Author

Topic: Dislike and distrust of Bitcoin... (Read 1330 times)

legendary
Activity: 1764
Merit: 1007
June 21, 2012, 09:42:05 AM
#6
Quote from: fatwallet forums

 Shocked  Angry
full member
Activity: 213
Merit: 100
June 21, 2012, 09:13:39 AM
#5
Since you mentioned Facebook Credits, I feel obligated to mention they're done for!

http://blog.sfgate.com/techchron/2012/06/19/facebook-says-goodbye-to-facebook-credits-
virtual-cash/
https://developers.facebook.com/blog/post/2012/06/19/introducing-subscriptions-and-local-currency-pricing/

thanks @jonmatonis for tweeting this yesterday
full member
Activity: 147
Merit: 100
June 19, 2012, 08:57:51 PM
#4
lulz

3, 4, and 6 are my personal favorites Cheesy
hero member
Activity: 560
Merit: 500
Ad astra.
June 16, 2012, 01:29:26 AM
#3
Every revolutionary idea is subjected to a good healthy round of skepticism. Nothing wrong with that. And progress towards understanding seems to be happening.

Plus, excellent entertainment. From that thread and a few others:

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Mount Gox

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Some jerk invented an online currency and then turned it into a pyramid scheme through limiting the quantity in circulation and demand pressures created deflation

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I still have no clue what a Bitcoin is.

its value is roughly equivalent to a combination of the coins that mario picks up and the rings that sonic collects

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BitCoin is like being a little kid with an ant farm one summer and watching the little society of ants slowly break down and die. Only instead of ants it's full of libertarians.

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This is like watching someone trying to build a giant tower out of cheese, while ferociously arguing it in an engineering perspective as a sound construction material while it keeps crumbling and getting eaten by rats.

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You just don't understand how real value currency works. Unlike the illegal currency generation of the United Satan of America FED, Bitcoin allows users to generate currency out of their parent's electricity bill.

Ah, SA is such a treasure trove.
legendary
Activity: 2506
Merit: 1010
June 14, 2012, 05:27:18 PM
#2
It is great to see conversation occurring in other forums.

There are even  good responses to the detractors.  For example:
 - http://www.fatwallet.com/forums/finance/1199020/m16991208/#m16991208

What's great to see is that a lot of the people are not just now learning about bitcoin, but they already know of it or know it well.  By engaging in conversation they are at least showing interest, even though many are still skeptical.   They'll come around when Bitcoin serves their needs.

For instance, here's an article describing how marketers are finding that Facebook credits have value as something that can be given out as a reward for action.
 - http://adage.com/article/digitalnext/facebook-ads-working-facebook-credits/235220/

FatWallet is a perfect community for such a promotion as they are the type of crowd that would participate in large numbers.

Their impression of Bitcoin will change the first time they earn a few hundred millibits for doing something trivial, and learn those bits have value.
member
Activity: 125
Merit: 10
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