Bitcoins

[WTFisLoud]

Glad to see that certain sites are now allowing use of bitcoins to be used as currency, I'm curious if the online cannabis community is catching on to what seems to be a more secure way of doing business.

Also, I had a friend recommend I buy bitcoins 10 years ago. "Yeah right" I told him.

 

[HighDesertAz]

I remember when bitcoin mining first started. I was so tempted to throw down alot of cash for a bunch of graphics cards, but there was really no way to use it and many people were skeptic (not to mention it started to crash).

It looks like its starting to crash again. I would rather invest in precious metals and capital goods.

 

[OakyJoe]

Bought my first Coins year ago for 50 penns a Coin. Dudes laughed me out at this time....

 

[SPG.]

I recently used Bitcoins Via a friend to buy some buds etc Online

 

[NEGT1]

Still struggling to see what these do for society as a whole.

 

[SPG.]

Anonymous Online Payment i believe


Not an expert tho jus' what i heard..

 

[jayjayfrank]

yay! my favorite subject!

excel spreadsheets for everybody!

 

[EsterEssence]

Who/what backs them up? Is it just another form of funny money...

 

[jayjayfrank]

bitcoin is a open source decentralized digital asset ledger, what backs them up is math and electricity

 

[GSPfan]

It's too much of a pain in the ass to obtain bitcoins.

 

[SPG.]

^ Ive Heard Exactly that but also its the only Safe way to buy weed online!?
Vendors will only Accept Bitcoins im sure

Out of Rep

 

[WTFisLoud]

People used to be able to "mine" them, now it's damned near impossible to do it.

 

[BudBongJovi]

Bitcoin was invented in 2008 as a currency that could be used without government oversight. What used to be a way to make money has now become an international haven for illicit businesses and the transfer of money over international borders. Some good articles online regarding bitcoin and it's potential as an international currency void of cross border taxes and withholdings.

The next steps involve small nations like St. Kitts offering passports for $500,000 with a promised 5 year stay. Great for large scale Chinese investors and the early pioneers of bitcoin.

http://www.bloomberg.com/news/2014-...calls-rich-to-tax-free-tropical-paradise.html

In the future, Peter Thiel, the billionaire co-founder of PayPal plans to build an artificial island where people can do whatever they want. Ver’s passport site, his latest venture, is a scaled down version of that ideal.

 

[jayjayfrank]

the seasteading institute was around before bitcoin but they both seem to have been causes taken up by all these new libertarian groups

at first nobody wanted them because there was no place to use them, now everybody can spend them but cant get them from anywhere

even the crazy hermits living up in the hills still laugh at the city slicker

 

[voxberry]

bitcoins ! love them, keep them, share with your friends !

 

[b3fr33]

It's too much of a pain in the ass to obtain bitcoins.

In some places you can buy bitcoins for cash

 

[blastfrompast]

Buddy mined, and has a Bitcoin ATM card.

Withdraw cash based on current market price....

 

[stoned-trout]

no thanks ..its bad enough the dollars I have aren't backed up by gold anymore. they just keep printing.i like real cash in hand..till our economy crashes then it wont matter much anyhow

 

[vostok]

Anything free of Government is me ...!

 

[dddaver]

WAY too restrictive. When I tried buying some I got the definite impression they were just fraught with fraud. I quit trying.

Not eye said the blind man.