Hi! BitCoin Fully Decentralized Hard Asset Backed Bank! - page 2.

laffenlarry

newbie

Activity: 14

Merit: 0

Quote from: dflatline on April 06, 2013, 06:59:21 PM

I'm not from or in the USA, Robert.

You, after your displays here, your actions, lack of perception or forthought, leading you to acting upon your misconception and shooting yourself in the foot, are the last person, Sir, that I would ever listen to, and surely are the last person I shall entertain with a reply hereafter should you care to continue with contributions to the conversation; as you've clearly shown yourself to be either a madman, entirely delusional, or recenlty release from some type of "care" facility.

I have chosen to not delete any posts for the simple fact that I like open conversations, I have allowed you to keep you say and your beliefs. I didn't have to.

You go play in your little puddles little man. Enjoy them. And don't forget your meds.

dflatline

newbie

Activity: 14

Merit: 0

I'm not from or in the USA, Robert.

laffenlarry

newbie

Activity: 14

Merit: 0

LOL Oh some of you people are so entertaining!

20'000 people shot annually in the USA
over 300'000'000 Guns in the country
40'000'000 people in desperate poverty
50'000'000 people who can't afford a big mac

and it gets worse from there.. but you know all this already right?! So we don't need to really lay it out for you.

you people think there's no inflation!
YOu use to buy a 1kg jar of peanut butter now you but 750 ml for the same price.
you use to buy 2 lts of OJ now it's 1.75
you use to buy a Quart of Ice cream and it was a Quart, but no more

and you still pay the same prices - that's called inflation dumb dumb!

your real estate has tumbled and crashed!

your economy is failing, faltering and about to fall off a precipice.

your Wall Street run rife with corruption, and hemorrhaging money, funds, capital

your teachers who teach you your wonderful education that's about 4 years behind the rest of the modern world, enjoy, we see what it has taught you

YOu people watch far too much CNN if you think you're little Bitcoin has a chance on it's own.

The Dollar will drop to between 60 and 50 cents.

But you don't have to believe us.

As a matter of fact, after much thought, we'd probably prefer to just let america sink now; all on it's own.

So continue you shouting, your rants and tirades.

What you have overlooked is that there are people who know we ARE right. Those are the only ones we care about.

So, I suppose that's our entry into the day, hello again everyone!

alexh

member

Activity: 183

Merit: 10

Yea, we need some kind of credit card loadable with bitcoins.

Stampbit

full member

Activity: 182

Merit: 100

We have a bank, its called our wallet! What we need is an easy way to transfer coins into our normal bank accounts so we can use things like google wallet or regular debit cards to make purchases.

and0r

newbie

Activity: 14

Merit: 0

420blazenuggetsfag

David Rabahy

hero member

Activity: 709

Merit: 503

Cool! Thanks Rob for the 0.0006653 BTC. As the first contributor I will always remember you. I will put your name at the top of the chronological list in the source code.

Rob's the only one that's given me anything toward my HQBR (high quality begging robot). You other folks are missing the boat.

16V9UivwWtp6iGsaRnWycUjZJBcDDQRmV4

With this small funding I will start developing the HQBR.

Hmm, I think I'll work in AutoIt http://www.autoitscript.com/site/autoit/ at first; it will be quick to get something working but I can imagine it won't scale. Oh, shoot, I've run out of funds but at least I've made progress.

Unfortunately without additional funding I will not be able to finish the development; as such none of the funding plus can be returned yet.

clownius

sr. member

Activity: 448

Merit: 254

Quote from: DeathAndTaxes on April 06, 2013, 10:51:13 AM

Quote from: clownius on April 06, 2013, 10:44:21 AM

I was more commenting on the fact that it appears on these forums. I know Moderation of a busy forum is a never ending task but it would be nice to see a few of the obvious scams get locked/moderated.

The moderators don't believe in heavy censorship. They don't delete anything other than obvious trolling, illegal activity, or violation of forum rules. Potential scams are not acted upon. In the decentralized nature of Bitcoin, users should take personal responsibility for their own wealth.

Interesting way to run things. Hope it works out over the long term.

DeathAndTaxes

donator

Activity: 1218

Merit: 1079

Gerald Davis

Quote from: clownius on April 06, 2013, 10:44:21 AM

I was more commenting on the fact that it appears on these forums. I know Moderation of a busy forum is a never ending task but it would be nice to see a few of the obvious scams get locked/moderated.

The moderators don't believe in heavy censorship. They don't delete anything other than obvious trolling, illegal activity, or violation of forum rules. Potential scams are not acted upon. In the decentralized nature of Bitcoin, users should take personal responsibility for their own wealth.

TiagoTiago

hero member

Activity: 616

Merit: 500

Firstbits.com/1fg4i :)

I guess it is better if the common user isn't walled from the threat of scams so they learn to remain watchful instead of being left in a state of innocence ready to be picked by any scammer that manages to fly under the radar...

clownius

sr. member

Activity: 448

Merit: 254

I was more commenting on the fact that it appears on these forums. I know Moderation of a busy forum is a never ending task but it would be nice to see a few of the obvious scams get locked/moderated.

The actual BitCoin itself i have no problem with or i wouldnt be here.

In fact what amazes me most is people actually get caught as much as anything.

BurtW

legendary

Activity: 2646

Merit: 1137

All paid signature campaigns should be banned.

Trendon used a "black box" and told you that you would get your BTC back plus interest.

These bozos also use a "black box" but are telling you up front that you will get back less BTC than you put in.

I guess that makes them more honest than Trendon.

TiagoTiago

hero member

Activity: 616

Merit: 500

Firstbits.com/1fg4i :)

Quote from: clownius on April 06, 2013, 10:29:36 AM

Quote from: lebing on April 06, 2013, 05:44:24 AM

Pirates gonna Pirate.

I may be a newbie but my thinking exactly. The number of similar Idea/investments call it what you will that i have seen on these forums is amazing. They all seem to end badly before too long. Well badly for the investors. The people running them sail happily off into the sunset with fiat currency im sure.

BitCoin has a future if it can find a way to control this sort of thing. But currently its very poor advertising for Bitcoin seeing these sort of posts all through the forums.

If thieves wanna steal it, it must be worth somthing...

DeathAndTaxes

donator

Activity: 1218

Merit: 1079

Gerald Davis

Quote from: clownius on April 06, 2013, 10:29:36 AM

Quote from: lebing on April 06, 2013, 05:44:24 AM

Pirates gonna Pirate.

I may be a newbie but my thinking exactly. The number of similar Idea/investments call it what you will that i have seen on these forums is amazing. They all seem to end badly before too long. Well badly for the investors. The people running them sail happily off into the sunset with fiat currency im sure.

BitCoin has a future if it can find a way to control this sort of thing. But currently its very poor advertising for Bitcoin seeing these sort of posts all through the forums.

Bitcoin is a protocol and a currency. Bitcoin can't control anything. Remember there is no state. The dollar is used for all types of crimes. Nobody excepts dollar bills to fight malicous use. Now the STATE might do that but there are two seperate entities.

Of course the STATE isn't the only entity which can prevent crime. Potential victims can also. If people hadn't given Pirate any Bitcoins ... Pirate wouldn't have been able to steal any Bitcoins. It is called personal responsibility. People have a choice they either demand the state protects them from ever potential risk or they starting protecting themselves. Anyone who gives this "bank" anything will lose everything and hopefully they learn from it.

clownius

sr. member

Activity: 448

Merit: 254

Quote from: lebing on April 06, 2013, 05:44:24 AM

Pirates gonna Pirate.

I may be a newbie but my thinking exactly. The number of similar Idea/investments call it what you will that i have seen on these forums is amazing. They all seem to end badly before too long. Well badly for the investors. The people running them sail happily off into the sunset with fiat currency im sure.

BitCoin has a future if it can find a way to control this sort of thing. But currently its very poor advertising for Bitcoin seeing these sort of posts all through the forums.

BurtW

legendary

Activity: 2646

Merit: 1137

All paid signature campaigns should be banned.

Quote from: laffenlarry on April 06, 2013, 03:18:49 AM

blah blah blah, or you are all smoking something you shouldn't be.

Actually we can purchase this directly with Bitcoins!

lebing

legendary

Activity: 1288

Merit: 1000

Enabling the maximal migration

Pirates gonna Pirate.

dflatline

newbie

Activity: 14

Merit: 0

Whenever he says you don't understand anything about economics what he actually means is you do, that's why whenever anyone asks any question that shows they know what they're talking about and he doesn't then he calls them stupid and refuses to answer. He's lost interest in responding to you because he knows you're not a mark or a 'sucker'.

He'll never say 'why' you're wrong, because he can't. He is actually well aware he is wrong.

You'll notice in this thread he tries to push anyone critical into communicating with him via email. This is so he can can pretend to have an answer in public, but not make a fool of himself by actually giving one. What he doesn't realise is it's already way past that and he's not even doing damage control anymore, he's just digging himself a bigger hole.

Slackware1995

member

Activity: 72

Merit: 10

Quote from: laffenlarry on April 06, 2013, 04:14:46 AM

You also obviously have no concept about what Decentralization is, nor how it works, can work, and can be a freedom.

You stick to your centralized thoughts and your BitCoin.

When it finally strikes you, and it may never strike you unfortunately, but either way it will be too late.

But it's time to get some rest. One of us or all of us will keep the thread up again tomorrow!

And again, thanks to everyone for their continued participation.

Wow, you continue on with your gibberish.

You have "The Vision", it's so clear to you that any "dead chimp" should see it, but we can't, or if we do it'll be too late. But your clear vision is just so hard to describe to us dead chimps. We don't understand economics, we don't understand centralization/decentralization and we don't even see how bitcoin is centralized.

The poor dead chimps on this forum.. if we could just come back to life and see the vision in your head that is so clear, the world would change. Of course this vision that can change the world as we know it is so important, that you can't speak it.

Your business plan with just a handful of participants, if it could just get some donations of BTC now, could change the world. If only the dead chimps could see that BTC isn't money, they'd surely send you donations of something of no value!

laffenlarry

newbie

Activity: 14

Merit: 0

Quote from: kcz123 on April 06, 2013, 04:12:49 AM

I can see where your ideas come from and I don't think you are a scammer

, but I don't think it's realistic:

1) BTC is Decentralized, while USD, GBP, JPY etc are not. If you open a "bank" operating both asset class, there is no doubt you will be regulated by whichever regulators in the countries your business is based, especially if you are going to offer "interest" on deposit. That compromises the "Decentralized" nature of BTC. For example, if you are based in Cyprus and they decided to take 10% of "all savings in banks", I am prettly sure the savings (BTC and real currencies) in your "bank" will be affected.

2) I don't see how it is possible that any of the physical currency deposit (USD, GBP, JPY, etc) will be eligible for deposit guarantee (US FDIC $250k, £85k in UK). That makes saving at your "bank" very risky.

3) If you are setting up your business as solely using BTC as "Payment Clearing System" for other currencies, that's basically a BTC exchange, not a bank. And there are plenty of exchanges around for this already (though all of them have needs to improve massively). The fact that the established BTC exchanges around the world constantly have problems with physical currency payment is also a proof of difficulties mixing BTC with physical currencies.

3) Your business will most likely be the target of Money Laundry activities and be heavily regulated by Anti-Money Laundry Regulations. This not only makes "saving" in your business insecure (as your business could be shut down by regulator any time). There is already plenty of negative news of BTC associated with drugs and money laundry. The last thing this community needs is more association with money that are illegal.

Thanks you, you are very close, but it's not One Thing. Rather it's a component piece.

But we'll get to that later, I'm sure.

Topic: Hi! BitCoin Fully Decentralized Hard Asset Backed Bank! - page 2. (Read 6044 times)