Topic: Bitcoin city? - page 3. (Read 2555 times)

Transactions are instant, like many People who actually use Bitcoins(like this guy with the Bar in Berlin) stated in here before. Just the 8 confirmations may take some time.
Also, if you make "notes", you always have the Problem about counterfeiting, which Bitcoins prevent

It would have to be a country... as any country we tried to do this in would steal everything we had in the name of justice or terrorism or really w/e as the masses are really stupid and believe anything.

i remember reading somewhere there was a prototype usb wallet that when you press a button on it , it showsyou your wallet balance and allyou have to do is plug it in to be charged with a secure pin at point of purchase.

no i wasnt clear on that bit, i meant more or less having a bank that oversees the process , imagine going to  a "bank" and essentially depositing bitcoin in return for "notes" that are sealed in pre determined denominations that you can trade with. until someone comes out with an instant transaction process for bitcoin i believe that is essentially the quickest method of transacting in store. imean sure theres otherways but this is the whole point, its an experiment to test theories and method out before they are rolled out because the pioneers are the ones who take the risk but often are rewarded the most. if you did this stuff in the cities and itbackfires or fucks up i gaurantee it will be a huge blow to the bitcoin price. you want to show a city that runs on bitcoin and only bitcoin.


as for taxes, as far as im aware , you can only betaxed on the dollar. and capital gains but it all depends on how you interpret bitcoin

That's one of the most stupid quotes, I have ever read.
Nation-states are here for about 100-200 years. Before that, there also was violence, coercion and deception.
Some People are completly delusional ...

Very nice quote, hopefully it will turn out that way.

Welcome to the new world. Taxes, nation-states, and the systematic dominance and violence they necessitate are all being made obsolete before your very eyes. Even war will go the way of the dodo, in time.

The future is reason, truth, and mathematics. Violence, coercion, and deception - the hallmarks of nation-state existence - are the past.

Meeting in bank or hotel lobbies is advisable with Australia local bitcoins.

And how do people pay taxes? In BTC (I don't think it's possible) or in AUD (so they need to sell btc for aud)?

So, I give a merchant a paper wallet and when I leave the shop I just, send my BTC from the paper wallet to another adress, since I can just save the address of the paper wallet on my phone.
Yeah, Sounds great ...

I haven't posted on here for a while , but I'm wondering how many of you bitcoin users are in technical trades in the construction industry?

I'm studying to be a licensed builder in New South Wales , Australia .
I've been thinking of , a experimental bitcoin city if you will call it that. I'm sure there are places and people who have already tried this but every state should have a city built on bitcoin , reason being is that it's very difficult changing existing protocols and habits in a developed city.

If we started from the ground up with bitcoin as the underlying currency and foundation of the startup city I think this will make it much easier to transition into the larger populace.

To start with a large fund will have to be started and I'm talking in the millions, there would need to be a self sufficiency to the city , a green city.
- green energy (wind farms perhaps) and the possibility of selling that energy to the grid
- agriculture , cattle , etc
- people with trade backgrounds willing to accept bitcoin as a form of payment
- to simplify trade , I would suggest paper wallets of pre set denominations for regular purchases, even pre paid accounts with businesses



I'm going to continue listing things I'm busy at the moment but please add your own ideas and such