Author

Topic: Bitcoin vs USD! (Read 1175 times)

sr. member
Activity: 316
Merit: 250
April 13, 2014, 05:39:44 PM
#15
I say we band together and light the internet on fire.
hero member
Activity: 531
Merit: 500
April 13, 2014, 05:12:26 PM
#14
Bricso will rule the world
newbie
Activity: 20
Merit: 0
April 13, 2014, 02:26:31 AM
#13
In which countries exactly?

Holland.

One can pay for gas & electricity in BTC also http://www.energienieuws.info/2014/03/energiebedrijf-bas-accepteert-bitcoin.html
member
Activity: 84
Merit: 10
April 13, 2014, 01:45:34 AM
#12
You know the interesting thing to me is that some of the recent polls show less than 50% of Americans even know what bitcoin is. And only a fraction of those 50% have invested in bitcoin. That means there is still a HUGE potential market for future investors. Bitcoin is still in the beginning stages. I'm investing now before the polls show 98% of Americans know what bitcoin is, because by that time bitcoin price will probably be 10x higher.

You are being pessimistic there. Add the fact that PBOC estimate chinese have 6000 billion$ of investment outside china. The potential for the crypto world is huge, explosif. Only a potential by now Smiley

You shouldn t think just about american people. It s a world wide mouvement.
full member
Activity: 126
Merit: 101
Be Here Now
April 12, 2014, 08:15:19 PM
#11
You know that argument about reducing our reliance on oil and no longer contributing to fund oil wars? The same can (and should) be said about reducing our reliance on a single one world currency (USD) and no longer contributing to fund bank heists and lining wall street's or psychopathic governments' pockets by looting citizens.

It should be a no brainer. Adopting it will maintain its value unto itself.

I fully anticipate bitcoin becoming more pervasive in the coming couple of years and I have, just in the short time I've gotten more familiar with it, every intention of investing fully. If it was possible today to make sure all our needs could be met via bitcoin, I'd switch without hesitation and never look back. My financial goals changed considerably having learned about bitcoin and its potential (cryptocurrency in general really) and the plans have shifted to begin as of now transitioning as exclusively to using bitcoin as is possible in this current climate. Any extraneous cash that comes in will be exchanged.

The more we do this across the world, the more secure our worlds will become.
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
April 12, 2014, 08:05:00 PM
#10
and one day we will see a mention about bitcoin at page ....

History of the Internet - Internet history timeline
http://en.wikipedia.org/wiki/History_of_the_Internet

 Grin
member
Activity: 84
Merit: 10
April 12, 2014, 07:45:15 PM
#9
You know the interesting thing to me is that some of the recent polls show less than 50% of Americans even know what bitcoin is. And only a fraction of those 50% have invested in bitcoin. That means there is still a HUGE potential market for future investors. Bitcoin is still in the beginning stages. I'm investing now before the polls show 98% of Americans know what bitcoin is, because by that time bitcoin price will probably be 10x higher.
hero member
Activity: 634
Merit: 500
April 12, 2014, 04:23:04 PM
#8
In which countries exactly?

Ireland has a company that pays people in BTC.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
April 12, 2014, 04:22:26 PM
#7
As long as countries exist they'll be paying their workers in their local currencies and demanding taxes in their local currencies. Those are customarily quite large markets with motivated users.
Countries dont pay workers, employers do. And employers and workers can choose how they want to be payed. Some people are payed in btc for some time now.

I don't know which country you're residing in, but here in the UK 18.8 per cent of the work force is employed in the public sector. In certain regions over half of the local population's wages are paid by government money.

If you take into account the amount of people on pensions and on unemployment/disability etc then private employees are probably in the minority.
sr. member
Activity: 341
Merit: 250
April 12, 2014, 04:20:15 PM
#6
As long as countries exist they'll be paying their workers in their local currencies and demanding taxes in their local currencies. Those are customarily quite large markets with motivated users.
Countries dont pay workers, employers do. And employers and workers can choose how they want to be payed. Some people are payed in btc for some time now.

In which countries exactly?
member
Activity: 84
Merit: 10
April 12, 2014, 04:16:26 PM
#5
As long as countries exist they'll be paying their workers in their local currencies and demanding taxes in their local currencies. Those are customarily quite large markets with motivated users.
Countries dont pay workers, employers do. And employers and workers can choose how they want to be payed. Some people are payed in btc for some time now.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
April 12, 2014, 04:12:29 PM
#4
As long as countries exist they'll be paying their workers in their local currencies and demanding taxes in their local currencies. Those are customarily quite large markets with motivated users.

hero member
Activity: 634
Merit: 500
April 12, 2014, 03:59:16 PM
#3
in reality $ is worth nothing, but we don t feel that yet Smiley )

I disagree, my calculations bring the value of the dollar into the 1.8 cents range (in 2000 PPP)
member
Activity: 84
Merit: 10
April 12, 2014, 03:37:15 PM
#2
So, friend and I were discussing and more like obsessing over the fact that our little minds can predict what Bitcoin would be like in the future. You go to these Bitcoin conferences and you meet people who are strong advocates of Bitcoin (myself) and how we spread a little seed in future prospective Bitcoiners that it could be or at least trying to be the currency of the future. You see comparing it to payment systems like PayPal or Western Union or bank transfers doesn't make entirely cause the true motive of Bitcoin is to be the $!

Now that we have $ in our minds, please just take a minute to think how important really the $ is! Our concern was and we thought it should be a good discussion is that, how far do you think the governments of the world will be willing to go to save the integrity of the $ or fiat? I'm talkin long term here. 20-30 years and assuming the movement is still alive then.

Wow, as far as they feel the need too. Don t fool yourself. The control of the currency is their control on the world. Bankers and government will never let it happened or moreover they will do their best to keep it.
Look at the quantitative easing done since 2008. It s pure madness to save them.

That said, i really think that a crypto will slowly take over, like $ is slowly loosing his value (well there are 4 times more $ today than in 2008, so in reality $ is worth nothing, but we don t feel that yet Smiley )
sr. member
Activity: 341
Merit: 250
April 12, 2014, 03:30:28 PM
#1
So, friend and I were discussing and more like obsessing over the fact that our little minds can predict what Bitcoin would be like in the future. You go to these Bitcoin conferences and you meet people who are strong advocates of Bitcoin (myself) and how we spread a little seed in future prospective Bitcoiners that it could be or at least trying to be the currency of the future. You see comparing it to payment systems like PayPal or Western Union or bank transfers doesn't make entirely cause the true motive of Bitcoin is to be the $!

Now that we have $ in our minds, please just take a minute to think how important really the $ is! Our concern was and we thought it should be a good discussion is that, how far do you think the governments of the world will be willing to go to save the integrity of the $ or fiat? I'm talkin long term here. 20-30 years and assuming the movement is still alive then.
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