how long is this nonsense in America expected to last? anyone know

dryhat

It's great to see that Bitcoin is becoming part of the vocabulary of more and more people when discussing any financial/economic matters.

wotsthat

dryhat wrote: »

It's great to see that Bitcoin is becoming part of the vocabulary of more and more people when discussing any financial/economic matters.

I've never heard a single 'real' person talk about Bitcoin.

Today's fashion - tomorrow's Green Shield Stamp.

dryhat

wotsthat wrote: »

I've never heard a single 'real' person talk about Bitcoin.

That's always the case with new technologies.

Bitcoin is still in the early stages of adoption and even knowing of it at this stage puts you ahead of the curve.

But regardless of whether bitcoins as a currency survive, Bitcoin as a technology is here to stay and is the future of money.

purch

From an article I read in NYTimes the Republican loonies will be in contravention of the 14th Amendment of the Constitution if they do not ratify and extension of the debt ceiling.

"The Validity of the public debt of the United States of America, authorized by Law is sacrosanct and shall not be questioned" ..... so say's the amendment.

It was passed in June 1866 to ensure that the debts of the US would be honoured, whilst they would not be liable for those run up by the Confederacy.

http://www.nytimes.com/2013/10/08/opinion/obamas-options.html?_r=0

More than three generations later, in 1935, Chief Justice Charles Evans Hughes, ruling in the case of Perry v. the United States, revisited the amendment and affirmed the “fundamental principle” that Congress may not “alter or destroy” debts already incurred.

House Republicans threatening to refuse to raise the debt ceiling — that is, force a repudiation of debts already accrued — would violate that “fundamental principle” of the Constitution.

chucky

wotsthat wrote: »

I've never heard a single 'real' person talk about Bitcoin.

Today's fashion - tomorrow's Green Shield Stamp.

Neither have I.

It's a great buzzword at the moment though.

Loughton_Monkey

wotsthat wrote: »

I've never heard a single 'real' person talk about Bitcoin.

Today's fashion - tomorrow's Green Shield Stamp.

I only know about it because of reference on this forum. I really don't understand it, and have researched it enough to learn that I really don't want to know any more about it [although I have trashed my toaster just in case].

But I do remember Green Shield Stamps very well. I will recommend a new thread discussing the relative merits of Green Shield Stamps v the Co-op 'Divi'.

Meanwhile, I am awaiting the time when I wake up one morning and find the headline news about someone called 'dryhat' becoming the first bitcoin millionnaire, only to find that 5 minutes later, the whole fortune has been 'mined away' thanks to an aggressive geoforce video card in Nigeria.

dryhat

Loughton_Monkey wrote: »

I only know about it because of reference on this forum. I really don't understand it, and have researched it enough to learn that I really don't want to know any more about it [although I have trashed my toaster just in case].

But I do remember Green Shield Stamps very well. I will recommend a new thread discussing the relative merits of Green Shield Stamps v the Co-op 'Divi'.

Meanwhile, I am awaiting the time when I wake up one morning and find the headline news about someone called 'dryhat' becoming the first bitcoin millionnaire, only to find that 5 minutes later, the whole fortune has been 'mined away' thanks to an aggressive geoforce video card in Nigeria.

If this post is anything to go by then, despite having "researched all about it", you obviously know nothing about Bitcoin.

chucky

dryhat wrote: »

If this post is anything to go by then, despite having "researched all about it", you obviously know nothing about Bitcoin.

I think when people don't use the irony font the point of the post can be missed.

dryhat

chucky wrote: »

I think when people don't use the irony font the point of the post can be missed.

I like a bit of irony and taking the p155, but come on Chuck.

Let's not misinform people just for the sake of scoring points.

skitler

how long is this nonsense in America expected to last?

well its been going on for just over 200 years so far:rotfl::rotfl::rotfl: