So tell me again how one makes Bitcoins out of thin air. Just to be clear, I'm talking about Bitcoins here, ones that can be exchanged via the block chain.
The blockchain becomes too big to be handled by usual PCs.
In future we may need some special services that will prove that particular bitcoins are legit. Of coz the most trustful service will be provided by TBF. And
it will gain ability to create faked bitcoins. As noone will be able to make reverse-engineering of Bitcoincard, then noone will be able to change the service used by such cards. A lot of room for manipulations here.
Is that a joke? Do you really believe that? Do you understand the words that are coming out of your mouth?
Bitcoins cannot be faked, the Blockchain will reject them.
One cannot make Bitcoins out of thin air and the BTC is converted to USD before it is loaded onto the debit card. How could you create a fractional-reserve system with that? Please explain what you mean.
I'm talking about Bitcoincard. With unaccessible proprietary software inside the chip.
AFIAK the BTC i converted to USD and then loaded onto the card. Then the card holder can spend it anywhere like using a normal debit card.
If the card magically starts creating money after loading my BTC on it, I sure as hell want one. But that would screw the card issuer or BitInstant, not me.
I'm talking about OTHER card -
https://bitcointalksearch.org/topic/m.1245856Your argument still has no bearing.
You also quoted 2 different cards in your original post.
This isn't the debit card thing from bitinstant?
No.
Yes, you are fooling people by quoting 2 different cards in your post.
If this is the Bitcoincard, why did you write about the BitInstant Paycard in your post?
C'mon answer me, I'm waiting for your arguments...