ed. note 2: but he could be, RON PAUL '16!patogordo wrote:(ed. note: Ron Paul is not a person in the government)thesealocust wrote:One person in the government that could really help to ensure this is Ron Paul.
TLS crowd sources a law review article: bitcoin & bankruptcy Forum
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xRON MEXiCOx
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Re: TLS crowd sources a law review article: bitcoin & bankruptcy
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thesealocust
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Re: TLS crowd sources a law review article: bitcoin & bankruptcy
Ron Mexico wrote:ed. note 2: but he could be, RON PAUL '08!patogordo wrote:(ed. note: Ron Paul is not a person in the government)thesealocust wrote:One person in the government that could really help to ensure this is Ron Paul.
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Hipster but Athletic
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Re: TLS crowd sources a law review article: bitcoin & bankruptcy
B. Obtaining Bitcoins
There a number of ways to get BitCoins. The easiest and most sensical is through barter, because selling your labor for fiat is pseudo-slavery. Also, you can "mine" for BitCoins by volunteering your computer's resources and your* home's energy to the task of verifying the integrity of BitCoin transactions; for doing this, you will be rewarded in small bits** of bitcoins. Verifying BitCoin transactions this way makes it the most secure form of payment in the world, much more so than even banks. This is especially vital because BitCoin works as a decentralized currency with no government oversight. This level of security has allowed several BitCoin "exchanges" to emerge, which have arguably been the most important catalyst in driving BitCoin's price towards the moon*** in recent months. Some commonly known exchanges (otherwise referred to as "coinwallets", depending on the company's mission-statement) include BTC-E, CoinBase, and Mt. Gox. Mt. Gox was the most famous of all the exchanges, but unfortunately, it fell victim to theft via a vulnerability in the BitCoin code that only it could possibly fall victim to, because BitCoin itself is the most secure currency in the world. All other exchanges are perfectly safe. Mt. Gox lost an estimated $57 million in this unfortunate circumstance. Its users will likely get all their money bank via the United States Bankruptcy system, which of course, is run by terrible government-types. Ron Paul '16 will fix bankruptcy.
* It is however recommended that you just use your employer's energy resources, or sign a utilities-included rental agreement.
**Get it?! "Bits." Haha.
***Bitcoin's price can never go down, so it might be a bit of a stretch (or pedantic) to point out a catalyst for its upward movement.
There a number of ways to get BitCoins. The easiest and most sensical is through barter, because selling your labor for fiat is pseudo-slavery. Also, you can "mine" for BitCoins by volunteering your computer's resources and your* home's energy to the task of verifying the integrity of BitCoin transactions; for doing this, you will be rewarded in small bits** of bitcoins. Verifying BitCoin transactions this way makes it the most secure form of payment in the world, much more so than even banks. This is especially vital because BitCoin works as a decentralized currency with no government oversight. This level of security has allowed several BitCoin "exchanges" to emerge, which have arguably been the most important catalyst in driving BitCoin's price towards the moon*** in recent months. Some commonly known exchanges (otherwise referred to as "coinwallets", depending on the company's mission-statement) include BTC-E, CoinBase, and Mt. Gox. Mt. Gox was the most famous of all the exchanges, but unfortunately, it fell victim to theft via a vulnerability in the BitCoin code that only it could possibly fall victim to, because BitCoin itself is the most secure currency in the world. All other exchanges are perfectly safe. Mt. Gox lost an estimated $57 million in this unfortunate circumstance. Its users will likely get all their money bank via the United States Bankruptcy system, which of course, is run by terrible government-types. Ron Paul '16 will fix bankruptcy.
* It is however recommended that you just use your employer's energy resources, or sign a utilities-included rental agreement.
**Get it?! "Bits." Haha.
***Bitcoin's price can never go down, so it might be a bit of a stretch (or pedantic) to point out a catalyst for its upward movement.
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