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Originally posted by 00nunya00
Show me the bitcoin I can use after the government has shut it [the internet/electric grid/currency trading/markets/e-commerce/etc] off? Oh......yeah......
Originally posted by Navieko
Originally posted by 00nunya00
Show me the bitcoin I can use after the government has shut it [the internet/electric grid/currency trading/markets/e-commerce/etc] off? Oh......yeah......
Do you honestly think that the dollar will be of value when and if the government decides to "shut off the internet/electric grid/currency trading/markets/e-commerce/etc"?
If TSHTF, doesn't matter how much of ANY modern day currency you possess, it will be useless in a SHTF scenario. So your argument is moot.
Bitcoin is by far the best direction to move in at the moment.
Originally posted by GanjaBudz
Bitcoins are awesome. I bought some a couple years ago for an underground website. Never used them now they are worth five times as much.
Originally posted by 00nunya00
Oh, how far behind you are. I made a few posts in this thread; you should review them.
I said that bitcoin is at the mercy of all the things that our fiat Fed system are. Neither of them give you something of intrinsic value in your hand when the SHTF. The stupid idea of "beating the bankers" by putting even more of peoples' hard-earned [worthless] cash and [real-value] gold and silver into bitcoin is a scam from the top.
But you're wrong: I WILL have modern-day currency in my hands that will be worth far more by that point: junk silver. The least "real" money any of us are going to see for a while.
Originally posted by SSFlorida
Well, IF and WHEN the dollar collapses and the internet is shut down let's see how well you do with your Bitcoins....
Originally posted by kdog1982
New Bitcoin Skype Malware Spreading At 2,000 Clicks Per Hour
storyfic.com
(visit the link for the full news article)
A new piece of malware is rocking the Internet society now as it has been found that it is spreading through Skype which basically uses the infected computers to mine for Bitcoins and then make the owner of the malware money. It was discovered by by security firm Kaspersky, the malware is named “Trojan.Win32.Jorik.IRCbot.xkt,” and is spreading at an alarming rate.
That's not a reason not to use bitcoin. that's a reason not to download viruses like an idiot.
Originally posted by fleabit
That's not a reason not to use bitcoin. that's a reason not to download viruses like an idiot.
How can a new virus that has 0 definitions out for it be protected against?
It's utterly impossible to fully protect yourself against malware and viruses. Even if you are running computer-crippling live protection, there will be viruses developed that will waltz right on by. Someone isn't an "idiot" because they get a virus. Many people wouldn't possibly know all the ways they could be infected. Heck, I know fellow IT professionals that don't know all the loopholes on a computer. For example.. stuff like _javascript and the "allow opening of non-pdf" options which are ON by default in Adobe Reader. You really think someone is an idiot because they didn't realize those should be disabled?
Nothing and no one is hack-proof. Which is why an electronic money is idiotic.
Originally posted by buster2010
Yet another reason to not use bitcoin. Put your money into something you can hold in your hand like gold or silver not into something that can disappear due to malware or the net going down.