Bees Brothers: young cryptocurrency entrepreneurs keep ...

Bitcoin has taken the shot for us

It’s supposed to be an electronic cash system, but not “THE” electronic cash system used worldwide for day to day use, doesn’t matter how big or small is the value. Bitcoin won’t be that.
Bitcoin has taken the shot for us, for all of us in this community. In the current system that we’re living, distribution of money is far, very far from being fair. And by fair I don’t mean equal, since differences in people and nations will be reflected in the economy of the world. Bitcoin has been merged to this system.
Bitcoin did it for us. All the ideology and the philosophy behind Bitcoin. The message. The disruption. We knew that at some point the current system would try to absorb Bitcoin to their own world: regulations, the Wall Street, the hedge funds, the big investors, mining centralization. This is when Bitcoin started being absorbed to their world.

Introduce Monero

Or BitMonero, should I say. A small group of people that shared the love for Bitcoin, its ideals and cryptography, but also believed that privacy and fungibility are part of the main characteristics of electronic cash.
This group had the advantage of learning through its big brother failures. Watching and learning, trying to avoid the same mistakes, but having some mistakes of its own as well. Monero is, at the moment, being considered as something small – it’s “just a niche” some might say. But this is not true. Monero has the people and the potential to become what Bitcoin was supposed to be, philosophically speaking. Not only it has the real characteristics of sound money, it also has a better distribution model where people can mine with any computer, any web browser.
This doesn’t mean much, right? Do you care about decentralization at all? Don’t lie to me. Just a few people really care because the rest is too busy watching the price change. What you don’t understand is that with a good decentralization model you will have a fair distribution of the world’s wealth. In the future, anyone will be able to “make” money and this idea is extremely powerful. I can’t even describe with words the importance of this.
Now that the current system is busy exploring Bitcoin and dealing with it, Monero has the place and the opportunity for accomplishing the changes that Bitcoin wasn’t able. Like the little brother trying to avenge its big brother.
So, the window is here. This is the time to seize the opportunity. “What are you talking about? Should I buy more Monero?” No, silly. It’s time to make Monero known outside. It’s time to teach what Monero is about. See how I phrased that? Don’t just explain what Monero is. You should also explain what Monero is trying to achieve in the current financial system. Yes, you will talk about the price because people love the increase of value, but don’t forget WHY it has value on the first place!

Monero only exists because YOU are in it

Help people open wallets. Ask them if you can exchange value in this currency from now on. For business that have an online version, talk to them about GloBee and show how easy it is to accept this currency as payment method. For local business… I admit that I still don’t know how easy it is for a local business to accept Monero as a payment method. But if this is what is stopping us, we should come with a solution.
We should come with a solution to help the people of the world to liberate itself from the current financial system while they’re too busy with Bitcoin.
In the meanwhile, let's avoid making too many mistakes. Keep the community tight. Don't forget the main values and let's keep walking.
submitted by curumimxara to Monero [link] [comments]

Thoughts on the current tax regulation (focussing on Germany). We need a fast solution!

(Sorry if something is not clearly understandable, I'm not a native speaker. Also you might need to think into a different legal/tax system when reading this.)
I collected some thoughts about why I think that the current taxation on crypto currencies (as existing in some countries) is neither fair nor viable and potentially dangerous. Hopefully someone with great connections and a thick FIAT wallet will set a precedent soon.
Some technical issues preventing a fair taxation:
Thinking beyond:
submitted by kkkkkkkkkk1234567890 to CryptoCurrency [link] [comments]

[PLEDGE] Please we need a new foundation - Today we start anew

Time to hard fork the foundation.
The current one is corrupt and must be terminated. They get rid of Mark stubbornly and now add an accused pedophile rapist and a guy from LITECOIN whos brother profited from his Chinese Bitcoin exchange by manipulating it.
The foundation has no authority and we should not recognize them. Can we please start a new one with good CLEAN people? I nominate the following and I will even donate:
CEO of Gyft
Bitpay CEO (though he's accused of being a pedophile also so maybe not)
Ryan Selkis two bit idiot
Andreas (though he too has been dirtied by neo bee)
Can someone get their attention and maybe we can pledge donations. I pledge 0.25 btc for now.
I am so sick and tired of their secrecy, corruption, controversies, fraud and scandals.
I'd like to call the new group, Two Bit Foundation
submitted by goodm0rning to Bitcoin [link] [comments]

Subreddit Stats: bitcoin top posts from 2013-07-04 to 2013-08-03 01:56 PDT

Period: 29.36 days
Submissions % Comments %
Total 1000 27091
Rate (per day) 34.05 850.72
Unique Redditors 635 4416
Upvotes 73437 80.7781151003168% 125121 74.27826819987058%
Downvotes 17475 19.221884899683204% 43328 25.72173180012942%

Top Submitters' Top Submissions

  1. 1745 pts, 38 submissions: xezirone
    1. Foodler bitcoin orders growing by 30 percent a month (229 pts, 29 comments)
    2. I walked into a bar and watched as people swapped thousands of dollars for bitcoins (196 pts, 74 comments)
    3. Newlyweds Will Live Only On Bitcoin For Three Months, Starting Today (130 pts, 63 comments)
    4. Bitcoin exchange opens in Hong Kong (117 pts, 13 comments)
    5. Did Thailand really ban Bitcoin? Don’t be so sure (112 pts, 13 comments)
    6. Articles: The Mind-Boggling Implications of a Bitcoin Economy (79 pts, 10 comments)
    7. Afghanistan's first recorded bitcoin transaction (69 pts, 12 comments)
  2. 1350 pts, 22 submissions: IWillNotBiteYourDog
    1. Internet Drug Dealers Are Really Nice Guys (325 pts, 172 comments)
    2. Hand Over Your Dollars! Argentinian Government Issues Pseudo-Currency In Exchange For US Tender (209 pts, 154 comments)
    3. Rogue Employee Fired for Turning Game Network Into Bitcoin Mining Colony (107 pts, 33 comments)
    4. Bitcoin’s greatest value is in the world’s least stable economies (102 pts, 17 comments)
    5. Why Iceland Should Use Bitcoin (73 pts, 22 comments)
    6. How China Spawned a Bitcoin Industry in Three Months (and Why it Might be Doomed) (73 pts, 35 comments)
    7. Arrested suspect denies that DEA-seized bitcoins are his (57 pts, 29 comments)
  3. 1061 pts, 14 submissions: waspoza
    1. 300 Year Old Russian Watch Factory Raketa Accepts Bitcoins (197 pts, 14 comments)
    2. Africa's first Bitcoin wallet launches in Kenya (179 pts, 40 comments)
    3. Venezuelan-owned coupacafe of Palo Alto now accepting bitcoin. Medium latte = 0.048 BTC (140 pts, 19 comments)
    4. Bitstamp bitcoin trading volume overtakes leading exchange Mt. Gox for first time (130 pts, 28 comments)
    5. Why I Accepted Executive Director Position for Bitcoin Foundation (95 pts, 9 comments)
    6. Will bitcoin ever be used for gas pumps, parking meters and pool tables? (75 pts, 29 comments)
    7. Bitcoin just made a giant leap in Africa (57 pts, 6 comments)
  4. 1014 pts, 3 submissions: xrandr
    1. Bitcoin ruled illegal in Thailand (800 pts, 274 comments)
    2. Gavin suggests two-factor protection of wallet files (161 pts, 91 comments)
    3. Bitcoin Foundation's letter to FinCEN against proposed rule it says "could be misinterpreted to suggest that virtual currency transactions in general are inherently suspect" (53 pts, 24 comments)
  5. 868 pts, 16 submissions: bitkeef
    1. Kickstarter pulls “Bitcoin: The Movie” project two weeks after launch (131 pts, 24 comments)
    2. HMRC: UK bitcoin exchanges don’t have to register under money laundering regulations (125 pts, 25 comments)
    3. Bitcoin Foundation forms committees for legal defence and regulation (114 pts, 17 comments)
    4. BTCTurk becomes the first Turkish lira-to-bitcoin exchange (105 pts, 3 comments)
    5. Sweet success for Bees Brothers, world’s youngest Bitcoin entrepreneurs (73 pts, 19 comments)
    6. Two UK Football teams fundraise using bitcoin (71 pts, 15 comments)
    7. Jeff Garzik, one of Bitcoin's core developers, talks about his views on Satoshi Nakamoto and the future of Bitcoin. (64 pts, 14 comments)

Top Commenters

  1. Anenome5 (853 pts, 256 comments)
  2. physalisx (692 pts, 200 comments)
  3. ButterflySammy (685 pts, 232 comments)
  4. SeansOutpost (676 pts, 76 comments)
  5. 17chk4u (669 pts, 133 comments)
  6. hardleft121 (604 pts, 215 comments)
  7. throwaway-o (589 pts, 169 comments)
  8. zeusa1mighty (523 pts, 187 comments)
  9. Julian702 (478 pts, 121 comments)
  10. xrandr (477 pts, 60 comments)

Top Submissions

  1. Bitcoin ruled illegal in Thailand by xrandr (800 pts, 274 comments)
  2. In Austin TX this afternoon by r3st0r3 (754 pts, 106 comments)
  3. Bitcoin Owners... by serversidesandwich (729 pts, 98 comments)
  4. Petition to have /bitcoinmarkets on the sidebar here (just upvote to vote) by Pete489Z (648 pts, 310 comments)
  5. Avalon took 150 BTC from me and wont respond by shwag (608 pts, 150 comments)

Top Comments

  1. 240 pts: AlpineWolf's comment in Listen to Bitcoin contains malware!
  2. 214 pts: jewishmother69's comment in Bitcoin ruled illegal in Thailand
  3. 188 pts: ajm__'s comment in Stop freaking out about the price and look at this damn picture. It's a log chart, which is necessary for viewing since bitcoin value has always grown exponentially over the longer term.
  4. 186 pts: thealmightydru's comment in I tried to order a deck of Cards Against Humanity using Bitcoins but was surprised by this negative response. What do you guys think?
  5. 185 pts: sfgayatheist's comment in If you get caught selling Bitcoin hardware on eBay, Paypal will "sever business relationships with you".. read:
Generated with BBoe's Subreddit Stats SRS Marker: 1375509388.0
submitted by wildncrazyguy to subreddit_stats [link] [comments]

Reddit Activist Network TL;DR News Dump 02/16/2012 06:30 EST

Wow.. maybe there's been a dip in the news but I feel if you've been keeping up with the TL;DR updates, you have a handle on everything major happening right now for the online freedom fight. :)
Which means I can start playing with some other stuff. Check back in today to see some projects, i'll try to get off the ground!
Reddit Activist Hivemind
Intellectual Property
Civil Liberties
Ron Paul 2012
submitted by EquanimousMind to evolutionReddit [link] [comments]

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