Bitcoin-Central, first exchange licensed to operate with a bank. This is HUGE - page 16.

MPOE-PR

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Quote from: gyverlb on December 12, 2012, 07:46:24 AM

Given what http://polimedia.us/bitcoin/mpex.php looks like and the lack of innovation there, I wouldn't bring up this subject if I were you. Plus "having" technology when most of the available tech is now open source doesn't mean much.

I'm French and given that for years you have used some of my code (no I won't tell) without even knowing it I can patronize you, suck it up Grin

I was preparing a scathing retort but then I got as far as where you listed your misfortunes and my heart broke.

greyhawk

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Quote from: gyverlb on December 12, 2012, 07:46:24 AM

I'm French and given that for years you have used some of my code (no I won't tell) without even knowing it I can patronize you, suck it up Grin

Is it the Napoleonic Code?

gyverlb

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Quote from: MPOE-PR on December 12, 2012, 03:29:29 AM

Cause they're French. They don't have the technology.

Given what http://polimedia.us/bitcoin/mpex.php looks like and the lack of innovation there, I wouldn't bring up this subject if I were you. Plus "having" technology when most of the available tech is now open source doesn't mean much.

I'm French and given that for years you have used some of my code (no I won't tell) without even knowing it I can patronize you, suck it up Grin

molecular

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Quote from: MPOE-PR on December 12, 2012, 03:29:29 AM

Quote from: mpfrank on December 11, 2012, 09:21:39 PM

Looking at the "Step 1 - Identification documents" page...

So, how do we know this isn't a scam to collect images of people's drivers' licenses/passports for purposes of making fake IDs... Just playing Devil's Advocate here...

(P.S. It's "asymmetric," not "ass-ymmetric".)

Cause they're French. They don't have the technology.

Grass in, shit out. All you really need, biological calculation.

MPOE-PR

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Quote from: mpfrank on December 11, 2012, 09:21:39 PM

Looking at the "Step 1 - Identification documents" page...

So, how do we know this isn't a scam to collect images of people's drivers' licenses/passports for purposes of making fake IDs... Just playing Devil's Advocate here...

(P.S. It's "asymmetric," not "ass-ymmetric".)

Cause they're French. They don't have the technology.

mpfrank

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Cosmic Cubist

Looking at the "Step 1 - Identification documents" page...

So, how do we know this isn't a scam to collect images of people's drivers' licenses/passports for purposes of making fake IDs... Just playing Devil's Advocate here...

(P.S. It's "asymmetric," not "ass-ymmetric".)

MPOE-PR

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Quote from: MoonShadow on December 10, 2012, 08:06:53 PM

While I, personally, don't agree that one bitcoin based business making agreements with establishment institutions in Europe has any great effect upon Bitcoin as a whole; I also don't view such a developement as automaticly a positive one. Furthermore, I don't believe that you will actually be permitted to succeed. If such a development actually is a net positive for Bitcoin, you will be undermined to your final bankruptcy at least. If such a development survives six months, I will take that to mean that it's a net negative for Bitcoin, and avoid you like the plague.

I can certainly see the "you won't be allowed to succeed" angle, but isn't your reasoning as explained faulty? "If I find five dollars at the bottom of my soup bowl I will take it as a miracle and believe in God but if I don't it's clear proof God is upset with me" sort of thing?

Quote from: evoorhees on December 10, 2012, 08:52:35 PM

Bitcoin companies that deal with fiat are different than bitcoin itself.

I think this entire "television set is different from television network and they're both different from television" concept is very difficult for some readers.

Quote from: greyhawk on December 11, 2012, 05:14:25 AM

Quote from: becoin on December 11, 2012, 05:08:52 AM

Quote from: greyhawk on December 11, 2012, 04:50:50 AM

This is a disturbingly recurring theme on these forums.

You're disturbingly recurring on every forum I post. Take a break!

Your attempts to regulate my freedom of expression have been noted and added to your list of crimes against humanity. We advice you to decide on a wall of your choice to stand against in due time, good sir. *presses X*

Press X for "you try and fuck with greyhawk, I lol".

BadBear

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I don't see what the big deal is, someone was gonna do it eventually, unless you make laws and regulations about no regulations Wink

. Nothing about bitcoin is changing, just more options for people to handle their money.

becoin

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Quote from: greyhawk on December 11, 2012, 05:14:25 AM

We advice you to decide on a wall of your choice to stand against in due time, good sir. *presses X*

You should have pressed 'Y' or 'Z'. The 'X' was my TV channel. Wife and kids get nervous without TV.

greyhawk

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Quote from: becoin on December 11, 2012, 05:08:52 AM

Quote from: greyhawk on December 11, 2012, 04:50:50 AM

This is a disturbingly recurring theme on these forums.

You're disturbingly recurring on every forum I post. Take a break!

Your attempts to regulate my freedom of expression have been noted and added to your list of crimes against humanity. We advice you to decide on a wall of your choice to stand against in due time, good sir. *presses X*

becoin

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Quote from: greyhawk on December 11, 2012, 04:50:50 AM

This is a disturbingly recurring theme on these forums.

You're disturbingly recurring on every forum I post. Take a break!

greyhawk

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Quote from: davout on December 11, 2012, 04:08:29 AM

Quote from: becoin on December 11, 2012, 03:38:10 AM

My take on this is that sometimes you have to make a revolutionary change if you want to succeed.

True, I made mine, have fun, make yours

Good answer. This is a disturbingly recurring theme on these forums. In here, in the thread about jgarzig, and in countless other threads, people keep posting from the safety of their bitmines why other people are not running their revolution for them. It's like they're playing a video game. "Press X to start revolution".

becoin

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Quote from: davout on December 11, 2012, 04:08:29 AM

Quote from: becoin on December 11, 2012, 03:38:10 AM

My take on this is that sometimes you have to make a revolutionary change if you want to succeed.

True, I made mine, have fun, make yours

Déjà vu.

I'm just returning from where you're going to and I'm having fun. This is good we both have fun. Good luck entering the world of 'real' bankers and telling other people this is a revolutionary change.

I know that pressure against all 'classic' bitcoin exchanges from local authorities is increasing and will further increase. So, I can't really blame you. Just make sure you're really capable of looking at bitcoin-central from a banker's point of view. Make no mistake; it's a cat and mouse game.

davout

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1davout

Quote from: becoin on December 11, 2012, 03:38:10 AM

My take on this is that sometimes you have to make a revolutionary change if you want to succeed.

True, I made mine, have fun, make yours

Quote from: MoonShadow on December 11, 2012, 04:00:22 AM

Different people are going to do different things. Adjust. The end is still the same, is it not? Let them spin their wheels, and you just do your best to roll with the punches that they attract. And let them do the same when your actions attract the wrong kind of attention. You are not their keeper, nor are they yours. This argument is futile.

Yup

MoonShadow

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Quote from: becoin on December 11, 2012, 03:38:10 AM

Quote from: evoorhees on December 10, 2012, 08:44:39 PM

... and then there won't be links with the old rails, and Bitcoin will be far weaker and less useful.

Arguments?

I don't think bitcoin will be weaker and less useful. Just the opposite. The less effective is the interface between bitcoin and fiat money the faster will be bitcoin adoption and transition to new monetary system! Which transition is best for the society? The avalanche style transition or slowly melting glacier? My take on this is that sometimes you have to make a revolutionary change if you want to succeed. Sometimes evolution just gives you less chances to succeed and at the end will be much more expensive for the society. Wasn't it better to let banks fail in 2008?

Different people are going to do different things. Adjust. The end is still the same, is it not? Let them spin their wheels, and you just do your best to roll with the punches that they attract. And let them do the same when your actions attract the wrong kind of attention. You are not their keeper, nor are they yours. This argument is futile.

becoin

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Quote from: evoorhees on December 10, 2012, 08:44:39 PM

... and then there won't be links with the old rails, and Bitcoin will be far weaker and less useful.

Arguments?

I don't think bitcoin will be weaker and less useful. Just the opposite. The less effective is the interface between bitcoin and fiat money the faster will be bitcoin adoption and transition to new monetary system! Which transition is best for the society? The avalanche style transition or slowly melting glacier? My take on this is that sometimes you have to make a revolutionary change if you want to succeed. Sometimes evolution just gives you less chances to succeed and at the end will be much more expensive for the society. Wasn't it better to let banks fail in 2008?

davout

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Quote from: marcus_of_augustus on December 10, 2012, 07:16:38 PM

As far as I know, Satoshi was not in the habit of asking permission from "authorities" before writing software .... you, on the other hand, appear to be.

Permission was neither asked, nor granted.
There's really nothing to allow or forbid about Bitcoin.

There are, however, quite a few rules to handling fiat currency on behalf of third parties without getting in trouble.

evoorhees

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Democracy is the original 51% attack

Quote from: marcus_of_augustus on December 10, 2012, 07:16:38 PM

Quote from: davout on December 10, 2012, 06:58:36 PM

Quote from: marcus_of_augustus on December 10, 2012, 06:55:48 PM

Quote from: SgtSpike on December 10, 2012, 05:53:16 PM

No one here is asking for that.

Maybe not overtly or knowingly, but they are undoubtedly paving the way for it.

Just as much as Satoshi paved the way for Bitcoin regulation by inventing Bitcoin.

As far as I know, Satoshi was not in the habit of asking permission from "authorities" before writing software .... you, on the other hand, appear to be.

That's because Davout is writing software that interfaces with the old world of fiat. If Satoshi opened an exchange, you can bet your ass he'd need to get registered or licensed by some dismal government, else the exchange would be gone.

Plug into the crappy old rails, and you need to deal with the crap. That Bitcoin itself is clean and beautiful, and doesn't itself touch the old rails, doesn't mean the various on-ramps and off-ramps that connect to it can ignore reality.

evoorhees

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Democracy is the original 51% attack

Quote from: marcus_of_augustus on December 10, 2012, 05:20:04 PM

So TCP/IP needed to get approval from the "regulators" before it was widely adopted?

Then the bitcoin protocol may not be all it is cracked up to be .... if Erik Vorhees is correct that bitcoin needs the crutch of state approval in order to get widely adopted, then I would say it is deficient as a technology and not fit for purpose .... bring on bitcoin2.0. (Holy Trinity should be nimble for the crypto-currency 2G will be life threatening for them.)

You do a disservice to everyone when you characterize my argument so poorly.

Bitcoin does not "need the crutch of state approval" in order to get widely adopted. And I'm not advocating that bitcoin get state anything.

But those companies which interface Bitcoin with the old world of money will simply be shut down if they do not comply. You understand this? Not every bitcoin company needs to run out and get licensing, but those which are explicitly handling fiat money and fiat accounts must absolutely comply, else they'll be destroyed the moment they try to scale into anything meaningful.

Bitcoin companies that deal with fiat are different than bitcoin itself. The former must follow the rules or be closed (this is a fact, sad though it may be). The latter, Bitcoin itself, doesn't have to care at all about regulation, because it transcends it.

Do you see the difference?

evoorhees

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Democracy is the original 51% attack

Quote from: davout on December 10, 2012, 04:22:20 PM

Fiat is regulated : fact.
Bitcoin is not : fact.

Bitcoin exchanges are by definition an interface between these worlds, so I fail to see how it comes as a big surprise to anyone that in order to be sustainable in this business an exchange has to be licensed for the fiat-handling part.

BINGO!!!! Perfectly said!

The interfaces that link with the old rails will have to follow the old rail rules. If they don't, they'll be shut down, and then there won't be links with the old rails, and Bitcoin will be far weaker and less useful.

Topic: Bitcoin-Central, first exchange licensed to operate with a bank. This is HUGE - page 16. (Read 191895 times)