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BrokenPipe
searching PlanetScale…
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91.
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BrokenPipe
14y ago
usually you can pick but most people pin their btc prices to their own local currency for convenience.
92.
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BrokenPipe
14y ago
In UK it is even worst, the equivalent of US $177, check on bitbargain.co.uk/buy or localbitcoins.com.
93.
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BrokenPipe
14y ago
public keys are only available after you make a transaction and usually the bitcoin clients create a new address for each new transaction such that the public key for the account which actually holds the coins is never revealed.
94.
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BrokenPipe
14y ago
Thank you! I checked out https://wikipedia.org/wiki/Friedrich_von_Hayek and it is very interesting!
95.
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BrokenPipe
14y ago
I don't this his language was emotional at all. I don't want my money to be spent in certain ways. I like voluntarism and of course I would try to improve the situation around my area instead of financing war, prisons and luxury for the cor
96.
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BrokenPipe
14y ago
there is demand, international ecommerce with anonyimity
97.
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BrokenPipe
14y ago
so you're saying that gold is a ponzi scheme ?
98.
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BrokenPipe
14y ago
Intangible ? Bitcoins ? I would say the dollar is pretty much intangible. Only 7% of it is printed, all the rest is on computers. And my $10 in 2005 had more purchasing power than my $10 do now. Effectively having bitcoin means each time yo
99.
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BrokenPipe
14y ago
You have the incentive to spend. You need to live so you will use your fiat and bitcoin to buy for food, gas, electricity and things that you want. I know the bitcoin is going to be worth more, but I still spend it today just like I know th
100.
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BrokenPipe
14y ago
You know, open source. I can decide not to take the new version or I can even fork it. The majority decides, democracy like.
101.
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BrokenPipe
14y ago
Right, and that is the point: even if you accept Gold payments, you still need to eventually get Euro. Ultimately, this is why I believe that Gold cannot survive with the Gold exchanges.
102.
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BrokenPipe
14y ago
the only issue with them is that little by little they lose more and more of their purchasing power so you should either invest or use all immediately
103.
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BrokenPipe
14y ago
Well said. I've had enough of this inflation. The poorer you are, the less likely you have money in any investment that is yields better results that inflation. The richer you are, the more likely you have your money both diversified and in
104.
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BrokenPipe
14y ago
If bitcoin is going to be here in 2 years then I think it's undervalued. In some exchange it has reached past $111
105.
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BrokenPipe
14y ago
Sure, but it doesn't make it any less usable for the others, it fact it increases everyone else's purchasing power
106.
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BrokenPipe
14y ago
this is the effect of the scarcity of bitcoin. there's a tremendous network effect, more and more online shops accepting them as well as AFK. it allows much lower fees and risk than credit cards with their 3% plus chargebacks, up to 5-10% b
107.
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BrokenPipe
14y ago
It has a place on hacker news, I guess OP can just not read it ?
108.
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BrokenPipe
14y ago
fees are being adjusted as we speak (at least the default) but you should know that the fee is optional
109.
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BrokenPipe
14y ago
well there are more and more ways to spend them. in the usa soon you'll be able to pay for city services and you can already top up your phone worldwide as well as pay electricity in southafrica. You can buy stuff over amazon or with bitspe
110.
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BrokenPipe
14y ago
an inflating currency ? Why would I ever get into it if my government wasn't to force me like they did in the states before it was backed by gold ?
111.
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BrokenPipe
14y ago
it's amazing. I got tipped a few month ago something like $2 and it is now $6.
112.
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BrokenPipe
14y ago
What doesn't kill bitcoins makes it harder.
113.
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BrokenPipe
14y ago
I love bitcoins, easy to use, no middle man, quick. I can travel with them yet nobody can take them from me.
114.
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BrokenPipe
14y ago
I also think a government could make it illegal and if it's a key government or even more than one it will impact the bitcoin market tremendously. It's not unheard of for a government to do something like this, my understanding is that it w
115.
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BrokenPipe
14y ago
I think that's called hole punching http://en.wikipedia.org/wiki/Hole_punching
116.
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BrokenPipe
14y ago
Agreed.
117.
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BrokenPipe
14y ago
When the code gets cranky, its time to refactor. Piling shit on top of it just makes it worst. I'm not talking about NIHS or rewrites, I'm talking about refactoring. And lots of edge cases and special things are not a good thing in law or s
118.
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BrokenPipe
14y ago
Mostly lawyers. Which shouldn't be necessary. But they are because there is no way for normal people to fully understand the law. How can we even be expected not to break it regularly? I see lawyers as some sort of bad kind of software deve
119.
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BrokenPipe
14y ago
In my view, just because 'usually' they don't seek maximum penalty it doesn't mean he doesn't get it, as suggested itself by her office the final call is not hers. I'm glad more and more people are coming out on this issue.
120.
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BrokenPipe
14y ago
He forgot the rapping but he did give thumbs up!
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