FTFA: "...Linus Torvalds, who has earned tips for his commits to (what else?) the..."
Sneakernets: No one sane wants your libertarian Buttcoins. Go away.
RockofAges: EngineerAU: Sneakernets: No one sane wants your libertarian Buttcoins. Go away.I'll accept any donated bitcoins anyone wants to give me. I'll exchange them for actual currency.I would obviously do this too, and I accept the argument.But to nitpick an insane amount (or maybe not) -- isn't our "paper money" and "figures on a screen at a bank" equally suspect? I mean, really, it's just a piece of paper with a number on it. We all have to believe (or at least, a majority of us) that that bank note means anything at all in terms of value.
uttertosh: What's that, like, his subscription costs for him and his alt here on Fark? Pffft... dude's super-loaded. DMML...
DON.MAC: Take $136 and risk an investigation that at least some of that has tagged on an illegal transaction. The only way I would take that is if I was starving.
Ishkur: At the time I thought it was a scam and so did many other people. We left messages accosting the guy for his form of payment. I think mine said something along the lines of "bitcoins are fine and all, but the landlord wants cash money". Bitcoins were fairly new back then and weren't really redeemable for anything.
Ivo Shandor: If you had taken the bitcoins back then, you would probably be retired today.
Ishkur: Ivo Shandor: If you had taken the bitcoins back then, you would probably be retired today.It was only, like, 50 bitcoins or some such. Small shiat coding gig, maybe a couple hours work. No one even bothered to ask the guy why he wanted to pay in bitcoins. While the returns are magnificent, that's not enough to retire on.
orclover: I remember an interview from Bill Gates in the late 90's where he was explaining a revelation he had one day where he realized that if he dropped a $50 bill on the ground while walking from one meeting to another that his time was so valuable that if he were to stop and spend 3 seconds to pick it up he would actually be losing money. Now thats a farking wake up call.
BumpInTheNight: uttertosh: What's that, like, his subscription costs for him and his alt here on Fark? Pffft... dude's super-loaded. DMML...I thought Linux_Yes was Richard Stallman, huh, you learn something new every day.
Somaticasual: Still, most people could use what, $45k for a small coding gig...
Farking Canuck: DON.MAC: Take $136 and risk an investigation that at least some of that has tagged on an illegal transaction. The only way I would take that is if I was starving.Wow ... in a thread full of ignorance you were able to set a new bar. That's some mighty fine stupid you have there./do you also refuse paper money because its history of being used in drug deals and other crime?
suburbanguy: Morons pretending to be smart to call smart people morons.How avant garde...
logieal: When did we get an actual Bitcoin character?ɃWhen I first looked at it I thought I had something on my monitor.
Farking Canuck: suburbanguy: Morons pretending to be smart to call smart people morons.How avant garde...That's deep.So you agree with him that you should be terrified of any currency that may have been used for criminal activity in the past? Like all paper currencies?
suburbanguy: If your seriously comparing Bitcoin to cash after this, don't bother responding. You're just a troll.
Farking Canuck: suburbanguy: If your seriously comparing Bitcoin to cash after this, don't bother responding. You're just a troll.Nice ... include a disclaimer to allow you to announce victory in a discussion. You're really good at this!!!The fact that all you can focus on is the anonymity of the payment method (truly ironic as cash has a similar anonymity) is interesting. Your efficient use of the CAPS LOCK when announcing that this is the "PRIMARY" reason for it's use means it must be true. I'm convinced!!But for those not completely convinced by your cunning use of CAPS, here are some other uses:- direct money transfers between two parties without any banks taking a cut- a world currency - no exchange fees- relatively fast - future variations will be faster- blends well into the current trend of digital payment systems (NFC, etc.)Nobody is suggesting that it is ready for prime-time yet. I know there are a lot of people out there that wet their panties whenever something new comes along so they take to the internet to project their fears by spewing a lot of mis-information. Like most new things, nobody is going to force you to use it ... you can calm down.At this point it is effectively an interesting prototype. Kinda like a project in beta stage ... it is functional but you don't want to go into full production yet.I personally doubt that BitCoins will be the long term player ... it has too many shortcomings. But it is paving the way and its successors may make it mainstream. Who knows?Long story short - if you don't understand crypto-currencies don't use them.
suburbanguy: You're retarded.
Farking Canuck: suburbanguy: You're retarded.Another witty retort.It is truly impressive the way you cut to the meat of an argument. Systematically tearing it down point by point.Well done sir.
suburbanguy: You can't fight stupid. I know when not to waste my time.
Farking Canuck: suburbanguy: You can't fight stupid. I know when not to waste my time.You can't when your only weapon is ignorance.
suburbanguy: I'll tell you what: You invest all your money in Bitcoin. I'll keep all mine in dollars. Give me a call in 5, 10, or 20 years. Tell me how your Bitcoin's doing.
Nobody is suggesting that it is ready for prime-time yet.
I personally doubt that BitCoins will be the long term player
suburbanguy: Farking Canuck: suburbanguy: You can't fight stupid. I know when not to waste my time.You can't when your only weapon is ignorance.I'll tell you what: You invest all your money in Bitcoin. I'll keep all mine in something other thandollars. Give me a call in 5, 10, or 20 years. Tell me how your Bitcoin's doing.
Ishkur: Where do you get that figure from? First of all, Bitcoins have never been valued more than $2 US for most of their existence. There have been a couple bubbles where they've been worth much more, they usually hover around $30 or so and they once had a peak of $265, so if I did a small programming gig back in 2009 for 50 bitcoins which at the time were worth less than a penny and were not redeemable for anything (it took two years just to get on par with the US dollar) and then waited four years for them to mature and cashed out when they peaked, I would clear $8,000.
Somaticasual: You may want to check the price indexes. Current arbitrary valuation: $846.
Somaticasual: That being said, it is like getting paid in stock alone.
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