- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Bitstamp Halts Withdrawls
Posted on 2/13/14 at 9:40 am to OnTheBrink
Posted on 2/13/14 at 9:40 am to OnTheBrink
quote:
That's what it is right? A crypto-currency?
It is, but that's a very simplistic way to view it.
"Currency" is just the first application of the bitcoin network. There will be other applications that are developed on top of it as well.
Just for clarification, I refer to the bitcoin network but I also use the term protocol at times.
The bitcoin protocol is just the set of rules that must be followed in order to participate in the network. The bitcoin network is the collection of systems throughout the world that are performing the hashing and processing the transactions.
1
Posted on 2/13/14 at 9:48 am to WikiTiger
quote:
WikiTiger
Listen, most of the time I just troll these threads, but I do try to read and get something out of it. I have never, ever heard bitcoin mentioned in real life. I feel like if I do join in on a conversation one day, I will be able to contribute a little. I was home with a sick kid yesterday and was watching Bloomberg a little and they mentioned it, the lady said just when she was starting to like it, the bitstamp thing happened.
But honestly, what would make a hick from TN, who doesn't travel overseas, who doesn't have anything to hide from the government, and all of the other things it is "good" for, want to change and use it? Seriously, its a pain in the arse as is, when you get a new card and have to go online to update everything. Why should I learn bitcoin protocol and block chains and ledgers and such when I have a debit/credit card to handle all of these things for me?
This is not a troll, just my honest opinion on it. Try to change it!
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News