Digital Currency

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Digital Currency

Postby Sri Lanky » Fri Aug 17, 2012 1:18 pm

http://www.globeandmail.com/news/nation ... le4483054/

So the war on drugs is fostering an arms race (like any war) that now includes the digital world.
Digital currency? Anyone know more about this?
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Re: Digital Currency

Postby coldharvest » Fri Aug 17, 2012 9:13 pm

go for it
I know the law. And I have spent my entire life in its flagrant disregard.
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Re: Digital Currency

Postby Sri Lanky » Fri Aug 17, 2012 9:15 pm

You mean like...go for the <gasp> drugs? C'mon,I don't do drugs....lol
This is serious!
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Postby el3so » Sun Aug 19, 2012 12:08 am

Do you check the backseat of your car for intruders before you enter it?
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Re: Digital Currency

Postby Sri Lanky » Sun Aug 19, 2012 11:19 pm

I forgot about that thread....I must've been high.
I don't really buy drugs anymore. Special occasions maybe.
But if someone offers I usually just say yes.

...and I still abide by the "we are the only technology we need" motto.
If only because I'm technologically challenged.
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Re: Digital Currency

Postby plaintext » Thu Apr 11, 2013 11:38 pm

bitcoin/bummer

"Bitcoin, everyone’s new favorite online currency, has been on a wild ride of late, rising to a high of $260 per bitcoin Wednesday morning and falling to $63 per bitcoin on Thursday afternoon:"

http://www.washingtonpost.com/blogs/won ... defenders/

http://bitcoin.org/en/

https://en.bitcoin.it/wiki/Main_Page
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Re: Digital Currency

Postby Kurt » Fri Apr 12, 2013 2:25 pm

Ponzi scheme that is exacerbated by global central banking.

I did research on bitcoin and the main beneficiaries are a small group of Anglo / French people who are living in Tokyo. They control 80% of the transactions and they are the ones who halt trading when they worry about a big sell off. The decentralized nature of it means not that no one controls it but rather than no one can see who is controlling it so the myth of freedom and value is spread that way by believers. But the good, old fashioned follow the money leads to just a few people, and those few people are in control of about 3 billion USD worth of computer generated currency.
And from thence they went to Beer....(Num 21:16)
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Re: Digital Currency

Postby OneLungMcClung » Sun Apr 14, 2013 4:48 am

What will terminate bitcoin's existence is the fact that it has a terminal supply and that there is nothing stopping copycats from offering a new and better digital money. Don't be the last one standing when the music stops. The term for that is being the "bag-holder" - and it sucks to have a large supply of worthless former assets.
Money Talks...
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