tag:blogger.com,1999:blog-4490468598422095060.post7604446342425897523..comments2024-03-17T07:55:12.096-07:00Comments on FOFOA: Bitcoin Open Forum - Part 2FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comBlogger87125tag:blogger.com,1999:blog-4490468598422095060.post-8524812888042909952011-06-22T13:36:39.594-07:002011-06-22T13:36:39.594-07:00The following is a list of sites that currently ac...<a href="http://en.wikipedia.org/wiki/Linden_Dollar" rel="nofollow">The following is a list of sites that currently accept Bitcoin</a>Indenturehttps://www.blogger.com/profile/01765884399143814933noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-86761985187087659852011-06-22T13:33:46.754-07:002011-06-22T13:33:46.754-07:00"What is the difference between seti@home and..."What is the difference between seti@home and Bitcoin? One is a futile search for intelligent life, the other one analyzes radio signals from space."Indenturehttps://www.blogger.com/profile/01765884399143814933noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-46761431022103338452011-06-22T12:56:47.146-07:002011-06-22T12:56:47.146-07:00According to Wikipedia: "Currency exchanges a...According to Wikipedia: "Currency exchanges also exist between Bitcoins and other virtual currencies, such as the <a href="http://en.wikipedia.org/wiki/Linden_Dollar" rel="nofollow">Linden Dollar</a>. I'm sure no one would ever use <a href="http://nwn.blogs.com/nwn/2011/05/chinese-prisoners-forced-to-mine-virtual-gold.html" rel="nofollow">Chinese Prisoners</a> to mine for Linden Dollars Indenturehttps://www.blogger.com/profile/01765884399143814933noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-87492066230252966612011-06-22T12:26:33.698-07:002011-06-22T12:26:33.698-07:00From the above link Doug Casey of Casey Research s...From the above link Doug Casey of Casey Research said, "Frankly, I can’t see why anyone would, when there’s already an electronic digital currency like Bitcoin but backed with gold: <a href="http://www.goldmoney.com/" rel="nofollow">GoldMoney</a>. I should disclose that I’m a small investor in the company. But I have to say that I really do like GoldMoney. It does everything Bitcoin does – Indenturehttps://www.blogger.com/profile/01765884399143814933noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-69048208253577974892011-06-22T12:18:22.047-07:002011-06-22T12:18:22.047-07:00Doug Casey on Bitcoin and Currencies
"With t...<a href="http://www.caseyresearch.com/cwc/doug-casey-bitcoin-and-currencies" rel="nofollow">Doug Casey on Bitcoin and Currencies</a> <br /><i>"With the bubble that arose in tulip bulbs in 17th century Holland, you might at least have wound up with a flower."</i>Indenturehttps://www.blogger.com/profile/01765884399143814933noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-65590043856132729912011-06-22T12:14:01.022-07:002011-06-22T12:14:01.022-07:00Electronic Frontier Foundation Stops Accepting Bit...<a href="http://www.itproportal.com/2011/06/22/eff-stops-accepting-bitcoin-donations/" rel="nofollow">Electronic Frontier Foundation Stops Accepting Bitcoin Donations</a>Indenturehttps://www.blogger.com/profile/01765884399143814933noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-60717069393133834182011-06-22T11:50:05.625-07:002011-06-22T11:50:05.625-07:00Can geeks save bitcoin after hellish week of hack,...<a href="http://blogs.computerworld.com/18504/can_geeks_save_bitcoin_after_hellish_week_of_hack_heist_trojan_and_a_crash" rel="nofollow">Can geeks save bitcoin after hellish week of hack, heist, trojan and a crash?</a>Indenturehttps://www.blogger.com/profile/01765884399143814933noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-40564574094249465642011-06-22T11:21:46.586-07:002011-06-22T11:21:46.586-07:00DP: I knew very little about Bitcoin until it was ...DP: I knew very little about Bitcoin until it was brought up here. I of course have to research it in case I want to go 'All Inn' :)<br /><br />I think <a href="http://www.amazon.com/Century-Novelty-Orange-Beer-Ticket/dp/B002YG8MHG" rel="nofollow">The FOFOA Bill</a> is the currency we need. I'm sure once I explain the details of the transaction my Bartender will understand!Indenturehttps://www.blogger.com/profile/01765884399143814933noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-25682809731698716582011-06-22T09:09:48.384-07:002011-06-22T09:09:48.384-07:00@Indenture: You've been busy! :-)
I have a su...@Indenture: You've been busy! :-)<br /><br />I have a <a href="http://whitepowdergold.com/" rel="nofollow">suggestion</a> in mind for the prize. Something suitably valuable, to repay such great generosity.DPhttps://www.blogger.com/profile/01965423353442076871noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-85947360498981251762011-06-22T08:39:46.462-07:002011-06-22T08:39:46.462-07:00I think there should be a prize for the first pers...I think there should be a prize for the first person who donates Bitcoins to FOFOA!Indenturehttps://www.blogger.com/profile/01765884399143814933noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-71552754137246944182011-06-22T08:38:03.554-07:002011-06-22T08:38:03.554-07:00Centralization is Killing BitCoin<a href="https://ossbox.com/bitcoin-pool-ddos.htm" rel="nofollow">Centralization is Killing BitCoin</a>Indenturehttps://www.blogger.com/profile/01765884399143814933noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-10308415000035608292011-06-22T08:34:30.750-07:002011-06-22T08:34:30.750-07:00Bitcoin Exchange Scam – Bitcoins Are Now Worthless...<a href="http://nerdr.com/bitcoin-exchange-scam-bitcoins-are-worthless/" rel="nofollow">Bitcoin Exchange Scam – Bitcoins Are Now Worthless</a>Indenturehttps://www.blogger.com/profile/01765884399143814933noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-59889671962089481152011-06-22T08:32:59.340-07:002011-06-22T08:32:59.340-07:00Another Bitcoin Crash<a href="http://blog.mises.org/17356/another-bitcoin-crash/" rel="nofollow">Another Bitcoin Crash</a>Indenturehttps://www.blogger.com/profile/01765884399143814933noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-10629204773558091152011-06-22T08:31:31.992-07:002011-06-22T08:31:31.992-07:00New Trojan Targets Bitcoin Wallets
"Recent ev...<a href="http://www.keyboardfailure.com/news/new-trojan-targets-bitcoin-wallets/" rel="nofollow">New Trojan Targets Bitcoin Wallets</a><br />"<i>Recent events have dragged the shadowy currency into the light of public scrutiny, and now its squirming users have another headache to deal with: a trojan designed specifically to pilfer your Bitcoin wallet.</i>"Indenturehttps://www.blogger.com/profile/01765884399143814933noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-84229182196975952682011-06-21T11:17:07.650-07:002011-06-21T11:17:07.650-07:00Off topic but today is important for Greece and th...Off topic but today is important for Greece and the EU: <a href="http://www.cnbc.com/id/43470148" rel="nofollow">Greek default: End of the world or small patatas?</a>Indenturehttps://www.blogger.com/profile/01765884399143814933noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-87475455271496379772011-06-18T13:24:42.975-07:002011-06-18T13:24:42.975-07:00Cheers FOFOA!!Cheers FOFOA!!julianhttps://www.blogger.com/profile/07723030384717346108noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-52899741185949611412011-06-18T11:00:56.437-07:002011-06-18T11:00:56.437-07:00@ Wejn:
Hey, I'm kind of a silver bug lol.
E...@ Wejn:<br /><br />Hey, I'm kind of a silver bug lol.<br /><br />Especially with news bits where Coca-Cola is taking issue with JP Morgan, Goldman, et al.:<br /><br /><a href="http://gata.org/node/10014" rel="nofollow">Warehouse ownership by Wall Street banks raises market manipulation suspicions</a><br /><br /><br />@ FOFOA:<br /><br />Lots of food for thought. A good night's rest and I&Ramonhttps://www.blogger.com/profile/15177032531133914670noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-18023625954922233552011-06-18T02:52:46.664-07:002011-06-18T02:52:46.664-07:00Sorry Costata to plagiarize you ;)
FOFOA, you nai...Sorry Costata to plagiarize you ;)<br /><br />FOFOA, you nailed it, great!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-32376781774531002562011-06-17T22:40:44.195-07:002011-06-17T22:40:44.195-07:00FOFOA,
I think you nailed it with that comment.
...FOFOA,<br /><br />I think you nailed it with that comment.<br /><br />Cheerscostatahttps://www.blogger.com/profile/17932860172715556937noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-46300245354609903812011-06-17T21:44:29.955-07:002011-06-17T21:44:29.955-07:005/5
We think in terms of dollars, therefore dolla...5/5<br /><br />We think in terms of dollars, therefore dollars are our money. This is the Misean Regression I discussed in The Return to Honest Money. The most likely path for Bitcoin to monetize would be for a major global meltdown to wipe out the present concept of money. In other words, to wipe out the shared knowledge of price ratios between all real things. Then a barter good like gold FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-46726674852056978242011-06-17T21:38:40.316-07:002011-06-17T21:38:40.316-07:004/5
So what we (savers) actually need is a monet...4/5<br /> <br />So what we (savers) actually need is a monetary refuge from the bad effects of that which the tribe demands. And this refuge, physical gold, is actually decentralized, private and anonymous just like Bitcoin. And it is enacted in a decentralized manner, by the choice of the saver. And I believe that in choosing to save in gold, we'll remove the exorbitant privilege that we&FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-32135384465542057142011-06-17T21:33:46.894-07:002011-06-17T21:33:46.894-07:003/5
Wejn,
I'm sorry I have offended your se...3/5<br /><br />Wejn, <br /><br />I'm sorry I have offended your sensibilities in some way. I believe you said you have no stake in Bitcoin, so I'm curious what it is then. I think I get Bitcoin enough to see some big flaws, and I think Rawdog does too. And I also think that some of the things you call inherent benefits are actually major flaws. I understand roughly how the coins come FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-8861957760546029372011-06-17T21:27:54.628-07:002011-06-17T21:27:54.628-07:002/5
Gold is the only super-tank. It can absorb a...2/5<br /><br />Gold is the only super-tank. It can absorb any flow the world throws at it without popping. It is stronger than all the pressure that is possible because of its uniquely large stock to flow ratio. And also the fact that the large stock is held in extremely strong hands that I like to call Giants and CBs. These Giants are the real-world producers and titans of today and FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-39941208383930857162011-06-17T21:22:59.848-07:002011-06-17T21:22:59.848-07:00Hello Neverfox and Ramon,
So it sounds like suppo...Hello Neverfox and Ramon,<br /><br />So it sounds like supporting (investing in or working for) Bitcoin is more about taking an activist role in an anarchist revolution against the government and the fat cat bankers than it is about finding the best way to protect your savings, amirite? <br /><br />Ramon, you wrote: <i>"Even if 1/10th of 1% of USD-denominated wealth were to go into either FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-57568488145980461192011-06-17T21:14:56.157-07:002011-06-17T21:14:56.157-07:00In your recent piece on Bitcoin you said:
'In...In your recent piece on Bitcoin you said:<br /><br />'In all fairness, another analogy I should point out is that one of the criticisms of Bitcoin is that the "early adopters" come out way ahead. Just like our victim above (up until Monday at noon). And this is not too far off from what some say about Freegold."<br /><br />Is that not unfairly harsh criticism given that we'Derrickhttps://www.blogger.com/profile/15944952519570417539noreply@blogger.com