Author

Topic: 2013-11-03 Reuters - Chip designers see dollar signs in Bitcoin miners (Read 1072 times)

sr. member
Activity: 364
Merit: 253
It resemble car manufacturing race. Sexy with power is where the people's attention go to. Cheesy
legendary
Activity: 1456
Merit: 1018
HoneybadgerOfMoney.com Weed4bitcoin.com
At this point, people will adopt whether they'll want to or not.

Try telling that to an elderly woman who owned a smokeshop in downtown - First thing she said was Coins? wha wha wha?  Coins like this?:  (Pulls out a Sacajawea dollar)  I said, No No bitcoins: The Future! - Instant Transactions with zero fees and instant transfer to your wallet - She then says - Oh no I don't use the internet at all.  I'm not interested in that mess!

It was mentioned by the article writer that Bitcoiners' being in the community we are in, have the tendency to create a closed feedback loop (we all only see the good things in bitcoin and thus will only talk about these good things to each other over and over again until everyone shares the same feelings and beliefs) where we all see things as cheery and altruistic and positive - there will always be those who are successful with the current fiat system and they will not adopt until its too late (if bitcoin is shown to take over as the primary reference currency for transacting goods and services)
legendary
Activity: 1834
Merit: 1019
At this point, people will adopt whether they'll want to or not.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
I'm with you there.  This is the impetus behind the Bitcoin specie.  Broadening the acceptance of bitcoin with a tangible pocket change.  Like the silver dollars were in the US between the times we had central banking, and they increase confidence for the new adopters.
legendary
Activity: 1456
Merit: 1018
HoneybadgerOfMoney.com Weed4bitcoin.com
Hey Frankenmint,

What are you going to do with your 15 minutes of fame? I had to laugh when I saw the picture of you and Scott posing

Exploit it for bitcoin's benefit. Really trying to keep my nose on the trail for small biz that could gain from btc.  I've been having the idea of wanting to create a "bitmob" thread here or possibly to start working with small biz and organizing  bitmobs as the couple "living on bitcoin" is doing.  Also if there are a few more price spikes...it may give people a reason to want to start spending a little bit of their coin rather than hoarding.  Hoping that we see more people willing to part ways with their bitcoin for goods and services sooner than later - if btc hits 800 dollars a coin or more soon and people are still unwilling to spend it, how else could we increase adoption - that's where I'm at right now. 
legendary
Activity: 4354
Merit: 3260
Hey Frankenmint,

What are you going to do with your 15 minutes of fame? I had to laugh when I saw the picture of you and Scott posing
legendary
Activity: 1456
Merit: 1018
HoneybadgerOfMoney.com Weed4bitcoin.com

He's right...my GF liked how they looked over the Mercury with its one set of blue lights below the BBB.
legendary
Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
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