Search content
Sort by

Showing 4 of 4 results by baloney
Post
Topic
Board Bitcoin Discussion
Re: What problem does bitcoin solve?
by
baloney
on 30/12/2010, 09:42:05 UTC
I'm afraid bitcoin will never take off, just existing as a fun thing for the libertarians and anarchists. :-)

Don't forget about pedophiles and money launderers  Grin
Post
Topic
Board Bitcoin Discussion
Re: Be careful of speading misinformation
by
baloney
on 19/12/2010, 05:04:38 UTC
I heard he was born in a mental institution and he sleeps only one hour a night.
Post
Topic
Board Bitcoin Discussion
Re: Point of Sale Technical Issues
by
baloney
on 18/12/2010, 07:56:33 UTC
We are all thinking about people keeping their coins on their own devices, but people may use web services too.
If both customer and retailer use MyBitcoin for ex., transaction confirmation could be instantaneous. In the future probably there will be many sites like mybitcoin, and they will have ways to integrate their transfers. Mostly like the banking system, "only" without the central bank. Wink

It seems more likely to me that there will only be one site like mybitcoin. Though not necessarily mybitcoin. Like how there's only one paypal, wikipedia, facebook or google. Little sites shake out until only the most popular one is left.

Visa, MC, AMEX?

As a merchant I accept MC and Visa because they're bundled together at the gateway and there's no reason not to accept one or the other since they're identical (AMEX btw can go screw). You don't usually get a situation like that from emerging net technology.

Post
Topic
Board Bitcoin Discussion
Re: Point of Sale Technical Issues
by
baloney
on 17/12/2010, 23:21:16 UTC
We are all thinking about people keeping their coins on their own devices, but people may use web services too.
If both customer and retailer use MyBitcoin for ex., transaction confirmation could be instantaneous. In the future probably there will be many sites like mybitcoin, and they will have ways to integrate their transfers. Mostly like the banking system, "only" without the central bank. Wink

It seems more likely to me that there will only be one site like mybitcoin. Though not necessarily mybitcoin. Like how there's only one paypal, wikipedia, facebook or google. Little sites shake out until only the most popular one is left.