“I thought there was only going to be 21,000,000 million in bit coin generated ever?”
Still true. Unlike fiat currency which can be and is continuously devalued through ‘quantitative easing’, otherwise known as ‘money printing’.
In the case of Mt.Gox the blockchain and Bitcoin were not the problem. Unscrupulous people and, well yes, suckers were.
There was a time when you could walk into a Tesla dealership, plunk down some bitcoins, and walk out with a new car. I suspect they’re not accepting bitcoins anymore.
The historic problems with Software was VAPOR-ware, now it’s the back door access that doesn’t exist….Flip flop
Hmmmm an alternative currency that can be turned off, manipulated, or destroyed with a switch, an EMP or any other form of electronic or malware vandalism or, something shiny, rather rare, and well known – that one can hold and hide as required…let me think about that…..
I’m with you john chittic i don’t even like fiat currency but it just makes life alot easier . It will all collapse.
This was just a free lance grafter. It’s the big banking interests who are pushing a cashless society – they wage war on cash daily. The war on free exchange media is a war on personal liberty.
Greenpeace urging us to send them $500 to save the polarbears yammer off about Global Warming then fueling their two ships with Diesel and their zodiacs with Gasoline to go all over the world and commit crinimal acts GREENPEACE GO AWAY
Looks like most here cannot count, and don’t know how the blockchain works.
amazing how many bought into (pun intended) a currency system that was unregulated and surrounded by a great mystery as to who started it.
echoes of ronnie raygun et al and the deregulation of the mortgage business in a manner of speaking. at least the aspect of vanishing value…..
personally I had not a titch of interest (again pun intended) in utilizing this, this, this ummm ‘ghost’.
Most money is just bits in memory somewhere. A collective fantasy with rigid rules.
The most essential ingredient in currency (cash) is trust. It’s just fancy paper, or cupro-nickel alloy, without that. And that is what Bitcoin has lost. It won’t recover.
Suckers born every second. I’m just jealous I haven’t come up with a way to fleece them yet! :):)
I thought there was only going to be 21,000,000 million in bit coin generated ever?
Lol. Tards!
Unbelievable, how gullible people are. The same mindset ends up backing ultra fringe candidates like Ron Paul.
GASP What? A scam?
How unexpected!
“I thought there was only going to be 21,000,000 million in bit coin generated ever? ”
Still true. Unlike fiat currency which can be devalued due to ‘quantitative easing’, money printing.
Mt. Gox was not a blockchain or Bitcoin problem, it was unscrupulous people taking advantage of, well yes, suckers.
Just saying.
http://www.coindesk.com/8-banking-giants-bitcoin-blockchain/
http://www.coindesk.com/deutsche-bank-letter-touts-expertise-in-blockchain-tech/
http://www.coindesk.com/microsoft-event-explores-use-of-blockchain-tech-for-social-good-2/
“I thought there was only going to be 21,000,000 million in bit coin generated ever?”
Still true. Unlike fiat currency which can be and is continuously devalued through ‘quantitative easing’, otherwise known as ‘money printing’.
In the case of Mt.Gox the blockchain and Bitcoin were not the problem. Unscrupulous people and, well yes, suckers were.
There was a time when you could walk into a Tesla dealership, plunk down some bitcoins, and walk out with a new car. I suspect they’re not accepting bitcoins anymore.
Just saying.
[French bank BNP Paribas is reportedly looking into the possibility of adding bitcoin to one of its currency funds, according to International Business Times.}
http://www.coindesk.com/8-banking-giants-bitcoin-blockchain/
That’s why all my money is in carbon credits!
The historic problems with Software was VAPOR-ware, now it’s the back door access that doesn’t exist….Flip flop
Hmmmm an alternative currency that can be turned off, manipulated, or destroyed with a switch, an EMP or any other form of electronic or malware vandalism or, something shiny, rather rare, and well known – that one can hold and hide as required…let me think about that…..
I’m with you john chittic i don’t even like fiat currency but it just makes life alot easier . It will all collapse.
This was just a free lance grafter. It’s the big banking interests who are pushing a cashless society – they wage war on cash daily. The war on free exchange media is a war on personal liberty.
Greenpeace urging us to send them $500 to save the polarbears yammer off about Global Warming then fueling their two ships with Diesel and their zodiacs with Gasoline to go all over the world and commit crinimal acts GREENPEACE GO AWAY
Looks like most here cannot count, and don’t know how the blockchain works.
amazing how many bought into (pun intended) a currency system that was unregulated and surrounded by a great mystery as to who started it.
echoes of ronnie raygun et al and the deregulation of the mortgage business in a manner of speaking. at least the aspect of vanishing value…..
personally I had not a titch of interest (again pun intended) in utilizing this, this, this ummm ‘ghost’.
Most money is just bits in memory somewhere. A collective fantasy with rigid rules.
The most essential ingredient in currency (cash) is trust. It’s just fancy paper, or cupro-nickel alloy, without that. And that is what Bitcoin has lost. It won’t recover.