"THERE'S NO WAY THE GOVERNMENT IS GOING TO LET EMAIL EAT INTO THE POST OFFICE'S REVENUE!"
quote:Don't forget your transaction fees to convert the bitcoins to Euros and Euros to bitcoins. This is a money making venture, not a free service. And the ATM will also have access to money in your bank account if the ATM can get the proper networking with banks since the debit card will be linked to your bank account.
2) You just insert your dollars into the machine and get bitcoins... So how do you claim these on the back end, I thought they were stored on your pc or ledger?
it was a fiat currency that couldn't have its supply inflated.
Bitcoin derives it from a complex, and essentially permanent, set of rules which issue new bit coins at a steadily declining rate until the early 22nd century, when the total quantity of bitcoins in circulation will be fixed forever.
ETA: I just googled to see how I could have missed the claim you're making. It didn't happen. That's how I missed it.....
No, those people just still aren't on the internet.
quote:It will collapse and turn into virtual dust long before then. My guess is within the next 2 or 3 years.
It is capped at 21 million BTC which will be reached in the year 2140
What do you mean?
it does NOT need to be "sold to someone".
If a product, or service, represents it's worth intrinsically,