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Topic: I am never using Bitpay!Former SEC chair takes advisory roles bitpay and vaurum! - page 2. (Read 2063 times)

legendary
Activity: 1260
Merit: 1001
Yes there is something that can be done about it. It just takes some balls!

If you don't want Wall St. in your cool aid then you should not be using money. Wherever there is money the banks will come. There is nothing that can be done about it.
The good news is that bitcoin is not something the banks can do much about, except participate.
legendary
Activity: 1260
Merit: 1001
Against goods and services! Take the most popular/necessary for human life and use those! Maybe even digital goods! Valuing bitcoin against fiat is the worst thing that could have happened to Bitcoin!

The pegging of Bitcoin to USD will be the demise of Bitcoin! If you really think about it, all the exchange scams, all the BS stems directly from that. Imagine how many problems would be eliminated if Bitcoin was not associated with USD at all.

What I don't understand is, people created Bitcoin to avoid middle men such as banks and then companies like Bitpay are created... people should avoid middle men at all costs.

What would you peg the price of BTC to then?
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
If you don't want Wall St. in your cool aid then you should not be using money. Wherever there is money the banks will come. There is nothing that can be done about it.
The good news is that bitcoin is not something the banks can do much about, except participate.
legendary
Activity: 1106
Merit: 1001
The pegging of Bitcoin to USD will be the demise of Bitcoin! If you really think about it, all the exchange scams, all the BS stems directly from that. Imagine how many problems would be eliminated if Bitcoin was not associated with USD at all.

What I don't understand is, people created Bitcoin to avoid middle men such as banks and then companies like Bitpay are created... people should avoid middle men at all costs.

What would you peg the price of BTC to then?

Yeah, pegging doesn't mean what you think it means... even this definition of pegging  Grin
sr. member
Activity: 369
Merit: 250
The pegging of Bitcoin to USD will be the demise of Bitcoin! If you really think about it, all the exchange scams, all the BS stems directly from that. Imagine how many problems would be eliminated if Bitcoin was not associated with USD at all.

What I don't understand is, people created Bitcoin to avoid middle men such as banks and then companies like Bitpay are created... people should avoid middle men at all costs.

What would you peg the price of BTC to then?
legendary
Activity: 1260
Merit: 1001
The pegging of Bitcoin to USD will be the demise of Bitcoin! If you really think about it, all the exchange scams, all the BS stems directly from that. Imagine how many problems would be eliminated if Bitcoin was not associated with USD at all.

What I don't understand is, people created Bitcoin to avoid middle men such as banks and then companies like Bitpay are created... people should avoid middle men at all costs.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
sr. member
Activity: 427
Merit: 250
What I don't understand is, people created Bitcoin to avoid middle men such as banks and then companies like Bitpay are created... people should avoid middle men at all costs.
legendary
Activity: 1260
Merit: 1001
http://www.coindesk.com/former-sec-chair-takes-advisory-roles-bitpay-vaurum/

If you don't want to see Bitcoin get taken over by the Scum from Wallstreet, I suggest everyone in the Bitcoin community boycott any company that hires these types of people!
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