Quote from: CornedBeefHash on October 07, 2012, 04:55:54 PM

One final note: You shouldnt make stupid claims if you want to effectively sway others. I sold a lot of coins last summer, and I made over $100,000 clear profit from an initial $1000 investment, and that was from only about half of the coins I bought for that $1000. This is false unless you bought into btc well below a dollar (like mining with a cpu era) which you couldnt have done since last summer or you have been playing the market which means in either case you shouldnt need to be told all of this. It just makes you look like a liar and hurts your case.

This paragraph is baffling. My big profit came from coins I sold last summer. I didn't buy them last summer. At no point did I say that I bought them last summer. I did indeed buy into BTC when the price was a fraction of a dollar.

As for the rest, I thought your post was very well written, if slightly zealous, but I don't think anything you have said has any impact on my argument. You speak in rousing terms about young intelligent people getting together to start Bitcoin businesses. Where are they? Where are the successful Bitcoin businesses that aren't exchanges or money movers of some kind? The fact that the only legitimate successful businesses are in the business of moving Bitcoins from national currencies and back merely serves to underline the fundamentally auxiliary nature of Bitcoin.

Quote from: bg002h on October 07, 2012, 06:32:55 PM

Another good use was pointed out in the excellent TEDx talk (https://bitcointalk.org/index.php?topic=115555.0):
the ultra poor -- those who have no means of establishing financial arrangements with banks and have no safe place to store their money -- could use Bitcoin not only as a bank but also as a global payment system.

Someone else mentioned this type of thing earlier and I wanted to comment. Very cool thinking and it appeals to me a lot. Is anyone actually trying to put this into action?