The US dollars you undoubtedly cherish have lost 98% of their value in a few generations.I think the Winklevoss twins (and many more like them) would disagree strongly with you.The easiest place to buy, use, and accept bitcoin, ethereum, and litecoin.If all economic activity consisted of sending money to friends in other countries, then that might be a reason to use Bitcoin.The insurance market is beginning to offer employee theft and fraud protection for Bitcoin protecting the consumer and the facilities that serve them.It can be a combination of both, as the network effect continues to expand it out.In fact, one might make the argument that the necessity for all the consumer protection guarantees with credit cards is precisely because they are such an inherently insecure method of payment.
NEW YORK (InsideBitcoins) — Technology industries are always on the verge of world domination or sudden collapse.
Is Bitcoin mining worth it? | IGN BoardsWith the exponential growth and adoption of Bitcoin worldwide, learn how to become a millionaire in 5 years with Bitcoin.Biotech, nanotech, robotics, AI and yes, cryptocurrencies, all live in a state approaching euphoria one day, followed by utter despair the next.Bitcoin is several years old, and I have yet to hear of one other application of blockchain technology EXCEPT for digital currencies.Enter your email address below to receive daily news about bitcoin and updates on.
I recently read an article on Wired titled The Rise and Fall of Bitcoin.
litecoinpool.orgEven if my phone is stolen, my Bitcoins can be safely recovered from a backup I have at home or at the office.Tom Lee explains why bitcoin could be worth over. be worth more than gold in the next five years.My post from yesterday was perhaps not specific enough, so let me outline one possible scenario in which the value of Bitcoin (and other cryptocurrencies) would fall.People adopt it if they see a benefit or a potential future benefit in it.
Bitcoin is a four-year-old digital currency developed by a hacker.And over time it got easier as phone plans got better and coverage got better.
Live Litecoin News | Live Bitcoin NewsI for one am very interested in BTC and will continue to look into it and fund a small amount (5-10 coins) for speculative purposes and to diversify my portfolio.
Because I can totally use Apple Pay to send money to anyone in the world for a pittance without permission from any central authority.If I want to buy a movie online, all I have to do is once again scan a code.And why would those 5 billion individuals use a cryptocurrency with a history rife with fraud, theft, and speculation in place of phone-based banking systems such as M-PESA.
Or what about all those lovely people that like counterfeit stuff like bags, wallets, oh and uh fake USD.You do realize that there are more countries in the world aside from the one you live in right.There are several compelling reasons why Bitcoin is better than Apple Pay, Google Wallet and especially credit cards that the former two is base on anyway.No Explorer is what happens when some corporatist is directing 10,000 developers.Because I can totally use Google Wallet to programmatically structure N-of-M transactions, smart contracts, escrow and crowdfunding without the need for a central clearinghouse.Do people pay with credit cards primarily because they have the full protection of the CC company behind them.
Oh, and according to this ledger, I just happen to own the majority of all this currency.Why Litecoin Is Equally Good Or Better Than. be tapered in coming years and at the same time demand will be. is 10 minutes and Litecoin is 2.5.Also, 20-25% of the individuals in the USA do not have bank accounts and are poorly served by the status quo.Give me ONE good reason why I should trade a credit card that gives me consumer protection for the equivalent of electronic cash.
Ether Is the Digital Currency of the Moment. of the year, Ether was only about 5 percent.The audience put away their smartphones, stowed their MacBooks and drank it in.He only cons people so he can care for the homeless that are freezing to death this winter.Petersburg Bowl game under a two-year deal, renamed the Bitcoin St.Bitcoin has proven a store of value over the past few years and it is.This is a huge problem in less safe countries that Bitcoin solves.As of right now Bitcoin is the only means to do so and have a 99% chance of not getting caught.
Bitcoin price goes on wild ride - Apr. 3, 2013 - CNNMoney
Bitcoin’s rise: $1,000 invested in 2010 would be worth $35
Currency speculation appears to have slowed making Bitcoin value more predictable.How about instead of taking it from a year ago, we take it from 2009.Welcome to litecoinpool.org. Mining litecoins since October 21, 2011.
Taxation and determination of the character of Bitcoin as a commodity or currency are be subject to policy conclusions worldwide making its status clearer.The process takes less time than entering my 16 credit card code, and all my personal info.So those Silicon Valley investors put all that money into startups with no expectation of any marketshare in the developed world.Even if 100% of people understood and experienced the benefits of Bitcoin it would not mean suddenly everybody started using Bitcoin.Probably 3-4 years from now, a bitcoin will be on 4-5 figures each.Enter your email address below to receive daily news about bitcoin and updates on the Inside Bitcoins conference series.
With the rigid countenance — and hairstyle — of a Star Trek TOS Klingon, Antonopoulos paced the stage and made his case for bitcoin, sans graphics or gamification — just a man, a mike and massive conviction.