Topic: Free BTC at MIT (Read 6023 times)
Sounds good.
The shops that accept the coin can think that there is a real history and therefore real value in the coins they accept.
When did I say we should give $100 worth of bitcoin to people on this board? You seem confused, in general.
I didn't say you did, DUMB ASS.
Oh, I'm sorry. You very obviously implied that I did say that, and now you are going back on your word. Please forgive me for being a man of integrity and intelligence, unlike yourself.
sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
http://bitcoin.mit.edu/announcing-the-mit-bitcoin-project/
Wow $100 for free, like the students at MIT need more free money. How about giving it to a homeless shelter instead?
Wow $100 for free, like the students at MIT need more free money. How about giving it to a homeless shelter instead?
I think you misunderstood the situation. Giving the students $100 in btc was not a charitable donation. Most of these students don't need handouts.Instead they are trying to draw more bright young minds into BTC. A lot of valuable contributions, startups, and innovation could come from a select group like this.
I'm not sure if you are trying to agree with me or argue my point? And homeless people do not drain from society.
Many homeless people need to live in homeless shelters and the homeless shelters are at least partially funded by taxpayers and donations (by society). Your typical homeless person does not have a job or other earned income/assets. Therefore they give nothing to society (in the form of working, and earning their own way) but they use tax money (money from society - money that is given to the shelters) and therefore are a drain to society. This does not even take into consideration the amount of police, prison, and medical resources that crimes of the homeless commit and the fact that many homeless people have drug addiction issues (more using of societies resources and no contributing to society).
When did I say we should give $100 worth of bitcoin to people on this board? You seem confused, in general.
I didn't say you did, DUMB ASS.
He said "a homeless shelter"
You completely changed the topic.
No, that doesn't change my message at all. Giving bitcoin to homeless shelters is not going to spur innovation either. MIT students are far more likely to start some sort of program for the homeless using bitcoin than some overworked shelter which barely has enough manpower to hand out soup and blankets.
You are living in a fantasy world. Give it to the students who will create the innovations in the network that will allow it to serve the homeless population well. Homeless shelters are not really known for technological innovation, in case your dumb ass didn't notice.
You think anymore than maybe 1% or 2%, if even that, on these boards are using it for innovation? No they are no even spening it. They are holding and bullshitting about how rich and eliet they will be someday.
You dumb ass.
When did I say we should give $100 worth of bitcoin to people on this board? You seem confused, in general.
And I couldn't have more respect for MIT, since bitcoin is often associated with drugs, and I could see negative media articles published about how MIT is "enabling" students to purchase illegal things...But they are smartly looking beyond that possibility.
You know I hear cash has been used a couple times to buy drugs.
also by MIT students
I misread that at first thinking you said people were buying MIT Students.
I've not slept for some time.
And I couldn't have more respect for MIT, since bitcoin is often associated with drugs, and I could see negative media articles published about how MIT is "enabling" students to purchase illegal things...But they are smartly looking beyond that possibility.
You know I hear cash has been used a couple times to buy drugs.
also by MIT students
I would be interested to know if the bitcoin is sold/traded for something or if it is just held
I wrote a brief paragraph pointing out the history of BTC values and what they may or may not do in the future.
If enough young people get interested in using bitcoin then many more merchants will likely start to accept bitcoin as many companies look to trends of the youth as they have a lot of discretionary income (be it either from their own earnings or from their parents).
Young usually also mean gullible. And yes, if you enough gullible people join the currency revolution, it will happen.
Where did they get 1/2 a million dollars?
I would be interested to know if the bitcoin is sold/traded for something or if it is just held
I wrote a brief paragraph pointing out the history of BTC values and what they may or may not do in the future.
If enough young people get interested in using bitcoin then many more merchants will likely start to accept bitcoin as many companies look to trends of the youth as they have a lot of discretionary income (be it either from their own earnings or from their parents).
100 dollars is chunk change compare to the amount of tuition the students pay.
I would be interested to know if the bitcoin is sold/traded for something or if it is just held
I wrote a brief paragraph pointing out the history of BTC values and what they may or may not do in the future.
Doing this could end up teaching your nephew some bad lessions about security and keeping private keys safe.
I wrote him a note explaining the basics and how he does not want to lose his "wallet". I closed the note by telling him to talk to me about what software to use and how to do it. Which he did, and he is good to go. He swept the wallet into our wallet of choice successfully. But you are correct, next I do need to make sure he has it backed up. He does live a distance from me, I can not hold his hand the whole time, and he does have parents who do understand the need to backup computer data.
Edit: And the value, while may be substantial to him at his age, is not a great deal if it is lost.
Regards,
sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
http://bitcoin.mit.edu/announcing-the-mit-bitcoin-project/
Wow $100 for free, like the students at MIT need more free money. How about giving it to a homeless shelter instead?
Wow $100 for free, like the students at MIT need more free money. How about giving it to a homeless shelter instead?
I think you misunderstood the situation. Giving the students $100 in btc was not a charitable donation. Most of these students don't need handouts.Instead they are trying to draw more bright young minds into BTC. A lot of valuable contributions, startups, and innovation could come from a select group like this.
http://bitcoin.mit.edu/announcing-the-mit-bitcoin-project/
Wow $100 for free, like the students at MIT need more free money. How about giving it to a homeless shelter instead?
Wow $100 for free, like the students at MIT need more free money. How about giving it to a homeless shelter instead?
I think you misunderstood the situation. Giving the students $100 in btc was not a charitable donation. Most of these students don't need handouts.Instead they are trying to draw more bright young minds into BTC. A lot of valuable contributions, startups, and innovation could come from a select group like this.
And I couldn't have more respect for MIT, since bitcoin is often associated with drugs, and I could see negative media articles published about how MIT is "enabling" students to purchase illegal things...But they are smartly looking beyond that possibility.
You know I hear cash has been used a couple times to buy drugs.
Don't you think he knows that prejudice is wrong? Don't you think that's what he was referring to? Don't you think we are all smart enough to understand what he's saying?
And I couldn't have more respect for MIT, since bitcoin is often associated with drugs, and I could see negative media articles published about how MIT is "enabling" students to purchase illegal things...But they are smartly looking beyond that possibility.
You know I hear cash has been used a couple times to buy drugs.
Are we really going to correct the guy who said that he is glad that for once people can see past the prejudice, by explaining to him how the prejudice, which he is glad people are seeing past, is wrong?
And I couldn't have more respect for MIT, since bitcoin is often associated with drugs, and I could see negative media articles published about how MIT is "enabling" students to purchase illegal things...But they are smartly looking beyond that possibility.
You know I hear cash has been used a couple times to buy drugs.
Doing this could end up teaching your nephew some bad lessions about security and keeping private keys safe.
I wrote him a note explaining the basics and how he does not want to lose his "wallet". I closed the note by telling him to talk to me about what software to use and how to do it. Which he did, and he is good to go. He swept the wallet into our wallet of choice successfully. But you are correct, next I do need to make sure he has it backed up. He does live a distance from me, I can not hold his hand the whole time, and he does have parents who do understand the need to backup computer data.
Edit: And the value, while may be substantial to him at his age, is not a great deal if it is lost.
Regards,
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