Bitcoins are their own self-fulfilling prophecy. They're a target for speculators because their circulation is nearly non-existent and they have no regulatory body (by design) to stabilize. Uncle Sam won't touch them either, because although Bitcoins may have been created to buy hookers and blow, the real threat is in money laundering and tax evasion.
Well, apparently one of the bigger Bitcoin exchanges shut down overnight. It's crazy how volatile the damn thing is.
NSFW NSFW Pelts and beads. You may be onto something. Maybe I'm old, but the whole Bit Coin thing sounded ridiculous. Like Chuck E. Cheese tokens for illicit materials some folks desperately wanted legitimized. Tulips also spring to mind. Too late. A few of them made a killing.
Well, guys have been trading beads for beaver at Mardi Gras for years. That second gif will now give me a completely different visual when I hear a parent say to their teething child, "Don't put that in your mouth! You have no idea where it's been."
I just saw a guy standing on a corner with a sign that said "Need Bum Stuff". I though about giving him a dollar for creativity, but he'd probably spend it on bum stuff so I didn't.
I look at BitCoin as an interesting calling of the monetary bluff that is fiat currency. It makes us examine what money is and how and why it works which is something we, as a society, should do from time to time. The foundational different between bitcoin and the US Dollar is that the latter is backed by the "full faith and credit of the US." Or, in other words, we promise to use Dollars for transactions and to honor them as money. While, incidentally, having taken a credit rating hit in the last few years. Whereas bitcoin is primarily backed by mathematical scarcity. So we wind up with a chicken and egg problem, places don't take bitcoin because places don't take bitcoin. If enough merchants and governments accepted it, it would spread at an increasing rate and eventually reach some degree of stability. It's fun to watch and see. And wish you got in early. But sooner or later I think a pure fiat currency will gain the widespread adoption necessary to work, whether it's bitcoin or another. A note on anonymity, bitcoin is pretty funny in that it's anonymous in one sense (you don't have to have an ID tagged to it), but every coin's transaction is trackable for verification purposes so there is a theoretical metadata record of every bitcoin purchase ever out there.
Well, I figured since you were through with it . . . Alright, now my whole life it was Hawaii and now lately I keep seeing it as Hawai'i. Are you telling me it's going to be Hallowe'en now? Or is that just some Canadian thing like colour?
Why is it every time I order underwear my damn dog gets into it and opens it up and spreads it all over the place? She's three for three. At least this time I can console myself that she didn't do it outside where my daughter and her then 17-year-old boyfriend had to pick them up. Not even a little bit embarrassing that there was also a bus stop across the street that could see said underwear all over the yard. I don't even care that she looks adorable playing in the snow right now. And why is it snowing again?? I just opened myself up for more 17-year-old jokes, didn't I? Whatever. Stupid dog.
Re: That'll teach you to stop wearing underwear Okay, that's a good one. Damn you Rush. Right to hell.
I may be the only person in the entire state of Maryland (ugh) excited about more snow. But YAY! Snow!
You should have moved to Minnesota, we got plenty for ya- and it's going to be around for a looong time this year.
Hmmm. I'm good. I'm just happy that my first winter anywhere where we get snow has been such a wintery winter.