Tag: wanted

“What Roger doesn’t get. If he wanted to create a big-block alt-coin then, in general, no one from the bitcoin community would care. Or, we would care the same as we do about the hundreds of other alt-coins with different experimental features; not much. The issue is the fraud.”

"What Roger doesn't get. If he wanted to create a big-block alt-coin then, in general, no one from the bitcoin community would care. Or, we would care the same as we do about the hundreds of other alt-coins with different experimental features; not much. The issue is the fraud." submitted by /u/bitme123
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Bitcoin – The Currency of the Internet

If every millionaire wanted 1 BTC, they couldn’t have one.

According to this study, http://publications.credit-suisse.com/tasks/render/file/index.cfm?fileid=168E2808-9ED4-5A5E-19E43EA2A731A4ED

there are 35.9 million USD millionaires in the world. With 21 million BTC max in existence, they could each only have at most 0.585 BTC (even less if 2-4 million BTC is lost forever.) And that's if no governments, banks, or other corporations wanted any.

Think about that. They couldn't each have one. It doesn't matter how rich those people are. How many millionaires are you preventing from owning a whole BTC?

buy and HODL

submitted by /u/nsoniat
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Bitcoin – The Currency of the Internet

Russia Drafts Bill to Accredit ICO Issuers – Public Comments Wanted (news.bitcoin.com)

The Russian government is drafting a bill to introduce the accreditation of initial coin offering issuers. Accredited organizations must comply with a set of rules, including having 100 million rubles capital, and are subject to inspections every three years. The regulators are currently accepting public comments on the proposal.
Also read: …

Bitcoin

I started a small business using a fraction of a bitcoin given to me on this sub in 2013. Just wanted to say thanks to everyone

I was originally disappointed with some poor experiences using Coinbase and mentioning my issues on this sub. I never asked for anything, simply was whining about problems I had with Coinbase at the time when they were being flooded with new accounts and support requests.

Everyone was great about helping me out and pointing me in the right direction to have things set up properly. Unexpectedly, someone sent me about a quarter of a bitcoin to repair my feelsies, which was quite a lot of currency to send over the internet to a stranger, especially on an alt account that had been fairly recently created.

I ended up using it to cover the costs of starting a little business. I now manufacture stenography keyboards that are compatible with Plover for stuff like live transcription (or just fast typing in general). Now that the design all done, I'll soon be uploading the PCB files and case design online to be freely used for anyone to make or modify, even for commercial purposes, under the TAPR Open Hardware License.

I know I might be better off hodling, but I like the idea of actively using bitcoin more than storing it away.

Thanks, /r/Bitcoin, for helping me get to this point. Even when I didn't deserve it.

submitted by /u/EcahUruecah
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Bitcoin