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With everything going "electronic" it seems easy for someone to be able to "turn you off" electronically speaking. WELL ... if you had Bitcoin when you got "turned off" at least you would still be able to spend that money. Otherwise, if you didn't -- even though you might have thought you had "real money" in the bank - you CANNOT ACCESS IT.
1 posted on 04/02/2014 9:14:27 AM PDT by Star Traveler
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To: Errant

Bitcoin related news ...


2 posted on 04/02/2014 9:15:18 AM PDT by Star Traveler (Remember to keep the Messiah of Israel in the One-World Government that we look forward to coming)
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To: Star Traveler
What? And miss out on seeing the customer ahead of me wait for the bill to be totalled, then begin to retrieve her wallet from her purse, sift through her coupons, try to pay with coupons from another store, then slowly sift through her money for the exact change, then realize she doesn't have enough cash, and slowly write a check?

Meanwhile, my chocolate ice cream has turned to chocolate milk.

4 posted on 04/02/2014 9:22:07 AM PDT by Jeff Chandler (Obamacare: You can't make an omelette without breaking a few eggs.)
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To: Star Traveler

Everything is free. The government will provide.

The best things that smartphones and tablets provide is that we will have something to do while we stand in line all day waiting for our ration of Soylent Green.


5 posted on 04/02/2014 9:22:29 AM PDT by henkster (I don't like bossy women telling me what words I can't use.)
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To: Star Traveler

Visa had this in a commercial years ago. The technological part can be done now, but there’s a lot of practical issues. What if you have multiple chipped cards, how do coupons work, how do we detect groups of people all carrying stuff but only one is going to pay, do we really want to RFID every single item in stores, produce.

Bitcoins won’t be any harder to turn you off than anything else. You still need to have some sort of device they can scan, and on some level it will have to be associated with you, so if they decide you’re no good off you go.


10 posted on 04/02/2014 9:28:07 AM PDT by discostu (Call it collect, call it direct, call it TODAY!)
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To: Star Traveler

Once the federal government reaches its final configuration the only weak links left in the system will be the carbon based life forms.


11 posted on 04/02/2014 9:29:18 AM PDT by Iron Munro (The future ain't what it use to be -- Yogi Berra)
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To: Star Traveler

Yeah - it’s 2040.

You walk into a store in search of a replacement for your cardboard belt- the one that fell apart after only two months, so that you’re holding up your pants with an old shoelace.

You’d like replacements for your cardboard shoes, but there are none available.

You don’t bother going to the grocery store, since there aren’t any - like everyone else, twice each month you just wait in line for your ration of moldy bread at the Government Allotment Center.

Welcome citizen: This is the future of Obama’s socialism in America.


15 posted on 04/02/2014 9:39:15 AM PDT by Jack Hammer
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To: Star Traveler

A lot of this futurism can be easily dispelled.

Go to a grocery store with self check-out. Maybe eight terminals with one checker. Note how that checker is constantly on the go. While it is more efficient than an individual checker for each terminal, it still requires a lot of work. That individual probably expends more effort than three line checkers.

And the zinger is that that checker *has* to do these things, because they cannot be done automatically.


21 posted on 04/02/2014 10:11:42 AM PDT by yefragetuwrabrumuy (WoT News: Rantburg.com)
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To: Star Traveler

Yup, and the gov will track your every move just like it tracks your every phone call.

Surveiller’s wet dream.


27 posted on 04/02/2014 10:20:15 AM PDT by fruser1
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To: Star Traveler

It’s on Drudge! New York Times, The speed of Bitcoin’s adoption is following and exceeding the combined rate of Facebook and Google. It is everywhere.
This is the most amazing thing I have ever witnessed, the velocity is a unbelievable.


39 posted on 04/02/2014 11:24:10 AM PDT by TsonicTsunami08 (SEND BITCOIN 1CYfujvffxKKPHKvrQvLP3CDb3Z5Lu7LwM Funny Money)
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To: Star Traveler

Next monetary revolution..... 666


46 posted on 04/02/2014 12:17:19 PM PDT by BRL
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