Here is the problem:

Bitcoin is already known for facilitating illicit drug purchases on TOR. That's a fact.

If/when the Yiddishfellows in control of international finance decided Bitcoin was a threat, you would soon see the Western .gov's equate bitcoin mining or transactions to terrorism and quickly make it illegal. Inspecting those packets on the major carrier networks would be a very simple endeavor.

Good luck.

The Lucky AC  Wrote:

Here is the problem:

Bitcoin is already known for facilitating illicit drug purchases on TOR. That's a fact.

If/when the Yiddishfellows in control of international finance decided Bitcoin was a threat, you would soon see the Western .gov's equate bitcoin mining or transactions to terrorism and quickly make it illegal. Inspecting those packets on the major carrier networks would be a very simple endeavor.

Good luck.

Thanks Lucky... But wouldn't that logic mean that they would have to Shut down the USD as well?

Other facts r this.... the USD is the Biggest Drug Currency there has Ever been....Also the CIA are the Main Drug Traffickers of the world !

Yet the USD still goes fourth ( May end soon though)

Interesting times indeed....

here ya go dude. this is a great idea:

"If Bitcoin were to become the alternative to PayPal and U.S.-based credit cards for getting cyberlocker services it would mean that there would be money flowing into outfits that exchanged and traded in bitcoins. This means that they’d have a reason to make their systems more stable, the currency itself would find a happy medium with a larger critical mass of trading going on, and we’d see innovation taking advantage of the presence of money flow.

It’s worth to note that the market for bitcoins is already extant, it functions, and it’s survived several major upheavals (including losses of bitcoins, hacking, and even market crashes) and we’ve seen it used in the real world for trading and for selling products.

If Kim Dotcom uses his celebrity to bring attention to the use of Bitcoins for cyberlocker access, welding the two together will most likely bring both out with a much bigger market than before and make both of them much more resilient to economic siege by the copyright industry."
(emphasis mine)
http://siliconangle.com/blog/2012/07/11/...s-big-win/

more at link

JUMP!

Darkzen  Wrote:

The Lucky AC  Wrote:

Here is the problem:

Bitcoin is already known for facilitating illicit drug purchases on TOR. That's a fact.

If/when the Yiddishfellows in control of international finance decided Bitcoin was a threat, you would soon see the Western .gov's equate bitcoin mining or transactions to terrorism and quickly make it illegal. Inspecting those packets on the major carrier networks would be a very simple endeavor.

Good luck.

Thanks Lucky... But wouldn't that logic mean that they would have to Shut down the USD as well?

Other facts r this.... the USD is the Biggest Drug Currency there has Ever been....Also the CIA are the Main Drug Traffickers of the world !

Yet the USD still goes fourth ( May end soon though)

Interesting times indeed....

Cui Bono?

Who benefits?

No, indeed, the USD has been a boon to yon Hymie.

They will shut down any true threats to their illegal enterprise by whatever pretense they decide.

I know someone will argue that SSL & proxies will keep them safe when that time comes. To that I say:

Darkzen  Wrote:

Ozymandias  Wrote:

While I love the idea of wresting monetary control from the Fuckall Reserve, BC is still data. India was without data for a few days last week. It's flawed to me.

I'm not looking at this as a way to feed the world... I just wanna get in... and get out before it collapses...

Oh. Well I suppose as long as you get yours, it's all good. Have you considered buying Facebook stock?


(Disclaimer: No position. Not financial advice)

DanceChillGroove  Wrote:

Interesting. Didn't know they had physical.



https://en.bitcoin.it/wiki/Physical_bitcoins

So what is the difference between bitcoons-real coins- and say arcade tokens???

Quote:HOW THEY WORK: The "private key" is on a card embedded inside the coin and is protected by a tamper-evident hologram. The hologram leaves behind a honeycomb pattern if it is peeled. If the hologram is intact, the bitcoin is good.

The 8-character code you see on the outside of the coin is the first eight characters of the Bitcoin address assigned specifically to that coin. You can verify the coin's balance on Block Explorer. There is a mathematical relationship between the Bitcoin address and the private key inside the coin. The digital bitcoin is actually located on the public "block chain" stored on the internet, but it is completely inaccessible to anyone unless the private key from the coin is loaded into a Bitcoin wallet.

If you need to recover the digital bitcoins, there are several ways to convert the embedded code back into a digital bitcoin so it can be spent over the internet. Most importantly, none of the methods relies on me or any other central issuer, due to Bitcoin's completely decentralized design. The embedded private key code is everything a Bitcoin node needs to find and claim the digital Bitcoins from the peer-to-peer network. For example, you can enter (or "import") your coin's private key code directly into Bitcoin clients such as Armory, Blockchain.info, or directly into Mt. Gox as a deposit method. (Casascius coins use the "minikey" private key format, and the main Bitcoin.org client does not yet support redeeming minikeys.)

here ya go dude. this is a great idea:

"If Bitcoin were to become the alternative to PayPal and U.S.-based credit cards for getting cyberlocker services it would mean that there would be money flowing into outfits that exchanged and traded in bitcoins. This means that they’d have a reason to make their systems more stable, the currency itself would find a happy medium with a larger critical mass of trading going on, and we’d see innovation taking advantage of the presence of money flow.

It’s worth to note that the market for bitcoins is already extant, it functions, and it’s survived several major upheavals (including losses of bitcoins, hacking, and even market crashes) and we’ve seen it used in the real world for trading and for selling products.

If Kim Dotcom uses his celebrity to bring attention to the use of Bitcoins for cyberlocker access, welding the two together will most likely bring both out with a much bigger market than before and make both of them much more resilient to economic siege by the copyright industry."
(emphasis mine)
http://siliconangle.com/blog/2012/07/11/...s-big-win/

more at link

JUMP!

Mr.Clean  Wrote:

DanceChillGroove  Wrote:

Interesting. Didn't know they had physical.



https://en.bitcoin.it/wiki/Physical_bitcoins

So what is the difference between bitcoons-real coins- and say arcade tokens???

This is actually pretty cool.

Quote:HOW THEY WORK: The "private key" is on a card embedded inside the coin and is protected by a tamper-evident hologram. The hologram leaves behind a honeycomb pattern if it is peeled. If the hologram is intact, the bitcoin is good.

The 8-character code you see on the outside of the coin is the first eight characters of the Bitcoin address assigned specifically to that coin. You can verify the coin's balance on Block Explorer. There is a mathematical relationship between the Bitcoin address and the private key inside the coin. The digital bitcoin is actually located on the public "block chain" stored on the internet, but it is completely inaccessible to anyone unless the private key from the coin is loaded into a Bitcoin wallet.

If you need to recover the digital bitcoins, there are several ways to convert the embedded code back into a digital bitcoin so it can be spent over the internet. Most importantly, none of the methods relies on me or any other central issuer, due to Bitcoin's completely decentralized design. The embedded private key code is everything a Bitcoin node needs to find and claim the digital Bitcoins from the peer-to-peer network. For example, you can enter (or "import") your coin's private key code directly into Bitcoin clients such as Armory, Blockchain.info, or directly into Mt. Gox as a deposit method. (Casascius coins use the "minikey" private key format, and the main Bitcoin.org client does not yet support redeeming minikeys.)

https://www.casascius.com/