bitcoin?

[hugenscrawny]

Think you'll ever use or accept bitcoin?I know if you're not libertarian than you at least lean that way.


So if you're not, is it due to not being at all familiar with it therefore having no opinion? Or more of a gold guy like peter schiff sharing his opinion on it? Think it's dumb? Or something else?

[Mark Rippetoe]

I'm not terribly familiar with or terribly curious about Bitcoin. It is a bad idea when governments control the money, so I suppose it has its redeeming characteristics. But then, it will be gone soon, because They cannot allow such things to flourish.

[Optimus]

I'm not terribly familiar with or terribly curious about Bitcoin. It is a bad idea when governments control the money, so I suppose it has its redeeming characteristics. But then, it will be gone soon, because They cannot allow such things to flourish.

"They" have already decided it will be taxed as property. The block-chain technology has amazing potential to make Bitcoin or some other crypto currency the future of money. The best way I've heard it described is "Bitcoin isn't internet money, it's the internet of money." New technologies like DarkWallet, etc have the potential to make what They think/do about it irrelevant. Very interesting stuff.

[Immortal_k]

"They" have already decided it will be taxed as property. The block-chain technology has amazing potential to make Bitcoin or some other crypto currency the future of money. The best way I've heard it described is "Bitcoin isn't internet money, it's the internet of money." New technologies like DarkWallet, etc have the potential to make what They think/do about it irrelevant. Very interesting stuff.

Regardless, they'll put their best minds to work in order to stop it from progressing and hurting their fiat money. Propaganda has already started in deterring people from using crypto currency.

[Optimus]

Regardless, they'll put their best minds to work in order to stop it from progressing and hurting their fiat money. Propaganda has already started in deterring people from using crypto currency.

If crypto is fit for the task, market will override government/corporate intervention. See anti-gmo sentiment/labeling as example. Crypto has already caught on. Mining/crypto markets currently take up more internet "space" then porn!

[Mark Rippetoe]

Mining/crypto markets currently take up more internet "space" then porn!

This is ludicrous bullshit.

[Matt Reynolds]

Rip uses and accepts credit card, check, cash, and whisk(e)y as forms of payment.

What else do you need?

[Nick Klemetson]

How many bottles of Templeton Rye would it take to pay for a seminar?

[Nate]

You forgot kimchee.

Rip, don't forget your passport.

[Mark Rippetoe]

How many bottles of Templeton Rye would it take to pay for a seminar?

I don't like Templeton Rye.