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Old 07-24-2013, 05:59 PM  
jscott
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Join Date: Feb 2001
Location: Taipei
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Intelligent gfy reply:
Quote:
Originally Posted by extreme View Post
First off, don't use the bitcoin-dollar exchange rate to draw any conclusions about how bitcoin is doing. That's just speculators buying and selling bitcoins to make profit trading.

Bitcoin is a decentrilized digital currency. That means there's no middlemen to add fees, there's no banks to deal with and you alone is in control of your money.

You can send money to anyone in the world in an instant. No matter if it's saturday 2 o'clock in the morning. And you do it with extremely low fees - basically free.

It's protected by an extremely wellthought out crypto-scheme (using the CPU-power of the "bitcoin-miners").

Do you like banks? Do you like dealing with creditcards companies? Do you trust paypal not to sieze your account? Did you trust Epassporte? If not.. then you should be rooting for wider bitcoin-addoption.
Well said, very very well said

and

Ignorant gfy reply
Quote:
Originally Posted by mineistaken View Post
If you paid me real money for my monopoly money would that be a scam?
That's just the most unresearched, unknowning, uninformed kind of reply. Why do you even click a thread about something you have no interest in, and no knowledge about?
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