Quote from: Blitz on November 28, 2014, 06:54:12 PM

Quote from: itod on November 28, 2014, 06:48:16 PM

Quote from: Blitz on November 28, 2014, 05:40:52 PM

Do you guys seriously believe there is significant commerce in Bitcoin besides drugs and gambling?

I've actually used BTC to get paid for services. Works very well in that domain, as easy as PayPal + without country limitations imposed by PayPal. Bitcoin is truly global, which is not the case for *any* other payment system, each and every other one has some geographical limits.

I used to use it for some internet things, but it really is far too scary how much information you leak on the block chain (information that will get more easily and more successfully analyzed as interest and sophistication in methods increase), so nowadays I actually prefer to use PayPal and banks. Because even though they may know everything about me, they are corporations and want to continue making money, so they have a stake in not sharing my data with anyone they don't legally have to, because otherwise they'll get fucked by Uncle Sam.

Basically, I'd rather have the NSA and a few big corporations know everything about me than a hundred thousand thieves and low lifes all around the world so they can target me.

Yeah i agree.
i always though why the government would not put the nsa in charge of everything ( i guess telecommunication and banking system would be enough for the start)