Just for curiosity - what do you think?
A good step into the right direction.
Could be a stepping stone for future tech and be replaced or reign supreme for 100 years.
Topic: Bitcoin - the most fascinating and important thing of our time? (Read 1757 times)
A good step into the right direction.
Could be a stepping stone for future tech and be replaced or reign supreme for 100 years.
October 05, 2014, 01:01:16 AM
Well it's the "Internet of money" like Andreas says.
Most people concentrate on the negative side, like MtGox / Price volitility / Scams / Hacks and ignore the positive side of things, like :
1. Individuals control their own money.
2. No exorbant banking fees
3. Quick transaction verification {No reversal}
4. Makes micro transactions VERY easy, with virtually no fees
5. Global transfers of any amount {You choose your fee}
6. No central organization manipulating the currency
7. Deflasionary
8. Public / transparent ledger
9. Degree of Anonymity
What did I leave out? Only that it's the best invention since sliced bread.
There are so many positive features, that would make such a big difference, and we cry over silly things.
Most people concentrate on the negative side, like MtGox / Price volitility / Scams / Hacks and ignore the positive side of things, like :
1. Individuals control their own money.
2. No exorbant banking fees
3. Quick transaction verification {No reversal}
4. Makes micro transactions VERY easy, with virtually no fees
5. Global transfers of any amount {You choose your fee}
6. No central organization manipulating the currency
7. Deflasionary
8. Public / transparent ledger
9. Degree of Anonymity
What did I leave out? Only that it's the best invention since sliced bread.
There are so many positive features, that would make such a big difference, and we cry over silly things.
I really like these good points.
"2. No exorbant banking fees
3. Quick transaction verification {No reversal}
4. Makes micro transactions VERY easy, with virtually no fees
5. Global transfers of any amount {You choose your fee}"
October 04, 2014, 10:51:56 AM
It could be a great thing, but it depends of many factors.
it will be a great thing when most of the world know and pay with bitcoin and almost every shop is accepting it
I hope we see that
it will be a great thing when most of the world know and pay with bitcoin and almost every shop is accepting it
I hope we see that
October 04, 2014, 10:45:15 AM
The internet is our generation's Printing Press. Bitcoin is a very excellent scientific book produced in an age of deception and myth.
October 04, 2014, 08:46:43 AM
Blockchain technology is going to turbocharge the IoT and personal finance
So in my opinion that;s a yes
So in my opinion that;s a yes
October 04, 2014, 06:57:58 AM
Not really but i would say smartphone is the one...
October 04, 2014, 06:28:57 AM
What I think = Bitcoin is nice, but there are other, more important developments
Yes like apple pay
Really? lol What about the breakthroughs of medicine?
September 23, 2014, 09:35:35 AM
What I think = Bitcoin is nice, but there are other, more important developments
Yes like apple pay
September 23, 2014, 01:15:31 AM
Well it's the "Internet of money" like Andreas says.
Most people concentrate on the negative side, like MtGox / Price volitility / Scams / Hacks and ignore the positive side of things, like :
1. Individuals control their own money.
2. No exorbant banking fees
3. Quick transaction verification {No reversal}
4. Makes micro transactions VERY easy, with virtually no fees
5. Global transfers of any amount {You choose your fee}
6. No central organization manipulating the currency
7. Deflasionary
8. Public / transparent ledger
9. Degree of Anonymity
What did I leave out? Only that it's the best invention since sliced bread.
There are so many positive features, that would make such a big difference, and we cry over silly things.
Most people concentrate on the negative side, like MtGox / Price volitility / Scams / Hacks and ignore the positive side of things, like :
1. Individuals control their own money.
2. No exorbant banking fees
3. Quick transaction verification {No reversal}
4. Makes micro transactions VERY easy, with virtually no fees
5. Global transfers of any amount {You choose your fee}
6. No central organization manipulating the currency
7. Deflasionary
8. Public / transparent ledger
9. Degree of Anonymity
What did I leave out? Only that it's the best invention since sliced bread.
There are so many positive features, that would make such a big difference, and we cry over silly things.
September 23, 2014, 01:10:45 AM
What I think = Bitcoin is nice, but there are other, more important developments
Yes like apple pay
September 23, 2014, 01:08:08 AM
somebody would have come out with something similar to Bitcoin anyway albeit slightly different in the back end function, we've already had lots of attempts like e-gold etc. etc. to try and create decentralised payment systems but it's the proof of work technology and the Peer to Peer nature of Bitcoin that makes it special, anybody who actually knows about the Bitcoin back end will tell you that.
The fact you need to resort to violence in order to get your point across just shows you up for being an ignorant cunt really, I can see why some people here are called Bitcoin evangelicals.
The fact you need to resort to violence in order to get your point across just shows you up for being an ignorant cunt really, I can see why some people here are called Bitcoin evangelicals.
September 23, 2014, 12:57:32 AM
I think Bitcoin is certainly nice, but it is the technology itself not Bitcoin that is going to make the difference, already I'm seeing much more interesting ( Sorry Bitcoin devs 
) projects coming out like Open Bazaar and Storj, but admittedly if Bitcoin hadn't come along these projects wouldn't have been possible or at least quite difficult to implement without the knowledge that was already given out freely.
) projects coming out like Open Bazaar and Storj, but admittedly if Bitcoin hadn't come along these projects wouldn't have been possible or at least quite difficult to implement without the knowledge that was already given out freely.Dont be silly, for a Hero member to say that, i would have slapped your face.
Money is the most important application of the blockchain technology, PERIOD. You dont even know how disrupting this is.
And you're preferring some open marketplace and distributed storage services to MONEY? ARE YOU CRAZY?
September 23, 2014, 12:52:02 AM
I think Bitcoin is certainly nice, but it is the technology itself not Bitcoin that is going to make the difference, already I'm seeing much more interesting ( Sorry Bitcoin devs ) projects coming out like Open Bazaar and Storj, but admittedly if Bitcoin hadn't come along these projects wouldn't have been possible or at least quite difficult to implement without the knowledge that was already given out freely.
) projects coming out like Open Bazaar and Storj, but admittedly if Bitcoin hadn't come along these projects wouldn't have been possible or at least quite difficult to implement without the knowledge that was already given out freely. September 23, 2014, 12:27:53 AM
What I think = Bitcoin is nice, but there are other, more important developments
September 23, 2014, 12:08:31 AM
The fact that something that is digital that can't be duplicated or copied without leaving another copy is amazing enough. Maybe bitcoin can lead to the discovery of teleportation, who knows
September 22, 2014, 06:30:36 PM
I voted that there are more important developments, but I also think that it will likely change the way money is spent and transferred.
The more important developments would include things like social media that allows people to communicate easily and to share content quickly. One example of how social media has helped society is how it can help keep police officers accountable. When there is a police beating that is caught on camera, someone can simply post the video on facebook and allow it to be shared. The public could be aware of this within hours instead of days (when someone would have to give the video to a news outlet, have them verify it's authenticity and only possibly air it some time later)
The more important developments would include things like social media that allows people to communicate easily and to share content quickly. One example of how social media has helped society is how it can help keep police officers accountable. When there is a police beating that is caught on camera, someone can simply post the video on facebook and allow it to be shared. The public could be aware of this within hours instead of days (when someone would have to give the video to a news outlet, have them verify it's authenticity and only possibly air it some time later)
September 22, 2014, 06:19:55 PM
Bitcoin is a scam designed to line the pockets of scammers and criminals.
Since it's the newest and most innovative financial and record keeping tool of our time, it does err on the side of the first ones on the block. The bad elements have to be shaken out of any free market in its infancy and people need to be very careful w/ their funds. September 22, 2014, 06:12:55 PM
Bitcoin is a scam designed to line the pockets of scammers and criminals.
September 22, 2014, 05:52:59 PM
Just for curiosity - what do you think?
Of course, it's the next best thing since the internet itself!
September 22, 2014, 05:35:08 PM
Most definitely.
We live in exciting times, near an era of post-scarcity and abundance, with Virtual Reality booming with the Oculus Rift and stuff.
I can't think of a more exciting time to be living on, actually.
We live in exciting times, near an era of post-scarcity and abundance, with Virtual Reality booming with the Oculus Rift and stuff.
I can't think of a more exciting time to be living on, actually.
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