Topic: Zealots and Criminals, Is no one using bitcoin for legitimate purchases? - page 2. (Read 5542 times)

Quote from: johnyj on June 26, 2013, 09:02:47 PM

It was Paypal President David Marcus that said "The big question is whether [Bitcoin] is going to go mainstream or stay limited to just a few zealots and criminals."

i use bitcoin and not in a criminal way.

Maybe the article would be better written as "Zealots and Criminals, Is it possible for anyone anywhere to pay or get paid without breaking any laws?". Technically if you get cash out of an ATM and spend it in a shop somewhere else your a money transmitter and need to be registered as such. That's the way the fascist states like it, everyone's guilty of something.

yep. america has become its own oppressor.

America is not a fascist state. It's a republic. The problem is that public opinion has swung so far toward the extreme of security over freedom that the public is oppressing themselves. Either things will change, or the public will "get used to" less freedom and keep demanding more and more security.

Everyone is talking about the 1% oppressing the 99%, but the real issue is the 51% oppressing the 49%, and that has nothing to do with wealth.

that's the dumbest shit i've ever heard anyone say.

Deal with it. Go live in Hong Kong and enjoy your ~20 years of greater freedom until China resumes control and crushed individual liberty.

What's the "dumbest shit" part? Look up fascist before you call someone an idiot.

DoomDumas

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Bitcoin

Don't worry, when bitcoin price reaches $1K+, there will be lots of users using bitcoin. Currently bitcoin just worth too little that if you spend your precious coin you will have little left (suppose most of the users have 1-100 coin), but if one bitcoin worth a lot, then lots of people will start to spend them

Gavin said that if the price double every year then you can always spend half of your coins and still maintain the same purchase power. Suppose that you need 30K USD each year to have a decent life, you have to spend $30K worth of coin each year, and that is 300 bitcoin in today's price, means 600 coins at hand, maximum 10000 users have that amount of coin

But if that figure dropped to 30 bitcoin, things will be very different

It takes time to distribute the bitcoin first, currently it is through mining, but later when there are lot of people spending coins and the coin supply is shrinking, selling goods/services will become the main method to get coins

Very nice tought ! +1

I totally agree to this enlighted vision

DoomDumas

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Bitcoin

Bought and sold a lot of stuff in BTC.

Fiat currency, XBox360, GPUs, Chevy 95 Pickup, Shirts, Trinket, etc etc..

johnyj

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Beyond Imagination

Don't worry, when bitcoin price reaches $1K+, there will be lots of users using bitcoin. Currently bitcoin just worth too little that if you spend your precious coin you will have little left (suppose most of the users have 1-100 coin), but if one bitcoin worth a lot, then lots of people will start to spend them

Gavin said that if the price double every year then you can always spend half of your coins and still maintain the same purchase power. Suppose that you need 30K USD each year to have a decent life, you have to spend $30K worth of coin each year, and that is 300 bitcoin in today's price, means 600 coins at hand, maximum 10000 users have that amount of coin

But if that figure dropped to 30 bitcoin, things will be very different

It takes time to distribute the bitcoin first, currently it is through mining, but later when there are lot of people spending coins and the coin supply is shrinking, selling goods/services will become the main method to get coins

Stampbit

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Quote from: QuestionAuthority on June 26, 2013, 10:51:40 AM

I ran my own small business for over 20 years.

Here's some free advice.

You haven't given your business enough time to succeed or fail. Success could still happen but you have to really believe in it and work hard for it.

True, ive been told 6 months is a minimum, often for brick and mortar a year is a good measure.

Quote

Have enough capital behind you to survive.

If i knew a rich guy to fund my projects id probably be doing something a bit more fun than computer work, though i would still work on this as i really do want bitcoin to succeed and feel that a strong business community will be the only way.

Quote

Find out what your product is worth at retail and if you can live on the profit. Don't sell it for less.

When your customer can buy from your supplier its hard to ask retail.

Quote

Never tell your customer base that you're on hard times or having difficulty with your business. This causes them to lose faith in you and your doomed. Even if your living on beans and sawdust bread your customers need to think your driving a limo everywhere you go.

Ill take that to heart. This isnt my main job of course but it is a neat experiment.

farlack

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Quote from: Razick on June 26, 2013, 06:01:41 PM

Quote from: TheFootMan on June 26, 2013, 11:39:42 AM

It was Paypal President David Marcus that said "The big question is whether [Bitcoin] is going to go mainstream or stay limited to just a few zealots and criminals."

i use bitcoin and not in a criminal way.

Maybe the article would be better written as "Zealots and Criminals, Is it possible for anyone anywhere to pay or get paid without breaking any laws?". Technically if you get cash out of an ATM and spend it in a shop somewhere else your a money transmitter and need to be registered as such. That's the way the fascist states like it, everyone's guilty of something.

yep. america has become its own oppressor.

America is not a fascist state. It's a republic. The problem is that public opinion has swung so far toward the extreme of security over freedom that the public is oppressing themselves. Either things will change, or the public will "get used to" less freedom and keep demanding more and more security.

Everyone is talking about the 1% oppressing the 99%, but the real issue is the 51% oppressing the 49%, and that has nothing to do with wealth.

... wrong 49% just don't pay taxes at the end of the year.. You don't have to make that much to begin paying taxes. Those making a few million a year are not oppressing anyone.

Stampbit

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Just a couple of thoughts:

I see at Stampbit you need to download a spreadsheet and input data that way. Make it all web-based, so it's easier.

Hi, ive seen this suggested a few times and have considered it, and agree that this would certainly make it more accessible, not needing local software to process an order, however at the moment since i am doing this all manually and dont have any way to implement a shopping cart email is the best way to keep track of all of this. And of course this prevents anyone from accidentally submitting a wrong email address which would prevent me from fulfilling an order. With an automated solution i would make this entirely web based but until then i must continue with this slightly clunkier method. Thanks for the advice.

Stampbit

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Quote from: bluemeanie1 on June 26, 2013, 01:50:04 AM

Quote from: Razick on June 26, 2013, 06:01:41 PM

It was Paypal President David Marcus that said "The big question is whether [Bitcoin] is going to go mainstream or stay limited to just a few zealots and criminals." I started my bitcoin business, stampbit.com, with the intention of finding out for myself. Its been two months since i have started and have seen very little interest for this bitcoin version of USPS click'n'ship. No its not instant like clicknship, nor can i reasonably compete with my supplier on price, but then again i am trying to provide something that may prove inaccessible to anyone without a paypal account or credit card, and do it in a way thats much more convenient that how USPS does.

now what sort of person doesn't have a paypal account or credit card?

either 1) very poor people. 2) criminals who don't want to divulge their identity. can you think of anyone else? if so please let us know.

I dont have a paypal account (by choice) nor do i want a credit card. I do have a debit card however thats only because i am a US citizen and have at least $500 to put into a bank. So to address your question of who doesnt have either:

1. Very poor people who cant afford a bank account.
2. Criminals who dont want to divulge their identity but dont wish to steal someone elses.
3. Foreigners who do not have a US bank account.
4. People who by principle do not wish to support our current system.
5. People who have been shut out of the current system by credit rating agencies.

There are many case scenarios as to why a paypal/cc only business would prevent someone from being able to use it.

r3wt

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always the student, never the master.

It was Paypal President David Marcus that said "The big question is whether [Bitcoin] is going to go mainstream or stay limited to just a few zealots and criminals."

i use bitcoin and not in a criminal way.

Maybe the article would be better written as "Zealots and Criminals, Is it possible for anyone anywhere to pay or get paid without breaking any laws?". Technically if you get cash out of an ATM and spend it in a shop somewhere else your a money transmitter and need to be registered as such. That's the way the fascist states like it, everyone's guilty of something.

yep. america has become its own oppressor.

America is not a fascist state. It's a republic. The problem is that public opinion has swung so far toward the extreme of security over freedom that the public is oppressing themselves. Either things will change, or the public will "get used to" less freedom and keep demanding more and more security.

Everyone is talking about the 1% oppressing the 99%, but the real issue is the 51% oppressing the 49%, and that has nothing to do with wealth.

that's the dumbest shit i've ever heard anyone say.

Razick

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Activity: 1330

Merit: 1003