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-   -   OT: Ray, how's your Bitcoin investment going? (https://forums.thepaceline.net/showthread.php?t=127744)

Louis 04-11-2013 04:03 PM

OT: Ray, how's your Bitcoin investment going?
 
http://img.ibtimes.com/www/data/imag.../11/361201.jpg

Andrewlcox 04-11-2013 04:25 PM

http://gizmodo.com/5994229/this-vide...-three-minutes

jlwdm 04-11-2013 06:04 PM

I wish I had some from the first of the year when it was $13.50.

Jeff

slidey 04-11-2013 06:13 PM

I watched this interview a few days back about Bitcoin in the hope of trying to understand it better. Unfortunately it cast a poor impression on the product, thanks to the very vocal rep they sent across. :confused:

Ahneida Ride 04-11-2013 06:18 PM

But no-one under vis et armis compelled you to use em.
Not the case with Feudal Preserve green stanps.

I'm in Feudal Preserve notes. The other Fiat currency.

I loose 6% a year.

The guy who started the Liberty Dollar is being accused of
Terrorist activities.

Llewellyn 04-11-2013 06:20 PM

Quote:

Originally Posted by Ahneida Ride (Post 1328959)
But no-one under vis et armis compelled you to use em.
Not the case with Feudal Preserve green stanps.

I'm in Feudal Preserve notes. The other Fiat currency.

I loose 6% a year.

The guy who started the Liberty Dollar is being accused of
Terrorist activities.


:confused: :confused: :confused: :confused:

samsays 04-11-2013 08:51 PM

Quote:

Originally Posted by slidey (Post 1328955)
I watched this interview a few days back about Bitcoin in the hope of trying to understand it better. Unfortunately it cast a poor impression on the product, thanks to the very vocal rep they sent across. :confused:

Mohawk man speaks the truth. A true visionary for personal freedom from centralized systems and inherent corruption. Power to the people! :banana:

MattTuck 04-11-2013 09:16 PM

Bitcoin was the new gold, but it's so played out now.

Palladium is the new bitcoin. you heard it here first ;)

MattTuck 04-11-2013 09:24 PM

Also hilarious...

http://dealbook.nytimes.com/2013/04/...s-close-up/?hp

Winklevoss twins own 1% of all bitcoins.

samsays 04-11-2013 09:36 PM

Quote:

Originally Posted by MattTuck (Post 1329103)
Also hilarious...

http://dealbook.nytimes.com/2013/04/...s-close-up/?hp

Winklevoss twins own 1% of all bitcoins.

You mean The Winklevii...

rounder 04-11-2013 09:44 PM

I was going to suggest Paceline Bits as a new currency for bike parts, etc. It would require a leap of faith that would probably never happpen. There is no substitute for cash.

Louis 04-11-2013 10:02 PM

Quote:

Originally Posted by MattTuck (Post 1329103)
Winklevoss twins own 1% of all bitcoins.

And they took a bit of a hit today...

Ahneida Ride 04-12-2013 09:50 AM

Actually frns = bitcons..

almost all frns are not paper (cash) ....
they are just data entries in a computer spreadsheet.

We are not FORCED to accept bitcons ...
We are COMPELLED to accept frns. :( :help: :no: :butt: :mad:


frn = non federal non reserve non note

The fed is a private central bank, you will not find it in the phone book
under government agencies. No more federal the fed ex.

It has no reserves ...

It's notes do not specify the terms of redemption, hence are NOT notes.

goonster 04-12-2013 10:21 AM

Quote:

Originally Posted by Ahneida Ride (Post 1329372)
No more federal the fed ex.

The Fed was created by an act of Congress, and its board is appointed by the President.

So, yes, it is more federal than FedEx.

ClutchCargo 04-12-2013 08:50 PM

Quote:

Originally Posted by Ahneida Ride (Post 1329372)
Actually frns = bitcons..

almost all frns are not paper (cash) ....
they are just data entries in a computer spreadsheet.

We are not FORCED to accept bitcons ...
We are COMPELLED to accept frns. :( :help: :no: :butt: :mad:


frn = non federal non reserve non note

The fed is a private central bank, you will not find it in the phone book
under government agencies. No more federal the fed ex.

It has no reserves ...

It's notes do not specify the terms of redemption, hence are NOT notes.

Really?
So what?


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