Bitcoin

From Noisebridge
(Difference between revisions)
Jump to: navigation, search
(hmmm ... rolling this dubious hack back to: Revision as of 23:27, 29 November 2013 by 24.29.242.37)
(Anti-controversy: Updating really old information.)
Line 37: Line 37:
 
=== Anti-controversy ===
 
=== Anti-controversy ===
  
* It's not a Ponzi scheme if you can get your money converted back immediately, is it (hint: http://mtgox.com, a Bitcoin exchange)? Some more perspective: http://weusecoins.com
+
* It's not a Ponzi scheme if you can get your money converted back immediately (via: [http://coinbase.com coinbase.com], [http://bitpay.com bitpay.com] or one of the many other payment processors or exchanges).
 
* Fringe ideas are always ridiculed.  
 
* Fringe ideas are always ridiculed.  
* Bitcoins have been around for 2.5years now
+
* Bitcoins have been around for [https://en.wikipedia.org/wiki/Bitcoin 5 years now] and have had hundreds of millions invested in related startups / infrastructure.
* FSF accepts bitcoins (http://www.fsf.org/blogs/community/bitcoins-a-new-way-to-donate-to-the-fsf)
+
* The [http://www.fsf.org/blogs/community/bitcoins-a-new-way-to-donate-to-the-fsf FSF], [https://supporters.eff.org/donate EFF] and many other important institutions accept bitcoin.
* WikiLeaks accepts bitcoins (http://shop.wikileaks.org/donate http://www.forbes.com/sites/jonmatonis/2012/08/20/wikileaks-bypasses-financial-blockade-with-bitcoin/)
+
* WikiLeaks [http://www.forbes.com/sites/jonmatonis/2012/08/20/wikileaks-bypasses-financial-blockade-with-bitcoin/ received support via bitcoin] during the Visa financial blockade.
* The price of a bitcoin to USD has been above $700 during 2013. The highest it's gone has been <strike>$14.33</strike> <strike>$106.00</strike> <strike>$236.00</strike> $1020. ( http://blockchain.info/charts/market-price )
+
* The USD value of 1 Bitcoin has risen to <strike>$14.33</strike> <strike>$106.00</strike> <strike>$236.00</strike> $1132.26. ([https://bitcoinaverage.com/charts#USD-averages-false November 29, 2013 08:30])

Revision as of 14:02, 10 June 2014

Danny O'Brien is accepting Bitcoin donations on behalf of Noisebridge. In a mailing list post (and followup), he sent the following clear-signed GPG message:

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

I can take bitcoins for Noisebridge (I'm on the board for whatever that counts as -- at the very least, Noisebridge have a tradition that you can give cash to a board member as a donation)

1B5sJQ6Wu6AmK9xG5YTic4Nszw4PS7UMAM

d.


-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.10 (Darwin)
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=Nwpk
-----END PGP SIGNATURE-----

Controversy

According to an unsigned edit to this page by 69.181.70.193, "Bitcoins are an enormously stupid Ponzi scheme that no self respecting hacker should touch with a 10 foot grounded pole."


Anti-controversy

  • It's not a Ponzi scheme if you can get your money converted back immediately (via: coinbase.com, bitpay.com or one of the many other payment processors or exchanges).
  • Fringe ideas are always ridiculed.
  • Bitcoins have been around for 5 years now and have had hundreds of millions invested in related startups / infrastructure.
  • The FSF, EFF and many other important institutions accept bitcoin.
  • WikiLeaks received support via bitcoin during the Visa financial blockade.
  • The USD value of 1 Bitcoin has risen to $14.33 $106.00 $236.00 $1132.26. (November 29, 2013 08:30)
Personal tools