Quote from: TPTB_need_war on May 20, 2015, 04:27:56 PM

Quote from: cypherdoc on May 20, 2015, 04:14:29 PM

for the first time ever in Bitcoin's history, we'll have a scalable mining ASIC embedded in the most popular portable computing device on the planet (smartphones) whose growth is set to skyrocket and turn billions of unbanked into banked clients not only for micropayments but for standard commerce via a hardware wallet. the portability aspect of this device potentially will allow it to mine for free. right now i can envision unemployed African kids camped out at Starbucks or public libraries with not one but 7 Android phones (2 in their front pockets, 2 in their back pockets, 2 in their shirt pockets, and 1 in their hands for surfing) plugged into public outlets generating BTC while they're sipping their lattes. wait, nevermind Starbucks. why not go to the airports where it's plain to see the proliferation of phone charging kiosks in preparation for the smartphone age?

free electricity for all!

Perhaps you missed the point that the plan (at least for the heating appliances) is likely to sell devices at lower cost and all the coins go to the cartels and oligarchs. The users are not to have to deal with any of the complications of mining and the mining runs on auto-pilot.

Assuming phones at higher cost will be available that allow users to get the coins from mining, I fail to see how this is paradigmatically differentiated from the $9 USB stick miner I can buy on Amazon.com and plug into my phone and computer now. Meaning there won't be any great adoption of users mining coins for themselves that isn't already underway.

The only major paradigm shift here is lower cost devices for user, and the mined coins are going to the cartels and oligarchs.

If you can't grasp that obvious reality then I don't know what else to say to you. I guess enjoy the bliss while you can.

the only financial plan i've heard of is the 25/75% split btwn the consumer and 21, so the consumer is going to get spending coin. and that would be business savvy for the companies b/c that allows consumers to purchase other services and features. yes, the mining and hardware wallet will be on autopilot and already setup which makes it brain dead easy for even guys like you to use so you won't feel so bad for having not bought @ $13.

since your brain continues to be adversely affected by the MS, the difference btwn a USB mining stick is that it has to be plugged into a non-portable computer to mine. and this means at home where you'd have to pay for your own electricity. your reading comprehension failed to pick up the part about "portable" and "free".

your logic failure about a NWO & Digital Kill Switch scenario is that there is no reasonable financial elite apparatchik who would ever want to give up their greatest WMD, the printing press, in order to roll the dice on orchestrating a worldwide transition to such a dangerous (to them) tech such as Bitcoin. you fail to read history going back to the cypherpunks of the 1970-80's on the quest/evolution of digital, anonymous money. Bitcoin is the culmination of that project. not some NSA sponsored scheme. sorry dude. you need to up your meds.