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Originally posted by Subterranean13
That article and several others says they have one.
Well, it's a good indication that you really need to do more research then. From the bitcoin-central site itself:
"In short, Paymium (the company behind Bitcoin-Central) is neither a bank, nor a PSP.
bitcoin-central.net...edit on 14-12-2012 by Subterranean13 because: (no reason given)
"After month of research and discovery, we've learned the following:
1. Bitcoin is a technologically sound project.
2. Bitcoin is unstoppable without end-user prosecution.
3. Bitcoin is the most dangerous open-source project ever created.
4. Bitcoin may be the most dangerous technological project since the internet
5. Bitcoin is a political statement by technotarians (technological
6. Bitcoins will change the world unless governments ban them with harsh
What Are Bitcoins?
Bitcoins are virtual coins in the form of a file that is stored on your device.
These coins can be sent to and from users three ways:
1. Direct with peer-to-peer software downloaded at bitcoin.org
2. Via an escrow service like ClearCoin
3. Via a bitcoin currency exchange
Each owner transfers the coin to the next by digitally signing a hash of the
previous transaction and the public key of the next owner and adding these to
the end of the coin. A payee can verify the signatures to verify the chain of
The benefits of a currency like this:
a) Your coins can't be frozen (like a Paypal account can be)
b) Your coins can't be tracked
c) Your coins can't be taxed
d) Transaction costs are extremely low (sorry credit card companies)
You can watch a simple video here: jc.is... "
Where Do Bitcoins Come From?
Bitcoins are created by a complex algorithm. Only 21M can be made by the year 2140. Your desktop bitcoin software can make bitcoins, but at this point the electricity and time it would take to produce a bitcoin is larger than the actual value of a bitcoin (your laptop might take five years to make one,
Read more here:
Originally posted by Chrisfishenstein
reply to post by hawkiye
You still have to "purchase" these........What is the difference? You are still using CURRENCY to buy bit coins......All this is to me is someone selling something worthless.....
I can sell you something I say is "worth" money, and you will believe it......All the while I collect all the "real" money that is used as currency.....
If is not backed by currency, it could be 2 kids sitting in their moms basement starting this.....
Elite rules, banks own the money, government owns the banks.......If this catches on, and takes over for the paper money we have, then everyone would have nothing! The elites would have control because they own the money.....
Hopefully I made sense, but probably not......Seems like you are hellbent on this idea