monday) Satoshi Square meetup in NYC (yesterday's was hosted at EVR).
 - https://twitter.com/joshrossi  <-- For info on location
 - https://twitter.com/search?q=%23satoshisquare&src=hash

Here's the Project Buttonwood trading site for NYC:
 - http://buttonwood.btcshares.com/

The next L.A. Satoshi Square meetup is this Thursday (July 25th, 2013) downtown (Grand Park):
 - http://spelunk.in/2013/06/29/satoshi-square-la-july-edition/

The Buttonwood San Francisco occurs weekly.  The next event is Thursday, July 25th, 2013:
 - http://www.meetup.com/Buttonwood-SF-P2P-Cryptocurrency-Trading

The first Buttonwood-style event in Berlin will be July 29th:
 - https://www.facebook.com/events/495971010475226/

The first Miami Satoshi Square will be today (July 23rd, 2013):
 - http://www.reddit.com/r/Bitcoin/comments/1iu8l7/tomorrow_miamis_first_satoshi_square_at_bayside/

The first Toronto Satoshi Square will be next Monday, July 29th, 2013:
 - http://www.reddit.com/r/Bitcoin/comments/1iudha/reminder_toronto_satoshi_square_next_monday

There is a weekly trading event, "Talk 'N Trade" in San Diego (Tuesdays):
 - http://www.meetup.com/Bitcoin-Traders-of-San-Diego

[Update: And now also Singapore:

Singapore's 1st Buttonwood - meetup event Aug 1
 - https://bitcointalksearch.org/topic/singapores-1st-buttonwood-meetup-event-aug-1-264180

 - http://www.meetup.com/BitcoinSingapore ]

[Update 2: And Panama:

https://twitter.com/satoshi_square/status/384811183657582592 ]

[Update 3: Reportedly these have occurred in Helsinki, Finland and Winnipeg, ON, Canada also.   Please share the link if anyone knows of these or any others I've missed.]
legendary
Activity: 2506
Merit: 1010
Why the Only Real Way to Buy Bitcoins Is on the Streets
by Robert McMillan

Quote
Welcome to the quickest, most private way to buy the internet’s most successful digital currency: in-person and face-to-face.
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Buttonwood meetups started in New York a few months ago and fanned out to San Francisco and Los Angeles. Buttonwood is an allusion to the May 17, 1792 agreement, struck under a buttonwood tree at 68 Wall Street, that set down the rules for what became the New York Stock Exchange.
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After some haggling, Light types Copley’s Bitcoin address into his mobile phone and transfers just over half a Bitcoin ($50) to Copley’s digital wallet [for payment of silver bullion].
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He used to buy and sell on a (temporarily shuttered) marketplace called Bitinstant. But a few months ago, 'it started to ask for too much of my information,' the student says. Given the nature of his business, he wants to buy Bitcoins without being tracked.
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These are the kinds of deals that have regulators worried.
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It’s traditionally been tough to quickly buy Bitcoins with U.S. dollars, and recently it’s become tougher.  [...] That [regulation has] led to a pretty healthy off-the-books market for Bitcoin traders. [...] Buyers and sellers can also hook up over Internet Relay Chat at #bitcoin-otc
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Buyer’s Best Friend will give you Bitcoins back for cash, much like you can get cash back from a credit card, but you are supposed to purchase something first.
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Though trading an obscure crypto currency may sound very modern, the whole transaction has a decidedly old-fashioned and human flavor to it.

 - http://www.wired.com/wiredenterprise/2013/07/buttonwood
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