Have you guys heard of Bitcoins?

[Wazzap]

[h=1]8 years ago, a programmer paid 10,000 bitcoins for 2 Papa John's pizzas — now it's the most celebrated day in crypto[/h]
8 years ago, a programmer paid 10,000 bitcoins for 2 Papa John's pizzas — now it's the most celebrated day in crypto

 

[Crew]

At $7000 this morning.

 

[LarryB]

Under $6000

Bitcoin in danger of falling below critical $6,000 level on worries over exchanges - MarketWatch

 

[ROBERTSON]

I seriously can't believe how any country would even allow any currency, other than what it considers legal tender, to be used for transactions.

Simply avoiding taxes in it self, one would think would be enough.

Might as well allow people to use Casino tokens as "currency".

 

[TURK]

I seriously can't believe how any country would even allow any currency, other than what it considers legal tender, to be used for transactions.

Simply avoiding taxes in it self, one would think would be enough.

Might as well allow people to use Casino tokens as "currency".

Some serious companies are thinking of accepting them. Rumors has it that Amazon may do in the near future. Others like Subway, PayPal and Expedia already are.

 

[ROBERTSON]

Legal currancy

Legal currancy

Some serious companies are thinking of accepting them. Rumors has it that Amazon may do in the near future. Others like Subway, PayPal and Expedia already are.

I don't doubt that, but my point is, I don't understand how governments will allow this, money laundering, tax evasion, just a few points come to mind.

 

[TURK]

I don't doubt that, but my point is, I don't understand how governments will allow this, money laundering, tax evasion, just a few points come to mind.

Governments are greedy and will find a way to tax them. Not sure how but they will figure it out.

 

[ROBERTSON]

Governments are greedy and will find a way to tax them. Not sure how but they will figure it out.

Also, this is gambling, and I don't see any signs of governments even tackling that aspect, let alone money laundering, tax evasion.

I do hope you are right though, this needs to be gone NOW.

 

[Faphard]

China banned bitcoin exchanges at the end of last year.But the trade has simply gone underground, says the CEO of China's oldest exchange BTCC.CEO believes rules will eventually be relaxed, although not anytime soon.

BTCC CEO: Chinese bitcoin trade goes underground after state crackdown - Business Insider

 

[ROBERTSON]

The only way for this to be shut down, is for all of the advanced nations to ban the use of non legal currency/digital currency, and cooperate in enforcing the rules.

Any nation that does not enforce the ban, would suffer economic consequences.

 

[Boreythebald]

The only way for this to be shut down, is for all of the advanced nations to ban the use of non legal currency/digital currency, and cooperate in enforcing the rules.

Any nation that does not enforce the ban, would suffer economic consequences.

Getting worse dude.

From Seeds to Weed, Bitcoin Finds Home Where Commerce Goes Gray - CoinDesk

 

[ROBERTSON]

Getting worse dude.

From Seeds to Weed, Bitcoin Finds Home Where Commerce Goes Gray - CoinDesk

Yep, looks like it.

I just wonder how far this has to evolve and grow, before responsible governments grow a pair.

 

[IguanaBite]

Anyone here owns Bitcoins and can share their experience?.

 

[Cmdr]

ETH situation is looking grizz. VET/XLM/LINK with some AMB to round off holdings from here on out..

 

[Cmdr]

B E A R M A R K E T
E
A
R
M
A
R
K
E
T

 

[Anonymous69]

Getting interesting.

Bitcoin mining could cancel out climate change efforts, scientists say | CBC News

 

[Spy vs Spy]

 

[Waxed]

It dropped 10%

Crypto Crash Begins to Affect Large Finance Firms, SBI Shares Decline

 

[XPshowoff]

Large bitcoin company goes bankrupt. $0-$50 k in assets, millions in liabilities.

EAST WENATCHEE — Giga Watt, the bitcoin mining and blockchain computing company, filed for bankruptcy Monday and is also facing eviction in Douglas County.
The company filed for Chapter 11 protection in the Eastern District of Washington bankruptcy court saying it is, "insolvent and unable to pay its debts when due," according to court documents. The company listed assets of between zero to $50,000 and liabilities between $10 million to $50 million.
The Port of Douglas County also started the eviction process…

 

[ROBERTSON]

I still wonder at how supposedly intelligent people thought this idiocy was sustainable, talk about believing in a fantasy.