(06-08-2015, 03:54 AM)SCN-3_NULL Wrote:

(06-08-2015, 03:51 AM)Surge Wrote: I hope you brought a sentinel module for those SHIVs

or a whole SHIV/drone team, sending humans in are too wasteful, machines can do a better job

(06-08-2015, 12:32 AM)Battle Bee Wrote: Not Bitcoin.
A credit card/bank account in general.

(06-08-2015, 04:08 AM)OdinYggd Wrote:

(06-08-2015, 12:32 AM)Battle Bee Wrote: Not Bitcoin.
A credit card/bank account in general.

Right, but I mentioned bitcoin because bitcoin allows you to send money to anyone in real life or online without requiring a bank account or credit card or any of that.

You just run an app on your PC or phone that serves as a bitcoin wallet, allowing you to send and recieve them as easily as you would pay someone using cash.

The only tricky part for people without the ability to buy things online is getting some bitcoin. It is possible to buy them in person if you know somebody who has them for sale, or can buy them online using their account for you.

Once you have them though, you send a payment by copypasting the address to send the payment to and it will get there all by itself for perhaps $0.02 in fees, compared to the several dollars in fees you pay using paypal or a major credit card.

Its a really incredible technology that sadly is taking a long time to catch on. But already you can buy things online from a growing number of stores like Newegg using them, and there's resturaunts and the like where you can buy coffee or lunch for yourself using it as well.

For instance here's one of my bitcoin addresses. You can make as many of these as you want, and most wallets let you label them to make it easy to keep track of who you have sent money to or gotten money from. 16Bgxkcam8WnoWvwkRZUcnn4HfCjg5n2He

And one of the neatest things is that you can see how much money an address has in it, but you can't take that money out of it unless it belongs to you. No more of that stealing people's account numbers nonsense that goes on with the banks.

(06-08-2015, 04:51 AM)Segolia Wrote:

(06-08-2015, 04:08 AM)OdinYggd Wrote: Right, but I mentioned bitcoin because bitcoin allows you to send money to anyone in real life or online without requiring a bank account or credit card or any of that.

You just run an app on your PC or phone that serves as a bitcoin wallet, allowing you to send and recieve them as easily as you would pay someone using cash.

The only tricky part for people without the ability to buy things online is getting some bitcoin. It is possible to buy them in person if you know somebody who has them for sale, or can buy them online using their account for you.

Once you have them though, you send a payment by copypasting the address to send the payment to and it will get there all by itself for perhaps $0.02 in fees, compared to the several dollars in fees you pay using paypal or a major credit card.

Its a really incredible technology that sadly is taking a long time to catch on. But already you can buy things online from a growing number of stores like Newegg using them, and there's resturaunts and the like where you can buy coffee or lunch for yourself using it as well.

For instance here's one of my bitcoin addresses. You can make as many of these as you want, and most wallets let you label them to make it easy to keep track of who you have sent money to or gotten money from. 16Bgxkcam8WnoWvwkRZUcnn4HfCjg5n2He

And one of the neatest things is that you can see how much money an address has in it, but you can't take that money out of it unless it belongs to you. No more of that stealing people's account numbers nonsense that goes on with the banks.

The problem with bitcoin is that it's a tremendous pain in the arse for anyone who isn't using bitcoin. It's not a preferred currency because the value with respect to real money fluctuates wildly (though it is stabilising) and converting from bitcoin to real money only happens through third party services, some of which can be pretty shady. I think there's also a somewhat lengthy turnaround on bitcoin to real money or vice versa.

It is catching on slowly but I think at present it's hardly worth the effort.

long image

(06-08-2015, 05:04 AM)OdinYggd Wrote:

(06-08-2015, 04:51 AM)Segolia Wrote: The problem with bitcoin is that it's a tremendous pain in the arse for anyone who isn't using bitcoin. It's not a preferred currency because the value with respect to real money fluctuates wildly (though it is stabilising) and converting from bitcoin to real money only happens through third party services, some of which can be pretty shady. I think there's also a somewhat lengthy turnaround on bitcoin to real money or vice versa.

It is catching on slowly but I think at present it's hardly worth the effort.

The delay getting in and out is inflicted by the banks at either end because they aren't happy about interacting with a non-bank system. It could be done a lot faster and more reliably, but why would they want to cooperate with a system that could put them out of business if it became widespread enough. Though your value can be locked in during that period on most of the platforms to experience it, for instance if I submit a buy order now for $500 worth I won't actually recieve that bitcoin for 3 days due to bank delays, but the purchase will be locked in to today's prices. Same in reverse to sell it back to cash. Of course if I had bitcoin for sale and you had a way to get the money to me to buy it, I could have it visible in your wallet a few minutes after getting payment and usable to you within 2 hours on a typical day.

As for the stability of its value, normal 'fiat' currencies are not perfectly stable either. They fluctuate considerably over a pretty significant range, the effects of which people oftentimes don't even notice as the prices on the things they use vary a small amount up or down in response to the changes.

Bitcoin just shows the changes more drastically than other currencies because it is a much younger market and doesn't have that enormous marketplace volume of normal money to provide resistance to rapid changes in value.

Recently, trading USD for Euro fell to record lows and a rate of only 1:1.05 USD:Euro. For a currency that was supposed to go mainstream and be stable, it has lost a lot of its value lately. And other currencies especially those from Europe are taking similar hits due to financial concerns in their parent countries, while the US dollar has varied from being on shaky ground to being quite solid in value.

As for actually using it, its as easy as copy-pasting a code on a computer or scanning a barcode using a phone app. More people using it would make it more widely accepted, stabilizing its value and making it more useful to have.

(06-08-2015, 04:16 AM)Surge Wrote:
For those not using sufficient amounts of dakka, this is what it looks like.

(06-08-2015, 02:52 AM)kawaiiChiimera Wrote: oh my god
fuck 'Lil Hunter

(06-08-2015, 12:15 PM)Marxon Wrote: Anyone notice Segolia's avatar slowly gets more awesome and adorable as it evolves?