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The Water Cooler
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Interesting new money
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<blockquote data-quote="perfor8" data-source="post: 1468174" data-attributes="member: 10088"><p>You CAN exchange them for something of value. As of this post the price of one bitcoin in U.S. Federal Reserve Notes is about $.92. Here's a currency exchange compiler. <a href="http://bitcoinwatch.com/" target="_blank">http://bitcoinwatch.com/</a></p><p></p><p>Here's a list of sites that accept bitcoin in payment. <a href="https://en.bitcoin.it/wiki/Trade" target="_blank">https://en.bitcoin.it/wiki/Trade</a></p><p></p><p>Yes, bitcoin faucet will give you a bitcoin as a promotional tactic. <a href="http://freebitcoins.appspot.com/" target="_blank">http://freebitcoins.appspot.com/</a></p><p></p><p>Why would one trust a "central authority" over open source software being monitored on a P2P network? Where has that gotten you with the greenbacks in your pocket?</p><p></p><p>Moore's Law is interesting, barely, but doesn't apply here. Processing power can not increase the bitcoins in circulation after 21 million are created.</p><p></p><p>Not "masterminds", mastermind. <a href="http://en.wikipedia.org/wiki/Bitcoin" target="_blank">http://en.wikipedia.org/wiki/Bitcoin</a></p><p></p><p>I'll bet you dollars to bitcoins (you win I pay you dollars, I win you pay me bitcoins) how long this scheme lasts; you pick the date. </p><p></p><p>Here's a forum that might answer some questions if anyone is interested.</p><p><a href="http://www.bitcoin.org/smf/" target="_blank">http://www.bitcoin.org/smf/</a></p><p></p><p>A lot of libertarian thinkers are pretty excited about the possibilities.</p></blockquote><p></p>
[QUOTE="perfor8, post: 1468174, member: 10088"] You CAN exchange them for something of value. As of this post the price of one bitcoin in U.S. Federal Reserve Notes is about $.92. Here's a currency exchange compiler. [url]http://bitcoinwatch.com/[/url] Here's a list of sites that accept bitcoin in payment. [url]https://en.bitcoin.it/wiki/Trade[/url] Yes, bitcoin faucet will give you a bitcoin as a promotional tactic. [url]http://freebitcoins.appspot.com/[/url] Why would one trust a "central authority" over open source software being monitored on a P2P network? Where has that gotten you with the greenbacks in your pocket? Moore's Law is interesting, barely, but doesn't apply here. Processing power can not increase the bitcoins in circulation after 21 million are created. Not "masterminds", mastermind. [url]http://en.wikipedia.org/wiki/Bitcoin[/url] I'll bet you dollars to bitcoins (you win I pay you dollars, I win you pay me bitcoins) how long this scheme lasts; you pick the date. Here's a forum that might answer some questions if anyone is interested. [url]http://www.bitcoin.org/smf/[/url] A lot of libertarian thinkers are pretty excited about the possibilities. [/QUOTE]
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