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Topic: GPU Nectar? Code name for bitcoin when it becomes verboten (Read 4415 times)

legendary
Activity: 1022
Merit: 1000
Yeah, just in case "Pokémon" doenst make it through the vote, "Cosby" it is!
sr. member
Activity: 434
Merit: 250
100%
Carrots it is. Cosbys is fine too!


full member
Activity: 141
Merit: 100
Sounds like people in Venezuela really want to escape their own currency. Some enterprising person could probably make a lot of money selling 'the coin' at a premium down there. By 'the coin' I mean bitcoin of course. 
donator
Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
We all know that eventually all other money systems will fail leaving only one form of money. Let's just call it what it is destined to be. MONEY. "Everyone likes money, that's why they call it money!"
hero member
Activity: 602
Merit: 508
Firstbits: 1waspoza
B.O.O.B.S. - Bitcoin Or Other Block-chain Systems

I have slogan for merchants accepting bitcoins only: B.O.O.B.S. or GTFO!  Wink
hero member
Activity: 675
Merit: 502
Freedom Bucks. Let's try to get the media to report negatively on that.
legendary
Activity: 2408
Merit: 1121
B.O.O.B.S. - Bitcoin Or Other Block-chain Systems
legendary
Activity: 1260
Merit: 1000
Drunk Posts
Best way to not let people know what you're talking about.

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legendary
Activity: 1022
Merit: 1000
donator
Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
Nowhere in the protocol does it require you to use the term "Bitcoin." Change the name before compiling the souce of your client to whatever you want. Print physical bills and just call them "money." Everybody likes money.
hero member
Activity: 686
Merit: 500
Wat
hero member
Activity: 602
Merit: 508
Firstbits: 1waspoza
Cosby Coins?  Grin
legendary
Activity: 1937
Merit: 1001
CPU drops
GPU nectar
FPGA juice
ASIC booze

?
legendary
Activity: 1246
Merit: 1014
Strength in numbers
I've gotten in the habit of calling them money. The people who matter know what that means.
Jan
legendary
Activity: 1043
Merit: 1002
hero member
Activity: 686
Merit: 500
Wat
sr. member
Activity: 385
Merit: 250
we use green lettuce codename on social networks and publics https, but the reality is that the same authorities sell $ on the black market, is called SITME (Transaction System Foreign Currency) you may buy dollars at a "REGULATED" a bit higher than the official price and much lower that black market, but you must necessarily account abroad, which is pretty silly considering that offshore accounts to be opened in person and if you have dollars you can not travel.

And I would bet it would be pretty risky for someone using SITME to obtain dollars and then turn around and sell them at a profit without being "authority" ("authorized" ?) as well.

There are a few threads regarding Bitcoin and Venezuela.
 - http://bitcointalk.org/index.php?topic=58699.0;all
 - http://bitcointalk.org/index.php?topic=83790.0;all

With the electricity there being offered so inexpensively, mining could be done quite profitably.  Of course, the electric rate is low because it is subsidized.  Some GPU models are starting to sell pretty cheap because of poor performance on a Mhash/J basis but at the same time will still crank out a respectable number of hashes.  Now that there is an exchange in a neighboring country (Colombia, ... well in Brazil too but Colombia's is probably the easiest to do business with) even if there's no local buyers yet for bitcoins some of the mining proceeds could be converted and used to pay for the electric bills or perhaps fund further expansion.  With the upcoming drop in the block reward, there will likely be a glut of these GPUs on the market.

But a large mining operation is probably risky, as this thread post specifically addresses:

 - https://bitcointalksearch.org/topic/m.890901

Anyway  you can call them Bcons (bacon  Grin )

You NAILED it!  $BCOIN is the ticker symbol used on StockTwits for Bitcoin.  

Anyone selling any BACON?  I need BACON!   Bolivars for bacon ...  anyone?   Perfect!

actually has very little risk, once the money is in your foreign account, and is left to track. The system is quite robust, there are many people who do the formalities for a percentage of the order and in less than 1 week you have the money in the account.

in terms of electricity, if it is subsidized and is a pain in the ass, many electrical outages. luckily when assembling my little farm also invested in a generator fuel, as we have the cheapest gasoline in the region $ 0.06 per gallon thus keep these girls consuming watts 24 hours a day Smiley

HAHAHA sounds great BACON for sale!  Grin
legendary
Activity: 2506
Merit: 1010
we use green lettuce codename on social networks and publics https, but the reality is that the same authorities sell $ on the black market, is called SITME (Transaction System Foreign Currency) you may buy dollars at a "REGULATED" a bit higher than the official price and much lower that black market, but you must necessarily account abroad, which is pretty silly considering that offshore accounts to be opened in person and if you have dollars you can not travel.

And I would bet it would be pretty risky for someone using SITME to obtain dollars and then turn around and sell them at a profit without being "authority" ("authorized" ?) as well.

There are a few threads regarding Bitcoin and Venezuela.
 - http://bitcointalk.org/index.php?topic=58699.0;all
 - http://bitcointalk.org/index.php?topic=83790.0;all

With the electricity there being offered so inexpensively, mining could be done quite profitably.  Of course, the electric rate is low because it is subsidized.  Some GPU models are starting to sell pretty cheap because of poor performance on a Mhash/J basis but at the same time will still crank out a respectable number of hashes.  Now that there is an exchange in a neighboring country (Colombia, ... well in Brazil too but Colombia's is probably the easiest to do business with) even if there's no local buyers yet for bitcoins some of the mining proceeds could be converted and used to pay for the electric bills or perhaps fund further expansion.  With the upcoming drop in the block reward, there will likely be a glut of these GPUs on the market.

But a large mining operation is probably risky, as this thread post specifically addresses:

 - https://bitcointalksearch.org/topic/m.890901

Anyway  you can call them Bcons (bacon  Grin )

You NAILED it!  $BCOIN is the ticker symbol used on StockTwits for Bitcoin.  

Anyone selling any BACON?  I need BACON!   Bolivars for bacon ...  anyone?   Perfect!
legendary
Activity: 3066
Merit: 1145
The revolution will be monetized!
how about "explosive oxidizer"? That way to avoid suspicion one could say something like "Hey man, can you sell me some explosive oxidizer?" ...wait, I may have to think more about this idea. Embarrassed
legendary
Activity: 2030
Merit: 1000
My money; Our Bitcoin.
I was just reading an article on Forbes.com describing how with the black market for dollars in Venezuela, traders refer to the bills as "green lettuce”, “fresh avocado” or “your Benjamins” instead of "dollars".

That looks more like slang than code intended to hide some illicit activity. That, seems to me, would be like drug dealers using words like "weed" thinking that the cops wouldn't know what they are talking about.  Cheesy 

Slang for Bitcoin that I have heard used: 
bits
b's(bees)

Code on the other hand...  well if you are looking for some good code words then the last thing you would want to do is choose and announce it on a public forum.   Wink

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